Property and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

At December 31, 2013 and 2012, property and equipment consist of the following:



		December 31,
	Useful Lives	2013			2012
Computer equipment	3-5 years	$	12,115,305		$	12,373,042
Computer software	3-5 years	30,059,145			29,929,913
Office equipment	5-7 years	3,306,824			3,307,815
Furniture and fixtures	5-7 years	1,751,669			1,704,073
Leasehold improvements	(a)	3,716,158			2,837,740
		50,949,101			50,152,583
Less accumulated depreciation and amortization		(44,778,602		)	(41,917,771		)
		$	6,170,499		$	8,234,812

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(a)	See Note 2 – Summary of Significant Accounting Policies.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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