Quarterly report pursuant to Section 13 or 15(d)

Medical Equipment and Property

v3.4.0.3
Medical Equipment and Property
3 Months Ended
Mar. 31, 2016
Text Block [Abstract]  
Medical Equipment and Property
3. Medical Equipment and Property

Medical equipment consisted of the following as of March 31, 2016 and December 31, 2015 (in thousands):

 

     March 31,
2016
     December 31,
2015
 

Medical Equipment held for sale or rental

   $ 2,426       $ 2,277   

Medical Equipment in rental service

     56,785         53,681   

Medical Equipment in rental service - pump reserve

     (291      (232

Accumulated depreciation

     (26,695      (25,612
  

 

 

    

 

 

 

Medical Equipment in rental service - net

     29,799         27,837   
  

 

 

    

 

 

 

Total

   $ 32,225       $ 30,114   
  

 

 

    

 

 

 

Depreciation expense for medical equipment for the three months ended March 31, 2016 was $1.5 million, compared to $1.0 million for the same prior year period, which was recorded in cost of revenues – pump depreciation and disposals, for each period.

Depreciation expense for property and equipment for the three months ended March 31, 2016 and 2015 was $0.1 million. This expense was recorded in general and administrative expenses.