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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2019
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 
 September 30,
 
Nine Months Ended 
 September 30,
 
2019
 
2018
 
2019
 
2018
Revenue
 
 
 
 
 
 
 
Mining
$

 
$

 
$

 
$

Real estate
48,350

 
32,281

 
130,132

 
83,946

Total revenue
48,350

 
32,281

 
130,132

 
83,946

 
 
 
 
 
 
 
 
Costs and Expenses
 
 
 
 
 
 
 
Mining
(832,082
)
 
(1,557,224
)
 
(3,913,388
)
 
(5,418,546
)
Real estate
(8,651
)
 
(12,887
)
 
(31,362
)
 
(29,858
)
Total costs and expenses
(840,733
)
 
(1,570,111
)
 
(3,944,750
)
 
(5,448,404
)
 
 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
 
Mining
(832,082
)
 
(1,557,224
)
 
(3,913,388
)
 
(5,418,546
)
Real estate
39,699

 
19,394

 
98,770

 
54,088

Total loss from operations
(792,383
)
 
(1,537,830
)
 
(3,814,618
)
 
(5,364,458
)
 
 
 
 
 
 
 
 
Other income (expense), net
1,179,280

 
(507,280
)
 
288,706

 
(1,580,888
)
Net income (loss)
$
386,897

 
$
(2,045,110
)
 
$
(3,525,912
)
 
$
(6,945,346
)
 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$

 
$
800,000

 
$

 
$
1,305,631

Real estate
550,000

 

 
1,635,000

 

Total capital expenditures
$
550,000

 
$
800,000

 
$
1,635,000

 
$
1,305,631

 
 
 
 
 
 
 
 
Depreciation, Amortization, and Depletion
 
 
 
 
 
 
 
Mining
$
396,910

 
$
1,631,007

 
$
1,565,841

 
$
2,461,422

Real estate
2,465

 
4,930

 
7,395

 
7,395

Total depreciation, amortization, and depletion
$
399,375

 
$
1,635,937

 
$
1,573,236

 
$
2,468,817


 
As of September 30,
 
As of December 31,
 
2019
 
2018
Assets
 
 
 
Mining
$
27,598,489

 
$
21,166,231

Real estate
7,808,965

 
7,445,494

Total assets
$
35,407,454

 
$
28,611,725