INVESTMENT IN AL MASANE AL KOBRA MINING COMPANY (AMAK) (Details)
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3 Months Ended | 3 Months Ended | 3 Months Ended | |||||||
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Mar. 31, 2014
USD ($)
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Mar. 31, 2013
USD ($)
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Dec. 31, 2013
USD ($)
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Mar. 31, 2014
AMAK [Member]
USD ($)
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Mar. 31, 2013
AMAK [Member]
USD ($)
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Mar. 31, 2012
AMAK [Member]
USD ($)
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Dec. 31, 2013
AMAK [Member]
USD ($)
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Mar. 31, 2014
AMAK [Member]
SAR
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Mar. 31, 2014
AMAK [Member]
USD ($)
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Dec. 31, 2013
AMAK [Member]
USD ($)
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Investment in Al Masane Al Kobra Mining Company Amak [Line Items] | ||||||||||
Investment in AMAK | $ 53,700,000 | $ 54,100,000 | ||||||||
Exchange rate | 3.75 | |||||||||
Outstanding advance to AMAK | 536,000 | 536,000 | 500,000 | |||||||
Schedule of Equity Method Investments [Line Items] | ||||||||||
Percentage investment in AMAK (in hundredths) | 35.00% | |||||||||
Company's share of income (loss) reported by AMAK | (687,000) | 2,627,000 | (1,949,000) | 7,120,000 | (577,000) | |||||
Amortization of difference between Company's investment in AMAK and Company's share of net assets of AMAK | 337,000 | 337,000 | ||||||||
Equity in earnings of AMAK | (350,000) | 2,964,000 | ||||||||
Results of Operations [Abstract] | ||||||||||
Sales | 267,000 | 31,162,000 | 0 | |||||||
Gross Profit | 639,000 | 9,906,000 | 0 | |||||||
General, administrative and other expenses | 2,588,000 | 2,786,000 | 577,000 | |||||||
Net Income (loss) | (687,000) | 2,627,000 | (1,949,000) | 7,120,000 | (577,000) | |||||
Financial Position [Abstract] | ||||||||||
Current assets | 41,050,000 | 32,923,000 | ||||||||
Noncurrent assets | 264,431,000 | 264,997,000 | ||||||||
Total assets | 305,481,000 | 297,920,000 | ||||||||
Current liabilities | 27,565,000 | 22,497,000 | ||||||||
Long term liabilities | 80,268,000 | 75,826,000 | ||||||||
Shareholders' equity | 197,648,000 | 199,597,000 | ||||||||
Total liabilities and Shareholders' equity | $ 305,481,000 | $ 297,920,000 |
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The amount of the general, administrative and other expenses reported by an equity method investment of the entity. No definition available.
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Fixed exchange rate for USD to Riyal. No definition available.
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Long-Term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. This does not include advances to clients. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of current assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of current liabilities reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of equity, including noncontrolling interest, reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of gross profit (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of liabilities and equity reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of noncurrent assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of noncurrent liabilities reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. No definition available.
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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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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This item represents the net amount of amortization of purchase discounts and premiums related to investments in debt securities. The purchase discount or premium is amortized to income or expense, respectively, over the life (holding period) of the securities to arrive at an amount of periodic interest income or expense which results in a constant effective yield on the investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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