Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

NOTE 5 — PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following as of December 31 (in thousands):

	2012			2011
Land and buildings	$	227		$	269
Machinery, equipment and fixtures		3,112			2,642
Leasehold improvements		646			618
		3,985			3,529
Accumulated depreciation and amortization		(3,012	)		(2,572	)
Total property, plant and equipment	$	973		$	957

The net book value of assets held under capital leases at December 31, 2012 and 2011 totaled $411,000 and $426,000 after accounting for accumulated depreciation of $162,000 and $46,000 respectively. The Company recorded depreciation expense associated with its property, plant and equipment of $0.4 million and $0.3 million for the years ended December 31, 2012 and 2011, respectively.