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Fixed Assets
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Fixed Assets
The following is a summary of the Company’s fixed assets as of December 31:
 
2014
 
2013
  
Cost
 
Accumulated Depreciation
 
Net Book Value
 
Cost
 
Accumulated Depreciation
 
Net Book Value
Computers, furniture and fixtures
$
91,272

 
$
(65,451
)
 
$
25,821

 
$
109,252

 
$
(83,383
)
 
$
25,869

Leasehold improvements
64,051

 
(29,632
)
 
34,419

 
60,938

 
(34,736
)
 
26,202

  
$
155,323

 
$
(95,083
)
 
$
60,240

 
$
170,190

 
$
(118,119
)
 
$
52,071


Included in fixed assets are assets under capital lease obligations with a cost of $2,072, (2013 – $2,462) and accumulated depreciation of $1,091 (2013 – $1,417). Depreciation expense for the years ended December 31, 2014, 2013, and 2012 was $16,462, $16,742 and $15,999, respectively.