Segment Reporting

9 Months Ended

Sep. 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, the Gold Hill Hotel, and the Daney Ranch. 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   September 30,				Nine Months Ended   September 30,
	2020		2019		2020		2019
Revenue
Mining	$	—	$	—	$	—	$	—
Real estate (Note 13)	49,425		48,350		146,225		130,132
Total revenue	49,425		48,350		146,225		130,132
Costs and Expenses
Mining	(832,040)		(832,082)		(3,332,742)		(3,913,388)
Real estate	(698,957)		(8,651)		(727,873)		(31,362)
Total costs and expenses	(1,530,997)		(840,733)		(4,060,615)		(3,944,750)
Operating Income (Loss)
Mining	(832,040)		(832,082)		(3,332,742)		(3,913,388)
Real estate	(649,532)		39,699		(581,648)		98,770
Total loss from operations	(1,481,572)		(792,383)		(3,914,390)		(3,814,618)
Gain on sale of membership interests in Comstock Mining LLC (Note 20)	18,275,846		—		18,275,846		—
Change in estimated fair value of contingent forward asset	(647,502)		—		765,880		—
Interest expense	(164,448)		(179,588)		(306,692)		(822,632)
Other income (expense) (Note 19)	1,347,738		1,358,868		3,522,192		1,111,338
Net income (loss)	$	17,330,062	$	386,897	$	18,342,836	$	(3,525,912)
Capital Expenditures
Mining	$	4,000	$	—	$	15,000	$	—
Real estate	—		550,000		—		1,635,000
Total capital expenditures	$	4,000	$	550,000	$	15,000	$	1,635,000
Depreciation, Amortization, and Depletion
Mining	$	86,082	$	396,910	$	386,671	$	1,565,841
Real estate	690,151		2,465		705,233		7,395
Total depreciation, amortization, and depletion	$	776,233	$	399,375	$	1,091,904	$	1,573,236

	As of September 30,		As of December 31,
	2020		2019
Assets
Mining	$	39,355,282	$	30,106,865
Real estate	8,814,813		9,463,027
Total assets	$	48,170,095	$	39,569,892