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Note 5 - Other Investments (Tables) | 9 Months Ended
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Jun. 30, 2024
Notes Tables |
Investment [Table Text Block] |
Balance Sheet location: |  | June 30, 2024 |  |  | September 30, 2023 |
Other Assets: |  |  |  |  |  |  |  |
MVP |  | $ | 20,076,299 |  |  | $ | 17,096,476 |
Southgate |  |  | 99,360 |  |  |  | 90,617 |
Investment in unconsolidated affiliates |  | $ | 20,175,659 |  |  | $ | 17,187,093 |
|  | Three Months Ended June 30, |  |  | Nine Months Ended June 30, |
Income Statement location: |  |  | 2024 |  |  |  | 2023 |  |  |  | 2024 |  |  |  | 2023 |
Equity in earnings of unconsolidated affiliate |  | $ | 282,604 |  |  | $ | 519,482 |  |  | $ | 2,979,823 |  |  | $ | 523,581 |
|  | June 30, 2024 |  |  | September 30, 2023 |
Undistributed earnings, net of income taxes, of MVP in retained earnings, excluding impairment |  | $ | 11,896,616 |  |  | $ | 9,683,797 |
|  | Nine Months Ended June 30, |
|  | 2024 |  |  | 2023 |
Cash investment |  | $ | 8,743 |  |  | $ | 2,132,679 |
Change in accrued capital calls |  |  | — |  |  |  | (803,998 | )
Equity in earnings of unconsolidated affiliate |  |  | 2,979,823 |  |  |  | 523,581 |
Change in investment in unconsolidated affiliates |  | $ | 2,988,566 |  |  | $ | 1,852,262 |
Equity Method Investments [Table Text Block] |
|  | Income Statements |
|  | Three Months Ended June 30, |  |  | Nine Months Ended June 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Revenue |  | $ | 3,723,469 |  |  | $ | — |  |  | $ | 3,723,469 |  |  | $ | — |
Operating expenses |  |  | (10,822,325 | ) |  |  | — |  |  |  | (10,822,325 | ) |  |  | — |
AFUDC |  |  | 38,815,497 |  |  |  | 49,744,717 |  |  |  | 343,916,298 |  |  |  | 49,744,717 |
Other income, net |  |  | 1,899,904 |  |  |  | 304,093 |  |  |  | 7,799,966 |  |  |  | 723,805 |
Net income |  | $ | 33,616,545 |  |  | $ | 50,048,810 |  |  | $ | 344,617,408 |  |  | $ | 50,468,522 |
|  | Balance Sheets |
|  | June 30, 2024 |  |  | September 30, 2023 |
Assets: |  |  |  |  |  |  |  |
Current assets |  | $ | 181,484,706 |  |  | $ | 795,787,358 |
Construction work in progress |  |  | — |  |  |  | 7,499,128,254 |
Property, plant and equipment, net |  |  | 9,416,489,036 |  |  |  | — |
Other assets |  |  | 13,944,447 |  |  |  | 11,639,586 |
Total assets |  | $ | 9,611,918,189 |  |  | $ | 8,306,555,198 |
Liabilities and Equity: |  |  |  |  |  |  |  |
Current liabilities |  | $ | 218,689,919 |  |  | $ | 236,947,158 |
Noncurrent liabilities |  |  | 32,500 |  |  |  | — |
Capital |  |  | 9,393,195,770 |  |  |  | 8,069,608,040 |
Total liabilities and equity |  | $ | 9,611,918,189 |  |  | $ | 8,306,555,198 |

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