PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
6 — PROPERTY AND EQUIPMENT
 
Property and equipment consist of the following:
 
 
 
 
 
December 31,
 
 
 
Useful Life (years)
 
2014
 
2013
 
Cost:
 
 
 
 
 
 
 
 
 
Furniture and equipment
 
3 – 7 years
 
$
2,930,000
 
$
2,633,000
 
Accumulated depreciation
 
 
 
 
(2,114,000)
 
 
(1,827,000)
 
Property and equipment, net
 
 
 
$
816,000
 
$
806,000
 
 
Depreciation of property and equipment amounted to $287,000 and $393,000 for the years ended December 31, 2014 and 2013, respectively. The Company reclassified inventory totaling $163,000 into equipment in 2014.
 
Impairment of property and equipment amounted to $0 and $896,000 for the years ended December 31, 2014 and 2013, respectively. The impairment charge of $896,000 in 2013 was related to hardware with a cost of $2,193,000 and an accumulated depreciation of $1,297,000.