PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS
 12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Note 7. PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS

Property, equipment and leasehold improvements at cost, less accumulated depreciation, at December 31, 2014 and December 31, 2013 consisted of the following:

 

    December 31,     December 31,  
    2014     2013  
Furniture   $ 53,790     $ 31,539  
Equipment     2,367,605       26,022  
Leasehold improvements     3,468,243       10,400  
Subtotal     5,889,638       67,961  
Less accumulated depreciation     (442,895 )     (46,592 )
Total   $ 5,446,743     $ 21,369  

 

Depreciation expense related to property and equipment for the year ended December 31, 2014 was $392,883 and for the year ended December 31, 2013 was $9,211.