Property and Equipment

12 Months Ended

Sep. 30, 2021

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3:  Property and Equipment

At September 30, 2021 and 2020, property and equipment included the following:

	2021		2020
Land	$	10,394,747	$	10,394,747
Building and resort improvements		13,185,090		11,349,248
Furniture, fixtures, equipment and leasehold improvements		777,074		679,303
Transportation equipment		794,974		794,974
Construction in progress		87,589		1,852,022
		25,239,474		25,070,294
Less accumulated depreciation		(9,976,930)		(9,533,099)
	$	15,262,544	$	15,537,195

Depreciation and amortization expense was $443,831 and $414,805 for the years ended September 30, 2021 and 2020, respectively.

At September 30, 2021 and 2020 the cost of assets under capital lease was $405,819 and $405,819, respectively, and related accumulated amortization was $267,393 and $196,991, respectively. Depreciation expense on assets under capital lease was $70,402 and $70,276 for the years ended September 30, 2021 and 2020, respectively.