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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2013
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):

 

    2013     2012  
Land and buildings   $ 3,401     $ 227  
Machinery, equipment and fixtures     3,407       3,112  
Leasehold improvements     731       646  
                 
      7,539       3,985  
Accumulated depreciation and amortization     (3,064 )     (3,012 )
Total property, plant and equipment   $ 4,475     $ 973  

 

The net book value of assets held under capital leases at December 31, 2013 and 2012 totaled $318,000 and $411,000, respectively, after accounting for depreciation in the year of $117,000 and $112,000, respectively. The Company recorded depreciation expense associated with its property, plant and equipment of $0.3 million and $0.4 million for the years ended December 31, 2013 and 2012, respectively.