Property and equipment consist of the following:
| December 31, | ||||||||
| 2016 | 2015 | |||||||
| Buildings | $ | 2,911,847 | $ | 3,305,715 | ||||
| Real estate development | 930,671 | 939,551 | ||||||
| Land | 386,794 | 481,431 | ||||||
| Furniture and fixtures | 441,944 | 508,642 | ||||||
| Vineyards | 358,868 | 442,707 | ||||||
| Machinery and equipment | 563,703 | 562,551 | ||||||
| Leasehold improvements | 164,375 | 164,375 | ||||||
| Computer hardware and software | 75,105 | 82,043 | ||||||
| 5,833,307 | 6,487,015 | |||||||
| Less: Accumulated depreciation and amortization | ||||||||
| (1,861,574 | ) | (2,032,046 | ) | |||||
| Property and equipment, net | $ | 3,971,733 | $ | 4,454,969 | ||||