PROPERTY AND EQUIPMENT

9 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3:   PROPERTY AND EQUIPMENT

At June 30, 2020, September 30, 2019, and June 30, 2019, property and equipment included the following:

	June 30, 2020		September 30, 2019		June 30, 2019
Land	$	10,394,746	$	10,394,746	$	10,394,746
Building and resort improvements	$	11,353,001	$	11,342,501	$	11,353,001
Furniture, fixtures, equipment and      leasehold improvements	$	692,755	$	703,255	$	687,354
Transportation equipment	$	869,594	$	768,755	$	768,755
Construction in progress	$	1,782,860	$	1,321,095	$	1,085,233
	$	25,092,956	$	24,530,352	$	24,289,089
Less accumulated depreciation		(9,525,210)		(9,215,393)		(9,108,452)
	$	15,567,746	$	15,314,959	$	15,180,637

Depreciation and amortization expense were $309,817 and $320,472 for the nine months ended June 30, 2020 and 2019, respectively, and $105,117 and $107,848 for the three months ended June 30, 2020 and 2019, respectively.

At June 30, 2020, September 30, 2019, and June 30, 2019, the cost of assets under capital lease was $480,439, $398,770, and $398,770, respectively, and related accumulated amortization was $252,680, $201,335, and $185,128, respectively.  Amortization expense on assets under capital lease was $51,345, and $44,554 for the nine months ended June 30, 2020 and 2019, respectively, and $18,930 and $16,207 for the three months ended June 30, 2020 and 2019, respectively.