XML 63 R12.htm IDEA: XBRL DOCUMENT v2.4.0.6
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Note 6. PROPERTY AND EQUIPMENT

The components of property and equipment at December 31, consisted of the following:

 

    December 31,     December 31,    
    2012     2011    
               
Machinery and Equipment   $ 5,801,000     $ 3,700,000   5 - 8 years
Capital Lease Machinery and Equipment     4,503,000       3,877,000   5 - 8 years
Tools and Instruments     3,968,000       3,417,000   1.5 - 7 years
Automotive Equipment     55,000       55,000   5 years
Furniture and Fixtures     232,000       219,000   5 - 8 years
Leasehold Improvements     612,000       595,000   Term of Lease
Computers and Software     318,000       158,000   4-6 years
Total Property and Equipment     15,489,000       12,021,000    
Less: Accumulated Depreciation     (9,606,000 )     (8,050,000 )  
Property and Equipment, net   $ 5,883,000     $ 3,971,000    

 

Depreciation expense for the years ended December 31, 2012 and 2011 was approximately $1,557,000 and $1,503,000, respectively.