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Note 5 - Other Investments (Tables)

9 Months Ended

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

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/320/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 321
-Publisher FASB
-URI https://asc.fasb.org/321/tableOfContent

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
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