Diamondhead Casino (DHCC) 10-K 12 Apr 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2018	Apr. 09, 2019	Jun. 30, 2018
Document And Entity Information
Entity Registrant Name	DIAMONDHEAD CASINO CORP
Entity Central Index Key	0000844887
Document Type	10-K
Document Period End Date	Dec. 31, 2018
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filer	No
Entity Reporting Status Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business Flag	true
Entity Emerging Growth Company	false
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Public Float			$ 974,126
Entity Common Stock, Shares Outstanding		36,297,576
Trading Symbol	DHCC
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2018

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash		$ 65
Other current assets	16,608	370
Total current assets	16,608	435
Land held for development (Note 3)	5,476,097	5,476,097
Other assets	80	80
Total assets	5,492,785	5,476,612
Current liabilities
Convertible notes and line of credit payable (Note 5)	1,962,500	1,962,500
Debenture payable (net of unamortized finance costs of $1,194 at December 31, 2018 and $2,153 at December 31, 2017) (Note 6)	48,806	47,847
Convertible debentures payable (net of unamortized finance costs of $43,026 at December 31, 2018 and $71,394 at December 31, 2017) (Note 6)	1,756,974	1,728,606
Short term notes and interest bearing advance (Note 7)	58,004	39,299
Current notes payable due related parties (Note 8)	309,015
Accounts payable and accrued expenses due related parties (Note 4)	4,141,814	3,427,168
Accounts payable and accrued expenses - others (Note 4)	2,840,306	2,424,040
Total current liabilities	11,117,419	9,629,460
Notes payable due related parties (Note 9)	115,000	202,628
Notes payable due others (Note 9)	72,500	87,500
Total liabilities	11,304,919	9,919,588
Commitments and contingencies (Notes 3 and 12)
Stockholders' deficiency
Preferred stock, $.01 par value; shares authorized 5,000,000, outstanding 2,086,000 at December 31, 2018 and 2017 (aggregate liquidation preference of $2,519,080 at December 31, 2018 and 2017).	20,860	20,860
Common stock, $.001 par value; shares authorized 50,000,000, issued: 39,052,472 at December 31, 2018 and 2017, outstanding: 36,297,576 at December 31, 2018 and 2017.	39,052	39,052
Additional paid-in capital	35,430,445	35,526,362
Unearned ESOP shares	(3,083,672)	(3,202,274)
Accumulated deficit	(38,070,603)	(36,679,875)
Treasury stock, at cost, 686,706 shares at December 31, 2018 and 607,161 shares at December 31, 2017.	(148,216)	(147,101)
Total stockholders' deficiency	(5,812,134)	(4,442,976)
Total liabilities and stockholders' deficiency	$ 5,492,785	$ 5,476,612

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares outstanding	2,086,000	2,086,000
Preferred stock, liquidation preference, value	$ 2,519,080	$ 2,519,080
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	39,052,472	39,052,472
Common stock, shares outstanding	36,297,576	36,297,576
Treasury stock, shares	686,706	607,161
Corporate Debt Securities [Member]
Unamortized discount	$ 1,194	$ 2,153
Convertible Senior Debentures [Member]
Unamortized discount	$ 43,026	$ 71,394

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
COSTS AND EXPENSES
Administrative and general	$ 643,269	$ 667,260
Stock-based compensation	21,570
Other	69,546	64,107
Total costs and expenses	734,385	731,367
OTHER EXPENSE (INCOME)
Net proceeds from litigation settlement		(20,000)
Interest expense
Related parties	261,326	199,576
Other	293,417	298,758
Other		(1,698)
Total other expense	554,743	476,636
NET LOSS	(1,289,128)	(1,208,003)
PREFERRED STOCK DIVIDENDS	(101,600)	(101,600)
NET LOSS APPLICABLE TO COMMON STOCKHOLDERS	$ (1,390,728)	$ (1,309,603)
Net loss per common share, basic and fully diluted	$ (.038)	$ (.036)
Weighted average number of common shares outstanding, basic and fully diluted	36,297,576	36,297,576

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Deficiency - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Preferred Stock [Member]
Balance	$ 20,860	$ 20,860
Balance	20,860	20,860
Common Stock [Member]
Balance	39,052	39,052
Balance	39,052	39,052
Additional Paid-In Capital [Member]
Balance	35,526,362	35,643,373
Stock-based compensation	21,570
ESOP defaulted shares	(117,487)	(117,011)
Balance	35,430,445	35,526,362
Unearned ESOP Shares [Member]
Balance	(3,202,274)	(3,320,875)
Shares acquired from ESOP	118,602	118,601
Balance	(3,083,672)	(3,202,274)
Accumulated Deficit [Member]
Balance	(36,679,875)	(35,370,272)
Preferred stock dividends	(101,600)	(101,600)
Net loss for year	(1,289,128)	(1,208,003)
Balance	(38,070,603)	(36,679,875)
Treasury Stock [Member]
Balance	(147,101)	(145,511)
Shares acquired from ESOP	(1,115)	(1,590)
Balance	(148,216)	(147,101)
Balance	(4,442,976)
Net loss for year	(1,289,128)	(1,208,003)
Balance	$ (5,812,134)	$ (4,442,976)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
OPERATING ACTIVITIES
Net loss	$ (1,289,128)	$ (1,208,003)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization	29,327	33,635
Stock-based compensation	21,570
Change in assets and liabilities:
Other assets	(16,238)	(18)
Accounts payable and accrued expenses	1,029,312	964,918
Net cash used in operating activities	(225,157)	(209,468)
FINANCING ACTIVITIES
Proceeds from notes payable issued to related parties	221,387	87,628
Proceeds from notes payable issued to others		65,000
Proceeds from short term note	8,355	44,454
Payment of short term note	(4,650)	(5,155)
Net cash provided by financing activities	225,092	191,927
Net decrease in cash	(65)	(17,541)
Cash beginning of year	65	17,606
Cash end of year		65
Cash paid for interest	1,307	1,519
Unpaid preferred stock dividends included in accounts payable and accrued expenses	$ 101,600	$ 101,600

Organization and Business

Organization and Business	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	Note 1. Organization and Business Diamondhead Casino Corporation and its Subsidiaries (the “Company”) own a total of approximately 400 acres of unimproved land in Diamondhead, Mississippi (“the Property”). Active subsidiaries of the Company include Mississippi Gaming Corporation, which owns the approximate 400-acre site and Casino World, Inc. The Company’s intent was to construct a casino resort and other amenities on the Property unilaterally or, in conjunction with one or more joint venture partners. However, the Company has been unable to date, to obtain financing to move the project forward and/or enter into a joint venture partnership. Due to its lack of financial resources and certain law suits filed against it, the Company has been forced to explore other alternatives, including a sale of part or all of the Property. The Company’s preference is to sell only part of the Property inasmuch as this would appear to be in the best interest of the stockholders of the Company. However, there can be no assurance the Company will be able to sell only part of the Property. The Company intends to continue to pursue a joint venture partnership and/or other financing while seeking a viable purchaser for part or all of the Property. Thus, on March 25, 2019, Mississippi Gaming Corporation entered into a brokerage agreement with an unrelated third party to seek a buyer for all or part of the Property or, alternatively, to seek a joint venture partner for the project.

Liquidity and Going Concern

Liquidity and Going Concern	12 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Liquidity and Going Concern	Note 2. Liquidity and Going Concern These consolidated financial statements have been prepared on the basis that the Company is a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred losses over the past several years, has no operations, generates no operating revenues, and as reflected in the accompanying consolidated financial statements, incurred a net loss applicable to common stockholders of $1,390,728 for the year ended December 31, 2018. In addition, the Company had an accumulated deficit of $38,070,603 at December 31, 2018. Due to its lack of financial resources and certain law suits filed against it, the Company has been forced to explore other alternatives, including a sale of part or all of the Property. In addition, in the event it becomes necessary in order to protect the Company’s assets, the Board of Directors has authorized the Company to file a petition for reorganization under Chapter 11 of the United States Bankruptcy Code. The Company has had no operations since it ended its gambling cruise ship operations in 2000. Since that time, the Company has concentrated its efforts on the development of its Diamondhead, Mississippi property. That development is dependent upon the Company obtaining the necessary capital, through either equity and/or debt financing, unilaterally or in conjunction with one or more partners, to master plan, design, obtain permits for, construct, open, and operate a casino resort. In the past, in order to raise capital to continue to pay on-going costs and expenses, the Company has borrowed funds, through Private Placements of convertible instruments as well as through other secured notes which are more fully described in Notes 5, 6, 7 and 8 to these consolidated financial statements. The Company is in default with respect to payment of both principal and interest under the terms of most of these instruments. In addition, at December 31, 2018, the Company had $6,982,120 of accounts payable and accrued expenses and no cash on hand. The above conditions raise substantial doubt as to the Company’s ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 3. Summary of Significant Accounting Policies Principles of Consolidation The consolidated financial statements include the accounts of Diamondhead Casino Corporation and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Reclassifications Certain reclassifications have been made to the 2017 financial statements to conform to the consolidated 2018 financial statements presentation. These reclassifications had no effect on net earnings or cash flows as previously reported. Land Held for Development Land held for development is carried at cost. Costs directly related to site development, such as licensing, permitting, engineering, and other costs, are capitalized. Land development costs, which have been capitalized, consist of the following at December 31, 2018 and 2017: Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 5,476,097 Fair Value Measurements The Company follows the provisions of ASC Topic 820 “Fair Value Measurements” for financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Input other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable input that reflects management’s own assumptions. Current assets and liabilities are financial instruments and management believes that their carrying amounts are reasonable estimates of their fair values due to their short term nature. Long-Lived Assets The Company reviews long-lived assets whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the assets to the estimated undiscounted future cash flows projected to be generated by the assets. If such assets are considered impaired, the impairment to be recognized is measured by the amount the carrying value exceeds the fair value of such assets determined by appraisal, discounted cash flow projections, or other means. No impairment existed as of December 31, 2018. Employee Stock Ownership Plan The Company has an Employee Stock Ownership Plan (ESOP) covering substantially all employees with one or more years of service, financed by employer loans. The Company also established a trust called the Europa Cruises Corporation Employee Stock Ownership Plan Trust Agreement, to serve as the funding vehicle for the ESOP. The President and Chief Executive Officer is the sole Trustee of the Trust. Compensation expense was measured at the current market price of shares committed for release and such shares constitute outstanding shares for earnings per share computations. As the loans are repaid, shares are released from the ESOP and allocated to qualified employees based upon the proportion of payments made during the year to the remaining amount of payments due on the loans through maturity. Dividends, if any, are treated as follows: (1) stock dividends on shares allocated to participant accounts shall be credited to the participant account when paid; and (2) cash dividends on shares allocated to participant accounts shall, at the discretion of the Administrator, be credited to the participants’ Other Investment Account or be used to reduce the indebtedness to the Company, in which case, shares bearing an equal value to the cash dividend would be allocated to participant accounts. The Company has not paid any dividends on its common stock. For the years 2011 through 2018, the Company elected to temporarily suspend contributions to the Plan, in accordance with the loan pledge agreement between the Company and the ESOP Trust. For each year in which there was no contribution to the Plan, the Plan returned the 79,545 shares, which would have been allocated to employees annually, to treasury. Income Taxes Under the asset and liability method of ASC Topic 740, “Accounting for Income Taxes,” deferred tax liabilities and assets are recognized for future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of assets and liabilities. A valuation allowance is recorded to reflect the uncertainty of realization of deferred tax assets. The Company follows the provisions of ASC Topic 740, “Accounting for Uncertainty in Income Taxes.” The standard addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this standard, an entity may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The standard also provides guidance on derecognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. The Company does not have a liability for unrecognized tax benefits. The Company’s policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of December 31, 2018 and 2017, the Company has no accrued interest or penalties related to uncertain tax positions. On December 22, 2017, the 2017 Tax Cuts and Jobs Act was enacted into law and the new legislation contains key tax provisions that affect the company. The Company is required to recognize the effect of the tax law changes in the periods of enactment, such as determining the transition tax, measuring it to U.S. deferred tax assets and liabilities as well as reassessing the net realization of deferred tax assets and liabilities. In December 2017, the SEC staff issued Staff Accounting Bulletin No. 118, “Income Tax Accounting Implications of the Tax Cuts and Jobs Act” (SAB 118), which allows the Company to record provisional amounts during a measurement period not extended beyond one year of the enactment date. The Tax Reform Act lowers the corporate income tax rate from 35% to 21%. Aside from the effect on the Company’s net operating loss carryforward valuation allowance, the Act is not expected to have a material impact on the Company’s consolidated financial statements in the foreseeable future. Net Loss per Common Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is calculated by using the weighted average number of common shares outstanding, plus other potentially dilutive securities. Potentially dilutive securities are excluded from the computation of diluted loss per shares since their effect would be antidilutive. Common shares outstanding consist of issued shares, including allocated and committed shares held by the ESOP trust, less shares held in treasury. The dilutive securities below do not include 5,055,555 potentially convertible Debentures, since the requirements for possible conversion had not yet been met and may never be met. The table below summarizes the components of potential dilutive securities at December 31, 2018 and 2017. Description December 31, 2018 December 31, 2017 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000 Stock Based Compensation The Company follows the provisions of ASC Topic 718 “Compensation — Stock Compensation” which requires the measurement and recognition of compensation expense for all share-based payment awards either modified or granted to employees and directors based upon estimated fair values. In the first quarter of 2018, the Board of Directors voted to extend the expiration dates of previously-awarded option grants from March 13, 2018 to December 31, 2020 with respect to the following: i) options previously granted to the President to purchase 750,000 shares of common stock at $0.30 per share, 75,000 shares of common stock at $0.75 per share and 2,000,000 shares of common stock at $0.19 per share; ii) options previously granted to the current Chairman of the Board to purchase 150,000 shares of common stock at $1.25 per share; iii) options previously granted to a Director of the Company to purchase 75,000 shares of common stock at $0.75; and iv) options previously granted to former employees of the Company to purchase a combined total of 65,000 shares of common stock at $0.75 per share. No share-based awards were issued or amended in 2017. In determining the fair value of each option modified, the Black-Scholes option-pricing model, consistent with the provisions of ASC Topic 718, was used. The valuations were determined using the weighted-average assumptions of 0% dividend yield, expected volatility of 103% and a risk-free interest rate of 2.79%. This resulted in a charge to the statement of operations in the amount of $21,570 and had no effect on net loss per share of common stock for the year ending December 31, 2018. Option valuation models require the input of highly subjective assumptions, including the expected stock price volatility. The Company uses projected volatility rates, which are based upon historical volatility rates, trended into future years. Because the Company’s employee stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company’s options. Recent Accounting Pronouncements In May 2017, the FASB issued Accounting Standards Update (“ASU) 2017-09 – Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting. The Update provides clarity and reduces cost and complexity when applying the guidance of Topic 718 to a change in the terms or conditions of a share-based payment award. The Update mandates that an entity should account for the effects of the modification unless all three of the following conditions are met: i) the fair value of the modified award is the same as the fair value of the original award immediately before the modification. ii) the vesting provisions of the modified award are the same as the original award immediately before the award is modified. iii) the classification of the modified award as an equity instrument of a liability instrument is the same as the original award immediately before the award is modified. The Update is effective for periods beginning after December 15, 2017 and was adopted by the Company in its 2018 financial statements. The Update had no effect on the Company’s 2018 financial statements. In June 2018, FASB issued ASU 2018-07, “Compensation – Stock Compensation (Topic 718): Improvements to Non-employee Share-Based Payment Accounting” which addresses accounting for issuance of all share-based payments on the same accounting model. Previously, accounting for share-based payments to employees was covered by Accounting Standards Codification (“ASC”) Topic 718 while accounting for such payments to non-employees was covered by ASC Topic 505. As it considered recently issued updates to ASC Topic 718, the FASB, as part of its simplification initiatives, decided that ASC Topic 718 would also be used as the guidance for non-employee share-based awards. Under this new guidance, both employee and non-employee awards will essentially follow the same model, with small variances related to determining the term assumption when valuing a non-employee award as well as a different expense attribution model for non-employee awards. The ASU is effective beginning in calendar year 2019. The Company does not expect the amendments to have a material effect on its consolidated financial statements.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	Note 4 Accounts Payable and Accrued Expenses The table below outlines the elements included in accounts payable and accrued expenses at December 31, 2018 and 2017: December 31, December 31, Description 2018 2017 Related parties: Accrued payroll due officers $ 2,369,711 $ 2,069,711 Accrued interest due officers and directors 1,029,062 767,737 Accrued director fees 478,750 393,750 Base rents due to the President 185,642 131,234 Associated rental costs 61,341 42,731 Other 17,308 22,005 Total related parties $ 4,141,814 $ 3,427,168 Non-related parties: Accrued interest $ 1,743,658 $ 1,483,923 Accrued dividends 762,000 660,400 Accrued fines and penalties 77,700 44,350 Other accounts payable and accrued expenses 256,948 235,367 Total non-related parties $ 2,840,306 $ 2,424,040

