Investments In Affiliates (Tables)

9 Months Ended

Sep. 30, 2013

Investments in and Advances to Affiliates [Line Items]

Investments in affiliates consist of (in thousands):


	September 30, 2013		December 31, 2012
Telesat Holdings Inc.	$	34,116	$	—
XTAR, LLC		57,449		62,517
	$	91,565	$	62,517

Equity in Net (Loss) Income of Affiliates

Equity in net income of affiliates consists of (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Telesat Holdings Inc.	$	34,242	$	43,654	$	34,242	$	42,179
XTAR, LLC		(1,569)		(2,068)		(5,068)		(5,077)
Other		685		—		(2,965)		—
	$	33,358	$	41,586	$	26,209	$	37,102

Effect of Affiliate Transactions on Operating Statement

The condensed consolidated statements of operations for the three and nine months ended September 30, 2012 reflect the effects of the following amounts related to SS/L’s transactions with our affiliates (in thousands):


	Three Months Ended September 30, 2012		Nine Months Ended September 30, 2012
Revenues included in income from discontinued operations	$	9,363	$	55,946
Elimination of Loral’s proportionate share of profits relating to affiliate transactions		(2,438)		(16,463)
Profits included in income from discontinued operations relating to affiliate transactions not eliminated		1,371		9,260

Telesat Holdings Inc [Member]

Investments in and Advances to Affiliates [Line Items]

Summary Financial Data, Equity Method Investment

The following table presents summary financial data for Telesat in accordance with U.S. GAAP, as of September 30, 2013 and December 31, 2012 and for the three and nine months ended September 30, 2013 and 2012 (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Statement of Operations Data:
Revenues	$	226,907	$	220,361	$	654,413	$	616,236
Operating expenses		(45,736)		(50,372)		(140,068)		(186,319)
Depreciation, amortization and stock-based compensation		(62,946)		(65,291)		(183,609)		(186,788)
Loss on disposition of long lived asset		(15)		(53)		(1,557)		(129)
Operating income		118,210		104,645		329,179		243,000
Interest expense		(49,831)		(59,020)		(160,603)		(172,302)
Expense of refinancing		—		(270)		(19,763)		(79,673)
Foreign exchange gains (losses)		58,171		94,424		(110,558)		100,736
(Losses) gains on financial instruments		(25,471)		(40,900)		71,137		(41,555)
Other income		420		179		11,055		1,144
Income tax provision		(18,485)		(14,333)		(45,478)		(18,652)
Net income		83,014		84,725		74,969		32,698


	September 30, 2013		December 31, 2012
Balance Sheet Data:
Current assets	$	324,416	$	289,614
Total assets		5,060,765		5,342,313
Current liabilities		308,258		237,739
Long-term debt, including current portion		3,244,624		3,519,872
Total liabilities		4,436,822		4,770,966
Shareholders’ equity		623,943		571,347

XTAR, LLC [Member]

Investments in and Advances to Affiliates [Line Items]

Summary Financial Data, Equity Method Investment

The following table presents summary financial data for XTAR as of September 30, 2013 and December 31, 2012 and for the three and nine months ended September 30, 2013 and 2012 (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Statement of Operations Data:
Revenues	$	8,406	$	7,613	$	24,856	$	22,285
Operating expenses		(8,188)		(8,239)		(25,050)		(24,842)
Depreciation and amortization		(2,310)		(2,345)		(6,930)		(7,095)
Operating loss		(2,092)		(2,971)		(7,124)		(9,652)
Net loss		(2,913)		(3,804)		(9,382)		(12,047)


	September 30, 2013		December 31, 2012
Balance Sheet Data:
Current assets	$	5,317	$	7,838
Total assets		65,354		74,721
Current liabilities		20,797		18,894
Total liabilities		55,967		55,953
Members’ equity		9,387		18,768