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Deferred Income and Revenue Participation Rights (Tables) | 9 Months Ended
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Sep. 30, 2014
Deferred Revenue Disclosure [Abstract] |
Participating Revenue Rights | The Company’s participating revenue rights and deferred revenue consisted of the following at September 30, 2014 and December 31, 2013:
|  | September 30, 2014 |  |  | December 31, 2013 |
“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 |
Marine services projects |  |  | 1,840,404 |  |  |  | 1,840,404 |
Total deferred income and participating revenue rights |  | $ | 6,484,154 |  |  | $ | 6,484,154 |

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