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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Consolidated Statements Of Operations [Abstract]      
Revenues $ 1,107,365 $ 1,158,985 $ 993,400
Cost of revenues (908,715) (986,697) (880,486)
Selling, general and administrative expenses (112,129) (84,823) (92,703)
Gain on disposition of net assets 6,913 [1]    
Directors' indemnification expense   (6,857)  
Operating income 93,434 80,608 20,211
Interest and investment income 21,350 13,550 8,307
Interest expense (2,688) (3,143) (1,422)
Gain on litigation 4,535 5,000  
Other expense (6,641) (2,921) (121)
Income before income taxes and equity in net income of affiliates 109,990 93,094 26,975
Income tax (provision) benefit (89,145) 308,622 (5,571)
Income before equity in net income of affiliates 20,845 401,716 21,404
Equity in net income of affiliates 106,329 85,625 210,298
Net income 127,174 487,341 231,702
Net income attributable to noncontrolling interest (497) (495)  
Net income attributable to Loral $ 126,677 $ 486,846 $ 231,702
Net income per share attributable to Loral common shareholders:      
Basic $ 4.13 $ 16.18 $ 7.79
Diluted $ 3.92 $ 15.63 $ 7.73
Weighted average common shares outstanding:      
Basic 30,680,000 30,085,000 29,761,000
Diluted 31,166,000 30,887,000 29,981,000
[1] Represents the gain on the sale of Loral's portion of the payload on the ViaSat-1 satellite and related net assets to Telesat adjusted for elimination of Loral's 64% ownership interest in Telesat (see Note 17).