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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2015
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

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
  2015     2014  
(in thousands)                
Land   N/A   $ 657     $ 657  
Buildings   7-40     17,586       17,237  
Operating equipment and property   3-15     10,843       9,981  
Furniture and fixtures   5-7     2,141       1,978  
Vehicles   5-10     6,697       4,217  
Gross property, plant and equipment         37,924       34,070  
Less: accumulated depreciation         (25,163 )     (24,180 )
Net property, plant and equipment       $ 12,761     $ 9,890  

 

Depreciation expense was $1,013,000 in 2015, $712,000 in 2014 and $726,000 in 2013.