Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 237	$ 432
Investments in marketable equity securities, at fair value	5,915	4,361
Prepaid expenses and other	315	488
Total current assets	6,467	5,281
Mineral properties, net	9,236	8,901
Investments in marketable equity securities, at fair value	3,006	6,000
Equity method investment	1,544	1,653
Other assets	214	219
Total assets	20,467	22,054
Current liabilities:
Accounts payable	373	482
Short-term margin loan	2,792	2,000
Current portion long-term debt	741	727
Deferred income taxes	2,159	1,627
Other	100	100
Total current liabilities	6,165	4,936
Long-term debt	2,114	2,075
Deferred income taxes		1,170
Stock option liability
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2012 and December 31, 2011)
Common stock, $0.01 par value, authorized 100,000,000 shares (34,229,958 and 34,204,958, respectively, shares issued and outstanding at March 31, 2012 and December 31, 2011)	342	342
Additional paid-in capital	45,667	49,015
Accumulated deficit	(40,051)	(39,381)
Accumulated other comprehensive income	4,988	5,877
Total Solitario shareholders’ equity	10,946	15,853
Noncontrolling interest	1,242	(1,640)
Contra-noncontrolling interest		(340)
Total shareholders’ equity	12,188	13,873
Total liabilities and shareholders’ equity	$ 20,467	$ 22,054

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Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).