PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

4. PROPERTY AND EQUIPMENT

Property and equipment are comprised of the following as of December 31, 2013 and 2012:

		2013		2012
Computer equipment	$	743,857	$	719,053
Furniture and fixtures		72,480		72,480
Leasehold improvements		169,032		169,032
Office equipment		491,340		435,302
Vehicles		147,310		147,310
		1,624,019		1,543,177
Less - Accumulated depreciation and amortization		1,254,924		1,093,739
	$	369,095	$	449,438

Depreciation expense for the years ended December 31, 2013 and 2012 amounted to $161,185 and $174,601, respectively.

- 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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