Property and Equipment:

12 Months Ended

Dec. 29, 2012

5. Property and Equipment:

Property and equipment consisted of the following as of December 29, 2012 and December 31, 2011:

	Useful Lives	2012			2011
Buildings and improvements	20 – 30 years	$	13,414,686		$	13,372,831
Equipment	7 – 15 years	43,800,475			39,113,158
Land	—	346,506			346,506
Vehicles	5 years	50,315			51,128
Furniture and office equipment	2 – 5 years	4,962,360			4,774,956
		62,574,342			57,658,579
Less accumulated depreciation and amortization		(28,523,536		)	(24,476,248		)
		$	34,050,806		$	33,182,331

The total cost of equipment and furniture and office equipment included in the table above held under capital lease obligations was $2.6 million and $3.7 million as of December 29, 2012 and December 31, 2011, respectively. Depreciation expense, including amortization of property under capital leases, for fiscal years 2012 and 2011 was $4.7 million and $4.6 million, respectively.

- 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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