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Segment Reporting
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
 
Our management organizes the Company into two operating segments, mining and real estate. Our mining segment consists of all activities and expenditures associated with mining. Our real estate segment consists of land, real estate rental properties and the Gold Hill Hotel. We evaluate the performance of our operating segments based on operating income (loss). All intercompany transactions have been eliminated, and intersegment revenues are not significant. Financial information relating to our reportable operating segments and reconciliation to the consolidated totals is as follows:    

 
Three Months Ended 
 March 31,
 
2016
 
2015
Revenue
 
 
 
Mining
$
1,980,764

 
$
5,927,174

Real estate
39,757

 
110,243

Total revenue
2,020,521

 
6,037,417

 
 
 
 
Cost and Expenses
 
 
 
Mining
(5,797,750
)
 
(7,510,558
)
Real estate
(52,429
)
 
(200,027
)
Total cost and expenses
(5,850,179
)
 
(7,710,585
)
 
 
 
 
Operating Loss
 
 
 
Mining
(3,816,986
)
 
(1,583,384
)
Real estate
(12,672
)
 
(89,784
)
Total loss from operations
(3,829,658
)
 
(1,673,168
)
 
 
 
 
Other income (expense), net
(221,737
)
 
2,962,282

Net income (loss)
$
(4,051,395
)
 
$
1,289,114

 
 
 
 
Depreciation, Depletion and Amortization
 
 
 
Mining
$
1,660,512

 
$
1,890,108

Real estate
32,119

 
23,397

Total depreciation, amortization and depletion
$
1,692,631

 
$
1,913,505

 
 
 
 
Capital Expenditures
 
 
 
Mining
$
178,025

 
$
3,508,351

Real estate
—

 
14,663

Total capital expenditures
$
178,025

 
$
3,523,014




 
As of March 31,
 
As of December 31,
 
2016
 
2015
Assets
 
 
 
Mining
$
41,500,677

 
$
41,886,124

Real estate
1,134,572

 
1,326,767

Total assets
$
42,635,249

 
$
43,212,891