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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Restricted Cash      
Certificates of deposit and money market accounts $ 9,491,865 $ 9,379,794  
Change in the balance of the restoration and reclamation liability      
Reserve for future restoration and reclamation costs at the beginning of the period 4,735,759 5,043,645  
Changes in cash flow estimates 1,444,406 1,101,234  
Costs incurred (1,767,289) (1,530,303)  
Accretion expense 85,181 121,183 155,943
Reserve for future restoration and reclamation costs at the end of the period 4,498,057 4,735,759 5,043,645
Contingent Liabilities-Off Balance Sheet Arrangements      
Amount of bank Letters of Credit and performance bonds issued $ 8,707,000    
Earnings Per Share      
Dilutive securities (in shares) 0 0 0
Potential dilutive Common Stock excluded from the calculation of diluted earnings per share (in shares) 403,274 454,885 594,714