Convertible Notes and Line of C

Convertible Notes and Line of Credit	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Convertible Notes and Line of Credit	Note 5. Convertible Notes and Line of Credit Line of Credit In 2008, the Company entered into an agreement with an unrelated third party for an unsecured Line of Credit up to a maximum of $1,000,000. The Line of Credit provided for funds to be drawn as needed and carries an interest rate on amounts borrowed of 9% per annum originally payable quarterly based on the pro rata number of days outstanding. All funds originally advanced under the facility were due and payable by November 1, 2012. As an inducement to provide the facility, the lender was awarded an immediate option to purchase 50,000 shares of common stock of the Company at $1.75 per share. In addition, the lender received an option to purchase a maximum of 250,000 additional shares of common stock of the Company at $1.75 per share. The options expire following repayment in full by the Company of the amount borrowed. As of December 31, 2009, the Company had borrowed all of the $1,000,000 available to it under the Line of Credit. Interest on this debt incurred prior to June 30, 2009 has been paid in full. The Company was unable to satisfy the principal obligation of $1,000,000 by the due date of November 1, 2012 or any interest which accrued on the obligation after June 30, 2009 and is in default under the repayment terms of the note. At December 31, 2018 and 2017, principal and accrued interest of $1,853,669 and $1,763,669, respectively, remains unpaid on this obligation. Convertible Notes and Warrants Pursuant to a Private Placement Memorandum dated March 1, 2010, the Company offered units consisting of a two year unsecured, convertible promissory note in the principal amount of $25,000 with interest at 12% per annum, together with a five year Warrant to purchase 50,000 shares of the Company’s common stock at an exercise price of $1.00 per share. The Promissory Note is convertible into 50,000 shares of common stock of the Company immediately upon issuance at the option of the investor . Pursuant to an additional Private Placement Memorandum dated October 25, 2010, the Company offered Units consisting of a two year unsecured, convertible promissory note in the principal amount of $25,000 together with a five year Warrant to purchase 50,000 shares of the Company’s common stock at an exercise price of $1.00 per share. The Promissory Notes bear interest at 9% per annum and are convertible into 50,000 shares of common stock of the Company. Interest on the notes was originally payable in either cash or common stock at the option of the Company. However, interest is now required to be paid in cash . The Convertible Notes issued pursuant to the two Private Placements discussed above total $962,500 in principal and became due and payable beginning in March 2012 and extending at various dates through June 2013. As of the date of the filing of this report, all of the aforementioned debt obligations remain unpaid and in default under the repayment terms of the notes. In October 2017, the Company entered into a settlement with one of the convertible note holders who had previously sued the Company for payment of the note and accrued interest. Under terms of the settlement, a judgment was entered against the parent Company for the principal due under the note in the amount of $150,000 plus accrued interest on the note to the date of the judgment for a total of $244,537. Thereafter, the note holder will be entitled to interest at the Delaware statutory rate (currently 7%) on the entire amount of the judgment. The table below summarizes the Company’s convertible notes payable and line of credit at December 31, 2018 and 2017: Gross Amount Loan Facility Owed Line of Credit $ 1,000,000 Private Placements: March 1, 2010 475,000 October 25, 2010 487,500 Total Private Placements 962,500 Total Notes Payable $ 1,962,500

Convertible Debentures

Convertible Debentures	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Convertible Debentures	Note 6. Convertible Debentures Pursuant to a Private Placement Memorandum dated February 14, 2014 (the “Private Placement”), the Company offered up to a maximum of $3,000,000 of Collateralized Convertible Senior Debentures to accredited or institutional investors. The Offering was conducted contingent on the deposit into Escrow of the purchase price for all of the Debentures offered in the principal amount of $3,000,000. The Debentures, once issued, bear interest at 4% per annum after 180 days, mature six years from the date of issuance, and are secured by a lien on the Company’s Mississippi property. The debentures were offered in three tranches as follows: (a) $1,000,000 of First Tranche Collateralized Convertible Senior Debentures convertible into an aggregate of 3,333,333 shares of Common Stock of the Company at a conversion price of $.30 per share (the “First Tranche Debentures”); (b) $1,000,000 of Second Tranche Collateralized Convertible Senior Debentures, convertible into an aggregate of 2,222,222 shares of Common Stock of the Company at a conversion price of $.45 per share (the “Second Tranche Debentures”); and (c) $1,000,000 of Third Tranche Collateralized Convertible Senior Debentures, convertible into either 1,818,182 shares of Common Stock or 1,333,333 shares of Common Stock of the Company, at a conversion price of $.55 or $.75 per share depending upon certain conditions described in the Private Placement Memorandum (the “Third Tranche Debentures”). The conversion rights on each issued Debenture carry an Anti-Dilution Provision. If the Company issues any shares of Common Stock or other securities after March 31, 2014 at a price per security that is less than the conversion price of a Debenture, then the Debenture shall have a new conversion price equal to the price per security that is less than the Conversion Price of the Debenture. The foregoing provision shall not apply to the following: 1. The issuance of any of the other Debentures in the Offering or the issuance of shares of Common Stock upon conversion of any of the Debentures in the Offering; 2. The issuance of any shares of Common Stock if such issuance relates to an agreement, arrangement or grant to issue shares of Common Stock entered into by the Company prior to the Issue Date of the First Tranche Debentures in the Offering, including but not limited to, for example, previously issued convertible promissory notes, previously issued warrants, previously issued options to purchase Common Stock, or common stock vested or to be issued pursuant to a pre-existing Employee Stock Ownership Plan. The Anti-Dilution Provisions with respect to a Debenture terminate the earlier of (a) the date (if ever) the Company receives an “Approval to Proceed” from the Mississippi Gaming Commission to develop a casino/hotel on the Property, (b) the date on which the Debenture is converted in full, (c) the date on which the Debenture is paid in full, or (d) the Final Maturity Date of the Debenture (as defined in the Debenture). Since the issuance of the Debentures, there have been no events that would trigger the above anti dilution provisions. Should an event take place which would trigger the provision, the Company would be required to record dividend expense in an amount equal to the difference in the fair value of the embedded derivatives before the event versus the fair value of the derivative after the triggering event. On March 31, 2014, the First Closing occurred when subscriptions in the amount of $3,000,000 were received in Escrow and accepted by the Company. The Escrow Agent released $1,000,000 to the Company and the Company issued First Tranche Debentures in the aggregate principle amount of $1,000,000. The Company’s stock registration was revoked effective September 4, 2014. Therefore, on December 4, 2014, the Company extended offers to the investors to amend the Private Placement. The Company offered to amend certain terms and conditions, including the conversion terms of the First Tranche Debentures, which were issued on March 31, 2014 (“Amendment I”). The Company separately offered to amend certain terms and conditions, including those relating to issuance and conversion of the Second and Third Tranche Debentures, as well as the period of time within which to perform the Third Tranche Closing Obligations, as amended (“Amendment II”). On December 31, 2014, investors who had purchased $950,000 of First Tranche Debentures consented to the amended conversion terms of Amendment I. The remaining Debenture in the amount of $50,000 remains as originally issued with no conversion rights. Thus, the First Tranche Debentures can be converted into a total of 3,166,666 shares of common stock. On December 31, 2014, the Second Closing occurred when investors representing $850,000 of Second Tranche Debentures consented to Amendment II. The Escrow Agent released $850,000 to the Company and the Company issued Second Tranche Debentures in the aggregate principle amount of $850,000. Thus, the Second Tranche Debentures can be converted into 1,888,889 shares of common stock. The Escrow Agent refunded $300,000 to those investors who did not consent to Amendment II. The Company did not meet the closing obligations for the Third Tranche Debentures as of June 30, 2015, as was required, pursuant to the terms of the Private Placement, as amended. Therefore, the remaining $850,000 being held in escrow for the purchase of the Third Tranche Debentures was returned to the investors in July 2015. When originally issued, in the event the Company failed to meet the conditions for conversion of the Debentures, the First Tranche Convertible Debentures, which total $950,000, would have been due on March 31, 2020 and the Second Tranche Convertible Debentures, which total $850,000, would have been due December 31, 2020. The sole remaining non-convertible Debenture in the amount of $50,000 would have been due March 31, 2020. However, the Company is in default with respect to interest payments due under the Debentures and as a result, they are reported as current liabilities. Certain Debenture holders maintain that the Company is in default, not only with respect to interest due under the Debentures, but with respect to principal due under the Debentures in the amount of $1,850,000, as well. The ramifications of a potential default are more fully discussed in Notes 14 and 15 below. Total accrued interest due on all outstanding Debentures amounted to $279,233 and $205,233 at December 31, 2018 and 2017, respectively.

