PROPERTY & EQUIPMENT
|12 Months Ended|
Dec. 31, 2020
|Property, Plant and Equipment [Abstract]|
|PROPERTY & EQUIPMENT||PROPERTY & EQUIPMENT
Property and equipment, net, as of December 31, 2020 and 2019 were as follows (in thousands):
* Tenant improvements are amortized over the lesser of the remaining term of the related lease or the estimated useful life of the tenant improvements.
Depreciation expense for the years ended December 31, 2020 and 2019 was $0.8 million and $0.7 million, respectively.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef