Property and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

6. Property and Equipment

Property and equipment are comprised of the following:

	June 30,		December 31,
	2013		2012
Computer hardware and purchased software	$	296,900	$	281,846
Leasehold improvements		221,666		220,166
Furniture and fixtures		88,321		88,322
		606,887		590,334
Less: accumulated depreciation and amortization		(544,319)		(532,205)
Property and equipment, net	$	62,568	$	58,129

Total depreciation expense on the Company’s property and equipment for the three months and six months ended June 30, 2013 and 2012 amounted to $6,772 and $12,116, and $7,647 and $14,437, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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