Short Term Notes and Interest B

Short Term Notes and Interest Bearing Advance	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Short Term Notes and Interest Bearing Advance	Note 7. Short Term Notes and Interest Bearing Advance Promissory Note On June 9, 2017, the Company entered into a Promissory Note with an unrelated lender in exchange for proceeds in the amount of $15,000. Interest on the note is 12.5% per annum and payable March 1 of each year the note remains outstanding. Payment in full of the Note is due June 9, 2019. Mississippi Gaming Corporation, a wholly owned subsidiary of the Company, guaranteed the Note. In addition, the President of the Company agreed to personally guarantee the Note and to personally secure the Note with an assignment of proceeds due to her under the first lien on the Diamondhead property. The interest payment, which was due March 1, 2018, was not made. Accrued interest due on this obligation amounted to $2,928 and $1,053 at December 31, 2018 and 2017, respectively. This Note was classified as long term on the Company’s 2017 balance sheet (See Note 9). Bank Credit Facility Wells Fargo Bank provides an unsecured credit facility of up to $15,000 to the Company. The facility requires a variable monthly payment of amounts borrowed plus interest, which is applied at 11.24% on direct charges and 24.99% on any cash advanced through the facility. At December 31, 2018, a principal balance of $18,004 remained outstanding on the facility. The lending bank has since cancelled privileges under the facility for non-payment. Interest Bearing Advance On February 2, 2017, the Company borrowed $25,000 from an unrelated third party. The Company expects to enter into a formal note for these funds however the terms of the note have not been finalized. The Note is expected to carry an annual interest rate of approximately 12.5% with a projected due date of December 31, 2017. The Company is in default and as such, the lender may increase the interest rate due by an amount of up to 3% per annum in excess of the rate then otherwise applicable. The Company does not have the funds to repay the advance. The President of the Company has agreed to personally secure the note with an assignment of proceeds due to her under the first lien on the Property. Accrued interest on this obligation amounted to $5,967 and $2,842 at December 31, 2018 and 2017, respectively. The above short term notes and interest bearing advances total $58,004 in aggregate and all are in default under the original agreed to terms.

Current Notes Payable Due Relat

Current Notes Payable Due Related Parties	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Current Notes Payable Due To Related Parties	Note 8. Current Notes Payable Due Related Parties In July, 2017, at the request of the Company, the current Chairman of the Board of Directors, who is also a Vice President of the Company (“the Chairman”), paid all property taxes due, together with all interest due thereon, to Hancock County, Mississippi on an approximate 400-acre tract of land, owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company. The total amount advanced was $67,628. The Chairman is one of the secured parties under that Land Deed of Trust recorded on September 26, 2014 in Hancock County, Mississippi, to secure Tranche I and Tranche II Debentures issued by the Company in 2014. Under paragraph 5 of the Land Deed of Trust, a secured party who advances sums for taxes due on the Property is secured by the same Land Deed of Trust, but only at that interest rate specified in the note representing the primary indebtedness, namely 4% per annum. The Chairman advanced the $67,628 on condition that: (i) the advance constitute a lien with interest at 4% per annum under that Land Deed of Trust recorded September 26, 2014; (ii) he be paid additional interest of 11% per annum on the amount advanced and owing and that the full 11% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (iii) this additional interest obligation be treated as a separate and secured debt of the Company, to be evidenced by a separate note and is secured with a separate and third lien to be placed on the Property (hereafter “the Third Lien”); (iv) the entire obligation will be treated as an advance to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland (Case No. 426962-V); and (v) he be indemnified for any losses sustained on the sale of that common stock sold to cover the credit card payments. The Chairman has identified the common stock to be sold and will provide the Company with the documentation required to document the sale of said stock and to calculate the future loss, if any, on said stock. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from the date of issue, to the Chairman for an amount up to $100,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi Gaming Corporation placed a third lien on the Property to secure this obligation for $100,000. This note was classified as long term on the Company’s 2017 balance sheet (See Note 9). Accrued interest on the note amounted to $18,762 and $8,610 at December 31, 2018 and 2017. In March of 2018, the Board of Directors voted to increase up to an additional $200,000 the amount secured by the third lien in favor of the Chairman of the Board, for amounts advanced by the Chairman on behalf of the Company, on the following terms and conditions, namely, that (i) the advance constitutes a lien on the Property with interest at 15% per annum; (ii) that the full interest of 15% per annum is payable during any calendar year in which all or part of the amount advanced is due and owing or interest due thereon remains unpaid; (iii) that this debt be evidenced by a separate promissory note and is to be included in and secured with a third lien that is to be placed on the Diamondhead Property to secure previous advances made to the Company (hereafter “the Third Lien”); (iv) that he be indemnified for any losses sustained on the sale of his common stock in an unrelated publicly-traded company to be sold to cover this advance based on a sales price of approximately $2.80 per share with a cap on the maximum loss per share to be at a sales price of $10.00 per share; and (v) that the Chairman’s previous indemnification approved by the Board of Directors on July 24, 2017 with respect to any loss on the sale of the same stock also be capped at a maximum of $10.00 per share. The Chairman will provide the Company with the documentation required to document the sale of said stock and to calculate the losses on said stock for all amounts loaned to the Company from the sale of said stock. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from the date of issue to the Chairman, for an amount up to $200,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi Gaming Corporation placed a third lien on the Diamondhead Property to secure this obligation for $200,000. In November of 2018, the Board of Directors voted to increase up to an additional $100,000 of advances from the Chairman and in March of 2019, the Board of Directors voted to increase the limit of the advances to $200,000. The terms of this advance are identical to the terms as approved above in March 2018. However, the additional funds will be secured by a fourth lien to be placed on the Property in favor of the Chairman. At December 31, 2018, the Chairman had advanced a total of $205,250 under both the March 2018 and November 2018 arrangements and was owed accrued interest in the amount of $30,788 at December 31, 2018. On July 24, 2017, the President of the Company, who is a Director of the Company, agreed to advance the Company up to $20,000 for the payment of expenses. In March of 2018, the Board of Directors voted to increase to up to $100,000 the amount to be secured by a third lien in favor of the President of the Company for amounts advanced by the President under this note, on the following terms and conditions, namely, that (i) she be paid interest of 15% per annum on the amount advanced and owing and that the full 15% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (ii) the obligation in the maximum principal amount of $100,000 with interest due thereon be treated as a secured debt of the Company, to be evidenced by a separate note and to be secured with a separate lien to be placed on the Diamondhead Property (“the Third Lien”) together with the Chairman’s Third Lien, as well as a first lien to be placed on the residential lot owned by the Company; (iii) that the Third Lien on the Diamondhead Property also include the two loans ($25,000 and $15,000) and interest due thereon and credit facilities in the maximum amount of $15,000; and (iv) that the foregoing will be treated as advances to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland (Case No. 426962-V). As of December 31, 2018 and 2017, the President had advanced a total of $36,137 and $20,000, respectively, under this agreement. The President previously agreed to secure a $25,000 loan and interest due thereon and to secure and guarantee a $15,000 loan and interest due thereon due non-related parties discussed above. The President is also personally liable for certain bank-issued credit cards used by the Company to pay expenses incurred by the Company in the approximate amount of $18,000. On June 30, 2018, Mississippi Gaming Corporation issued a secured promissory note, due one year from date of issue, to the President for an amount up to $100,000 to cover the principal and interest due with respect to this note. On August 21, 2018, Mississippi gaming Corporation placed a third lien on the Diamondhead Property to secure this obligation for $100,000. The amount advanced in 2017 in the amount of $20,000, was classified as long term on the Company’s 2017 balance sheet (See Note 9). Accrued interest due on this note amounted to $8,421 and $3,000 at December 31, 2018 and 2017, respectively. The third lien placed on the Diamondhead Property, which secures the above three promissory notes, totals up to $400,000 and is payable to the Chairman of the Board ($300,000) and President ($100,000) of the Company. The principal balance of the notes payable to the officers and directors discussed above, are due in June 2019 and total $309,015 in aggregate. All amounts advanced in the prior year were presented as long term liabilities of the Company at December 31, 2017, but were recorded as current liabilities on the Company’s December 31, 2018 balance sheet.

Long-Term Notes Payable

Long-Term Notes Payable	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Long Term Notes Payable	Note 9. Long-Term Notes Payable In 2016, the Company received cash advances totaling $47,500 from seven lenders which included $25,000 from three current Directors of the Company. The proceeds from the cash advances were earmarked for the payment of accounting and auditing fees and other expenses required to file the Company’s Form 10-Q. On August 25, 2016, the Company issued a Note to the foregoing lenders, which matures four years from the date of issuance and bears interest at 8% per annum, with a full year of interest accruing in any year in which the advance remains unpaid. Accrued interest due on the above notes amounted to $11,400 and $7,600 at December 31, 2018 and 2017, respectively. In the third quarter of 2016, the Chairman of the Board of Directors of the Company loaned the Company $90,000. On August 25, 2016, the Company issued a Note to the Chairman of the Board. The Note bears interest at 14% per annum effective August 1, 2016 and matures four years from the date of issuance. The proceeds of the loan were used for the payment of Mississippi property taxes and auditing, accounting and other corporate expenses. Accrued interest due on the above note amounted to $30,482 and $17,882 at December 31, 2018 and 2017, respectively. The principal due under the two foregoing loan arrangements totals $137,500. The Company has filed a second lien on its Mississippi property in favor of the note holders to secure both principal and interest in the maximum amount of $250,000. The lien is second to the existing first lien on the Mississippi property in the principal amount of $3.85 million. In October 2017, the Company entered into a settlement with a holder of $150,000 of convertible notes as described in Note 5 above. As part of the settlement, the Company agreed to pay legal fees in the amount of $50,000 and issued a four year note at 0% interest to satisfy this obligation. The table below summarizes the Company’s long-term notes payable as of December 31, 2018 and December 31, 2017: Principal Amount Due Amount Due Loan Facility Owed Related Parties Others 4 Year 8% secured note $ 47,500 $ 25,000 $ 22,500 4 Year 14% secured note 90,000 90,000 - 4 Year 0% note 50,000 - 50,000 Total Due December 31, 2018 $ 187,500 $ 115,000 $ 72,500 2 Year 12.5% secured note – See Note 7. $ 15,000 $ - $ 15,000 2 Year 4%/15% secured note due Chairman – See Note 8. 67,628 67,628 - 2 Year 15% secured note due President – See Note 8. 20,000 20,000 - Total Due December 31, 2017 $ 290,128 $ 202,628 $ 87,500

