0000917225-15-000007.txt : 20150514 0000917225-15-000007.hdr.sgml : 20150514 20150513195336 ACCESSION NUMBER: 0000917225-15-000007 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 10 CONFORMED PERIOD OF REPORT: 20150331 FILED AS OF DATE: 20150514 DATE AS OF CHANGE: 20150513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SOLITARIO EXPLORATION & ROYALTY CORP. CENTRAL INDEX KEY: 0000917225 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 841285791 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-32978 FILM NUMBER: 15859932 BUSINESS ADDRESS: STREET 1: 4251 KIPLING STREET STREET 2: SUITE 390 CITY: WHEAT RIDGE STATE: CO ZIP: 80033 BUSINESS PHONE: 3035341030 MAIL ADDRESS: STREET 1: 4251 KIPLING STREET STREET 2: SUITE 390 CITY: WHEAT RIDGE STATE: CO ZIP: 80033 FORMER COMPANY: FORMER CONFORMED NAME: SOLITARIO RESOURCES CORP DATE OF NAME CHANGE: 20000711 10-Q 1 frmqfirst.htm

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2015

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number. 001-39278

SOLITARIO EXPLORATION & ROYALTY CORP.

(Exact name of registrant as specified in its charter)

Colorado
(State or other jurisdiction of incorporation or organization)
4251 Kipling St. Suite 390, Wheat Ridge, CO
(Address of principal executive offices)
(303) 534-1030
(Registrant's telephone number, including area code)

84-1285791
(I.R.S. Employer Identification No.
80033
(Zip Code)

Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

YES ☒

NO ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every

Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

YES ☒

NO ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐

Accelerated filer ☐

Non-accelerated filer
(do not check if a smaller
reporting company) ☐

Smaller reporting company ☒

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

YES ☐

NO ☒

There were 39,247,689 shares of $0.01 par value common stock outstanding as of May 13, 2015.

TABLE OF CONTENTS

PART 1 - FINANCIAL INFORMATION			Page

Item 1 Financial Statements			3

Item 2 Management's Discussion and Analysis of Financial
Condition and Results of Operations			17

Item 3 Quantitative and Qualitative Disclosures About Market Risk			23

Item 4 Controls and Procedures			23

PART II - OTHER INFORMATION

Item 1 Legal Proceedings			23

Item 1A Risk Factors			23

Item 2 Unregistered Sales of Equity Securities and Use of Proceeds			23

Item 3 Defaults Upon Senior Securities			23

Item 4 Mine Safety Disclosures			24

Item 5 Other Information			24

Item 6 Exhibits			24

SIGNATURES			25

PART I - FINANCIAL INFORMATION

Item 1. Financial Statements

SOLITARIO EXPLORATION & ROYALTY CORP.

CONSOLIDATED BALANCE SHEETS

(in thousands of U.S. dollars,	March 31,			December 31,
except share and per share amounts)	2015			2014
	(unaudited)
Assets
Current assets:
Cash and cash equivalents	$	329		$	869
Investments in marketable equity securities, at fair value		1,710			2,308
Prepaid expenses and other		32			40
Total current assets		2,071			3,217

Mineral properties		14,987			14,660
Other assets		1,108			1,163
Total assets	$	18,166		$	19,040

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable	$	354		$	343
Current portion long-term debt, net of discount		4,915			4,861
Other		2			—
Total current liabilities		5,271			5,204

Deferred gain on sale of mineral property		7,000			7,000
Warrant liability		6			55

Commitments and contingencies
Equity:
Shareholders’ equity:
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2015 and December 31, 2014)		—			—
Common stock, $0.01 par value, authorized 100,000,000 shares (39,247,689 shares issued and outstanding at March 31, 2015 and December 31, 2014)		393			393
Additional paid-in capital		54,669			54,512
Accumulated deficit		(47,013	)		(46,563	)
Accumulated other comprehensive loss		(1,718	)		(1,120	)
Total Solitario shareholders’ equity		6,331			7,222
Noncontrolling interest		(442	)		(441	)
Total shareholders’ equity		5,889			6,781
Total liabilities and shareholders’ equity	$	18,166		$	19,040

See Notes to Unaudited Condensed Consolidated Financial Statements

Table of Contents

SOLITARIO EXPLORATION & ROYALTY CORP.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Unaudited)

(in thousands of U.S. dollars)	Three months ended March 31
	2015			2014
Costs, expenses and other:
Exploration expense	$	25		$	48
Depreciation and amortization		3			3
General and administrative		554			531
Gain on derivative instruments		(82	)		(32	)
Total costs, expenses and other		500			550
Other income (expense)
Gain on sale of marketable equity securities		—			300
Gain (loss) on warrant liability		49			(260	)
Net loss of equity method investment		—			(125	)
Total other income (expense)		49			(85	)
Loss before income tax		(451	)		(635	)
Income tax benefit		—			100
Net loss		(451	)		(535	)
Less net loss attributable to noncontrolling interest		1			3
Net loss attributable to Solitario shareholders	$	(450	)	$	(532	)
Loss per common share attributable to Solitario shareholders:
Basic and diluted	$	(0.01	)	$	(0.01	)
Weighted average shares outstanding:
Basic and diluted		39,248			38,130

See Notes to Unaudited Condensed Consolidated Financial Statements

Table of Contents

SOLITARIO EXPLORATION & ROYALTY CORP.

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(Unaudited)

(in thousands of U.S. dollars)	Three months ended March 31
	2015			2014
Net loss attributable to Solitario shareholders, before other comprehensive loss	$	(450	)	$	(535	)
Other comprehensive income (loss)
Unrealized income (loss) on marketable equity securities, net of deferred taxes		(598	)		186
Comprehensive loss		(1,048	)		(349	)
Loss (income) attributable to noncontrolling interests		1			3
Comprehensive loss attributable to Solitario shareholders	$	(1,047	)	$	(346	)

See Notes to Unaudited Condensed Consolidated Financial Statements

Table of Contents

SOLITARIO EXPLORATION & ROYALTY CORP.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Unaudited)

(in thousands of U.S. dollars)	Three months ended March 31,
	2015			2014
Operating activities:
Net loss	$	(451	)	$	(535	)
Adjustments to reconcile net loss to net cash used in operating activities:
Unrealized gain on derivative instruments		(82	)		(32	)
Depreciation and amortization		3			3
Loss on equity method investment		—			125
(Gain) loss on warrant liability		(49	)		260
Employee stock option expense		157			56
Deferred income tax benefit		—			(100	)
Gain on equity security sales		—			(300	)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		8			69
Accounts payable and other current liabilities		11			(34	)
Net cash used in operating activities		(403	)		(488	)
Investing activities:
Additions to mineral properties		(222	)		(535	)
Sale of derivative instruments		84			36
Proceeds from sale of marketable equity securities		—			350
Other assets, net		1			11
Net cash used in investing activities		(137	)		(138	)
Financing activities:
Proceeds from issuance of common stock		—			1,630
Short-term borrowing (net)		—			(802	)
Payment to noncontrolling interest		—			(250	)
Net cash provided by financing activities		—			578

Net decrease in cash and cash equivalents		(540	)		(48	)
Cash and cash equivalents, beginning of period		869			2,092
Cash and cash equivalents, end of period	$	329		$	2,044

Supplemental disclosure of cash flow information:
Cash paid for interest, capitalized to mineral property	$	66		$	50

Supplemental disclosure of non-cash activities:
Capitalized non-cash interest	$	103		$	103
Issuance of stock to noncontrolling interest	$	—		$	75
Issuance of stock to settle severance liability	$	—		$	45

See Notes to Unaudited Condensed Consolidated Financial Statements

Table of Contents

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

1. Business and Significant Accounting Policies

Business and company formation

Solitario Exploration & Royalty Corp. (“Solitario” or the “Company”) is a development stage company at March 31, 2015 under Industry Guide 7, as issued by the United States Securities and Exchange Commission (“SEC”), with a current focus on the Mt. Hamilton gold project located in Nevada. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the "TSX") through its Initial Public Offering. Solitario has been actively involved in mineral exploration since 1993. In December 2010 Solitario signed the Limited Liability Company Operating Agreement of Mt. Hamilton LLC (the “MH Agreement”) with DHI Minerals (U.S.) Ltd., (“DHI”) and formed Mt. Hamilton LLC (“MH-LLC”), the owner of the Mt. Hamilton project. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (“Ely”). Solitario may either develop the Mt. Hamilton project or otherwise enter into an arrangement to monetize its interest in the project through a sale of all or a part of that interest or other joint venture type of arrangement. However, Solitario has never developed a mineral property and the development of the Mt. Hamilton project would require a significant amount of outside capital.

In addition Solitario focuses on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. Solitario acquires and holds a portfolio of exploration properties for future sale or joint venture or to create a royalty prior to the establishment of proven and probable reserves. Solitario has recorded revenue in the past from the sale of mineral property and joint venture property payments and the sale of a royalty on its Mt. Hamilton property. Revenues from the sale or joint venture of properties have not been a significant source of revenue and would occur, if at all, on an infrequent basis in the future.

The accompanying interim condensed consolidated financial statements of Solitario for the three March 31, 2015 and 2014 are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America. They do not include all disclosures required by generally accepted accounting principles for annual financial statements, but in the opinion of management, include all adjustments, consisting only of normal recurring items, necessary for a fair presentation. Interim results are not necessarily indicative of results, which may be achieved in the future or for the full year ending December 31, 2015.

These financial statements should be read in conjunction with the financial statements and notes thereto which are included in Solitario’s Annual Report on Form 10-K for the year ended December 31, 2014. The accounting policies set forth in those annual financial statements are the same as the accounting policies utilized in the preparation of these financial statements, except as modified for appropriate interim financial statement presentation.

Basis of Presentation

The accompanying financial statements have been prepared assuming Solitario will continue as a going concern. As of March 31, 2015 Solitario has a working capital deficit of $3,200,000. As explained in more detail in Note 4, “Short-term Debt,” Solitario entered into a facility agreement (the “Facility Agreement”) with RMB Australia Holdings Limited (“RMBAH”) and RMB Resources, Inc., a Delaware corporation (“RMBR”) whereby Solitario has borrowed $5,000,000 from RMBAH (with any amounts outstanding collectively being the “RMB Loan”). The RMB Loan is due on August 20, 2015. Solitario currently does not have sufficient liquidity to repay the RMB Loan when due raising substantial doubt about its ability to continue as a going concern. Management is currently in discussions to refinance the RMB Loan or raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that Solitario will be able to refinance the RMB Loan or raise sufficient funds on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, Solitario will be in default if it is unable to repay the RMB loan when it is due on August 20, 2015. Should Solitario be in default, RMBAH has, among other rights, the right to foreclose on its security interest in certain assets of Solitario to satisfy its obligation.

Table of Contents

Financial reporting

The consolidated financial statements include the accounts of Solitario and its wholly-owned subsidiaries, controlled non-wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), and are expressed in US dollars.

Revenue recognition

Solitario records delay rental payments as revenue in the period received. Any payments received for the sale of property interests are recorded as a reduction of the related property's capitalized cost. Proceeds which exceed the capitalized cost of the property without reserves are recognized as revenue. Payments received on the sale of properties with reserves are recognized as revenue to the extent the proceeds exceed the proportionate basis in the assets sold. Gain on the sale of a mineral property revenue stream is deferred to the extent there is a guarantee for the future revenue stream until such time as the potential funding obligation for the guarantee is reduced or released.

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of mineral properties, with significant emphasis on Mt. Hamilton and the recoverability of its investment as well as the recoverability of mineral exploration properties and their future exploration potential; (ii) the fair value of Solitario's stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; (iv) the current portion of Solitario's investment in marketable equity securities; (v) the fair value of Solitario’s liability for warrants Solitario issued to RMBAH upon entering into the Facility Agreement

In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable ore reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.

Cash equivalents

Cash equivalents include investments in highly liquid money-market securities with original maturities of three months or less when purchased. As of March 31, 2015 and December 31, 2014 Solitario had concentrations of cash and cash equivalents in excess of federally insured amounts and cash in foreign banks, which are not covered under the federal deposit insurance rules for the United States.

Mineral properties

Solitario expenses all exploration costs incurred on its mineral properties prior to the establishment of proven and probable reserves through the completion of a feasibility study. Initial acquisition costs of its mineral properties are capitalized. Solitario began capitalizing all of its development expenditures on its Mt. Hamilton project, subsequent to the completion of a feasibility study in 2012. Solitario regularly performs evaluations of its investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable, utilizing established guidelines based upon undiscounted future net cash flows from the asset or upon the determination that certain exploration properties do not have sufficient potential for economic mineralization.

Table of Contents

Derivative instruments

Solitario accounts for its derivative instruments in accordance with ASC 815 "Accounting for Derivative Instruments and Hedging Activities" (“ASC 815”). Solitario has not designated its covered calls as hedging instruments and any changes in the fair value of the covered calls and the RMB Warrants are recognized in the statement of operations in the period of the change.

Fair value

FASB ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”) establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. For certain of Solitario's financial instruments, including cash and cash equivalents, short-term margin loans and accounts payable, the carrying amounts approximate fair value due to their short-term maturities. Solitario's marketable equity securities and the Kinross Gold Corporation (“Kinross”) calls are carried at their estimated fair value based on quoted market prices. See Note 7, “Fair Value” below.

Marketable equity securities

Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. Solitario records investments in marketable equity securities as available-for-sale for investments in publicly traded marketable equity securities for which it does not exercise significant control and where Solitario has no representation on the Board of those companies and exercises no control over the management of those companies. The cost of marketable equity securities sold is determined by the specific identification method. Changes fair values are recorded in accumulated other comprehensive income within shareholders' equity, unless a decline in fair value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statements of operations.

Foreign exchange

The United States dollar is the functional currency for all of Solitario's foreign subsidiaries. Although Solitario's South American exploration activities have been conducted primarily in Brazil, Peru and Mexico, a portion of the payments under the land, leasehold and exploration agreements of Solitario are denominated in United States dollars. Foreign currency gains and losses are included in the results of operations in the period in which they occur.

Income taxes

Solitario accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes.” Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Accounting for uncertainty in income taxes

ASC 740 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 provides that a company's tax position will be considered settled if the taxing authority has completed its examination, the company does not plan to appeal, and it is remote that the taxing authority would reexamine the tax position in the future. These provisions of ASC 740 had no effect on Solitario's financial position or results of operations. See Note 8, “Income Taxes” below.

Table of Contents

Earnings per share

The calculation of basic and diluted loss per share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2015 and 2014. Potentially dilutive shares related to outstanding common stock options of 3,748,000 and 2,022,000 for the three months March 31, 2015 and 2014, respectively, and warrants issued to RMBAH to acquire 1,624,748 shares of common stock for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted loss per share because the effects were anti-dilutive.

Employee stock compensation and incentive plans

Solitario classifies all of its stock options as equity options in accordance with the provisions of ASC 718 “Compensation – Stock Compensation”

Recent accounting pronouncements

In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements—Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. The standard requires an entity's management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued. Public entities are required to apply the standard for annual reporting periods ending after December 15, 2016, and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to impact the Company’s consolidated financial position, results of operations, or cash flows. If any event occurs in future periods that could affect the Company’s ability to continue as going concern, the Company will provide appropriate disclosures as required by ASU 2014-15.

2. Mineral Property

The following table details Solitario’s investment in Mineral Property:

(in thousands)	March 31,	December 31,
	2015	2014
Development (United States)
Mt. Hamilton	$14,968	$14,641
Exploration
La Promesa (Peru)	5	5
Norcan (Mexico)	6	6
Aconchi (Mexico)	5	5
Canta Colorado (Peru)	3	3
Total exploration	19	19
Total mineral property	$14,987	$14,660

Mt. Hamilton

On February 22, 2012, Solitario earned an 80% interest in MH-LLC as a result of the completion of a feasibility study on the Mt. Hamilton project (the “Feasibility Study”) prepared by SRK Consulting (US), Inc. of Lakewood, Colorado (“SRK”). In October 2014, SRK, on behalf of Solitario completed an updated feasibility study on the Mt. Hamilton project (the “Updated Feasibility Study”).

Solitario intends to monetize its interest in the Mt. Hamilton project, either through the sale of all or part of its interest in the project or through development of the project. Development of the project is subject to a number of factors including obtaining all necessary permits and availability of required capital, none of which is currently in place.

Capitalized costs

Solitario began capitalizing its development costs incurred at its Mt. Hamilton project subsequent to the completion of the Feasibility Study, as detailed in the following table:

Table of Contents

(in thousands)	Three months ended March 31,
	2015	2014
Development expenditures	$156	$ 485
Capitalized interest	169	153
Capitalized depreciation	2	8
Total capitalized costs	$ 327	$ 646

All exploration costs on our other exploration properties, none of which have proven and probable reserves, including any additional costs incurred for subsequent lease payments or exploration activities related to our projects are expensed as incurred.

Discontinued projects

Solitario did not record any mineral property write-downs during the three months ended March 31, 2015 or 2014.

Exploration expense

The following items comprised exploration expense:

(in thousands)	Three months ended March 31,
	2015		2014
Geologic and field expenses	$	18	$	26
Administrative		7		22
Total exploration costs	$	25	$	48

3. Marketable equity securities

Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. The cost of marketable equity securities sold is determined by the specific identification method. Changes in market value are recorded in accumulated other comprehensive income or loss within shareholders' equity, unless a decline in market value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statement of operations.

The following tables summarize Solitario’s marketable equity securities and accumulated other comprehensive income related to its marketable equity securities:

(in thousands)	March 31, 2015			December 31, 2014
Marketable equity securities at fair value	$	1,710		$	2,308
Cost		1,869			1,869
Accumulated other comprehensive (loss) income for unrealized holding gains		(159	)		439
Deferred taxes on accumulated other comprehensive income for unrealized holding gains		(1,559	)		(1,559	)
Accumulated other comprehensive income	$	(1,718	)	$	(1,120	)

The following table represents changes in marketable equity securities.

(in thousands)	Three months ended March 31,
	2015			2014
Gross cash proceeds	$	—		$	350
Cost		—			50
Gross gain on sale included in earnings during the period		—			300
Deferred taxes on gross gain on sale included in earnings		—			(105	)
Valuation allowance on deferred taxes on gross gain on sale included in earnings		—			105
Reclassification adjustment to unrealized gain in other comprehensive income for net gains included in earnings		—			(300	)
Gross unrealized holding (loss) gain arising during the period included in other comprehensive loss		(598	)		586
Deferred taxes on unrealized holding (loss) gain included in other comprehensive loss		207			(204	)
Valuation allowance on deferred taxes on unrealized holding losses included in other comprehensive loss		(207	)		104
Net unrealized holding (loss) gain		(598	)		486
Other comprehensive (loss) income from marketable equity securities	$	(598	)	$	186

Table of Contents

4. Other Assets

The following items comprised other assets:

(in thousands)	March 31,		December 31,
	2015		2014
Deferred offering costs RMB Loan	$	77	$	126
Accumulated Mt. Hamilton advance royalty payments		900		900
Furniture and Fixtures, net of accumulated depreciation		58		63
Exploration bonds and other assets		73		74
Total other assets	$	1,108	$	1,163

In connection with the RMB Loan, Solitario recorded deferred offering costs that are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. See Note 5, “Short-term debt,” below.

5. Short-term Debt

RMB Facility Agreement

On August 10, 2012, Solitario entered into the Facility Agreement and has borrowed $5,000,000 from RMBAH under the RMB Loan. In connection with the Facility Agreement, Solitario recorded a warrant discount related to the RMB Warrants (defined below). Solitario also recorded deferred offering costs related to the RMB Loan. The warrant discount and deferred offering costs are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. The RMB Loan amounts bear interest at the 90-day LIBOR rate plus 5%, payable in arrears on the last day of each quarterly interest period. The RMB Loan interest rate was 5.28% at March 31, 2015. The RMB Loan may be repaid at any time without penalty. Any amounts repaid may not be redrawn under the Facility Agreement. The RMB Loan is secured by a lien on Solitario’s 80% interest in MH-LLC as well as a general security interest in Solitario’s remaining assets.

The following table summarizes the RMB Loan:

	RMB		RMB			RMB
(in thousands)	Loan borrowing		Warrant discount			Long-term Debt
Beginning balance December 31, 2014	$	5,000	$	(139	)	$	4,861
Amortization of discount to interest cost		—		54			54
Ending balance March 31, 2015	$	5,000	$	(85	)		4,915

UBS Short-term credit line

During the three months ended March 31, 2014 Solitario had a secured credit line agreement with UBS Bank, USA (“UBS”), which was secured by all of Solitario’s assets held in its UBS brokerage account. The UBS secured line of credit of $802,000 was paid off during the three months ended March 31, 2014.

Table of Contents

Solitario recorded the following interest cost related to outstanding short-term debt:

(in thousands)	Three months ended March 31,
	2015		2014
RMB Loan interest
Interest paid in cash	$	66	$	46
Amortization of the RMB Warrants discount		54		54
Amortization of RMB deferred financing costs		49		49
Total interest expense related to the RMB Loan		169		149
UBS secured credit line		—		4
Total	$	169	$	153

During the three months ended March 31, 2015 and 2014, Solitario capitalized all of its interest to mineral property. See Note 2, “Mineral property,” above.

6. Derivative instruments

RMB Warrants

In August 2012, pursuant to the Facility Agreement, the Company issued 1,624,748 warrants to RMBAH (the “RMB Warrants”) as partial consideration for financing services provided in connection with the Facility Agreement. Each RMB Warrant entitles the holder to purchase one share of Solitario common stock pursuant to the terms and conditions of the RMB Warrants. The RMB Warrants expire 36 months from their date of issuance and have an exercise price of $1.5387 per share, subject to customary anti-dilution adjustments. Solitario recorded a warrant discount, which it is amortizing on a straight-line basis. See Note 5, short-term debt, above.

Solitario has recorded a liability as of March 31, 2015 and December 31, 2014 of $6,000 and $55,000, respectively, for the fair value of the RMB Warrants based upon a Black-Scholes model. Solitario adjusts the fair value of the warrants at each balance sheet date, with changes in value recorded in other income (loss) in the statement of operations. Solitario recorded a gain on the RMB Warrants of $49,000 during the three months ended March 31, 2015 and a loss on the RMB Warrants of $260,000 during the three months ended March 31, 2014.

Covered Call Options

From time to time Solitario has sold covered call options against its holdings of Kinross. The business purpose of selling covered calls is to provide additional liquidity on a limited portion of shares of Kinross that Solitario may sell in the near term, which is generally defined as less than one year. Solitario has not designated its covered calls as hedging instruments and records gains or loss on the covered call in the period of the change.

Solitario recorded the following gain loss on derivative instruments related to Kinross calls:

(in thousands)	Three months ended March 31,
	2015		2014
Shares of Kinross		180		130

Proceeds from sale of call	$	84	$	36
Gain on derivative instrument		82		29
Ending liability balance	$	2	$	7

7. Fair value

For certain of Solitario’s financial instruments, including cash and cash equivalents, payables and short-term debt, the carrying amounts approximate fair value due to their short term maturities. Solitario’s marketable equity securities are carried at their estimated fair value primarily based on quoted market prices. The RMB Warrants are carried at their estimated fair value based on a Black-Scholes option pricing model.

Table of Contents

Solitario accounts for its financial instruments under ASC 820, "Fair Value Measurements." ASC 820 establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows:

Level 1: quoted prices in active markets for identical assets or liabilities;

Level 2: quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or

Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. During the three months ended March 31, 2015 there were no reclassifications in financial assets or liabilities between Level 1, 2 or 3 categories.

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of March 31, 2015:

(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Marketable equity securities	$	1,710	$	—	$	—	$	1,710
Liabilities
RMB warrants		—		6		—		6
Kinross calls		2						2

(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Marketable equity securities	$	2,308	$	—	$	—	$	2,308
Liabilities
RMB warrants		—		55		—		55

8. Income Taxes

At March 31, 2015 and December 31, 2014, primarily as a result of the its net operating loss carry-forwards exceeding the built-in-gain in the value of Solitario's holdings of Kinross common stock recognized as other comprehensive income, Solitario has recorded a valuation allowance equal to the built-in gain on the value of its holdings of Kinross common stock.

Table of Contents

During the three months ended March 31, 2015, Solitario recorded no deferred tax benefit as result of the valuation allowance discussed above. During the three months ended March 31, 2014, Solitario recorded a $100,000 deferred tax benefit in the statement of operations related to the release of valuation allowance for the deferred taxes expense of $100,000 in other comprehensive income related to net unrealized gains of $286,000 on marketable equity securities.

9. Employee stock compensation plans

Solitario’s outstanding options on the date of grant have a five year term, and vest 25% on date of grant and 25% on each of the next three anniversary dates. Solitario recognizes stock option compensation expense on the date of grant for 25% of the grant date fair value, and subsequently, based upon a straight line amortization of the unvested grant date fair value of each of its outstanding options. During the three months ended March 31, 2015 and 2014, Solitario recorded $157,000 and $56,000, respectively, of stock option expense for the amortization of grant date fair value with a credit to additional paid-in-capital.

The 2006 Plan

On June 27, 2006 Solitario’s shareholders approved the 2006 Stock Option Incentive Plan (the “2006 Plan”). Under the terms of the 2006 Plan, the Board of Directors may grant up to 2,800,000 options to Directors, officers and employees with exercise prices equal to the market price of Solitario’s common stock at the date of grant.

There were no new options granted during the three months ended March 31, 2015 and 2014 under the 2006 Plan. No options were exercised during the three months ended March 31, 2015 or 2014.

The 2013 Plan

On June 18, 2013 Solitario’s shareholders approved the 2013 Solitario Exploration & Royalty Corp. Omnibus Stock and Incentive Plan (the “2013 Plan”). Under the terms of the 2013 Plan, the Board of Directors may grant awards for up to 1,750,000 shares to directors, officers, employees and consultants. Such awards may take the form of stock options, stock appreciation rights, restricted stock, and restricted stock units. The terms and conditions of the awards are pursuant to the 2013 Plan and are granted by the Board of Directors or a committee appointed by the Board of Directors.

There were no stock awards or exercises of options under the 2013 plan during the three months ended March 31, 2015. During the three months ended March 31, 2014, Solitario granted restricted stock units from the 2013 Plan for a total of 50,562 shares, which were vested upon grant to two employees as part of their severance pay upon the employees’ termination from the Company. There were no other stock awards or exercises of options under the 2013 Plan during the three months ended March 31, 2014.

10. Shareholders’ Equity, comprehensive loss and noncontrolling interest

(in thousands, except										Accumulated			Total
Share amounts)	Common		Common		Additional					Other			Solitario			Non-			Total
	Stock		Stock		Paid-in		Accumulated			Comprehensive			Shareholder			Controlling			Shareholders’
	Shares		Amount		Capital		Deficit			Loss			Equity			Interest			Equity
Balance at December 31, 2014		39,247,689	$	393	$	54,512	$	(46,563	)	$	(1,120	)	$	7,222		$	(441	)	$	6,781

Stock option expense		—		—		157		—			—			157			—			157
Net loss		—		—		—		(450	)		—			(450	)		(1	)		(451	)
Net unrealized gain on marketable equity securities		—		—		—		—			(598	)		(598	)		—			(598	)
Balance at March 31, 2015		39,247,689	$	393	$	54,669	$	(47,013	)	$	(1,718	)	$	6,331		$	(442	)	$	5,889

11. Segment Reporting

Solitario operates in two segments, (i) mineral exploration and (ii) mining development and operations. Solitario is capitalizing Mt. Hamilton development and operations costs subsequent to February 22, 2012, as detailed above in Note 2, “Mineral properties.” The following summarizes Solitario segment activity for the three months ended March 31, 2015 and 2014:

Table of Contents

(in thousands)	Three months ended March 31, 2015
	Mt Hamilton		Exploration		Corporate and Other		Consolidated
Exploration expense	$	—	$	25	$	—	$	25
Interest expense (1)		—		—		—		—
Other		—		10		416		426
Pre-tax loss	$	—	$	35	$	416	$	451
Total assets (2)	$	16,257	$	54	$	1,856	$	18,167
Capital Expenditures	$	327	$	—	$	—	$	327

(1)

Interest cost of $169 and depreciation of $2 have been capitalized to Mt. Hamilton mineral properties.

(2)

Corporate and other total assets include investment in marketable equity securities of $1,710.

(in thousands)	Three months ended March 31, 2014
		Mt Hamilton		Exploration		Corporate and Other		Consolidated
Exploration expense	$	—	$	48	$	—	$	48
Interest expense (4)		—		—		—		—
Other (3)		—		135		452		587
Pre-tax loss	$	—	$	183	$	452	$	635
Total assets (5)(6)	$	15,009	$	346	$	4,715	$	20,070
Capital Expenditures (4)	$	646	$	—	$	—	$	646

(3)

Exploration other includes loss on unconsolidated subsidiary of $125.

(4)

Interest cost of $153 and depreciation of $8 have been capitalized to Mt. Hamilton mineral properties.

(5)

Exploration total assets include investment in unconsolidated subsidiary of $28.

(6)

Corporate and other total assets include investment in marketable equity securities of $4,210.

Table of Contents

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

The following discussion should be read in conjunction with the information contained in the consolidated financial statements of Solitario for the years ended December 31, 2014 and 2013, and Management’s Discussion and Analysis of Financial Condition and Results of Operations contained in Solitario’s Annual Report on Form 10-K for the year ended December 31, 2014. Solitario's financial condition and results of operations are not necessarily indicative of what may be expected in future periods. Unless otherwise indicated, all references to dollars are to U.S. dollars.

(a) Business Overview and Summary

We are a development stage company with a focus on the development of the Mt. Hamilton project, the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. We have an 80% interest in the Mt. Hamilton project and may attempt to develop the Mt. Hamilton project, subject to a number of factors including obtaining all necessary permits and availability of required capital, none of which is currently in place. We may also explore other manners to monetize our interest in the Mt. Hamilton project, including divesting all or a portion of our interest in the project. In addition, we acquire and hold a portfolio of exploration properties for future sale, joint venture or to create a royalty prior to the establishment of proven and probable reserves. Although our mineral properties may be developed in the future by us, through a joint venture or by a third party, we have never developed a mineral property.

The accompanying financial statements have been prepared assuming we will continue as a going concern. As of March 31, 2015 we have a working capital deficit of $3,200,000. As explained in more detail in Note 4, “Short-term Debt,” to the condensed consolidated financial statements above, we entered into the Facility Agreement with RMBAH and RMBR whereby we borrowed $5,000,000 from RMBAH (with any amounts outstanding being previously defined as RMB Loan). The RMB Loan is due in August 2015. We currently do not have sufficient liquidity to repay the RMB Loan when due which raises significant doubt about our ability to continue as a going concern. Our management is currently in discussions to refinance the RMB Loan or to raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that we will be able to raise sufficient funds to refinance the RMB Loan on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, we will be in default if it is unable to repay the RMB Loan when it is due in August 2015. Should we be in default, RMBAH has, among other rights, the right foreclose on its security interest in certain Solitario assets to satisfy its obligation.

(b) Results of Operations

Comparison of the quarter ended March 31, 2015 to the quarter ended March 31, 2014

We had a net loss attributable to Solitario shareholders of $450,000 or $0.01 per basic and diluted share for the three months ended March 31, 2015 compared to $532,000 or $0.01 per basic and diluted share for the three months ended March 31, 2014. As explained in more detail below, the primary reason for the decrease in the loss in the three months ended March 31, 2015 compared to the loss in the first three months of 2014 was (i) elimination of the net loss of equity method investment to during the three months ended March 31, 2015 compared to a loss of $125,000 during the three months ended March 31, 2014, (ii) a reduction in our exploration expense during the three months ended March 31, 2015 to $25,000 compared to exploration expense of $48,000 during the three months ended March 31, 2014, (iii) a gain on warrant liability of $49,000 during the three months ended March 31, 2015 compared to a loss on warrant liability of $260,000 during the three months ended March 31, 2014 and (iv) an increase in the gain on derivative instruments to $85,000 during the three months ended March 31, 2015 compared to a gain on derivative instruments of $32,000 during the three months ended March 31, 2014. These were partially offset by (i) no sales of marketable equity securities during the three months ended March 31, 2015 compared to a gain of $300,000 during the three months ended March 31, 2014, (ii) an increase in our general and administrative expenses to $554,000 during the three months ended March 31, 2015 compared to $531,000 during the three months ended March 31, 2014, and (iii) no tax benefit recorded during the three months ended March 31, 2015 compared to and income tax benefit of $100,000 during the three months ended March 31, 2014 for the release of a portion of the valuation allowance on our other comprehensive income during the three months ended March 31, 2014. Each of these items is discussed in more detail below.

Table of Contents

Our net exploration expense decreased to $25,000 during the three months ended March 31, 2015 compared to exploration expense of $48,000 during the three months ended March 31, 2014. We further reduced our exploration activities in Peru and Mexico during three months ended March 31, 2015, and have only one contract geologist in each of Peru and Mexico, performing limited exploration activity including care and maintenance of our existing exploration projects. We have no exploration costs related to Mt. Hamilton as all of our activities are development related. During the three months ended March 31, 2015 and 2014 we capitalized $156,000 and $485,000, respectively, of development costs at our Mt. Hamilton project and we capitalized 2,000 and $8,000, respectively of depreciation to Mt. Hamilton during the three months ended March 31, 2015 and 2014. We anticipate continuing to capitalize development costs at our Mt. Hamilton project including permitting-related costs. Until the completion of the development of our Mt. Hamilton project, we anticipate our future exploration activities will remain at a reduced level during the remainder of 2015 and will be comparable to our exploration activities during 2014. Our 2015 budget for the Mt. Hamilton project is approximately $732,000 in expenditures, subject to available financial resources, all of which we anticipate we will capitalize. We also have budgeted approximately $390,000 for leasehold acquisition and earn-in payments for Mt. Hamilton during 2015, which we also anticipate will also be capitalized.

Exploration expense (in thousands) by project for the three months ended March 31, 2015 and 2014 consisted of the following:

	March 31,		March 31,
Project Name	2015		2014
Bongará	$	10	$	—
Pachuca		3		6
Reconnaissance		12		42
Total exploration expense	$	25	$	48

As a result of controlling MH-LLC, we consolidate MH-LLC in our financial statements, however because DHI currently owns a 20% interest in MH-LLC we recorded a noncontrolling interest credit of $1,000 and $3,000, respectively, for DHI’s share of the losses at MH-LLC during the three months ended March 31, 2015 and 2014. Because we capitalize our costs related to the Mt. Hamilton project, the losses at MH-LLC have been a minimal amount of certain administrative, non-development costs with a concurrent reduction in the noncontrolling interest credit. We do not anticipate recording any significant credits for losses attributable to noncontrolling interest for the remainder of 2015.

General and administrative costs, excluding stock option compensation costs discussed below, were $397,000 during the three months ended March 31, 2015 compared to $475,000 during the three months ended March 31, 2014. The major components of these costs were related to (i) salaries and benefit expense during the first three months of 2015 of $239,000 compared to salaries and benefits expense of $215,000 in the same period of 2014; (ii) legal and accounting expenditures of $41,000 in the first three months of 2015 compared to $58,000 in the first three months of 2014; and (iii) travel and shareholder relation costs of $93,000 during the first three months of 2015 compared $176,000 during the first three months of 2014, which were increased during the first three months of 2014 due to additional expense related to a private placement of 1,600,000 shares of our common stock for gross proceeds of $1,680,000.

Solitario recorded stock option expense for the amortization of unvested grant date fair value with a credit to additional paid-in-capital of $157,000 during the three months ended March 31, 2015 compared $56,000 during the three months ended March 31, 2014, which increased as a result of increased vesting of options previously granted during 2014. We anticipate our full year general and administrative costs will be less during 2015 compared to 2014 primarily as a result of reductions in activities in our Latin American exploration operations and planned reductions in other administrative costs.

During the three months ended March 31, 2014 we sold 70,000 shares of Kinross for net proceeds of $350,000 and recorded a gain on sale of $300,000. During the three months ended March 31, 2015 we did not sell any shares of Kinross. We have estimated we will sell all of our remaining 480,000 shares of Kinross during 2015, and we have recorded our 15,732,274 shares of Ely as part of our current assets of marketable equity securities of $1,710,000 at March 31, 2015. See also "Liquidity and Capital Resources," below.

As a result of the classification of the RMB Warrants as a liability in accordance with ASC 815-40, “Derivatives and Hedging, Contracts in Entity’s Own Equity,” we adjust the fair value of the warrants at each balance sheet date, with changes in value recorded in other income/expense in the statement of operations based upon a Black-Scholes model. Solitario recorded a gain on the RMB Warrants of $49,000 for the three months ended March 31, 2015 compared to a loss on the RMB Warrants of $260,000 for the three months ended March 31, 2014. The value of the RMB Warrants is influenced by fluctuations in the price of a share of our common stock, among other things that are beyond our control and may fluctuate significantly in the future.

Table of Contents

We regularly perform evaluations of our mineral property assets to assess the recoverability of our investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable utilizing guidelines based upon future net cash flows from the asset as well as our estimates of the geological potential of early stage mineral property and its related value for future sale, joint venture or development by us or others. During the three months ended March 31, 2015 and 2014, we recorded no property impairments.

At March 31, 2015 and 2014 our net operating loss carry-forwards exceeding our built in gains on marketable equity securities and we are in a net tax asset position and we provide a valuation allowance for all deferred taxes. Accordingly we did not record any income tax benefits related to the tax losses generated during the three months ended March 31, 2015. However during the three months ended March 31, 2014 we recorded $100,000 of deferred tax benefit in the statement of operations for the release of a portion of the valuation allowance against our deferred tax assets on our built-in tax gains in other comprehensive income, related to our net other comprehensive income of $286,000 during the three months ended March 31, 2014. As a result of a portion of development costs at Mt. Hamilton being currently deductible for United States income tax purposes and incurring United States general and administrative costs, we anticipate we will not have currently payable income taxes during 2015. In addition to the valuation allowance discussed above, we provide a valuation allowance for our foreign net operating losses, which are primarily related to our exploration activities in Peru and Mexico. We anticipate we will continue to provide a valuation allowance for these net operating losses until we are in a net tax liability position with regards to those countries where we operate or until it is more likely than not that we will be able to realize those net operating losses in the future.

(d) Liquidity and Capital Resources

Short-term debt

See a summary of our short-term debt in Note 5 “Short-term debt” to the unaudited condensed consolidated financial statements.

RMB Facility Agreement

As of March 31, 2015 and December 31, 2014 we owed $5,000,000 under the RMB Loan. We may not borrow any additional funds under the Facility Agreement. The RMB Loan is due on August 21, 2015 and we currently do not have sufficient liquidity to repay the RMB Loan, as discussed above under “Business Overview and Summary.” During the three months ended March 31, 2015 we paid $66,000 in cash for interest on the RMB Loan. In addition we recorded $49,000 to interest cost for the amortization of deferred offering costs related to the RMB Loan and we recorded $54,000 to interest costs related to the amortization of the RMB Warrants. All of these interest costs were capitalized to mineral property. During the three months ended March 31, 2014 we paid $46,000 in cash for interest on the RMB Loan, we incurred $49,000 in interest cost for the amortization of deferred offering costs related to the RMB Loan and we incurred $54,000 of interest cost related to the warrant discount associated with the RMB Warrants issued in connection with the Facility Agreement. There is no assurance that we will be able to raise sufficient funds to refinance the RMB Loan on acceptable terms. Under the terms of the RMB Loan, we will be in default if it is unable to repay the RMB Loan when it is due in August 2015. Should we be in default, RMBAH has, among other rights, the right foreclose on its security interest in certain Solitario assets to satisfy its obligation.

RMB Warrants

Pursuant to the Facility Agreement, we issued 1,624,748 RMB Warrants to RMBAH as partial consideration for financing services provided in connection with the Facility Agreement. Each RMB Warrant entitles the holder to purchase one share of Solitario common stock pursuant to the terms and conditions of the RMB Warrants. As of March 31, 2015 the RMB Warrants have an estimated fair value of approximately $6,000 based upon a Black-Scholes model and we recorded a gain of $49,000 on the fair value of the RMB Warrants during the three months ended March 31, 2015. We currently do not expect RMBAH to exercise any of these warrants during 2015.

Table of Contents

Investment in Marketable Equity Securities

Our marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon market quotes of the underlying securities. We owned 480,000 shares of Kinross common stock at March 31, 2015. The Kinross shares are recorded at their fair value of $1,075,000 at March 31, 2015. We did not sell any Kinross shares during the three months ended March 31, 2015. As of May 11, 2015 we own 370,000 shares of Kinross with a value of $928,000 based upon the closing price of Kinross of $2.51 per share as quoted on the NYSE. As of May 11, 2015, the price of Kinross common stock was $2.51, which is below our assumed price of $3.00 for 2015 budgeting purposes. Accordingly, we have taken steps to reduce certain administrative expenditures. Any change in the market value of the shares of Kinross common stock could have a material impact on our liquidity and capital resources. The price of shares of Kinross common stock has varied from a high of $3.62 per share to a low of $2.28 per share during the three months ended March 31, 2015.

In addition we own other marketable equity securities with a fair value of $635,000 as of March 31, 2015. Included in these securities are 15,732,274 shares of Ely classified as available for sale and recorded at their fair market value of $622,000 at March 31, 2015. We have classified all of our marketable equity securities as a current asset based upon or plan to sell these securities during the remainder of 2015, pending any refinance of the RMB Loan discussed above. Changes in the fair value of marketable equity securities are recorded as gains and losses in other comprehensive income in shareholders’ equity. We recorded a loss on marketable equity securities in other comprehensive income of $598,000 during the three months ended March 31, 2015.

Working Capital

We had negative working capital of $3,200,000 at March 31, 2015 compared to a negative working capital of $1,987,000 as of December 31, 2014. Our working capital at March 31, 2015 consists primarily of our cash and cash equivalents and our investment in marketable equity securities of $1,710,000, less our accounts payable of $354,000 and the RMB Loan of $4,915,000, discussed above under “RMB Facility Agreement.” We currently do not have sufficient liquidity to repay the RMB Loan when due. There is no assurance that we will be able to raise sufficient funds to refinance the RMB Loan on acceptable terms. Under the terms of the RMB Loan, we will be in default if it is unable to repay the RMB Loan when it is due in August 2015.

Cash and cash equivalents were $329,000 as of March 31, 2015 compared to $869,000 at December 31, 2014. As of March 31, 2015, our cash balances along with our investment in marketable equity securities are not adequate to fund our expected expenditures over the next year, including our planned 2015 development and payment obligations related to MH-LLC and the Mt. Hamilton project. See Note 1, “Basis of Presentation” to the condensed consolidated financial statements for further discussion of our plan to meet our obligations during the coming year.

The nature of the mining business requires significant sources of capital to fund exploration, development and operation of mining projects. We will need additional resources to develop our Mt. Hamilton project or if we choose to develop any of our other mineral deposits on our own. We anticipate that we would finance these activities through the use of joint venture arrangements, the issuance of debt or equity, the sale of interests in our properties or the sale of our shares of Kinross common stock. There can be no assurance that such sources of funds will be available on terms acceptable to us, if at all.

Stock-Based Compensation Plans

During the three months ended March 31, 2015 and 2014 no options were granted or exercised from the 2006 Plan. During the three months ended March 31, 2015 there were no stock awards granted or exercised. During the three months ended March 31, 2015 we granted restricted stock units from the 2013 Plan for a total of 50,562 shares, which were vested upon grant to two employees as part of the severance pay upon the employees’ termination from the company. We recorded a credit to common additional paid-in capital upon the issuance of the shares under the 2013 Plan. There were no other stock awards or exercises of options under the 2013 plan during the three months ended March 31, 2014. Options for 198,000 shares at a price of Cdn$2.40 per share from the 2006 Plan expire on May 15, 2015. None of our remaining outstanding options from the 2006 Plan or the 2013 Plan expire during 2015. We do not anticipate the exercise of options will be a material source of funds during the remainder of 2015.

Table of Contents

Sale of common stock

There were no sales of our common stock during the three months ended March 31, 2015. On February 28, 2014 we sold 1,600,000 shares of our common stock in a private placement for gross proceeds of $1,680,000 (the “Offering”). Solitario retained a placement agent in connection with the portion of the Offering conducted in Canada and paid the placement agent a fee of $50,000 for the sale effected to the single Canadian investor that participated in the 2014 Offering.

(e) Cash Flows

Net cash used in operations during the first three months of 2015 decreased to $403,000 compared to $488,000 for the first three months of 2014 primarily as a result of the reduction in exploration expenses and a reduction non-stock option general and administrative expenses during the first three months of 2015 compared the same period of 2014. Based upon projected expenditures in our 2015 budget, we anticipate continued use of funds from operations through the remainder of 2015. See “Results of Operations” discussed above for further explanation of some of these variances.

We used $137,000 in cash from investing activities during the three months ended March 31, 2015 compared to the use of $138,000 in cash from investing activities during the three months ended March 31, 2014. There was a reduction in the cash investing expenditures on mineral properties in 2015 compared to 2014, primarily related to our Mt. Hamilton project where we completed the updated feasibility study in October 2014 and as of December 31, 2014 we have received the majority of the required permits to begin construction. This reduced the level of permitting and development work at Mt. Hamilton in the first three months of 2015 compared to the same period of 2014, when we were working on both the updated feasibility and obtaining various permits. This decrease in cash used during 2014 was partially offset by a decrease in proceeds from the sale of Kinross stock during the first three months of 2014 of $350,000 compared to the first three months of 2015, when there were no sales of Kinross. Although we anticipate continued capitalization of expenditures at Mt. Hamilton during the remainder of 2015 as discussed above under “Liquidity and Capital Resources,” we expect the amount of capitalized costs during 2015 will be less than the amounts capitalized during 2014, pending the completion of the significant amount of financing necessary for the development of Mt. Hamilton, for which we can provide no assurance that we will complete such financing. See “Liquidity and financial resources” above.

There was no net cash provided from financing activities for the three months ended March 31, 2015 compared to $578,000 for the same period of 2014 when we received the proceeds from the 2014 Offering of $1,630,000 less the repayment of $802,000 of our short-term borrowing and paid the last required payment to the non-controlling partner as part of our earn-in to Mt. Hamilton. We may obtain cash from financing activities during the remainder of 2015 in the form of either debt or equity financing. There can be no assurance that such sources of funds will be available on terms acceptable to us, if at all. See additional discussion of future financing needs above under “Liquidity and Capital Resources.”

(f) Off-balance sheet arrangements

As of March 31, 2015 and December 31, 2014 we have no off-balance sheet obligations.

(g) Development Activities, Exploration Activities, Environmental Compliance and Contractual Obligations

There have been no changes to our development activities, exploration activities, environmental compliance or contractual obligations from those disclosed in our Management’s Discussion and Analysis included in our Annual Report on Form 10-K for the year ended December 31, 2014.

(h) Discontinued Projects

We did not record any mineral property write-downs during the three months ended March 31, 2015 and 2014.

Table of Contents

(i) Critical Accounting Estimates

Management’s Discussion and Analysis of Financial Condition and Results of Operations and Note 1 to the Consolidated Financial Statements included in our Annual Report on Form 10-K for the year ended December 31, 2014, describe the significant accounting estimates and policies used in preparation of our consolidated financial statements. Actual results in these areas could differ from management’s estimates. During the three months ended March 31, 2015, we have not adopted any additional accounting policies.

(j) Related Party Transactions

As of March 31, 2015, and for the three months ended March 31, 2015, we have no related party transactions or balances.

(k) Recent Accounting Pronouncements

There are no recent accounting pronouncements, adopted in the three months ended March 31, 2015 or issued by the FASB during the first three months of 2015 that would have a material impact upon Solitario.

(l) Forward Looking Statements

This Form 10-Q contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to our financial condition, results of operations, business prospects, plans, objectives, goals, strategies, future events, capital expenditures, and exploration and development efforts. Words such as “anticipates,” “expects,” “intends,” “forecasts,” “plans,” “believes,” “seeks,” “estimates,” “may,” “will,” and similar expressions identify forward-looking statements. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements described under the heading "Risk Factors" included in Item 1A of Part I of our Annual Report on Form 10-K for the year ended December 31, 2014. These forward-looking statements appear in a number of places in this report and include statements with respect to, among other things:

Our ability refinance the RMB Loan or to raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan.

Our ability to fund the on-going permitting and development activities at our Mt. Hamilton project and our other projects, or to otherwise execute on a transaction or relationship that allows us to monetize our interest in the Mt. Hamilton project or other on-going assets and projects;

Our estimates of future exploration, development, general and administrative and other costs;

Our estimates of fair value of our investment in shares of Kinross and Ely;

Our expectations regarding development and exploration of our properties, including those subject to joint venture and shareholder agreements;

The impact of political and regulatory developments;

Our future financial condition or results of operations and our future revenues and expenses; and

Our business strategy and other plans and objectives for future operations.

Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that these statements will prove to be accurate as actual results and future events could differ materially from those anticipated in the statements. Except as required by law, we assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Table of Contents

Item 3. Quantitative and Qualitative Disclosures about Market Risk

Smaller Reporting Companies are not required to provide the information required by this item.

Item 4. Controls and Procedures

Disclosure Controls and Procedures

As required by Rule 13a-15 under the Securities Exchange Act of 1934, as amended (the “1934 Act”), as of March 31, 2015, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures. This evaluation was carried out under the supervision and with the participation of our Chief Executive Officer (our principal executive officer) and our Chief Financial Officer (our principal financial officer). Based upon and as of the date of that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of March 31, 2015.

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the 1934 Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed under the 1934 Act is accumulated and communicated to our management, including our principal executive officer and our principal financial officer, as appropriate, to allow timely decisions regarding required disclosure.

Changes in Internal Control Over Financial Reporting

There were no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) promulgated by the SEC under the 1934 Act) during the quarter ended March 31, 2015, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

None

Item 1A. Risk Factors

There are no material changes to the Risk Factors associated with our business disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2014.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

None

Item 3. Defaults upon Senior Securities

None

Table of Contents

Item 4. Mine Safety Disclosures

None

Item 5. Other Information

None

Item 6. Exhibits

The Exhibits to this report are listed in the Exhibit Index

Table of Contents

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

SOLITARIO EXPLORATION & ROYALTY CORP.

May 13, 2015

Date

By:

/s/ James R. Maronick
James R. Maronick
Chief Financial Officer

EXHIBIT INDEX

3.1	Amended and Restated Articles of Incorporation of Solitario Exploration & Royalty Corp., as Amended (incorporated by reference to Exhibit 3.1 to Solitario’s Form 10-Q filed on August 10, 2010)

3.2	Amended and Restated By-laws of Solitario Exploration & Royalty Corp. (incorporated by reference to Exhibit 99.1 to Solitario’s Form 10-K filed on March 22, 2013)

4.1	Form of Common Stock Certificate of Solitario Exploration & Royalty Corp. (incorporated by reference to Exhibit 4.1 to Solitario’s Form 10-Q filed on August 7, 2008)

4.2	Form of Warrant Certificate of Solitario Exploration & Royalty Corp. (incorporated by reference to Exhibit 99.2 to Solitario’s Form 8-K filed on August 16, 2012)

31.1*	Certification of Chief Executive Officer pursuant to SEC Rule 13a-14(a)/15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

31.2*	Certification of Chief Financial Officer pursuant to SEC Rule 13a-14(a)/15d-14(a) as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1*	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C Section 1350 as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

101*	The following financial statements, formatted in XBRL: (i) Consolidated Balance Sheets as of March 31, 2015 and December 31, 2014, (ii) Consolidated Statements of Operations for the three months ended March 31, 2015 and 2014, (iii) Consolidated Statements of Comprehensive Income for the three months ended March 31, 2015 and 2014 (iii) Consolidated Statements of Cash Flows for the three months ended March 31, 2015 and 2015; and (iv) Notes to the Unaudited Consolidated Financial Statements, tagged as blocks of text.

*	Filed herewith

EX-31.1 2 exh311.htm CERTIFICATIONS

Exhibit 31.1

CERTIFICATIONS

I, Christopher E. Herald, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Solitario Exploration & Royalty Corp. for the three months ended March 31, 2015;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) and we have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 13, 2015

By: /s/ Christopher E. Herald
Christopher E. Herald
President and Chief Executive Officer

EX-31.2 3 exh312.htm CERTIFICATIONS

Exhibit 31.2

CERTIFICATIONS

I, James R. Maronick, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Solitario Exploration & Royalty Corp. for the three months ended March 31, 2015;

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: May 13, 2015
By: /s/ James R. Maronick
James R. Maronick
Chief Financial Officer

EX-32 4 exh32.htm CERTIFICATION PURSUANT TO

Exhibit 32

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report of Solitario Exploration & Royalty Corp. (the "Company") on Form 10-Q for the period ended March 31, 2015, as filed with the Securities and Exchange Commission on the date hereof (the "Report"), we, Christopher E. herald, Chief Executive Officer, and James R. Maronick, Chief Financial Officer, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to our knowledge:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934.

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.



/s/Christopher E. Herald	/s/James R. Maronick
Christopher E. Herald	James R. Maronick
Chief Executive Officer	Chief Financial Officer

Dated: May 13, 2015

EX-101.INS 5 xpl-20150331.xml XBRL INSTANCE FILE 0000917225 2015-01-01 2015-03-31 0000917225 2015-05-15 0000917225 2015-03-31 0000917225 2015-08-20 0000917225 2014-01-01 2014-03-31 0000917225 XPL:MtHamiltonMember 2015-01-01 2015-03-31 0000917225 XPL:MtHamiltonMember 2014-01-01 2014-12-31 0000917225 XPL:LaPromesaPeruMember 2015-01-01 2015-03-31 0000917225 XPL:LaPromesaPeruMember 2014-01-01 2014-12-31 0000917225 XPL:NorcanMexicoMember 2015-01-01 2015-03-31 0000917225 XPL:NorcanMexicoMember 2014-01-01 2014-12-31 0000917225 XPL:AconchiMexicoMember 2015-01-01 2015-03-31 0000917225 XPL:AconchiMexicoMember 2014-01-01 2014-12-31 0000917225 XPL:CantaColoradoPeruMember 2015-01-01 2015-03-31 0000917225 XPL:CantaColoradoPeruMember 2014-01-01 2014-12-31 0000917225 2014-01-01 2014-12-31 0000917225 2012-02-22 0000917225 2014-12-31 0000917225 XPL:RMBInterestMember 2015-01-01 2015-03-31 0000917225 XPL:UBSInterestMember 2015-01-01 2015-03-31 0000917225 XPL:RMBInterestMember 2014-01-01 2014-03-31 0000917225 XPL:UBSInterestMember 2014-01-01 2014-03-31 0000917225 2013-12-31 0000917225 2014-03-31 0000917225 2012-08-20 0000917225 XPL:Level1Member 2015-03-31 0000917225 XPL:Level2Member 2015-03-31 0000917225 XPL:Level1Member 2014-12-31 0000917225 XPL:Level2Member 2014-12-31 0000917225 2006-06-27 0000917225 2013-06-18 0000917225 us-gaap:CommonStockMember 2014-12-31 0000917225 us-gaap:CommonStockMember 2015-03-31 0000917225 us-gaap:AdditionalPaidInCapitalMember 2015-01-01 2015-03-31 0000917225 us-gaap:AdditionalPaidInCapitalMember 2014-12-31 0000917225 us-gaap:AdditionalPaidInCapitalMember 2015-03-31 0000917225 us-gaap:RetainedEarningsMember 2015-01-01 2015-03-31 0000917225 us-gaap:RetainedEarningsMember 2014-12-31 0000917225 us-gaap:RetainedEarningsMember 2015-03-31 0000917225 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-01-01 2015-03-31 0000917225 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-12-31 0000917225 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-03-31 0000917225 us-gaap:NoncontrollingInterestMember 2015-01-01 2015-03-31 0000917225 us-gaap:NoncontrollingInterestMember 2014-12-31 0000917225 us-gaap:NoncontrollingInterestMember 2015-03-31 0000917225 XPL:MtHamiltonMember 2015-01-01 2015-03-31 0000917225 XPL:MtHamiltonMember 2014-01-01 2014-03-31 0000917225 XPL:ExplorationMember 2015-01-01 2015-03-31 0000917225 XPL:ExplorationMember 2014-01-01 2014-03-31 0000917225 us-gaap:CorporateAndOtherMember 2015-01-01 2015-03-31 0000917225 us-gaap:CorporateAndOtherMember 2014-01-01 2014-03-31 0000917225 XPL:ConsolidatedMember 2015-01-01 2015-03-31 0000917225 XPL:ConsolidatedMember 2014-01-01 2014-03-31 0000917225 XPL:RMBLoanBorrowingMember 2015-01-01 2015-03-31 0000917225 XPL:RMBWarrantDiscountMember 2015-01-01 2015-03-31 0000917225 XPL:RMBLongTermDebtMember 2015-01-01 2015-03-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure Solitario Exploration & Royalty Corp. 0000917225 10-Q 2015-03-31 false --12-31 No No Yes Smaller Reporting Company Q1 2015 39247689

1.       Business and Significant Accounting Policies   Business and company formation    Solitario Exploration & Royalty Corp. (Solitario or the Company) is a development stage company at March 31, 2015 under Industry Guide 7, as issued by the United States Securities and Exchange Commission (SEC), with a current focus on the Mt. Hamilton gold project located in Nevada. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the "TSX") through its Initial Public Offering. Solitario has been actively involved in mineral exploration since 1993. In December 2010 Solitario signed the Limited Liability Company Operating Agreement of Mt. Hamilton LLC (the MH Agreement) with DHI Minerals (U.S.) Ltd., (DHI) and formed Mt. Hamilton LLC (MH-LLC), the owner of the Mt. Hamilton project. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (Ely). Solitario may either develop the Mt. Hamilton project or otherwise enter into an arrangement to monetize its interest in the project through a sale of all or a part of that interest or other joint venture type of arrangement. However, Solitario has never developed a mineral property and the development of the Mt. Hamilton project would require a significant amount of outside capital.   In addition Solitario focuses on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. Solitario acquires and holds a portfolio of exploration properties for future sale or joint venture or to create a royalty prior to the establishment of proven and probable reserves. Solitario has recorded revenue in the past from the sale of mineral property and joint venture property payments and the sale of a royalty on its Mt. Hamilton property. Revenues from the sale or joint venture of properties have not been a significant source of revenue and would occur, if at all, on an infrequent basis in the future.   The accompanying interim condensed consolidated financial statements of Solitario for the three March 31, 2015 and 2014 are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America. They do not include all disclosures required by generally accepted accounting principles for annual financial statements, but in the opinion of management, include all adjustments, consisting only of normal recurring items, necessary for a fair presentation. Interim results are not necessarily indicative of results, which may be achieved in the future or for the full year ending December 31, 2015.   These financial statements should be read in conjunction with the financial statements and notes thereto which are included in Solitarios Annual Report on Form 10-K for the year ended December 31, 2015. The accounting policies set forth in those annual financial statements are the same as the accounting policies utilized in the preparation of these financial statements, except as modified for appropriate interim financial statement presentation.   Basis of Presentation   The accompanying financial statements have been prepared assuming Solitario will continue as a going concern. As of March 31, 2015 Solitario has a working capital deficit of $3,200,000. As explained in more detail in Note 4, Short-term Debt, Solitario entered into a facility agreement (the Facility Agreement) with RMB Australia Holdings Limited (RMBAH) and RMB Resources, Inc., a Delaware corporation (RMBR) whereby Solitario has borrowed $5,000,000 from RMBAH (with any amounts outstanding collectively being the RMB Loan). The RMB Loan is due on August 20, 2015. Solitario currently does not have sufficient liquidity to repay the RMB Loan when due raising substantial doubt about its ability to continue as a going concern. Management is currently in discussions to refinance the RMB Loan or raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that Solitario will be able to refinance the RMB Loan or raise sufficient funds on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, Solitario will be in default if it is unable to repay the RMB Loan when it is due on August 20, 2015. Should Solitario be in default, RMBAH has, among other rights, the right to foreclose on its security interest in certain assets of Solitario to satisfy its obligation.   Financial reporting   The consolidated financial statements include the accounts of Solitario and its wholly-owned subsidiaries, controlled non-wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), and are expressed in US dollars.   Revenue recognition   Solitario records delay rental payments as revenue in the period received. Any payments received for the sale of property interests are recorded as a reduction of the related property's capitalized cost. Proceeds which exceed the capitalized cost of the property without reserves are recognized as revenue. Payments received on the sale of properties with reserves are recognized as revenue to the extent the proceeds exceed the proportionate basis in the assets sold. Gain on the sale of a mineral property revenue stream is deferred to the extent there is a guarantee for the future revenue stream until such time as the potential funding obligation for the guarantee is reduced or released.   Use of estimates   The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of mineral properties, with significant emphasis on Mt. Hamilton and the recoverability of its investment as well as the recoverability of mineral exploration properties and their future exploration potential; (ii) the fair value of Solitario's stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; (iv) the current portion of Solitario's investment in marketable equity securities; (v) the fair value of Solitarios liability for warrants Solitario issued to RMBAH upon entering into the Facility Agreement   In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable ore reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.   Cash equivalents   Cash equivalents include investments in highly liquid money-market securities with original maturities of three months or less when purchased. As of March 31, 2015 and December 31, 2014 Solitario had concentrations of cash and cash equivalents in excess of federally insured amounts and cash in foreign banks, which are not covered under the federal deposit insurance rules for the United States.   Mineral properties            Solitario expenses all exploration costs incurred on its mineral properties prior to the establishment of proven and probable reserves through the completion of a feasibility study. Initial acquisition costs of its mineral properties are capitalized. Solitario began capitalizing all of its development expenditures on its Mt. Hamilton project, subsequent to the completion of a feasibility study in 2012. Solitario regularly performs evaluations of its investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable, utilizing established guidelines based upon undiscounted future net cash flows from the asset or upon the determination that certain exploration properties do not have sufficient potential for economic mineralization.   Derivative instruments   Solitario accounts for its derivative instruments in accordance with ASC 815 "Accounting for Derivative Instruments and Hedging Activities" (ASC 815). Solitario has not designated its covered calls as hedging instruments and any changes in the fair value of the covered calls and the RMB Warrants are recognized in the statement of operations in the period of the change.   Fair value   FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820) establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. For certain of Solitario's financial instruments, including cash and cash equivalents, short-term margin loans and accounts payable, the carrying amounts approximate fair value due to their short-term maturities. Solitario's marketable equity securities and the Kinross Gold Corporation (Kinross) calls are carried at their estimated fair value based on quoted market prices. See Note 7, Fair Value below.   Marketable equity securities   Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. Solitario records investments in marketable equity securities as available-for-sale for investments in publicly traded marketable equity securities for which it does not exercise significant control and where Solitario has no representation on the Board of those companies and exercises no control over the management of those companies. The cost of marketable equity securities sold is determined by the specific identification method. Changes fair values are recorded in accumulated other comprehensive income within shareholders' equity, unless a decline in fair value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statements of operations. 	   Foreign exchange   The United States dollar is the functional currency for all of Solitario's foreign subsidiaries. Although Solitario's South American exploration activities have been conducted primarily in Brazil, Peru and Mexico, a portion of the payments under the land, leasehold and exploration agreements of Solitario are denominated in United States dollars. Foreign currency gains and losses are included in the results of operations in the period in which they occur.   Income taxes   Solitario accounts for income taxes in accordance with ASC 740, Accounting for Income Taxes. Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.   Accounting for uncertainty in income taxes   ASC 740 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 provides that a company's tax position will be considered settled if the taxing authority has completed its examination, the company does not plan to appeal, and it is remote that the taxing authority would reexamine the tax position in the future. These provisions of ASC 740 had no effect on Solitario's financial position or results of operations. See Note 8, Income Taxes below.   Earnings per share   The calculation of basic and diluted loss per share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2015 and 2014. Potentially dilutive shares related to outstanding common stock options of 3,748,000 and 2,022,000 for the three months March 31, 2015 and 2014, respectively, and warrants issued to RMBAH to acquire 1,624,748 shares of common stock for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted loss per share because the effects were anti-dilutive.   Employee stock compensation and incentive plans   Solitario classifies all of its stock options as equity options in accordance with the provisions of ASC 718 Compensation Stock Compensation   Recent accounting pronouncements   In August 2014, the FASB issued ASU 2014-15, Presentation of Financial StatementsGoing Concern: Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern. The standard requires an entity's management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued. Public entities are required to apply the standard for annual reporting periods ending after December 15, 2016, and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to impact the Companys consolidated financial position, results of operations, or cash flows. If any event occurs in future periods that could affect the Companys ability to continue as going concern, the Company will provide appropriate disclosures as required by ASU 2014-15.

1.       Business and Significant Accounting Policies   Business and company formation    Solitario Exploration & Royalty Corp. (Solitario or the Company) is a development stage company at March 31, 2015 under Industry Guide 7, as issued by the United States Securities and Exchange Commission (SEC), with a current focus on the Mt. Hamilton gold project located in Nevada. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the "TSX") through its Initial Public Offering. Solitario has been actively involved in mineral exploration since 1993. In December 2010 Solitario signed the Limited Liability Company Operating Agreement of Mt. Hamilton LLC (the MH Agreement) with DHI Minerals (U.S.) Ltd., (DHI) and formed Mt. Hamilton LLC (MH-LLC), the owner of the Mt. Hamilton project. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (Ely). Solitario may either develop the Mt. Hamilton project or otherwise enter into an arrangement to monetize its interest in the project through a sale of all or a part of that interest or other joint venture type of arrangement. However, Solitario has never developed a mineral property and the development of the Mt. Hamilton project would require a significant amount of outside capital.   In addition Solitario focuses on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. Solitario acquires and holds a portfolio of exploration properties for future sale or joint venture or to create a royalty prior to the establishment of proven and probable reserves. Solitario has recorded revenue in the past from the sale of mineral property and joint venture property payments and the sale of a royalty on its Mt. Hamilton property. Revenues from the sale or joint venture of properties have not been a significant source of revenue and would occur, if at all, on an infrequent basis in the future.   The accompanying interim condensed consolidated financial statements of Solitario for the three March 31, 2015 and 2014 are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America. They do not include all disclosures required by generally accepted accounting principles for annual financial statements, but in the opinion of management, include all adjustments, consisting only of normal recurring items, necessary for a fair presentation. Interim results are not necessarily indicative of results, which may be achieved in the future or for the full year ending December 31, 2015.   These financial statements should be read in conjunction with the financial statements and notes thereto which are included in Solitarios Annual Report on Form 10-K for the year ended December 31, 2015. The accounting policies set forth in those annual financial statements are the same as the accounting policies utilized in the preparation of these financial statements, except as modified for appropriate interim financial statement presentation.     Basis of Presentation   The accompanying financial statements have been prepared assuming Solitario will continue as a going concern. As of March 31, 2015 Solitario has a working capital deficit of $3,200,000. As explained in more detail in Note 4, Short-term Debt, Solitario entered into a facility agreement (the Facility Agreement) with RMB Australia Holdings Limited (RMBAH) and RMB Resources, Inc., a Delaware corporation (RMBR) whereby Solitario has borrowed $5,000,000 from RMBAH (with any amounts outstanding collectively being the RMB Loan). The RMB Loan is due on August 20, 2015. Solitario currently does not have sufficient liquidity to repay the RMB Loan when due raising substantial doubt about its ability to continue as a going concern. Management is currently in discussions to refinance the RMB Loan or raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that Solitario will be able to refinance the RMB Loan or raise sufficient funds on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, Solitario will be in default if it is unable to repay the RMB Loan when it is due on August 20, 2015. Should Solitario be in default, RMBAH has, among other rights, the right to foreclose on its security interest in certain assets of Solitario to satisfy its obligation.   Financial reporting   The consolidated financial statements include the accounts of Solitario and its wholly-owned subsidiaries, controlled non-wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), and are expressed in US dollars.   Revenue recognition   Solitario records delay rental payments as revenue in the period received. Any payments received for the sale of property interests are recorded as a reduction of the related property's capitalized cost. Proceeds which exceed the capitalized cost of the property without reserves are recognized as revenue. Payments received on the sale of properties with reserves are recognized as revenue to the extent the proceeds exceed the proportionate basis in the assets sold. Gain on the sale of a mineral property revenue stream is deferred to the extent there is a guarantee for the future revenue stream until such time as the potential funding obligation for the guarantee is reduced or released.   Use of estimates   The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of mineral properties, with significant emphasis on Mt. Hamilton and the recoverability of its investment as well as the recoverability of mineral exploration properties and their future exploration potential; (ii) the fair value of Solitario's stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; (iv) the current portion of Solitario's investment in marketable equity securities; (v) the fair value of Solitarios liability for warrants Solitario issued to RMBAH upon entering into the Facility Agreement   In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable ore reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.   Cash equivalents   Cash equivalents include investments in highly liquid money-market securities with original maturities of three months or less when purchased. As of March 31, 2015 and December 31, 2014 Solitario had concentrations of cash and cash equivalents in excess of federally insured amounts and cash in foreign banks, which are not covered under the federal deposit insurance rules for the United States.   Mineral properties            Solitario expenses all exploration costs incurred on its mineral properties prior to the establishment of proven and probable reserves through the completion of a feasibility study. Initial acquisition costs of its mineral properties are capitalized. Solitario began capitalizing all of its development expenditures on its Mt. Hamilton project, subsequent to the completion of a feasibility study in 2012. Solitario regularly performs evaluations of its investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable, utilizing established guidelines based upon undiscounted future net cash flows from the asset or upon the determination that certain exploration properties do not have sufficient potential for economic mineralization.   Derivative instruments   Solitario accounts for its derivative instruments in accordance with ASC 815 "Accounting for Derivative Instruments and Hedging Activities" (ASC 815). Solitario has not designated its covered calls as hedging instruments and any changes in the fair value of the covered calls and the RMB Warrants are recognized in the statement of operations in the period of the change.   Fair value   FASB ASC 820, Fair Value Measurements and Disclosures (ASC 820) establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. For certain of Solitario's financial instruments, including cash and cash equivalents, short-term margin loans and accounts payable, the carrying amounts approximate fair value due to their short-term maturities. Solitario's marketable equity securities and the Kinross Gold Corporation (Kinross) calls are carried at their estimated fair value based on quoted market prices. See Note 7, Fair Value below.   Marketable equity securities   Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. Solitario records investments in marketable equity securities as available-for-sale for investments in publicly traded marketable equity securities for which it does not exercise significant control and where Solitario has no representation on the Board of those companies and exercises no control over the management of those companies. The cost of marketable equity securities sold is determined by the specific identification method. Changes fair values are recorded in accumulated other comprehensive income within shareholders' equity, unless a decline in fair value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statements of operations. 	   Foreign exchange   The United States dollar is the functional currency for all of Solitario's foreign subsidiaries. Although Solitario's South American exploration activities have been conducted primarily in Brazil, Peru and Mexico, a portion of the payments under the land, leasehold and exploration agreements of Solitario are denominated in United States dollars. Foreign currency gains and losses are included in the results of operations in the period in which they occur.   Income taxes   Solitario accounts for income taxes in accordance with ASC 740, Accounting for Income Taxes. Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.   Accounting for uncertainty in income taxes   ASC 740 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 provides that a company's tax position will be considered settled if the taxing authority has completed its examination, the company does not plan to appeal, and it is remote that the taxing authority would reexamine the tax position in the future. These provisions of ASC 740 had no effect on Solitario's financial position or results of operations. See Note 8, Income Taxes below.   Earnings per share   The calculation of basic and diluted loss per share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2015 and 2014. Potentially dilutive shares related to outstanding common stock options of 3,748,000 and 2,022,000 for the three months March 31, 2015 and 2014, respectively, and warrants issued to RMBAH to acquire 1,624,748 shares of common stock for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted loss per share because the effects were anti-dilutive.   Employee stock compensation and incentive plans   Solitario classifies all of its stock options as equity options in accordance with the provisions of ASC 718 Compensation Stock Compensation   Recent accounting pronouncements   In August 2014, the FASB issued ASU 2014-15, Presentation of Financial StatementsGoing Concern: Disclosure of Uncertainties about an Entitys Ability to Continue as a Going Concern. The standard requires an entity's management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued. Public entities are required to apply the standard for annual reporting periods ending after December 15, 2016, and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to impact the Companys consolidated financial position, results of operations, or cash flows. If any event occurs in future periods that could affect the Companys ability to continue as going concern, the Company will provide appropriate disclosures as required by ASU 2014-15.

