COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) |
1 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
May 31, 2022 |
Feb. 28, 2022 |
Sep. 30, 2021 |
Feb. 29, 2020 |
Jan. 31, 2019 |
Sep. 30, 2018 |
Jun. 30, 2017 |
Jul. 31, 2008 |
Feb. 28, 2007 |
Dec. 31, 2004 |
Dec. 31, 1999 |
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Tualatin Vineyards [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In December 2004, under a sale-leaseback agreement, the Company sold approximately 75 acres of the Tualatin Vineyards property with a net book value of approximately $551,000 for approximately $727,000 cash and entered into a 15-year operating lease agreement, with three five-year extension options, for the vineyard portion of the property. The first five year extension has been exercised. The lease contains a formula-based escalation provision with a maximum increase of 4% every three years. | In December 1999, under a sale-leaseback agreement, the Company sold approximately 79 acres of the Tualatin Vineyards property with a net book value of approximately $1,000,000 for approximately $1,500,000 cash and entered into a 20-year operating lease agreement, with three five-year extension options, and contains an escalation provision of 2.5% per year. | |||||||||
Sale Leaseback Transaction, Date | December 2004 | December 1999 | |||||||||
Sale Leaseback Transaction, Historical Cost | $ 727,000 | $ 1,500,000 | |||||||||
Sale Leaseback Transaction, Lease Terms | 15 | 20 | |||||||||
Elton Vineyards [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In February 2007, the Company entered into a lease agreement for 59 acres of vineyard land at Elton Vineyards. In June 2021, the Company entered into a new 11 year lease for this property. The lease contains an escalation provision tied to the CPI not to exceed 2% per annum. | ||||||||||
Sale Leaseback Transaction, Date | February 2007 | ||||||||||
Sale Leaseback Transaction, Lease Terms | 11 | ||||||||||
Eola Hills [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In July 2008, the Company entered into a 34-year lease agreement with a property owner in the Eola Hills for approximately 110 acres adjacent to the existing Elton Vineyards site. Terms of this agreement contain rent increases, that rises as the vineyard is developed, and contains an escalation provision of CPI plus 0.5% per year capped at 4%. | ||||||||||
Sale Leaseback Transaction, Date | July 2008 | ||||||||||
Sale Leaseback Transaction, Lease Terms | 34 | ||||||||||
Dundee [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In March 2017, the Company entered into a 25-year lease for approximately 18 acres of agricultural land in Dundee, Oregon. These acres are being developed into vineyards. This lease contains an annual payment that remains constant throughout the term of the lease. | ||||||||||
Sale Leaseback Transaction, Date | March 2017 | ||||||||||
Sale Leaseback Transaction, Lease Terms | 25 | ||||||||||
McMinnville [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In September 2018, the Company renewed an existing lease for three years, with two one-year renewal options, for its McMinnville tasting room. In May 2022 the Company amended the lease to extend the lease to August 2025 with one three year renewal option and defined payments over the term of the lease. | ||||||||||
Sale Leaseback Transaction, Date | September 2018 | ||||||||||
Sale Leaseback Transaction, Lease Terms | three | ||||||||||
Maison Bleue [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Description of Asset(s) | In January 2019, the Company assumed a lease, with four remaining years, for its Maison Bleue tasting room in Walla Walla, Washington. The lease contains fixed payments that increase over the term of the agreement. | ||||||||||
Willamette Wineworks [Member] | |||||||||||
Business Combination, Separately Recognized Transactions [Line Items] | |||||||||||
Sale Leaseback Transaction, Date | May 2022 | February 2022 | September 2021 | February 2020 | |||||||
Sale Leaseback Transaction, Lease Terms | 10 | 10 | 10 | 5 |