Short Term Debt	6 Months Ended
Jun. 30, 2011
Short Term Debt	3. Short term debt During the six months ended June 30, 2011, Solitario had received certain short-term margin loans from RBC Capital Markets, LLC ("RBC"), using Solitario's investment in Kinross held at RBC as collateral for the short-term margin loans. On April 16, 2011, Solitario repaid $1,915,000, the entire balance of its short-term margin loan with RBC, including $10,000 of accrued interest, with proceeds from the Offering. At June 30, 2011, Solitario has no remaining short-term margin loan with RBC. During the three and six months ended June 30, 2011, the loans carried interest at a margin loan rate of 4.25% per annum, which floats based upon the London Interbank Offered Rate. Interest expense related to the RBC short term margin loans for the three and six months ended June 30, 2011 was $6,000 and $21,000, respectively. As of June 30, 2011, Solitario borrowed $2,000,000 from UBS Bank, USA ("UBS Bank") pursuant to a secured credit line agreement between Solitario and UBS Bank. As of June 30, 2011, Solitario recorded accrued unpaid interest of $17,000 on the secured line of credit included in short-term debt. The UBS Bank credit line carries an interest rate which floats, based upon a base rate of 2.25% plus the one-month London Interbank Offered Rate ("LIBOR"), which is 0.20% as of June 30, 2011. The average base rate was approximately 2.5% for both the three and six months ended June 30, 2011. UBS Bank may change the base rate at any time. The UBS Bank credit line provides that Solitario may borrow up to $2 million and that Solitario maintain a minimum equity value percentage in its UBS brokerage account above 40%, based upon the value of its Kinross shares and any other assets held in Solitario's UBS brokerage account, less the value of its UBS Bank credit line and any other balances owed to UBS Bank. UBS Bank may modify the minimum equity value percentage of the loan at any time. In addition, if the equity value in Solitario's UBS brokerage account falls below the minimum equity value, UBS Bank may sell enough Kinross shares held in Solitario's UBS brokerage account or liquidate any other assets to restore the minimum equity value. At June 30, 2011, the equity value in Solitario's UBS brokerage account was 76%. Solitario recorded interest expense related to the UBS credit line of $13,000 and $23,000, respectively, for the three and six months ended June 30, 2011.

Short Term Debt

6 Months Ended

Jun. 30, 2011

3. Short term debt

During the six months ended June 30, 2011, Solitario had received certain short-term margin loans from RBC Capital Markets, LLC ("RBC"), using Solitario's investment in Kinross held at RBC as collateral for the short-term margin loans. On April 16, 2011, Solitario repaid $1,915,000, the entire balance of its short-term margin loan with RBC, including $10,000 of accrued interest, with proceeds from the Offering. At June 30, 2011, Solitario has no remaining short-term margin loan with RBC. During the three and six months ended June 30, 2011, the loans carried interest at a margin loan rate of 4.25% per annum, which floats based upon the London Interbank Offered Rate. Interest expense related to the RBC short term margin loans for the three and six months ended June 30, 2011 was $6,000 and $21,000, respectively.

As of June 30, 2011, Solitario borrowed $2,000,000 from UBS Bank, USA ("UBS Bank") pursuant to a secured credit line agreement between Solitario and UBS Bank. As of June 30, 2011, Solitario recorded accrued unpaid interest of $17,000 on the secured line of credit included in short-term debt. The UBS Bank credit line carries an interest rate which floats, based upon a base rate of 2.25% plus the one-month London Interbank Offered Rate ("LIBOR"), which is 0.20% as of June 30, 2011. The average base rate was approximately 2.5% for both the three and six months ended June 30, 2011. UBS Bank may change the base rate at any time. The UBS Bank credit line provides that Solitario may borrow up to $2 million and that Solitario maintain a minimum equity value percentage in its UBS brokerage account above 40%, based upon the value of its Kinross shares and any other assets held in Solitario's UBS brokerage account, less the value of its UBS Bank credit line and any other balances owed to UBS Bank. UBS Bank may modify the minimum equity value percentage of the loan at any time. In addition, if the equity value in Solitario's UBS brokerage account falls below the minimum equity value, UBS Bank may sell enough Kinross shares held in Solitario's UBS brokerage account or liquidate any other assets to restore the minimum equity value. At June 30, 2011, the equity value in Solitario's UBS brokerage account was 76%. Solitario recorded interest expense related to the UBS credit line of $13,000 and $23,000, respectively, for the three and six months ended June 30, 2011.

- Definition

The entire disclosure for short-term debt.

+ References+ Details