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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Schedule of Financial Information Relating to Reportable Operating Segments and Reconciliation to Condensed Consolidated Totals
Financial information relating to our reportable operating segments and reconciliation to the consolidated totals is as follows:    

 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Revenue
 
 
 
 
 
 
 
Mining
$
1,457,991

 
$
5,442,027

 
$
3,438,755

 
$
11,369,201

Real estate
33,285

 
46,264

 
73,042

 
156,507

Total revenue
1,491,276

 
5,488,291

 
3,511,797

 
11,525,708

 
 
 
 
 
 
 
 
Cost and Expenses
 
 
 
 
 
 
 
Mining
(3,667,279
)
 
(6,606,019
)
 
(9,465,029
)
 
(14,117,248
)
Real estate
(92,324
)
 
(61,267
)
 
(144,753
)
 
(261,294
)
Total cost and expenses
(3,759,603
)
 
(6,667,286
)
 
(9,609,782
)
 
(14,378,542
)
 
 
 
 
 
 
 
 
Operating Loss
 
 
 
 
 
 
 
Mining
(2,209,288
)
 
(1,163,992
)
 
(6,026,274
)
 
(2,748,047
)
Real estate
(59,039
)
 
(15,003
)
 
(71,711
)
 
(104,787
)
Total loss from operations
(2,268,327
)
 
(1,178,995
)
 
(6,097,985
)
 
(2,852,834
)
 
 
 
 
 
 
 
 
Other income (expense), net
(586,457
)
 
(330,451
)
 
(808,194
)
 
2,632,502

Net income (loss)
$
(2,854,784
)
 
$
(1,509,446
)
 
$
(6,906,179
)
 
$
(220,332
)
 
 
 
 
 
 
 
 
Depreciation, Depletion and Amortization
 
 
 
 
 
 
 
Mining
$
1,580,201

 
$
1,890,467

 
$
3,240,713

 
$
3,780,575

Real estate
82,345

 
32,120

 
114,465

 
55,517

Total depreciation, amortization and depletion
$
1,662,546

 
$
1,922,587

 
$
3,355,178

 
$
3,836,092

 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$
156,815

 
$
143,272

 
$
334,840

 
$
3,651,623

Real estate
2,261,263

 

 
2,261,263

 
14,663

Total capital expenditures
$
2,418,078

 
$
143,272

 
$
2,596,103

 
$
3,666,286




 
As of June 30,
 
As of December 31,
 
2016
 
2015
Assets
 
 
 
Mining
$
34,996,561

 
$
41,886,124

Real estate
2,838,107

 
1,326,767

Total assets
$
37,834,668

 
$
43,212,891