Alto Ingredients, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

3. PROPERTY AND EQUIPMENT (Dec 2011 only)

3. PROPERTY AND EQUIPMENT (Dec 2011 only)

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following (in thousands):

	December 31,
	2011			2010
Facilities and plant equipment	$	168,036		$	166,229
Land		2,570			2,570
Other equipment, vehicles and furniture		4,918			4,635
Construction in progress		3,328			2,355
		178,852			175,789
Accumulated depreciation		(19,235	)		(6,813	)
	$	159,617		$	168,976

Depreciation expense, including idled facilities, was $11,724,000 and $8,536,000 for the years ended December 31, 2011 and 2010, respectively. One of the Pacific Ethanol Plants was idled at December 31, 2011 and 2010. The carrying values of this facility totaled $29,924,000 and $32,000,000 at December 31, 2011 and 2010, respectively. The Company continues to depreciate these assets, resulting in depreciation expense in the aggregate of $2,155,000 and $1,559,000 for the years ended December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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