Note 3 - Land, Buildings and Equipment

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

3.    LAND, BUILDINGS AND EQUIPMENT

Land, buildings and equipment, at cost, consist of the following at December 31, 2024 and 2023:

	2024			2023
Land	$	2,835,655		$	2,878,308
Buildings and building improvements		55,620,120			45,338,216
Furniture and equipment		21,102,057			20,805,643
Construction in progress		6,586,250			6,892,192
		86,144,082			75,914,359
Accumulated depreciation		(35,101,094	)		(33,472,269	)
Total land, buildings, and equipment, net	$	51,042,988		$	42,442,090

The Company has included land held for development as a separate line on the consolidated balance sheet. This represents land owned for potential real estate development and totaled $2,183,930 and $1,756,914 as of  December 31, 2024 and 2023, respectively.