(3) Property and Equipment

12 Months Ended

Jun. 30, 2015

Notes

(3) Property and Equipment

(3)  Property and Equipment

Property and equipment consist of the following as of June 30:

		2015		2014
Land	$	30,287	$	354,743
Buildings		5,586,777		3,758,524
Machinery and equipment		1,635,386		1,598,770
Office equipment		273,420		266,563
Computer equipment		1,984,046		1,980,746
Vehicles		247,571		236,987
		9,757,487		8,196,333
Less accumulated depreciation and amortization		(4,732,411)		(5,215,656)
	$	5,025,076	$	2,980,677

Included in ”Buildings” at June 30, 2015 are assets held under a capital lease obligation totaling $3,800,000 (gross) and $3,569,061 (net). There was no capital lease as of June 30, 2014.  Depreciation and amortization expense for the years ended June 30, 2015 and 2014 was $350,959 and $433,686, respectively.