Property, Plant & Equipment

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following at June 30, 2015 and December 31, 2014:



	June 30, 2015			December 31, 2014
Property, plant and equipment	$	134,353,000		$	119,933,000
Accumulated depreciation	(60,829,000		)	(57,938,000		)
Property, plant and equipment — net	$	73,524,000		$	61,995,000

Property, plant, and equipment are recorded at cost, unless obtained through acquisition, then assets are recorded at estimated fair market value at the date of acquisition. Depreciation is provided on a straight-line method over the estimated useful lives of the assets. The carrying amount of long-lived assets is evaluated annually to determine if an adjustment to the depreciation period or to the unamortized balance is warranted. Additions in progress were $1,909,000 and $979,000 at June 30, 2015 and December 31, 2014, respectively. The Company capitalized $2,000 and $45,000 of interest expense for the six months ended June 30, 2015 and 2014, respectively. At June 30, 2015 and December 31, 2014, purchase commitments for capital expenditures in progress were $1,412,000 and $1,682,000, respectively.