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Shareholders' Equity, Comprehensive Loss and Noncontrolling Interest

6 Months Ended

Jun. 30, 2013

Shareholders' Equity, Comprehensive Loss And Noncontrolling Interest

9. Shareholders’ Equity, comprehensive loss and noncontrolling interest

(in thousands, except					Accumulated	Total
Share amounts)	Common	Common	Additional		Other	Solitario	Non-	Total
	Stock	Stock	Paid-in	Accumulated	Comprehensive	Shareholder	Controlling	Shareholders’
	Shares	Amount	Capital	Deficit	Income	Equity	Interest	Equity
Balance at December 31, 2012	34,479,958	$345	$47,107	$(42,678)	$3,914	$8,688	$529	$9,217

Exercise of stock options for cash	117,500	1	182			183		183
Issuance of shares to noncontrolling shareholder for future earn-in	50,000	-	77	-	-	77	(77)	-
Issuance of cash to noncontrolling shareholder for future earn-in	-	-	-	-	-	-	(250)	(250)
Stock option expense	-	-	125	-	-	125	-	125
Net loss	-	-	-	(991)	-	(991)	(3)	(994)
Net unrealized loss on marketable equity securities	-	-	-	-	(884)	(884)	-	(884)
Balance at March 31, 2013	34,647,458	$346	$47,491	$(43,669)	$3,030	$7,198	$199	$7,397

Credit for payment to receive Ely shares as well as Augusta debt payment	-	-	500	-	-	500	250	750
Distribution to noncontrolling interest	-	-	-	-	-	-	(50)	(50)
Issuance of shares for mineral property	35,000	1	40	-	-	41	-	41
Stock option expense	-	-	68	-	-	68	-	68
Net loss	-	-	-	(438)	-	(438)	(4)	(442)
Net unrealized loss on marketable equity securities	-	-	-	-	(1,669)	(1,669)	-	(1,669)
Balance at June 30, 2013	34,682,458	$347	$48,099	$(44,107)	$1,361	$5,700	$395	$6,095

During the six months ended June 30, 2013, Solitario paid DHI Minerals (US), Ltd. (“DHI”) $250,000 in cash and delivered 50,000 shares of Solitario common stock to DHI, in accordance with the terms of the letter of intent between Solitario, DHI and Ely. See Note 10, “Ely Gold investment and the Mt. Hamilton joint venture” to the consolidated financial statements included in Solitario’s Annual Report on Form 10-K for the year ended December 31, 2012. During the three and six months ended June 30, 2013 MH-LLC made a $250,000 distribution to its members and Solitario received $200,000 and DHI received $50,000.