Property, Plant and Equipment

9 Months Ended

Sep. 30, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

PROPERTY, PLANT, AND EQUIPMENT

Property, plant, and equipment as of September 30, 2018 and December 31, 2017 consisted of the following:

	September 30, 2018		December 31, 2017
Land	$	12,535	$	14,869
Improvements to land and leaseholds	17,482		17,415
Buildings	34,860		34,929
Machinery and equipment, including equipment under capitalized leases	120,671		120,806
Construction in progress	2,724		1,057
	188,272		189,076
Less accumulated depreciation and amortization, including accumulated amortization of capitalized leases	(100,378)		(92,980)
	$	87,894	$	96,096

Depreciation expense for the three months ended September 30, 2018 and 2017 was $2,803 and $3,178, respectively, and $8,685 and $9,705 for the nine months ended September 30, 2018 and 2017, respectively.

We review our property, plant, and equipment for recoverability whenever events or changes in circumstances indicate that carrying amounts may not be recoverable. We recognize an impairment loss if the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. There were no impairments of property, plant, and equipment during the nine months ended September 30, 2018 and 2017.

During the nine months ended September 30, 2018, the Company sold 54.5 acres of land in exchange for cash proceeds of $2,047, resulting in a loss of $269.