Condensed Consolidated Balance Sheets (Unaudited) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2012	Dec. 31, 2011
Current assets:
Cash and cash equivalents	$ 37,465	$ 197,114
Contracts-in-process	0	159,261
Inventories	0	77,301
Deferred tax assets	158,047	67,070
Other current assets	5,438	15,038
Assets held for sale	1,005,309
Total current assets	1,206,259	515,784
Property, plant and equipment, net	63	203,722
Restricted cash		23,800
Long-term receivables, as reported	22,311	362,688
Investments in affiliates	65,982	446,235
Intangible assets, net		8,179
Long-term deferred tax assets	162,006	263,363
Other assets	2,612	12,382
Total assets	1,459,233	1,836,153
Current liabilities:
Accounts payable		90,323
Accrued employment costs	3,819	59,897
Customer advances and billings in excess of costs and profits		227,485
Other current liabilities	10,418	25,265
Liabilities held for sale	729,965
Total current liabilities	744,202	402,970
Pension and other postretirement liabilities	35,732	311,273
Long-term liabilities	146,193	174,325
Total liabilities	926,127	888,568
Commitments and contingencies
Loral shareholders' equity:
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued and outstanding
Common Stock:
Paid-in capital	1,010,993	1,014,724
Treasury stock (at cost), 136,494 shares of voting common stock	(9,592)	(8,400)
(Accumulated deficit) retained earnings	(320,450)	94,303
Accumulated other comprehensive loss	(149,264)	(154,475)
Total shareholders' equity attributable to Loral	531,996	946,459
Noncontrolling interest	1,110	1,126
Total equity	533,106	947,585
Total liabilities and equity	1,459,233	1,836,153
Voting Common Stock
Common Stock:
Common stock	214	212
Total equity	214	212
Non-Voting Common Stock
Common Stock:
Common stock	95	95
Total equity	$ 95	$ 95