Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION OF BASF FACILITY (Tables)

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ACQUISITION OF BASF FACILITY (Tables)
9 Months Ended
Sep. 30, 2016
ACQUISITION OF BASF FACILITY [Abstract]  
Schedule of Bargain of Purchase Gain
We recorded an $11.5 million bargain purchase gain on the transaction as calculated in the table below (in thousands).

Cash paid
  $ 2,011        
Estimated earnout liability
    733        
Purchase Price
          $ 2,744  
                 
Fixed assets at FMV
               
Land
    980          
Site improvements
    30          
Buildings
    1,350          
Production equipment
    11,933          
              14,293  
                 
Bargain purchase gain
          $ 11,549