Property and Equipment

9 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 3. Property and Equipment

Property and equipment are stated at cost. Depreciation is calculated using the straight - line method over the estimated useful life of the assets. At September 30, 2017 and December 31, 2016, the major class of property and equipment were as follows:

	September 30, 2017		December 31, 2016		Estimated useful lives
Computer/Office Equipment	$	529,851	$	474,887	3-7 years
Medical Equipment		2,301,351		2,329,872	3-7 years
Leasehold Improvements		870,980		857,770	5-39 years
Less: Accumulated Depreciation		(1,900,916)		(1,562,471)
Net Book Value	$	1,801,266	$	2,100,058

Depreciation expense was $144,604 and $140,550 for the three months ended September 30, 2017 and 2016, respectively.

Depreciation expense was $440,469 and $418,298 for the nine months ended September 30, 2017 and 2016, respectively.

For the nine months ending September 30, 2017 the Company has made purchases of $201,463 in equipment, $12,639 in leasehold improvements, and $26,205 in computer/office equipment.

For the nine months ending September 30, 2017 the Company has written off a total of $206,420 in equipment.