PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

7. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

	September 30, 2021			December 31, 2020
Computer hardware and software	$	581,426		$	626,328
Office furniture and equipment		1,626,491			1,626,491
Leasehold improvements		3,315,021			4,163,860
Property and equipment, gross		5,522,938			6,416,679
Less: accumulated depreciation		(2,870,110	)		(2,348,842	)
Property and equipment, net	$	2,652,828		$	4,067,837

Depreciation expense was $256,286 and $202,079 for the three months ended September 30, 2021 and 2020, respectively and $792,132 and $841,755 for the nine months ended September 30, 2021 and 2020, respectively.