Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT.

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PROPERTY AND EQUIPMENT.
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
5. PROPERTY AND EQUIPMENT.

 

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

 

    December 31,  
    2019     2018  
Facilities and plant equipment   $ 495,513     $ 621,909  
Land     7,219       8,970  
Other equipment, vehicles and furniture     11,229       11,812  
Construction in progress     15,793       30,312  
      529,754       673,003  
Accumulated depreciation     (197,228 )     (190,346 )
    $ 332,526     $ 482,657  

 

Depreciation expense was $40,931,000 and $40,849,000 for the years ended December 31, 2019 and 2018, respectively.

 

For the year ended December 31, 2019 and 2018, the Company capitalized interest of $563,000 and $1,170,000, respectively, related to its capital investment activities.