Property, Buildings and Equipment

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property, Buildings and Equipment

Note 3. Property, Buildings and Equipment

	March 31, 2017 (Unaudited)			December 31, 2016
Land and land improvements	$	8,458,554		$	8,458,554
Buildings and recreational facilities		31,947,870			31,942,695
Machinery and equipment		20,891,843			20,836,945
Construction in progress		481,996			481,816
		61,780,263			61,720,010
Less accumulated depreciation		(42,988,103	)		(42,496,099	)
	$	18,792,160		$	19,223,911

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