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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

NOTE 3 – PROPERTY, PLANT AND EQUIPMENT

 

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

 

  December 31, 2016  December 31, 2015 
Land $1,550,000  $1,690,000 
Buildings & Building Improvements  777,822   692,156 
Furniture & office equipment  406,419   258,702 
Containers  5,969,677   4,453,386 
Trucks, Machinery, & Equipment  14,190,871   9,948,686 
         
Total cost  22,894,789   17,042,930 
         
Less accumulated depreciation  (6,097,774)  (2,609,190)
         
Net, property plant and equipment $16,797,015  $14,433,740 

 

As of December 31, 2016, the Company has $395,000 of land and building which are held for sale and not included in amounts noted above. These held for sale assets were not depreciated during the year ended December 31, 2016. Depreciation expense for the years ended December 31, 2016 and 2015 was $3,529,621 and $1,224,871, respectively.