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PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

7.	PROPERTY AND EQUIPMENT

	Property and equipment at cost consisted of:

		2014			2013
Transportation equipment	$	56,130		$	56,334
Furniture and office equipment		54,816			49,677
Production equipment, buildings and improvements		399,370			400,817
Subtotal		510,316			506,828
Less: impairment provision		(50,475	)		(50,658	)
accumulated depreciation		(298,377	)		(276,496	)
		161,464			179,674
Construction in progress		197,067			197,781
		358,531			377,455

Depreciation expense for the years ended December 31, 2014 and 2013 was $21,881 and $42,893, respectively. Impairment for the year ended December 31, 2014 and 2013 was $0 and $21,862,

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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