Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment (Notes)

v3.8.0.1
Property, Plant and Equipment (Notes)
 9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, Plant and Equipment

Property, plant and equipment at September 30, 2017 and December 31, 2016 consisted of the following:
 
Estimated Useful
Life (in Years)
 
September 30, 2017
 
December 31, 2016
Energy systems
1 - 15 years
 
$
12,823,745

 
$
—

Machinery and equipment
5 - 7 years
 
1,127,264

 
1,009,893

Furniture and fixtures
5 years
 
103,971

 
141,874

Computer software
3 - 5 years
 
196,417

 
102,415

Leasehold improvements
*
 
440,519

 
437,341

 
 
 
14,691,916

 
1,691,523

Less - accumulated depreciation and amortization
 
 
(2,017,401
)
 
(1,174,380
)
 
 
 
12,674,515

 
517,143

Construction in progress
 
 
2,828,459

 
—

 
 
 
$
15,502,974

 
$
517,143

* Lesser of estimated useful life of asset or lease term
Depreciation and amortization expense on property and equipment for the three and nine months ended September 30, 2017 and 2016 was $425,911 and $751,960, and $42,084 and $125,255, respectively.