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, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at December 31, 2010 and 2011:



	2010			2011
Furniture and office equipment	$	1,348,594		$	2,057,452
Computer equipment and software costs	10,640,025			13,900,718
Leasehold improvements	1,344,056			1,535,232
Automobiles	529,627			603,543
Land	520,379			520,379
	14,382,681			18,617,324
Less - accumulated depreciation	(8,976,294		)	(11,531,160		)
Property and equipment, net	$	5,406,387		$	7,086,164

Depreciation expense on property and equipment for the years ended December 31, 2009, 2010 and 2011 was $1,372,885, $1,784,295 and $2,554,867, respectively, and is included in general, administrative and other expenses in the accompanying consolidated statements of income and comprehensive 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.

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