Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Selling, general and administrative expenses	$ 10,316	$ 4,076	$ 19,191	$ 12,843
Gain on disposition of net assets				5,118
Operating loss	(10,316)	(4,076)	(19,191)	(7,725)
Interest and investment income	423	232	1,313	2,693
Interest expense	(30)	(24)	(87)	(83)
Gain on litigation, net				4,535
Other expense	(2,875)	(997)	(3,498)	(4,489)
Loss from continuing operations before income taxes and equity in net income (loss) of affiliates	(12,798)	(4,865)	(21,463)	(5,069)
Income tax benefit (provision)	36,616	(15,428)	39,157	(27,379)
Income (loss) from continuing operations before equity in net income (loss) of affiliates	23,818	(20,293)	17,694	(32,448)
Equity in net income (loss) of affiliates	41,586	(77,262)	37,102	(7,076)
Income (loss) from continuing operations	65,404	(97,555)	54,796	(39,524)
Income from discontinued operations, net of tax	4,271	20,257	17,716	59,647
Net income (loss)	69,675	(77,298)	72,512	20,123
Net loss (income) attributable to noncontrolling interest	214	(70)	230	(339)
Net income (loss) attributable to Loral common shareholders	69,889	(77,368)	72,742	19,784
Other comprehensive income (loss), net of tax	2,285	4,294	7,496	(816)
Comprehensive income (loss) attributable to Loral common shareholders	$ 72,174	$ (73,074)	$ 80,238	$ 18,968
Basic
Income (loss) from continuing operations	$ 2.13	$ (3.18)	$ 1.79	$ (1.29)
Income from discontinued operations, net of tax	$ 0.14	$ 0.66	$ 0.58	$ 1.93
Net income (loss)	$ 2.27	$ (2.52)	$ 2.37	$ 0.64
Diluted
Income (loss) from continuing operations	$ 2.05	$ (3.18)	$ 1.76	$ (1.29)
Income from discontinued operations, net of tax	$ 0.14	$ 0.66	$ 0.58	$ 1.93
Net income (loss)	$ 2.19	$ (2.52)	$ 2.34	$ 0.64
Weighted average common shares outstanding:
Basic	30,745	30,706	30,684	30,680
Diluted	30,997	30,706	30,980	30,680