XML 64 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9
Other Assets
12 Months Ended
Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

4. Other Assets:

 

The following items comprised other assets:

 

(in thousands) December 31,
  2014 2013
Deferred offering costs RMB Loan $126  $322 
Accumulated Mt. Hamilton advance royalty payments (1) 900  600 
Furniture and Fixtures, net of accumulated depreciation   63    95 
Exploration bonds and other assets   74    52 
Total other assets $ 1,163  $ 1,069 
(1)Total advanced royalty payments at Mt. Hamilton are $2,000,000 as of December 31, 2014. The capitalized advanced royalty payments here exclude advanced royalty payments totaling $1,100,000 incurred by Ely, prior to the formation of MH-LLC and by MH-LLC expensed prior to completion of the Feasibility Study.

 

In connection with the RMB Loan, Solitario recorded deferred offering costs that are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. See Note 6, “Short-term Debt,” below.