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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

5. PROPERTY AND EQUIPMENT

 

Property and equipment are comprised of the following as of December 31, 2011 and 2010:

 

    2011     2010  
Computer equipment   $ 671,457     $ 650,452  
Furniture and fixtures     72,481       69,083  
Leasehold improvements     162,021       161,363  
Office equipment     305,605       284,974  
Vehicles     147,310       147,310  
      1,358,874       1,313,182  
Less - Accumulated depreciation and amortization     919,138       742,569  
    $ 439,736     $ 570,613  

 

Depreciation expense for the years ended December 31, 2011, 2010 and 2009 amounted to $180,524, $184,643 and $152,538, respectively.