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Property, Plant and Equipment
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

 

The following is a summary of property, plant, and equipment—at cost, less accumulated depreciation:

 

    March 31,
2017
    December 31,
2016
 
Land   $ 3,294,000     $ 1,550,000  
Buildings & Building Improvements     1,492,072       777,822  
Furniture & office equipment     535,378       406,419  
Containers     9,544,706       5,969,677  
Trucks, Machinery, & Equipment     23,380,966       14,190,871  
                 
Total cost     38,247,122       22,894,789  
                 
Less accumulated depreciation     (7,466,518 )     (6,097,774 )
                 
Net property and Equipment   $ 30,780,604     $ 16,797,015  

 

As of March 31, 2017, the Company has $395,000 of land and building which are held for sale and included in amounts noted above. These amounts are included in our midwest segment. These held for sale assets were not depreciated during the three months ended March 31, 2017. Depreciation expense for the three months ended March 31, 2017 and 2016 was approximately $1,385,000 and $780,000, respectively.