XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.2
LEASES (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Schedule of Lease Cost and Other Lease Information

The following tables provide lease cost and other lease information:

 

LEASES
   Three Months Ended   Six Months Ended 
   June 30, 2021   June 30, 2021 
Lease Cost          
Operating lease cost - Vineyards  $114,782   $229,564 
Operating lease cost - Other   38,224    76,448 
Short-term lease cost   7,286    16,048 
           
Total lease cost  $160,292   $322,060 
           
Other Information          
Cash paid for amounts included in the measurement of lease liabilities          
Operating cash flows from operating leases - Vineyard  $111,469   $222,536 
Operating cash flows from operating leases - Other  $38,238   $76,476 
Weighted-average remaining lease term - Operating leases in years   14.77    14.77 
Weighted-average discount rate - Operating leases   5.71%   5.71%
Schedule of Maturities of Lease Liabilities

As of June 30, 2021, maturities of lease liabilities were as follows:

 

LEASES (Details 2)
   Operating 
Years Ended December 31,  Leases 
2021 remainder of period  $283,813 
2022   558,165 
2023   539,341 
2024   544,752 
2025   476,760 
Thereafter   4,748,051 
Total minimal lease payments   7,150,882 
Less present value adjustment   (2,450,723)
Operating lease liabilities   4,700,159 
Less current lease liabilities   (310,428)
Lease liabilities, net of current portion  $4,389,731