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Note 6 - Other Investments (Tables) | 6 Months Ended
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Mar. 31, 2022
Notes Tables |
Investment [Table Text Block] |
Balance Sheet location: |  | March 31, 2022 |  |  | September 30, 2021 |
Other Assets: |  |  |  |  |  |  |  |
MVP |  | $ | 27,237,888 |  |  | $ | 64,462,194 |
Southgate |  |  | 83,363 |  |  |  | 405,125 |
Investment in unconsolidated affiliates |  | $ | 27,321,251 |  |  | $ | 64,867,319 |
Current Liabilities: |  |  |  |  |  |  |  |
MVP |  | $ | 772,601 |  |  | $ | 2,139,696 |
Southgate |  |  | 489 |  |  |  | 941 |
Capital contributions payable |  | $ | 773,090 |  |  | $ | 2,140,637 |
|  | Three Months Ended |  |  | Six Months Ended |
Income Statement location: |  | March 31, 2022 |  |  | March 31, 2021 |  |  | March 31, 2022 |  |  | March 31, 2021 |
Equity in earnings (loss) of unconsolidated affiliate |  | $ | (445 | ) |  | $ | (3,797 | ) |  | $ | 71,682 |  |  | $ | 1,352,886 |
|  | March 31, 2022 |  |  | September 30, 2021 |
Undistributed earnings, net of income taxes, of MVP in retained earnings |  | $ | 8,134,259 |  |  | $ | 8,081,027 |
|  | Six Months Ended |
|  | March 31, 2022 |  |  | March 31, 2021 |
Cash investment |  | $ | 3,572,011 |  |  | $ | 2,720,008 |
Change in accrued capital calls |  |  | (1,367,548 | ) |  |  | (1,071,205 | )
Pre-tax impairment |  |  | (39,822,213 | ) |  |  | — |
Equity in earnings of unconsolidated affiliate |  |  | 71,682 |  |  |  | 1,352,886 |
Change in investment in unconsolidated affiliates |  | $ | (37,546,068 | ) |  | $ | 3,001,689 |
Equity Method Investments [Table Text Block] |
|  | Income Statements |
|  | Three Months Ended |  |  | Six Months Ended |
|  | March 31, 2022 |  |  | March 31, 2021 |  |  | March 31, 2022 |  |  | March 31, 2021 |
AFUDC |  | $ | — |  |  | $ | — |  |  | $ | 6,883,069 |  |  | $ | 133,757,314 |
Other income (expense), net |  |  | 9,245 |  |  |  | 5,514 |  |  |  | (35,818 | ) |  |  | (47,094 | )
Net income |  | $ | 9,245 |  |  | $ | 5,514 |  |  | $ | 6,847,251 |  |  | $ | 133,710,220 |
|  | Balance Sheets |
|  | March 31, 2022 |  |  | September 30, 2021 |
Assets: |  |  |  |  |  |  |  |
Current assets |  | $ | 118,201,286 |  |  | $ | 208,961,113 |
Construction work in progress |  |  | 6,514,077,686 |  |  |  | 6,281,991,035 |
Other assets |  |  | 1,190,042 |  |  |  | 980,410 |
Total assets |  | $ | 6,633,469,014 |  |  | $ | 6,491,932,558 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Current liabilities |  | $ | 146,102,517 |  |  | $ | 200,441,027 |
Noncurrent liabilities |  |  | 45,000 |  |  |  | 13,000 |
Capital |  |  | 6,487,321,497 |  |  |  | 6,291,478,531 |
Total liabilities and equity |  | $ | 6,633,469,014 |  |  | $ | 6,491,932,558 |

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