Property and Equipment

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment at June 30, 2016 and December 31, 2015 consisted of the following:

(in thousands, except for useful life data)	Useful life (years)	June 30, 2016			December 31, 2015
Land, buildings & improvements	7-20	$	1,769		$	517
Machinery & equipment	1-12	4,427			3,664
Furniture	1-12	553			145
Construction in progress		2,665			539
		9,414			4,865
Less: accumulated depreciation		(636		)	(259		)
		$	8,778		$	4,606

Depreciation expense for the three and six months ended June 30, 2016 (Successor) was $0.2 million and $0.4 million, respectively. Depreciation expense for the three and six months ended June 30, 2015 (Predecessor) was $0.2 million and $0.4 million, respectively. Depreciation expense is recorded in cost of sales, selling, general and administrative expense and research and development expense in the consolidated statements of loss.