Property and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consist of the following:



	December 31, 2013			December 31, 2012
Computer hardware and software	$	16,427,412		$	16,626,381
Furniture and equipment	808,252			893,918
Leasehold improvements	2,090,902			2,578,942
Automobile	13,008			13,008
	19,339,574			20,112,249
Less accumulated depreciation	(16,022,230		)	(16,131,570		)
	$	3,317,344		$	3,980,679

During the years ended December 31, 2013 and 2012, the Company wrote off approximately $2,198,795 and $4,626,989, respectively, of fully depreciated assets and related accumulated depreciation, for book purposes only. Depreciation expense was $2,198,286, $2,894,308 and $3,643,895 in 2013, 2012 and 2011, respectively.

- 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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