Property, Plant and Equipment

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

5.Property, Plant and Equipment

Property, plant and equipment consisted of the following: 

	As of
	June 30, 2017			December 31, 2016
Leasehold improvements	$	2,542,044		$	2,542,044
Computer equipment	774,344			770,479
Furniture and fixtures	455,220			455,220
	3,771,608			3,767,743
Less - accumulated depreciation	(3,508,642		)	(3,468,266		)
Property, plant and equipment, net	$	262,966		$	299,477

Depreciation and amortization expense on property, plant, and equipment was $39,663 and $43,592 for the three months ended June 30, 2017 and 2016, respectively, and was $75,837 and $88,044 for the six months ended June 30, 2017 and 2016, respectively.