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Formation of Joint Venture Company (Details) - USD ($) | Mar. 31, 2016 | Mar. 31, 2015 | Jan. 08, 2015
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Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | $ 0 | $ 1,400,000 | $ 1,433,886
Royal Alaska Joint Venture Percentage | 6.80% |  |
joint adventure investment |  |  | $ 45,700,000
Royal Gold percentage of interest |  |  | 0.00%
Royal Gold initial investment |  |  | $ 5,000,000
joint adventure economic interest |  |  | 40.00%
Royal Gold aggregate amount of investment |  |  | $ 30,000,000
joint adventure interest retained in the Company |  |  | 60.00%
Contango Joint Venture Percentage | 93.00% |  | 100.00%
royalgoldadditionalinvestment |  |  | $ 750,000
ADDITIONAL ECONOMIC INTEREST SELLABLE |  |  | 20.00%

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- Definition joint adventure investment; total contributed assets value + References No definition available. + Details
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- Definition Royal Alaska Joint Venture Percentage + References No definition available. + Details
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- Definition Royal Gold aggregate amount of investment + References No definition available. + Details
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- Definition Royal Gold initial investment + References No definition available. + Details
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- Definition Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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