Basis of Presentation and Summary of Significant Accounting Policies (Tables)
|12 Months Ended|
Dec. 31, 2020
|Accounting Policies [Abstract]|
|Schedule of Estimated Ranges of Useful Lives of Property and Equipment||
Property, equipment and leasehold improvements are stated at cost less accumulated depreciation and amortization and depreciated using the straight-line method over their estimated useful lives as follows:
Property and equipment, net consisted of the following (in thousands):
(1) Fully depreciated property and equipment with a cost of $1.8 million and $1.0 million were retired during the years ended December 31, 2020 and 2019, respectively.
(2) Construction in progress includes equipment received but not yet placed into service pending installation.
Depreciation expense included in the consolidated statements of operations as follows (in thousands):
Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef