Annual report pursuant to Section 13 and 15(d)

Property and Equipment, net

v3.19.1
Property and Equipment, net
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Note 5 - Property and Equipment, net
 
Property and equipment, net consist of the following (in thousands):
 
 
 
December 31,
 
 
 
2018
 
 
2017
 
Furniture, fixtures and equipment
 
$
10,425
  
 
$
10,073
 
Leasehold improvements
 
 
43,890
  
 
 
41,261
 
Less: accumulated depreciation and amortization
 
 
(16,969
)
 
 
(18,832
)
Subtotal
 
 
37,346
  
 
 
32,502
 
Construction in progress
 
 
336
  
 
 
3,828
 
Restaurant supplies
 
 
1,665
  
 
 
1,481
 
Total
 
$
39,347
  
 
$
37,811
 
 
Depreciation and amortization related to property and equipment amounted to $2.8 million and $3.1 million for the years ended December 31, 2018 and 2017, respectively. The Company does not depreciate construction in progress, assets not yet put into service or restaurant supplies. As of December 31, 2017, furniture, fixtures and equipment included $1.4 million of assets not yet put into service or classified as held for sale.
 
For the year ended December 31, 2018, the Company did not identify any event or changes in circumstances that indicated that the carrying values of its restaurant assets were impaired. For the year ended December 31, 2017, the Company recorded impairments, net of related liabilities, of $0.6 million.