Global Acquisitions (AASP) 10-K 30 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 20, 2016	Jun. 30, 2015
Document And Entity Information
Entity Registrant Name	ALL AMERICAN SPORTPARK INC
Entity Central Index Key	930,245
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 920,337
Entity Common Stock, Shares Outstanding		4,624,123
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,015

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash	$ 5,856	$ 2,200
Accounts receivable	18,339	3,000
Prepaid expenses and other current assets	15,274	5,737
Total current assets	39,469	10,937
Property and equipment, net of accumulated depreciation of $838,758 and $726,592, respectively	527,374	601,164
Total Assets	566,842	612,101
Current liabilities:
Cash in excess of available funds	29,371	20,018
Accounts payable and accrued expenses	304,250	282,375
Accounts Payable and accrued expense - related party	469,450	248,650
Current portion of deferred revenue	125,000	75,000
Current portion of notes payable - related parties	4,299,226	4,386,056
Current portion of due to related parties	1,724,286	1,617,550
Current portion of capital lease obligation	32,082	30,520
Accrued interest payable - related party	6,205,675	5,825,801
Total current liabilities	13,189,340	12,485,970
Long-term liabilities:
Long-term portion of capital lease obligation	33,623	65,806
Deferred revenue	100,000	100,000
Deferred rent liability	560,438	604,219
Total long-term liabilities	$ 694,061	$ 770,025
Commitments and Contingencies
Stockholders' (deficit):
Preferred stock, Series "B", $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively
Common stock, $0.001 par value, 50,000,000 shares authorized, 4,624,123 and 4,624,123 shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively	$ 4,624	$ 4,624
Prepaid equity-based compensation	(944)	(4,626)
Additional paid-in capital	14,408,270	14,408,270
Accumulated deficit	(28,169,696)	(27,450,306)
Total All-American SportPark, Inc. stockholders' deficit	(13,757,746)	(13,042,038)
Non-controlling interest in subsidiary	441,187	398,144
Total stockholders' deficit	(13,316,559)	(12,643,894)
Total Liabilities and Stockholders' Deficit	$ 566,842	$ 612,101

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock. authorized	10,000,000	10,000,000
Preferred Stock, issued	0	0
Preferred Stock, outstanding	0	0
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, authorized	50,000,000	50,000,000
Common Stock, issued	4,624,123	4,624,123
Common Stock, outstanding	4,624,123	4,624,123
Property And Equipment, accumulated depreciation	$ 838,757	$ 726,529

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Revenue	$ 1,850,323	$ 1,968,159
Revenue - Related Party	166,779	163,800
Total Revenue	2,017,102	2,131,959
Cost of revenue	620,296	671,118
Gross profit	1,396,806	1,460,841
Expenses:
General & administrative	1,432,615	1,444,714
Depreciation and amortization	110,031	112,892
Total expenses	1,542,646	1,557,606
Loss from operations	(145,840)	(96,765)
Other expense
Interest expense	(530,507)	(531,229)
Total other expense	(503,507)	(531,229)
Net loss before provision for income tax	$ (676,347)	$ (624,994)
Provision for income tax expense
Net loss	$ (676,347)	$ (624,994)
Net income attributable to non-controlling interest	43,043	80,333
Net loss attributable to All-American SportPark, Inc.	$ (719,390)	$ (705,327)
Weighted average number of common shares outstanding - basic and fully diluted	4,624,123	4,624,123
Net loss per share - basic and fully diluted	$ (0.15)	$ (0.14)

Consolidated Statements Of Stoc

Consolidated Statements Of Stockholders' Deficit - USD ($)	Common Stock	Prepaid Equity Based Compensation [Member]	Additional Paid-In Capital	Accumulated Deficit	Noncontrolling Interest	Total
Stockholders' Equity at Dec. 31, 2013	$ 4,624	$ (10,294)	$ 14,408,270	$ (27,450,306)	$ 317,811	$ (12,024,568)
Stockholders' Equity (shares) at Dec. 31, 2013	4,624,123
Stock issued to board member
Stock issued to board member (shares)
Prepaid equity based compensation issued to board member and employee
Prepaid equity based compensation issued to board member and employee (shares)
Amortization of prepaid equity based compensation		$ 5,668				$ 5,668
Net Loss				$ (705,327)	$ 80,333	(624,994)
Stockholders' Equity at Dec. 31, 2014	$ 4,624	$ (4,626)	$ 14,408,270	$ (27,450,306)	$ 398,144	(12,643,894)
Stockholders' Equity (shares) at Dec. 31, 2014	4,624,123
Amortization of prepaid equity based compensation		3,682				3,682
Net Loss				$ (719,390)	$ 43,043	(676,347)
Stockholders' Equity at Dec. 31, 2015	$ 4,624	$ (944)	$ 14,408,270	$ (28,169,696)	$ 441,187	$ (13,316,559)
Stockholders' Equity (shares) at Dec. 31, 2015	4,624,123

