Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and equipment at December 31 consists of:



	(in thousands)
	2014			2013
Land	$	770		$	770
Land improvements	1,681			1,672
Buildings	4,727			4,727
Building improvements	27,062			25,571
Vehicles	282			273
Furniture, fixtures and equipment	3,540			3,357
Construction in Progress	85			256
	38,147			36,626
Less—Accumulated depreciation	(11,775		)	(10,471		)
	$	26,372		$	26,155

Depreciation expense was approximately $1.3 million, $1.4 million and $1.4 million for years ended December 31, 2014, 2013 and 2012, respectively.

The VGMs in the Company’s facility are owned by the NYSGC and, accordingly, the Company's consolidated financial statements include neither the cost nor the depreciation of those devices.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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