3200000

5000000

3748000

2022000

1624748

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">March 31,</td> <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Development (United States)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Mt. Hamilton</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,968 </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,641 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   La Promesa (Peru)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Norcan (Mexico)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">6 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">6 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Aconchi (Mexico)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Canta Colorado (Mexico)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">3 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">3 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">     Total exploration</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> 19 </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  19 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">     Total mineral property</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,987 </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,660</td></tr> </table>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended  March 31,</td></tr> <tr> <td style="vertical-align: top; width: 75%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 12%; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 13%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Geologic and field expenses</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$18 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$26 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Administrative</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">7 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">22 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Total exploration costs</td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 25 </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 48 </td></tr> </table>

14968000

14641000

5000 5000 6000 6000 5000 5000 3000 3000

14987000

14660000

156000 485000

169000

153000

2000 8000

327000

646000

18000 26000

7000

22000

25000

48000

0.80

3. 	Marketable equity securities   Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. The cost of marketable equity securities sold is determined by the specific identification method. Changes in market value are recorded in accumulated other comprehensive income or loss within shareholders' equity, unless a decline in market value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statement of operations.   The following tables summarize Solitarios marketable equity securities and accumulated other comprehensive income related to its marketable equity securities: <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 72%; layout-grid-mode: line; text-align: justify">(in thousands)</td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: center">    March  31,     2015</td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: center"> December 31,     2014</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Marketable equity securities at fair value</td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">$1,710 </td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">$2,308 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Cost</td> <td style="border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: right">1,869 </td> <td style="border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: right">   1,869 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Accumulated other comprehensive (loss) income for     unrealized holding gains</td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">(159)</td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">439 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Deferred taxes on accumulated other comprehensive     income for unrealized holding gains</td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">(1,559)</td> <td style="padding-right: 4.5pt; layout-grid-mode: line; text-align: right">(1,559)</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Accumulated other comprehensive income</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: right">$(1,718)</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 4.5pt; layout-grid-mode: line; text-align: right">$(1,120)</td></tr> </table>           The following table represents changes in marketable equity securities.   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31,</td></tr> <tr> <td style="vertical-align: top; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross cash proceeds</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">$  -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">$350 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Cost</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">50 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross gain on sale included in earnings during the period</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">300 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Deferred taxes on gross gain on sale included in earnings</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">(105)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Valuation allowance on deferred taxes on gross gain on sale included in earnings</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">105 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Reclassification adjustment to unrealized gain in other    comprehensive income for net gains included in earnings</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(300)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross unrealized holding (loss) gain arising during the period    included in other comprehensive loss</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">586 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Deferred taxes on unrealized holding (loss) gain included in    other comprehensive loss</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">207 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(204)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"> Valuation allowance on deferred taxes on unrealized holding losses included in other comprehensive loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(207)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">104 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net unrealized holding (loss) gain</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">486 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Other comprehensive (loss) income from marketable equity securities</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$186 </td></tr> </table>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31,</td></tr> <tr> <td style="vertical-align: top; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 14%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross cash proceeds</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">$  -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">$350 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Cost</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">50 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross gain on sale included in earnings during the period</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">300 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Deferred taxes on gross gain on sale included in earnings</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">(105)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Valuation allowance on deferred taxes on gross gain on sale included in earnings</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.1in; layout-grid-mode: line; text-align: right">105 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Reclassification adjustment to unrealized gain in other    comprehensive income for net gains included in earnings</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(300)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Gross unrealized holding (loss) gain arising during the period    included in other comprehensive loss</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">586 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Deferred taxes on unrealized holding (loss) gain included in    other comprehensive loss</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">207 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(204)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt"> Valuation allowance on deferred taxes on unrealized holding losses included in other comprehensive loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(207)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">104 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net unrealized holding (loss) gain</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">486 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Other comprehensive (loss) income from marketable equity securities</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$186 </td></tr> </table>

1710000

2308000

1710000

2308000

1869000

-159000

439000

-1559000

-1718000

-1120000

350000

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 75%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td style="vertical-align: bottom; width: 12%; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> March 31,</td> <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Deferred offering costs RMB Loan</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  77 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$126 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Accumulated Mt. Hamilton advance royalty payments</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">900 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">900 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Furniture and Fixtures, net of accumulated depreciation</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  58 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  63 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Exploration bonds and other assets</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  73 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  74 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Total other assets</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 1,108 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 1,163 </td></tr> </table>

77000

126000

900000

58000

63000

73000

74000

1108000

1163000

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: bottom; width: 66%; layout-grid-mode: line; text-align: justify"> </td> <td style="vertical-align: bottom; width: 11%; layout-grid-mode: line; text-align: center">RMB</td> <td style="vertical-align: top; width: 11%; layout-grid-mode: line; text-align: center">RMB</td> <td style="vertical-align: top; width: 12%; layout-grid-mode: line; text-align: center">RMB</td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line; text-align: justify">  (in thousands)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">Loan borrowing</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">Warrant discount</td> <td style="vertical-align: top; border-bottom: Black 1pt solid"> Long-term Debt</td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">      Beginning balance December 31, 2014</td> <td style="vertical-align: bottom; padding-right: 6pt; layout-grid-mode: line; text-align: right">$ 5,000 </td> <td style="vertical-align: top; padding-right: 6pt; layout-grid-mode: line; text-align: right">$(139)</td> <td style="vertical-align: top; padding-right: 6pt; layout-grid-mode: line; text-align: right">$4,861 </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">        Amortization of discount to interest cost</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right"> -     </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">54 </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">54 </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">      Ending balance March 31, 2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">$5,000 </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">$(85)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">4,915 </td></tr> </table>

802000000

66000

46000

4000

54000

49000

169000

153000

180 130 84000 36000

82000

29000

2000

7000

1624748

6000

55000

6000

55000

49000

-260000

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 49%; layout-grid-mode: line; text-align: justify">(in thousands)</td> <td style="width: 13%; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">Level 1  </td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 8.25pt; layout-grid-mode: line; text-align: right">Level 2  </td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 3pt; layout-grid-mode: line; text-align: right">Level 3</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 5.25pt; layout-grid-mode: line; text-align: right">Total  </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Assets</td> <td style="padding-right: 6pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Marketable equity securities</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">$1,710 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">$      -   </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">$-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">$1,710 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Liabilities</td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  RMB warrants</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">6 </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">6 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Kinross calls</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">2 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">2 </td></tr> </table>   The following is a listing of Solitarios financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2014:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 49%; layout-grid-mode: line; text-align: justify">(in thousands)</td> <td style="width: 13%; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: center">Level 1</td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 8.25pt; layout-grid-mode: line; text-align: center">Level 2</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 3pt; layout-grid-mode: line; text-align: center">Level 3</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 5.25pt; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Assets</td> <td style="padding-right: 6pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Marketable equity securities</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">$2,308 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">$  -   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">$2,308 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Liabilities</td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  RMB warrants</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">55 </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">55 </td></tr> </table>

2000

8.        Income Taxes   Solitario accounts for income taxes in accordance with ASC 740, Accounting for Income Taxes. Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.   At March 31, 2015 and December 31,2014, primarily as a result of the its net operating loss carry-forwards exceeding the built-in-gain in the value of Solitario's holdings of Kinross common stock recognized as other comprehensive income, Solitario has recorded a valuation allowance equal to the built-in gain on the value of its holdings of Kinross common stock.   During the three months ended March 31, 2015, Solitario recorded no deferred tax benefit as result of the valuation allowance discussed above. During the three months ended March 31, 2014, Solitario recorded a $100,000 deferred tax benefit in the statement of operations related to the release of valuation allowance for the deferred taxes expense of $100,000 in other comprehensive income related to net unrealized gains of $286,000 on marketable equity securities.

1.5387

100000

-598000

186000

2800000

1750000

50562

157000

56000

10.        Shareholders Equity, comprehensive loss and noncontrolling interest   <table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">(in thousands, except</td> <td style="vertical-align: bottom; width: 8%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 10%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Accumulated</td> <td style="vertical-align: bottom; width: 9%; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Total</td> <td style="vertical-align: bottom; width: 8%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 9%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Share amounts)</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Common</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Common</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Additional</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Other</td> <td style="vertical-align: bottom; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Solitario</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Non-</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Total</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Stock</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Stock</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Paid-in</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Accumulated</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Comprehensive</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shareholder</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Controlling</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shareholders</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shares</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Amount</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Capital</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Deficit</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Equity</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Interest</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Equity</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Balance at December 31, 2014 </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">39,247,689</td> <td style="vertical-align: bottom; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$393 </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54,512 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(46,563)</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(1,120)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$7,222 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(441)</td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$6,781 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Stock option expense</td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net loss </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(450)</td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(450)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(1)</td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(451)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net unrealized gain on marketable   equity securities </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   -   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Balance at March 31, 2015 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">39,247,689</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$393</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54,669</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(47,013)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(1,718)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$6,331 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(442)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$5,889 </td></tr> </table>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Courier New, Courier, Monospace">(in thousands, except</td> <td style="vertical-align: bottom; width: 8%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 7%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 10%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Accumulated</td> <td style="vertical-align: bottom; width: 9%; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Total</td> <td style="vertical-align: bottom; width: 8%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; width: 9%; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Share amounts)</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Common</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Common</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Additional</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Other</td> <td style="vertical-align: bottom; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Solitario</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Non-</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Total</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Stock</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Stock</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Paid-in</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; text-align: center; font-family: CG Times (W1)">Accumulated</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Comprehensive</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shareholder</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Controlling</td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shareholders</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Shares</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Amount</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center; text-indent: -5.4pt">Capital</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Deficit</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 2.2pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Equity</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Interest</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Equity</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Balance at December 31, 2014 </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">39,247,689</td> <td style="vertical-align: bottom; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$393 </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54,512 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(46,563)</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(1,120)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$7,222 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(441)</td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$6,781 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Stock option expense</td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">157 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net loss </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(450)</td> <td style="vertical-align: bottom; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(450)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(1)</td> <td style="vertical-align: bottom; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(451)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Net unrealized gain on marketable   equity securities </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   -   </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">(598)</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Balance at March 31, 2015 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.45pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">39,247,689</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -1.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$393</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54,669</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(47,013)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(1,718)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$6,331 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$(442)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: -2.3pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$5,889 </td></tr> </table>

5889000

6781000

393000

54512000

54669000

-46563000

-47013000

-1120000

-1718000

-441000

-442000

39247689

157000

-451000

-535000

-450000

-1000

-598000

11.       Segment Reporting   Solitario operates in two segments, (i) mineral exploration and (ii) mining development and operations. Solitario is capitalizing Mt. Hamilton development and operations costs subsequent to February 22, 2012, as detailed above in Note 2, Mineral properties. The following summarizes Solitario segment activity for the three months ended March 31, 2015 and 2014:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31, 2015</td></tr> <tr> <td style="vertical-align: top; width: 45%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 13%; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Mt Hamilton</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Exploration</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Corporate and Other</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Consolidated</td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration expense</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  25 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> $   25 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Interest expense (1)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Other </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">10 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">416 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">426 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Pre-tax loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   $  -  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$35 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  416 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$451 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Total assets (2)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$16,257 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$1,856 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$18,167 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Capital Expenditures</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   327 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     327 </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(1)</td><td style="padding-right: 0.55in">Interest cost of $169 and depreciation of $2 have been capitalized to Mt. Hamilton mineral properties.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(2)</td><td style="padding-right: 0.55in">Corporate and other total assets include investment in marketable equity securities of $1,710.</td></tr></table>   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31, 2014</td></tr> <tr> <td style="vertical-align: top; width: 45%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 13%; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Mt Hamilton</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Exploration</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Corporate and Other</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Consolidated</td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration expense</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  48 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> $   48 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Interest expense (4)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Other (3)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">135 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">452 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">587 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Pre-tax loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   $  -  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$183 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  452 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$635 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Total assets (5)(6)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$15,009 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$346 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$4,715 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$20,070 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Capital Expenditures (4)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   646 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     646 </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(3)</td><td style="padding-right: 0.55in">Exploration other includes loss on unconsolidated subsidiary of $125.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(4)</td><td style="padding-right: 0.55in">Interest cost of $153 and depreciation of $8 have been capitalized to Mt. Hamilton mineral properties.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(5)</td><td style="padding-right: 0.55in">Exploration total assets include investment in unconsolidated subsidiary of $28.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(6)</td><td style="padding-right: 0.55in">Corporate and other total assets include investment in marketable equity securities of $4,210.</td></tr></table>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31, 2015</td></tr> <tr> <td style="vertical-align: top; width: 45%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 13%; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Mt Hamilton</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Exploration</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Corporate and Other</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Consolidated</td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration expense</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  25 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> $   25 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Interest expense (1)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Other </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">10 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">416 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">426 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Pre-tax loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   $  -  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$35 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  416 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$451 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Total assets (2)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$16,257 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$54 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$1,856 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$18,167 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Capital Expenditures</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   327 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     327 </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(1)</td><td style="padding-right: 0.55in">Interest cost of $169 and depreciation of $2 have been capitalized to Mt. Hamilton mineral properties.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(2)</td><td style="padding-right: 0.55in">Corporate and other total assets include investment in marketable equity securities of $1,710.</td></tr></table>   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="4" style="border-bottom: Black 1pt solid; padding-right: -1.8pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended March 31, 2014</td></tr> <tr> <td style="vertical-align: top; width: 45%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 13%; border-bottom: Black 1pt solid; padding-right: -5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Mt Hamilton</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Exploration</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Corporate and Other</td> <td style="vertical-align: bottom; width: 14%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Consolidated</td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration expense</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  48 </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> $   48 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Interest expense (4)</td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Other (3)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">135 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">452 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">587 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Pre-tax loss</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">   $  -  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$183 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  452 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$635 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Total assets (5)(6)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$15,009 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$346 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$4,715 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$20,070 </td></tr> <tr> <td style="vertical-align: top; padding-right: -0.9pt; padding-left: 5.4pt; layout-grid-mode: line">Capital Expenditures (4)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   646 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     -    </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$     646 </td></tr> </table>   <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(3)</td><td style="padding-right: 0.55in">Exploration other includes loss on unconsolidated subsidiary of $125.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(4)</td><td style="padding-right: 0.55in">Interest cost of $153 and depreciation of $8 have been capitalized to Mt. Hamilton mineral properties.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(5)</td><td style="padding-right: 0.55in">Exploration total assets include investment in unconsolidated subsidiary of $28.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 45pt"></td><td style="width: 19.5pt">(6)</td><td style="padding-right: 0.55in">Corporate and other total assets include investment in marketable equity securities of $4,210.</td></tr></table>

25000 48000 25000 48000

125000

10000

135000

416000

452000

426000

587000

35000

183000

416000

452000

451000

635000

16257000

15009000

54000

346000

1856000

4715000

18167000

20070000

50000

-105000

-300000

207000

-204000

-598000

486000

5000000 -139000 4861000

54000

5000000 -85000 4915000

2.        Mineral Property   The following table details Solitarios investment in Mineral Property: <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 72%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">March 31,</td> <td style="vertical-align: bottom; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Development (United States)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Mt. Hamilton</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,968 </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,641 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Exploration</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   La Promesa (Peru)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Norcan (Mexico)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">6 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">6 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Aconchi (Mexico)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">5 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">   Canta Colorado (Peru)</td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">3 </td> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">3 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">     Total exploration</td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> 19 </td> <td style="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  19 </td></tr> <tr style="vertical-align: bottom"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">     Total mineral property</td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,987 </td> <td style="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$14,660</td></tr> </table>   Mt. Hamilton   On February 22, 2012, Solitario earned an 80% interest in MH-LLC as a result of the completion of a feasibility study on the Mt. Hamilton project (the Feasibility Study) prepared by SRK Consulting (US), Inc. of Lakewood, Colorado (SRK). In October 2014, SRK, on behalf of Solitario completed an updated feasibility study on the Mt. Hamilton project (the Updated Feasibility Study).   Solitario intends to monetize its interest in the Mt. Hamilton project, either through the sale of all or part of its interest in the project or through development of the project. Development of the project is subject to a number of factors including obtaining all necessary permits and availability of required capital, none of which is currently in place.   Capitalized costs Solitario began capitalizing its development costs incurred at its Mt. Hamilton project subsequent to the completion of the Feasibility Study, as detailed in the following table:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"> Three months ended March 31,</td></tr> <tr> <td style="vertical-align: top; width: 75%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 12%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 13%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Development expenditures</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$156 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 485 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Capitalized interest</td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  169 </td> <td style="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  153 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">Capitalized depreciation</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">2 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">8 </td></tr> <tr> <td style="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line">  Total capitalized costs</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 327 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 646 </td></tr> </table>   All exploration costs on our other exploration properties, none of which have proven and probable reserves, including any additional costs incurred for subsequent lease payments or exploration activities related to our projects are expensed as incurred.   Discontinued projects   Solitario did not record any mineral property write-downs during the three months ended March 31, 2015 or 2014.   Exploration expense   The following items comprised exploration expense:   <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">Three months ended  March 31,</td></tr> <tr> <td style="vertical-align: top; width: 75%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 12%; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 13%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Geologic and field expenses</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$18 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$26 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Administrative</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">7 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">22 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Total exploration costs</td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 25 </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 48 </td></tr> </table>

4.        Other Assets   The following items comprised other assets:   <table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse"> <tr> <td style="vertical-align: top; width: 75%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td style="vertical-align: bottom; width: 12%; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center"> March 31,</td> <td style="vertical-align: bottom; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">December 31,</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Deferred offering costs RMB Loan</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$  77 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$126 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Accumulated Mt. Hamilton advance royalty payments</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">900 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">900 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Furniture and Fixtures, net of accumulated depreciation</td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  58 </td> <td style="vertical-align: bottom; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  63 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Exploration bonds and other assets</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  73 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  74 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Total other assets</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 1,108 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 8.1pt; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 1,163 </td></tr> </table>   In connection with the RMB Loan, Solitario recorded deferred offering costs that are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. See Note 5, Short-term debt, below.

5.       Short-term Debt   RMB Facility Agreement   On August 10, 2012, Solitario entered into the Facility Agreement and has borrowed $5,000,000 from RMBAH under the RMB Loan. In connection with the Facility Agreement, Solitario recorded a warrant discount related to the RMB Warrants (defined below). Solitario also recorded deferred offering costs related to the RMB Loan. The warrant discount and deferred offering costs are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. The RMB Loan amounts bear interest at the 90-day LIBOR rate plus 5%, payable in arrears on the last day of each quarterly interest period. The RMB Loan interest rate was 5.28% at March 31, 2015. The RMB Loan may be repaid at any time without penalty. Any amounts repaid may not be redrawn under the Facility Agreement. The RMB Loan is secured by a lien on Solitarios 80% interest in MH-LLC as well as a general security interest in Solitarios remaining assets.   The following table summarizes the RMB Loan: <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr> <td style="vertical-align: bottom; width: 66%; layout-grid-mode: line; text-align: justify"> </td> <td style="vertical-align: bottom; width: 11%; layout-grid-mode: line; text-align: center">RMB</td> <td style="vertical-align: top; width: 11%; layout-grid-mode: line; text-align: center">RMB</td> <td style="vertical-align: top; width: 12%; layout-grid-mode: line; text-align: center">RMB</td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line; text-align: justify">  (in thousands)</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">Loan borrowing</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; layout-grid-mode: line; text-align: center">Warrant discount</td> <td style="vertical-align: top; border-bottom: Black 1pt solid"> Long-term Debt</td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">      Beginning balance December 31, 2014</td> <td style="vertical-align: bottom; padding-right: 6pt; layout-grid-mode: line; text-align: right">$ 5,000 </td> <td style="vertical-align: top; padding-right: 6pt; layout-grid-mode: line; text-align: right">$(139)</td> <td style="vertical-align: top; padding-right: 6pt; layout-grid-mode: line; text-align: right">$4,861 </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">        Amortization of discount to interest cost</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right"> -     </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">54 </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">54 </td></tr> <tr> <td style="vertical-align: bottom; layout-grid-mode: line">      Ending balance March 31, 2015</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">$5,000 </td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">$(85)</td> <td style="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">4,915 </td></tr> </table>   UBS Short-term credit line   During the three months ended March 31, 2014 Solitario had a secured credit line agreement with UBS Bank, USA (UBS), which was secured by all of Solitarios assets held in its UBS brokerage account. The UBS secured line of credit of $802,000 was paid off during the three months ended March 31, 2014.   Solitario recorded the following interest cost related to outstanding short-term debt: <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"> Three months ended March 31,</td></tr> <tr> <td style="vertical-align: top; width: 77%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 11%; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 12%; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">RMB Loan interest</td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">  Interest paid in cash</td> <td style="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 66 </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 46 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">  Amortization of the RMB Warrants discount</td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">54 </td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">54 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">  Amortization of RMB deferred financing costs</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  49 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">  49 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">    Total interest expense related to the RMB Loan</td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">169 </td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">149 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">UBS secured credit line</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">-  </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">4 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">    Total</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$169 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$153 </td></tr> </table>   During the three months ended March 31, 2015 and 2014, Solitario capitalized all of its interest to mineral property. See Note 2, Mineral property, above.

6.        Derivative instruments   RMB Warrants   In August 2012, pursuant to the Facility Agreement, the Company issued 1,624,748 warrants to RMBAH (the RMB Warrants) as partial consideration for financing services provided in connection with the Facility Agreement. Each RMB Warrant entitles the holder to purchase one share of Solitario common stock pursuant to the terms and conditions of the RMB Warrants. The RMB Warrants expire 36 months from their date of issuance and have an exercise price of $1.5387 per share, subject to customary anti-dilution adjustments. Solitario recorded a warrant discount, which it is amortizing on a straight-line basis. See Note 5, short-term debt, above.   Solitario has recorded a liability as of March 31, 2015 and December 31, 2014 of $6,000 and $55,000, respectively, for the fair value of the RMB Warrants based upon a Black-Scholes model. Solitario adjusts the fair value of the warrants at each balance sheet date, with changes in value recorded in other income (loss) in the statement of operations. Solitario recorded a gain on the RMB Warrants of $49,000 during the three months ended March 31, 2015 and a loss on the RMB Warrants of $260,000 during the three months ended March 31, 2014.   Covered Call Options   From time to time Solitario has sold covered call options against its holdings of Kinross. The business purpose of selling covered calls is to provide additional liquidity on a limited portion of shares of Kinross that Solitario may sell in the near term, which is generally defined as less than one year. Solitario has not designated its covered calls as hedging instruments and records gains or loss on the covered call in the period of the change.   Solitario recorded the following gain loss on derivative instruments related to Kinross calls: <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">(in thousands)</td> <td colspan="2" style="padding-right: 5.4pt; padding-left: 5.4pt"> Three months ended March 31,</td></tr> <tr> <td style="vertical-align: top; width: 77%; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line"> </td> <td style="vertical-align: bottom; width: 11%; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2015</td> <td style="vertical-align: bottom; width: 12%; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: center">2014</td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">Shares of Kinross</td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">180 </td> <td style="vertical-align: bottom; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">130 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">  Proceeds from sale of call</td> <td style="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 84 </td> <td style="vertical-align: bottom; border-top: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 36 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">  Gain on derivative instrument</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right"> 82 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">29 </td></tr> <tr> <td style="vertical-align: top; padding-right: 0.55in; padding-left: 5.4pt; layout-grid-mode: line">    Ending liability balance</td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$ 2 </td> <td style="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 0.05in; padding-left: 5.4pt; layout-grid-mode: line; text-align: right">$   7 </td></tr> </table>

7.        Fair value   For certain of Solitarios financial instruments, including cash and cash equivalents, payables and short-term debt, the carrying amounts approximate fair value due to their short term maturities. Solitarios marketable equity securities are carried at their estimated fair value primarily based on quoted market prices. The RMB Warrants are carried at their estimated fair value based on a Black-Scholes option pricing model.   Solitario accounts for its financial instruments under ASC 820, "Fair Value Measurements." ASC 820 establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows:   Level 1: quoted prices in active markets for identical assets or liabilities; Level 2: quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.   The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. During the three months ended March 31, 2015 there were no reclassifications in financial assets or liabilities between Level 1, 2 or 3 categories.   The following is a listing of Solitarios financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of March 31, 2015:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 49%; layout-grid-mode: line; text-align: justify">(in thousands)</td> <td style="width: 13%; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: right">Level 1  </td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 8.25pt; layout-grid-mode: line; text-align: right">Level 2  </td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 3pt; layout-grid-mode: line; text-align: right">Level 3</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 5.25pt; layout-grid-mode: line; text-align: right">Total  </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Assets</td> <td style="padding-right: 6pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Marketable equity securities</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">$1,710 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">$      -   </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">$-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">$1,710 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Liabilities</td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  RMB warrants</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">6 </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">6 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Kinross calls</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">2 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">2 </td></tr> </table>   The following is a listing of Solitarios financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2014:   <table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom"> <td style="width: 49%; layout-grid-mode: line; text-align: justify">(in thousands)</td> <td style="width: 13%; border-bottom: Black 1pt solid; padding-right: 6pt; layout-grid-mode: line; text-align: center">Level 1</td> <td style="width: 14%; border-bottom: Black 1pt solid; padding-right: 8.25pt; layout-grid-mode: line; text-align: center">Level 2</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 3pt; layout-grid-mode: line; text-align: center">Level 3</td> <td style="width: 12%; border-bottom: Black 1pt solid; padding-right: 5.25pt; layout-grid-mode: line; text-align: center">Total</td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Assets</td> <td style="padding-right: 6pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 5.25pt; font-size: 12pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  Marketable equity securities</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">$2,308 </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">$   -   </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">$  -   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">$2,308 </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">Liabilities</td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right"> </td></tr> <tr style="vertical-align: bottom"> <td style="layout-grid-mode: line">  RMB warrants</td> <td style="padding-right: 6pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 8.25pt; layout-grid-mode: line; text-align: right">55 </td> <td style="padding-right: 3pt; layout-grid-mode: line; text-align: right">-   </td> <td style="padding-right: 5.25pt; layout-grid-mode: line; text-align: right">55 </td></tr> </table>

9.	Employee stock compensation plans   Solitarios outstanding options on the date of grant have a five year term, and vest 25% on date of grant and 25% on each of the next three anniversary dates. Solitario recognizes stock option compensation expense on the date of grant for 25% of the grant date fair value, and subsequently, based upon a straight line amortization of the unvested grant date fair value of each of its outstanding options. During the three months ended March 31, 2015 and 2014, Solitario recorded $157,000 and $56,000, respectively, of stock option expense for the amortization of grant date fair value with a credit to additional paid-in-capital.   The 2006 Plan On June 27, 2006 Solitarios shareholders approved the 2006 Stock Option Incentive Plan (the 2006 Plan). Under the terms of the 2006 Plan, the Board of Directors may grant up to 2,800,000 options to Directors, officers and employees with exercise prices equal to the market price of Solitarios common stock at the date of grant.   There were no new options granted during the three months ended March 31, 2015 and 2014 under the 2006 Plan. No options were exercised during the three months ended March 31, 2015 or 2014.   The 2013 Plan On June 18, 2013 Solitarios shareholders approved the 2013 Solitario Exploration & Royalty Corp. Omnibus Stock and Incentive Plan (the 2013 Plan). Under the terms of the 2013 Plan, the Board of Directors may grant awards for up to 1,750,000 shares to directors, officers, employees and consultants. Such awards may take the form of stock options, stock appreciation rights, restricted stock, and restricted stock units. The terms and conditions of the awards are pursuant to the 2013 Plan and are granted by the Board of Directors or a committee appointed by the Board of Directors.   There were no stock awards or exercises of options under the 2013 plan during the three months ended March 31, 2015. During the three months ended March 31, 2014, Solitario granted restricted stock units from the 2013 Plan for a total of 50,562 shares, which were vested upon grant to two employees as part of their severance pay upon the employees termination from the Company. There were no other stock awards or exercises of options under the 2013 Plan during the three months ended March 31, 2014.

329000

869000

2092000

2044000

1710000

2308000

32000

40000

2071000

3217000

14987000

14660000

1108000

1163000

18166000

19040000

354000

343000

4915000

4861000

2000

5271000

5204000

7000000

6000

55000

54669000

54512000

-47013000

-46563000

-442000

-441000

18166000

19040000

393000

-1718000

-1120000

6331000

7222000

0.01

10000000

0.01

100000000

39247689

171000 161000 1710000 4210000 153000

3000

554000

531000

82000

32000

500000

550000

-49000

260000

-49000

85000

-451000

-635000

-100000

-450000 -532000

-0.01

39248

38130

-1000

-3000

-1048000

-349000

1000

3000

-1047000 -346000

-451000

-535000

286000

-451000

-535000

82000

32000

-125000

-49000

260000

157000

56000

-100000

-300000

8000

69000

11000

-34000

-403000

-488000

222000

535000

84000

36000

350000

1000

11000

-137000

-138000

1630000

-802000

250000

578000

-540000

-48000

66000

50000

103000

75000

45000

105000 -598000 586000 -207000 104000 -598000 186000

EX-101.SCH 6 xpl-20150331.xsd XBRL SCHEMA FILE 00000001 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Consolidated Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Consolidated Statements of Operations link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Consolidated Statements of Comprehensive Income (Loss) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Consolidated Statements of Cash Flows link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - Business and Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - Mineral Property link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - Marketable Equity Securities link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - Other Assets link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - Short Term Debt link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - Derivative Instruments link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - Fair Value link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - Income Taxes link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - Employee Stock Compensation Plans link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - Segment Reporting link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - Business and Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - Mineral Property (Tables) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - Marketable Equity Securities (Tables) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - Other Assets (Tables) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - Short Term Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - Derivative Instruments (Tables) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - Fair Value (Tables) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest (Tables) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - Segment Reporting (Tables) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - Business and Significant Accounting Policies (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - Mineral Property - Investment in Mineral Property (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - Mineral Property - Capitalized Development Costs (Details) link:presentationLink link:calculationLink link:definitionLink 00000030 - Disclosure - Mineral Property - Exploration Expense (Details) link:presentationLink link:calculationLink link:definitionLink 00000031 - Disclosure - Mineral Property (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000032 - Disclosure - Marketable Equity Securities - Marketable Equity Securities and Accumulated Other Comprehensive Income (Details) link:presentationLink link:calculationLink link:definitionLink 00000033 - Disclosure - Marketable Equity Securities - Changes in Marketable Securities (Details) link:presentationLink link:calculationLink link:definitionLink 00000034 - Disclosure - Other Assets - Other Assets (Details) link:presentationLink link:calculationLink link:definitionLink 00000035 - Disclosure - Short Term Debt - Summary of Short Term Debt (Details) link:presentationLink link:calculationLink link:definitionLink 00000036 - Disclosure - Short Term Debt - Short Term Debt Interest (Details) link:presentationLink link:calculationLink link:definitionLink 00000037 - Disclosure - Short Term Debt (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000038 - Disclosure - Derivative Instruments - Gain Loss on Derivative Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 00000039 - Disclosure - Derivative Instruments (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000040 - Disclosure - Derivative Instruments (Details Narrative) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000041 - Disclosure - Fair Value - Fair Value Financial Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 00000042 - Disclosure - Income Taxes (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000043 - Disclosure - Income Taxes (Details Narrative) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000044 - Disclosure - Employee Stock Compensation Plans (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000045 - Statement - Shareholders Equity (Details) link:presentationLink link:calculationLink link:definitionLink 00000046 - Disclosure - Segment Reporting - Segment Reporting (Details) link:presentationLink link:calculationLink link:definitionLink 00000047 - Disclosure - Segment Reporting - Segment Reporting (Details) (Parenthetical) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 xpl-20150331_cal.xml XBRL CALCULATION FILE EX-101.DEF 8 xpl-20150331_def.xml XBRL DEFINITION FILE EX-101.LAB 9 xpl-20150331_lab.xml XBRL LABEL FILE Mt. Hamilton Property, Plant and Equipment, Type [Axis] La Promesa Peru Norcan Mexico Aconchi Mexico Canta Colorado Peru RMB Interest Short-term Debt, Type [Axis] UBS Interest Debt Instrument [Axis] Level 2 Fair Value, Hierarchy [Axis] Level 1 Level 1 Level 2 Measurement Basis [Axis] Common Stock Equity Components [Axis] Additional Paid-In Capital Retained Earnings / Accumulated Deficit Other Comprehensive Income / Loss Noncontrolling Interest Segments [Axis] Exploration Corporate and Other Consolidated RMB Loan Borrowing RMB Warrant Discount RMB Long Term Debt Document And Entity Information Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Is Entity a Well-known Seasoned Issuer? Is Entity a Voluntary Filer? Is Entity's Reporting Status Current? Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Document Fiscal Period Focus Document Fiscal Year Focus Statement of Financial Position [Abstract] Assets Current assets: Cash and cash equivalents Investments in marketable equity securities, at fair value Prepaid expenses and other Total current assets Mineral properties Other assets Total assets Commitments and contingencies Equity: Shareholders’ equity: Liabilities and Shareholders’ Equity Current liabilities: Accounts payable Current portion long-term debt, net of discount Other Total current liabilities Deferred gain on sale of mineral property Warrant liability Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2015 and December 31, 2014) Common stock, $0.01 par value, authorized 100,000,000 shares (39,247,689 shares issued and outstanding at March 31, 2015 and December 31, 2014) Additional paid-in capital Accumulated deficit Accumulated other comprehensive loss Total Solitario shareholders’ equity Noncontrolling interest Total shareholders’ equity Total liabilities and shareholders’ equity Preferred stock Preferred stock, par value Preferred stock, shares authorized Preferred stock, shares issued Common stock Common stock, par value Common stock, shares authorized Common stock, shares issued Common stock, shares outstanding Income Statement [Abstract] Costs, expenses and other: Exploration expense Depreciation and amortization General and administrative Gain on derivative instruments Total costs, expenses and other Other income (expense) Gain on sale of marketable equity securities Gain (loss) on warrant liability Net loss of equity method investment Total other income (expense) Loss before income tax Income tax benefit Net loss Less net loss attributable to noncontrolling interest Net loss attributable to Solitario shareholders Loss per common share attributable to Solitario shareholders: Basic and diluted Weighted average shares outstanding: Basic and diluted Consolidated Statements Of Comprehensive Income Loss Net loss attributable to Solitario shareholders, before other comprehensive loss Other comprehensive income (loss): Unrealized loss on marketable equity securities, net of deferred taxes Comprehensive loss Loss (income) attributable to noncontrolling interests Comprehensive loss attributable to Solitario shareholders Statement of Cash Flows [Abstract] Operating activities: Net loss Adjustments to reconcile net loss to net cash used in operating activities: (Gain) loss on derivative instruments Loss on equity method investment (Gain) loss on warrant liability Employee stock option expense Deferred income tax benefit Gain on equity security sales Changes in operating assets and liabilities: Prepaid expenses and other current assets Accounts payable and other current liabilities Net cash (used in) operating activities Investing activities: Additions to mineral properties Sale of derivative instrument, net Proceeds from sale of marketable equity securities Other assets, net Net cash used in investing activities Financing activities: Proceeds from issuance of common stock , net Short-term borrowing (net) Payment to noncontrolling interest Net cash provided by financing activities Net decrease in cash and cash equivalents Cash and cash equivalents, beginning of period Cash and cash equivalents, end of period Supplemental disclosure of cash flow information: Cash paid for interest, capitalized to mineral property Supplemental disclosure of non-cash activities: Capitalized non-cash interest Issuance of stock to noncontrolling interest Issuance of stock to settle severance liability Accounting Policies [Abstract] Business and Significant Accounting Policies Property, Plant and Equipment [Abstract] Mineral Property Marketable Securities [Abstract] Marketable Equity Securities Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] Other Assets Short-term Debt, Other Disclosures [Abstract] Short Term Debt Derivative Instruments and Hedging Activities Disclosure [Abstract] Derivative Instruments Fair Value Disclosures [Abstract] Fair Value Income Tax Disclosure [Abstract] Income Taxes Disclosure of Compensation Related Costs, Share-based Payments [Abstract] Employee Stock Compensation Plans Equity [Abstract] Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest Segment Reporting [Abstract] Segment Reporting 1. Business and Significant Accounting Policies Investment in Mineral Property Capitalized Development Costs Exploration Expense Marketable Equity Securities and Accumulated Other Comprehensive Income Changes in Marketable Securities Other Assets Debt Disclosure [Abstract] Summary of Short Term Debt Short Term Debt Interest Gain Loss on Derivative Instruments Fair Value Financial Assets and Liabilities Shareholders Equity Segment Reporting Working capital deficit RMB loan due Potentially dilutive shares related to outstanding common stock options RMB warrants excluded from calculation of diluted loss per share Statement [Table] Statement [Line Items] Development (United States) Exploration Total mineral property Development expenditures Capitalized interest Capitalized depreciation EX-101.PRE 10 xpl-20150331_pre.xml XBRL PRESENTATION FILE XML 11 R39.htm IDEA: XBRL DOCUMENT

Derivative Instruments (Details Narrative) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014	Aug. 20, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]
RMB warrants issued at an exercise price of $1.5387				1,624,748
Fair value RMB warrants	$ 6		$ 55
Gain/Loss on RMB warrants	$ 49	$ (260)

- Definition

Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.

