v3.26.1
SCHEDULE OF CARRYING VALUE OF ASSETS AND LIABILITIES OF CONSOLIDATED VARIABLE INTEREST ENTITIES (Details) - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
ASSETS      
Cash $ 41,306,358 $ 37,969,454  
Property and equipment, net 305,947,277 137,215,936  
Total assets 370,555,035 178,417,515  
LIABILITIES      
Other long-term liabilities 58,875,789 25,635,031  
Total liabilities 171,703,684 47,600,277  
Stockholders’ Equity & NCI 188,726,351 130,817,238 $ 61,979,685
Total liabilities and stockholders’ equity 370,555,035 178,417,515  
Variable Interest Entity, Primary Beneficiary [Member]      
ASSETS      
Cash 9,790,903 20,629,195  
Property and equipment, net 268,524,071 105,707,504  
Other assets 41,465,517 12,658,338  
Total assets 319,780,491 138,995,037  
LIABILITIES      
Accounts payable 54,554,935 17,027,666  
Accrued expenses and other 26,026,054 3,490,300  
Other long-term liabilities 41,097,878 21,943,289  
Total liabilities 121,678,867 42,461,255  
Stockholders’ Equity & NCI 198,101,624 96,533,782  
Total liabilities and stockholders’ equity 319,780,491 138,995,037  
Variable Interest Entity, Primary Beneficiary [Member] | Bourbon Brothers Presents Colorado [Member]      
ASSETS      
Cash 53,337 260,107  
Property and equipment, net 132,311 40,583  
Other assets 1,062,258 1,191,762  
Total assets 1,247,906 1,492,452  
LIABILITIES      
Accounts payable 45,277 59,419  
Accrued expenses and other 281,692 365,638  
Other long-term liabilities 978,063 1,054,770  
Total liabilities 1,305,032 1,479,827  
Stockholders’ Equity & NCI (57,126) 12,625  
Total liabilities and stockholders’ equity 1,247,906 1,492,452  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Colorado [Member]      
ASSETS      
Cash 362 31,663  
Property and equipment, net 46,992,411 47,620,003  
Other assets 10,000 98,108  
Total assets 47,002,773 47,749,774  
LIABILITIES      
Accounts payable 3,435 95,655  
Accrued expenses and other 760,786 167,047  
Other long-term liabilities 11,963,333  
Total liabilities 764,221 12,226,035  
Stockholders’ Equity & NCI 46,238,552 35,523,739  
Total liabilities and stockholders’ equity 47,002,773 47,749,774  
Variable Interest Entity, Primary Beneficiary [Member] | Hospitality Income & Asset, LLC [Member]      
ASSETS      
Cash 163,403 100,475  
Property and equipment, net 9,466,022 10,277,794  
Other assets 606,150 723,801  
Total assets 10,235,575 11,102,070  
LIABILITIES      
Accounts payable 95,163 34,516  
Accrued expenses and other 507,459 191,565  
Other long-term liabilities 2,879,468 3,305,253  
Total liabilities 3,482,090 3,531,334  
Stockholders’ Equity & NCI 6,753,485 7,570,736  
Total liabilities and stockholders’ equity 10,235,575 11,102,070  
Variable Interest Entity, Primary Beneficiary [Member] | GAHIA [Member]      
ASSETS      
Cash 280,933 212,512  
Property and equipment, net 10,270,541 10,631,874  
Other assets 404,845 186,356  
Total assets 10,956,319 11,030,742  
LIABILITIES      
Accounts payable 4,788 413  
Accrued expenses and other 356,843 14,452  
Other long-term liabilities 3,901,428 4,190,509  
Total liabilities 4,263,059 4,205,374  
Stockholders’ Equity & NCI 6,693,260 6,825,368  
Total liabilities and stockholders’ equity 10,956,319 11,030,742  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Hospitality Collection LLC [Member]      
ASSETS      
Cash 508,141 5,723,088  
Property and equipment, net 42,941,425 12,172,841  
Other assets 964,476 349,945  
Total assets 44,414,042 18,245,874  
LIABILITIES      
Accounts payable 629,355 2,669,239  
Accrued expenses and other 515,920 92,112  
Other long-term liabilities 5,937,119  
Total liabilities 7,082,394 2,761,351  
Stockholders’ Equity & NCI 37,331,648 15,484,523  
Total liabilities and stockholders’ equity 44,414,042 18,245,874  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Broken Arrow LLC [Member]      
ASSETS      
Cash 797,593 767,752  
Property and equipment, net 64,726,088 22,745,062  
Other assets 2,738,369  
Total assets 68,262,050 23,512,814  
LIABILITIES      
Accounts payable 28,838,639 13,507,259  
Accrued expenses and other 6,988,928 2,535,164  
Other long-term liabilities 675,000 550,000  
Total liabilities 36,502,567 16,592,423  
Stockholders’ Equity & NCI 31,759,483 6,920,391  
Total liabilities and stockholders’ equity 68,262,050 23,512,814  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Mc Kinney LLC [Member]      
