5. DEBT	6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]
NOTE 5. DEBT	Line of Credit Facility – In December of 2005 the Company entered into a revolving line of credit agreement with Umpqua Bank that allows borrowings of up to $2,000,000 against eligible accounts receivable and inventories as defined in the agreement. The revolving line bears interest at prime, is payable monthly, and is subject to annual renewal. In June of 2018, the Company renewed the credit agreement until July 31, 2019. The interest rate was 4.00% at June 30, 2018 and December 31, 2017. At June 30, 2018 and December 31, 2017 there was no outstanding balance on this revolving line of credit. Notes payable –In March of 2017 the Company purchased approximately 45 acres of farmland in the Walla Walla AVA under terms that included paying one third of the price upon closing, one third on March 15, 2018 and one third on March 15, 2019. As of June 30, 2018 the Company had a balance of $137,666 due on this note. As of December 31, 2017 the Company had a balance due of $275,333. No interest accrues under the terms of this note. In February of 2017 the Company purchased property, including vineyard land, bare land and structures in the Dundee Hills AVA under terms that included a 15 year note payable with quarterly payments of $42,534 at 6%. The note may be called by the owner, up to the outstanding balance, with 180 days written notice. As of June 30, 2018 the Company had a balance of $1,585,305 due on this note. As of December 31, 2017 the Company had a balance of $1,621,986 due on this note. Long Term Debt –The Company has two long term debt agreements with Farm Credit Services with an aggregate outstanding balance of $7,011,777 and $7,202,727 as of June 30, 2018 and December 31, 2017. These loans require monthly principal and interest payments of $62,067 for the life of the loans, at annual fixed interest rates of 4.75% and 5.21%, and with maturity dates of 2028 and 2032. The general purposes of these loans were to make capital improvements to the winery and vineyard facilities. The Company has an outstanding loan with Toyota Credit Corporation maturing in February 2021, at zero interest, with an outstanding balance of $29,643 and $35,381 as of June 30, 2018 and December 31, 2017, respectively. The purpose of this loan was to purchase a vehicle. As of June 30, 2018 the Company had unamortized debt issuance costs of $178,849. As of December 31, 2017 the Company had unamortized debt issuance costs of $185,472

5. DEBT

6 Months Ended

Jun. 30, 2018

Line of Credit Facility – In December of 2005 the Company entered into a revolving line of credit agreement with Umpqua Bank that allows borrowings of up to $2,000,000 against eligible accounts receivable and inventories as defined in the agreement. The revolving line bears interest at prime, is payable monthly, and is subject to annual renewal. In June of 2018, the Company renewed the credit agreement until July 31, 2019. The interest rate was 4.00% at June 30, 2018 and December 31, 2017. At June 30, 2018 and December 31, 2017 there was no outstanding balance on this revolving line of credit.

Notes payable –In March of 2017 the Company purchased approximately 45 acres of farmland in the Walla Walla AVA under terms that included paying one third of the price upon closing, one third on March 15, 2018 and one third on March 15, 2019. As of June 30, 2018 the Company had a balance of $137,666 due on this note. As of December 31, 2017 the Company had a balance due of $275,333. No interest accrues under the terms of this note.

In February of 2017 the Company purchased property, including vineyard land, bare land and structures in the Dundee Hills AVA under terms that included a 15 year note payable with quarterly payments of $42,534 at 6%. The note may be called by the owner, up to the outstanding balance, with 180 days written notice. As of June 30, 2018 the Company had a balance of $1,585,305 due on this note. As of December 31, 2017 the Company had a balance of $1,621,986 due on this note.

Long Term Debt –The Company has two long term debt agreements with Farm Credit Services with an aggregate outstanding balance of $7,011,777 and $7,202,727 as of June 30, 2018 and December 31, 2017. These loans require monthly principal and interest payments of $62,067 for the life of the loans, at annual fixed interest rates of 4.75% and 5.21%, and with maturity dates of 2028 and 2032. The general purposes of these loans were to make capital improvements to the winery and vineyard facilities.

The Company has an outstanding loan with Toyota Credit Corporation maturing in February 2021, at zero interest, with an outstanding balance of $29,643 and $35,381 as of June 30, 2018 and December 31, 2017, respectively. The purpose of this loan was to purchase a vehicle.

As of June 30, 2018 the Company had unamortized debt issuance costs of $178,849. As of December 31, 2017 the Company had unamortized debt issuance costs of $185,472