XML 21 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 4. PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment are comprised of the following:

 

    March 31, 2018     December 31, 2017  
Land   $ 880,416     $ 880,416  
Buildings     4,847,778       4,847,778  
Building improvements     719,619       717,232  
Machinery and equipment     8,258,789       8,216,237  
Furniture and fixtures     510,181       507,557  
Transportation assets     811,378       811,378  
      16,028,161       15,980,598  
Accumulated depreciation     (7,449,359 )     (7,171,250 )
    $ 8,578,802     $ 8,809,348  

 

Depreciation expense related to property, plant and equipment for the three months ended March 31, 2018 and 2017 was $324,360 and $326,356, respectively.