Property and Equipment

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

4. Property and Equipment

The following is a summary of the components of property and equipment as of (in thousands):

	September 30,		December 31,
	2014		2013
Land	$	244	$	244
Buildings		1,352		1,352
Machinery and equipment		1,039		407
Office furniture and equipment		262		240
Vehicles		39		39
Computer equipment		86		86
Construction in progress		88		386
Less: Accumulated depreciation		(1,013)		(887)
	$	2,097	$	1,867

Depreciation expense amounted to approximately $126,204 and $136,000 for the nine months ended September 30, 2014 and 2013, respectively and is included in the cost of revenues line item on the statement of operations.

- 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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