XML 39 R29.htm IDEA: XBRL DOCUMENT

Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives - Summary RMB Warrants

		Black Scholes model
	Warrant Liability (in thousands)	Life (months)	Stock price Per share	Volatility (%)	Risk- Free interest rate
Initial RMB warrant liability balance	$ 650	36	$1.19	62	0.39
Loss (gain) on warrant liability	488
Ending balance December 31, 2012	$1,138	32	1.68	62	0.35
Loss (gain) on warrant liability	(998)
Ending balance December 31, 2013	$ 140	20	0.85	55	0.38

Derivatives - Kinross Covered Call Options

(in thousands)	KGC February 2013 $11 call	KGC February 2014 $7 call	KGC February 2014 $8 call
Shares of Kinross	100	100	50
Balance December 31, 2011	$ -	$ -	$ -
Sale of call	51	-	-
(Gain) on derivative instrument	(48)	-	-
Ending liability balance December 31,2012	$ 3	$ -	$ -
Sale of call	-	55	35
(Gain) on derivative instrument	(3)	(53)	(34)
Ending liability balance December 31,2013	$ -	$ 2	$ 1

Derivatives - Derivative Instruments Presented in Balance Sheets

	Derivatives
(in thousands)	Balance Sheet Location	December 31, 2013	December 31, 2012
Derivatives not designated as hedging instruments under ASC 815
RMB warrants	Long-term liabilities	$140	$ 1,138
Kinross calls	Other current liabilities	$ 3	-

Derivatives - Derivative Instruments Presented in Statements of Operations

	Year ended December 31,
(in thousands)	2013	2012
Gain (loss) on derivatives not designated as hedging instruments under ASC 815
Kinross Calls	$ 90	$ 48
Ely warrants	-	(74)
ILC warrants	-	(4)
Total gain (loss)	$ 90	$ (30)