Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Accounting Policies [Abstract]

Summary of assets and liabilities measured at fair value

Our assets and liabilities measured at fair value were as follows:

	March 31, 2016							December 31, 2015
	Level 1		Level 2		Level 3	Total Fair Value		Level 1		Level 2		Level 3	Total Fair Value
Assets:
Sirius XM Canada Holdings Inc. (“Sirius XM Canada”) - investment (a)	$	168,863	—		—	$	168,863	$	141,850	—		—	$	141,850
Liabilities:
Debt (b)	—		$	5,945,992	—	$	5,945,992	—		$	5,649,173	—	$	5,649,173

(a) This amount approximates fair value.  The carrying value of our investment in Sirius XM Canada was $6,386 and $0 as of March 31, 2016 and December 31, 2015, respectively.

(b) The fair value for non-publicly traded instruments is based upon estimates from a market maker and brokerage firm.  Refer to Note 10 for information related to the carrying value of our debt as of March 31, 2016 and December 31, 2015.