Annual report pursuant to Section 13 and 15(d)

Debt (Details 1)

v2.4.0.8
Debt (Details 1) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Debt Instrument [Line Items]      
Total current debt at Holdings $ 507,774 [1] $ 4,234 [1],[2]  
Long-term debt 3,093,821 2,222,080 [2]  
Total debt at Sirius XM 3,601,595 2,435,220 [2]  
Sirius XM Radio Inc. [Member]
     
Debt Instrument [Line Items]      
Total current debt at Sirius XM 974,589    
Long-term debt 3,093,821 2,222,080  
Total debt at Sirius XM 4,068,410    
Loss on fair value of debt and equity instruments 464,102 0 0
Sirius XM Radio Inc. [Member] | 7% Exchangeable Senior Subordinated Notes due 2014 [Member]
     
Debt Instrument [Line Items]      
Loss on fair value of debt and equity instruments 466,815    
Level 2 [Member] | Sirius XM Radio Inc. [Member] | 7% Exchangeable Senior Subordinated Notes due 2014 [Member]
     
Debt Instrument [Line Items]      
Additional fair value associated with the Exchangeable Notes (a) $ 466,815 [3]    
[1] This balance includes $10,959 in related party current maturities as of December 31, 2013.
[2] During the year ended December 31, 2012, we purchased $257,000 of our then outstanding 9.75% Senior Secured Notes due 2015 (the "9.75% Notes") for an aggregate purchase price, including interest, of $281,698. We recognized an aggregate loss on the extinguishment of the 9.75% Notes of $22,184 during the year ended December 31, 2012, consisting primarily of unamortized discount, deferred financing fees and repayment premium, to Loss on extinguishment of debt and credit facilities, net. During the year ended December 31, 2012, we purchased $778,500 of our then outstanding 13% Senior Notes due 2013 (the "13% Notes") for an aggregate purchase price, including interest, of $879,133. We recognized an aggregate loss on the extinguishment of these 13% Notes of $110,542 during the year ended December 31, 2012, consisting primarily of unamortized discount, deferred financing fees and repayment premium, to Loss on extinguishment of debt and credit facilities, net.
[3] In connection with our corporate reorganization in November 2013, the Exchangeable Notes were amended such that the settlement of the conversion feature is into shares of Holdings' common stock and Holdings and Sirius XM became co-obligors with respect to the Exchangeable Notes. As of December 31, 2013, $466,815 was recorded to Sirius XM's consolidated balance sheet in Current maturities of long-term debt for the fair value of the Exchangeable Notes in excess of the carrying amount. Changes in fair value are recorded in Loss on fair value of debt and equity instruments within Sirius XM's consolidated statements of comprehensive income. We recognized $466,815 in Loss on fair value of debt and equity instruments during the year ended December 31, 2013. The additional fair value in excess of the carrying amount of this instrument is eliminated in Holdings' consolidated balance sheets and statements of comprehensive income.