Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

The components of property and equipment were as follows:

	As of December 31,
	2017			2016
	(In thousands)
Office equipment, leasehold improvements and furniture	$	319		$	319
Less accumulated depreciation	(179		)	(116		)
Property and equipment, net	$	140		$	203

Depreciation expense for the years ended December 31, 2017 and 2016 was approximately $63,000 for both years, respectively and $50,000 in 2015.