XML 38 R24.htm IDEA: XBRL DOCUMENT

DEBT (Tables)

3 Months Ended

Dec. 31, 2020


	December 2020		September 2020
Real Estate Loan, interest payable at a fixed rate of 3.625% with monthly installments of principal and interest of $47,399 through February 2025 with remaining principal due March 2025, collateralized by three distribution facilities	$	4,765,058	$	1,866,231
Note payable, interest payable at a fixed rate of 4.50% with quarterly installments of principal and interest of $49,114 through June 2023 with remaining principal due September 2023		1,224,467		1,259,413
		5,989,525		3,125,644
Less current maturities		(512,344)		(516,850)
	$	5,477,181	$	2,608,794

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details