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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2020
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 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