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Stockholders' Equity and Noncontrolling Interest
 3 Months Ended
Mar. 31, 2012
Notes to Financial Statements  
Stockholders' Equity and Noncontrolling Interest

6.          Shareholders’ Equity, comprehensive loss and non-controlling interest

 

         As a result of the completion of the Feasibility Study discussed above under “Recent developments,” Solitario recorded the earn-in of its 80% interest in MH-LLC by reducing noncontrolling interest by $531,000 for Solitario’s accumulated earn-in payments made to DHI-US recorded in its contra noncontrolling interest account as of February 22, 2012. In addition Solitario recorded a reduction in additional paid-in-capital of $2,983,000 for DHI-US’ proportionate share of its 20% interest in the equity of MH-LLC as of February 22, 2012. The following provides a reconciliation of the beginning and ending balances of Solitario Shareholders' equity, comprehensive loss and non-controlling interest for the three months ended March 31, 2012.

 

For the three months ended March 31, 2012

(in thousands, except         Accumulated Total   Contra  
Share amounts) Common Common Additional   Other Solitario Non- Non- Total
  Stock Stock Paid-in Accumulated Comprehensive Shareholder Controlling Controlling Shareholders’
  Shares Amount Capital Deficit Income Equity Interest Interest Equity
Balance at December 31, 2011 $34,204,958 $342 $49,015  $(39,381) $5,877  $15,853 $(1, 640) $(340) $13,873 
                   

Issuance of shares and $150 cash to

noncontrolling shareholder for future

earn-in

 25,000 -    41  -    -    41  -    (191) (150)
Noncontrolling interest contribution -    -    -    -    -    -    99  -    99 
Loan to noncontrolling interest -    -    -    -    -    -    (49) -    (49)

Record reversal of contra noncontrolling

interest on earn-in

 -    -    -    -    -    -    (531) 531  -   

Record interest on advance to

noncontrolling interest

 -    -    -    -    -    -    (8) -    (8)
Disproportionate share entry on earn-in -    -    (2,983) -    -    (2,983) 2,983  -    -   
Stock option expense -    -    174  -    -    174  -    -    174 
Comprehensive income:                  
    Net loss -    -    -    (670) -    (670) (192) -    (862)
    Net unrealized loss on marketable
     equity securities (net of tax of
      $529)		 -    -    -    -    (889) (889) -    -    (889)
Comprehensive loss -    -    -    -    -    (1,559) (192) -    (1,751)
Balance at March 31, 2012 34,229,958 $342 $46,247  $(40,051) $4,988  $11,526  $662  $    -   $12,188