Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, plant and equipment consist of:



	December 31, 2012			December 31, 2011
Land and improvements	$	1,418		$	1,418
Buildings	14,945			14,410
Machinery and equipment	142,826			134,168
Leasehold improvements	3,868			3,038
	163,057			153,034
Less accumulated depreciation and amortization	(105,904		)	(96,478		)
	$	57,153		$	56,556

Depreciation and amortization expense for the years ended December 31, 2012, 2011 and 2010 was $10,608, $10,607 and $10,790, respectively. Future machinery and equipment purchase commitments at Liggett were $1,995 and $3,042 at December 31, 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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