InventaBioTech 10-Q 14 Nov 17 2017 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2017	Nov. 13, 2017
Document and Entity Information [Abstract]
Document Type	10-Q
Entity Registrant Name	Westmountain Company
Entity Central Index Key	1,421,603
Document Period End Date	Sep. 30, 2017
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2,017
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		9,517,402
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 529,592	$ 685,128
Accounts receivable, related parties	33,901	6,000
Accounts receivable	1,075
Income tax receivable	72,550	40,501
Prepaid expenses	3,333	4,563
Total current assets	640,451	736,192
Property and equipment, net of accumulated depreciation of $7,088 and $4,687, respectively	2,517	4,918
Investments in nonmarketable securities, at cost	1,645	1,645
Total assets	644,613	742,755
Current Liabilities:
Accounts payable and accrued liabilities	62,007	40,385
Accrued liabilities, related parties	62,007	40,385
Total current liabilities	62,007	40,385
Total liabilities	0	0
Shareholders' Equity:
Common stock, $.001 par value; 50,000,000 shares authorized, 9,517,402 shares issued and outstanding	9,518	9,518
Additional paid-in capital	927,355	927,355
Accumulated deficit	(354,267)	(234,503)
Total shareholders' equity	582,606	702,370
Total liabilities and shareholders' equity	$ 644,613	$ 742,755

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Assets
Accumulated depreciation	$ 3,887	$ 11,531
Shareholders' Equity:
Preferred stock, par value per share	$ 0.10	$ 0.10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	9,517,402	9,517,402
Common stock, shares outstanding	9,517,402

Consolidated Statements of Oper

Consolidated Statements of Operations and Other Comprehensive Loss - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Revenue:
Advisory/consulting fees, related parties	$ 38,000	$ 43,970	$ 115,901	$ 119,970
Advisory/consulting fees	225	7,964	3,800	16,414
Total revenue	38,225	51,934	119,701	136,384
Operating expenses:
Selling, general and administrative expenses	100,958	85,912	279,840	246,129
Total operating expenses	100,958	85,912	279,840	246,129
Net loss from operations	(62,733)	(33,978)	(160,139)	(109,745)
Other income/(expense)
Interest income				4,562
Other income	4,500		10,500
Loss on impairment of nonmarketable securities				(60,000)
Total other income/(expense)	4,500		10,500	(55,438)
Net (loss)income before income taxes	(58,233)	(33,978)	(149,639)	(165,183)
Income tax (benefit) expense	(7,307)	119,683	(29,875)	87,087
Net (loss) income	(50,926)	(153,661)	(119,764)	(252,270)
Other comprehensive (loss) income
Unrealized (loss) income on investments in marketable equity securities, net of tax		(49,021)		(22,838)
Comprehensive loss	$ (50,926)	$ (202,682)	$ (119,764)	$ (275,108)
Basic and Diluted net (loss)income per share	$ 0	$ 0	$ 0	$ 0
Basic weighted average common shares outstanding	9,517,402	9,517,402	9,517,402	9,517,402

Condensed Statements of Cash Fl

Condensed Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net loss	$ (119,764)	$ (252,270)
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	2,401	1,829
Loss on impairment of nonmarketable securities		60,000
Deferred income tax (benefit) expense		95,061
Gain on disposal of equipment		(2,850)
Changes in operating assets and operating liabilities:
Prepaid expenses and other current assets	1,230	(3,918)
Accounts receivable	(1,075)	10,031
Accounts receivable, related parties	(27,901)	(12,000)
Accounts payable and accrued liabilities	21,622	(4,718)
Accrued liabilities, related parties		(3,760)
Income tax receivable	(32,049)	(10,408)
Net cash used in operating activities	(155,536)	(123,003)
Cash flows from investing activities:
Purchases of equipment		(3,432)
Purchases of nonmarketable investments		(30,000)
Proceeds from sale of equipment		4,562
Net cash (used in) investing activities		(28,870)
Net change in cash and cash equivalents	(155,536)	(151,873)
Cash and cash equivalents, beginning of period	685,128	579,971
Cash and cash equivalents, end of period	529,592	428,098
Supplemental disclosure of cash flow information:
Cash paid during the period for Income tax	2,374	1,626
Cash paid during the period for Interest
Non cash investing and financing activities:
Equipment purchased with accounts payable		21,000
Purchase of non-marketable security investment shares in exchange for accounts receivable		$ (22,838)

Nature of Organization and Summ

Nature of Organization and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Organization and Summary of Significant Accounting Policies	(1) Nature of Organization and Summary of Significant Accounting Policies Nature of Organization and Basis of Presentation WestMountain Company ("we", "our" or the "Company"), formerly known as WestMountain Asset Management, Inc., was incorporated in the state of Colorado on October 18, 2007 and on this date approved its business plan and commenced operations. The condensed consolidated financial statements include the financial information of WestMountain Company and its wholly owned subsidiaries, WestMountain Business Consulting, Inc., WestMountain Allocation Analytics, Inc., and WestMountain Valuation Services, Inc. All significant intercompany accounts and transactions have been eliminated. As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message. We are paid fees for our services by our clients under written consulting agreements. Unaudited Financial Information The accompanying financial information as of September 30, 2017 and for the three and nine months ended September 30, 2017 and 2016 is unaudited. In the opinion of management, all normal and recurring adjustments, which are necessary to provide a fair presentation of the Company's financial position at September 30, 2017 and its operating results for the three and nine months ended September 30, 2017 and 2016, have been made. Certain information and footnote data necessary for a fair presentation of financial position and results of operations in conformity with accounting principles generally accepted in the United States of America have been condensed or omitted. It is therefore suggested that these financial statements be read in conjunction with the summary of significant accounting policies and notes to financial statements included in the Company's annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") for the year ended December 31, 2016. The results of operations for the three and nine months ended September 30, 2017 are not necessarily an indication of operating results to be expected for the year. Use of Estimates The preparation of the condensed consolidated financial statements in accordance with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Revenue We act primarily as a fee-based marketing and media consultant to public companies. As a consultant, we provide investor relations, website development, video production, and associated marketing and media services to clients. We are paid fees for our services by our clients under written consulting agreements. The Company recognizes revenue for its services generally when persuasive evidence of an arrangement exists, delivery has occurred, the price is fixed or determinable and collectability is reasonably assured. Concentrations During the three months ended September 30, 2017, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 100% of total related party revenue (53% and 47%, respectively). During the three months ended September 30, 2016, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 86% of total related party revenue (45% and 41%, respectively). During the nine months ended September 30, 2017, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 98% of total related party revenue (52% and 46%, respectively). During the nine months ended September 30, 2016, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 95% of total related party revenue (50% and 45%, respectively). At September 30, 2017, two related party customers, Bohemian Asset Management, Inc. and Nexcore Healthcare Capital Corp., accounted for 94% of the total accounts receivable related party balance (59% and 35%, respectively). At December 31, 2016, one related party customer, Nexcore Healthcare Capital Corp., accounted for 100% of the total accounts receivable related party balance. At September 30, 2017, two related party customers, Nexcore Healthcare Capital Corp. and Bohemian Asset Management, Inc. accounted for 94% of the total accounts receivable related party balance. Income Tax Receivable As of September 30, 2017, the Company had an income tax receivable of $72,550 that is related to estimated tax payments on deposit with federal and state taxing authorities. Investments in Marketable and Nonmarketable Securities The Company reported its investments in marketable securities on the condensed consolidated balance sheet as available-for-sale. At September 30, 2017 and December 31, 2016, the Company's investments had been impaired to zero. Investments were deemed to be marketable when they were investments in public companies. Investments reflected the original cost of the investments and unrealized gain/loss amounts based on the market price as of the date of the condensed consolidated financial statements. Any tax adjustment related to the unrealized gain/loss was reflected as a deferred tax asset or liability on the condensed consolidated balance sheet. The Company reports its investments in nonmarketable securities on the condensed consolidated balance sheet using the cost method. Investments are deemed to be nonmarketable when they are investments in private companies. Investments in nonmarketable securities reflect the original cost of the investment. Other comprehensive income (OCI) was made up of the unrealized gain/loss amounts related to the available-for-sale investments of the Company. The OCI balance was recorded net of tax. Recently Issued Accounting Pronouncements In May 2014, the FASB and the International Accounting Standards Board (IASB) issued a joint revenue recognition standard, ASU 2014-09, "Revenue from Contracts with Customers (Topic 606)." The new standard removes inconsistencies in existing standards, changes the way companies recognize revenue from contracts with customers, and increases disclosure requirements. The codification was amended through additional ASUs and, as amended, requires companies to recognize revenue to depict the transfer of goods or services to customers in amounts that reflect the consideration to which the company expects to be entitled in exchange for those goods or services. The guidance is effective for annual and interim periods beginning after December 15, 2017. The standard is required to be adopted using either the full retrospective approach, with all prior periods presented adjusted, or the modified retrospective approach, with a cumulative adjustment to retained earnings on the opening balance sheet. The Company continues to make progress on evaluating the accounting implications of this ASU and its assessment of contracts with customers is largely complete. Based on the Company's evaluation to date, it does not expect the adoption of this ASU to have a material impact on net earnings, however, the Company is analyzing whether the classification of certain items in revenue and expense will be impacted. The Company continues to evaluate the disclosure requirements, develop accounting policies, and assess changes to the relevant business processes and the control activities within them as a result of the provisions of this ASU. The Company will adopt the new standard on January 1, 2018, utilizing the modified retrospective approach.

