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Deferred Income and Revenue Participation Rights (Tables)
3 Months Ended
Mar. 31, 2017
Deferred Revenue Disclosure [Abstract]  
Participating Revenue Rights

The Company’s participating revenue rights and deferred income consisted of the following at:

 

     March 31,
2017
     December 31,
2016
 

Cambridge” project

   $ 825,000      $ 825,000  

Seattle” project

     62,500        62,500  

Galt Resources, LLC (HMS Victory project)

     3,756,250        3,756,250  
  

 

 

    

 

 

 

Total deferred income and participating revenue rights

   $ 4,643,750      $ 4,643,750