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Revett Mining Co Inc's quarterly construction in progress declined from Sep. 2014 ($6.10 Mil) to Dec. 2014 ($1.60 Mil) but then increased from Dec. 2014 ($1.60 Mil) to Mar. 2015 ($1.71 Mil).
Revett Mining Co Inc's annual construction in progress increased from Dec. 2012 ($0.00 Mil) to Dec. 2013 ($0.81 Mil) and increased from Dec. 2013 ($0.81 Mil) to Dec. 2014 ($1.60 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
Revett Mining Co Inc Annual Data
Revett Mining Co Inc Quarterly Data