XML 96 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investment in Unconsolidated Entities, Deconsolidation (Details) (USD $)
12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
St. Lawrence Seaway RSA Cellular Partnership
Dec. 31, 2013
New York RSA 2 Cellular Partnership
Dec. 31, 2013
St. Lawrence Seaway RSA Cellular Partnership and New York RSA 2 Cellular Partnership
Apr. 03, 2013
St. Lawrence Seaway RSA Cellular Partnership and New York RSA 2 Cellular Partnership
Dec. 31, 2013
Discounted cash flow valuation approach
Dec. 31, 2013
Discounted cash flow valuation approach
Minimum
Dec. 31, 2013
Discounted cash flow valuation approach
Maximum
Fair Value Inputs                  
Average expected revenue growth rate (next ten years)             2.00%    
Terminal revenue growth rate (after year ten)             2.00%    
Discount rate             10.50%    
Capital expenditures as a percentage of revenue               14.90% 18.80%
Deconsolidation of New York Partnerships                  
Date of deconsolidation         Apr. 03, 2013        
Ownership interest in equity method investment     60.00% 57.14%          
Investments in unconsolidated entities $ 265,585,000 $ 144,531,000       $ 114,800,000      
Deconsolidation description         On April 3, 2013, U.S. Cellular entered into an agreement relating to the Partnerships. The agreement amends the Partnership Agreements in several ways which provide Verizon Wireless with substantive participating rights that allow Verizon Wireless to make decisions that are in the ordinary course of business of the Partnerships and which are significant to directing and executing the activities of the business. Accordingly, as required by GAAP, U.S. Cellular deconsolidated the Partnerships effective as of April 3, 2013 and thereafter reported them as equity method investments in its consolidated financial statements (“NY1 & NY2 Deconsolidation”). After the NY1 & NY2 Deconsolidation, U.S. Cellular retained the same ownership percentages in the Partnerships and will continue to report the same percentages of income from the Partnerships, which will be recorded in Equity in earnings of unconsolidated entities in the Consolidated Statement of Operations. In addition to the foregoing described arrangements, U.S. Cellular has certain other arm’s length, ordinary business relationships with Verizon Wireless and its affiliates.        
Deconsolidation gain         $ 18,500,000