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities
Net loss	$ (676,347)	$ (624,994)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities
Depreciation expense	110,031	112,892
Loss on disposal of property and equipment	3,682	5,668
Changes in operating assets and liabilities:
Accounts receivable	(15,339)	(2,039)
Prepaid expenses	(9,537)	(2,066)
Cash in excess of available funds	9,353	(738)
Accounts payable and accrued expenses	220,800	111,150
Accounts Payable and accrued expense - related parties	21,875	2,073
Deferred revenue	50,000	50,000
Deferred rent liability	(43,781)	(43,780)
Accrued interest payable - related parties	379,874	425,020
Net cash provided by (used in) operating activities	50,611	33,186
Cash flows from investing activities
Purchase of property and equipment	(36,240)	(50,487)
Net cash used in investing activities	(36,240)	(50,487)
Cash flows from financing activities
Proceeds from related parties	321,733	$ 78,505
Payment to related parties	(214,997)
Payment on capital lease obligation	(30,621)	$ (35,565)
Proceeds from note payable - related parties	39,720	71,561
Payments on notes payable - related parties	(126,550)	(95,000)
Net cash provided by (used in) financing activities	(10,751)	19,501
Net increase (decrease) in cash	3,656	2,200
Cash - beginning	2,200	0
Cash - ending	5,856	2,200
Supplemental disclosures:
Interest paid	$ 43,926	$ 2,532
Income taxes paid

Organizational Structure And Ba

Organizational Structure And Basis Of Presentation	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organizational Structure And Basis Of Presentation	NOTE 1. ORGANIZATIONAL STRUCTURE AND BASIS OF PRESENTATION a. PRINCIPLES OF CONSOLIDATION The consolidated financial statements of All-American SportPark, Inc. (“AASP”) include the accounts of AASP and its 51% owned subsidiary, All-American Golf Center, Inc. (“AAGC”), collectively the “Company”. All significant intercompany accounts and transactions have been eliminated. The Company’s business operations consisting solely of the TaylorMade Golf Experience (“TMGE”) are included in AAGC. b. BUSINESS ACTIVITIES The TMGE includes the Divine Nine par 3 golf course fully lighted for night golf, a 110-tee two-tiered driving range, a 20,000 square foot clubhouse which includes two TaylorMade Golf fitting bays and two tenants: the Saint Andrews Golf Shop retail store, Flight Deck Bar and Grill. Because our business activities are not structured on the basis of different services provided, the above activities are reviewed, evaluated and reported as a single reportable segment. The Company is based in and operates solely in Las Vegas, Nevada, and does not receive revenues from other geographic areas although its tourist customers come from elsewhere. No one customer of the Company comprises more than 10% of the Company's revenues. c. CONCENTRATIONS OF RISK The Company has implemented various strategies to market the TMGE to Las Vegas tourists and local residents. Should attendance levels at the TMGE not meet expectations in the short-term, management believes existing cash balances would not be sufficient to fund operating expenses and debt service requirements for at least the next 12 months. d. RECLASSIFICATIONS Certain reclassifications have been made in prior periods’ financial statements to conform to classifications used in the current period.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES a. CASH AND CASH EQUIVALENTS All highly liquid investments with original maturities of three months or less are classified as cash and cash equivalents. The fair value of cash and cash equivalents approximates the amounts shown on the financial statements. Cash and cash equivalents consist of unrestricted cash in accounts maintained with major financial institutions. b. INCOME TAXES The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company records net deferred tax assets to the extent the Company believes these assets will more likely than not be realized. In making such determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. A valuation allowance is established against deferred tax assets that do not meet the criteria for recognition. In the event the Company were to determine that it would be able to realize deferred income tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the valuation allowance which would reduce the provision for income taxes. The Company follows the accounting guidance which provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more-likely-than-not recognition threshold at the effective date to be recognized initially and in subsequent periods. Also included is guidance on measurement, de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. c . The Company accounts for all compensation related to stock, options or warrants using a fair value based method whereby compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. The Company uses the Black-Scholes pricing model to calculate the fair value of options and warrants issued to both employees and non-employees. Stock issued for compensation is valued using the market price of the stock on the date of the related agreement. d. LEASEHOLD IMPROVEMENTS AND EQUIPMENT Leasehold improvements and equipment (Note 5) are stated at cost. Depreciation and amortization is provided for on a straight-line basis over the lesser of the lease term (including renewal periods, when the Company has both the intent and ability to extend the lease) or the following estimated useful lives of the assets: Furniture and equipment 3-10 years Leasehold improvements 15-25 years e. ADVERTISING The Company expenses advertising costs as incurred. Advertising costs charged to continuing operations amounted to $36,562 and $43,168 in 2015 and 2014, respectively. f. REVENUES The Company primarily earns revenue from golf course green fees, driving range ball rentals and golf club and cart rentals, which are recognized when received as payments for the services provided. The Company also receives marketing revenue associated with the Taylor Made Agreement that they realize equally on a monthly basis over the life of the agreement. Lease and sponsorship revenues are recognized as appropriate when earned. g. COST OF REVENUES Cost of revenues is primarily comprised of golf course and driving range employee payroll and benefits, operating supplies (e.g., driving range golf balls and golf course scorecards, etc.), and credit card and check processing fees. h. GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses consist principally of management, accounting and other administrative employee payroll and benefits, land lease expense, utilities, landscape maintenance costs, and other expenses ( e.g. i. IMPAIRMENT OF LONG-LIVED ASSETS Long-lived assets, including property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the long-lived asset may not be recoverable. If the long-lived asset or group of assets is considered to be impaired, an impairment charge is recognized for the amount by which the carrying amount of the asset or group of assets exceeds its fair value. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value less cost to sell. j. LEASES The Company leases land and equipment. Leases are evaluated and classified as operating or capital leases for financial reporting purposes. The lease term used for lease evaluation related to the land includes option periods as the Company believes the option period can be reasonably assured and failure to exercise such option would result in an economic penalty. For equipment, option periods are included only in instances in which the exercise of the option period can be reasonably assured and failure to exercise such options would result in economic penalty. k. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company adopted the FASB standard related to fair value measurement at inception. The standard defines fair value, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The standard applies under other accounting pronouncements that require or permit fair value measurements and, accordingly, does not require any new fair value measurements. The standard clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. The recorded values of long-term debt approximate their fair values, as interest approximates market rates. As a basis for considering such assumptions, the standard established a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. At each of December 31, 2015 and 2014, the carrying amount of cash, accounts receivable, notes payable, and accounts payable and accrued liabilities approximates fair value because of the short maturity of these instruments. l. EARNINGS (LOSS) PER SHARE Basic earnings per share excludes any dilutive effects of options, warrants, and convertible securities. Basic earnings per share is computed using the weighted average number of shares of common stock and common stock equivalent shares outstanding during the period. Common stock equivalent shares are excluded from the computation if their effect is antidilutive. The Company did not have any stock equivalent shares for the years ended December 31, 2015 and 2014. Loss per share is computed by dividing reported net loss by the weighted average number of common shares outstanding during the period. The weighted-average number of common shares used in the calculation of basic loss per share was 4,624,123 in 2015 and 4,624,123 in 2014, respectively. m. RECENT ACCOUNTING POLICIES The Company believes there was no new accounting guidance adopted but not yet effective that either has not already been disclosed in prior reporting periods or is relevant to the readers of the Company’s financial statements. The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financials properly reflect the change.

