Property, Plant And Equipment, Net

12 Months Ended

Dec. 31, 2011

Property, Plant And Equipment, Net [Abstract]

5. PROPERTY, PLANT AND EQUIPMENT, NET

As of December 31, property, plant and equipment consisted of the following:


	2011			2010
Cameroon, Africa:
Machinery and equipment	$	3,149		$	3,149
Vehicles		1,012			989
Buildings		412			412
Furniture and equipment		526			529
Equipment in transit		14			66

		5,113			5,145
Less accumulated depreciation		(2,287	)		(1,729	)

		2,826			3,416


United States:
Machinery and equipment	$	115		$	8
Furniture and equipment		536			618
Other		143			143

		794			769
Less accumulated depreciation		(518	)		(355	)

		276			414

	$	3,102		$	3,830

During the year ended December 31, 2011, GeoCam rented idle equipment to a third party and recorded $532 as other income in our consolidated statements of operations as a result of this transaction.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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