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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

9. Property, Plant and Equipment

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

 

                 
    June 30,
2012
    December 31,
2011
 

Land and land improvements

  $ 27,291     $ 27,036  

Buildings

    69,308       69,182  

Leasehold improvements

    18,603       16,696  

Equipment

    197,155       182,987  

Furniture and fixtures

    33,902       31,412  

Construction in progress

    29,173       25,828  
   

 

 

   

 

 

 
      375,432       353,141  

Accumulated depreciation and amortization

    (164,361     (149,419
   

 

 

   

 

 

 
      211,071       203,722  
   

 

 

   

 

 

 

Property, plant and equipment, net, classified as assets held for sale

    (211,008     —    
   

 

 

   

 

 

 

Property, plant and equipment, net, as reported

  $ 63     $ 203,722  
   

 

 

   

 

 

 

Depreciation and amortization consists of (in thousands):

 

                                 
    Three Months
Ended June 30,
    Six Months
Ended June 30,
 
    2012     2011     2012     2011  

Total depreciation and amortization

  $ 7,747     $ 7,125     $ 14,941     $ 14,028  

Depreciation and amortization included in income from discontinued operations

    (7,729     (7,090     (14,905     (13,950
   

 

 

   

 

 

   

 

 

   

 

 

 

Depreciation and amortization included in income from continuing operations

  $ 18     $ 35     $ 36     $ 78  
   

 

 

   

 

 

   

 

 

   

 

 

 

Property, plant and equipment, net, as reported as of June 30, 2012 and depreciation and amortization expense included in income from continuing operations for the three and six months ended June 30, 2012 and 2011, represent amounts related to Loral’s Corporate office.