Property, Plant, and Equipment
|9 Months Ended|
Sep. 30, 2016
|Property Plant And Equipment [Abstract]|
|Property, Plant, and Equipment||
NOTE 5—PROPERTY, PLANT, AND EQUIPMENT
Property, plant, and equipment, net is comprised of the following (in thousands):
Depreciation and amortization expense related to property, plant, and equipment totaled $274,000 and $734,000 for the three and nine months ended September 30, 2016, respectively, and $251,000 and $540,000 for the three and nine months ended September 30, 2015, respectively.
The cost basis of assets held under capital lease was $378,000 and the accumulated depreciation related to assets held under capital lease was $189,000 as of September 30, 2016. For additional information on the capital lease, see Note 8 – Commitments and Contingencies.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef