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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 3. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment are comprised of the following:

 

   

March 31,

2017 

   

December 31,

2016 

 
Land   $ 880,416     $ 880,416  
Buildings     4,847,778       4,847,778  
Leasehold improvements     717,232       717,232  
Machinery and equipment     5,192,864       5,060,281  
Machinery under capital lease     2,322,340       2,322,340  
Furniture and fixtures     507,554       507,554  
Transportation assets     882,163       882,163  
      15,350,347       15,217,764  
Accumulated depreciation     (6,474,746 )     (6,149,405 )
    $ 8,875,601     $ 9,068,359  

 

Depreciation expense related to property, plant and equipment for the three months ended March 31, 2017 and 2016 was $326,356 and $622,757, respectively.