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Revenue Participation Rights (Tables)
9 Months Ended
Sep. 30, 2017
Revenue Recognition and Deferred Revenue [Abstract]  
Participating Revenue Rights

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

 

     September 30,
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 revenue participation rights

   $ 4,643,750      $ 4,643,750