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Pismo Coast Village Recreational Vehicle Resort and Related Assets

12 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3 – Pismo Coast Village Recreational Vehicle Resort and Related Assets

At September 30, 2013 and 2012, property and equipment included the following:

	2013		2012

Land	$	9,957,263	$	9,957,263
Building and park improvements		10,691,168		10,272,349
Furniture, fixtures, equipment and leasehold improvements		476,623		449,226
Transportation equipment		459,718		457,989
Construction in progress		69,240		62,027
Property and Equipment, Gross		21,654,012		21,198,854
Less: accumulated depreciation		(7,284,448)		(6,971,553)
Property and Equipment, Net	$	14,369,564	$	14,227,301

Depreciation expense for 2013 and 2012 was $343,930 and $316,068, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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