Fixed Assets and Intangible Assets, Net
 9 Months Ended 12 Months Ended
Sep. 30, 2012
Dec. 31, 2011
Fixed Assets and Intangible Assets, Net [Abstract]    
Fixed Assets and Intangible Assets, Net
 
7.  Fixed Assets and Intangible Assets, Net
 
Fixed assets and intangible assets, net consisted of the following at September 30, 2012 and December 31, 2011: 
  
   
September 30,
  
December 31,
 
   
2012
  
2011
 
   
(Unaudited)
    
Computer equipment
 $196,538  $143,461 
Furniture and fixtures
  142,856   159,051 
Leasehold improvements
  377,727   329,156 
Software
  9,905   7,342 
Website domain name
  24,938   24,938 
Website costs
  40,500   40,500 
Total fixed assets
  792,464   704,448 
Less: Accumulated depreciation and amortization
  (218,916 )  (125,985 )
Total fixed assets and intangible assets, net
 $573,548  $578,463 
 
The Company only holds fixed assets in the United States.  Depreciation and amortization expense for the nine months ended September 30, 2012 was $112,509, as compared to $22,977 for the nine months ended September 30, 2011.
 
 
NOTE 3
FURNITURE, FIXTURES, EQUIPMENT AND INTANGIBLE ASSETS
 
At December 31, 2011 and December 31, 2010, furniture, fixtures, equipment and intangible assets were as follows:
 
   
As of
December 31, 2011
    
As of
December 31, 2010
  
             
Computer equipment
  
$
143,461
    
$
64,437
  
Furniture
    
159,051
      
32,342
  
Website domain name
    
24,938
      
24,938
  
Software
    
7,342
      
2,701
  
Website costs
    
40,500
      
40,500
  
Leasehold improvements
    
329,156
      
-
  
Less: accumulated depreciation and amortization
    
(125,985
)
    
(75,412
)
Total equipment and intangibles, net
  
$
578,463
    
$
89,506
  
  
Depreciation and amortization expense for the years ended December 31, 2011 and 2010 was $51,180, and $18,674, respectively.
 
The estimated future amortization and depreciation of intangible and tangible assets is as follows:
 
Year
 
   Amount  
         
2012
     $  138,890  
2013
       135,911  
2014
       130,862  
2015
       96,743  
2016 and thereafter       76,057  
      $ 578,463