Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.19.3
Property, Plant and Equipment
 9 Months Ended
Sep. 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:
 
 
September 30,
2019
 
December 31,
2018
Land
 
$
189,234

 
$
190,772

Buildings
 
219,380

 
212,284

Machinery and equipment
 
1,162,273

 
1,125,117

Construction in progress
 
111,984

 
102,185

 
 
1,682,871

 
1,630,358

Less: accumulated depreciation
 
(504,392
)
 
(421,379
)
 
 
$
1,178,479

 
$
1,208,979

 
 
 
 
 

Depreciation expense was $31,554 and $30,626 for the three months ended September 30, 2019 and 2018, respectively. Depreciation expense was $97,088 and $99,491 for the nine months ended September 30, 2019 and 2018, respectively.