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OPERATING SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2017
OPERATING SEGMENT REPORTING |
Schedule of the financial information relating to the Company's segments |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Three months ended June 30, 2017 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  |  | Timmins |  | Income (loss)
Gold and silver sales |  | $ | 15,110 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 15,110
Production costs applicable to sales |  |  | (8,560) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (8,560)
Mine development costs |  |  | (177) |  |  | — |  |  | — |  |  | (543) |  |  | — |  |  | (720)
Exploration costs |  |  | (1,513) |  |  | — |  |  | (841) |  |  | (447) |  |  | (130) |  |  | (2,931)
Property holding costs |  |  | (63) |  |  | — |  |  | (47) |  |  | (313) |  |  | — |  |  | (423)
General and administrative expenses |  |  | (1,040) |  |  | — |  |  | (421) |  |  | (359) |  |  | (26) |  |  | (1,846)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (263) |  |  | — |  |  | — |  |  | — |  |  | (263)
Segment income (loss) |  | $ | 3,757 |  | $ | (263) |  | $ | (1,309) |  | $ | (1,662) |  | $ | (156) |  | $ | 367
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (155)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,232)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (482)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (116)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (109)
Gain on sale of marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 840
Unrealized gain on derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (722)
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,050
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (1,559)
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Six months ended June 30, 2017 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  |  | Timmins |  | Income (loss)
Gold and silver sales |  | $ | 29,943 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 29,943
Production costs applicable to sales |  |  | (15,544) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (15,544)
Mine development costs |  |  | (332) |  |  | — |  |  | — |  |  | (1,503) |  |  | — |  |  | (1,835)
Exploration costs |  |  | (3,052) |  |  | — |  |  | (7,142) |  |  | (931) |  |  | (130) |  |  | (11,255)
Property holding costs |  |  | (1,045) |  |  | — |  |  | (48) |  |  | (518) |  |  | — |  |  | (1,611)
General and administrative expenses |  |  | (1,879) |  |  | — |  |  | (629) |  |  | (785) |  |  | (26) |  |  | (3,319)
Loss from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | (73) |  |  | — |  |  | — |  |  | — |  |  | (73)
Segment income (loss) |  | $ | 8,091 |  | $ | (73) |  | $ | (7,819) |  | $ | (3,737) |  | $ | (156) |  | $ | (3,694)
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (275)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (5,052)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (809)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (221)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (175)
Gain on sale of assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11
Gain on sale of marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 840
Unrealized gain on derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,069
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,075
Net loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (7,231)
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Three months ended June 30, 2016 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  |  | Timmins |  | Income (loss)
Gold and silver sales |  | $ | 14,613 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 14,613
Production costs applicable to sales |  |  | (5,763) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,763)
Mine development costs |  |  | (619) |  |  | — |  |  | — |  |  | (697) |  |  | — |  |  | (1,316)
Exploration costs |  |  | (860) |  |  | — |  |  | (193) |  |  | (599) |  |  | — |  |  | (1,652)
Property holding costs |  |  | — |  |  | — |  |  | (82) |  |  | (176) |  |  |  |  |  | (258)
General and administrative expenses |  |  | (770) |  |  | — |  |  | (146) |  |  | (52) |  |  | — |  |  | (968)
Income from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | 4,133 |  |  | — |  |  | — |  |  | — |  |  | 4,133
Segment income (loss) |  | $ | 6,601 |  | $ | 4,133 |  | $ | (421) |  | $ | (1,524) |  | $ | — |  | $ | 8,789
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (37)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,632)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (258)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (133)
Interest and other expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (73)
Other-than-temporary impairment on marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (597)
Unrealized gain on derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,719
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (281)
Net income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 7,497
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Segment
Six months ended June 30, 2016 |  | Mexico |  | MSC |  | Los Azules |  | Nevada |  |  | Timmins |  | Income (loss)
Gold and silver sales |  | $ | 35,803 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 35,803
Production costs applicable to sales |  |  | (14,830) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (14,830)
Mine development costs |  |  | (697) |  |  | — |  |  | — |  |  | (1,317) |  |  | — |  |  | (2,014)
Exploration costs |  |  | (1,645) |  |  | — |  |  | (503) |  |  | (1,187) |  |  | — |  |  | (3,335)
Property holding costs |  |  | (831) |  |  | — |  |  | (174) |  |  | (400) |  |  | — |  |  | (1,405)
General and administrative expenses |  |  | (1,489) |  |  | — |  |  | (185) |  |  | (107) |  |  | — |  |  | (1,781)
Income from investment in Minera Santa Cruz S.A. (net of amortization) |  |  | — |  |  | 9,096 |  |  | — |  |  | — |  |  | — |  |  | 9,096
Segment income (loss) |  | $ | 16,311 |  | $ | 9,096 |  | $ | (862) |  | $ | (3,011) |  | $ | — |  | $ | 21,534
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other exploration |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (94)
General and administrative expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,587)
Depreciation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (497)
Revision of estimates and accretion of reclamation obligations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (257)
Interest and other income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 155
Other-than-temporary impairment on marketable equity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (882)
Gain on sale of marketable securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 22
Unrealized gain on derivatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,719
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 502
Net income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 18,615
Schedule Of Geographic Information | Geographic information
|  | Revenue(1)
|  | Three months ended June 30, |  | Six months ended June 30,
|  | 2017 |  | 2016 |  |  | 2017 |  | 2016
Mexico |  |  | 15,110 |  |  | 14,613 |  |  | 29,943 |  |  | 35,803
Total consolidated |  | $ | 15,110 |  | $ | 14,613 |  | $ | 29,943 |  | $ | 35,803
|  | Long-lived Assets as at
|  | June 30, |  | December 31
|  | 2017 |  | 2016
Canada |  | $ | 42,587 |  | $ | 663
Mexico |  |  | 36,684 |  |  | 27,582
USA |  |  | 37,114 |  |  | 37,620
Argentina(2) |  |  | 348,813 |  |  | 353,879
Total consolidated |  | $ | 465,198 |  | $ | 419,744
(1)Presented based on the location from which the product originated. (2)Includes Investment in MSC of $157.3 million as of June 30, 2017 (December 31, 2016 - $162.3 million).

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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