General form of registration statement for all companies including face-amount certificate companies

Property and equipment (Tables)

v2.4.0.8
Property and equipment (Tables)
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment [Abstract]  
Summary of Property and Equipment
Property and equipment at December 31, 2012 and 2011 consisted of the following: 
 
 
 
Estimated Useful
Life (in Years)
 
2012
 
2011
 
Machinery and equipment
 
5 - 7 years
 
$
478,290
 
$
355,985
 
Furniture and fixtures
 
5 years
 
 
54,058
 
 
48,157
 
Computer software
 
3 - 5 years
 
 
56,935
 
 
46,355
 
Leasehold improvements
 
*
 
 
326,366
 
 
245,441
 
 
 
 
 
 
915,649
 
 
695,938
 
Less - accumulated depreciation and amortization
 
 
 
 
(480,037)
 
 
(310,159)
 
Net property, plant and equipment
 
 
 
$
435,612
 
$
385,779
 
 
* Lesser of estimated useful life of asset or lease term