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Revenue Participation Rights (Tables)

9 Months Ended

Sep. 30, 2012

Revenue Participation Rights [Abstract]

Participating revenue rights

The Company’s participating revenue rights consisted of the following at September 30, 2012 and December 31, 2011:

		September 30, 2012				December 31, 2011
“Cambridge” project		$	825,000			$	825,000
“Republic” (now “Seattle”) project			62,500				62,500
Galt Resources, LLC			3,756,250				7,512,500
Total participating revenue rights		$	4,643,750			$	8,400,000

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Schedule of revenue participation rights.

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