Properties, Plant and Equipment

9 Months Ended

Sep. 30, 2020

Property, Plant and Equipment [Abstract]

Properties, Plant and Equipment

Properties, Plant and EquipmentProperties, plant and equipment consisted of the following:

	September 30, 2020		December 31, 2019
Land and buildings leased to others
Daney Ranch	$	2,261,263	$	—
Gold Hill Hotel	753,272		—
Other real estate	283,776		283,776
Less accumulated depreciation	(1,365,751)		(275,106)
Total, net	1,932,560		8,670
Property, plant, and equipment for mineral processing
American Flat land and buildings	6,500,816		6,500,817
Crushing, processing, and refining plant and equipment	21,113,177		21,113,177
Retirement obligation asset	72,454		115,926
Less accumulated depreciation	(24,365,260)		(24,074,287)
Total, net	3,321,187		3,655,633
Other property and equipment
Comstock corporate campus	1,549,453		1,549,453
Vehicle and equipment	2,267,916		2,267,916
Furniture and fixtures	549,860		549,860
Less accumulated depreciation	(839,568)		(787,344)
Total, net	3,527,661		3,579,885
Total properties, plant and equipment, net	$	8,781,408	$	7,244,188

During the three and nine months ended September 30, 2020, the Company recognized depreciation expense of $0.8 million and $1.1 million, respectively. This included $0.7 million of depreciation, included in real estate operating costs for the three months ended September 30, 2020, for the Gold Hill Hotel and Daney Ranch properties, to recognize the depreciation that would have been recognized had the properties not been held for sale. During the three and nine months ended September 30, 2019, the Company recognized depreciation expense of $0.4 million and 1.1 million, respectively.