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Property and Equipment | 12 Months Ended
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Dec. 31, 2017
Property and Equipment [Abstract] |
Property, Plant and Equipment Disclosure [Text Block] |
8. | Property and Equipment
Major classes of property and equipment consisted of the following as of the periods presented below:
|  | DECEMBER 31, |
|  | 2017 |  | 2016 |
Computer hardware and software |  | $ | 1,943,180 |  | $ | 1,214,052 |
Furniture and fixtures |  |  | 296,316 |  |  | 211,376 |
Leasehold improvements |  |  | 260,748 |  |  | 486,467 |
Automobile |  |  | 188,238 |  |  | 216,880 |
Gross property and equipment |  |  | 2,688,482 |  |  | 2,128,775 |
Less: accumulated depreciation and amortization |  |  | 1,370,062 |  |  | 1,392,097 |
Property and equipment, net |  | $ | 1,318,420 |  | $ | 736,678 |
Land and building held for sale, net |  | $ | - |  | $ | 594,376 |
During the year ended December 31, 2017 and 2016, the Company purchased for cash property and equipment totaling approximately $695,600 and $274,700, respectively. During the year ended December 31, 2017, the Company relocated from the Lewis Center Facility to a larger facility in Columbus and abandoned undepreciated building and leasehold improvements with a gross cost and accumulated depreciation of approximately $282,200 and $105,500, respectively. The Company recorded within general and administrative expenses a loss on disposal of approximately $176,700 as a result of the move. During the year ended December 31, 2017 there were disposals of fully depreciated owned property and equipment with related cost and accumulated depreciation of approximately $398,600 and building and leasehold improvements with a net book value of approximately $176,700. During the year ended December 31, 2016 there were material disposals of fully depreciated owned property and equipment of approximately $309,100. There were no changes in the estimated useful lives used to depreciate property and equipment during the years ended December 31, 2017 and 2016. Assets under capital lease included in the table above consisted of the following as of the periods presented below:
|  | DECEMBER 31, |
|  | 2017 |  | 2016 |
Automobiles |  | $ | 100,882 |  | $ | 63,498 |
Computer hardware and software |  |  | 290,223 |  |  | - |
Gross leased property and equipment |  | $ | 391,105 |  | $ | 63,498 |
Less: accumulated amortization |  |  | 20,890 |  |  | 36,823 |
Capital lease assets, net |  | $ | 370,215 |  | $ | 26,675 |
During the year ended December 31, 2017, the Company recorded capital lease assets and related obligations of approximately $391,100, of which approximately $93,300 relates to two automobiles under capital lease arrangements and the remainder relates to computer hardware and software for our internal client facing infrastructure. During the year ended December 31, 2016 there were no new capital leases recorded. During the year ended December 31, 2017, the Company disposed of two leased automobiles with a net book value of $47,800 and received gross proceeds of approximately $51,800. The Company recognized a net gain on disposal of approximately $4,100. During the year ended December 31, 2016 there were material disposals of fully amortized leased equipment of approximately $309,100. Property and equipment depreciation expense (including amortization of capital lease property) was approximately as follows for the periods presented below:
|  | YEARS ENDED |
|  | DECEMBER 31, |
|  | 2017 |  | 2016 |
Property and equipment depreciation expense |  | $ | 414,600 |  | $ | 438,500 |
Capital lease amortization (included in |  |  |  |  |  |  |
property and equipment depreciation expense) |  | $ | 13,800 |  | $ | 10,900 |

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- References No definition available. + Details
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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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