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Fixed Assets
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Fixed Assets
5. Fixed Assets  
The following is a summary of the Company’s fixed assets as of December 31:
 
2016
 
2015
  
Cost
 
Accumulated Depreciation
 
Net Book Value
 
Cost
 
Accumulated Depreciation
 
Net Book Value
Computers, furniture and fixtures
$
91,909

 
$
(64,030
)
 
$
27,879

 
$
87,213

 
$
(62,901
)
 
$
24,312

Leasehold improvements
91,601

 
(41,103
)
 
50,498

 
72,898

 
(33,653
)
 
39,245

  
$
183,510

 
$
(105,133
)
 
$
78,377

 
$
160,111

 
$
(96,554
)
 
$
63,557


At December 31, 2016 and 2015, included in fixed assets are assets under capital lease obligations with a cost of $1,967 and $1,959, respectively, and accumulated depreciation of $1,316 and $1,378, respectively. Depreciation expense for the years ended December 31, 2016, 2015, and 2014 was $22,293, $18,871 and $16,462, respectively.