Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.2
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
11. Property, Plant and Equipment:
A summary of property, plant and equipment, at cost, and related accumulated depreciation is as follows:
 
 
June 30,
2019
 
December 31,
2018
Land
 
$
191,408

 
$
190,772

Buildings
 
221,823

 
212,284

Machinery and equipment
 
1,167,604

 
1,125,117

Construction in progress
 
92,605

 
102,185

 
 
1,673,440

 
1,630,358

Less: accumulated depreciation
 
(480,262
)
 
(421,379
)
 
 
$
1,193,178

 
$
1,208,979

 
 
 
 
 

Depreciation expense was $32,381 and $33,962 for the three months ended June 30, 2019 and 2018, respectively. Depreciation expense was $65,535 and $68,865 for the six months ended June 30, 2019 and 2018, respectively.