Property, Plant and Equipment

3 Months Ended

Mar. 31, 2018

Property, Plant and Equipment [Abstract]

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



	March 31, 2018			December 31, 2017
				(Audited)
Land	$	257		$	257
Building and improvements	17,470			8,613
Machinery and equipment	9,524			9,142
Computer hardware and software	3,936			3,244
Furniture and fixtures	543			449
Construction in progress	53,676			55,017
	85,406			76,722
Less accumulated depreciation and amortization	(8,698		)	(8,367		)
Property, plant and equipment, net	$	76,708		$	68,355

The Company recorded depreciation expense of $0.6 million and $0.4 million for the three months ended March 31, 2018 and March 31, 2017, respectively. During the three months ended March 31, 2018 and March 31, 2017, there was $1.3 million of interest and $0.5 million of interest, respectively, capitalized into construction in progress. This increase in capitalized interest is related to outstanding costs for the Company's facility expansion project in Buena. During the three months ended March 31, 2018 and March 31, 2017, there was $0.4 million of payroll costs and $0.1 million of payroll costs, respectively, capitalized into construction in progress.