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Segment Reporting
 9 Months Ended
Sep. 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 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Revenue
 
 
 
 
 
 
 
Mining
$
6,513,348

 
$
6,607,132

 
$
18,098,395

 
$
17,086,569

Hospitality
274,201

 
211,646

 
668,530

 
507,883

Total revenue
6,787,549

 
6,818,778

 
18,766,925

 
17,594,452

 
 
 
 
 
 
 
 
Cost and Expenses
 
 
 
 
 
 
 
Mining
(7,886,550
)
 
(10,947,870
)
 
(25,779,216
)
 
(32,666,736
)
Hospitality
(331,613
)
 
(313,653
)
 
(922,758
)
 
(773,577
)
Total cost and expenses
(8,218,163
)
 
(11,261,523
)
 
(26,701,974
)
 
(33,440,313
)
 
 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
 
Mining
(1,373,202
)
 
(4,340,738
)
 
(7,680,821
)
 
(15,580,167
)
Hospitality
(57,412
)
 
(102,007
)
 
(254,228
)
 
(265,694
)
Total loss from operations
(1,430,614
)
 
(4,442,745
)
 
(7,935,049
)
 
(15,845,861
)
 
 
 
 
 
 
 
 
Other income (expense), net
381,856

 
(75,515
)
 
(327,276
)
 
40,244

Net loss
$
(1,048,758
)
 
$
(4,518,260
)
 
$
(8,262,325
)
 
$
(15,805,617
)
 
 
 
 
 
 
 
 
Depreciation, Depletion and Amortization
 
 
 
 
 
 
 
Mining
$
1,735,195

 
$
1,156,022

 
$
4,969,374

 
$
3,217,465

Hospitality
24,204

 
34,110

 
89,158

 
98,946

Total depreciation, amortization and depletion
$
1,759,399

 
$
1,190,132

 
$
5,058,532

 
$
3,316,411

 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$
2,815,573

 
$
6,541,845

 
$
4,906,700

 
$
7,803,871

Hospitality
—

 
30,447

 
83,477

 
30,447

Total capital expenditures
$
2,815,573

 
$
6,572,292

 
$
4,990,177

 
$
7,834,318

 
 
As of September 30,
 
As of December 31,
 
2014
 
2013
Assets
 
 
 
Mining
$
48,393,954

 
$
42,841,452

Hospitality
1,159,493

 
1,158,544

Total assets
$
49,553,447

 
$
43,999,996