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PROPERTY, PLANT, AND EQUIPMENT
12 Months Ended
Dec. 31, 2013
PROPERTY, PLANT, AND EQUIPMENT  
PROPERTY, PLANT, AND EQUIPMENT

4.

PROPERTY, PLANT, AND EQUIPMENT

 

Property, plant, and equipment consist of the following:

 

 

 

December 31,

 

 

 

2013

 

2012

 

 

 

 

 

 

 

Land

 

$

261,893

 

$

261,893

 

Buildings and building improvements

 

11,389,181

 

11,354,210

 

Production equipment

 

15,602,709

 

15,612,807

 

Office furniture and equipment

 

3,114,451

 

2,821,179

 

Construction in progress

 

610,679

 

731,258

 

Automobiles

 

102,321

 

102,321

 

 

 

31,081,234

 

30,883,668

 

Accumulated depreciation

 

(20,171,062

)

(18,984,018

)

 

 

$

10,910,172

 

$

11,899,650

 

 

Depreciation expense for the years ended December 31, 2013, 2012, and 2011 was $1,272,770; $1,264,326; and $1,267,813, respectively.