Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2012

Property, Plant and Equipment [Abstract]

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



	September 30, 2012			December 31, 2011
Automobiles and trucks	$	1,591		$	1,541
Building and improvements	21,798			13,520
Construction equipment	135,703			132,317
Dredges and dredging equipment	98,379			96,278
Office equipment	4,068			3,882
	261,539			247,538
Less: accumulated depreciation	(134,358		)	(119,440		)
Net book value of depreciable assets	127,181			128,098
Construction in progress	10,246			8,655
Land	14,793			9,354
	$	152,220		$	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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