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PROPERTY, PLANT AND EQUIPMENT
9 Months Ended
Sep. 30, 2024
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

9. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at September 30, 2024 and December 31, 2023:

    

As of September 30, 

    

As of December 31, 

2024

2023

Land

$

20,475

$

14,953

Buildings and leasehold improvements

 

13,237

 

13,419

Construction in Progress

17,855

11,576

Vehicles

 

1,556

 

1,571

Machinery and equipment

 

7,102

 

6,527

Furniture and fixtures

 

336

 

329

Total

 

60,561

 

48,375

Less accumulated depreciation

 

(11,297)

 

(10,495)

Total property, plant and equipment

$

49,264

$

37,880

Depreciation expense was $481 and $412 for the three months ended September 30, 2024 and 2023, respectively, and includes depreciation expense for leased mobile homes. Depreciation expense also includes $168 and $127 as a component of cost of product sales for the three months ended September 30, 2024 and 2023, respectively. Depreciation expense was $1,337 and 1,235 for the nine months ended September 30, 2024 and 2023, respectively, and includes depreciation expense for leased mobile homes. Depreciation expense also includes $494 and $377 as a component of cost of product sales for the nine months ended September 30, 2024 and 2023, respectively.