XML 71 R56.htm IDEA: XBRL DOCUMENT
v3.23.1

Notes Receivable (Details) - USD ($) | Dec. 31, 2022 | Dec. 31, 2021
--- | --- | ---
Total Notes Receivable |  |  | $ 1,194,235
P L C International Investments Inc [Member] |  |  |
Total Notes Receivable | [1] |  | 860,491
TMC Capital LLC [Member] |  |  |
Total Notes Receivable | [2] |  | $ 333,744
[1] | In December 2021 we sold such 3,309,578 shares of Odyssey common stock in a private transaction for a purchase price of $860,491, reflecting the market price as of such time. Such purchase price was paid in the form of $10,000 cash delivered at signing and a note issued in favor of Vivakor in the amount of $850,491 accruing interest at 3% per annum, with payments due quarterly over a five year term. As of December 31, 2022 we have reserved against the note in the amount of $828,263.
[2] | The Company has a $333,744 note receivable with TMC Capital, LLC, an affiliate of MCW Energy Group Limited. The parties amended the agreement in December 2021 to have the note paid on or before October 1, 2022. As of December 31, 2022 we have reserved against the note in the amount of $333,744.

X
- Definition The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle) and amount due to the Entity from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such investments and receivables to an amount that approximates their net realizable value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(18)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermInvestmentsAndReceivablesNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=VIVK_PLCInternationalInvestmentsIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=VIVK_TMCCapitalLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |