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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2013
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 8 PROPERTY AND EQUIPMENT

        As of December 31, 2013 and 2012, property and equipment consisted of the following:

 
   2013   2012  
 
   (in thousands)
  

Trucks and trailers

   $ 1,041   $ 1,417  

Office furniture and equipment

     1,163     1,163  

Drill rigs

     998     1,869  

Building

     1,469     1,469  

Land

     8,672     8,669  

Mining equipment

     1,206     1,026  

Construction in process

     3,894     —  

Inactive milling equipment

     —     101  
           
​ ​ ​ ​ ​ ​ ​ ​

Subtotal

   $ 18,443   $ 15,714  

Less: accumulated depreciation

     (3,300 )   (2,947 )
           
​ ​ ​ ​ ​ ​ ​ ​

Total

   $ 15,143   $ 12,767  
           
​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​
           

        The increase in property and equipment from December 31, 2012 to December 31, 2013 was mainly in relation to construction-in-process assets, which include advances the Company made to two suppliers for long-lead items for its El Gallo 2 project. These additions were partly offset by the sale of certain drill rigs in Argentina, and a number of vehicles in Nevada and Argentina.

        Depreciation expense for 2013 was $0.9 million (2012—$1.0 million, 2011—$0.6 million).