Other Investments (Tables)

12 Months Ended

Sep. 30, 2020

Other Investments [Abstract]

Schedule of Other Investments

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

	September 30
Balance Sheet location:	2020		2019
Other Assets:
MVP	$	57,183,063	$	47,055,426
Southgate	359,742		320,033
Investment in unconsolidated affiliates	$	57,542,805	$	47,375,459
Current Liabilities:
MVP	$	2,501,883	$	4,958,260
Southgate	10,554		66,564
Capital contributions payable	$	2,512,437	$	5,024,824

	Years ended September 30
Income Statement location:	2020		2019
Equity in earnings of unconsolidated affiliate	$	4,814,874	$	3,020,348

	September 30
	2020		2019
Undistributed earnings, net of income taxes, of MVP in retained earnings	$	6,842,702	$	3,267,176

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

	September 30
	2020		2019
Cash investment	$	7,864,859	$	20,965,907
Change in accrued capital calls	(2,512,387)		(5,117,942)
Equity in earnings of unconsolidated affiliate	4,814,874		3,020,348
Change in investment in unconsolidated affiliates	$	10,167,346	$	18,868,313

Summary Unaudited Financial Statements - Equity Method Investment

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

	Income Statements
	Years Ended September 30,
	2020		2019
AFUDC	$	479,586,911	$	295,430,776
Net Other Income	714,128		5,655,644
Net Income	$	480,301,039	$	301,086,420

	Balance Sheets
	September 30
	2020		2019
Assets:
Current Assets	$	513,713,429	$	485,323,892
Construction Work in Progress	5,536,248,668		4,675,267,389
Other Assets	4,597,441		13,190,816
Total Assets	$	6,054,559,538	$	5,173,782,097
Liabilities and Equity:
Current Liabilities	$	187,581,804	$	466,776,233
Noncurrent Liabilities	245,000		—
Capital	5,866,732,734		4,707,005,864
Total Liabilities and Equity	$	6,054,559,538	$	5,173,782,097