Going Concern

Going Concern	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern	NOTE 3. GOING CONCERN The accompanying consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. As shown in the accompanying consolidated financial statements, for 2015, the Company had net loss of $676,347. As of December 31, 2015, the Company had a working capital deficit of $13,149,871 and a shareholders' equity deficiency of $13,316,559. AASP management believes that its continuing operations may not be sufficient to fund operating cash needs and debt service requirements over at least the next 12 months. As such, management plans on seeking other sources of funding including the restructuring of current debt as needed, which may include Company officers or directors and/or other related parties. In addition, management continues to analyze all operational and administrative costs of the Company and has made and will continue to make the necessary cost reductions as appropriate. The inability to build attendance to profitable levels beyond a 12-month period may require the Company to seek additional debt, restructure existing debt or equity financing to meet its obligations as they come due. There is no assurance that the Company would be successful in securing such debt or equity financing in amounts or with terms acceptable to the Company. Nevertheless, management continues to seek out financing to help fund working capital needs of the Company. In this regard, management believes that additional borrowings against the TMGE could be arranged although there can be no assurance that the Company would be successful in securing such financing or with terms acceptable to the Company. Among its alternative courses of action, management of the Company may seek out and pursue a business combination transaction with an existing private business enterprise that might have a desire to take advantage of the Company's status as a public corporation. There is no assurance that the Company will acquire a favorable business opportunity through a business combination. In addition, even if the Company becomes involved in such a business opportunity, there is no assurance that it would generate revenues or profits, or that the market price of the Company's common stock would be increased thereby. The consolidated financial statements do not include any adjustments relating to the recoverability of assets and the classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 4 RELATED PARTY TRANSACTIONS Due to related parties The Company’s employees provide administrative/accounting support for (a) three golf retail stores, one of which is named Saint Andrews Golf Shop ("SAGS") and the others named Las Vegas Golf and Tennis ("District Store") and Las Vegas Golf and Tennis (“Westside, 15 Store”), owned by the Company's President and his brother. The SAGS store is the retail tenant in the TMGE. Administrative/accounting payroll and employee benefits expenses are allocated based on an annual review of the personnel time expended for each entity. Amounts allocated to these related parties by the Company approximated $20,925 and $19,875 for the years ended December 31, 2015 and 2014, respectively. The Company records this allocation by reducing the related expenses and allocating them to the related parties. In addition to the administrative/accounting support provided by the Company to the above stores, the Company received funding for operations from these and various other stores owned by the Company’s President, his brother, and the former Chairman. These funds helped pay for office supplies, phone charges, postages, and salaries. The net amount due to these stores totaled $1,724,286 and $1,617,550 as of December 31, 2015 and 2014, respectively. The amounts are non-interest bearing and due out of available cash flows of the Company. Additionally, the Company has the right to offset the administrative/accounting support against the funds received from these stores. Both Ronald Boreta and John Boreta have continued to defer half of their monthly salaries until the Company is in a more positive financial state. The amounts deferred for 2015 and 2014 were $97,500 and $97,500, respectively. Notes and Interest Payable to Related Parties: The Company has various notes and interest payable to the following entities as of December 31, 2015 and 2014: 2015 2014 Various notes payable to Vaso Boreta bearing 10% per annum and due on demand (1) $ 3,200,149 $ 3,200,149 Note payable to BE Holdings 1, LLC, bearing 10% per annum and due on demand (2) 100,000 100,000 Various notes payable to SAGS, bearing 10% per annum and due on demand (3) 704,656 813,846 Notes Payable Short-term Debt Westside 15, LLC With no interest based on payment made by end of December 2016 (4) 93,921 71,561 Note payable to BE III, LLC, bearing 10% Per annum and due on demand (4) 200,500 200,500 TOTAL $ 4,299,226 $ 4,386,056 1) Vaso Boreta is the former Company's Chairman of the Board who passed away in October 2013. 