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Other Assets
 12 Months Ended
Dec. 31, 2019
Other Assets [Abstract]  
Other Assets

The following items comprised other assets:

 

(in thousands)   December 31,  
    2019     2018  
Furniture and fixtures, net of accumulated depreciation   $ 39     $ 36  
Lik project equipment, net of accumulated depreciation     50       70  
Office lease asset     45       -  
Vendetta warrants     21       -  
Exploration bonds and other assets     4       4  
Total other assets   $ 159     $ 110  

 

During 2017, Solitario acquired $100,000 of exploration-related equipment at the Lik project as part of the acquisition of the Lik project. The equipment is being depreciated over a five-year life on a straight-line basis and Solitario recorded depreciation expense of $20,000 during 2019 and 2018 related to this equipment.

 

On July 31, 2019, Solitario acquired the 2019 Vendetta Warrants and recorded $68,000 for the fair value of the 2019 Vendetta Warrants, discussed above, and recorded a loss on derivative instruments related to the 2019 Vendetta Warrants of $47,000, see Note 8, “Derivative Instruments,” below.