Quarterly report pursuant to Section 13 or 15(d)

Debt (Details Textual)

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Debt (Details Textual) (USD $)
 9 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
7% Exchangeable Senior Subordinated Notes due 2014 [Member]
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
6.00% Senior Note Due July 15, 2024 [Member]
May 31, 2014
6.00% Senior Note Due July 15, 2024 [Member]
Sep. 30, 2014
4.25% Senior Notes Due 2020 [Member]
Dec. 31, 2013
4.25% Senior Notes Due 2020 [Member]
Sep. 30, 2014
4.625% Senior Notes Due 2023 [Member]
Dec. 31, 2013
4.625% Senior Notes Due 2023 [Member]
Sep. 30, 2014
5.75% Senior Notes due 2021 [Member]
Dec. 31, 2013
5.75% Senior Notes due 2021 [Member]
Sep. 30, 2014
5.875% Senior Notes due 2020 [Member]
Dec. 31, 2013
5.875% Senior Notes due 2020 [Member]
Dec. 31, 2012
Senior Secured Revolving Credit Facility [Member]
Sep. 30, 2014
Senior Secured Revolving Credit Facility [Member]
Dec. 31, 2013
Senior Secured Revolving Credit Facility [Member]
Sep. 30, 2013
8.75% Senior Notes due 2015 [Member]
Sep. 30, 2013
8.75% Senior Notes due 2015 [Member]
Sep. 30, 2013
7.625% Senior Notes due 2018 [Member]
Sep. 30, 2013
7.625% Senior Notes due 2018 [Member]
Debt (Textual) [Abstract]                                              
Number of shares for each $1,000 principal amount on conversion       543.1372                                      
Conversion price per share (in dollars per share)     $ 1.841 $ 1.841                                      
Conversion of 7% Exchangeable Notes to common stock, net of debt issuance and deferred financing costs $ 6,000 $ 45,097,000 $ 6,000                                        
Principal Amount     502,364,000 [1],[2] 502,364,000 [1],[2]     1,500,000,000 [1],[3],[4] 1,500,000,000 [1],[3],[4] 500,000,000 [1],[3] 500,000,000 [1],[3] 500,000,000 [1],[3] 500,000,000 [1],[3] 600,000,000 [1],[3] 600,000,000 [1],[3] 650,000,000 [1],[3] 650,000,000 [1],[3]              
Interest rate on instrument     7.00% [1],[2] 7.00% [1],[2] 7.00% [1],[2] 7.00% 6.00% [1],[3],[4] 6.00% 4.25% [1],[3] 4.25% [1],[3] 4.625% [1],[3] 4.625% [1],[3] 5.75% [1],[3] 5.75% [1],[3] 5.875% [1],[3] 5.875% [1],[3]       8.75% 8.75% 7.625% 7.625%
Unamortized discount               16,875,000 [1],[3]                              
Debt instrument, term                                 5 years            
Credit facility, maximum borrowing capacity                                 1,250,000,000 1,250,000,000 [5] 1,250,000,000 [5]        
Credit facility, unused capacity, commitment fee percentage                                   0.35%          
Credit facility, remaining borrowing capacity                                   1,105,000,000          
Repurchase of debt, amount                                       770,987,000 800,000,000 59,799,000 160,449,000
Amount paid on repurchase of debt 993,772,000 1,085,737,000                                   894,883,000 927,860,000 66,782,000 179,351,000
Gains (losses) on repurchase of debt $ 0 $ (124,348,000)                                   $ (101,063,000) $ (104,818,000) $ (6,908,000) $ (19,530,000)
Maximum consolidated leverage                                   5.00          
[1] The carrying value of the notes are net of the remaining unamortized original issue discount.
[2] 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.
[3] Substantially all of our domestic wholly-owned subsidiaries have guaranteed these notes.
[4] In May 2014, Sirius XM issued $1,500,000 aggregate principal amount of 6.00% Senior Notes due 2024, with an original issuance discount of $16,875.
[5] In December 2012, Sirius XM entered into a five-year Credit Facility with a syndicate of financial institutions for $1,250,000. Sirius XM's obligations under the Credit Facility are guaranteed by certain of its material domestic subsidiaries and are secured by a lien on substantially all of Sirius XM's assets and the assets of its material domestic subsidiaries. Borrowings under the Credit Facility are used for working capital and other general corporate purposes, including dividends, financing of acquisitions and share repurchases. Interest on borrowings is payable on a quarterly basis and accrues at a rate based on LIBOR plus an applicable rate. Sirius XM is also required to pay a variable fee on the average daily unused portion of the Credit Facility and is payable on a quarterly basis. The variable rate for the Credit Facility was 0.35% per annum as of September 30, 2014. As of September 30, 2014, $1,105,000 was available for future borrowing under the Credit Facility. Sirius XM's outstanding borrowings under the Credit Facility are classified as Long-term debt within our unaudited consolidated balance sheets due to the long-term maturity of this debt.