Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following at December 31:



	Range of useful lives	2012			2011

Computer equipment	3 – 5 years	$	710,099		$	536,702
Office equipment	3 – 15 years	123,937			116,502
Furniture and fixtures	5 – 15 years	609,544			598,510
Leasehold improvements	3 – 15 years, or remaining lease term	1,186,306			951,688
Total property and equipment, gross		2,629,886			2,203,402
Less: accumulated depreciation and amortization		(1,440,972		)	(1,084,063		)
Total property and equipment, net		$	1,188,914		$	1,119,339

- 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.

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