Property and Equipment

12 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3:  Property and Equipment

At September 30, 2019 and 2018, property and equipment included the following:

	2019		2018
Land	$	10,394,746	$	10,394,746
Building and resort improvements		11,342,501		11,342,501
Furniture, fixtures, equipment and leasehold improvements		703,255		677,268
Transportation equipment		768,755		709,115
Construction in progress		1,321,095		325,489
		24,530,352		23,449,119
Less accumulated depreciation		(9,215,393)		(8,842,030)
	$	15,314,959	$	14,607,089

Depreciation and amortization expense was $427,413 and $431,280 for the years ended September 30, 2019 and 2018, respectively.

At September 30, 2019 and 2018 the cost of assets under capital lease was $398,770 and $374,171, respectively, and related accumulated amortization was $201,335 and $196,397, respectively.  Depreciation expense on assets under capital lease was $60,761 and $49,061 for the years ended September 30, 2019 and 2018, respectively.