Quarterly report pursuant to Section 13 or 15(d)

Medical Equipment and Property

v3.5.0.2
Medical Equipment and Property
6 Months Ended
Jun. 30, 2016
Text Block [Abstract]  
Medical Equipment and Property
3. Medical Equipment and Property

Medical equipment consisted of the following as of June 30, 2016 and December 31, 2015 (in thousands):

 

     June 30,
2016
     December 31,
2015
 

Medical Equipment held for sale or rental

   $ 1,524       $ 2,277   

Medical Equipment in rental service

     58,268         53,681   

Medical Equipment in rental service - pump reserve

     (394      (232

Accumulated depreciation

     (28,069      (25,612
  

 

 

    

 

 

 

Medical Equipment in rental service - net

     29,805         27,837   
  

 

 

    

 

 

 

Total

   $ 31,329       $ 30,114   
  

 

 

    

 

 

 

Depreciation expense for medical equipment for the three and six months ended June 30, 2016 was $1.6 million and $3.1 million, respectively, compared to $1.1 million and $2.1 million for the same prior year periods, which was recorded in cost of revenues – pump depreciation and disposals, for each period.

Depreciation expense for property and equipment for the three and six months ended June 30, 2016 was $0.1 million and $0.3 million, respectively, compared to $0.1 million and $0.2 million for the same prior year periods. This expense was recorded in general and administrative expenses.