Property, Buildings and Equipment

6 Months Ended

Jun. 30, 2016

Property, Plant and Equipment [Abstract]

Property, Buildings and Equipment

Note 3. Property, Buildings and Equipment

	June 30, 2016 (Unaudited)			December 31, 2015
Land and land improvements	$	8,417,431		$	8,417,431
Buildings and recreational facilities		31,323,131			31,230,183
Machinery and equipment		20,652,025			20,017,312
Construction in progress		811,391			926,792
		61,203,978			60,591,718
Less accumulated depreciation		(41,505,039	)		(40,572,557	)
	$	19,698,939		$	20,019,161

The Company’s property, buildings and equipment are pledged as security for its long-term debt (see Note 4).