Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.3.1.900
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, Plant and Equipment
Property, plant and equipment consist of the following: 
 
2015
 
2014
Land
$
1,819,736

 
$
1,742,213

Land improvements
852,976

 
714,398

Buildings
24,631,349

 
21,371,594

Machinery, fixtures and equipment
61,928,770

 
56,651,197

Machinery and equipment under capital lease
107,287

 
—

Construction-in-progress
7,158,098

 
5,494,166

 
96,498,216

 
85,973,568

Less accumulated depreciation
50,203,945

 
46,036,102

Property, plant and equipment, net
$
46,294,271

 
$
39,937,466

 
The Company recorded depreciation expense from continuing operations of $4,357,000, $3,725,000, and $3,074,000 for 2015, 2014 and 2013, respectively. Accumulated depreciation includes $5,400 at December 31, 2015 for assets acquired under capital leases. There were no capital leases for the prior year.