Quarterly report pursuant to Section 13 or 15(d)

Assets and Liabilities Measured at Fair Value (Tables)

v3.19.3
Assets and Liabilities Measured at Fair Value (Tables)
 9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
The Company’s assets and liabilities measured at fair value are as follows:
 
 
September 30, 2019
 
December 31, 2018
Description
 
Total
 
Quoted prices
in active
markets
for identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Total
 
Quoted prices
in active
markets
for identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
 
amounts in thousands
Cash equivalents
 
$
363,026

 
363,026

 
—

 
384,071

 
384,071

 
—

Equity securities
 
$
2,208,304

 
2,208,304

 
—

 
1,529,901

 
1,529,901

 
—

Investment in Liberty Broadband
 
$
4,467,508

 
4,467,508

 
—

 
3,074,373

 
3,074,373

 
—

Derivative instrument
 
$
78,061

 
—

 
78,061

 
20,340

 
—

 
20,340

Indemnification obligation
 
$
136,833

 
—

 
136,833

 
78,522

 
—

 
78,522

Exchangeable senior debentures
 
$
579,291

 
—

 
579,291

 
462,336

 
—

 
462,336


Schedule of Realized and Unrealized Gains (Losses) on Financial Instruments
Realized and unrealized gains (losses) on financial instruments, net are comprised of changes in the fair value of the following:
 
 
Three months ended
 
Nine months ended
 
 
September 30,
 
September 30,
 
 
2019
 
2018
 
2019
 
2018
 
 
amounts in thousands
Equity securities
 
$
90,770

 
175,359

 
683,808

 
(53,681
)
Investment in Liberty Broadband
 
19,207

 
366,211

 
1,393,135

 
(36,706
)
Derivative instruments
 
60,640

 
(3,223
)
 
(57,721
)
 
69,329

Indemnification obligation
 
(3,485
)
 
(14,937
)
 
(58,311
)
 
48,671

Exchangeable senior debentures
 
(10,967
)
 
(27,901
)
 
(116,048
)
 
(31,941
)
 
 
$
156,165

 
495,509

 
1,844,863

 
(4,328
)