Annual report pursuant to Section 13 and 15(d)

Assets and Liabilities Measured at Fair Value (Tables)

v3.19.3.a.u2
Assets and Liabilities Measured at Fair Value (Tables)
 12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The Company’s assets and liabilities measured at fair value are as follows:
 
 
December 31, 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
 
$
533,484

 
533,484

 
—

 
384,071

 
384,071

 
—

Equity securities
 
$
2,600,008

 
2,600,008

 
—

 
1,529,901

 
1,529,901

 
—

Investment in Liberty Broadband
 
$
5,367,242

 
5,367,242

 
—

 
3,074,373

 
3,074,373

 
—

Derivative instrument liability
 
$
71,305

 
—

 
71,305

 
20,340

 
—

 
20,340

Indemnification obligation
 
$
202,086

 
—

 
202,086

 
78,522

 
—

 
78,522

Exchangeable senior debentures
 
$
658,839

 
—

 
658,839

 
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:
 
 
Years ended December 31,
 
 
2019
 
2018
 
2017
 
 
amounts in thousands
Equity securities
 
$
1,074,736

 
(274,393
)
 
258,629

Investment in Liberty Broadband
 
2,292,869

 
(560,413
)
 
473,342

Derivative instruments
 
(50,965
)
 
75,970

 
(94,807
)
Indemnification obligation
 
(123,564
)
 
70,007

 
NA

Exchangeable senior debentures
 
(190,676
)
 
7,284

 
NA

 
 
$
3,002,400

 
(681,545
)
 
637,164