Randolph Acquisitions 10-Q 20 Nov 17 2017 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 15, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q3
Entity Registrant Name	Randolph Acquisitions, Inc.
Entity Central Index Key	1,634,423
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		5,971,765

Condensed Balance Sheets

Condensed Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash	$ 40,332	$ 0
Restricted cash	0	1,712
Accounts receivable	1,800	0
Total Current Assets	42,132	1,712
OTHER ASSETS
Real estate property, net	125,525	126,750
TOTAL ASSETS	167,657	128,462
CURRENT LIABILITIES
Accounts payable and accrued expenses	9,030	0
Deferred revenue	1,100	0
Note payable - related party	72,679	38,942
Note payable, current portion	3,648	4,624
Total Current Liabilities	86,457	43,566
LONG-TERM LIABILITIES
Note payable, non-current portion	120,085	122,126
Total Long-Term Liabilities	120,085	122,126
TOTAL LIABILITIES	206,542	165,692
STOCKHOLDERS' DEFICIT
Preferred stock - 20,000,000 shares authorized, $0.001 par value; zero shares issued and outstanding	0	0
Common stock - 100,000,000 shares authorized, $0.0001 par value; 5,971,765 and 5,500,000 shares issued, and outstanding at September 30, 2017 and December 31, 2016	597	550
Discount on common stock	(550)	(550)
Additional paid-in capital	96,155	1,166
Accumulated deficit	(135,087)	(38,396)
Total Stockholders' Deficit	(38,885)	(37,230)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 167,657	$ 128,462

Condensed Balance Sheets (Paren

Condensed Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2017	Dec. 31, 2016
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	20,000,000	20,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	100,000,000	100,000,000
Common Stock, Shares, Issued	5,971,765	5,500,000
Common Stock, Shares, Outstanding	5,971,765	5,500,000

Condensed Statements of Operati

Condensed Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
REVENUES
Rental income	$ 6,000	$ 0	$ 16,000	$ 0
OPERATING EXPENSES
Professional fees	55,353	12,100	92,240	14,850
Depreciation expense	1,083	0	3,224	0
Rent expense	0	1,950	0	17,550
General and administrative	8,756	0	14,432	0
Total Operating Expenses	65,192	14,050	109,896	32,400
LOSS FROM OPERATIONS	(59,192)	(14,050)	(93,896)	(32,400)
OTHER INCOME (EXPENSES)
Miscellaneous income	0	0	2,901	0
Interest expense	(2,128)	0	(5,696)	0
Total Other Expense	(2,128)	0	(2,795)	0
LOSS BEFORE INCOME TAXES	(61,321)	(14,050)	(96,691)	(32,400)
Provision for income taxes	0	0	0	0
NET LOSS	$ (61,321)	$ (14,050)	$ (96,691)	$ (32,400)
BASIC AND DILUTED LOSS PER SHARE (in dollars per share)	$ (0.0104)	$ (0.003)	$ (0.0166)	$ (0.006)
BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING (in shares)	5,918,057	5,500,000	5,829,455	5,500,000

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
OPERATING ACTIVITIES
Net loss	$ (96,691)	$ (32,400)
Adjustments to Reconcile Net Loss to Net Cash Provided by Operating Activities:
Expenses paid by related party	33,738	32,400
Depreciation	3,224	0
Common stock issued for services	5,000	0
Changes in operating assets and liabilities:
Restricted cash	1,712	0
Accounts receivable	(1,800)	0
Accounts payable and accrued expenses	9,030	0
Deferred revenue	1,100	0
Net Cash Used In Operating Activities	(44,687)	0
INVESTING ACTIVITIES
Additions to real estate property	(2,000)	0
Net Cash Used in Investing Activities	(2,000)	0
FINANCING ACTIVITIES
Common stock issued for cash	90,036	0
Payments on note payable	(3,017)	0
Net Cash Provided by Financing Activities	87,019	0
NET INCREASE IN CASH	40,332	0
CASH AT BEGINNING OF PERIOD	0	0
CASH AT END OF PERIOD	40,332	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Supplemental cash interest or tax payments
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued for no consideration	$ 35	$ 0

