Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS (Parenthetical)

v3.23.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Jun. 30, 2020
Jan. 27, 2015
Property, plant, and equipment, after accumulated depreciation $ 438,593,056 $ 441,213,095 $ 437,328,908 $ 443,457,382 $ 438,249,633 $ 445,250,237 $ 440,148,967 $ 441,430,193    
Leased property, accumulated depreciation 268,522   278,838 237,579 289,154 247,893 299,463 258,207    
Reserve for financing notes and related accrued interest receivable 600,000 600,000 600,000 600,000 600,000 600,000 600,000 600,000    
Cash and cash equivalents 11,242,124 17,661,114 16,331,670 17,147,222 20,648,642 14,680,067 17,830,482 11,540,576    
Accounts and other receivables 12,954,640 15,275,036 12,571,130 14,389,085 10,609,744 14,573,047 14,164,525 15,367,389    
Due from affiliates 169,968 827,264 231,105 1,163,633 94,994 953,806 167,743 676,825    
Deferred costs, accumulated amortization 440,986   536,197 155,353 631,408 250,564 726,619 345,775    
Inventory 3,968,235 1,795,688 4,540,818 1,625,464 6,004,037 3,342,111 5,950,051 3,953,523    
Prepaid expense and other assets 7,795,241 8,424,488 7,240,815 10,939,625 5,699,079 10,550,792 9,478,146 9,075,043    
Operating lease right-of-use asset 5,730,264 6,175,414 5,374,148 5,914,710 5,082,028 6,433,505 4,722,361 6,075,939    
Debt issuance costs 1,122,820 1,732,515 970,395 1,580,091 817,972 1,427,667 665,547 1,275,244 $ 132,000  
Unamortized discount and debt issuance costs 2,219,745 2,877,445 2,055,320 2,713,020 1,890,895 2,548,595        
Accounts payable and other accrued liabilities 10,942,452 16,731,828 15,980,616 20,232,095 18,469,049 20,489,468 26,316,216 16,080,162    
Due to affiliated companies 423,491 2,053,170 343,105 979,603 276,428 765,228 209,750 648,316    
Operating lease liability 5,388,922 5,800,866 5,138,409 5,651,002 4,951,891 6,281,014 4,696,410 6,046,657    
Unearned revenue $ 5,885,621 $ 6,294,359 $ 6,120,397 $ 6,147,990 $ 5,990,897 $ 6,001,622 $ 5,948,621 $ 5,839,602    
Preferred stock, par value (in dollars per share)             $ 0.001      
Preferred stock, shares authorized             69,367,000,000,000      
Preferred stock, shares outstanding             51,810      
Common stock, par value (in dollars per share)   $ 0.001                
Common stock, shares issued   13,651,521                
Common stock, shares outstanding   13,651,521                
Common stock, shares authorized   100,000,000                
Series A Cumulative Redeemable Preferred Stock                    
Preferred stock interest rate 7.375% 7.375% 7.375% 7.375% 7.375% 7.375% 7.375% 7.375%    
Preferred stock, liquidation preference $ 129,525,675 $ 125,270,350 $ 129,525,675 $ 125,270,350 $ 129,525,675 $ 129,525,675 $ 129,525,675 $ 129,525,675    
Preferred stock, liquidation preference (in dollars per share) $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500 $ 2,500    
Preferred stock, par value (in dollars per share) $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001    
Preferred stock, shares authorized               69,367,000    
Preferred stock, shares issued 51,810 50,108 51,810 50,108 51,810 51,810 51,810 51,810   22,500
Preferred stock, shares outstanding 51,810 50,108 51,810 50,108 51,810 51,810 51,810 51,810    
Common stock, par value (in dollars per share)             $ 0.001      
Non-Convertible Common Stock                    
Common stock, par value (in dollars per share) $ 0.001   $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001 $ 0.001    
Common stock, shares issued 14,960,628   15,060,857 13,673,326 15,176,911 14,866,799 15,253,958 14,893,184    
Common stock, shares outstanding 14,960,628   15,060,857 13,673,326 15,176,911 14,866,799 15,253,958 14,893,184    
Common stock, shares authorized 100,000,000   100,000,000 100,000,000 100,000,000 100,000,000 100,000,000 100,000,000    
Common Class B                    
Common stock, par value (in dollars per share) $ 0.001   $ 0.001   $ 0.001 $ 0.001 $ 0.001 $ 0.001    
Common stock, shares issued 683,761   683,761   683,761 683,761 683,761 683,761    
Common stock, shares outstanding 683,761   683,761   683,761 683,761 683,761 683,761    
Common stock, shares authorized 11,896,100   11,896,100   11,896,100 11,896,100 11,896,100 11,896,100    
Convertible Debt                    
Unamortized discount and debt issuance costs             $ 1,726,470 $ 2,384,170    
VIE                    
Property, plant, and equipment, after accumulated depreciation $ 336,342,641 $ 335,865,029 $ 335,765,423 $ 338,930,724 $ 337,470,077 $ 341,422,699 340,205,058 338,452,392    
Cash and cash equivalents 3,264,738   1,759,070 2,989,319 2,009,787 3,717,809 1,874,319 2,825,902    
Accounts and other receivables 8,871,936 10,828,844 8,577,791 11,434,113 7,654,757 11,426,137 10,343,769 11,291,749    
Due from affiliates 169,968 827,264 231,105 1,163,633 94,994 953,806 167,743 676,825    
Inventory 3,829,532 1,690,158 4,387,216 1,512,398 5,859,262 3,229,161 5,804,776 3,839,865    
Prepaid expense and other assets 5,176,012 6,313,679 3,931,105 4,018,467 3,946,389 5,159,383 3,414,372 5,004,566    
Operating lease right-of-use asset 5,357,343 6,097,344 5,057,314 5,844,591 4,755,606 5,950,501 4,452,210 5,647,631    
Accounts payable and other accrued liabilities 7,686,258 13,046,352 9,854,951 11,454,583 13,819,708 14,005,086 16,889,980 10,699,806    
Due to affiliated companies 423,491 1,637,540 343,105 979,603 276,428 765,228 209,750 648,316    
Operating lease liability 5,044,501 5,752,045 4,849,887 5,609,946 4,653,594 5,826,885 4,454,196 5,647,036    
Unearned revenue 205,790 $ 315,000 205,790 315,000 205,790 315,000 203,725 199,405    
Property, Plant and Equipment, Other Types                    
Property, plant, and equipment, accumulated depreciation $ 40,964,057   $ 44,870,127 $ 28,973,654 $ 48,864,283 $ 32,592,641 $ 52,908,191 $ 37,022,035