+ References+ Details

EXCEL 12 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0`!@`(````(0"LL9\2%`(``*8=```3``@"6T-O;G1E;G1?5'EP97-= M+GAM;""B!`(HH``"```````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````#,F=%NVC`8A>\G[1TBWT[$ MV,[:;B+THNTNMTIK'\!+?DA$8ENVV\';SPDMJBH&0D/:N2&"V/_YL)3O(F=V MO>Z[[)E\:*TIF:S6UKHIRYF=^OT\Y;$4Q=8=K-=.&253#O7M96.B90_F_I=RN0E(4\[QS6A M:5WXE#`8WYLPW/E[P,N^'^EH?%M3=J]]_*[[A,'7'?]M_>J7M:O\\)`]E':Q M:"NJ;?74IQ/(@_.DZ]`0Q;[+QVO>Z]:\1&>ZI_1I_ZNK,#O)U]A*/27773 MI.+JS(>PFWLH/[5I]]ZZD'I%3Z<#O!:'P^Z)2X/(QY9VU>&^"FZ7F#K)TP/? M=8`TM)XUU7NR^=BRSO\```#__P,`4$L#!!0`!@`(````(0"U53`C]0```$P" M```+``@"7W)E;',O+G)E;',@H@0"**```@`````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````````````````````````````````````````C)+/ M3L,P#,;O2+Q#Y/OJ;D@(H:6[3$B[(50>P"3N'[6-HR1`]_:$`X)*8]O1]N?/ M/UO>[N9I5!\<8B].P[HH0;$S8GO7:GBMGU8/H&(B9VD4QQJ.'&%7W=YL7WBD ME)MBU_NHLHN+&KJ4_"-B-!U/%`OQ['*ED3!1RF%HT9,9J&74"T\ MU<%J"`=[!ZH^^CSYLK$SO+=N5#9@NIS]NHFD++28,5 M\YS3$$ MX4UD^&'!Q0]47P```/__`P!02P,$%``&``@````A`%[W0:9``@``Y1P``!H` M"`%X;"]?CA-T/Y\>GWOBM^AC&V M0U\:6BQ-$?IJJ-M^5YKO+U]N[TT1D^]KWPU]*,TQ1/.TN?GP^#5T/N4OQ:8] MQ"+/TL?2-"D=/EH;JR;L?5P,A]#G.]MAW/N4+\>=/?CJU>^"Y>5R;<>_YS"; MBSF+Y[HTXW--8HJ7XR$_^OW)A^VVK<+GH?JQ#WWZQS/LKV%\C4T(*4_JQUU( MI9F&HCW=(5EDS<;^1TY>#UTY]T@.KY7E\!K)D0=E.?*`Y#`IRV%"?;Z+'Q8ZB_I3%S->:)W]AS,8S4:*\-7!IMWT#; MD#8!"1*0M0G(D("D34""!&1M`C(DH&@[6:"517N7"]SF;E8"3C7K3+]IZ*UY MN25"H%O-">3IV4#."LG15@/%D+8:@G)8N[,S[.RLW=D9=G;13BR!B>5F3:R8 MCET^(IX;SND:;232Q@Q!S-"LRW$%9@@&N&@'N,``=]H![F"`JZM!1M8V#O0- M:2\-P1^*M9L6PZ;%VDV+8=,2;00*1*!HMPF!;<)IMPD'VX2;M4VD_*8TG./R M=&E/GY##LVJX(J1@H5G-FE&5[ZI/C6_[\ZI,0PB_VBZ!)B%MWA'D'6GSCB#O M6!LP#`$CZM:!WA'MS2UP=SOMXXJ#QQ76SDJ&6>EF9=\5)'8P%[350#':QIE\ M8R_^G-S\`0``__\#`%!+`P04``8`"````"$`E?L"1A\$``!Y#@``#P```'AL M+W=OMRJ_33HU)/`0A(,PL+:ZN+ MT:<;F*JM+)NU!1#-!+9AO"EZ9\.IRS05[.'@4T*KZ0DNP>R?"0%!C%SFW+)^% M$UBJ+7-NZ+JZKKF`I^?).`E'5YV3]SK(V9K6PJ[`O:,ZQ"M.XWC:_+,)Q0-G M6_.RJ5D&N^].$2&0*;*0EML]N96'Z',%*6RB?@N>16&@+SA\\FOR)"L6!F2*5%@KLT75MN&3&M!E:\HWD0#*5 MEGS,,E4C6])S)'/6-^8.1#05Y%Y#A6F[1QLG`%CGQ7MO(]5/S-)'P+7X; MAB#R>)PSS9^AMI\9P&RL;HO>L1:G/_)8_$2Y)@]4U)B8"4YVY)%W"]VO9&1% M=VY<<'(CC[1%60FU9U`M5F5/!.B"_F?:MD3NH?6T)#3U-SG#H?)86Q94LT*) M'/K7,4^-&-P$/:R#BS#R:%NR35,PY!NK(/;0S/%6#%CD$38,*N#1^3+%P$4^ M<3U4(:9`'W9BBF&+/-KN!I`E*VP(Y@_Z;*^M86I/&($9C#T&>_">V(\9C#T& M3S-\0@9C&7M8OJ!\8BMF,_;8'&;*22B&,_;A[$-UPA2,Y6$R_GX3A"QV;,6. M*1ZD_38(_>$9AGG+?'.D>-%Q#/I_1F]HQ2T5_`=,P#G6P443^ZCV65_LH"'H M0P-8()T$UPPL>JAZ?LVA9W-AR!>J-<4ZN'02C]K!TKE#.E/L5^+1.ZAS@W02 M7$6PZ/GEE*"S:!Q$.F=.?$ZP[(P2LJS+DNI].([0GA`I">0]D>^GZ\SQRV?9Z\UXQ,`#@_F.?5Y'M1QO,)`IRW0 MH[;KPI=)1D4>S-3_O-D4ZFA\$Z.GXU7OT$``#__P,`4$L#!!0`!@`(```` M(0#?2GA-&@0``"4/```8````>&PO=V]R:W-H965T&ULE%== M;Z,Z$'U?Z?X'Q'L"#B$D49+50M6[*^U*5U?WXYF`DZ`"1MAIVG^_8P\!;)J4 MO+2!.8S/G!D?\.;K6Y%;K[3F&2NW-IFZMD7+A*59>=S:__[S/%G:%A=QF<8Y M*^G6?J?<_KK[X\OFPNH7?J)46)"AY%O[)$2U=AR>G&@1\RFK:`F1`ZN+6,!E M?71X5=,X50\5N3-SW853Q%EI8X9U/28'.QRRA#ZQY%S04F"2FN:Q`/[\E%7\ MFJU(QJ0KXOKE7$T25E208I_EF7A726VK2-8_CB6KXWT.=;^1>9Q<M[2VF M?N!Z!.#6GG+QG,F4MI6,"^B<_&)G&0D*KO*1;Q;E.S MBP5#`TOR*I8C2-:0^%H8TFA+O54IE"B3?)-95"XH@D-[7G<+=^.\@J))`PD1 M`ANBA1`=$5T1LA'`KJ4(=9L4/>C@Q]I?&N$0,C,8#1&+#J)Q!.GZ M'.]SD^"M/>])L?#TE4.$X"A)A:/>#6UAR#)^80F&T>LO/#<61LA*]7#FZ\&H M'YPOVZ!&".9Y/"$)-@@9:X8(\14A0Z7HXYA&9_$('0DVZ"S:*M6DAPA!.KYO MJ!=I4:\;.(U2\`@E"38H!08EA""ER;(;4$4XTJ)>%]4HR?=4SP7NCZ\$&Y2Z M64"5$-*HY!I6$&E1OXMJE%:/4))@8T>M#)40TMM1O1O:P@2\I2^&M,3/_48] MI:L2=)6A*@T&IK;U0,]0+FHQTD2]GG0Z1\.V[S>,H+/V]WW0S6;##3'8LKDA M7M1D:&9LUC-WG99AU9_00GO5:'7SV=!"S'W)KA@IV03>J&WG=7+20D%#:89MVY;W0ZTN,+[Q8Q::[CY4(K MUGK9)6YZB9C[O;QB9"_)S?%_R-7)T-8#T]8;S&W1^LX^\6^*9GC[2.\8FGQ@ MFCSI^_B@I?U@-Z7Z^!L>/Y+:T.P#P[)"@AC\9IC,>X:N^A[IQ/P[7"!@.6JIS!G;H#X?`E\"%"4P\.%P_L!H7^A%R#"?##9C7K?4^A;#I@ M2;SN=8+4\+2"7_,%K8\THGG.K82=Y4F$0.+V+IZ20C@EJ2.%TP;@D%+%1_HK MKH]9R:V<'N!1=QK`-JSQF(,7@E7J:WK/!!Q/U,\3'$&PO M=V]R:W-H965TM,&\_KX\?'Q"V;UZ:DJO4?EJ3&:_\94__3YOV[U8FT#_2`,?,@ M0DW7_H&Q9AD$-#O@*J43TN`:[NQ(6Z4,+MM]0)L6I[GH5)5!.)TN@BHM:E]& M6+8N,BH5VT*G,)5Z7MP['YD)&J@1#;HBS8 MLPCJ>U6V_+:O29MN2YCW$YJG61=;7`S"5T76$DIV;`+A`@DZG/-MBW=K_S-:)N'"#S8KD:"_!3Y1[;='#^3TI2WR[T6-(=NP3GP%MH0\ M<.FWG#=!YV#0^UZLP,_6R_$N/9;L%SE]Q<7^P&"Y(Y@1G]@R?[[#-(.,0IA) M&/%(&2D!`/YZ5<%+`S*2/HG_IR)GA[4_6TRBF^D,@=S;8LKN"Q[2][(C9:3Z M)T5(A9)!0A5D!O3J?N@:))!`8GYW*4LWJY:(V MXPR6\.7D=TB\DXD4SLWQXACF)AU?Y=)BBVD^ M[>/*ZI,::65\AR=:@S$R?\)I_C&>#2ZV1A[4O=1H(W<-W%7FYUUB4-R:%&Z5 MPSO9-'9]2XU&TS4(CSL;BD&#P)STI+CAB%XVCUW)2J0!]2TB/^?J,8DLFQ]? M)B2-V/2GJB9J$$!=T;+ M7Y*$LXC!UKY3V5SEO*]2V MO9SM5&UJW6P7UMU$A1!L9A[>Y+_(Q8"52&ZCZ+R/5.UT=CQX97R3!8>\EYTC MNX*52&ULRQ:3_NZ`Z"H+#ETL6(DN[!R9H5XSX+G*@D,7"U8BK7;U%J-B0NZ. MSA8LU/:Z6-49*]%X-CI3'F3C34XI[:^?$2C3.TWESSR./[/)(6^%VCQ-M M\E-!#)\*Q+DZZ&_`2;U)]_A'VNZ+FGHEWD'7Z>0&4%IYUI<7C#3B1+DE#,[H MXN#^>3D"\(X1U%QRP_\JS^0\``/__`P!02P,$%``&``@````A`*CU M[M@\`@``#@4``!D```!X;"]W;W)K&ULE)3;CMHP M$(;O*_4=+-]OG(2$DPBK18AVI5:JJAZNC>,D%G$;T]AW;0&&I5O2&Q/#/ M-_//#)X]'V2+=EP;H;H")U&,$>^8*D57%_CGC]73&"-C:5?25G6\P$=N\//\ MXX?97NF-:3BW"`B=*7!C;3\EQ+"&2VHBU?,.?JF4EM3"4=?$])K3T@?)EJ1Q M/"22B@X'PE0_PE!5)1A?*K:5O+,!HGE++=1O&M&;,TVR1W"2ZLVV?V)*]H!8 MBU;8HX=B)-GTM>Z4INL6?!^2C+(SVQ_N\%(PK8RJ;`0X$@J]]SPA$P*D^:P4 MX,"U'6E>%?@EF2XR3.8SWY]?@N_-U3LRC=I_TJ+\(CH.S88QN0&LE=HXZ6OI MOH)@]\@/XIE')*[IM[7>U_\Q%W5B8=@Z&G*]I>5QRPZ"A@(G2W)&8:J$` M^$12N,V`AM"#?^Y%:9L"#X91/HH'"I3.R@Q:RDV9QKTDN"@+)+Q5`UO^OP`7=5I!F%[PO(EF] M`@``=`<``!D```!X;"]W;W)K&ULE%7+;MLP$+P7 MZ#\(O$=/OV$YB!6D#=``1=''F:8HB8@H"B0=)W_?)6G+DIP6SL46NJT.WF\Z?U M0JQ;(3$NQKR?HTFF)RX[>*"GC,BA1*%]H$N<$(OL^>JL3ABV3Y-]90,!O*9`JP$^+90!]S MLP6'@XO3#[8`WZ67TP+O:_U#'+Y25E8:JCV%A$Q>J_SMGBH"A@*-'T\-$Q$U M"(!?CS/3&6`(?K7_!Y;K*D7)S)_.PR0"N+>C2C\P0XD\LE=:\#\.%!VI'$E\ M)$E`_3$>7TL2.$$VOWNL\68MQ<&#GH$K58M-!T8K(#XEYF1TJ?XK4TC1D-P9 M%LL%22BHSLMF.IFL@Q>PE!PQ6X>!%Z+#1$-$=D*82H"\3B,D/M:80`G?-_\D MR1P:2IJ-[MM>0N*1HDO$[`P9:`3O/J[1'$K1I&=)$D^'$K8.XYK*>)WU-@8* M@*:OX/_N&#`T8?_F)!G=[#!36\YH$0ZCV2":G*,#3=# M*YIWO$Z1PSB/QH+ZL?,YYY";?FXZ<"I+FM&Z5AX1>S/9(O"\VW5#=PM#UXZH MH`O`T&MQ29^P+%FCO)H6<#3TYU`:Z<:F6VC1VI=S)S2,._M8P=>-0H.'/H`+ M(?1I8<9!][W<_`4``/__`P!02P,$%``&``@````A`*9>AH[[`@``80@``!D` M``!X;"]W;W)K&ULE%9=;YLP%'V?M/^`>&_X2"`) M"JF:D&Z5-FF:]O'L@`&K@)'M-.V_W[4=")AM:EY*N#X^G'M\;'=S_UI7U@MF MG-`FMKV9:UNX26E&FB*V?_YXO%O9%A>HR5!%&QS;;YC;]]N/'S9GRIYYB;&P M@*'AL5T*T4:.P],2UXC/:(L;&,DIJY&`5U8XO&4896I273F^ZX9.C4AC:X:( MO8>#YCE)<4+34XT;H4D8KI``_;PD+>_8ZO0]=#5BSZ?V+J5U"Q1'4A'QIDAM MJTZCIZ*A#!TKZ/O56Z"TXU8O$_J:I(QRFHL9T#E:Z+3GM;-V@&F[R0AT(&VW M&,YC^\&+#J'M;#?*GU\$G_G@M\5+>O[$2/:%-!C,AF62"W"D]%E"GS)9@LG. M9/:C6H!OS,IPCDZ5^$[/GS$I2@&K'4!#LJ\H>TLP3\%0H)GY@61*:04"X*]5 M$YD,,`2]JN>99**,[7DX"Y;NW`.X=<1`%X0U20+3J!YY7EH4?+%?O:,C1YBBO$R30=L/HV8+\ M0ON\17(W>!$P=R9K2WK;_^4ZV"U)'B2+X@)#.23E91LL5AOG!98WO6!V&@.; ML\=X8\2^0\BUE+1)1]L5#H."`PWT7<`RF5W,(7!_CTHG6DX:BPX-1;LIQ#`_1(V!47]4W MS,Z+X%"0ET0_`"=\BPK\%;&"--RJ<`Y3W=D2+&+ZCM`O@K9J;Q^I@+-=_2SA M*L<0;'<&X)Q2T;W(#_3_'&S_````__\#`%!+`P04``8`"````"$`V/]K7P(# M``"\"0``&0```'AL+W=OT`UZI1+=;C]_ M6A^Y>)(EI2H`AD9N4*E4NXHBF96T)C+D+6W@2<%%313K;_N&"[*KP/<+GI+LC=O:%"H(MLHF//RV@9 M`=-VG3-PH,L>"%ILT!U>W>,IBK9K4Z"_C![ER?=`EOSX1;#\.VLH5!OZI#NP MX_Q)0[_E^B<(CD;1CZ8#/T60TX(<*O6+'[]2MB\5M#L%1]K8*G]]H#*#B@)- M.$DU4\8K2`"N0`7,VED" M]7G?&5C2,7Y'V-PCXA`O,\`5*_/0`>Y&4RF M/;U)\OX=2(]P$DC'CNR,&+7%U@'^?)#`ZU/BX%K7XMDF`(GA9F;POD2:[`O/?&<6\S\`^?S M:V0UV)=-/%F+&7=6+_J3M^B\/PWVA8;6V=):3&K\W>!DF#"GK$M7]K*75P?Y M\GYG+<;*I\.+Y8AC6!.7FS9H7];O:@?J;"_2OOJNL+>SSE<;VT7DO+')8,F6 MNP.-&XN][?2!EMTYKI;?6D.Y079VIXO94'O7I=XB)S-U67.QW3UN!H-"Y]:" M/FCO5=L*3M_Q5(W:>[JOIDOL]]>>O_9X:LF>_B!BSQH95+2`#1.'U>PE@GWLX]]S+==97CVV#'JB0C'>9$[B^@VA'>,&Z*G-^_KB]6#I( M*MP5N.$=S9PG*IVKS<=)4M,62Y?WM(.=DHL6 M*W@4E2=[07%A@MK&"WT_]EK,.LB7->OE M,UM+WD+78G&_[R$;WN@V+&&J2=#ZJ"6I'=5QP7>-9#W8W")R3.W>3BC;QD1 M7/)2N4#G6:'G.:^\E0=,FW7!(`-M.Q*TS)SK(,V7CK=9&W]^,7J0HWLD:W[X M)%CQA744S(8RZ0+L.+_7T+M"+T&P=Q9]:PKP3:""EGC?J._\$FRJE90[0@2 MTGFEQ=,-E00,!1HWC#03X0T(@%_4,MT98`A^--<#*U2=.8O8C1)_$0`<[:A4 MMTQ3.HCLI>+M;PL*CE26)#R2P/5($H3O)ED<2>!Z(@F741#%_Y;BV;2,2S=8 MXZCX,4F+4]"S#Y97O`%QUSK8-,**`EE/1A$X7)VGN`.I`C M9FLQ\!4-F'"*R%]`1`/$`WV#2/#M_2)UT%1D>#G0FSRV%F*ZSRSDHX6)`'#F M_0)T4.9+69GJ);/B MY>/-((R'T(DDZ/^QI+>UC@Z:24N"@=^:8C&1D;;R_>EN_K?=B;;X?[3IH+FV MQ?3M6XNQVJ*9I_EX,SY%3I0E4V6O%U*#YXI.U;!N68Q5E)Q>:AMZLGEJ_XDB M?=*-1L#KBC1XKF@U\\AB;&L%@3]W:;I]YI,=Y79(M514-*=-(Q'A>SVF0^B* M8=6>(-L@A2\91O=L/8>3Q:Q[PP9,]AY7]"L6%>LD:F@)E+Z;0$\)>S;8!\5[ M,SIV7,%,-[&UL MG)9=;YLP%(;O)^T_(.X3OD+21$FJAJK;I$V:IGU<.V""5<#(=IKVW^_8!@). MH-ENVH!?OSS'Y]@^Z_O7(K=>,..$EAO;F[JVA'C&/847!9NJ'TBFF.0#`7ZL@LC1@1="K^G\BB<@V=C"?A@LW\$!N M[3$73T1:VE9\Y((6?[3(JZVTB5^;!$!?C_NWFC@:2,7WB`3:KAD]65`T\$E> M(5F"W@J,F\`T1AOJ4*00HC1YD"[*"X+@D)Z7;>C[:^<%EC2N-3NM@1W1:KR^ M(FH4,A.`US)"X"9C`"F\OO@-DIS41_)G_>_MKDCZBNA2,3^'U6.$M>LRCK-) M\<:>=9?B8KFT1A>37..H\Z+W9;"Y_``U[S/)4O^_7*2DTP^LYZT9I2O MD4B^2>`.$"[^AU!.,@GG;6;4/MUIS2AA(U&$GANV#KW]G*2 M2;AH_36AUHP2-A)).`BXO`2SPJ#<>WIVKI)=C[\K=\'Z2U2P3\%Q%.LNU2`/ZKE$$46]X MXKOG^/J`5RZ&&P#UH=X]`T/_O`0UH!;5*WB%L#ON#0+*,[NS3<:WAZ=/^"Z8 M/S^?$#68%@VGMCL^&TRM<6G<=@9"AV7N#[]S']:`W;OA6NUUQ[T+0-V"Z1:E MP.R`(YSGW(KI4;97'E1T^U:W?CO9^JGFK1V`SJM"!_P-L0,IN97C%*:ZTP5L M6J9[-_T@:*4ZA#T5T'.IGQGTV!AN6W<*XI12T3S(GJ3MVK=_`0``__\#`%!+ M`P04``8`"````"$`,MZ,Z0,#``!Q"```&0```'AL+W=OFIJYY%P05F[=I$7N`YI,Y;3MER[OW[> M3A:N(R1N^Z#C!N4YJ:C\,@IG?8-JZAB'A'^%@14$SU_,$.7PDM M*PG=CJ$@55>2/]\0D8&A0..%L6+*6`T"X*_34#498`A^TL\#S66U=J.9%\^# M"`'&9C\NCW@B\JY5DDZ%=`"6OJXB=%B MY3]"'[(C9FLPL(MZ3&@CTE<0<0_Q05\O$GP;BXPNBE1)MLAPVM/K.K8&HJ=/ M+Z2#!4L`.#,4\+X["KQVIX/*43BJ?6LP9N"4I>E@P?HRT`R_K/ISN725!+B! M@A@M1[4;S%)W#\U18(?383B,@E-W+76P!8;JWO=%@6U5X139G]T:S-RH6LQ& MHM,WPY:JF:U*>3:%S/?5J21;71R.3-D:3*S535`\5C<,3Z-3U!(W_Q]Q*FDL M;FR=P1CK0-R9NK?CECYU[XT.A,L#IY)L?6%TVLMFLQF,&;@)3-QII,S>L^-H M8+[19XYX.7O?[`)SX M'2[)/>8E;853DP(H`V\.4\/-G6%>).OTD;)C$LYZ_;."JYW`#@X\`!>,R9<7 M=2OU_RQL_@(``/__`P!02P,$%``&``@````A`-G<^L(F`@``C`0``!D```!X M;"]W;W)K&ULC)1=;]HP%(;O)^T_6+YOG(0&*"*I MBA!;I4VJIGU<&\=[S!?/'@^S0GALKM"IQ MEJ08<<5T+=2FQ+]^KNZF&%E'54T[K7B)C]SBQ^KSI_F@S=:VG#L$!&5+W#K7 MSPBQK.62VD3W7,&71AM)'1S-AMC><%J'(-F1/$W'1%*A<"3,S$<8NFD$XTO- M=I(K%R&&=]1!_K85O3W3)/L(3E*SW?5W3,L>$&O1"7<,4(PDFSUOE#9TW4'= MA^R>LC,['&[P4C"CK6Y<`C@2$[VM^8$\$"!5\UI`!;[MR/"FQ$_9;#'"I)J' M_OP6?+!7S\BV>OAB1/U-*`[-AC'Y`:RUWGKI<^U?03"YB5Z%`;P85/.&[CKW M0P]?N=BT#J9=0$&^KEE]7'++H*&`2?+"DYCN(`&X(BG\9D!#Z"'*LA,J0O(3!.XG2)8G^;3(BO'_*21F%`I< M4D>KN=$#@J4!3]M3OX+9#,AO5P2E>.V3%X<02-;"%/85N,_)'EK'3IK%6YKQ M14/`]N(-?M?>OJLCF,W[.?B@$M]C=,DA&^<7?LAS$35A$J\,1Z\-WS?R8DCH MRJC()O\81D^ M]'>M':Q!>&SA5\^A^6D"XD9K=S[XA;W\CU1_`0``__\#`%!+`P04``8`"``` M`"$`$^;4FAL=$`3>CV>.;O4T4#0S?1 M!K_8!@ZG#JF&-R'D5V63IVA:K$I[FU3FROWU]6FQL2TA:I;3@ M%8OL-R;LCX!9EB?LD2?7DE52D32LH!+TBTM>BYZM M3.;0E;1YOM:+A)=)P MP3.Y!#I'"9T^\];9.L!TV*3IW_G%0.W(4^2GKZP@B62I9`YV\*,G#A_QEL_P2D7@H@6@$'$CS[,@X=1 MG"',^'0J)"__4R#242D2 MKR.![UM'XB\W0;`*-^OY+'['`M\="P'1FX`$X>^U..JY6LL>J:2'?<-O%A0L M*!`(#HB[A&8 M0=`P"`%SY@M!,`K!A*&RHSHQCNL9<17":U6O/.)OA^N:#/!@O@P$1_9J]+3^ MP*IT*82J+!0:CTYH<8%D?EP$0R6.XJZ,N`H!Q37D(=`1<8\P\P#WS!>"8%U( MJ(P@=$AM-E00SWXAYK:B+P.AG;@W/>AW._F6=XEZ'. MF!O'ECFRQY5#C"Z/!\Q$%DZ[V5DC:C:.^YH8Y7'L,/\O1_%,:XC<-61;M.&. MT;W'#J/),49`/&`F[N`PG.^.&IV:.V:7$X71Y)A]/F`FS MPV[ZH);&X0)L>34]L\^T.>>5L`J6P:WN$A>R1NV)ZD#RNMV23ES"?M?^O,"? M``8OA^[7L.-XF-;=G_?#/S MS^#RZ2@[=.#&"JTJG"4I1EPQ70NUK?#/'^N'*4;645733BM>X1.W^&GQ\4,Y M:+.S+><.`4'9"K?.]7-"+&NYI#;1/5?PI=%&4@='LR6V-YS6(4AV9)2FCT12 MH7`DS,T]#-TT@O&59GO)E8L0PSOJH'[;BMY>:)+=@Y/4[/;]`].R!\1&=,*= M`A0CR>8O6Z4-W730]S$;4W9AA\,-7@IFM-6-2P!'8J&W/<_(C`!I4=8".O"V M(\.;"C]G\V6.R:(,_OP2?+"OGI%M]?#)B/J+4!S,AC'Y`6RTWGGI2^U?03"Y MB5Z'`7PSJ.8-W7?NNQX^<[%M'4R[@(9\7_/ZM.*6@:&`24:%)S'=00%P15+X MS0!#Z#'^NT_!U%V1D5(:,S!.YG2#9* MQJ-B,KV#0F)%H<$5=711&CT@6!K(:7OJ5S";`]EWEH,_[W<&+?F89Q\40D%M M81J'15'D)3F`A>RL6;ZC&<^N&@+IKS5`WO^OP0=5>(S1M89\5%SYH&PO=V]R:W-H965T M-X7<*] M7]`-SH_<^J%'7]&<,\$V<@1TD1':O_,LFD7`M%H4%&Z@W!YPLEF&G]$\0[,P M6BVT@_Y2Z"%W"W#9#)*I^,$`3Q8$R$?J:(,@WPO)*O^&1!JJ0Q)W)+`;TN"XL$D24L" MOR>2^#9%Z>1]*9&YEO;2`Y9XM>#L$$#J@7#18)7(:`[,RCT)./F\>\`OZLQG M=4@?!;2`F#ZOTC1=1,\0A[S%W!L,E%&'B5U$=@9Q(HE`7R<2_#9!G>6#=/TIEGV6!,PFG+UH)C&6BNMZS` M$#_+,KJ9>I8-9J:CAJ9H[&YG]G:7V7M6@CN"ID,$*;`OR`^0P1A!?LD<]TY% ME;P1(?7^LNKZ[G1JQ6#L2Q;"XYE!(WK M^DMKM'OK?K6TH.E;Y>+LOUTOR&NSE\.AT9Y7>A73@BRWV"NN7[S^^8YUTP3M M+M*O&F1`4*5=>[WQ\Y$9U"7 M1?TV>Z:PCFU5357^^ZAE,#G]U@L)INDA*6.:Z3NU=.RX9P/2.NDBQ@3-3.EF M_JP(WY*,E*4(`3@#6/R^*`^++H/ MOM5_````__\#`%!+`P04``8`"````"$`-LF;HDT"``"1!0``&0```'AL+W=O M':,`2L8(]LY]M]W;"=TD_3(O@0ETI):..J*F$YS6O@BV9!!'(^(I*+%@6&F[^%092D87RFVD[RU M@43SAEKP;VK1F3.;9/?02:JWN^Z!*=D!Q48TPKYX4HPDFSU7K=)TTT#N8S*D M[,SM#S?T4C"MC"IM!'0D&+W-/"53`DR+>2$@@6L[TKS,\5,R6V:8+.:^/S\$ M/YA7]\C4ZO!!B^*3:#DT&\;D!K!1:NN@SX7["XK)3?7:#^"+1@4OZ:ZQ7]7A M(Q=5;6':&01RN6;%RXH;!@T%FFC@;3#5@`'X15*XS8"&T*._'D1AZQRGHR@; MQVD"<+3AQJZ%H\2([8Q5\F<`) M8I(>04"\=P"J;W?@BBX=#(8]O3>YO(6,!CWDPD%ZZ>#?V1TXQT.,^NSI..UY M@W3`^$VX$(*JMT=U13"45X)9-KT2#)BI'T42Q_W3"W58M6OUT7]'[8JNU$>_ M^4/<@/F;>GBKPM)UM.*?J:Y$:U##2VAA'(VA7(=W*ARLZOQH-\K"N^!O:_CT M<=B\.`)PJ90]']Q;VW],%[\```#__P,`4$L#!!0`!@`(````(0!=7C-'#@P` M`.UQ```-````>&POV_CQA'_OT"_`\%KBP2H3R_*DAS+ MP5EG-@=L^=!06FH=)$+.(L6=^6WCYZK?;;#K1/X375M&UG^RG(#WY[K M3_96__;J][^[W$9/KOWQP;8C#4CXV[G^$$6;BUYONWRP/6O[.MC8/ORR#D+/ MBN`PO.]M-Z%MK;;8R'-[PW[_O.=9CJ\G%"Z\)8>(9X6?=INS9>!MK,BYHIIZ9JWO'AW[P>A=><"U,>!82TSVO%!B;SG+,-@&ZRCUT"N%ZS7SM(NHYSU M9CV@='7I[SS3B[;:,MCYT5P?YJ>TY)=WJ[E^KFN)R(M@!2#^]/,NB+[Y0_+G MU9]?O>K_Y^MO_O6#O?KWCU^5?_OQ:[V7L2$TP0;--%_W&\G"SPGE7BK!U>4Z M\(D@8U`3:NOBDQ]\\4W\#9P!Q,/+KBZWOVB?+1?.#!#>,G"#4(O`RB!??,:W M/#NY8F&YSEWHX&5KRW/YSE@)CS92SB2"2A2>;9;)^JI!)X#7>S^L8_0F\8BF:Y9+&J^P7)1T>PRNW%>$3WM_- M==.$'#+H]U&MU&`=,9LM^L#O9,S.QR>3;&2.S(E4R01?+-L-&8Y,F:KA`Z#;$]\3$SRG\Y,0=6C<6BZD*23\.O2(W MWCJ>O=4^V%^T'P+/\E&QM%.+KQ;Z9,'QY),7S"^??.Y9<04B53$[ZKC=(2^7 M)S(M*I-Z[#9;\"?'=?,:>33"*A+.7%U"N1[9H6_"@99^OWW:0`WIP\@"';&7 M7+?GZOO0>AH,XTJ*UV`;N,X*4=POXLHUK1P6YS?FXB;F2Y!Q4=00-SA7RDB]E,-M&A"1_)1-^,\2.9J`G_+:3I-.T[#%D@@*QG-W0;B"&T3978\!CNB27KKV.8.06.O!;[GPM9>UR/XVM(0;3G!O::Y'#\[R$S`3ANU) MC9VPZ(I#GAT,K+J-B=&?&./A>3*PD<3:LU?.SBM+E_.NM!^H$76[7W"B0S]G MDHY\BSFU'EHA-1^S16SJV-+,!N`3F4LP6\B0L9A?YLI(6O!D)`V8,I(67!DA M=*J"*]/D*MC!O<[G!C;-:;^?3.5Q^303),`K/*8:!&E3UN?>)A4:W=NFK:R0 M7TJQ<3W$3UQ%5DBZIT59SCT-*J3)<$T/^$MAN0F`SO=58N[EWR%U'O;'"8Z6V(""82JZD'3KA1ZYJ7M MNA^QK_SG.N^>86;HZO)Q358/P)(.O+V.BQ/P*TR_IE^3KC@Y`%YUC8:UC31K MLW&?/NR\.SLTXW4>,8OX+$[S%D?7<0U1'+]QG7O?L^.Y+3TA\WT81/8RBM>A MQ-/I=7A&-7@&*2$.GF/X&S7\04]L?1S#'^9.*HT(>E'*'YR+S5^F/^"*F]2I MP034J9OPR$0`(^0,`1A!!0)<(93J`-Q3!0(8>60(P$$+!`"GP2N.B8,!R6;@ M`P5+X-\52\@QF90"RPZEK$N_P+]!2E-(OT>IF>1;DI$CV"(>2Y&A-#Z3965SI]I#$#J_P"`3 MG\U:PF2J'>KX+%_D+.F9+Z&UN;4?82B:W!)Z7#^;ZXU'E^D,,1^C.,V:83TM ME6.@IH*NGAR(5-,F@M;!F.F,7N2\HM M+PE+51;I`A_L1B(_1C+C2DG,,KU-"J!.\MXA*L-8917!M5U#*WW(+OBIBY)ZF4A:V,PO$O"\P^Q?Y'B+=*9_SJ\Y:?=-G+63XP*BU4?E)+S;Z8^ MD%FOX(H*974@F6'CYRF.F6O#E$8*5XTJM;!J%$K MROO*W$`ZU1>,DF8,MBZ987F(UB@>V6GB$#P<7RM')L?9#NK893K?"X1-K5_G MC678HCMVJE<*\"6X)P?/;T)A2<'6T)/D]0EC-4B7EBU7ECFR9-.MIOF,VN(` M_."@KI>FQ`9DR29O3<#YMKN=X\)>;[@V&Y?7+^$F M1^!=)R?3!=%-M')W05^GM*`_:$L+*"11,<1'+@@N6(C6EA:P3VB-0%I""W;_ M:$T+'H-):>$#,04N`VK&MKB@24I+U/V8J7NCRH[QHV,%+A29@XO2*NP(FB,R MCD#DMK0*.X+A*"T0N2VMPHZ`D-`R@$E;6H4=P0J4%KA;6UJY'0TP'*$U9NK^ MO-*.HJ_BB(]@BGJ6CA$IA-='+1TPO3Z@4 M]A+]VV#Z=T*EL!30(Q(9\`/'Z@F5W$8C4;L&4[O7UBK+NJ+#8#_#@0$O;5KN M7'B95H"OXHJ?8\*U540@7!+!HO1@+S]I"]B6*B7(,AU)%(8PB$'T'?PXC)X)YH&>DDT)/HP/@#4ADP>"Z)Z M<".#-F2@=8)&]#^L)MN0@=8)&3&I8OW$(?/.W^QR"XFY%+MN#HGWCO_)7HF> M(VH89ZTXE#[8NRBTSH3J?_58;&P7ZSW"5_O%6][EXP%0U,I>6SLWNLU_G.O% M][_&&ZV",Z57?>]\#J*8Q%POOK_''6PABF&@!NGF_19V186_VBYTYOI_;ZXG ML[GADC>WPV&U^_/1L;B^NW;\U9?]A?_`]4AN]!O(`7Z1WQGL'X M?8CP?.;`N-BZ\#;",!4V!?^Q.#?7R4$"/]ZV$F##.H1,B-XV?T_CU?\!``#_ M_P,`4$L#!!0`!@`(````(0"(2F<[1SL``+[*```4````>&POMN'$F6W[\;\#LD!,XN!9!L7B7V3(\6U*U;.U)+*THS7AC^ M4*Q*DC5=K.)65DGB?!HL_`;VEP5LH+&?_13M-YDG\>]_XI*1D5%%LN=B&#!Z MIENJC(PX<>+-^/9]-,'5;,83$>#R6Q:__K!3=T\^(__.JK9GA9 M7PV:G=EU/>7)^6Q^-5CPU_G%5\WUO!Z,FLNZ7EQ-OMK?W7WTU=5@/'U0#6?+ MZ8)U#[X^?%`MI^-_6=;/W$]'7^\^>/)-,W[RS>+)\]EP>55/%Q5P5"^FB_'B MIGHU=0L`]S=?+9Y\\Y6&NN$'U9O9=''9,'14C_*G;P;SG>I@;ZO:W]T[RA_& ME4[NM)*'Y7U],6X6\P$0?C^XJO-)3V>3\6(P'\^J%U^N)[/Y8`'0U=\-KJY_ M5;V?W0PF;.?9;'Z]D[_HIW_&UN>#"5L>U5^JW]0W^;@(]8>;Z][J>[O;_[3R MA7#BWR69\OY'-"JE^-F"'C_7`_F*V=ZI=.P M@QM4OZLGD^T?IK//T^JT'C30U:AZU33+>OX/^1+?S_)?THE^.YLLIV#V!A`F MA;?CV+]OJO?U]6R^@*RKT\5@L6PJ#WUOR7^NFWQ-#[DM4CT#3Q>S>>\03J\& M$X!(%GHVN[H>3'L#_6P\O8(,3A>SX0];U>GE8%XWU=OEPK@-.',@XB%[=/NC M>PEO]`#^I[W;WK;#*K[[;#9M(-@1VQQ53P>3P718`QZLVU2;'T^?5QL/\\E? M3:L/E[-E`WLV6[#QI&Z::K:XK.>?QTU=-=?U<'P^[K/B\WH86?$PGS10UZ!I M6/J7O<>#YM+DP5!_J/]E.?XTF-3310\7KZ:?ZF8A(FZJ\;2Z&LQ_J!>#LTEM M+\%Z33U+<0WL@T5U/AC/*^9:]KCAW;R^'HQ'5?T%"==P6A)'MLT'`V1O0P=0]] M)T,3O4UU/;@1,G+HPAS&-)`ITO]B>U'/KZI1?;;8JJ;UHIJ=5R-87_(Z?]U` MSW_\Z<>??LQ_ZV(J@3@?^+P^KT'GJ+I`<51`U'#<`N&JB\<>N_UN,#?)'.;N M#>!8_=2-X\6-W9W=/1#CR0"J6"XN9_/Q'UA];W=K=]?^7S6.93>G"+!J+/DU MVC]\O/7H^.L` MY%\8O)/1"+*:346^<,0V)S(<7*/D)OFQ06?+J^7$A,FH/A\/QSU:28<8-V$5 M7&$P7,)DXT\UI-?TF-J13:M8[2PN9Y,1ELS__O<__>O_^M-__7?/WSE$W\^P M;U"HL\E$VF`\A:H1$/DPM\(]YG4O!"J#Y^RH[S'!6L'[#O6`35,OQJC:AZL$ M<4;*^9ZRQULMC=\ZTA-[RPGY&RG%KGNV9M%TBJU`N7=;,0YWA+X>`+^76DWUA.EW^;Z8HT!D*]@[VY* M`#V4ROE\FRKY'JVHT=)+,DFP+JYJ=,>(70;"Z2BDWK8X_B/4QSNB5DL=I00[WK#5X<. MT:*BG94%6?4-TBY"-'&."6&GVG2P/>P1P`H"ZLW27Z M3F:?5\IQ+^FQ$09#)-<*.WKT^V7P+F`19"A,@C/:3#F:NXA0.P!.^Z[2)UOD5@GWXNIZ,KNI<>ID*[,1BV6L5"J> MFCRQ0E2K)%*0TAYN[Y/AG&'E]^GCT-4)"CS['(HWLUGP[H>-=7Y?';5.E[W4*1.@CEWM;A$Q$]@$:\39!P]7NGR^OKB=G/>(N*%Z`WEM@O.@#)X'-D M,-N(T=S>`=K"%GAA#".=O[;%V^9QFI+K$W[/S5\#!WIIVV!9PV3/DM7B^`!, MCJM7"94Y\KH[713?)02V0*DT]2>\#P7D@JCI;?/ILB$@@A;609^.+Z9$WH:* M3'OYI3-^1WQO6)`,A2'5?SXY4VA[N/@O^2;W=A30:?_Y MS*Z-D0G#7M06B1`H_3C.DF#\O"(DC_HG`/WM$A:N'A,K0BVY6!#LK(4^3L>* MI)JAVA#P)BIHIH0=T(LO0]-ELC6O>$^)`8/XQ3.!M55]'B\(]#B[@@';ZO/PU&@YTJX@`O1IIS2,)! MJ0AGD&@Z=KPPMGPV4Y)B--,ZW\\^N5#5WM%6M??U\:$V.*@^$VN9W&P3PN?] M9GG6C$=CQ>%E6"$FIT3!F]ER/D1)*[,1-Q4SMY\.'T/SUX M"([FL^7%934F\ON*4Q@C@-[9K-7;5J\7HYTM MHRJ>VE")!C$70/7GM[FW6<,3W$ZEA8V'UE#&"U#ZKIYKS?1,K@8W50T+L+QGSI4PB+'-'+.<`\$RWD$^SUBM,K_] MPB&57]#Z!-+^@/:TG(!3*`RVN0,/!>H91(.'_(X6@30'<_.6%I?(A:`#XOK5 M[V?\1E)UNI">6Y"3$^X2&&#;V6>)\I3P17Y3_1AVRND,P&G6)@$F->IO4PDW#KP,=^$L$T:P>*>)0=# M%FDL,*PY<5:'8[)"!O*9C!5B(8H8QX2'DVXI1UW/%J!-C%K48,$JI:2)%AB6V$$2+`H^51=#HC[36<++UX[-.C4A!VGWZUP MY*AV1O(`'AG#/(L*[ML2I<'.6(LB:"BE@JX0.YYUW;'UB/<#V!J0[S)!*_O' M"&9\A4I!B9/)DW))`K[>"(<(327&T&^KI$0CVCPR`E>XD.%!`Z`I8;CE=+#$ M.Q,OLRW]`EL@/_@!H`75?&0&G5/T+BLG&"$G7!LLYZ:Z<.%6I"?C"2:[=[5^ MU[:`S$C8SS'W=LC'UC?52#$[2:CA9`ES2WZU!KCHS(2".1Z%-00F;7A(8Y,@"[&DRQIX1*SC.!9]#&3[#H.05"R5IQ-F6[ MO#=5%'5L6GX$>BRN#2+^9%879=C`AF<+\'LC[39C).4__?'?FNK$G:0Y@'.)ERI3 M,HAV;[!Q7X9'!4OW_9NGU8E\+\+<`^RIB1BOB0:V[$F&G'P7#5Z]\#YX)<[J MQ%N#FB<#HIYR]1(_Q;W]WE[^+$["F>NBS<6#V,;&4:P(,-ULJU:;3I[+=30C MBW-HTXVL1:F0@LKR,LYJ(5]T[U:M7L\&4V<(BU@$MWZ1>3WBF&'/D^4%.Z>` MS16QI?:#Q"0(9MK1#"F`+'#:MUF>ZU!Y1.@`L8].PK-2P!J;P!:/Z[!?HLVL M-!]@S0&:_#M*`,TL&\V69XMJ<,9NS$YP%28VU5I"?!/EO_;10@GA2"4MS?6U M`";5&";9I%V3W2-N!0]DWM8>G..$]TR1-JYG]1F<V.XW9: MW\U`!0[VHNA"ZGF]$!EEZE_$V*I;MH=5=36^N%RP2ZG(UK;D=)G33, M>!)LU]>2R.1IHU`J6W#2QS19/2'X,;7]")EQ?PQS%-W^M&K+DM-1(3*)MOW7 ML)^KS0=W-8@?$*0+ICWJ$4[R.;Z/IXC@R60P;WK&G_>B8+OAC`"M$)5324M9 MSAM$]J.H;G@%^U955\&1DQG?]1(Q>BDXX+4:_3+BX.#[.#[\'`V[(`&CCQ@H MWAG,;G7.PRP%U/;2F:'.S&*5B1UH>)M"VS0LKU*.G>I=2!\Y6U0F&!.*;/.Q MWGKCC,UWO#%K5ZI&!I5<93,1!1-HDP$(5'[[+!-P$O>([-0JV1;ED9IVOGU2 MR0;-4']16,+^"&@N%Y9L0^"*DRF(0VUT7%(O*V!E3B(D.5.@"B&><*`8-_7@ MRO1^3,OG\#@-A-VWQ`#&L,*G\*K-NRG99$O4.'R\Q+U9C!5G=59V&W>1UI'2 M;R58G+%=`_%MI,`)2"_7$^6B1CTZ_RB!2J"E82DPT\OC?@"UUUW;?86DD[A@ M8P1/'4V4?&(O`P5\XCQ[)Q=[O[5`.-6KP0\6I7&`.0Z6@6WY;.%$$0>"Q$-W MZDY4B^""-4=,HIAPMJE:+UO[!W9)>5'0JG?<*A+V@06*B##I"M)*X/B#AD40 MP4@B5Z(\6IK7+(J+ZL8G^)`,PX7\>*?]X5SS._&*B(T'6T`Z,9Z?#,U@%1#- MD_V?:H0X#F5I$0>T3XBI=ART*-P0%\5]*G"$M0'[_9)J$D7R!?Z0$-H\&)S@ M%6V255#[?$D'J*MK;``(%F'0"6JUN,SGEOV*C?:5N!+F)(D=4INK@0PYO)7/NBC,8F\;,DB(I3.`L4C\G' MOM-R'T^;FN*3P[BWTBUJBFS+@4E0Q%&M*R]B3C_EBJU9%"*F-$W@^$H4,F;1 MW?5Y-;C7V7;+:X""JU!X\#QZRPG'OM>8*]=74[&`R1.]"!+;Q&]JOLH]AI3E M4A$B]#1IY8D&8I_^G!WC*<3B5U`N'.3>D=$[<:)0_ED-BQ)^7%2V#Y%X4%39 MQ$I$R66FW%/B5B.SZ#^L,9U=J328B2.!JCX>%FW5G&PS7EY%&;,SQW0,"3$R M+`=L?,,0+WM>!6>@&AVB$)QB7XR:#(;.8?*J6TK63H2_>YO!V4FV6<\(/*,X MT=P`7PR#44AL3P7U4+XS%\`:4G/)$>3Z1??/?MESI!.ROMN)ONG)^=Z9ME4([9_R M:2)DXX M-Q6U"Y.EN=%&N-INRZ2:HW`T@"`K"U(7AJ,P]#'&Z>@K+T+9UG@D\\?N>@4, MM-.;#&`*Q+>SVIP+;!>A)O*L_,_>)?DTKC_SF\A\3%AF3'8=T2YFQSTC,8"/ MYL3W<#SG2HP":O!CY,Y>#@DP9*M$&(Q>-LEQ@$N5*/`_F#XHL'*R_@)#+ MB2?/T?FWWR=H.3[&1^Q\.`C$5F$"D50>4S@Y?58=[QU5#T[:?)AF24!XU5YI M,.O[NWJ$.KB0?>WKAA]8@8.?RL5V6^!D9DBHCJ#("Q\@`<0@8Z75I0,KSM*F M36Y0.,<%!]_14:#9Y!*C"-N)&LB0D_:S(>CUJX*^OW.W&EC"C(7H6X,+#8&0 MW/47S=2J::%*C^%5A1O"*E;-U#NNEROO5+X\.26.+Q0KFDT`W(;^5M>4J@0F!X`"OAL@M)9.\XYB,E_4BW8M&1&<,X5'<,-DJYA(: M!GT5AO&0RWL[MK;PC5E:YGT$WH?TK!A2HE:!-CEK@[8>T$@86YT"`HG2)!9' MHF'Q6?5-WHBYIHJ%E,"UO(@=I?RBBXL).W>!9=98))EBB7-B%V[49 MF[*,""2T%W\-'%'S;\;3N:XP6)G2LRPCY!\:K7DV@F,$K]*(!`R8`5B"&XQ4 MC63O!2^B\E^6>'RC>`:B";!_2N#F>R70J"#L,('H_(RBQ,\]GL)B7'F1>:7I M`QXR#;<>+=K?!.GO,J7(H,$GTGU"XC8R<+M1*;FXR%D<$1'MQH/A"!\DNL:7A6I3H?:^MD=@AQU9_ MJ>=#N^N>E%`IG?"@.G1TV5UM73V6#N1:KB+R[(+NDB M5(>E[/VPA"(C)DR2*)>)Y,[[(T-`#<7K-859/3L?%6L+]"@27<7OG%(U.@25%:1C=* MY/G+O7_O;[;$6Y2JVAW*N)'@:]<4["!'16W2>FX11"Q*BV@)]:CS&TDP?Y0( M,&=TQ;D4X(R:4'2/W$(N$9(53/'Y$Q4D$;)K8;L<2PBUCPJ/#'#4Z`HJ)/01\THE!#KU9KB/ MB+L@ON@82@R/DHY*UWLF_BC(HM:$8P)6@,O9SHL8MY7!OM0GH M[NO)4N(%\T4,ZD:$=!)Z/7@3'E@G^7Q0.V%-@'`!:WE;[D1/ M015:4MP7-9_9%"X"IL)?"Y6I5,"B1#H*YWL:1Z30!(GJC'J.S=T0(9Z4[L63 M]6#2N*N)/FNF8_;T#!H"_;-?G3N%K7C]WI+5,E'ER]R:G9];49?S%QEOL">' MU&):.X:!:/[B"EV0/^9K.W6!4S/[;/$AI%LDP%@=8,F%R?@'%V9JN,! M@+*NJ[AF/F"*:D9<[I7]3%^=)E**)OQ+O MT"8Y0N0F5:8HE+A$9RZQ3CH#9#TP(K$8GWG^Y-'D;4AO<-#BY)E0O;#?;4A'<0=AYJ6Q+KPO*?:%B\] M)5Y\YPH<#1E[,N((]4ENPESU%^[MN.")]WI<+4]K41)1Q]8@EG5]#=4ZJ%U! M#!ZQ/`6#LKA<*/EWBVBD29EV"V!(O[F@CQF%F#^V?5U`,ND5Z%J!9NQ4IPP4 M!HSJJD.A$3M0`L?35YH8\\'%.387YY53B1^DI%8[.2\&<]U*1$)@WYH=F#/@ M!S:",S8D=.@DPKD[Q2ED3SEGQ-O;GS$-+G4TU*G/=>UKNK3V/)"[ MK6D8X0#;VZ+83'",RY2/EC'%V@GXUVA=[KGTV_^H.)QRA9#Y0$9IP,UQ_#+ M)7HP7:D+@D]5`^3!UN/#8U4A&E?L;^WN\W_^%M6YE:G[/,0*@+JRVM%;S,'E MF3?1I2Y[H!WVMA[M'VK]`#OP=.`L`K$6-Z1;F1@K657K>-&Z="QZS8[9D,9S M,\S;PSWC`MG2F_/!AK$)5<&X'3#=4P'9Q7:Q*QETKZN0-2@!N3N9FYY@`1P,0AW@=X<"XFPM)A)6RXPY=ZQ(@3/4OC^],?_YN_! MI3_#53FSO*A;AQJEBM2>7OZ9?X2 MY]D-^4"=2L,]QL\T2\2]U=-SW7J\\3/HAZ]LXL43,/,.^<->HC1X&77<:8AD M(G#^^[=6*/W,%4K_LGH>0XNRW3Z"$%?O:%ZW!0$1QR\@@`5WU/Z-DGF?I8$3 MF(/R#BQ:G'SE?.V2P>`< MW6T49>4P4M;\?&1N(5%TFLZVLS)BVD34-3L"39 MY"\DY-4Q<*@3[PZ>F(P514/:C[Q&MNJ#:&@(;(Q,[6"G0G>QGE8-(1)9NI9. M1]>X\^*6K>N@`=%9I6TTA1@[Q6I-S2KEE7P]DOC.70G M,?Q;4`!RTEM?+MI+9$%IL$XD7AZ8J1R+1"42QHMR6"SI`?O&YXS?^4K"7!*& MWPE8(,Z=.?F"Z=WE[]67WO>S2^\__7C;2A_@">X^_1JO=.X"[N?ZU\TKUM`6ZIB)`/(C63`B;A87T/XL4A M(HFACN)4=10HXH>,\CRR%6AQA,$5/5I!$CE$C2N=T:Q6.F*9'.%@QEN,AJ0=5 M^B/+M%5/\7Q(W4GSY/(]IJ500P>FLU*X1?')-,/.9]_NRL:#:6E'NB0<:(='&E):-!EQ6>WTL<(1"Q-%QKKEE-:_0V/J4=",BN)DW4C2!/[ MUOJFO3Z74:.LYZ3VR](W;7:'ARE$22ZI$]U`>CCA[8QYHQ;5*$&7L+.5WN8\ M5O9)Y<%Y-\-V)4'1]`H%6^X;T5-R=W;%7[L;>,1T2/^3`X0T0IG_S;&@/DPH>^J$8A MD>9G*3!>@7@W]DN$M[:_:X&`]PNW'<7' M5,O?HKI"M"B.EKFR%L[FSZX%0+&X%2P!Y&(,CN^1U12:+?$9F)%)9- ML6[:@A!RSL4;B2+]47TNW$\__8C@.\I9Y*P03Y/'M;QZO,""R,U0]/;J%DWTP:U:8T M)AHT7SA@<=EV\%4R3Z:LE2SDXP\/5E@[61X84^$6PLAG#I"TL%(S'%*HUE)I M)5"W8<%-N6K!L'#_%`N,@O[&:%/$%[;VI4=1W)2K_7K\]ZW5_%DP#&/$KG?F ML&T(J&T'6>_9P5&!XDI4M6*"TNL.)AVYK#QSN,":RXCPFWQKT-\Q2[#X"GT[ M#W8+P/6)X\)P<.MZ^=Y5J9LG]($WS<03O.>7GSG_WF[!(B"-T4D+)VT-Y.,F M5&K[$0H7!&9SV-UIFOD5/S:1$+N*X8WEO%_I5%5`?#Z9.Z]DZ<"UGN,-$N2Y M==1(;,GRH3G0T@,OE9P'!T7C+C^<=\":+)ROH`#[:[@[.\63,0[$TT! M2E>MD@.5P.N]H>ZQEC"UMWO8ES#?<^B%59-#S)<^+"'\K>C-6?:1M#+1KZSF M.J6;K[.QMWJA$[N*G+\13UVBB!J)Q-4E[*U@V)@0ETP&!ZZ;)4V%K8Z#'_;B MX.D<.21=N9V[/8Z67*%3S]2(FZ#R"/F&&I3-RO>\?%NQ5W1O M$GW=":L,1I^L)"4T&0Q5B_EZ7Y?$ZTL*PBSB8=A].?YBT0]U+3-K.U7$ZV(. M8K6C%4;+HT(LXT4;/Z_.2.'A4G.X*7ISZ+7"X\),]GN!/=*/5;@#RV?RX057_WIQ M4MM"QLP_7\+J1_RM.DN!1-1P&5E&DBJ(NJ6!UC+>+`V<;G%W/+<> MI?2A+M(,C<[<32?+*UKGT\0'"B07;T-M0F-D3<@VZN2(^DT>O95 MM%B87'V\7.*W!XHX==5,2LG_;0GZ0\*`\7;P&;:/CM87X*D>LZZ^WMT><1OQ M]:NG;]_3H8NLK17V'OU"'WJR3\OQ"J$.'`-?R"TH>\^WARX?^K*UE;?0U1:1$E-35*R* MR6E+3^;6KTZ1A>83-'GQWUWRH:BV+X!0',G3IJ-($-=!ZM*)Z9[/HQ/.`OUM MR$%Y_E8"]W0RQY'+!2F,]0EIZV$7&[#E[WNVBZR9/W\=OC^8/RB)30$3_GD: MOVQPYK]EV8E$*$J;3XD)83W]^M;AQB&>?R%Q'18+_SUQ>B?6(*F0P00.8C$2 MN.R8?.GH8VJF_.%102&'%?7?%ZY@)>RSRQ#Y9*YM87\1-=5VXI<617,S%*[I,N..PQ9P369R<0'6+(EE\[1,2@B665H:ZT M7+1ISVN$]5!B8]]9TLOTG$9$5*^"O+>=@2N%2?*!<,RC@MO)SZ5EGJ(NM-70`5'H?3^X8J0F>9V%F[$KT^@I"@.H$J@Y;,79X-VRH4AU-&@@$=:I^(QBF->6,=9+F+_:GNLEOHG4-5D$%-Y3TN2(LK57F=+>2 MSI??MC79GYW%:VX."],0,Y3(I&!8=8P)+[PE+H.$](C37TKSMDS5T(=/=Y:5 MMG67QB03[F25JR026R]9V16+JCV,F$H1,WPO]AK:XV`F^9IX68JM5"2XT];B MYTA:X$TYSQ>P8AFK<]Z2M9O63`O'H72I:MJC]Q=KS[G6;=6H0"$<6V1`%KME MTREP"I=RP0K($;`;>SM'!\>/VXL+UBPM0\^C>%]AX\AU4&;:]K+8EG(C3NFUE^A!:Q"^\!HVL@KN`?FE`1#BB8JQ&UT_B`;=R'-,U#$ M3N5W1`B\X,(M/HX<8WZV0BQBT+PI8=&7J`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`0G_[5\?!QFH#L=X-]%&D:,0ZC\'T;?;Z5L^0NO3MN^1.#8/'YJP=F M#I)S4-(2:6HW&4E3S&`TNQ5AQ?_ZNB8X":W*O<7%1B,F%D\DZ@-SQB"T:T&U M@L/.99;+N3'C#I!;'N4OB9,EG4@^3"T8C-]D_]F^`1['B<$I2_JX12(VDG82 MW/9`-;)1S7F[^\(HL&E7N:US5K<&R!BJ52=^FUWN082X#GB>]4E@ZDP.T+2+ M^H(FOBAI1SK-&-[A_PZ5K;7*]I3`:>Q\UE@B*[`-N@(B``_R.>'%&4*%Q+'GDF"*,4E+V7;]UA"?MP MU2//9PFR9GRN8`>;M4K\5$26_,BAJ[UZT0S5_1;#*, M0@"@]+SC=^0#/D"__T_32"]$LXI,\IU[$LE_+D>AUY[;42'I]"KI$9(OT3Y+ M_(TUU1#'/7>CG:%_,>DDSR?W(EDN[-T:WS";^O#H0F%PB67@6L4/GC)2&%8V M/]<\"A7X0V^4Z+COB`0Q>+;D<\[;X^FV^<7>TS:?2+-&2YJ;!H4H!Z&1)"XJ MA[O]3(H+2W6KXER0*BV6R*)[6MCI#]2#;]>$_X1UX@5[`->B!A)<$N417"'@ M-C![`O<^.B$%/<874`XQ&:3./6=DS6DS+VNP>SZEWD)/RW,PB5"Q@Q2.S[P@W//C#QB,V) M3_.M(1;IV2`D#.P['3Y3@,-+!QGK<^$B?E+K?->(C_D=_4+\TWU)3_T#BTBS M>Q'!E.\1>8.)[A7,.&^42M"[:92!0_02`*/,=N?=]Q%P0F?-Q&!LDQ`83L0M?8HBFJ7:T-(:LL)TQ05$[&'[$BD% MG-_3E#2\NIO;?88E+_HX24X8C>?=D8"H@]&`Q,!_^2;+^[)D`HW&K..>1&H2 M:%:Z77K`IU-[8O(#:./3G(^L?T6N'-].JW]<@NM]V@G;H"[1-DE#5==P0^WL M=1!NL-'*6XNL5VA)^2%0K5@SI@_CTNY&_,=8K2>R-A\\3J?W7)HR]K5]3I9M M:%>V%0QWR%E>"P/[6\=>6`9NXL/LOC>6:S=\ST7$S%!]:2]Z<+"6EO;HVV:#[DY+S!@'5R^2XN2_&UQ=_XIV M3C0GA]U!]+3!V"QQ,2\C@JY1';D M$F'&*I8^'P6:;8F0W@B1`@6P\N;8?Z1T)8;UC34_LZA<'1&-KEC&BHE3`4(H MVOU5S<[#%?0J?*L2LV5!A%6))AOE)&[^*Z2#='29+L>%'J8L!^YAD@>9I\XC M$1A[:40@9@JIQ!,%#@9IUBN11)@^/\<&Z*PE4%>^4J*_A)<\(MR9,'M@:Y,J M@P"1LKHCQ4#+4,97=$V4[ZQ)`^4=?1HW[?+"Q$@ M8VL9`B#./K+AA*+,[,^TZFK)3"5FKML&YZ'.]X2&:,]+T0'EMNWW.>(;B#=+ M1/ANDRU\,J.H@C5Z2;#O;,*?M8>8?XH>8N&??]6?-QS%:@KI&PS'^MO M/N4_/WAZG'%`/H4>9$XB[LQ//[:. M8?9&>7Z%B&K7SL$7N2N#E+WZ9%T@J3QO@GL"CBAF75A'72:7>R[W9H__BZHG`E@(*Z(S&`8:T MU!"A""\%H/]^KX7&Q-%0A>^Q`^R)Z&X*-O1.2%GL!(22A[:M, M+ODHH^;VU(.P`;4<]M1(OQ52=@\E/Z\WB^H[-2]=]*5V^-P,-A3+O06RWHUE MI&7#@4S^^!XL6#8GI5ZJ_STHW^M_Y",TLKNKYB7BED$K]>!HEQ;EG8\ M_HLV=]W<\_JOF^PJM7LXW"N4W1R6+H"^F]?;BA)*JN4H=7+&,%1&ZT$A:&W# MB^MO'![U!,MJ++M"=)](^EMA>+^(8>K'M_8+.N()6JJG.)[0@N.XV-8+#W+O M45_3\,7.:[X".I&'6*_L%/;3CQ7%5,6.6>Z8]&^?^RG`U(XISA$4N4DI&>DJ MF3<^3._GVH/]]%LH2;,WQ%E'%`:)ZVO82[G%+L<[R]NY"?[8"="KXP,B4*Z! MZ1FD8:M30Q?I1%<:[.J!4O"RYOAG[EHKN>41`K:C"TOWH+C`4;Q_[*5&_^%J M>HXH_EM+C<,"3:\&T^2NMPH8I?^EA11_88EV4(!M\62O)%<.CPK6X%&I9R>= M`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`5;8A*;'!C04MM4"W<4X.0MF:QXRZ@\U_.R?<_2*O M+6=BHG`3.0?:DW2XGW43B#L?MV)S]T!E:F;[6UZM=Z^CI5J&*A`2;+X%"!H9 M@SJ4SO3:4N00F@^D@F)'KV&V?)BP\U5PP-)E\X'WV?$[ZHQHMLVO_:NR"MG@=AW3^,R M=V"F5&?&DO851>/]TVAU7DS:87N6]'5F1R3*T9D4BO;=L?`[!^/VK=^-%`JU M!A810%$&6[AGHN:PO`AEWZX^0CY[+/M6(1/1M+L[P=3:[E2A/C)?R1Z&0MS\ M8:DZP]6+96K6E8-EE=?Y;*YDE]K83WCO\1*E>W5I%;JN?$Z?+NH7MK_/J@Q= M/6&L`+0>"+'8+E^Z$*R(&%S)TZ^FY.W]!^Q":11=YE1WR$X'^1H=L!V,5@I2.+M.=-+:W)Z@O\(,Z2>/ M[UB?UC/!ML(W,JQ,:"=4JO2R&PO=V]R:W-H965T&ULE)9=;YLP%(;O)^T_6+XO!A+R MI9"JH>I6:9.F:1_7#IA@%3"RG:;]]SO&28I)RY)?M2E>B9 M2<5%'>/`\S%B=2HR7F]C_/O7P\T,(Z5IG=%2U"S&KTSAV]7G3\N]D$^J8$PC M4*A5C`NMFP4A*BU8194G&E;#G5S(BFHXE5NB&LEHU@ZJ2A+Z_H14E-?8*BSD M)1HBSWG*[D6ZJUBMK8AD)=7@7Q6\44>U*KU$KJ+R:=?R!%K]+SF.9D34%HM,PX5F-B1 M9'F,[X)%,L=DM6SS^YYIHL8CR9>-/5'`>!HPY1^X$82HW2GM*C^6B@X2%F1\"`"QX-( M$%XM,CJ(P/%-))Q%033YOQ5BRVI3NJ>:KI92[!&L/#"N&FK6<;``91//"$)^ M/Q[(Q8RY,X/:H4`K:.GS*@J6Y!G:D!Z0]3D2ND3R#A&=$`+V3AXAMJ['86\& MCO$8HS=OO9G7%K'=-O4DG0O.Q!#(Y1,;&,+K3CPZU=/FMK9(X+>1^9[?"RWY M^+YC"XJ[W):!>[;&/5L6F;:N`M]^7"091!QS\%1<;L[`O6:]K0&;F44ZS>I< M<":>7#.Q@7NI3-R2UQ;YN%D?WW=L3:^Q9>">K6G/ED7<9ODNDPPSCCVSS76> M_^%GR\`]>S-WZK5%K+W1/!Q/)[.YBR2#B&-N?HTY`_?,]69>6V30W"!BS=F] MQKY%&[IEWZG<\EJADN7PSO&]*:Q0:7<:>Z)%T[XM-T+##M'^+.`/`8-7C^\! MG`NACR=F+SO]Q5C]`P``__\#`%!+`P04``8`"````"$`IM%N!NX$```B$P`` M&````'AL+W=O MF[WW(KJ^ENW29Y/0]T1;R77=;I?^WW\]W&6^UP]ENR[WLA5+_TWT_K?5SS\M MCK)[ZG="#!XPM/W2WPW#81X$?;433=E/Y$&T$-G(KBD'N.RV07_H1+D>!S7[ M@(=A&C1EW?K(,.^NX9";35V)>UD]-Z(=D*03^W(`_?VN/O3O;$UU#5U3=D_/ MA[M*-@>@>*SW]?`VDOI>4\U_;%O9E8][6/.H'J\68H']J<>RM_[U^)X^_=/7Z MM[H5D&VHDZK`HY1/"OICK6[!X.!L],-8@3\Z;RTVY?-^^%,>?Q7U=C=`N1-8 MD5K8?/UV+_H*,@HT$YXHIDKN00#\]9I:M09DI'P=?X_U>M@M_2B=)-,P8@#W M'D4_/-2*TO>JYWZ0S;\(8IH*2;@F@5]-POC-))$F@5]#PK.$)>G74@)'TK5R&P.S!^G!?*AL-\5>!P"*^ZAEB\K'BV"%TA_I2$Y M0F#W&(B+*#Y`)"=(`+).VB!=MC95N@@:X'.-:A#1&)_HQV7D",G&$JEU%=8- M1P`DQ!;P^<0*O/1C>^4IF1@AV&;CQ-8-9V)@N7YB!8;,V!-/R<0(F8TEB_C, MC19V-$M-U)$$W6Y+NJX8:A"1EKF3YPB9CM+8E(5NN+##/`K-:$=(+ET\R\RTH^C"C:>I690C:W:++`4FLKB;C!PA6A:S6@95 MN>'4&)@CBH'17)^L$4UD&6(LH<9H71E+B3L4+F`67NHM=IMGH]_"'C\Y,R"_<>)::3>(*5"9K"?PB;VC)CC"RNW*&&$P,V0/% M*6A5_8)WJK>A&Y2=6WI$W7-D7/J8LH2?N16)AZ;D;LJ(JU]9TW-[MS:2;CG$ MH,!I&!IC0HM@%^.NP)MAHPF3;.\(]+DTG.3D^?#=9MV'$7R1]H_UQ@M`5X5:?,1`.-F6[OY M4ZY_M15SA2;2J!5K#$I+HXALZ\*)3SF_5-B;GA'\_!D1DY3D&H-;X2ZF>[J@ M<2/LSIM`D8_01H;Y8`8,92[*,Q`LGGDZS2\+^UR,"SANHP,3TBMX2 MB,%/)O;!VYHFT8`/WM;P2`(_MAO1;44A]OO>J^2S.F[@\&UQNHM'(3F;YUQ] ME)+[A3HB4?>#4P!.*`[E5OQ>=MNZ[;V]V`!E.%'^V>$9!UX,\C!^"S_*`&PO=&AE;64O=&AE;64Q+GAM;.Q93V_;-A2_#]AW M('1O;2>V&P=UBMBQFZU-&\1NAQYIF9984Z)`TDE]&]KC@`'#NF&7`;OM,&PK MT`*[=)\F6X>M`_H5]DA*LAC+2](&&];5AT0B?WS_W^,C=?7:@XBA0R(DY7'; MJUVN>HC$/A_3.&A[=X;]2QL>D@K'8\QX3-K>G$COVM;[[UW%FRHD$4&P/I:; MN.V%2B6;E8KT81C+RSPA,S*A/D%#3=+;RHCW&+S&2NH!GXF!)DV<%08[GM8T0LYEEPETB%G;`SYC?C0D M#Y2'&)8*)MI>U?R\RM;5"MY,%S&U8FUA7=_\TG7I@O%TS?`4P2AG6NO76U=V MJ^>?__J^5/TZOF3XX?/CA_^=/SHT?'#'RTM9^$NCH/BPI???O;GUQ^C/YY^ M\_+Q%^5X6<3_^L,GO_S\>3D0,F@AT8LOG_SV[,F+KS[]_;O')?!M@4=%^)!& M1*);Y`@=\`AT,X9Q)2"M.69EN`YQC7=70/$H M`UZ?W7=D'81BIF@)YQMAY`#W.&<=+DH-<$/S*EAX.(N#UO5D"53,+2L?VW9`X8NXS'"LY1ZMAUC_J"2SY1Z!Y% M'4Q+33*D(R>0%HMV:01^F9?I#*YV;+-W%W4X*]-ZAQRZ2$@(S$J$'Q+FF/$Z MGBD".S1P1%H$B)Z9B1)?7B? M-AOZ'&(KA\1JCX_M\+H>SHX;.1DC56#.M!FC=4W@K,S6KZ1$0;?785;30IV9 M6\V(9HJBPRU769O8G,O!Y+EJ,)A;$SH;!/T06+D)QW[-&LX[F)&QMKOU4>86 MXX6+=)$,\9BD/M)Z+_NH9IR4Q>Q,O91&\\!)0.YF.+"XF)XO14=MK-=8:'O)QTO8F<%2&QR@!KTO=3&(6 MP'V3KX0-^U.3V63YPINM3#$W"6IP^V'MOJ2P4P<2(=4.EJ$-#3.5A@"+-2[\JIB4OR!5BF'\/U-%[R=P!;$^UA[PX7988*0S MI>UQH4(.52@)J=\7T#B8V@'1`E>\,`U!!7?4YK\@A_J_S3E+PZ0UG"35`0V0 MH+`?J5`0L@]ER43?*<1JZ=YE2;*4D(FH@K@RL6*/R"%A0UT#FWIO]U`(H6ZJ M25H&#.YD_+GO:0:-`MWD%//-J63YWFMSX)_N?&PR@U)N'38-36;_7,2\/5CL MJG:]69[MO45%],2BS:IG60',"EM!*TW[UQ3AG%NMK5A+&J\U,N'`B\L:PV#> M$"5PD83T']C_J/"9_>"A-]0A/X#:BN#[A28&80-1?F#R`Y+<&ULC%7;;N(P$'U?:?_!RGMS@T!`0%6HNEMI*ZU6 M>WDVCI-8Q'%DF]+^_8YC$F+HA1>([3/'9\Y,)HO;%UZA9RH5$_72B_S00[0F M(F-UL?3^_'ZX23VD-*XS7(F:+KU7JKS;U=+"WK.B!1*Y-H'NL`*OBQT0N8M,A3"5`7J\1$C_7.((2OFU^)\D$N9+BL7O?^@V(B]A<(B9Q M#W$T@G=#C1]K,V!H@:$5:=+SMI:N+<8VD_%X,]AP;AZ[-YL*CM]MS*["8OCU"5R!,8T-AC\=Q=#JVZNRHM:.(4UG0#:TJ MA8C8FS$:0=/UNW;"KV'"M_,PZ`]@PC:XH$]8%JQ6J*(YA(;^%'I"VAEM%UHT M[238"@VSM7TLX5-*X:T*?0#G0NAN869/_W%>_0<``/__`P!02P,$%``&``@` M```A`.*^YT7K!```JA4``!D```!X;"]W;W)K&UL ME)C=CN(X$(7O5]IWB'(_!`<"`0&C@5;OCK0CK5:[,]LU.27[;N?_\^?PE= MIZRB_!2E+*=;]X.6[M?=[[]M[JQX*:^45@Y$R,NM>ZVJV]KSROA*LZB3,BBRJX&MQ\=L%(=EX;Y#26&KVJ($WHM%HBD.MX"L!]AJ/,''=XPR6L#_YM25^DVK) MGVN.>B2JXF`J%GXC43Q"[KH>Q[UQ,91`)Q5!V,85*=VC!JJC2=4 MK$2^H9":4<78W,88%ZO&2-C&16.HP2KGBW_H7%">#-X?3PD7JT]>Z,N%DM&, MU!*]@A8V5KA8M1*$LR:YF`34C'H9E2B)6MJXXV+=G5X[J!EU-RI1W/$]K$.( M\#"=KIIQ MQ1-J'6G>DOGA0-6U,%(]XTZ(\O*4$L=VE%EGK%25&'"MTK:F8TG'_R M=$1P]^D&&`AJ`K%F'0XB)971>!;D!":K"0 MC%.#,CIT:O"M<"[4GX*A!O8(NF2@`7BH:;,BNV^2O0<,-=GYEC+WC3KO#@=A M>WQ6?5DQWS>9WP.&&OK"5Z`W%V0,7.Y%YUBA^.)]A<>+7*CU%=7!($7UZT<6 M;4H0I8H`&GO+]C51O5E!'MIA^@L8&+_EI4BV$,(>;Q@%!7W>L&6&+:6,%A=Z MH&E:.C%[Y>TP`D?RYBJVZO;0JA-]+:\9@$[9+;K0'U%Q2?+22>D9;IU.EE#@ M!?;:\$O%;J*C&ULG%?;CJ,X$'T?:?\!\1Z(";>@)*-)".Q(N])HM)=G`DZ"&G"$ M2:?[[Z=L0X(KV59Z7YIPZOC@4RZ7W8NO;W5EO-*6EZQ9FL2:F@9MVX/-3RW-"CFHKFQG.O7M.BL;4RE$[3,:;+\OKB=Y[GMMS&Y16BZ($!R+M1DOW2_,;B=*Y M::\6,C__E/3"1[\-?F27M"V+/\J&0K)AF<0"[!A[$=3OA8!@L'TW.I$+\*,U M"KK/SE7WDUU^I^7AV,%J>V!(^(J*]YCR'!(*,I;C":6<53`!^&O4I:@,2$CV M)I^7LNB.2W/F6UXPG1&@&SO*NZ04DJ:1GWG'ZG\5B?122L3I1>#9BQ#7/XG5&:]"CQ[%<=]>@K`E#[@^?]]@&,I`L]!9&:%GN?Z8?!\-OQ>!9Z##\\YLY,N&5%WS!57\?+X$&>4KF.K?7BM.*+>,2/(&`S$&MAA(,)". M`&WVL'O&LQ?]8`9=Y>-5%X.`IZVHCUPHSES6Q&R.UFDSCGJN1_!:C^,3U_=\ M)+#5"(0X*(F)%G==5&_I..P'X2VL)0>ZP^>3(P;AY`0H.8H3],EQW,`/T:[9 M*(KJP:(*8@QL,9!@(!T!FB]H3F-?'R^V(.M^7(*VU%IQ;I/=#(#H",1#]N,A M*LX7X6V+@00#Z0!@0J@*MT-X,)H, M@.3?JDYF(=6"L"FN1:.9A)X\-OG$%[UY>?7BC-RBX$8`]L!D':\ M.5),AO!@/QV`.[[F4-PUGSZ!!!D[0WMIK3C_U8O&43B[1WU>YB4>QR=N,"6X M%VD$$A".P%XX:@9:4^6>2(L@H*2&JS;7B?-B#%.56$3$&MAA( M,`"763$5J:'\J+NING+4M#W0#:TJ;N3L+.Z=/O3$*ZJNQ&L2P9D(-83P#8G@ M:+S'8Q+!"7F/;TD$!^4]GI`(SLM[/(6KN,3MZX?A*GS*#O3/K#V4#3X7\>"KUN:@%YSU@WO,"'[>M_4:M?```` M__\#`%!+`P04``8`"````"$`^N+U3NX"```K"```&0```'AL+W=OB'2N-Y\_K4]\(36LY%PPK.!2%*YL!,%9V\0J=^YYH'IDI%:& M1)`**]`O2]K(CHVE[Z%C6-P?FXN4LP8H#K2BZJDE=1!+H[NBY@(?*O#]Z"]Q MVG&W%Q-Z1E/!)<_5#.A<(W3J^.AS>BTFR$>3W&B6E@L2D+"U#YL@ M7*S=!]B/](S9&@P\33W&'R-V'4*'KVF3CK8K[`<%%PST+B!7V\4")N3EO>U$ MZZ:QZ-!2M)U"YI;F*2*T(,D4$H3+,879LK\M7Y[CSJIMB!R:G M#W^QNNSYV[2W!F-F7\>_LPN)7=@/"B.-<"-;X]O[H9O@J1IH#,+0TF@P5^V( M^<%JO+H;K@96:V(6G^WM!X61>`CSX^)UDRW>DKTP,9N#"%(SHP`LF\V\WP"FO[](R&,GFT#;G M$B.B(#M251*E_*@/9!_BZ*OF7;'U(S@M]''?+\!9W>""?,>BH+5$%#,`YYZJ[T#?H7_.;?P```/__`P!0 M2P,$%``&``@````A`+4@+7\Y`@``$P4``!D```!X;"]W;W)K&ULE)3;CMHP$(;O*_4=+-]O3`+A))+5(D2[4BNMJAZNC>,D%G$< MV8;`VW=L`X525>Q-$I-_OIE_9LCB^2`;M.?:"-5F.(X&&/&6J4*T589_?%\_ M33$REK8%;53+,WSD!C_G'S\L>J6WIN;<(B"T)L.UM=V<$,-J+JF)5,=;>%,J M+:F%HZZ(Z32GA0^2#4D&@S&15+0X$.;Z$88J2\'X2K&=Y*T-$,T;:J%^4XO. MG&F2/8*35&]WW1-3L@/$1C3"'CT4(\GFKU6K--TTX/L0CR@[L_WA#B\%T\JH MTD:`(Z'0>\\S,B-`RA>%``>N[4CS,L,O\7PYPB1?^/[\%+PW5\_(U*K_I$7Q M1;0\ M.*ZX8=!0P$1)ZDA,-5``7)$4;C.@(?3@[[TH;)WAX3A*)X-A#'*TX<:NA4-B MQ';&*ODKB.(3*D"2$P3N)TB<1J,DG4P?H)!0D3>XHI;F"ZUZ!$L#.4U'W0K& M$'VT$)VTBSO-7\4!))?*H"L[Z_` M!=U6D(S^*N!>,DXNDIL*AK<5_-^[$V=XA-'%^W`RO'!]?Y9!XS?A)A%$O=^J M"X*A7"5,KXR$A$$S\Z-(IN-+.2%[V.LP]HY6_"O5E6@-:G@))@;1!)90AZT. M!ZLZW]R-LK"-_K&&CP^'V0\B$)=*V?/!_6\NG[/\-P```/__`P!02P,$%``& M``@````A`)701P?(`@``>`<``!D```!X;"]W;W)K&ULE%5=;YLP%'V?M/]@^;T02"!-%%(UJ;I-VJ1IVL>S8PQ8Q1C93M/^^UW; M"0'23>E+@GV/C\\]]W)9W;V(&CTSI;EL,AP%$XQ80V7.FS+#OWX^WMQBI`UI M)-T+UAA/HEA-#.C7%6_UB4W0 M:^@$44_[]H9*T0+%CM?0@;4=*59D^#Y:;N,]*5/'Q2//_* M&P9F0YEL`792/EGHE]QNP>'PXO2C*\!WA7)6D'UM?LC#9\;+RD"U$TC(YK7, M7Q^8IF`HT`1Q8IFHK$$`_"+!;6>`(>3%_1]X;JH,3],@F4^F$<#1CFGSR"TE M1G2OC11_/"@Z4GF2^$@R!?7'>'PM2>@%N?P>B"'KE9('!#T#5^J6V`Z,ED!\ M2LS+Z%+]5Z:0HB6YMRR."Y+04)WG=1+%J_`9+*5'S,9CX(7H,-$0L3TA;"5` M7J<1$A]KG$()WS;_),D>&DJ*9\/[-F]`AHCM)2(]IS70"-Z]7Z,]E.%9WY(> MO[-VXS&^J:S7V][&0`'0]!7\WQT+AB;LW[P8E6/C,0M7SBA)1];TH[/;I(L. M-$%S7Z_)@L>:QB7SF,1K2A?=K[?O!N8/"Z,15V`1A\+2G9-Z)*WFA4LP*.3H(Y5$?Y MT>D71K;N!=U)`R///5;PA6/0Y),`P(64YK2P(Z'[9J[_`@``__\#`%!+`P04 M``8`"````"$`0#R7JJ0"``#A!@``&0```'AL+W=O<>SCWWN;:"-5D.(EBC'C#5"Z:,L._?CY+\F8LB.W7YS12\&T,JJP M$="1(/0\YQF9$6!:+G(!&3C;D>9%AN^2^7J*R7+A_?DM^-[TGI&IU/Z+%ODW MT7`P&\KD"K!1:NN@C[E[!<'D+/K!%^"[1CDOZ*ZV/]3^*Q=E9:':$TC(Y37/ M7^^Y86`HT$3IQ#$Q58,`^$52N,X`0^B+_]^+W%89'DVCR74\2@".-MS8!^$H M,6([8Y7\$T#)@2J0I`>2$:@_[*>7DI`@R.=W3RU=+K3:(^@9.-*TU'5@,@?B M8V)!1I?J>YE"BH[DSK%X+DC"0'6>EY-DO"#/8"D[8%8!`Q>BPR2GB/41X2H! M\CJ-D/A0XPA*^+;Y1TDNZ%12.E3T!F2@Z!PQ33O(B4;P[N,:75"&QWU+>OS> MVE7`A*9R7J][+TX4`$U?P?_=<6!HPM[):7S3919.#IB9+V*-/V((`<>"AIV4,`$B]+)0%%_ M<_S/OV!1A*DJN2[[F=6T04SLW1A)(L7L;)MP*)IR?!Z3;@`G3TI(_45V* MQJ":%Q`:1]=@A0XS*BRL:OU-V"@+L\4_5O`IX=!-<03@0BE[7+B[UWV&PO=V]R:W-H M965T;]^_61R&?5,&81N!0JQ@76C>1ZRI: ML(HH1S2LACN9D!71<"ES5S62D;2=5)5NX'D+MR*\QM8ADM=XB"SCE"6"'BI6 M:VLB64DT\*N"-ZISJ^@U=A613X?FAHJJ`8L]+[E^;4TQJFCTF-="DGT)=;_X M(:&==WMQ85]Q*H42F7;`SK6@ES6OW)4+3IMURJ$"$SN2+(OQO1\E2^QNUFT^ M/S@[JL%OI`IQ_"!Y^HG7#,*&-ID&[(5X,M+'U`S!9/=B]D/;@"\2I2PCAU)_ M%<>/C.>%AF[/H2!35Y2^)DQ1"!1LG&!NG*@H`0`^4<7-RH!`R$O[?>2I+F(\ M6SCSI3?S08[V3.D';BPQH@>E1?73BOR3E34)3B8SH#_=#_[9)#R9P/?9)`SF MR]LK4%Q;5IM20C39K*4X(EAY`*X:8M:Q'X%S%X\MI@_L3WE!4,;DWKBT7A"% M@AX_;\+5:NT^0V/H2;.U&MA6O<8?*W:=PG3!V":=K6DP\/;0D.<4>@8KX_<] M[1C-I#'C8@*PO90$$\1+Q6(B22XE<\_K;49UP'H8UO%W?B..,?3HG%\P>?;6 M:NPZ-@GNI@/)8&"$`K[7HQ@Q;(0!RMR;9FDUJW8QS.#,ZQ-H6[NSM\^DR6!@ M!`:[['HP(YZ"33.RFO.3=].!Q`Y8=.C=&7T$MAB#F9WS]B(TDZ:`LW$T6ZM9 MVN26X>V0P(8W5`1>`.F>&>W.L8JVR!'T\G^@S:0I=#B!MAH+[2^"$+C'BMV; M"G@-F.<,H.VI;L^KBLF<[5A9*D3%P9S8/B34C]J7R=:/X!0QQT5_`P[SAN3L M,Y$YKQ4J6093/6<)39;V=6`OM&C:TV$O-!SC[<\"WMH,=I'G@#@30G<7Y@'] M_X#-+P```/__`P!02P,$%``&``@````A`'=5OY_Y!P``'",``!D```!X;"]W M;W)K&ULK%K;CN)&$'V/E']`?E_PE0$$LQK,(,U@)'MV=G]^U3UQ>[J\C`PR=OQ\/H:U$W M975:><'8]T;%:5-MR]/3ROOKSR^?9MZH:?/3-C]4IV+E?2\:[_/]CS\L7ZOZ MN=D713L"#:=FY>W;]KR83)K-OCCFS;@Z%R=8V57U,6_A8_TT:E4U?GC`>S^%L3YQNB6'YCZ8[FIJZ;: MM6-0-U%$N/ZF*W\AZ"118'WN1^*1WT=UF\-M;_1\V^ M>OVI+K>_EJ<"O`UQP@@\5M4SBOZR10@V3]CN+S("O]>C;;'+7P[M']7KST7Y MM&\AW`E8A(8MMM]%T6S`HZ!F'":H:5,=@`#\.SJ6F!K@D?S;R@OAX'+;[E=> M-!TG=WX4@/CHL6C:+R6J]$:;EZ:MCO\H(6E1IR322N"O5A)$XW"6!,D4M5S8 M&>N=\-?LC/OC+VP$M9(W_-4;9^-9DL33V=W@B1-EMW2CR-O\?EE7KR/(3;"L M.>>8Z<$"=AK_J:,[C[[E4/`D*GE`+2L/+A7XJH$L^'H?SJ+EY"M$;J-EUEPF MH!*ID<`PH5KA`ID%3,"`S@H(W_]@!6I!*\SY:P-89CF4C839(EP@LP!"&9+% MI1Q!^@\GKO$S;EIYD"V6GV-*::UD(I6BZ,:4(8(AF8T0GG"8S?,R/Q2&3+HC M!-U$4$+QE`@EU(JT$^H\RY#,1@AG2.3K.:.PY&Q.6BLDBKM$2!DB&)+9"&$# MAE[/!H4I&X78\62(8$AF(X0-Q.9Z-BA,V2@D`F.M%)PZP>N$C$L%0S(;(02Q M-5L5Z7+"H3`EJ!#;70P1#,ELA+"9W\(&A2D;A=BIQ!#!D,Q&")L`*L3USI'2 ME(^&;/=P2'`H(Q#EA$79"IAL(;'LM[KU7=]&5'V'^F$29QTH"#QH)]R=DW"] ME-DH.)01B-J`5=JRX7+2!:JF$YH*2M2,(:NNEK(@P:&,0)03EN3K.:D"3CCI MFDY=-W-=UTGUKF-0%M@0I8E5^'J:JF83F@J*^J"G@9:">V!5F3EE+K04CEAO M2V7O25%CL(A?;XPJ^<08!260#CVGN4^9ISBA0J$(B7US9QP21@HJI:4KI+HR M(P4J+:F^YU+[L"U8]JEQ;XPS8[LO-\_K"G3`C1O(_PC&.CWLJ=Y"S%80F&V2 M*`UT!Y+SNQ[GM%34265:*J8V]B,-98\]PV(_P!*2H:.I.@RAJ2$:'7?T@!TR M.N`'RZ-.CQ-:*I[)DZ)F8Z?[SV:C$J?-:<@V*/*="Y8&2HJ8'?G. M!1-:*@E4H&=.NF1FG;KEC0L8WM3`I32U3$/V1,$AP:&,0"0((;98*PB7KY64 M=CCI'FV7H,CO+[&\_:G>"*.CJ1&"0QF!*$T(Y@TT4=JAJ2![]L'0@Y0%"0YE M!**[SK51.W[&=I]5?N)08)+902BG&YJR"%OR!JRG))R2'`H(Q#EA`W/ M\A.6-[A0M\Z'V.K=H"J(S(>1[]S15&^T;HW@4$8@RA\[E\7_G2NB^AR)L^Z& MUK?RD$&"0QF!**>;NF'(NZ&&K`$UY9#@4$8@R@E;Q/5^TLVIG_S6H>XQM)0X MO3?MI?I2TFTT4$:D*$VG[;P33MY?<'*#1,3@=*TPF+*LTU+@^E[*'0:%T26] M0&CB\Z#KO2FE:<73$-`T3DD-1#A-'0>+7@HV4DY.L_C0H`*EQ;W'!NJ?OJ4: M@L8E'RCZ@>-?P03ZED,Y.YWC8YQY0XDT!*G7Q3?R^PE/U7,M!8W-!$$0B%*] MJ:%$O*$8B')R!SXME4#QMYB[`]^@5-`/?)3Y36T'Z[53R0U$F`?NS*:E<$RP MF/>-]Z0H\X'F%$[Q?<$-7XKPB9AKD(:H0J-=`@-^O%1&Z1TO2E% M#<+.8E5AS/"SJIR(M#H=FM*E>\)4JM(?[90>K][WKN'OAZZZ$R0(G;&#% M5J:P(OFRE3M8D8,16YG!BAP6W)5HOL`,&3@G]N%EM'P>Y>Z!+8,[`M@!3[X' M=`5@)SQ/'EH)844^"'-/"2)8D0^_W)40SH$YAVN#]^C MATY^B!+-0RS?$\**SAZ#ZQ$_@('8+ZR#B'H:HYC`42_#SH^!,_# ME_4A;>!B^,H,*Y-.'?PVX9P_%;_E]5-Y:D:'8@<7S9==HE:_;E`?VNH,U0E^ MH5"U\*L$^=\]_`JE@->]/C;Z756UY@,>T/VNY?Y?````__\#`%!+`P04``8` M"````"$`I1=7:#(%``#[$P``&0```'AL+W=O%0:M;9[4L<'0Z'AV>&PY%6GU^SL_4BBC*5^=KV)JYMB3R1^S0_KNV__GSX M=&=;917G^_@L<[&VWT1I?][\_-/J*HNG\B1$9<%#7J[M4U5=0LE)T=WW7G3A:GN:T\A,4M/N3AD"8BDLES)O)* M.2G$.:[`OSREE[+UEB6WN,OBXNGY\BF1V04N'M-S6KW53FTK2\(OQUP6\>,9 M^W[UIG'2^JX?!NZS-"ED*0_5!.X<172XYZ6S=.!IL]JGV`');A7BL+;OO3#R M`]O9K&J!_D[%M=3^M\J3O/Y2I/O?TEQ`;<2)(O`HY1.9?MD3A,G.8/9#'8'? M"VLO#O'SN?I#7G\5Z?%4(=PS[(@V%N[?(E$F4!1N)OZ,/"7R#`+X:V4II084 MB5_KWVNZKTYK.YA/9@LW\&!N/8JR>DC)I6TESV4ELW^4D=>X4D[\Q@E^1YR\ M,S%H)DZ[B1X4&$YP%.M:A"BNXLVJD%<+F05>Y26F//5".&EWKSQT>OR7'-"! MG-R3E[6-(X&=EHCARR;PIROG!;HGC2'2[7+;%NAWX1L,6XMV2J0!C"'B8C(,$)CQI&I5I$EK&U'05)QQ!EME$ZCT M(9%V`R32$<8*KG56[[,A8V3%@M$Q@ZJ,IG-F-.><=YU1)YN.,(8X,KMWJY!@VL5T-T`B'6%K8Q.WKTW&?&V%!'"OA6]A2-$9M90C'6%T(/SM=,B8 MTU&(+L4`B72$K4V7FUD5_,4$>_M@82!'G)="9ERF.T.FSJB324<8U26G^GY. MDS&GHQ#0:5?:#9!(1]C:5&L'.KFH"1]4J?;#>360H=/2T*FW:NE'#.)LJ9QJ M47U?*D\57YS_UO6V@?2<&D(1@S@!JI:W$U"UE1%0$#]C@6N*TEFUS"-/AS@G M*I:WSM-58X9306!9IM$.Z^!&*>YT1U$O=6`$Q5>C9-J3B<+I$9U M2I.GK<164:9&)`W0A#:MJ:K>C&H#]:W?SE.0[];-J^]ZAK[1P*#OA)B.\/#C MG&LG_-2T$"3MXAL$@5'Z&BL?HFA6/5755H];]3OF&_K0K4$K&^>]A3AS(PMV MC=6,5RJC?8K&K?KN@3.GHO^CZ>.KFT-/GQ;B&S*OYL:*?OI03,T#.6[5%VB^ M(>.N^J[S@'?I080:B&UH:E:]9J*Q(2,#Z56]KD-\VWT&J@VIMW'U(IJ)XBAV MXGPNK40^TYLVHKQ9=;#Z#+#U_)"N<=2(P4B`D?H+P6!DBI'Z8AZ,S#!2-WV# MD3E&ZB)FCF!@%%^$:*1'>-V%45UA3#_+$!WEB+WG8N7Z8X4YP\,W$+158W,6 MX18%=#B""P%SQGBA+&-D;`X^M=R/*XP)(VML$9)1>P1D+![W4_@?&]@B3J-A M0I3J(#F=(OCT&PO=V]R:W-H965TT@3^KEW%]KO)TVPXZ'L;^9!*-CVEQ76+C7*W*[(\+K.W8WYJI)$J M/Z0-Z*_WQ;G6UH[9+>:.:?7Z=OZ4E</8["T6FP+\`##[E3Y;ND^>7,1 M^.YXM6@#]$^1?]3&_YUZ7W[\4A7;WXI3#M&&/&$&GLOR%:E?M@C!X#$;+=H, M_%$YVWR7OAV:/\N/7_/B9=]`ND/P"!V;;[_%>9U!1,',R`_14E8>0`#\ZQP+ M7!H0D?1K^_M1;)O]T@TF(V\ZB8#M/.=U(PJTZ#K96]V4QW\EQU.6I`U?V8!? M;2,:A;-)X*&1"P,#-1!^U4#OH9O\PKBI&@>_:ISOC?R'T`M;V1=&@I[67?C5 M,T87)<+3=@#\Z@'AQ:G&,L!MON*T25>+JOQP8!-`#.MSBEO*FX,UG2@IMDO= M]S('*4,C3VAEZ<+NA:S4L-S>5\$T7(S?88EDBK/F'(\R-IJ!ZP'-QC:0V(`P M@#%XU+D%2?\?W$(KZ)86M-9`[Z=O^:`9>DAL`XD-"`,@/L#Z,WT8WCLZ`TA> MNK#TC`Q$5-M:<@*Y33#`&X;$#$D8(DR$*(;I;U>,9%AU,R+97C22-(65:?@U MHWYM.E(7=(8D#!$F0KR`77B[%TANO=!SKR423+M5LV%(S)"$(<)$B#X(AJD/ MMVP(^^#.+8M6J'")@'`SU@]6K#N2]C=F2,(082+$%\B^Z(R"T0QRXT1#5+A$KW(]6N#M2%VZ&)`P1)D+<>:3N M7`XWDJEDB9CA9DC,D(0APD2(/@\Z#3/>EP6V;*I00=#;&(LXG%A1[5E=6#F4 M<$@0B"K'2F2LE"O*9=V"PT\+6'L2LI2S$MFQ],"X'ZBAA$."0%0YUI_;E58B&Y7+LL64:XJF7%6>PR*.91P2!"(RL1* M8\C$`SMXP,;WWD/$DS6+N"`A>HR$@;W@.U8??`8ERKRQOP6!J%=8GPROKBQX M6P8ERKSANB`0=0KKE>'4E=C+ZD:42RAL7P';7GL#CS'V!A1S*.&0 M(!"5B77(D"E?+MKJV>R+['5=0C+@0!N0'\!+A'JUD,4,9M'A6WNJOH%B,"#? M-[S(:ATWBN7#N=.Q@M!BQ8HUA=U@L*S..1FV9?6A8IC5=U`T.%@$AX,S$`\X M++J`R.I)`J(@B*7AA-U+>)(51ETD8PWUP4TTU+,$@8@3_EWUNF73>JTADJ3( MKM>*Y9O^^;Z=2L6:P@G>1R&R*F@R9"N(K&HEAECFC#0*6)2-5%[.'WIA]54: M,OT+(OL05RSXT3LA5A"XK*&$LP2!J'(LRKQ1DAT"BH"`:!6M];GS)(E'P'OOC M07[S4"R2TFZ@SK*X9HOZAZ7^=O]D8T#\8[W"QF=0S*&$0X)`5"96?T/F#Y=J M[*SL'=9U%OT*#")K;6W40*,(QQQ*."0(1)W"4F\X=>5LD(T!B;V$C+J\\1D4 MQ5>0>10&83^Q;,84RRS5&C)*M8:,4DT@ZH35;UQ1 MSIL,7T'TD&.E6K+((>?[UD:+E2URU`Q:T#7]_%V4^\<(YOMK"$V),( MGK3;GCV9P9/VC+"?^-,Y%M\!:S[,`Q5LZ`G,`T5CX,GC'+[B#>#>!.9O+P?M M^3VX!)V]PR:^`-?)S@8^!J\VG8%@P8X*]A\D$^3#TT M\]-T_@2)YQ.O0=&0H#5$=S"X$-O!T$(&!Q/X,(TY?\][1Z M*4ZU<\AWL,@F[0MV)2]=Y1]->89=`#>G90.WI>U_]W`YGL,5T`0_A>S*LM%_ MX`3==?OJ/P```/__`P!02P,$%``&``@````A`(?V)$`Q`P``FPH``!D```!X M;"]W;W)K&ULE%9=CZ(P%'W?9/\#X7V`JH`:=3(R MF=U)=I/-9C^>*Q1I!BAIZSCS[_>6HK;@.OHBTIZ>>^[I[:6+^[>J=%X)%Y35 M2Q=Y@>N0.F49K;=+]_>OI[NIZPB)ZPR7K"9+]YT(]W[U^=-BS_B+*`B1#C#4 M8ND64C9SWQ=I02HL/-:0&F9RQBLLX95O?=%P@K-V457ZHR"(_`K3VM4,@7!6W$@:U*KZ&K,'_9-76U'6J M=/Z\K1G'FQ+R?D,3G!ZXVY2O3#^.Z)@^R^<9M]H3U`QO&7A3T.5-#L-@? MK'YJ=^`'=S*2XUTI?[+]5T*WA83M#B$CE=@\>W\D(@5'@<8;A8HI924(@%^G MHJHTP!'\UC[W-)/%TAU'7A@'8P1P9T.$?***TG72G9"L^JM!J*/2)*..!)X= M"0J]R2B,I[>PC#L6>!Y8HJM9?)U7:],CEGBUX&SO0.V!5"+VJ6`%K"IKZLP"!?^*VQ$VF'60PRR$.#P*-*<.YV ME6J1K7(T.=*WB:S/0&Q$<@9QRM32".Z9&B\[J,#@M.L8#L9VZ+7&S%I_T60V M[, M=&2-B0^.].<3>SZ:G"K.TA7=HDN!;5UAT->E,88CQH`5.;XEL@+;D5$\ZCFB M,:$^@_9<79+9`6V(P^=T!CM MQ*F+M'63G)^S]"!H>M=;T:)M12$ZG3]=K1W(,,,+C"NE`NJ&. M[<)5EQ#%T)_4FO3U0G\W&[PEWS'?TEHX)#(V'Z\N%?I&L:;\\&R;A M4M#^+>`22*!;!AZ`<\;DX45=7X[7RM4_````__\#`%!+`P04``8`"````"$` MF#!^?OV\\'MNK3R]%;CWS2F:B7-MLYMH6+U.QS\KCVO[G[X>/=[8EZZ3< M)[DH^=I^Y=+^M/GPV^HJJB=YXKRV@*&4:_M4U^?0<61ZXD4B9^+,2WAS$%61 MU/!8'1UYKGBR;SXJ>[YU[!Y@VJWT&#C#M5L4/:WO+PI@%MK-9-0GZEO&K M-/ZWY$E<@4(X$9AR[M3 MD?FBF]-H%(G-"!D;3-P^-H+IV"H"8YO3%PQ2T8%:R;$9(7(@\;?+03"5HR)F M*D:1V(R0L7%K,[K"VX6"8#JVCIC]@/F#2HXT"-I<7^[N(%_Q!(CY/8B(!B93 MM&IELP#FNSYEZ=-.J"8\868.+4LU,N2@7G2D;Q.1BGBNZG,N&QB+A^_[-4/D M,N@'IMX)7=#+6V$-FBIK0V::/?]N4'$:Y4$O[?/LWU-4/(D*W`Y%E6-?-LH# M,^TM9Y#H=SRH?J[V\B;?.Z9#Q$,PVA@4BGH(O$Z=WBW>05$/V+E_Q8/J^,2# M#E$/HKC'K`1C_PP)8_6?%,[1;$D`Y10\.NKC_T0'%? M6$&_-K4AQ35`]45*#>&^\)\-J3:%'&:&8A*@`W%X,`;A4E[!.?O9\IW8IHJS;N(SI MOQNLR8AUJ&[#(R$J%OI0M,Z0$J+N!.A@7O#KR MB.>YM%)QP7,_+-W-J@NK2\F.^7`K\?&@,7H3M/>5P1NXR&R]R2_@@ZFX%\(! M0AGO'%\NPBW*AV#@7>+,&[.1,/X,H3CT)AH!]XFK8&SYB(VY&%`!$4( M3$[W"JY(Y^3(OR;5,2NEE?,#I-)MNE.E+EGJH19G2#%OI^/D2U$W975>.6+J.9/BG%?;\KQ?.?_\_?%NX4R:-CMOLV-U+E;. MMZ)Q/JQ__>7^I:J?FD-1M!/P<&Y6SJ%M+['K-OFA.&7-M+H49QC95?4I:^'/ M>N\VE[K(MMVDT]'U/6_FGK+R[)"'N+[&1[7;E7F15OGSJ3BWY*0NCED+_)M# M>6F4MU-^C;M35C\]7^[RZG0!%X_EL6R_=4Z=R2F//^W/59T]'B'NKR+,NDL7/*WOMR5$@&F?U,5NY3R(.`T6CKN^[Q+T M;UF\--KOD^90O?Q6E]L_RG,!V88Z804>J^H)H9^V:(+)KC7[8U>!/^O)MMAE MS\?VK^KE]Z+<'UHH=P0186#Q]EM:-#ED%-Q,_0@]Y=41","_DU.)6P,RDGWM M?KZ4V_:P<@)`+B(1S0`_>2R:]F.)/IU)_MRTU>D_0@GIB[SXT@O\5%YFTVCN M!>(&)X%T`C^E$S&;AGXT7W1>WE@^E#/AIYHY?W.F2UGHDIIF;;:^KZN7">Q4 M"+.Y9+CO10S>5#9I[3Z_KZ47\HI.'M#+RH$C!HEK8$]\6?MB?N]^@3KF$K.Q M,8(C$H7`HJ';5#.XP+.5`]K7L+?C*&\($M`LQ.8EE274+8P.NKV>#8-@-9`%>6FE]STA3#U+AI+J%486BZ%3?WE8(YG3(HJ?)LJ2ZA:V-`FIT"C^: MWIXE],-ID<7(DMD<>E"?)=W"F"YMIB*:SH%J>RCSITU%[7TD>P'T+NIHZ(.S M)$L`^>F/J9A%1BT)Y(.J]2#?]SDH'04%/8C%(L"5GO81TK!3%>L.S6DK$W0J MC5+8K]:%FTB4#QU70QG1I>.H6>^+,\?N;6R8F\L@2`*@&ZFR;Y2)!V0TJ$2B M?(XRNFHZCAKZ&`\(F[T1D#_K&L4[5<&)1E6DB=$+S,X@"!5ZG:3>B6A@)@6R M!VAE"X;]QOFC/FC\WR%-:L(R+TV<*[G3"14*E5,[J6\@.'F4%(/\[3L$^D6X]1+F<[):FD]:N"DFS@G%)GK.9$D M,4YDTA\6A&5*F8D10`V\GD"'YJ=`FGS8&;TDV8*K4$!M0"V-1IH.*$@=I_DS M5`IETSC#T@3L5;$2:0KTAP,Q,W9>.J`LJG#(](S2N]J-SS4HB"95:1K>A!*) M@K1U[W*>,$YTJ@!THGU/#-V)I_]PIFC"F@'Z/NR+25)>WSQI8D%%)HB*E'\\24 MX-_NH?@B9.X8:>(Q#%N`>JBM!O@S4<.!X/6!%*Z#NI?"=/87SC'8O33P&XP@G/J'@B?C-&'I45X_`>^V, MHZ#]<#U(%5D]I(G%$@TDY/D@5$A?*;L/7KYN8IE&U;"H7I'I;A[/M#)Q=F8' MDBCU[A$MARU`S6<`:*6(7FD^\.&*T7][>W1H@[246$[::(B)G!AH[Q[,Q%,Z MHJ?7-,3`EE!EXNS,ABA1P$[/F-%RT@'5;5[?&]QP^C=):V!+JS)QTD/KHETJ M42REY(M,G-.(:%Z54ELG\7.0U9\CLZ=)%%"1R3(`Z0#04\':JMBP&8[(X,UN71,'C29?VD>9`;OCSRVSH M,3R6GR&+^&'.D!1E8FF?63V#)L*SU&NQ2``<^T$W9Z\U.EA,[]/O-#I$&XV. M3/I[%URG(4HSX0W;8*)DTHT97>Z]F:[J-O,8 M/O?":X9I7\1I]S)@V@5,()VS1F`*/$J-^!)+&.GZL3DG@#ET4VB,)$$8XVFP MO<%QACEC(W#M^-!]"3%\;>`ZLKLT,>U^#)D\`(OL6/ MC4"%:8[;EP`N?"_9OOB]*M=T94Q_M-4%3A_<^E8MW/1V MOQ[@:K^`^S4/KS9V5=6J/V!IM__/`NO_`0``__\#`%!+`P04``8`"````"$` MJ6_':L0(``";*```&````'AL+W=O0%"JAT56+MW4IWTNET+Y]3""4J$)2DV]U_?\_$=NRQO06Z M]V6[??QX>&8\GAG2W'W\>M@/OA1U4U;'Y3"Z&0\'Q7%=;%J-1L]X5A[RY MJ4[%$2O;JC[D+7ZMGT;-J2[R3;?IL!_%X_%T=,C+XU!:6-27V*BVVW)=B&K] MVPOL3<(:^?7TX?UM7A!!./Y;YLOW5&AX/#>O'Y MZ5C5^>,>?G^-TGRM;7>_>.8/Y;JNFFK;WL#<2`KU?9Z/YB-8NK_;E/"`PCZH MB^UR^!`MQ"0>CN[ON@#]4Q:OC?7_0;.K7G^IR\UOY;%`M'%.=`*/5?5,U,\; M@K!YY.W^U)W`'_5@4VSSEWW[9_7Z:U$^[5H<]P0>D6.+S3=1-&M$%&9NX@E9 M6E=[","_@T-)J8&(Y%^[GZ_EIMTMA\GT9G([3B+0!X]%TWXJR>1PL'YIVNKP MKR1%RI0T$BLC^*F,Q/.;V6223F>WL/+&SD3MQ$^U,QI?MC-5._%3[TQOHG0\ M)=W^)XZDWUT81=[F]W=U]3I`;L*SYI13ID<+V-+QDQ;ZB'XOH(@D&7D@*\LA M+A5BU2`+OMQ'T^AN]`4GMU:<58##&9EFT#&166$!(^CM12/0_X-HLD*B]<>M M-&"\B!V%FJ&W"`M@"G&@KL($R1U.2QU%VK0(FR$ MJ8)I6]7;:HB,K+AEE(?-AMA"I&\ERLDC$'XG)XX< M19HSS5-.$D'2;4]BHJFO>N7DAJI@NRO7SZL*L<&M#F1>@K(ABPG9X+XHQ%S5 M3"+QN*LU\3AR'!/NNCD')A>.VW(#LE!.M2XB54\"]7+ML#4ZX@KMP4(7G5(LER ME'LQ/\/BRJE=6,K?=R5ESV$.*8@[Y-8.&F61?8Y#SL45YUC<(6HX/^R0[%K, M(04QAV9.]<@BR8J18J9+SDSU4+F''5)-SBX]"N(.>==P2*/$@PB`N@YG2Y`-4!;0$2 M2I"YU@E[-:9GZ5(O(AMBFM#FK]#4L7G%5A!F,_UIF0\)!G$!3ANC(G"+[XGZ MF];%WY/H(CO=1$%\;IPYU38S+.V!8!"7BY2]_`PI=5U-$F+Q\B"A-DH6%T`= MQ$JB]\=+-2PKOZAT0*X3+[<3&):)5[\1$)=+#<&2^_:EBU4KLC5)B,7+@X3: M&(H7E?G+!M49[(!)R#E$IZ]E<<\R>FV('R*56$OOF4-4Q=W6)"%VB!XD8AOB`JXJW;%? MNA5$7IM#G+J54[.@P[#FIIW(#FI8WKE2F;T\3K(HLUR3$&3J4\EB!3%-4Z>& M"<-R-=&C$5O3NX:LS@BO^QJROC@J"+6>GE(%OCEZ!-/+V7'C$0S3_':^=6Q' MG.H%2`3K()U1*%,;J=A;+#,*R>,.L\RLPI5?U1[HV8[3'C3$E9LXR6%Z"O1Y,KOQQB-/(<4Q!UR>XK:R$>]N5-D19AE2AMWR.D\[TM\ MOR%18:5#LQW"7R;X5_E,L9A#N!&<)<(LDX'<(>HG%U<7ZE=N;JF&9(UJBF45 M9L$@+H`:A"6`(CK!Y;GR@78B^XQ=]Q1$X>AO8CPV=TQEO=V@U.6T(2Z6FHDE M]DP-D:V':9*0/>TG'B08Q`4@0:X00&RGB$F(#1[QV"L%/4NW#)'8$-=T58-* M_`:E("M?,A\2#&("TD`WBB?OF/8[0SQ>"G*2R"F*F6'U\6(0EWM5(TI5U[$& M'P792>1#@D%P<4BP+$@SB,7$*^QD!?@5/)>0DBNF+LMH8E@E*O]$+RE6U.?5KLX*L"&0^ M)!C$@T*%\.)RE\JR:9<[!9V9D#4+E:%/I\B;D`W+BY-3E=_5E%._6"O('IP5 M1#-G+S4>.X.',"Q/*E51*Z+ODRI+,0NT@JS!.970]P=G39CIR=K<8)X%5]7W MU*_O&H(@*VC.')8I%AL_X[&9PV1O#K(B,R@QY9-`8[AZ_.R,\&*C(>90Y,QA MF6)QAR(SATF'PBPSI7"'G-;QKO2AZO=%"&R4D!<@W5.2K%8>B?BJR8K]O!NOJA=X^ M08NZO^MA^6K,*DT6U$%PI[V5%"N=!&]E@I7N119W91+K-VW"NW M6.DF`7=@J`MH2V!-=EQO#ZQAU`SMF6&EJR7NGG@,!=TK/MX*WAQ"K@>L MQ?`4WUE"*X@HTBFT@HCB^5MH!9[BH9:_@E>7'H*?`F%A73`4L+."J)"FAW3Q M(%^-P7V8$6@!8=6D$;!/:L$GX.QW=^S2I%&F)!#*S@MC*ZA M%:01ADJLC/K`X=6P4_Y4_)[73^6Q&>R++2[ON'O`4,N7R^0O;75""<<+8E6+ ME\*Z_^[P$F"!]W'&]$5A6U6M_H4^H'^M\/X_````__\#`%!+`P04``8`"``` M`"$`V-DSZ\D&``#$(P``&````'AL+W=O*W(M"W$L@Q):=IOO^.)DL6C MSA+?I`ESO..?Q_OQXO+QX_?R['P3=5-4EYWKK]:N(RYYM2\NQYW[S]]?/CRX M3M-FEWUVKBYBY_X0C?OQZ>>?'M^K^K4Y"=$ZX.'2[-Q3VUZWGM?D)U%FS:JZ MB@O\YE#59=;"C_71:ZZUR/8XJ3Q[P7J=>&567-S.P[9>XJ,Z'(IFK'G\+COLU=1Z&57*+A-5))\_2R\Z%@PKQ M&]C9;T]^X#]ZWV`W;P<*#U0Q+@F6,ES2]/7UD:2PCR^V22_G4 M#8S#!--A0ILPTGCG1N/%!S>_7>3.!C.GZ8%98SURBX-$IIC)?"]-SH.TI%I0 MNJO*:*S7#\)IQ1!QO)#[&RN-,?JPLVHDP/,T3EABXU<:ZW[5"&S?[60$T;0$ MV(SE$J2Q'DJ-F!(D8TD91.O-"I9V?Y?D/#V$&H%C.%(33ZO9Z%'OAY+&>B@U M8JKQ@4U43K".5NGLF<.9>I1^2%>43"OR996/-O*^)+0FT:0#&)H0)2M[Y!KK M:)DHQ83T1@GPK\*,TY0RHJQ0X7<<@+H=*J'::#":S*':W)MK'E'I!R7WZ]X$P29JH+ M")F>)B`XF#G@JN!'UPLZ@`68V0FM"AZM=2']D)X=IIT)K2"`UB0:"X&00$!F M)PR#!5TTSB1A%"/@GUN/%C(=36@%!+0FT5@@A%-`"!Z6B%+5/SH$Z`PBZZ*8 MCB:T`@):$U&*$1-'S@H(H0F$?D@_4[O*\)I>HQ^2+N#(N9BC:W@ M@-8DV@`'2KF8D&!&B`D`=&"DAKE,8UF_HP\F9J)):R)$#9F7:4P`@*E)'N;K M!B>2*`H/>G*8>S6V8@%:DVB*!:'Q:6%,6#"S728`T(&1'.8NC:T`@-9$"`N` MF```H3;_V0U.(S$4'+34Q,RE&EN1`*U)-$4",S4)(<']U*"U[KH?@@-]8W/, MW->)%0#0FD1C`9`0`"RN&YQ(HB@\Z,EAFH'$B@5H3:*Q+$@("V:2HZI]U-6@ M`XBF)X=I!A(K`*`U$:(`8$(M(0#`Y,3Q@L]!<"8)H_B@9X?I!A(K&*`UB<;" M("$PF,F.V0V@`R,[3#>06#$`K8D0MAM("0.0:NEFP1^E.%,/TP_IV6$:@M2* M!VA-HBD>F!]/IK*&1U=TQX,EFN1$$D4-Z67$]`:I%0_0FD1C>9`2'DA-L;^@ MBG`BB3+5&\1,;R#_%VF\F?>/.EJ3:"P:4H*&&==F;X`.()J>'*8W2*UP@-9$ M2(>#B?-&:(!%M(1PJ0F&?B@Q.JG4B@)H3=;?4W&L]XL]#Q:/O'P MAM_`&XIK=A1_9/6QN#3.61S`YQH+I>Y>870_M-45U@XO*:H67D_@MR=X+2/@ M5<%:=MR'JFK['^1?',/[FZ?_`0``__\#`%!+`P04``8`"````"$`&>&QC0X.O49S1P&AV1]J15JN]/!/RX/W*NNFJ(YK7TQ"WY/'O-H4Q]W:_^?OKW=+WVO:[+C)#M51KOT? MLO$_/?[ZR\-;53\W>RE;#SPXZ/:;HM6W12RT/6`O]F7YR: MSEN9CW%79O7SR^DNK\H3N'@J#D7[0SOUO3*__[8[5G7V=(!]OXMIEG>^]8>! M^[+(ZZJIMNT$W`5(=+CG5;`*P-/CPZ:`':BP>[7#U5]U!OZLO8W<9B^' M]J_J[7=9[/8MI'L&.U(;N]_\^"*;'"(*;B;13'G*JP,0@)]>6:C2@(AD[_KW M6[%I]VL_GD]FBS`6`/>>9--^+91+W\M?FK8J_T.0,*[0262V*.Q3@(D MI/?W)6NSQX>Z>O.@:."5S2E3)2CNP7&W,:31;_723F&+RLEGY47[@DTTD)[7 MQ^7R(7B%B.8&DB`$&J*'"(I(.X1*!+#K*<*^.<48,G@^]ATCM8@RBJ;T?D!>#E_$O5F`H M/>?%BSE[,4)6.H=WTQG/$3'/XEF_FI""FG9)J:+Z.&-J$8W**NS=8U00XD3% M>4`(S"F!Z^E08!J5%=MV@I`91F5I:T#32HDUME9":7$+)06FE.8VU!@+A""E MF,8I/6\C=-1DH04F-)9V5TB'81`/OKVCID"I!U$R0/H7L^9\%K=PDN! M&2\6B@0A)G-3UF:I:XWFMMP()0%B,SY6&LU(<>4Q&&0E9HL^%%A/Q#RS'4I9 M,>6^GD&!XNJV_LIF`%-H,%=SV&-4$N]$>"ED3+,_((LD4(0M)8D!N177BSH])XB9)UVB:+1%R M43<@L^\H8O:4VB\>!\1-HJ[1G!G+2&)`R&QI*T7G,R76V$H)R5;$9'UZ1IDQ:;\^=Z*AI(N0O3DQ(*<#W2?T[3^EZ=%0 MTT5H]V?BTXGZM8I"S$*?4L4\OE122F4==?\@1JC)$*F^E$7(95U]B=7";4'# M>N\P>C@O':VA,;Q)W:,SZB[LODWL.G6_QJ[#:';1Q79D"C]2,U"R20R%[2W# MLM/U:RP[C&(Y6]@BH2%D@V`D23R>4Y),\)/(/#`:'0Q1'K MI-28.X)3NYP29&-A)$'\$@`R87M9\/$0(\C1._<)9<'FP$@69^:!X/,@1A"& M:ZM48*N4GDJA6T6.^$'PF:-?JH*IN^O!Z!I?I)S1&2I1'JVV,$DYK MW'81*H4!F0$^.*Q>-%->;`J,S-V9:2!8#2=QI_2VS`;3H,%D`0&L\9(9/[352=]E/E4M7`[K M/_?PSP`)%X/A!,#;JFJ[#^IK0?_OAU[#`*L"BW76<_'UG&<"`G4O[8AOF MS.',F?$.Z^OGLC">J)",5QO3M1S3H%7,$U9E&_/7S[NKI6E(1:J$%+RB&_.% M2O-Z^_G3^LC%H\PI508P5')CYDK5*]N6<4Y+(BU>TPHB*1^8X<[LDK#*1824^PL'3E,7TEL>'DE8*200MB`+],F>U[-C*^"-T)1&/ MA_HJYF4-%'M6,/72D)I&&:_NLXH+LB^@[F?7)W''W5RKAM_?C-ZE(/?ALSY\8M@R3=643`; MVJ0;L.?\44/O$WT+DNVS[+NF`=^%D="4'`KU@Q^_4I;E"KH=0$&ZKE7R2Y^3ZR1.4;TYM;P<+Q7(`;>RK5'=.4IA$? MI.+E'P2Y+162S%H2#]2W\=E'26P4U-1W2Q39K@4_&C`S\$A9$SV![@J(N\)0 M1E_J:Y5"B9KD1K,T7%"$A.X\;9?.VGX"1^,6LD,(_!]ZB#M&1!U"-P+4]1*A M[JE$#SIXV?M.D4X:*YKYX^?M+D#&B.@<,9_UD)%&L.[?->JDC>D/+%E./-DA M!$=*.QT-;HP$`,M4@/_J@'8FZ208Q:&`4WU-9W<("9N>7OG!1%\T"@=><-D= M$#(4]W;G-'CBBM?3HBB$#%P9W!BY,A\_6$_W^Z.CDR:N3$<'(0&Z$H3+L;YH M&':7\SXZTK88:WO;%`V>:#IYC:8@9(&:7,>?BL)XJ]GSP\NJ],*:G`?O.Z:3 M)NI.1:,ZA.#3IT,TC)U:/3(K_!]9.FDB:]%7C;(0THXWF#:)PT[1%&W<\T]5 MH3I<&'B@EE1D-*)%(8V8'_0R<*$7_5W<4SO84\VI;O@#$1FKI%'0 M%%(=:P$S+7#3X(7B=7.@[;F"#='\S.&%@,*IX%@`3CE7W84^0OM7C.U?```` M__\#`%!+`P04``8`"````"$`5[M*$20#``#X"0``&0```'AL+W=OJS-;F4RA*ZE\.=9WB2AKH-CS@NMW0TJ<,HF^'BHAZ;X`WV_^ M@B9G;O-Q05_R1`HE,CT#.K=)]-+SVEV[P+3=I!P<8-D=R;*8[/SHT5\1=[LQ M!?K#V4GUWAV5B]-GR=-OO&)0;=@GW(&]$"\(_9IB"!:[%ZN?S0[\D$[*,GHL M]$]Q^L+X(=>PW4MPA,:B]/V)J00J"C2S^1*9$E%``O!T2HZM`16A;S&9@S!/ M=1Z38#5;AE[@`]S9,Z6?.5(2)SDJ+N!>HRG0O"+:EVLBE%[Q0)_<\@FW>-@+[W[-PI? MA3<[$!?:LFW$KMR5IO?A]=#2:C&[:V.S5^&[);8G'%R."",#T1KO'. MOW7]=K?%?^4V9)=P>4493W=OZV[X1/2@A&UHI(1C]\,RF-#H,'$O9$8OB=7` M5#-GFV%6,GE@GUA1*"<11YRA[7V#NUO3`OE-Y MX)5R"I8!IV?LR&9R-Q]:U%`BF+Y"P\0UKSG\PV(PHCP\$YD0^OP!F^9V_]FV M_P```/__`P!02P,$%``&``@````A`-#=++38`@``"P@``!D```!X;"]W;W)K M&ULE%7;;J,P$'U?:?\!^;U<0VA12)5NU=U*6VFU MVLNS8PQ8!8QLIVG_?LLKPOT^]?=Q27RI,)]B5O>TP*]4(FNUY\_K?95%QT6,&MJ`,Y"(I+!5Q0B]Y637 MT5Y9$D%;K"!_V;!!'M@Z<@Y=A\7C;K@@O!N`8LM:IEX,*?(ZDM_7/1=XVX+O MYVB!R8';W)S0=XP(+GFE?*`+;**GGJ^"JP"8UJN2@0-==D_0JD";*+^)(A2L M5Z9`?QC=R]E_3S9\_U6P\COK*50;^J0[L.7\44/O2QV"P\')Z3O3@1_"*VF% M=ZWZR???**L;!>U.P9$VEI"]+97JCFE.Y)&=5+S[:U'&TL02CRQP/;`L_30+DS-(`IN1 M,7B+%5ZO!-][,#4@*0>L9S#*@?AM1V!%8S<:7""8:LA50AN>UDD6KX(G*!T9 M,3<6`[\3)IH0`8A.RJ!VOK(&:V5=6YW*C0W,98Z).#+)_\AH<($6L^23+)G2 MM\H68]KL",&I\_UH,)0\CP:[4&#EUHQ?R;-K- M>QRE'[O1YUR),3)WDV3IV[VYNYDZ*FKZA;:M]`C?Z;4:PZZ9HM/*WYCS MK^.+?&,_!<'T!%;Q@&OZ@$7->NFUM`+.T,]@B(5=YO9&\0$2A7W,%>Q@\[>! MCRZ%?1/J&:DX5X<;_;F8/N/K?P```/__`P!02P,$%``&``@````A`,^L(H*" M!P``*B(``!D```!X;"]W;W)K&ULK%K;;N,V$'TO MT'\P]+Z6=;-C(\XBUJ4MT`)%TF[G]_.UXF'PMF[:J3VO'F\Z<27DJZFUU>EP[__R=?;IQ)FV7G[;Y MH3Z5:^=[V3J?[W[^Z?:Y;KZT^[+L)A#AU*Z=?=>=5Z[;%OORF+?3^ER>X,FN M;HYY!V^;1[<]-V6^[0<=#ZX_F\W=8UZ='!%AU5P3H][MJJ),ZN+I6)XZ$:0I M#WD'^;?[ZMRJ:,?BFG#'O/GR=/Y4U,H M^YL7YH6*W;\QPA^KHJG;>M=-(9PK$C5K7KI+%R+=W6XKJ`!EGS3E;NW<>ZLL M"!SW[K87Z-^J?&ZU_T_:??W\2U-M?Z].):@-\X0S\%#77Y#ZVQ8A&.P:H[-^ M!OYL)MMRES\=NK_JYU_+ZG'?P71'4!$6MMI^3\JV`$4AS-2/,%)1'R`!^'=R MK+`U0)'\6__Z7&V[_=KQ%].%-UL&"XCR4+9=5F%(9U(\M5U]_$^0/!E*!/%E M$'B50;SEU+^)O&@.'_K:R$".A%>XS+P5 MQ%*3)SYYF,Z79A.F$8/<8Y2U`RL:)JJ%%OQZ%_K!K?L5VJ:0G(W)\2@C5@SL M$0R;<"#E0*8!+E0TE`5]\`/*PBA8EDIHHX"Q3I_5H!AJ2,*!E`.9!I`:H"/U M&NSK2N&0Q"DU<(`'HHFD]9UH/)%5O8B"I@60Z0FJ!V==K M>;W'D4Q3%@BDK+*)#20QD-1`,ATA^:%),;;'*1Y,W;XJOFQJD`JTM^0=P#8H M-D>,0=.6B+Y?>G/>U8(4P6+3IF-!IR,92$J`U$`R'2'%+7]`<1B#%B>1<=>, M!>*#L]`JN6&52!(D.Y"\!=M=4PLI])6))\Z)2AN#!@QU]B9W$);*Q@,9;7]UQF8X7!N+M2$?`4U;K\ M@@C(9B)(2!@C?FP.,(+$7$D1,4Q.D>PF#A& MY]A8D=$YU[`R_.8+NR/]Q&CL+]HYZ(LT<2YLO,)%$14$M/"'[2;V#"@QH=2$ M,@+1--$>:6GBSA@$_)`=JI)2$]50"K5,0F9JGC,4AU7+%45?8JFZ@4IA:LA4@I( M=[^>`24FE)I01B"2)MHV/K434TH M(Q"M$3V'-A7OJU$8%WV&T.I@4VD=)"',92@[]-F^E2@6$<=PPS:6:8>MK)?\ M,.Y;NA*O-V7/9M,J#9">N>&'Y3C,;!3!\,-65L3/+!O+],,V5AB-)QMM!^9V M+HA@VAK?9FNB\804)[=D$15,SW<5*[V*E5UB417PF/_PHA!>@2P*">D=$D9L M!<2^Q618Q+&PPHB=[ZDM5CAGYWMF9XVG$14'C_D/BR.\`A%'0D0MYV:;L>7$!''^-U$LG#%CYO+ M?%SJXJBVL]@23>TLUJN9G35.!Q7'8J:\Z(U?,WW36"F(B,-_%X@EBXJS&)M< MBB/"4Y9AB*VQ."NSLK2CC(H#V>O+ZL+.BVQV_`A(-\2^`24FE)I01B":)K-N MV."^/X55>2%AT\3Y$M(M@H"4R61+,9$CJ,E=/49I@ONZ^L.[NC[_^[A;S)*N&6$ MZW1GLJOK3KV!#W:'O_*X^Q\``/__`P!02P,$%``&``@````A`'$Y1#S3!@`` M7AX``!D```!X;"]W;W)K&ULK%G;CN(X$'U?:?\A MROL0TR%`U(2@)#T]\_=;%=O89;L;FIF73G-R4E0= ME^U#O/CXK3XZ7\NVJYK3TO5'8]R[!V(<.J6[J'OSW//ZXI#6>?=J#F7)[BS:]HZ[^%C MN_>Z'JO'UZ/G\HFOH,(1ZK8]5_'X*Z3EW,/^]/39L_'J'N;WZ4%R+V M\,$(7U=%VW3-KA]!.(\E:M8\\V8>1%HMMA54@+([;;E;NI_\>18\N-YJ,0CT M;U6^=,K_3G=H7GYKJ^V7ZE2"VC!..`*/3?.$U,];A.!ASW@Z&T;@S];9EKO\ M^=C_U;S\7E;[0P_#'4-%6-A\^STINP(4A3"C(,9(17.$!."O4U?8&J!(_FVX MOE3;_K!T@^EHZH]GX12B/)9=GU48TG6*YZYOZO\8R>>A6)"`!X$K#^+/1L%# M[,<3^-);HX0\"EQ%E/$HGHY#_QU!(AX$KCQ(.'EW$,AY$`6N(I/)NT69\"!P M%4'\D1^-;Y#$8X,TC'F2]_EJT38O#DPD&(;NG..T].<05PPV&YK+\+\V^C#L M&.031EFZL`+`P';0LE]7T>QAX7V%-BLX9VUR?,K8"`;V%(9-="#5@4P!/*CH M4A;TS4\H"Z-@62*AM0!DG8%6@V"(1Q(=2'4@4P!2`W2M6H-]_HD10/+2A1Z5 M(Q!$-+L))D3D24V4\0!6-043@"B5P* MCD*M"S:,1%2)0FUV)S92I$V"U$K2YEQF)1T M'<9OPUE4F4B;:8F=I3>,G:5WC)WU2LOX:&,,%_;.C7,(HHG#[)%/Q=&[AC^H MB:.WC945ZWUS$RNSLV1[TD9,Z%Y,>@,%(&WX`2 M_'T+"Z["2DTH(Q!-$TV#DN9=.Z'/G`?)GD/J!#:-+G^0.MW86-U8+&")F9'* M!P64$8C6B,[@AVMD]H+4R"&U@[@)>=OP0A`<-'@7(O=$WW"\-I9I>:VLUSPO MKJ>J$E>:$MG:NLPA-7/#]@[?`N61*6WX7BLK-O8L]H4DENE\[;'DSD;;`7=_ MI1VNB,"\`AEW#JDB1+'<(?G.S4V&JH+I]/Q;6.E-K.P:BZB`O\E4%>Z:^$,0 MVB$"HN+H.S=GD9W;%,?&BF)M?T^MK(FVOV=VEMR-J#AH/Y06N4\<#**)PR$B MCF&&L=EQ>5!_(YANV,J::'M6:F?)/6OHUS-?>)8[H=K!?U(N(8 M[T8XBXHSD5.=;=5VEC9%4SM+Z]7,SI)=2,6QF"D_?JGOE#;A!4PPQAU1#;$*)":4F ME!&(IHF>2DD3&SP(1H!>29AY,76KP+?UK*>%3]EP2/AA;2HF_#8UF5/)HIE: MW-M-UCTP'9N`%#?#(9&J7`]X'[$@6JJ215-%SZ.)>ENJW&6I;<`A-54&B50U M&Y$$[+:6JF315&&2W9("L].W332']\'0ACKN3^9HGLT[<%[W:?CIJ3VQAG.\ MX56\C@=POF>)LP[G\.;=$C^"^(,P>B`?(L$/5O.1M1_#G>'P3G\F@/I@3L,S MWN46G.Z=\WWY1][NJU/G',L=B#,>5N.6G0^R#WUS!M'@=*[IX5QO^/<`Y[@E MG#3`L9OK[)JF%Q_P"RXGPZO_`0``__\#`%!+`P04``8`"````"$`E2XFO"X& M``"`&0``&0```'AL+W=OU'&+S>P^ZMJQ$FGW?S@Y/,L M*8NJ.-<+D%/H1'F;;<560&FW.65@`7&[5*;GK?RL.I%JR,INTSCHGRS]J$;_ MEZIK\>&7V>FW[)Z"MR%.)`(O1?%*J.&)0/"RPKWM-1'XHY1.Z3E^N]5_%A]! MFEVN-83;!(N(8<[IFYM6"7@49!::2922X@83@'^E/".I`1Z)OS;/C^Q47[>R M;BW,U5)7@2Z]I%7M9412EI*WJB[R?RE);:6HB-:*P+,5T8S)+^OMR_!L7UXO M5NK2UE?3)P!?:ZR`9ZNQ6JC&TIIA`WRLD8!G+[$V3<-:SYB'U8K`LQ6Q%X9F MKM9SO+EJ1>#9BJCJ0EN;JCG''BCPQAYXMBKSW6JW&O#L->;FA@HI33.,Y#;- M'GLQU;,*3=;LOB0H*5`0E:/F#0HU2&?('FOPY-F:5\)/RH$J`"B M\DQDMC+X"%ZOH'K?=X9M;91WJ+BDY>QYCLHR#AV#E!>1=3%PQ("'`1\#`09" M#$0C0`&W]+Z!,N1\0WK"3-\0&>*;SJI]!PS.TI`C.D;WBHN!(P8\#/@8"#`0 M8B`:`8PCH*4PCA`WQ2X7"'LK0POIWW;!7R'9*,L?%HMM+EG1H27:?-2Z''#G$ MXQ"_1X89Z3:JNT!$LFQV1F%/ZI(R&B.,TZ!&9CB-L!NG=<)[BB`/X1II2=!3 M>U_KMLY.VIU".@I)!JOD]:1NEGZ/C":`8AV(.+;)2H="$NJ>D8@TBA'C?U@V M9_B?L%G_4P3\W]EZ:!'6V=$TE(FQ<*#*."T4L M6+#[(C"6N`B$))3?1R$)9:HG)*%,]84DE"N!D(32(!224(0C(6E08N("/9>) MB\#_L-7M`D#8;``H8D'D!G>K*)L.+4EKMD&ZK1DK:XTF[;8<$NSW'=>VCNTP M--C1=U!">HS&DV&9%@J\SS)454-3#83?&7*ZR<.053$,-(](*#),A0D`-)`9 M`2!L-@`4&5<`12QZ)FLVC1QRY!"/0WP."3@DY)"H19J#*6,HV4O/L+2ALZ:V M$-@Z3@)4MH>6!?8/+,U`(70GL8XBEJ'B'B!B<5_T)[$"$8O[8BAB<5^,1*RQ M%AL>LNN&A9?TL/%3^<]9QDI8WL$AK>3), M5//^0/@D8X*!)98)$0$W!31LF`.!#00Y<\P(!#VB,(&@$`H$6F\.*F594+!] M2^5RR)W$.DYB>9-8_L!J_&S:P\K5=-_@9X1P(`R6&2I:<**!Q7V'C0#)6 M2W58SAN*CRCJ2D61##H&LWQI0Q=H=,*.12?[9."5B]SY-B:S,L/Z1L-#KW7I MQ5:>EI?TD-YNE904;^3*%N*YV_0PO4^&LG%([*&?HQ$H%;AJ%HW`'?2S)GAC M3^ZF13@("?FZ`Q<._)>?#><9[.4'H'LYI#3X$>A8CBL<@2[ED$+AWX'.Y)!Z MX4>@&SFD;/@1:$,.J1X847I_P?WW([ZDO\?E);M7TBT]@[.7S2FGI#?H]$== M/"`(<)%=U'#SW?SW"G_I2.':9[F`C3W7<```#__P,`4$L# M!!0`!@`(````(0".*5'++@4``&P3```9````>&PO=V]R:W-H965T8KFRC)U29`>Z56JJI[VV>6.`E:P!&P MF]U_WS$VX+&YV:S4EV5S77: MV#^^)U\>;*MIT^J0%JRB&_N=-O;7[:^_K*^L?F[.E+86>*B:C7UNV\O*<9KL M3,NTF;$+K>";(ZO+M(6/][[A+T3TZOC?*_U9S9];$H[E\S=`3Q[@^#F4H[(<%>P*&W3[;IF5PMV`>2PN:1\3Y$5>.LK)60.M?M9Z:!F MW,DC][*Q8?M"51KHM]>MO_37SBOT2"8Y.Y-#,&/?,WA#<+>1#L0ZD"B``XH& M65#T_T$6]\)E]0'M>F#4Z6H:>D9O$NE`K`.)`B`-T'^JANG-TU>`DS!ID20/)5$0HVT%R07TCOF)-!(D2#Y\%!(6N+B24\+'%,R M27H82"A1D)&?)&HB-W#L],GA=EUR^O;:203V@1+_D()P:.1((MT, MZ#BQP4E4!$4/YX0:_>V0.1F'+!%4EW"NA2Q(KJK+=?7B"9(/_3B*#[53)9[P MY(7:MDTF2.IR2#YTW?WR.1G+EXBJS`L]3;X@@?R^T)%`0&N/Q`8G41$4,G^Q M4D[YVQ7C9!RR1'#%M/-]+TBX8KZ6YTB04,7(0M]N]WA*)DBJ)R1_^1GYG(SE M2P3+UWIQ+TA(/EF.VU\,-$%2BSB8]65-!F1L:M41$D;@U>S^PG9L+$U"GC^T MU=Z$(A.*32A!$`Z3CVFE__A@<(,9'#"??<_@CC0%`@(%8[Z\4&NI/1E8?9XC M$XI-*$$0%@7]H(JZO:D(9VN1"RAPE=P;4"0-%59L0@F"<)A\6FNY)\$GAS(1 M(U_\9NA:>2>A#V:P9+G0I\H1K8W.:)JE;9YXDA5HOI))5CA.1)PB$)`)23W63E2`(1\[']OV1BR&/(I<0KI\^G\'"K)\QH"5+ MJY_^3G67+W[%8*SH+49?(@OB%D'\*"UI?:)[6A2-E;$7?D/P`.^^`SK<7CQV M9Z:&[_BM!C]+==Q=P6^L"=Q;P4\9$W_T5X\0NOG%CLQAA>[J0U^"\+4G%R>P M.IS.X,T9C."NXY*>Z)]I?&>;/L?````__\#`%!+`P04``8`"````"$`>K59 M=(8&``"K&P``&0```'AL+W=OR>EN?\_KI7__S#?]JJ2MTD]W-R*^_9 M7OV:U>JGP\\_[3[*ZJV^9EFC@(1[O5>O3?-PELLZO69%4B_*1W:'-Y>R*I(& M?E:OR_I19[V65O-Q`[R^:D:1, M=OM#$%_D:576Y:59@+@E7:BHL[VTER#IL#OGH`$QNU)EE[WZK#FQ9JG+PZXU MT%]Y]E&/_E?J:_D15/GYE_R>@;7!3\0#+V7Y1JC1F4`P>"F,]EL/_%8IY^R2 MO-^:W\N/,,M?KPVXVP2-B&+.^:N;U2E8%,0L=)-(2LL;+`#^*D5.0@,LDGQI MGQ_YN;GNU;6U,#>KM09TY26K&S\G(E4E?:^;LOB;DK1.%!6B=T+@V0G1C':#MXN-MK+7F^D+@-E:+>#9R=@L-&-ES=`!)FM%P+,7L35-P]K.6(?5 M"8%G)\1>&+JYVU.!CQ[&7-C M0X.0IA%&8IM&C[V8:MDE#=[Y6?(N+3C'$6.QC-.C$'2BXAU,>!A MP,=`@($0`Q$&XA&P!+/TMH$T_#]L0\00VS"MC@P8C*4C0S`&&^)BP,.`CX$` M`R$&(@S$(X`S!)04SA#RHLAB@;#W*I2042QL>06/E+.FY8^X^B0@KH!X`N(+ M2"`@H8!$`A*/$4YU4&.&ZH0-F0059Z0[S@-*,J"VC4@V;Z!33^I#0$`\`?$% M)!"04$`B`8G'"&<.J.HSS$'8K3F8$D>*K(T^&4X"X@J()R"^@`0"$@I()"#Q M&.$4!>_,4)2P>44I8G(5T5XA)W&*R">@/@"$O3(**)L5%Q#&(QP%H(@GV$APN8M1!%D(5P(.Q)LG$.NV&O>C.X4DB M&2T`)70HX]@F+SJ2DBR>%,M((Q]Q]H?0FF%_PN;M3Q&P/]/UU"&\L9&R[A22 M)R6A/<"7DE#4!E(2BMI00C)6*-DB*0E-%TM)0U!R#@`[<0Z@K=."M+G--4_? MCB7$+/06DMUR#2T2;9R($-XO%!G[A2(6=&=]$A@KG`12$HIO3TI"D>I+22A2 M`RD)Q4HH):$PB*0DY.%82AHD<7XA;2SG&(D#X$##/-#2>1=TD`7.&RRNH8`Z M,99.^UU;-S;6%BW<923B<6B*<>WRV'O8<4=3H;#T&8M*>3(LTT+^#Q!%TW2T MWI`Q^*F&X&X#,F(L-I6!UA(S`B]F6`[O"]);C\\7/_`%;<6A@6)%Z:A1:)P/ M'6310/]U)+$_&,C1<&60L8<9@$BN4L809(QE+F#&6L<:R>/>07G^& M>^C1@',/A9![4(4\:93U(_=,87F39/D#B]2:)\-$%2`8"-^)F'!@R<5$B"`4 MB%ZE;OQ`X!U!3ADS'$'HJ$Y3"#D"[4(GC;(LV$/Z$BO$D#N)Y4UB^9-8P6+4"!"H0A%(A1S$&\=P.?'YYUR8@C^2PAPW4';M/$&8YK!^Z: M1/S9<)Y!7_'%$5;4MAAHJ4?3@XTC=0U1R26.(8J&0. MR2_Q#50OAZ29^`;*ED.R#=XL^T7#IY)'\IK]FE2O^;U6;MD%G+-JSTH5_=A" M?S3E`YP&WSS*!CZ2M/]>X:-8!C>$JP54@TM9-NP'F:#_S';X!P``__\#`%!+ M`P04``8`"````"$`).D>\:@#``!#"P``&0```'AL+W=O-+D1O/F'%"RXWI6HYIX#*A*2E/&_/']Z>' MI6EP@/&W+EA[#JFO5W7`?TD^,H' MOPV>T>L'1M+/I,20-JR37($#I6<)_93*$MQLW]S]5*_`5V:D^(@NN?A&KQ\Q M.64"EGL&CJ2Q,'V-,4\@4:"QO)ED2F@.`N#3*(AL#4@$O=3?5Y**;&/Z8"U<9^4O[B?Q&Y*@(UE: MWG+FSN92R>W3;>6D#B9&`FW7C%X-Z#;0RBLD>]<-@:Q-1#%T&?TI(LA&DNPD MR\:$;0+N.:SK\S98>6O[&=8B:3#[6XRK(Z(6(8.7M/&@8(/>3C1$]Q]$2Q8I MNGWHA;1WA(/"II"6)^Q0A_:=;K1VA3E31L35J%+T?=F>D9[A?%5 M2\F0HIM*/*QHJH!ZJ.KO:B08NF(QD!.L_)$E`8SE@=2A';1A+;EV1D>2\ MIVH`3&3KP\90VT5RZ"J;2M^,D:IX3KV;/,<=A1J/_P\Z`UIZX/*?Y4H.76Y3 M&6YXWQ_U1J1`'FSBOI_]7J;:XI.@WJOF1;Z&![-J(F(8?FW&$JR+;BJZZ-&Z M1PHT@VXZF+6EV@O'P;5`C/Z.ND^<'&=8(U;>=,J2.".I- M6&!VPA'.""^96_Z]'\*&ULK%;;CILP%'ROU']`O&^X)21!(:LD:-N56JFJ>GEVP`1K`2/; MV>S^?8\Q-Q.ZN[V\).%D/,R<,P9O;I^*W'C$C!-:AJ8SLTT#ES%-2'D*S>_? M[FY6IL$%*A.4TQ*'YC/FYNWV_;O-A;('GF$L#&`H>6AF0E2!9?$XPP7B,UKA M$OY)*2N0@$MVLGC%,$KJ145NN;;M6P4BI:D8`O86#IJF),81C<\%+H4B83A' M`O3SC%2\92OBM]`5B#VR[0;#:6CNG"!R;-/:;NH&_2#X MP@>_#9[1RP=&DD^DQ-!MF).(9E>)P#>MB?*0=>EWS4)NB-)=I(E-&&C M@'\.DWWTT:!@@=Y.-$S@/XB6+%)T>[M] M6^A=N".%+:)=$@T*FD(8[UBA!X&=CEK;1;DH-&$*71==?Z$KV"N,IT(EFW2X MJD3#BJ8*J(>J7E8CP9"*I29G/I+3@(:3=\::#PT(@MX;LT?QB"9`CM^#-!^P MW88^5&AG2RB+C,0/>ZJVX80_#\*I(BLY:GOM+/=-I0_$055Z$+-C`K2X)UG4UE6&/77^E#^*@0"[LF+['_EH'15.@I=V!--$P M]W&/W<4,'+\L7R[3Y3<53?YRO/452)>_'.V^Z!60)A]N]S?RY3)=?E/1Y7M= MS^HP'11H)+]/@WJ:38+Z2&GR8:^,Y3N+/TRXY-"]-!7=BS_RHD`N/-GZ)"W[ MC:B\3(+Z3&I>X)W^[V9J$MU-6]+MC#)_:%"ZGU4?>N5G&M6G5!E21POU_BPP M.^$#SG-NQ/0LCPUR#W?5[DBS<^4+9E3?RZ/.5-T-X)4R@?<">*I?UW?S8`?2 MX0^KNP,<62ITPI\1.Y&2&SE.09M=9X>I0X^Z$+2"?L+A@PHXK-0_,SB<8GBG MV'*?IY2*]D+>H#ON;G\!``#__P,`4$L#!!0`!@`(````(0#.*H/-S`8``!\D M```9````>&PO=V]R:W-H965TKA69MH58EB$II[?O<$3)XI"TQ)M%P@QG^',X'\=> MWGW_+$_..ZN;HCIO77^Q=!UVSJM=<3YLW7_^?OZV-I[7Y$=69LVBNK`S_&5?U676PJ_UP6LN M-<%RF7AE5IS=SL.FGN.CVN^+G#U5^5O)SFWGI&:GK(7U-\?BTO3> MRGR.NS*K7]\NW_*JO("+E^)4M%_HU'7*?//C<*[J[.4$NC_]*,M[W_B+XKXL M\KIJJGV[`'=>MU!5\]I;>^#I_FY7@`*^[4[-]EOWP=\\KGS7N[_##?JW8!_- MZ&>G.58?O];%[O?BS&"W(4\\`R]5]"NW2=_*UIJ_*_S@@5>9TO7-I3UF;W=W7UX4"^ MP;JY9/ST^!MPW*^I\S"LTK1(6!UW\L"];%TXJ!"_@9U]OX_2],Y[A]W(AYL,'.2'I@UUL.W.$AXB@V9[Z7Q>9"6=!0T2E>#F"ZH,!KK]8-P,)(6 M`A''"[F]L=P8HP\[*T8"/.3CA"4V?KFQ[%>,P/9=3T80Z27`9LR7P(WE4&)$ ME<`92\H@6JX7L+3;N\3GR2'$"!S#D9I8KV8M1[T=BAO+H<2(JL8'-E$YP3): MI)-G#F?*4?HA65&B5^3S*A]MY&U):$VB<0^%2K0FHCJT*`3I8&#'\$>3&S]2U<>$,X.-, M(DJ4NYSW:[7`JMS1FD03!-!DQZK<`[7<^R$Y.X;F*+`J=[0F0HSE'I!R MGW]SX4P29KCU1S=7:&B70H*#VT<.K>5H_9":G="JX-&:N.X*GE^7UTXI-'1* MH14$T)I$$US0".$U/.(+STX8!C,:])#/)&'$D%P[AF8IM`("6I-H1B"$.B`$ MJSFBU,L>G4%D692A60JM@(#61)01"*$5$-":N-;=_Z&A1PJM@(#6))H1"*$& M"/Z\[*B]`#I3LF-H:B(K(*"U+*H?4NN(=ZWC.KK-&K0FKG5`B`S]1F0%!+0F MT08@C/`3&:[N2,.(8`W5-R%2!01ZHMF*#)=K9`4(M"8BC8"(""`FA*A00`<0 M#21>\1T9+M?("@IH3808H1`1*&#KX\<+6/&$)K5A0%\0&'9MI,EPMT96?$!K MHLG(AXCP84*(R@1TH"3'<+?&5DQ`:UE(/Z0R(29,P,Z'E\!M13B-Q!!PD.Z@ MR'"QQE9P0&L2;8`#[;1C0H()(2H`T(&2&L-E&EL!`*V)$",`8@(`3$VRFJX; MG$BB"#S(R3'VCKUC0`40# M/=>+,S8T`XD5`-":"#$V`PD!`"8GCF=\#X(S21C!!SD[AFX@L8(!6I-H1A@D M!`83V5&[`72@9,?0#:16#$!K64@_I'8#*6$`4BU=S_A0BC-)&%U#$!L:@M2* M!VA-H@D>J%]/IEH>S-$DBG]41NA+292A-TBM>(#61).1!_S_B<8?Y7BB8G]& M%>%$$D77&\2&WB"U0@-:DVA&-*0$#;>K"*V):X$#F7&&WB"UP@%:DV@=#C3G MC=``BV@.X5(5#/U0HG12*RL*H+6\?C&DKA]>6"AG:\9':9Q&0N@(D-#6IGN. MT;UY*%E]8+^PTZEQ\NJ-/[4(X+'",#H\`WE`=M'Q://0/0_QAK_`\XQ+=F!_ M9/6A.#?.B>W!YQ(+I>X>>'2_M-4%U@Z/-*H6'F;@CT=XB,/@P<*2=]S[JFK[ M7_@GCN%IS_W_````__\#`%!+`P04``8`"````"$`AH36:/<%``"1&```&0`` M`'AL+W=O5IDHUBX;^:[#BU3LLN*P=O_Y^_[+W'6J.BEVR4D4?.V^\U`QZ*:NT>Z_J\]+PJ/?(\J4;BS`M8V8LR3VKX6AZ\ZESR9-<\E)^\ MP/>G7IYDA:L\+,MK?(C]/DMY+-*GG!>UXRY/RL>G M\Y=4Y&=P\9"=LOJM<>HZ>;K\=BA$F3R<(.Y7%B9IZ[OYTG.?9VDI*K&O1^#. M4T3[,2^\A0>>-JM=!A'(M#LEWZ_=.[:,@YGK;59-@O[-^$ME_.U41_'R6YGM M_L@*#MF&?9([\"#$HX1^VTD3/.SUGKYO=N#/TMGQ??)TJO\2+[_S['"L8;LG M$)$,;+E[BWF50D;!S2B82$^I.`$!^-?),RD-R$CRVGR^9+OZN';'T]%DYH\9 MP)T'7M7WF73I.NE358O\/P5BZ$HY"=`)?**38#P*@\EL_ADO8_0"G^AE_FDF M(?J`3_3!V(B%_O1R-)[*3)/H.*F3S:H4+PZH%V*OSHFL!;8$OVV&53ZZG+^7 M=Z$L\7*>X:]31&S[6,8140M0FZD=!L;!@_X=J1A M*WX":>E%DFY?MVT-.HK`8M@BVD=BPT`8PC;;#,<@_V'AMEF4#ZU=V(4NBVQJ M,=@JS%A)5"8IZEEBTT)8@6N3U<=L)!A4,3/HA'.?)F2+('/GV71"01&"%H8G M-IU24#P(FG4@$@<4KQF'$NUH!N;ZF*6/6Z&*>B"^,8A325;Z:,)K]W*+%BV( M2%D"OU%TX#,KL-A>#X?I3BG=`5I0P"TO"::\T`)2,W0Q[U[5A!,I4*!U$9L6 MDCW8T1_.GO1!6:*%LK1Z0*1``0'-+$W%@R#=*T@LOCU$HP)8T6RL*/)_*86QJ03:RO09`84SG7Q8$`*905D%6N,[M]%T8#DT#&VXK:`U.0B.X0F M,R!FCZ&(*50`'[I'VF''PRA=[C0@.9!^.""<:J;DT$0#LHN<*13ME/.>Y!`5 M-@.*A=.I[J4T&#FIC&`^[I/RB*UTI;,9SG6>&A%M$17`G-$Y[\U^1,V`J48M M-$W5KC0*2I,REV/L>N9JZ!$!X1R<=E4?,33!H-&<>@<2C>IQDA/*X'2;UM68 M(U319)Q`8%ENQ?M'D!Y`:X3F4!@-'6+)OC025OT.HM"T9ZQL*03 MLT&4K@'*7,ZRZYGC##69HXDRUWG"GC@T,A?6$(O9($H/,<(<=HTPOTDGC1/: MY%L3#6HBB+61AG1OC890>!30@:][>%E!_#$NYR(9C!@17+=;!!U$D(#B4 M4U0\C-(*I`')07BUMN2;^WU1RU;U141=Z(N(:GZSM+^96:\O:I3=@^2H,YG? MMA4X7(UB:?Q"PS':)9KD[]>N\@/?DENL43VJFXR"* MZ?*@S*V!>5NV^W-4ZKE7H\RJO@A1-""FJP\#P@$,9:\5Q70AT8!^QK2%6\K> M#G73UB2A]=!0C?!!J6Z#JCT6AE'V6%#WG.KZ+>?E@4?\=*J<5#S).TPXG6Y6 MG1DO6(-@>:=N6.T5!@OR2&/9MW`EVUP"V/8`KFJ'\.,EW!?U_=R%RSLXA`XL ML`F\>?`5L+*%4U/_F0A68CCC#:U,867HF2V$OH6T#SP#*S%TQJ$5B$8]XW7Q MPX7P.3GP[TEYR(K*.?$])-MO;HM*=:6LOM3B#)L`U\*BAJO@YL\C7/USN&/S M1U#->R'J]@N\VNO^,V'S/P```/__`P!02P,$%``&``@````A`(\?\=!>!0`` MRA,``!D```!X;"]W;W)K&ULK%A;C^HV$'ZOU/\0 MY7U)G!`N$7`$"=L>Z52JJEZ>L\%`M"1&27;9\^\[]CB7<5@!IWW9+)//G^>; M\<1,&7]G=> MV5]6/_^TN(CRM3IR7EO`4%1+^UC7Y]!QJO3(\Z0:B3,OX,U>E'E2P\?RX%3G MDB<[M2@_.9[K3IP\R0H;&<+R'@ZQWVD.0)$4%NZ^Q[Q*(:)`,_("R92*$S@`?ZT\DT<#(I)\J.U-;>N% M5_5S)JEL*WVK:I'_@R^9IL#%GEX,3[W8GXR"J>LSV.M>$E^3P%.3,'_DS0(6 M3!Y@&6L6>#8LXX==`:=5,."I26:C61",)[/I33T.!E;E*4[J9+4HQ<6"PP\A MK,Z)+"46`DN3(`QKF[+/,@:IDB1KR;*TH6HA*14#9;..]P-%*-V0PQ MC"*B!B'/@:2-3<.V9W!`0*L"4OP_J)`L4D6S_Z8Q=+(\P^4&T2R)3<.V9R`N MPX'JNWR](IKX2O#2AM/3B^^S-`5(T@66\L]`&UO@(@R8+I?F00K94V&-V@) M(*^=/Z;6"$$>438WSGNL0?VH>7/CA&TU"!Z][?PVM$39A"K#8A[)[E`?L_1U M(X`"2NC*6?.A:+&4)0<5C!80W(0@0HNO>C]6JL;X+6:+EC$5-[[N-X#NSX@$ M4P>UA68D:+=2'D8(\D!^+XX3"HH1-)ZI%O;$?.,L;O5[FM9I2T*2(;_###KK M@\F0'%2KME"M1JN-$.11D*$E1E``,[T-B.\:-;N]`2*"(2K_6;#DH(*UI:_% M=XU*BA!$!/NN44DQ@@*&R9T9!V2K7]-X?%)H#%!]K5J1-GJL.@>BZ'W_V>XZ@DGFL3\9R9W4/^(H&C M0V;#H!7&MU#4I[+X^%-Y(^Q2$\(UYN$,^AUBZZKR7>!>#'VIQAAC#E8BHX2Y%_7N$.S,.OR%=6>%[(>KF`VSM MM+=PJW\!``#__P,`4$L#!!0`!@`(````(0!*H3^-F@8``&L:```9````>&PO M=V]R:W-H965TEN&Q\-IGZ7G')Q;Z\'#?^WW\]W"U]KVFSRSX[BTNQ\;\5C?]I^_-/ZQ=1 M/S6GHF@]\'!I-OZI;:]Q$#3YJ:BR9B*NQ06>'$1=92W\6A^#YEH7V5XNJLX! MGT[G0965%U]YB.M;?(C#HZJK'YZ MOM[EHKJ"B\?R7+;?I%/?J_+X\_$BZNSQ#+J_LBC+.]_REX'[JLQKT8A#.P%W M@2(ZU+P*5@%XVJ[W)2C`L'MU<=CX]RQ.^!3B":&?]VB"Q<%@]8/,P!^UMR\.V?.Y_5.\_%J4QU,+Z9Z! M(A06[[^E19-#1,'-A,_04R[.0`#^]:H22P,BDGW=^!Q>7.[;T\8/YY/98AHR M@'N/1=,^E.C2]_+GIA75OPK$M"OE)-1.X*=VPN:3B,\6RQ_Q$FDO\+/SLKC9 M2Z!TR3"E69MMU[5X\:#V@'ESS;"260R>N_@H-7W$7@L81`J=W*.7C0^;!F+1 M0):_;*-EM`Z^0&9RC=D-,8PBD@Z!:4"WJ64(@&]/&K+Q/Y!&+TBZ>]VN,Q@5 MW&'8(;HEJ64@#"'5-L/QX\^:=PH2JL#`XR<"2VA;"!ES; M;%22)PNHX/94YD\[H4IXA&4(R50I1A]0)`N+9;2[WZ+#EC5PIRV02HN/4[V)`G&H2`OD*$M' M0?-QTG-*^ETY01]4B[90+8N>@4QEHD"<@I84E(Z"5CV()`#R;2<`M?`Y-M17 M^FR7"UQ'^6L+H19.^[]U?_>KAT$ M4[[:0OFZ?4V!0CGF%$/;0NBL*)V;(XGK*#-MH][>4I,E"I.%2OE[Z.J1A.TP[Z-,&VB5)T6 MD6A4N-0A7S!WX[D(QDW]4R'P)EO(V[7+$"V#:W9%M#3-21;$3J,X[/Z^SPT[ MN$;)`=(-?+8R-%61&Q3$B#+'2?7A%*AQ1U*@3,"^RTK"]%"TIPV;.[)3@QI0 MQ4'T8:IJFA&JVF2.'PGK9QX>H/B4.;63=@!5.P`P^X"&%^>0Q?D[A:&F%B&G M3="F^BK@H5.H"9ZCH:(BB+"%J`:<5N_1@.N<=JY-5(.S&Q.F4+2PAAIZ%&Z7.S9]C3[.,)>^.IWIS:^=`FJL4]:^F%$>QMLTF&6O2DN#0H0?T?S0?THFC1<]?HF5F2*C]H1=&ZF-??F42$XVT M,V'E<>R62/>SMIM#.VPJN!DH.[<#:51WM)VM3`FHYF,`5BIFKS0?CK//JORW M6XY$.R%5P],A[33$1"^TS[?$1$.*0\[B='-(U7"TFSK7)AI2MR%J%+"S(^:T MG-2@9/'RJ7%#Z>/,L^A_)Z1ZCEI=`S^*AG5@6I>N4H4B(;5-E!,.)(O3S2'5 M0]%FITTTI&Y/P],A:`!V.E@.(#4`.^:FK5#Z.(L<^FSV@[<37`]'6XLV42W. MADKT0M(/]'"4+8)2!5\?IXI.G'VF383J?-"Z%`I:@`S[2'/H`5;8YZ;'4"TX M>P*7U/?RT])9L8/+:WDA MY]HY.!IYPRZ,X8YN^.;[*+Z'K[Z1!XS#F^6]@?,*F,D@8VQ-"D_2T2<)Y[!F MC$`*3]+1)PF/8(W<"0X#:)FP9NQ)LH@3^5GCKEC$Z9@]6<4)?*X/Y:P4SS,'X1HNU_@U4'_9Z+M?P```/__ M`P!02P,$%``&``@````A`+2-X5)+`P``J0L``!``"`%D;V-0&UL(*($`2B@``$````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M````````````````````````````````````````````````````````G%91 M;]HP$'Z?M/^`\MZ&=FB=JI"J!;I6*@,MM'NTW.0@%HZ=V2:"_?I=D@()N![= MFV/?=_Y\W]WE@IMUQCL%*,VDZ'L7YUVO`R*6"1.+OO<\NS_[YG6TH2*A7`KH M>QO0WDWX^5,P53('91CH#KH0NN^EQN37OJ_C%#*JS_%8X,E0HV,YW&?KZ(2U6;U6*\):]6)A6P,2D MH,BMU@?YM6,:I5(9,@.5D2&\&JN3(2A68#45@)ICSE;U;+_O'@N"O%"^LD?_ M$9M-!F1&U^_P'64YEQO`1#$R7A*4!/N*KBJ93+%X=[SWBD8I59!*GF!;VT:E MQ.$F0NT06)2)0GY"CJ_'.K9:N46\L&(.5<2GHEAV%F.'F&1F==^4T^7Z0%67 MJ5U<%V*OLM&A+JX+W/)<6N-W),^C*$";*AF8.`TRH#DSE&.C3\CP M-,AHC5FMZBP>G0898IDSKLD/JI2]^3G39VR_Q95Q`RNDE7&MCY*A%7*8?-$J MRZC:E%T9CTZ#M+K229!6P#[2Q\AWR@1YLA-[ISK>+K,2:2"?QI M,GN4FZT46WDV"`]#V?+\1/."$IWCI9)!2L8!D:W-\ M4`ZE+_7D'5[TSKM?NCAO-O8"?S]CAW\!``#__P,`4$L#!!0`!@`(````(0"G MG[SWE0```*D````0````>&PO8V%L8T-H86EN+GAM;#R.00H",1`$[X)_&.;N M9O4@*DD6%'R!/B!D1Q-()DLFB/[>>/'24#14MY[>.<&+JL3"!K?#B$#LRQSY M:?!^NVX."-(J6]2_X27&3H!A:#H;7EI)3X0-G)4!;BWCQ* MS:YUK$\E2R4W2R!J.:G=..Y5[@*TVD,U>#XBQ/X!(?U26:W^(_8+``#__P,` M4$L#!!0`!@`(````(0"]0@V3,@$``$`"```1``@!9&]C4')O<',O8V]R92YX M;6P@H@0!**```0`````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M```````````````````````````````````````````````````````````` M``````````````````````````````````````````````````````"&>PMLSBRD98F:G5QBXHS&&\*WCE@H`;3;OY=U79W1DT?ROCP\ MWT>YV)DF^P0?=&LK1`N",K"R5=K6%7I:+_,YRD(45HFFM5"A/02TX)<7I71, MMAX>?.O`1PTA2R0;F'05VL;H&,9!;L&(4*2&3>&F]4;$=/0U=D*^BQKPA)!K M;"`*):+`!V#N1B(:D$J.2/?AFQZ@)(8&#-@8,"TH_NY&\";\>:%/SII&Q[U+ M,PVZYVPEC^'8W@4]%KNN*[IIKY'\*7Y9W3_VH^;:'G8E`?'#?AH1XBJMSY[LTW60C;$O_.2B5[.R8]B`@J2^^QH]TI>9[>WJV7B$\(G>5DEM.K-26, M3-AL_EKB4VNXST>@&03^33P!>._]\\_Y%P```/__`P!02P$"+0`4``8`"``` M`"$`K+&?$A0"``"F'0``$P``````````````````````6T-O;G1E;G1?5'EP M97-=+GAM;%!+`0(M`!0`!@`(````(0"U53`C]0```$P"```+```````````` M`````$T$``!?]T&F0`(``.4< M```:`````````````````','``!X;"]?&PO=V]R:W-H965T&UL4$L! M`BT`%``&``@````A`$A(Z2<_!```*A(``!D`````````````````CQ,``'AL M+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A M`*9>AH[[`@``80@``!D`````````````````;!T``'AL+W=O(```>&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`'E$!V2"`P``^@L` M`!D`````````````````_"8``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`!/FU)G,`P``FPP``!@````````````` M````3#```'AL+W=O&UL4$L!`BT`%``&``@````A``HV@AW;`P``-0X``!D````` M````````````KC8``'AL+W=O&PO=V]R M:W-H965T&UL4$L!`BT`%``&``@````A`,S!\0[(`@``IP@``!@````````` M````````]H0``'AL+W=O&PO=&AE;64O=&AE;64Q+GAM;%!+`0(M`!0`!@`( M````(0#^'R(PX0(``.$'```9`````````````````-V3``!X;"]W;W)K&UL4$L!`BT`%``&``@````A`.*^YT7K!```JA4``!D` M````````````````]98``'AL+W=O&PO M=V]R:W-H965T&UL4$L!`BT`%``&``@````A`+4@+7\Y`@``$P4``!D````````````````` M>:,``'AL+W=O&PO=V]R:W-H965TJI`(``.$&```9```````` M`````````.BH``!X;"]W;W)K&UL4$L!`BT`%``& M``@````A`)?YWZ/X`@``3`@``!D`````````````````PZL``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`$J_W5U+ M!P``LQ\``!D`````````````````B[P``'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`#SX;M./!P``<2```!@````` M````````````*\P``'AL+W=O&PO=V]R:W-H965T&UL4$L! M`BT`%``&``@````A`!GAL8W*!0``HQ@``!@`````````````````Z>,``'AL M+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`,^L(H*"!P``*B(``!D````````` M````````C_,``'AL+W=O'@``&0````````````````!(^P``>&PO=V]R:W-H M965T&UL4$L! M`BT`%``&``@````A`(XI4K59=(8& M``"K&P``&0`````````````````<#@$`>&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A M`*3;;GN0`P``,PL``!D`````````````````N!@!`'AL+W=O&PO=V]R:W-H965T&UL4$L!`BT`%``&``@````A`(\?\=!>!0``RA,` M`!D`````````````````L"D!`'AL+W=O&PO=V]R:W-H965T%2 M2P,``*D+```0`````````````````!8V`0!D;V-0&UL4$L! M`BT`%``&``@````A`*>?O/>5````J0```!``````````````````ESH!`'AL M+V-A;&-#:&%I;BYX;6Q02P$"+0`4``8`"````"$`O4(-DS(!``!``@``$0`` M``````````````!:.P$`9&]C4')O<',O8V]R92YX;6Q02P4&`````#D`.0!X )#P``PST!```` ` end XML 13 R46.htm IDEA: XBRL DOCUMENT v2.4.1.9

