Investments In Affiliates (Tables)

12 Months Ended

Dec. 31, 2014

Investments in and Advances to Affiliates [Line Items]

Investments in affiliates consist of (in thousands):


	December 31,
	2014		2013
Telesat Holdings Inc.	$	74,329	$	60,157
XTAR, LLC		30,463		56,663
	$	104,792	$	116,820

Equity in Net (Loss) Income of Affiliates

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


	Year Ended December 31,
	2014		2013		2012
Telesat Holdings Inc.	$	24,698	$	47,251	$	40,814
XTAR, LLC		(26,200)		(5,854)		(6,474)
Other		—		(2,570)		—
	$	(1,502)	$	38,827	$	34,340

Effect of Affiliate Transactions on Operating Statement

Income from discontinued operations in our consolidated statements of operations reflects the effects of the following amounts related to SS/L’s transactions with our affiliates (in thousands):


	Year Ended December 31, 2012
Revenues	$	57,571
Elimination of Loral’s proportionate share of profits relating to affiliate transactions		(16,912)
Profits related to affiliate transactions not eliminated		9,513

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, for the years ended December 31, 2014, 2013 and 2012 and as of December 31, 2014 and 2013 (in thousands):


	Year Ended December 31,
	2014		2013		2012
Statement of Operations Data:
Revenues	$	837,440	$	867,914	$	846,148
Operating expenses		(161,944)		(185,179)		(242,705)
Depreciation, amortization and stock-based compensation		(231,849)		(245,764)		(249,134)
Loss on disposition of long lived asset		(276)		(1,677)		(778)
Operating income		443,371		435,294		353,531
Interest expense		(182,395)		(210,180)		(236,398)
Expense of refinancing		—		(19,655)		(80,104)
Foreign exchange (loss) gain		(232,275)		(191,569)		81,073
Gain (loss) on financial instruments		70,872		110,034		(25,755)
Other income		2,779		11,343		1,362
Income tax provision		(60,954)		(39,039)		(28,154)
Net income	$	41,398	$	96,228	$	65,555


	December 31,
	2014		2013
Balance Sheet Data:
Current assets	$	497,287	$	366,814
Total assets		4,552,613		4,929,838
Current liabilities		227,200		360,744
Long-term debt, including current portion		3,102,635		3,215,831
Total liabilities		3,921,887		4,280,902
Shareholders’ equity		630,726		648,936

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 for the years ended December 31, 2014, 2013 and 2012 and as of December 31, 2014 and 2013 (in thousands):


	Year Ended December 31,
	2014		2013		2012
Statement of Operations Data:
Revenues	$	29,171	$	35,283	$	32,674
Operating expenses		(31,367)		(33,763)		(34,627)
Depreciation and amortization		(9,257)		(9,247)		(9,298)
Operating loss		(11,453)		(7,727)		(11,251)
Net loss		(13,835)		(10,895)		(14,651)


	December 31,
	2014		2013
Balance Sheet Data:
Current assets	$	4,992	$	6,970
Total assets		53,508		64,745
Current liabilities		28,585		22,443
Total liabilities		59,342		56,872
Members’ equity		(5,834)		7,873