Sirius XM Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Details 2)

Related Party Transactions (Details 2) (USD $)
In Thousands, unless otherwise specified

Mar. 31, 2014

Dec. 31, 2013

Total

$ 5,143

$ 9,145

Sirius XM Canada [Member]

Deferred programming costs and accrued interest

1,152

2,782

Chip set and other services reimbursement

3,786

2,387

Fair value of host contract of debenture

3,641

^[1]

Fair value of embedded derivative of debenture

^[1]

Total

$ 4,938

$ 8,867

[1]

As of December 31, 2013, we held an investment in CAD $4,000 face value of 8% convertible unsecured subordinated debentures issued by Sirius XM Canada for which the embedded conversion feature was bifurcated from the host contract. Sirius XM Canada redeemed and converted the debentures during the three months ended March 31, 2014.

- Definition

The aggregate amount of receivables to be collected from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth, at the financial statement date. which are usually due within one year (or one business cycle).

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