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Property, Buildings and Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Buildings and Equipment

Note 4. Property, Buildings and Equipment

 

     September 30,
2018
(Unaudited)
     December 31,
2017
 

Land and land improvements

   $ 8,740,994      $ 8,740,994  

Buildings and recreational facilities

     31,964,694        31,962,963  

Machinery and equipment

     21,626,258        21,178,583  

Construction in progress

     201,499        126,683  
  

 

 

    

 

 

 
     62,533,445        62,009,223  

Less accumulated depreciation

     (45,552,014 )       (44,477,547 ) 
  

 

 

    

 

 

 
   $ 16,981,431      $ 17,531,676  
  

 

 

    

 

 

 

The Company’s property, buildings and equipment are pledged as security for its debt (see Note 5).