2) BE Holdings, LLC is owned by Ronald Boreta and John Boreta. 3) Saint Andrews is owned by Ronald Boreta and John Boreta. 4) Westside 15, LLC is owned by Ronald Boreta and John Boreta. 5) BE III, LLC is owned by Ronald Boreta and John Boreta. All maturities of related party notes payable except Westside 15, LLC and the related accrued interest are payable upon demand. At December 31, 2015, the Company has no loans or other obligations with restrictive debt or similar covenants. On June 15, 2013, we entered into a “Stock Transfer Agreement” with Saint Andrews Golf Shop, Ltd. a Nevada limited liability company, which is wholly-owned by Ronald Boreta, our chief executive officer and John Boreta, a principal shareholder of the Company. Pursuant to this agreement, we agreed to transfer a 49% interest in our wholly owned subsidiary, AAGC as a partial principal payment in the amount of $600,000 on our outstanding loan due to Saint Andrews Golf Shop, Ltd. In March 2013, we engaged the services of an independent third party business valuation firm, Houlihan Valuation Advisors, to determine the fair value of the business and the corresponding minority interest. Based on the Minority Value Estimate presented in connection with this appraisal, which included valuations utilizing the income, market and transaction approaches in its valuation methodology, the fair value of a 49% interest totaled $600,000. Interest expense on related party notes totaled $530,507 and $531,229 for the years ended December 31, 2015 and 2014, respectively. As of December 31, 2015 and 2014, accrued interest payable - related parties related to the notes payable – related parties totaled $6,205,675 and $5,825,801, respectively. John Boreta, who became a Director of the Company in 2013, has been employed by All-American Golf Center (“AAGC”), a subsidiary, as its general manager for over 12 years. On June 15, 2009, AAGC entered into an employment agreement with John Boreta. The employment agreement was for a period through June 15, 2012 and provided for a base annual salary of $75,000. Although the term of the employment agreement ended in June 2012, he continues to be employed on the same basis. During 2014, John Boreta received compensation of $81,000 for his services in that capacity, which includes an auto allowance of $6,000. He also received medical compensation of $15,662. In 1994, the Company entered into an employment agreement with Ronald S. Boreta, the Company's President, and Chief Executive Officer, pursuant to which he received a base salary that was increased to $120,000 beginning the year ended December 31, 1996. The term of the employment agreement ended in May 2012, but he continues to be employed by the Company on the same basis. Ronald S. Boreta receives the use of an automobile, for which the Company pays all expenses and full medical and dental coverage which totals $758 a month. Ronald S. Boreta has agreed that for a period of three years from the termination of his employment agreement that he will not engage in a trade or business similar to that of the Company. Lease to SAGS The TMGE has two tenant operations. The first is the Saint Andrews Golf Shop that occupies approximately 4,300 square feet for golf retail sales and pays a fixed monthly rent that includes a prorated portion of maintenance and property tax expenses of $13,104 for its retail and office space. The lease is for fifteen years through July 2012. The tenant has two options to extend for five years in July 2012 and July 2017 with a 5% rent increase for each extension. The Company will extend the lease in July 2017. The tenant extended their first option starting August 2012. For the years ended December 31, 2015 and 2014, the Company recognized rental income totaling $166,779 and $163,800 respectively.

Property And Equipment

Property And Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property And Equipment	NOTE 5. PROPERTY AND EQUIPMENT Property and equipment included the following as of December 31: 2015 2014 -------------- -------------- Furniture and Equipment $ 100,196 $ 63,956 Other Leasehold Improvement 160,886 160,886 Building 252,445 252,445 Land Improvements 495,351 495,351 Landscape Equipment 67,245 67,245 Other 145,563 145,563 Leased Equipment 144,445 142,247 -------------- --------------- 1,366,131 1,327,693 Less: Accumulated Depreciation (838,757 ) (726,529 ) $ 527,374 $ 601,164 Depreciation expenses totaled $110,031 and $112,892 for the years ended December 31, 2015 and 2014, respectively.

