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Leases | 12 Months Ended
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Dec. 31, 2019
Disclosure of Leases [Abstract] |
Leases |
18. LEASES |  |
a. | ROU Assets
The following table summarizes changes in ROU Assets for the year ended December 31, 2019, which have been recorded in property, plant and equipment on the Consolidated Statements of Financial Position:
|  | December 31, 2019 |
Cost |  |
Balance, January 1, 2019 (1) |  | $ | 34,983 |
Additions after January 1, 2019 |  | $ | 33,895 |
Assets acquired from Tahoe (Note 8) |  | $ | 8,520 |
Transfer out |  | $ | (16,619 | )
Balance, December 31, 2019 |  | 60,779 |
Accumulated Depreciation |  |
Balance at January 1, 2019 |  | $ | (4,780 | )
Amortization |  | $ | (17,674 | )
Transfer out |  | $ | 7,465 |
Balance, December 31, 2019 |  | (14,989 | )
Carrying Amounts |  |
At January 1, 2019 |  | 30,203 |
At December 31, 2019 |  | $ | 45,790 |
(1) | Includes $21.4 million in newly recognized ROU assets.
b. | Lease obligations
The following table presents a reconciliation of the Company's undiscounted cash flows at December 31, 2019 and December 31, 2018 to their present value for the Company's lease obligations:
|  | December 31, 2019 |  |  | December 31, 2018 |
Within one year |  | $ | 16,221 |  |  | $ | 5,488 |
Between one and five years |  | 23,099 |  |  | 1,335 |
Beyond five years |  | 21,675 |  |  | — |
Total undiscounted lease obligations |  | 60,995 |  |  | 6,823 |
Less: future interest charges |  | (19,787 | ) |  | (147 | )
Total discounted lease obligations |  | $ | 41,208 |  |  | $ | 6,676 |
Less: current portion of lease obligations |  | (14,198 | ) |  | (5,356 | )
Non-current portion of lease obligations |  | $ | 27,010 |  |  | $ | 1,320 |
When measuring lease liabilities, the Company discounted lease payments using its incremental borrowing rate at January 1, 2019. The weighted average rate applied was 9.7% (2018 - 2.2%), which resulted in interest charges of $3.4 million for the year ended December 31, 2019 (2018 - $0.2 million). The following table reconciles the Company’s lease commitments disclosed in the consolidated financial statements as at and for the year ended December 31, 2019, to the lease obligations recognized on initial application of IFRS 16:
Operating lease commitments at December 31, 2018 |  | $ | 19,260 |
Discounted using the incremental borrowing rate at January 1, 2019 |  | $ | (2,819 | )
Recognition exemptions for short-term and low-value leases |  | $ | (455 | )
Variable payments not included in lease liabilities |  | $ | (233 | )
Lease obligations recognized at January 1, 2019 related to operating lease commitments at December 31, 2018 |  | $ | 15,753 |

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- Definition The entire disclosure for leases. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2019-01-01 -Section Presentation -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IFRS16_g47-50_TI -URIDate 2019-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IFRS16_g51-60_TI -URIDate 2019-03-27 + Details
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