Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, plant and equipment, at cost, consists of the following:



					Estimated
	December 31,				Useful Life
	2014		2013		In Years
Building and leasehold improvements	$	1,386	$	1,864	3 – 45
Furniture, fixtures and equipment	3,586		6,830		2 – 10
Software	2,443		3,424		1 – 7
	7,415		12,118
Less accumulated depreciation and amortization	4,361		9,165
Total	$	3,054	$	2,953

As of December 31, 2013, the Basking Ridge, NJ real estate was classified as assets held for sale. The Board authorized the sale of the real estate during the fourth quarter of 2013, and the Company received approval from Keltic Financial to sell the property. As a result, the land and building owned in Basking Ridge, NJ of $0.7 million are recorded as assets held for sale at December 31, 2013. During 2014 the Company reclassified $1.6 million to assets held for sale for the value of the assets sold to CRL as of December 31, 2013, which included inventory of $0.8 million and property, plant and equipment of $0.8 million.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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