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

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property and Equipment

PROPERTY AND EQUIPMENT

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

Depreciation expense on property and equipment for the years ended December 31, 2012, 2011 and 2010 was $2,828,540, $2,554,867 and $1,784,295, respectively, and is included in general, administrative and other expenses in the accompanying consolidated statements of income.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details