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Shareholders' Equity andAccumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2017

Equity [Abstract]

Shareholders' Equity andAccumulated Other Comprehensive Income

9. Shareholders’ Equity and Accumulated Other Comprehensive Income

(in thousands, except					Accumulated
Share amounts)	Common	Common	Additional		Other	Total
	Stock	Stock	Paid-in	Accumulated	Comprehensive	Shareholders’
	Shares	Amount	Capital	Deficit	Income	Equity
Balance at December 31, 2016	38,693,589	$387	$55,790	$(39,401)	$712	$17,488

Purchase of shares for cancellation	(8,400)	-	(6)	-	-	(6)
Net loss	-	-	-	(13)	-	(13)
Net unrealized loss on marketable equity securities	-	-	-	-	(93)	(93)
Balance at March 31, 2017	38,685,189	$387	$55,784	$(39,414)	$619	$17,376

Purchase of shares for cancellation	(30,300)	-	(22)	-	-	(22)
Net loss	-	-	-	(517)	-	(517)
Net unrealized gain on marketable equity securities	-	-	-	-	244	244
Balance at June 30, 2017	38,654,889	$387	$55,762	$(39,931)	$863	$17,081

Share Repurchase Program

On October 28, 2015, Solitario’s Board of Directors approved a share repurchase program that initially authorized Solitario to purchase up to two million shares of its outstanding common stock through December 31, 2016. During 2016, Solitario’s Board of Directors extended the expiration date of the share repurchase program through December 31, 2017. During the three and six months ended June 30, 2017, Solitario purchased 30,300 and 38,700 shares of Solitario common stock, respectively, for an aggregate purchase price of $22,000 and $28,000, respectively. During the three and six months ended June 30, 2016, Solitario purchased 232,000 and 406,000 shares of Solitario common stock, respectively, for an aggregate purchase price of $118,000 and $201,000, respectively. As of June 30, 2017, Solitario has purchased a total of 659,300 shares for an aggregate purchase price of $343,000 under the share repurchase program since its inception.