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Segment Reporting | 9 Months Ended
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Sep. 30, 2020
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 exploration, mineral development and mining. Our real estate segment consists of land, real estate rental properties, the Gold Hill Hotel, and the Daney Ranch. We evaluate the performance of our operating segments based on operating income (loss). All intercompany transactions have been eliminated. Financial information relating to our reportable operating segments and reconciliation to the consolidated totals follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Revenue |  |  |  |  |  |  |
Mining | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Real estate (Note 13) | 49,425 |  |  | 48,350 |  |  | 146,225 |  |  | 130,132 |
Total revenue | 49,425 |  |  | 48,350 |  |  | 146,225 |  |  | 130,132 |
Costs and Expenses |  |  |  |  |  |  |
Mining | (832,040) |  |  | (832,082) |  |  | (3,332,742) |  |  | (3,913,388) |
Real estate | (698,957) |  |  | (8,651) |  |  | (727,873) |  |  | (31,362) |
Total costs and expenses | (1,530,997) |  |  | (840,733) |  |  | (4,060,615) |  |  | (3,944,750) |
Operating Income (Loss) |  |  |  |  |  |  |
Mining | (832,040) |  |  | (832,082) |  |  | (3,332,742) |  |  | (3,913,388) |
Real estate | (649,532) |  |  | 39,699 |  |  | (581,648) |  |  | 98,770 |
Total loss from operations | (1,481,572) |  |  | (792,383) |  |  | (3,914,390) |  |  | (3,814,618) |
Gain on sale of membership interests in Comstock Mining LLC (Note 20) | 18,275,846 |  |  | — |  |  | 18,275,846 |  |  | — |
Change in estimated fair value of contingent forward asset | (647,502) |  |  | — |  |  | 765,880 |  |  | — |
Interest expense | (164,448) |  |  | (179,588) |  |  | (306,692) |  |  | (822,632) |
Other income (expense) (Note 19) | 1,347,738 |  |  | 1,358,868 |  |  | 3,522,192 |  |  | 1,111,338 |
Net income (loss) | $ | 17,330,062 |  |  | $ | 386,897 |  |  | $ | 18,342,836 |  |  | $ | (3,525,912) |
Capital Expenditures |  |  |  |  |  |  |
Mining | $ | 4,000 |  |  | $ | — |  |  | $ | 15,000 |  |  | $ | — |
Real estate | — |  |  | 550,000 |  |  | — |  |  | 1,635,000 |
Total capital expenditures | $ | 4,000 |  |  | $ | 550,000 |  |  | $ | 15,000 |  |  | $ | 1,635,000 |
Depreciation, Amortization, and Depletion |  |  |  |  |  |  |
Mining | $ | 86,082 |  |  | $ | 396,910 |  |  | $ | 386,671 |  |  | $ | 1,565,841 |
Real estate | 690,151 |  |  | 2,465 |  |  | 705,233 |  |  | 7,395 |
Total depreciation, amortization, and depletion | $ | 776,233 |  |  | $ | 399,375 |  |  | $ | 1,091,904 |  |  | $ | 1,573,236 |
| As of September 30, |  | As of December 31,
| 2020 |  | 2019
Assets |  |  |
Mining | $ | 39,355,282 |  |  | $ | 30,106,865 |
Real estate | 8,814,813 |  |  | 9,463,027 |
Total assets | $ | 48,170,095 |  |  | $ | 39,569,892 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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