Other Property And Equipment

12 Months Ended

Dec. 31, 2013

Other Property And Equipment [Abstract]

6. Other Property and Equipment

Other property and equipment consisted of the following as of December 31, 2013: (in thousands)


				Accumulated		Net Book
*Type*	*Depreciable Life*	Gross Cost		Depreciation		Value
Machinery and equipment	5-7 yrs	$	20	$	13	$	7
Vehicles	2-5 yrs		475		235		240
Other	5 yrs		63		63		-
Total		$	558	$	311	$	247

Other property and equipment consisted of the following as of December 31, 2012: (in thousands)


				Accumulated		Net Book
*Type*	*Depreciable Life*	Gross Cost		Depreciation		Value
Machinery and equipment	5-7 yrs	$	978	$	878	$	100
Vehicles	2-5 yrs		772		551		221
Other	5 yrs		63		63		-
Total		$	1,813	$	1,492	$	321

tThe Company uses the straight-line method of depreciation for other property and equipment. During each of the years ended December 31, 2013, 2012, and 2011, the Company recorded depreciation expense of $170,000, $258,000, and $229,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details