Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.20.2
Property, Plant and Equipment
6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
12. Property, Plant and Equipment:
A summary of property, plant and equipment, at cost, and related accumulated depreciation is as follows:
June 30,
2020
December 31,
2019
Land
$ 175,532    $ 183,117   
Buildings
223,416    221,449   
Machinery and equipment
1,241,387    1,236,531   
Construction in progress
81,749    82,687   
1,722,084    1,723,784   
Less: accumulated depreciation
(589,419)   (537,014)  
$ 1,132,665    $ 1,186,770   
Depreciation expense was $33,243 and $32,381 for the three months ended June 30, 2020 and 2019, respectively. Depreciation expense was $66,744 and $65,535 for the six months ended June 30, 2020 and 2019, respectively.