NATURE OF OPERATIONS AND SUMMAR

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block]	NOTE 1 NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES NATURE OF OPERATIONS Randolph Acquisitions, Inc. (formerly "Purple Grotto Acquisition Corporation") ("Randolph" or the "Company") was incorporated on January 12, 2015, under the laws of the state of Delaware. The business purpose of the Company is to acquire and operate real estate properties located in Georgia and throughout the United States. The Company is currently developing plans to acquire and operate single-family, multi-family, commercial and mixed-use real estate properties using the Company’s proprietary grading matrix to identify properties for purchase. On December 16, 2016, the Company entered into a Standard Commercial Sales Contract to acquire a parcel of commercial real estate property (the “Property”) located at 4228 1st Avenue, Suite 15, Tucker, GA 30084, for a purchase price of $ 126,750 126,750 6.75 1,122.57 January 1, 2032 The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2017, and for all periods presented herein, have been made. The summary of significant accounting policies presented below is designed to assist in understanding the Company's financial statements. Such financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("U.S. GAAP") in all material respects, and have been consistently applied in preparing the accompanying financial statements. The accompanying balance sheet as of December 31, 2016, has been derived from audited financial statements. All adjustments, normal and recurring in nature, considered necessary for a fair presentation have been included in the accompanying unaudited interim condensed financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's December 31, 2016 audited financial statements. The results of operations for the periods ended September 30, 2017 and 2016 are not necessarily indicative of the operating results for the full year. Property and equipment are stated at cost. Major additions and improvements are capitalized in the month following the month in which the assets or improvement are deemed to be placed in service. Maintenance and repairs are expensed as incurred. Upon disposition, the net book value is eliminated from the accounts, with the resultant gain or loss reflected in operations. Buildings 25 Leasehold improvements 7 Furniture and fixtures 3 7 The Company periodically assesses the recoverability of property, plant and equipment and evaluates such assets for impairment whenever events or changes in circumstances indicate that the net carrying amount of an asset may not be recoverable. Asset impairment is determined to exist if estimated future cash flows, undiscounted and without interest charges, are less than the net carrying amount. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Under Accounting Standards Codification 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of September 30, 2017, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration. Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of September 30, 2017, there are no outstanding dilutive securities.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Substantial Doubt about Going Concern [Text Block]	NOTE 2 GOING CONCERN The Company has adopted Accounting Standards Update (“ASU”) No. 2014-15, “Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (“ASU 2014-15”). As a result, management is required to evaluate whether there are relevant conditions and events that would indicate the probability of the Company’s inability to meet its obligations as they become due within one year of the date the financial statements are issued. The financial statements have been prepared under the assumption that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in the financial statements, the Company had an accumulated deficit of $ 135,087 96,691 32,400 0 The financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 30, 2017
Accounting Changes and Error Corrections [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	NOTE 3 RECENT ACCOUNTING PRONOUNCEMENTS In January 2017, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014-09”). ASU 2014-09 requires an entity to recognize the revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. ASU 2014-09 supersedes the revenue requirements in Revenue Recognition (Topic 605) and most industry-specific guidance throughout the Industry Topics of the Codification. ASU 2014-09 does not apply to lease contracts within the scope of Leases (Topic 840). ASU 2014-09 was to be effective for fiscal years, and interim periods within those years, beginning after December 15, 2016, and is to be applied retrospectively, with early application not permitted. In August 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, which defers the effective date of ASU 2014-09 by one year. Early adoption is