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Note 5: Property and Equipment
12 Months Ended
Dec. 31, 2012
Notes  
Note 5: Property and Equipment

5)    Property and Equipment

 

The cost of property and equipment is summarized below:

 

 

December 31

2012

2011

 Land and buildings

 $

            14,782,646

 $

            12,503,230

 Furniture and equipment

            13,226,209

            12,900,261

            28,008,855

            25,403,491

Less accumulated depreciation

          (16,974,898)

          (16,103,306)

 Total

 $

            11,033,957

 $

              9,300,185

 

Depreciation expense for the years ended December 31, 2012, 2011 and 2010 was $1,258,097, $1,499,038 and $1,811,931 respectively.