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2018
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. Related Party Transactions The President of the Company is owed deferred salary in the principal amount of $2,166,996 and the Vice President and current Chairman of the Board of the Company is owed deferred salary in the principal amount of $121,140 as of December 31, 2018. On October 12, 2012 the Board of Directors approved a motion to pay these individuals interest on their deferred compensation retroactive to the outstanding amounts due beginning in 2010 through the date of actual payment. Accrued interest through December 31, 2018 and 2017 amounted to $876,074 and $684,708, respectively. Effective September 1, 2011, the Company entered into a month-to-month lease with the President and then-Chairman of the Board of Directors of the Company, for office space in a furnished and fully equipped townhouse office building owned by the President in Alexandria, Virginia. The lease calls for monthly base rent in the amount of $4,534 and payment of associated costs of insurance, real estate taxes, expenses and utilities. Rent expense associated with this lease amounted to base rent in the amount of $54,408 and associated rental costs of $18,610 for a total of $73,108 for the year ended December 31, 2018 and base rent in the amount of $54,408 and associated rental costs of $15,140 for a total of $69,548 for the year ended December 31, 2017. The Company did not pay any of the base rent due in 2018 or 2017. Effective January 1, 2013, the directors of the Company are compensated at a rate of $15,000 per annum. Each Director is eligible for an annual payment in the amount of $15,000 as long as they remain a Director through December 31 of the applicable year, absent death or incapacitation. The annual payment to new directors is prorated based upon months served in their initial year as a Director. The Company has been unable to pay directors’ fees to date. As of December 31, 2018 and 2017 a total of $478,750 and $393,750 respectively, was due and owing to the Company’s directors. Directors have previously been compensated and may, in the future, be compensated for their services with Common Stock or options to purchase Common Stock of the Company. Directors are reimbursed for expenses incurred in attending meetings. Directors may be paid a consulting fee for services performed outside the scope of their directorship. See notes 7, 8, 12 and 14 for other related party transactions.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Stockholders' Equity	Note 11. Stockholders’ Equity At December 31, 2018 and 2017, the Company had a stock option plan and non-plan options, which are described below. Non-Plan Stock Options On January 3, 2018, the Board of Directors voted to extend from March 13, 2018 to December 31, 2020, the expiration date for a total of 3,115,000 currently outstanding options previously issued to the Chairman, the President, the Vice President and two former employees of the Company. The Company recorded stock-based compensation expense of $21,570. Stock Option Plan On December 19, 1988, the Company adopted a stock option plan (the “Plan”) for its officers and management personnel under which options could be granted to purchase up to 1,000,000 shares of the Company’s common stock. Accordingly, the Company reserved 1,000,000 shares for issuance under the Plan. The exercise price may not be less than 100% of the market value of the shares on the date of the grant. The options expire within ten years from the date of grant. At December 31, 2018, no options from this plan were issued or exercised. Summary of Stock Options A summary of the status of the Company’s fixed Plan and non-plan options as of December 31, 2018 and 2017, and changes during the years ended December 31, 2018 and 2017 is presented below. December 31, 2018 December 31, 2017 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Outstanding at beginning of year 3,415,000 $ .44 3,415,000 $ .44 Granted - - - - Exercised - - - - Expired - - - - Outstanding at end of year 3,415,000 $ .44 3,415,000 $ .44 Options exercisable at year-end 3,415,000 3,415,000 Weighted-average fair value of options granted during the year $ .00 $ .00 The following tables summarize information about stock options outstanding and exercisable at December 31, 2018 and 2017: December 31, 2018 Options Outstanding Options Exercisable Weighted- Number Average Weighted Number Weighted- Range of Outstanding Remaining Average Exercisable Average Exercise At Contractual Exercise At Exercise Prices 12/31/18 Life (Yrs.) Price 12/31/18 Price $ .19 2,000,000 2.0 $ .19 2,000,000 $ .19 $ .30 750,000 2.0 .30 750,000 .30 $ .75 215,000 2.0 .75 215,000 .75 $ 1.25 150,000 2.0 1.25 150,000 1.25 $ 1.75 300,000 (a) 1.75 300,000 1.75 3,415,000 3,415,000 December 31, 2017 Options Outstanding Options Exercisable Weighted- Number Average Weighted Number Weighted- Range of Outstanding Remaining Average Exercisable Average Exercise At Contractual Exercise At Exercise Prices 12/31/17 Life (Yrs.) Price 12/31/17 Price $ .19 2,000,000 .20 $ .19 2,000,000 $ .19 $ .30 750,000 .20 .30 750,000 .30 $ .75 215,000 .20 .75 215,000 .75 $ 1.25 150,000 .20 1.25 150,000 1.25 $ 1.75 300,000 (a) 1.75 300,000 1.75 3,415,000 3,415,000 (a) These options expire upon payment in full of an outstanding note payable with an original due date of November 1, 2012. The note payable remains outstanding at December 31, 2018 and 2017. Warrants The Company has previously issued warrants to purchase shares of the Company’s common stock in conjunction with convertible promissory notes issued in private placements dated March 25, 2010 and October 25, 2010. The Company also issued warrants in conjunction with a private placement of shares of the Company’s common stock dated July 1, 2012. The Company also issued warrants for brokerage services rendered for issuance of convertible debentures in 2014. A total of 1,061,500 warrants expired during the year ended December 31, 2017 and as of December 31, 2018, there are no warrants outstanding. Preferred Stock Series S Preferred Stock On June 14, 1993, the Company issued 926,000 shares of $.01 par value Series S Voting, Non-Convertible Preferred Stock to Austroinvest International, Inc. in exchange for proceeds of $1,000,080. The Company is required to pay quarterly cumulative dividends of three percent per annum on these shares. These shares may be redeemed at the option of the Company at $1.08 per share plus $.0108 per share for each quarter that such shares are outstanding for a total of $2.18 per share at December 31, 2018. The shares also have a $1.08 per share preference in involuntary liquidation of the Company. At December 31, 2018 and 2017, outstanding Series S preferred stock totaled 926,000 shares. Cumulative dividends in arrears at December 31, 2018 and 2017 amounted to $225,000 and $195,000 respectively. Series S-NR Preferred Stock On September 13, 1993, the Company issued 900,000 shares of its $.01 par value Series S-NR Voting, Non-Convertible, Non-Redeemable, Preferred Stock to Serco International Limited (a wholly-owned subsidiary of Austroinvest International, Inc.), in exchange for proceeds of $999,000. The Company is required to pay quarterly, non-cumulative dividends of three percent per annum on these shares. Upon involuntary liquidation of the Company, the liquidation preference of each share is $1.11. At December 31, 2018 and 2017, outstanding Series S-NR preferred stock totaled 900,000 shares. Non-cumulative dividends in arrears at December 31, 2018 and 2017 amounted to $225,000 and $195,000 respectively. Series S-PIK Preferred Stock In March 1994, the Company offered, pursuant to Regulation S, one million units at $5.50 per unit, each unit consisting of one share of the Company’s $.001 par value common stock and two shares of the Company’s Series S-PIK Junior, cumulative, convertible, non-redeemable, non-voting $.01 par value preferred stock. Each share of Series S-PIK preferred stock is convertible into one share of the Company’s common voting stock at any time after February 15, 1995. No shares were converted during 2018 or 2017 . Payment of Preferred Dividends The Company did not pay any dividends due on its preferred stock in 2018 or 2017. However, payment of all cumulative and non-cumulative preferred stock dividends, outstanding at any time, is required before the Company can issue any dividends on its common stock.

Employee Stock Ownership Plan

Employee Stock Ownership Plan	12 Months Ended
	Dec. 31, 2018
Retirement Benefits [Abstract]
Employee Stock Ownership Plan	Note 12. Employee Stock Ownership Plan The Company’s employee stock ownership plan (ESOP) is intended to be a qualified retirement plan and an employee stock ownership plan. All employees having one year of service are eligible to participate in the ESOP. The ESOP is funded by two 8% promissory notes issued by the Company. The shares of common stock are pledged to the Company as security for the loans. The promissory notes are payable from the proceeds of annual contributions made by the Company to the ESOP. In the event that the Company elects not to make a Plan contribution in any given year, the corresponding shares applicable to that year are released from the Trust to the Company in consideration of that years’ note payment. In January 2001, the Plan and accompanying promissory notes were amended to conform to the Company’s current employment structure, by extending the note repayment terms through 2044. Assuming a Plan contribution is made, shares are allocated to the participants’ accounts in relation to repayments of the loans from the Company. At December 31, 2018, a total of 2,068,190 shares with a fair market value of $28,955 were unearned. In 2011, the Company decided to temporarily suspend contributions to the Plan. Therefore the Trust was unable to make its annual loan payment to the company and a loan default occurred. In accordance with the Pledge Agreement between the Company and the Trust, the shares attached to the loan payments subsequent to the 2010 contribution reverted back to the Company as treasury shares. In 2018, 79,545 shares, with a market value of $1,115, reverted back to the Company as treasury shares. In 2017, 79,545 shares, with a market value of $1,590, reverted back to the Company as treasury shares.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Note 13. Income Taxes At December 31, 2018, the Company had net operating loss carryforwards for income taxes of approximately $12.7 million, which expire during various periods through 2038. Realization of deferred income taxes as of December 31, 2018 and 2017 is not considered likely. Therefore, by applying a federal statutory rate of 21% to the carryforward amounts, a valuation allowance of approximately $2.7 million and $2.9 million, has been established for each year for the entire amount of deferred tax assets relative to the net operating loss at December 31, 2018 and 2017, respectively, resulting in an effective tax rate of 0% and no deferred tax asset recognition. The valuation allowance decreased by approximately $245,000 in 2018 and increased by $145,000 in 2017. Enactment of corporate tax law changes in 2018 may limit the utilization of post 2017 net operating loss carryforwards.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 14. Commitments and Contingencies Leases Effective September 1, 2011, the Company entered into a month-to-month lease with the President and CEO of the Company for office space in a building owned by the President and CEO in Alexandria, Virginia. The lease calls for monthly base rent in the amount of $4,534 or $54,408 per annum and payment of associated costs of insurance, real estate taxes, expenses and utilities. Base rent and associated rental expenses totaled $73,018 in 2018 and $69,548 in 2017. The Company is not liable for future minimum lease payments. Management Agreement On June 19, 1993, two subsidiaries of Diamondhead Casino Corporation, Casino World Inc. and Mississippi Gaming Corporation, entered into a Management Agreement with Casinos Austria Maritime Corporation (CAMC). Subject to certain conditions, under the Management Agreement, CAMC would operate, on an exclusive basis, all of the Company’s proposed dockside gaming casinos in the State of Mississippi, including any operation fifty percent (50%) or more of which is owned by the Company or its affiliates. Unless terminated earlier pursuant to the provisions of the Agreement, the Agreement terminates five years from the first day of actual Mississippi gaming operations and provides for the payment of an annual operational term management fee of 1.2% of all gross gaming revenues between zero and $100,000,000; plus 0.75% of gross gaming revenue between $100,000,000 and $140,000,000; plus 0.5% of gross gaming revenue above $140,000,000; plus two percent of the net gaming revenue between zero and $25,000,000; plus three percent of the net gaming revenue above twenty-five million dollars $25,000,000. Management of the Company believes this Agreement is no longer in effect. However, there can be no assurance that CAMC will not attempt to maintain otherwise which would lead to litigation. Related Party On July 26, 2017, the Chairman paid $67,628 for all property taxes due, together with all interest due thereon, to Hancock County, Mississippi on an approximate 400-acre tract of land (“the Property”), owned by Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company. The taxes had to be paid by July 31, 2017 to avoid a tax sale. The conditions of the note under which the Chairman agreed to make this payment are discussed in full detail in Note 6 of these consolidated financial statements. Of particular note to those conditions, item (v) calls for him to be indemnified for any losses sustained on the sale of that common stock sold to cover the above payments. The Chairman has identified the common stock sold and has provided the Company with the documentation required to document the sale of said stock and to calculate the contingent future loss, if any, on said stock. Had the Company paid the note in full at December 31, 2018, in addition to the principal and interest due, the company would have been additionally liable for approximately $124,260 in additional funds to indemnify the Chairman for his lost equity on the stock sale. Other The Company’s obligations under the Collateralized Convertible Senior Debentures are secured by a lien on the Company’s Mississippi property (the “Investors Lien”). On March 31, 2014, the Company issued $1 million of First Tranche Collateralized Convertible Senior Debentures and on December 31, 2014 the Company issued $850,000 of Second Tranche Collateralized Convertible Senior Debentures. Thus, liens were placed on the Property in favor of the Investors for $1,850,000. The Investors Lien is in pari passu The Company has filed a second lien in the maximum amount of $250,000 on the Property to secure the notes payable totaling $137,500 and accrued interest incurred. Details of these notes as more fully described in Note 9, above. The Company has filed a third lien in the maximum amount of $400,000 on the Property to secure the notes payable totaling $309,015 and accrued interest incurred. Details of these notes as more fully described in Note 8, above. The Company is currently delinquent in filing those documents and forms required to be filed in connection with its Employee Stock Ownership Plan (“ESOP”) for the year ended December 31, 2017, 2016 and 2015. The Company did not have the funds to pay professionals to prepare, audit and file these documents and forms when due. Although these required filings normally do not result in any tax due to an agency of the government, the Company could be subject to significant penalties for failure to file these forms when due. Penalties are assessed by the Department of Labor on a per diem basis from the original due dates for the required informational filings until the filings are actually made. The Company has accrued $77,700 on the current delinquent filings. The Company intends to bring its ESOP-required filings current and when current, will attempt to enroll in a voluntary compliance program with the Department of Labor with respect to any penalties or fines incurred. However, there can be no assurance the Company will be able to enroll in any such program or obtain a reduction of the fines and penalties that may be due. The Company has not filed its consolidated federal tax returns for the years ended December 31, 2018, 2017 and 2016. The Company believes no tax is due with that return. Casino World, Inc. a wholly owned subsidiary of the Company, is delinquent with respect to the filing of their franchise tax annual reports for 2018, 2017 and 2016 with the state of Delaware and the state of Mississippi. The Company has made provision for the expected taxes due on these state filings in their consolidated financial statements for the years ending December 31, 2018 and 2017.

