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Assets and Liabilities Held For Sale (Notes) | 12 Months Ended
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Dec. 31, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Assets and Liabilities Held For Sale | ASSETS AND LIABILITIES HELD FOR SALE On December 22, 2017, the Company and certain of its subsidiaries entered into a definitive agreement (the “Agreement”) to sell all of the outstanding capital stock of Manquiri, which is the owner and operator of the San Bartolomé mine and processing facility (the “Transaction”). The Agreement provides that Manquiri will be sold to Argentum Investments, AB (“Argentum”), a privately-held Swedish company owned by a group of Mexican individuals with extensive mining experience in Latin America. The transaction is expected to close in early 2018, subject to customary closing conditions. Results of operations for the year ended December 31, 2017 include a $3.4 million write-down of assets to expected realizable value. The Company considered the terms of the Agreement to determine the expected realizable value. Under the Agreement, affiliates of Argentum will acquire Manquiri from Coeur and its subsidiaries for the following consideration:
• | 2.0% net smelter returns royalty (the “NSR”) payable to Coeur on all metals processed through the San Bartolomé Mine’s processing facility, commencing on the first anniversary of the closing of the Transaction. Coeur estimates the value of this NSR to be approximately $5.0 million.
• | Approximately $13.0 million of pre-closing value added tax refunds that will be collected or received by Manquiri in the future will be paid to Coeur (net of collection costs).
• | One-year promissory note of approximately $28.0 million payable to Coeur with an aggregate principal amount equal to Manquiri’s cash and cash equivalents (the “Note”).
• | The Agreement includes certain post-closing covenants, guaranties and indemnification obligations on the part of the Company for which the Company is expected to recognize a liability of approximately $6.0 million when the Transaction closes.
In accordance with GAAP, the Company classified Manquiri as held for sale and the associated assets and liabilities are classified separately on the consolidated balance sheets. The major classes of assets and liabilities associated with San Bartolomé as of December 31, 2017 and 2016 are as follows:
| December 31, 2017 |  | December 31, 2016
ASSETS |  |  |
CURRENT ASSETS |  |  |
Cash and cash equivalents | $ | 32,931 |  |  | $ | 43,870 |
Receivables | 7,295 |  |  | 7,016 |
Inventory | 10,655 |  |  | 12,590 |
Prepaid expenses and other | 13,415 |  |  | 7,966 |
Property, plant and equipment, net | 20,240 |  |  | — |
Mining properties, net | 6,885 |  |  | — |
| 91,421 |  |  | 71,442 |
NON-CURRENT ASSETS |  |  |
Property, plant and equipment, net | — |  |  | 23,373 |
Mining properties, net | — |  |  | 8,165 |
Receivables | — |  |  | 17,225 |
TOTAL ASSETS | $ | 91,421 |  |  | $ | 120,205 |
LIABILITIES |  |  |
CURRENT LIABILITIES |  |  |
Accounts payable | $ | 10,974 |  |  | $ | 8,675 |
Accrued liabilities and other | 5,161 |  |  | 6,382 |
Reclamation | 15,179 |  |  | 413 |
Other | 19,363 |  |  | — |
| 50,677 |  |  | 15,470 |
NON-CURRENT LIABILITIES |  |  |
Reclamation | — |  |  | 10,212 |
Deferred tax liabilities | — |  |  | 4,987 |
Other | — |  |  | 18,558 |
TOTAL LIABILITIES | $ | 50,677 |  |  | $ | 49,227 |
The expected sale of Manquiri and San Bartolomé is expected to have a major effect on the Company's results and operations. Accordingly, San Bartolomé’s operations for the years ended December 31, 2017, 2016 and 2015 are classified on the consolidated statements of operations and comprehensive income (loss) as Income (loss) from discontinued operations. The major classes of line items constituting the pretax profit or loss for the years ended December 31, 2017, 2016 and 2015 are as follows:
| Year ended December 31,
| 2017 |  | 2016 |  | 2015
Revenue | $ | 73,065 |  |  | $ | 93,880 |  |  | $ | 84,679 |
Costs applicable to sales(1) | 74,074 |  |  | 74,166 |  |  | 75,827 |
Amortization | 5,899 |  |  | 6,633 |  |  | 17,798 |
General and administrative | 172 |  |  | 101 |  |  | 198 |
Exploration | 23 |  |  | — |  |  | 126 |
Write-downs | 3,390 |  |  | — |  |  | 66,712 |
Pre-development, reclamation, and other | 4,664 |  |  | 2,808 |  |  | 1,589 |
Interest expense, net of capitalized interest | (27 | ) |  | (24 | ) |  | (725 | )
Other, net | 1,763 |  |  | 1,777 |  |  | 1,736 |
Pretax profit or loss of discontinued operations related to major classes of pretax profit (loss) | (13,421 | ) |  | 11,925 |  |  | (76,560 | )
Pretax gain or loss on the disposal of the discontinued operation | — |  |  | — |  |  | — |
Total pretax gain or loss on discontinued operations | (13,421 | ) |  | 11,925 |  |  | (76,560 | )
Income and mining tax (expense) benefit | 1,177 |  |  | 20,992 |  |  | (2,812 | )
Income (loss) from discontinued operations. | $ | (12,244 | ) |  | $ | 32,917 |  |  | $ | (79,372 | )
(1) Excludes amortization. Net cash provided by operating activities from San Bartolomé were $11.3 million, $29.4 million, and $26.1 million for the years ended December 31, 2017, 2016 and 2015, respectively. Net cash used in investing activities, which primarily relate to capital expenditures, from San Bartolomé were $1.4 million, $6.6 million, and $6.2 million for the years ended December 31, 2017, 2016 and 2015.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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