Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.10.0.1
Property, Plant and Equipment
 9 Months Ended
Sep. 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:
 
 
September 30,
2018
 
December 31,
2017
Land
 
$
191,883

 
$
191,006

Buildings
 
210,314

 
200,054

Machinery and equipment
 
1,082,219

 
1,005,025

Construction in progress
 
114,042

 
145,414

 
 
1,598,458

 
1,541,499

Less: accumulated depreciation
 
(393,557
)
 
(311,115
)
 
 
$
1,204,901

 
$
1,230,384

 
 
 
 
 

Depreciation expense was $30,626 and $31,957 for the three months ended September 30, 2018 and 2017, respectively. Depreciation expense was $99,491 and $89,987 for the nine months ended September 30, 2018 and 2017, respectively.