XML 52 R41.htm IDEA: XBRL DOCUMENT v3.21.2
Investments in Affiliates (Narrative) (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended
Apr. 27, 2021
Jul. 02, 2020
Apr. 30, 2021
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Jul. 01, 2020
Dec. 31, 2019
Investments in and Advances to Affiliates [Line Items]                    
Investments in affiliates       $ 248,371   $ 248,371   $ 192,664    
Equity in Telesat-related other comprehensive income (loss), Before-Tax Amount       $ (2,053) $ (17,454) $ (4,186) $ 13,609      
Telesat Canada [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Economic interest in affiliate       62.60%   62.60%   62.60%    
Voting interest in affiliate       32.60%   32.60%   32.60%    
Investments in affiliates       $ 248,371   $ 248,371   $ 192,664    
Equity in Telesat-related other comprehensive income (loss), Before-Tax Amount           (4,200)        
Annual Consulting fees payable in cash           $ 5,000        
Number os stock options cancelled     6,197,776              
Telesat Canada [Member] | Restricted Stock Units (RSUs) [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Telesat Restricted Stock Units available for grant     3,660,000              
Telesat Restricted Stock Units, issuance terms     aggregate number of non-voting participating preferred shares issuable under the Telesat RSU plan (and under all other share compensation arrangements) does not exceed 10% of the total number of non-voting participating preferred shares outstanding from time to time (on a non-diluted basis)              
Telesat Restricted Stock Units granted     3,530,000              
Restricted Stock Units remaining available for grant     130,000              
Telesat Canada [Member] | Senior Secured Credit Facility [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Minimum total leverage ratio       4.50   4.50        
Minimum total leverage ratio to incur debt and make payments       5.46   5.46        
XTAR, LLC [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Investments in affiliates       $ 0   $ 0   0    
Percentage of ownership interest       56.00%   56.00%        
Commitment to provide further financial support       $ 0   $ 0        
XTAR, LLC [Member] | Hisdesat Servicios Estrategicos, S.A. [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Percentage of ownership interest       44.00%   44.00%        
Globalstar de Mexico [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Investments in affiliates       $ 0   $ 0   $ 0    
Senior Secured Notes 5.625% [Member] | Telesat Canada [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Debt instrument, issuance date Apr. 27, 2021                  
Senior notes issued and outstanding $ 500,000                  
Interest on notes 5.625%                  
Indenture maturity date Dec. 06, 2026                  
Transaction, Management Agreement [Member] | XTAR, LLC [Member]                    
Investments in and Advances to Affiliates [Line Items]                    
Amount due to Loral under the Loral Management Agreement                 $ 6,600 $ 6,600
Allowance for doubtful receivable                 $ 6,600  
Increase (decrease) in due from affiliates   $ (5,900)