3. PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

3. PROPERTY, PLANT AND EQUIPMENT

The following is a summary of property, plant, and equipment—at cost, less accumulated depreciation:

	2015			2014
Land	$	1,690,000		$	-
Building & Improvements		692,156			-
Furniture & Office Equipment		258,702			240,102
Containers		4,453,386			2,847,205
Truck, Machinery & Equipment		9,948,686			5,523,773
Total Cost		17,042,930			8,611,080
Less accumulated depreciation		(2,609,190	)		(956,315	)
Net property, plant and Equipment	$	14,433,740		$	7,654,765

As of December 31, 2015 the Company has $395,000 of land and building which are held for sale and included in amounts noted above. These held for sale assets were not depreciated during the year ending December 31, 2015. Depreciation expense for the years ended December 31, 2015 and 2014 was $1,683,000 and $965,000, respectively.

During 2015 and 2014, the Company assessed these long-term assets, based on estimated future cash flows and concluded that the carrying amount of its long-term assets did not exceed its fair value, therefore the Company did not record any impairment loss on these assets.