Annual report pursuant to Section 13 and 15(d)

Property And Equipment

v3.22.4
Property And Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

6. PROPERTY AND EQUIPMENT.

 

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

 

    December 31,  
    2022     2021  
Facilities and plant equipment   $ 386,932     $ 364,039  
Land     3,687       4,072  
Other equipment, vehicles and furniture     9,876       7,656  
Construction in progress     37,538       22,505  
      438,033       398,272  
Accumulated depreciation     (198,964 )     (175,722 )
    $ 239,069     $ 222,550  

 

Depreciation expense was $24,528,000, $23,292,000 and $30,268,000 for the years ended December 31, 2022, 2021 and 2020, respectively.

 

The Company capitalized interest of $720,000, $628,000 and $224,000 for the years ended December 31, 2022, 2021 and 2020, respectively, related to its capital investment activities.