permitted but not before the original effective date. As the primary source of revenue for the Company is generated through leasing arrangements, which are scoped out of this standard, the Company does not expect the adoption of ASU 2014-09 to have a significant impact on its Financial Statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) On June 12, 2015, the FASB issued ASU No. 2015-10-Technical Corrections and Improvements. The amendments in this Update cover a wide range of Topics in the Codification. The amendments in this Update represent changes to make minor corrections or minor improvements to the Codification that are not expected to have a significant effect on current accounting practice or create a significant administrative cost to most entities. This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2014-240-Technical Corrections and Improvements, which has been deleted. Transition guidance varies based on the amendments in this Update. The amendments in this Update that require transition guidance are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption is permitted, including adoption in an interim period. All other amendments will be effective upon the issuance of this Update. Management is in the process of assessing the impact of this ASU on the Company's financial statements. On April 30, 2015, the FASB issued ASU No. 2015-06 Earnings Per Share (Topic 260): Effects on Historical Earnings per Units of Master Limited Partnership Dropdown Transactions. Under Topic 260, Earnings Per Share, master limited partnerships (MLPs) apply the two-class method to calculate earnings per unit (EPU) because the general partner, limited partners, and incentive distribution rights holders each participate differently in the distribution of available cash. When a general partner transfers (or "drops down") net assets to a master limited partnership and that transaction is accounted for as a transaction between entities under common control, the statements of operations of the master limited partnership are adjusted retrospectively to reflect the dropdown transaction as if it occurred on the earliest date during which the entities were under common control. The amendments in this Update specify that for purposes of calculating historical EPU under the two-class method, the earnings (losses) of a transferred business before the date of a dropdown transaction should be allocated entirely to the general partner interest, and previously reported EPU of the limited partners would not change as a result of a dropdown transaction. Qualitative disclosures about how the rights to the earnings (losses) differ before and after the dropdown transaction occurs also are required. This Accounting Standards Update is the final version of Proposed Accounting Standards Update EITF-14A Earnings Per Share Effects on Historical Earnings per Unit of Master Limited Partnership Dropdown Transactions (Topic 260), which has been deleted. This update is effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. Earlier application is permitted. The amendments in this Update should be applied retrospectively for all financial statements presented. Management is in the process of assessing the impact of this ASU on the Company's financial statements. In January 2015, the FASB issued ASU No. 2015-01 Income Statement Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items. The objective of this Update is to simplify the income statement presentation requirements in Subtopic 225-20 by eliminating the concept of extraordinary items. Extraordinary items are events and transactions that are distinguished by their unusual nature and by the infrequency of their occurrence. Eliminating the extraordinary classification simplifies income statement presentation by altogether removing the concept of extraordinary items from consideration. This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2014-220 Income Statement Extraordinary Items (Subtopic 225-20), which has been deleted. This Update is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. A reporting entity may apply the amendments prospectively. A reporting entity also may apply the amendments retrospectively to all prior periods presented in the financial statements. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. The effective date is the same for both public business entities and all other entities. Management is in the process of assessing the impact of this ASU on the Company's financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements (Subtopic 205-40) Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern Management has considered all recent accounting pronouncements issued since the last audit of its consolidated financial statements. The Company’s management believes that these recent pronouncements will not have a material effect on the Company’s consolidated financial statements.

