SUNation Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property, Plant And Equipment

Property, Plant And Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant And Equipment [Abstract]

Property, Plant And Equipment

NOTE 3 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment and the estimated useful lives are as follows:


			December 31
	Estimated useful life
	Estimated useful life		2011			2010

Land			$	3,114,330		$	3,099,988
Buildings and improvements		7-40 years		8,779,969			8,449,395
Machinery and equipment		3-15 years		23,266,325			21,889,116
Furniture and fixtures		5-10 years		3,966,579			3,569,720
Construction in progress				515,095			—

				39,642,298			37,008,219
Less accumulated depreciation				(25,623,279	)		(23,794,152	)

			$	14,019,019		$	13,214,067

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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