Investments in Affiliates (Tables)

9 Months Ended

Sep. 30, 2015

Investments in and Advances to Affiliates [Line Items]

Investments in affiliates consist of (in thousands):


	September 30,		December 31,
	2015		2014
Telesat Holdings Inc.	$	—	$	74,329
XTAR, LLC		14,559		30,463
	$	14,559	$	104,792

Equity in Net (Loss) Income of Affiliates

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Telesat Holdings Inc.	$	(27,913)	$	(17,240)	$	(74,329)	$	48,226
XTAR, LLC		(10,562)		(2,043)		(15,904)		(5,315)
	$	(38,475)	$	(19,283)	$	(90,233)	$	42,911

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 three and nine months ended September 30, 2015 and 2014 and as of September 30, 2015 and December 31, 2014 (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Statement of Operations Data:
Revenues	$	187,937	$	210,163	$	557,313	$	636,552
Operating expenses		(34,032)		(42,827)		(102,918)		(122,402)
Depreciation, amortization and stock-based compensation		(46,239)		(58,955)		(145,067)		(175,713)
Loss on disposition of long lived assets		(7)		(164)		(28)		(226)
Operating income		107,659		108,217		309,300		338,211
Interest expense		(34,533)		(47,573)		(104,804)		(142,589)
Foreign exchange loss		(164,235)		(96,093)		(333,076)		(105,177)
Gain on financial instruments		2,968		15,146		4,164		31,517
Other income		857		841		2,232		3,007
Income tax provision		(16,289)		(7,484)		(54,368)		(46,640)
Net income (loss)	$	(103,573)	$	(26,946)	$	(176,552)	$	78,329


	September 30,		December 31,
	2015		2014
Balance Sheet Data:
Current assets	$	599,482	$	497,287
Total assets		4,086,689		4,552,613
Current liabilities		185,420		227,200
Long-term debt, including current portion		2,997,755		3,102,635
Total liabilities		3,677,756		3,921,887
Shareholders’ equity		408,933		630,726

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 three and nine months ended September 30, 2015 and 2014 and as of September 30, 2015 and December 31, 2014 (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Statement of Operations Data:
Revenues	$	6,552	$	6,642	$	19,249	$	22,363
Operating expenses		(8,079)		(7,717)		(24,185)		(23,530)
Depreciation and amortization		(2,190)		(2,314)		(6,682)		(6,943)
Operating loss		(3,717)		(3,389)		(11,618)		(8,110)
Net loss		(5,177)		(3,758)		(14,444)		(9,822)


	September 30,		December 31,
	2015		2014
Balance Sheet Data:
Current assets	$	7,050	$	4,992
Total assets		46,501		53,508
Current liabilities		38,453		28,585
Total liabilities		65,994		59,342
Members’ equity		(19,493)		(5,834)