XML 25 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Impairment of Long Lived Assets (Tables)
12 Months Ended
Dec. 31, 2014
Impairment of long lived assets  
Schedule of details of components of the impairment of long lived assets

 

 

Impairment Charges

 

 

 

 

 

Velardeña

 

 

 

 

 

 

 

Properties

 

San Diego

 

Total

 

 

 

Asset Group

 

Asset Group

 

Impairment

 

 

 

 

 

 

 

 

 

Mineral properties

 

$

217,524 

 

$

 

$

217,524 

 

Exploration properties

 

3,472 

 

8,659 

 

12,131 

 

Buildings

 

3,036 

 

 

3,036 

 

Mining equipment and machinery

 

10,394 

 

 

10,394 

 

Other furniture and equipment

 

900 

 

 

900 

 

 

 

235,326 

 

8,659 

 

243,985 

 

 

Velardena Operations  
Impairment of long lived assets  
Schedule of details of components of the impairment of long lived assets

 

 

Net Book Value

 

 

 

Net Book Value

 

 

 

Net Book Value

 

 

 

Prior to

 

Jun. 30, 2013

 

After

 

Dec. 31, 2013

 

After

 

 

 

Impairment at

 

Impairment

 

Impairment at

 

Impairment

 

Impairment at

 

 

 

Jun. 30, 2013

 

Charges

 

Jun. 30, 2013

 

Charges

 

Dec. 31, 2013

 

 

 

(in thousands)

 

Mineral properties (1)

 

$

232,805 

 

$

211,608 

 

$

21,197 

 

$

5,916 

 

$

15,384 

 

Exploration properties

 

3,472 

 

3,472 

 

 

 

 

Tangible assets (2)

 

23,928 

 

14,330 

 

9,598 

 

 

8,485 

 

 

 

$

260,205 

 

$

229,410 

 

$

30,795 

 

$

5,916 

 

$

23,869 

 

 

(1)The December 31, 2013 mineral properties net book value reflects a $0.1 million adjustment recorded during the fourth quarter of 2013 in addition to the impairment charge.

(2)The December 31, 2013 tangible assets net book value reflects depreciation and asset disposals recorded during the third and fourth quarters of 2013.

 

San Diego Exploration Property  
Impairment of long lived assets  
Schedule of details of components of the impairment of long lived assets

 

 

Net Book Value

 

 

 

Net Book Value

 

 

 

Net Book Value

 

 

 

Prior to

 

Jun. 30, 2013

 

After

 

Dec. 31, 2013

 

After

 

 

 

Impairment at

 

Impairment

 

Impairment at

 

Impairment

 

Impairment at

 

 

 

Jun. 30, 2013

 

Charges

 

Jun. 30, 2013

 

Charges

 

Dec. 31, 2013

 

 

 

(in thousands)

 

Exploration properties

 

$

9,260 

 

$

8,428 

 

$

832 

 

$

231 

 

$

601 

 

 

 

$

9,260 

 

$

8,428 

 

$

832 

 

$

231 

 

$

601