Note 11 - Lease Commitments

12 Months Ended

Dec. 31, 2017

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, 2017

are as follows (in thousands):

	Capital		Operating		Total
2018	$	256	$	524	$	780
2019		260		515		775
2020		259		442		701
2021		215		339		554
2022		15		151		166
Thereafter		450		-		450
Total minimum lease payments		1,455	$	1,971	$	3,426
Less: amounts representing interest		386
Present value of minimum lease payments		1,069
Less: current portion of obligations under capital leases		212
Long-term portion of obligations under capital leases	$	857

Rental expense included in the Consolidated Statements of Operations amounted t

o approximately

$0.5

million in

2017

and

$0.6

million in

2016.