XML 32 R21.htm IDEA: XBRL DOCUMENT v3.24.3
LEASES (Tables)
9 Months Ended
Sep. 30, 2024
Leases [Abstract]  
Schedule of Lease Cost and Information

The following tables provide lease cost and other lease information:

 

   Nine Months Ended   Nine Months Ended 
   September 30, 2024   September 30, 2023 
Lease Cost          
Operating lease cost - Vineyards  $344,346   $344,346 
Operating lease cost - Other   743,321    659,947 
Short-term lease cost   28,543    29,453 
Total lease cost  $1,116,210   $1,033,746 
           
Other Information          
           
Cash paid for amounts included in the measurement of lease liabilities          
Operating cash flows from operating leases - Vineyard  $346,662   $342,607 
Operating cash flows from operating leases - Other  $658,272   $620,158 
Weighted-average remaining lease term - Operating leases in years   15.19    10.31 
Weighted-average discount rate - Operating leases   7.90%   5.49%
Schedule of Maturities of Lease Liabilities

As of September 30, 2024, maturities of lease liabilities were as follows: 

 

 

   Operating 
Years Ended December 31,  Leases 
2024  $335,244 
2025   1,326,705 
2026   1,299,824 
2027   1,354,008 
2028   1,339,747 
Thereafter   14,912,964 
Total minimal lease payments   20,568,492 
Less present value adjustment   (9,050,065)
Operating lease liabilities   11,518,427 
Less current lease liabilities   (471,642)
Lease liabilities, net of current portion  $11,046,785