PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

5. PROPERTY AND EQUIPMENT, NET

Property and equipment is summarized as follows at December 31, 2016 and 2015:

(in thousands) 

	2016		2015
Land	$	1,170	$	1,244
Buildings and improvements		8,069		8,868
Equipment		5,012		4,964
		14,251		15,076
Less accumulated depreciation		(3,299)		(3,126)
	$	10,952	$	11,950

Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $0.9 million, $0.9 million, and $0.8 million, respectively.

During 2015, the Company opened a new facility in the United Kingdom, acquired assets in Toronto, Canada and started up our Orbital Gas Systems, North America, Inc. business, which increased total property and equipment. During the year ended December 31, 2016, the Company disposed of $0.9 million of property and equipment with an accumulated depreciation at disposal of $0.8 million. During the year ended December 31, 2015, the Company disposed of $0.6 million of property and equipment with an accumulated depreciation at disposal of $0.6 million.