ASSETS      
Cash 2,611,759    
Property and equipment, net 92,234,432    
Other assets 13,976,710    
Total assets 108,822,901    
LIABILITIES      
Accounts payable 24,235,272    
Accrued expenses and other 15,824,951    
Other long-term liabilities 26,701,800    
Total liabilities 66,762,023    
Stockholders’ Equity & NCI 42,060,878    
Total liabilities and stockholders’ equity 108,822,901    
Variable Interest Entity, Primary Beneficiary [Member] | Sunset El Paso LLC [Member]      
ASSETS      
Cash 2,222,234 101,469  
Property and equipment, net 1,629,290 202,483  
Other assets 4,932,073  
Total assets 8,783,597 303,952  
LIABILITIES      
Accounts payable 593,165 76,039  
Accrued expenses and other 531,312  
Other long-term liabilities  
Total liabilities 1,124,477 76,039  
Stockholders’ Equity & NCI 7,659,120 227,913  
Total liabilities and stockholders’ equity 8,783,597 303,952  
Variable Interest Entity, Primary Beneficiary [Member] | Venu Inc [Member]      
ASSETS      
Cash 538,035    
Property and equipment, net    
Other assets 2,704,413    
Total assets 3,242,448    
LIABILITIES      
Accounts payable 14,999    
Accrued expenses and other 30,000    
Other long-term liabilities    
Total liabilities 44,999    
Stockholders’ Equity & NCI 3,197,449    
Total liabilities and stockholders’ equity 3,242,448    
Variable Interest Entity, Primary Beneficiary [Member] | Venu VIP Rides, LLC [Member]      
ASSETS      
Cash 6,343 2,342  
Property and equipment, net  
Other assets 14,476 11,187  
Total assets 20,819 13,529  
LIABILITIES      
Accounts payable 3,652 14,829  
Accrued expenses and other 761  
Other long-term liabilities  
Total liabilities 4,413 14,829  
Stockholders’ Equity & NCI 16,406 (1,300)  
Total liabilities and stockholders’ equity 20,819 13,529  
Variable Interest Entity, Primary Beneficiary [Member] | Notes DST LLC [Member]      
ASSETS      
Cash 169,547 205,922  
Property and equipment, net  
Other assets 6,500,000 11,000  
Total assets 6,669,547 216,922  
LIABILITIES      
Accounts payable 15,000 139,779  
Accrued expenses and other 1,979  
Other long-term liabilities  
Total liabilities 16,979 139,779  
Stockholders’ Equity & NCI 6,652,568 77,143  
Total liabilities and stockholders’ equity 6,669,547 216,922  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Houston [Member]      
ASSETS      
Cash 1,683,056    
Property and equipment, net    
Other assets 7,042,004    
Total assets 8,725,060    
LIABILITIES      
Accounts payable 39,077    
Accrued expenses and other 121,119    
Other long-term liabilities 25,000    
Total liabilities 185,196    
Stockholders’ Equity & NCI 8,539,864    
Total liabilities and stockholders’ equity 8,725,060    
Variable Interest Entity, Primary Beneficiary [Member] | Hall At Centennial LLC [Member]      
ASSETS      
Cash 756,160    
Property and equipment, net 132,744    
Other assets 508,550    
Total assets 1,397,454    
LIABILITIES      
Accounts payable 37,113    
Accrued expenses and other 104,304    
Other long-term liabilities    
Total liabilities 141,417    
Stockholders’ Equity & NCI 1,256,037    
Total liabilities and stockholders’ equity 1,397,454    
Variable Interest Entity, Primary Beneficiary [Member] | Sunset at Mustang Creek, LLC [Member]      
ASSETS      
Cash 1,414,974  
Property and equipment, net 36,724  
Other assets  
Total assets 1,451,698  
LIABILITIES      
Accounts payable  
Accrued expenses and other  
Other long-term liabilities  
Total liabilities  
Stockholders’ Equity & NCI 1,451,698  
Total liabilities and stockholders’ equity 1,451,698  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset Mustang Creek LLC [Member]      
ASSETS      
Cash   11,808,891  
Property and equipment, net   1,980,140  
Other assets   10,086,179  
Total assets   23,875,210  
LIABILITIES      
Accounts payable   430,518  
Accrued expenses and other   124,322  
Other long-term liabilities   879,424  
Total liabilities   1,434,264  
Stockholders’ Equity & NCI   22,440,946  
Total liabilities and stockholders’ equity   23,875,210  
Variable Interest Entity, Primary Beneficiary [Member] | Sunset TN [Member]      
ASSETS      
Cash    
Property and equipment, net    
Other assets    
Total assets    
LIABILITIES      
Accounts payable    
Accrued expenses and other    
Other long-term liabilities    
Total liabilities    
Stockholders’ Equity & NCI    
Total liabilities and stockholders’ equity