v3.25.4
Note 3 - Land, Buildings and Equipment
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

3.    LAND, BUILDINGS AND EQUIPMENT

 

Land, buildings and equipment, at cost, consist of the following at December 31, 2025 and 2024:

 

  

2025

  

2024

 

Land

 $2,835,655  $2,835,655 

Buildings and building improvements

  63,087,702   55,620,120 

Furniture and equipment

  21,557,113   21,102,057 

Construction in progress

  2,011,560   6,586,250 
   89,492,030   86,144,082 

Accumulated depreciation

  (37,927,590)  (35,101,094)

Total land, buildings, and equipment, net

 $51,564,440  $51,042,988 

 

The Company has included land held for development as a separate line on the consolidated balance sheet. This represents land owned for potential real estate development and totaled $2,659,257 and $2,183,930 as of  December 31, 2025 and 2024, respectively.