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Property and Equipment
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

4. Property and Equipment

 

Property and equipment was:

 

    September 30, 2016     December 31, 2015  
Equipment   $ 258,700     $ 313,700  
Furniture     190,600       233,900  
Leasehold improvements     167,600       167,600  
      616,900       715,200  
Less: accumulated depreciation and amortization     455,300       462,700  
    $ 161,600     $ 252,500  

 

Aggregate property and equipment depreciation and amortization expense was $21,200 and $70,800 during the three-month period and nine-month ended September 30, 2016, respectively. During the nine-month period ended September 30, 2016, we disposed of equipment and furniture with a combined net book value of $20,100.