XML 97 R15.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Other Long-Term Assets | 12 Months Ended
--- | ---
Dec. 31, 2014
Investments, All Other Investments [Abstract] |
Other Long-Term Assets | NOTE H – OTHER LONG-TERM ASSETS Other long-term assets consist of the following:
|  | 2014 |  |  | 2013 |
Recovered cargo |  | $ | 730,463 |  |  | $ | 1,191,952 |
Deposits |  |  | 541,590 |  |  |  | 1,673,709 |
Image use rights, net |  |  | — |  |  |  | 280 |
Total other long-term assets |  | $ | 1,272,053 |  |  | $ | 2,865,941 |
The recovered cargo balances for both years consist of cargo items conserved specifically for the Company and are intended to be held long term by us. The 2014 recovered cargo balance consists primarily of SS Republic coins and silver bullion bars from the SSGairsoppa silver recovery and other artifacts. The 2013 amount consists mainly of SS Republic coins, silver bullion bars from the SS Gairsoppa silver recovery and other artifacts. Deposits for both years include $432,500 on account with the United Kingdom’s Ministry of Defense relating to the expense deposits for HMS Sussex and $100,000 deposit to fund conservation and documentation of any artifacts recovered. The HMS Sussex deposits are refundable from proceeds the United Kingdom would receive if HMS Sussex is discovered and its artifacts monetized. If HMS Sussexis not discovered, the Company is at risk for the expense deposit portion. Other deposits are held by various vendors for equipment, services, and in accordance with agreements in the normal course of business. Image use rights are amounts paid to utilize, for a period up to five years, copyrighted images in our themed attractions. 2013 deposits also included $1,187,400 on items that eventually became fixed assets in 2014.

X
- Details
Name: | us-gaap_InvestmentsAllOtherInvestmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for investments and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_InvestmentsAndOtherNoncurrentAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration