NOTES PAYABLE (Details Narrative) |
12 Months Ended | ||||
|---|---|---|---|---|---|
|
Oct. 26, 2015
USD ($)
|
Oct. 31, 2011
USD ($)
|
Oct. 31, 2011
GBP (£)
|
Dec. 31, 2015
USD ($)
|
Dec. 31, 2015
GBP (£)
|
|
| Debt Instrument [Line Items] | |||||
| Note payable, Frequency of periodic payment | monthly | monthly | |||
| Promissory note payable, total | $ 22,680,000 | ||||
| Acquired promissory notes | $ 22,200,000 | ||||
| Percentage of notes payable due to PTG | 90.00% | 90.00% | |||
| Notes payable, Repayment terms | In the event future monthly revenue received by us from the PTG Assets is less than 90% of the notes monthly payment due to Prime Table Games, then the note payments at our option, may be adjusted to the higher of $100,000 per month (for Prime Table Games, LLC) and £64,000 per month (for Prime Table Games UK) or 90% of the monthly revenue amount generated from the PTG Assets. If we engage in this payment adjustment election, the note shall not be deemed in default and the interest rate of the note will increase 2% per annum for the duration of the note or until the standard payment schedule resumes. | In the event future monthly revenue received by us from the PTG Assets is less than 90% of the notes monthly payment due to Prime Table Games, then the note payments at our option, may be adjusted to the higher of $100,000 per month (for Prime Table Games, LLC) and £64,000 per month (for Prime Table Games UK) or 90% of the monthly revenue amount generated from the PTG Assets. If we engage in this payment adjustment election, the note shall not be deemed in default and the interest rate of the note will increase 2% per annum for the duration of the note or until the standard payment schedule resumes. | |||
| Prime Table Games UK and LLC | |||||
| Debt Instrument [Line Items] | |||||
| Promissory note payable, total | 23,000,000 | ||||
| Fair value of the notes payable | 20,670,000 | ||||
| Prime Table Games UK and LLC | |||||
| Debt Instrument [Line Items] | |||||
| Increase in interest rate | 2.00% | 2.00% | |||
| Notes Payable | Prime Table Games LLC | |||||
| Debt Instrument [Line Items] | |||||
| Promissory note payable | $ 12,200,000 | $ 12,200,000 | |||
| Payment of notes made at option, adjusted amount per month | 100,000 | ||||
| Notes Payable | Prime Table Games UK | |||||
| Debt Instrument [Line Items] | |||||
| Promissory note payable | £ 6,400,000 | 10,000,000 | |||
| Payment of notes made at option, adjusted amount per month | £ | £ 64,000 | ||||
| Notes Payable | Carpathia Associates L L C | |||||
| Debt Instrument [Line Items] | |||||
| Monthly principal and interest payments | $ 9,159 | ||||
| Fixed interest rate | 7.30% | ||||
| Balloon payment | $ 1,003,000 | ||||
| Promissory Note | Robert Saucier | |||||
| Debt Instrument [Line Items] | |||||
| Repayment of loan | $ 500,000 | ||||
| Related party transaction, terms and manner of settlement | Under the terms of the note payable, $590,000 shall be due on or before October 26, 2016, unless we pay Mr. Saucier $535,000 on or before April 26, 2016, in which case we will have fulfilled all of our obligations under the note. | Under the terms of the note payable, $590,000 shall be due on or before October 26, 2016, unless we pay Mr. Saucier $535,000 on or before April 26, 2016, in which case we will have fulfilled all of our obligations under the note. | |||
| Promissory Note | Robert Saucier | Loan Repayment Scenario One | |||||
| Debt Instrument [Line Items] | |||||
| Due to related party | 590,000 | ||||
| Promissory Note | Robert Saucier | Loan Repayment Scenario Two | |||||
| Debt Instrument [Line Items] | |||||
| Due to related party | $ 535,000 | ||||