Note 5: Property and Equipment

12 Months Ended

Dec. 31, 2016

Notes

Note 5: Property and Equipment

5)         Property and Equipment

The cost of property and equipment is summarized below:

	December 31
	2016	2015
Land and buildings	$          9,155,665	$        13,126,195
Furniture and equipment	19,548,521	16,613,862
	28,704,186	29,740,057
Less accumulated depreciation	(19,912,664)	(18,298,397)
Total	$          8,791,522	$        11,441,660

Depreciation expense for the years ended December 31, 2016, 2015 and 2014 was $2,182,724, $2,183,496 and $2,177,165, respectively.