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Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Proceeds from sales of silver bullion to pay expenses $ 25,716 $ 31,961 $ 41,406
Expenses – Sponsor’s fees paid (25,716) (31,961) (41,406)
Net cash provided by operating activities 0 0 0
Increase (decrease) in cash 0 0 0
Cash, beginning of period 0 0 0
Cash, end of period 0 0 0
RECONCILIATION OF NET LOSS TO NET CASH PROVIDED BY OPERATING ACTIVITIES:      
Net loss (699,232) [1] (1,233,639) [1] (1,954,788) [2]
Adjustments to reconcile net loss to net cash provided by operating activities:      
Proceeds from sales of silver bullion sold to pay expenses 25,716 31,961 41,406
Net realized loss from silver bullion sold to pay expenses [1] 5,703 1,056  
Cost of silver bullion inventory sold to pay expenses     43,296
Net realized loss from silver bullion distributed for the redemption of Shares 206,453 [1] 77,394 [1] 131,814
Net change in unrealized appreciation/depreciation on investment in silver bullion [1] 461,781 1,123,610  
Adjustment to silver bullion inventory [3]     1,781,266
Change in operating assets and liabilities:      
Sponsor’s fees payable (421) (382) (1,588)
Net cash provided by operating activities 0 0 0
Supplemental disclosure of non-cash information:      
Silver bullion contributed for subscription of Shares (a) [4] 859,468 1,361,917 2,096,484
Silver bullion distributed for redemption of Shares(a) [4] $ (1,029,094) $ (1,108,223) $ (2,163,458)
[1] Effective January 1, 2014, the Trust qualified as an investment company for accounting purposes. Please refer to Note 2B.
[2] The components of net loss for the years ended December 31, 2015 and 2014 are reflected in the other captions disclosed within this statement.
[3] At December 31, 2013, the market value of the silver bullion was below the average cost of the Trust's silver bullion inventory held. As a result, theTrust recorded a permanent write down against the average cost of the silver bullion inventory of $1,781,266.
[4] Presented at fair value for the years ended December 31, 2015 and 2014 and cost for the year ended Decmeber 31, 2013.