Leased Property
 12 Months Ended
Dec. 31, 2016
Leased Property  
Leased Property

6.  Leased Property

 

Leased property at December 31, 2016 and 2015 consists of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

 

2016

 

2015

 

Leased property

 

$
58,604

 

$
3,367

 

Less: accumulated depreciation

 

 
(4,544)

 

 
(1,700)

 

Leased property, net

 

$
54,060

 

$
1,667

 

 

 

Depreciation expense related to leased property was $2.9 million, $0.5 million, and $0.5 million the years ended December 31, 2016, 2015 and 2014, respectively.