Property and Equipment, Net

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

NOTE 5 – PROPERTY AND EQUIPMENT, NET

The Company depreciates its assets on a straight-line basis over the assets’ useful lives, which range from three to ten years. Property and equipment consist of the following:

	September 30,			December 31,			Average
	2020			2019			Life
Furniture and fixtures	$	3,245		$	2,793		3-5 years
Equipment and vehicles		31,668			29,504		3-10 years
Computers		19,590			15,122		3 years
Leasehold improvements		5,201			4,936		3-5 years
Construction in progress		129			2,503
Less:  Accumulated depreciation and amortization		(45,116	)		(40,034	)
	$	14,717		$	14,824

Property and equipment under capital leases:

	September 30,			December 31,
	2020			2019
Computer equipment	$	1,575		$	1,241
Less accumulated depreciation		(897	)		(557	)
	$	678		$	684

Capital leases for computer equipment have an average lease term of five years with minimum lease payments as follows:

2020 (three months remaining)	$	91
2021		364
2022		363
2023		279
2024		97
Thereafter		18
	$	1,212

Depreciation expense was approximately $1.3 million for the three months ended September 30, 2020 and 2019, respectively and $4.2 million for the nine months ended September 30, 2020 and 2019, respectively.