Property, Plant and Equipment

3 Months Ended

Mar. 31, 2019

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

4. Property, plant and equipment at March 31, 2019 and December 31, 2018 consists of the following:

	March 31, 2019			December 31, 2018
Land	$	2,548		$	2,548
Buildings and improvements		17,854			17,555
Machinery and equipment		109,033			109,064
Office furniture, fixtures and equipment		5,819			5,655
Automotive equipment		1,498			1,116
Construction in progress		4,764			2,513
Total		141,516			138,451
Less accumulated depreciation		(90,137	)		(89,199	)
Property, plant and equipment, net	$	51,379		$	49,252

The Company recognized depreciation expense related to property and equipment of $1,648 and $2,303 for the three months ended March 31, 2019 and 2018, respectively. During the three months ended March 31, 2019 and 2018, the Company eliminated from assets and accumulated depreciation $710 and $128, respectively, of fully depreciated assets.

Substantially all of the Company’s assets are pledged as collateral with its lender banks.