Note 4 - Property and Equipment, Net

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4.

             PROPERTY AND EQUIPMENT, NET

Property and equipment is summarized as follows:

	At December 31,
(In thousands)	2018			2017
Land	$	382		$	1,205
Buildings and improvements		4,085			8,476
Equipment		5,740			5,716
Property and equipment, gross		10,207			15,397
Less accumulated depreciation		(4,234	)		(4,155	)
Property and equipment, net	$	5,973		$	11,242

Depreciation expense for the years ended

December 

31,

2018,

2017

 and

2016

was 

$1.1

million,

$1.0

million, and

$0.9

million, respectively.

During the year ended

December 

31,

2018,

the Company disposed of

$5.7

million of property and equipment with an accumulated depreciation at disposal of

$0.9

million. Included in disposals in

2018,

was the sale of the Company's headquarters building. The building sale was for

$8.1

million with a

ten

-year lease back and, accordingly, included a deferred gain of

$2.9

million that was net of

$0.4

million of sale-related expenses.

During the year ended

December 

31,

2017,

the Company disposed of

$0.3

million of property and equipment with an accumulated depreciation at disposal of

$0.3

million.