PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

NOTE 4: PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment are presented at cost, net of accumulated depreciation, and consist of the following:


December 31,	Estimated Useful Lives		2013			2012
(in thousands)
Land		N/A	$	657		$	657
Buildings		7-40		17,113			17,096
Operating equipment and property		3-15		9,768			9,913
Furniture and fixtures		5-7		1,915			1,842
Vehicles		5-10		6,422			6,207
Gross property, plant and equipment				35,875			35,715
Less: accumulated depreciation				(24,610	)		(24,245	)
Net property, plant and equipment			$	11,265		$	11,470

Depreciation expense was $726,000 in 2013, $768,000 in 2012 and $889,000 in 2011.

- 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.

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