Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and equipment and estimated useful lives at December 31 are summarized as follows:



	2014			2013
Land	$	1,107,582		$	1,107,582
Office buildings and improvements (25 years)	3,416,096			3,365,699
Furniture, fixtures and equipment (3 to 10 years)	7,159,250			6,201,618
Automobiles (3 years)	847,905			855,018
Total	12,530,833			11,529,917
Less accumulated depreciation	(7,070,028		)	(7,204,379		)
Property and equipment, net	$	5,460,805		$	4,325,538

Included within furniture, fixtures and equipment is software developed by the Company for internal use. Capitalized costs include both direct and indirect costs, such as payroll costs of employees associated with developing software, incurred during the software development stage.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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