Segment Reporting - Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Other (3) $ 125

Mt. Hamilton

Exploration expense

Interest expense (1)(4)

Other (3)

Pre-tax loss

Total assets (2)(5)(6) 16,257 15,009

Capital Expenditures (4) 16,257 15,009

Exploration

Exploration expense 25 48

Interest expense (1)(4)

Other (3) 10 135

Pre-tax loss 35 183

Total assets (2)(5)(6) 54 346

Capital Expenditures (4) 54 346

Corporate and Other

Exploration expense

Interest expense (1)(4)

Other (3) 416 452

Pre-tax loss 416 452

Total assets (2)(5)(6) 1,856 4,715

Capital Expenditures (4) 1,856 4,715

Consolidated

Exploration expense 25 48

Interest expense (1)(4)

Other (3) 426 587

Pre-tax loss 451 635

Total assets (2)(5)(6) 18,167 20,070

Capital Expenditures (4) $ 18,167 $ 20,070

X

- Definition

This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 940

-SubTopic 20

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51673353&loc=d3e41242-110953

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 10

-Article 5

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 9

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35755396&loc=d3e33749-111570

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.12)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 11

-Article 7

+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of the cost of borrowed funds accounted for as interest expense.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.9)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

+ Details

Name: us-gaap_InterestExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3213-108585

+ Details

Name: us-gaap_PaymentsToAcquireProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ExplorationExpenseMineralProperty

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=XPL_ConsolidatedMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=XPL_ExplorationMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=XPL_MtHamiltonMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 14 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9

Marketable Equity Securities - Changes in Marketable Securities (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Accounting Policies [Abstract]

Gross cash proceeds $ 350

Cost 50XPL_CostMarketableSecurities

Gross gain on sale included in earnings during the period (300)us-gaap_MarketableSecuritiesGainLoss

Deferred taxes on gross gain on sale included in earnings (105)

Valuation allowance on deferred taxes on gross gain on sale included in earnings 105

Reclassification adjustment to unrealized gain in other comprehensive income for net gains included in earnings (300)

Gross unrealized holding (loss) gain arising during the period included in other comprehensive loss (598) 586

Deferred taxes on unrealized holding (loss) gain included in other comprehensive loss 207 (204)

Valuation allowance on deferred taxes on unrealized holding losses included in other comprehensive loss (207) 104

Net unrealized holding (loss) gain (598) 486

Other comprehensive (loss) income from marketable equity securities $ (598) $ 186

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

This item represents the tax effects occurring during the period which are related to the net unrealized gain (loss) resulting from changes in the fair [carrying] value during the period of available-for-sale securities. Such tax affects would have been charged or credited directly to other comprehensive income or to related components of shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 20

-Section 45

-Paragraph 11

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e39076-109324

+ Details

Name: us-gaap_AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7(c))

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a),(c)-(e)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

+ Details

Name: us-gaap_MarketableSecuritiesGainLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount before tax, after reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 10A

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669646-108580

+ Details

Name: us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of tax expense (benefit), after reclassification adjustments, of appreciation (loss) in value of unsold available-for-sale securities. Excludes amounts related to other than temporary impairment (OTTI) loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 10A

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669646-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580

+ Details

Name: us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow associated with the sale of equity securities classified as available-for-sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26853-111562

+ Details

Name: us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate net change in the difference between the fair value and the carrying value, or in the comparative fair values, of marketable securities categorized as trading held at each balance sheet date, that was included in earnings for the period, which may have arisen from (a) securities classified as trading, (b) the unrealized holding gain (loss) on held-to-maturity securities transferred to the trading security category, and (c) the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) on available-for-sale securities transferred to trading securities during the period and/or any unrealized gains or losses on investments that are separately or otherwise not categorized as trading or available-for-sale.

+ References

No definition available.

+ Details

Name: us-gaap_UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_CostMarketableSecurities

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_OtherComprehensiveIncomeLossFromMarketableSecurities

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_UnrealizedHoldingGainLossDuringPeriodIncludedInOtherComprehensiveIncome

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ValuationAllowanceOnGainOnSaleIncludedInEarnings

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ValuationAllowanceOnUnrealizedHoldingLossesIncludedInOtherComprehensiveIncome

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 15 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; word-wrap: break-word; } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 16 R25.htm IDEA: XBRL DOCUMENT v2.4.1.9

Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest (Tables)
3 Months Ended

Mar. 31, 2015

Equity:

Shareholders Equity

(in thousands, except Accumulated Total

Share amounts) Common Common Additional Other Solitario Non- Total

Stock Stock Paid-in Accumulated Comprehensive Shareholder Controlling Shareholders’

Shares Amount Capital Deficit Loss Equity Interest Equity

Balance at December 31, 2014 39,247,689 $393 $54,512 $(46,563) $(1,120) $7,222 $(441) $6,781

Stock option expense - - 157 - - 157 - 157

Net loss - - - (450) - (450) (1) (451)

Net unrealized gain on marketable
 equity securities - - - - (598) (598) - (598)

Balance at March 31, 2015 39,247,689 $393 $54,669 $(47,013) $(1,718) $6,331 $(442) $5,889

X

- Details

Name: us-gaap_EquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income, and compensation-related costs for equity-based compensation. Includes, but is not limited to, disclosure of policies, compensation plan details, equity-based arrangements to obtain goods and services, deferred compensation arrangements, and employee stock purchase plan details.

+ References

No definition available.

+ Details

Name: us-gaap_ShareholdersEquityAndShareBasedPaymentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 17 R42.htm IDEA: XBRL DOCUMENT v2.4.1.9

Income Taxes (Details Narrative) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Deferred tax benefit statement of operations $ 100us-gaap_DeferredIncomeTaxExpenseBenefit

Deferred tax expense in other comprehensive income for net unrealized gains of $286,000 on marketable equity securities $ 100

X

- Definition

Amount of deferred federal income tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330036-122817

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Deferred Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6510177

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name: us-gaap_DeferredFederalIncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 6.I.7)

-URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330036-122817

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 6

-Section I

-Subsection 7

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Deferred Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6510177

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name: us-gaap_DeferredIncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 18 R37.htm IDEA: XBRL DOCUMENT v2.4.1.9

Short Term Debt (Details Narrative) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2014

Debt Disclosure [Abstract]

Repayment UBS line of credit $ 802,000us-gaap_RepaymentsOfLinesOfCredit

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(f))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3291-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

+ Details

Name: us-gaap_RepaymentsOfLinesOfCredit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 19 R47.htm IDEA: XBRL DOCUMENT v2.4.1.9

Segment Reporting - Segment Reporting (Details) (Parenthetical) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Mt. Hamilton

(1) (4) Interest cost and depreciation capitalized to Mt. Hamilton mineral properties $ 171 $ 161

Exploration

(3)(5)Includes investment in unconsolidated subsidiary 153

Corporate and Other

(2)(6) Includes investment in marketable securities $ 1,710 $ 4,210

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_InterestCostAndDepreciationCapitalized

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_InvestmentInMarketableSecuritiesIncludedInSegmentReporting

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_InvestmentInUnconsolidatedSubsidiaryIncludedInSegmentReporting

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=XPL_ExplorationMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_StatementBusinessSegmentsAxis=XPL_MtHamiltonMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 20 R9.htm IDEA: XBRL DOCUMENT v2.4.1.9

Marketable Equity Securities
3 Months Ended

Mar. 31, 2015

Marketable Securities [Abstract]

Marketable Equity Securities

3. Marketable equity securities

Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. The cost of marketable equity securities sold is determined by the specific identification method. Changes in market value are recorded in accumulated other comprehensive income or loss within shareholders' equity, unless a decline in market value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statement of operations.

The following tables summarize Solitario’s marketable equity securities and accumulated other comprehensive income related to its marketable equity securities:

(in thousands) March 31, 2015 December 31, 2014

 Marketable equity securities at fair value $1,710 $2,308

 Cost 1,869 1,869

 Accumulated other comprehensive (loss) income for
 unrealized holding gains (159) 439

 Deferred taxes on accumulated other comprehensive
 income for unrealized holding gains (1,559) (1,559)

Accumulated other comprehensive income $(1,718) $(1,120)



The following table represents changes in marketable equity securities.

(in thousands) Three months ended
March 31,

2015 2014

Gross cash proceeds $ - $350

Cost - 50

Gross gain on sale included in earnings during the period - 300

Deferred taxes on gross gain on sale included in earnings - (105)

Valuation allowance on deferred taxes on gross gain on sale included in earnings - 105

Reclassification adjustment to unrealized gain in other
 comprehensive income for net gains included in earnings - (300)

Gross unrealized holding (loss) gain arising during the period
 included in other comprehensive loss (598) 586

Deferred taxes on unrealized holding (loss) gain included in
 other comprehensive loss 207 (204)

Valuation allowance on deferred taxes on unrealized holding losses

included in other comprehensive loss
(207) 104

Net unrealized holding (loss) gain (598) 486

Other comprehensive (loss) income from marketable equity securities $(598) $186

X

- Definition

Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=51655414&loc=d3e18780-107790

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 325

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6872867&loc=d3e40691-111596

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 50

-Paragraph 3

-Subparagraph (a)(2)

-URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section M

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.2,12)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_InvestmentPolicyTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_MarketableSecuritiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

EXCEL 21 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls M[[N_34E-12U697)S:6]N.B`Q+C`-"E@M1&]C=6UE;G0M5'EP93H@5V]R:V)O M;VL-"D-O;G1E;G0M5'EP93H@;75L=&EP87)T+W)E;&%T960[(&)O=6YD87)Y M/2(M+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y M,C$U8C@U,&$B#0H-"E1H:7,@9&]C=6UE;G0@:7,@82!3:6YG;&4@1FEL92!7 M96(@4&%G92P@86QS;R!K;F]W;B!A'!L;W)E&UL;G,Z=CTS1")U&UL;G,Z;STS1")U&UL/@T*(#QX.D5X8V5L5V]R:V)O;VL^#0H@(#QX M.D5X8V5L5V]R:W-H965T5]);F9O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O#I%>&-E;%=O3PO>#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I. M86UE/DUA#I7;W)K#I7;W)K#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DEN8V]M95]487AE#I.86UE/@T*("`@(#QX M.E=O#I%>&-E;%=O M#I.86UE/D5M<&QO>65E7U-T;V-K7T-O;7!E;G-A M=&EO;E]0;#PO>#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE M/E-H87)E:&]L9&5R#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/E-E9VUE;G1?4F5P;W)T:6YG/"]X M.DYA;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/DUI;F5R86Q?4')O<&5R='E?5&%B;&5S/"]X.DYA M;64^#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O#I%>&-E;%=O#I.86UE/@T*("`@ M(#QX.E=O#I%>&-E M;%=O#I.86UE/E-H;W)T7U1E#I7;W)K#I.86UE/@T*("`@(#QX.E=O M#I%>&-E;%=O#I.86UE/D9A:7)?5F%L=65?5&%B;&5S/"]X.DYA;64^ M#0H@("`@/'@Z5V]R:W-H965T4V]U#I%>&-E;%=O5]#;VUP#I.86UE/@T*("`@(#QX.E=O#I%>&-E;%=O#I.86UE/E-E9VUE;G1?4F5P;W)T:6YG7U1A8FQE#I.86UE/@T* M("`@(#QX.E=O#I% M>&-E;%=O#I.86UE/D)U#I7;W)K#I7;W)KF5D7T0\+W@Z3F%M93X-"B`@("`\>#I7;W)K#I7;W)K#I7;W)K5]396-U#I7;W)K5]396-U#I7;W)K M5]O9E]3:&\\+W@Z3F%M93X-"B`@("`\>#I7 M;W)K#I7;W)K#I7;W)K#I7;W)K#I7;W)K#I% M>&-E;%=O#I%>&-E;%=O&5S7T1E M=&%I;'-?3F%R#I%>&-E;%=O&5S7T1E=&%I;'-?3F%R#I. M86UE/@T*("`@(#QX.E=O#I7;W)K#I7;W)K#I%>&-E;%=O#I!8W1I=F53 M:&5E=#XP/"]X.D%C=&EV95-H965T/@T*("`\>#I0#I%>&-E;%=O7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA2!);F9O'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$"!+97D\+W1D/@T*("`@("`@("`\=&0@8VQA'0^36%R(#,Q+`T*"0DR,#$U/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^9F%L2!A(%=E;&PM:VYO M=VX@4V5A'0^3F\\2!A(%9O;'5N=&%R>2!&:6QE'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!&:6QE3PO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^4VUA;&QE3QS<&%N/CPO'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!S96-U3PO=&0^#0H@("`@("`@ M(#QT9"!C;&%SF5D M(#$P,"PP,#`L,#`P('-H87)E'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$F5D/"]T9#X-"B`@("`@ M("`@/'1D(&-L87-S/3-$;G5M<#XQ,"PP,#`L,#`P/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y M,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q M9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R'!E;G-E'!E;G-E*3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2!S96-U7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$F%T:6]N/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M M<#XS/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S6%B;&4@86YD(&]T:&5R(&-U M'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYBF5D('1O M(&UI;F5R86P@<')O<&5R='D\+W1D/@T*("`@("`@("`\=&0@8VQA3PO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^)FYB7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T* M("`@("`@/'1R(&-L87-S/3-$'0^ M/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2!#;W)P+B`H)B,Q-#<[4V]L:71A2!O9B!#2!T2!O;B!T:&4@5&]R;VYT;R!3 M=&]C:R!%>&-H86YG92`H=&AE("8C,S0[5%-8)B,S-#LI('1H2!/<&5R871I;F<@06=R965M M96YT(&]F($UT+B!(86UI;'1O;B!,3$,@*'1H92`F(S$T-SM-2"!!9W)E96UE M;G0F(S$T.#LI('=I=&@@1$A)($UI;F5R86QS("A5+E,N*2!,=&0N+`T**"8C M,30W.T1(228C,30X.RD@86YD(&9OF4@:71S(&EN=&5R97-T(&EN('1H92!P M7!E(&]F(&%R M'!L;W)A=&EO;B!P;W1E M;G1I86P@86YD('1H92!D979E;&]P;65N="!O6QE/3-$)V9O;G0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M:6YD96YT.B`P+C5I;B<^ M5&AE(&%C8V]M<&%N>6EN9R!I;G1E2!D;R!N;W0@:6YC;'5D92!A;&P@ M9&ES8VQO2!A8V-E<'1E9"!A M8V-O=6YT:6YG('!R:6YC:7!L97,@9F]R(&%N;G5A;"!F:6YA;F-I86P@2!F;W(@82!F86ER('!R M97-E;G1A=&EO;BX@26YT97)I;2!R97-U;'1S(&%R92!N;W0@;F5C97-S87)I M;'D@:6YD:6-A=&EV92!O9@T*'0M:6YD96YT.B`P+C5I;B<^5&AE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6EN9PT*9FEN86YC:6%L('-T871E;65N=',@:&%V92!B965N M('!R97!A2!T:&4@4DU" M($QO86X@=VAE;B!I="!I6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2UO=VYE9"!S=6)S:61I87)I97,L(&-O;G1R;VQL M960@;F]N+7=H;VQL>2UO=VYE9"!S=6)S:61I87)I97,N($%L;"!S:6=N:69I M8V%N=`T*:6YT97)C;VUP86YY(&%C8V]U;G1S(&%N9"!T6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!W:71H;W5T(')EF5D#0IA&-E960-"G1H92!P2!O9B!I=',@:6YV M97-T;65N="!A2!O9B!M:6YE M'!L;W)A=&EO;@T*<&]T96YT:6%L.R`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`@6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&5S(')E8V]G;FEZ960@:6X@82!C;VUP86YY)W,@9FEN86YC:6%L M('-T871E;65N=',N($%30R`W-#`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`Q-"TQ-2X\+W`^#0H-"@T*#0H\<"!S='EL93TS1"=M87)G:6XZ(#!P="<^ M/"]P/CQS<&%N/CPO7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0M:6YD96YT.B`M,"XU:6XG/CQB M/C(N)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[)B,Q-C`[ M)B,Q-C`[36EN97)A;`T*4')O<&5R='D\+V(^/"]P/@T*#0H\<"!S='EL93TS M1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E'0M:6YD96YT.B`M,"XU:6XG M/B8C,38P.SPO<#X-"@T*/'`@6QE/3-$)W9E6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W9E6]U M="UG6]U="UG'0M86QI9VXZ(')I M9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I M9VAT.B`U+C1P=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M M;6]D93H@;&EN93L@=&5X="UA;&EG;CH@6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT M)SXU)B,Q-C`[/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXU)B,Q-C`[/"]T9#X\+W1R M/@T*/'1R('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXV M)B,Q-C`[/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXV)B,Q-C`[/"]T9#X\+W1R/@T* M/'1R('-T>6QE/3-$)W9E6QE/3-$ M)W!A9&1I;F6QE/3-$)W!A9&1I;F6]U="UG6QE M/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LQ M.28C,38P.SPO=&0^/"]T6]U="UG6QE/3-$)V)O6]U="UG'0M86QI9VXZ(')I9VAT)SXD,30L M-C8P/"]T9#X\+W1R/@T*/"]T86)L93X-"CQP('-T>6QE/3-$)V9O;G0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2!34DL@0V]N2!S='5D M>2!O;B!T:&4@370N($AA;6EL=&]N('!R;VIE8W0@*'1H92`F(S$T-SM5<&1A M=&5D#0I&96%S:6)I;&ET>2!3='5D>28C,30X.RDN/"]P/@T*#0H\<"!S='EL M93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE2!I;B!P;&%C92X\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'0M:6YD96YT.B`P+C5I;B<^4V]L:71AFEN9R!I=',@9&5V96QO<&UE;G0-"F-O2!3='5D>2P@87,@9&5T M86EL960@:6X@=&AE(&9O;&QO=VEN9PT*=&%B;&4Z/"]P/@T*#0H\<"!S='EL M93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)W9E6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6]U="UG M'0M86QI9VXZ(')I9VAT)SXD,34V)B,Q-C`[ M/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXD M(#0X-28C,38P.SPO=&0^/"]T6]U="UGF5D(&EN=&5R97-T/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LQ-CDF(S$V,#L\+W1D/@T* M("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D M:6YG+7)I9VAT.B`U+C1P=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T M+6=R:60M;6]D93H@;&EN93L@=&5X="UA;&EG;CH@6]U="UGF5D(&1E<')E8VEA=&EO;CPO=&0^#0H@("`@/'1D('-T>6QE M/3-$)W9E'0M86QI M9VXZ(')I9VAT)SXR)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$ M)W9E6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD(#,R-R8C,38P.SPO=&0^#0H@("`@/'1D M('-T>6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD(#8T-B8C,38P.SPO=&0^/"]T2!A M9&1I=&EO;F%L(&-O'!L;W)A=&EO;B!A8W1I=FET:65S(')E;&%T960@ M=&\@;W5R('!R;VIE8W1S(&%R92!E>'!E;G-E9"!A6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE'0M:6YD96YT.B`M,"XU:6XG/B8C M,38P.SPO<#X-"@T*/'`@'!L;W)A=&EO;B!E>'!E;G-E M/"]U/CPO<#X-"@T*/'`@6QE/3-$)W9E6]U="UG6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG'!E;G-E6QE/3-$)W9E6]U="UG'0M M86QI9VXZ(')I9VAT)SXD,C8F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@ M/'1D('-T>6QE/3-$)W9E6]U="UG6QE/3-$)W9E6QE M/3-$)VUA3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y M,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q M9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$2!396-UF5D(&%S(&$@;&]S'0M:6YD M96YT.B`P+C5I;B<^5&AE(&9O;&QO=VEN9R!T86)L97,@6QE/3-$)W=I9'1H.B`W,B4[(&QA>6]U="UG'0M86QI9VXZ(&IU6]U="UG'0M86QI9VXZ(')I9VAT)SXD,2PW,3`F(S$V,#L\ M+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`T+C5P=#L@ M;&%Y;W5T+6=R:60M;6]D93H@;&EN93L@=&5X="UA;&EG;CH@6QE/3-$)V)O6]U="UG'0M M86QI9VXZ(')I9VAT)SXQ+#@V.28C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE M/3-$)V)O6]U="UG'0M86QI M9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LF(S$V,#LQ+#@V.28C,38P.SPO=&0^ M/"]T6]U="UG'0M86QI9VXZ(')I9VAT)SXH,34Y*3PO=&0^#0H@("`@/'1D('-T M>6QE/3-$)W!A9&1I;F6QE/3-$)W9E6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ M(')I9VAT)SXD*#$L-S$X*3PO=&0^#0H@("`@/'1D('-T>6QE/3-$)V)O6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE2!S96-U M6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXD,S4P)B,Q-C`[/"]T9#X\+W1R M/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@=&]P M.R!P861D:6YG+7)I9VAT.B`U+C1P=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@ M;&%Y;W5T+6=R:60M;6]D93H@;&EN92<^0V]S=#PO=&0^#0H@("`@/'1D('-T M>6QE/3-$)W9E'0M M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\ M=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[)B,Q-C`[ M/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXS M,#`F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E M6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXQ M,#4F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E M6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[)B,Q M-C`[/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXU.#8F(S$V,#L\+W1D/CPO='(^#0H\ M='(^#0H@("`@/'1D('-T>6QE/3-$)W9EF5D(&AO;&1I;F<@*&QO6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SXH,C`T*3PO=&0^/"]T6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXH-3DX*3PO=&0^#0H@("`@/'1D('-T>6QE M/3-$)W9E'0M86QI M9VXZ(')I9VAT)SXT.#8F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D M('-T>6QE/3-$)W9E6QE/3-$)VUA3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C M,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O M'0O:'1M M;#L@8VAA6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`Q,'!T(%1I;65S($YE M=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)W9E6QE/3-$)W9E6]U="UG6]U="UG'0M M86QI9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q-C`[-S6QE/3-$)W9E2!P87EM96YT6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXY M,#`F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E M6QE/3-$)W9E6]U="UG6QE/3-$)W9E2!!9W)E96UE;G0N(%-E92!. M;W1E(#4L("8C,30W.U-H;W)T+71E'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UEF5D(&]N(&$@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE/3-$)W9E6]U="UG'0M86QI9VXZ M(&-E;G1E6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(&IU'0M86QI9VXZ(&-E;G1E'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXD*#@U*3PO=&0^#0H@ M("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE'0M M86QI9VXZ(&-E;G1E6]U M="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT)SXU-"8C M,38P.SPO=&0^/"]T6QE/3-$)W9E6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT)SXQ-CDF(S$V,#L\+W1D M/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P M861D:6YG+7)I9VAT.B`P+C`U:6X[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXQ-#DF M(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$ M)W9E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`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`F(S$V,#L\ M+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M M.R!P861D:6YG+7)I9VAT.B`P+C`U:6X[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXQ M,S`F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E M6QE/3-$)W9E6]U="UG6]U="UG'0M86QI9VXZ(')I M9VAT)SXF(S$V,#LX,B8C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E M6QE M/3-$)W9E2!B M86QA;F-E/"]T9#X-"B`@("`\=&0@6]U M="UG'0M86QI9VXZ(')I9VAT)SXD(#(F(S$V M,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T M=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q<'0@7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA6QE/3-$)VUA6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P M<'0O,3)P="!4:6UE6QE/3-$)V9O;G0Z(#$P<'0O,3)P="!4:6UE'0M:6YD96YT.B`P+C5I;CL@8F%C:V=R;W5N9"UC;VQO6QE/3-$)V9O;G0Z(#$P<'0O,3$U M)2!4:6UE2!T;R!D979E;&]P(&ET6QE/3-$)V9O;G0Z(#$P<'0O,3)P="!4:6UE'0M:6YD96YT.B`P+C5I;CL@8F%C:V=R;W5N9"UC;VQO'0M:6YD96YT.B`P+C5I;B<^ M5&AE(&9O;&QO=VEN9R!I2!A'0M86QI9VXZ(&IU6QE/3-$)W9E6QE/3-$)W=I9'1H.B`Q,R4[(&)O6QE/3-$)W=I9'1H.B`Q-"4[ M(&)O6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)VQA>6]U="UG6QE/3-$)W!A9&1I;FF4Z(#$R<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`U+C(U<'0[(&9O;G0M6QE/3-$)W!A9&1I;F6QE/3-$)W!A M9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT M)SXD,2PW,3`F(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$)VQA>6]U="UG M6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I M9VAT)SXM)B,Q-C`[)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS M1"=P861D:6YG+7)I9VAT.B`S<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL M93TS1"=P861D:6YG+7)I9VAT.B`U+C(U<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXR)B,Q-C`[/"]T9#X\+W1R/@T* M/"]T86)L93X-"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O M;6%N+"!4:6UE'0M86QI9VXZ(&IU6QE/3-$ M)W9E6QE M/3-$)W=I9'1H.B`Q,R4[(&)O6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)W9EF4Z(#$R<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`X+C(U<'0[(&9O;G0M6QE/3-$)W!A9&1I;FF4Z M(#$R<'0[(&QA>6]U="UG'0M86QI9VXZ(')I M9VAT)SXF(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$)VQA>6]U="UG6]U="UG'0M86QI9VXZ(')I M9VAT)SXD,BPS,#@F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D M:6YG+7)I9VAT.B`X+C(U<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q-C`[)B,Q-C`[+28C,38P.R8C M,38P.R8C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S M='EL93TS1"=P861D:6YG+7)I9VAT.B`X+C(U<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`S<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T* M("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`S<'0[(&QA>6]U="UG M'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D M/CPO='(^#0H\='(@6QE/3-$)VQA>6]U="UG6QE/3-$ M)W!A9&1I;F6]U M="UG'0M86QI9VXZ(')I9VAT)SXU-28C,38P M.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXU-28C,38P.SPO=&0^/"]T'0O:F%V87-C3X-"B`@ M("`\=&%B;&4@8VQA"!$:7-C M;&]S=7)E(%M!8G-T&5S/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$=&5X=#X\<"!S='EL93TS1"=M87)G:6XZ(#!P="<^/"]P/@T* M#0H\<"!S='EL93TS1"=F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E&5S/"]B/CPO<#X-"@T*/'`@'0M:6YD96YT.B`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`L,#`P(&EN(&]T:&5R(&-O;7!R96AE;G-I=F4@:6YC;VUE M(')E;&%T960@=&\@;F5T#0IU;G)E86QI>F5D(&=A:6YS(&]F("0R.#8L,#`P M(&]N(&UA'0O:F%V M87-C3X-"B`@("`\=&%B M;&4@8VQA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE/3-$)VUA6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE'!E;G-E(&]N('1H92!D871E(&]F M(&=R86YT(&9O2P-"F)A'!E;G-E(&9O MF%T:6]N#0IO9B!G6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE'0M:6YD96YT.B`P+C5I;B<^3VX@2G5N92`R-RP@,C`P-B!3 M;VQI=&%R:6\F(S$T-CMS#0IS:&%R96AO;&1E2!G&5R8VES92!P&5R8VES960@9'5R:6YG('1H M92!T:')E92!M;VYT:',@96YD960-"DUA6QE/3-$)V9O;G0Z(#$P<'0@ M5&EM97,@3F5W(%)O;6%N+"!4:6UE'!L;W)A=&EO;B`F(S,X.R!2;WEA;'1Y($-O2!G2!T86ME('1H92!F;W)M(&]F('-T;V-K(&]P=&EO;G,L('-T;V-K M(&%P<')E8VEA=&EO;B!R:6=H=',L(')E2!T:&4@0F]A'0M:6YD96YT.B`P+C5I;B<^5&AE6QE/3-$)VUA3X- M"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C M,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z M+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O M'0O:'1M M;#L@8VAA'0^/'-P M86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S M/3-$'0^/'`@6QE/3-$)W9E3H@0V]U&-E<'0\+V9O;G0^/"]T9#X-"B`@("`\ M=&0@6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E M;G1E6QE/3-$)V9O;G0M M6QE/3-$)V9O;G0M6QE/3-$)W9EF4Z(#AP M="<^4VAA6QE/3-$)V9O;G0M M6QE/3-$)V9O;G0M M'0M:6YD96YT.B`M-2XT<'0G M/CQF;VYT('-T>6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG'0M86QI M9VXZ(&-E;G1E6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$)W9EF4Z(#AP="<^5&]T M86P\+V9O;G0^/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`U+C1P=#L@<&%D M9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN92<^)B,Q M-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E3H@0T<@5&EM97,@*%6]U="UG'0M M86QI9VXZ(&-E;G1E6QE M/3-$)W9EF4Z(#AP="<^0V]M<')E:&5N6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6QE/3-$)V9O;G0M6]U="UG M'0M86QI9VXZ(&-E;G1EF4Z(#AP="<^06UO=6YT/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$ M)W9E'0M:6YD96YT.B`M-2XT<'0G/CQF;VYT('-T>6QE/3-$ M)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E M6QE/3-$)V9O;G0M6QE/3-$)W9E'0M86QI9VXZ(&-E;G1EF4Z(#AP="<^26YT97)E6]U="UG'0M86QI M9VXZ(&-E;G1E6QE/3-$ M)W9EF4Z(#AP="<^/&(^0F%L86YC92!A="!$ M96-E;6)E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F M;VYT+7-I>F4Z(#AP="<^/&(^,SDL,C0W+#8X.3PO8CX\+V9O;G0^/"]T9#X- M"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SX\ M9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)#4T+#4Q,B8C,38P M.SPO8CX\+V9O;G0^/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI M9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^ M)"@T-BPU-C,I/"]B/CPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`U+C1P=#L@ M<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN93L@ M=&5X="UA;&EG;CH@6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)W9E M6QE M/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG M+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG M'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D M/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P M861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V M,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T M=&]M.R!P861D:6YG+7)I9VAT.B`M,BXS<'0[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT M)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP=#L@=&5X="UU;F1E6QE/3-$)W9EF4Z(#AP="<^4W1O8VL@;W!T:6]N(&5X<&5N6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG'0M86QI9VXZ M(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P M.R8C,38P.R8C,38P.SPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`M-2XT<'0[ M('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z M(#AP="<^,34W)B,Q-C`[/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$ M)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I M>F4Z(#AP="<^+28C,38P.R8C,38P.R8C,38P.SPO9F]N=#X\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG M+7)I9VAT.B`M,2XT-7!T.R!P861D:6YG+6QE9G0Z(#4N-'!T.R!L87EO=70M M9W)I9"UM;V1E.B!L:6YE.R!T97AT+6%L:6=N.B!R:6=H="<^/&9O;G0@6]U="UG'0M86QI9VXZ(')I M9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C M,38P.R8C,38P.SPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T M:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`M,BXS<'0[('!A M9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP M="<^,34W)B,Q-C`[/"]F;VYT/CPO=&0^/"]T6]U="UG6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$ M)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I M>F4Z(#AP="<^+28C,38P.R8C,38P.R8C,38P.SPO9F]N=#X\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG M+7)I9VAT.B`M-2XT<'0[('!A9&1I;F6]U="UG M'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL M93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C,38P.R8C,38P.SPO9F]N M=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T M=&]M.R!P861D:6YG+7)I9VAT.B`M,2XT-7!T.R!P861D:6YG+6QE9G0Z(#4N M-'!T.R!L87EO=70M9W)I9"UM;V1E.B!L:6YE.R!T97AT+6%L:6=N.B!R:6=H M="<^/&9O;G0@6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C,38P M.R8C,38P.SPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A M;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I M;F6]U="UG'0M M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^ M*#0U,"D\+V9O;G0^/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ M(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^*#0U,2D\ M+V9O;G0^/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V97)T M:6-A;"UA;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`U+C1P=#L@<&%D9&EN M9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN92<^/&9O;G0@ M6]U="UG'0M86QI9VXZ(')I9VAT)SX\ M9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C,38P.R8C M,38P.SPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA M;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q<'0@6]U="UG'0M86QI9VXZ(')I9VAT)SX\ M9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C,38P.R8C M,38P.SPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA M;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q<'0@6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)V9O M;G0M6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG M6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)W9E6QE M/3-$)W9E'0M86QI M9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^ M)"@T-RPP,3,I/"]B/CPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q M<'0@6QE/3-$)V9O;G0M6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S M='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)#4L.#@Y)B,Q-C`[/"]B/CPO M9F]N=#X\+W1D/CPO='(^#0H\+W1A8FQE/@T*#0H-"CQP('-T>6QE/3-$)VUA M3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U M,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U M95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^ M/'`@'0M:6YD96YT.B`P:6XG/CQB/C$Q+B8C M,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.R8C,38P.U-E9VUE M;G0-"E)E<&]R=&EN9SPO8CX\+W`^#0H-"CQP('-T>6QE/3-$)V9O;G0Z(#$P M<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2`R,BP@,C`Q,BP@87,@ M9&5T86EL960@86)O=F4@:6X@3F]T92`R+"`F(S$T-SM-:6YE6QE/3-$)W!A9&1I M;F6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E M6QE/3-$)W9E M6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LD)B,Q-C`[)B,Q-C`[)B,Q-C`[,C4F M(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9EF4Z(#AP="<^*#$I M/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\ M=&0@6QE/3-$)W9E6QE M/3-$)W9E6QE/3-$)W9E M'0M86QI9VXZ(')I M9VAT)SXD-30F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A M;"UA;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q<'0@6QE/3-$ M)W9E'!E;F1I='5R97,\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q M<'0@6QE/3-$)W=I9'1H.B`Q,#`E M.R!F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)W=I9'1H.B`Q.2XU<'0G/CQF;VYT('-T M>6QE/3-$)V9O;G0MF4Z(#AP="<^26YT97)EF5D#0IT;R!-="X@ M2&%M:6QT;VX@;6EN97)A;"!P6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG6]U="UG'0M86QI9VXZ(&-E;G1E M6]U="UG6QE/3-$)W9E'!L;W)A M=&EO;CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG M'0M86QI9VXZ(&-E;G1E6]U="UG6]U="UG'0M86QI M9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q-C`[)B,Q-C`[+28C,38P.R8C,38P.SPO M=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)W9E M6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT M)SXM)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q M-C`[)B,Q-C`[/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A M9&1I;F6]U="UG6QE/3-$)V9O;G0M6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXU.#6QE/3-$)W9E"!L;W-S/"]T9#X-"B`@("`\=&0@ M6QE/3-$)W9E M'0M86QI9VXZ(')I M9VAT)SXD-C,U)B,Q-C`[/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL M93TS1"=V97)T:6-A;"UA;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`M,"XY M<'0[('!A9&1I;F6]U="UGF4Z(#AP M="<^*#4I*#8I/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SXD,34L,#`Y)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E M'!E;F1I='5R97,@/&9O;G0@6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT M.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)W=I9'1H.B`Q.2XU<'0G/CQF;VYT('-T>6QE/3-$ M)V9O;G0MF4Z(#AP="<^17AP;&]R871I;VX@;W1H97(@:6YC;'5D97,@;&]S6QE/3-$)V9O;G0M6QE/3-$)W9E6QE M/3-$)W=I9'1H.B`T-7!T)SX\+W1D/CQT9"!S='EL93TS1"=W:61T:#H@,3DN M-7!T)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^*#4I/"]F;VYT M/CPO=&0^/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)V9O;G0M'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^/'-P86X^ M/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$ M'0^/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE'!L;W)A M=&EO;B`F(S,X.PT*4F]Y86QT>2!#;W)P+B`H)B,Q-#<[4V]L:71A2!T:&4@56YI=&5D(%-T871E M&-H86YG92!#;VUM:7-S:6]N("@F(S$T-SM3 M14,F(S$T.#LI+"!W:71H(&$@8W5R2UO=VYE9`T*2!O9B!#&-H86YG92`H=&AE("8C,S0[5%-8)B,S-#LI('1H'!L;W)A=&EO;@T*2!#;VUP86YY($]P97)A=&EN9R!!9W)E96UE;G0@ M;V8@370N($AA;6EL=&]N($Q,0R`H=&AE("8C,30W.TU(#0I!9W)E96UE;G0F M(S$T.#LI('=I=&@@1$A)($UI;F5R86QS("A5+E,N*2!,=&0N+"`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`T*=&AA="!S;VUE('!OF5D+CPO<#X-"@T* M/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE&5S(')E8V]G;FEZ960@:6X@82!C;VUP M86YY)W,@9FEN86YC:6%L('-T871E;65N=',N($%30R`W-#`@<')E"!R971U2=S('1A M>"!P;W-I=&EO;B!W:6QL(&)E(&-O;G-I9&5R960@2!H87,-"F-O;7!L971E9"!I=',@97AA;6EN871I M;VXL('1H92!C;VUP86YY(&1O97,@;F]T('!L86X@=&\@87!P96%L+"!A;F0@ M:70@:7,@&EN9R!A=71H;W)I='D@=V]U;&0@ M&%M:6YE('1H90T*=&%X('!O'0M:6YD96YT.B`M,"XU M:6XG/B8C,38P.SPO<#X-"@T*/'`@6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE2!T;R!#;VYT:6YU92!A2!T;R!C;VYT:6YU92!A M28C,30V.W,@86)I M;&ET>2!T;R!C;VYT:6YU92!A2!W:6QL('!R;W9I9&4@87!P'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E M6]U="UG6QE/3-$)W9E'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E'0M M86QI9VXZ(&-E;G1E6]U M="UG6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT M)SXF(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$)W!A9&1I;F6QE/3-$)V)O'0M86QI9VXZ(')I9VAT)SXD,30L-C0Q)B,Q-C`[/"]T9#X\+W1R/@T* M/'1R('-T>6QE/3-$)W9E6QE M/3-$)W!A9&1I;F6QE/3-$)W9E6QE/3-$)W!A9&1I;F&EC;RD\+W1D/@T* M("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`U+C1P=#L@<&%D9&EN M9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN93L@=&5X="UA M;&EG;CH@6QE/3-$)W!A9&1I;F6]U="UG'0M86QI M9VXZ(')I9VAT)SXU)B,Q-C`[/"]T9#X-"B`@("`\=&0@6]U M="UG'0M86QI9VXZ(')I9VAT)SXU)B,Q-C`[ M/"]T9#X\+W1R/@T*/'1R('-T>6QE/3-$)W9E6QE/3-$)W!A9&1I;F'!L M;W)A=&EO;CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)V)O6QE/3-$ M)W!A9&1I;F'0^/'1A8FQE(&-E;&QS<&%C:6YG/3-$,"!C96QL<&%D9&EN M9STS1#`@6QE/3-$)W9E6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE/3-$ M)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE6]U="UG'0M86QI9VXZ(')I9VAT)SXD,34V)B,Q-C`[/"]T9#X-"B`@("`\=&0@ M6]U="UG'0M86QI9VXZ(')I9VAT)SXD(#0X-28C,38P.SPO=&0^ M/"]T6]U="UGF5D(&EN=&5R M97-T/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT M)SXF(S$V,#LF(S$V,#LQ-CDF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS M1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`U+C1P M=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN M93L@=&5X="UA;&EG;CH@6]U="UGF5D(&1E M<')E8VEA=&EO;CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXR)B,Q M-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E6QE/3-$)W9E M'0M86QI9VXZ(')I M9VAT)SXD(#,R-R8C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SXD(#8T-B8C,38P.SPO=&0^/"]T'!L;W)A=&EO M;B!%>'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X=#X\=&%B M;&4@8V5L;'-P86-I;F<],T0P(&-E;&QP861D:6YG/3-$,"!S='EL93TS1"=W M:61T:#H@,3`P)3L@9F]N=#H@,3!P="!4:6UE6QE/3-$)W9E6]U="UG6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG'!E;G-E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXD M,C8F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE/3-$)W9E M6]U="UG6QE/3-$)W9E7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S M8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I M=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA7!E/3-$=&5X="]J879A2!396-U6QE/3-$)W=I9'1H M.B`W,B4[(&QA>6]U="UG'0M86QI9VXZ(&IU M6]U="UG'0M M86QI9VXZ(')I9VAT)SXD,2PW,3`F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL M93TS1"=P861D:6YG+7)I9VAT.B`T+C5P=#L@;&%Y;W5T+6=R:60M;6]D93H@ M;&EN93L@=&5X="UA;&EG;CH@6QE/3-$)V)O6]U="UG'0M86QI9VXZ(')I9VAT)SXQ+#@V M.28C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)V)O6]U M="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF M(S$V,#LF(S$V,#LQ+#@V.28C,38P.SPO=&0^/"]T6]U="UG'0M86QI9VXZ(')I M9VAT)SXH,34Y*3PO=&0^#0H@("`@/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)W9E M6QE/3-$)W!A9&1I;F6QE/3-$)W!A M9&1I;F6]U="UG M'0M86QI9VXZ(')I9VAT)SXD*#$L-S$X*3PO M=&0^#0H@("`@/'1D('-T>6QE/3-$)V)O6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E M6QE/3-$)W9E'0M86QI9VXZ(&-E;G1E6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q M-C`[)B,Q-C`[+28C,38P.R8C,38P.R8C,38P.SPO=&0^#0H@("`@/'1D('-T M>6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG&5S(&]N(&=R;W-S(&=A:6X@;VX@6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E&5S(&]N(&=R;W-S(&=A:6X@;VX@6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q M-C`[)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@6]U="UGF5D(&=A:6X@ M:6X@;W1H97(@/&)R("\^#0HF(S$V,#LF(S$V,#LF(S$V,#MC;VUP6QE/3-$)W9EF5D M(&AO;&1I;F<-"B`@("`H;&]S6QE/3-$ M)W9E6]U="UG&5S(&]N('5N6]U="UG'0M86QI9VXZ(')I9VAT)SXR,#6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UEF5D(&AO;&1I;F<@;&]S'0M:6YD96YT.B`P+C5I;B<^:6YC;'5D960@:6X@ M;W1H97(@8V]M<')E:&5N6QE/3-$)W9E'0M M86QI9VXZ(')I9VAT)SXH,C`W*3PO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E M'0M86QI9VXZ(')I M9VAT)SXQ,#0F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE M/3-$)W9E6]U="UG7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X- M"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP M92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'1A8FQE(&-E;&QS M<&%C:6YG/3-$,"!C96QL<&%D9&EN9STS1#`@6]U M="UG6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M M86QI9VXZ(')I9VAT)SXY,#`F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS M1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`X+C%P M=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M;6]D93H@;&EN M93L@=&5X="UA;&EG;CH@'1U6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LU."8C M,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF(S$V,#LW M,R8C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#LF M(S$V,#LW-"8C,38P.SPO=&0^/"]T6QE/3-$)W9E M6]U="UG'0M86QI9VXZ(')I M9VAT)SXD(#$L,38S)B,Q-C`[/"]T9#X\+W1R/@T*/"]T86)L93X\'0O:F%V87-C3X- M"B`@("`\=&%B;&4@8VQA2!O9B!3:&]R="!497)M M($1E8G0\+W1D/@T*("`@("`@("`\=&0@8VQA6QE/3-$)V9O;G0Z M(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4:6UE2<^)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E M;G1E6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E M6]U="UG'0M M86QI9VXZ(')I9VAT)SXU-"8C,38P.SPO=&0^/"]T6QE/3-$)W9E'0^/'1A8FQE(&-E;&QS<&%C:6YG/3-$ M,"!C96QL<&%D9&EN9STS1#`@6QE/3-$)W9E6]U="UG6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W M(%)O;6%N+"!4:6UE6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M86QI9VXZ M(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A M;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I9VAT.B`P+C`U:6X[('!A9&1I M;F6]U="UG'0M M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D M('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[-C8F(S$V,#L\+W1D M/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!B M;W)D97(M=&]P.B!";&%C:R`Q<'0@6QE/3-$)W9E6QE/3-$)W9E MF%T:6]N(&]F(%)-0B!D969E6]U="UG'0M86QI9VXZ(')I9VAT M)SXF(S$V,#LF(S$V,#LT.28C,38P.SPO=&0^/"]T6]U="UG6]U="UG'0M86QI9VXZ M(')I9VAT)SXM)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ M(')I9VAT)SXT)B,Q-C`[/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL M93TS1"=V97)T:6-A;"UA;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`P+C4U M:6X[('!A9&1I;F6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT)SXD,38Y)B,Q-C`[/"]T9#X-"B`@("`\=&0@ M6]U="UG'0M86QI9VXZ(')I9VAT)SXD,34S)B,Q-C`[/"]T9#X\+W1R/@T*/"]T86)L M93X\'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N+"!4 M:6UE6QE/3-$ M)W!A9&1I;F'0M M86QI9VXZ(&-E;G1E6]U="UG6QE/3-$)W9E6]U="UG6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[.#0F(S$V,#L\+W1D M/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!B M;W)D97(M=&]P.B!";&%C:R`Q<'0@6QE M/3-$)W9E6]U="UG6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q M-C`[)B,Q-C`[)B,Q-C`[-R8C,38P.SPO=&0^/"]T3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F M,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q M-6(X-3!A+U=O'0O:'1M;#L@8VAA'0^/'1A8FQE(&-E;&QS<&%C:6YG/3-$,"!C96QL<&%D M9&EN9STS1#`@6QE/3-$)W9E6QE/3-$)W=I9'1H.B`Q,R4[(&)O6QE/3-$)W=I M9'1H.B`Q-"4[(&)O6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)VQA>6]U="UG6QE/3-$)W!A9&1I;FF4Z(#$R<'0[(&QA>6]U M="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\ M+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`U+C(U<'0[ M(&9O;G0M6QE/3-$)W!A M9&1I;F6QE/3-$)W!A9&1I;F6]U="UG'0M86QI M9VXZ(')I9VAT)SXD,2PW,3`F(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$ M)VQA>6]U="UG6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6QE/3-$)W!A9&1I;F6]U="UG'0M M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\ M=&0@6QE/3-$ M)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT M9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`S<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@ M(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`U+C(U<'0[(&QA>6]U="UG M'0M86QI9VXZ(')I9VAT)SXR)B,Q-C`[/"]T M9#X\+W1R/@T*/"]T86)L93X-"CQP('-T>6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM M97,@3F5W(%)O;6%N+"!4:6UE'0M86QI9VXZ(&IU6QE/3-$)W9E6QE/3-$)W=I9'1H.B`Q,R4[(&)O6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W=I9'1H.B`Q,B4[(&)O6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\ M+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`X+C(U<'0[ M(&9O;G0M6QE/3-$ M)W!A9&1I;FF4Z(#$R<'0[(&QA>6]U="UG'0M M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$)VQA M>6]U="UG6]U="UG'0M M86QI9VXZ(')I9VAT)SXD,BPS,#@F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL M93TS1"=P861D:6YG+7)I9VAT.B`X+C(U<'0[(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q-C`[)B,Q-C`[ M+28C,38P.R8C,38P.R8C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W!A M9&1I;F6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T* M("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`X+C(U<'0[(&QA>6]U M="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\ M+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`S<'0[(&QA M>6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V M,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=P861D:6YG+7)I9VAT.B`S<'0[ M(&QA>6]U="UG'0M86QI9VXZ(')I9VAT)SXF M(S$V,#L\+W1D/CPO='(^#0H\='(@6QE/3-$)VQA>6]U="UG6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT M)SXU-28C,38P.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT)SXU-28C,38P.SPO=&0^/"]T3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT M4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O M;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P M7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$6QE M/3-$)W9E6]U="UG M'0M86QI9VXZ(&-E;G1E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6QE/3-$)W9E6]U M="UG6QE/3-$)V9O;G0M6]U="UG'0M86QI9VXZ(&-E;G1E6]U="UG'0M86QI9VXZ(&-E;G1E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9EF4Z(#AP="<^ M3W1H97(\+V9O;G0^/"]T9#X-"B`@("`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`\+V(^/"]F;VYT M/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M6QE/3-$ M)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F M;VYT+7-I>F4Z(#AP="<^/&(^)#6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N M="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)"@T-#$I/"]B/CPO9F]N M=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T M=&]M.R!P861D:6YG+7)I9VAT.B`M,BXS<'0[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I9VAT M)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)#8L-S@Q)B,Q M-C`[/"]B/CPO9F]N=#X\+W1D/CPO='(^#0H\='(^#0H@("`@/'1D('-T>6QE M/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SXF(S$V,#L\+W1D/@T*("`@(#QT M9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!P861D:6YG+7)I M9VAT.B`U+C1P=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T+6=R:60M M;6]D93H@;&EN93L@=&5X="UA;&EG;CH@6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)V9O;G0M6]U="UG6QE/3-$)V9O M;G0M6QE/3-$)V9O;G0M6QE/3-$ M)W9E6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M M6QE/3-$)W9E6]U M="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S M='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^+28C,38P.R8C,38P.R8C,38P.SPO M9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@ M8F]T=&]M.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I M9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^,34W)B,Q-C`[ M/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E M6QE/3-$)V9O;G0M6QE/3-$)V9O;G0M M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I M9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^*#0U,"D\+V9O M;G0^/"]T9#X-"B`@("`\=&0@6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG'0M M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^ M*#$I/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E MF4Z(#AP="<^3F5T('5NF4Z(#AP="<^)B,Q-C`[)B,Q-C`[97%U:71Y('-E8W5R M:71I97,@/"]F;VYT/CPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)W9E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS M1"=F;VYT+7-I>F4Z(#AP="<^*#4Y."D\+V9O;G0^/"]T9#X\+W1R/@T*/'1R M/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@=&]P.R!P861D M:6YG+7)I9VAT.B`U+C1P=#L@<&%D9&EN9RUL969T.B`U+C1P=#L@;&%Y;W5T M+6=R:60M;6]D93H@;&EN92<^/&9O;G0@6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS M1"=F;VYT+7-I>F4Z(#AP="<^/&(^,SDL,C0W+#8X.3PO8CX\+V9O;G0^/"]T M9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F M;VYT+7-I>F4Z(#AP="<^/&(^)#,Y,SPO8CX\+V9O;G0^/"]T9#X-"B`@("`\ M=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z M(#AP="<^/&(^)#4T+#8V.3PO8CX\+V9O;G0^/"]T9#X-"B`@("`\=&0@6QE/3-$)V9O;G0M6QE/3-$ M)W9E'0M86QI9VXZ M(')I9VAT)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)"@Q M+#6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP="<^/&(^)"@T-#(I/"]B M/CPO9F]N=#X\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG M;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q<'0@6QE/3-$)V9O;G0M3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q M.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'1A8FQE(&-E;&QS<&%C:6YG/3-$,"!C M96QL<&%D9&EN9STS1#`@6QE/3-$)W9E6]U="UG6]U M="UG'0M86QI9VXZ(&-E;G1E6]U="UG6QE/3-$)W9E'!L;W)A=&EO;CPO=&0^ M#0H@("`@/'1D('-T>6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E6]U="UG6]U="UG'0M86QI9VXZ(')I9VAT M)SXD)B,Q-C`[)B,Q-C`[)B,Q-C`[+28C,38P.R8C,38P.SPO=&0^#0H@("`@ M/'1D('-T>6QE/3-$)W9E6QE/3-$)W9E6]U="UG6]U M="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[ M)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E M6]U="UG'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[ M/"]T9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA M;&EG;CH@=&]P.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[/"]T9#X- M"B`@("`\=&0@6QE/3-$)W9E'0M M86QI9VXZ(')I9VAT)SXT,C8F(S$V,#L\+W1D/CPO='(^#0H\='(^#0H@("`@ M/'1D('-T>6QE/3-$)W9E"!L;W-S/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q M-C`[-#$V)B,Q-C`[/"]T9#X-"B`@("`\=&0@6QE/3-$)W9E M6QE/3-$)V9O;G0M6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD,3@L,38W)B,Q-C`[/"]T M9#X\+W1R/@T*/'1R/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG M;CH@=&]P.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG6QE/3-$)W9E6QE/3-$)W=I9'1H.B`T-7!T)SX\+W1D/CQT9"!S M='EL93TS1"=W:61T:#H@,3DN-7!T)SX\9F]N="!S='EL93TS1"=F;VYT+7-I M>F4Z(#AP="<^*#$I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$ M)W=I9'1H.B`Q,#`E.R!F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM M97,L(%-E6QE/3-$)W=I9'1H.B`Q.2XU M<'0G/CQF;VYT('-T>6QE/3-$)V9O;G0MF4Z(#AP="<^0V]R<&]R871E(&%N9"!O=&AE M2!S96-U6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@ M3F5W(%)O;6%N+"!4:6UE6QE/3-$)V9O;G0Z(#$P<'0@5&EM97,@3F5W(%)O;6%N M+"!4:6UE6QE M/3-$)V)O6QE/3-$)W9E6]U="UG'0M86QI9VXZ(&-E;G1E'!L;W)A=&EO;B!E>'!E;G-E/"]T M9#X-"B`@("`\=&0@6]U="UG'0M86QI9VXZ(')I9VAT)SXD)B,Q-C`[)B,Q-C`[-#@F M(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V97)T:6-A;"UA;&EG;CH@ M8F]T=&]M.R!P861D:6YG+7)I9VAT.B`M,"XY<'0[('!A9&1I;F6]U="UG'0M86QI9VXZ(')I M9VAT)SXD)B,Q-C`[)B,Q-C`[)B,Q-C`[+28C,38P.R8C,38P.R8C,38P.SPO M=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E'!E;G-E(#QF;VYT('-T M>6QE/3-$)V9O;G0M6QE/3-$)W9E6]U="UG'0M M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@F4Z(#AP="<^*#,I/"]F;VYT/CPO=&0^#0H@("`@/'1D M('-T>6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXM)B,Q-C`[)B,Q-C`[/"]T9#X-"B`@("`\=&0@ M6QE M/3-$)W9E'0M86QI M9VXZ(')I9VAT)SXT-3(F(S$V,#L\+W1D/@T*("`@(#QT9"!S='EL93TS1"=V M97)T:6-A;"UA;&EG;CH@8F]T=&]M.R!B;W)D97(M8F]T=&]M.B!";&%C:R`Q M<'0@6]U="UG6QE/3-$)W9E6]U="UG'0M86QI9VXZ(')I9VAT M)SXF(S$V,#LF(S$V,#LF(S$V,#LD)B,Q-C`[)B,Q-C`[+28C,38P.R8C,38P M.SPO=&0^#0H@("`@/'1D('-T>6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD,3@S)B,Q-C`[/"]T M9#X-"B`@("`\=&0@6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD,S0V)B,Q-C`[/"]T M9#X-"B`@("`\=&0@6QE/3-$)W9E'0M86QI9VXZ(')I9VAT)SXD,C`L,#6]U="UG6QE/3-$)V9O;G0M6QE/3-$)W9E6QE/3-$)W=I9'1H.B`T-7!T)SX\+W1D/CQT9"!S='EL93TS M1"=W:61T:#H@,3DN-7!T)SX\9F]N="!S='EL93TS1"=F;VYT+7-I>F4Z(#AP M="<^*#,I/"]F;VYT/CPO=&0^/'1D('-T>6QE/3-$)W!A9&1I;F6QE/3-$)W=I9'1H.B`Q,#`E.R!F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA M;BP@5&EM97,L(%-E6QE/3-$)W=I9'1H M.B`Q.2XU<'0G/CQF;VYT('-T>6QE/3-$)V9O;G0MF4Z(#AP="<^26YT97)EF5D#0IT;R!-="X@2&%M:6QT;VX@;6EN97)A;"!P6QE/3-$)V9O M;G0M'!L;W)A=&EO;B!T;W1A;"!A6QE/3-$)W=I9'1H.B`Q M,#`E.R!F;VYT.B`Q,'!T(%1I;65S($YE=R!2;VUA;BP@5&EM97,L(%-E6QE/3-$)W=I9'1H.B`Q.2XU<'0G/CQF;VYT M('-T>6QE/3-$)V9O;G0MF4Z(#AP="<^0V]R<&]R871E(&%N9"!O=&AE2!S96-U3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F M,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E? M83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO M=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$&-L M=61E9"!F7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\ M:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E M;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA3PO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA2P@4&QA;G0@86YD($5Q=6EP;65N="!;06)S M=')A8W1=/"]S=')O;F<^/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X M=#X\'0O M:F%V87-C3X-"B`@("`\ M=&%B;&4@8VQA3X-"CPO:'1M;#X-"@T* M+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y M,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q M9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C M:&%R7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA2!396-U'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!S96-U7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'0^)FYB'0^)FYB&5S(&]N(&=R;W-S(&=A:6X@;VX@'0^)FYBF5D(&AO;&1I;F<@;&]S'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA6%L='D@<&%Y;65N=',\+W1D/@T*("`@("`@("`\=&0@8VQA7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA MF%T:6]N(&]F(&1I7!E.B!T97AT+VAT;6P[(&-H87)S970] M(G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T M<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@ M8VAAF%T:6]N(&]F('1H92!234(@5V%RF%T:6]N(&]F(%)-0B!D969EF%T:6]N(&]F('1H92!234(@5V%R'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%SF%T:6]N(&]F('1H92!234(@5V%R MF%T:6]N(&]F(%)-0B!D969E'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^)FYBF%T:6]N(&]F('1H92!234(@5V%R'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^)FYB'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'1087)T7V8Q M9F-B,68P7S8X-65?-&,Q,%\Y9C$Y7V$R9CDR,35B.#4P80T*0V]N=&5N="U, M;V-A=&EO;CH@9FEL93HO+R]#.B]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A M,F8Y,C$U8C@U,&$O5V]R:W-H965T'0O:F%V87-C3X-"B`@("`\=&%B;&4@8VQA'0^ M/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L M87-S/3-$6UE;G0@54)3(&QI;F4@;V8@8W)E9&ET/"]T9#X-"B`@("`@("`@ M/'1D(&-L87-S/3-$;G5M<#XD(#@P,BPP,#`\'0O:F%V87-C M3X-"B`@("`\=&%B;&4@ M8VQA&-E<'0@4VAA'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N M/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$7!E.B!T97AT+VAT;6P[(&-H87)S970](G5S M+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@:'1T<"UE M<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA M'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S7!E M.B!T97AT+VAT;6P[(&-H87)S970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@ M/&AE860^#0H@("`@/$U%5$$@:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C M;VYT96YT/3-$)W1E>'0O:'1M;#L@8VAA3X-"CPO:'1M;#X-"@T*+2TM M+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U M8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!? M-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R M/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$2!S96-U7!E.B!T97AT+VAT;6P[(&-H87)S M970](G5S+6%S8VEI(@T*#0H\:'1M;#X-"B`@/&AE860^#0H@("`@/$U%5$$@ M:'1T<"UE<75I=CTS1$-O;G1E;G0M5'EP92!C;VYT96YT/3-$)W1E>'0O:'1M M;#L@8VAA"!B96YE M9FET('-T871E;65N="!O9B!O<&5R871I;VYS/"]T9#X-"B`@("`@("`@/'1D M(&-L87-S/3-$;G5M<#XD(#$P,#QS<&%N/CPO3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F M,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I M;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q M-6(X-3!A+U=O'0O:'1M;#L@8VAAF5D(&=A:6YS(&]N(&UA3X-"CPO:'1M;#X-"@T*+2TM+2TM M/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U M,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U M95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA7!E(&-O;G1E;G0],T0G=&5X="]H=&UL.R!C:&%R'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$F%T M:6]N(&]F(&=R86YT(&1A=&4@9F%I'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@ M("`@("`\+W1R/@T*("`@("`@/'1R(&-L87-S/3-$'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@ M("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^ M#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D>3X-"CPO:'1M M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q M.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO M9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA M'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$=&5X M=#X\'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S M'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S M<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@(#PO=&%B;&4^#0H@(#PO8F]D M>3X-"CPO:'1M;#X-"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E M7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I M;&4Z+R\O0SHO9C%F8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A M+U=O'0O M:'1M;#L@8VAA'0^)FYB M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@ M("`@/'1R(&-L87-S/3-$'0^)FYB'0^)FYB"!L;W-S/"]T9#X-"B`@ M("`@("`@/'1D(&-L87-S/3-$=&5X=#XF;F)S<#LF;F)S<#L\'!E;F1I='5R M97,@*#0I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S/3-$;G5M<#XQ-BPR-3<\ M'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`\+W1R/@T*("`@("`@/'1R M(&-L87-S/3-$'!L;W)A=&EO;B!E>'!E;G-E/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$;G5M<#XR-3QS<&%N/CPO'0^)FYB'0^)FYB"!L;W-S/"]T9#X-"B`@("`@("`@/'1D(&-L M87-S/3-$;G5M<#XT-3$\'!E;F1I='5R97,@*#0I/"]T9#X-"B`@("`@("`@/'1D(&-L87-S M/3-$;G5M<#XD(#$X+#$V-SQS<&%N/CPO3X-"CPO:'1M;#X- M"@T*+2TM+2TM/5].97AT4&%R=%]F,69C8C%F,%\V.#5E7S1C,3!?.68Q.5]A M,F8Y,C$U8C@U,&$-"D-O;G1E;G0M3&]C871I;VXZ(&9I;&4Z+R\O0SHO9C%F M8V(Q9C!?-C@U95\T8S$P7SEF,3E?83)F.3(Q-6(X-3!A+U=O'0O:'1M;#L@8VAA3PO=&0^#0H@("`@("`@(#QT M9"!C;&%S'0^/'-P86X^/"]S<&%N/CPO=&0^#0H@("`@("`@(#QT M9"!C;&%S&UL/@T*+2TM+2TM/5].97AT4&%R=%]F,69C D8C%F,%\V.#5E7S1C,3!?.68Q.5]A,F8Y,C$U8C@U,&$M+0T* ` end XML 22 R43.htm IDEA: XBRL DOCUMENT v2.4.1.9

Income Taxes (Details Narrative) (Parenthetical) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2014

Income Tax Disclosure [Abstract]

Net unrealized gains on marketable equity securities $ 286us-gaap_GainLossOnInvestments

X

- Definition

This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains (losses) realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments (OTTI) of the subject investments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7(c),9(a))

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (c)-(e)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

+ Details

Name: us-gaap_GainLossOnInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 23 R29.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property - Capitalized Development Costs (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Development expenditures $ 156 $ 485

Capitalized interest 169us-gaap_InterestPaidCapitalized 153us-gaap_InterestPaidCapitalized

Capitalized depreciation 2XPL_DepreciationCapitalized 8XPL_DepreciationCapitalized

Total capitalized costs $ 327us-gaap_AcquisitionCosts $ 646us-gaap_AcquisitionCosts

X

- Definition

The capitalized costs incurred during the period (excluded from amortization) to purchase, lease or otherwise acquire an unproved property, including costs of lease bonuses and options to purchase or lease properties, the portion of costs applicable to minerals when land including mineral rights is purchased in fee, brokers' fees, recording fees, legal costs, and other costs incurred in acquiring properties.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 932

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-10.(c)(7)(ii))

-URI http://asc.fasb.org/extlink&oid=50486907&loc=d3e511914-122862

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 10

-Paragraph c

-Subparagraph 3(ii)(A)

-Article 4

+ Details

Name: us-gaap_AcquisitionCosts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of cash paid during the current period for interest that is capitalized.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3213-108585

+ Details

Name: us-gaap_InterestPaidCapitalized

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_CapitalizedDevelopmentCostsMineralProperties

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_DepreciationCapitalized

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 24 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property - Investment in Mineral Property (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended

Mar. 31, 2015

Dec. 31, 2014

Total mineral property $ 14,987 $ 14,660

Mt. Hamilton

Development (United States) 14,968 14,641

La Promesa Peru

Exploration 5 5

Norcan Mexico

Exploration 6 6

Aconchi Mexico

Exploration 5 5

Canta Colorado Peru

Exploration $ 3 $ 3

X

- Definition

The aggregate costs related to construction and development services during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.2)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_ConstructionAndDevelopmentCosts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of increase (decrease) of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment.

+ References

No definition available.

+ Details

Name: us-gaap_PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ExplorationExpenseMineralProperties

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=XPL_AconchiMexicoMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=XPL_CantaColoradoPeruMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=XPL_LaPromesaPeruMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=XPL_MtHamiltonMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentByTypeAxis=XPL_NorcanMexicoMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 25 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9

Employee Stock Compensation Plans (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Jun. 18, 2013

Jun. 27, 2006

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock option expense for amortization of grant date fair value $ 157 $ 56

Options available for grant under option plans 1,750,000 2,800,000

Restricted stock units granted from 2013 plan 50,562

X

- Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of capitalized and expensed compensation cost from equity-based compensation arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)(3)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name: us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Number of shares (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of any shares forfeited. Shares issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30

-Article 5

+ Details

Name: us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 26 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property - Exploration Expense (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Geologic and field expenses $ 18XPL_ExplorationGeologicAndFieldExpense $ 26XPL_ExplorationGeologicAndFieldExpense

Administrative 7 22

Total exploration costs $ 25us-gaap_ExplorationExpenseMining $ 48us-gaap_ExplorationExpenseMining

X

- Definition

Exploration expenses (including prospecting) related to the mining industry would be included in operating expenses. Exploration costs include costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of mineral reserves.

+ References

No definition available.

+ Details

Name: us-gaap_ExplorationExpenseMining

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The sum of expenses not otherwise specified in the taxonomy for managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherGeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ExplorationGeologicAndFieldExpense

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

XML 27 R31.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property (Details Narrative)

Feb. 22, 2012

Property, Plant and Equipment [Abstract]

Interest earned in Mt. Hamilton LLC 80.00%

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_InterestEarnedInRelatedPartyTransaction

Namespace Prefix: XPL_

Data Type: num:percentItemType

Balance Type: na

Period Type: instant

XML 28 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property
3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Mineral Property

2. Mineral Property

The following table details Solitario’s investment in Mineral Property:

(in thousands) March 31, December 31,

2015 2014

Development (United States)

 Mt. Hamilton $14,968 $14,641

Exploration

 La Promesa (Peru) 5 5

 Norcan (Mexico) 6 6

 Aconchi (Mexico) 5 5

 Canta Colorado (Peru) 3 3

 Total exploration 19 19

 Total mineral property $14,987 $14,660

Mt. Hamilton

On February 22, 2012, Solitario earned an 80% interest in MH-LLC as a result of the completion of a feasibility study on the Mt. Hamilton project (the “Feasibility Study”) prepared by SRK Consulting (US), Inc. of Lakewood, Colorado (“SRK”). In October 2014, SRK, on behalf of Solitario completed an updated feasibility study on the Mt. Hamilton project (the “Updated Feasibility Study”).

Solitario intends to monetize its interest in the Mt. Hamilton project, either through the sale of all or part of its interest in the project or through development of the project. Development of the project is subject to a number of factors including obtaining all necessary permits and availability of required capital, none of which is currently in place.

Capitalized costs

Solitario began capitalizing its development costs incurred at its Mt. Hamilton project subsequent to the completion of the Feasibility Study, as detailed in the following table:

(in thousands)
Three months ended

March 31,

2015 2014

Development expenditures $156 $ 485

Capitalized interest 169 153

Capitalized depreciation 2 8

 Total capitalized costs $ 327 $ 646

All exploration costs on our other exploration properties, none of which have proven and probable reserves, including any additional costs incurred for subsequent lease payments or exploration activities related to our projects are expensed as incurred.

Discontinued projects

Solitario did not record any mineral property write-downs during the three months ended March 31, 2015 or 2014.

Exploration expense

The following items comprised exploration expense:

(in thousands) Three months ended
March 31,

2015 2014

Geologic and field expenses $18 $26

Administrative 7 22

Total exploration costs $ 25 $ 48

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2921-110230

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13-14)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 29 R32.htm IDEA: XBRL DOCUMENT v2.4.1.9

Marketable Equity Securities - Marketable Equity Securities and Accumulated Other Comprehensive Income (Details) (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2015

Dec. 31, 2014

Accounting Policies [Abstract]

Marketable equity securities at fair value $ 1,710us-gaap_InvestmentsFairValueDisclosure $ 2,308us-gaap_InvestmentsFairValueDisclosure

Cost 1,869us-gaap_InvestmentOwnedAtCost 1,869us-gaap_InvestmentOwnedAtCost

Accumulated other comprehensive (loss) income for unrealized holding gains (159) 439

Deferred taxes on accumulated other comprehensive income for unrealized holding gains (1,559) (1,559)

Accumulated other comprehensive income $ (1,718) $ (1,120)

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14A

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 10A

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669646-108580

+ Details

Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount before tax of unrealized gain (loss) in accumulated other comprehensive income (AOCI) on investments in debt and equity securities classified as available-for-sale.

+ References

No definition available.

+ Details

Name: us-gaap_AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainLossBeforeTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from unrealized losses in other comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 20

-Section 45

-Paragraph 11

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=18498875&loc=d3e39076-109324

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32621-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 25

-Paragraph 20

-URI http://asc.fasb.org/extlink&oid=51675352&loc=d3e28680-109314

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 8

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32632-109319

+ Details

Name: us-gaap_DeferredTaxAssetsOtherComprehensiveLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Cost of the investment.

+ References

No definition available.

+ Details

Name: us-gaap_InvestmentOwnedAtCost

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Available-for-Sale Securities

-URI http://asc.fasb.org/extlink&oid=6505594

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51813488&loc=d3e22054-111558

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 1

-Subparagraph a, f, g

-Article 7

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Trading Securities

-URI http://asc.fasb.org/extlink&oid=6526789

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 35

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=27723805&loc=d3e24584-111560

+ Details

Name: us-gaap_InvestmentsFairValueDisclosure

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

XML 30 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9

Derivative Instruments (Details Narrative) (Parenthetical) (USD $)

Aug. 20, 2012

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Exercise price per share RMB warrants $ 1.5387

X

- Definition

Exercise price per share or per unit of warrants or rights outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(i)(4))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name: us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9

Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2015

Dec. 31, 2014

Current assets:

Cash and cash equivalents $ 329 $ 869

Investments in marketable equity securities, at fair value 1,710 2,308

Prepaid expenses and other 32 40

Total current assets 2,071us-gaap_AssetsCurrent 3,217us-gaap_AssetsCurrent

Mineral properties 14,987us-gaap_MineralPropertiesNet 14,660us-gaap_MineralPropertiesNet

Other assets 1,108us-gaap_OtherAssetsNoncurrent 1,163us-gaap_OtherAssetsNoncurrent

Total assets 18,166us-gaap_Assets 19,040us-gaap_Assets

Current liabilities:

Accounts payable 354us-gaap_AccountsPayableCurrent 343us-gaap_AccountsPayableCurrent

Current portion long-term debt, net of discount 4,915us-gaap_LongTermDebtCurrent 4,861us-gaap_LongTermDebtCurrent

Other 2us-gaap_OtherLiabilitiesCurrent

Total current liabilities 5,271us-gaap_LiabilitiesCurrent 5,204us-gaap_LiabilitiesCurrent

Deferred gain on sale of mineral property 7,000us-gaap_DeferredGainOnSaleOfProperty 7,000us-gaap_DeferredGainOnSaleOfProperty

Warrant liability 6us-gaap_DerivativeLiabilities 55us-gaap_DerivativeLiabilities

Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2015 and December 31, 2014)

Common stock, $0.01 par value, authorized 100,000,000 shares (39,247,689 shares issued and outstanding at March 31, 2015 and December 31, 2014) 393us-gaap_CommonStockValue 393us-gaap_CommonStockValue

Additional paid-in capital 54,669us-gaap_AdditionalPaidInCapital 54,512us-gaap_AdditionalPaidInCapital

Accumulated deficit (47,013) (46,563)

Accumulated other comprehensive loss (1,718) (1,120)

Total Solitario shareholders’ equity 6,331us-gaap_StockholdersEquity 7,222us-gaap_StockholdersEquity

Noncontrolling interest (442)us-gaap_MinorityInterest (441)us-gaap_MinorityInterest

Total shareholders’ equity 5,889 6,781

Total liabilities and shareholders’ equity $ 18,166 $ 19,040

X

- Details

Name: us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AccountsPayableCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14A

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669686-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 14

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

+ Details

Name: us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 31

-Article 5

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.30(a)(1))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_AdditionalPaidInCapital

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.18)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 12

-Article 7

+ Details

Name: us-gaap_Assets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.9)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6801-107765

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

+ Details

Name: us-gaap_AssetsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_AssetsCurrentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 25

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=51813488&loc=d3e22054-111558

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26626-111562

+ Details

Name: us-gaap_AvailableForSaleSecuritiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3044-108585

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of gain on the sale of property that does not qualify for gain recognition as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 605

-SubTopic 40

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 5.U.Q2)

-URI http://asc.fasb.org/extlink&oid=6955272&loc=d3e221323-122791

+ Details

Name: us-gaap_DeferredGainOnSaleOfProperty

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities not subject to a master netting arrangement and not elected to be offset.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13495-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 20

-Section 50

-Paragraph 3

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 20

-Section 55

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=51825145&loc=SL20226008-175313

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958

+ Details

Name: us-gaap_DerivativeLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.32)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 25

-Article 7

+ Details

Name: us-gaap_LiabilitiesAndStockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.21)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19,20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_LongTermDebtCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Mineral properties, net of adjustments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 932

-SubTopic 360

-Section 25

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=56951519&loc=d3e64895-109465

+ Details

Name: us-gaap_MineralPropertiesNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 27

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 20

-Article 7

+ Details

Name: us-gaap_MinorityInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_OtherAssetsNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6911-107765

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6904-107765

+ Details

Name: us-gaap_OtherLiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29

-Article 5

+ Details

Name: us-gaap_PreferredStockValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 8

-Article 5

+ Details

Name: us-gaap_PrepaidExpenseAndOtherAssetsCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The cumulative amount of the reporting entity's undistributed earnings or deficit.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.31(a)(3))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_RetainedEarningsAccumulatedDeficit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_StockholdersEquity

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568447-111683

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568740-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4I

-URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686

+ Details

Name: us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 32 R45.htm IDEA: XBRL DOCUMENT v2.4.1.9

Shareholders Equity (Details) (USD $)
In Thousands, except Share data

Common Stock

Additional Paid-In Capital

Retained Earnings / Accumulated Deficit

Other Comprehensive Income / Loss

Noncontrolling Interest

Total

Beginning balance, value at Dec. 31, 2014 $ 393 $ 54,512 $ (46,563) $ (1,120) $ (441) $ 6,781

Beginning balance, shares at Dec. 31, 2014 39,247,689

Stock option expense 157 157

Net loss (450) (1) (451)us-gaap_NetIncomeLoss

Net unrealized gain on marketable equity securities (598) (598)

Ending balance, value at Mar. 31, 2015 $ 393 $ 54,669 $ (47,013) $ (1,718) $ (442) $ 5,889

Ending balance, shares at Mar. 31, 2015 39,247,689

X

- Definition

This element represents the amount of recognized equity-based compensation related to stock options during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized).

+ References

No definition available.

+ Details

Name: us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=51831270

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=51831255

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount after tax, before reclassification adjustments, of unrealized holding gain (loss) on available-for-sale securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 10A

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669646-108580

+ Details

Name: us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

+ Details

Name: us-gaap_SharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Amount of stockholders' equity (deficit), net of receivables from officers, directors, owners, and affiliates of the entity, attributable to both the parent and noncontrolling interests. Amount excludes temporary equity. Alternate caption for the concept is permanent equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568447-111683

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4568740-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4I

-URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4590271-111686

+ Details

Name: us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

XML 33 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9

Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Operating activities:

Net loss $ (451) $ (535)

Adjustments to reconcile net loss to net cash used in operating activities:

(Gain) loss on derivative instruments (82)us-gaap_GainLossOnSaleOfDerivatives (32)us-gaap_GainLossOnSaleOfDerivatives

Depreciation and amortization 3us-gaap_DepreciationAndAmortization 3us-gaap_DepreciationAndAmortization

Loss on equity method investment 125

(Gain) loss on warrant liability (49) 260

Employee stock option expense 157us-gaap_StockOptionPlanExpense 56us-gaap_StockOptionPlanExpense

Deferred income tax benefit (100)

Gain on equity security sales (300)

Changes in operating assets and liabilities:

Prepaid expenses and other current assets 8 69

Accounts payable and other current liabilities 11 (34)

Net cash (used in) operating activities (403) (488)

Investing activities:

Additions to mineral properties (222)us-gaap_PaymentsToAcquireProjects (535)us-gaap_PaymentsToAcquireProjects

Sale of derivative instrument, net 84 36

Proceeds from sale of marketable equity securities 350

Other assets, net 1 11

Net cash used in investing activities (137) (138)

Financing activities:

Proceeds from issuance of common stock , net 1,630

Short-term borrowing (net) (802)us-gaap_ProceedsFromShortTermDebt

Payment to noncontrolling interest (250)us-gaap_PaymentsToMinorityShareholders

Net cash provided by financing activities 578

Net decrease in cash and cash equivalents (540) (48)

Cash and cash equivalents, beginning of period 869 2,092

Cash and cash equivalents, end of period 329 2,044

Supplemental disclosure of cash flow information:

Cash paid for interest, capitalized to mineral property 66us-gaap_InterestPaid 50us-gaap_InterestPaid

Supplemental disclosure of non-cash activities:

Capitalized non-cash interest 103us-gaap_InterestCostsCapitalized 103us-gaap_InterestCostsCapitalized

Issuance of stock to noncontrolling interest 75

Issuance of stock to settle severance liability $ 45

X

- Details

Name: us-gaap_AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

This item represents the difference between the gross realized gains and losses realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

+ Details

Name: us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash

-URI http://asc.fasb.org/extlink&oid=6506951

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Cash Equivalents

-URI http://asc.fasb.org/extlink&oid=6507016

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.1)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3044-108585

+ Details

Name: us-gaap_CashAndCashEquivalentsAtCarryingValue

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 830

-SubTopic 230

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=49171198&loc=d3e33268-110906

+ Details

Name: us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_DepreciationAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of gain (loss) on sale or disposal of an equity method investment.

+ References

No definition available.

+ Details

Name: us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The difference between the book value and the sale price of options, swaps, futures, forward contracts, and other derivative instruments. This element refers to the gain (loss) included in earnings.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.13(h))

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882

+ Details

Name: us-gaap_GainLossOnSaleOfDerivatives

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of income (loss) from continuing operations attributable to the parent. Also defined as revenue less expenses and taxes from ongoing operations before extraordinary items but after deduction of those portions of income or loss from continuing operations that are allocable to noncontrolling interests.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 18

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4613673-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.13)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_IncomeLossFromContinuingOperations

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows.

+ References

No definition available.

+ Details

Name: us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the account that represents the temporary difference that results from Income or Loss that is recognized for accounting purposes but not for tax purposes and vice versa.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInDeferredIncomeTaxes

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The increase (decrease) during the period in the carrying value of derivative instruments reported as liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer).

+ References

No definition available.

+ Details

Name: us-gaap_IncreaseDecreaseInDerivativeLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_IncreaseDecreaseInOperatingAssetsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_IncreaseDecreaseInPrepaidExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of interest capitalized during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Allowance for Funds Used during Construction

-URI http://asc.fasb.org/extlink&oid=6504829

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 20

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6450988&loc=d3e26243-108391

+ Details

Name: us-gaap_InterestCostsCapitalized

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of cash paid for interest during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4297-108586

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3536-108585

+ Details

Name: us-gaap_InterestPaid

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3574-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 24

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3521-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3536-108585

+ Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Amount of increase in noncontrolling interest from subsidiary issuance of equity interests to noncontrolling interest holders.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 45

-Paragraph 23

-URI http://asc.fasb.org/extlink&oid=51664549&loc=SL4569655-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (c)(2)

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

+ Details

Name: us-gaap_NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash outflow from the amount invested for projects in hopes of getting a future return or interest from it.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 13

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3213-108585

+ Details

Name: us-gaap_PaymentsToAcquireProjects

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of cash outflow to a noncontrolling interest. Includes, but not limited to, reduction of noncontrolling interest ownership. Excludes dividends paid to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3291-108585

+ Details

Name: us-gaap_PaymentsToMinorityShareholders

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The cash inflow provided by derivative instruments during the period, which are classified as investing activities, excluding those designated as hedging instruments.

+ References

No definition available.

+ Details

Name: us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow from the additional capital contribution to the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3255-108585

+ Details

Name: us-gaap_ProceedsFromIssuanceOfCommonStock

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow associated with the aggregate amount received by the entity through sale or maturity of marketable securities (held-to-maturity or available-for-sale) during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26853-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

+ Details

Name: us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow from the sale of other tangible or intangible assets used to produce goods or deliver services not otherwise defined in the taxonomy.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Investing Activities

-URI http://asc.fasb.org/extlink&oid=6516133

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 12

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585

+ Details

Name: us-gaap_ProceedsFromSaleOfOtherProductiveAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The cash inflow from a borrowing having initial term of repayment within one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Financing Activities

-URI http://asc.fasb.org/extlink&oid=6513228

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 14

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3255-108585

+ Details

Name: us-gaap_ProceedsFromShortTermDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Value of stock (or other type of equity) issued during the period as a result of any equity-based compensation plan other than an employee stock ownership plan (ESOP), net of stock value of such awards forfeited. Stock issued could result from the issuance of restricted stock, the exercise of stock options, stock issued under employee stock purchase plans, and/or other employee benefit plans.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (d)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

+ Details

Name: us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The noncash expense that accounts for the value of stock or unit options distributed to employees as compensation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_StockOptionPlanExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_SupplementalCashFlowInformationAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

ZIP 34 0000917225-15-000007-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0000917225-15-000007-xbrl.zip M4$L#!!0````(`!(PKD9@O%J>Y6@``,1.!0`0`!P`>'!L+3(P,34P,S,Q+GAM M;%54"0`#1')4541R5%5U>`L``00E#@``!#D!``#L7>MS&S>2_WY5]S_@E+U< M4D52)"7Y(3O>DB4KUL5RO):=9#^EP!F01#P<,,",).:OO^[&8S#D4*9\D25* M3.VF%`X>C<:OWSWD\W]>3C)V+K21*O]AJ]?I;C&1)RJ5^>B'K8]G[8.SPY.3 M+?;/%__Y'PS^>?Y?[38[EB)+]]F12MHG^5`]8V_Y1.RS'T4N-"^4?L9^X5F) MGZACF0G-#M5DFHE"P`.[TS[;[3SBK-U>8=E?1)XJ_?']25AV7!33_>WMBXN+ M3J[.^872GTPG4:LM=Z9*G8BPUE!/_AQ*;8K.Y1`(/^(%?-CO]O;^NW_4Q7_U M^A]Z3_=W>_O=_HH;%+PH3=B@>]EU_]CISR\'.I/[^&\&O,_-_J61/VQ%9[K8 MZ2@]VNYWN[WMWT[?G"5C,>%MF9N"YXG8\K,RF7]JFM=[^O3I-CWU0Q=&XN9^ MCYUM?#S@IEH9";QB_`(E\#0MPH1X\-ZV?5@;*AN'/K)#I1^:BKEQ1B2=D3K? MA@=`%JHX7U7'\2M6SA6F@V*))>.YJ^[0VQ7]>(\!_Z%BZG,\'YN>A MW6.OW=M;,]Y:;5.\J`X0MG!/_FXFK2$`ZTR*D7133'H"HK_63,(#W`R3G%K; MC=3:[EJBJJ;6=K]$K>W>I%I;;CY^3TI3J,GOI\5K/I%9H?)3,1D(?6O\KU@J M1A,1(2T\2H$8,*@RD86EE:421EJWW'D:^^^T`E85LW<9H/4@3U_]6H#^\Y+S;_30-?70!D=W#T=W5A\UX.@!YOEOD,^NZ-1O=_OM?G_->!L5G=P! M;K0RMYX`C)@TAZ0;J]KO=W?77?H\4-0V;AP!O(K%C_7ZIEUATJ9V.EBP]" M3Q`S=5_R;BF8.]O%<`5:%N3M'J/E;NF6NX<6Y^;MK+N;MW.3;E[PA=>QZ:KF M"]]\*U]_W5OY^C?9RE=O"@TE>G$NLM[]T,7'7&IZ4^'E+/SY&O;A.AG/Z*!1 M>3XZ]]?6RU^_PW7AQOL/],;[#^+&Y]MP-C)^FS=^HVF@*VY\(^/W^,:[C]KP MO_[CM75V_`%N5"QV<(_>D[5EDC_`5]$=3N!^/U23B5"@:#[\QLBL8F0VP+EUX-RR6=D@X"XAX+8-R4&2E),R`^:E/Q=CH9%Q M6HR1O>?B)$_41#PH@*S,CXVY62FFV!UV['.!B=KAY/;-EUO58XSM,HR M,.7WK$-N-9A_>43G^*$6*N<\'`2#ZPIV%0V_4SS5]GPUN;A\WZZAOWI^^ M?*-X_E)IK2YD/KHGV+GR"QD:#KS1-]?'S:]<:YX71](DJLSO2Y[X2N0T'GF# MG2_1.?G(<_DA`&?QO!O4[)>YM)#Y>':T`^A[MV2?5)X#[A9YBW/?XH_3X:]&+L+N&CR8I[%I MU6C3(Y&KB%;,&,;!G>?;R_9: MI.40Q%CS["1/Q>5/8K8R,;%N6[I:O-V12NB;S%`WK;Q+K]O^EUT_GMZT[#L2 M^U=6*:R\?JQ6EJX6;W<`3U,<<9SQT`8)6+],28$FS,JMN^53$`EJRVN.TO*@,/ MANL9_4:M^<+MYE9I@+?EPWLQ!?,([O89_3SLRKO]&S7/YU9;W)6H.01VCY1> M7:3.)CS#W^L-R],O]_)\%I-06[I)$.R56P`?PV>K'_9?N`,)$M%(H'9YH>MD[?' M6R]VGO9W'S]Z\K1VU5=LYDGSOI?/$!P)DV@Y1;5\D*<'"3GI,/Z=0@]+F`]` MX,L,5ER92]]FQ;,I,\4L`S=SPO5(YONL.RVVOAT5S_#A]I3^^J:WX_X53QC" M+ONL!^/9!_`8#7LK+L!23'C>LA^TV!G<[O`9"TNS;F=O3^;X1]AC@'_T.F1H MOND]ZC[[__SE>474`CO9F1SEX!$G8*%8Q3+F>4:'''RUXU84W\1N.]W.(Q@? M,U?B'YXI#!F26*%G0Z4G9.*)%'EC+)@GZFNQX!E#$6C+'&.B?;P)F<]1$#P> MVGO!Z_EFY\F3W4,%.\8M"#%!Y?]8@J_)'K<8-[`>6,"4 M#6:T]4?01?!?E%TTP)ZDU+(`G-/5O[I,QCR'S5#[P#P\:7RB5X<1H2UV(8LQ MXT1(8BT3@`:5,$S#O4Z+#O.=(&RDLI1-M?I#)`4#)81)2P;0?RO.>WLMUGOZ9!>/S=G%6&79K`W. M`*QARH&1J01332MH^!0,G:&?@S?,EV^B`^_L/J-1X;^^[P!_V?^6V0SV>+K; M8G5T#$2"SC1GTW(`J@-&@2>:BDJ>'%,^*`VP58Q4>\7Q[RICSI$0\7#,7!@($3.>%)(@-(,F'BNLG/+ M38A1(#[*F(@0#1H@$7BR'3KGD4@L3P%>W>AR#*A+6`2I?2,GB"7:^8WD`PEC M9MYG8#]/,01#57HPTH(RVO#F,#XX8.WU=C8^E@K!V]/J$G5K:#?ON M8^>L\SU[4Z2=%M$0(14&QI,1VZC.@/#%_>.]V_!)#>)('`)((^T+F'9P[A!A M*+=$QQ6X>P47\2,*`E+D3]("?B12Q0131X00.% MHW#TA32"">SGA/L']'%`!N;R1O9BX!/P-D0A_Q*$,NDZ/[WH^>4\$CDS/"-9 M!)<1-P'8(U2J:P,SU% MZH$B#BK;C#TJ89-S5-`YF<4!/!0`12/TN:B1CO@'_BF-QD0##_)2!+GD(%]# M<."M@70RZ63#*X)*/NJ4AT=3/J/*8N!T$&Y_'#1>J!?FI8CF=\"0$E5FGA1- M),SQ:QBS=\S/!UD$)0:C(? MHC@CBP%G$C69TTC"7>,#%M\;CF"6[ON!-(+S@]`C(!&5$PQ#8:QQ/D02E;/9 M4.8\3U#\C2^$&X1"K':L,PTV20CK$[/@#R-2L+H,UD6`<\S+E-Q>_)@3]`78 M*^L,(64ZA%LA(,"=K,5)HD4YBR-=X`H8].)#3LTTP0LH#G>0E<:N)7BPW* M8,+55.9.'<-]/H'A`]V:K@1:6A7E6?DP>08%6:HD,#CI[N$S6"G M'/Q%8]#-(:+8D$N-;#:P&BE5]"KMK<.'98;:1EO1]U,E>:DIL`U=5N]+N-$0 M;8PEW#`Z0`.$TUB*\^H"G(I&9>U@,2SA1#/!-;@]E*$)'JT'R`6WX77<,]R(\M\M93 MT-9R-(8/+17ATTP,<62C>5^&7>?MD:<7##`WIIR@?$7Y'PF:&S/4DGP^]-1' MRN78$Z'!DAS0']V6]UNE]9# M]Y^^'(;R(TICN%%PF5&*"E0;Y>"8Y1,P9FC?CTS%Q'@%&'KR>2X00 M.;A$R'[9_$,+R#L2&;]`79@LYL/<>N]KY*#6'\SF@I4!]98!)?_80_;B_VU@ M0.2P[ZR'E5M?QX;9AH+LJI:29<+GK08"/ZHS"`40\2:C(M8E+3-+2:I`0M`?(92:1)TRL"U(DPA1.]J_,D\7`K4A9BDGS@;;CH=6/&G@VP5] M!CM$B`8L+9'@H(TV#`<0G^($C">*+@K]`V0VB;]VA$,D5T^IDB)`9P]#XQ5. M&=V9/:7*G0=M5P!Q-97+$**11E656A)J;CMFWRL7V5(\0?7H7-J*JW#;^"T= M]NQPTA)O%+]\"J/ECY2KI]`%*9IGT'QBV7,!;UT,.>X#8:\D3$!D$WC3C$L[ M;JDLD`,8B41MGY:56*("!+N%.3&$`"7SR"X8FR&EOPD$H#@QK!$^86!L@6%6 MRR@Z7GCPU*(Z6,2`WC'#&";P#2%V6EJA1C*,AY&BA[ M!LK,<(J=8G='9)+ZPH0/L-PY*2Y>Z>BUM(4C(DI=L+\U;1'5P*[,1?@LI]NI M*EFU0J8%_"H0>V/W_'@&>C7+N#;W69I=-I22MJ-4'IPKP`5.0P3Q*4ON/0X;`^R(AGQTJ`(3`D#NG M2`*DITRB6-WEF.C+ML(*_V-\Q$"!?J),T8&03R5"I,;E.#"6=X70^;'>H@>" M4#C1`?3I_4`7P.,O)\X5&V"KA;.ZNLK<44/A9,G"+.*M+T-<%E3PL^39`]FC MA#PY+HY&2*'""FETJV^MQ095!;?R(]KP.<(:"G.>``A8!)^0-R*&0F/PMT"3 MMO=!+1"CDF/;J!!12H^2?',+HBH"35G"G12R2MU4]2/T!2U]J`0'!37?595'VWY#&1%3M`&/#0]]6$Q?Q>,KXV%*@-L#3>V$4@GTDV6 MM=D$NPR_B5+O5'/GGT3%?&LS,1]"+7RF*J7SX=!6WX5S$'&C2?!\G%3B],SU M8?B.GJK,8(,\H@QW7S;'[I+:3INJ=+8L^[N,).TK@C@(?`"L\F`8HGTP'QQ= MI^U!R2=%21ZPK0XD(36=2FQR\<$5!A>!91C-^S!+V+1-7$&L6!MGHQN2ML%> M@>9?"H"I"UL*M<^^D]^[8R3J'##@HOJJ^!JI:-KZG&70R+ M:]O6#-#S%(&BIKL06+/9?H9A<_$B"_U.:$HN['MQ M)CJ+;[N#,]FT5SD%`BDEZ"J@UO8UY/L>A.8]R5&>2)M2$='83C5I!::>`1G; MAL"2@."3!^AHV0KHHL39F,K)PZRJRM@YF#?)K&(`S9V*J2#J[`U]MH^BC03OSAV5!:"5&V>P^L4`L#9&('^;W! M/\/$W?UVC@ZY&9.J`'5`!N"A>4<+#/"IETJQ^I0,&\O1&(!G<^743#AK6XT; MJ5EK")660`,(+$B@?T`BBGT<,+,8DVQEV)!..4S?Z94V5WYL^)0OUH=W:X6) MU";6\04QFYY!APA/2$WOBT>EL,C0L*%(G9\GH*?\4 M>A9\HP/I`IAM)XBJ\ MN+F_;CU[$SQW;`^:]PZ=-?6&V67\%ZTQ^_(^R-!P3-Z>`D]2>$?/5LR&$*)+ M9T--4::S3NB0CWM0+:G.@VZ@D&J>51:G4ZN(C'A>/41K2SW/P\A'K1P`8E@J M"^KK6M(TB:W'+HJOK;AWIVP6M:U MC@F7DM,Z]")4K=S<%9VHC]EY39A6 MLE^$@:1;%RJ'M]KZ`=P(WPZM2PO$>^VPP<6.X`FVXGQ>E5M! M\*4J$C2LRC364E@[.#MF3WE[UBE+TKB2N%EW`2;22;SAY+=(1O0L4@KRP M4-Q@XG:I]76$5T!9]2[FW-LA(!&IP/R*K;!1]LBZ6AB&8;#"QHZ`&!W>;\0J MGE4E(=%=SW)8[5Q;$::%:ONO/OR?R[['[ZUY:U<%5G%KNJMX^*V(EOLLKL=5 MEN5>B^BB0!X?G+VTPH1=&''?%W#DEY!W.K5?YU$E6H^J?O&HV6Q>=/K=N#VK M,F%83QEJ/A'8$&>3)K0!26\%==S(IZJ)#)&/406DM79UV\P439M$Q';\X5@" M;@GVN+I&F6@\I@_0PDEL9Y4)F%TM7%^K2P_'9IMFV[<^K+6V%3%,>5#R,Z\, M*W@.MJB$57C,&?,H42?I!1$L!6K[17O+J>LIGUCV)79LJ!L7V MX4O*9\5<3D/1#SZJ;>6C[D[M)%5^U%[]?(XTY*Q^DKE6X"72BXP-;\XB&MV8 M&(U.<6I[`NQ]ML4&H,[GZ=/Y]*OUMF#I/TN%CUU&@5"#Y`MAFS,?+Q&E2E(& MX*)?W&>5>GI%>ONA*=GF(H"I5P&6H1P!FH%*L?WYV#1P_G_M?6MSVSBR]E]A MI3)U,E6R1Z1$2<[L;)7C)#-^3Q*[XN3L?INB)_Z`9(@A0I M\0+>;)PZFY%MD6@T&HU&7YZV[`T\<405YQ$ZA\/L%D&28\D-W3YVXK;`)9B) MKIA$(R-^4?)VQW+GLB=Q.Y:YU",%E_R+6&A.K-"6+'ZWC=CJ(--C1I<8;HL M^4&$:9?"@$NGE_%*O8PWS-MLL4Z/_8H\&O1.]?RN#'D^B'R0:B!PN'P'>$P M8)NQ$&`<7]U]/DRU8AD:.U--KP9D.;!T!79+BT$4_'NRA)EJ(9[>DBG`.T)' MI`MXQHW)6"92J2C,P`Z;O/&,RJ78YBU,=8/P)AC@]`G,RX7:5>+Y_\-IIC=6 M!QVE`!FQA"LJO#MYUF(5UPJ-5S80/5$IH\D=*&[O"0XKOJQ+**=E%U-\5^CL M3V:4T$,5U#^W;A.9:\E:O=C6/>;J^:1=G9C21.UIP,C.Y>Y@PF$>7IHB_K:3 M9,CR_T`L648/JS/C0386SUWR&D+F94L86YR=Z0Q-R*ZZN4U\]8K:J+=A/F/2 MG1('&H4,32A%W2Y#.`NJI>_"@D3MG6?];6]&VB7QM@RX@9JN2W?$*\CC7+(X M1RWV\&_H`R,-,XEN0^"'!#%AV#>9P\IL0*Q"X9""/(,R@YG,0$7&1`R\H:8J MS^YP?9^KGW021)AJD;Z6"DEXH2N/Z8<`BEFQ]+H=2ZHW^Y@UW80DA!=L3&E) M]Y'($BXE64ZC^31QSTVYC3ACO\%;C@5SG=5(1,^+@_%,:!?@-.,D4,@/(9@F MY8>)&XE<["A)*73PY&4T\9IGW-(X7%QW`S>J^\U63&#$;X3IHU#3PVZ)XNF= MR(!*>H=89A,Z<'&W<;B)B#1,9(^F+N9,;>FMRP?E]WXW02:=U,63B;BU)692 MLI?2CRPG'<,1D74*IE-((%:),1V`Y2@<@N8:7\&S&RA7,+,`?L*PK9`P&KH! M$ZEF7N1[QZ1+J-D--F#_OD^R%[YH;7Q79![PR8T0AD(=YS`V+.FS=EB@@T^' M]C`S=0'O8XT5PA$;<`["@HD"!^X)L/A801H];[0HN`*'E/N(`F_[L5!&]3F8 MD;:Q_X)$$[2ZJ,$)"-@Q8$VJZLI0U M(?$7.'_%$UM").HJ+A6Q6!!1SEY/$E)>P*HF9AT6!PMV.JT]0/OQ` M1"\)H)0):0V M>C54AF;9N!PM+_0>+D0#1;1(7I+_\(/E.5A'?@^=!<#5\-*T*CJ'K,T2G#+\ M4@?%+\O('[^R-UO8-^C^B-@4^_FX^^J10#DL^$H@K>"&:,X6L]+H^UAI=5QO M'>9,"\7O0HX\9L0Q1*#G,;TR]!*.%,>7%6FP`\$<87?"&7 MC'&-75[Y1K3\T`L?_B;CDLVSO-/'I;Y(P0Q'2\%_;5)*&0BM^-?XR'M6BY*N MT%VB22K6:KF."]9RQ;PAHRA9!?!TNI?4_1[<8.TH_H#;I M!P3*%ZIRD*;3&&#E+($AE!@B)>9(.PL/X=$(\:>H9L_"NAT;RX*3]7L\RQ+] M'3RR@BA>9X>Q2G9/#/U`D&S*"RM32.Q0Y)4#RA!>+T;9EXL1YJE&.:#'VOD:,\QP M_9GW'/4XN_"$U@6?+V2`XJ5)*/G,H"Q'*!(B,1(?9A=&?KE,`,X)F3UL@1)X ME+#5-;[-LVV:;,64WROB'[]4;EN1[GMQX=U8#D]N/1,Q-1"F[6(MJJ"6>F2H MEA<]`\A4+2\JMKS8;?(%[2Z0HJY:7F@Y[2Z0J#9;7FAY[2Y8KG.S+2^T`NTN MV*6YP9876LEV%\SA)K?E11IVL$R["\:@JBTO-(GM+IC16K[EA=9HNXLHAGI[ MJ.7%OC8K,MI=L#2]_2TOHDW63+L+'D;(:WFA-=_N@CD!I"O0<[FCVEVH M=A>JW85J=_%"MF_#MQ?5[D*UNU#M+E2["]7N0K6[&/BAUJ?C7#7<4`TW5,,- MU7!#-=Q0#3=4PPW5<$,UW%`--U3##=5P8V\ZGVJXH1INW*J&&ZKA1O^VK&JX M4;3AQJ[=T7+##2W5;(-+98L--W)]SU'N'K_J-=5P0]O7;(,E\337<$.TO@XW MVPA35*0TW,AHGE&FV4::E@H--[3:S3;"I.:J#3>RBLZK--L(-V_9AAM)`)0R MS3:R>FVPO"'5;T/UVU#]-OHJK:K?ANJWH?IM]"WFJOIM=.:\4?TV5+\-U6]# M]=OHH=6B^FT,I-^&QGMM(`5]ZK>A\5X;[##+Z+=QJ.%&&&ROW&\CA^FVH?AO# MW\>JWX;JMZ'Z;:A^&ZK?ANJWT0.5K/IMJ'X;JM^&ZK>A^FU(KT!4_38:[[>A MVFVH=ANJW89JM]%A?:YJMZ':;:AV&ZK=AFJW4:G=1MPSH]&6%V%_C7]??GK[ M+P;D=<9QO,1F&*=T'*$!AK:E5W?\P_>K]Z\@E&G?T=O^;Z^.)J_^.3'&\'__ M^&7WG>EN'@CQ]8U*V+L0^\C/&79Q9(SW#VN.^;![7IX>GUY$F>/#VIRAU7N% M5O`I]Z.`Q_*;B[][![M MG=E.A=E.B\[6H!>=/LSVC!J'%\SPH_LD2C*5M:@ZO6'1=2TYS6RB&IY?I65L M`30>M:]3]YJX:=7L8$)I'C1CS!C_-4J'/H! MJA#H73E,/0_<^U\U3L_@I$;_I99N?R7&^N)&CM'-YZ].KIS M5Y0@R#A!8MXPT-BM3XT"_V<\=H)5";*NW2!P[R+*]*D,RI))]TNLY'[%$^^8 MJZ'OA(KED2*M^-&K*05R5CYU]ZG$3"[H[,>WVKN-17>C?@_A-FJ<-,E@+$8= M)MW3@P*QG_Q7>R8L1S3>"U5V;Q)I,`4TA&3>X6M*"VS+1/1R%?<7O(J5DH?Y MV?*&B?G]6I^.3F:+,FO?*:VSJ3X@$1'ZO/5N3_6"B%ZNVOZ-_/9@A2>]6.$<*@:XPEF?OKE!JNUH4<.5WO$SK-;.K-IX2OI) M!3.\M[,Y/*]G)8EIJ.">WZ-.%O/AW/EFXP-B\PNK@DV$\P[[M7>B9,M;LMIN MR,7Z+,9/.@.XI8OU=P>QG5:7$7[-!YYY!0[QTSL($[/080MN\^*>\H2#O;#; M?(]WM/D-6-AC3JFGO')^>V6\*DU!9^#65>=Y0V>9F:I MBWW[!&K319F;83\%?8D MAADO@3'`R'%,?4XHJ4>BDG^'2_>^J7&$='=ATB9&J:M=#VZE1*'%@W\79O?Y(D>7&LR[*:L^]^UY[V M2\SM.&,@*_FJZ&3E3K#QJUM5,?J=N!OWQE[R'B!D M$^.+2#..Z[)2O+Z52I1IGSZC3,"VHR4_7=W9CNUCZXH'TD,N2K&>&J/.R+D> M]&F)=V)SDJSI7FA6T5`U2L7RAS:[:?&[G&B%5S"3TY$8*+\*/-;;Z=19"1X^ MM.(+6M5_+K<^9=J?GX,P$?,S)HWOKV_2IR>S9(70`6HD$)\L"M&-&L3/IGH5 MXF'1=EC@K8"Q$B@?0_C>T_['KZS/#:6"%.$ M]%E_V-YWTO=PG>>8%:>]1]+>>]KW\!T3P,+\KZ*[==(?WK='_\'6O;J+.'\E\#8V4FJ\CISK!HD ME6:;;D[*D`34BH24YLNB*"$AXT[C?GQE+B2'\!R2FC$] M2!4B2K-B-IT5(B)U\(1^/*KQ/H(7CQ]$">@H01!+.,9E<3,I6D6%ED5J>H49M6C-M(ILARM376V:"OKRQZM!4 MX40L11,(:ZC]`2V34*/D*X-5O+2H^?)-:"F5`11C'(V-(\,02+K<>F0'MF)\ MO.`;H^!8NX=AV.4%`76>JL55HZ3**%4R3`!-)F+*`25C3M,$4AOV^9O$C4,. M]C>Z;HVZ9@':XM'*]C?"\0^V!VJFOQ&.G=7C2-OM;[2W"X]6J@,/F_+^+CP1 M1\(N=^4Z\82HV="2'(!?&=1:C$M:J"-/@H!:/7GHTSAV^9X\:0SD%[%50-;6 M+J#TPZF!@D;E:GL'[5W^%KI2I7$$]^\AUIROB-0(N+O8>WK/:]_F\6@0=0Z' M:XU$H*`B897_;'VZJY\J00*)B#HEHT'38[-"PD#1PB=,6,GZ`V`5%WU)L?2+ M#GD@0@V5F563,#0ELQOWV1O)\_#P2E3GKIA',9KKXS*A4RFC&J/)N$QZ:FOK M`S?KPSQH3NYC'NFC1;D$]3:(VK_5]I#<[:J>'CA5WX"9\W-XN%)[=4]NX/Y/ M6R?LH:.!!0?6`39-:V=?O='-D_+5]I6&FDYZN=*I)D_NX8Z855\9@[2WXH6W,EJ2PII22Y5/M_'L#Q^ZBP)KU@E3=&!]:\3CKJ+4[6'EX M@,*?6KC#9MP@X][%]":?]C+D]Y;NR96[5]?);LJ9>E`Q(;'.N$#%1/-U$O+@ M?V66252X^_:NB'TJN4SB952X8^X(:\1P[[E+0E;RJB..QLB03Q7P&/5'P,6\;$X?.9C0`66'Z`VZ'<#?%J)C8 M/YV$[1*%?GV\9;JLW9E)>*7-V98^D4?Q9-Q_"=GU8-P4DYD>\GMX$O)&'YN' MO1O=2,;_9?0'Q\["K0N,#`W?+X'J;$94WGJODKZ29+MJS5I!%#5L6">X/U'F M0.S0.U?2MYH9Z0;_JD,"YE#MH1@KTXOI37JT]E5O,IMKUTD?4<+#/RB\EF?[ M=K)AJ]XOU#K0K>;R$8J$P[/#\/DU+V(=:$Z93;H>)TXDO8JD\1GC MW:L\<)4'KO+`51ZXR@/O!5$J#USE@:L\<)4'WLV"JSSP`>2!QW>:O5>5]+WF M=[IA/E$M?.'$5Z'G<+'IQM6A,I*E^9Y41K+*2.ZC-U-E)*N,9)61W-,9#4!6 M5$:RRDA6&GUDJ(UEE)#\#,589R2HCN5=TJ8QDE9&L,I)5 M1K+*2%89R2HCN=]T/Z^,9)62W"O"JZ4DQZ'Q_='N?`Q^_Z-E>W"JDO>VOZ22 MLO5(5G>`8ET]YOHXU8QFWSCUJ2K4T,F8C!>M4I5NF`@=C/1"G1[;YE\6I48V MI3]\^ZUC;WY[%7A;\DK[1=KBE6=3ZPN:16EM-EU`LX%3;&I5?<,M=AI29;R^ M,@W%^J55HN$T;.KPT?6N+#&A1\C)0N_&]\C^"77<.[)V/?+-^E&9;T>ZF:19 M"CFMS;'0NDPG+4PQ]`W0/YW2VU7@HP%R)MH?GS"KH/I"I5:JX(@2"2W$;6F$ M"HNQ^\`YVF[PV)[5C!S8]/9PL:ZW3>;Z(M4Z3#IU'3&@X*KJQKAM!ESRY!O( M2H1G+];Y;_O`C/9J';`.G55R""G=]FIB[K3?+$E&>B)7RUNRVL*3N&9L.R:[ ME3>7#YK(\BSN66HL'S1,/S1WTP]9;6*#R:$%\_3(7=,/-K9%A*:F M7S^_TSZY5@WGI61^'L@NG3<1ZI%(LVZTZ)FL*@QBK4HN!UJKR]FUIH_T/!B$(+HLA[A;_XOK++=4HIP:.R5)U>&1Y-!6B&/SJ3S:J@?Y]%2X4WAI MR?&**0U]EKLD^9[5JUO7"[X1[^X]N0Y>5IE]RA4XFU4`#I-9PJT7'%_P(GW] M_*[\N*([N9M!BT*TY0]:UP8->5]CO:-/LMSHAVRWDAP#3QV\T\,.@Q573#)- M_[(\CYY:VHJJ87?K5*A1+D"5_!SF/3RF5C/]X:[9].2LP,)UD)U^W.S.*`5& MF/7I':$S@R(I[=K:H/\P`>:7=HO7C">@85G+1("[H_:._3?S2+GK2!-!U:`-VXM@3E6+\`D5UJ0X@(:4 M4KY")T']69DY_J9!$-GSK?#!68DZ-PJ@:ZW&3ZNH'SEJN`5"WRS,JEJZ>>JF MHQ.]>%7W?N=<]I4QO&+^^_+3VW.N2%EB%?@H?MP3QQ?2==O*XND*KIHNZSYL MP[83>#+0W3HL">1904)S]UT#-QOJK0$3NP@QR7PCZ29W(K]K+B^_2[9SHJ2: MDIG[)0=@SNA\$KW-^0ES>R(C6-HMK#8',Z.4@Z&N3XN<91F&9[4&@1:H=@8D MP=H6839^8W.\%^[MLYRDJJ'-8SJ`Y+`B-VS`*P'MPGU_?@WG7_-[N-X=M#OZ MAB84(!`1^L,:P]I1GFEKU]%F='^\@4MU;1CVG/HN?UF?6.Y0Y/0C[(ZJ>80E M,09NI+JD)CU+7"&]7&.0#@@<@KQ\?W?%X!/HHB_I/W:`?QOBELUV!P]P(@,] MYG+5S!#7X+4D]=+E#,QJ&8E5G)CI')NO)*R(N%A_HD32_YPQ[2*CVG(QQ@I7 M,=\G=\#==,5K.BL_\+;89Q"Q!.WE)7NXH:+4TF,6X(CT,3/F&8)'4#,@%`B& M(#&;ZR>&,9X>R-U+)W+NH:A)\ND9ET7^Q.QB'7-Y>@`9H4U>[B%[AY<'R*Y. MM7AKNEC#H^_YW?G2(W?V]JZAS5II7`D;5M9\:VY:,[ED!ZEJ>AK2-J^L=:VX M@3OA:YV-7):?S)]Q=FMY-ZDD^.;VYL$Q&]B75>99J!VF;O&QR_X5/AY8YU0@5=UTJE7X'&FMGG(JDE+;SZ0VF(5)D[-'F%DCZ M?JN^0(5W6?,DU-XQ<1;/>VIZ/M!M#/!'H3GJGW/4XW/GFV?![?MT2;_QW'O+ MJV0=E:RCDG54LLY@DG6NJ+D%>/EK[7]MQY/9:$%F[&?1!.B*3`(G`T!=R8HH MA,AZ#`LM']/"8#S=OYG3=G6T6&H69'EN$0HS^" M:!G#CF,9`XBBEZQ$V=C6M;T![%%>DS+$=7FM#5RP,F'S!`0@214CE>^:8E$) M,WKB5Y7W]+`WB!Z6\R\?`0E]S"*^Z1'*CK[?N9,W^J3`Z+M8NEDLE>+[6C`G M??%1Y=!9'FYX5I'.4#S/;BWGAOY]%S;]PHD:#/Q!5O3F>2.(K2Z'RT;"JU>5 MEB;G5'I%C)-&YD3U!'T!N,O8?\^=>'49NLFIL_K$CY,T^%#5]3%23M=R)#0Q MA=++,9FN.5BB>TXC0AB?%IGFXQ<"4?\@U26BJKY/A42+CBV3YM(*_@A1`B50 M':U+UD'PF9X6D!I]X7R%'&F``Z=?^.+24YW_^,[R;3_J\/F-+&\=^[];TEJG MAJ["1NR^MB]RQ,>;GE1`%BN+*B4V-&@>3P"U@:972S>P'6)CID:J^@?;YF^@7K^'#:0S[>YT.]A4*Z*+X M@Q(Y\NDM!5C:;&5RCDAW1\&DV^'-)AG0HD!F;(W/M?JT2@"ET4=SO5083HJ^ M/>!6W/_I$*15)>DN2;]L&JIIW'VKUX&B%8S"&MJVPG*T+K_M2EL?1NM634*- M[2.'!VA#+WM6DK!1.1?V%[X=.*Q,<;TW^>!8-IE"T(H"EPH8O2Z55$ZL< MANZ-5$:_JIF1:/*,Q*R9QRF0LD?CG+"=%7%8V-YV>#(FH:;T9H.PSYKM:Q;E MG!_`#^Y:NZ(WPL#R;)<3.IW]ZB-I'(3#VO`^*MBH9R/$)#RP8#T&C'!-M#ON M%]*L0%M;MJ<]@`<)$D@L+7(-:=?@&\)7/=X2CP"BPI-F0;MN\/#;:YN^X-$. M;FT'B0#`A5N;>)#"2;^'*6X[^,!OV^%LAD_F\.(JQU4O'56`4@XHY8#JCP/*&$W*=39KPP'5!Q=3&W15=#OM M63/E=E)W-.5V&K3;R?J>\6>_U$,2I%:VD2*3S,GARI##26F*=.S MVCS-1K9H`;($:*&O@2]X*VQW`QY&[?3J3)M/QR,M]'S.?SUE[P!');R%,5=# MQH8K-UW\JGVG9'CQ\^)@Z,N\]]P'>P5`QO0EX,*$##^R7I-EP*@!%&QJ9?C6 M$M0_N%+O70\P9M%51K38]^H'5D`P6P^=IE3DZ<$1((PV#L?[E6Z>M-66#KS9 M^C&,,ON&`%^[I`:4Q3VKG&AX*0>ZA:\NW1L',O.!D)5-*<8]?H^H9(RS@EO8 M60E3YW,`UMUOO7N7ON]8>R^0DN-&1F+HLQ[Q82B<_3;8>N%+Z4<'ITVOJX2N MG<\@Q.G[(P*7(#R/M_;REB[L9J,1&]M_7^,K\*I+Z:;+L:7;PEC;Y=.<$U'$]B`=PO<NX]:GQX]@:#&1`8 M\;>;(.0KB(5#5SXI.]J27DF>CJA0T;L)W87D!Q0WP5_AF>NMO0&BZ'EI.Z'^ MX*$7(;KS/[YVZV[@J4@#14%.]^Z.+C$]J^F9*D@Q1%MP(]$OT.U)-XW/:H!! M^$;QJ[5;BZD.#Z3+RI0_NGFIQN`(VB')2,@-KS).D`V,",G5[9:^*0-54"N'"B!&:M';1GV-)-3M?VFNI#J@$C MDKBV2).5W`[33)(L[;4^'D,OMVS2N"1'YQ]0R/<%.S'Q5`M5)GR5_@H*F>"+ M6=,(S^+4\1BBO-.G(H)`(G,E7SQ0Z69%"K9129L&\HPR^]I8S/!ME(J[/5[7 M/LAQ]KCYIG*BC"S70"]4,O;A!_&6MD\N/7M)HC_Z_*^I2L3<.C)ZF;C,JR4[ M-B>+^8%2LD-4[-;1,"&*IL\AO-YQZ96"]):"426Y.J.:C:X%*LE3 M$/8;U++OGN*O<`SB4[`ZOFS!E(%6C[#'3K?4`/=0W>WNSO'LB/Z_,3]_Y@.)W[_I:LV"'.\*;98]FC2\,U,,?FS!#F M6IZ4S-6\/LRNZS2[Q*^?N7X@IX1?-^>[JRF%O'8G7EHWF;.VY@TR`_<"XOD? MT([ZX@;D>;@&];%TWR!RF;,KSN[#:3#NC5(&+MXVX>[JN`YPT',W&\P9%%M` M]LBY6"&Y;M%4;MV>>-4^Q,C)9!DK*T[>_/T5CMSJ>:DUQ0ZE5'X MPTC[[#HN\",.F\-#)=FPF[DW0L?#/1,">$NQL/L!5,?%[O2/]LV_9#J8##2F M?$K[26@&!FD_"1T,1_5QPU*:L4=YWMF"GT6GR^7V;LM\'E(WX,GNU(QCH\69 MQ1F;+U"I9'"_>4HSDVS*GE^U-VY1^4`K1K/N,+CWLR1!Z78SGZ$;6TVEG:FD M7.M'`BYZ`;U+AX;[B#05U7.]U*TT78#7O1E&MWNHQ555_9>:P[/YXCI'SV(B M^VV-/IV++6_E+*V9O&K^SN^+;_ZE_US[8HF.G`XDZH5,LZ6S\=*B[[>[./Q; M7D?YEZ_.C;;8Z_ZJG MZ$48]%1KG=AGUKTMS]O6[[5^3];VTA[V8A>=ZZ>PY5/K$VWW6LW"EB]B2<_% MF.MSG^R!=>V3.7!X,O`5#)*_8XUL`!!G![,&*19BZ?(-//UX:M9:0J%6M\2D M)R?&08++ZH'E?''5M*7;^U!9JXN$M1_BMM]K*W5YO M4M!-@U7X!;RH6#[KWF/-!"\J?!8WNR)P/6J.O;_CZ6:Z>:M:-#7''EQXVA#, M5B?4S9JU>H\KMF;#.L"_D(`50"G%H>;8EU/[)2SCFZDY;BJO_R4(9*N'6Y.+ MU>Y$]*:FT>I)3-=CST2&=P*GD'0TUXGW3XRBLS/A:T_[)3'-0X[HC.VY@\PC MRQ(H&WM_CDI+\:#]'(QGP`(E!JU;8^;)0M;)6':F[1H`+V6B]5M?M,^@=FVH MO9(P+!LJ"K4(R6`UUEKG4^]>X2VV:SSA>^LW2W M^6BL-Y#N-I#I0]OL1>>S[RJ/;#::3,JE6CU+-KR93HWN9:"C=#MSM*#'7LWL MBW2GW.JHP86!_#*1#Q,/GCJK'4Q,OQH0H(*34W!R"OQ,P#D%)R< M@I,;\GP4G-QS.HG[C>6CX.2&-%4%)U=PK@I.3L')#7A)%9QP305G%QOC0`%)]&V-9KXGH. MV-9OZA2^"@I/KM])2/.@Y\DH_6:#$0,')J8DJ.#D% M)U=TL3<*3D[!R2DX.04GE\@D4G!R"DY.P+ZP!"'*^-#(LD$JAQI_[%6D"*T[:.S?[P M_>K]*VU%EO:=M?%_>W4T>?5/D[)E/![O`[JK0D][LYP>Z<;!6<[F"_TYS/)/ M/M*?#'4&Q_N,=17[YT_MGD%/GXOR2YU^>O5/5R$F#R`0G#N\JK$(*\RIJ1N# M9D9:%FHQ@YK$@V9&6C*^DL"B1^;J@^4Y]%&_"!>.IC-S-NP-DI:):FR8TRO" MH-FPHR=BV`X$EDK`7M!!W3M2B#,ZJHP!,V9'9\AB#+U6#9HQ:8G)?K+8]ID. MV\1*RT@M5K1RQ")LQ;GO;\FJKLW(WB5.Y/S+1S";8R?$5S50`E0#6/`E).H"<]G]KQ`7]^V`7!'OP5Z22^+9 M[NHK6;HW#KZQ*&3W7J'1S7E"9EJBO=\LDV'D]82Q7TC`#A:`JI`B,4?4E$_, M+#%$Z?&GPOC30N.;$U/B^/N6OYH]9XY;(J_&45%B!?,LE>]1QM`?](BA!/Q. M>04ON'"NHE2>4X]*JW/SGOY(#QT45CK8Q?J;]4..,)HG24NH*6I[QA7I)F57 M?+PB-Z`3OY)[L$CH,[NM+4JUIBC072.G'064[7$[HB#"_]7< M>^+17>%KT$OCT=5\QC=_A+2\L7_6[JAJ]ZP-%`UN7`^/6LUR5MH;F_V1\I7N MD@>R<>_A2?P;>RNV_X:G/P;'V!R!B!O25^:]`2I:N'_B: MO[WVZ=$.WPE<[2.Y]K:6]Z09!N8.T'\MG[Z(GD8;:N-:U^X#@7E!+QB-_C%$ M]IO_^IG/Z=Z#86`OAF(W7?RJ?;LEVIJ>%NXC4.EO[RAOZ59FA,33X:S2K&5@ M/T!JYMKU-*H/Z/\\0C1J/`>WOD8H\U?I'`>8(!SD;QL6@(+B5J%131&*JG6J MV9.H\FI/!&PWAV%1)8\80='"2"E6XPX;`"W6GI2X`:]*S>YW65'->AS,,P M!TATN03CGLTHIN[`W/*6ID];.'+Z\_VK%>CC09,_U6?#IM_(H;]/F_32(T>!]0,!0`;(X_U62J81\UQV M]^N)%/.X._JSUF'H>_[UU$Q7'/1PTV,W.,WR?1+XA:QBHZ-Z48D+H\]&Q@YX MT\#F8$Z'3;\^6I@#W]_Z8J3/* M.5F)<&_9N#6+?XRC'\,%'4?Y(04CPTFQB:*48GI+S/6=+^HGQ^)7:_@A]P6G MV6H4'45(BZ;_N&N-6DDG&(5:D7N/+&T6_X`_&-JM]4"T:T*<.-6"K)`Q@9M, MN`CS.L0+Y^: MZ=:OPZ+?7`P@;*;2888J7J_UQ638$\@T1@>^Z5_/\K1NGW9]Z7P8\^I\$Q!S:'R73@"273T5P?MF'RVAB/QO.<7.,^;?.LG)AV;\Y].%R$ M/)K9T#>/2AQ1[)#)CMP-D:'&5![-$#(C]OA?Y&5&B!$5EA?!4R%\UEB5_GH+ M2%%1:`CA1NR5#1`C[AJY\EHW3)4FTZPP[#G'Y0E#1E*5.2XO9 MMNHHD$R5JT:0/9BHMU!RT:Q<[+GYRY.+)I/MIB-#>K)=15MGYP^[Y[XG^LAINGT@F?>SJA0LI2 MZ80JG5"E$ZITPL%DM`UE'@HIJ[?IA`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`=K:V4#N_"\N^+4"S]ULT(D0>5![ M<$HT/J76SI8N%Z>D*M^KR:7.H[^+7_;T6TQ>",]:/FF?$^M:/M6?$^MD6A"F M_D*8)M%:F75W)EQ:3VC[?'-/E]0J\LBEYZZVR\!^(*>.D5^[TP;(W\)6/KG=EB=^,SESNL+]PSFXMYX:>Q=\=C[`LIS_<#:1'_&[9 MSH4'QWA#_O,6J"S-["-]G-SXDHE,\R!K->';#;*][)#E>0C779&'^T9,4X4JW=FQ.9F_%J>K_VR9&XR9EG15&N)>H_359[4T\N3,N_HZI(^" MN81I-CVM\LMGC*?-S"M60>%&NW"RMB&>*&E/YC_0MA6YEXW%LO>PEID&J_V5YGN4$T'C3W3I!$;J/],E)YW1_CFB(R/G#I)$_\;;ZL7ZH^W0+]%O@\2!A(6<*WMG*28Q!\W$QHBK(!@I M-T-1VMID>#FAJ3FA'5'[X*QZHF$2E#1%;Q7=LC`[)+BT4CG1RY`;W=1Y^N8E M_6M`!0=BUO=P/&6T/R[5M[A`[^5&L&>/$0,4ZQEM9T4<5NTLU@U=ZW?VL#Q9!UB&#(\$2;>UN-J@/-%8`LZ*6D;WQM2MW8P>6 M9[N'*S8+X`97+*\IC!M[)$M9NFM0D\AHHK/\#BTG*T-Y_)#WOI=KFRI9"KVJ9B@"M[NG2=Y:W=AZ55FU;NTIY9 M3F!I9RZZ5<"J>U;2H&N+Y9GQBD*2EC7LGLJ=*$6:27@BKM^VP.S^M9 M26(*ONJIY[>HDSRP\A[2.IN-#XC-8:C"(7KN=UKVT?=MT4F;]BQL6XAAM##A M%*-C/E\XVD=R[6T!3M`PL'<=_3<*7&C$\ARRTBP'R5B,?]+LL&8#HA=_''WZ M=*99OF9I]'?;#:+6!;<0]KN[WY`0KL[2UL3R[6M[@YA2P7;U!,B&\,4$4AW= MXO\ART![0__"YLT#)_-?/PHON((7A']:_/HS?8[<6QZE\YK^\>O_:I#(2XF! MB,R;[U<_C[1S9WD,A'RR_B*/KKL:"39-/`9]5'CKL48?TRZ6@7M-/*0&'*`C M&&`$U%^36VNSAK?&[.+31HYIVWL&M59^[EI,TW?V$AQ_'P^.&Q;27`EJ;:?F M4A"S'V336?E:X$)O1BI^?S,QLA'U+);;/.:/-&(SO+1;S]W>W.(7?6M#4(@W M&\WUJ.KU4,JSWAFNH1N]`8=?"3YIOC_X-X^U][E_TVP?4/KP(YV0I3E;#,O0 M;ZTM*I5>B.0&8NY>!Y8-"30X()#JD"7Q?=C7]-2\`VH!#LYB.7I,ANB;/()I MZJL01'*D.91Q\)?'6WMY"S0LMYY'J=L\P2SOZ?E$FI:UMF*WD=H_BQ$T$7O3 M;U;W%Y#D:W)C"L,2PA((D(25(+(@!K!%=W0"_E:E7`/"1+C;(&96F71T- MO]E1,"/0[2R<35_/I3P*=S.T43`0H!([QL^FFVW1`/&JF:[PJ34%R M&N%+)6R'(EUV4S+0.`7)H/U];"7+[^P[S^CLVV%X/!1_HWQCW]Z$RFLT)VX[ M;-Y-'H5H?!"AM45UEC?9H(;%_]?:Q"CEN^WA M#.2VH>GQ!;Z(8^ATDXAC,<$$YYN[]1@P/H.Z%[X2]\A(>T*PWP;]\P-QT)-" M/U[CS9,>H<1[@`=B=XSE/&FPG/!.V!W):_K:]83K.-*PH3=O^GH.'P`.))$J M"Q`$6,&^1S;H5*1W>)@%O]W[FN61L*7W"B[MX6!-^VHZ3\"/G#A8XH)0/F05 M\^4Y>?'+.4-7]HJ*<$`E9DGU$8KDG5!M$(;3M$?/#LC1RGUT?&VU];",X9:` M`S-U^=:BVS"$"4P04KC;/&<)*U5?@U(F=F7A^_&9BF!&^8L-P%CH5_1LT$-D MEQF->`K+\V#0I329[6':=1=*,GT6Q[HL-TNVL_#:TWZ)N1UGD&<5XS3MS:NZ M3AV[\R2ND71WGI0<';D3;-S75U6,?B?NQKVQEVB]KFVR684Z69Z_KRXK$TW9 M&_#V2*3/*)/`V]&2GZZHQ6?[`1S!#Z2'7)1RW6Z,.B/'G]2G)=[)UI3D?NF% M9A4]&X;,5N>]F]VTN/.O6[=-MLV>CW4@8".60%Q(HS6\)VL"W@R$^1`0 M^&6O0I"A4\18'"J"0Q*H82H=J.$B\G@Q/N%TV@!IZ-V]E#7%M)`+ZD(J#]M! MXJ5'-KA#!NS$^'AYO(0V<1ZZO/H.];JK;K'9*2O,$M#< M-?T`RIT%5[Y^?J;^O/J_U0=QOE\OMW98%Q!))K];J`='' M//?)V@1/46"MAYP^&8][+0FY]/5)$#YN/0=3U]"Y]='^@6EL(\TAF%5O"7(B M)\6E,79GZ0JSWZZP+))G+>8]514:,51W[4+="`B/>#<8S.&]?S'FI&T0O?HZ:8!O$'6(LC6"/MVO)MK-"+BN?@ M'9K[`#?1&0_@CK2P`I1^YRXJ3[*6K#;I],8C!`RZ8SI]HGUQ`Z*9(Z%J$G%@ MC_#9%;D.1G&A)"5QXS[VH8*MNB>UKCY]KQPM-/MS98J+7W,*^93"A-=*:S" MPM5R5)>&UN:MY<.YZ+F/].NOS=%X/(;_:6NZWT`?G_ZA;2D!7D(_'VN["IPI MR\R1Q'K^2)5;VB-#!M=6'!I<3"T-1^/HX;[VAJI^&Y``4'W^?"R\TMKX!8Z( MC)>SJ7SCBGZ''&!/WMNDGC41ZPZ=-=\$PF%@!,"_)I87OY^>@_#TR?AH93UI MG\[?77S5H+>;=K_9^IKYTPA<$>CJIT)&9TP?]G%\#@FPL>A+X%%*!K&6M]I_ MMY9'WXW5UWR,>\H)=Y4B)_HKCO9(Q4H\D/56I,$C=ZR&GEOK M+4$J<',5=%SG@3(6A?*W=_3[=%/YB;TJ!Y>\Z0KLZO&6V>RG8C<+Z$5EKY^D M)^?I!<<77/5T;ZSEXY[5"M:A-5Y'OV1'0&93B&8TU8$)#U:Z,[\_NY*$R(# M2X^L[`"YUHA+<]=]V+6;LQ9%[U.UP4A(?GWP5'`1WEK@<`Q]/`+?-2MRAV(4 M"E;HG>7\-=*^7YV*T)ST#P+8Y8C7Y(.;B[^5.;&>&$KC.MMUQ-PZVBV4/M$K M&T#EP8#7GOL7\:P;`GDB8`HP%Q7\*209::6OY:333Z\78P,]M4`#^L'<]9K7 M3\<.Q0,UU(W73G?M8LH9/\,?'203MD-H(J`'?;8)W(/`#RQVGOG)0-\P7%1R M0`*[*/OM$"60IVOO2E47@(%%B&D3.W#>SVICO7RULF]H12+!,O'!J1B_[;V+3*[*K,YW@N^OID4 M<,GNYU$"_JM7`I7VRNTD(%0/_A^OYK;JC;VA"`0(1982L;<=REE%*2&LN MK&9T?[R!I8"<#F-.?9>_K$\LJ3L*%'`$E;STICYJ@V9P=&42.`1Y$;U#:4?B MP+9L=@AI@!,9Z#&7JV:&N`:O):F7+F=0`K2[N4!)5PV7"E"0C@1D>+B1E@@I M%%)Y>?.LN%66@!C-G?:)EDK0PRG5^4^H]C#$:H_/J>^)Y1[6M?O04L.B#:]" M2"U0?M%`]0J0[(J-7=0U^PKL!JGU%<[SL(R[YN-]Z_M:* M6VIE%5_`[\_5K/\!BA`$(J"V MQ0XV/#7\UMU@IK\;$WTXL(]6]F;+,-I7D":,RN$X M50ZTI^@FC&3;V.Z/%[/`HN55LR0K'E/ASU$[QUW_HLH%X-"ATBI<""0(ZDS" M3H@6BEH*WQRD9"`>]A/#V3S-,(-B!%MBXK?@[79 MDBQ19CD+%B"2;>]QP=',/;I:TGU%F0*VZB91:H4RYN>\.M(E5L!JA\)D+_^6 MD`!WP8AM=KI+G1L"QA:2P-X222EE,BM:MQVZ8XGVAIH&_L]A]S\_H.\)VU6" MO84JQS_.+C*[L6PG;'>:V+/`QND)IG8!":6`Y[&1I094Y;[:F+$ZNH+O11K: M2,CH,OWI#.K>Z*S/P-R^N&<:MN%SO:O$KUR%\!&/!:AM@W,'_IM0$4@'O6+" M*<2XM<3+">>6!?+LLRZ;NM3=4V%DQYQ]ZZ/^],G MFPWS5<=O]356G,B/9::45E'3$*J>_KNU5]BHU<&JN#L;7(SW<$8PASB>3B(! MK!(_GA'4YL'0X>9UH%@1CHM1W-^5%\MM6!U@6.=)->*&L!)X_T4>/D\S" MLK\5\:D:1N,@)20LIN3'= MSV,RT,2JW_D%/-/T&V)X3A"M+MJ]2IR),8`TAY+EA;%'C?N>AK@NK[6!"U8F MX'3\*0=YND!TNWK`LDXH,AW6_&C9WO^!RS+^KC_DN.5<>MP2.!1[=BO%*G_1 MC:K.BFLJZ#>>NW56<'MWO;?@:PHR[T.-TY)5\;B/OH_<$;6DFQI/SIQ20AY= MPU3`2)[%#L"0$,^B6?"!_'=+Q7_#OL01P)@;;">"@XXMR_.>PD+"$&[+NK_W MW!_V'02S!.?_:DMX",WVV-L8CAG]'F!?T2UUG#T%RK"_"//D`'G!4PB7!6V& M(78'5-C@"F1E>&P$X@=(PDJDX=ZS`3!J`VK?9U!L_]VZ\"4V"(NM987NDN-H M^6,(L9*,2`GSS^(PP'P6.%'2?DC:8[E`06/5KSY&K\"7FRGD'-SM].I,6QCC M,`UG,D6EHZ%>UCX3"[0R#X:&7PB?@?6E8F?[MR!H]+ICW9%'U_L+QD5"[O!Q M6$A!QIC/F`HJW)&)A18B>_?0XALZ2[-`$MN0[.E'=[M9,>B[):&G&SI1T>,.$(%0;PQM MDK%*!C8I%7I_#7#0@J4$0(!4T8"Q0#<0?L7"P#P3>1(\$N)$&PEB_DO[WDI, MB4,P&C M+(Q`V>*3O-?<0([6A"$6XU.XU),'@61>&YJ/-&>W$7R$*U2$S M)B(SOCL"S7PZ]''<;N%Q[.%>IJ0'X"OR-,<-U<3*"JPPQ,?U`DZ:ZC*('E)% MAFD\3Z"45C"X>X\:WWU$K;6]8_'.;H]0N8&W%H_5$-(VU+)1`=,CKEF.W*XA MS@GI&1A1H@L;*UKZ@Y`F@CBQ[B,DR:+2C'0FDW?Z94&O,EEQTRDCPM%XK!7( MYXV3+YC-W0^.!@+D5/J8[N!315I2&H=+3S7N&*C+P<)GE!C,"`W MK@=FZT"UOE2LZ50?0Q\M!Q]W<,[5A*G)U`KL"!M7"FB57$?B@#:XF%@$EK8' MMP*/@4?Y-GL5$V0J"D_,@N;GE0`M"T+9IK1E;U!&*O0#JI4L122.BU/ZN+8,*M2:]2CMD+$=%*5U$FC M9)F5F,A*H0ZP,--G7GT#[?.(AT;;:583W;VLRQ)_4")'OOTW`98V"VZ1(]+= M43#I=GBS20:T*)`96^/S'M]>-3DM6T,WFNNE$@6DZ-L#@8_]GPXAJ5:2[I+T MRZ:AFL;=MWH=*-I/L=U:0]M66([6Y;==:>O#:-VJ20A%/(H%;@VK1=G;NYJ4 ME8(ZJK_P_=!I9=)W6I._1+9U&P)8*K'A9:FT:F*5P]`"N12RLPF4JTJRJVJG M]*\1;U5NF8=R7#T#QY78*4:(X/7!2[5#FM$/E]0.7?WQ28FU,6E\'N6`4@XH MY8#JCP/*&$W*=2UOPP'5!Q=3&W15=#OM63/E=E)W-.5V&K3;R6\UQ1Y0ZC,XEU"6)['XZ[PA+( M6.9;".9U@SA:#,5+6T.>Z%,,;@*.GP=(D#/,G[#Z,?$0PE&R/R!.$H<3<2B1 M/`'.!N1LR$SH_Q=8:),/M8Y\T/(*RM$:0X` M1BL"V8',?"J81QR-]#G`/V7H(3OTSQKC\4R[W'!@Q)@LI>>=:'J(/O;>I+`>NYR/"$A.[[3W(EC%:C!GT6(@9 M17\9?1W$>FTO<2)4]`D_$'PFHTDH0A]NSE1$>?(NR^Q&,B*DPDS]F4!99#55 M2=7SO(1\7SQ"2%1VZ#O#%4$NS6812^E*U;^ MQY29/IJ;3)EQI#DH%]G59:-8D2$I',35WVX"5J=VM:7"S=\.PP767X1CE7EW MZ9.>OH[K+LI;LK09`_%&Y:.1$%#U!]8,?FO$"P.3OT4RMHX=PL7N`Y?E=$%P M,(U)&S&/04YZ)%0=VO53'CNAG`YUL!T$W$ZB$W'M_8^]2)W,EYGQG_(M5)A^ M:,^%ZE14MW1%X*Y4%-D3]6FI$A?19$5"PC5/"YF&`A8!#0O2@C655(B@50R= M!MU#YLS@>RCJ70M,X'8Y6O)L#X+D/;J"9<`Q*:'PDTLLU'D3>CM!;-=[NIVB MJJ!X&T8Z2Q-+D")2.1XU;@YA01CL:]5EN2RY+#G'6W5'1$W?0MI5<6;YMZ?. M"O[S(:[?/PW.>'4^JW46'1*G_L5:<$*@@.`?OE^]?Z6MJ#*[LS;^;Z^.)J_^ M.3%.J&*-B2\TFC02IT>Z<9#$Q:Q+$B=%2#3&)T:G;"RPTL9X.JU/X^F#96_` M0?C1]:[H$U=1/.ULZWF`QUQ5$O6Y/D[0=W`H*;05$D%C,E[4H^W2(W#)_\#< M!Y3M%Z#D6.R\+NWKPS\:E21#DX8OK+.MJ%3VU@X@<1OSP[;>.O?GM5>!MR2OMEQTVRYNA::1.KL/SJS6U].CC:>&`?72QYCK_J3(7X#!+T+%OE+H4%>),38I"*$*!GY69,TO1D?'N MR@04DQ*S/`74%&3\0K=CV7OLH0U8\.T5M_=I%+R[I-;LN7/&(G?5]SBUE9+7 MW)P1:A!2;"&GIFY4(>0K`:A"LOI@>0XT)*&GX?9NBRX/NB_LI5U=`1Y-Y_0B MGB#J\&ARZ"O$LZ/IS)S5I8_:QBZ]0CZ=AZTGJW-K:J2M[L2;JXQ[%V622U`J')5SB=IL;AE%R]*3E<&EY%]X5M)M;H6Q>$@^]]X7Y M<FJ<\FBR*QQ7_\ M4IPN.3.9"C.9[I_)@0G,ZDT`,CP@S># M@LO#A>-/2">#9+,HL%=H(6SETG9BS\=`%.Q;*#@C4Z^R^J*:]F[F@U M"V8T/=!OAI>4!>"M?,5'3NP)@22"S-/S-U)RU)8F8C M(7#[PYWZ:UB50P68W;3/';)>LZ*22]8WF:W2U@D^_&"R#A/Y$'X)^C9_(XA: MDP[`5UV3A3'.=M"W,('><:_\=NL1][@[!P]_+IX7]P3$M?!Y?6!OI"X.^P:L M2USYC6M6)RYSV;ZXP?NH>?BISUN!9:RKK)UX-#TY+$QEJ&IEFJ47RDCE_DB? M)JX\VV"-K(OP_I)#E^;5PBPZX.)I$'CV]1;O-]_E5\;'D4EV>JR2V, M:A2'2Q%&FT,?Z#O+MY?@([`WVZ"PLZ680_8HZ9$],+0$2@\RM1E*_T6@YHN> M3E#K['&1P775VU6[W'`+6+BJU'3W)SV+TK>G!;Z9"Q[3K&R3FX< MR+"E='ON9H.F14:.0V4]DW<4%J%`/OWEM"N2FX% M)F?9E26II;_O0+Z3XEV:AD8F4=-35GD2_&#.>UB^#4.E?"Z:!$5&ED1L%1F? M5:55B"NE=X1P9L"9M5OJ M'BJ'TOIK6Y[2F/$LISQVIXFI35];N6H(RE=GTFP:V[BL7U*V'1 MT?A%[VW_WO53"=/R;N(RR*AP13>2(E>6BHRMXA'+)^\)^^^Y<[AZ0)8;KN#8 M$DFN[>JL2#*>C@Q!"D`,9$;D=#-9"YH]5'6"RKOQ9Q7HR>(KRZ43/'#-N=2J MC2W%P79XZ.+%\+][&*1*[OWJP8V#E3)2"*EVMRU6LI]'QV$12!:SRSF+#RQ] MR0@BY+X^ER265GE:R#P&MR%,J3?[I M$AL2T7?\ARRS;WRE69RNE<@=K199%9)US(ID>>Z2D!5>M++BS\P6EB^JB^3& MJT!&0S,I?P&;-3D3.(>IQOEL!7`4/UVLL_(?&[)+I-!1GI^I])725!R:QL4: M]3?]]6J+R409`!]R_,$%1Y9(<&ENZU(HSM'632F/(WTR+W):%-AK]2BO<'.9 M%#KG2FH)J,0`E$&$TPMK#UK0"H7'+2^76"V>(YF9P^[=1;>N%X2H*VUHRT/C ME1>%]$[&\#N1GDQ0Q$MJZH#G-'E_DJ/MS10:0!D*9%-?Y68CC?@PX@HH M(U)8FT*`$-]?=NSR$IEVX1T>&X%ARY?&'3+9TCD>V8/5(:K\\5>1J.P(?2A7 M>%9$-40LY!&>I4VI.:D$E>;C/'DMKDY-IN.?%<`RR&JV@[&^.H8N%L&-&V*P M'$)*,W::9&QY*L1$#/@:J\R"KM1HV3DQ0EA(D_O'+CVMO8[^%?^F/_Q]02P,$%`````@`$C"N1H.3+0*O#```EY```!0` M'`!X<&PM,C`Q-3`S,S%?8V%L+GAM;%54"0`#1')4541R5%5U>`L``00E#@`` M!#D!``#575MOVS@6?E]@_P/7@P6ZP"BVD[0SS30[<'.9-9`V09,.]FV@2+3- MK4QF*#EQYM?P.Q>>7YZ.N],[N_F,]'((Q<[+L!P?!\A,GHUW___6^`_?OP#\%T&_AD4?,V-V3#?7@ MCM>"KO]<(!I&1]L%`W[I1NSB\63Z]I_'EQ/^9WK\,'U_=CH]FQP;=A"YT2;< M=3#93M)_"?F'`.%O9_S/HQM"P*R!P[-MB,Y'.;%>3HX(78Z/)Y/I^+^?;NZ] M%5R[#L+<*AX<952<2QG=]/W[]^/XUZRIU'+[2(.LCY-Q!F?'F?V*%.US2$)T M%L;P;HCG1K%3:;L!E2WX-R=KYO!+SO38.9D>;4-_E"D_UB`E`?P"%X#_SYQC MUVM(`A2Y%)$M93ZQ'O/?Q\Q&FS7$T0S[5SA"T2LW&%W'>)D,,<,5A8OST?8I M<+CY)R=)IS^8D$:O3VR8A(A[^0B,F^/\Z`9L`U7#H!K4;KJX#\E(+9Y&F/7_#1FK7&H(D)#ZX6ZT#E[1L#<45XT!>(;R/B/>- MAVP6K^/T75B,_$R8NG#$*%@/RSF. M((6A?A@&2._T7^,3&)NM(A[VB>>]YK.5\UE=>>^"I09M$5#0]Y#@S MD(;D7>0[(X"5[;O)?4:8%!3=YD$C=`:4[>=$(V05K:V(]H:&;ZN#SB*_F1Q* MHMZSP"6+0"@(/[N4QG[;4C:H8MM55G#F^)D9FFMVC@N_I5CJI8P:##N3Z<)] M8HT"]!?T+^$S#,@3AW-!PBAL)I,YP\YDNF(@2;(DPCZRL0N;B:+ETY4$-0>, M(74/-8E3_1,;S6P(;]:;P(V@'Z?]DO4@0T/U!J`/G5VL7+R$(0L!NS;[7P]6 M2!WN752!3NZSF3!FQ-W4A\[]9KUVZ>OM0KAL!KP!IZZDR'_+*I1&0A@PZD:& MFC'0B+;;ZMWYS468UXBWN/1W,_VWP;I;.6M:IA:/?I'7N2/4G&'[LS%G]^D: M81=[R`V2&,ERW`UR'U%0(W<S=*5XP!%R33>_XZ[C^03Q5DK%F'B_NF?_=L.\"!=Q&$/O0S_AP MZ0[?;,$N_B/)0!<;RITAZR!P'V$0=_M'VJ[0;#P<8+YY@/D,_X_' MEF;=PZU`6Q)"\*&#.>V;4`X2RV'8^FF;]N-03?$;>LI2V M&(=\UL+9.(AY1D:_H&2MTG>J6])$E+Q=&(H1>(%HN8IB]`/:N_F)\UZ9]23FMGO>%#[&6O`.MO=4?CD(C]=M&,^F%M&T%K/B-C,?B>#VJ^& M%JRSH+@/IBK>VQ('JP;0=Z%J[/4#$ZREO;$T(3Q7V4(IHG4%R*Q_:U%'6=L@@FMPR93.I5Y[&]75+1?NA@VRU"8H! M5RFP?:Y%\#);LM;[5EGCH>.NL644HEIGEC@^U1GVE01#AV%C\VA$MLY$\8*C ML()7;9VRML/.31:0:=>/<6E6`TH;#QV.JY4O3T"J1+7.HR[(>DVPB4WDED-' M86.#5`EIG35FOH^XW*QJ9S/8.4XW%2E*ERJ"H4.PL6TT(EMGHB]\E1Y#_\JE M&.%EF-M;H\BBAXW\0ZQ!Z)^L,6DRFK&W[[BYA`] M%9Q)X76V^[H31O2Q&$.%4)L6<$R`+D6`V\6LT?K^(;U9);_2FN_7/?%4O6E50#QDWY MF2M6<"E%J:88NDHQ,4TAGNC$MS#/L>FPAQ*E8G^VYE'O+V&79%FV4Q`-7:4T ML)J!$JPS7/*>NX##]=?,Q\(HV:6=BEQM/"WAT$5+`P,:*L,Z(Y8^E)(]*_0% M>F2)^8.X2QE_]V%:/M145C=+HK>G/.L_8 MWZ*)`V8\1?\$HQ7Q]R_?4(QF0W(K2AZEA6OIP3HK,@^3WQ3NQL$KXUGR54.`+$L;@#6?=XZJG_$IC M09QW-<1AG$#":M!\P''<4?*,F$X^OGX-D\G3:62QT>0^X7=5^3 M-_R1F<>R-H4,\/_8K$\AF8+$@BQ0TW#%/:4Z==@WZ64(/0C].*>5%=JUO+81 M,PLRQX%6;ZY"ZPJ"O"S\9O8,^Y_HRCI35R@@?<_20?5**0]+O'H>AAM^ MTS\NKK,G#\S\N8+4TOI%84B%)RO58YT/"V.P[(P(38`222PM29H94G%DADT& MW)7.V1[6_(NP3*83Y726EA0U3&FD&-O6+FH?`B3,^'_B;ZA"H1>0<$,A^Y*Q MBU]7E6,(]AS!GF67ZQ95QP8)^'\NXD^I@+S=M1.,^A.$!+CO);@[!B#A`,JJ M]"Z@EYTSE,O:FQZ^)$@A90/Z^1S\";[U/$M"?6928)`$W. M9!)P2XFWO#CH"7[5P4T"9"DC[VN%WKRBM>.9!,FDY-U&:NM+)^JCG@0YY11> MS'0]@3[XA"=!K(.FLN!-V@G8]=)O#G1J'`(EB*V=`<=%<\8;(%R20=,.>I:X MQA%1@L3ZDL`!.=X@QQS$W(<26'^05%[.$[EXD.7,L00ISX&D,QJD)U)54>F, M_0W$_DZ1$E0AU2S*VE#S,P]Q.4!IL5:^YZ@G]VCI+"I!9U*]I-%9VE,<]?8M M\R5W/\HP/,M*D%4JM(0"O%B/]R-'DZ.M!*%*:BRQ4&=7$JY\DYE4Q0\BI(GW1"R*_\'4$L#!!0````(`!(PKD9ZQM7@-Q```,W@```4`!P`>'!L M+3(P,34P,S,Q7V1E9BYX;6Q55`D``T1R5%5$3$ MZ5]?4@];E$B1\\01H@@H][@YW=G@/Q MF'@(3X][7^[?_W#8?[_\RW6=CPCZWI%S M3L;N$$_(S\YG,(='SF\00PI"0G]V?@?^@G]#/B(?4N>,S!]]&$+V0]SQD7.P M\QXXKFO`]G>(/4*_W`Y7;&=A^'C4[S\_/^]@\@2>"?T:[(R)&;L[LJ!CN.(U MH?,_)X@&XP=S_X<'0P.-K=,^P@!.$B6'6P MN]Q-_HO)?_$1_GK$_QF!`#K,&C@X6@;HN)<1ZWE_A]!I?V]W=]#_X^KR;CR# M<^`BS*TRAKV4BG.1T0T^?/C0CWY-FQ9:+D?43_O8[Z=P5IS9KUZX(L@V/NS' M/V:;HA+6&=`!.@HB22[)&(31^-,B8.\"ARA\X;:E\P@O MDR%B.*-PG+]R)9KZQN,B0!@&`9N&=VB*T82- M*#8IQV.R8+,23V\8T1A![:2IR*8V_%>(^U'_AA(VYL(7#4Q%Z_K0`/H5AF#D MPXL_%VQ-NX/C!46A7G]ZPMHP7K-U@YX$@7XEE+2L;T;,"`WO(9V?PU&HFPFR MMK4A.8<4/;'5BB\`04@CIZ333"E-;<@^`D2CC9$&3:%=;0CB)?$>++4#6-*R M-A07C`-Y@?`N)..O?,EFZW7D7FZ82]0!,R.N<5PSUSPCOL?V[O%4%GP,]RYL MC?Q,F+IPR"A8#],A#B&%@7X:O)YU?7+"*1_TM_"1S4W6D0Z[HGGK?JQF?]:6 M7[OGKD'K1,IH6O!Q9B`-R9OP=T8`E>V;\7U&F$HHFO6#1N@,*.OWB4;(%*VM M6.T-#5]7!XVM_&9RE!*U[@7.V0J$_.`SH#0:MS5Y`Q7;IKR".\1/S-!PH`M`:LVZU]?K9`JW)O8!;J9SV;"F!$WLS]T[Q;S.:`OUQ/A:S/@&W!J M2HKL7^D.92,A#!@U(T/%-="(MMG=N_L;0)CO$:^Q]'.O,O1?Q;-,,D#'J7"R MQEE0BLJ-M("$EVP<1F!GC`4=+T;0]="%"FY")F]C7"B+N?2_:G@!LN0X@]Z*7(.#X.5%50+:/09Q5?/"/I\1S%EY/#;B)/1.RJ`MJ/(E M7\"];X[;>2?P^[Y1.30%68(,!V4RK!DY9.)D6;6$7E>E)8AR:"Z*P->)&3OO M..OV+%.L[!*D>5]!&L;)25@U.3VJ5GH)\OS(UR$4C'T2+"AD?Z3LHD4IP]!9 M)"6@_%-"N&#@Q!R?+HD'DLDJR+-3! M;AYJ1.&D)$U.1FEQF0!ND`<7T3B6.(.$I(&H1D6J`EH#_-H4R9.Q,7)LG$2/HW. MH1HJTP0!WQ>GW+J+9/'Z(>?`>3<_1'Y$[,E9=]6D#E05;H)!:]JAA/0%SP MP^L-0EM#HK:*.T&P@LNNPZ.UI)+RXCU!S*+CSCNX=C"_NF1/D.I5CZW.NZ03 M9]5+JZ[/K5#4)TBM?=J-MLDI;P=AB>-,.O@^/62:"NR3L2"EST^Y$BH-Y$8! MV`D(1E$4=A&X4P`>^SR%TX=^&*3?1$D==W>0'&O]+OGZ814F8:J%0_9Q):X/ M1M"/^GY(&LO:]BV`'DT9`]A)NSSD]?`ZH2GX)(IMF"J(0^='?!%B`_+"CWH[ M[@7Q[$Z132B9:_69Z(Z42I!5,`/2\R+241NT4KI M:.TE8(#G,``WD"[*U"MI^"";V]:J6"6`DK[+A%#I_*=N][&\+H`]!XTC;>+".3?UKD=#^#"0>?<6+&?\ MX&@D0"O>M7@X3PRV9/(IXJ0Q(+38#E4$4+I?.Q\;?J,D"-@"@(@WQ&,*`3]O M&?]_@^>($FX6F_?54BD?&S(QT+XD"-I>?+3"`6$A/JK/&[I.AK>38>Y$W#/A MT3;CP?I3Q%DQ]XL9QJ*8&99.PK,;X8SB^?N%U*,R<-U:S+Z]`\2")@J)S=+T ML>9GG@S)`$H2NO(RRW8&1TVGD`65%9*J&I4E/47YD77+;%*^%5T8'F(61"UD M8X44?3YCWXH8FQQI%F22)&+%5#[[)N;*JVH+>?YM0FN;T/K6$UIB68PVA:5H M;G?2JE1&V])4!;"Z9(:2H)MT5+FR-8:Q/.E4EVUL3B[58+\64TBW5Z>7!.!3 M0BEY1GA:%K"4M^THG:0;^L0`=BNA+M;]?_ES$0[Y3HH7/&ET+&W=P(BO7\UJ MY$I-UZWJ2X*G*5SM6,XW[2IO5W$L2V&WDZT3D)["*<*8S:CDY*9V MQO*,D*N4WJV7/9GSZM&_H@C3]21Y'0R>1F$T'O9/IF?)+M64@[WFVT205MR! M,*@NL%=I^@CM[56^'K9!=HRJ,DLK9VATC4TMD6'Q&1\JO%=`_A:HIN(B0ENBXS2E%4Z^(C]=G& MY@C)J^W7;GPD==.:QTFQ64=1$>V()^606]D"?SF],]%IH5E7,9`*2I5CKCWZ ML4U=-)2ZZ+:X:INZL-!W)D#S_:&C`T1F_G([4898ZJJI+`\@V%<[28FT;: M):36&\U,`CLW7'GL$T@I],YF@$ZE!Q`4(@MD;\Y@1?3*-;%38Z6+]ZH.>U2R M$$H:6V\8%6:5.0[L2):8E9$7W^:FJ!9MJXJ\EJM:!!$+[X!1O$'*=7@OT1N+ M'(*5[YEJI42XVOTN@KB%(QT:03HUK-D]'5GY#@IG.&/51=I23L_T)#I99O4W"8UO_VDYFK&G;ZL/GY"D#+EM!OH*`+WK1JEZ40Q?OJ\BFFPAM14LIS%Q%4=8% M>R78>N=^,F(/*&!<$B'1DEH?+S&30&6Y;KW0^EVP,@'*XEIE=%V9K)(E\D$O MK4!V;ALSS[H;S3\S^C=HT0J"V9D56,=Y5OAYG#S],I7O16U;4PY=6;>ZB?*) MN@KRV9E-^`2]*<+3C";.%I26)E>5)&_5C.4"V9=V,+DJ6HAF%M[8DKVIJ/7` M=.5KHP59"J]2T4?EQT8*)R8"6!J[ MKL,Z-L>B:[-@,Z'FNMX_/)\3'&UIE&'4I&VA:4>1ZO)9DG_)L`2SG8O=B>=% M>@/^#4#>$"A>`\E=Q!#I+R=MW=0"@ MBHE*D"M]4\>32?]V5>W$,F71U6I.LDC!*7]6M4>5W-^KL6$;5U:T=54RG MQ:\,C75\H),[72$ZP<:9O_"B.QQII-XPI&BTB%ZK>T_*;YF6/8[5P=_ZO&*- M8MJY[XG"4,$P"!;KV)?L`..ZE?TVRX.U,[5TXOUOD60[[XEB&Q:)<@H"Z&4# MGM&@O'[D'X-;R$9E@$)X!^D3&L/XI-0M')-I;(^RO6LK`*P?+VWJP MGK,_F4>*AAR3^WIR#Y9J.S;5H_5#HE'!5:/KL+NC6;D+R-W\%Z4)*X,KR:77 ME&]S6-L--C%'[@A:Q6<SU*4WE5<:-?5M="Z0:Y` MJE)GO?<_ZRYWE96,&]P)^_+PP=:';&/T*@-T?0Q'>.6*>G7)-;37("5X[=RM MK^-U'YFT<;[E"H8S?D?NZFA0F6$,R-^`N4REL#.O(>)G:W"(\`+AZ35;`**5 M(3B%$T)AI@3^8AE2P,`C#.A+I)NJZ<@&.WUC`Z9^V>W,622O`N0IFS&;(Q0R M%^/Q^^R?8'Q@33U8M*36F]Q,`H-\AZ41:8,S,,67B%4+3Q>.Q%@032R8?1NN MWH:KM^'J;;AZ&ZZVW0K;D3/[\.E=^&"A\I M'*-HQB4ED+P\2JYB,UI['ZJKB=#*`KX.]0WQ%:!?851?OBY&BZO0H3?$^2=H ME8DVY6>YV5XE5MT!5*TIO_`@VVJ2WRU&`?(0#\&]PIS5>;X9DVXHFD'`4A7W M2K[G_XQ``-DW?P-02P,$%`````@`$C"N1N"::6JF,P``%LP"`!0`'`!X<&PM M,C`Q-3`S,S%?;&%B+GAM;%54"0`#1')4541R5%5U>`L``00E#@``!#D!``#E M?6USW+BQ[O=;=?X#KI-[CUTEV9:]V62=[$F-)'M7%F*FM[IAO3#3QH-!J-QE_^^KA*R`/-BSA+OW]V M]/+U,T+3,(OB].[[9Y^O#Q?7)V=GSTA1!FD4)%E*OW^69L_^^E__\;\(^]]? M_O?A(?D0TR1Z1TZS\/`L769_)A^#%7U'?J`IS8,RR_],_AXD&_@D^Q`G-"^>?EM0`X/+9K].TVC+/_\Z:QM]KXLU^]>O?KRY"G0?7/T[O4;RQ\H@W)3M#_P^O%U_;^*_2])G/[Z#OYS&Q24L-%(BW>/ M1?S]LYY:7]Z^S/*[5V]>OSYZ]8^+\^OPGJZ"PSB%40GILX8+6I'Q'7WWW7>O M^+<-J4#Y>)LGS6^\?=6(T[;,OHTU]#U)BOA=P<4[S\*@Y*`R_@Q14L"_#ANR M0_CH\.C-X=NCEX]%]*SI?-Z#>9;03W1)N)KORJU9_=YW0I%R;) M\U?`_RJE=VS`(_BA[^"'CKZ%'_I=_?%Y<$N39P0H&?R4>GTW:*MF>N5:V"N: MQUGT/ITG]9C;D_AL[N3E%@KT^9VK<).503)+^#ZG<[$_TGD]WO&Y[VFVBM!Y M/=WC'(J=P(?G[&\#P>ECR98?&C6B0UL:`\=_BMO=NNVV]2POZT,WN_^<77^RT7Y8["*DS)++^CJEK8L7-[OG\E)7HU_'H@7>2-# MD(<&16J*5V'&K/RZ/$RJ+JO8EWFV4OURK60F__Z7Y+9MI>H(]D,*<0=D.2WX MNCUI'/HR:[JK%FJ5,")P@FAZ^/GZV7]=E"])0_B75UTC[^N-?KO)L3?/RZ8K)62[2Z/V_-O%Z M1=/R^.F&_?;B,2Y&ZD[B=`&:&:H`EB:P>8?8=%G'R&LX#PCG)(>&7JXQ#,X#4I,2 MH-W+6'_,\C!@=O`Q#C/E4,N(7(VT6L!FH$4*%..L%&L\S!4AJ2CW,L@+Z./[ MV##*4BI7PZP1L1EG"0F*@5;+-1[IFG*?0WW"UHO@)$NR/(@RK?U64KH:EL:-@H*6I=;`ZVX_,0>"HSL@/2,N$WLH=3;9R1UBLW-$T*W?T%5BY(PLK M=[2?&+D:#.+7SJ+BBF$>?^=T3!]H?INU9Z[:GO(UCG+71?S:Z3A*G)+Q=^C& M\>OT.BYH4&QRRH_F@B(N[-P-.9EH4=FA113%D*<;)%=!')VE M)\$Z+H-$:Y,,/"YQ9B5^'V=:!C0XLY%2.$]N>0@P'9ZEI&;#@;1/M`SBE$;O M@SR-T[M""S$5L4MLZ07N@TI.B09-6O&$$\N:F#34Y!59A.%FM4D@99:=4B<>0 MY4QDP$4J-H;=\ZPH<(#U(QOX+"U9=["F[[0GKG8L+B%I(WP?A3IZ-,"S$%+, MS^NS(#NX;=W3XTW!;'A17-.[E>VF0<[C9=.@$U^Z:9`QH$&9C91"#DA-LL^T MC_?LTRSGM_24(4\)C:NXIU*\)O@I$'@?<9U4PK:PH\-A/$ZR?`T"T45:+<.& MN)2"VFUT2BOR,$8E)?4.&3OYQ'A53#$()FQ#*TATM+QND3]8G#"LYD%RED;T\6_T2:F< M0.<6&`HQA\@8$2&"AEPR!39J8L*I"2/W@8[&CL%=*(E:PZ]=84$F5`.!_GNT"`5JT'!X$L4HR^32,@E:6@($/D8ZY--GH.,;,<; M)/]-@UQM#-2DKA!@$K8!@XH.!2X,P@EQR8J<5/0$&+P:A\I9^8DFR=_2[$MZ M38,B2VET5A0;(8QA0>_6G32(/70K%<0H0&0CX1A)9T6S,0T(KO6;))RR!_XO5KQP?I&CJW(%*(.03/B`@1:.22Z<#2T<31 M?,+6T;LL5T=`1E1NL2,5<0B9`0DBI,CD4D0^ZGKE-:T_0%QM;I,X_)!DP3@0 MKZ!Q"P:)>$,H]`@0`4&42@&#BI!P2H]K3'>7Z?H^8-UQN2EY77YFN]1F4+VQ4&"TZF@X$`')0DQ5:+5W[^R`5,RDQ^TS!E=M[*JPSP?VF,R]7[[SH\QUG\HP:B`7:8Z5'Z08P@JAPO+1E"M(QE,V&% MQVIVCI0=I*U?+C_$:9"&,9L!61%K$A"FL7I)8K=01IK+KN'SCKT9P@J9[0TK MR9:D928--_FYX<=R0;8H:%D88#@F=YAP,V)T%QOT@C^`-J`3P$";_\4YX$ M>?[$G'Q>VD2AO"6OTTL74]097,&P840#NRG2BK6]BWM^,R.$O]".'0<@%P]! MS$1(Z(.:ID5['6JP M"BAZS(K3[;M&UJH,WS4RLJ%!J;VLXKM&G)/0BK7@!C/;Q56V/7A[-KZ)1^_. MZ-4YQ4O9>\#0W&T*>/!7$$DX<.AP`.,BAI=MD_I=+F9&/U(5/N2D+F&B$[:/ M%AD=&B.C$4ZH^E>1DG5+BP,T/;,()22T5D5!ZQ(V6G'[N)$2H@&.3CIY%1E, MAJ827&M#?:PYZL4&XRJC75XPC3:N,JH=0-H+-`LVJJA"OQ4G-T=__',=-4*"K?,XN(T3'KQBYG0RTNS97>)NJE)]%-KRHL'D1(&% M9P,Z=KX6RA!;-80#L(N05^PHKH(GB,$RE=DG^89&/44L3Q3GM.2X:NE<54?U M2Z/JU M;_3(D5(Z7975H@X68)$,#6#4LJG,#;\+DZ4D89S5$[01?X(VI3Q?*]I1`:H= MQE1%RZJ+! M^/4<'QRP.:5+RD2+?@CB]#*%C(S+97TB-;ZD9\?B]J5DL_##-Y/5]&@LD(60 MXCO*%0NY8SR$+70%XX*5;34\-T2R>SRE>?P0E/$#[8W1YM-O7N!`:._2I#8!6B#S]/RA M.JUY1(,&E0K!%&\?6N%1!.3;[P[>?//'@V__]%WST;\%.A4/L*D",RIJ!$_A M2>-<R(4& M=]:B2H*M[0-YT5?V0!X\D/:1EI?+F^!1'7B>U@JRQ_)D*DY\,J_?!!J\SI-; M!UZ>?T_"P5-Z"9H7],338NO$!]^9)'89)+@B=TKYY)&[ZXSM?X,\SBI/4)I& M@@-'%W'*7%HHHU^]WJ?07R1SG+DO%7*4M3^@06.9%((97E.,D;VF.(8_,ZG) M!G8S5]4QV:(L\_AVPV_7W63RUR2MY]:\QOU:M6TZ1&\)Y[2,W7INH9/%"JJ6T<@PFHX0\[)@O;/8 M7;FT57&JW44&*%U1: MAU$***3>HNFI#SL6K[!2//-A0X\78.8G/J0HR_;SML=\J%59(FU1=L.>0TGM M$F`&D?O84I"B@95>/K&R*U"3KH(^MEKY)UG!RQS5U4#-.U@5N5M[I1=Z:*OD MM&@`91!0M%&,_$!2@A5)K0&F1I+E`1R6UQI=Q*EZ$523.RTU91!Z4'1*08L& M4`8!A4)4'7F#*AQ(.J7KG(8QEPS*,W_D^%YEH.M[?JC*(/[]8IR=&@ MRBRC>'&SX^!F*NCQX(#8#Y1?(05]HA6;)&!YX1)A/6\476'D<@DU2Q7Z<#.P MH(&(&?#@PUUU5/4N99/R9KP+N0T/>]R<:9G0%[.,J2/2\1@^2^]07[2M$W3-&C257**YG<7H3QT+XP:T<#3VV-=9" M5M62V);.T;PPA0-]4D?B8U:>TB*^2Z&+%L6/-+KC]RX$3V.BYSNM7>_>[)QN M,'JH4QK%-B-VI9!TVCR'R[0O8/9\P5DXJ+LUS'UE/I\O:'F?1;UWY;2G&49> M]V=%ENJ()T<&1FS0G2*T'!#M>41FG\F;OVGP M,WU`Y\9JQS*03[Y!R1![FL,Y4#VXLF&VNMYZ96EQ3)=97I='N`D>:7'*_E*4 M<6@UJR:VZ,_8S5)=;0(G-8=F][2]#L(#!&`C;SE3,P/*X!$3]ID6=;CAF*9T MJ2POI*1VCUFER"(>!5*AZ8C&)6RDXO7! M,B#`%1>4B:;RQG"`H1-WBXH74QOQLW+.K6`QK06<-FNB],+*2-G*F#;;B*#7 M$"DSDNZGU,OC.N&H??VVQNP_KLYAAHFZM.6)^@4.1OTQE=D%1N"I@R:GXR7-4 MT>&`VD\TOKN'2?7`]N]W='ASMGRC_K:&=6YC6&!MUEA6Y"K6W(*=2;9;590W>9K*RWV;K>E M&ZR3+"V81Q+!OK*]CE1<+A4%B!76>*N67&V]ME2UV8?-;,:[6=Y>=O'.4==: M=Y>M()=+,FB0U*'1\?0Q)`F-.@H*>T^M,F>W/+ACUD$N^@(R3YQENTBF;&[$P5>>;I M<((TV0$\X0F)JRU+=OR<,@T3N$1$`]U)XH[AV1'6 M&4ZI-F>U>^VXJ2M70EX`#@AO\8H+OJ=;YK[7\E4]TK+%RRPG2%V.P0GV%D?" M,]KQEF0P]V!XRZ\-=)5!\,JEZPDULIH%T5WGV$$+;HPIZ_X2!!RX)DFV].^C:FP:D9<27TZU,155QH MT&@M*N[\V$7TSTU]NPH\8S:_SIC9+VXR*%*1AG%"!Z[,3;8;8[O_GW7[?K6; M3AP^A+W?WT0ST1PI*C[-W?XL^-MY\V-=FC#L`-G?02*R8;]"X&XYWJ6EB31> MIM=!0B^7W65AU9JBY7!:V\LL^J"NEYH<6_:Z6=0Q+I\#RXLV&HRYN(_\%N^G M4>3[,CV-BW56!,HLP,G-.$V_G*GD(!]S8AO84#Q3?FFT#:IOHK[#/3Y@/$N[ M2=M[CE+M-MIQ.W;6IZ@T\MAM6-%X$]/D-1A?I(4P>(3Q<@V;D"LFOKZ(IXK8 M^>O,2H&%UY8%2C3HTHHG%!Q>K9/LB=*JSCYS'?&5'I;-ENI@N7?K?,),D_#Z MMG-*=4Q63F!$@\(ITHK%BNO$@:Y``*[;W8N'($[@%.1#EH//W*O]E?/:FD.G M0UT!:TY#3H,*LQ4=A`DFMX(&QK-%5U5]&Z;+//$J<$BV2N*4[2(614%+4SQM M`K]?@VM02V]T%_%]%[L!Y)4$G4^"JGZR". M]$ZGF^:TY!25\U4=X'5Z,VALYGS9A=3?^G4$:6X!OV*&#]\@,W/?+X*2Q_8NE[)K M=Q8]9]F.+VQ/4E.%;*M&4.)ZBN1B1*-JAT#O?D4O@(SUOUSR/2K[.-KPQ\"J MT*)E[RFY?2+:H)(.QPI6M.C5RRN_G5X%VA`97GOW?&O_'NO&:[L-%[JJSM/D M5D81FC386++M0@W=#W$:I.$.8@C:AA!`V4)1"TAK6D%C>6>+/D9WRX$PAM!; M72Z2Q:JDX//E#VC54'D"4B8T2+255.^QQC4G>*U-P5V> M.(;(,1AX._=97M[0G&U&;U5&5$/OS1^5B:WT0/O$*/$FDU#8[P/-88C:DS3--$%U)'52,( MI6#OXA3>48"=0R7,O^>POO4PK.]3K6.]NLUPDO&10D M396ALW29Y2M>#\-4`"P?IMWZQKMWL7G3!> MXK=I$\T,V)$B$RQLFJ6'E0>/[7RBL08G65$6)]W\-A@/D=R'W54)+;/!8UHT M:#0(*-KFS@:WL$(6CY,6\&TVOCSFO;DMXB@.\J>J,$ESYJ**"&W1H--XW=:* M#^)WLUM#@^VM51"RQ7M';-79&O;@-#\^!+%I=+K)F7Q5&(AO*YLG$VD$]81I M6G#/6^7^SVC(>8F068H*Y4,FM8(&[+-%MP)Y0P/>,@-OD16TJ:^9@=J M9TD<6A28U#`XK>)@%'Q0K4%)C0:'1A$5-R3!=C8).J]F1CLNP3A;S3Y&)S>"!KIS)1<>JJS;X:'9Z_@NC9=Q M"'7`)%#'@>^K.H8"1:E*IC-X0VO82QJLJ`6?XSP=.S5&^3IZ)C3XM)54DB?& M^0X(Y^2P;'G1V5JEEETHQ&1FIS6!`J$:Y:S`*N''CUNUT&,(7]3!WBM4P5[9 M[2*#Q=2S^'Y@3V[`'I--\94_.UZGYPI3U!D<)=@PHH'G%&DU MUX.`^Z"VVKT&T-GK@;HF*ZPB]@9#K<644^($FLFZ<6)RTR`+!W9DM7.@,N2/ M-+J;E]RU58MN5_BM51\N[K.;0X/G[740O>.VJE*O2>X.UXV2KE7<3O'DKC$[ MQ-LTB7RJ&!SA^>U]S9/%M$3(9PN."?`AB'.>?V'O`>M97`+81O@^0'7T:`!H M(:10W8.Q$,Z#VJ.5:6:RI@8>WVC3VD,M`VJ\F2Q:!S@#*+.,8HEC_E`38\'L+$KT,A]QZ5@\X\QPT*6FQXPTD^GJH(;F M>*N5G1=4:G-?/]$$BI;P:"S/CKV%[-BF3HEIO[YEHT[W(3OI@,%.9*L6T7\T7?!K`DD M;_+KFT%:/92OGO(+#<,Y!`EDODJ.5/D;.L,XI'!<1.2!YK=90<\UXZ603QB` M*E$%FRWB<*@KAE4B?LQ*:N\M3N!W?F]IBEK"=24;9C0V8ZK$XHE05S>N3JDZ MX#:"?/^/G.&ZF4?OP!Y^HNLLY]>_#4?C2G*G:#4(/0"G M@A8/%O4""M"KR$E+C\]$CA2:8!QM.'T"S=8@FMG0PF^"$1PC$0?\+O.[((U_ MXZ[:298661)'_!_,_XN+R^45ZT$H3\$_VM&%NCW_IDO(.^F^_F39ZP^BF68N MM!Q/T*.7Y-_H#N#LVU;8[EC-NUF%#]+6HLI?.^1K1YP2G'>JKL-[&FW@(9Q> MEBR/)5PN/Z=04Q>29IN']-X_ALDFHA$4\UBL8#6L9KK1X=GUKSAUCO;310-' M:K<_@6;J[$.?^X.O^EGLO-5'[/ MB+*)EUW2-!EL M`X_OB[-:8ZIE\`ZX*5).N=_(/5_F[6Y6F^KDJ[H6,`S652?&.&#Y0Q"G$#R\ M3#L_R8A+$Y-+8-HIT$>FG@,--*W$%!;A>_8O!D/P=&57O'&`KG-(>O>_M(OU M)$X_;JE1%;FKJ63#=I)F+S+^^WIPL6;"314YL=O,>IW`PYQY&24:JZ853\QS MORTQY^]U4V+:W3HCFQ\+-N&^G8$'#=PL!17K2J]60?X$^4P[OHXGWLRGB6P4^(9,"1+R5=Q-Z[R MA9E9.*\K"C,M+V@`=B&Z3#_!=BVO7D?XF*5Y\T]^>`?\=3PVO$_C?VVHW<[) MT6][N3_EHCNE][#V^<-H)JY+;347$>MW0H*D*8T$H;:>)#BF>#]7K\X]3:/I MZ>+3FW%;F&.>DL.2'=/:0#,=9@IND=2)!,'=EFF4K-5[^>SXJ?YRPEYW6FN> MML!S5%;LC*-O>?N27?1/V7YKZSM^AQ:LBD;$[C:`;G2Y`/5311E/VD6R`;+JI1.FZV4E-7.>?PJ@C[:;2*H6 MTJ3IXZ\N:]KSFAUD*T@7VH20NM<10(#P3R1)(2T&\C]RI;55&+?)1`9 M7-.\FE(X9LEUR68U=YVA"U3+ZHC([15-F8##>YA]"C2(DXHE;$@:(O(S)\-R MGMR(=1ZG](S]5>FT2@B]H$,05(J0E@H?2L:B:9`"I(33(H$+W.PI\TU87]GI M)5WSG&N%ZD8NIX]FVZDP>!-;SX(&8G9RBBDO7>;\\\]I#`L8QV#Q8B]!$S'- M>IB''=,QCJRY7(57)JC0Q%PL6+!$Y*:)JTF'QV&SE->X?LB9FU8]W]H\5GQ* MJS\5$VQ>4R@NY5DH:W5-3],.&CNXA?!C--]D$&AUB[W;3&/+ M;6,@I[&[LI1SE&I,YA1>[]B;*;!N,:9@>*.XA&JF.$QIDPQV%<113UGE3EQ! M[39"HA5Y&/V0DGJ'EIU\NLN1\8Z2^*1VZY2N+N3PO?@AC7>D&`23>SEA M#RSAWJY0]_8'/]`LR>[BD+EH'V*:-!G+^NV(DLG#YL^@@&3OI^#P#IA)8@K9 ML#4USX];`GWENQ18_!9^'>P'RETPJ#03,8<^AGL]<.XE1]TT5J<%C"8H,ZA# M9,'G'8R@5'1(BQM:I)4OK#07H6$_2TLC7O\/LA3 M2.JOZ^->!6S#?I,':1'PP*C$\%ESNK[`9*G*^-Z2@(FE+/S MR^?E2_)CL(J3DJ'L_/P$Q\K3NT@O>:1$N='3,_EY65RG@/QY<1F'=_!-$E-3 MB(-6A3B*7B&.DBSA\L`#ID=E&B4OO[!YLN#!*&.'#&C]@$TBKAQC/4*$T!*E M$W;H&9:[E8N'($X`VA^R_#KHEZ?I59?A$?3/:4ZK?6)3,>28+C.X8/JHVH?N MIFVG^_Y==L<@6+"+AM%@?9?:")Y\KZI1QBMZA(.J1L\AS^H%6_SYN&L:C=_XS:*;A_G2;NOS$B(KJ7>592&E40`E54/=RJ>Z`ZNJG M.G=BYG[R6M@.1U;T4I9` MH21UEJ]B$+;-35'088G86L@X=2>ZQTDMD[+9),BFKX[><=1<-U6MQ)1/2W#O MP$DLV'R&A::Z<\(^@X`GW'8DT09*71"V+L%-DSB+<"Q$:F/4/G1:'QUH?M.\_ZV&6W"*DANVC<^_3:ET;"G6`:)D%1 M\->FJBG8LL+%^5[`CD\[F'GZ$%]*RRJFYVYAD2Z,T$&GW+5L[TG4UDC5I1(# MM[.672U#.^Z*9G7:4;/>9]7N=9'O>B1Q[OJ,A\^B((\+^$S8^@SFC&RB02-? M\_*VZ^7L*UF^=KIY#]JZ M6W2;I-F->Y]#^])H]O9*,M42_M-?T;(D)F=EOHV?VZ15D=Q MO8\4=F_W/^-R$=M7)_77MEW_AO?INF?%QK/V(]M'Z=>^O2QKN@4=3NHL#\#F M->-JD=I&R68MFM.&=PQO*;C\=2IM+AL4%UMIDHUQK!J-VUD52J?\BB&;@(8$ M*H':1\*:0F19@MJ(U#L:[>13;A&R)?M+5=&1,1"H;G>>!4BN!%_E=!W$T:?L M*4@D-E)-YC8'12[D,,-D2(,&-0K!=,E/@ZLU0?3`7>&<-_!$UG7U>2SX491^ M49LE/0N*XCT*`Z6C1X0WHY#"$QR;/.5E3_B%X@_Q(R^!ABFVN`'B-X<[2EH[@)OX#*@""-==XD#Z5YS\*[D,;V+TY0_>I3`NBS9 MN1CH7>T>K<1NMHE:8N^0L)5P#)"6C-Q6=.24AG1UR_#R]NB`L)'^!H?E6*S@ MU93?N(F[7-;O8*5W?(L!E469N\;8_8'',8,5.D>YJP2%>*P?BQ#&5O1\KA^B-TH_O@]=B6#=Y1-D5)9 M]@,B&'"H!K=7<(!L:&^;-^?!9%[E=!5O5E9V6LKG;XW4J*%>'"5,:$!G*ZEI M.834(PB<-B^'M.LC3C!6D=^3^R"_4X94#3P^02@57P?``0-:\,FD-`$/0-=F M("P;KVXW5;5V6R.X>7Z>S3%%?T@I?=0&EH@JJPO<(T.#*;5L\N!$Z[O7!1IQ M8.83;4X1+I?G<4K9'R<,X+$*.1IZE_@QBMU'D9(8#99,$HHY\#4]^7Q\31)X MJX99J)"S[&E;""]YG3)7\8'7=I3N7\8D[K:`^_#KA%*^G)T`:/[ MMSC-]Y4:*MYL[P3K=@H2+6P974%AFB(-0.RX4,!FDJC"VY,U&^T2UMI*@3_2Z(X_3=TH6QPIK.K\YIR^BK6ETH/GLF:VY1W:.U)` MN-M27[R,VCG"W+"&"P?FQZ_AG*7=A*Z.O!9I=!X'MW$B2UV`7!XQ/X$[FY;*.RESFG^*[^_*R>\18-=^-;$Y- ML:42`Y-KX$$#0TM!M4_PQD6QH1&4VPU2MH^E>1@7E*SS..2>Q.^/7O[A[9_^ MB`.1W21K%XZ^L]1,.%4U+GMVMR<2TY0:'D[8\:)![$2!A5RVMB(TZ8,8!SH[ MMT;FOT,R\55.2^7=4WMVE^B6]Y7?EMUC>Z`J2$TF-Y&>C%5<^`>K&E."@AF(01[Y85+ MWB)8W,)C-J$J&&[!Y_3PSE:-P0&>B0E+7<6I`@OG><:TT+UN@'?\E@>Z!XHL MY9WRK`<.X]#;F4^W$+;,+LW$-(7ZF+3C1+.:31)W#,P>LR>;X62OA\Z.3)9< M%[#`84'J>'4/42?:ZT@:>I=VPBAV'W!*8C36P"3A&$?U>2L_'D,"I"9Q:5QQ M]9BF=*E,V3!R^;@$;E!!=AEWY$M"5SBY%EH MR%#X@4;P1N@\,)J8O10FL%)(6J=`RXD.H5;B:H%:Y[!95M<3DZ2R_?_.G M;P]>OWX-X2_\Y3:Z8)^YTI*"UD\@UE#S2$J(!J\ZZ0S5AVJMT%! M(ZAQPV9055X-/-@[O@@X[I@_]W;6. M9K[L7"4A&[',PE^90\)SXILU`*Q\,$J6OX/M%XF8%X/N85;>`\?F3CH>=]+' M#5P7OEQ6*9F+37F?Y6!K=(.QV]]Q/OGVT4W"'-SEC^":BGO03"AHQN=B08*F M="V?CM7TVZ3,S6MFZYJQ85GPP(J<\522?@7K2F-YQZEZ>4Y+3F?1?%4'\V1Z M,WAFPFS9Q5L/19G'(10?*OA"M$GCLJC`#G>R(*F90>XMQ[JGH"W7%DI?TKQ^ M`ZZJ@@MZPQ+);$#)E+C=<)?T)H.*-UE:LN83GM):W1%28F#KEAT'?*LB\==E MD)>ZH.^.=3,6_SA`YY`4U0S1K28MB7,W8"2C?%;5#L(GV/P6<4FO:?X0A[0RPI]H MF-VEL6:%=?;K3A,EW';I(-W"S4^C6?W=ZFNS7_7D&'RD95>U6(:,`0&^+(H')[2^JK"TNO!FWV?1@YV26\5X!G6$[/8(F'9=OC8TIJ&2B:?J<-W ML^N07O#OUNW%K^YT6]DP.)>31%65PP955&9 M46DR8%]S3/?\Z,7S;UYXRW_O/]A2+5["4T/R M0;!@=+P"Z`=GBKSRYVF>O]4.D]/:!#UE3I@O$:<;MF1=MAEIU6.];2(1+=X_ MEGF0Y6QA"_*GLY*N"KWGINV^'?^BXXH'^^XZ]339Z<\AG5K[T%&LET,/(=L- M3T2C/BF&6%K(;$M.F8L0;<*NE(2B[RSXG#ZW8JO&X,T5$Q,:I-I**B\46+U? M0)Z_>?'\#R^>?^MKR=[3&*$+;-J+/!ZN.GQ-N",6\6=SV+#I?:S9.[C&5$%Z M%E21[[V^4\LAR46:PNAJ+S=-D69#9\?EW0),%G6,*>:E`X3(6;_2/W_DIO_> M$@F[AN!=@,$S8:MJ\TC6U>YQ!WFN"D`V_NR9]#71[O7?:WH'9)_H&J)40BV@ M;1MS!]QM%>[`/+W/P`7##H1:]WE[IMA/1G\!.+ M+(DAB36ZWMP6<12#%SD7UG,:]`'M^8K+X#V]-700GZV"`/.WX-$I4+X9_`HI MVI]Q[/Z!]H.SWN&90O\,8CSNEFR_1%GH;(#9;_%Z/+(LTNDR"QO$ZM@%,M[K M*T]9SG>+).@U!2OT-1O9,LCCK(KRU\V2+$V>7GH8X7/Z0).C"_X`UG@8^]\A MB*PI11)N[/>(?'7I&TV7OL'7I6.1I%WZQDN7#LN]:&Z>#P@0=*Y>+GE5F@-2 MTWGM9'7OHNM60W^2GT_I,M@D)>$[___QU*UVI1,D%0GP=+=&.$W%%-]X%C,E M[#)%$'6\1CAIEF--^I^D(B:+D0-R%:`:#V39/M\@'O>M%++!R@%I?X(T'NT8 M/L.?:<-3_@WK(HWL9KN)!]'AHM5O"TV_O':J?-C]0;HI06Q0V#((,CV\3)1MRI`(C@XT=O ML5Y(^^9"3XP#PM]D>`ZBO""=,!`"J<0!:]0*U-HC0',E$VF$JB[\#<0BM5P' MA$GF"?9URB^/_=$:BLQ)3GLYPT1Q@UWP%I.3&9IH]9>4J+ M^"Z%`-RB$%\9::;0%',SI5%$H[T[7>S,`O,O2M(U3H*"U,TKC8?W.5Z9*^64 MKKY&-*8RJ>03MB+RFBIH57Y+5<`*3Y^;)!2S-GD4F3$TQI(\KWE\Y8%,O+CF M]MZ$KN_E06A(GFU)^069>2XA&?TL%QBAHFB-U>Z1J$$[N MZBXT>$-XL]UGKACT!HGAHA>8K_)^'UPM.X6&=%D,B&;6H;B,9RMNC"9:8J;%VU1+JF#DC3&!EAH&D2 M47[L/VEHGQ?+B1$-I5E&(?VAYH"%M.8A#9,_;_4D*.Z9%`]Q1*/CI\]%%>EZ MJ")#"X@5*=^8M.=&-&XSA)8YP=`&:1HAMT_D.;1#XO0%:9LB75O>9]U%G&8Y M,QG7O7P:_=23<2`:1TM!=9-0X<%5K4)K37X* M;X!`"X0WX2M%I=-NG,1ZEBZS?,7S)H^?ZB\MAW524RB'>IX&NN&OF4C;).FU M>0!3O*'PC@V;F@0CFVW)@F"LITJJ*;J@XO4P7'#$)KN*,1XC%1V2@3&*)US! M4S!XS:/<^0N,_@=GNJRJ1%?^*C-G)ATW^;GA][8.3BDXA.>,0RJ6L`QQH@-2 MD2%<3&:4[_$_):;).749D25M]3\Z9W]C'S'!L+3(P,34P,S,Q7W!R92YX;6Q55`D` M`T1R5%5$BR7[6SV/J5H"I*YH0B'I#QV_OH#0%+B`X\&10I-Q_MAX['1 M(+I_#:#1:'1___>G5>0]DB0-:?S#FX,OW[WQ2!S0>1@O?WCS\\UD>G-\?O[& M2S,_GOL1C) MYS3Y^?I\T^U]ECU\?/OV\^?/7\;TT?],D]_2+P,*Z^Z&KI.`;/I:)*O?%V&2 M9E\^+=C`3_R,_?+PW<%7_WUX\H[_W\'A[<%W'S\W?P]E^?+FZ" M>[+R)V',40G(FY**]R*C._CNN^_>BK^635LMG^Z2J/S&^[?E<#8]L[^&FO:5 MD:3AQU0,[X(&?B:4RO@93]F"_VM2-IOP7TT.#B?O#[Y\2N=O2N$+"28T(M=D MX?'_,N78?#6E49CY24B?$J83J[?\[V\91NL5B;-I/#^-LS![YH`E*S%>QH/H M\#XABQ_>/#U$$P[_N_?Y1_\"(']@T24.NY6^\M]W'>>1'7*PW]X1DJ6%@ MTK;#C.3*3Y@$[DD6!GYD,RPI86]CY#.-<&S2V6+VP-<>AHE);'JB0<;&E[^$ MW),X#1_).5ML5^2"IC8#-?0PS*C]]/XLHI^MQMFDZ4\?UVD8DS1ET_`F7,;A M@FD4FY1!0-=L5L;+*T84A,0X:2R[Z6W\GT*^.497"64ZEST;AJEHW=]H_.0W MDOEW$3G]?"24M^YL1]S3);DFR.B%W MF6DFR-KV-I(3DH2/;+7B"T":)6)3,DE&2]/;R,[\,!'6CF$TK7:]C2!?$F_] M)Z,"2UKV-HI3U@-])N0FH\%O?,EFZ[787J[8EF@:&(RX1[UF6_,]C>;,(,^G M9R1A*3F:;![U_WQ299^=LNW!N,FHJ/9PQX'&R20?(C]#C1`9?MA]C[0F#04P^Z#H-$! M*/O?$T$C4[1&L=H#@>_K`X.M_#`^M$1[WP5.V`H41NFEGR1";WO:#53=#K4K M3,[C1P8TE^QYW/A;,1:[+<.BP\%X.O8?6*,H_(/,3\@CB>@#'\XQ3;.T&T_P M#@?CZ90-DN8N$?8CF[ND&RO&?H;BP'+"`*GW8)-,U']BLYE-X?5J'?D9F8MM M7^(/`@*UMP'L0V;']WZ\)"E;`C9MMG_=62`VO0]A!4XJ/\.8@1$/8Q].;M:K ME9\\SQ:U7\,&WJ&GH;BH_JNT4#HQ`>AH&!XLUT`0[;#6^^1'/XRYC3B+I7^' MR;^/KH?ETQ(9JS[V.W*;&Z'N'?9_&IML?CH+8S\.0C_*UTBVQUV$_ET86>P= M._8ZA/?34L,`E/L8I8TVV7:S)^^NI>"[=3:@/P"ZQ1GH!CN]3YJ_``[8LIN] MC]]&]7?J4\<9,^531B$4\(+]HD9"GC(2S\F\[(BSMWNT!?LU[Z8(C3GP)EY) M5?W1C^=>WH57[:,8?#G\B`:U$4<\$H4F!FG^Z^KB5]U(IW=LL_*#S95$Y-^1 M2'3^*R.%4;[M,M)"M"(P)B7!ETOZ^'9.PK=L]!_X#YR-#Y-W!T58S%_8KW[- MQW!-EB'_=)SQ4"3)P%E3>)YS#LS!EEM7_$3_1JKVZ M-1"#KQ!A8&+=W9[["XFB?\3TIFN2Z/9>)0D0F*\1`0,2@CMT M_DFC-1-@\BR>`J0Z5%I-@6A\@PX-!=,.[=)\]FY.BODC!:UYJJ``8O(M.DST M(G`'C5"18[:2+FFB/3`T&@*!^`X=$%*&WAJ16/A`Q6>Q72VSL3#LTKDI71MTM)!P4%XD`;(P^51+S?^\K// M&?N=8@/1-(=B@_'`K>3>/23<'@<#4FD,A0/C$5S!N02,[]^VF+M@OQC2!2Y_ MG%?S>1]Z$V_S=HK]?$QCWM6M?-R.<+39WFU\H(<1KWSI.G.7G%-:V2DV5D`<_G!?ATTSK*@&=1NA`Q,XN`CJ`9R$-'/`!@>H&2?_W M`EWFDT'X;.P+POXXO\BY5HY0#"^CF1^)EDYAJS$8&O#)=&@)V_MS&O=`40= MOS@F4F6B\^=CI@FE:.[,:]T!$RW'.$"I)UM0+6L.?=2=U[.7LI!Q5V(H'LCQ M(.1C*M[_D5B\_@O3(*+I.B'F(Y9E-^Y+!,5NW;^HK3.H0E#:'0C?!`[IJG*HC)_-1/XC!>II4$8VP7#H-08WY":*%X MCN#0!Q<5#F@!N>)X0J9+DLT6M_Z3U@-CUQ$4]!&<&3L*$8<&M)V+-O<>4>W<\7A?7?4D4QSV19T9-OQ9(D0S%VQ2V"ZSNZ9$?S'=G\P(=VF<_WX:Q\(JZ2%%UF1.L@2U9+&]8NP_2%: MEQ(.-"O>^A[W[=UZ=?W,;,>0\%W%B4XQ[/=K$+'KIVN]8*6$?QS;="M_#&2/ MUA(YRX>W%U1Q;\VM@9KV926!ZQ>)^T`1^78,R6^E8JU+=JO!KKCV@24L[94# M_Y:A>'S-M_5!Y]O:=N31A5?IRIVRYI>*FX&9S4(E@=,9EXKG>T6B`)!QJZ)P M[&TRX-&:0WK&<2R([;J`G$8NQBJ*5Q[AXP2IT!&,`%T0I@8V0E)"#&>3U?\ M'NN/6N4.672IALBUB\<2)H``<"#U(Q&9&_@8YRNF29PK'OY:\*E&RTCHVH5C MB1A0$#A0D]9"*TO479.`+F-^$#F/\]7_/":+!0E$<:OB1EGHY#K.3I_X53.9 MGS'QG9:->/'?6Y+RE^O:Q"5['H9K%Y#U&N``)/NKW^]RFS0F2VY2N@\`*.+4 MTFPKZ<*PU6WP>BKW7B4KS8&(8.QQ'H+'7//-UK6TL6NGDIUEK>$7QYXB*T]< MKE::H#PME6N/D4[HU(*/E[*V2K>D2YJ=D#16WN0X?I7:!I$+ZT3$H7TBV3UEALTC,T\$YR;OCY'<=08PN&I8R6/\ M\%<$`]J^71:]L,92PMRNB-WBL+[J6IIG*5NSU6KK0CXB"YJ0:IED]@,[;030 MN6S9J?.<;UVG>"?AX3#Y-@,L#AE'[%"YT#V94Q(X3P%GBYZ2Z?$ORR.4U(FQWXFWG*TV\L:VWZ<)Y*SP[Z;F%Q.;&G5<*;";1YNROOB MZNL."=*L`QMZYVGC@`A;LH5I,RW?59'X21FM^(#2G585VX#QU MG-UTM13,*-#LC"*"/'*]HH<+M5](N+SG.O7(+/$EJ4<65<*!S)/1OB?GF>;L M<.TJ*OQ`5P8/GK5=^W.>KJX_T,UBZVQ>LZ_=T92X?UA:#;Q3I,*01^%]!8_" MJ_7KY1U[7_"NNSTVE=J.U>\#F-*L=ZRWSIVYC8EMCLV<"49+Y"I.;Q<`I),< M(!H)Y7]/B%^2DY(_E_@C?&.?3L+#>Q=)?J3-`[-D=W6_ARS`4<\ MHJ;;K;6,WG7488^XF:^[U0+$`?IN6WIFHT()\FC-A91%]_$]6&725>K@]1?GI_%M'/BF/3UQ;' M)M:3EW>%(B7/AC.K5#P2*K2CM*#,<>:@Y-V"5\P_UKJ1WPL8WAP`7L=/[O=1$\QO=T)H-S MIMOI+>4/">(@C$AM+[FEO4W\X;_L^I3589W8%QPXE*\\#Y;%++;AKYKE1$OD M^G'8WO"C<)FX#U,8^>//X>I5N-&6T3PBE4\2;/X)$P?:*HKK&#?D^NG M78YTHZO(Q[^\-#V=Y[%E%2-P!ZX?F#E2+4L!XUB"A+MD]L"AN8K\V/A\7=7> M]8LU1YCKQ8<#8IE>Y@M8)=#>;MI+R%T_0D,TZ97"Q:$/TT<_C+BS](PFW)RN M/-Q,Q`O[^EZH?;W8I2_7;](<:4IWL>-0F[:F;V60IB0#N$0LNG#^V@W->F*0 M,E;EN$K(@Q_.C0:%F=+Y"S=[3$R8RH6#%!&#AT/$+8].W\NU[\J M=!,N#E6!WRKT<3^&X*V=HTW!7LZH]2/WN_1SCZKMR_G[O/YN4@$RPX'YE?\L MYL;:0A='"5`'8E?/'@H,H@I4< M<:K!;"%L6_;K^5JD8\S-9CCXR@Z>^#QL/P0O"WN"VE]S8 M\W4H."[J`_5R+M#V!0Z6U2$?I>U)V!;@((4BNB^ M`RPA\*@7?ZV<\,%ZXP/K8B^$:,IAOKC<-L9?0'M]Z2(]'+N%?.13)I68B$`7( M;`%OD4.1WK<3KR^D%?+JO"@\",UA1XHDP[HT]*LBOQ["E63?#KZ!E(2SW(N: MG,8(;(V;]<-#),Z_?E2>?\_C!4U6OJPLL"0*%=H!5$WV[12T5Q-+F>'8,,J' M\U=^J$DB5F\%A6PPQYZMI)L1'FV6<8!1\E)&+FS\B_%4.XJ=9W:3@/_>0Y?R15>A\UY_T=^H1JPW"5*8?1AMWEC$-?A*\YK^I]LDX8 M*_D!55BC94);,N>I6TB<&AZI=ND+JA_#U<$<1C^ZRQ5'%INC=1KR$HI,##?A M,@X78>#'V30(>,%%S@XC"JJ^KEIBFV^\B;<5%?M'V9WGQW.OTJ&W[=';=.GP MS4R+/T`""`V-PXE=2OR$I$$2/I2/I%N#O66Z<11I+^8Z=.4XM8T9Q\9T[2PM M'+/U4RBJ\S*SEAW_LV?YI/RV.2D+*F]#YO1^40R!OZX493W9EOD@R]@LO6)X\H&Q;-^E6HL*R?3;Q.?EIIXD2J\V$[]KS<1-!U[> M@U?I`E<>6?.$U%,Y/>66B2#$S#()-ZP1KX!_';!)1D(W8Q^KT M.7C7G#Z"PBM(7&;VR?WT30]!\0RP?/"5C]/&\;9SQT[3'74:.V!N[MZSXRG< MD[ZTTB+U(W`FITHAHL^$B*O0ZDTG=_`J MYM%7S7E4=N*)7KQJ-U[>CT/;:S/0O+A).;!K$O'''N(`+NYZ[_A=;_G"!&"+ M[MBO2W,4.O2CZM`A%NFN';LV2GO1E:9=VH^T<2P7U?=6^25(K6"0*`$4SPT5 MFVJ+R==MQ]#V$\5%RU\;!4GY9_XJHA3J7_(VGW*=1QQ0*;W1SG5X40W42YH1 MJ_W;H@O'89U!]XEOUX*9]QK;B?@LS;TCG4Q08+`/^K MDL+EE&H,RFXR08A=.V,-.#4G%%P>.*82-+1.&V)WT(KFL0FQ\[XH?^I6=/LU MVJY9?#59^G%1?&1;Q8_]@]>*3V>+JXH*]1B9-_!GQQ;%MQ<4<"PBC8B_6QX( MHE@IVM%&C;@_[XNSR/TN%E@=^JP7ZTY<%X:T1K8+DZ@V766!8%RL!I;J% ML!6H68W;QK#PO09P:RW?)LQ6UJR&V/75W"!AV!9BZYSKYY$D=S0EC4P_KJ.T M=4M`*[JT$:N-8Q6XR^PFM[P]BCEK':!MI'0^6W7H*">A=93V[H?"2E((NN() M_8L33N6"`G`JM._%M:D#0Z@3:YB,'FE0L&[M:P77RB/K<2R!KR'VDL54R@'3 M7N%Y.H]O$W]>8\1JO=VA<^=+C/7U^ MQ,\"]H$+CM5AE]!'W8+2BJ;N(P`2PU(TQDC(%L8\_J=+*+1]3Z.(B^PH'R0S MN!&$IIN5[;#D9I`DABGV4J(EMQZ`QO`JN7Z/GHL_VCE([#H<653E;G(;OTL3 M&J5Y0C(_C-)+/TG$,44^YW=*B.A]47S$VWSE3W\]+/6X_4*3W]@G"A^^W)_6 M;#.:NUS)V#%=W&XAG-DQ-!2%I8]=^2^LK6@W+.#`1Z8B+#/=Y93EN M3Z73+$O"N[4("+BE+1MKRM:8>$EJ.4*DSVIW[MMU`),UXOT)=$0*^!>VN&:I.P14"1J42>A'B.,(T(O,FV["3\[CQM$9GYVCB!C<;8^(=#C#8 M!";G[$>=T21IBP,4N4JI$*@,OUJ!&>,;C:/G6_;MZ5.HKUQO)AX13B!^*K8X M1MSX0$_HR@\UU2I`Q#APL]!/\#.;"I/;(VZ/+R*RG_Q5&&4T_D16=R21X,!? M`[1:N3X$6JA4]56#@MM!XHHN?#;(%4G]*Y*L==*5-G1M8'<3L(;G061\29/` M9V`^A0'5B5C6#BCAP2K8=I.PFN-!!#P-:,S8,$M8VA`HXL&J@G83L8;G061\ MS`;G'U/^P&I.38N%LC%0UH/5:>PF:P/O.-PO_(UZEJR#XO'Y"7DD$16\B5AT MM>UB)'2]C:K/-IN/" MCPE-K>O:=^O-M?D%GIB["`NG0[/RM*>YS&@=FN;\&1.OTK=7Z=P3O;_Z,ZV, M%B5*P-79KH>QY<^P9A"3P5.MFFU59KA%X-K`Z>J'-DA@$#OGA##I!&&>%DDK M==9:V=BU/=-EIA@XQS$II@'C)`WSI%5:L[_=TK4YT74:J'C&:3FTK62=P?"^ MG?"C;3!4NO2*/E_-A&YGMQ$.^8OPT!4;"91^8K0>'13THW0)("+`\>:)][$ M_TC$M.!I]^:K,`XY=SRX40U@00ZC'JN)8",;'&A*O0B5),&2AQE*BM&9&4:. M!G&?N-\508'/[ULY7Y3!/CB"F\>R_Y7GB%,_B?E#V"+E_Y7/DX$F?ISZPJ4J MWP3!Q"/<"2T%@\3@5":6FZC_E*>K7:_6@D&Q:]2>\N5I%;26:BL=BS8UG>'/ M_"5#94!%=J?ZZ\*B+!(&2Q?%,X:^W"J;#&&2![;C1O(X#\8+*9MF.= M?68+U53X[R!0U9J[MG%W@$C"-@YDIH]L:>)KW!E-;OQ:??7MZB9N07Z.$Y)[ ME,IL?4=D07G:FB?-&M)/]Z[M9&OD>Q4K#DTI,\>Q@>7)"MJ;,!^]6A?`';CV M\UFC;2D:''@"S"F1BT&MR?-_K_/5[9)DLX5^'1CB8T`]^8!&3P84.7K3_OB> M/PM+SV-9?EZMW=Y*)6:PVXLOB<?GFIT M9CA$"$BL,>42L*F!7'C:9W&^P9W'VZ/#3S3BF0$Y:[-$CW#O'QJ=M3Z0J`=9 MG#>YW:911#_[<<#&)#X=\Y%O4T-R![`B"P7KQKZ7\9C6G=C#-/-W/0D`O#`] M?L+U>Q_[,GE]BW>0>2Y=7_@03]8\S^,F`KG09!53\NG?6^=`\+]V#WZ?7(]_ ML1A@<;!9#`9[F;:GQ6#HR2_;OUK:RX=(TJY+0,^?``+_K7O@^^<=TW+0OCR8 M2?UKXKA+LGN^X&UN#)_K_D^JFE]>(QE+`'65-T*QUW/,$]/MUZ M`GN#W,/;F4=,GO=*W:5)M8*3SK'>2L%?*U'6K%B&P&G^6K),(Y2S,.9[FV#A MD@"8;1$XKZPQ1&DR@WAP[.,%B]?TV8\4*_'F\J#9TK7??1C85!+!@IU?XX+CA,F1KM0LG-^O5RD^>&R4-M5:MI`Y,O>HF^TW>JT<7[9*<*,S< M\=?D''7>5;NRFZ_)5H=#8NS)5NN56(WI517-QX2%G`,<*51;@S.E3542($%$ MIUTF8(9,B'K]Z>B"^O&F5(0N%Y^JK>MSK4%9*MY#/;>#N'?9)XO$^GR?XHY. M@X@5K5T?.JV$K.5X*#%?T'A9#M"HQNVFKD]]EEJLXG40Z=;&=D2681R+FI81 M=]3)I6P@<5UV#)*%$,0UCL/R=,6KH/TAQ#=;Y!Y47I*)GT1Y_LIB(NJB#<$] M.%_NH;D";84R_-0YC>=6\Z;1WOD>8#UKI`RC=%]4_U4^UM=Z+]KU,MO>B\9O MMK5J7WT7K[Z+5]\%%B3&[KO(URR>L%ID(=$Z+F1M1X2";/@X7!;UD5WZ*Z// M0DV!`Q"U6FE!J3(RD,NBW$@-Q[QF,]>6JTE%ZF<\.9/#!+4?W4!$*FGFVB2U M$*F221Q'N%<'=&TU/WQU0/]9'-"=5O-?#T?FLFL/'^&";B'5P<(HX%*5#A_3 MFE[?G?*'3&%0U%^&&H8M,M=F#-@!!V(?!U)U7V%Y-.?NP:N$K,+U"NHYE9*Z MMI(ZNDPU8L")6A%_=>\G2UUHKH',^;;2%2TI^SB0VN0_+1/5WVFS"DH:.]^6 MH*AH6$7H^8;E2_[&Y.S&E2[Y!?BVK\E#OD^FLP77./:?8S:Y0PT7&A+G#T8L M7-U&SG',HA-FSCP*3=^:..ED^^!0^G?MC=*WS4FV[<*K],'^P+_B\<]X-%:U MPG''))'!-)[_1.;+,%Y.`_:G/*VEV$[DM%U3-^FS"W%49'2@7C"Z M]^CZW-:C-NPL"TPZTJSP>5[9;?.G,DQ(%Z%_%T:J]_(;8]VV)]>GP_YUHJLT M$=MAL%--JX2JP93",6%N.#Y?$NZ'SG1)TN`] MO#SCSE9Z(]K`KX1$[TD6!GXDWS,HG.\?FA5@^1]>J+3 M^C\VGRAS;?'BZ^VH03DT@G*(Y<5" M+Z`M2G<'4:89-"OEX!+ZU;)=-/B MB>BJ^D4MIMO8"5"5+47ST2V<6K9Q3+#3U4-$GPFYR6CP&R_]Q)8"T3>O5`&T M45H%E,I./=&K5^W6$_TB,URV@Y\MJH.])I&?%24'Q&.,.S\E\^*)->#:=]=^ MG:;H*(=5'?B4ARTLA;?MZ+DU\NEG/ZDUYPQJ(D;Z_(;K,))>-*B5*J1O#'"8 M:&+01V:^CII\7:ZY7YY7P>`/HZ;K[)XF_)6%0<7Z_91KPV\X51L"$B0:Q_>A M\S1=DWFU['$^:#GONOB+#IVY]I@.HS7=Q8K#^A%CO*<1DWW*2W)ES]I0-EY3 M9W/=)-[I;\F]G!Y%D-IFC&Q>!\[18< M-JP5C<6RK(QZ*MI*FKH^&W2!0\DQ#M-].I^'7'Q^=.6'\_.X*/UH`L=`YMH< M[P(42!(X0+OF-G!,YJ=^PJNZI":T5.U=QR-T@4G/.PY\ID&P7JW%R4]40.6, ML9,,.Z2)AU#V^IG#.#MZJ'_M&8-JT3 MILPIU9M`.P>)/>2NL,Q/,O>!8KE'+O?4&9SEFU9H3"0CX!+F7@9LT_F_U\6M M\2U5F']R-ZN8!+,'_F-Z3=@L2,.,W)#D,0Q([J2])@%=QJ'>U;VW`:`Q]$S* MMF=(<.Q1ER3+31X>S*`Q(^K-T)A])DRE[(T_.EAEMVZST_W$=DFVYVW#5&Y( ML$Y$].PT8?H9+ZO7.DQ,L\6M+CW,<%]$8X.:=&EHH>-8$,9AM%K4V_C:N>+T MQW(O%M!I/'>_@MF;K1:0?^,>\L;`!P+.Q;TZ67(!7),'KKKQ6_P";AL5U)@N$@*_4C]8I+Y>0%LH% MO5*7DXT1&SDG.*[4BS$9RPC6FR%#0:=A35#JC`R1CN53]I._"J.,QKKL'^U6 MSOW$,E6H9/A0\35(4853]EN:"-YU4I0T<^X0,XA1R1F.`^HQ31[X\,@TSN_O MS,$<"@+GG@<=$*;!#ZC:QS3FIO^NL/7R\YH] MN9?M$\GNZ1ST+!5(/IJ+4RMQ8$20K=/L?+]F1_P96RF$@-,CLJ`)J;P;/WUB MAW\F\S#VDV;R$P^/5> M;R%&ZNF^>+V%0(O-ZRW$ZRU$RQ/V>@OQ>@OQ>@OQ>@OQ>@NQ@RA+9PQ/!<,0 M/"%,'D&8YY#*X]H5J988,936^;(,N9"P$\1`6)3^U_/XDY_\1D30YS90.`\- MY1E9FZ<,%3[=^\/OSMZ1P3WA^#/W?&XF],WZ+@WG(?>+[H!EESZ=[^FV>'87 MG%62J>(O_/]X#BSVF_\'4$L#!!0````(`!(PKD;<16.FWPL``-AX```0`!P` M>'!L+3(P,34P,S,Q+GAS9%54"0`#1')4541R5%5U>`L``00E#@``!#D!``#M M75MOXS86?MX%]C]P#2PPQ59QG-LT:=(BUVFVS@5Q9IH^%;1$VT0DTD-)B=-? MOX>4*.M"T[*3V;@KS\/`)L_](RF>(YHY_'D2^.B)B)!R=M3J;&RV$&$N]R@; M'K4^]YSCWNGE90O]_-,__H[@W^$_'0==4.)[!^B,N\XE&_`?T34.R`'Z1!@1 M..+B1_0%^[%LX1?4)P*=\F#LDXA`1Z+I`.UL[&'D.#7$?B',X^+SW64F=A1% MXX-V^_GY>8/Q)_S,Q6.XX?)ZXGH\%B[)9`U$\'5`11AM3`9@^!F.H'%KL[/[ MKZVS3?E?9^N^LW^PTSG8W*JI(,)1'&8*-B>;Z;]Z[%HFLEA`<3G[)' M$WEG?W^_K7HU:85RTA>^%KW=EMU]')),,O12"SUE88296Z#WHHPA3[S;3CH+ MI-1(NI>04DWJD1)=2-R-(7]J0P?0=W:@,,1YG+`,<]I7HM$.R M[!99&&I%H1R]CT@8B!ZB(H&[&-Y^IR/!PV\T80N[3"`O*)P(F1:#, MVMR61A&?!(1%%UP$9V2`8Q]"^C7&/AU0XK40,`U))$=A.,8NF2]0CV;,&(=! M#_,Z;9%MXS&%40T-?SN4\!\([I-[,!W)#S";9XJ7_6V8%;&T]9AYYRRBT8N< M(B)02EJ(>DE$["`':?;\1\P\E,A".6&'[;*8G/`X M)-X-^TE]'@L2@AC%U(6&E#$EF<'D8M^-_<5XIJ886=(&'?!E(3C!OIR#O1$A M49C$O-AD#S*LEFHI)&F43SF3:CQH\5`J""62UA&&(-QB`:Z-2$3!8$.XB_WV MV&_7CSWZ4!#\75.QR,(5W@QNQG(?`PK383^CSX[!C@V#J43$!V@JI83Q,9?QR.+GS^;((F MZ[*#L;<`&"`2*9E-C?U)'%)&PA!V/#TZ9+!KY\'8YR^$ M]"+N/LIT#G(Y9>>MCW5V/X?&'O7="$,NS7V/B##9 M3A72:YE50ZIRS6'4L@@X0,7PDD4$HI`]&%\AP0[C7O4Y.M65[OZ^+]4#I+[O M51945(FTSL8B38;R<7A'QK`7@8"DZ)5;[8A4\LZ4'V4"FAK>NHG]F6! M3B4]7:0L@#[H3XVMHY6*`?\F$O-]I#74FDIV6)QH?W-2E8\N9WF-CWG=Q.T,]IG4#Z^Q$.JQL%C:5^&V MX_:JM\+H0ZH-9>H:BVXIV7,NV1,L-'(*7+)27QHT8Y)8A\^.Z-SWS:JBK)4@ MR@PI9JII#68*RBD>`Y%/_R3>&7DB/A_+V)WR,`JM8-;@LX,YOQS@H)P2E-." ME)HUEF5,SB=CGR>G].`C[!B(%<+9Y%;DMJL5A"IR.=DH%;[&R[SHE9Z&\XCL MV%0*#3-7P/6#S5)OV0=QW#(LSCQOKT>^ZBH5$6L-;\Y MW7+WE+,L+669SZ$V?L;/1OYTA-F0A+`5RFBFO76'3RTA]K%1J=K,&1NI2K6[ MFE+F2\9-!SU7''9RGPN8SJ&Q0U:I_A2JR>7B#4 MQV[]4]S2.UPG^W1!&68NQ7ZR\8;\O4MQG_K5A&Y99CNJE=)/[IUPX4NF2Z<( M,J//J5NOI;D3[>85U$9@1ZE2BLD?@5^OEK4P,*R1M:GMZ%2*(?/06:^'=7[$ M8)Y$"_+8D:O41.;^R&$]V6QG9DJ)]:QN.RCE>PP,!US6#YORH12GW%"$HBZU M'9D:AUJ,!UW68-4+O^$1M1RK'<;YOT"QP_C_^_B2_\GKW.[(`*EKX`[DG61' MK9#*:_Y::=M(D,%1:S+V'7UAV!_@V<8D\#6%E&RY!4X-BG(P4KU:!!9N14KE MECH0HE[0POZ[K6W7`B(:2?;;G!HD]<"2T'X#CWW<7]1C8"'^-W2U*^6_I8\P M]!;UL31:OY&GIU,M;^DO3)M%_2W.M&_D[EFF).]M>A]?>WHA7_J]?&G?(?@M MJ[VL<@&@[8+&Y&K)+G>5*`N+_.9H/D$SG#"B./_.!,F>OJM]XY:=-O9&P3/PIUBS,5M8PU;KM__,;%(VQ&TC-^+67> M4:O22GU?GC`X:D5"7MZ@KF4]@%6&K87)?(UT5S^Y.O"HY9$^A=9DP4SZ M`LY@XR->+B$CD*0ID;AY\(]_F0NL?,4[=9I^/2,&)G M4ZZHE_K,P3D6C'B7[(ZH$WF0TD4O]P*S$+N)48FK]0LSS6OK4OPK<#BJDIBX?0%G/;&T+ZPM0E%J"2]WE)8R%Q" MO/!"\*"'?7(S,+V8U/;7IE[5)7'>H^RE[C/O9747$/F<,ITQ,L6*>J67;3G68-&>LQ.I3;VRWN9^ M`V>86?#P\F-//IVK-Q3I"+Q"PE\@*I_ESYJS"Y9[()%Z5&I9*#)+25G1Z%R3 M2/W8/(H$[<<*[GO>TV\GU.O-])V:CL1"'*OZ``8GIA>FEUPQ^UR3?%4=EJ=S ME-YCW^?/4N,-DT*L,G#HTZT=1.C!O)VY%XV5"ON*T=#C_6)@7M;<6NJ*QFV6Q]$PF+;9] M\9*\*QJ)J^@7'%`_XNR*!'TBLF)EM7W9A-GC`4R]UYO:Q9!4!23$,'?CHK7F MKO]M[C'LFMP1-=EK[GIO@T\QB_`IEPFXQZN#8G;W M>QM^=W6BT.!3;5L+$+8.)6RMC8JZJ M5;33U/'>QN;_)$]I`3#UO+>Y,,6['+,3+@1_ALU490$P]ZZ`V;_)D[(LDB5U M>6-2Q?!9_2M@>I>SH2Z-&0)NZ'QOHVU_/?(81`KL9N7V>K0X_:1=6OJ50B3S MI[>=MS7^:EK9Z:79WS$.A^WD5`5\_"]02P$"'@,4````"``2,*Y&8+Q:GN5H M``#$3@4`$``8```````!````I($`````>'!L+3(P,34P,S,Q+GAM;%54!0`# M1')4575X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!(PKD:#DRT"KPP``)>0 M```4`!@```````$```"D@2]I``!X<&PM,C`Q-3`S,S%?8V%L+GAM;%54!0`# M1')4575X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!(PKD9ZQM7@-Q```,W@ M```4`!@```````$```"D@2QV``!X<&PM,C`Q-3`S,S%?9&5F+GAM;%54!0`# M1')4575X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!(PKD;@FFEJIC,``!;, M`@`4`!@```````$```"D@;&&``!X<&PM,C`Q-3`S,S%?;&%B+GAM;%54!0`# M1')4575X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!(PKD:VT2C#[R4``-)? M`@`4`!@```````$```"D@:6Z``!X<&PM,C`Q-3`S,S%?<')E+GAM;%54!0`# M1')4575X"P`!!"4.```$.0$``%!+`0(>`Q0````(`!(PKD;<16.FWPL``-AX M```0`!@```````$```"D@>+@``!X<&PM,C`Q-3`S,S$N>'-D550%``-$ XML 35 R35.htm IDEA: XBRL DOCUMENT v2.4.1.9

