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

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

 

    March 31, 2016 (UNAUDITED)     December 31, 2015  
Land   $ 1,690,000     $ 1,690,000  
Buildings & Building Improvements     692,156       692,156  
Furniture & office equipment     288,726       258,702  
Containers     4,524,382       4,453,386  
Trucks, Machinery, & Equipment     12,209,606       9,948,686  
                 
Total cost     19,404,870       17,042,930  
                 
Less accumulated depreciation     (3,364,035 )     (2,609,190 )
                 
Net property and Equipment   $ 16,040,835     $ 14,433,740  

 

As of March 31, 2016, the Company has $395,000 of land and building which are held for sale and included in amounts noted above. These held for sale assets were not depreciated during the three months ended March 31, 2016. Depreciation expense for three months ended March 31, 2016 and 2015 was $780,919 and $394,403, respectively.