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Segment Reporting
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
 
Our management organizes the Company into two operating segments, mining and hospitality. Our mining segment consists of all activities and expenditures associated with mining. Our hospitality segment consists of hotel rooms, cottages, restaurant, bar and other services provided by Gold Hill Hotel.  We evaluate the performance of our operating segments based on operating income (loss). All intercompany transactions have been eliminated, and intersegment revenues are not significant. 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,
 
2014
 
2013
 
2014
 
2013
Revenue
 
 
 
 
 
 
 
Mining
$
5,978,983

 
$
6,811,516

 
$
11,585,047

 
$
10,479,438

Hospitality
236,932

 
174,393

 
394,329

 
296,237

Total revenue
6,215,915

 
6,985,909

 
11,979,376

 
10,775,675

 
 
 
 
 
 
 
 
Cost and Expenses
 
 
 
 
 
 
 
Mining
(9,011,838
)
 
(12,360,332
)
 
(17,892,665
)
 
(21,681,917
)
Hospitality
(304,846
)
 
(290,530
)
 
(591,145
)
 
(496,871
)
Total cost and expenses
(9,316,684
)
 
(12,650,862
)
 
(18,483,810
)
 
(22,178,788
)
 
 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
 
Mining
(3,032,855
)
 
(5,548,816
)
 
(6,307,618
)
 
(11,202,479
)
Hospitality
(67,914
)
 
(116,137
)
 
(196,816
)
 
(200,634
)
Total loss from operations
(3,100,769
)
 
(5,664,953
)
 
(6,504,434
)
 
(11,403,113
)
 
 
 
 
 
 
 
 
Other income (expense), net
(287,817
)
 
140,629

 
(709,132
)
 
115,757

Net loss
$
(3,388,586
)
 
$
(5,524,324
)
 
$
(7,213,566
)
 
$
(11,287,356
)
 
 
 
 
 
 
 
 
Depreciation, Depletion and Amortization
 
 
 
 
 
 
 
Mining
$
1,629,530

 
$
1,010,692

 
$
3,234,179

 
$
2,061,443

Hospitality
29,293

 
32,418

 
64,954

 
64,836

Total depreciation, amortization and depletion
$
1,658,823

 
$
1,043,110

 
$
3,299,133

 
$
2,126,279

 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$
231,285

 
$
1,133,465

 
$
2,091,127

 
$
1,262,027

Hospitality
—

 
—

 
83,477

 
—

Total capital expenditures
$
231,285

 
$
1,133,465

 
$
2,174,604

 
$
1,262,027

 
 
As of June 30,
 
As of December 31,
 
2014
 
2013
Assets
 
 
 
Mining
$
51,548,469

 
$
42,841,452

Hospitality
1,164,824

 
1,158,544

 
$
52,713,293

 
$
43,999,996