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Property and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment
7 - Property and Equipment
Property and equipment at December 31, 2019 and 2018 consisted of the following:
 
   
2019
   
2018
   
Estimated Useful
Life
 
Office equipment
  $8,660,163   $10,049,884    
3-15 years
 
Automobiles
   301,119    448,015    5 years 
Real estate
   4,977,813    4,977,813    
5-50
years
 
Software
   2,065,927    2,843,782    5 years 
   
 
 
   
 
 
      
    16,005,022    18,319,494      
Accumulated depreciation
   (11,446,950   (13,628,790     
   
 
 
   
 
 
      
   $4,558,072   $4,690,704      
   
 
 
   
 
 
      
Depreciation expense for 2019, 2018 and 2017 amounted to $282,235, $479,550 and $478,800, respectively.