Disposal of Hydro Resources, Inc (Tables)

3 Months Ended

Mar. 31, 2017

Disposal Of Hydro Resources Inc.

Schedule of Fair Value of Purchase Consideration

The following fair value amounts were recorded as the purchase consideration:

(thousands of dollars)	Fair Value
Cash, less transaction costs	$                1,950
Laramide common stock	569
Notes receivable	3,501
Total consideration received	$               6,020

Schedule of Asset Disposal

The Company recorded the following gain on disposal of uranium properties within its Condensed Consolidated Statement of Operations:

(thousands of dollars)
Total consideration received	$                6,020
Carrying value of Churchrock project	(2,123)
Carrying value of other plant and equipment	(31)
Accounts payable	1
Asset retirement obligation	105
Royalty payable on Churchrock project	450
Gain on disposal of HRI	$                 4,422