Property and Equipment

12 Months Ended

Dec. 31, 2020

Property and Equipment

Property and Equipment

Note 4. Property and Equipment

Property and equipment at December 31, 2020 and 2019 consists of the following (amounts in thousands):

	2020		2019
Land and improvements	$	8,724	$	8,724
Building		11,325		11,530
Equipment		35,637		38,318
Towers		1,257		1,536
		56,943		60,108
Less: accumulated depreciation		(28,726)		(28,241)
		28,217		31,867
Equipment installations in progress		3,581		2,452
Total property and equipment, net	$	31,798	$	34,319

Depreciation expense was $4.7 million and $3.3 million for the years ended December 31, 2020 and 2019, respectively.

For the years ended December 31, 2020 and 2019, we purchased equipment required as a result of the FCC mandated spectrum repack of $0.9 million and $0.7 million, respectively, for which we received proceeds of $1.2 million and $1.7 million, respectively.