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3. PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 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:

 

   

June 30, 2016

    Decemeber 31, 2015  
      (UNAUDITED)       (UNAUDITED)  
Land   $ 1,590,000     $ 1,690,000  
Buildings & Building Improvements     397,156       692,156  
Furniture & office equipment     386,382       258,702  
Containers     5,803,043       4,453,386  
Trucks, Machinery, & Equipment     12,444,325       9,948,686  
                 
Total cost     20,620,906       17,042,930  
                 
Less accumulated depreciation     (4,195,963 )     (2,609,190 )
                 
Net property and Equipment   $ 16,424,943     $ 14,433,740  

 

As of June 30, 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 six months ended June 30, 2016. Depreciation expense for the six months ended June 30, 2016 and 2015 was $1,615,150 and $807,335, respectively.