Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.1
Property, Plant and Equipment
 3 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
10. Property, Plant and Equipment:
A summary of property, plant and equipment, at cost, and related accumulated depreciation is as follows:
 
 
March 31,
2019
 
December 31,
2018
Land
 
$
190,948

 
$
190,772

Buildings
 
213,810

 
212,284

Machinery and equipment
 
1,140,732

 
1,125,117

Construction in progress
 
105,830

 
102,185

 
 
1,651,320

 
1,630,358

Less: accumulated depreciation
 
(449,358
)
 
(421,379
)
 
 
$
1,201,962

 
$
1,208,979

 
 
 
 
 

Depreciation expense was $33,154 and $34,903 for the three months ended March 31, 2019 and 2018, respectively.