Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
5. PROPERTY AND EQUIPMENT.

 

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

 

    December 31,  
    2021     2020  
Facilities and plant equipment   $ 364,039     $ 357,740  
Land     4,072       4,837  
Other equipment, vehicles and furniture     7,656       7,858  
Construction in progress     22,505       11,828  
      398,272       382,263  
Accumulated depreciation     (175,722 )     (152,777 )
    $ 222,550     $ 229,486  

 

Depreciation expense was $23,292,000, $30,268,000 and $47,909,000 for the years ended December 31, 2021, 2020 and 2019, respectively.

 

The Company capitalized interest of $628,000, $224,000 and $563,000 for the years ended December 31, 2021, 2020 and 2019, respectively, related to its capital investment activities.