Short Term Debt - Summary of Short Term Debt (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

RMB Loan Borrowing

Beginning balance December 31, 2014 $ 5,000

Amortization of discount to interest cost

Ending balance March 31, 2015 5,000

RMB Warrant Discount

Beginning balance December 31, 2014 (139)

Amortization of discount to interest cost 54

Ending balance March 31, 2015 (85)

RMB Long Term Debt

Beginning balance December 31, 2014 4,861

Amortization of discount to interest cost 54

Ending balance March 31, 2015 $ 4,915

X

- Definition

Amount of noncash expense included in interest expense to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include noncash interest expense.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_AmortizationOfFinancingCostsAndDiscounts

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ShortTermDebtBeginningBalance

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ShortTermDebtEndingBalance

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_ShortTermDebtTypeAxis=XPL_RMBLoanBorrowingMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_ShortTermDebtTypeAxis=XPL_RMBLongTermDebtMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_ShortTermDebtTypeAxis=XPL_RMBWarrantDiscountMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 36 R22.htm IDEA: XBRL DOCUMENT v2.4.1.9

Short Term Debt (Tables)
3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Summary of Short Term Debt

RMB RMB RMB

 (in thousands) Loan borrowing Warrant discount
Long-term

Debt

 Beginning balance December 31, 2014 $ 5,000 $(139) $4,861

 Amortization of discount to interest cost - 54 54

 Ending balance March 31, 2015 $5,000 $(85) 4,915

Short Term Debt Interest

(in thousands)
Three months ended

March 31,

2015 2014

RMB Loan interest

 Interest paid in cash $ 66 $ 46

 Amortization of the RMB Warrants discount 54 54

 Amortization of RMB deferred financing costs 49 49

 Total interest expense related to the RMB Loan 169 149

UBS secured credit line - 4

 Total $169 $153

X

- Details

Name: us-gaap_DebtDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_ScheduleOfShortTermDebtTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_InterestIncomeAndExpenseDisclosureTableTextBlock

Namespace Prefix: XPL_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 37 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9

Short Term Debt - Short Term Debt Interest (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Interest paid in cash

Amortization of the RMB Warrants discount

Amortization of RMB deferred financing costs

Total interest expense 169us-gaap_InterestExpenseDebt 153us-gaap_InterestExpenseDebt

RMB Interest

Interest paid in cash 46

Amortization of the RMB Warrants discount 54

Amortization of RMB deferred financing costs 49

Total interest expense

UBS Interest

Interest paid in cash 4

Amortization of the RMB Warrants discount

Amortization of RMB deferred financing costs

Total interest expense

RMB Interest

Interest paid in cash 66

Amortization of the RMB Warrants discount 54

Amortization of RMB deferred financing costs 49

Total interest expense

UBS Interest

Interest paid in cash

Amortization of the RMB Warrants discount

Amortization of RMB deferred financing costs

Total interest expense

X

- Definition

Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.8)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_AmortizationOfDebtDiscountPremium

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The amount of amortization of deferred charges applied against earnings during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.3)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_AmortizationOfDeferredCharges

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of the required periodic payments including both interest and principal payments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 470

-Section 50

-Paragraph 3

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

+ Details

Name: us-gaap_DebtInstrumentPeriodicPayment

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of the cost of borrowed funds accounted for as interest expense for debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.8)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_InterestExpenseDebt

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Details

Name: us-gaap_DebtInstrumentAxis=XPL_RMBInterestMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_DebtInstrumentAxis=XPL_UBSInterestMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_ShortTermDebtTypeAxis=XPL_RMBInterestMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_ShortTermDebtTypeAxis=XPL_UBSInterestMember

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 38 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9

Fair Value (Tables)
3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Financial Assets and Liabilities

(in thousands) Level 1 Level 2 Level 3 Total

Assets

 Marketable equity securities $1,710 $ - $- $1,710

Liabilities

 RMB warrants - 6 - 6

 Kinross calls 2 2

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2014:

(in thousands) Level 1 Level 2 Level 3 Total

Assets

 Marketable equity securities $2,308 $ - $ - $2,308

Liabilities

 RMB warrants - 55 - 55

X

- Definition

Tabular disclosure of the inputs and valuation techniques used to measure fair value, and a discussion of changes in valuation techniques and related inputs, if any, applied during the period to each separate class of assets, liabilities, and financial instruments classified in shareholders' equity that are measured on a recurring and/or nonrecurring basis.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (bbb)

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

+ Details

Name: us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 39 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 40 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9

Business and Significant Accounting Policies
3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Business and Significant Accounting Policies

1. Business and Significant Accounting Policies

Business and company formation

Solitario Exploration & Royalty Corp. (“Solitario” or the “Company”) is a development stage company at March 31, 2015 under Industry Guide 7, as issued by the United States Securities and Exchange Commission (“SEC”), with a current focus on the Mt. Hamilton gold project located in Nevada. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the "TSX") through its Initial Public Offering. Solitario has been actively involved in mineral exploration since 1993. In December 2010 Solitario signed the Limited Liability Company Operating Agreement of Mt. Hamilton LLC (the “MH Agreement”) with DHI Minerals (U.S.) Ltd., (“DHI”) and formed Mt. Hamilton LLC (“MH-LLC”), the owner of the Mt. Hamilton project. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (“Ely”). Solitario may either develop the Mt. Hamilton project or otherwise enter into an arrangement to monetize its interest in the project through a sale of all or a part of that interest or other joint venture type of arrangement. However, Solitario has never developed a mineral property and the development of the Mt. Hamilton project would require a significant amount of outside capital.

In addition Solitario focuses on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. Solitario acquires and holds a portfolio of exploration properties for future sale or joint venture or to create a royalty prior to the establishment of proven and probable reserves. Solitario has recorded revenue in the past from the sale of mineral property and joint venture property payments and the sale of a royalty on its Mt. Hamilton property. Revenues from the sale or joint venture of properties have not been a significant source of revenue and would occur, if at all, on an infrequent basis in the future.

The accompanying interim condensed consolidated financial statements of Solitario for the three March 31, 2015 and 2014 are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America. They do not include all disclosures required by generally accepted accounting principles for annual financial statements, but in the opinion of management, include all adjustments, consisting only of normal recurring items, necessary for a fair presentation. Interim results are not necessarily indicative of results, which may be achieved in the future or for the full year ending December 31, 2015.

These financial statements should be read in conjunction with the financial statements and notes thereto which are included in Solitario’s Annual Report on Form 10-K for the year ended December 31, 2015. The accounting policies set forth in those annual financial statements are the same as the accounting policies utilized in the preparation of these financial statements, except as modified for appropriate interim financial statement presentation.

Basis of Presentation

The accompanying financial statements have been prepared assuming Solitario will continue as a going concern. As of March 31, 2015 Solitario has a working capital deficit of $3,200,000. As explained in more detail in Note 4, “Short-term Debt,” Solitario entered into a facility agreement (the “Facility Agreement”) with RMB Australia Holdings Limited (“RMBAH”) and RMB Resources, Inc., a Delaware corporation (“RMBR”) whereby Solitario has borrowed $5,000,000 from RMBAH (with any amounts outstanding collectively being the “RMB Loan”). The RMB Loan is due on August 20, 2015. Solitario currently does not have sufficient liquidity to repay the RMB Loan when due raising substantial doubt about its ability to continue as a going concern. Management is currently in discussions to refinance the RMB Loan or raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that Solitario will be able to refinance the RMB Loan or raise sufficient funds on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, Solitario will be in default if it is unable to repay the RMB Loan when it is due on August 20, 2015. Should Solitario be in default, RMBAH has, among other rights, the right to foreclose on its security interest in certain assets of Solitario to satisfy its obligation.

Financial reporting

The consolidated financial statements include the accounts of Solitario and its wholly-owned subsidiaries, controlled non-wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), and are expressed in US dollars.

Revenue recognition

Solitario records delay rental payments as revenue in the period received. Any payments received for the sale of property interests are recorded as a reduction of the related property's capitalized cost. Proceeds which exceed the capitalized cost of the property without reserves are recognized as revenue. Payments received on the sale of properties with reserves are recognized as revenue to the extent the proceeds exceed the proportionate basis in the assets sold. Gain on the sale of a mineral property revenue stream is deferred to the extent there is a guarantee for the future revenue stream until such time as the potential funding obligation for the guarantee is reduced or released.

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of mineral properties, with significant emphasis on Mt. Hamilton and the recoverability of its investment as well as the recoverability of mineral exploration properties and their future exploration potential; (ii) the fair value of Solitario's stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; (iv) the current portion of Solitario's investment in marketable equity securities; (v) the fair value of Solitario’s liability for warrants Solitario issued to RMBAH upon entering into the Facility Agreement

In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable ore reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.

Cash equivalents

Cash equivalents include investments in highly liquid money-market securities with original maturities of three months or less when purchased. As of March 31, 2015 and December 31, 2014 Solitario had concentrations of cash and cash equivalents in excess of federally insured amounts and cash in foreign banks, which are not covered under the federal deposit insurance rules for the United States.

Mineral properties



Solitario expenses all exploration costs incurred on its mineral properties prior to the establishment of proven and probable reserves through the completion of a feasibility study. Initial acquisition costs of its mineral properties are capitalized. Solitario began capitalizing all of its development expenditures on its Mt. Hamilton project, subsequent to the completion of a feasibility study in 2012. Solitario regularly performs evaluations of its investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable, utilizing established guidelines based upon undiscounted future net cash flows from the asset or upon the determination that certain exploration properties do not have sufficient potential for economic mineralization.

Derivative instruments

Solitario accounts for its derivative instruments in accordance with ASC 815 "Accounting for Derivative Instruments and Hedging Activities" (“ASC 815”). Solitario has not designated its covered calls as hedging instruments and any changes in the fair value of the covered calls and the RMB Warrants are recognized in the statement of operations in the period of the change.

Fair value

FASB ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”) establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. For certain of Solitario's financial instruments, including cash and cash equivalents, short-term margin loans and accounts payable, the carrying amounts approximate fair value due to their short-term maturities. Solitario's marketable equity securities and the Kinross Gold Corporation (“Kinross”) calls are carried at their estimated fair value based on quoted market prices. See Note 7, “Fair Value” below.

Marketable equity securities

Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. Solitario records investments in marketable equity securities as available-for-sale for investments in publicly traded marketable equity securities for which it does not exercise significant control and where Solitario has no representation on the Board of those companies and exercises no control over the management of those companies. The cost of marketable equity securities sold is determined by the specific identification method. Changes fair values are recorded in accumulated other comprehensive income within shareholders' equity, unless a decline in fair value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statements of operations.

Foreign exchange

The United States dollar is the functional currency for all of Solitario's foreign subsidiaries. Although Solitario's South American exploration activities have been conducted primarily in Brazil, Peru and Mexico, a portion of the payments under the land, leasehold and exploration agreements of Solitario are denominated in United States dollars. Foreign currency gains and losses are included in the results of operations in the period in which they occur.

Income taxes

Solitario accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes.” Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Accounting for uncertainty in income taxes

ASC 740 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 provides that a company's tax position will be considered settled if the taxing authority has completed its examination, the company does not plan to appeal, and it is remote that the taxing authority would reexamine the tax position in the future. These provisions of ASC 740 had no effect on Solitario's financial position or results of operations. See Note 8, “Income Taxes” below.

Earnings per share

The calculation of basic and diluted loss per share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2015 and 2014. Potentially dilutive shares related to outstanding common stock options of 3,748,000 and 2,022,000 for the three months March 31, 2015 and 2014, respectively, and warrants issued to RMBAH to acquire 1,624,748 shares of common stock for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted loss per share because the effects were anti-dilutive.

Employee stock compensation and incentive plans

Solitario classifies all of its stock options as equity options in accordance with the provisions of ASC 718 “Compensation – Stock Compensation”

Recent accounting pronouncements

In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements—Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. The standard requires an entity's management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued. Public entities are required to apply the standard for annual reporting periods ending after December 15, 2016, and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to impact the Company’s consolidated financial position, results of operations, or cash flows. If any event occurs in future periods that could affect the Company’s ability to continue as going concern, the Company will provide appropriate disclosures as required by ASU 2014-15.

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the business description and accounting policies concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Accounting policies describe all significant accounting policies of the reporting entity.

+ References

No definition available.

+ Details

Name: us-gaap_BusinessDescriptionAndAccountingPoliciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 41 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9

Consolidated Balance Sheets (Parenthetical) (USD $)

Mar. 31, 2015

Dec. 31, 2014

Preferred stock

Preferred stock, par value $ 0.01 $ 0.01

Preferred stock, shares authorized 10,000,000us-gaap_PreferredStockSharesAuthorized 10,000,000us-gaap_PreferredStockSharesAuthorized

Common stock

Common stock, par value $ 0.01 $ 0.01

Common stock, shares authorized 100,000,000us-gaap_CommonStockSharesAuthorized 100,000,000us-gaap_CommonStockSharesAuthorized

Common stock, shares issued 39,247,689us-gaap_CommonStockSharesIssued 39,247,689us-gaap_CommonStockSharesIssued

Common stock, shares outstanding 39,247,689us-gaap_CommonStockSharesOutstanding 39,247,689us-gaap_CommonStockSharesOutstanding

X

- Details

Name: us-gaap_CommonStockNumberOfSharesParValueAndOtherDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Face amount or stated value per share of common stock.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of common shares permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesIssued

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 30

-Article 5

+ Details

Name: us-gaap_CommonStockSharesOutstanding

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Details

Name: us-gaap_PreferredStockNumberOfSharesParValueAndOtherDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29

-Article 5

+ Details

Name: us-gaap_PreferredStockParOrStatedValuePerShare

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: instant

X

- Definition

The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29

-Article 5

+ Details

Name: us-gaap_PreferredStockSharesAuthorized

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

XML 42 R17.htm IDEA: XBRL DOCUMENT v2.4.1.9

Segment Reporting
3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Reporting

11. Segment Reporting

Solitario operates in two segments, (i) mineral exploration and (ii) mining development and operations. Solitario is capitalizing Mt. Hamilton development and operations costs subsequent to February 22, 2012, as detailed above in Note 2, “Mineral properties.” The following summarizes Solitario segment activity for the three months ended March 31, 2015 and 2014:

(in thousands) Three months ended March 31, 2015

Mt Hamilton Exploration Corporate and Other Consolidated

Exploration expense $ - $ 25 $ - $ 25

Interest expense (1) - - - -

Other - 10 416 426

Pre-tax loss $ - $35 $ 416 $451

Total assets (2) $16,257 $54 $1,856 $18,167

Capital Expenditures $ 327 $ - $ - $ 327

(1) Interest cost of $169 and depreciation of $2 have been capitalized to Mt. Hamilton mineral properties.

(2) Corporate and other total assets include investment in marketable equity securities of $1,710.

(in thousands) Three months ended March 31, 2014

Mt Hamilton Exploration Corporate and Other Consolidated

Exploration expense $ - $ 48 $ - $ 48

Interest expense (4) - - - -

Other (3) - 135 452 587

Pre-tax loss $ - $183 $ 452 $635

Total assets (5)(6) $15,009 $346 $4,715 $20,070

Capital Expenditures (4) $ 646 $ - $ - $ 646

(3) Exploration other includes loss on unconsolidated subsidiary of $125.

(4) Interest cost of $153 and depreciation of $8 have been capitalized to Mt. Hamilton mineral properties.

(5) Exploration total assets include investment in unconsolidated subsidiary of $28.

(6) Corporate and other total assets include investment in marketable equity securities of $4,210.

X

- Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 29

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 32

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 26

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 34

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 35

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 42

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 31

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 41

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 33

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599

+ Details

Name: us-gaap_SegmentReportingDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 43 R1.htm IDEA: XBRL DOCUMENT v2.4.1.9

Document and Entity Information
3 Months Ended

Mar. 31, 2015

May 15, 2015

Document And Entity Information

Entity Registrant Name Solitario Exploration & Royalty Corp.

Entity Central Index Key 0000917225

Document Type 10-Q

Document Period End Date Mar. 31, 2015

Amendment Flag false

Current Fiscal Year End Date --12-31

Is Entity a Well-known Seasoned Issuer? No

Is Entity a Voluntary Filer? No

Is Entity's Reporting Status Current? Yes

Entity Filer Category Smaller Reporting Company

Entity Common Stock, Shares Outstanding 39,247,689dei_EntityCommonStockSharesOutstanding

Document Fiscal Period Focus Q1

Document Fiscal Year Focus 2015

X

- Definition

If the value is true, then the document is an amendment to previously-filed/accepted document.

+ References

No definition available.

+ Details

Name: dei_AmendmentFlag

Namespace Prefix: dei_

Data Type: xbrli:booleanItemType

Balance Type: na

Period Type: duration

X

- Definition

End date of current fiscal year in the format --MM-DD.

+ References

No definition available.

+ Details

Name: dei_CurrentFiscalYearEndDate

Namespace Prefix: dei_

Data Type: xbrli:gMonthDayItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalPeriodFocus

Namespace Prefix: dei_

Data Type: dei:fiscalPeriodItemType

Balance Type: na

Period Type: duration

X

- Definition

This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.

+ References

No definition available.

+ Details

Name: dei_DocumentFiscalYearFocus

Namespace Prefix: dei_

Data Type: xbrli:gYearItemType

Balance Type: na

Period Type: duration

X

- Definition

The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.

+ References

No definition available.

+ Details

Name: dei_DocumentPeriodEndDate

Namespace Prefix: dei_

Data Type: xbrli:dateItemType

Balance Type: na

Period Type: duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other".

+ References

No definition available.

+ Details

Name: dei_DocumentType

Namespace Prefix: dei_

Data Type: dei:submissionTypeItemType

Balance Type: na

Period Type: duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityCentralIndexKey

Namespace Prefix: dei_

Data Type: dei:centralIndexKeyItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.

+ References

No definition available.

+ Details

Name: dei_EntityCommonStockSharesOutstanding

Namespace Prefix: dei_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: instant

X

- Definition

Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityCurrentReportingStatus

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.

+ References

No definition available.

+ Details

Name: dei_EntityFilerCategory

Namespace Prefix: dei_

Data Type: dei:filerCategoryItemType

Balance Type: na

Period Type: duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation 12B

-Number 240

-Section 12b

-Subsection 1

+ Details

Name: dei_EntityRegistrantName

Namespace Prefix: dei_

Data Type: xbrli:normalizedStringItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

+ References

No definition available.

+ Details

Name: dei_EntityVoluntaryFilers

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Definition

Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.

+ References

No definition available.

+ Details

Name: dei_EntityWellKnownSeasonedIssuer

Namespace Prefix: dei_

Data Type: dei:yesNoItemType

Balance Type: na

Period Type: duration

X

- Details

Name: XPL_DocumentAndEntityInformationAbstract

Namespace Prefix: XPL_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 44 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9

Business and Significant Accounting Policies (Policies)
3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

1. Business and Significant Accounting Policies
1. Business and Significant Accounting Policies

Business and company formation

Solitario Exploration & Royalty Corp. (“Solitario” or the “Company”) is a development stage company at March 31, 2015 under Industry Guide 7, as issued by the United States Securities and Exchange Commission (“SEC”), with a current focus on the Mt. Hamilton gold project located in Nevada. Solitario was incorporated in the state of Colorado on November 15, 1984 as a wholly-owned subsidiary of Crown Resources Corporation ("Crown"). In July 1994, Solitario became a publicly traded company on the Toronto Stock Exchange (the "TSX") through its Initial Public Offering. Solitario has been actively involved in mineral exploration since 1993. In December 2010 Solitario signed the Limited Liability Company Operating Agreement of Mt. Hamilton LLC (the “MH Agreement”) with DHI Minerals (U.S.) Ltd., (“DHI”) and formed Mt. Hamilton LLC (“MH-LLC”), the owner of the Mt. Hamilton project. DHI is a wholly-owned subsidiary of Ely Gold and Minerals, Inc. (“Ely”). Solitario may either develop the Mt. Hamilton project or otherwise enter into an arrangement to monetize its interest in the project through a sale of all or a part of that interest or other joint venture type of arrangement. However, Solitario has never developed a mineral property and the development of the Mt. Hamilton project would require a significant amount of outside capital.

In addition Solitario focuses on the acquisition of precious and base metal properties with exploration potential and the development or purchase of royalty interests. Solitario acquires and holds a portfolio of exploration properties for future sale or joint venture or to create a royalty prior to the establishment of proven and probable reserves. Solitario has recorded revenue in the past from the sale of mineral property and joint venture property payments and the sale of a royalty on its Mt. Hamilton property. Revenues from the sale or joint venture of properties have not been a significant source of revenue and would occur, if at all, on an infrequent basis in the future.

The accompanying interim condensed consolidated financial statements of Solitario for the three March 31, 2015 and 2014 are unaudited and are prepared in accordance with accounting principles generally accepted in the United States of America. They do not include all disclosures required by generally accepted accounting principles for annual financial statements, but in the opinion of management, include all adjustments, consisting only of normal recurring items, necessary for a fair presentation. Interim results are not necessarily indicative of results, which may be achieved in the future or for the full year ending December 31, 2015.

These financial statements should be read in conjunction with the financial statements and notes thereto which are included in Solitario’s Annual Report on Form 10-K for the year ended December 31, 2015. The accounting policies set forth in those annual financial statements are the same as the accounting policies utilized in the preparation of these financial statements, except as modified for appropriate interim financial statement presentation.

Basis of Presentation

The accompanying financial statements have been prepared assuming Solitario will continue as a going concern. As of March 31, 2015 Solitario has a working capital deficit of $3,200,000. As explained in more detail in Note 4, “Short-term Debt,” Solitario entered into a facility agreement (the “Facility Agreement”) with RMB Australia Holdings Limited (“RMBAH”) and RMB Resources, Inc., a Delaware corporation (“RMBR”) whereby Solitario has borrowed $5,000,000 from RMBAH (with any amounts outstanding collectively being the “RMB Loan”). The RMB Loan is due on August 20, 2015. Solitario currently does not have sufficient liquidity to repay the RMB Loan when due raising substantial doubt about its ability to continue as a going concern. Management is currently in discussions to refinance the RMB Loan or raise additional funds from the sale of common shares, additional borrowing or the sale of assets to facilitate the repayment of the RMB Loan. There is no assurance that Solitario will be able to refinance the RMB Loan or raise sufficient funds on acceptable terms. The accompanying financial statements do not include any adjustments that might result from the outcome of this uncertainty. Under the terms of the RMB Loan, Solitario will be in default if it is unable to repay the RMB Loan when it is due on August 20, 2015. Should Solitario be in default, RMBAH has, among other rights, the right to foreclose on its security interest in certain assets of Solitario to satisfy its obligation.

Financial reporting

The consolidated financial statements include the accounts of Solitario and its wholly-owned subsidiaries, controlled non-wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. The consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America ("generally accepted accounting principles"), and are expressed in US dollars.

Revenue recognition

Solitario records delay rental payments as revenue in the period received. Any payments received for the sale of property interests are recorded as a reduction of the related property's capitalized cost. Proceeds which exceed the capitalized cost of the property without reserves are recognized as revenue. Payments received on the sale of properties with reserves are recognized as revenue to the extent the proceeds exceed the proportionate basis in the assets sold. Gain on the sale of a mineral property revenue stream is deferred to the extent there is a guarantee for the future revenue stream until such time as the potential funding obligation for the guarantee is reduced or released.

Use of estimates

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of mineral properties, with significant emphasis on Mt. Hamilton and the recoverability of its investment as well as the recoverability of mineral exploration properties and their future exploration potential; (ii) the fair value of Solitario's stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; (iv) the current portion of Solitario's investment in marketable equity securities; (v) the fair value of Solitario’s liability for warrants Solitario issued to RMBAH upon entering into the Facility Agreement

In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable ore reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.

Cash equivalents

Cash equivalents include investments in highly liquid money-market securities with original maturities of three months or less when purchased. As of March 31, 2015 and December 31, 2014 Solitario had concentrations of cash and cash equivalents in excess of federally insured amounts and cash in foreign banks, which are not covered under the federal deposit insurance rules for the United States.

Mineral properties



Solitario expenses all exploration costs incurred on its mineral properties prior to the establishment of proven and probable reserves through the completion of a feasibility study. Initial acquisition costs of its mineral properties are capitalized. Solitario began capitalizing all of its development expenditures on its Mt. Hamilton project, subsequent to the completion of a feasibility study in 2012. Solitario regularly performs evaluations of its investment in mineral properties to assess the recoverability and/or the residual value of its investments in these assets. All long-lived assets are reviewed for impairment whenever events or circumstances change which indicate the carrying amount of an asset may not be recoverable, utilizing established guidelines based upon undiscounted future net cash flows from the asset or upon the determination that certain exploration properties do not have sufficient potential for economic mineralization.

Derivative instruments

Solitario accounts for its derivative instruments in accordance with ASC 815 "Accounting for Derivative Instruments and Hedging Activities" (“ASC 815”). Solitario has not designated its covered calls as hedging instruments and any changes in the fair value of the covered calls and the RMB Warrants are recognized in the statement of operations in the period of the change.

Fair value

FASB ASC 820, “Fair Value Measurements and Disclosures” (“ASC 820”) establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. For certain of Solitario's financial instruments, including cash and cash equivalents, short-term margin loans and accounts payable, the carrying amounts approximate fair value due to their short-term maturities. Solitario's marketable equity securities and the Kinross Gold Corporation (“Kinross”) calls are carried at their estimated fair value based on quoted market prices. See Note 7, “Fair Value” below.

Marketable equity securities

Solitario's investments in marketable equity securities are classified as available-for-sale and are carried at fair value, which is based upon quoted prices of the securities owned. Solitario records investments in marketable equity securities as available-for-sale for investments in publicly traded marketable equity securities for which it does not exercise significant control and where Solitario has no representation on the Board of those companies and exercises no control over the management of those companies. The cost of marketable equity securities sold is determined by the specific identification method. Changes fair values are recorded in accumulated other comprehensive income within shareholders' equity, unless a decline in fair value is considered other than temporary, in which case the decline is recognized as a loss in the consolidated statements of operations.

Foreign exchange

The United States dollar is the functional currency for all of Solitario's foreign subsidiaries. Although Solitario's South American exploration activities have been conducted primarily in Brazil, Peru and Mexico, a portion of the payments under the land, leasehold and exploration agreements of Solitario are denominated in United States dollars. Foreign currency gains and losses are included in the results of operations in the period in which they occur.

Income taxes

Solitario accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes.” Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

Accounting for uncertainty in income taxes

ASC 740 clarifies the accounting for uncertainty in income taxes recognized in a company's financial statements. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. ASC 740 provides that a company's tax position will be considered settled if the taxing authority has completed its examination, the company does not plan to appeal, and it is remote that the taxing authority would reexamine the tax position in the future. These provisions of ASC 740 had no effect on Solitario's financial position or results of operations. See Note 8, “Income Taxes” below.

Earnings per share

The calculation of basic and diluted loss per share is based on the weighted average number of shares of common stock outstanding during the three months ended March 31, 2015 and 2014. Potentially dilutive shares related to outstanding common stock options of 3,748,000 and 2,022,000 for the three months March 31, 2015 and 2014, respectively, and warrants issued to RMBAH to acquire 1,624,748 shares of common stock for the three months ended March 31, 2015 and 2014 were excluded from the calculation of diluted loss per share because the effects were anti-dilutive.

Employee stock compensation and incentive plans

Solitario classifies all of its stock options as equity options in accordance with the provisions of ASC 718 “Compensation – Stock Compensation”

Recent accounting pronouncements

In August 2014, the FASB issued ASU 2014-15, “Presentation of Financial Statements—Going Concern: Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern”. The standard requires an entity's management to evaluate whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year after the date that the financial statements are issued. Public entities are required to apply the standard for annual reporting periods ending after December 15, 2016, and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to impact the Company’s consolidated financial position, results of operations, or cash flows. If any event occurs in future periods that could affect the Company’s ability to continue as going concern, the Company will provide appropriate disclosures as required by ASU 2014-15.

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the general note to the financial statements for the reporting entity which may include, descriptions of the basis of presentation, business description, significant accounting policies, consolidations, reclassifications, new pronouncements not yet adopted and changes in accounting principles.

+ References

No definition available.

+ Details

Name: us-gaap_OrganizationConsolidationBasisOfPresentationBusinessDescriptionAndAccountingPoliciesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 45 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9

Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Costs, expenses and other:

Exploration expense $ 25us-gaap_ExplorationExpenseMining $ 48us-gaap_ExplorationExpenseMining

Depreciation and amortization 3us-gaap_DepreciationAndAmortization 3us-gaap_DepreciationAndAmortization

General and administrative 554us-gaap_GeneralAndAdministrativeExpense 531us-gaap_GeneralAndAdministrativeExpense

Gain on derivative instruments (82) (32)

Total costs, expenses and other 500us-gaap_OtherCostAndExpenseOperating 550us-gaap_OtherCostAndExpenseOperating

Other income (expense)

Gain on sale of marketable equity securities 300us-gaap_MarketableSecuritiesGainLoss

Gain (loss) on warrant liability 49 (260)

Net loss of equity method investment (125)

Total other income (expense) 49us-gaap_OtherIncome (85)us-gaap_OtherIncome

Loss before income tax (451) (635)

Income tax benefit 100us-gaap_IncomeTaxExpenseBenefit

Net loss (451)us-gaap_NetIncomeLoss (535)us-gaap_NetIncomeLoss

Less net loss attributable to noncontrolling interest 1 3

Net loss attributable to Solitario shareholders $ (450) $ (532)

Basic and diluted $ (0.01)us-gaap_EarningsPerShareBasicAndDiluted $ (0.01)us-gaap_EarningsPerShareBasicAndDiluted

Basic and diluted 39,248 38,130

X

- Details

Name: us-gaap_CostsAndExpensesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

+ Details

Name: us-gaap_DepreciationAndAmortization

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The portion of gains and losses (net) on derivative instruments designated and qualifying as hedging instruments representing (a) the amount of the hedge ineffectiveness and (b) the amount, if any, excluded from the assessment of hedge effectiveness.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 25

-Section 50

-Paragraph 1

-Subparagraph (a)(1),(2)

-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

+ Details

Name: us-gaap_DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of realized and unrealized gain (loss) of derivative instruments not designated or qualifying as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-Subparagraph (e)

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

+ Details

Name: us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

+ References

No definition available.

+ Details

Name: us-gaap_EarningsPerShareBasicAndDiluted

Namespace Prefix: us-gaap_

Data Type: num:perShareItemType

Balance Type: na

Period Type: duration

X

- Definition

Exploration expenses (including prospecting) related to the mining industry would be included in operating expenses. Exploration costs include costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of mineral reserves.

+ References

No definition available.

+ Details

Name: us-gaap_ExplorationExpenseMining

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.4)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_GeneralAndAdministrativeExpense

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount of Income (Loss) attributable to the noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.19)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_IncomeLossAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

The portion of earnings or loss from continuing operations before income taxes that is attributable to domestic operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h)(1)(i))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Name: us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 9

-Article 5

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35755396&loc=d3e33749-111570

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.12)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 11

-Article 7

+ Details

Name: us-gaap_IncomeLossFromEquityMethodInvestments

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Income Tax Expense (or Benefit)

-URI http://asc.fasb.org/extlink&oid=6515339

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name: us-gaap_IncomeTaxExpenseBenefit

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain (loss) of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any losses recognized for other than temporary impairments (OTTI) of the subject investments in debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.7(c))

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (a),(c)-(e)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

+ Details

Name: us-gaap_MarketableSecuritiesGainLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=51831270

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=51831255

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.19)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.18)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.22)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 19

-Article 5

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 20

-Article 9

+ Details

Name: us-gaap_NetIncomeLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.3)

-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name: us-gaap_OtherCostAndExpenseOperating

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Reflects the sum of all other revenue and income recognized by the entity in the period not otherwise specified in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-04.4)

-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

+ Details

Name: us-gaap_OtherIncome

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_OtherIncomeAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS).

+ References

No definition available.

+ Details

Name: us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_NetLossAttributableToSolitarioStockholders

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 46 R12.htm IDEA: XBRL DOCUMENT v2.4.1.9

Derivative Instruments
3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

6. Derivative instruments

RMB Warrants

In August 2012, pursuant to the Facility Agreement, the Company issued 1,624,748 warrants to RMBAH (the “RMB Warrants”) as partial consideration for financing services provided in connection with the Facility Agreement. Each RMB Warrant entitles the holder to purchase one share of Solitario common stock pursuant to the terms and conditions of the RMB Warrants. The RMB Warrants expire 36 months from their date of issuance and have an exercise price of $1.5387 per share, subject to customary anti-dilution adjustments. Solitario recorded a warrant discount, which it is amortizing on a straight-line basis. See Note 5, short-term debt, above.

Solitario has recorded a liability as of March 31, 2015 and December 31, 2014 of $6,000 and $55,000, respectively, for the fair value of the RMB Warrants based upon a Black-Scholes model. Solitario adjusts the fair value of the warrants at each balance sheet date, with changes in value recorded in other income (loss) in the statement of operations. Solitario recorded a gain on the RMB Warrants of $49,000 during the three months ended March 31, 2015 and a loss on the RMB Warrants of $260,000 during the three months ended March 31, 2014.

Covered Call Options

From time to time Solitario has sold covered call options against its holdings of Kinross. The business purpose of selling covered calls is to provide additional liquidity on a limited portion of shares of Kinross that Solitario may sell in the near term, which is generally defined as less than one year. Solitario has not designated its covered calls as hedging instruments and records gains or loss on the covered call in the period of the change.

Solitario recorded the following gain loss on derivative instruments related to Kinross calls:

(in thousands)
Three months ended

March 31,

2015 2014

Shares of Kinross 180 130

 Proceeds from sale of call $ 84 $ 36

 Gain on derivative instrument 82 29

 Ending liability balance $ 2 $ 7

X

- Details

Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4J

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5708773-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 25

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4A

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5618551-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4H

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624258-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80748-113994

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4K

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5708775-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(n))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4E

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624181-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80784-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4D

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624177-113959

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1B

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5580258-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 30

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 16: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4B

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

Reference 18: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579240-113959

Reference 19: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41641-113959

+ Details

Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 47 R11.htm IDEA: XBRL DOCUMENT v2.4.1.9

Short Term Debt
3 Months Ended

Mar. 31, 2015

Short-term Debt, Other Disclosures [Abstract]

Short Term Debt

5. Short-term Debt

RMB Facility Agreement

On August 10, 2012, Solitario entered into the Facility Agreement and has borrowed $5,000,000 from RMBAH under the RMB Loan. In connection with the Facility Agreement, Solitario recorded a warrant discount related to the RMB Warrants (defined below). Solitario also recorded deferred offering costs related to the RMB Loan. The warrant discount and deferred offering costs are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. The RMB Loan amounts bear interest at the 90-day LIBOR rate plus 5%, payable in arrears on the last day of each quarterly interest period. The RMB Loan interest rate was 5.28% at March 31, 2015. The RMB Loan may be repaid at any time without penalty. Any amounts repaid may not be redrawn under the Facility Agreement. The RMB Loan is secured by a lien on Solitario’s 80% interest in MH-LLC as well as a general security interest in Solitario’s remaining assets.

The following table summarizes the RMB Loan:

RMB RMB RMB

 (in thousands) Loan borrowing Warrant discount
Long-term

Debt

 Beginning balance December 31, 2014 $ 5,000 $(139) $4,861

 Amortization of discount to interest cost - 54 54

 Ending balance March 31, 2015 $5,000 $(85) 4,915

UBS Short-term credit line

During the three months ended March 31, 2014 Solitario had a secured credit line agreement with UBS Bank, USA (“UBS”), which was secured by all of Solitario’s assets held in its UBS brokerage account. The UBS secured line of credit of $802,000 was paid off during the three months ended March 31, 2014.

Solitario recorded the following interest cost related to outstanding short-term debt:

(in thousands)
Three months ended

March 31,

2015 2014

RMB Loan interest

 Interest paid in cash $ 66 $ 46

 Amortization of the RMB Warrants discount 54 54

 Amortization of RMB deferred financing costs 49 49

 Total interest expense related to the RMB Loan 169 149

UBS secured credit line - 4

 Total $169 $153

During the three months ended March 31, 2015 and 2014, Solitario capitalized all of its interest to mineral property. See Note 2, “Mineral property,” above.

X

- Details

Name: us-gaap_ShortTermDebtOtherDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for short-term debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.16)

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.13)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name: us-gaap_ShortTermDebtTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 48 R23.htm IDEA: XBRL DOCUMENT v2.4.1.9

Derivative Instruments (Tables)
3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Gain Loss on Derivative Instruments

(in thousands)
Three months ended

March 31,

2015 2014

Shares of Kinross 180 130

 Proceeds from sale of call $ 84 $ 36

 Gain on derivative instrument 82 29

 Ending liability balance $ 2 $ 7

X

- Details

Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of gains and losses on derivative instruments included in an entity's trading activities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 55

-Paragraph 184

-URI http://asc.fasb.org/extlink&oid=51664841&loc=SL5634876-113961

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4F

-Subparagraph (a),(b)

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624186-113959

+ Details

Name: us-gaap_ScheduleOfDerivativeInstrumentsIncludedInTradingActivitiesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 49 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9

Mineral Property (Tables)
3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Investment in Mineral Property

(in thousands) March 31, December 31,

2015 2014

Development (United States)

 Mt. Hamilton $14,968 $14,641

Exploration

 La Promesa (Peru) 5 5

 Norcan (Mexico) 6 6

 Aconchi (Mexico) 5 5

 Canta Colorado (Mexico) 3 3

 Total exploration 19 19

 Total mineral property $14,987 $14,660

Capitalized Development Costs

(in thousands)
Three months ended

March 31,

2015 2014

Development expenditures $156 $ 485

Capitalized interest 169 153

Capitalized depreciation 2 8

 Total capitalized costs $ 327 $ 646

Exploration Expense

(in thousands) Three months ended
March 31,

2015 2014

Geologic and field expenses $18 $26

Administrative 7 22

Total exploration costs $ 25 $ 48

X

- Details

Name: us-gaap_PropertyPlantAndEquipmentAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5

+ Details

Name: us-gaap_PropertyPlantAndEquipmentTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of the capitalized costs of unproved properties and major development projects that are excluded from capitalized costs being amortized. This includes the total costs excluded and, at a minimum, these categories of costs: acquisition costs, exploration costs, development costs in the case of significant development projects, and capitalized interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 932

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-10.(c)(7)(ii))

-URI http://asc.fasb.org/extlink&oid=50486907&loc=d3e511914-122862

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 10

-Paragraph c

-Subparagraph 3(ii)(A)

-Article 4

+ Details

Name: us-gaap_ScheduleOfCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_MineralPropertyExplorationExpenseTableTextBlock

Namespace Prefix: XPL_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 50 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9

Employee Stock Compensation Plans
3 Months Ended

Mar. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Employee Stock Compensation Plans

9. Employee stock compensation plans

Solitario’s outstanding options on the date of grant have a five year term, and vest 25% on date of grant and 25% on each of the next three anniversary dates. Solitario recognizes stock option compensation expense on the date of grant for 25% of the grant date fair value, and subsequently, based upon a straight line amortization of the unvested grant date fair value of each of its outstanding options. During the three months ended March 31, 2015 and 2014, Solitario recorded $157,000 and $56,000, respectively, of stock option expense for the amortization of grant date fair value with a credit to additional paid-in-capital.

The 2006 Plan

On June 27, 2006 Solitario’s shareholders approved the 2006 Stock Option Incentive Plan (the “2006 Plan”). Under the terms of the 2006 Plan, the Board of Directors may grant up to 2,800,000 options to Directors, officers and employees with exercise prices equal to the market price of Solitario’s common stock at the date of grant.

There were no new options granted during the three months ended March 31, 2015 and 2014 under the 2006 Plan. No options were exercised during the three months ended March 31, 2015 or 2014.

The 2013 Plan

On June 18, 2013 Solitario’s shareholders approved the 2013 Solitario Exploration & Royalty Corp. Omnibus Stock and Incentive Plan (the “2013 Plan”). Under the terms of the 2013 Plan, the Board of Directors may grant awards for up to 1,750,000 shares to directors, officers, employees and consultants. Such awards may take the form of stock options, stock appreciation rights, restricted stock, and restricted stock units. The terms and conditions of the awards are pursuant to the 2013 Plan and are granted by the Board of Directors or a committee appointed by the Board of Directors.

There were no stock awards or exercises of options under the 2013 plan during the three months ended March 31, 2015. During the three months ended March 31, 2014, Solitario granted restricted stock units from the 2013 Plan for a total of 50,562 shares, which were vested upon grant to two employees as part of their severance pay upon the employees’ termination from the Company. There were no other stock awards or exercises of options under the 2013 Plan during the three months ended March 31, 2014.

X

- Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 50

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51659978&loc=d3e25284-112666

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 40

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

+ Details

Name: us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 51 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9

Fair Value
3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value

7. Fair value

For certain of Solitario’s financial instruments, including cash and cash equivalents, payables and short-term debt, the carrying amounts approximate fair value due to their short term maturities. Solitario’s marketable equity securities are carried at their estimated fair value primarily based on quoted market prices. The RMB Warrants are carried at their estimated fair value based on a Black-Scholes option pricing model.

Solitario accounts for its financial instruments under ASC 820, "Fair Value Measurements." ASC 820 establishes a framework for measuring fair value and requires enhanced disclosures about fair value measurements. ASC 820 clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. ASC 820 also requires disclosure about how fair value is determined for assets and liabilities and establishes a hierarchy for which these assets and liabilities must be grouped, based on significant levels of inputs as follows:

Level 1: quoted prices in active markets for identical assets or liabilities;

Level 2: quoted prices in active markets for similar assets and liabilities and inputs that are observable for the asset or liability; or

Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

The determination of where assets and liabilities fall within this hierarchy is based upon the lowest level of input that is significant to the fair value measurement. During the three months ended March 31, 2015 there were no reclassifications in financial assets or liabilities between Level 1, 2 or 3 categories.

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of March 31, 2015:

(in thousands) Level 1 Level 2 Level 3 Total

Assets

 Marketable equity securities $1,710 $ - $- $1,710

Liabilities

 RMB warrants - 6 - 6

 Kinross calls 2 2

The following is a listing of Solitario’s financial assets and liabilities required to be measured at fair value on a recurring basis and where they are classified within the hierarchy as of December 31, 2014:

(in thousands) Level 1 Level 2 Level 3 Total

Assets

 Marketable equity securities $2,308 $ - $ - $2,308

Liabilities

 RMB warrants - 55 - 55

X

- Details

Name: us-gaap_FairValueDisclosuresAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 21

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13537-108611

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 10

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13433-108611

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 820

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 825

-SubTopic 10

-Section 50

-Paragraph 16

-URI http://asc.fasb.org/extlink&oid=49121117&loc=d3e13504-108611

+ Details

Name: us-gaap_FairValueDisclosuresTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 52 R14.htm IDEA: XBRL DOCUMENT v2.4.1.9

Income Taxes
3 Months Ended

Mar. 31, 2015

Income Tax Disclosure [Abstract]

Income Taxes

8. Income Taxes

Solitario accounts for income taxes in accordance with ASC 740, “Accounting for Income Taxes.” Under ASC 740, income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related to certain income and expenses recognized in different periods for financial and income tax reporting purposes. Deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when the assets and liabilities are recovered or settled. Deferred taxes are also recognized for operating losses and tax credits that are available to offset future taxable income and income taxes, respectively. A valuation allowance is provided if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

At March 31, 2015 and December 31,2014, primarily as a result of the its net operating loss carry-forwards exceeding the built-in-gain in the value of Solitario's holdings of Kinross common stock recognized as other comprehensive income, Solitario has recorded a valuation allowance equal to the built-in gain on the value of its holdings of Kinross common stock.

During the three months ended March 31, 2015, Solitario recorded no deferred tax benefit as result of the valuation allowance discussed above. During the three months ended March 31, 2014, Solitario recorded a $100,000 deferred tax benefit in the statement of operations related to the release of valuation allowance for the deferred taxes expense of $100,000 in other comprehensive income related to net unrealized gains of $286,000 on marketable equity securities.

X

- Details

Name: us-gaap_IncomeTaxDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

+ Details

Name: us-gaap_IncomeTaxDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 53 R16.htm IDEA: XBRL DOCUMENT v2.4.1.9

Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest
3 Months Ended

Mar. 31, 2015

Equity:

Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest

10. Shareholders’ Equity, comprehensive loss and noncontrolling interest

(in thousands, except Accumulated Total

Share amounts) Common Common Additional Other Solitario Non- Total

Stock Stock Paid-in Accumulated Comprehensive Shareholder Controlling Shareholders’

Shares Amount Capital Deficit Loss Equity Interest Equity

Balance at December 31, 2014 39,247,689 $393 $54,512 $(46,563) $(1,120) $7,222 $(441) $6,781

Stock option expense - - 157 - - 157 - 157

Net loss - - - (450) - (450) (1) (451)

Net unrealized gain on marketable
 equity securities - - - - (598) (598) - (598)

Balance at March 31, 2015 39,247,689 $393 $54,669 $(47,013) $(1,718) $6,331 $(442) $5,889

X

- Details

Name: us-gaap_EquityAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Preferred Stock

-URI http://asc.fasb.org/extlink&oid=6521494

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section C

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(d),(e))

-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.29-31)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 4

-Subparagraph (SAB TOPIC 4.C)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 4

-Section E

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 11

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 30

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656

Reference 14: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 15: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 310

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SAB TOPIC 4.E)

-URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707

+ Details

Name: us-gaap_StockholdersEquityNoteDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 54 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9

Other Assets - Other Assets (Details) (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2015

Dec. 31, 2014

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred offering costs RMB Loan $ 77us-gaap_DeferredFinanceCostsNet $ 126us-gaap_DeferredFinanceCostsNet

Accumulated Mt. Hamilton advance royalty payments 900us-gaap_PrepaidRoyalties 900us-gaap_PrepaidRoyalties

Furniture and Fixtures, net of accumulated depreciation 58us-gaap_PropertyPlantAndEquipmentNet 63us-gaap_PropertyPlantAndEquipmentNet

Exploration bonds and other assets 73 74

Total other assets $ 1,108us-gaap_OtherAssets $ 1,163us-gaap_OtherAssets

X

- Details

Name: us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_DeferredFinanceCostsNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 10

-Article 7

+ Details

Name: us-gaap_OtherAssets

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of other miscellaneous assets expected to be realized or consumed after one year or normal operating cycle, if longer.

+ References

No definition available.

+ Details

Name: us-gaap_OtherAssetsMiscellaneousNoncurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount of asset related to consideration paid in advance for royalties that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Current Assets

-URI http://asc.fasb.org/extlink&oid=6509628

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6787-107765

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 10

-Section 05

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=51662447&loc=d3e5879-108316

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 340

-SubTopic 10

-Section 05

-Paragraph 4

-URI http://asc.fasb.org/extlink&oid=51662447&loc=d3e5865-108316

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section 45

-Paragraph 1

-Subparagraph (g)(5)

-URI http://asc.fasb.org/extlink&oid=28358313&loc=d3e6676-107765

+ Details

Name: us-gaap_PrepaidRoyalties

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Definition

Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph a

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 8

-Article 7

+ Details

Name: us-gaap_PropertyPlantAndEquipmentNet

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

XML 55 R21.htm IDEA: XBRL DOCUMENT v2.4.1.9

Other Assets (Tables)
3 Months Ended

Mar. 31, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

(in thousands) March 31, December 31,

2015 2014

Deferred offering costs RMB Loan $ 77 $126

Accumulated Mt. Hamilton advance royalty payments 900 900

Furniture and Fixtures, net of accumulated depreciation 58 63

Exploration bonds and other assets 73 74

Total other assets $ 1,108 $ 1,163

X

- Details

Name: us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets.

+ References

No definition available.

+ Details

Name: us-gaap_ScheduleOfOtherAssetsTableTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 56 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9

Segment Reporting (Tables)
3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Reporting

(in thousands) Three months ended March 31, 2015

Mt Hamilton Exploration Corporate and Other Consolidated

Exploration expense $ - $ 25 $ - $ 25

Interest expense (1) - - - -

Other - 10 416 426

Pre-tax loss $ - $35 $ 416 $451

Total assets (2) $16,257 $54 $1,856 $18,167

Capital Expenditures $ 327 $ - $ - $ 327

(1) Interest cost of $169 and depreciation of $2 have been capitalized to Mt. Hamilton mineral properties.

(2) Corporate and other total assets include investment in marketable equity securities of $1,710.

(in thousands) Three months ended March 31, 2014

Mt Hamilton Exploration Corporate and Other Consolidated

Exploration expense $ - $ 48 $ - $ 48

Interest expense (4) - - - -

Other (3) - 135 452 587

Pre-tax loss $ - $183 $ 452 $635

Total assets (5)(6) $15,009 $346 $4,715 $20,070

Capital Expenditures (4) $ 646 $ - $ - $ 646

(3) Exploration other includes loss on unconsolidated subsidiary of $125.

(4) Interest cost of $153 and depreciation of $8 have been capitalized to Mt. Hamilton mineral properties.

(5) Exploration total assets include investment in unconsolidated subsidiary of $28.

(6) Corporate and other total assets include investment in marketable equity securities of $4,210.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 21

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 22

-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599

+ Details

Name: us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_SegmentReportingAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

XML 57 R41.htm IDEA: XBRL DOCUMENT v2.4.1.9

Fair Value - Fair Value Financial Assets and Liabilities (Details) (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2015

Dec. 31, 2014

Assets

Marketable equity securities $ 1,710us-gaap_InvestmentsFairValueDisclosure $ 2,308us-gaap_InvestmentsFairValueDisclosure

Liabilities

RMB warrants 6 55

Kinross calls 2us-gaap_HedgingLiabilitiesCurrent

Level 1

Assets

Marketable equity securities 1,710 2,308

Liabilities

RMB warrants

Kinross calls 2

Level 2

Assets

Marketable equity securities

Liabilities

RMB warrants 6 55

Kinross calls

X

- Details

Name: us-gaap_AssetsFairValueDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 20

-Section 50

-Paragraph 3

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 20

-Section 55

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=51825145&loc=SL20226000-175313

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4B

-Subparagraph (a),(c)

-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 860

-SubTopic 20

-Section 50

-Paragraph 4D

-Subparagraph (c)(2)

-URI http://asc.fasb.org/extlink&oid=51814546&loc=SL51823488-111719

+ Details

Name: us-gaap_DerivativeFairValueOfDerivativeLiability

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Carrying amount as of the balance sheet date of the liability arising from a financial instrument or a contract used to mitigate a specified risk (hedge), and which are expected to be converted into cash or otherwise disposed of within a year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.20)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_HedgingLiabilitiesCurrent

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Available-for-Sale Securities

-URI http://asc.fasb.org/extlink&oid=6505594

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51813488&loc=d3e22054-111558

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 1

-Subparagraph a, f, g

-Article 7

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Trading Securities

-URI http://asc.fasb.org/extlink&oid=6526789

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 35

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=27723805&loc=d3e24584-111560

+ Details

Name: us-gaap_InvestmentsFairValueDisclosure

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

X

- Details

Name: us-gaap_LiabilitiesFairValueDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=XPL_Level1Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

X

- Details

Name: us-gaap_FairValueByFairValueHierarchyLevelAxis=XPL_Level2Member

Namespace Prefix:

Data Type: na

Balance Type:

Period Type:

XML 58 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9

Consolidated Statements of Comprehensive Income (Loss) (USD $)
In Thousands, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Consolidated Statements Of Comprehensive Income Loss

Net loss attributable to Solitario shareholders, before other comprehensive loss $ (451)us-gaap_ComprehensiveIncomeNetOfTax $ (535)us-gaap_ComprehensiveIncomeNetOfTax

Other comprehensive income (loss):

Unrealized loss on marketable equity securities, net of deferred taxes (598) 186

Comprehensive loss (1,048) (349)

Loss (income) attributable to noncontrolling interests 1 3

Comprehensive loss attributable to Solitario shareholders $ (1,047) $ (346)

X

- Definition

Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Other Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=51831270

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Comprehensive Income

-URI http://asc.fasb.org/extlink&oid=51831223

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 5

-URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e557-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Net Income

-URI http://asc.fasb.org/extlink&oid=51831255

+ Details

Name: us-gaap_ComprehensiveIncomeNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

The aggregate net change in the difference between the fair value and the carrying value, or in the comparative fair values, of marketable securities categorized as trading held at each balance sheet date, that was included in earnings for the period, which may have arisen from (a) securities classified as trading, (b) the unrealized holding gain (loss) on held-to-maturity securities transferred to the trading security category, and (c) the cumulative unrealized gain (loss) which was included in other comprehensive income (a separate component of shareholders' equity) on available-for-sale securities transferred to trading securities during the period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563

+ Details

Name: us-gaap_MarketableSecuritiesUnrealizedGainLoss

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

Amount of Net Income (Loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 50

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 810

-SubTopic 10

-Section 55

-Paragraph 4J

-URI http://asc.fasb.org/extlink&oid=35736750&loc=SL4591551-111686

+ Details

Name: us-gaap_NetIncomeLossAttributableToNoncontrollingInterest

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: duration

X

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 1A

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 55

-Paragraph 15

-URI http://asc.fasb.org/extlink&oid=51821188&loc=d3e1436-108581

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 220

-SubTopic 10

-Section 45

-Paragraph 1B

-URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669625-108580

+ Details

Name: us-gaap_OtherComprehensiveIncomeLossNetOfTax

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Details

Name: XPL_ConsolidatedStatementsOfComprehensiveIncomeLossAbstract

Namespace Prefix: XPL_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Portion of income or loss attributable to Solitario shareholders only.

+ References

No definition available.

+ Details

Name: XPL_NetIncomeLossAttributableToStockholders

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

XML 59 R10.htm IDEA: XBRL DOCUMENT v2.4.1.9

Other Assets
3 Months Ended

Mar. 31, 2015

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

4. Other Assets

The following items comprised other assets:

(in thousands) March 31, December 31,

2015 2014

Deferred offering costs RMB Loan $ 77 $126

Accumulated Mt. Hamilton advance royalty payments 900 900

Furniture and Fixtures, net of accumulated depreciation 58 63

Exploration bonds and other assets 73 74

Total other assets $ 1,108 $ 1,163

In connection with the RMB Loan, Solitario recorded deferred offering costs that are being amortized on a straight-line basis to interest cost over 36 months, the term of the Facility Agreement. See Note 5, “Short-term debt,” below.

X

- Details

Name: us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name: us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

XML 60 R27.htm IDEA: XBRL DOCUMENT v2.4.1.9

Business and Significant Accounting Policies (Details Narrative) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Aug. 20, 2015

Accounting Policies [Abstract]

Working capital deficit $ 3,200XPL_WorkingCapital

RMB loan due $ 5,000us-gaap_ShortTermBorrowings

Potentially dilutive shares related to outstanding common stock options 3,748,000 2,022,000

RMB warrants excluded from calculation of diluted loss per share 1,624,748 1,624,748

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of call options and warrants using the treasury stock method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Warrant

-URI http://asc.fasb.org/extlink&oid=6528364

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 23

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1757-109256

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Treasury Stock Method

-URI http://asc.fasb.org/extlink&oid=6527216

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Call Option

-URI http://asc.fasb.org/extlink&oid=6506649

+ Details

Name: us-gaap_IncrementalCommonSharesAttributableToCallOptionsAndWarrants

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 45

-Paragraph 28A

-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1500-109256

+ Details

Name: us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements

Namespace Prefix: us-gaap_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

X

- Definition

Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.19(a))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.13)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 944

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.7-03.(a),16(a)(1))

-URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 13

-Subparagraph 2, 3

-Article 9

+ Details

Name: us-gaap_ShortTermBorrowings

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: instant

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_WorkingCapital

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: debit

Period Type: instant

XML 61 FilingSummary.xml IDEA: XBRL DOCUMENT 2.4.1.9 Html 56 177 1 false 23 0 false 4 false false R1.htm 00000001 - Document - Document and Entity Information Sheet http://solitarioxr.com/role/DocumentAndEntityInformation Document and Entity Information true false R2.htm 00000002 - Statement - Consolidated Balance Sheets Sheet http://solitarioxr.com/role/BalanceSheets Consolidated Balance Sheets false false R3.htm 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) Sheet http://solitarioxr.com/role/BalanceSheetsParenthetical Consolidated Balance Sheets (Parenthetical) false false R4.htm 00000004 - Statement - Consolidated Statements of Operations Sheet http://solitarioxr.com/role/StatementsOfOperations Consolidated Statements of Operations false false R5.htm 00000005 - Statement - Consolidated Statements of Comprehensive Income (Loss) Sheet http://solitarioxr.com/role/StatementsOfComprehensiveIncomeLoss Consolidated Statements of Comprehensive Income (Loss) false false R6.htm 00000006 - Statement - Consolidated Statements of Cash Flows Sheet http://solitarioxr.com/role/StatementsOfCashFlows Consolidated Statements of Cash Flows false false R7.htm 00000007 - Disclosure - Business and Significant Accounting Policies Sheet http://solitarioxr.com/role/BusinessAndSignificantAccountingPolicies Business and Significant Accounting Policies false false R8.htm 00000008 - Disclosure - Mineral Property Sheet http://solitarioxr.com/role/MineralProperty Mineral Property false false R9.htm 00000009 - Disclosure - Marketable Equity Securities Sheet http://solitarioxr.com/role/MarketableEquitySecurities Marketable Equity Securities false false R10.htm 00000010 - Disclosure - Other Assets Sheet http://solitarioxr.com/role/OtherAssets Other Assets false false R11.htm 00000011 - Disclosure - Short Term Debt Sheet http://solitarioxr.com/role/ShortTermDebt Short Term Debt false false R12.htm 00000012 - Disclosure - Derivative Instruments Sheet http://solitarioxr.com/role/DerivativeInstruments Derivative Instruments false false R13.htm 00000013 - Disclosure - Fair Value Sheet http://solitarioxr.com/role/FairValue Fair Value false false R14.htm 00000014 - Disclosure - Income Taxes Sheet http://solitarioxr.com/role/IncomeTaxes Income Taxes false false R15.htm 00000015 - Disclosure - Employee Stock Compensation Plans Sheet http://solitarioxr.com/role/EmployeeStockCompensationPlans Employee Stock Compensation Plans false false R16.htm 00000016 - Disclosure - Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest Sheet http://solitarioxr.com/role/ShareholdersEquityComprehensiveLossAndNoncontrollingInterest Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest false false R17.htm 00000017 - Disclosure - Segment Reporting Sheet http://solitarioxr.com/role/SegmentReporting Segment Reporting false false R18.htm 00000018 - Disclosure - Business and Significant Accounting Policies (Policies) Sheet http://solitarioxr.com/role/BusinessAndSignificantAccountingPoliciesPolicies Business and Significant Accounting Policies (Policies) false false R19.htm 00000019 - Disclosure - Mineral Property (Tables) Sheet http://solitarioxr.com/role/MineralPropertyTables Mineral Property (Tables) false false R20.htm 00000020 - Disclosure - Marketable Equity Securities (Tables) Sheet http://solitarioxr.com/role/MarketableEquitySecuritiesTables Marketable Equity Securities (Tables) false false R21.htm 00000021 - Disclosure - Other Assets (Tables) Sheet http://solitarioxr.com/role/OtherAssetsTables Other Assets (Tables) false false R22.htm 00000022 - Disclosure - Short Term Debt (Tables) Sheet http://solitarioxr.com/role/ShortTermDebtTables Short Term Debt (Tables) false false R23.htm 00000023 - Disclosure - Derivative Instruments (Tables) Sheet http://solitarioxr.com/role/DerivativeInstrumentsTables Derivative Instruments (Tables) false false R24.htm 00000024 - Disclosure - Fair Value (Tables) Sheet http://solitarioxr.com/role/FairValueTables Fair Value (Tables) false false R25.htm 00000025 - Disclosure - Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest (Tables) Sheet http://solitarioxr.com/role/ShareholdersEquityComprehensiveLossAndNoncontrollingInterestTables Shareholders Equity, Comprehensive Loss, and Noncontrolling Interest (Tables) false false R26.htm 00000026 - Disclosure - Segment Reporting (Tables) Sheet http://solitarioxr.com/role/SegmentReportingTables Segment Reporting (Tables) false false R27.htm 00000027 - Disclosure - Business and Significant Accounting Policies (Details Narrative) Sheet http://solitarioxr.com/role/BusinessAndSignificantAccountingPoliciesDetailsNarrative Business and Significant Accounting Policies (Details Narrative) false false R28.htm 00000028 - Disclosure - Mineral Property - Investment in Mineral Property (Details) Sheet http://solitarioxr.com/role/MineralProperty-InvestmentInMineralPropertyDetails Mineral Property - Investment in Mineral Property (Details) false false R29.htm 00000029 - Disclosure - Mineral Property - Capitalized Development Costs (Details) Sheet http://solitarioxr.com/role/MineralProperty-CapitalizedDevelopmentCostsDetails Mineral Property - Capitalized Development Costs (Details) false false R30.htm 00000030 - Disclosure - Mineral Property - Exploration Expense (Details) Sheet http://solitarioxr.com/role/MineralProperty-ExplorationExpenseDetails Mineral Property - Exploration Expense (Details) false false R31.htm 00000031 - Disclosure - Mineral Property (Details Narrative) Sheet http://solitarioxr.com/role/MineralPropertyDetailsNarrative Mineral Property (Details Narrative) false false R32.htm 00000032 - Disclosure - Marketable Equity Securities - Marketable Equity Securities and Accumulated Other Comprehensive Income (Details) Sheet http://solitarioxr.com/role/MarketableEquitySecurities-MarketableEquitySecuritiesAndAccumulatedOtherComprehensiveIncomeDetails Marketable Equity Securities - Marketable Equity Securities and Accumulated Other Comprehensive Income (Details) false false R33.htm 00000033 - Disclosure - Marketable Equity Securities - Changes in Marketable Securities (Details) Sheet http://solitarioxr.com/role/MarketableEquitySecurities-ChangesInMarketableSecuritiesDetails Marketable Equity Securities - Changes in Marketable Securities (Details) false false R34.htm 00000034 - Disclosure - Other Assets - Other Assets (Details) Sheet http://solitarioxr.com/role/OtherAssets-OtherAssetsDetails Other Assets - Other Assets (Details) false false R35.htm 00000035 - Disclosure - Short Term Debt - Summary of Short Term Debt (Details) Sheet http://solitarioxr.com/role/ShortTermDebt-SummaryOfShortTermDebtDetails Short Term Debt - Summary of Short Term Debt (Details) false false R36.htm 00000036 - Disclosure - Short Term Debt - Short Term Debt Interest (Details) Sheet http://solitarioxr.com/role/ShortTermDebt-ShortTermDebtInterestDetails Short Term Debt - Short Term Debt Interest (Details) false false R37.htm 00000037 - Disclosure - Short Term Debt (Details Narrative) Sheet http://solitarioxr.com/role/ShortTermDebtDetailsNarrative Short Term Debt (Details Narrative) false false R38.htm 00000038 - Disclosure - Derivative Instruments - Gain Loss on Derivative Instruments (Details) Sheet http://solitarioxr.com/role/DerivativeInstruments-GainLossOnDerivativeInstrumentsDetails Derivative Instruments - Gain Loss on Derivative Instruments (Details) false false R39.htm 00000039 - Disclosure - Derivative Instruments (Details Narrative) Sheet http://solitarioxr.com/role/DerivativeInstrumentsDetailsNarrative Derivative Instruments (Details Narrative) false false R40.htm 00000040 - Disclosure - Derivative Instruments (Details Narrative) (Parenthetical) Sheet http://solitarioxr.com/role/DerivativeInstrumentsDetailsNarrativeParenthetical Derivative Instruments (Details Narrative) (Parenthetical) false false R41.htm 00000041 - Disclosure - Fair Value - Fair Value Financial Assets and Liabilities (Details) Sheet http://solitarioxr.com/role/FairValue-FairValueFinancialAssetsAndLiabilitiesDetails Fair Value - Fair Value Financial Assets and Liabilities (Details) false false R42.htm 00000042 - Disclosure - Income Taxes (Details Narrative) Sheet http://solitarioxr.com/role/IncomeTaxesDetailsNarrative Income Taxes (Details Narrative) false false R43.htm 00000043 - Disclosure - Income Taxes (Details Narrative) (Parenthetical) Sheet http://solitarioxr.com/role/IncomeTaxesDetailsNarrativeParenthetical Income Taxes (Details Narrative) (Parenthetical) false false R44.htm 00000044 - Disclosure - Employee Stock Compensation Plans (Details Narrative) Sheet http://solitarioxr.com/role/EmployeeStockCompensationPlansDetailsNarrative Employee Stock Compensation Plans (Details Narrative) false false R45.htm 00000045 - Statement - Shareholders Equity (Details) Sheet http://solitarioxr.com/role/ShareholdersEquityDetails Shareholders Equity (Details) false false R46.htm 00000046 - Disclosure - Segment Reporting - Segment Reporting (Details) Sheet http://solitarioxr.com/role/SegmentReporting-SegmentReportingDetails Segment Reporting - Segment Reporting (Details) false false R47.htm 00000047 - Disclosure - Segment Reporting - Segment Reporting (Details) (Parenthetical) Sheet http://solitarioxr.com/role/SegmentReporting-SegmentReportingDetailsParenthetical Segment Reporting - Segment Reporting (Details) (Parenthetical) false false All Reports Book All Reports Process Flow-Through: 00000002 - Statement - Consolidated Balance Sheets Process Flow-Through: Removing column 'Mar. 31, 2014' Process Flow-Through: Removing column 'Dec. 31, 2013' Process Flow-Through: 00000003 - Statement - Consolidated Balance Sheets (Parenthetical) Process Flow-Through: 00000004 - Statement - Consolidated Statements of Operations Process Flow-Through: 00000005 - Statement - Consolidated Statements of Comprehensive Income (Loss) Process Flow-Through: 00000006 - Statement - Consolidated Statements of Cash Flows xpl-20150331.xml xpl-20150331.xsd xpl-20150331_cal.xml xpl-20150331_def.xml xpl-20150331_lab.xml xpl-20150331_pre.xml true true XML 62 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9

Derivative Instruments - Gain Loss on Derivative Instruments (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Shares of Kinross 180XPL_SharesDerivative 130XPL_SharesDerivative

Proceeds from sale of call $ 84 $ 36

Gain on derivative instrument 82 29

Ending liability balance $ 2 $ 7

X

- Definition

Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 25

-Section 50

-Paragraph 1

-Subparagraph (a)(1)

-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

+ Details

Name: us-gaap_ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Details

Name: us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

The increase (decrease) during the period in the net carrying value of derivative instruments reported as assets and liabilities that are due to be disposed of within one year (or the normal operating cycle, if longer).

+ References

No definition available.

+ Details

Name: us-gaap_IncreaseDecreaseInDerivativeAssetsAndLiabilities

Namespace Prefix: us-gaap_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_ProceedsFromSaleOfDerivativeInstrument

Namespace Prefix: XPL_

Data Type: xbrli:monetaryItemType

Balance Type: credit

Period Type: duration

X

- Definition

No authoritative reference available.

+ References

No definition available.

+ Details

Name: XPL_SharesDerivative

Namespace Prefix: XPL_

Data Type: xbrli:sharesItemType

Balance Type: na

Period Type: duration

XML 63 R20.htm IDEA: XBRL DOCUMENT v2.4.1.9

Marketable Equity Securities (Tables)
3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

Marketable Equity Securities and Accumulated Other Comprehensive Income

(in thousands) March 31, 2015 December 31, 2014

 Marketable equity securities at fair value $1,710 $2,308

 Cost 1,869 1,869

 Accumulated other comprehensive (loss) income for
 unrealized holding gains (159) 439

 Deferred taxes on accumulated other comprehensive
 income for unrealized holding gains (1,559) (1,559)

Accumulated other comprehensive income $(1,718) $(1,120)

Changes in Marketable Securities

(in thousands) Three months ended
March 31,

2015 2014

Gross cash proceeds $ - $350

Cost - 50

Gross gain on sale included in earnings during the period - 300

Deferred taxes on gross gain on sale included in earnings - (105)

Valuation allowance on deferred taxes on gross gain on sale included in earnings - 105

Reclassification adjustment to unrealized gain in other
 comprehensive income for net gains included in earnings - (300)

Gross unrealized holding (loss) gain arising during the period
 included in other comprehensive loss (598) 586

Deferred taxes on unrealized holding (loss) gain included in
 other comprehensive loss 207 (204)

Valuation allowance on deferred taxes on unrealized holding losses

included in other comprehensive loss
(207) 104

Net unrealized holding (loss) gain (598) 486

Other comprehensive (loss) income from marketable equity securities $(598) $186

X

- Details

Name: us-gaap_AccountingPoliciesAbstract

Namespace Prefix: us-gaap_

Data Type: xbrli:stringItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of the realized and unrealized gains and losses reported in the statement of income which have resulted from the sale and holding of marketable securities, respectively, as well as the sale or disposal of cost method investments. Such amounts would include realized gains and losses on the sale or disposal of trading, available-for-sale, and held-to-maturity securities, unrealized gains and losses on trading securities, unrealized gains and losses on available-for-sale and held-to-maturity securities transferred to the trading securities category, realized gains and losses on the sale or disposal of cost method investments, and losses recognized for other than temporary impairments (OTTI) of such investments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 25

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=51813488&loc=d3e22054-111558

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 5.M)

-URI http://asc.fasb.org/extlink&oid=27011274&loc=d3e87990-122713

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 10

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27405-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-Subparagraph (c)-(e)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 5

-Section M

+ Details

Name: us-gaap_GainLossOnInvestmentsTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

X

- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26610-111562

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 45

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=49167202&loc=d3e26626-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 210

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-03.4)

-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.2,12)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 5

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27232-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (a)

-URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563

+ Details

Name: us-gaap_MarketableSecuritiesTextBlock

Namespace Prefix: us-gaap_

Data Type: nonnum:textBlockItemType

Balance Type: na

Period Type: duration

Marketable Equity Securities - Changes in Marketable Securities (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accounting Policies [Abstract]
Gross cash proceeds		$ 350
Cost		50XPL_CostMarketableSecurities
Gross gain on sale included in earnings during the period		(300)us-gaap_MarketableSecuritiesGainLoss
Deferred taxes on gross gain on sale included in earnings		(105)
Valuation allowance on deferred taxes on gross gain on sale included in earnings		105
Reclassification adjustment to unrealized gain in other comprehensive income for net gains included in earnings		(300)
Gross unrealized holding (loss) gain arising during the period included in other comprehensive loss	(598)	586
Deferred taxes on unrealized holding (loss) gain included in other comprehensive loss	207	(204)
Valuation allowance on deferred taxes on unrealized holding losses included in other comprehensive loss	(207)	104
Net unrealized holding (loss) gain	(598)	486
Other comprehensive (loss) income from marketable equity securities	$ (598)	$ 186

Income Taxes (Details Narrative) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Deferred tax benefit statement of operations	$ 100us-gaap_DeferredIncomeTaxExpenseBenefit
Deferred tax expense in other comprehensive income for net unrealized gains of $286,000 on marketable equity securities	$ 100

Short Term Debt (Details Narrative) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]
Repayment UBS line of credit	$ 802,000us-gaap_RepaymentsOfLinesOfCredit

Income Taxes (Details Narrative) (Parenthetical) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]
Net unrealized gains on marketable equity securities	$ 286us-gaap_GainLossOnInvestments

Mineral Property - Capitalized Development Costs (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Property, Plant and Equipment [Abstract]
Development expenditures	$ 156	$ 485
Capitalized interest	169us-gaap_InterestPaidCapitalized	153us-gaap_InterestPaidCapitalized
Capitalized depreciation	2XPL_DepreciationCapitalized	8XPL_DepreciationCapitalized
Total capitalized costs	$ 327us-gaap_AcquisitionCosts	$ 646us-gaap_AcquisitionCosts

Employee Stock Compensation Plans (Details Narrative) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Jun. 18, 2013	Jun. 27, 2006
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock option expense for amortization of grant date fair value	$ 157	$ 56
Options available for grant under option plans			1,750,000	2,800,000
Restricted stock units granted from 2013 plan		50,562

Mineral Property (Details Narrative)	Feb. 22, 2012
Property, Plant and Equipment [Abstract]
Interest earned in Mt. Hamilton LLC	80.00%

Marketable Equity Securities - Marketable Equity Securities and Accumulated Other Comprehensive Income (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Marketable equity securities at fair value	$ 1,710us-gaap_InvestmentsFairValueDisclosure	$ 2,308us-gaap_InvestmentsFairValueDisclosure
Cost	1,869us-gaap_InvestmentOwnedAtCost	1,869us-gaap_InvestmentOwnedAtCost
Accumulated other comprehensive (loss) income for unrealized holding gains	(159)	439
Deferred taxes on accumulated other comprehensive income for unrealized holding gains	(1,559)	(1,559)
Accumulated other comprehensive income	$ (1,718)	$ (1,120)

Derivative Instruments (Details Narrative) (Parenthetical) (USD $)	Aug. 20, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Exercise price per share RMB warrants	$ 1.5387

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 329	$ 869
Investments in marketable equity securities, at fair value	1,710	2,308
Prepaid expenses and other	32	40
Total current assets	2,071us-gaap_AssetsCurrent	3,217us-gaap_AssetsCurrent
Mineral properties	14,987us-gaap_MineralPropertiesNet	14,660us-gaap_MineralPropertiesNet
Other assets	1,108us-gaap_OtherAssetsNoncurrent	1,163us-gaap_OtherAssetsNoncurrent
Total assets	18,166us-gaap_Assets	19,040us-gaap_Assets
Current liabilities:
Accounts payable	354us-gaap_AccountsPayableCurrent	343us-gaap_AccountsPayableCurrent
Current portion long-term debt, net of discount	4,915us-gaap_LongTermDebtCurrent	4,861us-gaap_LongTermDebtCurrent
Other	2us-gaap_OtherLiabilitiesCurrent
Total current liabilities	5,271us-gaap_LiabilitiesCurrent	5,204us-gaap_LiabilitiesCurrent
Deferred gain on sale of mineral property	7,000us-gaap_DeferredGainOnSaleOfProperty	7,000us-gaap_DeferredGainOnSaleOfProperty
Warrant liability	6us-gaap_DerivativeLiabilities	55us-gaap_DerivativeLiabilities
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at March 31, 2015 and December 31, 2014)
Common stock, $0.01 par value, authorized 100,000,000 shares (39,247,689 shares issued and outstanding at March 31, 2015 and December 31, 2014)	393us-gaap_CommonStockValue	393us-gaap_CommonStockValue
Additional paid-in capital	54,669us-gaap_AdditionalPaidInCapital	54,512us-gaap_AdditionalPaidInCapital
Accumulated deficit	(47,013)	(46,563)
Accumulated other comprehensive loss	(1,718)	(1,120)
Total Solitario shareholders’ equity	6,331us-gaap_StockholdersEquity	7,222us-gaap_StockholdersEquity
Noncontrolling interest	(442)us-gaap_MinorityInterest	(441)us-gaap_MinorityInterest
Total shareholders’ equity	5,889	6,781
Total liabilities and shareholders’ equity	$ 18,166	$ 19,040

Shareholders Equity (Details) (USD $) In Thousands, except Share data	Common Stock	Additional Paid-In Capital	Retained Earnings / Accumulated Deficit	Other Comprehensive Income / Loss	Noncontrolling Interest	Total
Beginning balance, value at Dec. 31, 2014	$ 393	$ 54,512	$ (46,563)	$ (1,120)	$ (441)	$ 6,781
Beginning balance, shares at Dec. 31, 2014	39,247,689
Stock option expense		157				157
Net loss			(450)		(1)	(451)us-gaap_NetIncomeLoss
Net unrealized gain on marketable equity securities				(598)		(598)
Ending balance, value at Mar. 31, 2015	$ 393	$ 54,669	$ (47,013)	$ (1,718)	$ (442)	$ 5,889
Ending balance, shares at Mar. 31, 2015	39,247,689

Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Operating activities:
Net loss	$ (451)	$ (535)
Adjustments to reconcile net loss to net cash used in operating activities:
(Gain) loss on derivative instruments	(82)us-gaap_GainLossOnSaleOfDerivatives	(32)us-gaap_GainLossOnSaleOfDerivatives
Depreciation and amortization	3us-gaap_DepreciationAndAmortization	3us-gaap_DepreciationAndAmortization
Loss on equity method investment		125
(Gain) loss on warrant liability	(49)	260
Employee stock option expense	157us-gaap_StockOptionPlanExpense	56us-gaap_StockOptionPlanExpense
Deferred income tax benefit		(100)
Gain on equity security sales		(300)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets	8	69
Accounts payable and other current liabilities	11	(34)
Net cash (used in) operating activities	(403)	(488)
Investing activities:
Additions to mineral properties	(222)us-gaap_PaymentsToAcquireProjects	(535)us-gaap_PaymentsToAcquireProjects
Sale of derivative instrument, net	84	36
Proceeds from sale of marketable equity securities		350
Other assets, net	1	11
Net cash used in investing activities	(137)	(138)
Financing activities:
Proceeds from issuance of common stock , net		1,630
Short-term borrowing (net)		(802)us-gaap_ProceedsFromShortTermDebt
Payment to noncontrolling interest		(250)us-gaap_PaymentsToMinorityShareholders
Net cash provided by financing activities		578
Net decrease in cash and cash equivalents	(540)	(48)
Cash and cash equivalents, beginning of period	869	2,092
Cash and cash equivalents, end of period	329	2,044
Supplemental disclosure of cash flow information:
Cash paid for interest, capitalized to mineral property	66us-gaap_InterestPaid	50us-gaap_InterestPaid
Supplemental disclosure of non-cash activities:
Capitalized non-cash interest	103us-gaap_InterestCostsCapitalized	103us-gaap_InterestCostsCapitalized
Issuance of stock to noncontrolling interest		75
Issuance of stock to settle severance liability		$ 45

Short Term Debt - Summary of Short Term Debt (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015
RMB Loan Borrowing
Beginning balance December 31, 2014	$ 5,000
Amortization of discount to interest cost
Ending balance March 31, 2015	5,000
RMB Warrant Discount
Beginning balance December 31, 2014	(139)
Amortization of discount to interest cost	54
Ending balance March 31, 2015	(85)
RMB Long Term Debt
Beginning balance December 31, 2014	4,861
Amortization of discount to interest cost	54
Ending balance March 31, 2015	$ 4,915

Consolidated Balance Sheets (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
Preferred stock
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000us-gaap_PreferredStockSharesAuthorized	10,000,000us-gaap_PreferredStockSharesAuthorized
Common stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000us-gaap_CommonStockSharesAuthorized	100,000,000us-gaap_CommonStockSharesAuthorized
Common stock, shares issued	39,247,689us-gaap_CommonStockSharesIssued	39,247,689us-gaap_CommonStockSharesIssued
Common stock, shares outstanding	39,247,689us-gaap_CommonStockSharesOutstanding	39,247,689us-gaap_CommonStockSharesOutstanding

Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2015	May 15, 2015
Document And Entity Information
Entity Registrant Name	Solitario Exploration & Royalty Corp.
Entity Central Index Key	0000917225
Document Type	10-Q
Document Period End Date	Mar. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		39,247,689dei_EntityCommonStockSharesOutstanding
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015

Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Costs, expenses and other:
Exploration expense	$ 25us-gaap_ExplorationExpenseMining	$ 48us-gaap_ExplorationExpenseMining
Depreciation and amortization	3us-gaap_DepreciationAndAmortization	3us-gaap_DepreciationAndAmortization
General and administrative	554us-gaap_GeneralAndAdministrativeExpense	531us-gaap_GeneralAndAdministrativeExpense
Gain on derivative instruments	(82)	(32)
Total costs, expenses and other	500us-gaap_OtherCostAndExpenseOperating	550us-gaap_OtherCostAndExpenseOperating
Other income (expense)
Gain on sale of marketable equity securities		300us-gaap_MarketableSecuritiesGainLoss
Gain (loss) on warrant liability	49	(260)
Net loss of equity method investment		(125)
Total other income (expense)	49us-gaap_OtherIncome	(85)us-gaap_OtherIncome
Loss before income tax	(451)	(635)
Income tax benefit		100us-gaap_IncomeTaxExpenseBenefit
Net loss	(451)us-gaap_NetIncomeLoss	(535)us-gaap_NetIncomeLoss
Less net loss attributable to noncontrolling interest	1	3
Net loss attributable to Solitario shareholders	$ (450)	$ (532)
Basic and diluted	$ (0.01)us-gaap_EarningsPerShareBasicAndDiluted	$ (0.01)us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted	39,248	38,130

Other Assets - Other Assets (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deferred offering costs RMB Loan	$ 77us-gaap_DeferredFinanceCostsNet	$ 126us-gaap_DeferredFinanceCostsNet
Accumulated Mt. Hamilton advance royalty payments	900us-gaap_PrepaidRoyalties	900us-gaap_PrepaidRoyalties
Furniture and Fixtures, net of accumulated depreciation	58us-gaap_PropertyPlantAndEquipmentNet	63us-gaap_PropertyPlantAndEquipmentNet
Exploration bonds and other assets	73	74
Total other assets	$ 1,108us-gaap_OtherAssets	$ 1,163us-gaap_OtherAssets

Fair Value - Fair Value Financial Assets and Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Assets
Marketable equity securities	$ 1,710us-gaap_InvestmentsFairValueDisclosure	$ 2,308us-gaap_InvestmentsFairValueDisclosure
Liabilities
RMB warrants	6	55
Kinross calls	2us-gaap_HedgingLiabilitiesCurrent
Level 1
Assets
Marketable equity securities	1,710	2,308
Liabilities
RMB warrants
Kinross calls	2
Level 2
Assets
Marketable equity securities
Liabilities
RMB warrants	6	55
Kinross calls

Consolidated Statements of Comprehensive Income (Loss) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Consolidated Statements Of Comprehensive Income Loss
Net loss attributable to Solitario shareholders, before other comprehensive loss	$ (451)us-gaap_ComprehensiveIncomeNetOfTax	$ (535)us-gaap_ComprehensiveIncomeNetOfTax
Other comprehensive income (loss):
Unrealized loss on marketable equity securities, net of deferred taxes	(598)	186
Comprehensive loss	(1,048)	(349)
Loss (income) attributable to noncontrolling interests	1	3
Comprehensive loss attributable to Solitario shareholders	$ (1,047)	$ (346)

Business and Significant Accounting Policies (Details Narrative) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Aug. 20, 2015
Accounting Policies [Abstract]
Working capital deficit	$ 3,200XPL_WorkingCapital
RMB loan due			$ 5,000us-gaap_ShortTermBorrowings
Potentially dilutive shares related to outstanding common stock options	3,748,000	2,022,000
RMB warrants excluded from calculation of diluted loss per share	1,624,748	1,624,748