Transactions with the Newport Funds	3 Months Ended
Transactions with the Newport Funds	May. 31, 2015
Related Party Transactions [Abstract]
Transactions with the Newport Funds	Transactions with the Newport Funds In 2007, NGOF received on behalf of (but did not remit to) the Company $5,118,172 of interest on mortgage bonds exchanged for the Eldorado Interest and $61,600 of preferred dividends which amounts are reflected in the accompanying balance sheets as due from the Newport Funds. There is no formal agreement outlining the settlement of this receivable (and the payable discussed in the following paragraph) and, accordingly, the receivable is reflected as a non-current asset. At May 31, 2015 and February 28, 2015, the Company owed $3,760,750 and $3,687,854, respectively, to the Newport Funds for expenses paid on the Company’s behalf since inception of the Company. The Newport Funds have agreed not to demand repayment through March 1, 2017. Accordingly, the amount of this payable is reflected as a non-current liability at May 31, 2015 and February 28, 2015.

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.