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ACQUISITIONS AND DIVESTITURES (Tables)
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisitions, by Acquisition The Acquisition Date fair value of the consideration transferred consists of the following (in thousands):
Share consideration (1)
$2,127,284 
RSU, PSU and DSU consideration (2)
52,363 
Total consideration$2,179,647 
(1)The fair value of 95,699,911 common shares issued to Alacer shareholders was determined using the Company's common share price of $22.22 per share on September 15, 2020.
(2)The fair value of 3,570,261 RSU, 3,463,023 PSU and 1,158,071 DSU consideration units issued was determined using the Alacer share price of $7.21 on September 15, 2020, adjusted for the Exchange Ratio. Of the amount relating to the RSU, PSU and DSU consideration, $15.4 million was recognized in equity and $23.8 million and $13.2 million were recognized in Accrued liabilities and other and Other non-current liabilities, respectively.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The table below presents the fair values of the assets acquired and liabilities assumed at the Acquisition Date (in thousands):
ASSETS
Cash and cash equivalents$270,445 
Trade and other receivables17,218 
Inventories224,992 
Prepaids and other current assets
6,039 
Mineral properties, plant and equipment2,789,832 
Inventories124,775 
Restricted cash32,943 
Equity method investments9,148 
Other non-current assets9,575 
Total assets
$
3,484,967 
LIABILITIES
Accounts payable and accrued liabilities
$
71,861
Current portion of debt70,000 
Debt175,000 
Reclamation liabilities(1)
26,154 
Lease liabilities - non-current114,820 
Deferred income tax liabilities (2)
337,752 
Other non-current liabilities3,081 
Non-controlling interest (3)
506,652 
Total liabilities1,305,320 
Total net assets$2,179,647 
(1)The fair value of reclamation costs is based on the expected amounts and timing of cash flows for closure activities and discounted to present value using a credit-adjusted risk-free rate as of the Acquisition Date. Key assumptions include the costs and timing of key closure activities based on the life of mine plans.
(2)Deferred income tax liabilities are net of a deferred income tax asset of $182.9 million relating to investment incentive tax credits at Çöpler and includes a deferred income tax liability of $29.2 million for withholding tax on distributable earnings of the Turkish entities.
(3)The fair value of non-controlling interest is measured based on a discounted cash flow model.
Business Acquisition, Pro Forma Information
The following table provides unaudited pro forma financial information for the year ended December 31, 2020, as if Alacer had been acquired as of January 1, 2020 (in thousands):
 
Years Ended December 31,
 
2020
Revenue$1,215,145 
Net income attributable to SSR Mining shareholders$264,390