Marketable Investment Securities, Restricted Cash and Other Investment Securities (Tables)

6 Months Ended

Jun. 30, 2011

Marketable Investment Securities, Restricted Cash and Other Investment Securities

Schedule of marketable investment securities, restricted cash and other investment securities

	As of
	June 30,		December 31,
	2011		2010
	(In thousands)
Marketable investment securities:
Current marketable investment securities - VRDNs	$	1,411,188	$	1,334,081
Current marketable investment securities - strategic	308,803		211,141
Current marketable investment securities - other	1,017,701		754,483
Total current marketable investment securities	2,737,692		2,299,705
Restricted marketable investment securities (1)	67,043		62,196
Noncurrent marketable investment securities - ARS and MBS (2)	121,512		119,121
Total marketable investment securities	2,926,247		2,481,022
Restricted cash and cash equivalents (1)	58,042		82,241
Other investment securities:
Other investment securities - cost method (2)	2,805		2,805
Investment in DBSD North America	1,274,374		102,591
Total other investment securities	1,277,179		105,396
Total marketable investment securities, restricted cash and other investment securities	$	4,261,468	$	2,668,659

(1) Restricted marketable investment securities and restricted cash and cash equivalents are included in “Restricted cash and marketable investment securities” on our Condensed Consolidated Balance Sheets.

(2) Noncurrent marketable investment securities — auction rate securities (“ARS”), mortgage backed securities (“MBS”) and other investment securities are included in “Marketable and other investment securities” on our Condensed Consolidated Balance Sheets.

Schedule of unrealized gain (loss) on marketable investment securities

	As of June 30, 2011										As of December 31, 2010
	Marketable										Marketable
	Investment		Unrealized								Investment		Unrealized
	Securities		Gains		Losses			Net			Securities		Gains		Losses			Net
	(In thousands)
Debt securities:
VRDNs	$	1,411,188	$	—	$	—		$	—		$	1,334,081	$	—	$	—		$	—
ARS and MBS	56,408		2,292		(11,456		)	(9,164		)	56,430		902		(12,262		)	(11,360		)
ARS fair value election	65,104		—		—			—			62,691		—		—			—
Other (including restricted)	1,100,942		9,400		(2,071		)	7,329			832,798		9,330		(1,676		)	7,654
Equity securities:
Other	292,605		110,828		(2,954		)	107,874			195,022		82,565		(8,429		)	74,136
Subtotal	2,926,247		122,520		(16,481		)	106,039			2,481,022		92,797		(22,367		)	70,430
Investment in DBSD North America (1)	839,009		78,749		—			78,749			55,823		22,926		—			22,926
Total	$	3,765,256	$	201,269	$	(16,481	)	$	184,788		$	2,536,845	$	115,723	$	(22,367	)	$	93,356

(1)   Of our total investment in DBSD North America of $1.274 billion, only our $839 million investment in the 7.5% Convertible Senior Secured Notes due 2009 is accounted for as available for sale investments.

Schedule of available-for-sale securities in continuous unrealized loss position by length of time and their fair value

				As of June 30, 2011
	Primary	Total		Less than Six Months					Six to Nine Months					Nine Months or More
Investment	Reason for	Fair		Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
Category	Unrealized Loss	Value		Value		Loss			Value		Loss			Value		Loss
				(In thousands)
Debt securities	Temporary market fluctuations	$	551,286	$	489,729	$	(1,536	)	$	1,596	$	(2	)	$	59,961	$	(11,989	)
Equity securities	Temporary market fluctuations	139,933		139,933		(2,954		)	—		—			—		—
Total		$	691,219	$	629,662	$	(4,490	)	$	1,596	$	(2	)	$	59,961	$	(11,989	)

				As of December 31, 2010
				(In thousands)
Debt securities	Temporary market fluctuations	$	312,857	$	93,072	$	(174	)	$	26,182	$	(103	)	$	193,603	$	(13,661	)
Equity securities	Temporary market fluctuations	26,890		26,890		(8,429		)	—		—			—		—
Total		$	339,747	$	119,962	$	(8,603	)	$	26,182	$	(103	)	$	193,603	$	(13,661	)

Schedule of fair value measurements

	As of
	June 30, 2011								December 31, 2010
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
	(In thousands)
Debt securities:
VRDNs	$	1,411,188	$	—	$	1,411,188	$	—	$	1,334,081	$	—	$	1,334,081	$	—
ARS and MBS	121,512		—		5,245		116,267		119,121		—		6,031		113,090
Other (including restricted)	1,100,942		11,699		1,088,238		1,005		832,798		21,835		810,883		80
Equity securities	292,605		292,605		—		—		195,022		195,022		—		—
Subtotal	2,926,247		304,304		2,504,671		117,272		2,481,022		216,857		2,150,995		113,170
Investment in DBSD North America (1)	839,009		—		—		839,009		55,823		—		—		55,823
Total	$	3,765,256	$	304,304	$	2,504,671	$	956,281	$	2,536,845	$	216,857	$	2,150,995	$	168,993

(1)Of our total investment in DBSD North America of $1.274 billion, only our $839 million investment in the 7.5% Convertible Senior Secured Notes due 2009 is accounted for as available for sale investments.

Schedule of changes in Level 3 instruments

	Level 3 Investment Securities
	(In thousands)
Balance as of December 31, 2010	$	168,993
Net realized and unrealized gains (losses) included in earnings	2,837
Net realized and unrealized gains (losses) included in other comprehensive income (loss)	58,726
Purchases	727,364
Settlements	(1,639		)
Balance as of June 30, 2011	$	956,281

Schedule of gains and losses on sales and changes in carry values of investments

	For the Three Months						For the Six Months
	Ended June 30,						Ended June 30,
Other Income (Expense):	2011			2010			2011			2010
	(In thousands)
Marketable investment securities - gains (losses) on sales/exchanges	$	(4,659	)	$	—		$	1,732		$	(49	)
Marketable investment securities - unrealized gains (losses) on investments accounted for at fair value	(14,735		)	—			(19,508		)	—
Other investment securities - gains (losses) on sales/exchanges	—			52			10,000			1,604
Other investment securities - unrealized gains (losses) on fair value investments and other-than-temporary impairments	—			(877		)	—			2,146
Other	(400		)	(2,903		)	(385		)	(2,774		)
Total	$	(19,794	)	$	(3,728	)	$	(8,161	)	$	927