Property, Plant and Equipment, net

12 Months Ended

Dec. 31, 2012

6.	Property, Plant and Equipment, net


	December 31,
	2012			2011
*Homebuilding:*
Office facilities and other	$	18,040		$	14,584
Model home furniture and fixtures		18,330			16,950
Manufacturing facilities		35,983			33,373
Property under capital leases		3,976			3,976

		76,329			68,883
Less: accumulated depreciation		(49,313	)		(45,640	)

	$	27,016		$	23,243

*Mortgage Banking:*
Office facilities and other	$	5,856		$	4,833
Less: accumulated depreciation		(3,391	)		(3,139	)

	$	2,465		$	1,694

Certain property, plant and equipment listed above is collateral for certain debt of NVR as more fully described in Note 7 herein.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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