Assets and Liabilities Measured at Fair Value (Details) (USD $)
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3 Months Ended |
0 Months Ended |
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Mar. 31, 2015
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Mar. 31, 2014
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Apr. 01, 2015
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Dec. 31, 2014
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Mar. 27, 2015
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Assets and Liabilities Measured at Fair Value |
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Short-term marketable securities |
$ 9,004,000us-gaap_MarketableSecuritiesCurrent
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$ 9,001,000us-gaap_MarketableSecuritiesCurrent
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Investments, at fair value |
355,202,000us-gaap_AvailableForSaleSecuritiesNoncurrent
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360,762,000us-gaap_AvailableForSaleSecuritiesNoncurrent
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Payments from settlements of financial instruments |
30,158,000us-gaap_PaymentsForDerivativeInstrumentFinancingActivities
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32,415,000us-gaap_PaymentsForDerivativeInstrumentFinancingActivities
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Revolving Credit Facility |
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Assets and Liabilities Measured at Fair Value |
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Line of Credit Facility, Maximum Borrowing Capacity |
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234,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_DebtInstrumentAxis = us-gaap_RevolvingCreditFacilityMember
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Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Investments, at fair value |
354,460,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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359,615,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Cashless Collar | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Derivative share amount hedged |
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1,700,000lbrda_DerivativeAmountOfHedgedItemShares / us-gaap_DerivativeInstrumentRiskAxis = lbrda_CashlessCollarMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Cashless Collar | Put Option | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Derivative, Price Risk Option Strike Price |
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136.80us-gaap_DerivativePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = lbrda_CashlessCollarMember / us-gaap_InvestmentTypeAxis = us-gaap_PutOptionMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Cashless Collar | Call Option | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Derivative, Price Risk Option Strike Price |
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161.62us-gaap_DerivativePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = lbrda_CashlessCollarMember / us-gaap_InvestmentTypeAxis = us-gaap_CallOptionMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Total | Recurring |
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Assets and Liabilities Measured at Fair Value |
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Cash and cash equivalents |
754,467,000us-gaap_CashAndCashEquivalentsFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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36,002,000us-gaap_CashAndCashEquivalentsFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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Short-term marketable securities |
9,004,000us-gaap_MarketableSecuritiesCurrent / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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9,001,000us-gaap_MarketableSecuritiesCurrent / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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Total | Written call option | Recurring | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Derivative liabilities, at fair value |
(71,530,000)us-gaap_DerivativeLiabilities / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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(75,356,000)us-gaap_DerivativeLiabilities / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Available for sale securities | Total | Recurring |
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Assets and Liabilities Measured at Fair Value |
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Investments, at fair value |
355,202,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_InvestmentSecondaryCategorizationAxis = us-gaap_AvailableforsaleSecuritiesMember
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360,762,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_InvestmentSecondaryCategorizationAxis = us-gaap_AvailableforsaleSecuritiesMember
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Expiration Date February 2015 | Written call option | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Class of Warrant or Right, Outstanding |
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625,000us-gaap_ClassOfWarrantOrRightOutstanding / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateFebruary2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Derivative, Price Risk Option Strike Price |
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92.02us-gaap_DerivativePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateFebruary2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Expiration Date February 2016 [member] | Written call option | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Class of Warrant or Right, Outstanding |
625,000us-gaap_ClassOfWarrantOrRightOutstanding / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateFebruary2016Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Derivative, Price Risk Option Strike Price |
100.39us-gaap_DerivativePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateFebruary2016Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Expiration Date May 2015 | Written call option | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Class of Warrant or Right, Outstanding |
625,000us-gaap_ClassOfWarrantOrRightOutstanding / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateMay2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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625,000us-gaap_ClassOfWarrantOrRightOutstanding / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateMay2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Derivative, Price Risk Option Strike Price |
90.84us-gaap_DerivativePriceRiskOptionStrikePrice / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateMay2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Payments from settlements of financial instruments |
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36,700,000us-gaap_PaymentsForDerivativeInstrumentFinancingActivities / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_InvestmentSecondaryCategorizationAxis = lbrda_ExpirationDateMay2015Member / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Quoted prices in active markets for identical assets (Level 1) | Recurring |
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Assets and Liabilities Measured at Fair Value |
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Cash and cash equivalents |
754,467,000us-gaap_CashAndCashEquivalentsFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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36,002,000us-gaap_CashAndCashEquivalentsFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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Short-term marketable securities |
9,004,000us-gaap_MarketableSecuritiesCurrent / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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9,001,000us-gaap_MarketableSecuritiesCurrent / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember
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Quoted prices in active markets for identical assets (Level 1) | Available for sale securities | Recurring |
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Assets and Liabilities Measured at Fair Value |
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Investments, at fair value |
355,202,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_InvestmentSecondaryCategorizationAxis = us-gaap_AvailableforsaleSecuritiesMember
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360,762,000us-gaap_AvailableForSaleSecuritiesNoncurrent / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel1Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_InvestmentSecondaryCategorizationAxis = us-gaap_AvailableforsaleSecuritiesMember
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Level 2 | Written call option | Recurring | Time Warner |
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Assets and Liabilities Measured at Fair Value |
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Derivative liabilities, at fair value |
$ (71,530,000)us-gaap_DerivativeLiabilities / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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$ (75,356,000)us-gaap_DerivativeLiabilities / us-gaap_DerivativeInstrumentRiskAxis = lbrda_WrittenCallOptionMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementFrequencyAxis = us-gaap_FairValueMeasurementsRecurringMember / us-gaap_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis = lbrda_TimeWarnerCableIncMember
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Minimum |
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Level 2 input |
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Volatility |
21.40%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MinimumMember
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Interest rate |
0.41%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MinimumMember
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Dividend yield |
0.00%us-gaap_FairValueAssumptionsExpectedDividendRate / us-gaap_RangeAxis = us-gaap_MinimumMember
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Maximum |
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Level 2 input |
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Volatility |
26.48%us-gaap_FairValueAssumptionsExpectedVolatilityRate / us-gaap_RangeAxis = us-gaap_MaximumMember
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Interest rate |
0.56%us-gaap_FairValueAssumptionsRiskFreeInterestRate / us-gaap_RangeAxis = us-gaap_MaximumMember
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Dividend yield |
0.24%us-gaap_FairValueAssumptionsExpectedDividendRate / us-gaap_RangeAxis = us-gaap_MaximumMember
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