Commitments

Commitments	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments	NOTE 6 COMMITMENTS Leases The land underlying the TMGE is leased under an operating lease that expires in 2013 and has two five-year renewal options. In March 2006, the Company exercised the first of two options, extending the lease to 2018. Also, the lease has a provision for contingent rent to be paid by AAGC upon reaching certain levels of gross revenues. The Company recognizes the minimum rental expense on a straight-line basis over the term of the lease, which includes the two five year renewal options. In December 2013 TMGE entered into a leasing agreement with Chase bank for 30 golf carts. The lease is for 48 months with monthly payments totaling $2,670.70 The current portion of the obligations under this lease agreement is $32,082 and the long term portion of the obligations under this lease is $33,623. At December 31, 2015, minimum future lease payments under non-cancelable operating leases are as follows: 2016 529,840 2017 397,380 2018 145,707 2019 582,825 Thereafter 2,185,592 $ 3,841,344 Customer Agreement On June 19, 2009, AAGC entered into a Customer Agreement with Callaway Golf Company ("Callaway") and Saint Andrews pursuant to which Callaway has agreed to make certain cash payments and other consideration to AAGC and Saint Andrews in exchange for an exclusive marketing arrangement for the golf center operated by AAGC. Callaway is a major golf equipment manufacturer and supplier. On March 9, 2014, AAGC entered into an amendment to its Customer Agreement with Callaway (the “Amendment”). The Amendment provided that AAGC was to use all reasonable efforts to negotiate and enter into a non-exclusive written contract with an alternative retail branding partner. In the event that AAGC was successful in executing a written contract with an alternative retail branding partner, the Customer Agreement would terminated on June 30, 2014. , of which they have chosen to do, a fter Sponsorship Agreement On March 27, 2014, AAGC entered into a Golf Center Sponsorship Agreement (“Sponsorship Agreement”) with Taylor Made Golf Company, Inc., doing business as TaylorMade-adidas Golf Company (“TMaG”) pursuant to which the golf center operated by AAGC was to be rebranded using TaylorMade® and other TMaG trademarks. As part of the Sponsorship Agreement, TMaG agreed to reimburse AAGC for the reasonable costs associated with the rebranding efforts, including the costs associated with the build-out of the golf center and a new performance lab (described below), up to a specified maximum amount. In addition AAGC received a payment of $200,000 upon execution of the Sponsorship Agreement and, so long as AAGC continues to operate the golf center and comply with the terms and conditions of the Sponsorship Agreement TMaG made additional payments to AAGC on each of March 2014 and March 2015. The Sponsorship Agreement provides that TMaG would install a performance lab at AAGC's facility that would include one nine-camera motion analysis system and one putting lab, and would provide additional services, equipment, supplies and resources for the golf center. The performance lab was installed in 2014. The Sponsorship Agreement includes provisions concerning the display of TMaG merchandise, payment terms, retail sales targets and other related matters. Also, Saint Andrews Golf Shop, a tenant of AAGC which is owned by Ronald Boreta, the Company's President, and John Boreta, a Director of the Company, will receive a quarterly rebate based on the wholesale price of the TMaG merchandise purchased at the golf center. In addition, provided that the Las Vegas Golf and Tennis stores owned by Ronald Boreta and John Boreta maintain TMaG as their premier vendor at its locations, TMaG will pay such stores a quarterly rebate based on the wholesale price of the TMaG merchandise purchased at those locations. The initial term of the Sponsorship Agreement is for five years. AAGC and TMaG may mutually agree in writing to extend the Sponsorship Agreement for an additional four year period; provided that the option to renew the Agreement shall be determined by the parties not later than ninety (90) days prior to the end of the initial term and shall be consistent with the AAGC's lease on its golf center property.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 7. INCOME TAXES Income tax expense (benefit) consists of the following: 2015 2014 Current tax $ 27,529 $4,143 Deferred tax (244,391) (220,926) Valuation allowance 216,862 216,783 $ - $ - 2015 2015 Deferred tax liabilities: Temporary differences related to: Depreciation (167,752) (142,855) Deferred tax assets: Net operating loss carry forward 5,099,568 4,787,809 Related Party interest 2,171,986 2,039,030 Other - - Net deferred tax asset before valuation allowance 7,103,802 6,683,984 Valuation Allowance (7,103,802) (6,683,984) $ - $ - 2015 2014 Income tax at federal rate 35.00% 35.00% Permanent differences -35.00% -35.00% Effective income tax rate 0.00% 0.00% As of December 31, 2015 and 2014, the Company has available for income tax purposes approximately $22.0 and $22.0 million respectively in federal net operating loss carry forwards, which may be available to offset future taxable income. These loss carry forwards expire in 2020 through 2033. The Company may be limited by Internal Revenue Code Section 382 in its ability to fully utilize its net operating loss carry forwards due to possible future ownership changes. A 100% valuation allowance has been effectively established against the net deferred tax asset since it appears more likely than not that it will not be realized. The provision (benefit) for income taxes attributable to income (loss) from continuing operations does not differ materially from the amount computed at the federal income tax statutory rate.

