Quarterly report pursuant to Section 13 or 15(d)

Medical Equipment and Property

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Medical Equipment and Property
6 Months Ended
Jun. 30, 2017
Text Block [Abstract]  
Medical Equipment and Property
2. Medical Equipment and Property

Medical equipment consisted of the following as of June 30, 2017 and December 31, 2016 (in thousands):

 

     June 30,
2017
     December 31,
2016
 

Medical Equipment held for sale or rental

   $ 1,289      $ 1,642  

Medical Equipment in rental service

     58,669        59,034  

Medical Equipment in rental service - pump reserve

     (486      (551

Accumulated depreciation

     (32,468      (30,447
  

 

 

    

 

 

 

Medical Equipment in rental service - net

     25,715        28,036  
  

 

 

    

 

 

 

Total

   $ 27,004      $ 29,678  
  

 

 

    

 

 

 

Depreciation expense for medical equipment for the three and six months ended June 30, 2017 was $1.6 million and $3.2 million, respectively, compared to $1.6 million and $3.1 million for the same prior year periods, which was recorded in cost of revenues – pump depreciation and disposals, for each period.