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 (Tables)

Related Party Transactions (Tables)

3 Months Ended

Mar. 31, 2012

We had the following related party balances at March 31, 2012 and December 31, 2011:



	Related party current assets				Related party long-term assets				Related party current liabilities				Related party long-term liabilities				Related party long-term debt
	March 31, 2012		December 31, 2011		March 31, 2012		December 31, 2011		March 31, 2012		December 31, 2011		March 31, 2012		December 31, 2011		March 31, 2012		December 31, 2011
Liberty Media	$	—	$	—	$	1,122	$	1,212	$	10,461	$	9,722	$	—	$	—	$	329,576	$	328,788
Sirius XM Canada	6,503		14,702		53,107		53,741		6,080		4,580		21,048		21,741		—		—
Total	$	6,503	$	14,702	$	54,229	$	54,953	$	16,541	$	14,302	$	21,048	$	21,741	$	329,576	$	328,788

Liberty Media [Member]

Summary of Related Party Long Term Debt

Liberty Media has advised us that as of March 31, 2012 and December 31, 2011, respectively, it owned the following:



	March 31, 2012		December 31, 2011
8.75% Senior Notes due 2015	$	150,000	$	150,000
9.75% Senior Secured Notes due 2015	50,000		50,000
13% Senior Notes due 2013	76,000		76,000
7% Exchangeable Senior Subordinated Notes due 2014	11,000		11,000
7.625% Senior Notes due 2018	50,000		50,000
Total principal debt	337,000		337,000
Less: discounts	7,424		8,212
Total carrying value debt	$	329,576	$	328,788

SIRIUS XM Canada [Member]

Revenue from Related Party Transactions

We recorded the following revenue from Sirius XM Canada as Other revenue in our consolidated statements of comprehensive income:



	For the Three Months Ended March 31,
	2012
Royalty income	$	7,465
Amortization of Sirius XM Canada deferred income	694
Licensing fee revenue	1,500
Advertising reimbursements	417
Total revenue from Sirius XM Canada	$	10,076

SIRIUS Canada [Member]

Revenue from Related Party Transactions

We recorded the following revenue from Sirius Canada. Royalty income is included in other revenue and dividend income is included in Interest and investment loss in our consolidated statements of comprehensive income:



	For the Three Months Ended March 31,
	2011
Royalty income	$	4,470
Dividend income	238
Total revenue from Sirius Canada	$	4,708

XM Canada [Member]

Revenue from Related Party Transactions

We recorded the following revenue from XM Canada as Other revenue in our consolidated statements of comprehensive income:



	For the Three Months Ended March 31,
	2011
Amortization of XM Canada deferred income	$	694
Subscriber and activation fee royalties	2,623
Licensing fee revenue	1,500
Advertising reimbursements	417
Total revenue from XM Canada	$	5,234