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PROPERTY, PLANT AND EQUIPMENT, NET (Tables)
 3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment [Table Text Block]

Property, plant and equipment, net consisted of the following (amounts in thousands):
 
March 31,
2020
 
December 31,
2019
Land and improvements
$
41,266

 
$
44,386

Buildings and improvements
253,949

 
265,281

Machinery and equipment
585,230

 
605,743

Tools, dies and molds
110,692

 
113,603

Construction-in-process
14,725

 
16,237

 
1,005,862

 
1,045,250

Less accumulated depreciation
(661,784
)
 
(670,452
)
 
$
344,078

 
$
374,798


 
Depreciation on property, plant and equipment for the three months ended March 31, 2020 and 2019, totaled $12.9 million and $13.8 million, respectively.

The Company recorded a $2.6 million asset impairment charge during the three months ended March 31, 2020 related to certain machinery and equipment located at Titan Tire Reclamation Corporation (TTRC) in Canada as a result of market declines which indicated the remaining book value of the equipment is more than the fair market value.