Pending and Threatened Litigati

Pending and Threatened Litigation	12 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Pending and Threatened Litigation	Note 15. Pending and Threatened Litigation Edson R. Arneault, Kathleen Devlin and James Devlin, J. Steven Emerson, Emerson Partners, J. Steven Emerson Roth IRA, Steven Rothstein, and Barry Stark and Irene Stark v. Diamondhead Casino Corporation (In the United States District Court for the District of Delaware (C.A. No. 1:16-cv-00989-LPS) On October 25, 2016, the above-named Debenture holders filed a Complaint against Diamondhead Casino Corporation (the Company) in the United States District Court for the District of Delaware for monies due and owing pursuant to certain Collateralized Convertible Senior Debentures issued on March 31, 2014 and December 31, 2014. The plaintiffs are seeking $1.4 million, plus interest from January 1, 2015, together with costs and fees. The Company was served with the Complaint on October 31, 2016. On November 21, 2016, the Company filed a motion to dismiss for lack of subject matter jurisdiction due to failure to plead diversity. On February 21, 2017, the plaintiffs filed a motion for leave to amend their complaint based upon declarations of citizenship filed with the court. On September 26, 2017, the motion for leave to amend was granted and the Company’s motion to dismiss was granted in part and denied in part. The Court also granted plaintiffs leave to file a Second Amended Complaint which was filed on October 2, 2017. On October 16, 2017, the Company filed Defendant’s Answer and Affirmative Defenses and Counterclaim. On November 2, 2017, the Plaintiffs filed an Answer to the Counterclaim. The parties have exchanged discovery in the case. On September 27, 2018, the Plaintiffs’ filed a motion for summary judgment. On October 18, 2018, the Company filed its opposition to the motion for summary judgment. On November 8, 2018, the Plaintiff’s filed their reply to the Company’s opposition. On January 2, 2019, the Court canceled the trial previously scheduled for March 22, 2019. On April 2, 2019, the Court heard argument on the Plaintiff’s motion for summary judgment. On April 3, 2019, the Court scheduled a teleconference for April 15, 2019 for the parties to discuss alternative dispute resolution with a Magistrate. John Hawley, as servicing agent for Argonaut 2000 Partners, L.P. v. Diamondhead Casino Corporation On February 28, 2019, the above-named Debenture holder filed a Complaint against Diamondhead Casino Corporation (the Company) in the Superior Court of the State of Delaware for monies due and owing pursuant to certain Collateralized Convertible Senior Debentures issued on March 31, 2014 and December 31, 2014. The plaintiff is seeking $100,000, plus interest from January 1, 2015, together with costs and fees. The Company was served with the Complaint on March 8, 2019. On March 28, 2019, the Company filed its Answer, Affirmative Defenses and Counterclaim and Affidavit of Defense. Arnold J. Sussman, Robert Skaff and David J. Towner v. Diamondhead Casino Corporation On November 9, 2018, Sussman filed suit against the Company for breach of a Promissory Note issued November 10, 2010, in the principal amount of $50,000, with interest payable at 9% per annum, with a maturity date of November 10, 2012. Plaintiff seeks payment of principal of $50,000 and interest due from June 30, 2012 to present, which Plaintiff alleges is approximately $28,500 as of October 31, 2018. The Note, as well as the accrued interest thereon, are shown as current liabilities on the Company’s balance sheet. On December 6, 2018, the Company’s registered agent was served with the Sussman Complaint. On November 28, 2018, Skaff and Towner also filed suit against the Company in the same court for breach of Promissory Notes (Case No. N18C-11-232 ALR). Skaff filed suit i) for breach of a note issued on November 29, 2010, in the principle amount of $37,500 with interest payable at 9% per annum, with a maturity date of November 29, 2012 and ii) for breach of a note issued on June 21, 2011, in the principal amount of $25,000 with interest payable at 9% per annum, with a maturity date of June 21, 2013. Towner filed suit for breach of a note issued on November 29, 2010, in the principal amount of $25,000 with interest payable at 9% per annum, with a maturity date of November 29, 2012. Skaff alleges interest is due on his two notes from June 30, 2012 in the amount of $36,038.21 as of November 28, 2018. Towner alleges interest is due on his note from June 30, 2012 in the amount of $14,413.96 as of November 28, 2018. On December 6, 2018, the Company’s registered agent was served with the Skaff and Towner Complaint. All of the foregoing Notes, as well as the accrued interest thereon, are shown as current liabilities on the Company’s balance sheet. Counsel for the Plaintiffs in the foregoing cases requested that the cases be consolidated and the Company agreed to the consolidation. On February 15, 2019, the Plaintiffs filed their Consolidated Complaint. On March 7, 2019, the Company filed its Answer and Affirmative Defenses and Affidavit of Defense.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events On September 1, 2016, the Company was awarded $54,886 in attorneys’ fees and expenses against the six Petitioners who filed a Chapter 7 Involuntary Bankruptcy Petition against the Company in or about August 2015. The Bankruptcy Court found that the Petition had been filed in bad faith and for improper purposes. In November 2016, the Company recorded and enrolled the Delaware judgment in the Montgomery County Circuit Court of Maryland. One Petitioner, Arnold Sussman, filed a Motion to Reopen and Vacate Foreign Judgment. The Company settled with another Petitioner for $20,000. The Circuit Court denied Sussman’s Motion to Reopen and Vacate Foreign Judgment. Sussman appealed to the Court of Special Appeals which affirmed the judgment of the lower court. Sussman then filed a Petition for a Writ of Certiorari in the Maryland Court of Appeals, which denied the Petition. The Company has collected the $36,000 Sussman was required to post as a bond with the Circuit Court to stay enforcement of the judgment. The Company intends to pursue the remaining interest due on the judgment. In the first quarter of 2019, the President advanced additional funds totaling $15,860 under the terms of her arrangement dated July 24, 2017 as more fully described in Note 8 of these consolidated financial statements. These funds were used primarily to pay those taxes and penalties required to reinstate the Company and Mississippi Gaming Corporation in both Delaware and Mississippi. In March 2019, the President was reimbursed for these advances from the $36,000 collected from Sussman in the above-referenced case. In the first quarter of 2019, the Chairman advanced additional funds totaling $20,737 with the approval of the Board of Directors which voted on March 11, 2019 to increase up to an additional $200,000 of advances from the Chairman. The terms of this advance are identical to the terms of prior advances approved in March 2018 and more fully described in Note 8 of these consolidated financial statements. However, the additional funds will be secured by a fourth lien to be filed by the Company in favor of the Chairman. On March 25, 2019, Mississippi Gaming Corporation, a wholly-owned subsidiary of the Company and the title owner of the Diamondhead Property (the "Owner"), entered into an agreement with an unrelated commercial real estate brokerage firm to sell all or part of the Diamondhead, Mississippi Property or, alternatively, to find a joint venture partner for the project. The agreement provides for an exclusive right to sell all or part of the Property beginning March 25, 2019 and ending October 31, 2019, unless extended by the parties. The agreement provides for a commission equal to three percent (3%) of the gross sales price for property sold if the Buyer does not have a broker or four percent (4%) of the gross sales price of property sold if the Buyer does have a broker, in which case the commission due will be split between the brokers. In the event the Owner consummates and closes a deal with a Joint Venture Partner introduced to the Owner by the broker, the Owner will pay the broker a commission equal to four percent (4%) of the amount contributed by the Joint Venture Partner as its capital contribution. This will not apply in the event the Owner consummates a deal with a Joint Venture Partner who is not introduced to the Owner by the broker. The agreement does not apply to loans obtained by or on behalf of the Owner using the Property as collateral or as security for a loan. The agreement also provides for a reduced commission to the broker in the event of a sale to certain potential purchasers already involved in discussions with the Owner.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Diamondhead Casino Corporation and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.
Estimates	Estimates The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Reclassifications	Reclassifications Certain reclassifications have been made to the 2017 financial statements to conform to the consolidated 2018 financial statements presentation. These reclassifications had no effect on net earnings or cash flows as previously reported.
Land Held for Development	Land Held for Development Land held for development is carried at cost. Costs directly related to site development, such as licensing, permitting, engineering, and other costs, are capitalized. Land development costs, which have been capitalized, consist of the following at December 31, 2018 and 2017: Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 5,476,097
Fair Value Measurements	Fair Value Measurements The Company follows the provisions of ASC Topic 820 “Fair Value Measurements” for financial assets and liabilities. This standard defines fair value, provides guidance for measuring fair value and requires certain disclosures. The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels: Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2: Input other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level 3: Unobservable input that reflects management’s own assumptions. Current assets and liabilities are financial instruments and management believes that their carrying amounts are reasonable estimates of their fair values due to their short term nature.
Long-Lived Assets	Long-Lived Assets The Company reviews long-lived assets whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. Recoverability of long-lived assets is measured by comparing the carrying amount of the assets to the estimated undiscounted future cash flows projected to be generated by the assets. If such assets are considered impaired, the impairment to be recognized is measured by the amount the carrying value exceeds the fair value of such assets determined by appraisal, discounted cash flow projections, or other means. No impairment existed as of December 31, 2018.
Employee Stock Ownership Plan	Employee Stock Ownership Plan The Company has an Employee Stock Ownership Plan (ESOP) covering substantially all employees with one or more years of service, financed by employer loans. The Company also established a trust called the Europa Cruises Corporation Employee Stock Ownership Plan Trust Agreement, to serve as the funding vehicle for the ESOP. The President and Chief Executive Officer is the sole Trustee of the Trust. Compensation expense was measured at the current market price of shares committed for release and such shares constitute outstanding shares for earnings per share computations. As the loans are repaid, shares are released from the ESOP and allocated to qualified employees based upon the proportion of payments made during the year to the remaining amount of payments due on the loans through maturity. Dividends, if any, are treated as follows: (1) stock dividends on shares allocated to participant accounts shall be credited to the participant account when paid; and (2) cash dividends on shares allocated to participant accounts shall, at the discretion of the Administrator, be credited to the participants’ Other Investment Account or be used to reduce the indebtedness to the Company, in which case, shares bearing an equal value to the cash dividend would be allocated to participant accounts. The Company has not paid any dividends on its common stock. For the years 2011 through 2018, the Company elected to temporarily suspend contributions to the Plan, in accordance with the loan pledge agreement between the Company and the ESOP Trust. For each year in which there was no contribution to the Plan, the Plan returned the 79,545 shares, which would have been allocated to employees annually, to treasury.
Income Taxes	Income Taxes Under the asset and liability method of ASC Topic 740, “Accounting for Income Taxes,” deferred tax liabilities and assets are recognized for future tax consequences attributable to differences between the financial statement carrying amounts and the tax basis of assets and liabilities. A valuation allowance is recorded to reflect the uncertainty of realization of deferred tax assets. The Company follows the provisions of ASC Topic 740, “Accounting for Uncertainty in Income Taxes.” The standard addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. Under this standard, an entity may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position should be measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement. The standard also provides guidance on derecognition, classification, interest and penalties on income taxes, and accounting in interim periods and requires increased disclosures. The Company does not have a liability for unrecognized tax benefits. The Company’s policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of December 31, 2018 and 2017, the Company has no accrued interest or penalties related to uncertain tax positions. On December 22, 2017, the 2017 Tax Cuts and Jobs Act was enacted into law and the new legislation contains key tax provisions that affect the company. The Company is required to recognize the effect of the tax law changes in the periods of enactment, such as determining the transition tax, measuring it to U.S. deferred tax assets and liabilities as well as reassessing the net realization of deferred tax assets and liabilities. In December 2017, the SEC staff issued Staff Accounting Bulletin No. 118, “Income Tax Accounting Implications of the Tax Cuts and Jobs Act” (SAB 118), which allows the Company to record provisional amounts during a measurement period not extended beyond one year of the enactment date. The Tax Reform Act lowers the corporate income tax rate from 35% to 21%. Aside from the effect on the Company’s net operating loss carryforward valuation allowance, the Act is not expected to have a material impact on the Company’s consolidated financial statements in the foreseeable future.
Net Loss Per Common Share	Net Loss per Common Share Basic loss per share is computed by dividing net loss available to common stockholders by the weighted average number of common shares outstanding. Diluted earnings per share is calculated by using the weighted average number of common shares outstanding, plus other potentially dilutive securities. Potentially dilutive securities are excluded from the computation of diluted loss per shares since their effect would be antidilutive. Common shares outstanding consist of issued shares, including allocated and committed shares held by the ESOP trust, less shares held in treasury. The dilutive securities below do not include 5,055,555 potentially convertible Debentures, since the requirements for possible conversion had not yet been met and may never be met. The table below summarizes the components of potential dilutive securities at December 31, 2018 and 2017. Description December 31, 2018 December 31, 2017 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000
Stock Based Compensation	Stock Based Compensation The Company follows the provisions of ASC Topic 718 “Compensation — Stock Compensation” which requires the measurement and recognition of compensation expense for all share-based payment awards either modified or granted to employees and directors based upon estimated fair values. In the first quarter of 2018, the Board of Directors voted to extend the expiration dates of previously-awarded option grants from March 13, 2018 to December 31, 2020 with respect to the following: i) options previously granted to the President to purchase 750,000 shares of common stock at $0.30 per share, 75,000 shares of common stock at $0.75 per share and 2,000,000 shares of common stock at $0.19 per share; ii) options previously granted to the current Chairman of the Board to purchase 150,000 shares of common stock at $1.25 per share; iii) options previously granted to a Director of the Company to purchase 75,000 shares of common stock at $0.75; and iv) options previously granted to former employees of the Company to purchase a combined total of 65,000 shares of common stock at $0.75 per share. No share-based awards were issued or amended in 2017. In determining the fair value of each option modified, the Black-Scholes option-pricing model, consistent with the provisions of ASC Topic 718, was used. The valuations were determined using the weighted-average assumptions of 0% dividend yield, expected volatility of 103% and a risk-free interest rate of 2.79%. This resulted in a charge to the statement of operations in the amount of $21,570 and had no effect on net loss per share of common stock for the year ending December 31, 2018. Option valuation models require the input of highly subjective assumptions, including the expected stock price volatility. The Company uses projected volatility rates, which are based upon historical volatility rates, trended into future years. Because the Company’s employee stock options have characteristics significantly different from those of traded options, and because changes in the subjective input assumptions can materially affect the fair value estimate, in management’s opinion, the existing models do not necessarily provide a reliable single measure of the fair value of the Company’s options.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2017, the FASB issued Accounting Standards Update (“ASU) 2017-09 – Compensation – Stock Compensation (Topic 718) Scope of Modification Accounting. The Update provides clarity and reduces cost and complexity when applying the guidance of Topic 718 to a change in the terms or conditions of a share-based payment award. The Update mandates that an entity should account for the effects of the modification unless all three of the following conditions are met: i) the fair value of the modified award is the same as the fair value of the original award immediately before the modification. ii) the vesting provisions of the modified award are the same as the original award immediately before the award is modified. iii) the classification of the modified award as an equity instrument of a liability instrument is the same as the original award immediately before the award is modified. The Update is effective for periods beginning after December 15, 2017 and was adopted by the Company in its 2018 financial statements. The Update had no effect on the Company’s 2018 financial statements. In June 2018, FASB issued ASU 2018-07, “Compensation – Stock Compensation (Topic 718): Improvements to Non-employee Share-Based Payment Accounting” which addresses accounting for issuance of all share-based payments on the same accounting model. Previously, accounting for share-based payments to employees was covered by Accounting Standards Codification (“ASC”) Topic 718 while accounting for such payments to non-employees was covered by ASC Topic 505. As it considered recently issued updates to ASC Topic 718, the FASB, as part of its simplification initiatives, decided that ASC Topic 718 would also be used as the guidance for non-employee share-based awards. Under this new guidance, both employee and non-employee awards will essentially follow the same model, with small variances related to determining the term assumption when valuing a non-employee award as well as a different expense attribution model for non-employee awards. The ASU is effective beginning in calendar year 2019. The Company does not expect the amendments to have a material effect on its consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Schedule of Land Development Cost Capitalized	Land development costs, which have been capitalized, consist of the following at December 31, 2018 and 2017: Land held for development $ 4,934,323 Licenses 77,000 Engineering and costs associated with permitting 464,774 $ 5,476,097
Schedule of Components of Potential Dilutive Securities	The table below summarizes the components of potential dilutive securities at December 31, 2018 and 2017. Description December 31, 2018 December 31, 2017 Convertible Preferred Stock 260,000 260,000 Options to Purchase Common Shares 3,415,000 3,415,000 Convertible Promissory Notes 1,925,000 1,925,000 Total 5,600,000 5,600,000

