PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2014

(4)	PROPERTY AND EQUIPMENT

Property and equipment consist of the following:

	December 31,
	2013			2014

Dental equipment	$	9,759,160		$	10,111,108
Furniture and fixtures		1,571,135			1,665,911
Leasehold improvements		11,969,958			13,386,795
Computer equipment, software and related items		6,106,685			7,559,243
Instruments		1,898,442			2,002,126
		31,305,380			34,725,183

Less - accumulated depreciation		(21,178,981	)		(23,467,158	)

Property and equipment, net	$	10,126,399		$	11,258,025

Depreciation expense was $2,097,837, $2,748,517 and $3,569,939 for the years ended December 31, 2012, 2013 and 2014, 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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