Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2018

Basis of Presentation [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheet to the consolidated statement of cash flows (in thousands):

	December 31,
	2018		2017
Cash and cash equivalents	$	256,947	$	255,139
Restricted cash included in other assets		304		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	257,251	$	255,443

Assets and Liabilities Measured at Fair Value on Recurring and Non-Recurring basis

The following table presents our assets and liabilities measured at fair value at December 31, 2018 and December 31, 2017 (in thousands):

	December 31, 2018						December 31, 2017,
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Money market funds	$	254,552	$	—	$	—	$	251,742	$	—	$	—
Other current assets:
Indemnification - Sale of SSL	$	—	$	—	$	2,410	$	—	$	—	$	2,410
Liabilities
Long term liabilities
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	184	$	—	$	—	$	293

Additional Cash Flow Information

The following represents non-cash activities and supplemental information to the consolidated statements of cash flows (in thousands):

	Year Ended December 31,
	2018		2017
Non-cash operating items:
Equity in net loss (income) of affiliates	$	24,412	$	(216,347)
Deferred taxes		9,030		80,189
Depreciation		26		38
Amortization of prior service credit and actuarial loss		1,071		1,033
Net non-cash operating items – continuing operations	$	34,539	$	(135,087)
Supplemental information:
Interest paid – continuing operations	$	26	$	27
Interest paid – discontinued operations	$	—	$	55
Tax (refunds) payments, net – continuing operations	$	(8,355)	$	12,504