PROPERTY AND EQUIPMENT

9 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 3:   PROPERTY AND EQUIPMENT

At June 30, 2022, September 30, 2021, and June 30, 2021, property and equipment included the following:

	June 30, 2022		September30,         2021		June 30, 2021
Land	$	10,394,747	$	10,394,747	$	10,394,746
Building and resort improvements	$	13,174,591	$	13,185,090	$	11,349,249
Furniture, fixtures, equipment, and leasehold improvements	$	842,865	$	777,074	$	679,303
Transportation equipment	$	808,080	$	794,974	$	801,469
Construction in progress	$	87,589	$	87,589	$	1,923,431
	$	25,307,872	$	25,239,474	$	25,148,198
Less accumulated depreciation		(10,334,280)		(9,976,930)		(9,854,183)
	$	14,973,592	$	15,262,544	$	15,294,015

Depreciation and amortization expense was $357,350 and $321,084 for the nine months ended June 30, 2022 and 2021, respectively, and $118,263 and $122,516 for the three months ended June 30, 2022 and 2021, respectively.

At June 30, 2022, September 30, 2021, and June 30, 2021, the cost of assets under capital lease was $405,819, $405,819, and $405,819, respectively, and related accumulated amortization was $315,151, $267,393 and $251,139, respectively.  Amortization expense on assets under capital lease was $47,758, and $54,148 for the nine months ended June 30, 2022 and 2021, respectively, and $15,919 and $16,257 for the three months ended June 30, 2022 and 2021, respectively.