XML 16 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9
4. PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2015
Property, Plant and Equipment [Abstract]  
4. PROPERTY AND EQUIPMENT

Property and equipment, including purchased and developed software is recorded at cost. The Company has depreciated or amortized these assets using the straight-line method over the useful lives of the asset. The useful lives are estimated to be between 2 and 7 years.

 

Property and equipment consisted of the following:

 

  Mar. 31, 2015   Dec. 31, 2014
       
Furniture & office equipment  $          249,387    $          240,102
Containers           3,028,057             2,847,205
Trucks           5,629,549             5,523,773
Total Property and Equipment           8,906,993             8,611,080
Less:  Accumulated Depreciation         (1,350,718)               (956,315)
Net Property and Equipment  $       7,556,275    $       7,654,765

 

Depreciation Expense for March 31, 2015 and 2014 was $394,403 and $385,708, respectively.