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PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

 

Property and equipment consists of the following at December 31, 2021 and 2020:

 

Schedule of Property and Equipment, Net

   December 31,   December 31, 
   2021   2020 
         
Construction in progress  $14,556,807   $6,553,803 
Land, improvements and other buildings   12,850,316    11,787,334 
Winery buildings and hospitality center   17,791,684    17,694,466 
Equipment   15,960,178    14,392,923 
           
Property and equipment, gross   61,158,985    50,428,526 
           
Less accumulated depreciation   (20,562,850)   (18,941,670)
           
Property and equipment, net  $40,596,135   $31,486,856 

 

Depreciation expense was $1,645,471 and $1,614,665 during the years ended December 31, 2021 and 2020, respectively.