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	12 Months Ended
	Dec. 31, 2018
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The table below outlines the elements included in accounts payable and accrued expenses at December 31, 2018 and 2017: December 31, December 31, Description 2018 2017 Related parties: Accrued payroll due officers $ 2,369,711 $ 2,069,711 Accrued interest due officers and directors 1,029,062 767,737 Accrued director fees 478,750 393,750 Base rents due to the President 185,642 131,234 Associated rental costs 61,341 42,731 Other 17,308 22,005 Total related parties $ 4,141,814 $ 3,427,168 Non-related parties: Accrued interest $ 1,743,658 $ 1,483,923 Accrued dividends 762,000 660,400 Accrued fines and penalties 77,700 44,350 Other accounts payable and accrued expenses 256,948 235,367 Total non-related parties $ 2,840,306 $ 2,424,040

Convertible Notes and Line of_2

Convertible Notes and Line of Credit (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Convertible Notes and line of credit	The table below summarizes the Company’s notes payable at December 31, 2018 and 2017: Gross Amount Loan Facility Owed Line of Credit $ 1,000,000 Private Placements: March 1, 2010 475,000 October 25, 2010 487,500 Total Private Placements 962,500 Total Notes Payable $ 1,962,500

Long-Term Notes Payable (Tables

Long-Term Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long Term Notes Payable	The table below summarizes the Company’s long-term notes payable as of December 31, 2018 and December 31, 2017: Principal Amount Due Amount Due Loan Facility Owed Related Parties Others 4 Year 8% secured note $ 47,500 $ 25,000 $ 22,500 4 Year 14% secured note 90,000 90,000 - 4 Year 0% note 50,000 - 50,000 Total Due December 31, 2018 $ 187,500 $ 115,000 $ 72,500 2 Year 12.5% secured note – See Note 7. $ 15,000 $ - $ 15,000 2 Year 4%/15% secured note due Chairman – See Note 8. 67,628 67,628 - 2 Year 15% secured note due President – See Note 8. 20,000 20,000 - Total Due December 31, 2017 $ 290,128 $ 202,628 $ 87,500

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Schedule of Fixed Plan and Non-plan Options	A summary of the status of the Company’s fixed Plan and non-plan options as of December 31, 2018 and 2017, and changes during the years ended December 31, 2018 and 2017 is presented below. December 31, 2018 December 31, 2017 Weighted Weighted Average Average Exercise Exercise Shares Price Shares Price Outstanding at beginning of year 3,415,000 $ .44 3,415,000 $ .44 Granted - - - - Exercised - - - - Expired - - - - Outstanding at end of year 3,415,000 $ .44 3,415,000 $ .44 Options exercisable at year-end 3,415,000 3,415,000 Weighted-average fair value of options granted during the year $ .00 $ .00
Schedule of Stock Options Outstanding and Exercisable	The following tables summarize information about stock options outstanding and exercisable at December 31, 2018 and 2017: December 31, 2018 Options Outstanding Options Exercisable Weighted- Number Average Weighted Number Weighted- Range of Outstanding Remaining Average Exercisable Average Exercise At Contractual Exercise At Exercise Prices 12/31/18 Life (Yrs.) Price 12/31/18 Price $ .19 2,000,000 2.0 $ .19 2,000,000 $ .19 $ .30 750,000 2.0 .30 750,000 .30 $ .75 215,000 2.0 .75 215,000 .75 $ 1.25 150,000 2.0 1.25 150,000 1.25 $ 1.75 300,000 (a) 1.75 300,000 1.75 3,415,000 3,415,000 December 31, 2017 Options Outstanding Options Exercisable Weighted- Number Average Weighted Number Weighted- Range of Outstanding Remaining Average Exercisable Average Exercise At Contractual Exercise At Exercise Prices 12/31/17 Life (Yrs.) Price 12/31/17 Price $ .19 2,000,000 .20 $ .19 2,000,000 $ .19 $ .30 750,000 .20 .30 750,000 .30 $ .75 215,000 .20 .75 215,000 .75 $ 1.25 150,000 .20 1.25 150,000 1.25 $ 1.75 300,000 (a) 1.75 300,000 1.75 3,415,000 3,415,000 (a) These options expire upon payment in full of an outstanding note payable with an original due date of November 1, 2012. The note payable remains outstanding at December 31, 2018 and 2017.

Organization and Business (Deta

Organization and Business (Details Narrative)	Dec. 31, 2018a
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Area of land, owned	400

Liquidity and Going Concern (De

Liquidity and Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net loss applicable to common stockholders	$ 1,390,728	$ 1,309,603
Accumulated deficit	38,070,603	36,679,875
Accounts payable and accrued expenses	69,821
Cash on hand		$ 65	$ 17,606

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Returned treasury stock	79,545
Accrued interest or penalties related to uncertain tax positions
Income tax examination description	The Tax Reform Act lowers the corporate income tax rate from 35% to 21%.
Corporate income tax rate	21.00%
Number of options previously granted to purchase of common stock
Exercise price of options granted
Dividend yield	0.00%
Expected volatility	103.00%
Risk-free interest rate	2.79%
Stock Based Compensation	$ 21,570
Employee Stock Option One [Member] | President [Member]
Number of options previously granted to purchase of common stock	750,000
Exercise price of options granted	$ 0.30
Employee Stock Option One [Member] | Chairman of Board [Member]
Number of options previously granted to purchase of common stock	150,000
Exercise price of options granted	$ 1.25
Employee Stock Option One [Member] | Director [Member]
Number of options previously granted to purchase of common stock	75,000
Exercise price of options granted	$ 0.75
Employee Stock Option One [Member] | Former Employees [Member]
Number of options previously granted to purchase of common stock	65,000
Exercise price of options granted	$ 0.75
Employee Stock Option Two [Member] | President [Member]
Number of options previously granted to purchase of common stock	75,000
Exercise price of options granted	$ 0.75
Employee Stock Option Three [Member] | President [Member]
Number of options previously granted to purchase of common stock	2,000,000
Exercise price of options granted	$ 0.19
Convertible Debentures [Member]
Antidilutive securities excluded from computation of earnings per share	5,055,555

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Land Development Cost Capitalized (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Land held for development	$ 5,476,097	$ 5,476,097
Land Held for Development [Member]
Land held for development	4,934,323	4,934,323
Licenses [Member]
Land held for development	77,000	77,000
Engineering and Costs Associated With Permitting [Member]
Land held for development	$ 464,774	$ 464,774

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Schedule of Components of Potential Dilutive Securities (Details) - shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accounting Policies [Abstract]
Convertible Preferred Stock	260,000	260,000
Options to Purchase Common Shares	3,415,000	3,415,000
Convertible Promissory Notes	1,925,000	1,925,000
Total	5,600,000	5,600,000

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Payables and Accruals [Abstract]
Accrued payroll due officers	$ 2,369,711	$ 2,069,711
Accrued interest due officers and directors	1,029,062	767,737
Accrued director fees	478,750	393,750
Base rents due to the President	185,642	131,234
Associated rental costs	61,341	42,731
Other	17,308	22,005
Total related parties	4,141,814	3,427,168
Accrued interest	1,743,658	1,483,923
Accrued dividends	762,000	660,400
Accrued fines and penalties	77,700	44,350
Other accounts payable and accrued expenses	256,948	235,367
Total non-related parties	$ 2,840,306	$ 2,424,040

Convertible Notes and Line of_3

Convertible Notes and Line of Credit (Details Narrative) - USD ($)	Jul. 02, 2011	Oct. 25, 2010	Mar. 01, 2010	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2008	Oct. 31, 2017	Sep. 26, 2014	Dec. 31, 2009
Line of credit facility, maximum borrowing capacity						$ 1,000,000
Line of credit interest rate						9.00%
Debt instrument, maturity date				Jun. 30, 2019		Nov. 1, 2012
Debt instrument, interest rate, stated percentage								4.00%
Line of Credit [Member]
Number of options awarded				50,000
Share-based compensation arrangement by share-based payment award, options, vested, weighted average grant date fair value				$ 1.75
Line of credit									$ 1,000,000
Line of credit, principal and interest				$ 1,853,669	$ 1,763,669
Line of Credit [Member] | Lender [Member]
Number of options awarded				250,000
Share-based compensation arrangement by share-based payment award, options, vested, weighted average grant date fair value				$ 1.75
Convertible Promissory Note [Member]
Debt instrument, face amount				$ 150,000			$ 150,000
Debt instrument, interest rate, stated percentage				7.00%
Debt outstanding amount				$ 244,537
Convertible Promissory Note [Member] | Two Private Placement [Member]
Note payable				962,500
Convertible Promissory Note [Member] | March 1, 2010 Private Placement [Member]
Debt instrument, face amount			$ 25,000
Debt instrument, interest rate, stated percentage			12.00%
Warrant term			5 years
Warrant to purchase up shares			50,000
Warrant exercise price per share			$ 1
Convertible Promissory Note [Member] | March 1, 2010 Private Placement [Member]
Debt instrument, convertible, number of equity instruments			50,000
Debt instrument, convertible, terms of conversion feature			Convertible into 50,000 shares of common stock of the Company immediately upon issuance at the option of the investor.
Proceeds from convertible promissory note				450,000
Accrued interest due				369,630	315,571
Convertible Promissory Note [Member] | October 25, 2010 Private Placement [Member]
Debt instrument, face amount	$ 25,000	$ 25,000
Debt instrument, interest rate, stated percentage		9.00%
Warrant term		5 years
Warrant to purchase up shares		50,000
Warrant exercise price per share		$ 1
Debt instrument, convertible, number of equity instruments		50,000
Proceeds from convertible promissory note				512,500
Accrued interest due				285,368	$ 241,493
Number of shares issued	50,000
Convertible Promissory Note [Member] | Director [Member] | March 1, 2010 Private Placement [Member]
Proceeds from convertible promissory note				$ 25,000

Convertible Notes and Line of_4

Convertible Notes and Line of Credit - Schedule of Convertible Notes and line of credit (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Convertible notes and line of credit payable	$ 1,962,500	$ 1,962,500
Private Placement [Member]
Convertible notes and line of credit payable	962,500	962,500
Line of Credit [Member]
Convertible notes and line of credit payable	1,000,000	1,000,000
Convertible Promissory Note [Member] | March 1, 2010 Private Placement [Member]
Convertible notes and line of credit payable	475,000	475,000
Convertible Promissory Note [Member] | October 25, 2010 Private Placement [Member]
Convertible notes and line of credit payable	$ 487,500	$ 487,500

