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SUBSEQUENT EVENTS (Detail Textuals) (Subsequent Event, Land Lease Agreement, USD $)
In Millions, unless otherwise specified |
2 Months Ended |
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Feb. 26, 2013
acre
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| Subsequent Event [Line Items] | |
| Area of land of Parcel Purchase Option | 4 |
| Reduction in exercise price if both the options exercised | $ 2.0 |
| Purchase price of "Purchase Option" of land leases | 15.5 |
| Retained interest in percentages of net income | 3.00% |
| Land Purchase Options Condition Description | If there is no change in ownership, the purchase price will be $15.5 million, less $2.0 million if the 4 Acre Parcel Purchase Option has been previously exercised, plus a retained interest in Silver Slipper operations of 3% of net income.In the event that we sell or transfer substantially all of the assets of or ownership in Silver Slipper, then the purchase price will increase to $17.0 million. |
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Silver Slipper Casino Venture, LLC
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| Subsequent Event [Line Items] | |
| Area of land of Parcel Purchase Option | 4 |
| Reduction in exercise price if both the options exercised | 2.0 |
| Purchase price of "Purchase Option" of land leases | 15.5 |
| Retained interest in percentages of net income | 3.00% |
| Land Purchase Options Condition Description | If there is no change in ownership, the purchase price will be $15.5 million, less $2.0 million if the 4 Acre Parcel Purchase Option has been previously exercised, plus a retained interest in Silver Slipper operations of 3% of net income.In the event that we sell or transfer substantially all of the assets of or ownership in Silver Slipper, then the purchase price will increase to $17.0 million. |
| Increase of purchase price | $ 17 |
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- Definition
Represents additional retained interest in operations as a percentages of net income as a result of combine exercise of both the purchase options. No definition available.
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- Definition
Amount represents the event that conpany sell or transfer substantially all of the assets of or ownership in Silver Slipper, then the purchase price will increase. No definition available.
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- Definition
Describes conditions of contracts, agreements and arrangements that give the entity unilateral rights to purchase the land covered by the option for a specified period of time. No definition available.
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- Definition
Represents reduction in exercise price if Purchase Option and 4 Acre Parcel Purchase Option is exercised. No definition available.
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- Definition
Area of land subject to a ground lease. No definition available.
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- Definition
Carrying amount of an option or options to acquire real property. No definition available.
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- Details
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