PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2019

NOTE 8. PROPERTY AND EQUIPMENT

The following table details the components of property and equipment (amounts in thousands).

	December 31
	2019		2018		Estimated Useful Lives
Land	$	730	$	585
Furniture and fixtures		476		430	5-10 years
Plant		9,667		8,613	20-40 years, or life of lease
Computer and software		1,317		1,295	3-5 years
Leasehold improvements		2,019		681	4-15 years, or life of lease
Machinery and equipment		16,864		13,528	5-15 years
Property and equipment, cost		31,073		25,132
Less accumulated depreciation		11,996		10,122
Property and equipment, net	$	19,077	$	15,010

Amounts payable for property and equipment included in accounts payable totaled $0.1 million at December 31, 2019, and $0.2 million at December 31, 2018. During 2019, we financed the purchase of $0.3 million of property with finance leases and equipment notes. Assets which had not yet been placed in service, included in property and equipment, totaled $1.5 million at December 31, 2019, and $2.2 million at December 31, 2018.