Convertible Debentures (Details

Convertible Debentures (Details Narrative) - USD ($)	Mar. 31, 2014	Jul. 31, 2015	Dec. 31, 2018	Dec. 31, 2014	Dec. 31, 2008	Dec. 31, 2017	Sep. 26, 2014
Debt instrument, interest rate, stated percentage							4.00%
Subscription received in escrow	$ 3,000,000
Proceeds from release of subscriptions	1,000,000
Debt maturity date			Jun. 30, 2019		Nov. 1, 2012
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member]
Maximum offering amount			$ 3,000,000
Debt instrument face amount			$ 3,000,000
Debt instrument, interest rate, stated percentage			4.00%
Debt instrument, maturity date, description			Mature six years from the date of issuance
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member]
Debt instrument, convertible, conversion price			$ 0.75
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 1 [Member]
Investors that consented to amended conversion terms, amount of offering			$ 1,000,000
Conversion of debenture into shares of common stock			3,333,333
Debt instrument, convertible, conversion price			$ 0.30
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 2 [Member]
Investors that consented to amended conversion terms, amount of offering			$ 1,000,000
Conversion of debenture into shares of common stock			2,222,222
Debt instrument, convertible, conversion price			$ 0.45
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 3 [Member]
Investors that consented to amended conversion terms, amount of offering			$ 1,000,000
Conversion of debenture into shares of common stock			1,818,182
Debt instrument, convertible, conversion price			$ 0.55
February 14, 2014 Private Placement [Member] | Convertible Senior Debentures [Member] | Tranche 3 [Member] | Common Stock [Member]
Conversion of debenture into shares of common stock			1,333,333
First Tranche Debentures [Member]
Debt instrument face amount	$ 1,000,000
Proceeds from issuance of debentures				$ 950,000
Total convertible debentures			$ 950,000
Debt maturity date			Mar. 31, 2020
First Tranche Remaining Debentures [Member]
Conversion of debenture into shares of common stock				3,166,666
Proceeds from issuance of debentures				$ 50,000
Second Tranche Debentures [Member]
Total convertible debentures			$ 850,000
Debt maturity date			Dec. 31, 2020
Second Tranche Debentures [Member] | Second Closing [Member]
Conversion of debenture into shares of common stock				1,888,889
Proceeds from release of subscriptions				$ 850,000
Proceeds from issuance of debentures				850,000
Investors that did not consent to amended conversion terms, amount of offering				$ 300,000
Third Tranche Debentures [Member]
Number of debentures returned		$ 850,000
Total convertible debentures			$ 50,000
Debt maturity date			Mar. 31, 2020
Convertible Debentures [Member]
Total convertible debentures			$ 1,850,000
Accrued interest due			$ 279,233			$ 205,233

Short Term Notes and Interest_2

Short Term Notes and Interest Bearing Advance (Details Narrative) - USD ($)	Jun. 09, 2017	Feb. 02, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2008	Sep. 26, 2014
Proceeds from notes payable				$ 65,000
Debt interest rate						4.00%
Debt instrument, maturity date			Jun. 30, 2019		Nov. 1, 2012
Line of credit facility, maximum borrowing capacity					$ 1,000,000
Short term borrowings			$ 58,004	39,299
Lender [Member]
Increase in interest rate per annum			3.00%
Unrelated Third Party [Member]
Debt interest rate		12.50%
Debt instrument, maturity date		Dec. 31, 2017
Accrued interest due			$ 5,967	2,842
Short term borrowings		$ 25,000
Promissory Note [Member]
Proceeds from notes payable	$ 15,000
Debt interest rate	12.50%
Debt instrument, maturity date	Jun. 9, 2019
Accrued interest due			2,928	$ 1,053
Bank Credit Facility [Member]
Line of credit facility, maximum borrowing capacity			15,000
Short term borrowings			$ 18,004
Bank Credit Facility [Member] | Minimum [Member]
Debt interest rate			11.24%
Bank Credit Facility [Member] | Maximum [Member]
Debt interest rate			24.99%

Current Notes Payable Due Rel_2

Current Notes Payable Due Related Parties (Details Narrative)

Aug. 21, 2018USD ($)

Jun. 30, 2018USD ($)

Jul. 24, 2017USD ($)

Jun. 09, 2017

Mar. 31, 2018USD ($)

Jul. 31, 2017USD ($)a

Dec. 31, 2016USD ($)

Dec. 31, 2018USD ($)a

Dec. 31, 2017USD ($)

Dec. 31, 2008USD ($)

Nov. 30, 2018USD ($)

Jul. 26, 2017a

Aug. 25, 2016

Sep. 26, 2014

Area of land, owned | a

400

Debt instrument, interest rate, stated percentage

4.00%

Proceeds from related parties

$ 221,387

$ 87,628

Credit facilities, maximum amount

$ 1,000,000

Debt instrument, maturity date

Jun. 30, 2019

Nov. 1, 2012

Notes payable to officers and directors

$ 309,015

Diamondhead Property [Member]

Secured promissory note

400,000

Promissory Note [Member]

Debt instrument, interest rate, stated percentage

12.50%

Accrued interest due

2,928

1,053

Debt instrument, maturity date

Jun. 9, 2019

Mississippi Gaming Corporation [Member] | Secured Promissory Note [Member]

Accrued interest due

18,762

8,610

Chairman [Member]

Debt instrument, interest rate, stated percentage

15.00%

Accrued interest due

30,788

Debt instrument, face amount

$ 200,000

$ 100,000

Terms on advances from chairman description

(i) the advance constitutes a lien on the Diamondhead Property with interest at 15% per annum; (ii) that the full interest of 15% per annum is payable during any calendar year in which all or part of the amount advanced is due and owing or interest due thereon remains unpaid; (iii) that this debt be evidenced by a separate promissory note and is to be included in and secured with a third lien that is to be placed on the Diamondhead Property to secure previous advances made to the Company (hereafter "the Third Lien"); (iv) that he be indemnified for any losses sustained on the sale of his common stock in an unrelated publicly-traded company to be sold to cover this advance based on a sales price of approximately $2.80 per share with a cap on the maximum loss per share to be at a sales price of $10.00 per share; and (v) that the Chairman's previous indemnification approved by the Board of Directors on July 24, 2017 with respect to any loss on the sale of the same stock also be capped at a maximum of $10.00 per share. The Chairman will provide the Company with the documentation required to document the sale of said stock and to calculate the losses on said stock for all amounts loaned to the Company from the sale of said stock.

Due from officers

205,250

Chairman [Member] | Diamondhead Property [Member]

Area of land, owned | a

400

Chairman [Member] | March 2019 [Member]

Debt instrument, face amount

200,000

President [Member]

Secured obligation

$ 100,000

Due from officers

36,137

20,000

Proceeds from related parties

$ 20,000

Incurred expenses

18,000

President [Member] | Loan One [Member]

Loan amount

$ 25,000

25,000

President [Member] | Loan Two [Member]

Loan amount

15,000

15,000

President [Member] | Two Loans [Member]

Credit facilities, maximum amount

15,000

President [Member] | Third Lien [Member]

Loan amount

100,000

President [Member] | Secured Promissory Note [Member]

Accrued interest due

8,421

3,000

Maximum [Member] | President [Member]

Secured promissory note

$ 100,000

Maximum [Member] | Board of Directors [Member]

Proceeds from related parties

$ 100,000

Related party transaction, terms and manner of settlement

Interest of 15% per annum on the amount advanced and owing and that the full 15% interest per annum is payable during any calendar year in which all or part of the amount advanced and owing or interest due thereon remains unpaid; (ii) the obligation in the maximum principal amount of $100,000 with interest due thereon be treated as a secured debt of the Company, to be evidenced by a separate note and to be secured with a separate lien to be placed on the Diamondhead Property ("the Third Lien") together with the Chairman's Third Lien, as well as a first lien to be placed on the residential lot owned by the Company; (iii) that the Third Lien on the Diamondhead Property also include the two loans ($25,000 and $15,000) and interest due thereon and credit facilities in the maximum amount of $15,000; and (iv) that the foregoing will be treated as advances to be paid out of any subsequent incoming financing obtained by the Company or any amounts recovered by the Company from a defendant in that collection action brought by the Company in the Circuit Court of Montgomery County, Maryland (Case No. 426962-V).

Payable During any Calendar Year [Member]

Debt instrument, interest rate, stated percentage

11.00%

Chairman of the Board of Directors [Member]

Increase (decrease) in property and other taxes payable

$ 67,628

Debt instrument, interest rate, stated percentage

14.00%

Proceeds from related parties

$ 90,000

Chairman of the Board of Directors [Member] | Promissory Note [Member]

Accrued interest due

30,482

$ 17,882

Chairman [Member]

Secured obligation

100,000

Chairman [Member] | Promissory Note [Member]

Secured obligation

$ 200,000

Chairman [Member] | Maximum [Member]

Secured promissory note

100,000

Chairman [Member] | Maximum [Member] | Promissory Note [Member]

Secured promissory note

$ 200,000

Chairman of Board [Member] | Diamondhead Property [Member]

Secured promissory note

300,000

President [Member] | Diamondhead Property [Member]

Secured promissory note

$ 100,000

Mississippi Property [Member]

Area of land, owned | a

400

Long-Term Notes Payable (Detail

Long-Term Notes Payable (Details Narrative) - USD ($)	Aug. 25, 2016	Oct. 31, 2017	Dec. 31, 2016	Dec. 31, 2018	Dec. 31, 2017	Jun. 09, 2017	Sep. 26, 2014
Debt instrument, interest rate, stated percentage							4.00%
Proceeds from related parties				$ 221,387	$ 87,628
Convertible Promissory Note [Member]
Debt instrument, interest rate, stated percentage				7.00%
Debt instrument, face amount		$ 150,000		$ 150,000
Chairman of the Board of Directors [Member]
Debt instrument, interest rate, stated percentage	14.00%
Proceeds from related parties			$ 90,000
Debt instrument term	4 years
Long-Term Notes Payable [Member] | Seven Lenders [Member]
Due from related parties			47,500
Debt instrument, interest rate, stated percentage	8.00%
Accrued interest due				11,400	7,600
Long-Term Notes Payable [Member] | Three Current Directors [Member]
Due from related parties			$ 25,000
Promissory Note [Member]
Debt instrument, interest rate, stated percentage						12.50%
Accrued interest due				2,928	1,053
Promissory Note [Member] | Chairman of the Board of Directors [Member]
Accrued interest due				30,482	$ 17,882
Notes Payable Principal Due [Member]
Debt instrument, face amount				137,500
Notes Payable Principal Due [Member] | Mississippi Property [Member]
Debt instrument, face amount				137,500
Notes Payable Principal Due [Member] | Mississippi Property [Member] | Second Lien [Member]
Lien amount				250,000
Notes Payable Principal Due [Member] | Mississippi Property [Member] | First Lien [Member]
Lien amount				$ 3,850,000
Four Year Note Issued In Settlement [Member]
Debt instrument, interest rate, stated percentage		0.00%
Debt instrument term		4 years
Legal fees paid in settlement		$ 50,000

Long-Term Notes Payable - Sched

Long-Term Notes Payable - Schedule of Long Term Notes Payable (Details) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
Principal Amount Owed	$ 187,500	$ 290,128
Amount Due Related Parties	115,000	202,628
Amount Due Others	72,500	87,500
4 Year 8% Secured Note [Member]
Principal Amount Owed	47,500
Amount Due Related Parties	25,000
Amount Due Others	22,500
4 Year 14% Secured Note [Member]
Principal Amount Owed	90,000
Amount Due Related Parties	90,000
Amount Due Others
4 Year 0% Secured Note [Member]
Principal Amount Owed	50,000
Amount Due Related Parties
Amount Due Others	$ 50,000
2 Year 12.5% Secured Note [Member]
Principal Amount Owed		15,000
Amount Due Related Parties
Amount Due Others		15,000
2 Year 4%/15% Secured Note [Member] | Chairman [Member]
Principal Amount Owed		67,628
Amount Due Related Parties		67,628
Amount Due Others
2 Year 15% Secured Note [Member] | President [Member]
Principal Amount Owed		20,000
Amount Due Related Parties		20,000
Amount Due Others

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Accrued payroll due officers	$ 2,369,711	$ 2,069,711
Accrued interest	1,743,658	1,483,923
Directors fees	15,000
Accrued directors fees	478,750	393,750
Office Space Lease [Member]
Debt instrument, periodic payment	4,534
Base rent expense	54,408	54,408
Associated rental costs	18,610	15,140
Operating leases, rent expense, net	73,108	69,548
President [Member]
Accrued payroll due officers	2,166,996
Vice President and Current Chairman of Board of Directors [Member]
Accrued payroll due officers	121,140
Management [Member]
Accrued interest	876,074	$ 684,708
Director [Member]
Directors fees	$ 15,000

