Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

6. Property and Equipment

Property and equipment consisted of the following as of December 31:

(Dollars in thousands)	2020			2019
Furniture and fixtures	$	4,363		$	4,464
Leasehold improvements		1,637			1,654
Vehicles		824			690
Construction in progress		-			98
Total cost		6,824			6,906
Less accumulated depreciation		(3,715	)		(2,219	)
Total property and equipment, net	$	3,109		$	4,687

Purchases of property and equipment totaled $0.5 million and $2.2 million for the years ended December 31, 2020 and 2019, respectively. Depreciation expense totaled $1.7 million and $1.2 million for the years ended December 31, 2020 and 2019, respectively.

During the year ended December 31, 2020, the Company disposed of fixed assets with a net book value of $0.5 million resulting in a gain on the disposal of fixed assets of $0.4 million. As a result of these disposals, the Company received funds of $0.6 million from the sales of the disposed assets. During the year ended December 31, 2019, the Company disposed of fixed assets with a net book value of $0.5 million resulting in a gain on the disposal of fixed assets of $0.