Capital Stock, Stock Options, A

Capital Stock, Stock Options, And Incentives	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Capital Stock, Stock Options, And Incentives	NOTE 8. CAPITAL STOCK, STOCK OPTIONS, AND INCENTIVES CAPITAL STOCK Preferred stock, Series "B", $0.001 par value, 10,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively Common stock, $0.001 par value, 50,000,000 shares authorized, 4,624,123 and 4,624,123 shares issued and outstanding as of December 31, 2015 and December 31, 2014, respectively. On May 24, 2013, the Company granted 68,000 shares of restricted common stock to one director and one employee for services. In accordance with the terms of the grant, the shares will vest in full at the end of two years from the date of grant for the director. The restricted common stock granted to the employee will vest in full at the end of three years from the date of grant. The Company has recorded prepaid stock-based compensation of $13,600 representing the estimated fair value on the date of grant, and will amortize the fair market value of the shares to compensation expense ratably over the two and three year vesting periods. Also on May 24, 2013, the Company granted 34,000 shares of common stock to a director for past services. These shares are fully vested. The fair value on the date of grant of $6,800 was recorded as stock-based compensation

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	NOTE 9 SUBSEQUENT EVENTS Management has evaluated all subsequent events through the date of the filing and noted none.

Summary Of Significant Accoun16

Summary Of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Cash And Cash Equivalents	a. CASH AND CASH EQUIVALENTS All highly liquid investments with original maturities of three months or less are classified as cash and cash equivalents. The fair value of cash and cash equivalents approximates the amounts shown on the financial statements. Cash and cash equivalents consist of unrestricted cash in accounts maintained with major financial institutions.
Income Taxes	b. INCOME TAXES The Company accounts for income taxes under the asset and liability method, which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of events that have been included in the financial statements. Under this method, deferred tax assets and liabilities are determined based on the differences between the financial statements and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in income in the period that includes the enactment date. The Company records net deferred tax assets to the extent the Company believes these assets will more likely than not be realized. In making such determination, the Company considers all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. A valuation allowance is established against deferred tax assets that do not meet the criteria for recognition. In the event the Company were to determine that it would be able to realize deferred income tax assets in the future in excess of their net recorded amount, the Company would make an adjustment to the valuation allowance which would reduce the provision for income taxes. The Company follows the accounting guidance which provides that a tax benefit from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination, including resolutions of any related appeals or litigation processes, based on the technical merits. Income tax positions must meet a more-likely-than-not recognition threshold at the effective date to be recognized initially and in subsequent periods. Also included is guidance on measurement, de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.
Stock-Based Compensation	c . The Company accounts for all compensation related to stock, options or warrants using a fair value based method whereby compensation cost is measured at the grant date based on the value of the award and is recognized over the service period, which is usually the vesting period. The Company uses the Black-Scholes pricing model to calculate the fair value of options and warrants issued to both employees and non-employees. Stock issued for compensation is valued using the market price of the stock on the date of the related agreement.
Leasehold Improvements And Equipment	d. LEASEHOLD IMPROVEMENTS AND EQUIPMENT Leasehold improvements and equipment (Note 5) are stated at cost. Depreciation and amortization is provided for on a straight-line basis over the lesser of the lease term (including renewal periods, when the Company has both the intent and ability to extend the lease) or the following estimated useful lives of the assets: Furniture and equipment 3-10 years Leasehold improvements 15-25 years
Advertising	e. ADVERTISING The Company expenses advertising costs as incurred. Advertising costs charged to continuing operations amounted to $36,562 and $43,168 in 2015 and 2014, respectively.
Revenues	f. REVENUES The Company primarily earns revenue from golf course green fees, driving range ball rentals and golf club and cart rentals, which are recognized when received as payments for the services provided. The Company also receives marketing revenue associated with the Taylor Made Agreement that they realize equally on a monthly basis over the life of the agreement. Lease and sponsorship revenues are recognized as appropriate when earned.
Cost Of Revenues	g. COST OF REVENUES Cost of revenues is primarily comprised of golf course and driving range employee payroll and benefits, operating supplies (e.g., driving range golf balls and golf course scorecards, etc.), and credit card and check processing fees.
General And Administrative Expenses	h. GENERAL AND ADMINISTRATIVE EXPENSES General and administrative expenses consist principally of management, accounting and other administrative employee payroll and benefits, land lease expense, utilities, landscape maintenance costs, and other expenses ( e.g.
Impairment Of Long-Lived Assets	i. IMPAIRMENT OF LONG-LIVED ASSETS Long-lived assets, including property and equipment, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the long-lived asset may not be recoverable. If the long-lived asset or group of assets is considered to be impaired, an impairment charge is recognized for the amount by which the carrying amount of the asset or group of assets exceeds its fair value. Long-lived assets to be disposed of are reported at the lower of the carrying amount or fair value less cost to sell.
Leases	j. LEASES The Company leases land and equipment. Leases are evaluated and classified as operating or capital leases for financial reporting purposes. The lease term used for lease evaluation related to the land includes option periods as the Company believes the option period can be reasonably assured and failure to exercise such option would result in an economic penalty. For equipment, option periods are included only in instances in which the exercise of the option period can be reasonably assured and failure to exercise such options would result in economic penalty.
Fair Value Of Financial Instruments	k. FAIR VALUE OF FINANCIAL INSTRUMENTS The Company adopted the FASB standard related to fair value measurement at inception. The standard defines fair value, establishes a framework for measuring fair value and expands disclosure of fair value measurements. The standard applies under other accounting pronouncements that require or permit fair value measurements and, accordingly, does not require any new fair value measurements. The standard clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. The recorded values of long-term debt approximate their fair values, as interest approximates market rates. As a basis for considering such assumptions, the standard established a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value as follows: Level 1: Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. At each of December 31, 2015 and 2014, the carrying amount of cash, accounts receivable, notes payable, and accounts payable and accrued liabilities approximates fair value because of the short maturity of these instruments.
Earnings (Loss) Per Share	l. EARNINGS (LOSS) PER SHARE Basic earnings per share excludes any dilutive effects of options, warrants, and convertible securities. Basic earnings per share is computed using the weighted average number of shares of common stock and common stock equivalent shares outstanding during the period. Common stock equivalent shares are excluded from the computation if their effect is antidilutive. The Company did not have any stock equivalent shares for the years ended December 31, 2015 and 2014. Loss per share is computed by dividing reported net loss by the weighted average number of common shares outstanding during the period. The weighted-average number of common shares used in the calculation of basic loss per share was 4,624,123 in 2015 and 4,624,123 in 2014, respectively.
Recent Accounting Policies	m. RECENT ACCOUNTING POLICIES The Company believes there was no new accounting guidance adopted but not yet effective that either has not already been disclosed in prior reporting periods or is relevant to the readers of the Company’s financial statements. The Company continually assesses any new accounting pronouncements to determine their applicability to the Company. Where it is determined that a new accounting pronouncement affects the Company’s financial reporting, the Company undertakes a study to determine the consequence of the change to its financial statements and assures that there are proper controls in place to ascertain that the Company’s financials properly reflect the change.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Notes and Interest Payable to Related Parties	2015 2014 Various notes payable to Vaso Boreta bearing 10% per annum and due on demand (1) $ 3,200,149 $ 3,200,149 Note payable to BE Holdings 1, LLC, bearing 10% per annum and due on demand (2) 100,000 100,000 Various notes payable to SAGS, bearing 10% per annum and due on demand (3) 704,656 813,846 Notes Payable Short-term Debt Westside 15, LLC With no interest based on payment made by end of December 2016 (4) 93,921 71,561 Note payable to BE III, LLC, bearing 10% Per annum and due on demand (4) 200,500 200,500 TOTAL $ 4,299,226 $ 4,386,056

