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Condensed Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Condensed Consolidated Statements of Operations and Comprehensive Income [Abstract]        
General and administrative expenses $ (3,452) $ (10,316) $ (10,559) $ (19,191)
Operating income (loss) (3,452) (10,316) (10,559) (19,191)
Interest and investment income 307 423 939 1,313
Interest expense (5) (30) (13) (87)
Other income (expense) (215) (2,875) (586) (3,498)
Income (loss) from continuing operations before income taxes and equity in net income (loss) of affiliates (3,365) (12,798) (10,219) (21,463)
Income tax (provision) benefit 7,589 36,616 2,604 39,157
Income (loss) from continuing operations before equity in net income (loss) of affiliates 4,224 23,818 (7,615) 17,694
Equity in net income (loss) of affiliates 33,358 41,586 26,209 37,102
Income (loss) from continuing operations 37,582 65,404 18,594 54,796
Income (loss) from discontinued operations, net of tax provision (1,987) 4,271 (4,352) 17,716
Net income (loss) 35,595 69,675 14,242 72,512
Net (income) loss attributable to noncontrolling interest   214   230
Net income (loss) attributable to Loral common shareholders 35,595 69,889 14,242 72,742
Other comprehensive income (loss), net of tax 526 2,285 2,389 7,496
Comprehensive income (loss) attributable to Loral common shareholders $ 36,121 $ 72,174 $ 16,631 $ 80,238
Basic        
Income (loss) from continuing operations $ 1.22 $ 2.13 $ 0.60 $ 1.79
Income (loss) from discontinued operations, net of tax $ (0.06) $ 0.14 $ (0.14) $ 0.58
Net income (loss) $ 1.16 $ 2.27 $ 0.46 $ 2.37
Diluted        
Income (loss) from continuing operations $ 1.19 $ 2.05 $ 0.58 $ 1.76
Income (loss) from discontinued operations, net of tax $ (0.06) $ 0.14 $ (0.14) $ 0.58
Net income (loss) $ 1.13 $ 2.19 $ 0.44 $ 2.34
Weighted average common shares outstanding:        
Basic 30,920 30,745 30,827 30,684
Diluted 31,004 30,997 30,997 30,980