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2. Significant Accounting Policies: Property and Equipment (Policies)
9 Months Ended
Sep. 30, 2015
Policies  
Property and Equipment

Property and Equipment

 

            Property and equipment are carried at cost. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets or, for leasehold improvements, the life of the lease, if shorter. When assets are retired or otherwise disposed of, the cost and related accumulated depreciation are removed from the accounts and any resulting gain or loss is reflected in other income or expense for the period. The cost of maintenance and repairs is expensed as incurred; significant improvements are capitalized.