Quarterly report pursuant to Section 13 or 15(d)

Investments in Charter Accounted for Using the Equity Method (Details)

v3.20.2
Investments in Charter Accounted for Using the Equity Method (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
Dec. 31, 2018
Investments in affiliates accounted for using the Equity Method                
Current assets $ 402,492   $ 402,492     $ 52,133    
Other assets 8,772   8,772     9,535    
Total assets 12,861,689   12,861,689     12,256,342    
Current liabilities 16,339   16,339     12,139    
Deferred income tax 1,036,672   1,036,672     999,757    
Long-term debt 1,318,664   1,318,664     572,944    
Other liabilities 2,764   2,764     3,556    
Equity 10,487,250 $ 10,612,172 10,487,250 $ 10,612,172 $ 10,720,734 10,667,946 $ 10,587,060 $ 10,598,618
Total liabilities and equity 12,861,689   12,861,689     12,256,342    
Operating costs and expenses (excluding depreciation and amortization) 2,523 2,323 7,515 6,803        
Depreciation and amortization 56 471 1,041 1,408        
Total operating costs and expenses 20,547 11,301 45,872 31,873        
Operating income (loss) (16,328) (7,588) (33,435) (20,955)        
Interest expense (3,719) (6,123) (14,711) (19,008)        
Other income (expense), net 8 350 199 1,179        
Income tax benefit (expense) (24,979) (9,124) (47,183) (8,474)        
Net earnings (loss)     133,332 25,247        
Net earnings (loss) attributable to Liberty Broadband shareholders 68,960 27,496 133,332 25,247        
Charter                
Investments in affiliates accounted for using the Equity Method                
Current assets 4,063,000   4,063,000     6,537,000    
Property and equipment, net 34,196,000   34,196,000     34,591,000    
Goodwill 29,554,000   29,554,000     29,554,000    
Intangible assets 73,372,000   73,372,000     74,775,000    
Other assets 3,008,000   3,008,000     2,731,000    
Total assets 144,193,000   144,193,000     148,188,000    
Current liabilities 10,256,000   10,256,000     12,385,000    
Deferred income tax 17,929,000   17,929,000     17,711,000    
Long-term debt 77,947,000   77,947,000     75,578,000    
Other liabilities 4,349,000   4,349,000     3,703,000    
Equity 33,712,000   33,712,000     38,811,000    
Total liabilities and equity 144,193,000   144,193,000     $ 148,188,000    
Revenue 12,039,000 11,450,000 35,473,000 34,003,000        
Operating costs and expenses (excluding depreciation and amortization) 7,483,000 7,435,000 22,212,000 21,915,000        
Depreciation and amortization 2,370,000 2,415,000 7,295,000 7,465,000        
Other operating expenses, net 14,000 14,000 23,000 71,000        
Total operating costs and expenses 9,867,000 9,864,000 29,530,000 29,451,000        
Operating income (loss) 2,172,000 1,586,000 5,943,000 4,552,000        
Interest expense (946,000) (963,000) (2,883,000) (2,833,000)        
Other income (expense), net (117,000) (30,000) (413,000) (220,000)        
Income tax benefit (expense) (177,000) (126,000) (372,000) (329,000)        
Net earnings (loss) 932,000 467,000 2,275,000 1,170,000        
Less: Net income attributable to noncontrolling interests (118,000) (80,000) (299,000) (216,000)        
Net earnings (loss) attributable to Liberty Broadband shareholders $ 814,000 $ 387,000 $ 1,976,000 $ 954,000