XML 31 R11.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

5. Property, Plant and Equipment

Property, plant and equipment consist of the following at:

(Dollars in thousands)	September 30, 2013			December 31, 2012

Leasehold improvements	$	33	$		954
Computers and related software		1,553			1,709
Machinery and equipment		976			1,390
Office furniture and fixtures		149			271
		2,711			4,324
Less: Accumulated depreciation		2,582			4,195
	$	129	$		129

Depreciation expense was $68 thousand and $129 thousand for the nine months ended September 30, 2013 and the year ended December 31, 2012, respectively. In conjunction with the suspension of MTI Micro operations in late 2011, sales of certain surplus equipment on hand were made during 2013 and 2012. This resulted in a net gain on sale of $13 thousand and $130 thousand for the nine months ended September 30, 2013 and 2012. As of September 30, 2013 and December 31, 2012, all $13 thousand and $143 thousand, respectively in sales proceeds have been received.

- 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.

+ References+ Details