COMMITMENTS AND CONTINGENCIES (Detail Textuals) - Land Lease Agreement - Silver Slipper Casino |
9 Months Ended |
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Sep. 30, 2015
USD ($)
a
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Commitments and Contingencies [Line Items] | |
Lease includes base monthly payments | $ 77,500 |
Percentage of gross gaming revenue | 3.00% |
Gross gaming revenue in excess of | $ 3,650,000 |
Purchase price of "Purchase Option" of land leases | $ 15,500,000 |
Retained interest in percentages of net income | 3.00% |
Retained interest in percentages of net income, term | 10 years |
New purchase price if change in ownership of Silver Slipper | $ 17,100,000 |
Option to purchase four acre portion of leased land | $ 2,000,000 |
Protected Marshland | |
Commitments and Contingencies [Line Items] | |
Area of land of Parcel Purchase Option | a | 31 |
Casino parcel | |
Commitments and Contingencies [Line Items] | |
Area of land of Parcel Purchase Option | a | 7 |
Option to purchase four acre portion of leased land, area | a | 4 |
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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 Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Represents gross gaming revenue. No definition available.
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- Definition Land Subject to Purchase Option No definition available.
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- Definition Represents lease includes base monthly payments. No definition available.
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- Definition This element represents new purchase price if change in ownership of Silver Slipper. No definition available.
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- Definition Represents percentage gross gaming revenue. No definition available.
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- Definition Purchase Options, Land, Retained Interest in Percentage of Net Income, Term No definition available.
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- Definition Represents value of 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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