Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2018
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,
2018
 
December 31,
2017
Land
 
$
192,017

 
$
191,006

Buildings
 
209,672

 
200,054

Machinery and equipment
 
1,063,438

 
1,005,025

Construction in progress
 
121,157

 
145,414

 
 
1,586,284

 
1,541,499

Less: accumulated depreciation
 
(369,282
)
 
(311,115
)
 
 
$
1,217,002

 
$
1,230,384

 
 
 
 
 

Depreciation expense was $33,962 and $29,841 for the three months ended June 30, 2018 and 2017, respectively. Depreciation expense was $68,865 and $58,030 for the six months ended June 30, 2018 and 2017, respectively.