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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
 
Quarter Ended
 
March 31, 2016
 
June 30, 2016
 
September 30, 2016
 
December 31, 2016
Revenues
$
2,020,521

 
$
1,491,276

 
$
1,134,795

 
$
423,625

Gross profit/(loss) (1)
552,171

 
136,636

 
273,870

 
(580,694
)
Loss from operations
(3,829,658
)
 
(2,268,327
)
 
(1,667,446
)
 
(2,447,913
)
Net profit (loss)
(4,051,395
)
 
(2,854,784
)
 
(2,193,201
)
 
(3,865,324
)
Net profit (loss) available to common shareholders
(4,051,395
)
 
(2,854,784
)
 
(2,193,201
)
 
(3,865,324
)
Basic earnings per common share
(0.02
)
 
(0.02
)
 
(0.01
)
 
(0.02
)
Diluted earnings per common share
(0.02
)
 
(0.02
)
 
(0.01
)
 
(0.02
)
 
 
 
 
 
 
 
 
 
Quarter Ended
 
March 31, 2015
 
June 30, 2015
 
September 30, 2015
 
December 31, 2015
Revenues
$
6,037,417

 
$
5,488,291

 
$
4,345,073

 
$
2,622,069

Gross profit/(loss) (1)
2,119,479

 
2,207,193

 
852,213

 
2,318,960

Loss from operations
(1,673,168
)
 
(1,178,995
)
 
(3,969,659
)
 
(5,603,691
)
Net loss
1,289,114

 
(1,509,446
)
 
(4,307,358
)
 
(5,926,737
)
Net loss available to common shareholders
390,282

 
(2,474,610
)
 
(7,952,246
)
 
(5,870,298
)
Basic earnings per common share
0.01

 
(0.03
)
 
(0.07
)
 
(0.05
)
Diluted earnings per common share
0.01

 
(0.03
)
 
(0.07
)
 
(0.05
)
 
 
 
 
 
 
 
 

  (1) Total revenues less costs applicable to mining revenue and real estate operating costs.