FIXED ASSETS, NET

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

FIXED ASSETS, NET

Fixed assets consist of the following:



	Useful Life (in years)	December 31, 2013			December 31, 2012
Equipment	7-20	$	7,372,306		$	4,423,133
Furniture and fixtures	7	110,926			83,887
Leasehold improvements	15	1,894,776			1,866,702
Office equipment	5	440,260			302,668
Vehicles	5	3,548,294			2,250,300
Construction in progress		1,064,784			1,030,845
Land		2,013,000			1,995,000
Total fixed assets		16,444,346			11,952,535
Less accumulated depreciation		(1,353,170		)	(335,167		)
Net fixed assets		$	15,091,176		$	11,617,368

Depreciation expense was $1,018,003 and $295,801 for the years ended December 31, 2013 and 2012, respectively.

Equipment under construction in progress is related to TCEP technology improvements.

- 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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