Property and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment, Net

Property and Equipment, Net

9. Property and Equipment, Net

Property and equipment, net consists of the following:

	December 31,		December 31,
	2023		2022
Railroad and equipment	$	33,627	$	33,627
Furniture and fixtures		50,311		28,659
Machinery and equipment		46,783		31,159
Office equipment		7,692		5,518
Autos, trucks and aircraft		7,108		7,033
		145,521		105,996
Less: Accumulated depreciation		80,423		67,133
		65,098		38,863
Construction in progress		951		775
Total property and equipment, net	$	66,049	$	39,638

Depreciation expense on property and equipment was $15.7 million, $8.5 million and $6.1 million in 2023, 2022 and 2021, respectively.