PROPERTY AND EQUIPMENT

12 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

4. PROPERTY AND EQUIPMENT

Property and equipment, at cost, consist of the following:

		June 30,
	Useful
	Lives	2013			2012
Computer equipment and purchased software	3-7 years	$	4,688,104		$	4,682,276
Property and equipment used for Rental Program	5 years		21,574,225			12,523,254
Furniture and equipment	3-7 years		693,554			805,077
Leasehold improvements	Lesser of
	life or lease term		539,629			465,587
			27,495,512			18,476,194
Less accumulated depreciation			(10,255,447	)		(6,676,086	)
		$	17,240,065		$	11,800,108

Assets under capital lease totaled approximately $1,965,000 and $1,863,000 as of June 30, 2013 and 2012, respectively. Capital lease amortization of approximately $265,000, $189,000, and $277,000, is included in depreciation expense for the years ended June 30, 2013, 2012, and 2011, respectively.

ePort equipment utilized by the JumpStart Program is identified as Property and equipment used for Rental Program in the above table. Accumulated depreciation attributable to the Property and equipment used for Rental Program is approximately $5,889,000 and $2,731,000 as of June 30, 2013 and 2012, respectively and is included in accumulated depreciation for the respective years in the above table.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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