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Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant, and Equipment

Property, Plant, and Equipment

(7)       Property, Plant, and Equipment

Property, plant, and equipment consist of the following:

		December 31
		2011			2010
Land and improvements		$	839,906		$	944,906
Buildings and improvements		6,959,641			7,499,855
Leasehold improvements		3,071,096			2,884,463
Equipment		32,612,522			31,695,304
Furniture and fixtures		2,540,055			2,153,943
Construction in progress—equipment/buildings		1,612,687			278,804
		$	47,635,907		$	45,457,275

Depreciation and amortization expense for the years ended December 31, 2011, 2010, and 2009, was $2,585,672, $2,928,285, and $2,737,958, respectively.

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- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References

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