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3. PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2018

Property And Equipment

Property and Equipment

		September 30, 2018				December 31, 2017
Construction in progress		$	2,814,220			$	1,036,615
Land, improvements and other buildings			10,925,953				10,197,388
Winery building and hospitality center			15,286,053				15,055,935
Equipment			11,882,500				11,221,964
			40,908,726				37,511,902
Accumulated depreciation			(15,410,339	)			(14,310,026	)
Property and equipment, net		$	25,498,387			$	23,201,876

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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