Property and Equipment

12 Months Ended

Dec. 31, 2015

Property Plant And Equipment [Abstract]

Property Plant and Equipment [TextBlock]

The composition of property and equipment at December 31, 2015 and 2014 follows:

(in thousands)
		2015		2014
Land	$	2,247	$	2,247
Buildings and improvements		1,827		1,827
Computer equipment and software		187		187
Office furniture and equipment		227		227
Total cost		4,488		4,488
Less accumulated depreciation and amortization		995		903
Property and equipment, net	$	3,493	$	3,585

Depreciation of property and equipment totaled $92,000 and $103,000 for the years ended December 31, 2015 and 2014, respectively.