Investments

Investments	9 Months Ended
	Sep. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investments	(2) Investments Investments in Available-for-Sale Marketable Securities The Company's investments in available-for-sale marketable securities as of December 31, 2016 and September 30, 2017 were zero. Investments in Nonmarketable Securities The Company's investments in nonmarketable securities accounted for under the cost method as of September 30, 2017 and December 31, 2016 are summarized below. September 30, 2017 December 31, 2016 Cost Cost Company Name Shares Units Value Shares Units Value Nonmarketable Securities: SKRP 16, Inc. 200,000 - $ - 200,000 - $ - Nexcore Healthcare Capital Corp. (Common Units) - 1,645,000 1,645 1,645,000 1,645 WestMountain Distressed Debt, Inc. 80,000 - - 80,000 - - RavenBrick (Class C Units) - 11 - 11 - Totals Shares or Units 280,000 1,645,011 $ 1,645 280,000 1,645,011 $ 1,645

Stockholders Equity

Stockholders Equity	9 Months Ended
	Sep. 30, 2017
Stockholders' Equity Note [Abstract]
Stockholders Equity	(3) Stockholders' Equity Common Stock There were 9,517,402 shares of common stock outstanding as of September 30, 2017 and December 31, 2016. No common shares were issued or cancelled during the nine months ended September 30, 2017.

Related Parties

Related Parties	9 Months Ended
	Sep. 30, 2017
Related Party Transactions [Abstract]
Related Parties	(4) Related Parties For the three months ended September 30, 2017 we had advisory/consulting revenues of $38,225 compared to $51,934 for the three months ended September 30, 2016. As of September 30, 2017 and December 31, 2016, the Company had $33,901 and $6,000, respectively, of accounts receivable from related parties. As of September 30, 2017 and December 31, 2016, the following investments in marketable and nonmarketable securities were held in related parties due to common principal ownership: September 30, 2017 December 31, 2016 Fair/Cost Fair/Cost Company Name Shares Units Value Shares Units Value Marketable Securities: Hangover Joe's Holding Corporation 868,463 - $ - 868,463 - - WestMountain Gold, Inc. 918,000 - - 918,000 - - Total Shares or Units 1,786,463 - $ - 1,786,463 - $ - Nonmarketable Securities: Nexcore Healthcare Capital Corp. (Common Units) - 1,645,000 $ 1,645 - 1,645,000 $ 1,645 WestMountain Distressed Debt, Inc. 80,000 - - 80,000 - - Totals Shares or Units 1,866,463 1,645,000 $ 1,645 1,866,463 1,645,000 $ 1,645

