v3.25.1
Property and Equipment (Q1)
3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Property, Plant and Equipment [Abstract]    
Property and Equipment
NOTE 4. PROPERTY AND EQUIPMENT

The following table sets forth the Company's property and equipment:

(Amounts in 000’s)
Estimated
Useful
Lives (Years)
March 31,
2025
December 31,
2024
Buildings and improvements
5-40
$50,513
$50,520
Equipment and computer related
2-10
671
701
Land
2,331
2,331
Property and equipment
 
53,515
53,552
Less: accumulated depreciation
 
(20,387)
(20,063)
Property and equipment, net
 
$33,128
$33,489
F-49

TABLE OF CONTENTS


The following table summarizes total depreciation and amortization expense three months ended March 31, 2025 and 2024:

 
Three Months Ended March 31,
(Amounts in 000’s)
2025
2024
Depreciation
$310
$403
Amortization
92
108
Total depreciation and amortization expense
$402
$511
NOTE 4. PROPERTY AND EQUIPMENT

The following table sets forth the Company’s property and equipment:

(Amounts in 000's)
Lives (Years)
December 31,
2024
December 31,
2023
Buildings and improvements
5 - 40
$50,520
$50,291
Equipment and computer related
2 - 10
701
748
Land(1)
2,331
2,331
 
 
53,552
53,370
Less: accumulated depreciation and amortization
 
(20,063)
(18,626)
Property and equipment, net
 
$33,489
$34,744

During the years ended December 31, 2024 and December 31, 2023 , the Company recorded no impairments in property and equipment.

The following table summarizes total depreciation and amortization for the years ended December 31, 2024 and 2023:

 
Year Ended December 31,
Amounts in (000's)
2024
2023
Depreciation
$1,630
$1,817
Amortization
432
438
Total depreciation and amortization
$2,062
$2,255