XML 12 R12.htm IDEA: XBRL DOCUMENT

Property, Plant, and Equipment

3 Months Ended

Jun. 30, 2011

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

Property and equipment consist of the following:


	June 30, 2011			December 31, 2010

Computers and equipment	$	1,514,582		$	1,500,229
Leasehold improvements		970,890			970,890
Software		57,337			57,337
Furniture and fixtures		28,521			28,521

		2,571,330			2,556,977
Less accumulated depreciation		(2,492,313	)		(2,470,912	)

	$	79,017		$	86,065

Depreciation expense for the three months ended June 30, 2011 and 2010 was $10,709 and $15,301, respectively. Depreciation expense for the six months ended June 30, 2011 and 2010 was $21,401 and $32,982, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details