PROPERTY, PLANT, AND EQUIPMENT

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment consist of the following as of:

(in thousands)	March 31, 2015		December 31, 2014
Land	$	87	$	87
Buildings		3,682		3,682
Machinery, furniture and equipment		5,071		4,822
Construction in progress		403		426
		9,243		9,017
Less: accumulated depreciation		(3,962)		(3,794)
Property, Plant and Equipment, net	$	5,281	$	5,223

Depreciation expense for the three month periods ended March 31, 2015 and 2014 totaled $0.2 million and $0.1 million, respectively. During the three month period ended March 31, 2015, there was $9 thousand of interest capitalized into construction in progress. In the three month period ended March 31, 2014, there was no interest capitalized into construction in progress.

- 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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