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Note 9 - Property and Equipment, Net
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
9.
PROPERTY AND EQUIPMENT, NET
(In Thousands)
 
    December 31
    2018   2017
Cost        
Land   $
2,510
    $
2,510
 
Buildings    
6,066
     
6,066
 
Equipment    
19,186
     
19,999
 
Furniture and fixtures    
751
     
800
 
Leasehold improvements    
2,182
     
2,247
 
Transportation equipment    
664
     
622
 
Property leased to others    
4,141
     
4,274
 
     
35,500
     
36,518
 
Accumulated depreciation                
Buildings    
1,947
     
1,807
 
Equipment    
18,014
     
19,261
 
Furniture and fixtures    
735
     
769
 
Leasehold improvements    
2,064
     
1,898
 
Transportation equipment    
537
     
544
 
Property leased to others    
415
     
323
 
     
23,712
     
24,602
 
                 
Property and equipment pending for inspection    
1,926
     
1,839
 
                 
Total   $
13,714
    $
13,755
 
 
Depreciation expense recognized during the years ended
December 31, 2018,
2017,
and
2016,
was approximately
$993,000,
$1,016,000,
and
$1,103,000,
respectively.
 
In
August 2009,
the Company sold its land, located in Hsinchu, Taiwan, with a carrying value of approximately
$8,918,000
to a real estate developer in exchange for a portion of the real estate after it is developed, which includes a portion of an office building and a portion of a parking lot. The Company consummated this transaction to acquire office building space and parking lot space for the purpose of future operations and business growth. Considering the Company’s current operating scale and capital requirements, the Company leased out
three
units to a
third
party in
December 2014.
The Company has also sold
5
building units to
third
parties during the years ended
December 31, 2015
and
2014.
There were
no
transactions made in relation to building for the year ended
December 31, 2018
and
2017.
 
In the
third
quarter of
2016,
the Company disposed
one
of the
three
units of the Company’s office building in China, and a net gain of
$1,725,000
was recorded for the year ended
December 31, 2016.
There were
no
transactions made in relation to buildings in China for the years ended
December 31, 2018
and
2017.