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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Financial Information Relating to Reportable Operating Segments and Reconciliation to Consolidated Totals
Financial information relating to our reportable operating segments and reconciliation to the consolidated totals is as follows:    

 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2018
 
2017
 
2018
 
2017
Revenue
 
 
 
 
 
 
 
Mining
$

 
$

 
$

 
$

Real estate
28,815

 
27,370

 
51,665

 
46,664

Total revenue
28,815

 
27,370

 
51,665

 
46,664

 
 
 
 
 
 
 
 
Costs and Expenses
 
 
 
 
 
 
 
Mining
(1,957,960
)
 
(2,556,234
)
 
(3,861,322
)
 
(5,003,054
)
Real estate
(9,880
)
 
(22,813
)
 
(16,971
)
 
(39,946
)
Total costs and expenses
(1,967,840
)
 
(2,579,047
)
 
(3,878,293
)
 
(5,043,000
)
 
 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
 
Mining
(1,957,960
)
 
(2,556,234
)
 
(3,861,322
)
 
(5,003,054
)
Real estate
18,935

 
4,557

 
34,694

 
6,718

Total loss from operations
(1,939,025
)
 
(2,551,677
)
 
(3,826,628
)
 
(4,996,336
)
 
 
 
 
 
 
 
 
Other income (expense), net
(476,307
)
 
(381,045
)
 
(1,073,608
)
 
(710,567
)
Net loss
$
(2,415,332
)
 
$
(2,932,722
)
 
$
(4,900,236
)
 
$
(5,706,903
)
 
 
 
 
 
 
 
 
Depreciation, Amortization, and Depletion
 
 
 
 
 
 
 
Mining
$
830,416

 
$
1,097,963

 
$
1,654,878

 
$
2,249,092

Real estate
2,465

 
2,465

 
4,930

 
6,638

Total depreciation, amortization, and depletion
$
832,881

 
$
1,100,428

 
$
1,659,808

 
$
2,255,730

 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$
255,631

 
$
117,000

 
$
255,631

 
$
1,797,679

Real estate

 

 

 

Total capital expenditures
$
255,631

 
$
117,000

 
$
255,631

 
$
1,797,679


 
As of June 30,
 
As of December 31,
 
2018
 
2017
Assets
 
 
 
Mining
$
23,545,372

 
$
25,530,508

Real estate
5,574,697

 
5,433,405

Total assets
$
29,120,069

 
$
30,963,913