Gaia, 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

5. Property and Equipment

Property and equipment, stated at lower of cost or estimated fair value, consists of the following as of December 31:


(in thousands)	2012			2011
Land	$	5,582		$	5,579
Buildings		16,365			16,103
Furniture, fixtures and equipment		6,295			6,204
Leasehold improvements		1,943			1,943
Website development costs and other software		10,903			9,232
Studios, computer and telephone equipment		9,356			8,689
Warehouse and distribution equipment		1,765			1,765

		52,209			49,515
Accumulated depreciation and amortization		(28,211	)		(25,851	)

	$	23,998		$	23,664

- 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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