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Note 3 - Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
PROPERTY, PLANT AND EQUIPMENT

NOTE 3—PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

    

June 30, 2020

    

December 31, 2019

 

Plant and equipment

 

$

154,337

 

$

142,773

 

Construction in process

 

 

6,650

 

 

11,986

 

Capitalized mine development cost

 

 

67,831

 

 

58,773

 

Less: accumulated depreciation and amortization

 

 

(45,673)

 

 

(35,330)

 

Total property, plant and equipment, net

 

$

183,145

 

$

178,202

 

 

Capitalized amounts related to coal reserves at properties where we are not currently engaged in mining operations totaled $14.8  million as of June 30, 2020 and $12.7 million as of December 31, 2019.

 

Depreciation and amortization included:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30, 

 

Six months ended June 30, 

(In thousands)

    

2020

    

2019

    

2020

    

2019

Depreciation of plant and equipment

 

$

4,240

 

$

3,416

 

$

8,415

 

$

6,436

Amortization of capitalized

 

 

 

 

 

 

 

 

 

 

 

 

mine development costs

 

 

1,101

 

 

1,406

 

 

1,928

 

 

2,502

Total depreciation and amortization

 

$

5,341

 

$

4,822

 

$

10,343

 

$

8,938