Nature of Organization and Su10

Nature of Organization and Summary of Significant Accounting Policies (Policy)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Organization and Basis of Presentation	Nature of Organization and Basis of Presentation WestMountain Company ("we", "our" or the "Company"), formerly known as WestMountain Asset Management, Inc. was incorporated in the state of Colorado on October 18, 2007 and on this date approved its business plan and commenced operations. The consolidated financial statements include the financial information of WestMountain Company and its wholly owned subsidiaries, WestMountain Business Consulting, Inc., WestMountain Allocation Analytics, Inc., and WestMountain Valuation Services, Inc. All significant intercompany accounts and transactions have been eliminated. As a consultant to both public and private companies, we promote public visibility and market acceptance for our clients. We use a number of techniques to achieve these objectives for our clients, including developing public recognition of their business plans and strategic goals, managing investor relations, and engaging in website development and media production. We also utilize various social media outlets and services to deliver our client's message. We are paid fees for our services by our clients under written consulting agreements.
Unaudited Financial Information	Unaudited Financial Information The accompanying financial information as of September 30, 2016 and for the three and nine months ended September 30, 2016 and 2015 is unaudited. In the opinion of management, all normal and recurring adjustments which are necessary to provide a fair presentation of the Company's financial position at September 30, 2016 and its operating results for the three and nine months ended September 30, 2016 and 2015 have been made. Certain information and footnote data necessary for a fair presentation of financial position and results of operations in conformity with accounting principles generally accepted in the United States of America have been condensed or omitted. It is therefore suggested that these financial statements be read in conjunction with the summary of significant accounting policies and notes to financial statements included in the Company's annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") for the year ended December 31, 2015. The results of operations for the three and nine months ended September 30, 2016 is not necessarily an indication of operating results to be expected for the year.
Income Tax Receivable	Income Tax Receivable As of September 30, 2016, the Company had an income tax receivable of $30,281 that is related to estimated tax payments on deposit with federal and state taxing authorities.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company's estimates of fair value for financial assets and financial liabilities are based on the framework established in Accounting Standards Codification ("ASC") Topic 820. The framework is based on the inputs used in valuation and gives the highest priority to quoted prices in active markets and requires that observable inputs be used in the valuations when available. The disclosure of fair value estimates in the ASC 820 hierarchy is based on whether the significant inputs into the valuation are observable. In determining the level of the hierarchy in which the estimate is disclosed, the highest priority is given to unadjusted quoted prices in active markets and the lowest priority to unobservable inputs that reflect the Company's significant market assumptions. The three levels of the hierarchy are as follows: Level 1: Unadjusted quoted market prices for identical assets or liabilities in active markets that the Company has the ability to access. Level 2: Quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets in inactive markets; or valuations based on models where the significant inputs are observable (e.g., interest rates, yield curves, default rates, etc.) or can be corroborated by observable market data. Level 3: Valuations based on models where significant inputs are not observable. The unobservable inputs reflect the Company's own assumptions about the assumptions that market participants would use. The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of financial assets require to be measured at fair value on a recurring basis including our major assets that approximates fair value as determined by using the future expected net cash flows on the sale of the investments. Available-for-sale securities are accounted for on a specific identification basis. As of September 30, 2016 and December 31, 2015 respectively, we held available-for-sale marketable securities with an aggregate fair value of $105,331 and $117,022 respectively. As of September 30, 2016, all of our available-for-sale securities were invested in publically traded equity holdings. Available-for-sale securities were classified as current based on the percentage of the equity controlled by the Company as well as our intended use of the assets. The Company recognized unrealized losses, net of tax, in accumulated other comprehensive (loss) income for the nine months ended September 30, 2016 and 2015 in the amounts of ($22,838) and ($443,423), respectively. The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at September 30, 2016 and December 31, 2015, were as follows: Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2016 Quoted Prices in Significant Active Markets for Other Significant Identical Assets and Observable Unobservable Balance as of Liabilities Inputs Inputs September 30, Description (Level 1) (Level 2) (Level 3) 2016 Assets: Available-for-sale marketable securities $105,331 $ - $ - $105,331 Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2015 Quoted Prices in Significant Active Markets for Other Significant Identical Assets and Observable Unobservable Balance as of Liabilities Inputs Inputs December 31, Description (Level 1) (Level 2) (Level 3) 2015 Assets: Available-for-sale marketable securities $117,022 $ - $ - $117,022

