XML 26 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Property and equipment
6 Months Ended
Jun. 30, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
Note 3 – Property and equipment
 
Property and equipment: 
 
 
 
 
 
June 30,
 
December 31,
 
 
 
Life
 
2013
 
2012
 
Telecommunication equipment
 
7
 
$
356,154
 
$
356,154
 
Computer equipment
 
5
 
 
169,754
 
 
166,408
 
Building
 
35
 
 
2,448,364
 
 
2,448,364
 
Building improvements
 
10
 
 
86,442
 
 
81,342
 
Office equipment and furnishing
 
7
 
 
48,212
 
 
48,212
 
Purchased software
 
3
 
 
34,147
 
 
34,147
 
Land
 
 
 
 
270,000
 
 
270,000
 
Sub – total
 
 
 
 
3,413,073
 
 
3,404,627
 
Less: accumulated depreciation
 
 
 
 
(544,119)
 
 
(424,559)
 
Property and equipment, net
 
 
 
$
2,868,954
 
$
2,980,068
 
 
Our telecommunications equipment is deployed in our Network Operations Center (“NOC”) as is most of the computer equipment. Other computer and office equipment and furnishings are deployed at our corporate offices. Depreciation expense on the above assets was $59,808 and $119,560 for the three and six months ending June 30, 2013, respectively; and $47,556 and $93,342 for the three and six months ending June 30, 2012, respectively.