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4. Joint Ventures: Schedule of percentage ownership and method of accounting (Tables)
3 Months Ended
Mar. 31, 2016
Tables/Schedules  
Schedule of percentage ownership and method of accounting

 

 

March 31, 2016

December 31, 2015

Joint Venture

% Ownership

Significant Influence?

Accounting Method

% Ownership

Significant Influence?

Accounting Method

New Jersey Mill Joint Venture(“NJMJV”)

67%

Yes

Consolidated

67%

Yes

Consolidated

Golden Chest LLC Joint Venture (“GCJV”)

100%

Yes

Consolidated

100%

Yes

Consolidated

Butte Highlands Joint Venture (“BHJV”)

50%

No

Cost

NA

NA

NA