Investments in Affiliates (Tables)

12 Months Ended

Dec. 31, 2018

Investments in and Advances to Affiliates [Line Items]

Investments in affiliates consist of (in thousands):

Equity in Net (Loss) Income of Affiliates

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

Telesat Canada [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 years ended December 31, 2018 and 2017 and as of December 31, 2018 and 2017 (in thousands):


	Year Ended December 31,
	2018		2017
Statement of Operations Data:
Revenues	$	699,596	$	712,390
Operating expenses		(137,400)		(152,157)
Depreciation, amortization and stock-based compensation		(205,451)		(194,203)
Insurance proceeds		—		4,739
Other operating income (expense)		576		(207)
Operating income		357,321		370,562
Interest expense		(176,873)		(151,528)
Foreign exchange (loss) gain		(203,005)		173,433
Gain (loss) on financial instruments		15,795		(3,516)
Other income		11,335		3,592
Income tax provision		(45,423)		(54,424)
Net (loss) income	$	(40,850)	$	338,119


	December 31,
	2018		2017
Balance Sheet Data:
Current assets	$	628,125	$	445,104
Total assets		3,942,847		4,082,472
Current liabilities		139,401		126,100
Long-term debt, including current portion		2,764,599		2,829,911
Total liabilities		3,474,504		3,538,656
Shareholders’ equity		468,343		543,816

December 31,