Property and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

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

	2017			2016
Land	$	1,122,582		$	1,122,582
Office buildings and improvements (25 years)	4,406,117			4,399,448
Furniture, fixtures and equipment (3 to 10 years)	12,993,387			10,444,355
Automobiles (3 years)	891,001			971,235
Total	19,413,087			16,937,620
Less accumulated depreciation	(9,240,183		)	(8,184,154		)
Property and equipment, net	$	10,172,904		$	8,753,466

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.