Land, Buildings, And Equipment

12 Months Ended

Dec. 31, 2012

Land, Buildings, And Equipment [Abstract]

2. LAND, BUILDINGS AND EQUIPMENT

Land, buildings and equipment, at cost, consists of the following at December 31:

	2012	2011

Land	$6,673,076	$6,673,076
Buildings and building improvements	20,559,125	20,196,599
Furniture and equipment	16,909,702	16,270,494
	44,141,903	43,140,169
Accumulated depreciation	(22,021,944)	(20,364,054)
	$22,119,959	$22,776,115

- 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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