Property and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

Note 7 – Property and Equipment

Following are the components of property and equipment included in the accompanying consolidated balance sheets as of December 31, 2014 and 2013:

	2014			2013
Equipment	$	22,813,790		$	21,799,376
Equipment under capital lease		7,874,259			4,477,231
Leasehold improvements		2,703,013			2,231,315
Land		2,065,000			2,065,000
		35,456,062			30,572,922
Accumulated depreciation		(21,990,872	)		(18,498,936	)
	$	13,465,190		$	12,073,986

Depreciation expense for the years ended December 31, 2014 and 2013 was $5,550,161 and $3,228,009 respectively.

- 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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