XML 150 R138.htm IDEA: XBRL DOCUMENT v3.21.1
Debt, Net - Narrative (Details) - USD ($)
3 Months Ended 4 Months Ended 12 Months Ended
Oct. 31, 2020
May 29, 2020
Mar. 31, 2021
Mar. 31, 2020
May 28, 2020
Dec. 31, 2020
Dec. 31, 2019
Oct. 04, 2019
Debt Instrument [Line Items]                
Percentage of stock issued to creditors   1.00%            
Proceeds from issuance of debt     $ 0 $ 24,900,000        
Unamortized discount     13,586,000     $ 14,674,000    
Shares issued           1,000    
Proceeds from sales of equipment $ 2,300,000         2,315,000 $ 0  
Repayment of debt     0 632,000        
Restricted cash - Note 6     0 $ 2,929,000   $ 0 $ 3,270,000  
Common Stock                
Debt Instrument [Line Items]                
Number of shares issued [1]           101 37,600  
Additional Paid-in Capital                
Debt Instrument [Line Items]                
Shares issued [1]           $ 1,000    
Sprott Credit Agreement                
Debt Instrument [Line Items]                
Share price (in dollars per share)   $ 12.65            
Shares issued           $ 6,282,000    
Sprott Credit Agreement | Common Stock                
Debt Instrument [Line Items]                
Number of shares issued   500,000       496,634 [1]    
Sprott Credit Agreement | Additional Paid-in Capital                
Debt Instrument [Line Items]                
Shares issued   $ 6,300,000       $ 6,282,000 [1]    
Subordinated debt                
Debt Instrument [Line Items]                
Stated interest rate   10.00%            
1.25 Lien Notes for Subordinated Notes                
Debt Instrument [Line Items]                
Debt converted   $ 80,000,000.0       80,000,000 $ 0  
2.0 Lien Notes to common stock                
Debt Instrument [Line Items]                
Debt converted   221,300,000            
Retained earnings, increase (decrease) upon debt conversion   $ 74,600,000            
Debt conversion, number of shares distributed   14,795,153            
Conversion price (in dollars per share)   $ 1.67            
Debt conversion, number of shares issued   132,800,000            
1.5 Lien Notes to common stock                
Debt Instrument [Line Items]                
Debt converted   $ 145,700,000       160,254,000 0  
Retained earnings, increase (decrease) upon debt conversion   $ (14,600,000)            
Debt conversion, number of shares issued   16,000,000.0            
Percentage of total principal amount   10.00%            
1.25 Lien Notes to common stock                
Debt Instrument [Line Items]                
Debt converted   $ 48,500,000       48,459,000 0  
Debt conversion, number of shares issued   4,850,000            
1.25 Lien Notes to Subordinated Notes                
Debt Instrument [Line Items]                
Debt converted   $ 80,000,000.0            
Debt conversion, amount   80,000,000.0            
Sprott Credit Agreement                
Debt Instrument [Line Items]                
Minimum working capital           10,000,000.0    
Minimum unrestricted cash           $ 10,000,000.0    
Gold and silver, discount rate           5.00%    
Maximum borrowing capacity               $ 110,000,000.0
Stated amount of borrowing   $ 70,000,000.0            
Debt, original issue discount   2.00%            
Original issue discount   $ 1,400,000            
Remaining borrowing capacity           $ 40,000,000.0    
Proceeds from issuance of debt   62,300,000       $ 68,600,000 0  
Interest obligation   9,300,000            
Unamortized discount   $ 17,000,000.0            
Stated interest rate   7.00%       8.50%    
Periodic payment, first twelve months   $ 0            
Percentage of interest capitalized   100.00%            
Quarterly interest payable   $ 500,000            
First four principal repayments, percentage of outstanding principal   2.50%            
Subsequent principal repayments, percentage of outstanding principal   7.50%            
Debt term   5 years            
Amount of debt repurchased $ 1,200,000              
Sprott Credit Agreement | Minimum                
Debt Instrument [Line Items]                
Early repayment premium   3.00%            
Payment terms, percent of proceeds received           50.00%    
Sprott Credit Agreement | Maximum                
Debt Instrument [Line Items]                
Early repayment premium   5.00%            
Payment terms, percent of proceeds received           100.00%    
Sprott Credit Agreement | LIBOR                
Debt Instrument [Line Items]                
Basis spread on variable rate   1.50%            
2.0 Lien Notes                
Debt Instrument [Line Items]                
Stated interest rate   15.00%            
1.5 Lien Notes                
Debt Instrument [Line Items]                
Stated interest rate   15.00%            
Repurchase price percentage   110.00%            
1.25 Lien Notes                
Debt Instrument [Line Items]                
Proceeds from issuance of debt           $ 44,841,000 71,831,000  
Stated interest rate   15.00%            
1.25 Lien Notes | 1.25 Lien Notes to common stock                
Debt Instrument [Line Items]                
Debt converted   $ 48,500,000            
Debt conversion, number of shares issued   4,845,920            
1.25 Lien Notes | 1.25 Lien Notes to Subordinated Notes                
Debt Instrument [Line Items]                
Debt converted   $ 80,000,000.0            
Debt conversion, amount   80,000,000.0            
Subordinated Notes                
Debt Instrument [Line Items]                
Stated amount of borrowing   $ 80,000,000.0 $ 80,000,000.0          
Subordinated Notes | Subordinated debt                
Debt Instrument [Line Items]                
Stated interest rate   10.00%            
First Lien Agreement                
Debt Instrument [Line Items]                
Repayment of debt   $ 125,500,000       125,468,000 0  
Restricted cash - Note 6   3,300,000            
First Lien Agreement | Alternative Base Rate Canada                
Debt Instrument [Line Items]                
Basis spread on variable rate         7.50%      
Promissory Note                
Debt Instrument [Line Items]                
Repayment of debt   $ 6,900,000       $ 6,914,000 $ 0  
[1] Retroactively restated for the reverse recapitalization as described in Note 2 - Summary of Significant Accounting Policies.