Other Investments (Tables)

6 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

The investments in the LLC are included in the condensed consolidated financial statements as follows:



Balance Sheet location of Other Investments:	March 31, 2020		September 30, 2019
Other Assets:
MVP	$	51,971,127	$	47,055,426
Southgate	320,033		320,033
Investment in unconsolidated affiliates	$	52,291,160	$	47,375,459



Current Liabilities:
MVP	$	1,726,786	$	4,958,260
Southgate	—		66,564
Capital contributions payable	$	1,726,786	$	5,024,824



	Three Months Ended				Six Months Ended
Income Statement location of Other Investments:	March 31, 2020		March 31, 2019		March 31, 2020		March 31, 2019
Equity in earnings of unconsolidated affiliate	$	1,188,593	$	698,175	$	2,282,679	$	1,261,224



	March 31, 2020		September 30, 2019
Undistributed earnings, net of income taxes, of MVP in retained earnings	$	4,962,293	$	3,267,176

The change in the investment in unconsolidated affiliates is provided below:



	Six Months Ended
	March 31, 2020			March 31, 2019
Cash investment	$	5,931,060		$	13,304,263
Change in accrued capital calls	(3,298,038		)	(6,796,085		)
Equity in earnings of unconsolidated affiliates	2,282,679			1,261,224
Change in investment in unconsolidated affiliates	$	4,915,701		$	7,769,402

Summary Unaudited Financial Statements - Equity Method Investment

Summary of unaudited financial statements of Mountain Valley Pipeline are presented below. Southgate financial statements, which are accounted for under the cost method, are not included:



	Income Statements
	Three Months Ended					Six Months Ended
	March 31, 2020			March 31, 2019		March 31, 2020		March 31, 2019
AFUDC	$	117,754,887		$	66,953,609	$	227,780,361	$	121,138,125
Other Income (Expense), net	(34,575		)	720,935		699,607		3,283,727
Net Income	$	117,720,312		$	67,674,544	$	228,479,968	$	124,421,852



	Balance Sheets
	March 31, 2020		September 30, 2019
Assets:
Current Assets	$	218,072,899	$	485,323,892
Construction Work in Progress	5,132,263,805		4,675,267,389
Other Assets	5,752,436		13,190,816
Total Assets	$	5,356,089,140	$	5,173,782,097

Liabilities and Equity:
Current Liabilities	$	194,839,985	$	466,776,233
Noncurrent Liabilities	265,000		—
Capital	5,160,984,155		4,707,005,864
Total Liabilities and Equity	$	5,356,089,140	$	5,173,782,097