XML 19 R4.htm IDEA: XBRL DOCUMENT v3.20.1
STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income        
Income $ 1,649,871 $ 1,758,684 $ 3,467,023 $ 3,572,004
Cost and Expenses        
Operating expenses 1,293,080 1,283,497 2,705,436 2,661,951
Cost of goods sold 105,013 109,829 228,024 231,726
Depreciation 101,602 107,615 204,700 212,624
Total cost and expenses 1,499,695 1,500,941 3,138,160 3,106,301
Income from Operations 150,176 257,743 328,863 465,703
Other Income (Expense)        
Interest/dividend income 500 1,521 1,006 3,052
Interest expense (4,801) (3,385) (10,940) (5,945)
Gain on sale of property and equipment 1,200 1,200
Total other income (expense) (4,301) (664) (9,934) (1,693)
Income Before Provision for Income Tax 145,875 257,079 318,929 464,010
Provision for Income Tax (43,000) (76,380) (94,400) (136,380)
Net Income 102,875 180,699 224,529 327,630
Other Comprehensive Income        
Change in unrealized holding gains on available-for-sale securities, net of change in applicable deferred taxes of $3,400 (11,143) (11,143)
Total other comprehensive income (11,143) (11,143)
Total Comprehensive Income 102,875 180,699 $ 213,386 $ 316,487
Net Income Per Share (in Dollars per share)     $ 126.50 $ 184.58
Total Comprehensive Income Per Share (in Dollars per share)     $ 120.22 $ 178.10
Resort Operations [Member]        
Income        
Income 1,414,658 1,522,592 $ 2,970,510 $ 3,091,405
Retail Operations [Member]        
Income        
Income $ 235,213 $ 236,092 $ 496,513 $ 480,599