Long-Term Debt and Capital Lease Obligations (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Obligations

Long-term debt and capital lease obligations at December 31, 2013 and 2012 consisted of the following:

Note Description	2013			2012
$5,000,000 Note Payable (Auramet Facility) - Paid in full in 2013.	$	—		$	5,422,200
$5,000,000 Note Payable (Caterpillar Equipment Facility) - Principal and interest at 5.85% payable in monthly installments of $179,556 with the final payment due on or before March 31, 2015. Secured by certain equipment of the Company.	1,863,193			4,405,906
$484,000 Note Payable (Caterpillar Equipment Facility) - Principal and interest at 4.95% payable in monthly installments of $11,142 with the final payment due on or before August 16, 2017. Secured by certain equipment of the Company.	448,402			—
$2,500,000 Note Payable (Dayton Property "Golden Goose", as amended) - Principal payable in installments of $62,500 in January and April 2014. Secured by first deed of trust on the land. At December 31, 2013 and 2012, the note payable was net of imputed interest of $0 and $325,938, respectively.	125,000			2,050,966
$725,000 Note Payable (Donovan Property) - Principal and interest at 6% payable in monthly installments of $6,178 with final payment due on or before July 1, 2015. Secured by deeds of trust on land and unpatented claims.	611,870			647,409
$340,000 Note Payable (Gold Hill Hotel) - Principal and interest at 4.5% payable in monthly installments of $2,601 with the final payment due on or before April 30, 2026. Secured by first deed of trust on rental property.	296,496			313,938
$300,000 Note Payable (White House) - Principal and interest at 4.5% payable in monthly installments of $1,520 with the final payment due on or before April 1, 2017. Secured by first deed of trust on the land.	291,811			296,798
$240,000 Note Payable (Railroad & Gold Property) - Principal and interest at 4.5% payable in monthly installments of $1,835 with the final payment due on or before April 1, 2017. Secured by first deed of trust on the land.	220,618			232,421
Notes Payable – Other – Various other notes payable with interest rates between 4.5% and 8% payable in monthly installments due on or before September 1, 2019. Secured by first deed of trust on various property owned by the Company.	403,278			362,017
$3,824,297 Caterpillar Equipment Capital Lease - Principal and interest at 4.45% payable in monthly installments of $73,029 due on or before October 17, 2017. Secured by certain equipment under capital lease.	3,646,806			—
Subtotal	7,907,474			13,731,655
Less current portion	(2,675,800		)	(7,720,764		)
Long-term portion of long-term debt and capital lease obligations	$	5,231,674		$	6,010,891

Schedule of Future Maturities of Long-Term Debt Obligations

Future maturities of long-term debt and capital leases obligations are as follows:

Years Ending December 31:
2014	$	2,675,800
2015	2,108,978
2016	989,918
2017	1,902,724
2018	—
Thereafter	230,054
	$	7,907,474

Schedule of Future Minimum Lease Payments for Capital Leases

The annual maturities of capital lease obligations, including interest, are as follows:

Years Ending December 31:	Amount
2014	$	876,351
2015	876,351
2016	876,352
2017	1,389,984
Total	4,019,038
Less: Interest	(372,232		)
Net capital lease obligations	3,646,806
Less: current portion	(730,009		)
Long-term portion of capital lease obligations	$	2,916,797