Property and Equipment
|12 Months Ended|
Jun. 30, 2017
|Property, Plant and Equipment [Abstract]|
|Property and Equipment||
NOTE 9 – PROPERTY AND EQUIPMENT
Property and equipment consisted of the following:
For the years ended June 30, 2017 and 2016, depreciation expense totaled $3,785,334 and $4,387,121, respectively. Of these amounts, $2,671,586 and $3,161,951 are reflected as part of cost of revenues for the years ended June 30, 2017 and 2016, respectively.
Following is a summary of fixed assets held under capital leases:
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://www.xbrl.org/2003/role/presentationRef