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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
4. PROPERTY AND EQUIPMENT

 

Property and equipment are comprised of the following as of December 31, 2012 and 2011:

 

    2012     2011  
Computer equipment   $ 719,053     $ 671,457  
Furniture and fixtures     72,480       72,481  
Leasehold improvements     169,032       162,021  
Office equipment     435,302       305,605  
Vehicles     147,310       147,310  
      1,543,177       1,358,874  
Less - Accumulated depreciation and amortization     1,093,739       919,138  
    $ 449,438     $ 439,736  

 

Depreciation expense for the years ended December 31, 2012 and 2011 amounted to $174,601 and $180,524, respectively.