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Segment Reporting
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
 
Our management organizes the Company into two operating segments: mining and real estate. Our mining segment consists of all activities and expenditures associated with exploration, mineral development and mining. Our real estate segment consists of land, real estate rental properties and the Gold Hill Hotel. We evaluate the performance of our operating segments based on operating income (loss). All intercompany transactions have been eliminated. Financial information relating to our reportable operating segments and reconciliation to the consolidated totals follows:    

 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2020
 
2019
 
2020
 
2019
Revenue
 
 
 
 
 
 
 
Mining
$
—

 
$
—

 
$
—

 
$
—

Real estate
48,375

 
44,184

 
96,800

 
81,782

Total revenue
48,375

 
44,184

 
96,800

 
81,782

 
 
 
 
 
 
 
 
Costs and Expenses
 
 
 
 
 
 
 
Mining
(1,243,992
)
 
(1,485,274
)
 
(2,500,702
)
 
(3,081,304
)
Real estate
(15,320
)
 
(12,288
)
 
(28,916
)
 
(22,711
)
Total costs and expenses
(1,259,312
)
 
(1,497,562
)
 
(2,529,618
)
 
(3,104,015
)
 
 
 
 
 
 
 
 
Operating Income (Loss)
 
 
 
 
 
 
 
Mining
(1,243,992
)
 
(1,485,274
)
 
(2,500,702
)
 
(3,081,304
)
Real estate
33,055

 
31,896

 
67,884

 
59,071

Total loss from operations
(1,210,937
)
 
(1,453,378
)
 
(2,432,818
)
 
(3,022,233
)
 
 
 
 
 
 
 
 
Change in estimated fair value of contingent forward
351,091

 
—

 
1,413,382

 
—

Interest expense
(91,656
)
 
(181,907
)
 
(142,244
)
 
(643,045
)
Other income (expense) (Note 17)
2,227,488

 
(442,459
)
 
2,174,454

 
(247,531
)
Net income (loss)
$
1,275,986

 
$
(2,077,744
)
 
$
1,012,774

 
$
(3,912,809
)
 
 
 
 
 
 
 
 
Capital Expenditures
 
 
 
 
 
 
 
Mining
$
11,000

 
$
—

 
$
11,000

 
$
—

Real estate
—

 
720,000

 
—

 
1,085,000

Total capital expenditures
$
11,000

 
$
720,000

 
$
11,000

 
$
1,085,000

 
 
 
 
 
 
 
 
Depreciation, Amortization, and Depletion
 
 
 
 
 
 
 
Mining
$
110,268

 
$
584,475

 
$
303,751

 
$
1,168,931

Real estate
5,960

 
2,465

 
11,919

 
4,930

Total depreciation, amortization, and depletion
$
116,228

 
$
586,940

 
$
315,670

 
$
1,173,861


 
As of June 30,
 
As of December 31,
 
2020
 
2019
Assets
 
 
 
Mining
$
34,902,878

 
$
30,106,865

Real estate
9,498,170

 
9,463,027

Total assets
$
44,401,048

 
$
39,569,892