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Property, Plant, and Equipment
 3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, plant, and equipment
Property, Plant and Equipment

Property, plant and equipment consisted of the following:
(dollars in thousands)
March 31,
2017
 
December 31,
2016
Buildings
$
59,314

 
$
59,314

Machinery and equipment
49,278

 
49,079

Computer software
15,441

 
14,849

Computer equipment
4,729

 
4,599

Furniture and fixtures
1,774

 
1,772

Leasehold improvements
1,480

 
1,477

Land improvements
493

 
493

Land
395

 
401

Buildings improvements
192

 
189

Construction in progress
60,725

 
53,891

 
193,821

 
186,064

Accumulated depreciation and amortization
(26,018)

 
(23,832)

Total
$
167,803

 
$
162,232



Depreciation and amortization expense was approximately $2.4 million and $2.2 million for the three months ended March 31, 2017 and 2016, respectively.

In August of 2016, Heartland and the City of Joplin, Missouri, or Joplin, entered into agreements by which Joplin agreed to issue up to an aggregate principal amount of approximately $83.3 million of industrial revenue bonds to purchase the land on which the current Heartland facility resides and the land on which the expansion of the Heartland facility will reside, and the associated buildings, structures, and fixtures, including the additional manufacturing equipment which will be included in the expansion of the Heartland facility (collectively, the “Property”). Heartland agreed to purchase such industrial revenue bonds and which Property was then agreed to be leased back to Heartland. As Heartland will become the owner of the Property at the end of the lease term, the lease meets the requirements of a capital lease and the equipment and land are recorded as property, plant and equipment our balance sheet. The Company has the right and intends to set-off any obligation to make payments under the lease agreement with the amounts due under the industrial revenue bonds. As of March 31, 2017, Joplin had issued and Heartland had purchased approximately $10.8 million of industrial revenue bonds and Joplin had purchased from, and leased back to, Heartland the land for a corresponding amount.