RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2020

Disclosure of transactions between related parties [abstract]

14. RELATED PARTY TRANSACTIONS

The aggregate value of transactions and outstanding balances relating to key management personnel were as follows:

				Share-based
For the year ended December 31, 2020		Salary and fees		Payments		Total
Management	$	894	$	934	$	1,828
Outside directors *		301		469		770
Seabord Services Corp.**		279		—		279
Total	$	1,474	$	1,403	$	2,877

				Share-based
For the year ended December 31, 2019		Salary and fees		Payments		Total
Management	$	650	$	568	$	1,218
Outside directors *		152		282		434
Seabord Services Corp.**		437		—		437
Total	$	1,239	$	850	$	2,089

* Starting June 2020 the directors fees paid to the Company's non-Executive Chairman have been replaced by monthly consulting fees of US$20,800. The change in fees is to reflect his increase role and involvement in the Company's investment activities.

** Seabord Services Corp. ("Seabord") is a management services company controlled by the Chairman of the Board of Directors of the Company. Seabord provides a Chief Financial Officer, accounting and administration staff, and office space to the Company.

Included in accounts payable and accrued liabilities at December 31, 2020 is $28 (December 31, 2019 - $36) owed to key management personnel and other related parties. By way of a common director and a common officer, included in Loans receivable (Note 6) for the year ended December 31, 2019 are certain balances owing from a former related party.