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LOSS ON DECONSOLIDATION OF SUBSIDIARY | 3 Months Ended
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Mar. 31, 2015
LOSS ON DECONSOLIDATION OF SUBSIDIARY |
LOSS ON DECONSOLIDATION OF SUBSIDIARY | 5. LOSS ON DECONSOLIDATION OF SUBSIDIARY During March 2015, the Company’s sold certain assets and liabilities of its Island Wireless segment. As a result, the Company recorded a loss of approximately $19.9 million arising from the deconsolidation of non-controlling interests of $20.0 million and a gain of $0.1 million arising from an excess of sales proceeds over the carrying value of net assets disposed of. The disposition is included within other income (expense) and does not relate to a strategic shift in the Company’s operations and the subsidiary’s historical results and financial position are presented with continuing operations.

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- Definition The entire disclosure for gain or loss on deconsolidated subsidiaries, which could include the name of the subsidiary. + References No definition available. + Details
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