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Note 5: Property and Equipment
12 Months Ended
Dec. 31, 2013
Notes  
Note 5: Property and Equipment

 

5)    Property and Equipment

 

The cost of property and equipment is summarized below:

 

 

 

December 31

 

 

 2013

 

 2012

  Land and buildings

 

 $        12,482,082

 

 $        14,782,646

  Furniture and equipment

 

           14,301,713

 

           13,226,209

 

 

           26,783,795

 

           28,008,855

  Less accumulated depreciation

 

         (15,260,635)

 

         (16,974,898)

  Total

 

 $        11,523,160

 

 $        11,033,957

 

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 was $1,621,069, $1,258,097 and $1,499,038 respectively.