Investment in Tess (Schedule of Calculation of Gain on Deconsolidation of Tess) (Details) - USD ($) |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Apr. 10, 2019 |
Sep. 30, 2019 |
Sep. 30, 2018 |
Sep. 30, 2019 |
Sep. 30, 2018 |
Dec. 31, 2018 |
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| Current assets | $ 20,324,236 | $ 20,324,236 | $ 2,310,549 | |||
| Less: | ||||||
| Net liabilities | (4,794,179) | (4,794,179) | $ (9,369,316) | |||
| Gain on deconsolidation on Tess | $ 1,138,787 | |||||
| Tess Inc [Member] | ||||||
| Current assets | $ 130,432 | |||||
| Less: | ||||||
| Accounts payable | 761,875 | |||||
| Accrued expenses | 273,935 | |||||
| Convertiable notes | 1,696,083 | |||||
| Net liabilities | (2,601,461) | |||||
| Non-controlling interest share | 1,552,848 | |||||
| Sub-total | (1,048,613) | |||||
| Less: Fair value of shares owned by Riot Blockchain | 90,174 | |||||
| Gain on deconsolidation on Tess | $ (1,138,787) | |||||
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- Definition Fair value of non-controlling interest shares held by the company. No definition available.
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- References No definition available.
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- Definition Non-controlling interest share in deconsolidation of Tess. No definition available.
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- Definition Total net liabilities including non-controlling interest share of Tess. No definition available.
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- Definition Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of a written promise to pay a note, initially due after one year or beyond the operating cycle if longer, which can be exchanged for a specified amount of one or more securities (typically common stock), at the option of the issuer or the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of gain (loss) from deconsolidation of subsidiary and derecognition of group of assets constituting transfer of business or nonprofit activity, excluding conveyance of oil and gas mineral rights and transfer of good or service in contract with customer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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