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Property and Equipment
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12 Months Ended | ||||||||||||||||||||||||||||||||||||
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Dec. 31, 2012
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| Property and Equipment |
Note 5 Property and Equipment
Property and equipment are as follows:
The land, plantation development costs, and plantation equipment are located in Mexico, Belize, and Dominican Republic. During the period we recognized an impairment loss related to the fair value of Plantation Development Cost and Deferred Growing Cost. See Note 11 below. |
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- Details
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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