PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Oct. 31, 2015

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

NOTE 8 — PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at October 31 and January 31, 2015:

	October 31,		January 31,
	2015		2015
Land and improvements	$	473,000	$	473,000
Building and improvements	3,691,000		2,800,000
Furniture, machinery and equipment	4,212,000		3,546,000
Trucks and other vehicles	1,571,000		1,437,000
Construction project costs of the variable interest entity	—		2,658,000
	9,947,000		10,914,000
Less-accumulated depreciation	4,770,000		4,396,000
Property, plant and equipment, net	$	5,177,000	$	6,518,000

Depreciation expense amounts were $186,000 and $140,000 for the three months ended October 31, 2015 and 2014, respectively, and were $444,000 and $423,000 for the nine months ended October 31, 2015 and 2014, respectively. The costs of maintenance and repairs totaled $174,000 and $99,000 for the three months ended October 31, 2015 and 2014, respectively, and $445,000 and $218,000 for the nine months ended October 31, 2015 and 2014, respectively.

The Company also uses equipment and occupies facilities under non-cancelable operating leases and other rental agreements. Rent included in the selling, general and administrative expenses was $84,000 and $48,000 for the three months ended October 31, 2015 and 2014, respectively, and was $182,000 and $146,000 for the nine months ended October 31, 2015 and 2014, respectively. Rent incurred on construction projects and included in the costs of revenues was $3,055,000 and $4,686,000 for the three months ended October 31, 2015 and 2014, respectively, and was $11,462,000 and $9,247,000 for the nine months ended October 31, 2015 and 2014, respectively.