General form of registration statement for all companies including face-amount certificate companies

PROPERTY AND EQUIPMENT

v3.3.0.814
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

6. PROPERTY AND EQUIPMENT

Property and equipment as of December 31, 2014 and 2013 consisted of the following:
 
 
 
 
December 31,
2014
 
December 31,
2013
Computers
 
$
1,102,200
 
 
$
701,917
 
Office furniture and equipment
 
 
959,110
 
 
 
510,524
 
Transportation equipment
 
 
431,554
 
 
 
346,331
 
Leasehold improvements
 
 
337,248
 
 
 
276,399
 
Construction-in-progress
 
 
324,533
 
 
 
74,291
 
Total property and equipment
 
 
3,154,645
 
 
 
1,909,462
 
Less accumulated depreciation
 
 
(1,710,311
) 
 
 
(1,404,118
) 
Property and equipment – net
 
$
1,444,334
 
 
$
505,344
 
Depreciation expense was $260,527 and $233,431 for the years ended December 31, 2014 and 2013, respectively.