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PROPERTY
12 Months Ended
Dec. 31, 2013
PROPERTY [Abstract]  
PROPERTY
NOTE 7. PROPERTY

Property consists of the following (in thousands):

 
 
As of December 31,
 
 
 
 
2013
  
2012
 
Estimated Useful Lives
Land
 
$
382
  
$
403
 
 
Furniture and fixtures
  
553
   
358
 
5-10 years
Plant
  
14,582
   
14,362
 
25-30 years, or life of lease
Computer and software
  
1,437
   
1,407
 
3-5 years
Leasehold improvements
  
200
   
189
 
3-7 years or life of lease
Machinery and equipment
  
14,557
   
15,053
 
5-10 years
Construction in progress
  
7,517
   
9,118
 
 
Subtotal
  
39,228
   
40,890
 
 
Less accumulated depreciation
  
14,270
   
12,433
 
 
Property, net
 
$
24,958
  
$
28,457
 
 

Our Lake Charles, Louisiana facility was built at a cost of $3.8 million to process rice bran from a rice milling company adjacent to the facility.  The facility is built on leased land which is owned by the rice milling company.  The facility was idled in May 2009 due to lack of orders.  We recorded a $2.3 million impairment loss on the facility in 2009.  The facility is not classified as held for sale due to potential alternative uses and because we are not aggressively marketing the property.  We evaluated, and continue to evaluate, alternate uses of the facility.  Depreciation on the facility has continued after the facility was idled.  As of December 31, 2013, the net book value of the idled facility included in property, net, was $1.0 million.

We also own equipment purchased in 2009 for use in the Lake Charles, Louisiana facility.  In 2013 and 2012, we recorded impairments of $0.3 million and $1.1 million on the Lake Charles equipment and the net carrying amount of this equipment at December 31, 2013 is $0.4 million.