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Noncontrolling Interest
12 Months Ended
Dec. 31, 2012
Noncontrolling Interest [Abstract]  
Noncontrolling Interest
NONCONTROLLING INTEREST
    
In March 2012, the Company entered into an agreement with Mitsubishi Corporation (Mitsubishi) in which a Mitsubishi subsidiary acquired a 25% interest in the Company's previously wholly-owned subsidiary, Stillwater Canada Inc (SCI), which owns the Marathon PGM-copper project and related properties, for approximately US$81.25 million in cash and contributed an additional $13.6 million to satisfy Mitsubishi's portion of the venture's initial cash call. Mitsubishi will be responsible for funding its 25% share of operating, capital and exploration expenditures on the Marathon properties and has agreed to cooperate and support efforts to secure project financing for Marathon. Mitsubishi will have an option to purchase up to 100% of Marathon's future PGM production under a related supply agreement at a relatively small discount to market. The transaction closed on April 10, 2012. The Company incurred transaction costs of approximately $1.1 million related to the agreement with Mitsubishi, which were recorded within Stockholders' Equity on the Company's Consolidated Balance Sheets.
The noncontrolling interests' share of equity in SCI is reflected as Noncontrolling interest in the Company's Consolidated Balance Sheets and was $51.8 million as of December 31, 2012.
The change in the parent company's equity as a result of the sale of the noncontrolling interest in SCI was an increase to Additional paid in capital of $42.5 million, offset by expenses incurred of $1.1 million.