XML 55 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Reporting
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Reporting

10.       Segment Reporting

 

        Solitario operates in two segments, (i) mineral exploration and (ii) mining development and operations. Solitario is capitalizing Mt. Hamilton development and operations costs subsequent to February 22, 2012, as detailed above in Note 2, “Mineral properties.” The following summarizes Solitario segment activity for the three and nine months ended September 30, 2014 and 2013:

 

(in thousands) Three months ended September 30,
  Mt Hamilton Exploration Corporate and Other Consolidated
  2014 2013 2014 2013 2014 2013 2014 2013
Exploration expense  $-     $ -   $58  $76  $   -     $ -    $58  $76 
Interest expense (2) -   -   -   -   -   -    -   -  
Other loss (income) (1)(3) -         7    (149) (217)  599  388   450  178 
Pre-tax loss (income)    $ -      $   7     $(91) $(141)    $599  $388     $508  $254 

 

(1)Includes loss on unconsolidated subsidiary and property and joint venture revenue.
(2)Interest cost and Mt. Hamilton depreciation have been capitalized to Mt. Hamilton mineral properties. See Note 2, “Mineral Property”.
(3)Corporate and other include gain (loss) on warrant liability and gain on sale of marketable equity securities.

 

 

(in thousands) Nine months ended September 30,
  Mt Hamilton Exploration Corporate and Other Consolidated
  2014 2013 2014 2013 2014 2013 2014 2013
                 
Exploration expense $ -     $ -   $242  $774   $  -    $  -    $242     $ 774 
Interest expense (2) -   -   -   -   -   -    -   -  
Other loss (income) (1)(3) -         22       36  571   1,306  299  1,342  892 
Pre-tax loss    $ -      $   22     $278  $1,345     $1,306  $ 299     $1,584  $  1,666 
Total assets (4)(5) $15,235  $14,012  $385  $1,195  $4,281  $4,610  $19,901  $19,818 
Capital Expenditures (2) $  1,966  $  2,124  $   -    $     4   $       -   $     5   $  1,966  $  2,133 
(1)Includes loss on unconsolidated subsidiary and property and joint venture revenue.
(2)Interest cost and Mt. Hamilton depreciation have been capitalized to Mt. Hamilton. See Note 2, “Mineral properties.”
(3)Corporate and other include gain on warrant liability and gain on sale of marketable equity securities.
(4)Exploration total assets include investment in unconsolidated subsidiary.
(5)Corporate and other total assets include investment in marketable equity securities.