Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions (Details Textual 2)

v2.4.0.8
Related Party Transactions (Details Textual 2) (USD $)
 3 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
Dec. 31, 2013
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
Sep. 30, 2013
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
Sep. 30, 2014
Common Stock [Member]
Sep. 30, 2014
Liberty Media [Member]
Sep. 30, 2014
Liberty Media [Member]
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
Dec. 31, 2013
Liberty Media [Member]
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
Sep. 30, 2014
Liberty Media [Member]
Related Party Current Liabilities [Member]
Dec. 31, 2013
Liberty Media [Member]
Related Party Current Liabilities [Member]
Sep. 30, 2014
Liberty Media [Member]
Related Party Current Liabilities [Member]
Level 2 [Member]
Dec. 31, 2013
Liberty Media [Member]
Related Party Current Liabilities [Member]
Level 2 [Member]
Dec. 31, 2013
Liberty Media [Member]
Common Stock [Member]
October 2013 Share Repurchase Program [Member]
Apr. 25, 2014
Liberty Media [Member]
Common Stock [Member]
October 2013 Share Repurchase Program [Member]
Oct. 09, 2013
Liberty Media [Member]
Common Stock [Member]
October 2013 Share Repurchase Program [Member]
Apr. 25, 2014
Liberty Media [Member]
Common Stock [Member]
Amended October 2013 Share Repurchase Program [Member]
Sep. 30, 2013
Liberty Media [Member]
Common Stock [Member]
Amended October 2013 Share Repurchase Program [Member]
Sep. 30, 2014
Sirius XM Canada [Member]
Sep. 30, 2013
Sirius XM Canada [Member]
Sep. 30, 2014
Sirius XM Canada [Member]
Sep. 30, 2013
Sirius XM Canada [Member]
Dec. 31, 2013
Sirius XM Canada [Member]
Jul. 31, 2008
Sirius XM Canada [Member]
Related Party Transaction [Line Items]                                                    
Stock repurchase program, authorized amount                                   $ 500,000,000                
Stock repurchased and retired during period, value                               160,000,000     340,000,000              
Derivatives asset (liability), fair value                       0 [1] (15,702,000) [1] 0 [1] (15,702,000) [1]                      
Stock repurchased and retired during period, value     1,955,826,000         2,006,013,000                       340,000,000 [2]            
Share price (in dollars per share)                                 $ 3.66                  
Loss on change in value of derivatives 0 0 34,485,000 0         34,485,000                                  
7% Exchangeable Senior Subordinated Notes due 2014         502,364,000 [3],[4]         11,000,000 11,000,000                              
Investment balance, carrying value                                         1,292,000   1,292,000   26,972,000  
Investment, equity method goodwill and intangible assets                                         1,292,000   1,292,000   26,161,000  
Related party deferred revenue, current                                         2,776,000   2,776,000   2,776,000  
Related party deferred revenue, non current                                         14,109,000   14,109,000   16,190,000  
Estimated fair value of deferred revenue from XM Canada                                                   34,000,000
Interest rate on instrument         7.00% [3],[4] 7.00% [3],[4] 7.00%     7.00% 7.00%                              
Dividend received from unconsolidated entity investment     $ 12,873,000 $ 17,707,000                                 $ 4,591,000 $ 4,727,000 $ 39,046,000 $ 12,209,000    
[1] The final installment under the share repurchase agreement with Liberty Media was settled on April 25, 2014. The fair value of the derivative associated with the share repurchase agreement was determined using observable inputs, including the U.S. spot LIBOR curve and other available market data and was recorded in our unaudited consolidated balance sheets in Related party current liabilities, with changes in fair value recorded to our unaudited statements of comprehensive income
[2] On October 9, 2013, we entered into an agreement to repurchase $500,000 of our common stock from Liberty Media. Pursuant to this agreement, we repurchased $160,000 of our common stock from Liberty Media in 2013. On April 25, 2014, we completed the final purchase installment and repurchased 92,888,561 shares of our common stock for $340,000 from Liberty Media at a price of $3.66 per share. As there were certain terms in the forward purchase contract with Liberty Media that could have caused the obligation not to be fulfilled, the instrument was classified as a liability and was marked to fair value with any gain or loss recorded to our unaudited consolidated statements of comprehensive income. We recognized $34,485 to Loss on change in value of derivatives in our unaudited consolidated statements of comprehensive income during the nine months ended September 30, 2014.
[3] The carrying value of the notes are net of the remaining unamortized original issue discount.
[4] Sirius XM and Holdings are co-obligors with respect to the Exchangeable Notes. The Exchangeable Notes are senior subordinated obligations and rank junior in right of payment to our existing and future senior debt and equally in right of payment with our existing and future senior subordinated debt. Substantially all of our domestic wholly-owned subsidiaries guarantee our obligations under these notes on a senior subordinated basis. The Exchangeable Notes are exchangeable at any time at the option of the holder into shares of our common stock at an exchange rate of 543.1372 shares of common stock per $1,000 principal amount of the notes, which is equivalent to an approximate exchange price of $1.841 per share of common stock. During the three months ended September 30, 2014, $6 of the Exchangeable Notes were converted into shares of our common stock. During the three and nine months ended September 30, 2014, the common stock reserved for conversion in connection with the Exchangeable Notes was considered to be dilutive in our calculation of diluted net income per share and anti-dilutive during the three and nine months ended September 30, 2013.