Note 11 - Lease Commitments

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Leases of Lessee Disclosure [Text Block]

Note

11.

Lease Commitments

Avalon leases golf carts, machinery and equipment, furniture and fixtures, and copiers under operating leases. Under capital leases, Avalon leases a vehicle, equipment and land and land improvements. Future commitments under long-term, operating leases and capital leases at

December

31,

2016

are as follows (in thousands):

	Capital		Operating		Total
2017	$	141	$	466	$	607
2018		81		395		476
2019		80		305		385
2020		80		140		220
2021		72		93		165
Thereafter		465		-		465
Total minimum lease payments		919	$	1,399	$	2,318
Less: amounts representing interest		355
Present value of minimum lease payments		564
Less: current portion of obligations under capital leases		112
Long-term portion of obligations under capital leases	$	452

Rental expense included in the Consolidated Statements of Operations amounted to approximately

$0.6

million in

2016

and

$0.5

million in

2015.