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Other Non-Current Assets
 12 Months Ended
Dec. 31, 2017
Investments, All Other Investments [Abstract]  
Other Non-Current Assets

NOTE F – OTHER NON-CURRENT ASSETS

Other long-term assets consist of the following:

 

     December 31, 2017      December 31, 2016  

Deposits

    $ 532,500      $ 532,500  
  

 

 

     

 

 

  

Total other long-term assets

    $ 532,500      $ 532,500  
  

 

 

     

 

 

  

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. Theses HMS Sussex deposits of $532,500 are refundable in their entirety, net of approved Ministry of Defense related expenses.