REAL ESTATE PROPERTY

REAL ESTATE PROPERTY	9 Months Ended
	Sep. 30, 2017
Real Estate [Abstract]
Real Estate Disclosure [Text Block]	NOTE 4 REAL ESTATE PROPERTY On December 16, 2016, the Company entered into a Standard Commercial Sales Contract to acquire a parcel of commercial real estate property (the “Property”) located at 4228 1st Avenue, Suite 15, Tucker, GA, 30084, for a purchase price of $ 126,750 2,000 3,224

NOTE PAYABLE - RELATED PARTY

NOTE PAYABLE - RELATED PARTY	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	NOTE 5 NOTE PAYABLE – RELATED PARTY Certain expenses paid by the Company's sole officer and director, principally audit and professional fees and office expenses have been reflected in the Company's financial statements, along with a corresponding payable to the stockholder for amounts due him. The note is non-interest bearing and is due on demand. As of September 30, 2017, the amount due to the related party totaled $ 72,679

NOTE PAYABLE

NOTE PAYABLE	9 Months Ended
	Sep. 30, 2017
Debt Disclosure [Abstract]
Debt Disclosure [Text Block]	NOTE 6 NOTE PAYABLE In connection with the purchase of the Property discussed in Note 4, on December 29, 2016, the Company issued a promissory note to William C. Gottschalk, the seller of the Property, in the amount of $ 126,750 6.75 1,123 January 1, 2032 3,648 120,085 5,696

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	9 Months Ended
	Sep. 30, 2017
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note Disclosure [Text Block]	NOTE 7 STOCKHOLDERS' DEFICIT On January 22, 2015, the Company issued 20,000,000 100,000,000 20,000,000 19,500,000 9,750,000 500,000 On October 30, 2015, the Company issued 5,000,000 On February 8, 2017, the Company issued 360,000 36.00 0.0001 On July 7, 2017, the Company issued 58,824 50,000 0.85 On September 7, 2917, the Company issued 5,882 shares of common stock at $0.85 per share to an unrelated third party. The shares were issued as partial payment for services previously rendered. On September 28, 2017, the Company issued 47,059 40,000 0.85

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
Subsequent Events [Text Block]	NOTE 8 SUBSEQUENT EVENTS In accordance with ASC 855-10, Company management reviewed all material events through the date of this report and there are no material subsequent events to report.

NATURE OF OPERATIONS AND SUMM14

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting, Policy [Policy Text Block]	BASIS OF PRESENTATION The accompanying financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows at September 30, 2017, and for all periods presented herein, have been made. The summary of significant accounting policies presented below is designed to assist in understanding the Company's financial statements. Such financial statements and accompanying notes are the representations of the Company's management, who are responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America ("U.S. GAAP") in all material respects, and have been consistently applied in preparing the accompanying financial statements. The accompanying balance sheet as of December 31, 2016, has been derived from audited financial statements. All adjustments, normal and recurring in nature, considered necessary for a fair presentation have been included in the accompanying unaudited interim condensed financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company's December 31, 2016 audited financial statements. The results of operations for the periods ended September 30, 2017 and 2016 are not necessarily indicative of the operating results for the full year.
Property, Plant and Equipment, Policy [Policy Text Block]	PROPERTY, PLANT, AND EQUIPMENT Property and equipment are stated at cost. Major additions and improvements are capitalized in the month following the month in which the assets or improvement are deemed to be placed in service. Maintenance and repairs are expensed as incurred. Upon disposition, the net book value is eliminated from the accounts, with the resultant gain or loss reflected in operations. Buildings 25 Leasehold improvements 7 Furniture and fixtures 3 7 The Company periodically assesses the recoverability of property, plant and equipment and evaluates such assets for impairment whenever events or changes in circumstances indicate that the net carrying amount of an asset may not be recoverable. Asset impairment is determined to exist if estimated future cash flows, undiscounted and without interest charges, are less than the net carrying amount.
Use of Estimates, Policy [Policy Text Block]	USE OF ESTIMATES The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.
Income Tax, Policy [Policy Text Block]	INCOME TAXES Under Accounting Standards Codification 740, "Income Taxes," deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Valuation allowances are established when it is more likely than not that some or all of the deferred tax assets will not be realized. As of September 30, 2017, there were no deferred taxes due to the uncertainty of the realization of net operating loss or carry forward prior to expiration.
Earnings Per Share, Policy [Policy Text Block]	LOSS PER COMMON SHARE Basic loss per common share excludes dilution and is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted loss per common share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the entity. As of September 30, 2017, there are no outstanding dilutive securities.

NATURE OF OPERATIONS AND SUMM15

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Property, Plant and Equipment [Table Text Block]	Depreciation expense is computed on a straight-line basis over the estimate useful lives of the assets as follows: Buildings 25 Leasehold improvements 7 Furniture and fixtures 3 7

NATURE OF OPERATIONS AND SUMM16

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	9 Months Ended
	Sep. 30, 2017
Building [Member]
Property, Plant and Equipment, Useful Life	25 years
Leasehold Improvements [Member]
Property, Plant and Equipment, Useful Life	7 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life	7 years
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life	3 years

NATURE OF OPERATIONS AND SUMM17

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Textual) - USD ($)	1 Months Ended
	Dec. 29, 2016	Dec. 16, 2016
Real Estate Investment Property, at Cost		$ 126,750
Commercial Paper [Member]
Debt Instrument, Face Amount	$ 126,750
Debt Instrument, Interest Rate, Stated Percentage	6.75%
Debt Instrument, Periodic Payment	$ 1,122.57
Debt Instrument, Maturity Date	Jan. 1, 2032

GOING CONCERN (Details Textual)

GOING CONCERN (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Retained Earnings (Accumulated Deficit)	$ (135,087)		$ (135,087)		$ (38,396)
Net loss	$ (61,321)	$ (14,050)	(96,691)	$ (32,400)
Net Cash Provided by (Used in) Operating Activities			$ (44,687)	$ 0

REAL ESTATE PROPERTY (Details T

REAL ESTATE PROPERTY (Details Textual) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 16, 2016
Real Estate [Line Items]
Real Estate Investment Property, at Cost					$ 126,750
Payments to Develop Real Estate Assets			$ 2,000
Depreciation	$ 1,083	$ 0	$ 3,224	$ 0
Building [Member]
Real Estate [Line Items]
Real Estate Investment Property, at Cost					101,400
Land [Member]
Real Estate [Line Items]
Real Estate Investment Property, at Cost					$ 23,350

NOTE PAYABLE - RELATED PARTY (D

NOTE PAYABLE - RELATED PARTY (Details Textual) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
Notes Payable, Related Parties, Current	$ 72,679	$ 38,942

NOTE PAYABLE (Details Textual)

NOTE PAYABLE (Details Textual) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Dec. 29, 2016	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Debt [Line Items]
Notes Payable, Current		$ 3,648		$ 3,648		$ 4,624
Notes Payable, Noncurrent		120,085		120,085		$ 122,126
Interest Expense		$ 2,128	$ 0	5,696	$ 0
Commercial Paper [Member]
Debt [Line Items]
Debt Instrument, Face Amount	$ 126,750
Debt Instrument, Interest Rate, Stated Percentage	6.75%
Debt Instrument, Periodic Payment	$ 1,123
Debt Instrument, Maturity Date	Jan. 1, 2032
Interest Expense				$ 5,696

STOCKHOLDERS' DEFICIT (Details

STOCKHOLDERS' DEFICIT (Details Textual) - USD ($)	Sep. 07, 2017	Jul. 07, 2017	Feb. 08, 2017	Sep. 28, 2017	Oct. 30, 2015	Oct. 28, 2015	Jan. 22, 2015	Sep. 30, 2017	Dec. 31, 2016
Stock Issued During Period, Shares, Issued for Services			360,000
Common Stock, Shares Authorized							100,000,000	100,000,000	100,000,000
Preferred Stock, Shares Authorized							20,000,000	20,000,000	20,000,000
Stock Redeemed or Called During Period, Shares						19,500,000
Common Stock, Shares, Outstanding						500,000		5,971,765	5,500,000
Stock Issued During Period, Value, New Issues			$ 36
Common Stock, Par or Stated Value Per Share			$ 0.0001					$ 0.0001	$ 0.0001
Richard J. Randolph III [Member]
Stock Issued During Period, Shares, Issued for Services					5,000,000
Two Directors And Officers [Member]
Stock Issued During Period, Shares, Issued for Services							20,000,000
Shareholder One [Member]
Stock Redeemed or Called During Period, Shares						9,750,000
One Third Party Investor [Member]
Stock Issued During Period, Shares, Issued for Services				47,059
Stock Issued During Period, Value, New Issues				$ 40,000
Common Stock, Par or Stated Value Per Share				$ 0.85
Two Third-party Investors [Member]
Stock Issued During Period, Shares, Issued for Services		58,824
Stock Issued During Period, Value, New Issues		$ 50,000
Common Stock, Par or Stated Value Per Share		$ 0.85
Urelated Third Party [Member]
Stock Issued During Period, Shares, Issued for Services	5,882
Shares Issued, Price Per Share	$ 0.85