Note 3 - Cash and Cash Equivalents and Restricted Cash

12 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

N

OTE

3

.

C

ASH

AND

C

ASH

E

QUIVALENTS

AND 

R

ESTRICTED

C

ASH

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts in the consolidated statements of cash flows:

	September 30, 2019		September 30, 2018
Cash and cash equivalents	$	465,843	$	198,144
Restricted cash		826,219		3,818,805
Total cash, cash equivalents, and restricted cash shown in the cash flow statement	$	1,292,062	$	4,016,949

Amounts included in restricted cash represent those required to be set aside by a contractual agreement with a lender for the payment of specific construction related expenditures as part of the Company’s property development in Massachusetts.