Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2012

Furniture, Equipment and Leasehold Improvements

Note 11 – Furniture, Equipment and Leasehold Improvements

Furniture, Equipment and Leasehold Improvements consisted of the following:


	December 31, 2012			December 31, 2011
Furniture and Office Equipment	$	8,891		$	7,137
Leasehold Improvements		30,884			19,890
Computer and Computer-related Equipment		9,882			7,900

Total		49,657			34,927
Less: Accumulated Depreciation and Amortization		(19,880	)		(13,490	)

Furniture, Equipment and Leasehold Improvements, Net	$	29,777		$	21,437

Depreciation and amortization expense for Furniture, Equipment and Leasehold Improvements totaled $5,962, $3,431 and $2,380 for the years ended December 31, 2012, 2011 and 2010, respectively.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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