Annual report pursuant to Section 13 and 15(d)

6. PROPERTY AND EQUIPMENT

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6. PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

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

 

    December 31,  
    2015     2014  
Facilities and plant equipment   $ 501,800     $ 190,714  
Land     7,541       2,570  
Other equipment, vehicles and furniture     9,084       7,641  
Construction in progress     23,579       8,720  
      542,004       209,645  
Accumulated depreciation     (77,044 )     (54,343 )
    $ 464,960     $ 155,302  

 

Depreciation expense, including idled facilities, was $23,524,000, $12,712,000 and $11,662,000 for the years ended December 31, 2015, 2014 and 2013, respectively. One of the Pacific Ethanol West Plants was idled for four months in 2014 and for all of 2013. Depreciation on the Company’s idled assets was an aggregate of $699,000 and $2,108,000 for the years ended December 31, 2014 and 2013, respectively.

 

Included in plant and equipment is $9,971,000 and $3,467,000 at December 31, 2015 and 2014, respectively, attributable to capital leases. Depreciation expense related to these capital leases was $340,000, $231,000 and none for the years ended December 31, 2015, 2014 and 2013, respectively. For the year ended December 31, 2015, the Company recorded an impairment charge of $1,970,000 related to the abandonment of certain accounting and information technology systems following its integration of Aventine.