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	(5) Commitments and Contingencies In the normal course of business, the Company is party to litigation from time to time. The Company maintains insurance to cover certain actions and believes that resolution of any such litigation will not have a material adverse effect on the Company.

Subsequent Event

Subsequent Event	9 Months Ended
	Sep. 30, 2017
Subsequent Events [Abstract]
Subsequent Event	(6) Subsequent Event On October 23, 2017, the Board of Directors for NexCore Healthcare Capital Corp, authorized a $0.10 per share cash dividend payable to holders of NexCore common stock. We deposited a check in the amount of $164,500 in November, 2017.

Nature of Organization and Su13

Nature of Organization and Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Financial Assets Measured at Fair Value on a Recurring Basis	The Company's assets measured at fair value on a recurring basis subject to the disclosure requirements of ASC 820 at September 30, 2016 and December 31, 2015, were as follows: Assets and Liabilities Measured at Fair Value on a Recurring Basis as of September 30, 2016 Quoted Prices in Significant Active Markets for Other Significant Identical Assets and Observable Unobservable Balance as of Liabilities Inputs Inputs September 30, Description (Level 1) (Level 2) (Level 3) 2016 Assets: Available-for-sale marketable securities $105,331 $ - $ - $105,331 Assets and Liabilities Measured at Fair Value on a Recurring Basis as of December 31, 2015 Quoted Prices in Significant Active Markets for Other Significant Identical Assets and Observable Unobservable Balance as of Liabilities Inputs Inputs December 31, Description (Level 1) (Level 2) (Level 3) 2015 Assets: Available-for-sale marketable securities $117,022 $ - $ - $117,022

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2017
Investments, Debt and Equity Securities [Abstract]
Investments in Nonmarketable Securities	September 30, 2017 December 31, 2016 Cost Cost Company Name Shares Units Value Shares Units Value Nonmarketable Securities: SKRP 16, Inc. 200,000 - $ - 200,000 - $ - Nexcore Healthcare Capital Corp. (Common Units) - 1,645,000 1,645 1,645,000 1,645 WestMountain Distressed Debt, Inc. 80,000 - - 80,000 - - RavenBrick (Class C Units) - 11 - 11 - Totals Shares or Units 280,000 1,645,011 $ 1,645 280,000 1,645,011 $ 1,645

Related Parties (Tables)

Related Parties (Tables)	9 Months Ended
	Sep. 30, 2017
Related Parties Tables
Securities held in related parties due to common principal ownership	September 30, 2017 December 31, 2016 Fair/Cost Fair/Cost Company Name Shares Units Value Shares Units Value Marketable Securities: Hangover Joe's Holding Corporation 868,463 - $ - 868,463 - - WestMountain Gold, Inc. 918,000 - - 918,000 - - Total Shares or Units 1,786,463 - $ - 1,786,463 - $ - Nonmarketable Securities: Nexcore Healthcare Capital Corp. (Common Units) - 1,645,000 $ 1,645 - 1,645,000 $ 1,645 WestMountain Distressed Debt, Inc. 80,000 - - 80,000 - - Totals Shares or Units 1,866,463 1,645,000 $ 1,645 1,866,463 1,645,000 $ 1,645

Nature of Organization and Su16

Nature of Organization and Summary of Significant Accounting Policies (Fair Value of Financial Instruments) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Aggregate fair value of available-for-sale securities	$ 105,331		$ 105,331		$ 117,022
Unrealized loss on investments in marketable equity securities, net of tax		$ (49,021)		$ (22,838)

Related Parties (Details)

