Quarterly report pursuant to sections 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2013
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Property and equipment, recorded at cost, consisted of the following at:

 

  September 30, 2013   December 31, 2012
Furniture and fixtures $ 76,031     $ 73,772  
Computer equipment   69,042       51,516  
Office equipment   12,270       10,320  
Leasehold improvements   6,367       6,367  
    163,710       141,975  
Less: accumulated depreciation   (114,096 )     (98,576 )
  $ 49,614     $ 43,399  

 

Included in depreciation expense was $15,520 and $13,661 for the nine months ended September 30, 2013 and 2012, respectively.