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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
3 Months Ended 23 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Expenses:      
Exploration expense   $ 1,677,762 $ 5,600,288
General and administrative 3,327,740 1,062,380 21,691,547
Total expenses 3,327,740 2,740,142 27,291,835
Loss from operations (3,327,740) (2,740,142) (27,291,835)
Other expense:      
Derivative losses   2,621,073 (54,765,601)
Loss on debt extinguishment   (2,000,000) (2,000,000)
Interest, net   (350,266) (2,059,190)
Total other expense   270,807 (58,824,791)
Income tax expense 0    
Net loss (3,327,740) (2,469,335) (86,116,626)
Net loss attributable to non-controlling interest 7,017 884,232 3,085,057
Net loss to attributable to Prospect Global Resources Inc. $ (3,320,723) $ (1,585,103) $ (83,031,569)
Earnings per share Basic and diluted      
Loss per share (in dollars per share) $ (0.08) $ (0.07) $ (3.29)
Weighted average number of shares outstanding (in shares) 39,489,173 21,615,897 25,235,348