Property plant and equipment

9 Months Ended

Sep. 30, 2018

Property, Plant and Equipment [Abstract]

Property plant and equipment

8. Property, plant and equipment

Property, plant and equipment consists of the following:

	September 30, 2018							December 31, 2017
	Cost		Amortization and Impairment			Net book value		Net book value
Land	$	2,920,015	$	—		$	2,920,015	$	2,925,305
Buildings		5,975,002		(373,848	)		5,601,154		5,840,268
Furniture and fixtures		115,750		(41,154	)		74,596		72,047
Leasehold improvements		312,614		(15,222	)		297,392		316,238
	$	9,323,381	$	(430,224	)	$	8,893,157	$	9,153,858

Depreciation expense for the three months ended September 30, 2018 and 2017 was $67,929 and $79,267, respectively, and depreciation expense for the nine months ended September 30, 2018 and 2017 was $204,384 and $186,760, respectively.