Equipment And Leasehold Improvements

12 Months Ended

Dec. 31, 2011

Equipment And Leasehold Improvements [Abstract]

(5) Equipment and Leasehold Improvements

Equipment and leasehold improvements consist of the following:


	As of December 31,
	2011			2010
Machinery and equipment	$	13,323,315		$	13,205,393
Office equipment		729,517			729,517
Office furniture		108,093			108,093
Leasehold improvements		4,723,348			4,723,348
Construction in progress		—			16,994

		18,884,273			18,783,345
Less: Accumulated depreciation and amortization		(15,171,191	)		(14,061,673	)

	$	3,713,082		$	4,721,672

Depreciation expense was $1,109,518 and $1,141,031, for the years ended December 31, 2011 and 2010, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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