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Property, Plant and Equipment | 3 Months Ended
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Mar. 31, 2022
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | 6. Property, plant and equipment Major classifications of property, plant and equipment are summarized as follows:
| March 31, 2022 |  | December 31, 2021
Land | $ | 730,345 |  | $ | 725,799
Building and improvements |  | 15,712,641 |  |  | 15,580,385
Construction in process |  | 12,286,984 |  |  | 8,119,575
Equipment |  | 16,220,935 |  |  | 15,981,408
Office furniture and equipment |  | 242,102 |  |  | 240,939
Vehicles |  | 36,837 |  |  | 36,280
Total property and equipment | $ | 45,229,844 |  | $ | 40,684,386
Less accumulated depreciation and amortization |  | (7,401,679) |  |  | (6,869,267)
Property, plant and equipment, net | $ | 37,828,165 |  | $ | 33,815,119
Depreciation expense was $484 thousand and $416 thousand, for the three-month period ended March 31, 2022 and 2021, respectively. Included in construction in process is $2.1 million for construction related to the Rollo Bay farm site and improvements to the Fortune Bay hatchery, $819 thousand for construction related to the Indiana farm site, and $9.4 million related to design work and construction activities for the Ohio farm. An additional $19.4 million has been contractually committed for these farm sites, though if a contract were terminated, a portion of this total would be refundable based on the amount of work completed as of the date of the contract termination.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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