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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
REVENUES      
Revenue - Mining $ 24,103,013 $ 4,504,457 $ 0
Revenue - Hospitality 723,574 634,159 473,386
Total revenues 24,826,587 5,138,616 473,386
COST AND EXPENSES      
Costs applicable to mining revenue 26,495,665 3,554,727 0
Hospitality operating costs 1,117,225 928,897 570,039
Reclamation and exploration 8,504,992 18,305,303 9,501,327
General and administrative 7,968,725 9,277,944 4,474,726
Consultants and professional fees 1,672,782 3,391,379 1,481,835
Total cost and expenses 45,759,389 35,458,250 16,027,927
LOSS FROM OPERATIONS (20,932,802) (30,319,634) (15,554,541)
OTHER INCOME (EXPENSE)      
Change in fair value of derivatives 454,681 438,519 3,864,146
Interest expense (1,157,535) (929,837) (80,630)
Interest income 2,101 17,309 72,928
Other 286,535 31,370 15,785
Total other income (expense), net (414,218) (442,639) 3,872,229
LOSS BEFORE INCOME TAXES (21,347,020) (30,762,273) (11,682,312)
INCOME TAX BENEFIT 0 0 76,081
NET LOSS (21,347,020) (30,762,273) (11,606,231)
DIVIDENDS ON CONVERTIBLE PREFERRED STOCK (4,016,705) (4,370,247) (4,696,766)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS $ (25,363,725) $ (35,132,520) $ (16,302,997)
Net loss per common share - basic (in usd per share) $ (0.42) $ (0.87) $ (0.66)
Net loss per common share - diluted (in usd per share) $ (0.42) $ (0.87) $ (0.66)
Weighted average common shares outstanding - basic (in shares) 60,580,742 40,497,098 24,640,774
Weighted average common shares outstanding - diluted (in shares) 60,580,742 40,497,098 24,640,774