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Fair Value Measurements (Details 1) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets    
Marketable equity securities $ 487,156 $ 380,087
7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities    
7.25% unsecured notes 475,200 481,400
Level 1 [Member]
   
Assets    
Money market investments 0 [1] 0 [1]
Marketable equity securities 487,156 [2] 380,087 [2]
Other current investments 11,826 [3] 14,134 [3]
Total Financial Assets 498,982 394,221
Liabilities    
Deferred compensation plan liabilities 0 [4] 0 [4]
Interest rate swap 0 [5] 0 [5]
Total Financial Liabilities 0 0
Level 1 [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities    
7.25% unsecured notes 0 [6] 0 [6]
Level 1 [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities    
AUD revolving credit borrowing 0 [6] 0 [6]
Level 2 [Member]
   
Assets    
Money market investments 431,836 [1] 432,670 [1]
Marketable equity securities 0 [2] 0 [2]
Other current investments 23,336 [3] 24,717 [3]
Total Financial Assets 455,172 457,387
Liabilities    
Deferred compensation plan liabilities 67,603 [4] 62,297 [4]
Interest rate swap 1,047 [5] 1,567 [5]
Total Financial Liabilities 588,499 597,203
Level 2 [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities    
7.25% unsecured notes 475,224 [6] 481,424 [6]
Level 2 [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities    
AUD revolving credit borrowing 44,625 [6] 51,915 [6]
Estimate of Fair Value Measurement [Member]
   
Assets    
Money market investments 431,836 [1] 432,670 [1]
Marketable equity securities 487,156 [2] 380,087 [2]
Other current investments 35,162 [3] 38,851 [3]
Total Financial Assets 954,154 851,608
Liabilities    
Deferred compensation plan liabilities 67,603 [4] 62,297 [4]
Interest rate swap 1,047 [5] 1,567 [5]
Total Financial Liabilities 588,499 597,203
Estimate of Fair Value Measurement [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities    
7.25% unsecured notes 475,224 [6] 481,424 [6]
Estimate of Fair Value Measurement [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities    
AUD revolving credit borrowing $ 44,625 [6] $ 51,915 [6]
[1] The Company’s money market investments are included in cash, cash equivalents and restricted cash.
[2] The Company’s investments in marketable equity securities are classified as available-for-sale
[3] Includes U.S. Government Securities, corporate bonds, mutual funds and time deposits (with original maturities greater than 90 days, but less than one year).
[4] Includes Graham Holdings Company’s Deferred Compensation Plan and supplemental savings plan benefits under the Graham Holdings Company’s Supplemental Executive Retirement Plan, which are included in accrued compensation and related benefits.
[5] Included in Other liabilities. The Company utilized a market approach model using the notional amount of the interest rate swap multiplied by the observable inputs of time to maturity and market interest rates.
[6] See Note 10 for carrying amount of these notes and borrowing.