Related Parties (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2014	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2014	Dec. 31, 2016	Sep. 30, 2015
Related Party Transaction [Line Items]
Advisory/consulting fees, related parties	$ 38,000	$ 43,970		$ 115,901	$ 119,970
Advisory/consulting revenue from all sources				50,600	$ 60,750
Accounts receivable, related parties	$ 33,901			$ 33,901			$ 6,000
Cash dividend per share				$ .10	$ 0.01
Dividend income on nonmarketable securities					$ (193,634)
Bohemian Companies Limited Liability Company [Member]
Related Party Transaction [Line Items]
Amount of transaction					$ 3,000	$ 3,000
Accrued liabilities, related parties			$ 1,000			$ 1,000		$ 0
Nexcore [Member]
Related Party Transaction [Line Items]
Accounts receivable, related parties								$ 394,800
Shares								1,645,000
Dividend income on nonmarketable securities			$ 16,450

Related Parties (Schedule of Re

Related Parties (Schedule of Related Party Investments) (Details) (USD $) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Related Party Transaction [Line Items]
Cost	$ 147,156	$ 147,156
Hangover Joes Holding Corp [Member]
Related Party Transaction [Line Items]
Shares			868,678	1,824
Cost
WestMountain Gold, Inc. (formerly WestMountain Index Advisor, Inc.)
Related Party Transaction [Line Items]
Shares			918,000	918,000
Cost			$ 137,000	$ 71,604
Marketable Totals [Member]
Related Party Transaction [Line Items]
Shares			1,786,463	1,786,463
Cost			$ 138,916	$ 73,248
Nexcore Real Estate LLC Class B Units [Member]
Related Party Transaction [Line Items]
Shares				1,645,000	1,645,000
Cost				$ 1,645	$ 1,645
Nexcore Real Estate LLC [Member]
Related Party Transaction [Line Items]
Shares				1,645,000
Cost				$ 1,645
WestMountain Distressed Debt [Member]
Related Party Transaction [Line Items]
Shares			80,000	80,000
Non Marketable Totals [Member]
Related Party Transaction [Line Items]
Shares			1,725,000	1,725,000
Cost			$ 1,645	$ 1,645

Investments (Available for Sale

Investments (Available for Sale Marketable Securities) (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016	Sep. 30, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Shares	1,866,463	2,032,757
Cost	$ 147,156	$ 147,156
Market/Cost Value	1,645	1,645
Accumulated Unrealized Gain/Loss	$ 11,464	$ (30,134)
Hangover Joe's Holding Corporation [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares			868,463	868,463
Cost			$ 99,750	$ 99,750
Share Price			$ 0.0014	$ 0.0021
Market/Cost Value			$ 1,216	$ 1,824
Accumulated Unrealized Gain/Loss			$ (98,534)	$ (97,926)
WestMountain Gold, Inc. (formerly WestMountain Index Advisor, Inc.) [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares			918,000	918,000
Cost			$ 918	$ 918
Share Price			$ 0.1500	$ 0.0780
Market/Cost Value			$ 137,700	$ 71,604
Accumulated Unrealized Gain/Loss			$ 136,782	$ 70,686
Silver Verde May Mining Co., Inc [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares			246,294
Cost			$ 46,488
Share Price			$ 0.0800
Market/Cost Value			$ 19,704
Accumulated Unrealized Gain/Loss			$ (26,784)

Investments (Cost Method Nonmar

Investments (Cost Method Nonmarketable Investments) (Details) - USD ($)	Sep. 30, 2017	Dec. 31, 2016
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	1,645,000	280,000
Market/Cost Value	$ 1,645	$ 31,645
WM Distressed Debt NotMarketable [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	80,000	80,000
Raven Brick NotMarketable [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	11
SKRP 16 Inc [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	200,000	200,000
Market/Cost Value		$ 30,000
Nexcore Real Estate LLC [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	1,645,000	1,645,000
Market/Cost Value	$ 1,645
Nexcore Healthcare Capital [Member]
Schedule of Available-for-sale Securities [Line Items]
Shares/Units	1,645,000	1,645,000
Market/Cost Value	$ 1,645	$ 1,645