Operating Lease Right of Use Assets

12 Months Ended

Dec. 31, 2019

Operating Lease Right Of Use Asset [Abstract]

Operating Lease Right of Use Assets

NOTE 5 – OPERATING LEASE RIGHT-OF-USE ASSETS:

The Corporation leases certain factory and office space and equipment. Additionally, the manufacturing facilities of one of our cast roll joint ventures in China are located on land leased by the joint venture from the other partner. The land lease commenced in 2007, the date the joint venture was formed, and continues through 2054, the expected end date of the joint venture.

Right-of-use assets associated with operating leases as of December 31, 2019, were comprised of the following:

	2019
Land	$	2,700
Buildings		1,506
Machinery and equipment		329
Other		487
		5,022
Accumulated amortization		(759	)
Operating lease right-of-use assets, net	$	4,263