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Property and Equipment | 3 Months Ended
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Mar. 31, 2018
Property and Equipment [Abstract] |
Property, Plant and Equipment Disclosure [Text Block] |
7. | Property and Equipment
Major classes of property and equipment consisted of the following as of the periods presented below:
|  | MARCH 31, |  | DECEMBER 31, |
|  | 2018 |  | 2017 |
|  | (Unaudited) |
Computer hardware and software |  | $ | 1,975,966 |  | $ | 1,943,180 |
Furniture and fixtures |  |  | 300,174 |  |  | 296,316 |
Leasehold improvements |  |  | 267,116 |  |  | 260,748 |
Automobile |  |  | 195,951 |  |  | 188,238 |
Gross property and equipment |  |  | 2,739,207 |  |  | 2,688,482 |
Less: accumulated depreciation and amortization |  |  | 1,526,044 |  |  | 1,370,062 |
Property and equipment, net |  | $ | 1,213,163 |  | $ | 1,318,420 |
During the three month period ended March 31, 2018 there were disposals of fully depreciated owned property and equipment with related cost and accumulated depreciation of approximately $129,600. During the three month period ended March 31, 2017 there were material disposals of fully depreciated owned property and equipment of approximately $31,500. There were no changes in the estimated useful lives used to depreciate property and equipment during the three month periods ended March 31, 2018 and 2017. Assets under capital lease included in the table above consisted of the following as of the periods presented below:
|  | MARCH 31, |  | DECEMBER 31, |
|  | 2018 |  | 2017 |
|  | (Unaudited) |
Automobiles |  | $ | 105,231 |  | $ | 100,882 |
Computer hardware and software |  |  | 290,223 |  |  | 290,223 |
Gross leased property and equipment |  | $ | 395,454 |  | $ | 391,105 |
Less: accumulated amortization |  |  | 52,088 |  |  | 20,890 |
Capital lease assets, net |  | $ | 343,366 |  | $ | 370,215 |
During the three month period ended March 31, 2018, the Company did not enter into any capital lease arrangements and there were no material sales or disposals of assets under capital leases. During the three month period ended March 31, 2017, the Company acquired two automobiles under capital lease arrangements and recognized a gross asset of $93,301 (€87,300). For the three month period ended March 31, 2017, the Company disposed of two leased automobiles with a net book value of $47,800 (€44,900) and received gross proceeds of approximately $51,800 (€48,700). The Company recognized a net gain on disposal of approximately $4,100 (€3,800). Property and equipment depreciation expense (including amortization of capital leases) was approximately as follows for the periods presented below:
|  | THREE MONTHS ENDED |
|  | MARCH 31, |
|  | 2018 |  | 2017 |
|  | (Unaudited) |
Property and equipment depreciation expense |  | $ | 131,100 |  | $ | 83,800 |
Capital lease amortization (included in property and equipment depreciation expense) |  | $ | 30,347 |  | $ | - |

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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
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration