Property, plant and equipment

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

(5) Property, plant and equipment

Property, plant and equipment consisted of the following:

	March 31, 2014		December 31, 2014
Land and improvements	$	609	$	699
Buildings and improvements		6,446		6,351
Equipment		3,873		2,816
Construction in progress		0		10

		10,928		9,877
Less accumulated depreciation		2,153		1,686

	$	8,775	$	8,191

Depreciation expense was $629,183 for the three months ended March 31, 2015, which relates solely to property plant, and equipment depreciation. Depreciation expense was $561,541 for three months ended March 31, 2014, which includes $268,552 and $293,652 related to property, plant and equipment and cost of goods sold, respectively.

In addition to owned property, the Company also has $15.1 million in leased property due to the Sale Leaseback Agreement.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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