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Property and Equipment | 3 Months Ended
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Mar. 31, 2012
Notes to Financial Statements |
Note 2. Property and Equipment | The net carrying value of property and equipment consisted of the following as of:
|  | March 31, 2012 |  |  | December 31, 2011 |
|  | (unaudited) |  |  |  |
Furniture and fixtures |  | $ | 427,121 |  |  | $ | 427,121 |
Equipment |  |  | 2,233,795 |  |  |  | 2,005,505 |
Software |  |  | 7,399,680 |  |  |  | 5,469,804 |
Leasehold improvements |  |  | 343,795 |  |  |  | 310,416 |
Subtotal |  |  | 10,404,391 |  |  |  | 8,212,846 |
Less: accumulated depreciation and amortization |  |  | (7,065,141 | ) |  |  | (6,622,835 | )
Total |  | $ | 3,339,250 |  |  | $ | 1,590,011 |
Depreciation and amortization expenses related to property and equipment for the three months ended March 31, 2012 and 2011 was approximately $330,000 and $415,000, respectively. Depreciation is included in selling, general and administrative expenses in the accompanying consolidated statements of comprehensive loss.

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- Definition Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 5 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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