PROPERTY, PLANT, AND EQUIPMENT

9 Months Ended

Sep. 30, 2016

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT, AND EQUIPMENT

6. PROPERTY, PLANT, AND EQUIPMENT

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

(in thousands)	September 30, 2016		December 31, 2015
Land	$	87	$	87
Buildings		3,682		3,682
Machinery, furniture, and equipment		7,430		5,623
Construction in progress		3,652		2,189
		14,851		11,581
Less: accumulated depreciation		(5,135)		(4,450)
Property, Plant, and Equipment, net	$	9,716	$	7,131

Depreciation expense was $0.2 million for each of the three month periods ended September 30, 2016 and 2015. Depreciation expense was $0.7 million and $0.5 million for the nine months ended September 30, 2016 and 2015. During the three months ended September 30, 2016 and 2015, there was $58 thousand and $11 thousand of interest capitalized into construction in progress, respectively. During the nine months ended September 30, 2016 and 2015, there was $0.2 million and $26 thousand of interest capitalized into construction in progress, respectively. Construction in progress consists of multiple projects, primarily related to new equipment to expand our manufacturing capability as our product lines continue to grow.