Ameresco, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Depreciation and amortization of property and equipment are computed on a straight-line basis over the following estimated useful lives:



Asset Classification		Estimated Useful Life
Furniture and office equipment		Five years
Computer equipment and software costs		Five years
Leasehold improvements		Lesser of term of lease or five years
Automobiles		Five years
Land		Unlimited

Property and equipment consisted of the following at December 31, 2012 and 2011:



	2012			2011
Furniture and office equipment	$	3,899,585		$	2,057,452
Computer equipment and software costs	15,289,647			13,900,718
Leasehold improvements	2,460,314			1,535,232
Automobiles	952,438			603,543
Land	520,379			520,379
	23,122,363			18,617,324
Less - accumulated depreciation	(13,735,145		)	(11,531,160		)
Property and equipment, net	$	9,387,218		$	7,086,164

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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