XML 91 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
GOLD AND SILVER BULLION INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2013
GOLD AND SILVER BULLION INVESTMENTS  
Schedule of gold and silver holdings

 


 2013 2012

Gold Silver Gold Silver

(dollars in thousands,
except ounces and per ounce)

Number of ounces

 — — 793 24,969

Average cost per ounce

 n/a n/a $ 1,278.63 $ 27.08

Total cost

 $ — $ — $ 1,014 $ 676

Fair value per ounce

 n/a n/a $ 1,657.50 $ 29.95

Total fair value

 $ — $ — $ 1,314 $ 748
Schedule of changes of gold and silver holdings

 


 2013 2012

Gold Silver Total Gold Silver Total

(in thousands)

Opening Balance

 $ 1,014 $ 676 $ 1,690 $ 7,232 $ 15,578 $ 22,810

Proceeds from sale

 (988 ) (479 ) (1,467 ) (7,982 ) (15,854 ) (23,836 )

(Loss) gain on sale

 (26 ) (197 ) (223 ) 1,764 1,311 3,075

Unrealized loss

 — — — — (359 ) (359 )
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Ending Balance

 $ — $ — $ — $ 1,014 $ 676 $ 1,690
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​