Property and Equipment

9 Months Ended

Sep. 30, 2015

Property, Plant and Equipment [Abstract]

Property and equipment is recorded at cost. Depreciation is recorded over the estimated useful life of each class of depreciable assets, and is computed using the straight-line method. Leasehold improvements are amortized over the shorter of the estimated asset life or term of the lease. Repairs and maintenance costs are charged to expense as incurred.

The following table sets forth the amounts of property and equipment by each class of depreciable assets as of September 30, 2015 and December 31, 2014:



	September 30, 2015		December 31, 2014
Laundry and linen equipment installations	$	1,088,000	$	2,578,000
Housekeeping and office equipment and furniture	28,918,000		33,546,000
Autos and trucks	138,000		232,000
Total property and equipment, at cost	30,144,000		36,356,000
Less accumulated depreciation	16,893,000		23,584,000
Total property and equipment, net	$	13,251,000	$	12,772,000

Depreciation expense for the three months ended September 30, 2015 and 2014 was $1,036,000 and $898,000, respectively. Depreciation expense for the nine months ended September 30, 2015 and 2014 was $3,247,000 and $2,794,000, respectively.