XML 27 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Supplementary Balance Sheet Information
 6 Months Ended
Jun. 30, 2020
Inventory Disclosure [Abstract]  
Supplementary Balance Sheet Information Supplementary Balance Sheet Information
The components of inventories are as follows (in thousands):
June 30,
2020		December 31,
2019
Raw materials$3,889  $4,309  
Work-in-process2,947  2,710  
Finished goods1,121  461  
Total inventories7,957  7,480  
Less reserve for excess and obsolete inventories(319) (383) 
Total inventories, net$7,638  $7,097  
Property and equipment consist of the following (in thousands):
June 30,
2020		December 31, 2019
Land$995  $995  
Buildings and leasehold improvements5,451  5,451  
Machinery and equipment57,097  57,417  
Total property and equipment63,543  63,863  
Less accumulated depreciation(44,333) (41,725) 
Total property and equipment, net$19,210  $22,138  
In April 2019, Digirad purchased three manufacturing facilities, including land, in Maine that manufacture modular buildings (two of which were purchased from KBS Builders, Inc., a wholly-owned subsidiary of ATRM (“KBS”)) for $5.2 million and leased those three properties to KBS. KBS subleased the manufacturing building located in Waterford, Maine to North Country Steel Inc., a Maine corporation with an initial 5 year term rental agreement, commenced on September 6, 2019. The rental agreement is structured with a monthly payment arrangement and is accounted for as operating lease. Refer to lease income discussed in Note 2, Revenue.