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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (258,211) $ 30,166,294
Loss from discontinued operations, net of taxes 0 (10,197,374)
Income (loss) from continuing operations (258,211) 40,363,668
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities from continuing operations:    
Depreciation and amortization 5,734 7,364
Loss on sale of property and equipment 4,714 0
Gain on debt restructuring 0 (41,621,150)
Common stock options issued to employees and directors 318,984 315,648
Decrease (increase) in current assets:    
Due from Black Ridge Holdings Company LLC 765 0
Prepaid expenses 40,701 (30,521)
Increase (decrease) in current liabilities:    
Accounts payable 47,358 87,892
Due to Black Ridge Holding Company, LLC 0 967,141
Accrued expenses (13,534) 4,114
Net cash provided by operating activities from continuing operations 146,511 94,156
Net cash provided by operating activities from discontinued operations 0 3,829,723
Net cash provided by operating activities 146,511 3,923,879
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 2,160 0
Net cash provided by investing activities from continuing operations 2,160 0
Net cash used in investing activities of discontinued operations 0 (4,763,506)
Net cash provided by (used in) investing activities 2,160 (4,763,506)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of deferred offering costs (167,646) 0
Net cash used in financing activities from continuing operations (167,646) 0
Net cash provided by financing activities of discontinued operations 0 1,650,000
Net cash provided by (used in) financing activities (167,646) 1,650,000
NET CHANGE IN CASH (18,975) 810,373
CASH AT BEGINNING OF PERIOD 66,269 228,194
CASH AT END OF PERIOD 47,294 1,038,567
SUPPLEMENTAL INFORMATION:    
Interest paid 0 1,429,564
Income taxes paid 0 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Investment in Black Ridge Holding Company, LLC 0 (41,568,297)
Net change in accounts payable for purchase of oil and gas properties 0 (3,744,487)
Capitalized asset retirement costs, net of revision in estimate $ 0 $ 4,737