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Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Change in Financial Instrument Balance
Activity is summarized below for financial instrument liabilities and related restricted cash:
 
 
June 30,
 
 
2015
 
2014
Balance, beginning of period
 
$
21,311

 
$
25,090

Settlement of short sales of corporate securities
 
(419
)
 
—

Short sales of corporate securities
 
209

 
19,341

Net investment losses
 
284

 
1,492

Receipt of dividends, net of interest expense
 
—

 
88

Balance of financial instrument liabilities and related restricted cash, end of period
 
$
21,385

 
$
46,011
Schedule of Outstanding Forward or Future Contracts with Settlement Dates
As of June 30, 2015, HNH had the following outstanding forward contracts with settlement dates through September 2015. There were no futures contracts outstanding as of June 30, 2015.
Commodity
Amount
Notional Value
Silver
885,000 ounces
$
14,000

Gold
       1,100 ounces
$
1,300

Copper
350,000 pounds
$
900

Tin
40 metric tons
$
600
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Fair Value and carrying amount of Derivative Instruments in the Company's Consolidated Balance Sheets is as follows.
Derivative
 
Balance Sheet Location
 
June 30, 2015
 
December 31, 2014
Commodity contracts (a), (b)
 
Prepaid and other current assets
 
$
603

 
$
667

Commodity contracts (c)
 
Prepaid and other current assets
 
$
243

 
$
97

Interest rate swap agreements
 
Other current liabilities
 
$
(103
)
 
$
(138
)
Foreign exchange forward contracts (a), (d)
 
Accrued liabilities
 
$
2,266

 
$
—

Foreign exchange forward contracts (a), (d)
 
Accrued liabilities
 
$
(42
)
 
$
—

Foreign exchange forward contracts (a), (b)
 
Trade and other receivables/Prepaid and other current assets
 
$
107

 
$
—


(a) Designated as hedging instruments as of June 30, 2015.
(b) Fair value hedge
(c) Economic hedge
(d) Cash flow hedge
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
Effect of derivative instruments on the Company's Consolidated Statements of Operations:
 
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
 
2015
 
2014
 
2015
 
2014
Derivative
 
Statement of Operations Location
 
Gain (loss)
 
Gain (loss)
 
Gain (loss)
 
Gain (loss)
Commodity contracts (a), (b)
 
Cost of goods sold
 
$
893

 
$
(783
)
 
$
(21
)
 
$
(909
)
Commodity contracts (c)
 
Realized and unrealized (gain) loss on derivatives
 
312

 
(606
)
 
105

 
(466
)
Interest rate swap agreements
 
Interest expense, net
 
(18
)
 
(80
)
 
(63
)
 
(125
)
Foreign exchange forward contracts (a), (d)
 
Revenues/Costs of sales
 
610

 
—

 
610

 
—

Foreign exchange forward contracts (a), (b)
 
Other income, net
 
111

 
—

 
111

 
—

Total derivatives
 
 
 
$
1,908

 
$
(1,469
)
 
$
742

 
$
(1,500
)
(a) Designated as hedging instruments as of June 30, 2015.
(b) Fair value hedge
(c) Economic hedge
(d) Cash flow hedge