XML 22 R13.htm IDEA: XBRL DOCUMENT v3.3.1.900
6. PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment consisted of the following (in thousands):

 

   December 31, 
   2015   2014 
Facilities and plant equipment  $501,800   $190,714 
Land   7,541    2,570 
Other equipment, vehicles and furniture   9,084    7,641 
Construction in progress   23,579    8,720 
    542,004    209,645 
Accumulated depreciation   (77,044)   (54,343)
   $464,960   $155,302 

 

Depreciation expense, including idled facilities, was $23,524,000, $12,712,000 and $11,662,000 for the years ended December 31, 2015, 2014 and 2013, respectively. One of the Pacific Ethanol West Plants was idled for four months in 2014 and for all of 2013. Depreciation on the Company’s idled assets was an aggregate of $699,000 and $2,108,000 for the years ended December 31, 2014 and 2013, respectively.

 

Included in plant and equipment is $9,971,000 and $3,467,000 at December 31, 2015 and 2014, respectively, attributable to capital leases. Depreciation expense related to these capital leases was $340,000, $231,000 and none for the years ended December 31, 2015, 2014 and 2013, respectively. For the year ended December 31, 2015, the Company recorded an impairment charge of $1,970,000 related to the abandonment of certain accounting and information technology systems following its integration of Aventine.