XML 43 R12.htm IDEA: XBRL DOCUMENT

Property, Plant and Equipment Disclosure

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment Disclosure

PROPERTY AND EQUIPMENT

Property and equipment consist of the following:


	March 31, 2013			December 31, 2012

Computers and equipment	$	1,529,618		$	1,527,170
Leasehold improvements		991,749			991,749
Software		57,337			57,337
Furniture and fixtures		31,821			31,821

		2,610,525			2,608,077
Less accumulated depreciation		(2,553,384	)		(2,546,778	)

	$	57,141		$	61,299

Depreciation expense for the three months ended March 31, 2013 and 2012 was $6,606 and $8,931, 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