Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

At June 30, 2012 and December 31, 2011, property and equipment consisted of the following:

	June 30, 2012			December 31, 2011

Land	$	560,907		$	536,854
Buildings and leasehold improvements		531,817			434,864
Computer equipment and software		870,634			497,317
Trucks and autos		374,276			293,946
Field equipment		233,163			247,826
Office equipment		195,168			133,893
Construction in progress		2,049,936			-
Subtotal		4,815,901			2,144,700
Accumulated depreciation		(621,257	)		(506,420	)
Totals	$	4,194,644		$	1,638,280

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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