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Note 5 - Heritage and Cultural Assets | 3 Months Ended
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Mar. 31, 2016
Heritage And Cultural Assets [Abstract] |
Heritage And Cultural Assets [Text Block] | Note 5 - Heritage and Cultural Assets As of March 31, 2016 and December 31, 2015, Nova Museum had heritage and cultural assets of $125,494 and $124,868, respectively, consisting principally of collectibles and antiques for exhibition. Depreciation is not required to be provided on heritage assets that have indefinite lives and no reduction in their value with the passage of time; however, the carrying amount of the heritage and cultural assets will be reviewed when there is evidence of impairment in accordance with ASC 360-10.

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- Definition Description of collectibles and antiques held for exhibition. + References No definition available. + Details
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Namespace Prefix: | nvfy_
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