Property, Plant And Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant And Equipment [Abstract]

7. Property, Plant and Equipment

Property, plant and equipment consists of (in thousands):



	December 31,
	2012		2011
Land and land improvements	$	—	$	27,036
Buildings		—		69,182
Leasehold improvements		1,913		16,696
Equipment		555		182,987
Furniture and fixtures		73		31,412
Construction in progress		—		25,828
		2,541		353,141
Accumulated depreciation and amortization		(2,499)		(149,419)
	$	42	$	203,722

Substantially all property, plant and equipment was purchased by MDA in connection with the Sale. Property, plant and equipment, net, of $203.6 million as of December 31, 2011 was related to discontinued operations.

Depreciation and amortization consists of (in thousands):


	Year Ended December 31,
	2012		2011		2010
Total depreciation and amortization	$	25,538	$	29,510	$	25,755
Depreciation and amortization included in income from discontinued operations		25,476		29,395		25,577
Depreciation and amortization included in income from continuing operations	$	62	$	115	$	178

Depreciation and amortization expense included in income from continuing operations for the years ended December 31, 2012, 2011 and 2010 represent amounts related to Loral’s corporate office.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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