Furniture, Equipment and Leasehold Improvements, Net
|6 Months Ended|
Jun. 30, 2020
|Property Plant And Equipment [Abstract]|
|Furniture, Equipment and Leasehold Improvements, Net||
6. FURNITURE, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET
The following is a summary of furniture, equipment and leasehold improvements, net as of June 30, 2020 and December 31, 2019:
Depreciation expense for the three months ended June 30, 2020 and 2019 was $287 and $385, respectively. Depreciation expense for the six months ended June 30, 2020 and 2019 was $559 and $548, respectively.
During the three and six months ended June 30, 2020 and 2019, the Company wrote off leased assets of $131 and $310, with accumulated depreciation of $102 and $310, respectively.
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.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef