Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following at December 31:



	Range of useful lives	2014			2013

Computer equipment	3 – 5 years	$	792,268		$	754,088
Office equipment	3 – 15 years	171,649			132,999
Furniture and fixtures	5 – 15 years	703,187			616,759
Leasehold improvements	3 – 15 years, or remaining lease term	1,223,453			1,223,453
Total property and equipment, gross		2,890,557			2,727,299
Less: accumulated depreciation and amortization		(2,239,527		)	(1,846,652		)
Total property and equipment, net		$	651,030		$	880,647

Depreciation expense, including amortization expense related to leasehold improvements, was $0.4 million during 2014, 2013 and 2012. Depreciation expense is included in general and administrative expense in the consolidated statements of operations.

- 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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