Investments in Affiliates Accounted for Using the Equity Method (Details) (USD $)
|
1 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nov. 30, 2014
|
Sep. 30, 2014
|
Sep. 30, 2013
|
Sep. 30, 2014
|
Sep. 30, 2013
|
Dec. 31, 2013
|
Sep. 30, 2014
Charter
|
Sep. 30, 2013
Charter
|
Sep. 30, 2014
Charter
|
Sep. 30, 2013
Charter
|
Sep. 30, 2014
Charter
Franchise fees
|
Sep. 30, 2014
Charter
Trademarks
|
Sep. 30, 2014
Charter
Customer relationships
|
May 31, 2013
Liberty
Charter
|
Sep. 30, 2014
Liberty
Charter
|
|
Investments in affiliates accounted for using the Equity Method | |||||||||||||||
Number of shares of common shares acquired | 26,900,000 | 897,000 | |||||||||||||
Number of warrants acquired | 1,100,000 | ||||||||||||||
Purchase price of equity method investments | $ 2,600,000,000 | $ 124,500,000 | |||||||||||||
Beneficial ownership percentage | 26.00% | 26.00% | 27.00% | ||||||||||||
Ownership percentage | 25.00% | 25.00% | |||||||||||||
Purchase price (in dollars per share) | $ 95.50 | ||||||||||||||
Cash paid to acquire equity method investments | 124,492,000 | 2,565,149,000 | 1,200,000,000 | ||||||||||||
Excess basis allocation within memo accounts | |||||||||||||||
Property and equipment | 417,000,000 | 417,000,000 | |||||||||||||
Intangible assets | 1,359,000,000 | 33,000,000 | 636,000,000 | ||||||||||||
Goodwill | 933,000,000 | 933,000,000 | |||||||||||||
Debt | (215,000,000) | (215,000,000) | |||||||||||||
Deferred income tax liability | (814,000,000) | (814,000,000) | |||||||||||||
Total | 2,349,000,000 | 2,349,000,000 | 2,532,300,000 | ||||||||||||
Useful lives of property and equipment | 7 years | ||||||||||||||
Useful lives of customer relationships | 13 years | ||||||||||||||
Amortization of debt and intangible assets | 21,100,000 | 20,300,000 | 62,000,000 | 24,000,000 | |||||||||||
Carrying value of equity method investment | 2,373,627,000 | 2,373,627,000 | 2,402,024,000 | 2,374,000,000 | 2,374,000,000 | ||||||||||
Market value of equity method investment | 4,201,000,000 | ||||||||||||||
Proceeds from issuance of debt to fund exercise of warrants | 51,300,000 | ||||||||||||||
(Gain) loss on dilution of investment in affiliate | (10,953,000) | (52,163,000) | (61,162,000) | (55,219,000) | 11,000,000 | 52,100,000 | 61,200,000 | 55,200,000 | |||||||
Charter consolidated balance sheet | |||||||||||||||
Cash and cash equivalents | 10,000,000 | 10,000,000 | |||||||||||||
Accounts receivable, net | 270,000,000 | 270,000,000 | |||||||||||||
Property and equipment, net | 8,305,000,000 | 8,305,000,000 | |||||||||||||
Goodwill | 1,170,000,000 | 1,170,000,000 | |||||||||||||
Intangible assets, net | 7,184,000,000 | 7,184,000,000 | |||||||||||||
Other assets | 4,011,000,000 | 4,011,000,000 | |||||||||||||
Total assets | 20,950,000,000 | 20,950,000,000 | |||||||||||||
Accounts payable and accrued liabilities | 1,586,000,000 | 1,586,000,000 | |||||||||||||
Debt | 17,595,000,000 | 17,595,000,000 | |||||||||||||
Deferred income tax liability | 1,610,000,000 | 1,610,000,000 | |||||||||||||
Other liabilities | 62,000,000 | 62,000,000 | |||||||||||||
Equity | 97,000,000 | 97,000,000 | |||||||||||||
Total liabilities and shareholders' equity | 20,950,000,000 | 20,950,000,000 | |||||||||||||
Charter consolidated statement of operations | |||||||||||||||
Revenue | 2,287,000,000 | 6,748,000,000 | |||||||||||||
Operating costs and expenses | (1,518,000,000) | (4,444,000,000) | |||||||||||||
Depreciation and amortization | (535,000,000) | (1,568,000,000) | |||||||||||||
Other operating expenses | (16,000,000) | (42,000,000) | |||||||||||||
Interest expense, net | (217,000,000) | (638,000,000) | |||||||||||||
Gain (loss) on derivative instruments, net | (5,000,000) | 3,000,000 | |||||||||||||
Income tax expense, net | (59,000,000) | (188,000,000) | |||||||||||||
Net loss | $ (53,000,000) | $ (135,000,000) |