CAPITALIZED INTEREST

12 Months Ended

Dec. 31, 2016

Capitalized Interest [Abstract]

CAPITALIZED INTEREST

15. CAPITALIZED INTEREST

The cost of constructing facilities, equipment and project assets includes interest costs incurred during the assets’ construction period. The components of interest expense and capitalized interest are as follows during the years ended December 31, 2016, 2015 and 2014.

(in thousands)	2016		2015		2014
Interest cost incurred	$	492	$	496	$	508
Interest cost capitalized - property and equipment		(25)		(55)		—
Interest expense, net	$	467	$	441	$	508