Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment at December 31, 2017 and 2016 consists of:

	12/31/2017			12/31/2016
	(in thousands)
Land	$	770		$	770
Land improvements	1,759			1,758
Buildings	4,727			4,727
Building improvements	29,874			28,088
Vehicles	355			307
Furniture, fixtures and equipment	5,196			4,278
Construction in Progress	77			919
	42,758			40,847
Less: Accumulated depreciation	(15,895		)	(14,432		)
	$	26,863		$	26,415

Depreciation expense was approximately $1.5 million, $1.3 million and $1.4 million for years ended December 31, 2017, 2016 and 2015, respectively.

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