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):
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.
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