3. PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

12 Months Ended

Mar. 31, 2016

Dec. 31, 2015

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.

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

	2015			2014
Land	$	1,690,000		$	-
Building & Improvements		692,156			-
Furniture & Office Equipment		258,702			240,102
Containers		4,453,386			2,847,205
Truck, Machinery & Equipment		9,948,686			5,523,773
Total Cost		17,042,930			8,611,080
Less accumulated depreciation		(2,609,190	)		(956,315	)
Net property, plant and Equipment	$	14,433,740		$	7,654,765

As of December 31, 2015 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 year ending December 31, 2015. Depreciation expense for the years ended December 31, 2015 and 2014 was $1,683,000 and $965,000, respectively.

During 2015 and 2014, the Company assessed these long-term assets, based on estimated future cash flows and concluded that the carrying amount of its long-term assets did not exceed its fair value, therefore the Company did not record any impairment loss on these assets.