Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

The following is a summary of property and equipment at June 30, 2012 and December 31, 2011:



	June 30, 2012			December 31, 2011
Automobiles and trucks	$	1,672		$	1,541
Building and improvements	21,798			13,520
Construction equipment	133,054			132,317
Dredges and dredging equipment	98,026			96,278
Office equipment	3,952			3,882
	258,502			247,538
Less: accumulated depreciation	(129,239		)	(119,440		)
Net book value of depreciable assets	129,263			128,098
Construction in progress	9,890			8,655
Land	14,793			9,354
	$	153,946		$	146,107

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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