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Revenue Participation Rights (Tables) | 9 Months Ended
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Sep. 30, 2013
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Participating Revenue Rights | The Company’s participating revenue rights consisted of the following at September 30, 2013 and December 31, 2012:
|  | September 30, 2013 |  |  | December 31, 2012 |
“Cambridge” project |  | $ | 825,000 |  |  | $ | 825,000 |
“Republic” (now “Seattle”) project |  |  | 62,500 |  |  |  | 62,500 |
Galt Resources, LLC (HMS Victory) |  |  | 3,756,250 |  |  |  | 3,756,250 |
Total participating revenue rights |  | $ | 4,643,750 |  |  | $ | 4,643,750 |

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