Quarterly report pursuant to Section 13 or 15(d)

Investment in Charter Accounted for Using the Equity Method -Summarized Financial Information (Details)

v3.21.1
Investment in Charter Accounted for Using the Equity Method -Summarized Financial Information (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Investments in affiliates accounted for using the Equity Method      
Current assets $ 1,461,343   $ 1,846,511
Property and equipment, net 1,071,969   1,098,512
Goodwill 764,686   745,577
Other assets 160,466   151,487
Total assets 20,491,042   21,371,124
Current liabilities 676,086   611,762
Deferred income taxes 1,974,045   1,977,643
Long-term debt 4,586,597   4,816,233
Other liabilities 140,910   146,687
Equity 12,798,513   13,502,659
Total liabilities and equity 20,491,042   21,371,124
Operating costs and expenses (excluding depreciation and amortization) 69,178 $ 2,468  
Depreciation and amortization 63,762 493  
Total operating costs and expenses 347,413 11,379  
Operating income (loss) (100,879) (7,275)  
Interest expense, net (33,143) (5,861)  
Other income (expense), net (8,126) 163  
Income tax (expense) benefit (11,785) 2,774  
Net earnings (loss) 52,179 (7,842)  
Less: Net income attributable to noncontrolling interests 41    
Net earnings (loss) attributable to Liberty Broadband shareholders 52,220 (7,842)  
Charter      
Investments in affiliates accounted for using the Equity Method      
Current assets 3,663,000   3,909,000
Property and equipment, net 34,184,000   34,357,000
Goodwill 29,554,000   29,554,000
Intangible assets, net 72,507,000   72,937,000
Other assets 3,531,000   3,449,000
Total assets 143,439,000   144,206,000
Current liabilities 9,916,000   9,875,000
Deferred income taxes 18,227,000   18,108,000
Long-term debt 83,882,000   81,744,000
Other liabilities 4,233,000   4,198,000
Equity 27,181,000   30,281,000
Total liabilities and equity 143,439,000   $ 144,206,000
Revenue 12,522,000 11,738,000  
Operating costs and expenses (excluding depreciation and amortization) 7,711,000 7,432,000  
Depreciation and amortization 2,441,000 2,497,000  
Other operating (income) expenses, net 302,000 7,000  
Total operating costs and expenses 10,454,000 9,936,000  
Operating income (loss) 2,068,000 1,802,000  
Interest expense, net (983,000) (980,000)  
Other income (expense), net 52,000 (326,000)  
Income tax (expense) benefit (216,000) (29,000)  
Net earnings (loss) 921,000 467,000  
Less: Net income attributable to noncontrolling interests (114,000) (71,000)  
Net earnings (loss) attributable to Liberty Broadband shareholders $ 807,000 $ 396,000