Property And Equipment (Tables)

Property And Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment	2015 2014 -------------- -------------- Furniture and Equipment $ 100,196 $ 63,956 Other Leasehold Improvement 160,886 160,886 Building 252,445 252,445 Land Improvements 495,351 495,351 Landscape Equipment 67,245 67,245 Other 145,563 145,563 Leased Equipment 144,445 142,247 -------------- --------------- 1,366,131 1,327,693 Less: Accumulated Depreciation (838,757 ) (726,529 ) $ 527,374 $ 601,164

Commitments (Tables)

Commitments (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Operating Lease Agreements	2016 529,840 2017 397,380 2018 145,707 2019 582,825 Thereafter 2,185,592 $ 3,841,344

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Tax Expense Benefit	Income tax expense (benefit) consists of the following: 2015 2014 Current tax $ 27,529 $4,143 Deferred tax (244,391) (220,926) Valuation allowance 216,862 216,783 $ - $ - 2015 2015 Deferred tax liabilities: Temporary differences related to: Depreciation (167,752) (142,855) Deferred tax assets: Net operating loss carry forward 5,099,568 4,787,809 Related Party interest 2,171,986 2,039,030 Other - - Net deferred tax asset before valuation allowance 7,103,802 6,683,984 Valuation Allowance (7,103,802) (6,683,984) $ - $ - 2015 2014 Income tax at federal rate 35.00% 35.00% Permanent differences -35.00% -35.00% Effective income tax rate 0.00% 0.00%

Related Party Transactions (Det

Related Party Transactions (Detail) - Notes and Interest Payable to Related Parties - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Notes Payable, current and non-current	$ 4,299,226	$ 4,386,056
Vaso Boreta [Member]
Notes Payable, current and non-current	$ 3,200,149	$ 3,200,149
Notes Payable, interest	10.00%	10.00%
BE Holdings 1, LLC [Member]
Notes Payable, current and non-current	$ 100,000	$ 100,000
Notes Payable, interest	10.00%	10.00%
SAGS [Member]
Notes Payable, current and non-current	$ 704,656	$ 813,846
Notes Payable, interest	10.00%	10.00%
Westside, 15, LLC [Member]
Notes Payable, current and non-current	$ 93,921	$ 71,561
BE, III [Member]
Notes Payable, current and non-current	$ 200,500	$ 200,500
Notes Payable, interest	10.00%	10.00%

Property And Equipment (Details

Property And Equipment (Details) - Schedule of Property and Equipment - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Property and Equipment	$ 1,366,131	$ 1,327,693
Less: Accumulated Depreciation	(838,757)	(726,529)
Property and Equipment, net	527,374	601,164
Furniture and Equipment [Member]
Property and Equipment	100,196	63,956
Other Leasehold Improvement [Member]
Property and Equipment	160,886	160,886
Building [Member]
Property and Equipment	252,445	252,445
Land Improvements [Member]
Property and Equipment	495,351	495,351
Landscape Equipment [Member]
Property and Equipment	67,245	52,057
Other [Member]
Property and Equipment	145,563	145,563
Leased Equipment [Member]
Property and Equipment	$ 144,445	$ 142,247