Stockholders' Equity (Details N

Stockholders' Equity (Details Narrative) - USD ($)	Jan. 03, 2018	Sep. 13, 1993	Jun. 14, 1993	Dec. 19, 1988	Mar. 31, 1994	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share-based compensation arrangement by share-based payment award, options, outstanding, number						3,415,000	3,415,000	3,415,000
Stock-based compensation expense						$ 21,570
Warrants, expired							1,061,500
Preferred stock, par or stated value per share						$ 0.01	$ 0.01
Preferred stock, shares outstanding						2,086,000	2,086,000
Preferred stock, dividend payment description						The Company did not pay any dividends due on its preferred stock in 2018 or 2017.
Series S Preferred Stock [Member]
Stock issued during period, shares, new issues			926,000
Preferred stock, par or stated value per share			$ 0.01
Proceeds from issuance of preferred stock			$ 1,000,080
Preferred stock, redemption terms						These shares may be redeemed at the option of the Company at $1.08 per share plus $.0108 per share for each quarter that such shares are outstanding for a total of $2.18per share at December 31, 2018
Preferred stock, liquidation preference per share						$ 1.08
Preferred stock, shares outstanding						926,000
Cumulative dividends						$ 225,000	$ 195,000
Series S-NR Preferred Stock [Member]
Stock issued during period, shares, new issues		900,000
Preferred stock, par or stated value per share		$ .01
Proceeds from issuance of preferred stock		$ 999,000
Preferred stock, liquidation preference per share						$ 1.11
Preferred stock, shares outstanding						900,000	900,000
Non-cumulative dividends in arrears						$ 225,000	$ 195,000
Preferred stock, dividend rate, percentage						3.00%
Series S-PIK Preferred Stock [Member]
Stock issued during period, shares, new issues					1,000,000
Preferred stock, par or stated value per share					$ .01
Preferred stock, liquidation preference per share						$ 2
Preferred stock, shares outstanding						260,000	260,000
Cumulative dividends						$ 312,000	$ 270,400
Share price					5.50
Convertible preferred stock, terms of conversion						Each share of Series S-PIK preferred stock is convertible into one share of the Company's common voting stock at any time after February 15, 1995.
Conversion of stock shares converted
Preferred stock, dividend rate, per-dollar-amount						$ 0.04
Series S-PIK Preferred Stock [Member] | Common Stock [Member]
Preferred stock, par or stated value per share					$ .001
Stock Option Plan [Member]
Number of shares purchase stock options granted				1,000,000
Common stock reserved shares for issuance				1,000,000
Stock Option Plan [Member] | Maximum [Member]
Share-based compensation arrangement by share-based payment award, exercise options percentage				100.00%
Board of Directors Chairman [Member]
Share-based compensation non option plan extended date description	Extend from March 13, 2018 to December 31, 2020
Share-based compensation arrangement by share-based payment award, options, outstanding, number	3,115,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Fixed Plan and Non-plan Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Equity [Abstract]
Options, Outstanding, Beginning Balance	3,415,000	3,415,000
Options, Outstanding, Weighted Average Exercise Price, Beginning Balance	$ .44	$ .44
Options, Granted
Options, Granted, Weighted Average Exercise Price
Options, Exercised
Options, Exercise, Weighted Average Exercise Price
Options, Expired
Options, Expired, Weighted Average Exercise Price
Options, Outstanding, Ending Balance	3,415,000	3,415,000
Options, Outstanding, Weighted Average Exercise Price, Ending Balance	$ .44	$ .44
Options, Exercisable, Ending Balance	3,415,000	3,415,000
Weighted-average fair value of options granted during the year	$ .00	$ .00

Stockholders' Equity - Schedu_2

Stockholders' Equity - Schedule of Stock Options Outstanding and Exercisable (Details) - $ / shares		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017
Number Outstanding		3,415,000	3,415,000
Number of Exercisable Options		3,415,000	3,415,000
Exercise Price Range One [Member]
Range of Exercise Prices		$ 0.19	$ 0.19
Number Outstanding		2,000,000	2,000,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)		2 years	2 months 12 days
Outstanding Options, Weighted Average Exercise Price		$ .19	$ 0.19
Number of Exercisable Options		2,000,000	2,000,000
Exercisable Options, Weighted Average Exercise Price		$ .19	$ 0.19
Exercise Price Range Two [Member]
Range of Exercise Prices		$ .30	$ 0.30
Number Outstanding		750,000	750,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)		2 years	2 months 12 days
Outstanding Options, Weighted Average Exercise Price		$ .30	$ 0.30
Number of Exercisable Options		750,000	750,000
Exercisable Options, Weighted Average Exercise Price		$ .30	$ 0.30
Exercise Price Range Three [Member]
Range of Exercise Prices		$ .75	$ 0.75
Number Outstanding		215,000	215,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)		2 years	2 months 12 days
Outstanding Options, Weighted Average Exercise Price		$ .75	$ 0.75
Number of Exercisable Options		215,000	215,000
Exercisable Options, Weighted Average Exercise Price		$ .75	$ 0.75
Exercise Price Range Four [Member]
Range of Exercise Prices		$ 1.25	$ 1.25
Number Outstanding		150,000	150,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)		2 years	2 months 12 days
Outstanding Options, Weighted Average Exercise Price		$ 1.25	$ 1.25
Number of Exercisable Options		150,000	150,000
Exercisable Options, Weighted Average Exercise Price		$ 1.25	$ 1.25
Exercise Price Range Five [Member]
Range of Exercise Prices		$ 1.75	$ 1.75
Number Outstanding		300,000	300,000
Options Outstanding, Weighted Average Remaining Contractual Life (Yrs)	[1]	0 years	0 years
Outstanding Options, Weighted Average Exercise Price		$ 1.75	$ 1.75
Number of Exercisable Options		300,000	300,000
Exercisable Options, Weighted Average Exercise Price		$ 1.75	$ 1.75
[1]	These options expire upon payment in full of an outstanding note payable with an original due date of November 1, 2012. The note payable remains outstanding at December 31, 2018 and 2017.

Employee Stock Ownership Plan (

Employee Stock Ownership Plan (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Employee Stock Ownership Plan (ESOP), Number of Unearned Shares	2,068,190
Employee Stock Ownership Plan (ESOP), Deferred Shares, Fair Value	$ 28,955
Stock issued during period, value, treasury stock reissued, shares	79,545	79,545
Stock issued during period, value, treasury stock reissued, shares	$ 1,115	$ 1,590
Employee Stock Ownership Plan [Member]
Equity ownership percentage	8.00%

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 12,700,000
Net operating loss carryforwards, expiration date	Expire during various periods through 2038.
Federal statutory income tax rate	21.00%
Deferred tax assets valuation allowance	$ 2,700,000	$ 2,900,000
Effective income tax rate	0.00%
Deferred income tax assets
Valuation allowance, deferred tax asset, increase (decrease), amount	$ 245,000	$ 145,000

Commitments and Contingencies (

Commitments and Contingencies (Details Narrative)	Jul. 26, 2017USD ($)a	Sep. 26, 2014USD ($)	Jun. 19, 1993	Dec. 31, 2018USD ($)a	Dec. 31, 2017USD ($)	Nov. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Jul. 31, 2017a	Dec. 31, 2014USD ($)	Mar. 31, 2014USD ($)
Area of land, owned | a				400
Accrued current delinquent filings				$ 77,700	$ 44,350
Notes Payable Principal Due [Member]
Debt instrument, face amount				137,500
Mississippi Property [Member]
Area of land, owned | a								400
Mississippi Property [Member] | Notes Payable Principal Due [Member]
Debt instrument, face amount				137,500
Mississippi Property [Member] | Notes Payable Principal Due [Member] | Second Lien [Member]
Lien amount				250,000
Chairman [Member]
Lost equity on stock sale				124,260
Debt instrument, face amount						$ 100,000	$ 200,000
Accrued interest				30,788
Investors Lien [Member] | Collateralized Convertible Senior Debentures [Member] | Mississippi Property [Member]
Lien amount		$ 1,850,000
Investors Lien [Member] | Collateralized Convertible Senior Debentures [Member] | Tranche 1 [Member]
Debt instrument, face amount										$ 1,000,000
Investors Lien [Member] | Collateralized Convertible Senior Debentures [Member] | Tranche 2 [Member]
Debt instrument, face amount									$ 850,000
Executives Lien [Member] | Collateralized Convertible Senior Debentures [Member] | Mississippi Property [Member]
Lien amount				2,000,000
Diamondhead Property [Member]
Secured promissory note				400,000
Diamondhead Property [Member] | Chairman [Member]
Related party tax paid	$ 67,628
Area of land, owned | a	400
Diamondhead Property [Member] | Third Lien [Member]
Secured promissory note				400,000
Accrued interest				309,015
Office Space Lease [Member]
Monthly lease payments				4,534
Base rent expense				54,408	54,408
Operating leases, rent expense, net				$ 73,108	$ 69,548
Management Agreement [Member]
Operating agreement description for camc			On June 19, 1993, two subsidiaries of Diamondhead Casino Corporation, Casino World Inc. and Mississippi Gaming Corporation, entered into a Management Agreement with Casinos Austria Maritime Corporation (CAMC). Subject to certain conditions, under the Management Agreement, CAMC would operate, on an exclusive basis, all of the Company's proposed dockside gaming casinos in the State of Mississippi, including any operation fifty percent (50%) or more of which is owned by the Company or its affiliates. Unless terminated earlier pursuant to the provisions of the Agreement, the Agreement terminates five years from the first day of actual Mississippi gaming operations and provides for the payment of an annual operational term management fee of 1.2% of all gross gaming revenues between zero and $100,000,000; plus 0.75% of gross gaming revenue between $100,000,000 and $140,000,000; plus 0.5% of gross gaming revenue above $140,000,000; plus two percent of the net gaming revenue between zero and $25,000,000; plus three percent of the net gaming revenue above twenty-five million dollars $25,000,000. Management of the Company believes this Agreement is no longer in effect. However, there can be no assurance that CAMC will not attempt to maintain otherwise which would lead to litigation.

Pending and Threatened Litiga_2

Pending and Threatened Litigation (Details Narrative) - USD ($)	Nov. 28, 2018	Nov. 09, 2018	Oct. 31, 2018	Jun. 09, 2017	Oct. 25, 2016	Sep. 01, 2016	Dec. 31, 2018	Dec. 31, 2008	Sep. 26, 2014
Debt instrument interest percentage									4.00%
Debt instrument maturity date							Jun. 30, 2019	Nov. 1, 2012
Sussman [Member]
Loss contingency allegation amount			$ 28,500
Promissory Note [Member]
Debt instrument interest percentage				12.50%
Debt instrument maturity date				Jun. 9, 2019
Seven Debenture Holders US District Court Case [Member]
Loss contingency, damages sought, value					$ 1,400,000
Seven Debenture Holders US District Court Case [Member] | February 28, 2019 [Member]
Loss contingency, damages sought, value							$ 100,000
Sussman [Member]
Loss contingency, damages sought, value		$ 50,000
Litigation settlement, expense						$ 36,000
Sussman [Member] | November 10, 2010 [Member] | Promissory Note [Member]
Debt instrument principal amount		$ 50,000
Debt instrument interest percentage		9.00%
Debt instrument maturity date		Nov. 10, 2012
Skaff and Towner [Member] | November 29, 2010 [Member] | Promissory Note [Member]
Debt instrument principal amount	$ 37,500
Debt instrument interest percentage	9.00%
Debt instrument maturity date	Nov. 29, 2012
Skaff and Towner [Member] | June 21, 2011 [Member] | Promissory Note [Member]
Debt instrument principal amount	$ 25,000
Debt instrument interest percentage	9.00%
Debt instrument maturity date	Jun. 21, 2013
Towner [Member] | November 29, 2010 [Member] | Promissory Note [Member]
Debt instrument principal amount	$ 25,000
Debt instrument interest percentage	9.00%
Debt instrument maturity date	Nov. 29, 2012
Towner [Member] | June 30, 2012 [Member] | Promissory Note [Member]
Litigation settlement, expense	$ 14,414
Skaff [Member] | June 30, 2012 [Member] | Promissory Note [Member]
Litigation settlement, expense	$ 36,038

Subsequent Events (Details Narr

Subsequent Events (Details Narrative) - USD ($)	Sep. 01, 2016	Mar. 31, 2019	Mar. 25, 2019	Mar. 11, 2019
Subsequent Event [Member] | Sale of Property [Member] | Buyer [Member]
Commision percentage			3.00%
Subsequent Event [Member] | Sale of Property [Member] | Buyer and Broker [Member]
Commision percentage			4.00%
Subsequent Event [Member] | Joint Venture Partnership [Member]
Commision percentage			4.00%
Subsequent Event [Member] | President [Member]
Due form related party		$ 15,860
Subsequent Event [Member] | Board of Directors Chairman [Member]
Due form related party		20,737
Subsequent Event [Member] | Board of Directors Chairman [Member] | Maximum [Member]
Due form related party				$ 200,000
United States Bankruptcy Court [Member]
Litigation settlement, amount awarded from other party	$ 54,886
Litigation settlement expense	20,000
Sussman [Member]
Litigation settlement expense	$ 36,000
Sussman [Member] | Subsequent Event [Member] | President [Member]
Due form related party		$ 36,000