Property And Equipment

12 Months Ended

Dec. 31, 2011

Note 5. Property and Equipment

The following is a summary of property and equipment:


	December 31,
	2011		2010
Equipment	$	260,000	$	287,000
Construction in Progress		14,000		0
Furniture and Fixtures		393,000		497,000
Building		1,360,000		1,338,000
Land		415,000		415,000
		2,442,000		2,537,000
Less Accumulated Depreciation		1,263,000		1,363,000
Total Property and Equipment	$	1,179,000	$	1,174,000

- 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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