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Property and Equipment (Tables)
9 Months Ended
Sep. 30, 2016
Property and Equipment, Net and Depreciation Expense Related to Property and Equipment

Property and equipment — net consist of the following (dollar amounts in thousands):

 

     Estimated
Useful Life
(Years)
     September 30,
2016
     December 31,
2015
 

Land

     —         $ 3,435       $ 3,435   

Buildings

     39-40         21,590         21,590   

Building improvements

     5-40         60,584         60,584   

Machinery and equipment

     3-15         67,996         68,434   

Furniture, fixtures and office equipment

     5-10         4,114         4,114   

Computer equipment and software

     3         9,519         9,519   

Construction in progress

     —           203         586   
     

 

 

    

 

 

 
        167,441         168,262   

Less accumulated depreciation

        (120,616      (119,513
     

 

 

    

 

 

 

Total property and equipment — net

      $ 46,825       $ 48,749   
     

 

 

    

 

 

 

 

Depreciation expense related to property and equipment for the three and nine months ended September 30, 2016 and 2015 was as follows (in thousands):

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
     2016      2015      2016      2015  

Depreciation expense

   $ 597       $ 3,165       $ 1,775       $ 8,282