Commitments (Detail) - Operatin

Commitments (Detail) - Operating Lease Agreements	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 529,840
2,017	397,380
2,018	145,707
2,019	582,825
Thereafter	2,185,592
Total	$ 3,841,344

Income Taxes (Detail) - Income

Income Taxes (Detail) - Income Tax Expense Benefit - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Current tax	$ 27,529	$ 4,143
Deferred tax	(244,391)	(220,926)
Valuation allowance	$ 216,862	$ 216,783
Net tax benefit
Deferred tax liabilities:
Temporary differences related to: Depreciation	$ (167,752)	$ (142,855)
Deferred tax assets:
Net operating loss carry forward	5,099,568	4,787,809
Related party interest	$ 2,171,986	$ 2,039,030
Other
Net deferred tax asset before valuation allowance	$ 7,103,802	$ 6,683,984
Valuation Allowance	$ (7,103,802)	$ (6,683,984)
Deferred Tax Assets , net
Income tax at federal rate	35.00%	35.00%
Permanent differences	(35.00%)	(35.00%)
Effective income tax rate	0.00%	0.00%

Summary Of Significant Accoun25

Summary Of Significant Accounting Policies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Advertising Costs	$ 36,562	$ 43,168
Furniture and Equipment [Member] | Minimum [Member]
Useful Life of Assets	3 years
Furniture and Equipment [Member] | Maximum [Member]
Useful Life of Assets	10 years
Leasehold Improvements [Member] | Minimum [Member]
Useful Life of Assets	15 years
Leasehold Improvements [Member] | Maximum [Member]
Useful Life of Assets	25 years

Going Concern (Details Narrativ

Going Concern (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net Loss	$ 676,347	$ 624,994
Working Capital Deficit	13,149,871
Total stockholders' deficit	$ (13,316,559)	$ (12,643,894)	$ (12,024,568)

Related Party Transactions (D27

Related Party Transactions (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Payroll And Employee Benefits Expenses	$ 20,925	$ 19,875
Current portion due to related parties	1,724,286	1,617,550
Deferred Salaries	$ 97,500	97,500
Minority Ownership	49.00%
Minority Ownership, sale price	$ 600,000
Minority Ownership, fair value valuation description	Based on the Minority Value Estimate presented in connection with this appraisal, which included valuations utilizing the income, market and transaction approaches in its valuation methodology, the fair value of a 49% interest totaled $600,000.
Minority Ownership, fair value	$ 600,000
Interest Expense, related party notes	(530,507)	(531,229)
Accrued interest payable - related party	6,205,675	5,825,801
Sublease Space, monthly rental income	$ 13,104
Sublease Space 5-Year Options Increase	5.00%
Rental Income	$ 166,779	163,800
Director [Member]
Director Salaries		81,000
Director [Member] | Auto Allowance [Member]
Director's, other expenses		$ 6,000
Payment Period		yearly
Director [Member] | Medical Compensation [Member]
Director's, other expenses		$ 15,662
Payment Period		yearly
Ronald S. Boreta [Member]
Director Salaries	120,000
Ronald S. Boreta [Member] | Auto / Medical / Dental / Club Expenses [Member]
Director's, other expenses	$ 758
Payment Period	monthy

Property And Equipment (Detai28

Property And Equipment (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Depreciation Expenses	$ 110,031	$ 112,892

Commitments (Details Narrative)

Commitments (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Mar. 27, 2014
Commitments and Contingencies Disclosure [Abstract]
Lease Expense, monthly	$ 2,671
Current portion of capital lease obligation	32,082	$ 30,520
Long-term portion of capital lease obligation	$ 33,623	$ 65,806
Initial Payment, Sponsorship Agreement			$ 200,000

Income Taxes (Details Narrative

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Federal Net Operating Loss Carry Forwards	$ 22,000,000	$ 22,000,000
Minimum [Member]
Operating Loss Carry Forwards, Expiration Date	Jan. 1, 2020
Maximum [Member]
Operating Loss Carry Forwards, Expiration Date	Dec. 31, 2033

Capital Stock, Stock Options,31

Capital Stock, Stock Options, And Incentives (Details Narrative) - USD ($)	1 Months Ended
	May. 24, 2013	Dec. 31, 2015	Dec. 31, 2014
Preferred Stock, par value		$ 0.001	$ 0.001
Preferred Stock. authorized		10,000,000	10,000,000
Preferred Stock, issued		0	0
Preferred Stock, outstanding		0	0
Common Stock, par value		$ 0.001	$ 0.001
Common Stock, authorized		50,000,000	50,000,000
Common Stock, issued		4,624,123	4,624,123
Common Stock, outstanding		4,624,123	4,624,123
One Director And One Employee For Services
Shares Issued	68,000
Vesting Rights	In accordance with the terms of the grant, the shares will vest in full at the end of two years from the date of grant for the director. The restricted common stock granted to the employee will vest in full at the end of three years from the date of grant.
Stock-Based Compensation	$ 13,600
To A Director For Past Services
Shares Issued	34,000
Stock-Based Compensation	$ 6,800