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Property and Equipment
12 Months Ended
Dec. 31, 2022
Property and Equipment [Abstract]  
Property and Equipment
7 - Property and Equipment


Property and equipment at December 31, 2022 and 2021 consisted of the following:
 
   
2022
   
2021
 
Estimated
Useful Life
 
Office equipment
 
$
8,245,030
   
$
8,382,877
 
3-15 years
 
Automobiles
   
42,794
     
322,703
 
5 years
 
Real estate
   
2,575,207
     
2,575,207
 
5-50 years
 
Software
   
1,386,936
     
1,386,936
 
5 years
 
     
12,249,967
     
12,667,723
     
Accumulated depreciation
   
(9,494,862
)
   
(9,710,793
)
   
   
$
2,755,105
   
$
2,956,930
     


Depreciation expense for 2022, 2021 and 2020 amounted to $173,535, $208,641 and $257,397, respectively.