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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative instruments, future settlement
At December 31, 2017, the Company had the following provisionally priced sales that settle as follows:
In thousands except average prices and notional ounces
2018
 
Thereafter
 
 
 
 
Provisional silver sales contracts
$
383

 
$
—

Average silver price
$
16.61

 
$
—

Notional ounces
23,065

 
—

 
 
 
 
Provisional gold sales contracts
$
53,214

 
$
—

Average gold price
$
1,283

 
$
—

Notional ounces
41,476

 
—
Fair value of the derivative instruments
The following summarizes the classification of the fair value of the derivative instruments:
 
December 31, 2017
In thousands
Prepaid expenses and other
 
Accrued liabilities and other
 
Current portion of royalty obligation
 
Non-current portion of royalty obligation
Provisional silver and gold sales contracts
$
251

 
$
222

 
$
—

 
$
—

 
December 31, 2016
In thousands
Prepaid expenses and other
 
Accrued liabilities and other
 
Current portion of royalty obligation
 
Non-current portion of royalty obligation
Provisional silver and gold sales contracts
$
—

 
$
762

 
$
—

 
$
—
Gain losses on derivative instruments
The following represent mark-to-market gains (losses) on derivative instruments for the years ended December 31, 2017, 2016, and 2015, respectively (in thousands):
 
 
Year ended December 31,
Financial statement line
Derivative
2017
 
2016
 
2015
Revenue
Provisional silver and gold sales contracts
$
631

 
$
(239
)
 
$
214

Fair value adjustments, net
Palmarejo gold production royalty
—

 
(5,866
)
 
3,101

Fair value adjustments, net
Silver and gold options
—

 
(1,582
)
 
1,283

 
 
$
631

 
$
(7,687
)
 
$
4,598