XML 25 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Revenue $ 454,412 $ 435,968 $ 1,531,550 $ 1,571,626
For the nine months ending September 30, 2013 and 2012, the Company recognized rental income totaling $122,850 and $79,797, respectively. 40,951 40,446 122,850 119,070
Total Revenue 495,363 476,414 1,654,400 1,690,696
Cost of revenue 169,581 194,662 539,477 573,350
Gross profit 325,782 281,752 1,114,923 1,117,346
Expenses:        
General and administrative expenses 388,406 408,331 1,126,142 1,121,065
Depreciation and amortization 28,508 25,612 84,504 81,525
Total expenses 416,914 433,943 1,210,646 1,202,590
Net operating loss (91,132) (152,191) (95,723) (85,244)
Other income (expense):        
Interest expense (131,312) (135,000) (397,801) (405,705)
Gain on property and equipment 0 (2,436) 0 (60,881)
Other income (expense) 0 (2,482) 0 (2,482)
Total other income (expense) (131,312) (139,918) (397,801) (469,068)
Net loss before provision for income tax (222,444) (292,109) (493,524) (554,312)
Provision for income tax expense 0 0 0 0
Net loss (222,444) (292,109) (493,524) (554,312)
Net income (loss) attributable to non-controlling interest 65,920 (44,365) 65,920 40,321
Net loss attributable to All-American SportPark, Inc. $ (288,364) $ (247,744) $ (559,444) $ (5,943,122)
Net loss per share - basic and fully diluted $ (0.06) $ (0.06) $ (0.12) $ (0.12)
Weighted average number of common shares outstanding - basic and fully diluted 4,624,123 4,522,123 4,579,288 4,522,123