Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2020

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,
	2020		2019
Cash and cash equivalents	$	31,631	$	259,067
Restricted cash included in other current assets		304		—
Restricted cash included in other assets		—		304
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	31,935	$	259,371

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 on a recurring or non-recurring basis (in thousands):

	December 31, 2020						December 31, 2019,
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents:
Money market funds	$	29,166	$	—	$	—	$	256,915	$	—	$	—
Other current assets:
Indemnification - Sale of SSL	$	—	$	—	$	598	$	—	$	—	$	598
Liabilities
Long term liabilities
Indemnification - Globalstar do Brasil S.A.	$	—	$	—	$	145	$	—	$	—	$	145

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,
	2020		2019
Non-cash operating items
Equity in net income of affiliates	$	(116,716)	$	(101,403)
Recovery of affiliate doubtful receivable		(5,854)		—
Deferred taxes		11,362		2,987
Depreciation		4		15
Right-of-use asset, net of lease liability		(6)		9
Amortization of prior service credit and actuarial loss		1,299		1,008
Net non-cash operating items – continuing operations	$	(109,911)	$	(97,384)
Supplemental information:
Interest paid – continuing operations	$	26	$	24
Income tax refunds	$	178	$	5,547
Income tax payments	$	252	$	288