Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.20.2
Property, Plant and Equipment
9 Months Ended
Sep. 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:
September 30,
2020
December 31,
2019
Land
$ 177,308  $ 183,117 
Buildings
227,923  221,449 
Machinery and equipment
1,262,777  1,236,531 
Construction in progress
94,704  82,687 
1,762,712  1,723,784 
Less: accumulated depreciation
(626,955) (537,014)
$ 1,135,757  $ 1,186,770 
Depreciation expense was $33,236 and $31,554 for the three months ended September 30, 2020 and 2019, respectively. Depreciation expense was $99,981 and $97,088 for the nine months ended September 30, 2020 and 2019, respectively.