v2.4.0.8

Property, Plant and Equipment | 9 Months Ended
--- | ---
Sep. 30, 2014
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | Property, Plant and Equipment The components of property, plant and equipment are as follows:
(in thousands) | September 30, 2014 |  | December 31, 2013 |  | September 30, 2013
Land | $ | 22,415 |  |  | $ | 21,801 |  |  | $ | 23,348 |
Land improvements and leasehold improvements | 68,976 |  |  | 67,153 |  |  | 67,262 |
Buildings and storage facilities | 238,664 |  |  | 231,976 |  |  | 224,913 |
Machinery and equipment | 320,648 |  |  | 308,215 |  |  | 299,874 |
Software | 55,791 |  |  | 13,351 |  |  | 13,558 |
Construction in progress | 28,260 |  |  | 48,135 |  |  | 54,713 |
| 734,754 |  |  | 690,631 |  |  | 683,668 |
Less: accumulated depreciation and amortization | 332,954 |  |  | 303,173 |  |  | 303,294 |
| $ | 401,800 |  |  | $ | 387,458 |  |  | $ | 380,374 |
Depreciation expense on property, plant and equipment amounted to $31.6 million, $37.5 million and $27.9 million for the year-to-date periods ended September 30, 2014, December 31, 2013, and September 30, 2013, respectively. In December 2013, the Company recorded charges totaling $4.4 million for asset impairment, primarily due to the write down of asset values in Retail. The Company wrote down the value of these assets to the extent their carrying amounts exceeded fair value. The Company classified the significant assumptions used to determine the fair value of the impaired assets, which were not material, as Level 3 in the fair value hierarchy. Railcar assets leased to others The components of Railcar assets leased to others are as follows:
(in thousands) | September 30, 2014 |  | December 31, 2013 |  | September 30, 2013
Railcar assets leased to others | $ | 330,318 |  |  | $ | 317,750 |  |  | $ | 309,360 |
Less: accumulated depreciation | 84,469 |  |  | 77,129 |  |  | 76,336 |
| $ | 245,849 |  |  | $ | 240,621 |  |  | $ | 233,024 |
Depreciation expense on railcar assets leased to others amounted to $10.5 million, $14.7 million and $11.1 million for the year-to-date periods ended September 30, 2014, December 31, 2013 and September 30, 2013, respectively.

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2921-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13-14) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration