Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended |
Sep. 30, 2013 | |
Document And Entity Information [Abstract] | ' |
Document Type | 'S-4 |
Amendment Flag | 'false |
Document Period End Date | 30-Sep-13 |
Entity Registrant Name | 'APX Group Holdings, Inc. |
Entity Central Index Key | '0001584423 |
Entity Filer Category | 'Non-accelerated Filer |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] |
Series A Preferred Stock [Member] | Series D Preferred Stock [Member] | Series A Preferred Stock [Member] | Series D Preferred Stock [Member] | ||||
Current Assets: | ' | ' | ' | ' | ' | ' | ' |
Cash | $111,733 | $8,090 | ' | ' | $3,680 | ' | ' |
Accounts receivable, net | 2,547 | 10,503 | ' | ' | 5,873 | ' | ' |
Inventories, net | 36,661 | 32,327 | ' | ' | 56,488 | ' | ' |
Deferred tax assets | ' | 8,124 | ' | ' | ' | ' | ' |
Prepaid expenses and other current assets | 12,216 | 16,229 | ' | ' | 10,867 | ' | ' |
Total current assets | 163,157 | 75,273 | ' | ' | 76,908 | ' | ' |
Property and equipment, net | 29,236 | 30,206 | ' | ' | 26,440 | ' | ' |
Subscriber contract costs, net | 267,004 | 12,753 | ' | ' | 534,013 | ' | ' |
Deferred financing costs, net | 56,206 | 57,322 | ' | ' | 4,189 | ' | ' |
Intangible assets, net | 882,733 | 1,053,019 | ' | ' | 706 | ' | ' |
Goodwill | 837,419 | 876,642 | ' | ' | ' | ' | ' |
Restricted cash | 28,428 | 28,428 | ' | ' | 1,349 | ' | ' |
Long-term investments and other assets, net | 27,358 | 21,705 | ' | ' | 1,375 | ' | ' |
Total assets | 2,291,541 | 2,155,348 | ' | ' | 644,980 | ' | ' |
Current Liabilities: | ' | ' | ' | ' | ' | ' | ' |
Accounts payable | 27,792 | 26,037 | ' | ' | 25,264 | ' | ' |
Accrued payroll and commissions | 87,854 | 20,446 | ' | ' | 14,604 | ' | ' |
Accrued expenses and other current liabilities | 61,220 | 38,232 | ' | ' | 8,354 | ' | ' |
Liability-contracts sold | ' | ' | ' | ' | 12,063 | ' | ' |
Deferred revenue | 28,291 | 19,391 | ' | ' | 20,091 | ' | ' |
Current portion of revolving line of credit | ' | ' | ' | ' | 18,741 | ' | ' |
Current portion of capital lease obligations | 3,632 | 4,001 | ' | ' | 2,804 | ' | ' |
Total current liabilities | 208,789 | 108,107 | ' | ' | 101,921 | ' | ' |
Notes payable | 1,508,385 | 1,305,000 | ' | ' | 605,000 | ' | ' |
Long-term portion of revolving line of credit | ' | 28,000 | ' | ' | ' | ' | ' |
Liability-contracts sold, net of current portion | ' | ' | ' | ' | 62,094 | ' | ' |
Capital lease obligations, net of current portion | 2,918 | 4,768 | ' | ' | 5,075 | ' | ' |
Deferred revenue, net of current portion | 17,237 | 708 | ' | ' | 34,566 | ' | ' |
Other long-term obligations | 11,562 | 2,257 | ' | ' | 19,384 | ' | ' |
Deferred income tax liabilities | 11,298 | 27,229 | ' | ' | 439 | ' | ' |
Total liabilities | 1,760,189 | 1,476,069 | ' | ' | 828,479 | ' | ' |
Commitments and contingencies | ' | ' | ' | ' | ' | ' | ' |
Equity (deficit): | ' | ' | ' | ' | ' | ' | ' |
Common stock and additional paid-in capital | 651,849 | 708,453 | ' | ' | ' | ' | ' |
Accumulated deficit | -117,444 | -30,102 | ' | ' | -234,982 | ' | ' |
Accumulated other comprehensive (loss) income | -3,053 | 928 | ' | ' | 162 | ' | ' |
Total APX Group, Inc. stockholders' deficit | 531,352 | 679,279 | ' | ' | -187,983 | ' | ' |
Preferred stock | ' | ' | ' | ' | ' | ' | ' |
Common stock | ' | ' | ' | ' | 1 | ' | ' |
Additional paid-in capital | ' | 708,453 | ' | ' | 46,836 | ' | ' |
Non-controlling interests | ' | ' | ' | ' | 4,484 | ' | ' |
Total equity (deficit) | ' | 679,279 | ' | ' | -183,499 | ' | ' |
Total liabilities and equity (deficit) | $2,291,541 | $2,155,348 | ' | ' | $644,980 | ' | ' |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 |
Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Series A Preferred Stock [Member] | Series D Preferred Stock [Member] | Series A common stock [Member] | Series B common stock [Member] | Common Class C [Member] | ||
Preferred stock, par value | ' | $0.01 | $0.01 | ' | ' | ' |
Preferred stock, shares authorized | ' | 25,563 | 50,000 | ' | ' | ' |
Preferred stock, issued | ' | 25,000 | 45,259 | ' | ' | ' |
Preferred stock, outstanding | ' | 25,000 | 45,259 | ' | ' | ' |
Common stock, par value | $0.01 | ' | ' | $0.01 | $0.01 | $0.01 |
Common stock, shares authorized | 100 | ' | ' | 25,563 | 25,563 | 1,550 |
Common stock, shares issued | 100 | ' | ' | 25,000 | 25,000 | ' |
Common stock, shares outstanding | 100 | ' | ' | 25,000 | 25,000 | ' |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Operations (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Revenues: | ' | ' | ' | ' | ' | ' |
Monitoring revenue | $49,122 | $334,344 | $272,604 | $325,271 | $287,974 | $212,692 |
Service and other sales revenue | 8,473 | 32,902 | 57,411 | 66,811 | 38,544 | 10,403 |
Activation fees | 11 | 951 | 4,461 | 5,331 | 4,891 | 3,208 |
Contract sales | ' | ' | ' | 157 | 8,539 | 12,575 |
Total revenues | 57,606 | 368,197 | 334,476 | 397,570 | 339,948 | 238,878 |
Costs and expenses: | ' | ' | ' | ' | ' | ' |
Operating expenses | 20,699 | 124,336 | 118,698 | 145,797 | 126,563 | 73,252 |
Cost of contract sales | ' | ' | ' | 95 | 6,425 | 7,602 |
Selling expenses | 12,284 | 75,394 | 44,175 | 91,559 | 48,978 | 30,667 |
General and administrative expenses | 9,521 | 65,910 | 49,358 | 99,972 | 50,510 | 36,834 |
Transaction related expenses | 31,885 | ' | ' | 23,461 | ' | ' |
Depreciation and amortization | 11,410 | 142,967 | 66,666 | 79,679 | 68,458 | 45,294 |
Total costs and expenses | 85,799 | 408,607 | 278,897 | 440,563 | 300,934 | 193,649 |
(Loss) income from operations | -28,193 | -40,410 | 55,579 | -42,993 | 39,014 | 45,229 |
Other expenses: | ' | ' | ' | ' | ' | ' |
Interest expense, net | -12,641 | ' | ' | -106,559 | -101,855 | -69,470 |
Interest expense | ' | 83,309 | 89,932 | ' | ' | ' |
Interest income | -4 | -1,087 | -54 | -61 | -64 | -59 |
Other (income) expenses | 171 | 233 | 114 | 122 | 386 | 397 |
Gain on 2GIG Sale | ' | -47,122 | ' | ' | ' | ' |
(Loss) income from continuing operations before income tax expenses | -41,005 | -75,743 | -34,413 | -149,674 | -63,227 | -24,638 |
Income tax (benefit) expense | -10,903 | 11,598 | 5,195 | 4,923 | -3,739 | 4,320 |
Loss from continuing operations | -30,102 | -87,341 | -39,608 | -154,597 | -59,488 | -28,958 |
Discontinued operations: | ' | ' | ' | ' | ' | ' |
Income (loss) from discontinued operations | ' | ' | -239 | -239 | -2,917 | ' |
Net loss before non-controlling interests | -30,102 | -87,341 | -39,847 | -154,836 | -62,405 | -28,958 |
Net (loss) income attributable to non-controlling interests | ' | ' | 3,556 | -1,319 | 6,141 | -5,300 |
Net (loss) income | ($30,102) | ($87,341) | ($43,403) | ($153,517) | ($68,546) | ($23,658) |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statements of Comprehensive Loss (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Net loss before non-controlling interests | ($30,102) | ($87,341) | ($39,847) | ($154,836) | ($62,405) | ($28,958) |
Other comprehensive income (loss), net of tax effects: | ' | ' | ' | ' | ' | ' |
Change in fair value of interest rate swap agreement | ' | ' | 318 | 318 | 563 | 179 |
Foreign currency translation adjustment | 928 | -3,981 | 1,969 | 708 | -1,734 | 1,709 |
Total other comprehensive (loss) income | 928 | -3,981 | 2,287 | 1,026 | -1,171 | 1,888 |
Comprehensive loss before non-controlling interests | -29,174 | -91,322 | -37,560 | -153,810 | -63,576 | -27,070 |
Comprehensive (loss) income attributable to non-controlling interests | ' | ' | 3,556 | -1,319 | 6,141 | -5,300 |
Comprehensive (loss) income | ($29,174) | ($91,322) | ($41,116) | ($152,491) | ($69,717) | ($21,770) |
Statement_of_Shareholders_Equi
Statement of Shareholders' Equity (USD $) | Predecessor [Member] | Successor [Member] | Series B common stock [Member] | Series B common stock [Member] | Additional Paid-in Capital [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Retained Earnings [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Accumulated Other Comprehensive Income (Loss) [Member] | Noncontrolling Interest [Member] | Noncontrolling Interest [Member] |
In Thousands | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | ||
Beginning Balance at Dec. 31, 2009 | ($141,688) | ' | $1 | ' | $2,507 | ' | ($141,778) | ' | ($555) | ' | ($1,863) | ' |
Net (loss) income | -28,958 | ' | ' | ' | ' | ' | -23,658 | ' | ' | ' | -5,300 | ' |
Change in fair value of interest rate swap agreement | 179 | ' | ' | ' | ' | ' | ' | ' | 179 | ' | ' | ' |
Foreign currency translation adjustment | 1,709 | ' | ' | ' | ' | ' | ' | ' | 1,709 | ' | ' | ' |
Stock-based compensation | 551 | ' | ' | ' | 551 | ' | ' | ' | ' | ' | ' | ' |
Cash dividends paid | -1,000 | ' | ' | ' | ' | ' | -1,000 | ' | ' | ' | ' | ' |
Ending Balance at Dec. 31, 2010 | -169,207 | ' | 1 | ' | 3,058 | ' | -166,436 | ' | 1,333 | ' | -7,163 | ' |
Net (loss) income | -62,405 | ' | ' | ' | ' | ' | -68,546 | ' | ' | ' | 6,141 | ' |
Change in fair value of interest rate swap agreement | 563 | ' | ' | ' | ' | ' | ' | ' | 563 | ' | ' | ' |
Foreign currency translation adjustment | -1,734 | ' | ' | ' | ' | ' | ' | ' | -1,734 | ' | ' | ' |
Equity contributions to Solar | 5,224 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,224 | ' |
Stock-based compensation | 780 | ' | ' | ' | 498 | ' | ' | ' | ' | ' | 282 | ' |
Issuance of Series D preferred stock and warrants, net of issuance costs and amount allocated to liability | 43,280 | ' | ' | ' | 43,280 | ' | ' | ' | ' | ' | ' | ' |
Ending Balance at Dec. 31, 2011 | -183,499 | ' | 1 | ' | 46,836 | ' | -234,982 | ' | 162 | ' | 4,484 | ' |
Net (loss) income | -39,847 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Foreign currency translation adjustment | 1,969 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ending Balance at Sep. 30, 2012 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance at Dec. 31, 2011 | -183,499 | ' | 1 | ' | 46,836 | ' | -234,982 | ' | 162 | ' | 4,484 | ' |
Net (loss) income | -154,836 | ' | ' | ' | ' | ' | -153,517 | ' | ' | ' | -1,319 | ' |
Change in fair value of interest rate swap agreement | 318 | ' | ' | ' | ' | ' | ' | ' | 318 | ' | ' | ' |
Foreign currency translation adjustment | 708 | ' | ' | ' | ' | ' | ' | ' | 708 | ' | ' | ' |
Stock-based compensation | 2,371 | ' | ' | ' | 1,780 | ' | ' | ' | ' | ' | 591 | ' |
Issuance of Series D preferred stock and warrants, net of issuance costs and amount allocated to liability | 4,454 | ' | ' | ' | 4,454 | ' | ' | ' | ' | ' | ' | ' |
Change in fair value of warrant | 1,047 | ' | ' | ' | 1,047 | ' | ' | ' | ' | ' | ' | ' |
Solar share issuance | 14,193 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 14,193 | ' |
Cash dividends paid | -80 | ' | ' | ' | ' | ' | ' | ' | ' | ' | -80 | ' |
Elimination of the predecessor equity structure and non-controlling interests | ' | 315,324 | ' | -1 | ' | -54,117 | ' | 388,499 | ' | -1,188 | ' | -17,869 |
Investment by Parent | ' | 708,453 | ' | ' | ' | 708,453 | ' | ' | ' | ' | ' | ' |
Ending Balance at Nov. 16, 2012 | -315,324 | 708,453 | 1 | ' | 54,117 | 708,453 | -388,499 | ' | 1,188 | ' | 17,869 | ' |
Net (loss) income | ' | -30,102 | ' | ' | ' | ' | ' | -30,102 | ' | ' | ' | ' |
Foreign currency translation adjustment | ' | 928 | ' | ' | ' | ' | ' | ' | ' | 928 | ' | ' |
Ending Balance at Dec. 31, 2012 | ' | 679,279 | ' | ' | ' | 708,453 | ' | -30,102 | ' | 928 | ' | ' |
Net (loss) income | ' | -87,341 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Foreign currency translation adjustment | ' | ($3,981) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ending Balance at Sep. 30, 2013 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statements of Cash Flows (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Cash flows from operating activities: | ' | ' | ' | ' | ' | ' |
Net loss | ($30,102) | ($87,341) | ($39,608) | ($154,597) | ($59,488) | ($28,958) |
Loss from discontinued operations | ' | ' | -239 | -239 | -2,917 | ' |
Adjustments to reconcile net loss to net cash (used in) provided by operating activities of continuing operations: | ' | ' | ' | ' | ' | ' |
Amortization of subscriber contract costs | 181 | 12,815 | 60,184 | 72,005 | 61,546 | 39,361 |
Amortization of customer relationships | 10,058 | 120,391 | ' | 325 | ' | ' |
Depreciation and amortization | 11,229 | 9,760 | 6,484 | 7,676 | 7,571 | 5,933 |
Amortization of deferred financing costs | 1,032 | 6,430 | 5,590 | 6,619 | 7,709 | 5,632 |
Gain on sale of 2GIG | ' | -47,122 | ' | ' | ' | ' |
Gain on change in fair value of warrant liability | ' | ' | ' | -287 | ' | ' |
Gain on change in fair value of warrant liability | ' | ' | -287 | ' | ' | ' |
Loss on sale or disposal of assets | -45 | 400 | 117 | 119 | 380 | 6 |
Stock-based compensation | ' | 1,317 | 490 | 2,371 | 780 | 551 |
Non-cash adjustments to deferred revenue | ' | 1,075 | ' | ' | ' | ' |
Deferred income taxes | -13,120 | 8,592 | 1,110 | 1,421 | -4,458 | 5,036 |
Changes in operating assets and liabilities, net of acquisitions and divestiture: | ' | ' | ' | ' | ' | ' |
Accounts receivable | 3,640 | -1,442 | -5,141 | -9,697 | -3,062 | -51 |
Inventories | -257 | -15,782 | 12,183 | 20,111 | -42,329 | -3,993 |
Prepaid expenses and other current assets | -6,870 | 5,035 | 7,482 | 2,305 | -6,017 | -2,445 |
Accounts payable | -1,034 | 1,085 | 11,093 | 11,793 | 8,137 | -1,802 |
Accrued expenses and other liabilities | 14,271 | 100,028 | 53,887 | 109,515 | -18,372 | -885 |
Deferred revenue | -4,168 | 24,430 | 19,300 | 26,256 | 13,678 | 14,936 |
Net cash (used in) provided by operating activities | -25,243 | 139,671 | 132,645 | 95,371 | -36,842 | 33,321 |
Cash flows from investing activities: | ' | ' | ' | ' | ' | ' |
Subscriber acquisition costs | -12,938 | -267,232 | -241,742 | -263,731 | -203,577 | -163,713 |
Capital expenditures | -1,456 | -5,788 | -3,455 | -5,894 | -6,521 | -1,879 |
Proceeds from the sale of 2GIG, net of cash sold | ' | 144,750 | ' | ' | ' | ' |
Proceeds from the sale of capital assets | ' | 9 | 274 | 274 | 185 | ' |
Acquisition of the predecessor including transaction costs, net of cash acquired | -1,915,473 | -4,272 | ' | ' | ' | ' |
Other assets | -19,587 | -8,189 | -1,172 | -743 | 2,310 | -3,573 |
Net cash used in investing activities | -1,949,454 | -140,722 | -246,095 | -270,094 | -207,603 | -169,165 |
Cash flows from financing activities: | ' | ' | ' | ' | ' | ' |
Proceeds from notes payable | 1,305,000 | 203,500 | 116,163 | 116,163 | 187,500 | 62,500 |
Borrowings from revolving line of credit | 28,000 | 22,500 | 49,500 | 105,000 | 87,300 | 6,650 |
Repayments on revolving line of credit | ' | -50,500 | -42,241 | -42,241 | -75,209 | 6,650 |
Change in restricted cash | ' | ' | 448 | -152 | -1,348 | 72,104 |
Repayments of capital lease obligations | -353 | -5,208 | -3,407 | -4,060 | -2,357 | -1,224 |
Deferred financing costs | -58,354 | -5,429 | -6,684 | -6,684 | -2,000 | -2,345 |
Payments of dividends | ' | -60,000 | -75 | -80 | 0 | -1,000 |
Proceeds from issuance of preferred stock and warrants | ' | ' | 4,562 | 4,562 | 45,068 | ' |
Proceeds from the issuance of common stock in connection with acquisition of the predecessor. | 708,453 | ' | ' | ' | ' | ' |
Proceeds from issuance of preferred stock by Solar | ' | ' | 9,729 | 5,000 | 5,000 | ' |
Capital contributions-non-controlling interest | ' | ' | ' | 9,193 | 224 | ' |
Excess tax benefit from share-based payment awards | ' | ' | ' | 2,651 | ' | ' |
Net cash (used in) provided by financing activities | 1,982,746 | 104,863 | 127,995 | 189,352 | 244,178 | 136,685 |
Effect of exchange rate changes on cash | 41 | -169 | 161 | -251 | 247 | 1,708 |
Net (decrease) increase in cash | 8,090 | 103,643 | 14,706 | 14,378 | -20 | 2,549 |
Beginning of period | ' | 8,090 | 3,680 | 3,680 | 3,700 | 1,151 |
End of period | 8,090 | 111,733 | 18,386 | 18,058 | 3,680 | 3,700 |
Supplemental cash flow disclosures: | ' | ' | ' | ' | ' | ' |
Income tax paid | ' | 482 | 367 | 2,235 | 198 | -664 |
Interest paid | 44 | 61,420 | 77,061 | 91,470 | 82,333 | 52,508 |
Supplemental non-cash flow disclosure: | ' | ' | ' | ' | ' | ' |
Capital lease additions | $574 | $2,988 | $4,266 | $4,729 | $4,907 | $6,151 |
Description_of_Business
Description of Business | 12 Months Ended |
Dec. 31, 2012 | |
Accounting Policies [Abstract] | ' |
Description of Business | ' |
NOTE 1—DESCRIPTION OF BUSINESS | |
APX Group Holdings, Inc. (“Holdings” or “Parent”), and its wholly-owned subsidiaries, (collectively the “Company”), is one of the largest residential security and home automation companies in North America. The Company is engaged in the sale, installation, servicing and monitoring of electronic home security and automation systems in the United States and Canada. | |
On November 16, 2012, APX Group, Inc. (“APX”), 2GIG Technologies, Inc. (“2GIG”), and their respective subsidiaries were acquired by an investor group comprised of certain investment funds affiliated with Blackstone Capital Partners VI L.P., and certain co-investors and management investors (collectively, the “Investors”). This stock acquisition was accomplished through certain mergers and related reorganization transactions (collectively, the “Merger”) pursuant to which each of APX and 2GIG, and their respective subsidiaries became indirect wholly-owned subsidiaries of 313 Acquisition LLC, an entity wholly-owned by the Investors. | |
As a result of the Merger, Vivint, Inc. and its wholly-owned subsidiaries and 2GIG and its wholly-owned subsidiaries collectively became wholly-owned by APX Group, Inc., which is wholly-owned by APX Group Holdings, Inc., which is wholly-owned by APX Parent Holdco, Inc., which is wholly owned by 313 Acquisition, LLC. APX Parent Holdco, Inc. and APX Group Holdings, Inc. have no operations and were formed for the purpose of facilitating the Merger. |
Significant_Accounting_Policie
Significant Accounting Policies | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||
Significant Accounting Policies | ' | ||||||||||||
NOTE 2—SIGNIFICANT ACCOUNTING POLICIES | |||||||||||||
Basis of Presentation—As a result of the Merger, the consolidated financial statements are presented on two bases of accounting and are not necessarily comparable: January 1, 2010 through November 16, 2012 (the “Predecessor Period” or “Predecessor” as context requires) and November 17, 2012 through December 31, 2012 (the “Successor Period” or “Successor” as context requires), which relate to the period preceding the Merger and the period succeeding the Merger, respectively. The audited consolidated financial statements for the Predecessor Period are presented for APX Group, Inc. and its wholly-owned subsidiaries, including variable interest entities. The audited consolidated financial statements for the Successor Period reflect the Merger presenting the financial position and results of operations of APX Group Holdings, Inc. and its wholly-owned subsidiaries. The financial position and results of operations of the Successor are not comparable to the financial position and results of operations of the Predecessor due to the Merger and the basis of presentation of purchase accounting as compared to historical cost in accordance with Accounting Standards Codification (“ASC”) 805 Business Combinations. | |||||||||||||
The consolidated financial statements for the Predecessor and Successor include the financial position and results of operations of the following entities: | |||||||||||||
Successor | Predecessor | ||||||||||||
APX Group Holdings, Inc. | — | ||||||||||||
APX Group, Inc. | APX Group, Inc. | ||||||||||||
Vivint, Inc. | Vivint, Inc. | ||||||||||||
Vivint Canada, Inc. | Vivint Canada, Inc. | ||||||||||||
ARM Security, Inc. | ARM Security, Inc. | ||||||||||||
AP AL, LLC | AP AL, LLC | ||||||||||||
Vivint Purchasing, LLC | Vivint Purchasing, LLC | ||||||||||||
Vivint Servicing, LLC | Vivint Servicing, LLC | ||||||||||||
2GIG Technologies, Inc. | 2GIG Technologies, Inc. | ||||||||||||
2GIG Technologies Canada, Inc. | 2GIG Technologies Canada, Inc. | ||||||||||||
— | V Solar Holdings, Inc. | ||||||||||||
— | Vivint Solar, Inc. | ||||||||||||
313 Aviation, LLC | — | ||||||||||||
The Successor and Predecessor Period include substantially the same operating entities except that Vivint Solar, Inc. and its subsidiaries (“Solar”) is not included in the Successor Period since Solar is separately owned and is no longer a consolidated variable interest entity. | |||||||||||||
Principles of Consolidation—The accompanying Successor consolidated financial statements include the accounts of APX Group Holdings, Inc. and its subsidiaries, including 2GIG as a wholly-owned subsidiary. The accompanying Predecessor consolidated financial statements include APX Group, Inc. and its subsidiaries, and 2GIG and Solar, which were variable interest entities (or “VIE’s”) prior to the Merger (See Note 7). All significant intercompany balances and transactions have been eliminated in consolidation. | |||||||||||||
The financial information presented in the accompanying consolidated financial statements reflects the financial position and operating results of Smart Grid as discontinued operations (See Note 6). | |||||||||||||
Changes in Presentation of Comparative Financial Statements—Contract fulfillment revenue, which represents payments received from customers who cancel their contract in-term and was previously presented separately, is included in service and other sales revenue to conform to the current year presentation. Intangible assets that were previously included in long-term investments and other assets are presented in intangible assets, net. These changes did not have a significant impact on the consolidated financial statements. | |||||||||||||
Revenue Recognition—The Company recognizes revenue principally on four types of transactions: (i) monitoring, which includes revenues for monitoring of the Company’s subscriber contracts and certain subscriber contracts that have been sold, (ii) activation fees on the Company’s contracts, which are amortized over the expected life of the customer, (iii) service and other sales, which includes services provided on contracts, contract fulfillment revenue, sales of products that are not part of the basic equipment package and revenue from 2GIG, and (iv) contract sales. | |||||||||||||
Monitoring services for the Company’s subscriber contracts are billed in advance, generally monthly, pursuant to the terms of subscriber contracts and recognized ratably over the service period. Revenue from monitoring contracts that have been sold is recognized monthly as services are provided based on rates negotiated as part of the contract sales. Costs of providing ongoing monitoring services are expensed in the period incurred. | |||||||||||||
Activation fees are charged to a customer when a new account is opened. This revenue is deferred and recognized over a pattern that reflects the estimated life of a customer relationship, generally 12 years. | |||||||||||||
Service and other sales revenue is recognized as services are provided or when title to the products and equipment sold transfers to the customer. Contract fulfillment revenue, included in service and other sales, is recognized when payment is received from customers who cancel their contract in-term. Revenue from sales of products that are not part of the basic equipment package is recognized upon delivery of products. | |||||||||||||
Also included in service and other sales revenue is net recurring services revenue, which is based on back-end services, provided by Alarm.com, for all panels sold to distributors and direct-sell dealers and subsequently placed in service in end-user locations. The Company receives a fixed monthly amount from Alarm.com for each system installed with non-Vivint customers that use the Alarm.com platform. | |||||||||||||
Revenue from the sale of subscriber contracts is recognized when ownership of the contracts has transferred to the purchaser. Any unamortized deferred revenue and costs related to contract sales are recognized at the time of the sale. | |||||||||||||
Subscriber Contract Costs—A portion of the direct costs of acquiring new subscribers, primarily sales commissions, equipment, and installation costs, are deferred and recognized over a pattern that reflects the estimated life of the subscriber relationships. The Company amortizes these costs using a 150% declining balance method over 12 years for both the Successor Period and Predecessor Period. The Company evaluates subscriber account attrition on a periodic basis, utilizing observed attrition rates for the Company’s subscriber contracts and industry information and, when necessary, makes adjustments to the estimated subscriber relationship period and amortization method. | |||||||||||||
In conjunction with the Merger and in accordance with purchase accounting, the total purchase price was allocated to the Company’s net tangible and identifiable intangible assets based on their estimated fair values established, in part, with the assistance of an independent appraisal firm as of November 16, 2012 (See Note 3). The Company recorded the value of Subscriber Contract Costs on the date of the Transactions at fair value and classified it as an intangible asset which is amortized over 10 years in a pattern that is consistent with the amount of revenue expected to be generated from the related subscriber contracts. | |||||||||||||
Cash Held for Other Contract Owners—Prior to the Merger, the Company collected monthly cash payments for monitoring services for certain contracts that had been sold and then remitted these payments to the owners of those contracts. The Company offset this cash against the corresponding payable and, as a result, these balances do not appear on the consolidated balance sheets. In connection with the Merger, these subscriber contracts were repurchased by the Company and are now part of its subscriber account base at December 31, 2012. As of December 31, 2011, the Company had approximately $2,507,000 of cash and corresponding accounts payable that had been collected for other contract owners. | |||||||||||||
Restricted Cash—Restricted cash is cash that is restricted for a specific purpose and cannot be included in the general cash account. At December 31, 2012, the restricted cash was held by a third-party trustee. At December 31, 2011, the Company held restricted cash in a bank primarily related to the Solar credit facility. | |||||||||||||
Accounts Receivable—Accounts receivable consist primarily of amounts due from customers for recurring monthly monitoring services. The accounts receivable are recorded at invoiced amounts and are non-interest bearing. The gross amount of accounts receivable has been reduced by an allowance for doubtful accounts of $2,301,000 and $1,903,000 at December 31, 2012 and 2011, respectively. The Company estimates this allowance based on historical collection rates, subscriber attrition rates, and contractual obligations underlying the sale of the subscriber contracts to third parties. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. As of December 31, 2012 and 2011, no accounts receivable were classified as held for sale. | |||||||||||||
The changes in the Company’s allowance for accounts receivable were as follows for the years ended (in thousands): | |||||||||||||
Successor | Predecessor | ||||||||||||
Period from | Period from | December 31, | |||||||||||
November 17, | January 1, | 2011 | |||||||||||
through | through | ||||||||||||
December 31, | November 16, | ||||||||||||
2012 | 2012 | ||||||||||||
Beginning balance | $ | 3,649 | $ | 1,903 | $ | 1,484 | |||||||
Bad debt expense | 1,307 | 8,204 | 7,026 | ||||||||||
Write-offs and adjustments | (2,655 | ) | (6,458 | ) | (6,607 | ) | |||||||
Balance at end of period | $ | 2,301 | $ | 3,649 | $ | 1,903 | |||||||
Inventories—Inventories, which comprise home automation and security system equipment and parts, are stated at the lower of cost or market with cost determined under the first-in, first-out (FIFO) method. The Company records an allowance for excess and obsolete inventory based on anticipated obsolescence, usage and historical write-offs. | |||||||||||||
Long-lived Assets and Intangibles—Property and equipment are stated at cost and depreciated on the straight-line method over the estimated useful lives of the assets or the lease term, whichever is shorter. Intangible assets with definite lives are amortized over the remaining estimated economic life of the underlying technology or relationships, which ranges from 5 to 10 years. Amortization expense associated with leased assets is included with depreciation expense. Routine repairs and maintenance are charged to expense as incurred. Intangible assets are amortized on the straight-line method over the estimated useful life of the asset or in a pattern in which the economic benefits of the intangible asset are consumed. The Company periodically assesses potential impairment of its long-lived assets and intangibles and performs an impairment review whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The Company has no intangible assets with indefinite useful lives. | |||||||||||||
Deferred Financing Costs—Costs incurred in connection with obtaining debt financing are deferred and amortized utilizing the straight-line method, which approximates the effective-interest method, over the life of the related financing. If such financing is paid off or replaced prior to maturity with debt instruments that have substantially different terms, the unamortized costs are charged to expense. In connection with refinancing the debt, in conjunction with the Transactions the Company wrote off $3,451,000 related to unamortized deferred financing costs associated with the Credit Agreement. Deferred financing costs included in the accompanying consolidated balance sheets at December 31, 2012 and 2011 were $57,322,000 and $4,189,000, net of accumulated amortization of $1,032,000 and $16,445,000, respectively. Amortization expense on deferred financing costs recognized and included in interest expense, net, in the accompanying consolidated statements of operations, totaled $1,032,000 for the Successor Period ended December 31, 2012, $6,619,000 for the Predecessor Period ended November 16, 2012 and $7,709,000 and $5,632,000 for the years ended December 31, 2011 and 2010, respectively. | |||||||||||||
Residual Income Plan—Prior to the Merger, the Company had a program that allowed sales representatives to elect to defer commission payments and for third-party sales channel partners to receive additional compensation based on the performance of the underlying contracts they created during the season. The Company calculated the present value of the expected future payments and recognized this amount in the period the commissions were earned. Subsequent accretion and adjustments to the estimated liability were recorded as interest and other expense, respectively. The Company monitored actual payments and customer attrition on a periodic basis and, when necessary, made adjustments to the liability. In connection with the Merger, the Company settled its obligation to the employee participants of this plan. The obligation related to commissions owed to third-party channel partners was not settled in connection with the Merger, and this program continued after the Merger. The amount included in accrued expenses and other current liabilities was $1,418,000 at December 31, 2012, representing the present value of the estimated amounts owed to third-party sales channel partners. The amount included in other long-term obligations was $11,515,000 at December 31, 2011. | |||||||||||||
Stock-Based Compensation—The Company measures compensation cost based on the grant-date fair value of the award and recognizes that cost over the requisite service period of the awards (See Note 13). | |||||||||||||
Advertising Expense—Advertising costs are expensed as incurred. Advertising costs were approximately $1,686,000 for the Successor Period ended December 31, 2012, $8,204,000 for the Predecessor Period ended November 16, 2012 and $8,505,000 and $3,834,000 for the years ended December 31, 2011 and 2010, respectively. | |||||||||||||
Income Taxes—The Company accounts for income taxes based on the asset and liability method. Under the asset and liability method, deferred tax assets and deferred tax liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Valuation allowances are established when necessary to reduce deferred tax assets when it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. | |||||||||||||
The Company recognizes the effect of an uncertain income tax position on the income tax return at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. The Company’s policy for recording interest and penalties is to record such items as a component of the provision for income taxes. | |||||||||||||
Liability—Contracts Sold—During 2007 and 2008, the Company received approximately $118,136,000 in proceeds from the sale of certain subscriber contracts to a third-party. Concurrently, the Company entered into an agreement with the buyer to continue providing monitoring and support services for the contracts that were sold. Following the initial one-year warranty period from the date of the sales, the Company had no obligation under the terms of the sales agreement to make any additional payments to the seller. In August 2012, the Company agreed to repurchase the contracts upon a change of control, as defined. As a result of this continuing involvement on the part of the Company in the servicing of the contracts, accounting guidance precluded gain recognition at the time of the sales. Accordingly, the Company recorded a liability for the proceeds received at the time of the sales and amortized the liability using the effective interest method over twelve years, the expected life of the subscriber contracts. The Company recorded the monthly fees from these contracts as monitoring revenue in the statements of operations. In connection with the Merger, these contracts were re-acquired and, as a result, the related liability was satisfied. | |||||||||||||
Interest Income—Interest income is included with interest expense, net on the consolidated statements of operations and totaled approximately $4,000 for the Successor Period ended December 31, 2012, $61,000 for the Predecessor Period ended November 16, 2012 and $64,000 and $59,000 for the years ended December 31, 2011 and 2010, respectively. | |||||||||||||
Use of Estimates—The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. | |||||||||||||
Concentrations of Credit Risk—Financial instruments that potentially subject the Company to concentration of credit risk consist principally of receivables and cash. At times during the year, the Company maintains cash balances in excess of insured limits. The Company is not dependent on any single customer or geographic location. The loss of a customer would not adversely impact the Company’s operating results or financial position. | |||||||||||||
Interest Rate Swap Agreement—The Company formally documents the relationship between its hedging instrument (interest rate swap agreement) and the hedged item (term loan borrowings), as well as its risk-management objective and strategy for undertaking the hedge transaction. This process includes linking the interest rate swap agreement that is designated as a cash flow hedge to the specific liability on the balance sheet. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the interest rate swap that is used as a hedging transaction is highly effective in offsetting changes in cash flows of the hedged item. Any change in the fair value of the instrument, which is highly effective, is included as a component of accumulated other comprehensive income until earnings are affected by the variability of cash flows. The net payments are recognized as an increase or decrease to interest expense in the consolidated statements of operations. If the Company determines that the interest rate swap is no longer highly effective as a hedge or that it has ceased to be a highly effective hedge, the Company will discontinue hedge accounting prospectively (See Note 5). | |||||||||||||
Fair Value Measurement—Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: | |||||||||||||
Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. | |||||||||||||
Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. | |||||||||||||
Level 3: Unobservable inputs are used when little or no market data is available. | |||||||||||||
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during fiscal 2012 or 2011. | |||||||||||||
The carrying amounts of the Company’s accounts receivable, accounts payable and accrued and other liabilities approximate their fair values due to their short maturities. | |||||||||||||
Goodwill—Goodwill represents the amount by which the total purchase consideration exceeded the fair value of the tangible and intangible assets acquired in the Merger. This goodwill primarily resulted from the expected growth in the business, partly based on historical performance, resulting from the potential to increase recurring monthly revenue to existing customers by offering them additional services and the potential to continue growing the overall subscriber base through the Company’s existing sales channels. The Company conducts a goodwill impairment analysis annually and as necessary if changes in facts and circumstances indicate that the fair value of the Company’s reporting units may be less than its carrying amount. The Company’s goodwill impairment test consists of two steps. The first step requires that the Company compare the estimated fair value of its reporting units to the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit is greater than the carrying value of its net assets, goodwill is not considered to be impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value of its net assets, the Company would be required to complete the second step of the test by analyzing the fair value of its goodwill. If the carrying value of the goodwill exceeds its fair value, an impairment charge is recorded. | |||||||||||||
Foreign Currency Translation and Other Comprehensive Income—The functional currency of Vivint Canada, Inc. is the Canadian dollar. Accordingly, assets and liabilities are translated from Canadian dollars into U.S. dollars at year-end rates and revenue and expenses are translated at the weighted-average exchange rates for the year. Adjustments resulting from this translation process are classified as other comprehensive income (loss) and shown as a separate component of equity. | |||||||||||||
Letters of Credit—At December 31, 2012, the Company had $2,168,000 of unused letters of credit associated with workers compensation and a bond line for the Company’s corporate, sales and installation personnel. | |||||||||||||
New Accounting Pronouncement—In July 2012, the FASB issued guidance regarding testing indefinite-lived intangible assets for impairment. The guidance provides an entity the option to assess qualitative factors to determine whether the existence of events and circumstances leads to the determination that it is more likely than not (a likelihood of more than 50 percent) that the indefinite-lived intangible asset is impaired. If the entity concludes that it is more likely than not that the asset is impaired, it is required to determine the fair value of the intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying value. If the entity concludes otherwise, no further quantitative assessment is required. This guidance is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, although early adoption is permitted. The adoption of this guidance is not expected to have an impact on the Company’s results of operations, financial position or cash flows. | |||||||||||||
In January 2013, the FASB issued Accounting Standards Update No. 2013-02 – Comprehensive Income, which requires an entity to provide information about the amounts reclassified from accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of its income statement or in its notes, significant amounts reclassified from accumulated other comprehensive income by the net income line item. This update is effective for periods beginning after December 15, 2012. The adoption of this guidance is not expected to have a material impact on the Company’s results of operations, financial position or cash flows. | |||||||||||||
Subsequent Events—The Company has evaluated subsequent events through April 30, 2013, the date the financial statements were available to be issued. |
Business_Combination
Business Combination | 9 Months Ended | 12 Months Ended | ||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||
Business Combinations [Abstract] | ' | ' | ||||||||
Business Combination | ' | ' | ||||||||
NOTE 2—BUSINESS COMBINATIONS | NOTE 3—BUSINESS COMBINATION | |||||||||
Blackstone Acquisition | As described in Note 1, the Merger was completed on November 16, 2012 and was financed by a combination of equity invested by affiliates of The Blackstone Group, certain co-investors, the Company’s management and certain employees and borrowings under senior credit facilities. The Company’s management and certain employees invested approximately $155,160,000 in the form of a rollover of their equity in APX and 2GIG and cash investments were used to repay all outstanding borrowings under the Predecessor’s secured credit facilities, pay Predecessor shareholders, purchase equity units of Acquisition LLC and pay transaction fees and expenses. As part of the Merger, as of December 31, 2012, there was $28,428,000, held in escrow and presented as restricted cash in the accompanying financial statements for payments to employees that will be due in the next three years. At the time of the Transactions, approximately $54,300,000 was placed in escrow to cover potential adjustments to the total purchase consideration associated with general representations and warranties and adjustments to tangible net worth, in accordance with the terms of the Merger’s escrow agreement. This amount is included in the total purchase consideration discussed below. The remaining escrow balance, after all adjustments are made in accordance with the escrow agreement, are expected to be paid to the former Company shareholders no later than the second quarter of 2014. Because these amounts held in escrow are not controlled by the Company, they are not included in the accompanying consolidated balance sheets. | |||||||||
As described in Note 1, the Merger was completed on November 16, 2012 and was financed by a combination of equity invested by affiliates of The Blackstone Group, certain co-investors, the Company’s management and certain employees and borrowings under senior credit facilities. The Company’s management and certain employees invested approximately $155,160,000, primarily in the form of a reinvestment of their equity in APX and 2GIG. Cash investments were used to repay all outstanding borrowings under the Predecessor’s secured credit facilities, pay Predecessor stockholders, purchase equity units of 313 Acquisition LLC and pay transaction fees and expenses. As part of the Merger, as of September 30, 2013, there was $28,428,000 held in escrow and presented as restricted cash in the accompanying financial statements for payments to employees that will be due in the three years following the Merger. | Purchase Consideration | |||||||||
At the time of the Transactions, approximately $54,300,000 was placed in escrow to cover potential adjustments to the total purchase consideration associated with general representations and warranties and adjustments to tangible net worth, in accordance with the terms of the Merger’s escrow agreement. This amount is included in the total purchase consideration discussed below. The remaining escrow balance, after all adjustments are made in accordance with the escrow agreement, is expected to be paid to the former Company stockholders no later than the second quarter of 2014. Because these amounts held in escrow are not controlled by the Company, they are not included in the accompanying unaudited condensed consolidated balance sheets. | The following table summarizes the preliminary purchase price consideration (in thousands): | |||||||||
Consideration Transferred | ||||||||||
The determination of the final purchase price is subject to potential adjustments, primarily related to the finalization of income taxes and the escrow amounts discussed above. The following table summarizes the preliminary components of cash paid to acquire the Company (in thousands): | ||||||||||
Revolving line of credit | $ | 10,000 | ||||||||
Issuance of bonds, net of issuance costs | 1,246,646 | |||||||||
Revolving line of credit | $ | 10,000 | Contributed equity | 713,821 | ||||||
Issuance of bonds, net of issuance costs | 1,246,646 | Less: Transaction costs | (31,540 | ) | ||||||
Contributed equity | 713,821 | Less: Net worth adjustment | (5,368 | ) | ||||||
Less: Transaction costs | (31,540 | ) | ||||||||
Less: Net worth adjustment | (3,289 | ) | Total purchase consideration | $ | 1,933,559 | |||||
Total consideration transferred | $ | 1,935,638 | Purchase Price Allocation | |||||||
The preliminary purchase price of approximately $1,933,559,000 includes the purchase of all outstanding stock, settlement of the Predecessor’s debt, settlement of stock-based awards, payments to employees under long-term incentive arrangements, transaction fees and expenses and purchase of subscriber accounts held by third parties. Payments to employees consisted of payments to officers, employees and directors as change in control payments and special retention bonuses. On the date of the Transactions, the Company paid $28,428,000 or 50% of the amount due to employees under long-term incentive arrangements. The remaining 50% will be paid in two equal payments on the second and third anniversary dates of the Merger. In addition to the payments under these long-term incentive arrangements, the Company also incurred $48,586,000 of costs related to bonus and other payments to employees directly related to the Transactions. These employee expenses are included in total costs and expenses in the Predecessor Period Consolidated Statement of Operations. | ||||||||||
The preliminary purchase price of approximately $1,935,638,000 includes the purchase of all outstanding stock, settlement of the Predecessor’s debt, settlement of stock-based awards, payments to employees under long-term incentive arrangements, transaction fees and expenses and purchase of subscriber accounts held by third parties. Payments to employees consisted of payments to officers, employees and directors as change in control payments and special retention bonuses. On the date of the Transactions, the Company paid $28,428,000 or 50% of the amount due to employees under long-term incentive arrangements. The remaining 50% will be paid in two equal payments on the second and third anniversary dates of the Merger. | The estimated fair values of the assets acquired and liabilities assumed are based on information obtained from various sources including, the Company’s management and historical experience. The fair value of the intangible assets was determined using the income and the cost approaches. Key assumptions used in the determination of fair value include projected cash flows, subscriber attrition rates and discount rates between 8% and 14%. | |||||||||
The estimated fair values of the assets acquired and liabilities assumed are based on information obtained from various sources including, the Company’s management and historical experience. The fair value of the intangible assets was determined using the income and the cost approaches. Key assumptions used in the determination of fair value include projected cash flows, subscriber attrition rates and discount rates between 8% and 14%. | ||||||||||
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | |||||||||
Current assets acquired | $ | 73,239 | Current assets acquired | $ | 73,239 | |||||
Property, plant and equipment | 29,293 | Property, plant and equipment | 29,293 | |||||||
Other assets | 30,535 | Other assets | 30,535 | |||||||
Intangible assets (See Note 8) | 1,062,300 | Intangible assets | 1,062,300 | |||||||
Goodwill | 878,450 | Goodwill | 876,371 | |||||||
Current liabilities assumed | (100,258 | ) | Current liabilities assumed | (100,258 | ) | |||||
Deferred income tax liability | (32,144 | ) | Deferred income tax liability | (32,144 | ) | |||||
Other liabilities | (5,777 | ) | Other liabilities | (5,777 | ) | |||||
Total fair value of the assets acquired and liabilities assumed | $ | 1,935,638 | Total purchase price allocation | $ | 1,933,559 | |||||
The Company is still finalizing the allocation of goodwill resulting from the Transactions. This goodwill is not deductible for income tax purposes. The change in the carrying amount of goodwill during the nine months ended September 30, 2013, is a result of the 2GIG Sale and the effect of foreign currency translation and certain income tax uncertainties. | The determination of the final purchase price and purchase price allocation is subject to potential adjustments, primarily related to the escrow amount discussed above and income taxes. | |||||||||
Goodwill resulting from the Transactions is not expected to be deductible for income tax purposes. | ||||||||||
Transaction Related Costs | Transaction Related Costs | |||||||||
The Company incurred costs associated with the Transactions of approximately $31,885,000 in the period from November 17, 2012 through December 31, 2012 and approximately $23,461,000 in the period from January 1, 2012 through November 16, 2012, $4,097,000 of which was incurred during the nine months ended September 30, 2012. These costs consist of accounting, investment banking, legal and professional fees and payments to employees directly associated with the Transactions and are included in the accompanying unaudited condensed consolidated statements of operations. | The Company incurred costs associated with the Transactions of approximately $31,885,000 in the Successor Period and approximately $23,461,000 in the Predecessor Period. These costs consist of accounting, investment banking, legal and professional fees and employee expenses directly associated with the Transactions and are included in the accompanying consolidated statements of operations. | |||||||||
Smartrove Acquisition | ||||||||||
On May 29, 2013, a wholly-owned subsidiary of the Company, Vivint Wireless, Inc. (“Vivint Wireless”), completed a 100% stock acquisition of Smartrove. Pursuant to the terms of the stock purchase agreement, Vivint Wireless acquired the business for aggregate cash consideration of $4,275,000, of which $870,000 is held in escrow. This strategic acquisition was made to provide Vivint Wireless with full ownership of certain intellectual property used in its operations. | ||||||||||
The determination of the final purchase price is subject to potential adjustments, primarily related to the finalization of income taxes and the escrow amounts discussed above. The associated goodwill is not deductible for income tax purposes. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | ||||||||||
Net assets acquired from Smartrove | $ | 3 | ||||||||
Deferred income tax liability | (1,533 | ) | ||||||||
Intangible assets (See Note 8) | 4,040 | |||||||||
Goodwill | 1,765 | |||||||||
Total fair value of the assets acquired and liabilities assumed | $ | 4,275 | ||||||||
Transaction Related Costs | ||||||||||
During the nine months ended September 30, 2013, the Company incurred costs associated with the Smartrove Acquisition, which were not material, consisting of accounting, investment banking, legal and professional fees and payments to employees directly associated with the acquisition. These costs are included in the accompanying unaudited condensed consolidated statements of operations. |
Liquidity
Liquidity | 12 Months Ended |
Dec. 31, 2012 | |
Text Block [Abstract] | ' |
Liquidity | ' |
NOTE 4—LIQUIDITY | |
The Company had a working capital deficit of $(32,834,000) and $(25,013,000) as of December 31, 2012 and 2011, respectively. In order to meet its current working capital requirements, the Company will rely on its existing cash flows from operations along with available borrowings from its revolving line of credit (see Note 5) and proceeds from the 2GIG Sale (as defined in Note 19). Although the Company does not intend to sell contracts, it could do so to generate liquidity. The Company believes that these sources of funds are sufficient to sustain its operations through December 31, 2013. While the Company is making its best efforts to achieve the above plans, there is no assurance that any such activity will generate funds that will be sufficient to sustain operations. |
LongTerm_Debt
Long-Term Debt | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ' | ||||||||||||||||||||
Long-Term Debt | ' | ' | ||||||||||||||||||||
NOTE 4—LONG-TERM DEBT | NOTE 5—LONG-TERM DEBT | |||||||||||||||||||||
On November 16, 2012, in connection with the Merger, APX issued $925,000,000 of 6.375% Senior Secured Notes due 2019 (the “Senior Secured Notes”) and $380,000,000 of 8.75% Senior Notes due 2020 (the “Senior Notes” and together with the Senior Secured Notes, the “Notes”). APX also entered into a new Senior Secured Revolving Credit Facility under which APX borrowed $10,000,000 at closing. In a subsequent offering, on May 31, 2013, APX issued an additional $200,000,000 of 8.75% Senior Notes due 2020 at a price of 101.75% under the indenture dated as of November 16, 2012. | On November 16, 2012, in connection with the Merger, the Company issued $925,000,000 of 6.375% Senior Secured Notes due 2019 and $380,000,000 of 8.75% Senior Notes due 2020. The Company also entered into a new Senior Secured Revolving Credit Facility under which the Company borrowed $10,000,000 at closing. | |||||||||||||||||||||
The Company’s debt at September 30, 2013 consisted of the following (in thousands): | The Company’s debt at December 31, 2012 and 2011 consisted of the following (in thousands): | |||||||||||||||||||||
Outstanding | Unamortized | Net Carrying | Successor | Predecessor | ||||||||||||||||||
Principal | Premium | Amount | December 31, | December 31, | ||||||||||||||||||
6.375% Senior Secured Notes due 2019 | $ | 925,000 | $ | — | $ | 925,000 | 2012 | 2011 | ||||||||||||||
8.75% Senior Notes due 2020 | 580,000 | 3,385 | 583,385 | Revolving credit facility | $ | 28,000 | $ | — | ||||||||||||||
6.375% Senior Secured Notes due 2019 | 925,000 | — | ||||||||||||||||||||
Total Notes payable | $ | 1,505,000 | $ | 3,385 | $ | 1,508,385 | 8.75% Senior Notes due 2020 | 380,000 | — | |||||||||||||
Dual draw term loan due 2013 | — | 355,000 | ||||||||||||||||||||
The Company’s debt at December 31, 2012 consisted of the following (in thousands): | Term loan due 2013 | — | 250,000 | |||||||||||||||||||
Revolving line of credit | — | 18,741 | ||||||||||||||||||||
Outstanding | Unamortized | Net Carrying | Total debt | 1,333,000 | 623,741 | |||||||||||||||||
Principal | Premium | Amount | Less: Current portion of long-term debt | — | 18,741 | |||||||||||||||||
Revolving credit facility | $ | 28,000 | $ | — | $ | 28,000 | ||||||||||||||||
6.375% Senior Secured Notes due 2019 | 925,000 | — | 925,000 | Total Long-term debt | $ | 1,333,000 | $ | 605,000 | ||||||||||||||
8.75% Senior Notes due 2020 | 380,000 | — | 380,000 | |||||||||||||||||||
Total Notes payable | $ | 1,333,000 | $ | — | $ | 1,333,000 | Successor | |||||||||||||||
Notes | ||||||||||||||||||||||
Senior Secured Notes and Senior Notes | In connection with the Merger on November 16, 2012, APX issued $1,305,000,000 aggregate principal amount of notes, of which $925,000,000 aggregate principal amount of 6.375% senior secured notes due 2019 (the “outstanding 2019 notes”) mature on December 1, 2019 and are secured on a first-priority lien basis by substantially all of the tangible and intangible assets whether now owned or hereafter acquired by the Company, subject to permitted liens and exceptions, and $380,000,000 aggregate principal amount of 8.75% senior notes due 2020 (the “outstanding 2020 notes” and together with the outstanding 2019 notes, the “notes”), which mature on December 1, 2020. In a subsequent offering, on May 31, 2013, the Company issued an additional $200,000,000 of 8.75% Senior Notes due 2020 at a price of 101.75% under the indenture dated as of November 16, 2012. Interest on the notes accrues at the rate of 6.375% per annum for the outstanding 2019 notes and 8.75% per annum for the outstanding 2020 notes. Interest on the notes is payable semiannually in arrears on each June 1 and December 1, commencing June 1, 2013. The Company may redeem each series of the notes, in whole or part, at any time at a redemption price equal to the principal amount of the notes to be redeemed, plus a make-whole premium and any accrued and unpaid interest at the redemption date. In addition, APX may redeem the notes at the prices and on the terms specified in the applicable indenture. | |||||||||||||||||||||
In connection with the Merger on November 16, 2012, APX issued $1,305,000,000 aggregate principal amount of notes, of which $925,000,000 aggregate principal amount of 6.375% senior secured notes due 2019 mature on December 1, 2019 and are secured on a first-priority lien basis by substantially all of the tangible and intangible assets whether now owned or hereafter acquired by the Company, APX, and the subsidiary guarantors subject to permitted liens and exceptions, and $380,000,000 aggregate principal amount of 8.75% senior notes due 2020, which mature on December 1, 2020. As discussed above, in May 2013, APX issued an additional $200,000,000 of 8.75% Senior Notes at a price of 101.75%. Interest on the Notes accrues at the rate of 6.375% per annum for the Senior Secured Notes and 8.75% per annum for the Senior Notes. Interest on the Notes is payable semiannually in arrears on each June 1 and December 1, commencing June 1, 2013. APX may redeem each series of the Notes, in whole or part, at any time at a redemption price equal to the principal amount of the Notes to be redeemed, plus a make-whole premium and any accrued and unpaid interest at the redemption date. In addition, APX may redeem the Notes at the prices and on the terms specified in the applicable indenture. | In connection with each issuance of the notes, the Company entered into an Exchange and Registration Rights Agreement (each a “Registration Rights Agreement”) with the initial purchasers of the notes, dated November 16, 2012 and May 8, 2013, respectively. Under the applicable Registration Rights Agreement, the Company has agreed to (i) file with the Securities and Exchange Commission a registration statement with respect to an exchange offer registered under the Securities Act to exchange the notes of each series for an issue of notes (except the exchange notes will not contain transfer restrictions or any increase to annual interest rate) and (ii) to use commercially reasonable efforts to cause the exchange offer registration statement to be declared effective under the Securities Act by February 7, 2014. | |||||||||||||||||||||
In connection with the issuance of the Notes, the Company entered into an Exchange and Registration Rights Agreement (the “Registration Rights Agreement”) with the initial purchasers of the Notes, dated November 16, 2012. In accordance with the Registration Rights Agreement, the Company filed a registration statement Form S-4 with the Securities and Exchange Commission with respect to an exchange offer to exchange the Notes of each series for an issue of Notes (except the Exchange Notes do not contain transfer restrictions). The exchange offer was completed on October 29, 2013. | Revolving Credit Facility | |||||||||||||||||||||
Revolving Credit Facility | In connection with the Merger, APX, the Company and the other guarantors entered into a revolving credit facility in the aggregate principal amount of $200,000,000. Borrowings bear interest based on the London Interbank Offered Rate (“LIBOR”) or, at the Company’s option, an alternative base rate, plus spread, based upon the Company’s consolidated first lien leverage ratio at the end of each fiscal quarter and a commitment fee of 0.50% on unused portions of the revolving credit facility. The borrowings are due November 16, 2017, which may be repaid at any time without penalty. | |||||||||||||||||||||
In connection with the Merger, APX, the Company and the other guarantors entered into a revolving credit facility in the aggregate principal amount of $200,000,000. Borrowings bear interest based on the London Interbank Offered Rate (“LIBOR”) or, at the Company’s option, an alternative base rate, plus spread, based upon the Company’s consolidated first lien leverage ratio at the end of each fiscal quarter and a commitment fee on unused portions of the revolving credit facility. The borrowings are due November 16, 2017, which may be repaid at any time without penalty. | Scheduled Maturities | |||||||||||||||||||||
Scheduled Maturities | The scheduled maturities of long-term debt at December 31, 2012 are as follows (in thousands): | |||||||||||||||||||||
The scheduled maturities of long-term debt at September 30, 2013 are as follows (in thousands): | ||||||||||||||||||||||
2013 | $ | — | ||||||||||||||||||||
2018 and thereafter | 1,505,000 | 2014 | — | |||||||||||||||||||
2015 | — | |||||||||||||||||||||
2016 | — | |||||||||||||||||||||
2017 | 28,000 | |||||||||||||||||||||
2018 and thereafter | 1,305,000 | |||||||||||||||||||||
Total | $ | 1,333,000 | ||||||||||||||||||||
Predecessor | ||||||||||||||||||||||
Notes Payable | ||||||||||||||||||||||
In conjunction with the Merger, the Company repaid its outstanding obligation to a group of lenders under the Third Amended and Restated Credit and Guaranty Agreement dated September 27, 2010 (the “Credit Agreement”), as amended, that provided for maximum borrowings of $690,000,000, consisting of an $85,000,000 revolving line of credit, $250,000,000 of dual draw term loans and up to $355,000,000 of term loans. As of December 31, 2011, the following obligations were outstanding, $250,000,000 of dual draw term loans, $355,000,000 of term loans and $18,741,000 of the revolving line of credit. At the time of closing, on November 16, 2012, in conjunction with the Transactions the Company wrote off approximately $3,451,000 of unamortized debt issuance costs associated with the Credit Agreement. | ||||||||||||||||||||||
The borrowings bore interest at either (1) the Base Rate, which is the greater of the (i) prime rate (3.25% at December 31, 2011) and (ii) Federal Funds Effective Rate plus 0.5%, but no less than 6% per annum, plus the Applicable Margin of 9%, or (2) the LIBOR Rate 0.2836% at December 31, 2011), but no less than 3% per annum, plus the Applicable Margin of 10%, at the Company’s election at the time of drawing on the loans. The Company elected LIBOR plus 10%. The weighted average interest rate for borrowings due under the Credit Agreement was 13.95% as of December 31, 2011. | ||||||||||||||||||||||
On February 28, 2012, the Company executed the Fourth Amended and Restated Credit and Guaranty Agreement (the “Fourth Credit Agreement”). The Fourth Credit Agreement increased the maximum borrowings from $690,000,000 to $762,000,000 and extended the maturity date to April 30, 2013. | ||||||||||||||||||||||
Unused fees of 1.25% accrued on the unused portion of the revolving credit facility, depending on the utilization percentage. The Company was required to make monthly payments of interest. Borrowings were collateralized by substantially all assets of the Company as a first priority lien. | ||||||||||||||||||||||
Undisbursed term loan proceeds along with the proceeds of sales of customer contracts were held by an agent for the lenders until collateral requirements were met and the funds requested were made available for Company use. There were no undisbursed proceeds held by the agent for the lenders at December 31, 2011. | ||||||||||||||||||||||
The credit agreement also included certain covenants that required, among other things, limitations on additional indebtedness and capital expenditures, restrictions on distributions, debt ratios and minimum liquidity as defined in the Fourth Credit Agreement, and specified financial reporting. As of December 31, 2011, the Company was compliant with the covenants under the Credit Agreement. | ||||||||||||||||||||||
Interest Rate Swap Agreement | ||||||||||||||||||||||
The Company entered into an interest rate swap agreement in 2009 to reduce its exposure to adverse movements in interest rates of a notional amount of $50,000,000 related to the Company’s term loan discussed above. The instrument was stated at fair value and recorded in other long-term obligations in the accompanying consolidated balance sheets. The Company designated the interest rate swap as a cash-flow hedge and, therefore, any change in the fair value of the instrument, which was highly effective, was included as a component of accumulated other comprehensive income until earnings were affected by the variability of cash flows. The net payments were recognized as an increase or decrease to interest expense in the consolidated statements of operations. The swap agreement expired on July 2, 2012. |
Discontinued_Operations
Discontinued Operations | 12 Months Ended | ||||||||
Dec. 31, 2012 | |||||||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||||||
Discontinued Operations | ' | ||||||||
NOTE 6—DISCONTINUED OPERATIONS | |||||||||
During the first quarter of 2012, the Company abandoned Smart Grid, a component of its energy management business. The circumstances leading up to the abandonment included a shift in the strategic direction for Smart Grid within the energy management framework. There were no operations in fiscal 2010 and all operating activity ceased during the second quarter of 2012. No income taxes were recorded on discontinued operations because the tax effect was immaterial and the tax benefit of the loss was offset by a valuation allowance. | |||||||||
The following table presents discontinued operations of the disposed business component (in thousands): | |||||||||
Predecessor | |||||||||
Period from | Year ended | ||||||||
January 1, | December 31, | ||||||||
through | 2011 | ||||||||
November 16, | |||||||||
2012 | |||||||||
Revenue, net | $ | 91 | $ | 336 | |||||
Operating loss | (329 | ) | (1,938 | ) | |||||
Interest expense | (1 | ) | — | ||||||
Impairment of acquired intangible asset | — | (1,315 | ) | ||||||
Total discontinued operations | $ | (239 | ) | $ | (2,917 | ) | |||
Variable_Interest_Entities
Variable Interest Entities | 9 Months Ended | 12 Months Ended | ||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||
Text Block [Abstract] | ' | ' | ||||
Variable Interest Entities | ' | ' | ||||
NOTE 5—VARIABLE INTEREST ENTITIES | NOTE 7—VARIABLE INTEREST ENTITIES | |||||
Accounting rules require the primary beneficiary of a variable interest entity (“VIE”) to include the financial position and results of operations of the VIE in its condensed consolidated financial statements. The Predecessor unaudited condensed consolidated financial statements include APX Group, Inc. and its subsidiaries, and 2GIG and Solar, which were VIE’s prior to the Merger in the Predecessor Period. Following the Merger, 2GIG became a wholly-owned subsidiary. Because Solar is no longer dependent on the Company for ongoing financial support and the Company is no longer the primary beneficiary, Solar is no longer a variable interest entity of the Company. Therefore, Solar is excluded from the accompanying Successor unaudited condensed consolidated financial statements. In connection with the Merger, the Investors purchased Solar for $75,000,000 and became the primary beneficiary and, as a result, the Solar financial position and results of operations are not consolidated by the Company in the Successor Period. | Accounting rules require the primary beneficiary of a VIE to include the financial position and results of operations of the VIE in its consolidated financial statements. The Predecessor consolidated financial statements include APX Group, Inc. and its subsidiaries, and 2GIG and Solar, which were VIE’s prior to the Merger in the Predecessor Period. Following the Merger, 2GIG became a wholly-owned subsidiary and Solar is no longer a variable interest entity of the Company and the Company is no longer the primary beneficiary. In connection with the Merger, the Investors purchased Solar for $75,000,000 and became the primary beneficiary and as a result, the financial position and results of operations are not consolidated by the Company in the Successor Period. | |||||
2GIG | 2GIG | |||||
2GIG is engaged in the manufacture, wholesale distribution, and monitoring of electronic home security and automation systems primarily in the United States and Canada. 2GIG supplies the majority of the equipment used by the Company in its security systems installations. Sales of this equipment to other legal entities owned or consolidated by the Company represented approximately 71% of 2GIG’s total sales during 2013 through April 1, 2013, the date of the 2GIG Sale. The Company determined that 2GIG was a VIE, prior to the Merger, and the Company was the primary beneficiary because Vivint, Inc. was 2GIG’s largest customer, 2GIG was dependent on Vivint, Inc. for ongoing financial support and because the Company, through its related parties, had the ability to control the operations of 2GIG. Accordingly, as indicated above, the financial position and results of operations are consolidated by the Company for the Predecessor Period. Non-controlling interests in the unaudited condensed consolidated financial statements include the portion of equity and results of operations related to 2GIG. The assets of 2GIG were restricted in that they are only available to settle the obligations of 2GIG and not of the Company and similarly, the creditors of 2GIG have no recourse to the general assets of the Company. | 2GIG is engaged in the manufacture, wholesale distribution, and monitoring of electronic home security and automation systems primarily in the United States and Canada. 2GIG supplies the majority of the equipment used by the Company in its security systems installations. Sales of this equipment to other legal entities owned or consolidated by the Company represent approximately 53% of 2GIG’s total sales. The Company determined that 2GIG was a VIE, prior to the Merger, and the Company was the primary beneficiary because Vivint, Inc. was 2GIG’s largest customer, 2GIG was dependent on Vivint, Inc. for ongoing financial support and because the Company, through its related parties, had the ability to control the operations of 2GIG. Accordingly, as indicated above, the financial position and results of operations are consolidated by the Company for the Predecessor Period. Non-controlling interests in the consolidated financial statements include the portion of equity and results of operations related to 2GIG. The assets of 2GIG were restricted in that they are only available to settle the obligations of 2GIG and not of the Company and similarly, the creditors of 2GIG have no recourse to the general assets of the Company. | |||||
Solar | ||||||
Solar, formed in April 2011, installs solar panels on the roofs of customer’s homes and enters into purchase agreements for the customers to purchase the electricity generated by the panels. Solar also takes advantage of local government and federal incentive programs that offer assistance in generating green power. During the Predecessor Period, the Company determined that Solar was a VIE and the Company was the primary beneficiary because Solar was dependent on Vivint, Inc. for ongoing financial support and because the Company had the ability to control the operations of Solar through its related parties. Accordingly, as indicated above, the financial position and results of operations are consolidated by the Company for the Predecessor Period and not for the Successor Period. The assets of Solar are restricted in that they are only available to settle the obligations of Solar and not of the Company and similarly, the creditors of Solar have no recourse to the general assets of the Company. | The following table summarizes the carrying amount of 2GIG’s assets and liabilities, before intercompany eliminations (in thousands): | |||||
On June 1, 2011, Vivint, Inc. and Solar entered into an Administrative Services Agreement (“Service Agreement”) and a Trademark License Agreement (“Trademark Agreement”). The Service Agreement provided Solar with certain administrative, managerial and account management services to be performed by Vivint. In exchange for the services and licenses under these agreements, Solar agreed to pay Vivint a combined fee of $0.05 per kilowatt hour of electricity generated by the solar equipment each month for each customer account. In June 2013, the Company and Solar entered into a Turnkey Full-Service Sublease Agreement (“Sublease Agreement”) and terminated the Service Agreement. The Sublease Agreement specifies the terms under which the Company subleases corporate office space, and provides certain other administrative services, to Solar. The Trademark Agreement was also amended in conjunction with the execution of the Sublease Agreement. | ||||||
In June 2011, the Company entered into a Revolving Credit Note (“Loan”) with Solar. This Loan was due in May 2013, had a principal balance of $5,000,000 and accrued interest at a rate per annum equal to 13%. In connection with the Merger, the loan was satisfied and there was no balance outstanding as of September 30, 2013 or December 31, 2012. | ||||||
On December 27, 2012, the Company executed a new Subordinated Note and Loan Agreement with Solar. The terms of the agreement state that Solar may borrow up to $20,000,000, bearing interest on the outstanding balance at an annual rate of 7.5% based on a 365 day year, which interest is due and payable semi-annually on June 1 and December 1 of each year commencing on June 1, 2013. The balance outstanding on September 30, 2013, representing principal of $20,000,000 and payment-in-kind interest of $530,000 is included in long-term investments and other assets in the accompanying unaudited condensed consolidated balance sheets. In addition, accrued interest of $530,000 is included in prepaid expenses and other current assets in the accompanying unaudited condensed consolidated balance sheets. The balance outstanding on December 31, 2012 was $15,000,000. | Predecessor | |||||
December 31, | ||||||
2011 | ||||||
Cash | $ | 1,007 | ||||
Accounts receivable | 5,042 | |||||
Inventories, net | 9,641 | |||||
Other assets | 170 | |||||
Total current assets | 15,860 | |||||
Property and equipment, net | 985 | |||||
Long-term investments and other assets | 65 | |||||
Total assets | $ | 16,910 | ||||
Accounts payable and accrued liabilities | $ | 10,056 | ||||
Customer deposits | 6,987 | |||||
Total liabilities | $ | 17,043 | ||||
Solar | ||||||
Solar, formed in April 2011, installs solar panels on the roofs of customer’s homes and enters into purchase agreements for the customers to purchase the electricity generated by the panels. Solar also takes advantage of local government and federal incentive programs that offer assistance in generating green power. During the Predecessor Period, the Company determined that Solar was a VIE and the Company was the primary beneficiary because Solar was dependent on Vivint, Inc. for ongoing financial support and because the Company had the ability to control the operations of Solar through its related parties. Accordingly, as indicated above, the financial position and results of operations are consolidated by the Company for the Predecessor Period and not for the Successor Period. The assets of Solar are restricted in that they are only available to settle the obligations of Solar and not of the Company and similarly, the creditors of Solar have no recourse to the general assets of the Company. | ||||||
On June 1, 2011, Vivint, Inc. and Solar entered into an Administrative Services Agreement (“Service Agreement”) and a Trademark License Agreement (“Trademark Agreement”). The Service Agreement provides Solar with certain administrative, managerial and account management services to be performed by Vivint. In exchange for the services and licenses under these agreements, Solar agrees to pay Vivint a combined fee of $0.05 per kilowatt hour of electricity generated by the solar equipment each month for each customer account. In June 2011, the Company entered into a Revolving Credit Note (“Loan”) with Solar. This Loan was due in May 2013, had a principal balance of $5,000,000 and accrued interest at a rate per annum equal to 13%. In connection with the Merger, the loan was satisfied and there was no balance outstanding as of December 31, 2012. The outstanding balance of this loan at December 31, 2011 was $5,000,000. This balance has been eliminated in consolidation for the Predecessor Period. | ||||||
On December 27, 2012, the Company executed a new Subordinated Note and Loan Agreement with Solar. The terms of the agreement state that Solar may borrow up to $20,000,000, bearing interest on the outstanding balance at an annual rate of 7.5% based on a 365 day year, which interest is due and payable semi-annually on June 1 and December 1 of each year commencing on June 1, 2013. As of December 31, 2012, $15,000,000 was outstanding and included in long-term investments and other assets in the accompanying consolidated balance sheets. | ||||||
The following table summarizes the carrying amount of Solar’s assets and liabilities, before intercompany eliminations (in thousands): | ||||||
Predecessor | ||||||
December 31, | ||||||
2011 | ||||||
Cash | $ | 84 | ||||
Accounts receivable, net | 2 | |||||
Inventories, net | 1,327 | |||||
Other assets | 5,086 | |||||
Total current assets | 6,499 | |||||
Subscriber contract costs, net | 2,007 | |||||
Restricted cash | 1,348 | |||||
Total assets | $ | 9,854 | ||||
Accounts payable and accrued liabilities | $ | 238 | ||||
Total current liabilities | 238 | |||||
Note payable to Vivint, Inc. | 5,000 | |||||
Total liabilities | $ | 5,238 | ||||
Balance_Sheet_Components
Balance Sheet Components | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' | ' | ||||||||||||||||
Balance Sheet Components | ' | ' | ||||||||||||||||
NOTE 6—BALANCE SHEET COMPONENTS | NOTE 8—BALANCE SHEET COMPONENTS | |||||||||||||||||
The following table presents balance sheet component balances (in thousands): | The following table presents balance sheet component balances as of December 31, 2012 and December 31, 2011 (in thousands): | |||||||||||||||||
September 30, | December 31, | Successor | Predecessor | |||||||||||||||
2013 | 2012 | December 31, | December 31, | |||||||||||||||
2012 | 2011 | |||||||||||||||||
Subscriber contract costs | Inventories | |||||||||||||||||
Subscriber contract costs | $ | 280,006 | $ | 12,934 | Inventory stock | $ | 32,507 | $ | 59,901 | |||||||||
Accumulated amortization | (13,002 | ) | (181 | ) | Inventory valuation | (180 | ) | (3,413 | ) | |||||||||
Subscriber contract costs, net | $ | 267,004 | $ | 12,753 | Inventories, net | $ | 32,327 | $ | 56,488 | |||||||||
Subscriber contract costs | ||||||||||||||||||
Long-term investments and other assets | Subscriber contract costs | $ | 12,934 | $ | 685,372 | |||||||||||||
Note receivable (See Notes 5 and 13) | $ | 20,871 | $ | 15,341 | Accumulated amortization | (181 | ) | (151,359 | ) | |||||||||
Security deposit receivable | 6,255 | 6,236 | ||||||||||||||||
Other | 232 | 128 | Subscriber contract costs, net | $ | 12,753 | $ | 534,013 | |||||||||||
Total long-term investments and other assets, net | $ | 27,358 | $ | 21,705 | Long-term investments and other assets | |||||||||||||
Note receivable (See Note 7, 15) | $ | 15,341 | $ | 882 | ||||||||||||||
Security deposit receivable | 6,236 | 178 | ||||||||||||||||
Accrued payroll and commissions | Other | 128 | 315 | |||||||||||||||
Accrued payroll | $ | 10,278 | $ | 7,396 | ||||||||||||||
Accrued commissions | 77,576 | 13,050 | Total long-term investments and other assets, net | $ | 21,705 | $ | 1,375 | |||||||||||
Total accrued payroll and commissions | $ | 87,854 | $ | 20,446 | Accrued payroll and commissions | |||||||||||||
Accrued payroll | $ | 7,396 | $ | 5,220 | ||||||||||||||
Accrued commissions | 13,050 | 9,384 | ||||||||||||||||
Total accrued payroll and commissions | $ | 20,446 | $ | 14,604 | ||||||||||||||
Property_and_Equipment
Property and Equipment | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Property Plant And Equipment [Abstract] | ' | ' | ||||||||||||||||||||
Property and Equipment | ' | ' | ||||||||||||||||||||
NOTE 7—PROPERTY AND EQUIPMENT | NOTE 9—PROPERTY AND EQUIPMENT | |||||||||||||||||||||
Property and equipment consisted of the following (in thousands): | Property and equipment consisted of the following (in thousands): | |||||||||||||||||||||
September 30, | December 31, | Estimated | Successor | Predecessor | ||||||||||||||||||
2013 | 2012 | Useful Lives | December 31, | December 31, | Estimated | |||||||||||||||||
Vehicles | $ | 9,298 | $ | 10,038 | 3 – 5 years | 2012 | 2011 | Useful Lives | ||||||||||||||
Computer equipment and software | 6,420 | 4,797 | 3 – 5 years | Vehicles | $ | 10,038 | $ | 10,791 | 3 – 5 years | |||||||||||||
Leasehold improvements | 13,080 | 7,599 | 2 – 15 years | Computer equipment and software | 4,797 | 10,607 | 3 – 5 years | |||||||||||||||
Office furniture, fixtures and equipment | 4,513 | 1,924 | 7 years | Leasehold improvements | 7,599 | 8,371 | 3 – 15 years | |||||||||||||||
Warehouse equipment | 1,726 | 3,066 | 7 years | Office furniture, fixtures and equipment | 1,924 | 5,309 | 7 years | |||||||||||||||
Buildings | 702 | 702 | 39 years | Warehouse equipment | 3,066 | 2,126 | 7 years | |||||||||||||||
Construction in process | 294 | 3,245 | Buildings | 702 | 968 | 39 years | ||||||||||||||||
Construction in process | 3,245 | 682 | ||||||||||||||||||||
36,033 | 31,371 | |||||||||||||||||||||
31,371 | 38,854 | |||||||||||||||||||||
Accumulated depreciation and amortization | (6,797 | ) | (1,165 | ) | Accumulated depreciation | (1,165 | ) | (12,414 | ) | |||||||||||||
Net property and equipment | $ | 29,236 | $ | 30,206 | Net ending balance | $ | 30,206 | $ | 26,440 | |||||||||||||
Property and equipment includes approximately $9,369,000 and $9,795,000 of assets under capital lease obligations, net of accumulated depreciation and amortization of $2,329,000 and $319,000 at September 30, 2013 and December 31, 2012, respectively. Depreciation and amortization expense on all property and equipment was $2,183,000 and $2,205,000 for the three months ended September 30, 2013 and September 30, 2012, respectively and $6,725,000 and $6,228,000 for the nine months ended September 30, 2013 and September 30, 2012, respectively. Amortization expense relates to assets under capital leases as included in depreciation and amortization expense. | Property and equipment includes approximately $9,795,000 and $8,464,000 of assets under capital lease obligations, net of accumulated amortization of $319,000 and $3,903,000 at December 31, 2012 and 2011, respectively. Depreciation and amortization expense on all property and equipment was $1,165,000 for the Successor Period ended December 31, 2012, $7,378,000 for the Predecessor Period ended November 16, 2012 and $5,820,000 and $3,331,000 for the years ended December 31, 2011 and 2010, respectively. |
Goodwill_And_Intangible_Assets
Goodwill And Intangible Assets | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||
Goodwill And Intangible Assets | ' | ||||||||||||
NOTE 10—GOODWILL AND INTANGIBLE ASSETS | |||||||||||||
Goodwill | |||||||||||||
The changes in the carrying amount of goodwill from January 1, 2012 to December 31, 2012, by operating segment, were as follows (in thousands): | |||||||||||||
Vivint | 2GIG | Consolidated | |||||||||||
Balance as of January 1, 2012 | $ | — | $ | — | $ | — | |||||||
Goodwill resulting from the Merger | 832,579 | 43,792 | 876,371 | ||||||||||
Effect of foreign currency translation | 271 | — | 271 | ||||||||||
Balance as of December 31, 2012 | $ | 832,850 | $ | 43,792 | $ | 876,642 | |||||||
There was no activity related to goodwill in the Successor Period. The entire carrying amount of goodwill was a result of the Merger, which occurred on November 16, 2012. | |||||||||||||
Intangible assets, net | |||||||||||||
The following table presents intangible asset balances as of December 31, 2012 and December 31, 2011 (in thousands): | |||||||||||||
Successor | Predecessor | ||||||||||||
December 31, | December 31, | Estimated | |||||||||||
2012 | 2011 | Useful Lives | |||||||||||
Customer contracts | $ | 990,777 | $ | — | 10 years | ||||||||
2GIG customer relationships | 45,000 | — | 10 years | ||||||||||
2GIG 2.0 technology | 17,000 | — | 8 years | ||||||||||
2GIG 1.0 technology | 8,000 | — | 6 years | ||||||||||
CMS technology | 2,300 | — | 5 years | ||||||||||
Purchased technology | — | 3,395 | 2 years | ||||||||||
Lead generation technology | — | 1,695 | 5 years | ||||||||||
1,063,077 | 5,090 | ||||||||||||
Accumulated amortization | (10,058 | ) | (4,384 | ) | |||||||||
Net ending balance | $ | 1,053,019 | $ | 706 | |||||||||
Amortization expense related to intangible assets was $10,058,000 for the Successor Period ended December 31, 2012, $325,000 for the Predecessor Period ended November 16, 2012 and $1,751,000 and $2,602,000 for the years ended December 31, 2011 and 2010, respectively. | |||||||||||||
Estimated future amortization expense of intangible assets is as follows (in thousands): | |||||||||||||
2013 | $ | 169,218 | |||||||||||
2014 | 155,233 | ||||||||||||
2015 | 138,598 | ||||||||||||
2016 | 120,912 | ||||||||||||
2017 | 105,919 | ||||||||||||
Thereafter | 363,139 | ||||||||||||
Total estimated amortization expense | $ | 1,053,019 | |||||||||||
During the fourth quarter of fiscal 2011, the Company reviewed certain intangible assets including contracts, licenses and agreements, which were held by the discontinued Smart Grid component, and identified asset impairment indicators. These indicators included a shift in the strategic direction for Smart Grid within the energy management framework. These conditions and events indicated that the carrying value of this asset group most likely will not be recoverable. Accordingly, the Company recognized an impairment of $1,315,000, or the full carrying amount of the asset. This impairment is included in discontinued operations in the 2011 consolidated statements of operations. |
Fair_Value_Measurements
Fair Value Measurements | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ' | ||||||||||||||||
Fair Value Measurements | ' | ' | ||||||||||||||||
NOTE 9—FAIR VALUE MEASUREMENTS | NOTE 11—FAIR VALUE MEASUREMENTS | |||||||||||||||||
On a quarterly basis, the Company measures at fair value certain financial assets and liabilities. The fair value of financial assets and liabilities was determined using the following levels of inputs as of September 30, 2013 and December 31, 2012. | The interest rate swap and the warrant liabilities are the only assets or liabilities that have been measured at fair value on a recurring basis. The estimated fair values presented below are based on observable market-based inputs or unobservable inputs that are corroborated by market data. The liability included in level 2 represents the fair value of the interest rate swap, which is valued using observable inputs including pricing curves based on LIBOR, cash, futures and swap rates. The liability included in level 3 represents the fair value of the warrant liability which is valued using unobservable inputs including the Company’s equity, which is not actively traded (See Note 13). The Company believes that its estimates and assumptions are reasonable, but significant judgment is involved. These liabilities are included in other long-term obligations in the consolidated balance sheets as of December 31, 2011. There were no assets or liabilities measured at fair value on a recurring basis as of December 31, 2012. | |||||||||||||||||
Level 1 Measurements | ||||||||||||||||||
There were no assets or liabilities measured at fair value as level 1 measurements as of September 30, 2013 or December 31, 2012. | In connection with the Transactions, the fair value of intangible assets was determined using the income and cost approach and input obtained from various sources including, the Company’s management and historical experience. Key assumptions used in the determination of fair value include projected cash flows, subscriber attrition rates and discount rates between 8% and 14%. | |||||||||||||||||
Level 2 Measurements | The fair value of the Company’s deferred revenue at the acquisition date represented the cost necessary to perform each of the deferred revenue obligations, including a reasonable profit for each. Deferred revenue related to customer prepayments was valued using the cost build up method and determined to be $24,328,000, which is the amount of cost determined to fulfill the liability. Deferred revenue related to activation fees was determined to have no value because there was no further performance obligation. | |||||||||||||||||
The fair market value of the Company’s Senior Secured Notes was approximately $888,770,000 as of September 30, 2013 and $917,980,000 as of December 31, 2012. The carrying value of the Company’s Senior Secured Notes was $925,000,000 as of September 30, 2013 and December 31, 2012. The Company’s Senior Notes had a fair market value of approximately $581,142,000 as of September 30, 2013 and $374,478,000 as of December 31, 2012 and a carrying amount of $580,000,000 as of September 30, 2013 and $380,000,000 as of December 31, 2012. In determining the fair value of the Senior Secured Notes and the Senior Notes, the Company uses the present value of expected cash flows based on market observable interest rate yield curves commensurate with the term of each instrument. | Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2011 were as follows (in thousands): | |||||||||||||||||
Level 3 Measurements | ||||||||||||||||||
In connection with the Transactions, the fair value of intangible assets was determined using the income and cost approach and input obtained from various sources, including the Company’s management and historical experience. Key assumptions used in the determination of fair value include projected cash flows, subscriber attrition rates and discount rates between 8% and 14%. | ||||||||||||||||||
The carrying amounts of the Company’s accounts receivable, accounts payable and accrued and other liabilities approximate their fair values due to their short maturities. | Fair Value Measurements as of December 31, 2011: | |||||||||||||||||
Liabilities | Total | Level 1 | Level 2 | Level 3 | ||||||||||||||
Warrant liabilities | $ | 1,788 | $ | — | $ | — | $ | 1,788 | ||||||||||
Interest rate swap | 318 | — | 318 | — | ||||||||||||||
Total | $ | 2,106 | $ | — | $ | 318 | $ | 1,788 | ||||||||||
Income_Taxes
Income Taxes | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Income Tax Disclosure [Abstract] | ' | ' | ||||||||||||||||
Income Taxes | ' | ' | ||||||||||||||||
NOTE 10—INCOME TAXES | NOTE 12—INCOME TAXES | |||||||||||||||||
In order to determine the quarterly provision (benefit) for income taxes, the Company uses an estimated annual effective tax rate, which is based on expected annual income and statutory tax rates in the various jurisdictions in which the Company operates. Certain significant or unusual items are separately recognized in the quarter during which they occur and can be a source of variability in the effective tax rates from quarter to quarter. | APX Group files a consolidated federal income tax return with its wholly-owned subsidiaries. | |||||||||||||||||
For tax purposes, the Transaction was treated as a stock acquisition. As a result, assets and liabilities were not adjusted to fair value for tax purposes. Goodwill resulting from the transaction is not deductible for tax purposes. For tax purposes, acquisition costs are divided into three categories, deductible costs, amortizable costs, and capitalized costs. Acquisition costs are allocated among the categories based on the nature and timing of the incurred cost. Deductible costs are deducted in the period incurred. Amortizable costs are capitalized and amortized over a period of 15 years. Capitalized costs are capitalized to the cost of the stock and are not amortized. | ||||||||||||||||||
The Company’s effective income tax rate for the nine months ended September 30, 2013 is approximately (14.67)%. In computing income tax expense (benefit), the Company estimates its annual effective income tax rate jurisdiction by jurisdiction and entity by entity for which tax attributes must be separately considered for the calendar year ending December 31, 2013, excluding discrete items. Each jurisdictional or entity estimated annual tax rate is applied to actual year-to-date pre-tax book income (loss) of each jurisdiction or entity. The Company had three discrete items that affected the calculated income tax benefit or expense for the three and nine months ended September 30, 2013. The first discrete item is related to the 2GIG Sale, which increased tax expense approximately $19.4 million. The second discrete item is related to the acquisition of Smartrove, which resulted in a tax benefit of approximately $1.5 million. The third discrete item is related to the true-up of the 2012 provision to the final tax returns, which resulted in an additional tax expense of approximately $0.3 million. Both the 2013 and 2012 effective tax rates are less than the statutory rate primarily due to the combination of not recognizing benefit for expected pre-tax losses of the US jurisdiction and also the Canadian jurisdiction in 2012, and recognizing current state income tax expense for minimum state taxes. | Income tax (benefit) provision consisted of the following (in thousands): | |||||||||||||||||
For 2013, the Company expects to realize a loss before income taxes and expects to record a full valuation allowance against the net deferred tax assets of the consolidated group within the US and Canadian jurisdictions. The Company has recorded tax expense for state and local taxes. A valuation allowance is required when there is significant uncertainty as to the ability to realize the deferred tax assets. Because the realization of the deferred tax assets related to the Company’s net operating losses (NOLs) is dependent upon future income related to domestic and foreign jurisdictional operations that have historically generated losses, management determined that the Company continues to not meet the “more likely than not” threshold that those NOLs will be realized. Accordingly, a valuation allowance is required. A similar history of losses is present in the Company’s Canadian jurisdiction. However, as of September 30, 2013, the deferred tax assets related to the Company’s Canadian jurisdiction’s NOLs are offset by existing deferred income tax liabilities resulting in a net deferred tax liability position. | ||||||||||||||||||
Successor | Predecessor | |||||||||||||||||
Period from | Period from | Year Ended | Year Ended | |||||||||||||||
November 17 | January 1 | December 31, | December 31, | |||||||||||||||
through | through | 2011 | 2010 | |||||||||||||||
December 31, | November 16, | |||||||||||||||||
2012 | 2012 | |||||||||||||||||
Current income tax: | ||||||||||||||||||
Federal | $ | — | $ | 2,635 | $ | 86 | $ | (363 | ) | |||||||||
State | 56 | 837 | 633 | 142 | ||||||||||||||
Foreign | 28 | 276 | — | (430 | ) | |||||||||||||
Total | 84 | 3,748 | 719 | (651 | ) | |||||||||||||
Deferred income tax: | ||||||||||||||||||
Federal | (9,489 | ) | — | — | — | |||||||||||||
State | (1,788 | ) | — | — | — | |||||||||||||
Foreign | 290 | 1,175 | (4,458 | ) | 4,971 | |||||||||||||
Total | (10,987 | ) | 1,175 | (4,458 | ) | 4,971 | ||||||||||||
Deferred income tax: | $ | (10,903 | ) | $ | 4,923 | $ | (3,739 | ) | $ | 4,320 | ||||||||
Successor | Predecessor | |||||||||||||||||
Period from | Period from | Year Ended | Year Ended | |||||||||||||||
November 17 | January 1 | December 31, | December 31, | |||||||||||||||
through | through | 2011 | 2010 | |||||||||||||||
December 31, | November 16, | |||||||||||||||||
2012 | 2012 | |||||||||||||||||
Computed expected tax expense | $ | (13,941 | ) | $ | (50,970 | ) | $ | (22,489 | ) | $ | (8,377 | ) | ||||||
State income taxes, net of federal tax effect | (1,143 | ) | 555 | 434 | 91 | |||||||||||||
Foreign income taxes | (69 | ) | 610 | 831 | (1,889 | ) | ||||||||||||
Permanent differences | 534 | 4,820 | 193 | (335 | ) | |||||||||||||
Non-deductible acquisition costs | 3,716 | 2,896 | — | — | ||||||||||||||
Intercompany elimination | — | 2,843 | — | — | ||||||||||||||
Change in valuation allowance | — | 44,169 | 17,292 | 14,830 | ||||||||||||||
Provision for income taxes | $ | (10,903 | ) | $ | 4,923 | $ | (3,739 | ) | $ | 4,320 | ||||||||
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities were as follows (in thousands): | ||||||||||||||||||
Successor | Predecessor | |||||||||||||||||
December 31, | December 31, | |||||||||||||||||
2012 | 2011 | |||||||||||||||||
Gross deferred tax assets: | ||||||||||||||||||
Net operating loss carryforwards | $ | 339,831 | $ | 224,619 | ||||||||||||||
Accrued expenses and allowances | 48,455 | 15,691 | ||||||||||||||||
Inventory reserves | 528 | 5,612 | ||||||||||||||||
Alternative minimum tax credit and research and development credit | 101 | 140 | ||||||||||||||||
Deferred subscriber income | 15 | 9,615 | ||||||||||||||||
Valuation allowance | — | (58,660 | ) | |||||||||||||||
388,930 | 197,017 | |||||||||||||||||
Gross deferred tax liabilities: | ||||||||||||||||||
Deferred subscriber contract costs | (379,184 | ) | (197,244 | ) | ||||||||||||||
Purchased intangibles | (28,744 | ) | — | |||||||||||||||
Prepaid expenses and depreciation | (107 | ) | (212 | ) | ||||||||||||||
(408,035 | ) | (197,456 | ) | |||||||||||||||
Net deferred tax liability | $ | (19,105 | ) | $ | (439 | ) | ||||||||||||
The Company has U.S. net operating loss carryforwards of approximately $845,095,000 and $552,095,000 at December 31, 2012 and 2011, respectively. The Company has state net operating loss carryforwards of approximately $789,687,000 and $536,975,000 at December 31, 2012 and 2011, respectively. U.S. and state net operating loss carryforwards will begin to expire in 2026 if not used. Included in both the U.S. and state net operating loss carryforwards are approximately $11,483,000 and $0 at December 31, 2012 and 2011 respectively of net operating loss carryforwards for which a benefit will be recorded in Additional Paid in Capital when realized. The Company has U.S. alternative minimum tax credits of $71,000 and $86,000 at December 31, 2012 and 2011, respectively, for which life is unlimited. The Company has U.S. research and development credits of approximately $30,000 and $54,000 at December 31, 2012 and 2011, respectively, which begin to expire in 2030. The Company has Canadian net operating loss carryforwards of approximately $32,369,000 and $15,289,000 at December 31, 2012 and 2011, respectively, which will begin to expire in 2029. Realization of the Company’s net operating loss carryforwards and tax credits are dependent on generating sufficient taxable income prior to their expiration. The Company has determined that there is no IRC section 382 limitation with respect to the carryforward items. | ||||||||||||||||||
The Company has considered and weighed the available evidence, both positive and negative, to determine whether it is more-likely-than-not that some portion, or all, of the deferred tax assets will not be realized. | ||||||||||||||||||
In assessing the realizability of deferred tax assets, the Company considers whether it is more likely than not that some portion or all of the deferred tax assets will be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. The Company has determined that a valuation allowance is necessary only at December 31, 2011. No valuation allowance was determined to be necessary at December 31, 2012. In addition to the change in valuation allowance from operations, the valuation allowance changes include the impact of acquisition related items. | ||||||||||||||||||
As of December 31, 2012, the Company’s income tax returns for the years ended December 31, 2006 through December 31, 2012 remain subject to examination by the Internal Revenue Service and state authorities. |
Equity_and_StockBased_Compensa
Equity and Stock-Based Compensation | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||
Equity and Stock-Based Compensation | ' | ' | ||||||||||||||||||||||||||||||||||
NOTE 11—EQUITY AND STOCK-BASED COMPENSATION | NOTE 13—EQUITY AND STOCK-BASED COMPENSATION | |||||||||||||||||||||||||||||||||||
Successor | Successor | |||||||||||||||||||||||||||||||||||
Capital Stock—In connection with the Merger, Acquisition LLC formed Holdings on October 26, 2012 to facilitate in carrying out the Transactions. | Capital Stock—In connection with the Merger, Acquisition LLC formed Holdings on October 26, 2012 to facilitate in carrying out the Transactions. | |||||||||||||||||||||||||||||||||||
Capital stock was as follows: | Capital stock is as follows: | |||||||||||||||||||||||||||||||||||
As of December 31, 2012 and September 30, 2013 | As of December 31, 2012 | |||||||||||||||||||||||||||||||||||
Authorized | Issued | Outstanding | Authorized | Issued | Outstanding | |||||||||||||||||||||||||||||||
Common stock, $0.01 par value | 100 | 100 | 100 | Common stock | 100 | 100 | 100 | |||||||||||||||||||||||||||||
Dividends—The terms of the indentures governing the notes permit the Company, subject to certain conditions, to distribute all or a portion of the net proceeds from the 2GIG Sale to our stockholders. On May 14, 2013, the Company distributed a dividend of $60,000,000 of such proceeds to stockholders. | In connection with the Transactions, 313 Acquisition LLC awarded profits interests representing the right to share a portion of the value appreciation on the initial capital contributions to 313 Acquisition LLC (“Incentive Units”). The Incentive Units are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. Upon completion of the Transactions, the Company’s Chief Executive Officer and President were issued a total of 46,484,562 Incentive Units. Total stock-based compensation associated with these issuances was not material in the Successor Period. The Company anticipates making comparable equity incentive grants at 313 Acquisition LLC to other members of senior management and adopting other equity and cash-based incentive programs for other members of management from time to time. | |||||||||||||||||||||||||||||||||||
Stock-Based Compensation | Predecessor | |||||||||||||||||||||||||||||||||||
313 Incentive Units | Capital Stock—On December 19, 2011, the APX Group, Inc. amended and restated its articles of incorporation increasing the authorized number of existing shares from the amount previously reported and authorizing a new class of Series D preferred stock. | |||||||||||||||||||||||||||||||||||
During the nine months ended September 30, 2013, 313 Acquisition LLC authorized a total of 74,062,836 profits interests, representing the right to share a portion of the value appreciation on the initial capital contributions to 313 Acquisition LLC (“Incentive Units”). As of September 30, 2013, a total of 69,659,562 Incentive Units had been awarded to members of senior management and a board member, of which 46,484,562 were issued to the Company’s Chief Executive Officer and President in conjunction with the Transactions. The Incentive Units are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. The Company anticipates making comparable equity incentive grants at 313 Acquisition LLC to other members of senior management and adopting other equity and cash-based incentive programs for other members of management from time to time. The fair value of stock-based awards is measured at the grant date and is recognized as expense over the employee’s requisite service period. The grant date fair value was determined using a Monte Carlo simulation valuation approach based on inputs and assumptions provided by management and from comparable industry data. | Capital stock was as follows: | |||||||||||||||||||||||||||||||||||
Wireless Stock Appreciation Rights | ||||||||||||||||||||||||||||||||||||
On May 29, 2013, the Company’s subsidiary, Vivint Wireless, awarded Stock Appreciation Rights (“SARs”) to various key employees. The purpose of the SARs is to attract and retain personnel and provide an opportunity to acquire an equity interest of Vivint Wireless. The SARs are subject to a five year time-based ratable vesting period. In connection with this plan, 70,000 SARs have been granted as of September 30, 2013. The Company anticipates making comparable grants from time to time. | ||||||||||||||||||||||||||||||||||||
The fair value of the Vivint Wireless awards is measured at the grant date and is recognized as expense over the employee’s requisite service period. The fair value is determined using a Black-Scholes option valuation model with the following assumptions: expected volatility of 65%, expected dividends of 0%; expected exercise term of six and one half years; and risk-free rate of 1.51%. Due to the lack of historical exercise data, the Company used the simplified method in determining the estimated exercise term, for all Vivint Wireless awards. | As of December 31, 2011 | |||||||||||||||||||||||||||||||||||
Vivint Stock Appreciation Rights | Authorized | Issued | Outstanding | |||||||||||||||||||||||||||||||||
On July 12, 2013, the Company’s subsidiary, Vivint, awarded SARs to various levels of key employees. The purpose of the SARs is to attract and retain personnel and provide an opportunity to acquire an equity interest of Vivint. The SARs are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. In connection with this plan, 8,300,000 SARs have been granted as of September 30, 2013. In addition, 36,065,000 have been reserved for future issuance in accordance with a long-term incentive plan established by the Company. Vivint expects to continue regular quarterly grants to new employees who meet the award criteria. | Series A preferred stock | 25,563 | 25,000 | 25,000 | ||||||||||||||||||||||||||||||||
The fair value of the Vivint awards is measured at the grant date and is recognized as expense over the employee’s requisite service period. The fair value is determined using a Black-Scholes option valuation model with the following assumptions: expected volatility of 60%, expected dividends of 0%; expected exercise term of 6.04 years; and risk-free rate of 1.72%. Due to the lack of historical exercise data, the Company used the simplified method in determining the estimated exercise term, for all Vivint awards. | Series C preferred stock | 10,225 | — | — | ||||||||||||||||||||||||||||||||
Stock-based compensation expense in connection with stock awards is presented by entity as follows (in thousands): | Series D preferred stock | 50,000 | 45,259 | 45,259 | ||||||||||||||||||||||||||||||||
Series A common stock | 25,563 | 25,000 | 25,000 | |||||||||||||||||||||||||||||||||
Series B common stock | 25,563 | 25,000 | 25,000 | |||||||||||||||||||||||||||||||||
Successor | Predecessor | Successor | Predecessor | Series D common stock | 1,550 | — | — | |||||||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | All issued and outstanding shares of each series and class of stock of the Company, immediately prior to the completion of the Merger, were purchased in connection with the Merger. The Company had previously authorized and issued 25,000 shares of Series B preferred stock. All outstanding shares of Series B preferred stock were redeemed in 2008 and, under the Company’s articles of incorporation, may not be reissued. | ||||||||||||||||||||||||||||||||||
September 30, | September 30, | Voting Rights—Holders of Series A and Series B common stock were entitled to one vote per share on any matters that were entitled to a vote. Holders of preferred stock and Series C common stock did not have voting rights. | ||||||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | Dividends—Series D preferred stock was entitled to cumulative annual dividends of 10% to be paid when and if declared by the board of directors or upon redemption or liquidation. During the Predecessor Period ended November 16, 2012, the Company paid $80,000 in dividends. During the year ended December 31, 2011, the Company did not pay any dividends. During the year ended December 31, 2010, the Company declared and paid $1,000,000 in dividends. | ||||||||||||||||||||||||||||||||
Vivint | $ | 643 | $ | 112 | $ | 1,317 | $ | 379 | Redemption of Stock—All shares of preferred stock were subject to redemption by the Company at a price of $1,000 per share at any time. Series D preferred stock could be redeemed on or after December 19, 2016 upon the vote of 20% of the outstanding Series D preferred shares. In addition to a redemption price of $1,000, Series D shareholders were entitled to all accrued and unpaid dividends and a multiplier. The multiplier (“Multiplier”) initially was 1.2 of the aggregate of the redemption price and dividends and then would increase by 0.2 annually until all shares of Series D stock were redeemed. No shares of preferred or common stock could be redeemed by the Company until all shares of Series D preferred stock were redeemed. | |||||||||||||||||||||||||||
2GIG | — | 37 | — | 111 | Liquidation Rights—Upon liquidation, the holders of Series D preferred stock were paid first, prior to any other series or class of capital stock of the Company, at an amount equal to $1,000 per share, plus all accrued and unpaid dividends and the Multiplier. Following the preferential payments to the Series D preferred stockholders, the holders of Series B common stock were paid at an amount equal to $900 per share of Series B common stock, less the amount of all dividends per share paid on the Series B common stock prior to the liquidation preference. After the preferential payments to the Series B common stock, the holders of Series A preferred and common stock were paid at an amount equal to $1,000 per share of Series A preferred stock and $900 per share of Series A common stock, less the amount of all dividends per share paid on the Series A common stock prior to the liquidation preference. If assets were insufficient to permit payment in full to the Series A stockholders, the remaining assets would be distributed first to Series A preferred stockholders and then to the Series A common stockholders. If assets remained after distribution to Series A and Series B stockholders, they would be distributed among the common stockholders ratably in proportion to the number of shares held. | |||||||||||||||||||||||||||||||
Preferred Stock and Outstanding Warrants—On December 20, 2011, the Company issued 45,259 shares of Series D preferred shares with detachable warrants for $45,259,000, or $1,000 per share, less issuance costs of $191,000. The warrants issued in this transaction allowed the holder to purchase 2.25% of each class and series of shares of capital stock of the Company issued and outstanding as of the time the warrant was exercised. The initial warrant price was $0.01 per share and the warrants expire on December 20, 2021. As of December 31, 2011, a total of 1,719 shares of all classes and series of stock were reserved for the potential exercise of warrants. Upon issuance of the warrants, the Company recorded a warrant liability at its initial fair value of $1,788,000 (See Note 11), which represented the portion of the fair value of the warrants related to redeemable preferred stock. Warrants that are classified as a liability are revalued at each reporting date until the warrants are exercised or expire, with changes in the fair value reported in the Company’s consolidated statements of operations as gain or loss on the fair value of warrants. The warrant liabilities are included in other long-term obligations in the consolidated balance sheets as of December 31, 2011. | ||||||||||||||||||||||||||||||||||||
Total stock-based compensation | $ | 643 | $ | 149 | $ | 1,317 | $ | 490 | ||||||||||||||||||||||||||||
The net proceeds from this transaction were recorded as follows (in thousands): | ||||||||||||||||||||||||||||||||||||
In connection with the Transactions, all unvested options in APX were immediately vested and were exercised on November 16, 2012. | ||||||||||||||||||||||||||||||||||||
Series D preferred stock | $ | 1 | ||||||||||||||||||||||||||||||||||
Additional paid-in capital | 43,279 | |||||||||||||||||||||||||||||||||||
Warrant liability | 1,788 | |||||||||||||||||||||||||||||||||||
Series D preferred stock | $ | 45,068 | ||||||||||||||||||||||||||||||||||
On January 12, 2012, the Company issued an additional 4,741 shares of Series D preferred shares with detachable warrants for $4,741,000, or $1,000 per share. In connection with the Merger, all outstanding warrants were exercised and the associated warrant liability was relieved. | ||||||||||||||||||||||||||||||||||||
Stock-Based Compensation—The fair value of stock-based awards is measured at the grant date and is recognized as expense over the employee’s requisite service period. The fair value is determined using a Black-Scholes valuation model for stock options and for purchase rights under the Company’s Stock Option Plan (the “Plan”). | ||||||||||||||||||||||||||||||||||||
Stock-based compensation expense in connection with stock options for the Successor Period, Predecessor Period and the years ended December 31, 2011 and 2010 is presented by entity as follows (in thousands): | ||||||||||||||||||||||||||||||||||||
Successor | Predecessor | |||||||||||||||||||||||||||||||||||
Period from | Period from | Year Ended | Year Ended | |||||||||||||||||||||||||||||||||
November 17 | January 1 | December 31, | December 31, | |||||||||||||||||||||||||||||||||
through | through | 2011 | 2010 | |||||||||||||||||||||||||||||||||
December 31, | November 16, | |||||||||||||||||||||||||||||||||||
2012 | 2012 | |||||||||||||||||||||||||||||||||||
APX | $ | — | $ | 1,780 | $ | 498 | $ | 551 | ||||||||||||||||||||||||||||
2GIG | — | 436 | 261 | — | ||||||||||||||||||||||||||||||||
Solar | — | 155 | 21 | — | ||||||||||||||||||||||||||||||||
Total stock-based compensation | $ | — | $ | 2,371 | $ | 780 | $ | 551 | ||||||||||||||||||||||||||||
The Plan permitted the grant of stock options to employees for up to 1,550 shares of the Company’s Series C common stock. In connection with the Merger, the Plan was terminated subsequent to the exercise of all outstanding options. A summary of option activity under the Plan and changes during the Predecessor Period ended November 16, 2012 is presented below: | ||||||||||||||||||||||||||||||||||||
Shares | Weighted | |||||||||||||||||||||||||||||||||||
Subject to | Average Exercise | |||||||||||||||||||||||||||||||||||
Outstanding | Price per Share | |||||||||||||||||||||||||||||||||||
Options | ||||||||||||||||||||||||||||||||||||
Outstanding, January 1, 2012 | 1,386 | $ | 3,136 | |||||||||||||||||||||||||||||||||
Granted | 470 | 4,664 | ||||||||||||||||||||||||||||||||||
Forfeited | (343 | ) | 4,026 | |||||||||||||||||||||||||||||||||
Exercised | (1,513 | ) | 3,409 | |||||||||||||||||||||||||||||||||
Outstanding, November 16, 2012 | — | — | ||||||||||||||||||||||||||||||||||
Unvested shares expected to vest after November 16, 2012 | — | — | ||||||||||||||||||||||||||||||||||
Due to the sale of the company provision in the Plan, all unvested options immediately vested and were exercised on November 16, 2012. The weighted average grant date fair value of the options granted during the year ended December 31, 2010 was $2,483, per option. There were no options granted during the year ended December 31, 2011. The fair value of each option award granted in fiscal 2010 was estimated on the date of grant using the Black-Scholes option valuation model with the following assumptions: expected volatility of 30%; expected dividends of 0%; expected term (in years) of 7 years; and risk-free rate of 3.12%. |
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||
Commitments And Contingencies Disclosure [Abstract] | ' | ' | ||||||||||||
Commitments and Contingencies | ' | ' | ||||||||||||
NOTE 12—COMMITMENTS AND CONTINGENCIES | NOTE 14—COMMITMENTS AND CONTINGENCIES | |||||||||||||
Indemnification—Subject to certain limitations, the Company is obligated to indemnify its current and former directors, officers and employees with respect to certain litigation matters and investigations that arise in connection with their service to the Company. These obligations arise under the terms of its certificate of incorporation, its bylaws, applicable contracts, and Delaware and California law. The obligation to indemnify generally means that the Company is required to pay or reimburse the individuals’ reasonable legal expenses and possibly damages and other liabilities incurred in connection with these matters. | Indemnification—Subject to certain limitations, the Company is obligated to indemnify its current and former directors, officers and employees with respect to certain litigation matters and investigations that arise in connection with their service to the Company. These obligations arise under the terms of its certificate of incorporation, its bylaws, applicable contracts, and Delaware and California law. The obligation to indemnify generally means that the Company is required to pay or reimburse the individuals’ reasonable legal expenses and possibly damages and other liabilities incurred in connection with these matters. | |||||||||||||
Legal—The Company is named from time to time as a party to lawsuits in the normal course of its business. Actions filed against the Company include commercial, intellectual property, customer, and labor and employment related claims, including complaints of alleged wrongful termination and potential class action lawsuits regarding alleged violations of federal and state wage and hour and other laws. Litigation, in general, can be expensive and disruptive to normal business operations. Moreover, the results of legal proceedings are difficult to predict, and the costs incurred in litigation can be substantial, regardless of outcome. The Company believes the amounts provided in its financial statements are adequate in light of the probable and estimated liabilities. Factors that the Company considers in the determination of the likelihood of a loss and the estimate of the range of that loss in respect of legal matters include the merits of a particular matter, the nature of the litigation, the length of time the matter has been pending, the procedural posture of the matter, whether the Company intends to defend the matter, the likelihood of settling for an insignificant amount and the likelihood of the plaintiff accepting an amount in this range. However, because such matters are subject to many uncertainties, the ultimate outcomes are not predictable and there can be no assurances that the actual amounts required to satisfy alleged liabilities from the matters described above will not exceed the amounts reflected in its financial statements or will not have a material adverse effect on its results of operations, financial condition or cash flows. | Legal—The Company is named from time to time as a party to lawsuits in the normal course of its business. Actions filed against the Company include commercial, intellectual property, customer, and labor and employment related claims, including complaints of alleged wrongful termination and potential class action lawsuits regarding alleged violations of federal and state wage and hour and other laws. Litigation, in general, can be expensive and disruptive to normal business operations. Moreover, the results of legal proceedings are difficult to predict, and the costs incurred in litigation can be substantial, regardless of outcome. The Company believes the amounts provided in its financial statements are adequate in light of the probable and estimated liabilities. However, because such matters are subject to many uncertainties, the ultimate outcomes are not predictable and there can be no assurances that the actual amounts required to satisfy alleged liabilities from the matters described above will not exceed the amounts reflected in its financial statements or will not have a material adverse effect on its results of operations, financial condition or cash flows. | |||||||||||||
The Company is party to various claims, legal actions and complaints arising in the ordinary course of business related to the provision of its services and equipment claims. The Company regularly reviews outstanding legal claims and actions to determine if reserves for expected negative outcomes of such claims and actions are necessary. The Company had reserves for all such matters of approximately $2,817,000 and $2,527,000 as of September 30, 2013 and December 31, 2012, respectively. In conjunction with one of the settlements, the Company is obligated to pay certain future royalties, based on sales of future products. | The Company is party to various claims, legal actions and complaints arising in the ordinary course of business related to the provision of its services and equipment claims. The Company regularly reviews outstanding legal claims and actions to determine if reserves for expected negative outcomes of such claims and actions are necessary. The Company had reserves for all such matters of approximately $2,527,000 and $743,800 as of December 31, 2012 and December 31, 2011, respectively. During fiscal 2012 and 2011, the Company settled various claims and litigation totaling approximately $253,000 and $4,313,000, respectively, the majority of which was accrued for and included in accrued expenses and other current liabilities as of December 31, 2011 and 2010. In conjunction with one of the settlements, the Company is obligated to pay certain future royalties, based on sales of future products. | |||||||||||||
Operating Leases—The Company leases office, warehouse space and an aircraft under operating leases with related and unrelated parties expiring in various years through 2028. The leases require the Company to pay additional rentals for increases in operating expenses and real estate taxes and contain renewal options. The Company entered into a lease agreement for its corporate headquarters in 2009 that provided for a leasehold allowance of approximately $4,382,000 to be paid by the property developer on behalf of the Company. In July 2012, the Company entered into a lease for additional office space for an initial lease term of 15 years. During the nine months ended September, 30, 2012, the Company deferred and amortized this amount as a credit to rent expense based on the applicable lease terms. In connection with the Transactions, this balance was reduced to zero, which represented the estimated fair value as of that date. | Leases—The Company leases office, warehouse space and an aircraft under operating leases with related and unrelated parties expiring in various years through 2028. The leases require the Company to pay additional rentals for increases in operating expenses and real estate taxes and contain renewal options. The Company entered into a lease agreement for its corporate headquarters in 2009 that provided for a leasehold allowance of approximately $4,382,000 to be paid by the property developer on behalf of the Company. In July 2012, the Company entered into a lease for additional office space for an initial lease term of 15 years. The Company is deferring and amortizing this amount as a credit to rent expense through the end of the applicable lease terms. | |||||||||||||
In December 2012, the Company entered into an aircraft lease agreement for the use of a corporate aircraft. Beginning January 2013, the Company is required to make 156 monthly rental payments of $83,000 each, with the option to extend the lease for an additional 36 months upon expiration of the initial term. The lease agreement provides for the option to purchase the aircraft on certain specified dates for a stated dollar amount, which represents the current estimated fair value as of the purchase date. | In December 2012, the Company entered into an aircraft lease agreement for the use of a corporate aircraft. Beginning January 2013, the Company is required to make 156 monthly rental payments of $83,000 each, with the option to extend the lease for an additional 36 months upon expiration of the initial term. The lease agreement provides for the option to purchase the aircraft on certain specified dates for a stated dollar amount, which represents the current estimated fair value as of the purchase date. | |||||||||||||
The Company also leases certain equipment and software under operating and capital leases with expiration dates through August 2016. The Company entered into a Fleet Lease Agreement during 2010 and leased 198 and 24 vehicles during the three months ended September 30, 2013 and September 30, 2012, respectively, and 236 and 185 vehicles for the nine months ended September 30, 2013 and September 30, 2012. The lease agreements are typically 36 month leases for each vehicle and the average remaining life for the fleet is 12.2 months as of September 30, 2013. As of September 30, 2013 and December 31, 2012, the capital lease obligation balance was $6,550,000 and $8,769,000, respectively. | The Company also leases certain equipment and software under operating and capital leases with expiration dates through August 2016. The Company entered into a Fleet Lease Agreement during 2010 and received 223 and 243 vehicles during the years ended December 31, 2012 and 2011, respectively. The lease agreements are typically 12 and 36 month leases for each vehicle and the average remaining life for the fleet is 18 months as of December 31, 2012. As of December 31, 2012 and 2011, the capital lease obligation balance was $8,769,000 and $7,879,000, respectively. | |||||||||||||
Total rent expense for operating leases was approximately $1,441,000 and $1,387,000 for the three months ended September 30, 2013 and September 30, 2012, respectively, and $4,095,000 and $3,785,000 for the nine months ended September 30, 2013 and September 30, 2012. | ||||||||||||||
Total rent expense for operating leases was approximately $657,000, for the Successor Period ended December 31, 2012, $4,609,000 for the Predecessor Period ended November 16, 2012 and $5,079,000 and $4,086,000 for the years ended December 31, 2011 and 2010, respectively. | ||||||||||||||
As of December 31, 2012, future minimum lease payments were as follows (in thousands): | ||||||||||||||
Operating | Capital | Total | ||||||||||||
2013 | $ | 6,698 | $ | 4,539 | $ | 11,237 | ||||||||
2014 | 7,313 | 3,328 | 10,641 | |||||||||||
2015 | 7,371 | 1,697 | 9,068 | |||||||||||
2016 | 7,424 | 40 | 7,464 | |||||||||||
2017 | 7,405 | — | 7,405 | |||||||||||
Thereafter | 54,371 | — | 54,371 | |||||||||||
90,582 | 9,604 | 100,186 | ||||||||||||
Amount representing interest | — | (835 | ) | (835 | ) | |||||||||
Total lease payments | $ | 90,582 | $ | 8,769 | $ | 99,351 | ||||||||
Related_Party_Transactions
Related Party Transactions | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Related Party Transactions [Abstract] | ' | ' |
Related Party Transactions | ' | ' |
NOTE 13—RELATED PARTY TRANSACTIONS | NOTE 15—RELATED PARTY TRANSACTIONS | |
During 2009, the Company acquired certain customer lead generation know-how and technology from a company owned by a stockholder and agreed to pay the seller monthly amounts ranging from $40,000 to $50,000 through January 2013. During the nine months ended September 30, 2012, the Company paid $365,000. As part of the Merger, the remaining balance under this agreement was paid. | During 2009, a stockholder of the Company tendered his resignation. In exchange for this resignation, the Company agreed to make monthly payments of approximately $23,000 plus an amount based on the performance of specified customer accounts through October 2014. Approximately $328,000 related to this obligation was included in accrued expenses and other current liabilities at December 31, 2011, and $679,000 was included in other long-term obligations as of December 31, 2011, in the consolidated balance sheets. In connection with the Merger, the remaining obligation was satisfied to the stockholder. | |
Long-term investments and other assets, includes amounts due for non-interest bearing advances made to employees that are expected to be repaid in excess of one year. Amounts due from related parties as of September 30, 2013 and December 31, 2012, amounted to approximately $341,000. | During 2009, the Company acquired certain customer lead generation know-how and technology from a company owned by a stockholder and agreed to pay the seller monthly amounts ranging from $40,000 to $50,000 through January 2013. During the Predecessor Period and fiscal 2011, the Company paid $525,000, of which $120,000 was paid as part of the Merger and completely satisfied the obligation, and $540,000, respectively, under this agreement. As of December 31, 2011, approximately $448,000 was included in accrued expenses and other current liabilities and approximately $40,000 was included in other long-term obligations in the consolidated balance sheets. | |
The Company incurred expenses of approximately $726,000 and $1,324,000 for use of a corporate jet owned partially by stockholders of the Company during the three and nine months ended September 30, 2012, respectively. The Company incurred additional expenses for other related-party transactions of $217,000 and $283,000 during the three months ended September 30, 2013 and September 30, 2012, respectively, and $560,000 and $583,000 during the nine months ended September 30, 2013 and September 30, 2012, respectively, which included contributions to the Vivint Family Foundation, legal fees and purchase of tools and supplies. | During April 2011, the Company facilitated the sale of alarm contracts for a company, owned by stockholders and employees of the Company, by purchasing the contracts and immediately selling them to an unrelated third-party. As a result, the Company recognized contract sales revenue of approximately $8,539,000, net of cancellation allowance of $399,000 for the year ended December 31, 2011. | |
Prepaid expenses and other current assets at December 31, 2012, includes a receivable for $9.2 million in payroll taxes owed by a member of management of the Company related to the Merger. The payroll tax obligation was satisfied by this individual during the first quarter of fiscal year 2013. | Long-term investments and other assets, includes amounts due for non-interest bearing advances made to employees, officers or entities owned by officers that are expected to be repaid in excess of one year. Amounts due from related parties as of December 31, 2012 and December 31, 2011, amounted to approximately $341,000 and $541,000, respectively. | |
In connection with the Merger, the Company entered into a support and services agreement with Blackstone Management Partners L.L.C. (“BMP”), an affiliate of Blackstone. Under the support and services agreement, the Company paid BMP, at the closing of the Merger, an approximately $20.0 million transaction fee as consideration for BMP undertaking due diligence investigations and financial and structural analysis and providing corporate strategy and other advice and negotiation assistance in connection with the Merger. In addition, the Company agreed to reimburse BMP for any out-of-pocket expenses incurred by BMP and its affiliates and to indemnify BMP and its affiliates and related parties, in each case, in connection with the Transactions and the provision of services under the support and services agreement. | The Company recognized revenue of approximately $2,827,000 in 2009 for the sale of contracts to stockholders and employees of the Company. The Company recognized revenue of approximately $6,629,000, $9,852,000 and $6,489,000 for providing monitoring services for contracts owned by stockholders and employees of the Company during the Predecessor Period ended November 16, 2012, the years ended December 31, 2011 and 2010, respectively. | |
In addition, under the agreement with BMP, the Company engaged BMP to provide monitoring, advisory and consulting services on an ongoing basis. In consideration for these services, the Company agreed to pay an annual monitoring fee equal to the greater of (i) a minimum base fee of $2.7 million, subject to adjustments if the Company engages in a business combination or disposition that is deemed significant and (ii) the amount of the monitoring fee paid in respect of the immediately preceding fiscal year, without regard to any post-fiscal year “true-up” adjustments as determined by the agreement. The Company incurred expenses of approximately $3,481,000 related to this agreement during the nine months ended September 30, 2013. | The Company incurred expenses of approximately $31,000, $1,441,000, $1,344,000 and $1,406,000 for use of a corporate jet owned partially by stockholders of the Company during the Successor Period ended December 31, 2012, the Predecessor Period ended November 16, 2012 and the years ended December 31, 2011 and 2010, respectively. The Company incurred additional expenses during the Successor Period ended December 31, 2012, the Predecessor Period ended November 16, 2012, and the years ended December 31, 2011 and 2010 of approximately $57,000, $720,000, $2,382,000 and $1,285,000, respectively, for other related-party transactions including contributions to the Vivint Family Foundation, legal fees, and purchase of tools and supplies. | |
Under the support and services agreement, the Company also engaged BMP to arrange for Blackstone’s portfolio operations group to provide support services customarily provided by Blackstone’s portfolio operations group to Blackstone’s private equity portfolio companies of a type and amount determined by such portfolio services group to be warranted and appropriate. BMP will invoice the Company for such services based on the time spent by the relevant personnel providing such services during the applicable period but in no event shall the Surviving Company be obligated to pay more than $1.5 million during any calendar year. | Prepaid expenses and other current assets at December 31, 2012, includes a receivable for $9.2 million in payroll taxes owed by a member of management of the Company related to the Merger. The payroll tax obligation was satisfied by this individual during the first quarter of 2013. | |
In connection with the Merger, the Company entered into a support and services agreement with Blackstone Management Partners L.L.C. (“BMP”), an affiliate of Blackstone. Under the support and services agreement, the Company paid BMP, at the closing of the Merger, an approximately $20.0 million transaction fee as consideration for BMP undertaking due diligence investigations and financial and structural analysis and providing corporate strategy and other advice and negotiation assistance in connection with the Merger. In addition, the Company has agreed to reimburse BMP for any out-of-pocket expenses incurred by BMP and its affiliates and to indemnify BMP and its affiliates and related parties, in each case, in connection with the Transactions and the provision of services under the support and services agreement. | ||
In connection with the issuance of the $200,000,000 senior unsecured notes during the nine months ended September 30, 2013, Blackstone Advisory Partners L.P. participated as one of the initial purchasers of the senior unsecured notes and received approximately $200,000 in fees at the time of closing. | In addition, under this agreement, the Company has engaged BMP to provide, directly or indirectly, monitoring, advisory and consulting services that may be requested in the following areas: (a) advice regarding the structure, distribution and timing of debt and equity offerings and advice regarding relationships with lenders and bankers, (b) advice regarding the structuring and implementation of equity participation plans, employee benefit plans and other incentive arrangements for certain key executives, (c) general advice regarding dispositions and/or acquisitions, (d) advice regarding the strategic direction of the business and such other advice directly related or ancillary to the above advisory services as may be reasonably requested. | |
Transactions involving related parties cannot be presumed to be carried out at an arm’s-length basis. | Transactions involving related parties cannot be presumed to be carried out at an arm’s-length basis. |
Segment_Reporting
Segment Reporting | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||
Segment Reporting | ' | ' | ||||||||||||||||||||||||||||||||
NOTE 14—SEGMENT REPORTING | NOTE 16—SEGMENT REPORTING AND BUSINESS CONCENTRATIONS | |||||||||||||||||||||||||||||||||
Prior to the date of the 2GIG Sale, the Company conducted business through two operating segments, Vivint and 2GIG. These segments were managed and evaluated separately by management due to the differences in their products and services. Prior to the Merger, the Vivint segment included the Solar business, which was immaterial to the Company’s overall operating results, because the nature of the Vivint and Solar businesses are similar in that both businesses incur significant up-front costs to generate new residential subscribers and realize ongoing subscription revenue from services provided under long term contracts. | The Company conducts business through two operating segments, Vivint and 2GIG. These segments are managed and evaluated separately by management due to the differences in their products, and services. Prior to the Merger, the Vivint segment included the Solar business, which is immaterial to the Company’s overall operating results, because the nature of the Vivint and Solar businesses are similar in that both businesses incur significant up-front costs to generate new residential subscribers and realize ongoing subscription revenue from services provided under long term contracts. | |||||||||||||||||||||||||||||||||
The primary source of revenue for the Vivint segment is generated through monitoring services provided to subscribers, in accordance with their subscriber contracts. The primary source of revenue for the 2GIG segment was through the sale of electronic security and automation systems to security dealers and distributors, including Vivint. Fees and expenses charged by 2GIG to Vivint, related to intercompany purchases, were eliminated in consolidation. | The primary source of revenue for the Vivint segment is generated through monitoring services provided to subscribers, in accordance with their subscriber contracts. The primary source of revenue for the 2GIG segment is through the sale of electronic security and automation systems to security dealers and distributors. Fees and expenses charged by 2GIG to Vivint, related to intercompany purchases, are eliminated in consolidation. | |||||||||||||||||||||||||||||||||
For the three months ended September 30, 2013, the Company conducted business through one operating segment, Vivint. The following table presents a summary of revenue and costs and expenses for the three months ended September 30, 2012 (Predecessor) (in thousands): | ||||||||||||||||||||||||||||||||||
The following table presents a summary of revenue, costs and expenses and assets as of December 31, 2012 and for the Successor Period from November 17, 2012 through December 31, 2012 (in thousands): | ||||||||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | Vivint | 2GIG | Eliminations | Consolidated | ||||||||||||||||||||||||||||||
Revenues | $ | 108,839 | $ | 42,032 | $ | (26,310 | ) | $ | 124,561 | Total | ||||||||||||||||||||||||
Costs and expenses | 88,772 | 36,366 | (22,525 | ) | 102,613 | Revenues | $ | 50,791 | $ | 12,372 | $ | (5,557 | ) | $ | 57,606 | |||||||||||||||||||
Transaction related costs | 28,118 | 3,767 | — | 31,885 | ||||||||||||||||||||||||||||||
Income from operations | $ | 20,067 | $ | 5,666 | $ | (3,785 | ) | $ | 21,948 | All other costs and expenses | 46,241 | 12,712 | (5,039 | ) | 53,914 | |||||||||||||||||||
The following table presents a summary of revenue and costs and expenses for the nine months ended September 30, 2013 (Successor) (in thousands): | Loss from operations | $ | (23,568 | ) | $ | (4,107 | ) | $ | (518 | ) | $ | (28,193 | ) | |||||||||||||||||||||
Intangible assets including goodwill | $ | 1,840,065 | $ | 85,933 | $ | 3,663 | $ | 1,929,661 | ||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | Total assets | $ | 2,050,529 | $ | 115,881 | $ | (11,062 | ) | $ | 2,155,348 | ||||||||||||||||||||||||
Revenues | $ | 350,690 | $ | 60,220 | $ | (42,713 | ) | $ | 368,197 | |||||||||||||||||||||||||
Costs and expenses | 389,321 | 52,200 | (32,914 | ) | 408,607 | The following table presents a summary of revenue and costs and expenses for the Predecessor Period from January 1, 2012 through November 16, 2012 (in thousands): | ||||||||||||||||||||||||||||
(Loss) income from operations | $ | (38,631 | ) | $ | 8,020 | $ | (9,799 | ) | $ | (40,410 | ) | |||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
The following table presents a summary of revenue and costs and expenses for the nine months ended September 30, 2012 (Predecessor) (in thousands): | Total | |||||||||||||||||||||||||||||||||
Revenues | $ | 346,270 | $ | 112,136 | $ | (60,836 | ) | $ | 397,570 | |||||||||||||||||||||||||
Transaction related costs | 22,219 | 1,242 | — | 23,461 | ||||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | All other costs and expenses | 365,300 | 104,276 | (52,474 | ) | 417,102 | |||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 290,316 | $ | 101,411 | $ | (57,251 | ) | $ | 334,476 | (Loss) income from operations | $ | (41,249 | ) | $ | 6,618 | $ | (8,362 | ) | $ | (42,993 | ) | |||||||||||||
Costs and expenses | 235,939 | 91,385 | (48,427 | ) | 278,897 | |||||||||||||||||||||||||||||
The following table presents a summary of revenue, costs and expenses and assets as of and for the year ended December 31, 2011 (in thousands): | ||||||||||||||||||||||||||||||||||
Income from operations | $ | 54,377 | $ | 10,026 | $ | (8,824 | ) | $ | 55,579 | |||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 312,422 | $ | 129,265 | $ | (101,739 | ) | $ | 339,948 | |||||||||||||||||||||||||
Costs and expenses | 267,973 | 121,967 | (89,006 | ) | 300,934 | |||||||||||||||||||||||||||||
Income (loss) from operations | $ | 44,449 | $ | 7,298 | $ | (12,733 | ) | $ | 39,014 | |||||||||||||||||||||||||
Total assets | $ | 649,895 | $ | 16,910 | $ | (21,825 | ) | $ | 644,980 | |||||||||||||||||||||||||
The following table presents a summary of revenue, costs and expenses and assets as of and for the year ended December 31, 2010 (in thousands): | ||||||||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 234,537 | $ | 65,442 | $ | (61,101 | ) | $ | 238,878 | |||||||||||||||||||||||||
Costs and expenses | 177,580 | 77,176 | (61,107 | ) | 193,649 | |||||||||||||||||||||||||||||
Income (loss) from operations | $ | 56,957 | $ | (11,734 | ) | $ | 6 | $ | 45,229 | |||||||||||||||||||||||||
Total assets | $ | 456,516 | $ | 12,588 | $ | (12,818 | ) | $ | 456,286 | |||||||||||||||||||||||||
Our revenues and long-lived assets by geographic region as of and for the Successor Period from November 17, 2012 through December 31, 2012, the Predecessor Period from January 1, 2012 through November 16, 2012, and for the years ended December 31, 2011 and 2010 were as follows (in thousands): | ||||||||||||||||||||||||||||||||||
As of and for | United | Canada | Total | |||||||||||||||||||||||||||||||
States | ||||||||||||||||||||||||||||||||||
Successor Period from November 17, through December 31, 2012 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 52,196 | $ | 5,410 | $ | 57,606 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 29,415 | 791 | 30,206 | |||||||||||||||||||||||||||||||
Predecessor Period from January 1, through November 16, 2012 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 363,875 | $ | 33,695 | $ | 397,570 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 28,601 | 692 | 29,293 | |||||||||||||||||||||||||||||||
Predecessor Year ended December 31, 2011 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 312,626 | $ | 27,322 | $ | 339,948 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 26,402 | 38 | 26,440 | |||||||||||||||||||||||||||||||
Predecessor Year ended December 31, 2010 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 223,245 | $ | 15,633 | $ | 238,878 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 21,341 | 58 | 21,399 |
Employee_Benefit_Plan
Employee Benefit Plan | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Postemployment Benefits [Abstract] | ' | ' |
Employee Benefit Plan | ' | ' |
NOTE 15—EMPLOYEE BENEFIT PLANS | NOTE 17—EMPLOYEE BENEFIT PLAN | |
Beginning March 1, 2010, Vivint and 2GIG offered eligible employees the opportunity to defer a percentage of their earned income into company-sponsored 401(k) plans. 2GIG made matching contributions to the plan in the amount of $36,000 for the three months ended March 31, 2013. No matching contributions were made to the plans for the three and nine months ended September 30, 2012. | Beginning March 1, 2010, the Company offered eligible employees the opportunity to defer a percentage of their earned income into a Company sponsored 401(k) plan. A subsidiary of the Company made matching contributions to the plan in the amount of $25,000 and $79,000 for the Successor Period and Predecessor Period, respectively. There were no matching contributions for the years ended December 31, 2011 and 2010. |
Guarantor_and_NonGuarantor_Sup
Guarantor and Non-Guarantor Supplemental Financial Information | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
Text Block [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor and Non-Guarantor Supplemental Financial Information | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
NOTE 16—GUARANTOR AND NON-GUARANTOR SUPPLEMENTAL FINANCIAL INFORMATION | NOTE 18—GUARANTOR AND NON-GUARANTOR SUPPLEMENTAL FINANCIAL INFORMATION | |||||||||||||||||||||||||||||||||||||||||||||||||
The Senior Secured Notes due 2019 and the Senior Notes due 2020 were issued by APX. The Senior Secured Notes due 2019 and the Senior Notes due 2020 are fully and unconditionally guaranteed, jointly and severally by APX Group Holdings, Inc. (“Parent Guarantor”) and each of APX’s existing and future material wholly-owned U.S. restricted subsidiaries. APX’s existing and future foreign subsidiaries are not expected to guarantee the Notes. | The outstanding 2019 notes and the outstanding 2020 notes were issued by APX. The outstanding 2019 notes are fully and unconditionally guaranteed, jointly and severally, on a senior secured basis, subject to certain limitations, by Parent Guarantor and each of APX’s existing and future material wholly-owned U.S. restricted subsidiaries. APX’s existing and future foreign subsidiaries are not expected to guarantee the Notes. | |||||||||||||||||||||||||||||||||||||||||||||||||
Presented below is the condensed consolidating financial information of APX, subsidiaries of APX that are guarantors (the “Guarantor Subsidiaries”), and APX’s subsidiaries that are not guarantors (the “Non-Guarantor Subsidiaries”) as of September 30, 2013 and December 31, 2012 and for the three and nine months ended September 30, 2013 (Successor) and September 30, 2012 (Predecessor). The unaudited condensed consolidating financial information reflects the investments of Holdings in the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries using the equity method of accounting. | Presented below is the condensed consolidating financial information of APX, APX’s subsidiaries that are guarantors (the “Guarantor Subsidiaries”), and APX’s subsidiaries that are not guarantors (the “Non-Guarantor Subsidiaries”) as of and for the Successor Period ended December 31, 2012, the Predecessor Period ended November 16, 2012 and the years ended December 31, 2011 and 2010. The condensed consolidating financial information reflects the investments of Holdings in the Guarantor Subsidiaries and the Non-Guarantor Subsidiaries using the equity method of accounting. | |||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 (Successor) | December 31, 2012 (Successor) | |||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Assets | Current assets | $ | — | $ | 220 | $ | 79,469 | $ | 6,511 | $ | (10,927 | ) | $ | 75,273 | ||||||||||||||||||||||||||||||||||||
Current assets | $ | — | $ | 77,027 | $ | 84,589 | $ | 25,460 | $ | (23,919 | ) | $ | 163,157 | Property and equipment, net | — | — | 29,415 | 791 | — | 30,206 | ||||||||||||||||||||||||||||||
Property and equipment, net | — | — | 28,597 | 639 | — | 29,236 | Subscriber acquisition costs, net | — | — | 11,518 | 1,235 | — | 12,753 | |||||||||||||||||||||||||||||||||||||
Subscriber acquisition costs, net | — | — | 240,536 | 26,468 | — | 267,004 | Deferred financing costs, net | — | 57,322 | — | — | — | 57,322 | |||||||||||||||||||||||||||||||||||||
Deferred financing costs, net | — | 56,206 | — | — | — | 56,206 | Restricted cash | — | — | 28,428 | — | — | 28,428 | |||||||||||||||||||||||||||||||||||||
Restricted cash | — | — | 28,428 | — | — | 28,428 | Investment in subsidiaries | 679,279 | 1,966,582 | — | — | (2,645,861 | ) | — | ||||||||||||||||||||||||||||||||||||
Investment in subsidiaries | 531,352 | 1,943,321 | — | — | (2,474,673 | ) | — | Intercompany receivable | — | — | 51,754 | — | (51,754 | ) | — | |||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | 61,205 | — | (61,205 | ) | — | Customer relationships | — | — | 955,291 | 97,728 | — | 1,053,019 | ||||||||||||||||||||||||||||||||||||
Intangible assets, net | — | — | 799,830 | 82,903 | — | 882,733 | Goodwill | — | — | 842,136 | 34,506 | — | 876,642 | |||||||||||||||||||||||||||||||||||||
Goodwill | — | — | 804,041 | 33,378 | — | 837,419 | Long-term investments and other assets | — | — | 21,676 | 29 | — | 21,705 | |||||||||||||||||||||||||||||||||||||
Long-term investments and other assets | — | — | 27,333 | 25 | — | 27,358 | ||||||||||||||||||||||||||||||||||||||||||||
Total assets | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | |||||||||||||||||||||||||||||||||||||
Total Assets | $ | 531,352 | $ | 2,076,554 | $ | 2,074,559 | $ | 168,873 | $ | (2,559,797 | ) | $ | 2,291,541 | |||||||||||||||||||||||||||||||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 11,845 | $ | 91,311 | $ | 15,878 | $ | (10,927 | ) | $ | 108,107 | |||||||||||||||||||||||||||||||||||||
Liabilities and Stockholders’ Equity | Intercompany payable | — | — | — | 51,754 | (51,754 | ) | — | ||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 36,817 | $ | 159,514 | $ | 36,377 | $ | (23,919 | ) | $ | 208,789 | Notes payable, net of current portion | — | 1,333,000 | — | — | — | 1,333,000 | ||||||||||||||||||||||||||||||
Intercompany payable | — | — | — | 61,205 | (61,205 | ) | — | Capital lease obligations, net of current portion | — | — | 4,768 | — | — | 4,768 | ||||||||||||||||||||||||||||||||||||
Notes payable and revolving line of credit, net of current portion | — | 1,508,385 | — | — | — | 1,508,385 | Deferred revenue, net of current portion | — | — | 659 | 49 | — | 708 | |||||||||||||||||||||||||||||||||||||
Capital lease obligations, net of current portion | — | — | 2,918 | — | — | 2,918 | Other long-term obligations | — | — | 2,096 | 161 | — | 2,257 | |||||||||||||||||||||||||||||||||||||
Deferred revenue, net of current portion | — | — | 15,425 | 1,812 | — | 17,237 | Deferred income tax liability | — | — | 16,519 | 10,710 | — | 27,229 | |||||||||||||||||||||||||||||||||||||
Other long-term obligations | — | — | 11,239 | 323 | — | 11,562 | Total equity (deficit) | 679,279 | 679,279 | 1,904,334 | 62,248 | (2,645,861 | ) | 679,279 | ||||||||||||||||||||||||||||||||||||
Deferred income tax liability | — | — | — | 11,298 | — | 11,298 | ||||||||||||||||||||||||||||||||||||||||||||
Total equity (deficit) | 531,352 | 531,352 | 1,885,463 | 57,858 | (2,474,673 | ) | 531,352 | Total liabilities and stockholders’ equity | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | |||||||||||||||||||||||||||||
Total liabilities and stockholders’ equity | $ | 531,352 | $ | 2,076,554 | $ | 2,074,559 | $ | 168,873 | $ | (2,559,797 | ) | $ | 2,291,541 | |||||||||||||||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2011 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Balance Sheet | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2012 (Successor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Assets | ||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Current assets | $ | — | $ | — | $ | 111,459 | $ | 9,119 | $ | (43,670 | ) | $ | 76,908 | ||||||||||||||||||||||||||||||||||
Subsidiaries | Property and equipment, net | — | — | 26,402 | 38 | — | 26,440 | |||||||||||||||||||||||||||||||||||||||||||
Assets | Subscriber acquisition costs, net | — | — | 478,182 | 55,831 | — | 534,013 | |||||||||||||||||||||||||||||||||||||||||||
Current assets | $ | — | $ | 220 | $ | 79,469 | $ | 6,511 | $ | (10,927 | ) | $ | 75,273 | Deferred financing costs, net | — | — | 4,189 | — | — | 4,189 | ||||||||||||||||||||||||||||||
Property and equipment, net | — | — | 29,415 | 791 | — | 30,206 | Restricted cash | — | — | — | 1,349 | — | 1,349 | |||||||||||||||||||||||||||||||||||||
Subscriber acquisition costs, net | — | — | 11,518 | 1,235 | — | 12,753 | Investment in subsidiaries | — | (187,983 | ) | — | — | 187,983 | — | ||||||||||||||||||||||||||||||||||||
Deferred financing costs, net | — | 57,322 | — | — | — | 57,322 | Intercompany loan | — | — | 5,000 | — | (5,000 | ) | — | ||||||||||||||||||||||||||||||||||||
Restricted cash | — | — | 28,428 | — | — | 28,428 | Intangible assets, net | — | — | 706 | — | — | 706 | |||||||||||||||||||||||||||||||||||||
Investment in subsidiaries | 679,279 | 1,966,582 | — | — | (2,645,861 | ) | — | Long-term investments and other assets | — | — | 1,365 | 10 | — | 1,375 | ||||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | 51,754 | — | (51,754 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Intangible assets, net | — | — | 955,291 | 97,728 | — | 1,053,019 | Total assets | $ | — | $ | (187,983 | ) | $ | 627,303 | $ | 66,347 | $ | 139,313 | $ | 644,980 | ||||||||||||||||||||||||||||||
Goodwill | — | — | 842,136 | 34,506 | — | 876,642 | ||||||||||||||||||||||||||||||||||||||||||||
Long-term investments and other assets | — | — | 21,676 | 29 | — | 21,705 | Liabilities and stockholders’ equity (deficit) | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | — | $ | 97,281 | $ | 48,310 | $ | (43,670 | ) | $ | 101,921 | |||||||||||||||||||||||||||||||||||||
Total Assets | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | Intercompany loan | — | — | — | 5,000 | (5,000 | ) | — | |||||||||||||||||||||||||||||
Notes payable, net of current portion | — | — | 605,000 | — | — | 605,000 | ||||||||||||||||||||||||||||||||||||||||||||
Liability—contracts sold, net of current portion | — | — | 62,094 | — | — | 62,094 | ||||||||||||||||||||||||||||||||||||||||||||
Liabilities and Stockholders’ Equity | Capital lease obligations, net of current portion | — | — | 5,075 | — | — | 5,075 | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 11,845 | $ | 91,311 | $ | 15,878 | $ | (10,927 | ) | $ | 108,107 | Deferred revenue, net of current portion | — | — | 29,995 | 4,571 | — | 34,566 | ||||||||||||||||||||||||||||||
Intercompany payable | — | — | — | 51,754 | (51,754 | ) | — | Other long-term obligations | — | — | 18,087 | 1,297 | — | 19,384 | ||||||||||||||||||||||||||||||||||||
Notes payable and revolving line of credit, net of current portion | — | 1,333,000 | — | — | — | 1,333,000 | Deferred income tax liability | — | — | — | 439 | — | 439 | |||||||||||||||||||||||||||||||||||||
Capital lease obligations, net of current portion | — | — | 4,768 | — | — | 4,768 | Total APX Group, Inc. stockholders’ equity (deficit) | — | (187,983 | ) | (190,097 | ) | 2,114 | 187,983 | (187,983 | ) | ||||||||||||||||||||||||||||||||||
Deferred revenue, net of current portion | — | — | 659 | 49 | — | 708 | Non-controlling interests | — | — | (132 | ) | 4,616 | — | 4,484 | ||||||||||||||||||||||||||||||||||||
Other long-term obligations | — | — | 2,096 | 161 | — | 2,257 | ||||||||||||||||||||||||||||||||||||||||||||
Deferred income tax liability | — | — | 16,519 | 10,710 | — | 27,229 | Total liabilities and stockholders’ equity (deficit) | $ | — | $ | (187,983 | ) | $ | 627,303 | $ | 66,347 | $ | 139,313 | $ | 644,980 | ||||||||||||||||||||||||||||||
Total equity (deficit) | 679,279 | 679,279 | 1,904,334 | 62,248 | (2,645,861 | ) | 679,279 | |||||||||||||||||||||||||||||||||||||||||||
Total liabilities and stockholders’ equity | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | Condensed Consolidating Statements of Operations | ||||||||||||||||||||||||||||||||||||
For the Period From November 17, 2012 to December 31, 2012 (Successor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 (Successor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | Group, Inc. | Subsidiaries | Guarantor | |||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | — | $ | 54,251 | $ | 3,412 | $ | (57 | ) | $ | 57,606 | |||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Costs and expenses | — | — | 83,477 | 2,379 | (57 | ) | 85,799 | |||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | (Loss) income from operations | — | — | (29,226 | ) | 1,033 | — | (28,193 | ) | |||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | — | $ | 350,358 | $ | 20,103 | $ | (2,264 | ) | $ | 368,197 | (Loss) income from subsidiaries | (30,102 | ) | (17,549 | ) | — | — | 47,651 | — | ||||||||||||||||||||||||||||
Costs and expenses | — | — | 387,796 | 23,075 | (2,264 | ) | 408,607 | Other income (expense) | — | (12,553 | ) | (256 | ) | (3 | ) | — | (12,812 | ) | ||||||||||||||||||||||||||||||||
Loss from operations | — | — | (37,438 | ) | (2,972 | ) | — | (40,410 | ) | (Loss) income from continuing operations before income tax expenses | (30,102 | ) | (30,102 | ) | (29,482 | ) | 1,030 | 47,651 | (41,005 | ) | ||||||||||||||||||||||||||||||
Loss from subsidiaries | (87,341 | ) | (51,671 | ) | — | — | 139,012 | — | Income tax (benefit) expense | — | — | (11,193 | ) | 290 | — | (10,903 | ) | |||||||||||||||||||||||||||||||||
Other income (expense), net | 60,000 | (35,670 | ) | 405 | (68 | ) | (60,000 | ) | (35,333 | ) | ||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | (30,102 | ) | $ | (30,102 | ) | $ | (18,289 | ) | $ | 740 | $ | 47,651 | $ | (30,102 | ) | ||||||||||||||||||||||||||||||||||
Loss before income tax expenses | (27,341 | ) | (87,341 | ) | (37,033 | ) | (3,040 | ) | 79,012 | (75,743 | ) | |||||||||||||||||||||||||||||||||||||||
Income tax expense (benefit) | — | — | 12,447 | (849 | ) | — | 11,598 | Other comprehensive (loss) income net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||
Net (loss) income before non-controlling interests | $ | (30,102 | ) | $ | (30,102 | ) | $ | (18,289 | ) | $ | 740 | $ | 47,651 | $ | (30,102 | ) | ||||||||||||||||||||||||||||||||||
Net loss | $ | (27,341 | ) | $ | (87,341 | ) | $ | (49,480 | ) | $ | (2,191 | ) | $ | 79,012 | $ | (87,341 | ) | Foreign currency translation adjustment | — | 928 | 444 | 484 | (928 | ) | 928 | |||||||||||||||||||||||||
Total other comprehensive income (loss) | — | 928 | 444 | 484 | (928 | ) | 928 | |||||||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income, net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net loss | $ | (27,341 | ) | $ | (87,341 | ) | $ | (49,480 | ) | $ | (2,191 | ) | $ | 79,012 | $ | (87,341 | ) | Comprehensive (loss) income | $ | (30,102 | ) | $ | (29,174 | ) | $ | (17,845 | ) | $ | 1,224 | $ | 46,723 | $ | (29,174 | ) | ||||||||||||||||
Foreign currency translation adjustment | — | (3,981 | ) | (1,959 | ) | (2,022 | ) | 3,981 | (3,981 | ) | ||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | — | (3,981 | ) | (1,959 | ) | (2,022 | ) | 3,981 | (3,981 | ) | Condensed Consolidating Statements of Operations | |||||||||||||||||||||||||||||||||||||||
For the Period From January 1, 2012 to November 16, 2012 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Comprehensive loss | $ | (27,341 | ) | $ | (91,322 | ) | $ | (51,439 | ) | $ | (4,213 | ) | $ | 82,993 | $ | (91,322 | ) | (In thousands) | ||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 (Predecessor) | Group, Inc. | Subsidiaries | Guarantor | |||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | Revenues | $ | — | $ | — | $ | 375,502 | $ | 23,431 | $ | (1,363 | ) | $ | 397,570 | ||||||||||||||||||||||||||||||||||||
Costs and expenses | — | — | 413,378 | 28,548 | (1,363 | ) | 440,563 | |||||||||||||||||||||||||||||||||||||||||||
APX | Guarantor | Non- | Eliminations | Consolidated | Loss from operations | — | — | (37,876 | ) | (5,117 | ) | — | (42,993 | ) | ||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Loss from subsidiaries | — | (153,517 | ) | — | — | 153,517 | — | ||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Other (expense) | — | — | (103,830 | ) | (2,851 | ) | — | (106,681 | ) | ||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | 318,363 | $ | 17,200 | $ | (1,087 | ) | $ | 334,476 | |||||||||||||||||||||||||||||||||||||||
Costs and expenses | — | 263,121 | 16,863 | (1,087 | ) | 278,897 | (Loss) income from continuing operations before income tax expenses | — | (153,517 | ) | (141,706 | ) | (7,968 | ) | 153,517 | (149,674 | ) | |||||||||||||||||||||||||||||||||
Income tax expense | — | — | 3,500 | 1,423 | — | 4,923 | ||||||||||||||||||||||||||||||||||||||||||||
Income from operations | — | 55,242 | 337 | — | 55,579 | |||||||||||||||||||||||||||||||||||||||||||||
Loss from subsidiaries | (43,116 | ) | — | — | 43,116 | — | (Loss) income from continuing operations | — | (153,517 | ) | (145,206 | ) | (9,391 | ) | 153,517 | (154,597 | ) | |||||||||||||||||||||||||||||||||
Other expense, net | (287 | ) | (89,266 | ) | (439 | ) | — | (89,992 | ) | Loss from discontinued operations | — | — | (239 | ) | — | — | (239 | ) | ||||||||||||||||||||||||||||||||
Loss from continuing operations before income tax expenses | (43,403 | ) | (34,024 | ) | (102 | ) | 43,116 | (34,413 | ) | Net (loss) income before non-controlling interests | — | (153,517 | ) | (145,445 | ) | (9,391 | ) | 153,517 | (154,836 | ) | ||||||||||||||||||||||||||||||
Income tax expense (benefit) | — | 5,197 | (2 | ) | — | 5,195 | Net (loss) income attributable to non-controlling interests | — | — | 6,781 | (8,100 | ) | — | (1,319 | ) | |||||||||||||||||||||||||||||||||||
Loss from continuing operations | (43,403 | ) | (39,221 | ) | (100 | ) | 43,116 | (39,608 | ) | Net (loss) income | $ | — | $ | (153,517 | ) | $ | (152,226 | ) | $ | (1,291 | ) | $ | 153,517 | $ | (153,517 | ) | ||||||||||||||||||||||||
Loss from discontinued operations | — | (239 | ) | — | — | (239 | ) | |||||||||||||||||||||||||||||||||||||||||||
Other comprehensive income (loss) net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net loss before non-controlling interests | (43,403 | ) | (39,460 | ) | (100 | ) | 43,116 | (39,847 | ) | Net (loss) income before non-controlling interests | $ | — | $ | (153,517 | ) | $ | (145,445 | ) | $ | (9,391 | ) | $ | 153,517 | $ | (154,836 | ) | ||||||||||||||||||||||||
Net income (loss) attributable to non-controlling interests | — | 6,197 | (2,641 | ) | — | 3,556 | Change in fair value of interest rate swap agreement | — | 318 | 318 | — | (318 | ) | 318 | ||||||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | — | 708 | 708 | — | (708 | ) | 708 | |||||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | (43,403 | ) | $ | (45,657 | ) | $ | 2,541 | $ | 43,116 | $ | (43,403 | ) | |||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | — | 1,026 | 1,026 | — | (1,026 | ) | 1,026 | |||||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) before non-controlling interests | — | (152,491 | ) | (144,419 | ) | (9,391 | ) | 152,491 | (153,810 | ) | ||||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income, net of tax effects: | Comprehensive (loss) income attributable to non-controlling interests | — | — | 6,781 | (8,100 | ) | — | (1,319 | ) | |||||||||||||||||||||||||||||||||||||||||
Net loss before non-controlling interests | $ | (43,403 | ) | $ | (39,460 | ) | $ | (100 | ) | $ | 43,116 | $ | (39,847 | ) | ||||||||||||||||||||||||||||||||||||
Change in fair value of interest rate swap agreement | 318 | 318 | — | (318 | ) | 318 | Comprehensive (loss) income | $ | — | $ | (152,491 | ) | $ | (151,200 | ) | $ | (1,291 | ) | $ | 152,491 | $ | (152,491 | ) | |||||||||||||||||||||||||||
Foreign currency translation adjustment | 1,969 | 1,844 | 125 | (1,969 | ) | 1,969 | ||||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | 2,287 | 2,162 | 125 | (2,287 | ) | 2,287 | Condensed Consolidating Statements of Operations | |||||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income before non-controlling interests | (41,116 | ) | (37,298 | ) | 25 | 40,829 | (37,560 | ) | For the Year Ended December 31, 2011 (Predecessor) | |||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) attributable to non-controlling interests | — | 6,197 | (2,641 | ) | — | 3,556 | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income | $ | (41,116 | ) | $ | (43,495 | ) | $ | 2,666 | $ | 40,829 | $ | (41,116 | ) | |||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Statements of Cash Flows | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 (Successor) | Revenues | $ | — | $ | — | $ | 350,572 | $ | (956 | ) | $ | (9,668 | ) | $ | 339,948 | |||||||||||||||||||||||||||||||||||
(In thousands) | Costs and expenses | — | — | 295,854 | 14,748 | (9,668 | ) | 300,934 | ||||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from operations | — | — | 54,718 | (15,704 | ) | — | 39,014 | |||||||||||||||||||||||||||||||||||||||||||
(Loss) income from subsidiaries | — | (68,546 | ) | — | — | 68,546 | — | |||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Other expense | — | — | (97,993 | ) | (4,248 | ) | — | (102,241 | ) | |||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | (Loss) income from continuing operations before income tax expenses | — | (68,546 | ) | (43,275 | ) | (19,952 | ) | 68,546 | (63,227 | ) | |||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | Income tax expense (benefit) | — | — | 719 | (4,458 | ) | — | (3,739 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash provided by (used in) operating activities | $ | 60,000 | $ | (115 | ) | $ | 105,177 | $ | 34,609 | $ | (60,000 | ) | $ | 139,671 | ||||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | (Loss) income from continuing operations | — | (68,546 | ) | (43,994 | ) | (15,494 | ) | 68,546 | (59,488 | ) | |||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (240,678 | ) | (26,554 | ) | — | (267,232 | ) | Loss from discontinued operations | — | — | (2,917 | ) | — | — | (2,917 | ) | ||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (5,764 | ) | (24 | ) | — | (5,788 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from the sale of subsidiary | — | 144,750 | — | — | — | 144,750 | Net (loss) income before non-controlling interests | — | (68,546 | ) | (46,911 | ) | (15,494 | ) | 68,546 | (62,405 | ) | |||||||||||||||||||||||||||||||||
Investment in subsidiary | — | (178,077 | ) | — | — | 178,077 | — | Net income (loss) attributable to non-controlling interests | — | — | 6,769 | 345 | (973 | ) | 6,141 | |||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | — | 9 | — | — | 9 | ||||||||||||||||||||||||||||||||||||||||||||
Net cash used in acquisition | — | — | (4,272 | ) | — | — | (4,272 | ) | Net (loss) income | $ | — | $ | (68,546 | ) | $ | (53,680 | ) | $ | (15,839 | ) | $ | 69,519 | $ | (68,546 | ) | |||||||||||||||||||||||||
Other assets | — | — | (8,192 | ) | 3 | — | (8,189 | ) | ||||||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | (33,327 | ) | (258,897 | ) | (26,575 | ) | 178,077 | (140,722 | ) | Net (loss) income before non-controlling interests | $ | — | $ | (68,546 | ) | $ | (46,911 | ) | $ | (15,494 | ) | $ | 68,546 | $ | (62,405 | ) | |||||||||||||||||||||||
Cash flow from financing activities: | Change in fair value of interest rate swap agreement | — | 563 | 563 | — | (563 | ) | 563 | ||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 203,500 | — | — | — | 203,500 | Foreign currency translation adjustment | — | (1,734 | ) | (2,104 | ) | 370 | 1,734 | (1,734 | ) | ||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | (9,451 | ) | — | 9,451 | — | |||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | 178,077 | 9,451 | (187,528 | ) | — | Total other comprehensive income (loss) | — | (1,171 | ) | (1,541 | ) | 370 | 1,171 | (1,171 | ) | |||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | 22,500 | — | — | — | 22,500 | Comprehensive income (loss) before non-controlling interests | — | (69,717 | ) | (48,452 | ) | (15,124 | ) | 69,717 | (63,576 | ) | |||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | (50,500 | ) | — | — | — | (50,500 | ) | Comprehensive (loss) income attributable to non-controlling interests | — | — | 6,769 | 345 | (973 | ) | 6,141 | ||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (5,208 | ) | — | — | (5,208 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | (5,429 | ) | — | — | — | (5,429 | ) | Comprehensive (loss) income | $ | — | $ | (69,717 | ) | $ | (55,221 | ) | $ | (15,469 | ) | $ | 70,690 | $ | (69,717 | ) | |||||||||||||||||||||||||
Payment of dividends | (60,000 | ) | (60,000 | ) | — | — | 60,000 | (60,000 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash (used in) provided by financing activities | (60,000 | ) | 110,071 | 163,418 | 9,451 | (118,077 | ) | 104,863 | Condensed Consolidating Statements of Operations | |||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | (169 | ) | — | (169 | ) | (In thousands) | |||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | 76,629 | 9,698 | 17,316 | — | 103,643 | ||||||||||||||||||||||||||||||||||||||||||||
Cash: | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | 399 | 4,188 | 3,503 | — | 8,090 | Group, Inc. | Subsidiaries | Guarantor | |||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 77,028 | $ | 13,886 | $ | 20,819 | $ | — | $ | 111,733 | Revenues | $ | — | $ | — | $ | 216,392 | $ | 29,910 | $ | (7,424 | ) | $ | 238,878 | ||||||||||||||||||||||||
Costs and expenses | — | — | 192,253 | 8,820 | (7,424 | ) | 193,649 | |||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Statements of Cash Flows | Income from operations | — | — | 24,139 | 21,090 | — | 45,229 | |||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 (Predecessor) | (Loss) income from subsidiaries | — | (23,658 | ) | — | — | 23,658 | — | ||||||||||||||||||||||||||||||||||||||||||
(In thousands) | Other expense | — | — | (69,719 | ) | (148 | ) | — | (69,867 | ) | ||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations before income tax expenses | — | (23,658 | ) | (45,580 | ) | 20,942 | 23,658 | (24,638 | ) | |||||||||||||||||||||||||||||||||||||||||
Income tax (benefit) expense | — | — | (225 | ) | 4,545 | — | 4,320 | |||||||||||||||||||||||||||||||||||||||||||
APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | (Loss) income from continuing operations | — | (23,658 | ) | (45,355 | ) | 16,397 | 23,658 | (28,958 | ) | ||||||||||||||||||||||||||||||||||||||
Subsidiaries | Net loss attributable to non-controlling interests | — | — | (5,300 | ) | — | — | (5,300 | ) | |||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 94,141 | $ | 38,504 | $ | — | $ | 132,645 | Net (loss) income | $ | — | $ | (23,658 | ) | $ | (40,055 | ) | $ | 16,397 | $ | 23,658 | $ | (23,658 | ) | ||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | (192,412 | ) | (49,330 | ) | — | (241,742 | ) | Other comprehensive (loss) income net of tax effects: | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | (3,187 | ) | (268 | ) | — | (3,455 | ) | Net (loss) income before non-controlling interests | $ | — | $ | (23,658 | ) | $ | (45,355 | ) | $ | 16,397 | $ | 23,658 | $ | (28,958 | ) | ||||||||||||||||||||||||||
Investment in subsidiary | (4,562 | ) | — | — | 4,562 | — | Change in fair value of interest rate swap agreement | — | 179 | 179 | — | (179 | ) | 179 | ||||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | 274 | — | — | 274 | Foreign currency translation adjustment | — | 1,709 | — | 1,709 | (1,709 | ) | 1,709 | |||||||||||||||||||||||||||||||||||||
Other assets | — | (1,154 | ) | (18 | ) | — | (1,172 | ) | ||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | — | 1,888 | 179 | 1,709 | (1,888 | ) | 1,888 | |||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | (4,562 | ) | (196,479 | ) | (49,616 | ) | 4,562 | (246,095 | ) | Comprehensive income (loss) before non-controlling interests | — | (21,770 | ) | (45,176 | ) | 18,106 | 21,770 | (27,070 | ) | |||||||||||||||||||||||||||||||
Cash flow from financing activities: | Comprehensive (loss) income attributable to non-controlling interests | — | — | (5,300 | ) | — | — | (5,300 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 116,163 | — | — | 116,163 | |||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock and warrants | 4,562 | — | — | — | 4,562 | Comprehensive (loss) income | $ | — | $ | (21,770 | ) | $ | (39,876 | ) | $ | 18,106 | $ | 21,770 | $ | (21,770 | ) | |||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock by Solar | — | — | 5,000 | — | 5,000 | |||||||||||||||||||||||||||||||||||||||||||||
Capital contributions-non-controlling interest | — | — | 4,729 | — | 4,729 | |||||||||||||||||||||||||||||||||||||||||||||
Intercompany receivable | — | (7,174 | ) | — | 7,174 | — | Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | 4,562 | 7,174 | (11,736 | ) | — | For the Period From November 17, 2012 to December 31, 2012 (Successor) | |||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | 47,000 | 2,500 | — | 49,500 | (In thousands) | ||||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | (42,241 | ) | — | — | (42,241 | ) | |||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | 448 | — | 448 | |||||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | (3,407 | ) | — | — | (3,407 | ) | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | (5,720 | ) | (964 | ) | — | (6,684 | ) | Group, Inc. | Subsidiaries | Guarantor | |||||||||||||||||||||||||||||||||||||||
Payment of dividends | — | — | (75 | ) | — | (75 | ) | Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | 4,562 | 109,183 | 18,812 | (4,562 | ) | 127,995 | Net cash provided by (used in) operating activities | $ | — | $ | 399 | $ | (22,272 | ) | $ | 326 | $ | (3,696 | ) | $ | (25,243 | ) | ||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | 161 | — | 161 | Subscriber contract costs | — | — | (11,683 | ) | (1,255 | ) | — | (12,938 | ) | |||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (1,333 | ) | (123 | ) | — | (1,456 | ) | |||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | 6,845 | 7,861 | — | 14,706 | Net cash used in acquisition of the predecessor including transaction costs, net of cash acquired | — | (1,915,473 | ) | — | — | — | (1,915,473 | ) | ||||||||||||||||||||||||||||||||||||
Cash: | Investment in subsidiary | (708,453 | ) | (67,626 | ) | (3,696 | ) | — | 779,775 | — | ||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | 2,817 | 863 | — | 3,680 | Other assets | — | — | (19,587 | ) | — | — | (19,587 | ) | ||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 9,662 | $ | 8,724 | $ | — | $ | 18,386 | Net cash used in investing activities | (708,453 | ) | (1,983,099 | ) | (36,299 | ) | (1,378 | ) | 779,775 | (1,949,454 | ) | ||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 1,333,000 | — | — | — | 1,333,000 | ||||||||||||||||||||||||||||||||||||||||||||
Proceeds from the issuance of common stock in connection with acquisition of the predecessor | 708,453 | 708,453 | — | — | (708,453 | ) | 708,453 | |||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | 63,112 | 4,514 | (67,626 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (353 | ) | — | — | (353 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | (58,354 | ) | — | — | — | (58,354 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | 708,453 | 1,983,099 | 62,759 | 4,514 | (776,079 | ) | 1,982,746 | |||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | 41 | — | 41 | ||||||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | 399 | 4,188 | 3,503 | — | 8,090 | ||||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 399 | $ | 4,188 | $ | 3,503 | $ | — | $ | 8,090 | ||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Period From January 1, 2012 to November 16, 2012 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | — | $ | 100,385 | $ | 43,330 | $ | (48,344 | ) | $ | 95,371 | |||||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (205,705 | ) | (58,026 | ) | — | (263,731 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (5,231 | ) | (663 | ) | — | (5,894 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | — | 274 | — | — | 274 | ||||||||||||||||||||||||||||||||||||||||||||
Investment in subsidiary | — | (4,562 | ) | — | — | 4,562 | — | |||||||||||||||||||||||||||||||||||||||||||
Other assets | — | — | (725 | ) | (18 | ) | — | (743 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | (4,562 | ) | (211,387 | ) | (58,707 | ) | 4,562 | (270,094 | ) | ||||||||||||||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | — | 116,163 | — | — | 116,163 | ||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock and warrants | — | 4,562 | — | — | — | 4,562 | ||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock by Solar | — | — | — | 5,000 | — | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||
Capital contributions-non-controlling interest | — | — | — | 9,193 | — | 9,193 | ||||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | — | 101,000 | 4,000 | — | 105,000 | ||||||||||||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | (46,036 | ) | — | 46,036 | — | |||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | — | 2,254 | (2,254 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | — | (42,241 | ) | — | — | (42,241 | ) | ||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | (152 | ) | — | (152 | ) | ||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (4,060 | ) | — | — | (4,060 | ) | ||||||||||||||||||||||||||||||||||||||||||
Excess tax benefit from share-based payment awards | — | — | 2,651 | — | — | 2,651 | ||||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | — | (5,720 | ) | (964 | ) | — | (6,684 | ) | |||||||||||||||||||||||||||||||||||||||||
Payments of dividends | — | — | — | (80 | ) | — | (80 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | 4,562 | 121,757 | 19,251 | 43,782 | 189,352 | ||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | (251 | ) | — | (251 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | — | 10,755 | 3,623 | — | 14,378 | ||||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | 2,817 | 863 | — | 3,680 | ||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | — | $ | 13,572 | $ | 4,486 | $ | — | $ | 18,058 | ||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2011 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by (used in) operating activities | $ | — | $ | — | $ | (47,002 | ) | $ | 13,962 | $ | (3,802 | ) | $ | (36,842 | ) | |||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (178,824 | ) | (24,753 | ) | — | (203,577 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (6,516 | ) | (5 | ) | — | (6,521 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | — | 185 | — | — | 185 | ||||||||||||||||||||||||||||||||||||||||||||
Investment in subsidiary | — | (45,068 | ) | — | 45,068 | — | ||||||||||||||||||||||||||||||||||||||||||||
Other assets | — | — | 2,315 | (5 | ) | — | 2,310 | |||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | (45,068 | ) | (182,840 | ) | (24,763 | ) | 45,068 | (207,603 | ) | ||||||||||||||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | — | 187,500 | 5,000 | (5,000 | ) | 187,500 | |||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock and warrants | — | 45,068 | — | — | — | 45,068 | ||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock by Solar | — | — | — | 5,000 | — | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||
Capital contributions-non-controlling interest | — | — | — | 224 | — | 224 | ||||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | 36,266 | — | (36,266 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | — | 87,300 | — | — | 87,300 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | — | (75,209 | ) | — | — | (75,209 | ) | ||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | (1,348 | ) | — | (1,348 | ) | ||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (2,357 | ) | — | — | (2,357 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | — | (2,000 | ) | — | — | (2,000 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | 45,068 | 231,500 | 8,876 | (41,266 | ) | 244,178 | |||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | 247 | — | 247 | ||||||||||||||||||||||||||||||||||||||||||||
Net (decrease) increase in cash | — | — | 1,658 | (1,678 | ) | — | (20 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | 3,700 | — | — | 3,700 | ||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | — | $ | 5,358 | $ | (1,678 | ) | $ | — | $ | 3,680 | |||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | — | $ | 27,583 | $ | 21,540 | $ | (15,802 | ) | $ | 33,321 | |||||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (140,885 | ) | (22,828 | ) | — | (163,713 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (1,834 | ) | (45 | ) | — | (1,879 | ) | |||||||||||||||||||||||||||||||||||||||||
Repayment of advances to related parties, net | — | — | (15,802 | ) | — | 15,802 | — | |||||||||||||||||||||||||||||||||||||||||||
Other assets | — | — | (1,709 | ) | (1,864 | ) | — | (3,573 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (160,230 | ) | (24,737 | ) | 15,802 | (169,165 | ) | |||||||||||||||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | — | 62,500 | — | — | 62,500 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | — | 6,650 | — | — | 6,650 | ||||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | 72,104 | — | — | 72,104 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (1,224 | ) | — | — | (1,224 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | — | (2,345 | ) | — | — | (2,345 | ) | ||||||||||||||||||||||||||||||||||||||||||
Payments of dividends | — | — | (1,000 | ) | — | — | (1,000 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | — | 136,685 | — | — | 136,685 | ||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | 1,708 | — | 1,708 | ||||||||||||||||||||||||||||||||||||||||||||
Net (decrease) increase in cash | — | — | 4,038 | (1,489 | ) | — | 2,549 | |||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | (1,018 | ) | 2,169 | — | 1,151 | |||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | — | $ | 3,020 | $ | 680 | $ | — | $ | 3,700 | ||||||||||||||||||||||||||||||||||||||
Subsequent_Event
Subsequent Event | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2013 | Dec. 31, 2012 | ||
Subsequent Events [Abstract] | ' | ' | |
Subsequent Event | ' | ' | |
NOTE 17—SUBSEQUENT EVENTSfootnote | NOTE 19—SUBSEQUENT EVENT | ||
Sale of 2GIG Technologies, Inc. | |||
footnote: | E&Y to update as necessary. | On April 1, 2013, the Company completed the 2GIG Sale to Nortek. Pursuant to the terms of the 2GIG Sale, Nortek acquired all of the outstanding common stock of 2GIG for aggregate cash consideration of approximately $135,000,000, subject to cash, working capital and indebtedness adjustments as provided in the purchase agreement associated with the sale. In connection with the 2GIG Sale, the Company entered into a five-year supply agreement with 2GIG, pursuant to which 2GIG will be the exclusive provider of the Company’s control panel requirements. Due to our continued involvement with 2GIG under this agreement, it is not considered a discontinued operation. |
Basis_of_Presentation_and_Sign
Basis of Presentation and Significant Accounting Policies | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Accounting Policies [Abstract] | ' | ||||||||||||||||
Basis of Presentation and Significant Accounting Policies | ' | ||||||||||||||||
NOTE 1—BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES | |||||||||||||||||
Unaudited Interim Financial Statements | |||||||||||||||||
On November 16, 2012, APX Group, Inc. (“APX”), 2GIG Technologies, Inc. (“2GIG”), and their respective subsidiaries were acquired by an investor group comprised of certain investment funds affiliated with Blackstone Capital Partners VI L.P., and certain co-investors and management investors (collectively, the “Investors”). This stock acquisition was accomplished through certain mergers and related reorganization transactions (collectively, the “Merger”) pursuant to which each of APX and 2GIG, and their respective subsidiaries became indirect wholly-owned subsidiaries of 313 Acquisition LLC, an entity wholly-owned by the Investors. | |||||||||||||||||
As a result of the Merger, Vivint, Inc. and its wholly-owned subsidiaries and 2GIG and its wholly-owned subsidiaries collectively became wholly-owned by APX Group, Inc., which is wholly-owned by APX Group Holdings, Inc. (“Holdings”), which is wholly-owned by APX Parent Holdco, Inc., which is wholly owned by 313 Acquisition, LLC. APX Parent Holdco, Inc. and APX Group Holdings, Inc. have no operations and were formed for the purpose of facilitating the Merger. | |||||||||||||||||
The Merger, the equity investment by the Investors, entering into our revolving credit facility and $10.0 million of borrowings thereunder, the issuance of the $925,000,000 of 6.375% Senior Secured Notes due 2019 and $380,000,000 of 8.75% Senior Notes due 2020 (See Note 4) and the payment of related fees and expenses are collectively referred to in this prospectus as the “Transactions.” | |||||||||||||||||
The accompanying interim unaudited condensed consolidated financial statements included in this prospectus have been prepared by APX Group Holdings, Inc. and subsidiaries (the “Company”) without audit. Certain information and footnote disclosures normally included in consolidated financial statements prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) have been condensed or omitted pursuant to such rules and regulations. The information as of December 31, 2012 included in the unaudited condensed consolidated balance sheets was derived from the Company’s audited consolidated financial statements. The unaudited condensed consolidated financial statements included in this prospectus were prepared on the same basis as the audited consolidated financial statements and, in the opinion of management, reflect all adjustments (all of which are considered of normal recurring nature) considered necessary to present fairly the Company’s financial position, results of operations and cash flows for the periods and dates presented. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. | |||||||||||||||||
These unaudited condensed consolidated financial statements and notes should be read in conjunction with the Company’s audited consolidated financial statements and related notes for the years ended December 31, 2012 and 2011 set forth in the Company’s prospectus dated September 24, 2013, as filed with the Securities and Exchange Commission (“SEC”) in accordance with Rule 424(b) of the Securities Act of 1933, as amended on September 24, 2013, which is available on the SEC’s website at sec.gov. | |||||||||||||||||
The direct-to-home component of the sales cycle for the Company is seasonal in nature. The Company makes investments in the recruitment of the sales force and inventory for the summer sales period prior to each summer season. The sales season generally runs from late April to the end of August each year. The Company experiences increases in subscriber acquisition costs, as well as costs to support the sales force around North America, during this time period. | |||||||||||||||||
Basis of Presentation—As a result of the Merger, the unaudited condensed consolidated financial statements are presented on two bases of accounting and are not necessarily comparable: January 1, 2012 through September 30, 2012 (the “Predecessor Period” or “Predecessor” as context requires) and January 1, 2013 through September 30, 2013 (the “Successor Period” or “Successor” as context requires), which relate to the period preceding the Merger and the period succeeding the Merger, respectively. The unaudited condensed consolidated financial statements for the Predecessor Period are presented for APX Group, Inc. and its wholly-owned subsidiaries, including variable interest entities. The unaudited condensed consolidated financial statements for the Successor Period reflect the Merger and are presented for APX Group Holdings, Inc. and its wholly-owned subsidiaries. On April 1, 2013, the Company completed the sale of 2GIG and its subsidiary to Nortek, Inc. (the “2GIG Sale”). Therefore, its results of operations are excluded following the sale. The results of operations of the Successor are not comparable to the results of operations of the Predecessor due to the Merger, the 2GIG Sale and the basis of presentation due to purchase accounting as compared to historical cost in accordance with Accounting Standards Codification (“ASC”) 805 Business Combinations. | |||||||||||||||||
The unaudited condensed consolidated financial statements for the Predecessor and Successor include the results of operations of the following entities: | |||||||||||||||||
Successor | Predecessor | ||||||||||||||||
APX Group Holdings, Inc. | — | ||||||||||||||||
APX Group, Inc. | APX Group, Inc. | ||||||||||||||||
Vivint, Inc. | Vivint, Inc. | ||||||||||||||||
Vivint Canada, Inc. | Vivint Canada, Inc. | ||||||||||||||||
ARM Security, Inc. | ARM Security, Inc. | ||||||||||||||||
AP AL, LLC | AP AL, LLC | ||||||||||||||||
Vivint Purchasing, LLC | Vivint Purchasing, LLC | ||||||||||||||||
Vivint Servicing, LLC | Vivint Servicing, LLC | ||||||||||||||||
2GIG Technologies, Inc. (a) | 2GIG Technologies, Inc. | ||||||||||||||||
2GIG Technologies Canada, Inc. (a) | 2GIG Technologies Canada, Inc. | ||||||||||||||||
313 Aviation, LLC | — | ||||||||||||||||
Vivint Louisiana, LLC | — | ||||||||||||||||
Vivint New Zealand, Ltd. | — | ||||||||||||||||
Vivint Wireless, Inc. | — | ||||||||||||||||
Smartrove, Inc. | — | ||||||||||||||||
Vivint Australia Pty. Ltd. | — | ||||||||||||||||
— | V Solar Holdings, Inc. | ||||||||||||||||
— | Vivint Solar, Inc. | ||||||||||||||||
(a) | On April 1, 2013, the Company sold 2GIG and its subsidiaries and as a result, its operations are not included in the Company’s results of operations following the sale. | ||||||||||||||||
Revenue Recognition—The Company recognizes revenue principally on three types of transactions: (i) monitoring, which includes revenues for monitoring of the Company’s subscriber contracts and certain subscriber contracts that have been sold, (ii) service and other sales, which includes services provided on contracts, contract fulfillment revenue, contract sales, sales of products that are not part of the basic equipment package and revenue from 2GIG, and (iii) activation fees on the Company’s contracts, which are amortized over the expected life of the customer. | |||||||||||||||||
Monitoring services for the Company’s subscriber contracts are billed in advance, generally monthly, pursuant to the terms of subscriber contracts and recognized ratably over the service period. Revenue from monitoring contracts that have been sold is recognized monthly as services are provided based on rates negotiated as part of the contract sales. Costs of providing ongoing monitoring services are expensed in the period incurred. Deferred revenue includes payments for monitoring services to be provided in future periods. | |||||||||||||||||
Activation fees are charged to a customer when a new account is opened. This revenue is deferred and recognized using a 150% declining balance method over 12 years and converts to a straight-line methodology when the resulting revenue recognition is greater than that from the accelerated method for the remaining estimated life. | |||||||||||||||||
Service and other sales revenue is recognized as services are provided or when title to the products and equipment sold transfers to the customer. Contract fulfillment revenue, included in service and other sales, is recognized when payment is received from customers who cancel their contract in-term. Revenue from sales of products that are not part of the basic equipment package is recognized upon delivery of products. | |||||||||||||||||
Also included in service and other sales revenue, prior to the date of the 2GIG Sale, was net recurring services revenue, which was based on back-end services, provided by Alarm.com, for all panels sold to distributors and direct-sell dealers and subsequently placed in service at end-user locations. Prior to the 2GIG Sale, the Company received a fixed monthly amount from Alarm.com for each system installed with non-Vivint customers that used the Alarm.com platform. | |||||||||||||||||
Revenue from the sale of subscriber contracts is recognized when ownership of the contracts has transferred to the purchaser. Any unamortized deferred revenue and costs related to contract sales are recognized in operating expense at the time of the sale. | |||||||||||||||||
Subscriber Contract Costs—A portion of the direct costs of acquiring new subscribers, primarily sales commissions, equipment, and installation costs, are deferred and recognized over a pattern that reflects the estimated life of the subscriber relationships. For both the Successor Period and Predecessor Period, the Company amortizes these costs using a 150% declining balance method over 12 years and converts to a straight-line methodology when the resulting amortization charge is greater than that from the accelerated method for the remaining estimated life. The Company evaluates subscriber account attrition on a periodic basis, utilizing observed attrition rates for the Company’s subscriber contracts and industry information and, when necessary, makes adjustments to the estimated subscriber relationship period and amortization method. | |||||||||||||||||
Accounts Receivable—Accounts receivable consist primarily of amounts due from customers for the sale of equipment on credit and recurring monthly monitoring services. The accounts receivable are recorded at invoiced amounts and are non-interest bearing. The gross amount of accounts receivable has been reduced by an allowance for doubtful accounts of $2,560,000 and $2,301,000 at September 30, 2013 and December 31, 2012, respectively. The Company estimates this allowance based on historical collection rates and subscriber attrition rates. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. As of September 30, 2013 and December 31, 2012, no accounts receivable were classified as held for sale. | |||||||||||||||||
The changes in the Company’s allowance for accounts receivable were as follows for the periods ended (in thousands): | |||||||||||||||||
Successor | Predecessor | Successor | Predecessor | ||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||||
September 30, | September 30, | ||||||||||||||||
2013 | 2012 | 2013 | 2012 | ||||||||||||||
Beginning balance | $ | 2,625 | $ | 2,375 | $ | 2,301 | $ | 1,903 | |||||||||
Bad debt expense | 2,860 | 2,776 | 8,299 | 6,254 | |||||||||||||
Write-offs and adjustments | (2,925 | ) | (2,476 | ) | (8,040 | ) | (5,482 | ) | |||||||||
Balance at end of period | $ | 2,560 | $ | 2,675 | $ | 2,560 | $ | 2,675 | |||||||||
Inventories—Inventories, which comprise home automation and security system equipment and parts, are stated at the lower of cost or market with cost determined under the first-in, first-out (FIFO) method. The Company records an allowance for excess and obsolete inventory based on anticipated obsolescence and usage, along with historical write-offs. | |||||||||||||||||
Fair Value Measurement—Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: | |||||||||||||||||
Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. | |||||||||||||||||
Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. | |||||||||||||||||
Level 3: Unobservable inputs are used when little or no market data is available. | |||||||||||||||||
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during the three and nine months ended September 30, 2013 and the fiscal year 2012. | |||||||||||||||||
Goodwill—Goodwill represents the amount by which the total purchase consideration exceeded the fair value of tangible and intangible assets acquired in the Merger and the Smartrove, Inc. (“Smartrove”) acquisition (See Note 2). This goodwill primarily resulted from the expected growth in the business, partly based on historical performance, resulting from the potential to increase recurring monthly revenue to existing customers by offering them additional services and the potential to continue growing the overall subscriber base through the Company’s existing sales channels. Under applicable accounting guidance, the Company is permitted to use a qualitative approach to evaluate goodwill impairment when no indicators of impairment exist and if certain accounting criteria are met. To the extent that indicators exist or the criteria are not met, the Company uses a quantitative approach to evaluate goodwill impairment. Such quantitative impairment assessment is performed using a two-step, fair value based test. The first step requires that the Company compare the estimated fair value of its reporting units to the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit is greater than the carrying value of its net assets, goodwill is not considered to be impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value of its net assets, the Company would be required to complete the second step of the test by analyzing the fair value of its goodwill. If the carrying value of the goodwill exceeds its fair value, an impairment charge is recorded. No goodwill impairment was recognized for the Successor Period. |
Divestiture_of_Subsidiary
Divestiture of Subsidiary | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||
Divestiture of Subsidiary | ' | ||||
NOTE 3—DIVESTITURE OF SUBSIDIARY | |||||
On April 1, 2013, the Company completed the 2GIG Sale. Pursuant to the terms of the 2GIG Sale, Nortek, Inc. acquired all of the outstanding common stock of 2GIG for aggregate cash consideration of approximately $148,871,000, including cash, working capital and indebtedness adjustments as provided in the stock purchase agreement. In connection with the 2GIG Sale, the Company entered into a five-year supply agreement with 2GIG, pursuant to which they will be the exclusive provider of the Company’s control panel requirements, subject to certain exceptions as provided in the supply agreement. A portion of the net proceeds from the 2GIG Sale was used to repay $44,000,000 of outstanding borrowings under the Company’s revolving credit facility. The terms of the indenture governing the existing senior unsecured notes, the indenture governing the existing senior secured notes and the credit agreement governing our revolving credit facility, permit the Company, subject to certain conditions, to distribute all or a portion of the net proceeds from the 2GIG Sale to the Company’s stockholders. In May 2013, the Company distributed a dividend of $60,000,000 from such proceeds to stockholders. Subject to the applicable conditions, the Company may distribute the remaining proceeds in the future. The Company’s financial position and results of operations include 2GIG through March 31, 2013. | |||||
The following table summarizes the net gain recognized in connection with this divestiture (in thousands): | |||||
Adjusted net sale price | $ | 148,871 | |||
2GIG assets (including cash of $3,383), net of liabilities | (108,797 | ) | |||
2.0 technology, net of amortization | 16,903 | ||||
Other | (9,855 | ) | |||
Net gain on divestiture | $ | 47,122 | |||
Intangible_Assets
Intangible Assets | 9 Months Ended | ||||||||||
Sep. 30, 2013 | |||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||
Intangible Assets | ' | ||||||||||
NOTE 8—INTANGIBLE ASSETS | |||||||||||
Intangible assets, net | |||||||||||
The following table presents intangible asset balances (in thousands): | |||||||||||
September 30, | December 31, | Estimated | |||||||||
2013 | 2012 | Useful Lives | |||||||||
Customer contracts | $ | 987,553 | $ | 990,777 | 10 years | ||||||
2GIG 2.0 technology | 17,000 | 17,000 | 8 years | ||||||||
CMS and other technology | 4,643 | 2,300 | 5 years | ||||||||
Smartrove technology | 4,040 | — | 3 years | ||||||||
Other technology | 650 | — | 2 years | ||||||||
2GIG customer relationships | — | 45,000 | 10 years | ||||||||
2GIG 1.0 technology | — | 8,000 | 6 years | ||||||||
1,013,886 | 1,063,077 | ||||||||||
Accumulated amortization | (131,153 | ) | (10,058 | ) | |||||||
Net ending balance | $ | 882,733 | $ | 1,053,019 | |||||||
The 2GIG customer relationships and 2GIG 1.0 technology intangible assets were disposed of in connection with the 2GIG Sale (See Note 3). The 2GIG 2.0 technology was retained by the Company. | |||||||||||
In connection with the Smartrove acquisition, the Company also purchased certain intellectual property for cash consideration of $650,000, of which $130,000 is held in escrow for the indemnification of claims or disputes that may arise. The escrow is scheduled to be released on May 30, 2014, less any amount of unresolved claims. | |||||||||||
Amortization expense related to intangible assets was approximately $40,701,000 and $84,000 for the three months ended September 30, 2013 and 2012, respectively, and approximately $123,426,000 and $254,000 for the nine months ended September 30, 2013 and 2012, respectively. | |||||||||||
Estimated future amortization expense of intangible assets is as follows (in thousands): | |||||||||||
2013 – remaining period | $ | 40,852 | |||||||||
2014 | 149,938 | ||||||||||
2015 | 133,387 | ||||||||||
2016 | 115,308 | ||||||||||
2017 | 100,280 | ||||||||||
Thereafter | 342,968 | ||||||||||
Total estimated amortization expense | $ | 882,733 | |||||||||
Significant_Accounting_Policie1
Significant Accounting Policies (Policies) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||
Accounting Policies [Abstract] | ' | ' | ||||||||||||||||||||||||||||
Basis of Presentation | ' | ' | ||||||||||||||||||||||||||||
Basis of Presentation—As a result of the Merger, the unaudited condensed consolidated financial statements are presented on two bases of accounting and are not necessarily comparable: January 1, 2012 through September 30, 2012 (the “Predecessor Period” or “Predecessor” as context requires) and January 1, 2013 through September 30, 2013 (the “Successor Period” or “Successor” as context requires), which relate to the period preceding the Merger and the period succeeding the Merger, respectively. The unaudited condensed consolidated financial statements for the Predecessor Period are presented for APX Group, Inc. and its wholly-owned subsidiaries, including variable interest entities. The unaudited condensed consolidated financial statements for the Successor Period reflect the Merger and are presented for APX Group Holdings, Inc. and its wholly-owned subsidiaries. On April 1, 2013, the Company completed the sale of 2GIG and its subsidiary to Nortek, Inc. (the “2GIG Sale”). Therefore, its results of operations are excluded following the sale. The results of operations of the Successor are not comparable to the results of operations of the Predecessor due to the Merger, the 2GIG Sale and the basis of presentation due to purchase accounting as compared to historical cost in accordance with Accounting Standards Codification (“ASC”) 805 Business Combinations. | Basis of Presentation—As a result of the Merger, the consolidated financial statements are presented on two bases of accounting and are not necessarily comparable: January 1, 2010 through November 16, 2012 (the “Predecessor Period” or “Predecessor” as context requires) and November 17, 2012 through December 31, 2012 (the “Successor Period” or “Successor” as context requires), which relate to the period preceding the Merger and the period succeeding the Merger, respectively. The audited consolidated financial statements for the Predecessor Period are presented for APX Group, Inc. and its wholly-owned subsidiaries, including variable interest entities. The audited consolidated financial statements for the Successor Period reflect the Merger presenting the financial position and results of operations of APX Group Holdings, Inc. and its wholly-owned subsidiaries. The financial position and results of operations of the Successor are not comparable to the financial position and results of operations of the Predecessor due to the Merger and the basis of presentation of purchase accounting as compared to historical cost in accordance with Accounting Standards Codification (“ASC”) 805 Business Combinations. | |||||||||||||||||||||||||||||
The unaudited condensed consolidated financial statements for the Predecessor and Successor include the results of operations of the following entities: | The consolidated financial statements for the Predecessor and Successor include the financial position and results of operations of the following entities: | |||||||||||||||||||||||||||||
Successor | Predecessor | Successor | Predecessor | |||||||||||||||||||||||||||
APX Group Holdings, Inc. | — | APX Group Holdings, Inc. | — | |||||||||||||||||||||||||||
APX Group, Inc. | APX Group, Inc. | APX Group, Inc. | APX Group, Inc. | |||||||||||||||||||||||||||
Vivint, Inc. | Vivint, Inc. | Vivint, Inc. | Vivint, Inc. | |||||||||||||||||||||||||||
Vivint Canada, Inc. | Vivint Canada, Inc. | Vivint Canada, Inc. | Vivint Canada, Inc. | |||||||||||||||||||||||||||
ARM Security, Inc. | ARM Security, Inc. | ARM Security, Inc. | ARM Security, Inc. | |||||||||||||||||||||||||||
AP AL, LLC | AP AL, LLC | AP AL, LLC | AP AL, LLC | |||||||||||||||||||||||||||
Vivint Purchasing, LLC | Vivint Purchasing, LLC | Vivint Purchasing, LLC | Vivint Purchasing, LLC | |||||||||||||||||||||||||||
Vivint Servicing, LLC | Vivint Servicing, LLC | Vivint Servicing, LLC | Vivint Servicing, LLC | |||||||||||||||||||||||||||
2GIG Technologies, Inc. (a) | 2GIG Technologies, Inc. | 2GIG Technologies, Inc. | 2GIG Technologies, Inc. | |||||||||||||||||||||||||||
2GIG Technologies Canada, Inc. (a) | 2GIG Technologies Canada, Inc. | 2GIG Technologies Canada, Inc. | 2GIG Technologies Canada, Inc. | |||||||||||||||||||||||||||
313 Aviation, LLC | — | — | V Solar Holdings, Inc. | |||||||||||||||||||||||||||
Vivint Louisiana, LLC | — | — | Vivint Solar, Inc. | |||||||||||||||||||||||||||
Vivint New Zealand, Ltd. | — | 313 Aviation, LLC | — | |||||||||||||||||||||||||||
Vivint Wireless, Inc. | — | |||||||||||||||||||||||||||||
Smartrove, Inc. | — | The Successor and Predecessor Period include substantially the same operating entities except that Vivint Solar, Inc. and its subsidiaries (“Solar”) is not included in the Successor Period since Solar is separately owned and is no longer a consolidated variable interest entity. | ||||||||||||||||||||||||||||
Vivint Australia Pty. Ltd. | — | |||||||||||||||||||||||||||||
— | V Solar Holdings, Inc. | |||||||||||||||||||||||||||||
— | Vivint Solar, Inc. | |||||||||||||||||||||||||||||
(a) | On April 1, 2013, the Company sold 2GIG and its subsidiaries and as a result, its operations are not included in the Company’s results of operations following the sale. | |||||||||||||||||||||||||||||
Principles of Consolidation | ' | ' | ||||||||||||||||||||||||||||
Principles of Consolidation—The accompanying Successor consolidated financial statements include the accounts of APX Group Holdings, Inc. and its subsidiaries, including 2GIG as a wholly-owned subsidiary. The accompanying Predecessor consolidated financial statements include APX Group, Inc. and its subsidiaries, and 2GIG and Solar, which were variable interest entities (or “VIE’s”) prior to the Merger (See Note 7). All significant intercompany balances and transactions have been eliminated in consolidation. | ||||||||||||||||||||||||||||||
The financial information presented in the accompanying consolidated financial statements reflects the financial position and operating results of Smart Grid as discontinued operations (See Note 6). | ||||||||||||||||||||||||||||||
Changes in Presentation of Comparative Financial Statements | ' | ' | ||||||||||||||||||||||||||||
Changes in Presentation of Comparative Financial Statements—Contract fulfillment revenue, which represents payments received from customers who cancel their contract in-term and was previously presented separately, is included in service and other sales revenue to conform to the current year presentation. Intangible assets that were previously included in long-term investments and other assets are presented in intangible assets, net. These changes did not have a significant impact on the consolidated financial statements. | ||||||||||||||||||||||||||||||
Revenue Recognition | ' | ' | ||||||||||||||||||||||||||||
Revenue Recognition—The Company recognizes revenue principally on three types of transactions: (i) monitoring, which includes revenues for monitoring of the Company’s subscriber contracts and certain subscriber contracts that have been sold, (ii) service and other sales, which includes services provided on contracts, contract fulfillment revenue, contract sales, sales of products that are not part of the basic equipment package and revenue from 2GIG, and (iii) activation fees on the Company’s contracts, which are amortized over the expected life of the customer. | Revenue Recognition—The Company recognizes revenue principally on four types of transactions: (i) monitoring, which includes revenues for monitoring of the Company’s subscriber contracts and certain subscriber contracts that have been sold, (ii) activation fees on the Company’s contracts, which are amortized over the expected life of the customer, (iii) service and other sales, which includes services provided on contracts, contract fulfillment revenue, sales of products that are not part of the basic equipment package and revenue from 2GIG, and (iv) contract sales. | |||||||||||||||||||||||||||||
Monitoring services for the Company’s subscriber contracts are billed in advance, generally monthly, pursuant to the terms of subscriber contracts and recognized ratably over the service period. Revenue from monitoring contracts that have been sold is recognized monthly as services are provided based on rates negotiated as part of the contract sales. Costs of providing ongoing monitoring services are expensed in the period incurred. Deferred revenue includes payments for monitoring services to be provided in future periods. | Monitoring services for the Company’s subscriber contracts are billed in advance, generally monthly, pursuant to the terms of subscriber contracts and recognized ratably over the service period. Revenue from monitoring contracts that have been sold is recognized monthly as services are provided based on rates negotiated as part of the contract sales. Costs of providing ongoing monitoring services are expensed in the period incurred. | |||||||||||||||||||||||||||||
Activation fees are charged to a customer when a new account is opened. This revenue is deferred and recognized using a 150% declining balance method over 12 years and converts to a straight-line methodology when the resulting revenue recognition is greater than that from the accelerated method for the remaining estimated life. | Activation fees are charged to a customer when a new account is opened. This revenue is deferred and recognized over a pattern that reflects the estimated life of a customer relationship, generally 12 years. | |||||||||||||||||||||||||||||
Service and other sales revenue is recognized as services are provided or when title to the products and equipment sold transfers to the customer. Contract fulfillment revenue, included in service and other sales, is recognized when payment is received from customers who cancel their contract in-term. Revenue from sales of products that are not part of the basic equipment package is recognized upon delivery of products. | ||||||||||||||||||||||||||||||
Service and other sales revenue is recognized as services are provided or when title to the products and equipment sold transfers to the customer. Contract fulfillment revenue, included in service and other sales, is recognized when payment is received from customers who cancel their contract in-term. Revenue from sales of products that are not part of the basic equipment package is recognized upon delivery of products. | Also included in service and other sales revenue is net recurring services revenue, which is based on back-end services, provided by Alarm.com, for all panels sold to distributors and direct-sell dealers and subsequently placed in service in end-user locations. The Company receives a fixed monthly amount from Alarm.com for each system installed with non-Vivint customers that use the Alarm.com platform. | |||||||||||||||||||||||||||||
Also included in service and other sales revenue, prior to the date of the 2GIG Sale, was net recurring services revenue, which was based on back-end services, provided by Alarm.com, for all panels sold to distributors and direct-sell dealers and subsequently placed in service at end-user locations. Prior to the 2GIG Sale, the Company received a fixed monthly amount from Alarm.com for each system installed with non-Vivint customers that used the Alarm.com platform. | Revenue from the sale of subscriber contracts is recognized when ownership of the contracts has transferred to the purchaser. Any unamortized deferred revenue and costs related to contract sales are recognized at the time of the sale. | |||||||||||||||||||||||||||||
Revenue from the sale of subscriber contracts is recognized when ownership of the contracts has transferred to the purchaser. Any unamortized deferred revenue and costs related to contract sales are recognized in operating expense at the time of the sale. | ||||||||||||||||||||||||||||||
Subscriber Contract Costs | ' | ' | ||||||||||||||||||||||||||||
Subscriber Contract Costs—A portion of the direct costs of acquiring new subscribers, primarily sales commissions, equipment, and installation costs, are deferred and recognized over a pattern that reflects the estimated life of the subscriber relationships. For both the Successor Period and Predecessor Period, the Company amortizes these costs using a 150% declining balance method over 12 years and converts to a straight-line methodology when the resulting amortization charge is greater than that from the accelerated method for the remaining estimated life. The Company evaluates subscriber account attrition on a periodic basis, utilizing observed attrition rates for the Company’s subscriber contracts and industry information and, when necessary, makes adjustments to the estimated subscriber relationship period and amortization method. | Subscriber Contract Costs—A portion of the direct costs of acquiring new subscribers, primarily sales commissions, equipment, and installation costs, are deferred and recognized over a pattern that reflects the estimated life of the subscriber relationships. The Company amortizes these costs using a 150% declining balance method over 12 years for both the Successor Period and Predecessor Period. The Company evaluates subscriber account attrition on a periodic basis, utilizing observed attrition rates for the Company’s subscriber contracts and industry information and, when necessary, makes adjustments to the estimated subscriber relationship period and amortization method. | |||||||||||||||||||||||||||||
In conjunction with the Merger and in accordance with purchase accounting, the total purchase price was allocated to the Company’s net tangible and identifiable intangible assets based on their estimated fair values established, in part, with the assistance of an independent appraisal firm as of November 16, 2012 (See Note 3). The Company recorded the value of Subscriber Contract Costs on the date of the Transactions at fair value and classified it as an intangible asset which is amortized over 10 years in a pattern that is consistent with the amount of revenue expected to be generated from the related subscriber contracts. | ||||||||||||||||||||||||||||||
Cash Held for Other Contract Owners | ' | ' | ||||||||||||||||||||||||||||
Cash Held for Other Contract Owners—Prior to the Merger, the Company collected monthly cash payments for monitoring services for certain contracts that had been sold and then remitted these payments to the owners of those contracts. The Company offset this cash against the corresponding payable and, as a result, these balances do not appear on the consolidated balance sheets. In connection with the Merger, these subscriber contracts were repurchased by the Company and are now part of its subscriber account base at December 31, 2012. As of December 31, 2011, the Company had approximately $2,507,000 of cash and corresponding accounts payable that had been collected for other contract owners. | ||||||||||||||||||||||||||||||
Restricted Cash | ' | ' | ||||||||||||||||||||||||||||
Restricted Cash—Restricted cash is cash that is restricted for a specific purpose and cannot be included in the general cash account. At December 31, 2012, the restricted cash was held by a third-party trustee. At December 31, 2011, the Company held restricted cash in a bank primarily related to the Solar credit facility. | ||||||||||||||||||||||||||||||
Accounts Receivable | ' | ' | ||||||||||||||||||||||||||||
Accounts Receivable—Accounts receivable consist primarily of amounts due from customers for the sale of equipment on credit and recurring monthly monitoring services. The accounts receivable are recorded at invoiced amounts and are non-interest bearing. The gross amount of accounts receivable has been reduced by an allowance for doubtful accounts of $2,560,000 and $2,301,000 at September 30, 2013 and December 31, 2012, respectively. The Company estimates this allowance based on historical collection rates and subscriber attrition rates. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. As of September 30, 2013 and December 31, 2012, no accounts receivable were classified as held for sale. | Accounts Receivable—Accounts receivable consist primarily of amounts due from customers for recurring monthly monitoring services. The accounts receivable are recorded at invoiced amounts and are non-interest bearing. The gross amount of accounts receivable has been reduced by an allowance for doubtful accounts of $2,301,000 and $1,903,000 at December 31, 2012 and 2011, respectively. The Company estimates this allowance based on historical collection rates, subscriber attrition rates, and contractual obligations underlying the sale of the subscriber contracts to third parties. When the Company determines that there are accounts receivable that are uncollectible, they are charged off against the allowance for doubtful accounts. As of December 31, 2012 and 2011, no accounts receivable were classified as held for sale. | |||||||||||||||||||||||||||||
The changes in the Company’s allowance for accounts receivable were as follows for the periods ended (in thousands): | The changes in the Company’s allowance for accounts receivable were as follows for the years ended (in thousands): | |||||||||||||||||||||||||||||
Successor | Predecessor | Successor | Predecessor | Successor | Predecessor | |||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | Period from | Period from | December 31, | ||||||||||||||||||||||||||
September 30, | September 30, | November 17, | January 1, | 2011 | ||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | through | through | |||||||||||||||||||||||||
Beginning balance | $ | 2,625 | $ | 2,375 | $ | 2,301 | $ | 1,903 | December 31, | November 16, | ||||||||||||||||||||
Bad debt expense | 2,860 | 2,776 | 8,299 | 6,254 | 2012 | 2012 | ||||||||||||||||||||||||
Write-offs and adjustments | (2,925 | ) | (2,476 | ) | (8,040 | ) | (5,482 | ) | Beginning balance | $ | 3,649 | $ | 1,903 | $ | 1,484 | |||||||||||||||
Bad debt expense | 1,307 | 8,204 | 7,026 | |||||||||||||||||||||||||||
Balance at end of period | $ | 2,560 | $ | 2,675 | $ | 2,560 | $ | 2,675 | Write-offs and adjustments | (2,655 | ) | (6,458 | ) | (6,607 | ) | |||||||||||||||
Balance at end of period | $ | 2,301 | $ | 3,649 | $ | 1,903 | ||||||||||||||||||||||||
Inventories | ' | ' | ||||||||||||||||||||||||||||
Inventories—Inventories, which comprise home automation and security system equipment and parts, are stated at the lower of cost or market with cost determined under the first-in, first-out (FIFO) method. The Company records an allowance for excess and obsolete inventory based on anticipated obsolescence and usage, along with historical write-offs. | Inventories—Inventories, which comprise home automation and security system equipment and parts, are stated at the lower of cost or market with cost determined under the first-in, first-out (FIFO) method. The Company records an allowance for excess and obsolete inventory based on anticipated obsolescence, usage and historical write-offs. | |||||||||||||||||||||||||||||
Long-lived Assets and Intangibles | ' | ' | ||||||||||||||||||||||||||||
Long-lived Assets and Intangibles—Property and equipment are stated at cost and depreciated on the straight-line method over the estimated useful lives of the assets or the lease term, whichever is shorter. Intangible assets with definite lives are amortized over the remaining estimated economic life of the underlying technology or relationships, which ranges from 5 to 10 years. Amortization expense associated with leased assets is included with depreciation expense. Routine repairs and maintenance are charged to expense as incurred. Intangible assets are amortized on the straight-line method over the estimated useful life of the asset or in a pattern in which the economic benefits of the intangible asset are consumed. The Company periodically assesses potential impairment of its long-lived assets and intangibles and performs an impairment review whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The Company has no intangible assets with indefinite useful lives. | ||||||||||||||||||||||||||||||
Deferred Financing Costs | ' | ' | ||||||||||||||||||||||||||||
Deferred Financing Costs—Costs incurred in connection with obtaining debt financing are deferred and amortized utilizing the straight-line method, which approximates the effective-interest method, over the life of the related financing. If such financing is paid off or replaced prior to maturity with debt instruments that have substantially different terms, the unamortized costs are charged to expense. In connection with refinancing the debt, in conjunction with the Transactions the Company wrote off $3,451,000 related to unamortized deferred financing costs associated with the Credit Agreement. Deferred financing costs included in the accompanying consolidated balance sheets at December 31, 2012 and 2011 were $57,322,000 and $4,189,000, net of accumulated amortization of $1,032,000 and $16,445,000, respectively. Amortization expense on deferred financing costs recognized and included in interest expense, net, in the accompanying consolidated statements of operations, totaled $1,032,000 for the Successor Period ended December 31, 2012, $6,619,000 for the Predecessor Period ended November 16, 2012 and $7,709,000 and $5,632,000 for the years ended December 31, 2011 and 2010, respectively. | ||||||||||||||||||||||||||||||
Residual Income Plan | ' | ' | ||||||||||||||||||||||||||||
Residual Income Plan—Prior to the Merger, the Company had a program that allowed sales representatives to elect to defer commission payments and for third-party sales channel partners to receive additional compensation based on the performance of the underlying contracts they created during the season. The Company calculated the present value of the expected future payments and recognized this amount in the period the commissions were earned. Subsequent accretion and adjustments to the estimated liability were recorded as interest and other expense, respectively. The Company monitored actual payments and customer attrition on a periodic basis and, when necessary, made adjustments to the liability. In connection with the Merger, the Company settled its obligation to the employee participants of this plan. The obligation related to commissions owed to third-party channel partners was not settled in connection with the Merger, and this program continued after the Merger. The amount included in accrued expenses and other current liabilities was $1,418,000 at December 31, 2012, representing the present value of the estimated amounts owed to third-party sales channel partners. The amount included in other long-term obligations was $11,515,000 at December 31, 2011. | ||||||||||||||||||||||||||||||
Stock-Based Compensation | ' | ' | ||||||||||||||||||||||||||||
Stock-Based Compensation—The Company measures compensation cost based on the grant-date fair value of the award and recognizes that cost over the requisite service period of the awards (See Note 13). | ||||||||||||||||||||||||||||||
Advertising Expense | ' | ' | ||||||||||||||||||||||||||||
Advertising Expense—Advertising costs are expensed as incurred. Advertising costs were approximately $1,686,000 for the Successor Period ended December 31, 2012, $8,204,000 for the Predecessor Period ended November 16, 2012 and $8,505,000 and $3,834,000 for the years ended December 31, 2011 and 2010, respectively. | ||||||||||||||||||||||||||||||
Income Taxes | ' | ' | ||||||||||||||||||||||||||||
Income Taxes—The Company accounts for income taxes based on the asset and liability method. Under the asset and liability method, deferred tax assets and deferred tax liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Valuation allowances are established when necessary to reduce deferred tax assets when it is determined that it is more likely than not that some portion of the deferred tax asset will not be realized. | ||||||||||||||||||||||||||||||
The Company recognizes the effect of an uncertain income tax position on the income tax return at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant taxing authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. The Company’s policy for recording interest and penalties is to record such items as a component of the provision for income taxes. | ||||||||||||||||||||||||||||||
Liability-Contracts Sold | ' | ' | ||||||||||||||||||||||||||||
Liability—Contracts Sold—During 2007 and 2008, the Company received approximately $118,136,000 in proceeds from the sale of certain subscriber contracts to a third-party. Concurrently, the Company entered into an agreement with the buyer to continue providing monitoring and support services for the contracts that were sold. Following the initial one-year warranty period from the date of the sales, the Company had no obligation under the terms of the sales agreement to make any additional payments to the seller. In August 2012, the Company agreed to repurchase the contracts upon a change of control, as defined. As a result of this continuing involvement on the part of the Company in the servicing of the contracts, accounting guidance precluded gain recognition at the time of the sales. Accordingly, the Company recorded a liability for the proceeds received at the time of the sales and amortized the liability using the effective interest method over twelve years, the expected life of the subscriber contracts. The Company recorded the monthly fees from these contracts as monitoring revenue in the statements of operations. In connection with the Merger, these contracts were re-acquired and, as a result, the related liability was satisfied. | ||||||||||||||||||||||||||||||
Interest Income | ' | ' | ||||||||||||||||||||||||||||
Interest Income—Interest income is included with interest expense, net on the consolidated statements of operations and totaled approximately $4,000 for the Successor Period ended December 31, 2012, $61,000 for the Predecessor Period ended November 16, 2012 and $64,000 and $59,000 for the years ended December 31, 2011 and 2010, respectively. | ||||||||||||||||||||||||||||||
Use of Estimates | ' | ' | ||||||||||||||||||||||||||||
Use of Estimates—The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements. Actual results could differ from those estimates. | ||||||||||||||||||||||||||||||
Concentrations of Credit Risk | ' | ' | ||||||||||||||||||||||||||||
Concentrations of Credit Risk—Financial instruments that potentially subject the Company to concentration of credit risk consist principally of receivables and cash. At times during the year, the Company maintains cash balances in excess of insured limits. The Company is not dependent on any single customer or geographic location. The loss of a customer would not adversely impact the Company’s operating results or financial position. | ||||||||||||||||||||||||||||||
Interest Rate Swap Agreement | ' | ' | ||||||||||||||||||||||||||||
Interest Rate Swap Agreement—The Company formally documents the relationship between its hedging instrument (interest rate swap agreement) and the hedged item (term loan borrowings), as well as its risk-management objective and strategy for undertaking the hedge transaction. This process includes linking the interest rate swap agreement that is designated as a cash flow hedge to the specific liability on the balance sheet. The Company also formally assesses, both at the hedge’s inception and on an ongoing basis, whether the interest rate swap that is used as a hedging transaction is highly effective in offsetting changes in cash flows of the hedged item. Any change in the fair value of the instrument, which is highly effective, is included as a component of accumulated other comprehensive income until earnings are affected by the variability of cash flows. The net payments are recognized as an increase or decrease to interest expense in the consolidated statements of operations. If the Company determines that the interest rate swap is no longer highly effective as a hedge or that it has ceased to be a highly effective hedge, the Company will discontinue hedge accounting prospectively (See Note 5). | ||||||||||||||||||||||||||||||
Fair Value Measurement | ' | ' | ||||||||||||||||||||||||||||
Fair Value Measurement—Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: | Fair Value Measurement—Assets and liabilities subject to on-going fair value measurement are categorized and disclosed into one of three categories depending on observable or unobservable inputs employed in the measurement. These two types of inputs have created the following fair value hierarchy: | |||||||||||||||||||||||||||||
Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. | Level 1: Quoted prices in active markets that are accessible at the measurement date for assets and liabilities. | |||||||||||||||||||||||||||||
Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. | ||||||||||||||||||||||||||||||
Level 3: Unobservable inputs are used when little or no market data is available. | Level 2: Observable prices that are based on inputs not quoted in active markets, but corroborated by market data. | |||||||||||||||||||||||||||||
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during the three and nine months ended September 30, 2013 and the fiscal year 2012. | Level 3: Unobservable inputs are used when little or no market data is available. | |||||||||||||||||||||||||||||
This hierarchy requires the Company to minimize the use of unobservable inputs and to use observable market data, if available, when determining fair value. The Company recognizes transfers between levels of the hierarchy based on the fair values of the respective financial measurements at the end of the reporting period in which the transfer occurred. There were no transfers between levels of the fair value hierarchy during fiscal 2012 or 2011. | ||||||||||||||||||||||||||||||
The carrying amounts of the Company’s accounts receivable, accounts payable and accrued and other liabilities approximate their fair values due to their short maturities. | ||||||||||||||||||||||||||||||
Goodwill | ' | ' | ||||||||||||||||||||||||||||
Goodwill—Goodwill represents the amount by which the total purchase consideration exceeded the fair value of tangible and intangible assets acquired in the Merger and the Smartrove, Inc. (“Smartrove”) acquisition (See Note 2). This goodwill primarily resulted from the expected growth in the business, partly based on historical performance, resulting from the potential to increase recurring monthly revenue to existing customers by offering them additional services and the potential to continue growing the overall subscriber base through the Company’s existing sales channels. Under applicable accounting guidance, the Company is permitted to use a qualitative approach to evaluate goodwill impairment when no indicators of impairment exist and if certain accounting criteria are met. To the extent that indicators exist or the criteria are not met, the Company uses a quantitative approach to evaluate goodwill impairment. Such quantitative impairment assessment is performed using a two-step, fair value based test. The first step requires that the Company compare the estimated fair value of its reporting units to the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit is greater than the carrying value of its net assets, goodwill is not considered to be impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value of its net assets, the Company would be required to complete the second step of the test by analyzing the fair value of its goodwill. If the carrying value of the goodwill exceeds its fair value, an impairment charge is recorded. No goodwill impairment was recognized for the Successor Period. | Goodwill—Goodwill represents the amount by which the total purchase consideration exceeded the fair value of the tangible and intangible assets acquired in the Merger. This goodwill primarily resulted from the expected growth in the business, partly based on historical performance, resulting from the potential to increase recurring monthly revenue to existing customers by offering them additional services and the potential to continue growing the overall subscriber base through the Company’s existing sales channels. The Company conducts a goodwill impairment analysis annually and as necessary if changes in facts and circumstances indicate that the fair value of the Company’s reporting units may be less than its carrying amount. The Company’s goodwill impairment test consists of two steps. The first step requires that the Company compare the estimated fair value of its reporting units to the carrying value of the reporting unit’s net assets, including goodwill. If the fair value of the reporting unit is greater than the carrying value of its net assets, goodwill is not considered to be impaired and no further testing is required. If the fair value of the reporting unit is less than the carrying value of its net assets, the Company would be required to complete the second step of the test by analyzing the fair value of its goodwill. If the carrying value of the goodwill exceeds its fair value, an impairment charge is recorded. | |||||||||||||||||||||||||||||
Foreign Currency Translation and Other Comprehensive Income | ' | ' | ||||||||||||||||||||||||||||
Foreign Currency Translation and Other Comprehensive Income—The functional currency of Vivint Canada, Inc. is the Canadian dollar. Accordingly, assets and liabilities are translated from Canadian dollars into U.S. dollars at year-end rates and revenue and expenses are translated at the weighted-average exchange rates for the year. Adjustments resulting from this translation process are classified as other comprehensive income (loss) and shown as a separate component of equity. | ||||||||||||||||||||||||||||||
Letters of Credit | ' | ' | ||||||||||||||||||||||||||||
Letters of Credit—At December 31, 2012, the Company had $2,168,000 of unused letters of credit associated with workers compensation and a bond line for the Company’s corporate, sales and installation personnel. | ||||||||||||||||||||||||||||||
New Accounting Pronouncement | ' | ' | ||||||||||||||||||||||||||||
New Accounting Pronouncement—In July 2012, the FASB issued guidance regarding testing indefinite-lived intangible assets for impairment. The guidance provides an entity the option to assess qualitative factors to determine whether the existence of events and circumstances leads to the determination that it is more likely than not (a likelihood of more than 50 percent) that the indefinite-lived intangible asset is impaired. If the entity concludes that it is more likely than not that the asset is impaired, it is required to determine the fair value of the intangible asset and perform the quantitative impairment test by comparing the fair value with the carrying value. If the entity concludes otherwise, no further quantitative assessment is required. This guidance is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012, although early adoption is permitted. The adoption of this guidance is not expected to have an impact on the Company’s results of operations, financial position or cash flows. | ||||||||||||||||||||||||||||||
In January 2013, the FASB issued Accounting Standards Update No. 2013-02 – Comprehensive Income, which requires an entity to provide information about the amounts reclassified from accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of its income statement or in its notes, significant amounts reclassified from accumulated other comprehensive income by the net income line item. This update is effective for periods beginning after December 15, 2012. The adoption of this guidance is not expected to have a material impact on the Company’s results of operations, financial position or cash flows. | ||||||||||||||||||||||||||||||
Subsequent Events | ' | ' | ||||||||||||||||||||||||||||
Subsequent Events—The Company has evaluated subsequent events through April 30, 2013, the date the financial statements were available to be issued. |
Significant_Accounting_Policie2
Significant Accounting Policies (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||
Accounting Policies [Abstract] | ' | ' | ||||||||||||||||||||||||||||
Schedule of Company's Allowance for Accounts Receivable | ' | ' | ||||||||||||||||||||||||||||
The changes in the Company’s allowance for accounts receivable were as follows for the periods ended (in thousands): | The changes in the Company’s allowance for accounts receivable were as follows for the years ended (in thousands): | |||||||||||||||||||||||||||||
Successor | Predecessor | Successor | Predecessor | Successor | Predecessor | |||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | Period from | Period from | December 31, | ||||||||||||||||||||||||||
September 30, | September 30, | November 17, | January 1, | 2011 | ||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | through | through | |||||||||||||||||||||||||
Beginning balance | $ | 2,625 | $ | 2,375 | $ | 2,301 | $ | 1,903 | December 31, | November 16, | ||||||||||||||||||||
Bad debt expense | 2,860 | 2,776 | 8,299 | 6,254 | 2012 | 2012 | ||||||||||||||||||||||||
Write-offs and adjustments | (2,925 | ) | (2,476 | ) | (8,040 | ) | (5,482 | ) | Beginning balance | $ | 3,649 | $ | 1,903 | $ | 1,484 | |||||||||||||||
Bad debt expense | 1,307 | 8,204 | 7,026 | |||||||||||||||||||||||||||
Balance at end of period | $ | 2,560 | $ | 2,675 | $ | 2,560 | $ | 2,675 | Write-offs and adjustments | (2,655 | ) | (6,458 | ) | (6,607 | ) | |||||||||||||||
Balance at end of period | $ | 2,301 | $ | 3,649 | $ | 1,903 | ||||||||||||||||||||||||
Business_Combination_Tables
Business Combination (Tables) | 9 Months Ended | 12 Months Ended | ||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||
Summary of Preliminary Components of Cash Paid to Acquire Company | ' | ' | ||||||||
The following table summarizes the preliminary components of cash paid to acquire the Company (in thousands): | The following table summarizes the preliminary purchase price consideration (in thousands): | |||||||||
Revolving line of credit | $ | 10,000 | Revolving line of credit | $ | 10,000 | |||||
Issuance of bonds, net of issuance costs | 1,246,646 | Issuance of bonds, net of issuance costs | 1,246,646 | |||||||
Contributed equity | 713,821 | Contributed equity | 713,821 | |||||||
Less: Transaction costs | (31,540 | ) | Less: Transaction costs | (31,540 | ) | |||||
Less: Net worth adjustment | (3,289 | ) | Less: Net worth adjustment | (5,368 | ) | |||||
Total consideration transferred | $ | 1,935,638 | Total purchase consideration | $ | 1,933,559 | |||||
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | ' | ' | ||||||||
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | ||||||||||
Current assets acquired | $ | 73,239 | ||||||||
Property, plant and equipment | 29,293 | |||||||||
Other assets | 30,535 | |||||||||
Intangible assets | 1,062,300 | |||||||||
Goodwill | 876,371 | |||||||||
Current liabilities assumed | (100,258 | ) | ||||||||
Deferred income tax liability | (32,144 | ) | ||||||||
Other liabilities | (5,777 | ) | ||||||||
Total purchase price allocation | $ | 1,933,559 | ||||||||
Blackstone Group [Member] | ' | ' | ||||||||
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | ' | ' | ||||||||
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | ||||||||||
Current assets acquired | $ | 73,239 | ||||||||
Property, plant and equipment | 29,293 | |||||||||
Other assets | 30,535 | |||||||||
Intangible assets (See Note 8) | 1,062,300 | |||||||||
Goodwill | 878,450 | |||||||||
Current liabilities assumed | (100,258 | ) | ||||||||
Deferred income tax liability | (32,144 | ) | ||||||||
Other liabilities | (5,777 | ) | ||||||||
Total fair value of the assets acquired and liabilities assumed | $ | 1,935,638 | ||||||||
Smartrove [Member] | ' | ' | ||||||||
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | ' | ' | ||||||||
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed (in thousands): | ||||||||||
Net assets acquired from Smartrove | $ | 3 | ||||||||
Deferred income tax liability | (1,533 | ) | ||||||||
Intangible assets (See Note 8) | 4,040 | |||||||||
Goodwill | 1,765 | |||||||||
Total fair value of the assets acquired and liabilities assumed | $ | 4,275 | ||||||||
LongTerm_Debt_Tables
Long-Term Debt (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ' | ||||||||||||||||||||
Summary of Debt | ' | ' | ||||||||||||||||||||
The Company’s debt at September 30, 2013 consisted of the following (in thousands): | The Company’s debt at December 31, 2012 and 2011 consisted of the following (in thousands): | |||||||||||||||||||||
Outstanding | Unamortized | Net Carrying | Successor | Predecessor | ||||||||||||||||||
Principal | Premium | Amount | December 31, | December 31, | ||||||||||||||||||
6.375% Senior Secured Notes due 2019 | $ | 925,000 | $ | — | $ | 925,000 | 2012 | 2011 | ||||||||||||||
8.75% Senior Notes due 2020 | 580,000 | 3,385 | 583,385 | Revolving credit facility | $ | 28,000 | $ | — | ||||||||||||||
6.375% Senior Secured Notes due 2019 | 925,000 | — | ||||||||||||||||||||
Total Notes payable | $ | 1,505,000 | $ | 3,385 | $ | 1,508,385 | 8.75% Senior Notes due 2020 | 380,000 | — | |||||||||||||
Dual draw term loan due 2013 | — | 355,000 | ||||||||||||||||||||
The Company’s debt at December 31, 2012 consisted of the following (in thousands): | Term loan due 2013 | — | 250,000 | |||||||||||||||||||
Revolving line of credit | — | 18,741 | ||||||||||||||||||||
Outstanding | Unamortized | Net Carrying | Total debt | 1,333,000 | 623,741 | |||||||||||||||||
Principal | Premium | Amount | Less: Current portion of long-term debt | — | 18,741 | |||||||||||||||||
Revolving credit facility | $ | 28,000 | $ | — | $ | 28,000 | ||||||||||||||||
6.375% Senior Secured Notes due 2019 | 925,000 | — | 925,000 | Total Long-term debt | $ | 1,333,000 | $ | 605,000 | ||||||||||||||
8.75% Senior Notes due 2020 | 380,000 | — | 380,000 | |||||||||||||||||||
Total Notes payable | $ | 1,333,000 | $ | — | $ | 1,333,000 | ||||||||||||||||
Scheduled of Maturities of Long-Term Debt | ' | ' | ||||||||||||||||||||
The scheduled maturities of long-term debt at September 30, 2013 are as follows (in thousands): | The scheduled maturities of long-term debt at December 31, 2012 are as follows (in thousands): | |||||||||||||||||||||
2018 and thereafter | 1,505,000 | 2013 | $ | — | ||||||||||||||||||
2014 | — | |||||||||||||||||||||
2015 | — | |||||||||||||||||||||
2016 | — | |||||||||||||||||||||
2017 | 28,000 | |||||||||||||||||||||
2018 and thereafter | 1,305,000 | |||||||||||||||||||||
Total | $ | 1,333,000 | ||||||||||||||||||||
Discontinued_Operations_Tables
Discontinued Operations (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2012 | |||||||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||||||
Discontinued Operations of Disposed Business Component | ' | ||||||||
The following table presents discontinued operations of the disposed business component (in thousands): | |||||||||
Predecessor | |||||||||
Period from | Year ended | ||||||||
January 1, | December 31, | ||||||||
through | 2011 | ||||||||
November 16, | |||||||||
2012 | |||||||||
Revenue, net | $ | 91 | $ | 336 | |||||
Operating loss | (329 | ) | (1,938 | ) | |||||
Interest expense | (1 | ) | — | ||||||
Impairment of acquired intangible asset | — | (1,315 | ) | ||||||
Total discontinued operations | $ | (239 | ) | $ | (2,917 | ) | |||
Variable_Interest_Entities_Tab
Variable Interest Entities (Tables) | 12 Months Ended | ||||
Dec. 31, 2012 | |||||
2GIG [Member] | ' | ||||
Carrying Amount of Assets and Liabilities | ' | ||||
The following table summarizes the carrying amount of 2GIG’s assets and liabilities, before intercompany eliminations (in thousands): | |||||
Predecessor | |||||
December 31, | |||||
2011 | |||||
Cash | $ | 1,007 | |||
Accounts receivable | 5,042 | ||||
Inventories, net | 9,641 | ||||
Other assets | 170 | ||||
Total current assets | 15,860 | ||||
Property and equipment, net | 985 | ||||
Long-term investments and other assets | 65 | ||||
Total assets | $ | 16,910 | |||
Accounts payable and accrued liabilities | $ | 10,056 | |||
Customer deposits | 6,987 | ||||
Total liabilities | $ | 17,043 | |||
Solar [Member] | ' | ||||
Carrying Amount of Assets and Liabilities | ' | ||||
The following table summarizes the carrying amount of Solar’s assets and liabilities, before intercompany eliminations (in thousands): | |||||
Predecessor | |||||
December 31, | |||||
2011 | |||||
Cash | $ | 84 | |||
Accounts receivable, net | 2 | ||||
Inventories, net | 1,327 | ||||
Other assets | 5,086 | ||||
Total current assets | 6,499 | ||||
Subscriber contract costs, net | 2,007 | ||||
Restricted cash | 1,348 | ||||
Total assets | $ | 9,854 | |||
Accounts payable and accrued liabilities | $ | 238 | |||
Total current liabilities | 238 | ||||
Note payable to Vivint, Inc. | 5,000 | ||||
Balance_Sheet_Components_Table
Balance Sheet Components (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' | ' | ||||||||||||||||
Schedule of Company's Balance Sheet Component Balances | ' | ' | ||||||||||||||||
The following table presents balance sheet component balances (in thousands): | The following table presents balance sheet component balances as of December 31, 2012 and December 31, 2011 (in thousands): | |||||||||||||||||
September 30, | December 31, | Successor | Predecessor | |||||||||||||||
2013 | 2012 | December 31, | December 31, | |||||||||||||||
2012 | 2011 | |||||||||||||||||
Subscriber contract costs | Inventories | |||||||||||||||||
Subscriber contract costs | $ | 280,006 | $ | 12,934 | Inventory stock | $ | 32,507 | $ | 59,901 | |||||||||
Accumulated amortization | (13,002 | ) | (181 | ) | Inventory valuation | (180 | ) | (3,413 | ) | |||||||||
Subscriber contract costs, net | $ | 267,004 | $ | 12,753 | Inventories, net | $ | 32,327 | $ | 56,488 | |||||||||
Subscriber contract costs | ||||||||||||||||||
Long-term investments and other assets | Subscriber contract costs | $ | 12,934 | $ | 685,372 | |||||||||||||
Note receivable (See Notes 5 and 13) | $ | 20,871 | $ | 15,341 | Accumulated amortization | (181 | ) | (151,359 | ) | |||||||||
Security deposit receivable | 6,255 | 6,236 | ||||||||||||||||
Other | 232 | 128 | Subscriber contract costs, net | $ | 12,753 | $ | 534,013 | |||||||||||
Total long-term investments and other assets, net | $ | 27,358 | $ | 21,705 | Long-term investments and other assets | |||||||||||||
Note receivable (See Note 7, 15) | $ | 15,341 | $ | 882 | ||||||||||||||
Security deposit receivable | 6,236 | 178 | ||||||||||||||||
Accrued payroll and commissions | Other | 128 | 315 | |||||||||||||||
Accrued payroll | $ | 10,278 | $ | 7,396 | ||||||||||||||
Accrued commissions | 77,576 | 13,050 | Total long-term investments and other assets, net | $ | 21,705 | $ | 1,375 | |||||||||||
Total accrued payroll and commissions | $ | 87,854 | $ | 20,446 | Accrued payroll and commissions | |||||||||||||
Accrued payroll | $ | 7,396 | $ | 5,220 | ||||||||||||||
Accrued commissions | 13,050 | 9,384 | ||||||||||||||||
Total accrued payroll and commissions | $ | 20,446 | $ | 14,604 | ||||||||||||||
Property_and_Equipment_Tables
Property and Equipment (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Property Plant And Equipment [Abstract] | ' | ' | ||||||||||||||||||||
Components of Company's Property and Equipment | ' | ' | ||||||||||||||||||||
Property and equipment consisted of the following (in thousands): | Property and equipment consisted of the following (in thousands): | |||||||||||||||||||||
September 30, | December 31, | Estimated | Successor | Predecessor | ||||||||||||||||||
2013 | 2012 | Useful Lives | December 31, | December 31, | Estimated | |||||||||||||||||
Vehicles | $ | 9,298 | $ | 10,038 | 3 – 5 years | 2012 | 2011 | Useful Lives | ||||||||||||||
Computer equipment and software | 6,420 | 4,797 | 3 – 5 years | Vehicles | $ | 10,038 | $ | 10,791 | 3 – 5 years | |||||||||||||
Leasehold improvements | 13,080 | 7,599 | 2 – 15 years | Computer equipment and software | 4,797 | 10,607 | 3 – 5 years | |||||||||||||||
Office furniture, fixtures and equipment | 4,513 | 1,924 | 7 years | Leasehold improvements | 7,599 | 8,371 | 3 – 15 years | |||||||||||||||
Warehouse equipment | 1,726 | 3,066 | 7 years | Office furniture, fixtures and equipment | 1,924 | 5,309 | 7 years | |||||||||||||||
Buildings | 702 | 702 | 39 years | Warehouse equipment | 3,066 | 2,126 | 7 years | |||||||||||||||
Construction in process | 294 | 3,245 | Buildings | 702 | 968 | 39 years | ||||||||||||||||
Construction in process | 3,245 | 682 | ||||||||||||||||||||
36,033 | 31,371 | |||||||||||||||||||||
31,371 | 38,854 | |||||||||||||||||||||
Accumulated depreciation and amortization | (6,797 | ) | (1,165 | ) | Accumulated depreciation | (1,165 | ) | (12,414 | ) | |||||||||||||
Net property and equipment | $ | 29,236 | $ | 30,206 | Net ending balance | $ | 30,206 | $ | 26,440 | |||||||||||||
Goodwill_And_Intangible_Assets1
Goodwill And Intangible Assets (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||
Changes in Carrying Amount of Goodwill | ' | ||||||||||||
The changes in the carrying amount of goodwill from January 1, 2012 to December 31, 2012, by operating segment, were as follows (in thousands): | |||||||||||||
Vivint | 2GIG | Consolidated | |||||||||||
Balance as of January 1, 2012 | $ | — | $ | — | $ | — | |||||||
Goodwill resulting from the Merger | 832,579 | 43,792 | 876,371 | ||||||||||
Effect of foreign currency translation | 271 | — | 271 | ||||||||||
Balance as of December 31, 2012 | $ | 832,850 | $ | 43,792 | $ | 876,642 | |||||||
Schedule of Intangible Asset Balances | ' | ||||||||||||
The following table presents intangible asset balances as of December 31, 2012 and December 31, 2011 (in thousands): | |||||||||||||
Successor | Predecessor | ||||||||||||
December 31, | December 31, | Estimated | |||||||||||
2012 | 2011 | Useful Lives | |||||||||||
Customer contracts | $ | 990,777 | $ | — | 10 years | ||||||||
2GIG customer relationships | 45,000 | — | 10 years | ||||||||||
2GIG 2.0 technology | 17,000 | — | 8 years | ||||||||||
2GIG 1.0 technology | 8,000 | — | 6 years | ||||||||||
CMS technology | 2,300 | — | 5 years | ||||||||||
Purchased technology | — | 3,395 | 2 years | ||||||||||
Lead generation technology | — | 1,695 | 5 years | ||||||||||
1,063,077 | 5,090 | ||||||||||||
Accumulated amortization | (10,058 | ) | (4,384 | ) | |||||||||
Net ending balance | $ | 1,053,019 | $ | 706 | |||||||||
Intangible_Assets_Tables
Intangible Assets (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ' | ||||||||||||||
Schedule of Estimated Future Amortization Expense of Intangible Assets | ' | ' | ||||||||||||||
Estimated future amortization expense of intangible assets is as follows (in thousands): | Estimated future amortization expense of intangible assets is as follows (in thousands): | |||||||||||||||
2013 – remaining period | $ | 40,852 | 2013 | $ | 169,218 | |||||||||||
2014 | 149,938 | 2014 | 155,233 | |||||||||||||
2015 | 133,387 | 2015 | 138,598 | |||||||||||||
2016 | 115,308 | 2016 | 120,912 | |||||||||||||
2017 | 100,280 | 2017 | 105,919 | |||||||||||||
Thereafter | 342,968 | Thereafter | 363,139 | |||||||||||||
Total estimated amortization expense | $ | 882,733 | Total estimated amortization expense | $ | 1,053,019 | |||||||||||
Schedule of Intangible Asset Balances | ' | ' | ||||||||||||||
The following table presents intangible asset balances (in thousands): | ||||||||||||||||
September 30, | December 31, | Estimated | ||||||||||||||
2013 | 2012 | Useful Lives | ||||||||||||||
Customer contracts | $ | 987,553 | $ | 990,777 | 10 years | |||||||||||
2GIG 2.0 technology | 17,000 | 17,000 | 8 years | |||||||||||||
CMS and other technology | 4,643 | 2,300 | 5 years | |||||||||||||
Smartrove technology | 4,040 | — | 3 years | |||||||||||||
Other technology | 650 | — | 2 years | |||||||||||||
2GIG customer relationships | — | 45,000 | 10 years | |||||||||||||
2GIG 1.0 technology | — | 8,000 | 6 years | |||||||||||||
1,013,886 | 1,063,077 | |||||||||||||||
Accumulated amortization | (131,153 | ) | (10,058 | ) | ||||||||||||
Net ending balance | $ | 882,733 | $ | 1,053,019 | ||||||||||||
Fair_Value_Measurements_Tables
Fair Value Measurements (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||
Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
Fair Assets and Liabilities Measured at Fair Value on Recurring Basis | ' | ||||||||||||||||
Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2011 were as follows (in thousands): | |||||||||||||||||
Fair Value Measurements as of December 31, 2011: | |||||||||||||||||
Liabilities | Total | Level 1 | Level 2 | Level 3 | |||||||||||||
Warrant liabilities | $ | 1,788 | $ | — | $ | — | $ | 1,788 | |||||||||
Interest rate swap | 318 | — | 318 | — | |||||||||||||
Total | $ | 2,106 | $ | — | $ | 318 | $ | 1,788 | |||||||||
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||||||
Income Tax (Benefit) Provision | ' | ||||||||||||||||
Income tax (benefit) provision consisted of the following (in thousands): | |||||||||||||||||
Successor | Predecessor | ||||||||||||||||
Period from | Period from | Year Ended | Year Ended | ||||||||||||||
November 17 | January 1 | December 31, | December 31, | ||||||||||||||
through | through | 2011 | 2010 | ||||||||||||||
December 31, | November 16, | ||||||||||||||||
2012 | 2012 | ||||||||||||||||
Current income tax: | |||||||||||||||||
Federal | $ | — | $ | 2,635 | $ | 86 | $ | (363 | ) | ||||||||
State | 56 | 837 | 633 | 142 | |||||||||||||
Foreign | 28 | 276 | — | (430 | ) | ||||||||||||
Total | 84 | 3,748 | 719 | (651 | ) | ||||||||||||
Deferred income tax: | |||||||||||||||||
Federal | (9,489 | ) | — | — | — | ||||||||||||
State | (1,788 | ) | — | — | — | ||||||||||||
Foreign | 290 | 1,175 | (4,458 | ) | 4,971 | ||||||||||||
Total | (10,987 | ) | 1,175 | (4,458 | ) | 4,971 | |||||||||||
Deferred income tax: | $ | (10,903 | ) | $ | 4,923 | $ | (3,739 | ) | $ | 4,320 | |||||||
Schedule of Effective Income Tax Rate Reconciliation | ' | ||||||||||||||||
Successor | Predecessor | ||||||||||||||||
Period from | Period from | Year Ended | Year Ended | ||||||||||||||
November 17 | January 1 | December 31, | December 31, | ||||||||||||||
through | through | 2011 | 2010 | ||||||||||||||
December 31, | November 16, | ||||||||||||||||
2012 | 2012 | ||||||||||||||||
Computed expected tax expense | $ | (13,941 | ) | $ | (50,970 | ) | $ | (22,489 | ) | $ | (8,377 | ) | |||||
State income taxes, net of federal tax effect | (1,143 | ) | 555 | 434 | 91 | ||||||||||||
Foreign income taxes | (69 | ) | 610 | 831 | (1,889 | ) | |||||||||||
Permanent differences | 534 | 4,820 | 193 | (335 | ) | ||||||||||||
Non-deductible acquisition costs | 3,716 | 2,896 | — | — | |||||||||||||
Intercompany elimination | — | 2,843 | — | — | |||||||||||||
Change in valuation allowance | — | 44,169 | 17,292 | 14,830 | |||||||||||||
Provision for income taxes | $ | (10,903 | ) | $ | 4,923 | $ | (3,739 | ) | $ | 4,320 | |||||||
Significant Portions of Deferred Tax Assets and Liabilities | ' | ||||||||||||||||
The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and liabilities were as follows (in thousands): | |||||||||||||||||
Successor | Predecessor | ||||||||||||||||
December 31, | December 31, | ||||||||||||||||
2012 | 2011 | ||||||||||||||||
Gross deferred tax assets: | |||||||||||||||||
Net operating loss carryforwards | $ | 339,831 | $ | 224,619 | |||||||||||||
Accrued expenses and allowances | 48,455 | 15,691 | |||||||||||||||
Inventory reserves | 528 | 5,612 | |||||||||||||||
Alternative minimum tax credit and research and development credit | 101 | 140 | |||||||||||||||
Deferred subscriber income | 15 | 9,615 | |||||||||||||||
Valuation allowance | — | (58,660 | ) | ||||||||||||||
388,930 | 197,017 | ||||||||||||||||
Gross deferred tax liabilities: | |||||||||||||||||
Deferred subscriber contract costs | (379,184 | ) | (197,244 | ) | |||||||||||||
Purchased intangibles | (28,744 | ) | — | ||||||||||||||
Prepaid expenses and depreciation | (107 | ) | (212 | ) | |||||||||||||
(408,035 | ) | (197,456 | ) | ||||||||||||||
Net deferred tax liability | $ | (19,105 | ) | $ | (439 | ) | |||||||||||
Equity_and_StockBased_Compensa1
Equity and Stock-Based Compensation (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||
Schedule of Capital Stock | ' | ' | ||||||||||||||||||||||||||||||||||
Capital stock was as follows: | ||||||||||||||||||||||||||||||||||||
As of December 31, 2012 and September 30, 2013 | ||||||||||||||||||||||||||||||||||||
Authorized | Issued | Outstanding | ||||||||||||||||||||||||||||||||||
Common stock, $0.01 par value | 100 | 100 | 100 | |||||||||||||||||||||||||||||||||
Net Proceeds from Transaction | ' | ' | ||||||||||||||||||||||||||||||||||
The net proceeds from this transaction were recorded as follows (in thousands): | ||||||||||||||||||||||||||||||||||||
Series D preferred stock | $ | 1 | ||||||||||||||||||||||||||||||||||
Additional paid-in capital | 43,279 | |||||||||||||||||||||||||||||||||||
Warrant liability | 1,788 | |||||||||||||||||||||||||||||||||||
Series D preferred stock | $ | 45,068 | ||||||||||||||||||||||||||||||||||
Schedule of Stock-Based Compensation Expense | ' | ' | ||||||||||||||||||||||||||||||||||
Stock-based compensation expense in connection with stock awards is presented by entity as follows (in thousands): | Stock-based compensation expense in connection with stock options for the Successor Period, Predecessor Period and the years ended December 31, 2011 and 2010 is presented by entity as follows (in thousands): | |||||||||||||||||||||||||||||||||||
Successor | Predecessor | Successor | Predecessor | Successor | Predecessor | |||||||||||||||||||||||||||||||
Three Months Ended | Nine Months Ended | Period from | Period from | Year Ended | Year Ended | |||||||||||||||||||||||||||||||
September 30, | September 30, | November 17 | January 1 | December 31, | December 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | 2013 | 2012 | through | through | 2011 | 2010 | |||||||||||||||||||||||||||||
Vivint | $ | 643 | $ | 112 | $ | 1,317 | $ | 379 | December 31, | November 16, | ||||||||||||||||||||||||||
2GIG | — | 37 | — | 111 | 2012 | 2012 | ||||||||||||||||||||||||||||||
APX | $ | — | $ | 1,780 | $ | 498 | $ | 551 | ||||||||||||||||||||||||||||
Total stock-based compensation | $ | 643 | $ | 149 | $ | 1,317 | $ | 490 | 2GIG | — | 436 | 261 | — | |||||||||||||||||||||||
Solar | — | 155 | 21 | — | ||||||||||||||||||||||||||||||||
Total stock-based compensation | $ | — | $ | 2,371 | $ | 780 | $ | 551 | ||||||||||||||||||||||||||||
Summary of Option Activity | ' | ' | ||||||||||||||||||||||||||||||||||
A summary of option activity under the Plan and changes during the Predecessor Period ended November 16, 2012 is presented below: | ||||||||||||||||||||||||||||||||||||
Shares | Weighted | |||||||||||||||||||||||||||||||||||
Subject to | Average Exercise | |||||||||||||||||||||||||||||||||||
Outstanding | Price per Share | |||||||||||||||||||||||||||||||||||
Options | ||||||||||||||||||||||||||||||||||||
Outstanding, January 1, 2012 | 1,386 | $ | 3,136 | |||||||||||||||||||||||||||||||||
Granted | 470 | 4,664 | ||||||||||||||||||||||||||||||||||
Forfeited | (343 | ) | 4,026 | |||||||||||||||||||||||||||||||||
Exercised | (1,513 | ) | 3,409 | |||||||||||||||||||||||||||||||||
Outstanding, November 16, 2012 | — | — | ||||||||||||||||||||||||||||||||||
Unvested shares expected to vest after November 16, 2012 | — | — | ||||||||||||||||||||||||||||||||||
Successor [Member] | ' | ' | ||||||||||||||||||||||||||||||||||
Schedule of Capital Stock | ' | ' | ||||||||||||||||||||||||||||||||||
Capital stock is as follows: | ||||||||||||||||||||||||||||||||||||
As of December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Authorized | Issued | Outstanding | ||||||||||||||||||||||||||||||||||
Common stock | 100 | 100 | 100 | |||||||||||||||||||||||||||||||||
Predecessor [Member] | ' | ' | ||||||||||||||||||||||||||||||||||
Schedule of Capital Stock | ' | ' | ||||||||||||||||||||||||||||||||||
Capital stock was as follows: | ||||||||||||||||||||||||||||||||||||
As of December 31, 2011 | ||||||||||||||||||||||||||||||||||||
Authorized | Issued | Outstanding | ||||||||||||||||||||||||||||||||||
Series A preferred stock | 25,563 | 25,000 | 25,000 | |||||||||||||||||||||||||||||||||
Series C preferred stock | 10,225 | — | — | |||||||||||||||||||||||||||||||||
Series D preferred stock | 50,000 | 45,259 | 45,259 | |||||||||||||||||||||||||||||||||
Series A common stock | 25,563 | 25,000 | 25,000 | |||||||||||||||||||||||||||||||||
Series B common stock | 25,563 | 25,000 | 25,000 | |||||||||||||||||||||||||||||||||
Series D common stock | 1,550 | — | — |
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||||||||||
Future Minimum Lease Payments | ' | ||||||||||||
As of December 31, 2012, future minimum lease payments were as follows (in thousands): | |||||||||||||
Operating | Capital | Total | |||||||||||
2013 | $ | 6,698 | $ | 4,539 | $ | 11,237 | |||||||
2014 | 7,313 | 3,328 | 10,641 | ||||||||||
2015 | 7,371 | 1,697 | 9,068 | ||||||||||
2016 | 7,424 | 40 | 7,464 | ||||||||||
2017 | 7,405 | — | 7,405 | ||||||||||
Thereafter | 54,371 | — | 54,371 | ||||||||||
90,582 | 9,604 | 100,186 | |||||||||||
Amount representing interest | — | (835 | ) | (835 | ) | ||||||||
Total lease payments | $ | 90,582 | $ | 8,769 | $ | 99,351 | |||||||
Segment_Reporting_Tables
Segment Reporting (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||
Summary of Revenue and Costs and Expenses | ' | ' | ||||||||||||||||||||||||||||||||
The following table presents a summary of revenue and costs and expenses for the three months ended September 30, 2012 (Predecessor) (in thousands): | The following table presents a summary of revenue, costs and expenses and assets as of December 31, 2012 and for the Successor Period from November 17, 2012 through December 31, 2012 (in thousands): | |||||||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||
Total | Total | |||||||||||||||||||||||||||||||||
Revenues | $ | 108,839 | $ | 42,032 | $ | (26,310 | ) | $ | 124,561 | Revenues | $ | 50,791 | $ | 12,372 | $ | (5,557 | ) | $ | 57,606 | |||||||||||||||
Costs and expenses | 88,772 | 36,366 | (22,525 | ) | 102,613 | Transaction related costs | 28,118 | 3,767 | — | 31,885 | ||||||||||||||||||||||||
All other costs and expenses | 46,241 | 12,712 | (5,039 | ) | 53,914 | |||||||||||||||||||||||||||||
Income from operations | $ | 20,067 | $ | 5,666 | $ | (3,785 | ) | $ | 21,948 | |||||||||||||||||||||||||
Loss from operations | $ | (23,568 | ) | $ | (4,107 | ) | $ | (518 | ) | $ | (28,193 | ) | ||||||||||||||||||||||
The following table presents a summary of revenue and costs and expenses for the nine months ended September 30, 2013 (Successor) (in thousands): | ||||||||||||||||||||||||||||||||||
Intangible assets including goodwill | $ | 1,840,065 | $ | 85,933 | $ | 3,663 | $ | 1,929,661 | ||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | Total assets | $ | 2,050,529 | $ | 115,881 | $ | (11,062 | ) | $ | 2,155,348 | |||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 350,690 | $ | 60,220 | $ | (42,713 | ) | $ | 368,197 | The following table presents a summary of revenue and costs and expenses for the Predecessor Period from January 1, 2012 through November 16, 2012 (in thousands): | ||||||||||||||||||||||||
Costs and expenses | 389,321 | 52,200 | (32,914 | ) | 408,607 | |||||||||||||||||||||||||||||
(Loss) income from operations | $ | (38,631 | ) | $ | 8,020 | $ | (9,799 | ) | $ | (40,410 | ) | Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
The following table presents a summary of revenue and costs and expenses for the nine months ended September 30, 2012 (Predecessor) (in thousands): | Revenues | $ | 346,270 | $ | 112,136 | $ | (60,836 | ) | $ | 397,570 | ||||||||||||||||||||||||
Transaction related costs | 22,219 | 1,242 | — | 23,461 | ||||||||||||||||||||||||||||||
All other costs and expenses | 365,300 | 104,276 | (52,474 | ) | 417,102 | |||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | (Loss) income from operations | $ | (41,249 | ) | $ | 6,618 | $ | (8,362 | ) | $ | (42,993 | ) | ||||||||||||||||||||||
Revenues | $ | 290,316 | $ | 101,411 | $ | (57,251 | ) | $ | 334,476 | |||||||||||||||||||||||||
Costs and expenses | 235,939 | 91,385 | (48,427 | ) | 278,897 | The following table presents a summary of revenue, costs and expenses and assets as of and for the year ended December 31, 2011 (in thousands): | ||||||||||||||||||||||||||||
Income from operations | $ | 54,377 | $ | 10,026 | $ | (8,824 | ) | $ | 55,579 | |||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 312,422 | $ | 129,265 | $ | (101,739 | ) | $ | 339,948 | |||||||||||||||||||||||||
Costs and expenses | 267,973 | 121,967 | (89,006 | ) | 300,934 | |||||||||||||||||||||||||||||
Income (loss) from operations | $ | 44,449 | $ | 7,298 | $ | (12,733 | ) | $ | 39,014 | |||||||||||||||||||||||||
Total assets | $ | 649,895 | $ | 16,910 | $ | (21,825 | ) | $ | 644,980 | |||||||||||||||||||||||||
The following table presents a summary of revenue, costs and expenses and assets as of and for the year ended December 31, 2010 (in thousands): | ||||||||||||||||||||||||||||||||||
Vivint | 2GIG | Eliminations | Consolidated | |||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||
Revenues | $ | 234,537 | $ | 65,442 | $ | (61,101 | ) | $ | 238,878 | |||||||||||||||||||||||||
Costs and expenses | 177,580 | 77,176 | (61,107 | ) | 193,649 | |||||||||||||||||||||||||||||
Income (loss) from operations | $ | 56,957 | $ | (11,734 | ) | $ | 6 | $ | 45,229 | |||||||||||||||||||||||||
Total assets | $ | 456,516 | $ | 12,588 | $ | (12,818 | ) | $ | 456,286 | |||||||||||||||||||||||||
Revenues and Long-Lived Assets by Geographic Region | ' | ' | ||||||||||||||||||||||||||||||||
Our revenues and long-lived assets by geographic region as of and for the Successor Period from November 17, 2012 through December 31, 2012, the Predecessor Period from January 1, 2012 through November 16, 2012, and for the years ended December 31, 2011 and 2010 were as follows (in thousands): | ||||||||||||||||||||||||||||||||||
As of and for | United | Canada | Total | |||||||||||||||||||||||||||||||
States | ||||||||||||||||||||||||||||||||||
Successor Period from November 17, through December 31, 2012 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 52,196 | $ | 5,410 | $ | 57,606 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 29,415 | 791 | 30,206 | |||||||||||||||||||||||||||||||
Predecessor Period from January 1, through November 16, 2012 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 363,875 | $ | 33,695 | $ | 397,570 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 28,601 | 692 | 29,293 | |||||||||||||||||||||||||||||||
Predecessor Year ended December 31, 2011 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 312,626 | $ | 27,322 | $ | 339,948 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 26,402 | 38 | 26,440 | |||||||||||||||||||||||||||||||
Predecessor Year ended December 31, 2010 | ||||||||||||||||||||||||||||||||||
Revenue from external customers | $ | 223,245 | $ | 15,633 | $ | 238,878 | ||||||||||||||||||||||||||||
Property, plant and equipment, net | 21,341 | 58 | 21,399 |
Guarantor_and_NonGuarantor_Sup1
Guarantor and Non-Guarantor Supplemental Financial Information (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
Text Block [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Balance Sheet | Condensed Consolidating Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 (Successor) | December 31, 2012 (Successor) | |||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Assets | Current assets | $ | — | $ | 220 | $ | 79,469 | $ | 6,511 | $ | (10,927 | ) | $ | 75,273 | ||||||||||||||||||||||||||||||||||||
Current assets | $ | — | $ | 77,027 | $ | 84,589 | $ | 25,460 | $ | (23,919 | ) | $ | 163,157 | Property and equipment, net | — | — | 29,415 | 791 | — | 30,206 | ||||||||||||||||||||||||||||||
Property and equipment, net | — | — | 28,597 | 639 | — | 29,236 | Subscriber acquisition costs, net | — | — | 11,518 | 1,235 | — | 12,753 | |||||||||||||||||||||||||||||||||||||
Subscriber acquisition costs, net | — | — | 240,536 | 26,468 | — | 267,004 | Deferred financing costs, net | — | 57,322 | — | — | — | 57,322 | |||||||||||||||||||||||||||||||||||||
Deferred financing costs, net | — | 56,206 | — | — | — | 56,206 | Restricted cash | — | — | 28,428 | — | — | 28,428 | |||||||||||||||||||||||||||||||||||||
Restricted cash | — | — | 28,428 | — | — | 28,428 | Investment in subsidiaries | 679,279 | 1,966,582 | — | — | (2,645,861 | ) | — | ||||||||||||||||||||||||||||||||||||
Investment in subsidiaries | 531,352 | 1,943,321 | — | — | (2,474,673 | ) | — | Intercompany receivable | — | — | 51,754 | — | (51,754 | ) | — | |||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | 61,205 | — | (61,205 | ) | — | Customer relationships | — | — | 955,291 | 97,728 | — | 1,053,019 | ||||||||||||||||||||||||||||||||||||
Intangible assets, net | — | — | 799,830 | 82,903 | — | 882,733 | Goodwill | — | — | 842,136 | 34,506 | — | 876,642 | |||||||||||||||||||||||||||||||||||||
Goodwill | — | — | 804,041 | 33,378 | — | 837,419 | Long-term investments and other assets | — | — | 21,676 | 29 | — | 21,705 | |||||||||||||||||||||||||||||||||||||
Long-term investments and other assets | — | — | 27,333 | 25 | — | 27,358 | ||||||||||||||||||||||||||||||||||||||||||||
Total assets | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | |||||||||||||||||||||||||||||||||||||
Total Assets | $ | 531,352 | $ | 2,076,554 | $ | 2,074,559 | $ | 168,873 | $ | (2,559,797 | ) | $ | 2,291,541 | |||||||||||||||||||||||||||||||||||||
Liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 11,845 | $ | 91,311 | $ | 15,878 | $ | (10,927 | ) | $ | 108,107 | |||||||||||||||||||||||||||||||||||||
Liabilities and Stockholders’ Equity | Intercompany payable | — | — | — | 51,754 | (51,754 | ) | — | ||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 36,817 | $ | 159,514 | $ | 36,377 | $ | (23,919 | ) | $ | 208,789 | Notes payable, net of current portion | — | 1,333,000 | — | — | — | 1,333,000 | ||||||||||||||||||||||||||||||
Intercompany payable | — | — | — | 61,205 | (61,205 | ) | — | Capital lease obligations, net of current portion | — | — | 4,768 | — | — | 4,768 | ||||||||||||||||||||||||||||||||||||
Notes payable and revolving line of credit, net of current portion | — | 1,508,385 | — | — | — | 1,508,385 | Deferred revenue, net of current portion | — | — | 659 | 49 | — | 708 | |||||||||||||||||||||||||||||||||||||
Capital lease obligations, net of current portion | — | — | 2,918 | — | — | 2,918 | Other long-term obligations | — | — | 2,096 | 161 | — | 2,257 | |||||||||||||||||||||||||||||||||||||
Deferred revenue, net of current portion | — | — | 15,425 | 1,812 | — | 17,237 | Deferred income tax liability | — | — | 16,519 | 10,710 | — | 27,229 | |||||||||||||||||||||||||||||||||||||
Other long-term obligations | — | — | 11,239 | 323 | — | 11,562 | Total equity (deficit) | 679,279 | 679,279 | 1,904,334 | 62,248 | (2,645,861 | ) | 679,279 | ||||||||||||||||||||||||||||||||||||
Deferred income tax liability | — | — | — | 11,298 | — | 11,298 | ||||||||||||||||||||||||||||||||||||||||||||
Total equity (deficit) | 531,352 | 531,352 | 1,885,463 | 57,858 | (2,474,673 | ) | 531,352 | Total liabilities and stockholders’ equity | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | |||||||||||||||||||||||||||||
Total liabilities and stockholders’ equity | $ | 531,352 | $ | 2,076,554 | $ | 2,074,559 | $ | 168,873 | $ | (2,559,797 | ) | $ | 2,291,541 | |||||||||||||||||||||||||||||||||||||
Condensed Consolidating Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2011 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Balance Sheet | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2012 (Successor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Assets | ||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Current assets | $ | — | $ | — | $ | 111,459 | $ | 9,119 | $ | (43,670 | ) | $ | 76,908 | ||||||||||||||||||||||||||||||||||
Subsidiaries | Property and equipment, net | — | — | 26,402 | 38 | — | 26,440 | |||||||||||||||||||||||||||||||||||||||||||
Assets | Subscriber acquisition costs, net | — | — | 478,182 | 55,831 | — | 534,013 | |||||||||||||||||||||||||||||||||||||||||||
Current assets | $ | — | $ | 220 | $ | 79,469 | $ | 6,511 | $ | (10,927 | ) | $ | 75,273 | Deferred financing costs, net | — | — | 4,189 | — | — | 4,189 | ||||||||||||||||||||||||||||||
Property and equipment, net | — | — | 29,415 | 791 | — | 30,206 | Restricted cash | — | — | — | 1,349 | — | 1,349 | |||||||||||||||||||||||||||||||||||||
Subscriber acquisition costs, net | — | — | 11,518 | 1,235 | — | 12,753 | Investment in subsidiaries | — | (187,983 | ) | — | — | 187,983 | — | ||||||||||||||||||||||||||||||||||||
Deferred financing costs, net | — | 57,322 | — | — | — | 57,322 | Intercompany loan | — | — | 5,000 | — | (5,000 | ) | — | ||||||||||||||||||||||||||||||||||||
Restricted cash | — | — | 28,428 | — | — | 28,428 | Intangible assets, net | — | — | 706 | — | — | 706 | |||||||||||||||||||||||||||||||||||||
Investment in subsidiaries | 679,279 | 1,966,582 | — | — | (2,645,861 | ) | — | Long-term investments and other assets | — | — | 1,365 | 10 | — | 1,375 | ||||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | 51,754 | — | (51,754 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Intangible assets, net | — | — | 955,291 | 97,728 | — | 1,053,019 | Total assets | $ | — | $ | (187,983 | ) | $ | 627,303 | $ | 66,347 | $ | 139,313 | $ | 644,980 | ||||||||||||||||||||||||||||||
Goodwill | — | — | 842,136 | 34,506 | — | 876,642 | ||||||||||||||||||||||||||||||||||||||||||||
Long-term investments and other assets | — | — | 21,676 | 29 | — | 21,705 | Liabilities and stockholders’ equity (deficit) | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | — | $ | 97,281 | $ | 48,310 | $ | (43,670 | ) | $ | 101,921 | |||||||||||||||||||||||||||||||||||||
Total Assets | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | Intercompany loan | — | — | — | 5,000 | (5,000 | ) | — | |||||||||||||||||||||||||||||
Notes payable, net of current portion | — | — | 605,000 | — | — | 605,000 | ||||||||||||||||||||||||||||||||||||||||||||
Liability—contracts sold, net of current portion | — | — | 62,094 | — | — | 62,094 | ||||||||||||||||||||||||||||||||||||||||||||
Liabilities and Stockholders’ Equity | Capital lease obligations, net of current portion | — | — | 5,075 | — | — | 5,075 | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities | $ | — | $ | 11,845 | $ | 91,311 | $ | 15,878 | $ | (10,927 | ) | $ | 108,107 | Deferred revenue, net of current portion | — | — | 29,995 | 4,571 | — | 34,566 | ||||||||||||||||||||||||||||||
Intercompany payable | — | — | — | 51,754 | (51,754 | ) | — | Other long-term obligations | — | — | 18,087 | 1,297 | — | 19,384 | ||||||||||||||||||||||||||||||||||||
Notes payable and revolving line of credit, net of current portion | — | 1,333,000 | — | — | — | 1,333,000 | Deferred income tax liability | — | — | — | 439 | — | 439 | |||||||||||||||||||||||||||||||||||||
Capital lease obligations, net of current portion | — | — | 4,768 | — | — | 4,768 | Total APX Group, Inc. stockholders’ equity (deficit) | — | (187,983 | ) | (190,097 | ) | 2,114 | 187,983 | (187,983 | ) | ||||||||||||||||||||||||||||||||||
Deferred revenue, net of current portion | — | — | 659 | 49 | — | 708 | Non-controlling interests | — | — | (132 | ) | 4,616 | — | 4,484 | ||||||||||||||||||||||||||||||||||||
Other long-term obligations | — | — | 2,096 | 161 | — | 2,257 | ||||||||||||||||||||||||||||||||||||||||||||
Deferred income tax liability | — | — | 16,519 | 10,710 | — | 27,229 | Total liabilities and stockholders’ equity (deficit) | $ | — | $ | (187,983 | ) | $ | 627,303 | $ | 66,347 | $ | 139,313 | $ | 644,980 | ||||||||||||||||||||||||||||||
Total equity (deficit) | 679,279 | 679,279 | 1,904,334 | 62,248 | (2,645,861 | ) | 679,279 | |||||||||||||||||||||||||||||||||||||||||||
Total liabilities and stockholders’ equity | $ | 679,279 | $ | 2,024,124 | $ | 2,019,687 | $ | 140,800 | $ | (2,708,542 | ) | $ | 2,155,348 | |||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | Condensed Consolidating Statements of Operations | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 (Successor) | For the Period From November 17, 2012 to December 31, 2012 (Successor) | |||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Revenues | $ | — | $ | — | $ | 54,251 | $ | 3,412 | $ | (57 | ) | $ | 57,606 | ||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | — | $ | 350,358 | $ | 20,103 | $ | (2,264 | ) | $ | 368,197 | Costs and expenses | — | — | 83,477 | 2,379 | (57 | ) | 85,799 | |||||||||||||||||||||||||||||
Costs and expenses | — | — | 387,796 | 23,075 | (2,264 | ) | 408,607 | |||||||||||||||||||||||||||||||||||||||||||
(Loss) income from operations | — | — | (29,226 | ) | 1,033 | — | (28,193 | ) | ||||||||||||||||||||||||||||||||||||||||||
Loss from operations | — | — | (37,438 | ) | (2,972 | ) | — | (40,410 | ) | (Loss) income from subsidiaries | (30,102 | ) | (17,549 | ) | — | — | 47,651 | — | ||||||||||||||||||||||||||||||||
Loss from subsidiaries | (87,341 | ) | (51,671 | ) | — | — | 139,012 | — | Other income (expense) | — | (12,553 | ) | (256 | ) | (3 | ) | — | (12,812 | ) | |||||||||||||||||||||||||||||||
Other income (expense), net | 60,000 | (35,670 | ) | 405 | (68 | ) | (60,000 | ) | (35,333 | ) | ||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations before income tax expenses | (30,102 | ) | (30,102 | ) | (29,482 | ) | 1,030 | 47,651 | (41,005 | ) | ||||||||||||||||||||||||||||||||||||||||
Loss before income tax expenses | (27,341 | ) | (87,341 | ) | (37,033 | ) | (3,040 | ) | 79,012 | (75,743 | ) | Income tax (benefit) expense | — | — | (11,193 | ) | 290 | — | (10,903 | ) | ||||||||||||||||||||||||||||||
Income tax expense (benefit) | — | — | 12,447 | (849 | ) | — | 11,598 | |||||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | (30,102 | ) | $ | (30,102 | ) | $ | (18,289 | ) | $ | 740 | $ | 47,651 | $ | (30,102 | ) | ||||||||||||||||||||||||||||||||||
Net loss | $ | (27,341 | ) | $ | (87,341 | ) | $ | (49,480 | ) | $ | (2,191 | ) | $ | 79,012 | $ | (87,341 | ) | |||||||||||||||||||||||||||||||||
Other comprehensive (loss) income net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net (loss) income before non-controlling interests | $ | (30,102 | ) | $ | (30,102 | ) | $ | (18,289 | ) | $ | 740 | $ | 47,651 | $ | (30,102 | ) | ||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income, net of tax effects: | Foreign currency translation adjustment | — | 928 | 444 | 484 | (928 | ) | 928 | ||||||||||||||||||||||||||||||||||||||||||
Net loss | $ | (27,341 | ) | $ | (87,341 | ) | $ | (49,480 | ) | $ | (2,191 | ) | $ | 79,012 | $ | (87,341 | ) | |||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | — | (3,981 | ) | (1,959 | ) | (2,022 | ) | 3,981 | (3,981 | ) | Total other comprehensive income (loss) | — | 928 | 444 | 484 | (928 | ) | 928 | ||||||||||||||||||||||||||||||||
Total other comprehensive income | — | (3,981 | ) | (1,959 | ) | (2,022 | ) | 3,981 | (3,981 | ) | Comprehensive (loss) income | $ | (30,102 | ) | $ | (29,174 | ) | $ | (17,845 | ) | $ | 1,224 | $ | 46,723 | $ | (29,174 | ) | |||||||||||||||||||||||
Comprehensive loss | $ | (27,341 | ) | $ | (91,322 | ) | $ | (51,439 | ) | $ | (4,213 | ) | $ | 82,993 | $ | (91,322 | ) | |||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Period From January 1, 2012 to November 16, 2012 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
APX | Guarantor | Non- | Eliminations | Consolidated | Revenues | $ | — | $ | — | $ | 375,502 | $ | 23,431 | $ | (1,363 | ) | $ | 397,570 | ||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Costs and expenses | — | — | 413,378 | 28,548 | (1,363 | ) | 440,563 | ||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | 318,363 | $ | 17,200 | $ | (1,087 | ) | $ | 334,476 | Loss from operations | — | — | (37,876 | ) | (5,117 | ) | — | (42,993 | ) | |||||||||||||||||||||||||||||
Costs and expenses | — | 263,121 | 16,863 | (1,087 | ) | 278,897 | Loss from subsidiaries | — | (153,517 | ) | — | — | 153,517 | — | ||||||||||||||||||||||||||||||||||||
Other (expense) | — | — | (103,830 | ) | (2,851 | ) | — | (106,681 | ) | |||||||||||||||||||||||||||||||||||||||||
Income from operations | — | 55,242 | 337 | — | 55,579 | |||||||||||||||||||||||||||||||||||||||||||||
Loss from subsidiaries | (43,116 | ) | — | — | 43,116 | — | (Loss) income from continuing operations before income tax expenses | — | (153,517 | ) | (141,706 | ) | (7,968 | ) | 153,517 | (149,674 | ) | |||||||||||||||||||||||||||||||||
Other expense, net | (287 | ) | (89,266 | ) | (439 | ) | — | (89,992 | ) | Income tax expense | — | — | 3,500 | 1,423 | — | 4,923 | ||||||||||||||||||||||||||||||||||
Loss from continuing operations before income tax expenses | (43,403 | ) | (34,024 | ) | (102 | ) | 43,116 | (34,413 | ) | (Loss) income from continuing operations | — | (153,517 | ) | (145,206 | ) | (9,391 | ) | 153,517 | (154,597 | ) | ||||||||||||||||||||||||||||||
Income tax expense (benefit) | — | 5,197 | (2 | ) | — | 5,195 | Loss from discontinued operations | — | — | (239 | ) | — | — | (239 | ) | |||||||||||||||||||||||||||||||||||
Loss from continuing operations | (43,403 | ) | (39,221 | ) | (100 | ) | 43,116 | (39,608 | ) | Net (loss) income before non-controlling interests | — | (153,517 | ) | (145,445 | ) | (9,391 | ) | 153,517 | (154,836 | ) | ||||||||||||||||||||||||||||||
Loss from discontinued operations | — | (239 | ) | — | — | (239 | ) | Net (loss) income attributable to non-controlling interests | — | — | 6,781 | (8,100 | ) | — | (1,319 | ) | ||||||||||||||||||||||||||||||||||
Net loss before non-controlling interests | (43,403 | ) | (39,460 | ) | (100 | ) | 43,116 | (39,847 | ) | Net (loss) income | $ | — | $ | (153,517 | ) | $ | (152,226 | ) | $ | (1,291 | ) | $ | 153,517 | $ | (153,517 | ) | ||||||||||||||||||||||||
Net income (loss) attributable to non-controlling interests | — | 6,197 | (2,641 | ) | — | 3,556 | ||||||||||||||||||||||||||||||||||||||||||||
Other comprehensive income (loss) net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | (43,403 | ) | $ | (45,657 | ) | $ | 2,541 | $ | 43,116 | $ | (43,403 | ) | Net (loss) income before non-controlling interests | $ | — | $ | (153,517 | ) | $ | (145,445 | ) | $ | (9,391 | ) | $ | 153,517 | $ | (154,836 | ) | ||||||||||||||||||||
Change in fair value of interest rate swap agreement | — | 318 | 318 | — | (318 | ) | 318 | |||||||||||||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | — | 708 | 708 | — | (708 | ) | 708 | |||||||||||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income, net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net loss before non-controlling interests | $ | (43,403 | ) | $ | (39,460 | ) | $ | (100 | ) | $ | 43,116 | $ | (39,847 | ) | Total other comprehensive income (loss) | — | 1,026 | 1,026 | — | (1,026 | ) | 1,026 | ||||||||||||||||||||||||||||
Change in fair value of interest rate swap agreement | 318 | 318 | — | (318 | ) | 318 | Comprehensive income (loss) before non-controlling interests | — | (152,491 | ) | (144,419 | ) | (9,391 | ) | 152,491 | (153,810 | ) | |||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | 1,969 | 1,844 | 125 | (1,969 | ) | 1,969 | Comprehensive (loss) income attributable to non-controlling interests | — | — | 6,781 | (8,100 | ) | — | (1,319 | ) | |||||||||||||||||||||||||||||||||||
Total other comprehensive income | 2,287 | 2,162 | 125 | (2,287 | ) | 2,287 | Comprehensive (loss) income | $ | — | $ | (152,491 | ) | $ | (151,200 | ) | $ | (1,291 | ) | $ | 152,491 | $ | (152,491 | ) | |||||||||||||||||||||||||||
Comprehensive (loss) income before non-controlling interests | (41,116 | ) | (37,298 | ) | 25 | 40,829 | (37,560 | ) | ||||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) attributable to non-controlling interests | — | 6,197 | (2,641 | ) | — | 3,556 | ||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income | $ | (41,116 | ) | $ | (43,495 | ) | $ | 2,666 | $ | 40,829 | $ | (41,116 | ) | For the Year Ended December 31, 2011 (Predecessor) | ||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | — | $ | 350,572 | $ | (956 | ) | $ | (9,668 | ) | $ | 339,948 | ||||||||||||||||||||||||||||||||||||
Costs and expenses | — | — | 295,854 | 14,748 | (9,668 | ) | 300,934 | |||||||||||||||||||||||||||||||||||||||||||
Income (loss) from operations | — | — | 54,718 | (15,704 | ) | — | 39,014 | |||||||||||||||||||||||||||||||||||||||||||
(Loss) income from subsidiaries | — | (68,546 | ) | — | — | 68,546 | — | |||||||||||||||||||||||||||||||||||||||||||
Other expense | — | — | (97,993 | ) | (4,248 | ) | — | (102,241 | ) | |||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations before income tax expenses | — | (68,546 | ) | (43,275 | ) | (19,952 | ) | 68,546 | (63,227 | ) | ||||||||||||||||||||||||||||||||||||||||
Income tax expense (benefit) | — | — | 719 | (4,458 | ) | — | (3,739 | ) | ||||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations | — | (68,546 | ) | (43,994 | ) | (15,494 | ) | 68,546 | (59,488 | ) | ||||||||||||||||||||||||||||||||||||||||
Loss from discontinued operations | — | — | (2,917 | ) | — | — | (2,917 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net (loss) income before non-controlling interests | — | (68,546 | ) | (46,911 | ) | (15,494 | ) | 68,546 | (62,405 | ) | ||||||||||||||||||||||||||||||||||||||||
Net income (loss) attributable to non-controlling interests | — | — | 6,769 | 345 | (973 | ) | 6,141 | |||||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | — | $ | (68,546 | ) | $ | (53,680 | ) | $ | (15,839 | ) | $ | 69,519 | $ | (68,546 | ) | ||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net (loss) income before non-controlling interests | $ | — | $ | (68,546 | ) | $ | (46,911 | ) | $ | (15,494 | ) | $ | 68,546 | $ | (62,405 | ) | ||||||||||||||||||||||||||||||||||
Change in fair value of interest rate swap agreement | — | 563 | 563 | — | (563 | ) | 563 | |||||||||||||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | — | (1,734 | ) | (2,104 | ) | 370 | 1,734 | (1,734 | ) | |||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | — | (1,171 | ) | (1,541 | ) | 370 | 1,171 | (1,171 | ) | |||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) before non-controlling interests | — | (69,717 | ) | (48,452 | ) | (15,124 | ) | 69,717 | (63,576 | ) | ||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income attributable to non-controlling interests | — | — | 6,769 | 345 | (973 | ) | 6,141 | |||||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income | $ | — | $ | (69,717 | ) | $ | (55,221 | ) | $ | (15,469 | ) | $ | 70,690 | $ | (69,717 | ) | ||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Revenues | $ | — | $ | — | $ | 216,392 | $ | 29,910 | $ | (7,424 | ) | $ | 238,878 | |||||||||||||||||||||||||||||||||||||
Costs and expenses | — | — | 192,253 | 8,820 | (7,424 | ) | 193,649 | |||||||||||||||||||||||||||||||||||||||||||
Income from operations | — | — | 24,139 | 21,090 | — | 45,229 | ||||||||||||||||||||||||||||||||||||||||||||
(Loss) income from subsidiaries | — | (23,658 | ) | — | — | 23,658 | — | |||||||||||||||||||||||||||||||||||||||||||
Other expense | — | — | (69,719 | ) | (148 | ) | — | (69,867 | ) | |||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations before income tax expenses | — | (23,658 | ) | (45,580 | ) | 20,942 | 23,658 | (24,638 | ) | |||||||||||||||||||||||||||||||||||||||||
Income tax (benefit) expense | — | — | (225 | ) | 4,545 | — | 4,320 | |||||||||||||||||||||||||||||||||||||||||||
(Loss) income from continuing operations | — | (23,658 | ) | (45,355 | ) | 16,397 | 23,658 | (28,958 | ) | |||||||||||||||||||||||||||||||||||||||||
Net loss attributable to non-controlling interests | — | — | (5,300 | ) | — | — | (5,300 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net (loss) income | $ | — | $ | (23,658 | ) | $ | (40,055 | ) | $ | 16,397 | $ | 23,658 | $ | (23,658 | ) | |||||||||||||||||||||||||||||||||||
Other comprehensive (loss) income net of tax effects: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net (loss) income before non-controlling interests | $ | — | $ | (23,658 | ) | $ | (45,355 | ) | $ | 16,397 | $ | 23,658 | $ | (28,958 | ) | |||||||||||||||||||||||||||||||||||
Change in fair value of interest rate swap agreement | — | 179 | 179 | — | (179 | ) | 179 | |||||||||||||||||||||||||||||||||||||||||||
Foreign currency translation adjustment | — | 1,709 | — | 1,709 | (1,709 | ) | 1,709 | |||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | — | 1,888 | 179 | 1,709 | (1,888 | ) | 1,888 | |||||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) before non-controlling interests | — | (21,770 | ) | (45,176 | ) | 18,106 | 21,770 | (27,070 | ) | |||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income attributable to non-controlling interests | — | — | (5,300 | ) | — | — | (5,300 | ) | ||||||||||||||||||||||||||||||||||||||||||
Comprehensive (loss) income | $ | — | $ | (21,770 | ) | $ | (39,876 | ) | $ | 18,106 | $ | 21,770 | $ | (21,770 | ) | |||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Statements of Cash Flows | Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 (Successor) | For the Period From November 17, 2012 to December 31, 2012 (Successor) | |||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
(unaudited) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | Net cash provided by (used in) operating activities | $ | — | $ | 399 | $ | (22,272 | ) | $ | 326 | $ | (3,696 | ) | $ | (25,243 | ) | ||||||||||||||||||||||||||||||||||
Net cash provided by (used in) operating activities | $ | 60,000 | $ | (115 | ) | $ | 105,177 | $ | 34,609 | $ | (60,000 | ) | $ | 139,671 | Cash flow from investing activities: | |||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | Subscriber contract costs | — | — | (11,683 | ) | (1,255 | ) | — | (12,938 | ) | ||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (240,678 | ) | (26,554 | ) | — | (267,232 | ) | Capital expenditures | — | — | (1,333 | ) | (123 | ) | — | (1,456 | ) | |||||||||||||||||||||||||||||||
Capital expenditures | — | — | (5,764 | ) | (24 | ) | — | (5,788 | ) | Net cash used in acquisition of the predecessor including transaction costs, net of cash acquired | — | (1,915,473 | ) | — | — | — | (1,915,473 | ) | ||||||||||||||||||||||||||||||||
Proceeds from the sale of subsidiary | — | 144,750 | — | — | — | 144,750 | Investment in subsidiary | (708,453 | ) | (67,626 | ) | (3,696 | ) | — | 779,775 | — | ||||||||||||||||||||||||||||||||||
Investment in subsidiary | — | (178,077 | ) | — | — | 178,077 | — | Other assets | — | — | (19,587 | ) | — | — | (19,587 | ) | ||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | — | 9 | — | — | 9 | ||||||||||||||||||||||||||||||||||||||||||||
Net cash used in acquisition | — | — | (4,272 | ) | — | — | (4,272 | ) | Net cash used in investing activities | (708,453 | ) | (1,983,099 | ) | (36,299 | ) | (1,378 | ) | 779,775 | (1,949,454 | ) | ||||||||||||||||||||||||||||||
Other assets | — | — | (8,192 | ) | 3 | — | (8,189 | ) | Cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 1,333,000 | — | — | — | 1,333,000 | ||||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | (33,327 | ) | (258,897 | ) | (26,575 | ) | 178,077 | (140,722 | ) | Proceeds from the issuance of common stock in connection with acquisition of the predecessor | 708,453 | 708,453 | — | — | (708,453 | ) | 708,453 | ||||||||||||||||||||||||||||||||
Cash flow from financing activities: | Intercompany payable | — | — | 63,112 | 4,514 | (67,626 | ) | — | ||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 203,500 | — | — | — | 203,500 | Repayments of capital lease obligations | — | — | (353 | ) | — | — | (353 | ) | |||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | (9,451 | ) | — | 9,451 | — | Deferred financing costs | — | (58,354 | ) | — | — | — | (58,354 | ) | ||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | 178,077 | 9,451 | (187,528 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | 22,500 | — | — | — | 22,500 | Net cash provided by financing activities | 708,453 | 1,983,099 | 62,759 | 4,514 | (776,079 | ) | 1,982,746 | ||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | (50,500 | ) | — | — | — | (50,500 | ) | Effect of exchange rate changes on cash | — | — | — | 41 | — | 41 | |||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (5,208 | ) | — | — | (5,208 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | (5,429 | ) | — | — | — | (5,429 | ) | Net increase in cash | — | 399 | 4,188 | 3,503 | — | 8,090 | |||||||||||||||||||||||||||||||||||
Payment of dividends | (60,000 | ) | (60,000 | ) | — | — | 60,000 | (60,000 | ) | Cash: | ||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Net cash (used in) provided by financing activities | (60,000 | ) | 110,071 | 163,418 | 9,451 | (118,077 | ) | 104,863 | ||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 399 | $ | 4,188 | $ | 3,503 | $ | — | $ | 8,090 | ||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | (169 | ) | — | (169 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | 76,629 | 9,698 | 17,316 | — | 103,643 | Condensed Consolidating Statements of Cash Flows | |||||||||||||||||||||||||||||||||||||||||||
Cash: | For the Period From January 1, 2012 to November 16, 2012 (Predecessor) | |||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | 399 | 4,188 | 3,503 | — | 8,090 | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 77,028 | $ | 13,886 | $ | 20,819 | $ | — | $ | 111,733 | ||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Supplemental Condensed Consolidating Statements of Cash Flows | Subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 (Predecessor) | Cash flow from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | Net cash provided by operating activities | $ | — | $ | — | $ | 100,385 | $ | 43,330 | $ | (48,344 | ) | $ | 95,371 | ||||||||||||||||||||||||||||||||||||
(unaudited) | Cash flow from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (205,705 | ) | (58,026 | ) | — | (263,731 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (5,231 | ) | (663 | ) | — | (5,894 | ) | |||||||||||||||||||||||||||||||||||||||||
APX | Guarantor | Non- | Eliminations | Consolidated | Proceeds from the sale of capital assets | — | — | 274 | — | — | 274 | |||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | Investment in subsidiary | — | (4,562 | ) | — | — | 4,562 | — | ||||||||||||||||||||||||||||||||||||||||
Subsidiaries | Other assets | — | — | (725 | ) | (18 | ) | — | (743 | ) | ||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 94,141 | $ | 38,504 | $ | — | $ | 132,645 | Net cash used in investing activities | — | (4,562 | ) | (211,387 | ) | (58,707 | ) | 4,562 | (270,094 | ) | |||||||||||||||||||||||||||||
Cash flow from investing activities: | Cash flow from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | (192,412 | ) | (49,330 | ) | — | (241,742 | ) | Proceeds from notes payable | — | — | 116,163 | — | — | 116,163 | |||||||||||||||||||||||||||||||||||
Capital expenditures | — | (3,187 | ) | (268 | ) | — | (3,455 | ) | Proceeds from issuance of preferred stock and warrants | — | 4,562 | — | — | — | 4,562 | |||||||||||||||||||||||||||||||||||
Investment in subsidiary | (4,562 | ) | — | — | 4,562 | — | Proceeds from issuance of preferred stock by Solar | — | — | — | 5,000 | — | 5,000 | |||||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | 274 | — | — | 274 | Capital contributions-non-controlling interest | — | — | — | 9,193 | — | 9,193 | ||||||||||||||||||||||||||||||||||||||
Other assets | — | (1,154 | ) | (18 | ) | — | (1,172 | ) | Borrowings from revolving line of credit | — | — | 101,000 | 4,000 | — | 105,000 | |||||||||||||||||||||||||||||||||||
Intercompany receivable | — | — | (46,036 | ) | — | 46,036 | — | |||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | (4,562 | ) | (196,479 | ) | (49,616 | ) | 4,562 | (246,095 | ) | Intercompany payable | — | — | — | 2,254 | (2,254 | ) | — | |||||||||||||||||||||||||||||||||
Cash flow from financing activities: | Repayments on revolving line of credit | — | — | (42,241 | ) | — | — | (42,241 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | 116,163 | — | — | 116,163 | Change in restricted cash | — | — | — | (152 | ) | — | (152 | ) | ||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock and warrants | 4,562 | — | — | — | 4,562 | Repayments of capital lease obligations | — | — | (4,060 | ) | — | — | (4,060 | ) | ||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock by Solar | — | — | 5,000 | — | 5,000 | Excess tax benefit from share-based payment awards | — | — | 2,651 | — | — | 2,651 | ||||||||||||||||||||||||||||||||||||||
Capital contributions-non-controlling interest | — | — | 4,729 | — | 4,729 | Deferred financing costs | — | — | (5,720 | ) | (964 | ) | — | (6,684 | ) | |||||||||||||||||||||||||||||||||||
Intercompany receivable | — | (7,174 | ) | — | 7,174 | — | Payments of dividends | — | — | — | (80 | ) | — | (80 | ) | |||||||||||||||||||||||||||||||||||
Intercompany payable | — | 4,562 | 7,174 | (11,736 | ) | — | ||||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | 47,000 | 2,500 | — | 49,500 | Net cash provided by financing activities | — | 4,562 | 121,757 | 19,251 | 43,782 | 189,352 | ||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | (42,241 | ) | — | — | (42,241 | ) | Effect of exchange rate changes on cash | — | — | — | (251 | ) | — | (251 | ) | ||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | 448 | — | 448 | |||||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | (3,407 | ) | — | — | (3,407 | ) | Net increase in cash | — | — | 10,755 | 3,623 | — | 14,378 | ||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | (5,720 | ) | (964 | ) | — | (6,684 | ) | Cash: | |||||||||||||||||||||||||||||||||||||||||
Payment of dividends | — | — | (75 | ) | — | (75 | ) | Beginning of period | — | — | 2,817 | 863 | — | 3,680 | ||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | 4,562 | 109,183 | 18,812 | (4,562 | ) | 127,995 | End of period | $ | — | $ | — | $ | 13,572 | $ | 4,486 | $ | — | $ | 18,058 | |||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | 161 | — | 161 | |||||||||||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net increase in cash | — | 6,845 | 7,861 | — | 14,706 | For the Year Ended December 31, 2011 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||
Cash: | (In thousands) | |||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | 2,817 | 863 | — | 3,680 | |||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | 9,662 | $ | 8,724 | $ | — | $ | 18,386 | Parent | APX | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by (used in) operating activities | $ | — | $ | — | $ | (47,002 | ) | $ | 13,962 | $ | (3,802 | ) | $ | (36,842 | ) | |||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (178,824 | ) | (24,753 | ) | — | (203,577 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (6,516 | ) | (5 | ) | — | (6,521 | ) | |||||||||||||||||||||||||||||||||||||||||
Proceeds from the sale of capital assets | — | — | 185 | — | — | 185 | ||||||||||||||||||||||||||||||||||||||||||||
Investment in subsidiary | — | (45,068 | ) | — | 45,068 | — | ||||||||||||||||||||||||||||||||||||||||||||
Other assets | — | — | 2,315 | (5 | ) | — | 2,310 | |||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | (45,068 | ) | (182,840 | ) | (24,763 | ) | 45,068 | (207,603 | ) | ||||||||||||||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | — | 187,500 | 5,000 | (5,000 | ) | 187,500 | |||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock and warrants | — | 45,068 | — | — | — | 45,068 | ||||||||||||||||||||||||||||||||||||||||||||
Proceeds from issuance of preferred stock by Solar | — | — | — | 5,000 | — | 5,000 | ||||||||||||||||||||||||||||||||||||||||||||
Capital contributions-non-controlling interest | — | — | — | 224 | — | 224 | ||||||||||||||||||||||||||||||||||||||||||||
Intercompany payable | — | — | 36,266 | — | (36,266 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Borrowings from revolving line of credit | — | — | 87,300 | — | — | 87,300 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | — | (75,209 | ) | — | — | (75,209 | ) | ||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | (1,348 | ) | — | (1,348 | ) | ||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (2,357 | ) | — | — | (2,357 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | — | (2,000 | ) | — | — | (2,000 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | 45,068 | 231,500 | 8,876 | (41,266 | ) | 244,178 | |||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | 247 | — | 247 | ||||||||||||||||||||||||||||||||||||||||||||
Net (decrease) increase in cash | — | — | 1,658 | (1,678 | ) | — | (20 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | 3,700 | — | — | 3,700 | ||||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | — | $ | 5,358 | $ | (1,678 | ) | $ | — | $ | 3,680 | |||||||||||||||||||||||||||||||||||||
Condensed Consolidating Statements of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 (Predecessor) | ||||||||||||||||||||||||||||||||||||||||||||||||||
(In thousands) | ||||||||||||||||||||||||||||||||||||||||||||||||||
Parent | APX | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||||
Group, Inc. | Subsidiaries | Guarantor | ||||||||||||||||||||||||||||||||||||||||||||||||
Subsidiaries | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash flow from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | — | $ | 27,583 | $ | 21,540 | $ | (15,802 | ) | $ | 33,321 | |||||||||||||||||||||||||||||||||||||
Cash flow from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Subscriber contract costs | — | — | (140,885 | ) | (22,828 | ) | — | (163,713 | ) | |||||||||||||||||||||||||||||||||||||||||
Capital expenditures | — | — | (1,834 | ) | (45 | ) | — | (1,879 | ) | |||||||||||||||||||||||||||||||||||||||||
Repayment of advances to related parties, net | — | — | (15,802 | ) | — | 15,802 | — | |||||||||||||||||||||||||||||||||||||||||||
Other assets | — | — | (1,709 | ) | (1,864 | ) | — | (3,573 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (160,230 | ) | (24,737 | ) | 15,802 | (169,165 | ) | |||||||||||||||||||||||||||||||||||||||||
Cash flow from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from notes payable | — | — | 62,500 | — | — | 62,500 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments on revolving line of credit | — | — | 6,650 | — | — | 6,650 | ||||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | 72,104 | — | — | 72,104 | ||||||||||||||||||||||||||||||||||||||||||||
Repayments of capital lease obligations | — | — | (1,224 | ) | — | — | (1,224 | ) | ||||||||||||||||||||||||||||||||||||||||||
Deferred financing costs | — | — | (2,345 | ) | — | — | (2,345 | ) | ||||||||||||||||||||||||||||||||||||||||||
Payments of dividends | — | — | (1,000 | ) | — | — | (1,000 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | — | 136,685 | — | — | 136,685 | ||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rate changes on cash | — | — | — | 1,708 | — | 1,708 | ||||||||||||||||||||||||||||||||||||||||||||
Net (decrease) increase in cash | — | — | 4,038 | (1,489 | ) | — | 2,549 | |||||||||||||||||||||||||||||||||||||||||||
Cash: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Beginning of period | — | — | (1,018 | ) | 2,169 | — | 1,151 | |||||||||||||||||||||||||||||||||||||||||||
End of period | $ | — | $ | — | $ | 3,020 | $ | 680 | $ | — | $ | 3,700 | ||||||||||||||||||||||||||||||||||||||
Divestiture_of_Subsidiary_Tabl
Divestiture of Subsidiary (Tables) | 9 Months Ended | ||||
Sep. 30, 2013 | |||||
Discontinued Operations And Disposal Groups [Abstract] | ' | ||||
Summary of Net Gain Recognized in Connection with Divestiture | ' | ||||
The following table summarizes the net gain recognized in connection with this divestiture (in thousands): | |||||
Adjusted net sale price | $ | 148,871 | |||
2GIG assets (including cash of $3,383), net of liabilities | (108,797 | ) | |||
2.0 technology, net of amortization | 16,903 | ||||
Other | (9,855 | ) | |||
Net gain on divestiture | $ | 47,122 | |||
Significant_Accounting_Policie3
Significant Accounting Policies - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | |||||||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2008 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Jun. 30, 2013 | Nov. 16, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Jun. 30, 2012 | |
Minimum [Member] | Maximum [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |||||
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred revenue recognition, declining balance method period | '12 years | '12 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization percentage on subscriber contract costs | 150.00% | 150.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization duration of declining balance method | ' | ' | ' | ' | ' | ' | '12 years | '12 years | ' | ' | '12 years | '12 years | ' | ' | ' |
Intangible asset, amortization period | ' | '10 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash | ' | ' | ' | $2,507,000 | ' | ' | $8,090,000 | $111,733,000 | ' | ' | ' | ' | $3,680,000 | ' | ' |
Allowance for doubtful accounts | 2,560,000 | 2,301,000 | ' | 1,903,000 | ' | ' | 2,301,000 | 2,560,000 | 2,625,000 | 3,649,000 | 2,675,000 | 3,649,000 | 1,903,000 | 1,484,000 | 2,375,000 |
Estimated useful life of intangible assets | ' | ' | ' | ' | '5 years | '10 years | ' | ' | ' | ' | ' | ' | ' | ' | ' |
wrote off unamortized deferred financing cost | ' | 3,451,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred financing cost, net | ' | 57,322,000 | ' | 4,189,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred financing cost, accumulated amortization | ' | 1,032,000 | ' | 16,445,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expenses included in interest expense | ' | ' | ' | ' | ' | ' | 1,032,000 | 6,430,000 | ' | ' | 5,590,000 | 6,619,000 | 7,709,000 | 5,632,000 | ' |
Accrued expenses and other current liabilities | ' | 1,418,000 | ' | ' | ' | ' | 38,232,000 | 61,220,000 | ' | ' | ' | ' | 8,354,000 | ' | ' |
Other long-term obligations | ' | ' | ' | 11,515,000 | ' | ' | 2,257,000 | 11,562,000 | ' | ' | ' | ' | 19,384,000 | ' | ' |
Advertising expenses incurred | ' | ' | ' | ' | ' | ' | 1,686,000 | ' | ' | ' | ' | 8,204,000 | 8,505,000 | 3,834,000 | ' |
Proceeds from sale of contracts | ' | ' | 118,136,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest income net | ' | ' | ' | ' | ' | ' | 4,000 | 1,087,000 | ' | ' | 54,000 | 61,000 | 64,000 | 59,000 | ' |
Unused letters of credit | ' | $2,168,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Significant_Accounting_Policie4
Significant Accounting Policies - Schedule of Company's Allowance for Accounts Receivable (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 |
Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | ||||
Allowance For Doubtful Accounts Receivable [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning balance | $2,560,000 | $2,301,000 | $1,903,000 | $3,649,000 | $2,625,000 | $2,301,000 | $2,375,000 | $1,903,000 | $1,903,000 | $1,484,000 |
Bad debt expense | ' | ' | ' | 1,307,000 | 2,860,000 | 8,299,000 | 2,776,000 | 6,254,000 | 8,204,000 | 7,026,000 |
Write-offs and adjustments | ' | ' | ' | -2,655,000 | -2,925,000 | -8,040,000 | -2,476,000 | -5,482,000 | -6,458,000 | -6,607,000 |
Balance at end of period | $2,560,000 | $2,301,000 | $1,903,000 | $2,301,000 | $2,560,000 | $2,560,000 | $2,675,000 | $2,675,000 | $3,649,000 | $1,903,000 |
Business_Combinations_Addition
Business Combinations - Additional Information (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | |
Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | |
Installment | Installment | Installment | |||
Blackstone Group [Member] | ' | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Investment in equity | $155,160,000 | $155,160,000 | ' | ' | $155,160,000 |
Deposit in escrow | 28,428,000 | 28,428,000 | ' | ' | 28,428,000 |
Adjustments to total purchase consideration | 54,300,000 | 54,300,000 | ' | ' | 54,300,000 |
Total consideration transferred | ' | 1,935,638,000 | ' | ' | 1,933,559,000 |
Restricted cash | 28,428,000 | 28,428,000 | ' | ' | 28,428,000 |
Percentage of total payment | ' | 50.00% | ' | ' | 50.00% |
Number of payments installments | 2 | 2 | ' | ' | 2 |
Transaction cost, bonus and other payments to employees | ' | ' | ' | ' | 48,586,000 |
Transaction cost | 31,885,000 | 31,540,000 | 4,097,000 | 23,461,000 | 31,540,000 |
Aggregate cash consideration | 1,933,559,000 | 1,935,638,000 | ' | ' | 1,933,559,000 |
Blackstone Group [Member] | Minimum [Member] | ' | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Subscriber attrition rates and discount rates | 8.00% | 8.00% | ' | ' | 8.00% |
Blackstone Group [Member] | Maximum [Member] | ' | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Subscriber attrition rates and discount rates | 14.00% | 14.00% | ' | ' | 14.00% |
Smartrove Acquisition [Member] | ' | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Acquisition date of wholly-owned subsidiary | ' | 29-May-13 | ' | ' | ' |
Aggregate cash consideration | ' | 4,275,000 | ' | ' | ' |
Aggregate cash consideration, escrow | ' | $870,000 | ' | ' | ' |
Business_Combinations_Summary_
Business Combinations - Summary of Preliminary Components of Cash Paid to Acquire Company (Detail) (Blackstone Group [Member], USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | |
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2012 |
Blackstone Group [Member] | ' | ' | ' | ' | ' |
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Revolving line of credit | ' | $10,000 | ' | ' | $10,000 |
Issuance of bonds, net of issuance costs | ' | 1,246,646 | ' | ' | 1,246,646 |
Contributed equity | ' | 713,821 | ' | ' | 713,821 |
Less: Transaction costs | -31,885 | -31,540 | -4,097 | -23,461 | -31,540 |
Less: Net worth adjustment | ' | -3,289 | ' | ' | -5,368 |
Total consideration transferred | ' | $1,935,638 | ' | ' | $1,933,559 |
Business_Combinations_Summary_1
Business Combinations - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Detail) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 |
In Thousands, unless otherwise specified | Blackstone Group [Member] | Blackstone Group [Member] | Smartrove [Member] | ||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' |
Current assets acquired | ' | ' | $73,239 | $73,239 | ' |
Net assets acquired from Smartrove | ' | ' | ' | ' | 3 |
Property, plant and equipment | ' | ' | 29,293 | 29,293 | ' |
Other assets | ' | ' | 30,535 | 30,535 | ' |
Intangible assets | ' | ' | 1,062,300 | 1,062,300 | 4,040 |
Goodwill | 876,642 | ' | 878,450 | 876,371 | 1,765 |
Current liabilities assumed | ' | ' | -100,258 | -100,258 | ' |
Deferred income tax liability | ' | ' | -32,144 | -32,144 | -1,533 |
Other liabilities | ' | ' | -5,777 | -5,777 | ' |
Total fair value of the assets acquired and liabilities assumed | ' | ' | $1,935,638 | $1,933,559 | $4,275 |
Liquidity_Additional_Informati
Liquidity - Additional Information (Detail) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 |
Statement Of Financial Position [Abstract] | ' | ' |
Working capital deficit | ($32,834,000) | ($25,013,000) |
LongTerm_Debt_Additional_Infor
Long-Term Debt - Additional Information (Detail) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 11 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 9 Months Ended | 1 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||
Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2011 | Nov. 16, 2012 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2009 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Nov. 16, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | 31-May-13 | Nov. 16, 2012 | Dec. 31, 2012 | 31-May-13 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Feb. 28, 2012 | Feb. 28, 2012 | Nov. 16, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | |
APX Group, Inc. [Member] | Successor [Member] | Successor [Member] | Scenario One [Member] | Interest Rate Swap [Member] | Minimum [Member] | Minimum [Member] | Prime Rate [Member] | Federal Funds Effective Rate [Member] | London Interbank Offered Rate (LIBOR) [Member] | London Interbank Offered Rate (LIBOR) [Member] | Credit Agreement | Credit Agreement | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | Registration Rights Agreement [Member] | Revolving Line Of Credit [Member] | Revolving Line Of Credit [Member] | Delayed Draw Term Loan [Member] | Delayed Draw Term Loan [Member] | Term Loan Credit Facility [Member] | Term Loan Credit Facility [Member] | Fourth Amendment To Credit Facility [Member] | Fourth Amendment To Credit Facility [Member] | Senior Secured Revolving Credit Facility [Member] | Senior Secured Revolving Credit Facility [Member] | Revolving Credit Facilities [Member] | ||||
APX Group, Inc. [Member] | Scenario One [Member] | Scenario Two [Member] | Scenario One [Member] | Scenario One [Member] | Scenario Two [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Successor [Member] | Successor [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Credit Agreement | Credit Agreement | Credit Agreement | Credit Agreement | Credit Agreement | Credit Agreement | Before Amendment [Member] | After Amendment [Member] | APX Group, Inc. [Member] | ||||||||||||||||||||
APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | ||||||||||||||||||||||||||||||||||||||||||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior secured notes issued | $1,333,000,000 | $1,508,385,000 | ' | $1,305,000,000 | $1,333,000,000 | $1,305,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $925,000,000 | $925,000,000 | $925,000,000 | ' | ' | $925,000,000 | $925,000,000 | $925,000,000 | $583,385,000 | $380,000,000 | $380,000,000 | ' | ' | ' | $380,000,000 | $380,000,000 | $200,000,000 | $380,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6.38% | 6.38% | ' | 6.38% | 6.38% | ' | 6.38% | 6.38% | 8.75% | 8.75% | ' | 8.75% | 8.75% | ' | ' | 8.75% | 8.75% | 8.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument maturity year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1-Dec-19 | 1-Dec-19 | ' | 1-Dec-19 | 1-Dec-19 | ' | 1-Dec-19 | 1-Dec-19 | 1-Dec-20 | 1-Dec-20 | ' | 1-Dec-20 | 1-Dec-20 | ' | ' | 1-Dec-20 | 1-Dec-20 | 1-Dec-20 | ' | ' | ' | ' | ' | ' | ' | ' | 30-Apr-13 | ' | ' | ' |
New senior secured notes issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,000,000 | 10,000,000 | ' |
Debt instrument interest rate percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 101.75% | ' | ' | ' | ' | 101.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Credit facility, aggregate principal amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 690,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 85,000,000 | ' | 250,000,000 | ' | 355,000,000 | ' | 690,000,000 | 762,000,000 | ' | ' | 200,000,000 |
Credit facility, commitment fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% |
Credit facility, due date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16-Nov-17 |
Line of credit, amount outstanding | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 18,741,000 | ' | 250,000,000 | ' | 355,000,000 | ' | ' | ' | ' | ' |
Write off unamortized debt issuance cost | 3,451,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,451,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate at period end | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.25% | ' | ' | 0.28% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate | ' | ' | ' | ' | ' | ' | 9.00% | ' | ' | ' | ' | 0.50% | 10.00% | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate, minimum | ' | ' | ' | ' | ' | ' | ' | ' | 6.00% | 3.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt weighted average interest rate | ' | ' | 13.95% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unused fees percent of revolving credit facility | 1.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Notional amount | ' | ' | ' | ' | ' | ' | ' | 50,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap agreement, expiration date | ' | ' | ' | ' | ' | ' | ' | 2-Jul-12 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New additional senior secured notes issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Exchange offer completion date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 29-Oct-13 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
LongTerm_Debt_Summary_of_Debt_
Long-Term Debt - Summary of Debt (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 |
Successor [Member] | Predecessor [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | Senior Secured Delayed Draw Term Loan [Member] | Two Thousand Thirteen Term Loan [Member] | Revolving Line Of Credit [Member] | Revolving Credit Facility [Member] | Revolving Credit Facility [Member] | |||
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Successor [Member] | ||||||||||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Outstanding Principal | $1,505,000,000 | $1,333,000,000 | ' | ' | $925,000,000 | $925,000,000 | ' | ' | $580,000,000 | $380,000,000 | ' | ' | ' | ' | ' | $28,000,000 | ' |
Unamortized Premium | 3,385,000 | ' | ' | ' | ' | ' | ' | ' | 3,385,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Debt | 1,508,385,000 | 1,333,000,000 | 1,333,000,000 | 623,741,000 | 925,000,000 | 925,000,000 | 925,000,000 | 925,000,000 | 583,385,000 | 380,000,000 | 380,000,000 | 380,000,000 | 355,000,000 | 250,000,000 | 18,741,000 | 28,000,000 | 28,000,000 |
Less: Current portion of long-term debt | ' | ' | ' | 18,741,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total Long-term debt | ' | ' | $1,333,000,000 | $605,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
LongTerm_Debt_Summary_of_Debt_1
Long-Term Debt - Summary of Debt (Parenthetical) (Detail) | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | ||||
Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | |
6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | |
6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | Senior Secured Delayed Draw Term Loan [Member] | Two Thousand Thirteen Term Loan [Member] | |||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument interest rate | 6.38% | 6.38% | 8.75% | 8.75% | 6.38% | 8.75% | ' | ' |
Debt instrument maturity year | 1-Dec-19 | 1-Dec-19 | 1-Dec-20 | 1-Dec-20 | 1-Dec-19 | 1-Dec-20 | 1-Dec-13 | 1-Dec-13 |
LongTerm_Debt_Scheduled_of_Mat
Long-Term Debt - Scheduled of Maturities of Long-Term Debt (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Debt Disclosure [Abstract] | ' | ' |
2013 | ' | ' |
2014 | ' | ' |
2015 | ' | ' |
2016 | ' | ' |
2017 | ' | 28,000 |
2018 and thereafter | 1,505,000 | 1,305,000 |
Total | $1,508,385 | $1,333,000 |
Discontinued_Operations_Detail
Discontinued Operations (Detail) (Predecessor [Member], USD $) | 9 Months Ended | 11 Months Ended | 12 Months Ended |
In Thousands, unless otherwise specified | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 |
Predecessor [Member] | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Revenue, net | ' | $91 | $336 |
Operating loss | ' | -329 | -1,938 |
Interest expense | ' | -1 | ' |
Impairment of acquired intangible asset | ' | ' | -1,315 |
Total discontinued operations | ($239) | ($239) | ($2,917) |
Variable_Interest_Entities_Add
Variable Interest Entities - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | |
Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 27, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Jun. 01, 2011 | |
2GIG [Member] | 2GIG [Member] | Solar [Member] | Solar [Member] | Solar [Member] | Solar [Member] | |||
Revolving Credit Facility [Member] | ||||||||
Variable Interest Entities [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase of solar | $75,000,000 | $75,000,000 | ' | ' | ' | ' | ' | ' |
Sales of equipment to other legal entities | ' | ' | 71.00% | 53.00% | ' | ' | ' | ' |
Payment of combined fee for electricity generated | 0.05 | 0.05 | ' | ' | ' | ' | ' | ' |
Revolving credit note, principal balance | ' | ' | ' | ' | ' | ' | ' | 5,000,000 |
Accrued interest rate per annum | ' | ' | ' | ' | ' | ' | ' | 13.00% |
Expected borrowing by solar | ' | ' | ' | ' | 20,000,000 | ' | ' | ' |
Interest on outstanding balance | ' | ' | ' | ' | 7.50% | ' | ' | ' |
Principal balance outstanding | ' | ' | ' | ' | ' | 20,000,000 | 15,000,000 | ' |
Payment-in-kind interest | ' | ' | ' | ' | ' | 530,000 | ' | ' |
Accrued interest | ' | ' | ' | ' | ' | $530,000 | ' | ' |
Carrying_Amount_of_Assets_and_
Carrying Amount of Assets and Liabilities (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | 2GIG [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |||
Solar [Member] | 2GIG [Member] | ||||||||
Variable Interest Entity [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash | ' | ' | $2,507 | $3,383 | ' | $3,680 | ' | $84 | $1,007 |
Accounts receivable | ' | ' | ' | ' | ' | 5,873 | ' | 2 | 5,042 |
Inventories, net | ' | ' | ' | ' | ' | 56,488 | ' | 1,327 | 9,641 |
Other assets | ' | ' | ' | ' | ' | ' | ' | 5,086 | 170 |
Total current assets | ' | ' | ' | ' | ' | 76,908 | ' | 6,499 | 15,860 |
Subscriber contract costs, net | 267,004 | 12,753 | ' | ' | ' | 534,013 | ' | 2,007 | ' |
Property and equipment, net | 29,236 | 30,206 | ' | ' | 29,293 | 26,440 | 21,399 | ' | 985 |
Restricted cash | ' | ' | ' | ' | ' | 1,349 | ' | 1,348 | ' |
Long-term investments and other assets | 27,358 | 21,705 | ' | ' | ' | 1,375 | ' | ' | 65 |
Total assets | ' | ' | ' | ' | ' | 644,980 | 456,286 | 9,854 | 16,910 |
Accounts payable and accrued liabilities | ' | ' | ' | ' | ' | ' | ' | 238 | 10,056 |
Total current liabilities | ' | ' | ' | ' | ' | 101,921 | ' | 238 | ' |
Customer deposits | ' | ' | ' | ' | ' | ' | ' | ' | 6,987 |
Note payable to Vivint, Inc. | ' | ' | ' | ' | ' | 605,000 | ' | 5,000 | ' |
Total liabilities | ' | ' | ' | ' | ' | $828,479 | ' | $5,238 | $17,043 |
Balance_Sheet_Components_Sched
Balance Sheet Components - Schedule of Company's Balance Sheet Component Balances (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Successor [Member] | Predecessor [Member] | ||
Inventories | ' | ' | ' | ' | ' |
Inventory stock | ' | ' | ' | $32,507 | $59,901 |
Inventory valuation | ' | ' | ' | -180 | -3,413 |
Inventories, net | ' | ' | 36,661 | 32,327 | 56,488 |
Subscriber contract costs | ' | ' | ' | ' | ' |
Subscriber contract costs | 280,006 | 12,934 | ' | 12,934 | 685,372 |
Accumulated amortization | -13,002 | -181 | ' | -181 | -151,359 |
Subscriber contract costs, net | 267,004 | 12,753 | 267,004 | 12,753 | 534,013 |
Long-term investments and other assets | ' | ' | ' | ' | ' |
Note receivable | 20,871 | 15,341 | ' | 15,341 | 882 |
Security deposit receivable | 6,255 | 6,236 | ' | 6,236 | 178 |
Other | 232 | 128 | ' | 128 | 315 |
Total long-term investments and other assets, net | 27,358 | 21,705 | 27,358 | 21,705 | 1,375 |
Accrued payroll and commissions | ' | ' | ' | ' | ' |
Accrued payroll | 10,278 | 7,396 | ' | 7,396 | 5,220 |
Accrued commissions | 77,576 | 13,050 | ' | 13,050 | 9,384 |
Total accrued payroll and commissions | $87,854 | $20,446 | $87,854 | $20,446 | $14,604 |
Property_and_Equipment_Compone
Property and Equipment - Components of Company's Property and Equipment (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Computer equipment and software [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Leasehold improvements [Member] | Office furniture, fixtures and equipment [Member] | Office furniture, fixtures and equipment [Member] | Office furniture, fixtures and equipment [Member] | Office furniture, fixtures and equipment [Member] | Warehouse equipment [Member] | Warehouse equipment [Member] | Warehouse equipment [Member] | Warehouse equipment [Member] | Buildings [Member] | Buildings [Member] | Buildings [Member] | Buildings [Member] | Construction in process [Member] | Construction in process [Member] | Construction in process [Member] | Construction in process [Member] | ||
Successor [Member] | Predecessor [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Successor [Member] | Predecessor [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Successor [Member] | Predecessor [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | ||||||||||||||||||||||
Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | ||||||||||||||||||||||||||||||||||||||||||
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Gross | $36,033 | $31,371 | ' | $31,371 | ' | $38,854 | ' | $9,298 | $10,038 | $10,038 | $10,791 | ' | ' | ' | ' | $6,420 | $4,797 | $4,797 | $10,607 | ' | ' | ' | ' | $13,080 | $7,599 | $7,599 | $8,371 | ' | ' | ' | ' | $4,513 | $1,924 | $1,924 | $5,309 | $1,726 | $3,066 | $3,066 | $2,126 | $702 | $702 | $702 | $968 | $294 | $3,245 | $3,245 | $682 |
Accumulated depreciation and amortization | -6,797 | -1,165 | ' | -1,165 | ' | -12,414 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net property and equipment | $29,236 | $30,206 | $29,236 | $30,206 | $29,293 | $26,440 | $21,399 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Estimated Useful Lives | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '3 years | '3 years | '5 years | '5 years | ' | ' | ' | ' | '3 years | '3 years | '5 years | '5 years | ' | ' | ' | ' | '2 years | '3 years | '15 years | '15 years | '7 years | ' | '7 years | ' | '7 years | ' | '7 years | ' | '39 years | ' | '39 years | ' | ' | ' | ' | ' |
Property_and_Equipment_Additio
Property and Equipment - Additional Information (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 12 Months Ended | ||||||||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Assets under capital lease obligations [Member] | Assets under capital lease obligations [Member] | Assets under capital lease obligations [Member] | Assets under capital lease obligations [Member] | Assets under capital lease obligations [Member] | Assets under capital lease obligations [Member] | ||||||
Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | ||||||||||||||
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property, Plant and Equipment, Gross | $36,033 | ' | $36,033 | ' | $31,371 | $31,371 | ' | ' | ' | $38,854 | ' | $9,369 | $9,795 | $9,795 | ' | $8,464 | ' |
Accumulated depreciation and amortization | 6,797 | ' | 6,797 | ' | 1,165 | 1,165 | ' | ' | ' | 12,414 | ' | 2,329 | 319 | 319 | ' | 3,903 | ' |
Depreciation and amortization expense | $2,183 | $2,205 | $6,725 | $6,228 | ' | $11,229 | $9,760 | $6,484 | $7,676 | $7,571 | $5,933 | ' | ' | $1,165 | $7,378 | $5,820 | $3,331 |
Schedule_of_Changes_in_Carryin
Schedule of Changes in Carrying Amount of Goodwill by Operating Segment (Detail) (USD $) | 12 Months Ended |
In Thousands, unless otherwise specified | Dec. 31, 2012 |
Goodwill [Line Items] | ' |
Goodwill beginning balance | ' |
Goodwill resulting from the Merger | 876,371 |
Effect of foreign currency translation | 271 |
Goodwill ending balance | 876,642 |
Vivint [Member] | ' |
Goodwill [Line Items] | ' |
Goodwill beginning balance | ' |
Goodwill resulting from the Merger | 832,579 |
Effect of foreign currency translation | 271 |
Goodwill ending balance | 832,850 |
2GIG [Member] | ' |
Goodwill [Line Items] | ' |
Goodwill beginning balance | ' |
Goodwill resulting from the Merger | 43,792 |
Goodwill ending balance | $43,792 |
Intangible_Assets_Schedule_of_
Intangible Assets - Schedule of Intangible Asset Balances (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Predecessor [Member] | Customer contracts [Member] | Customer contracts [Member] | Customer contracts [Member] | Customer contracts [Member] | 2GIG 2.0 technology [Member] | 2GIG 2.0 technology [Member] | 2GIG 2.0 technology [Member] | 2GIG 2.0 technology [Member] | CMS and other technology [Member] | CMS and other technology [Member] | Smartrove technology [Member] | Smartrove technology [Member] | Other technology [Member] | Other technology [Member] | 2GIG customer relationships [Member] | 2GIG customer relationships [Member] | 2GIG customer relationships [Member] | 2GIG customer relationships [Member] | 2GIG 1.0 technology [Member] | 2GIG 1.0 technology [Member] | 2GIG 1.0 technology [Member] | 2GIG 1.0 technology [Member] | CMS technology [Member] | CMS technology [Member] | Purchased Technology [Member] | Purchased Technology [Member] | Lead generation technology [Member] | Lead generation technology [Member] | ||
Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | |||||||||||||||||||
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Intangible asset, gross | $1,013,886 | $1,063,077 | $1,063,077 | $5,090 | $987,553 | $990,777 | $990,777 | ' | $17,000 | $17,000 | $17,000 | ' | $4,643 | $2,300 | $4,040 | ' | $650 | ' | ' | $45,000 | $45,000 | ' | ' | $8,000 | $8,000 | ' | $2,300 | ' | ' | $3,395 | ' | $1,695 |
Accumulated amortization | -131,153 | -10,058 | -10,058 | -4,384 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net ending balance | $882,733 | $1,053,019 | $1,053,019 | $706 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Estimated Useful Lives of intangible asset | ' | ' | ' | ' | '10 years | ' | '10 years | ' | '8 years | ' | '8 years | ' | '5 years | ' | '3 years | ' | '2 years | ' | '10 years | ' | '10 years | ' | '6 years | ' | '6 years | ' | '5 years | ' | '2 years | ' | '5 years | ' |
Intangible_Assets_Additional_I
Intangible Assets - Additional Information (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 11 Months Ended | |||||
Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Sep. 30, 2013 | Nov. 16, 2012 | Sep. 30, 2013 | |
Successor [Member] | Successor [Member] | Predecessor [Member] | Smartrove Acquisition [Member] | ||||||||
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense | $40,701,000 | $84,000 | ' | $123,426,000 | $254,000 | $1,751,000 | $2,602,000 | $10,058,000 | $120,391,000 | $325,000 | ' |
Intangible asset impairment charges | ' | ' | 1,315,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Cash consideration on purchase of intellectual property | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 650,000 |
Cash held in escrow | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $130,000 |
Intangible_Assets_Schedule_of_1
Intangible Assets - Schedule of Estimated Future Amortization Expense of Intangible Assets (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ' |
2013 | $40,852 | $169,218 |
2014 | 149,938 | 155,233 |
2015 | 133,387 | 138,598 |
2016 | 115,308 | 120,912 |
2017 | 100,280 | 105,919 |
Thereafter | 342,968 | 363,139 |
Net ending balance | $882,733 | $1,053,019 |
Fair_Value_Measurements_Additi
Fair Value Measurements - Additional Information (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Senior Subordinated Notes [Member] | Senior Subordinated Notes [Member] | Senior Subordinated Notes [Member] | Senior Subordinated Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | Senior Notes [Member] | |||
Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 2 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Inputs, Level 2 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | |||||||||
Carrying value [Member] | Carrying value [Member] | Carrying value [Member] | Carrying value [Member] | |||||||||||||||||
Fair Value, Estimate Not Practicable, Financial Statement Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Subscriber attrition and discount rates | ' | ' | ' | ' | ' | ' | ' | ' | 8.00% | 8.00% | 14.00% | 14.00% | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred revenue | ' | $24,328,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior Notes | $1,508,385,000 | $1,333,000,000 | $925,000,000 | $925,000,000 | $925,000,000 | $583,385,000 | $380,000,000 | $380,000,000 | ' | ' | ' | ' | $888,770,000 | $917,980,000 | $925,000,000 | $925,000,000 | $581,142,000 | $374,478,000 | $580,000,000 | $380,000,000 |
Schedule_of_Fiar_Value_of_Asse
Schedule of Fiar Value of Assets and Liabilities Measured on Recurring Basis (Detail) (Fair Value, Measurements, Recurring [Member], USD $) | Dec. 31, 2011 |
In Thousands, unless otherwise specified | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | $2,106 |
Warrant Liability [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 1,788 |
Interest Rate Swap [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 318 |
Fair Value, Inputs, Level 1 [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | ' |
Fair Value, Inputs, Level 1 [Member] | Warrant Liability [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | ' |
Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | ' |
Fair Value, Inputs, Level 2 [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 318 |
Fair Value, Inputs, Level 2 [Member] | Warrant Liability [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | ' |
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 318 |
Fair Value, Inputs, Level 3 [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 1,788 |
Fair Value, Inputs, Level 3 [Member] | Warrant Liability [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | 1,788 |
Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member] | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' |
Fair value of financial liabilities | ' |
Income_Taxes_Additional_Inform
Income Taxes - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | |
Domestic Tax Authority [Member] | Domestic Tax Authority [Member] | State and Local Jurisdiction [Member] | State and Local Jurisdiction [Member] | Foreign Tax Authority [Member] | Foreign Tax Authority [Member] | 2GIG [Member] | 2GIG [Member] | Smartrove [Member] | Smartrove [Member] | True-up of 2012 provision to final tax returns [Member] | True-up of 2012 provision to final tax returns [Member] | ||||
Income Taxes [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortized period for capitalized cost | ' | '15 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net operating loss carryforwards | ' | ' | ' | $845,095,000 | $552,095,000 | $789,687,000 | $536,975,000 | $32,369,000 | $15,289,000 | ' | ' | ' | ' | ' | ' |
Net operating loss carryforward expiration beginning year | ' | ' | ' | '2026 | ' | '2026 | ' | '2029 | ' | ' | ' | ' | ' | ' | ' |
Amount of net operating loss carryforwards to be recorded in additional paid in capital when realized | ' | 11,483,000 | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Alternative minimum tax credits | ' | ' | ' | 71,000 | 86,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Research and development credits | ' | ' | ' | 30,000 | 54,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Research and development credits expiration beginning year | ' | '2030 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Effective income tax rate | -14.67% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income tax benefit or expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | $19,400,000 | $19,400,000 | $1,500,000 | $1,500,000 | $300,000 | $300,000 |
Income_Tax_Benefit_Provision_D
Income Tax (Benefit) Provision (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Current income tax: | ' | ' | ' | ' | ' | ' |
Federal | ' | ' | ' | $2,635 | $86 | ($363) |
State | 56 | ' | ' | 837 | 633 | 142 |
Foreign | 28 | ' | ' | 276 | ' | -430 |
Total | 84 | ' | ' | 3,748 | 719 | -651 |
Deferred income tax: | ' | ' | ' | ' | ' | ' |
Federal | -9,489 | ' | ' | ' | ' | ' |
State | -1,788 | ' | ' | ' | ' | ' |
Foreign | 290 | ' | ' | 1,175 | -4,458 | 4,971 |
Total | -10,987 | ' | ' | 1,175 | -4,458 | 4,971 |
Income tax (benefit) expense | ($10,903) | $11,598 | $5,195 | $4,923 | ($3,739) | $4,320 |
Reconciliation_of_Effective_In
Reconciliation of Effective Income Tax (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Income Tax Reconciliation [Line Items] | ' | ' | ' | ' | ' | ' |
Computed expected tax expense | ($13,941) | ' | ' | ($50,970) | ($22,489) | ($8,377) |
State income taxes, net of federal tax effect | -1,143 | ' | ' | 555 | 434 | 91 |
Foreign income taxes | -69 | ' | ' | 610 | 831 | -1,889 |
Permanent differences | 534 | ' | ' | 4,820 | 193 | -335 |
Non-deductible acquisition costs | 3,716 | ' | ' | 2,896 | ' | ' |
Intercompany elimination | ' | ' | ' | 2,843 | ' | ' |
Change in valuation allowance | ' | ' | ' | 44,169 | 17,292 | 14,830 |
Income tax (benefit) expense | ($10,903) | $11,598 | $5,195 | $4,923 | ($3,739) | $4,320 |
Deferred_Tax_Assets_and_Liabil
Deferred Tax Assets and Liabilities (Detail) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Predecessor [Member] |
Gross deferred tax assets: | ' | ' |
Net operating loss carryforwards | $339,831 | $224,619 |
Accrued expenses and allowances | 48,455 | 15,691 |
Inventory reserves | 528 | 5,612 |
Alternative minimum tax credit and research and development credit | 101 | 140 |
Deferred subscriber income | 15 | 9,615 |
Valuation allowance | ' | -58,660 |
Deferred Tax Assets, Net of Valuation Allowance, Total | 388,930 | 197,017 |
Gross deferred tax liabilities: | ' | ' |
Deferred subscriber contract costs | -379,184 | -197,244 |
Purchased intangibles | -28,744 | ' |
Prepaid expenses and depreciation | -107 | -212 |
Deferred Tax Liabilities, Net | -408,035 | -197,456 |
Net deferred tax liability | ($19,105) | ($439) |
Equity_and_StockBased_Compensa2
Equity and Stock-Based Compensation - Schedule of Capital Stock (Detail) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 |
Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |||
Series A common stock [Member] | Series B common stock [Member] | Series D common stock [Member] | Series A Preferred Stock [Member] | Series C Preferred Stock [Member] | Series D Preferred Stock [Member] | |||
Capital Unit [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock, Authorized | 100 | 100 | 25,563 | 25,563 | 1,550 | ' | ' | ' |
Common stock, Issued | 100 | 100 | 25,000 | 25,000 | ' | ' | ' | ' |
Common stock, Outstanding | 100 | 100 | 25,000 | 25,000 | ' | ' | ' | ' |
Preferred stock, Authorized | ' | ' | ' | ' | ' | 25,563 | 10,225 | 50,000 |
Preferred stock, issued | ' | ' | ' | ' | ' | 25,000 | ' | 45,259 |
Preferred stock, outstanding | ' | ' | ' | ' | ' | 25,000 | ' | 45,259 |
Equity_and_StockBased_Compensa3
Equity and Stock-Based Compensation - Additional Information (Detail) (USD $) | 1 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | ||||||||||||||||
14-May-13 | Dec. 20, 2011 | Dec. 31, 2012 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 20, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2008 | Dec. 31, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Jan. 12, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | |
Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series B Preferred Stock [Member] | Series C Preferred Stock [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | 313 Acquisition LLC [Member] | 313 Acquisition LLC [Member] | 313 Acquisition LLC [Member] | 313 Acquisition LLC [Member] | 313 Acquisition LLC [Member] | Vivint Wireless [Member] | Vivint [Member] | ||||||
Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series D Preferred Stock [Member] | Series B common stock [Member] | Series A Preferred Stock [Member] | Series A Preferred Stock [Member] | Series A common stock [Member] | Series C Preferred Stock [Member] | Incentive Units [Member] | Incentive Units [Member] | Incentive Units [Member] | Incentive Units [Member] | Incentive Units [Member] | Stock appreciation rights (SARs) [Member] | Stock appreciation rights (SARs) [Member] | |||||||||||||||
Chief Executive Officer and President [Member] | Chief Executive Officer and President [Member] | Senior Management and Board Member [Member] | ||||||||||||||||||||||||||||
Stock Based Compensation [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based compensation awards, Description | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'The Incentive Units are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. | 'The Incentive Units are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. | ' | ' | ' | ' | 'The SARs are subject to time-based and performance-based vesting conditions, with one-third subject to ratable time-based vesting over a five year period and two-thirds subject to the achievement of certain investment return thresholds by The Blackstone Group, L.P. and its affiliates. |
Incentive units issued as share-based compensation awards | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 46,484,562 | 46,484,562 | 69,659,562 | 70,000 | 8,300,000 |
Preferred stock, Authorized | ' | ' | ' | ' | ' | ' | ' | ' | 25,000 | ' | ' | ' | ' | ' | ' | ' | ' | 50,000 | ' | ' | 25,563 | ' | 10,225 | ' | ' | ' | ' | ' | ' | ' |
Preferred stock, issued | ' | ' | ' | ' | ' | ' | ' | ' | 25,000 | ' | ' | ' | ' | ' | ' | ' | ' | 45,259 | ' | ' | 25,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cumulative annual dividend rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Dividends paid | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $75,000 | $80,000 | $0 | $1,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock redemption price, per share | ' | ' | $1,000 | ' | ' | ' | $1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage vote of outstanding preferred shares required for redemption | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Redemption price multiplier | ' | ' | 120.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Increase in redemption price multiplier | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock liquidation preference | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,000 | ' | ' | $1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock liquidation preference | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $900 | ' | ' | $900 | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock issued, shares | ' | ' | ' | ' | ' | 45,259 | ' | ' | ' | ' | ' | ' | ' | ' | 4,741 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock issued, value | ' | ' | ' | ' | ' | 45,259,000 | ' | ' | ' | ' | ' | 4,454,000 | 43,280,000 | ' | 4,741,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred stock issued, price per share | ' | ' | ' | ' | ' | $1,000 | ' | ' | ' | ' | ' | ' | ' | ' | $1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock issuance costs | ' | ' | ' | ' | ' | 191,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage purchase of shares allowed on exercise of warrants | ' | 2.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Initial warrant price per share | ' | $0.01 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shares reserved for exercise of warrants | ' | ' | ' | ' | 1,719 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Initial fair value of warrants | ' | ' | ' | ' | 1,788,000 | ' | ' | 1,788,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Share-based compensation awards, Authorized shares | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,550 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 74,062,836 | ' | ' | ' | ' | ' | ' |
Grants date fair value of the options | ' | ' | ' | $2,483 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expected volatility | ' | ' | ' | 30.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 65.00% | 60.00% |
Expected dividend rate assumed to determine fair value of stock options | ' | ' | ' | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.00% | 0.00% |
Expected exercise | ' | ' | ' | '7 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '6 years 6 months | '6 years 15 days |
Risk free interest rate assumed to determine fair value of stock options | ' | ' | ' | 3.12% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.51% | 1.72% |
Dividends distribution | $60,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock appreciation rights ("SARs"), vesting period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' |
Reserved for future issuance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 36,065,000 |
Equity_and_StockBased_Compensa4
Equity and Stock-Based Compensation - Net Proceed From Preferred Stock and Outstanding Warrants (Detail) (USD $) | 1 Months Ended | 12 Months Ended |
Dec. 20, 2011 | Dec. 31, 2011 | |
Preferred Stock And Warrant [Line Items] | ' | ' |
Warrant liability | ' | $1,788,000 |
Series D Preferred Stock [Member] | ' | ' |
Preferred Stock And Warrant [Line Items] | ' | ' |
Series D preferred stock | ' | 1,000 |
Additional paid-in capital | 45,259,000 | ' |
Warrant liability | ' | 1,788,000 |
Series D preferred stock | ' | 45,068,000 |
Series D Preferred Stock [Member] | Additional Paid-in Capital [Member] | ' | ' |
Preferred Stock And Warrant [Line Items] | ' | ' |
Additional paid-in capital | ' | $43,279,000 |
Equity_and_StockBased_Compensa5
Equity and Stock-Based Compensation - Schedule of Stock-Based Compensation Expense (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | ||
In Thousands, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Sep. 30, 2012 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Nov. 16, 2012 | Dec. 31, 2011 |
Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Vivint [Member] | Vivint [Member] | 2GIG [Member] | 2GIG [Member] | Vivint [Member] | Vivint [Member] | 2GIG [Member] | 2GIG [Member] | 2GIG [Member] | 2GIG [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Solar [Member] | Solar [Member] | ||||||||
Stock Based Compensation [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock-based compensation | $643 | $1,317 | $643 | $1,317 | ' | ' | $149 | $490 | $2,371 | $780 | $551 | $112 | $379 | $37 | $111 | $436 | $261 | $1,780 | $498 | $551 | $155 | $21 |
Equity_and_StockBased_Compensa6
Equity and Stock-Based Compensation - Summary of Stock Option Activity (Detail) (Predecessor [Member], USD $) | 11 Months Ended |
In Thousands, except Per Share data, unless otherwise specified | Nov. 16, 2012 |
Predecessor [Member] | ' |
Shares Subject to Outstanding Options | ' |
Outstanding, Beginning Balance | 1,386 |
Granted | 470 |
Forfeited | -343 |
Exercised | -1,513 |
Unvested shares expected to vest after November 16, 2012 | ' |
Weighted Average Exercise Price per Share | ' |
Outstanding, Beginning Balance | $3,136 |
Granted | $4,664 |
Forfeited | $4,026 |
Exercised | $3,409 |
Unvested shares expected to vest after November 16, 2012 | ' |
Commitments_and_Contingencies_1
Commitments and Contingencies - Additional Information (Detail) (USD $) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||||||||||
Jan. 31, 2013 | Jul. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Sep. 30, 2013 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | |
Installment | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Equipment and software [Member] | Equipment and software [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | Vehicles [Member] | ||||||||
Vehicle | Vehicle | Vehicle | Vehicle | Vehicle | Vehicle | Minimum [Member] | Maximum [Member] | |||||||||||||||||
Commitments And Contingencies [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Legal reserves | ' | ' | $2,817,000 | ' | $2,817,000 | ' | $2,527,000 | $743,800 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Claims and litigation settled during the period | ' | ' | ' | ' | ' | ' | 253,000 | 4,313,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Operating leases with related and unrelated parties expiring year | ' | ' | ' | ' | '2028 | ' | '2028 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Leasehold allowance | ' | ' | 4,382,000 | ' | 4,382,000 | ' | 4,382,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Lease expiration date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2016-08 | '2016-08 | ' | ' | ' | ' | ' | ' | ' | ' |
Vehicles leased under Fleet Lease Agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 198 | 24 | 236 | 185 | 223 | 243 | ' | ' |
Lease agreement term | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '36 months | ' | ' | ' | '12 months | '36 months |
Average remaining life for fleet | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '12 years 2 months 12 days | ' | '18 months | ' | ' | ' |
Capital lease obligation | ' | ' | 6,550,000 | ' | 6,550,000 | ' | 8,769,000 | 7,879,000 | 574,000 | 2,988,000 | 4,729,000 | 4,907,000 | 6,151,000 | 4,266,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rent expense for operating leases | ' | ' | 1,441,000 | 1,387,000 | 4,095,000 | 3,785,000 | ' | ' | 657,000 | ' | 4,609,000 | 5,079,000 | 4,086,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Initial lease term | ' | '15 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Estimated fair value of lease | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of monthly rental payments | 156 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Monthly rental payments | $83,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Option for additional lease term | '36 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Commitments_and_Contingencies_2
Commitments and Contingencies - Future Minimum Lease Payments (Detail) (USD $) | Dec. 31, 2012 |
In Thousands, unless otherwise specified | |
Total | ' |
2013 | $11,237 |
2014 | 10,641 |
2015 | 9,068 |
2016 | 7,464 |
2017 | 7,405 |
Thereafter | 54,371 |
Contractual Obligation, Total | 100,186 |
Amount representing interest | -835 |
Total lease payments | 99,351 |
Operating | ' |
2013 | 6,698 |
2014 | 7,313 |
2015 | 7,371 |
2016 | 7,424 |
2017 | 7,405 |
Thereafter | 54,371 |
Total lease payments | 90,582 |
Capital | ' |
2013 | 4,539 |
2014 | 3,328 |
2015 | 1,697 |
2016 | 40 |
2017 | ' |
Thereafter | ' |
Capital Leases, Future Minimum Payments Due, Total | 9,604 |
Amount representing interest | -835 |
Total lease payments | $8,769 |
Related_Party_Transactions_Add
Related Party Transactions - Additional Information (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | |||||||||||||
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2009 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009 | Dec. 31, 2011 | Sep. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | |
Blackstone Management Partners L.L.C. [Member] | Blackstone Management Partners L.L.C. [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Stockholders [Member] | Stockholders [Member] | Stockholders and employees of the Company [Member] | Stockholders and employees of the Company [Member] | Stockholders and employees of the Company [Member] | Stockholders and employees of the Company [Member] | Company, owned by stockholders and employees of the Company [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | |||||||
Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Merger [Member] | Agreement [Member] | Blackstone Management Partners L.L.C. [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | Technology-Based Intangible Assets [Member] | |||||||||||||||||||
Related Party Transaction [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Monthly payment related to resignation of stockholder | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $23,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accrued expenses and other current liabilities | ' | ' | ' | ' | 1,418,000 | ' | ' | ' | 38,232,000 | 61,220,000 | ' | 8,354,000 | ' | 328,000 | ' | ' | ' | ' | ' | ' | ' | 448,000 | ' | ' | ' | ' | ' | ' | ' |
Other long-term obligations | ' | ' | ' | ' | ' | 11,515,000 | ' | ' | 2,257,000 | 11,562,000 | ' | 19,384,000 | ' | 679,000 | ' | ' | ' | ' | ' | ' | ' | 40,000 | ' | ' | ' | ' | ' | ' | ' |
Monthly payments to acquire intangible assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40,000 | 40,000 | 50,000 | 50,000 |
Amount paid under acquisition | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 365,000 | 525,000 | 120,000 | 540,000 | ' | ' | ' | ' | ' |
Contract sales | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 157,000 | 8,539,000 | 12,575,000 | ' | ' | ' | ' | ' | ' | 8,539,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cancellation allowance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 399,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expected repayment period | ' | ' | '1 year | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amounts due from related parties | 341,000 | ' | 341,000 | ' | 341,000 | 541,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue recognized | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,629,000 | 9,852,000 | 6,489,000 | 2,827,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expenses incurred by related party | ' | 726,000 | ' | 1,324,000 | ' | ' | ' | ' | 31,000 | ' | 1,441,000 | 1,344,000 | 1,406,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Additional expenses incurred for other related-party transactions | 217,000 | 283,000 | 560,000 | 583,000 | ' | ' | ' | ' | 57,000 | ' | 720,000 | 2,382,000 | 1,285,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Transaction fees paid | ' | ' | ' | ' | ' | ' | 20,000,000 | 20,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Prepaid expenses and other current assets | ' | ' | ' | ' | 9,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Payment of annual monitoring fee description | ' | ' | ' | ' | ' | ' | 'Company agreed to pay an annual monitoring fee equal to the greater of (i) a minimum base fee of $2.7 million, subject to adjustments if the Company engages in a business combination or disposition that is deemed significant and (ii) the amount of the monitoring fee paid in respect of the immediately preceding fiscal year, without regard to any post-fiscal year "true-up" adjustments as determined by the agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Annual monitoring base fee, minimum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,700,000 | ' | ' | ' | ' |
Expenses related to agreement | ' | ' | ' | ' | ' | ' | 3,481,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fee paid for support services by BMP to Company | ' | ' | 1,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior unsecured notes issued | 200,000,000 | ' | 200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt related fees | $200,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment_Reporting_and_Business
Segment Reporting and Business Concentrations - Additional Information (Detail) | 3 Months Ended | 12 Months Ended | |
Sep. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | |
Segment | Segment | Segment | |
Segment Reporting Disclosure Of Other Information About Entitys Reportable Segments [Abstract] | ' | ' | ' |
Number of operating segments | 1 | 2 | 2 |
Segment_Reporting_Summary_of_R
Segment Reporting - Summary of Revenue and Costs and Expenses (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | ||||
In Thousands, unless otherwise specified | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Sep. 30, 2013 |
Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Successor [Member] | Successor [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Operating Segments [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | Intersegment Eliminations [Member] | |
Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Successor [Member] | Successor [Member] | ||||||||
Vivint [Member] | Vivint [Member] | Vivint [Member] | Vivint [Member] | Vivint [Member] | 2GIG [Member] | 2GIG [Member] | 2GIG [Member] | 2GIG [Member] | 2GIG [Member] | Vivint [Member] | Vivint [Member] | 2GIG [Member] | 2GIG [Member] | |||||||||||||||
Sales Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $124,561 | $334,476 | $397,570 | $339,948 | $238,878 | $57,606 | $368,197 | $108,839 | $290,316 | $346,270 | $312,422 | $234,537 | $42,032 | $101,411 | $112,136 | $129,265 | $65,442 | $50,791 | $350,690 | $12,372 | $60,220 | ($26,310) | ($57,251) | ($60,836) | ($101,739) | ($61,101) | ($5,557) | ($42,713) |
Transaction related costs | ' | ' | 23,461 | ' | ' | 31,885 | ' | ' | ' | 22,219 | ' | ' | ' | ' | 1,242 | ' | ' | 28,118 | ' | 3,767 | ' | ' | ' | ' | ' | ' | ' | ' |
Costs and expenses | 102,613 | 278,897 | 440,563 | 300,934 | 193,649 | 85,799 | 408,607 | 88,772 | 235,939 | ' | 267,973 | 177,580 | 36,366 | 91,385 | ' | 121,967 | 77,176 | ' | 389,321 | ' | 52,200 | -22,525 | -48,427 | ' | -89,006 | -61,107 | ' | -32,914 |
All other costs and expenses | ' | ' | 417,102 | ' | ' | 53,914 | ' | ' | ' | 365,300 | ' | ' | ' | ' | 104,276 | ' | ' | 46,241 | ' | 12,712 | ' | ' | ' | -52,474 | ' | ' | -5,039 | ' |
Income (loss) from operations | 21,948 | 55,579 | -42,993 | 39,014 | 45,229 | -28,193 | -40,410 | 20,067 | 54,377 | -41,249 | 44,449 | 56,957 | 5,666 | 10,026 | 6,618 | 7,298 | -11,734 | -23,568 | -38,631 | -4,107 | 8,020 | -3,785 | -8,824 | -8,362 | -12,733 | 6 | -518 | -9,799 |
Intangible assets including goodwill | ' | ' | ' | ' | ' | 1,929,661 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,840,065 | ' | 85,933 | ' | ' | ' | ' | ' | ' | 3,663 | ' |
Total assets | ' | ' | ' | $644,980 | $456,286 | $2,155,348 | $2,291,541 | ' | ' | ' | $649,895 | $456,516 | ' | ' | ' | $16,910 | $12,588 | $2,050,529 | ' | $115,881 | ' | ' | ' | ' | ($21,825) | ($12,818) | ($11,062) | ' |
Revenues_and_LongLived_Assets_
Revenues and Long-Lived Assets by Geographic Region (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Thousands, unless otherwise specified | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | UNITED STATES | UNITED STATES | UNITED STATES | UNITED STATES | CANADA | CANADA | CANADA | CANADA | ||
Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | ||||||||||
Sales Information [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenue from external customers | ' | ' | $57,606 | $368,197 | $124,561 | $334,476 | $397,570 | $339,948 | $238,878 | $52,196 | $363,875 | $312,626 | $223,245 | $5,410 | $33,695 | $27,322 | $15,633 |
Property, plant and equipment, net | $29,236 | $30,206 | $30,206 | $29,236 | ' | ' | $29,293 | $26,440 | $21,399 | $29,415 | $28,601 | $26,402 | $21,341 | $791 | $692 | $38 | $58 |
Employee_Benefit_Plans_Additio
Employee Benefit Plans - Additional Information (Detail) (USD $) | 12 Months Ended | 3 Months Ended | |
Dec. 31, 2011 | Dec. 31, 2010 | Mar. 31, 2013 | |
2GIG [Member] | |||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Matching contributions to the plan | $25,000 | $79,000 | $36,000 |
Guarantor_and_NonGuarantor_Sup2
Guarantor and Non-Guarantor Supplemental Financial Information - Supplemental Condensed Consolidating Balance Sheet (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2011 |
In Thousands, unless otherwise specified | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |||
Parent [Member] | Parent [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | Eliminations [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | |||||||||
ASSETS | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Current assets | ' | ' | ' | $163,157 | $75,273 | ' | ' | $77,027 | $220 | $84,589 | $79,469 | $25,460 | $6,511 | ($23,919) | ($10,927) | ' | $76,908 | ' | ' | $111,459 | $9,119 | ($43,670) |
Property and equipment, net | 29,236 | 30,206 | ' | 29,236 | 30,206 | ' | ' | ' | ' | 28,597 | 29,415 | 639 | 791 | ' | ' | 29,293 | 26,440 | 21,399 | ' | 26,402 | 38 | ' |
Subscriber acquisition costs, net | 267,004 | 12,753 | ' | 267,004 | 12,753 | ' | ' | ' | ' | 240,536 | 11,518 | 26,468 | 1,235 | ' | ' | ' | 534,013 | ' | ' | 478,182 | 55,831 | ' |
Deferred financing costs, net | ' | ' | ' | 56,206 | 57,322 | ' | ' | 56,206 | 57,322 | ' | ' | ' | ' | ' | ' | ' | 4,189 | ' | ' | 4,189 | ' | ' |
Restricted cash | ' | ' | ' | 28,428 | 28,428 | ' | ' | ' | ' | 28,428 | 28,428 | ' | ' | ' | ' | ' | 1,349 | ' | ' | ' | 1,349 | ' |
Investment in subsidiaries | ' | ' | ' | ' | ' | 531,352 | 679,279 | 1,943,321 | 1,966,582 | ' | ' | ' | ' | -2,474,673 | -2,645,861 | ' | ' | ' | -187,983 | ' | ' | 187,983 |
Intercompany loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | 61,205 | 51,754 | ' | ' | -61,205 | -51,754 | ' | ' | ' | ' | 5,000 | ' | -5,000 |
Intangible assets, net | ' | ' | ' | 882,733 | 1,053,019 | ' | ' | ' | ' | 799,830 | 955,291 | 82,903 | 97,728 | ' | ' | ' | 706 | ' | ' | 706 | ' | ' |
Goodwill | ' | 876,642 | ' | 837,419 | 876,642 | ' | ' | ' | ' | 804,041 | 842,136 | 33,378 | 34,506 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Long-term investments and other assets | 27,358 | 21,705 | ' | 27,358 | 21,705 | ' | ' | ' | ' | 27,333 | 21,676 | 25 | 29 | ' | ' | ' | 1,375 | ' | ' | 1,365 | 10 | ' |
Total assets | ' | ' | ' | 2,291,541 | 2,155,348 | 531,352 | 679,279 | 2,076,554 | 2,024,124 | 2,074,559 | 2,019,687 | 168,873 | 140,800 | -2,559,797 | -2,708,542 | ' | 644,980 | 456,286 | -187,983 | 627,303 | 66,347 | 139,313 |
Liabilities and Stockholders' Equity | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Current liabilities | ' | ' | ' | 208,789 | 108,107 | ' | ' | 36,817 | 11,845 | 159,514 | 91,311 | 36,377 | 15,878 | -23,919 | -10,927 | ' | 101,921 | ' | ' | 97,281 | 48,310 | -43,670 |
Intercompany loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 61,205 | 51,754 | -61,205 | -51,754 | ' | ' | ' | ' | ' | 5,000 | -5,000 |
Notes payable, net of current portion | ' | ' | ' | 1,508,385 | 1,305,000 | ' | ' | ' | 1,333,000 | ' | ' | ' | ' | ' | ' | ' | 605,000 | ' | ' | 605,000 | ' | ' |
Notes payable and revolving line of credit, net of current portion | ' | ' | ' | 1,508,385 | 1,333,000 | ' | ' | 1,508,385 | 1,333,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Liability-contracts sold, net of current portion | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 62,094 | ' | ' | 62,094 | ' | ' |
Capital lease obligations, net of current portion | ' | ' | ' | 2,918 | 4,768 | ' | ' | ' | ' | 2,918 | 4,768 | ' | ' | ' | ' | ' | 5,075 | ' | ' | 5,075 | ' | ' |
Deferred revenue, net of current portion | ' | ' | ' | 17,237 | 708 | ' | ' | ' | ' | 15,425 | 659 | 1,812 | 49 | ' | ' | ' | 34,566 | ' | ' | 29,995 | 4,571 | ' |
Other long-term obligations | ' | ' | 11,515 | 11,562 | 2,257 | ' | ' | ' | ' | 11,239 | 2,096 | 323 | 161 | ' | ' | ' | 19,384 | ' | ' | 18,087 | 1,297 | ' |
Deferred income tax liability | ' | ' | ' | 11,298 | 27,229 | ' | ' | ' | ' | ' | 16,519 | 11,298 | 10,710 | ' | ' | ' | 439 | ' | ' | ' | 439 | ' |
Total APX Group, Inc. stockholders' equity (deficit) | ' | ' | ' | 531,352 | 679,279 | 531,352 | 679,279 | 531,352 | 679,279 | 1,885,463 | 1,904,334 | 57,858 | 62,248 | -2,474,673 | -2,645,861 | ' | -187,983 | ' | -187,983 | -190,097 | 2,114 | 187,983 |
Non-controlling interests | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,484 | ' | ' | -132 | 4,616 | ' |
Total liabilities and equity (deficit) | ' | ' | ' | $2,291,541 | $2,155,348 | $531,352 | $679,279 | $2,076,554 | $2,024,124 | $2,074,559 | $2,019,687 | $168,873 | $140,800 | ($2,559,797) | ($2,708,542) | ' | $644,980 | ' | ($187,983) | $627,303 | $66,347 | $139,313 |
Guarantor_and_NonGuarantor_Sup3
Guarantor and Non-Guarantor Supplemental Financial Information - Condensed Consolidating Statements of Operations and Comprehensive (Loss) Income (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
Parent [Member] | Parent [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | Eliminations [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | Eliminations [Member] | Eliminations [Member] | Eliminations [Member] | ||||||||
Schedule Of Condensed Statements Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $57,606 | $368,197 | ' | ' | ' | ' | $54,251 | $350,358 | $3,412 | $20,103 | ($57) | ($2,264) | $124,561 | $334,476 | $397,570 | $339,948 | $238,878 | ' | ' | ' | ' | $318,363 | $375,502 | $350,572 | $216,392 | $17,200 | $23,431 | ($956) | $29,910 | ($1,087) | ($1,363) | ($9,668) | ($7,424) |
Costs and expenses | 85,799 | 408,607 | ' | ' | ' | ' | 83,477 | 387,796 | 2,379 | 23,075 | -57 | -2,264 | 102,613 | 278,897 | 440,563 | 300,934 | 193,649 | ' | ' | ' | ' | 263,121 | 413,378 | 295,854 | 192,253 | 16,863 | 28,548 | 14,748 | 8,820 | -1,087 | -1,363 | -9,668 | -7,424 |
(Loss) income from operations | -28,193 | -40,410 | ' | ' | ' | ' | -29,226 | -37,438 | 1,033 | -2,972 | ' | ' | 21,948 | 55,579 | -42,993 | 39,014 | 45,229 | ' | ' | ' | ' | 55,242 | -37,876 | 54,718 | 24,139 | 337 | -5,117 | -15,704 | 21,090 | ' | ' | ' | ' |
(Loss) income from subsidiaries | ' | ' | -30,102 | -87,341 | -17,549 | -51,671 | ' | ' | ' | ' | 47,651 | 139,012 | ' | ' | ' | ' | ' | -43,116 | -153,517 | -68,546 | -23,658 | ' | ' | ' | ' | ' | ' | ' | ' | 43,116 | 153,517 | 68,546 | 23,658 |
Other (expense) | -171 | -233 | ' | 60,000 | -12,553 | -35,670 | -256 | 405 | -3 | -68 | ' | -60,000 | ' | -114 | -122 | -386 | -397 | -287 | ' | ' | ' | -89,266 | -103,830 | -97,993 | -69,719 | -439 | -2,851 | -4,248 | -148 | ' | ' | ' | ' |
(Loss) income from continuing operations before income tax expenses | -41,005 | -75,743 | -30,102 | -27,341 | -30,102 | -87,341 | -29,482 | -37,033 | 1,030 | -3,040 | 47,651 | 79,012 | ' | -34,413 | -149,674 | -63,227 | -24,638 | -43,403 | -153,517 | -68,546 | -23,658 | -34,024 | -141,706 | -43,275 | -45,580 | -102 | -7,968 | -19,952 | 20,942 | 43,116 | 153,517 | 68,546 | 23,658 |
Income tax (benefit) expense | -10,903 | 11,598 | ' | ' | ' | ' | -11,193 | 12,447 | 290 | -849 | ' | ' | ' | 5,195 | 4,923 | -3,739 | 4,320 | ' | ' | ' | ' | 5,197 | 3,500 | 719 | -225 | -2 | 1,423 | -4,458 | 4,545 | ' | ' | ' | ' |
(Loss) income from continuing operations | -30,102 | -87,341 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -39,608 | -154,597 | -59,488 | -28,958 | -43,403 | -153,517 | -68,546 | -23,658 | -39,221 | -145,206 | -43,994 | -45,355 | -100 | -9,391 | -15,494 | 16,397 | 43,116 | 153,517 | 68,546 | 23,658 |
Loss from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -239 | -239 | -2,917 | ' | ' | ' | ' | ' | -239 | -239 | -2,917 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net (loss) income before non-controlling interests | -30,102 | -87,341 | -30,102 | ' | -30,102 | ' | -18,289 | ' | 740 | ' | 47,651 | ' | ' | -39,847 | -154,836 | -62,405 | -28,958 | -43,403 | -153,517 | -68,546 | -23,658 | -39,460 | -145,445 | -46,911 | -45,355 | -100 | -9,391 | -15,494 | 16,397 | 43,116 | 153,517 | 68,546 | 23,658 |
Net (loss) income attributable to non-controlling interests | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,556 | -1,319 | 6,141 | -5,300 | ' | ' | ' | ' | 6,197 | 6,781 | 6,769 | -5,300 | -2,641 | -8,100 | 345 | ' | ' | ' | -973 | ' |
Net (loss) income | -30,102 | -87,341 | -30,102 | -27,341 | -30,102 | -87,341 | -18,289 | -49,480 | 740 | -2,191 | 47,651 | 79,012 | ' | -43,403 | -153,517 | -68,546 | -23,658 | -43,403 | -153,517 | -68,546 | -23,658 | -45,657 | -152,226 | -53,680 | -40,055 | 2,541 | -1,291 | -15,839 | 16,397 | 43,116 | 153,517 | 69,519 | 23,658 |
Other comprehensive (loss) income net of tax effects: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net (loss) income before non-controlling interests | -30,102 | -87,341 | -30,102 | ' | -30,102 | ' | -18,289 | ' | 740 | ' | 47,651 | ' | ' | -39,847 | -154,836 | -62,405 | -28,958 | -43,403 | -153,517 | -68,546 | -23,658 | -39,460 | -145,445 | -46,911 | -45,355 | -100 | -9,391 | -15,494 | 16,397 | 43,116 | 153,517 | 68,546 | 23,658 |
Net (loss) income before non-controlling interests | -30,102 | -87,341 | -30,102 | ' | -30,102 | ' | -18,289 | ' | 740 | ' | 47,651 | ' | ' | -39,847 | -154,836 | -62,405 | -28,958 | -43,403 | -153,517 | -68,546 | -23,658 | -39,460 | -145,445 | -46,911 | -45,355 | -100 | -9,391 | -15,494 | 16,397 | 43,116 | 153,517 | 68,546 | 23,658 |
Net (loss) income | -30,102 | -87,341 | -30,102 | -27,341 | -30,102 | -87,341 | -18,289 | -49,480 | 740 | -2,191 | 47,651 | 79,012 | ' | -43,403 | -153,517 | -68,546 | -23,658 | -43,403 | -153,517 | -68,546 | -23,658 | -45,657 | -152,226 | -53,680 | -40,055 | 2,541 | -1,291 | -15,839 | 16,397 | 43,116 | 153,517 | 69,519 | 23,658 |
Change in fair value of interest rate swap agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 318 | 318 | 563 | 179 | 318 | 318 | 563 | 179 | 318 | 318 | 563 | 179 | ' | ' | ' | ' | -318 | -318 | -563 | -179 |
Foreign currency translation adjustment | 928 | -3,981 | ' | ' | 928 | -3,981 | 444 | -1,959 | 484 | -2,022 | -928 | 3,981 | ' | 1,969 | 708 | -1,734 | 1,709 | 1,969 | 708 | -1,734 | 1,709 | 1,844 | 708 | -2,104 | ' | 125 | ' | 370 | 1,709 | -1,969 | -708 | 1,734 | -1,709 |
Total other comprehensive income | 928 | -3,981 | ' | ' | 928 | -3,981 | 444 | -1,959 | 484 | -2,022 | -928 | 3,981 | ' | 2,287 | 1,026 | -1,171 | 1,888 | 2,287 | 1,026 | -1,171 | 1,888 | 2,162 | 1,026 | -1,541 | 179 | 125 | ' | 370 | 1,709 | -2,287 | -1,026 | 1,171 | -1,888 |
Comprehensive (loss) income before non-controlling interests | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -37,560 | -153,810 | -63,576 | -27,070 | -41,116 | -152,491 | -69,717 | -21,770 | -37,298 | -144,419 | -48,452 | -45,176 | 25 | -9,391 | -15,124 | 18,106 | 40,829 | 152,491 | 69,717 | 21,770 |
Comprehensive (loss) income attributable to non-controlling interests | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,556 | -1,319 | 6,141 | -5,300 | ' | ' | ' | ' | 6,197 | 6,781 | 6,769 | -5,300 | -2,641 | -8,100 | 345 | ' | ' | ' | -973 | ' |
Comprehensive (loss) income | ($29,174) | ($91,322) | ($30,102) | ($27,341) | ($29,174) | ($91,322) | ($17,845) | ($51,439) | $1,224 | ($4,213) | $46,723 | $82,993 | ' | ($41,116) | ($152,491) | ($69,717) | ($21,770) | ($41,116) | ($152,491) | ($69,717) | ($21,770) | ($43,495) | ($151,200) | ($55,221) | ($39,876) | $2,666 | ($1,291) | ($15,469) | $18,106 | $40,829 | $152,491 | $70,690 | $21,770 |
Guarantor_and_NonGuarantor_Sup4
Guarantor and Non-Guarantor Supplemental Financial Information - Supplemental Condensed Consolidating Statements of Cash Flows (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | 12 Months Ended | ||||||||
In Thousands, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2010 |
Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | |
APX Group, Inc. [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | APX Group, Inc. [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Non-Guarantor Subsidiaries [Member] | Eliminations [Member] | Eliminations [Member] | |||||||
Cash flow from operating activities: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net cash provided by (used in) operating activities | ($25,243) | $139,671 | $399 | ($115) | ($22,272) | $105,177 | $326 | $34,609 | ($60,000) | $132,645 | $95,371 | ($36,842) | $33,321 | ' | $94,141 | $100,385 | ($47,002) | $27,583 | $38,504 | $43,330 | $13,962 | $21,540 | ($3,802) | ($15,802) |
Cash flow from investing activities: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Subscriber contract costs | -12,938 | -267,232 | ' | ' | -11,683 | -240,678 | -1,255 | -26,554 | ' | -241,742 | -263,731 | -203,577 | -163,713 | ' | -192,412 | -205,705 | -178,824 | -140,885 | -49,330 | -58,026 | -24,753 | -22,828 | ' | ' |
Capital expenditures | -1,456 | -5,788 | ' | ' | -1,333 | -5,764 | -123 | -24 | ' | -3,455 | -5,894 | -6,521 | -1,879 | ' | -3,187 | -5,231 | -6,516 | -1,834 | -268 | -663 | -5 | -45 | ' | ' |
Proceeds from the sale of capital assets | ' | 9 | ' | ' | ' | 9 | ' | ' | ' | 274 | 274 | 185 | ' | ' | 274 | 274 | 185 | ' | ' | ' | ' | ' | ' | ' |
Proceeds from the sale of subsidiary | ' | 144,750 | ' | 144,750 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of advances to related parties, net | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -15,802 | ' | ' | ' | ' | ' | 15,802 |
Investment in subsidiary | ' | ' | -67,626 | -178,077 | -3,696 | ' | ' | ' | 178,077 | ' | ' | ' | ' | -45,068 | ' | ' | ' | ' | ' | ' | ' | ' | 45,068 | ' |
Net cash used in acquisition | -1,915,473 | -4,272 | -1,915,473 | ' | ' | -4,272 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Other assets | -19,587 | -8,189 | ' | ' | -19,587 | -8,192 | ' | 3 | ' | -1,172 | -743 | 2,310 | -3,573 | ' | -1,154 | -725 | 2,315 | -1,709 | -18 | -18 | -5 | -1,864 | ' | ' |
Net cash used in investing activities | -1,949,454 | -140,722 | -1,983,099 | -33,327 | -36,299 | -258,897 | -1,378 | -26,575 | 178,077 | -246,095 | -270,094 | -207,603 | -169,165 | -45,068 | -196,479 | -211,387 | -182,840 | -160,230 | -49,616 | -58,707 | -24,763 | -24,737 | 45,068 | 15,802 |
Cash flow from financing activities: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from notes payable | 1,305,000 | 203,500 | 1,333,000 | 203,500 | ' | ' | ' | ' | ' | 116,163 | 116,163 | 187,500 | 62,500 | ' | 116,163 | 116,163 | 187,500 | 62,500 | ' | ' | 5,000 | ' | -5,000 | ' |
Proceeds from issuance of preferred stock and warrants | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,562 | 4,562 | 45,068 | ' | 45,068 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from the issuance of common stock in connection with acquisition of the predecessor | 708,453 | ' | 708,453 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from issuance of preferred stock by Solar | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,729 | 5,000 | 5,000 | ' | ' | ' | ' | ' | ' | 5,000 | 5,000 | 5,000 | ' | ' | ' |
Capital contributions-non-controlling interest | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,729 | 9,193 | 224 | ' | ' | ' | ' | ' | ' | 4,729 | 9,193 | 224 | ' | ' | ' |
Borrowings from revolving line of credit | 28,000 | 22,500 | ' | 22,500 | ' | ' | ' | ' | ' | 49,500 | 105,000 | 87,300 | 6,650 | ' | 47,000 | 101,000 | 87,300 | ' | 2,500 | 4,000 | ' | ' | ' | ' |
Intercompany receivable | ' | ' | ' | ' | ' | -9,451 | ' | ' | 9,451 | ' | ' | ' | ' | ' | -7,174 | -46,036 | ' | ' | ' | ' | ' | ' | ' | ' |
Intercompany payable | ' | ' | ' | ' | 63,112 | 178,077 | 4,514 | 9,451 | -187,528 | ' | ' | ' | ' | ' | 4,562 | ' | 36,266 | ' | 7,174 | 2,254 | ' | ' | -36,266 | ' |
Repayments on revolving line of credit | ' | -50,500 | ' | -50,500 | ' | ' | ' | ' | ' | -42,241 | -42,241 | -75,209 | 6,650 | ' | -42,241 | -42,241 | -75,209 | 6,650 | ' | ' | ' | ' | ' | ' |
Change in restricted cash | ' | ' | ' | ' | ' | ' | ' | ' | ' | 448 | -152 | -1,348 | 72,104 | ' | ' | ' | ' | 72,104 | 448 | -152 | -1,348 | ' | ' | ' |
Repayments of capital lease obligations | -353 | -5,208 | ' | ' | -353 | -5,208 | ' | ' | ' | -3,407 | -4,060 | -2,357 | -1,224 | ' | -3,407 | -4,060 | -2,357 | -1,224 | ' | ' | ' | ' | ' | ' |
Excess tax benefit from share-based payment awards | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,651 | ' | ' | ' | ' | 2,651 | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred financing costs | -58,354 | -5,429 | -58,354 | -5,429 | ' | ' | ' | ' | ' | -6,684 | -6,684 | -2,000 | -2,345 | ' | -5,720 | -5,720 | -2,000 | -2,345 | -964 | -964 | ' | ' | ' | ' |
Payment of dividends | ' | -60,000 | ' | -60,000 | ' | ' | ' | ' | 60,000 | -75 | -80 | ' | -1,000 | ' | ' | ' | ' | -1,000 | -75 | -80 | ' | ' | ' | ' |
Net cash (used in) provided by financing activities | 1,982,746 | 104,863 | 1,983,099 | 110,071 | 62,759 | 163,418 | 4,514 | 9,451 | -118,077 | 127,995 | 189,352 | 244,178 | 136,685 | 45,068 | 109,183 | 121,757 | 231,500 | 136,685 | 18,812 | 19,251 | 8,876 | ' | -41,266 | ' |
Effect of exchange rate changes on cash | 41 | -169 | ' | ' | ' | ' | 41 | -169 | ' | 161 | -251 | 247 | 1,708 | ' | ' | ' | ' | ' | 161 | -251 | 247 | 1,708 | ' | ' |
Net (decrease) increase in cash | 8,090 | 103,643 | 399 | 76,629 | 4,188 | 9,698 | 3,503 | 17,316 | ' | 14,706 | 14,378 | -20 | 2,549 | ' | 6,845 | 10,755 | 1,658 | 4,038 | 7,861 | 3,623 | -1,678 | -1,489 | ' | ' |
Beginning of period | ' | 8,090 | ' | 399 | ' | 4,188 | ' | 3,503 | ' | 3,680 | 3,680 | 3,700 | 1,151 | ' | 2,817 | 2,817 | 3,700 | -1,018 | 863 | 863 | 680 | 2,169 | ' | ' |
End of period | $8,090 | $111,733 | $399 | $77,028 | $4,188 | $13,886 | $3,503 | $20,819 | ' | $18,386 | $18,058 | $3,680 | $3,700 | ' | $9,662 | $13,572 | $2,817 | $3,700 | $8,724 | $4,486 | $863 | $680 | ' | ' |
Subsequent_Information_Additio
Subsequent Information - Additional Information (Detail) (USD $) | 9 Months Ended | 1 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Apr. 01, 2013 | Apr. 01, 2013 |
2GIG Sale [Member] | Subsequent Event [Member] | ||
2GIG Sale [Member] | |||
Subsequent Event [Line Items] | ' | ' | ' |
Aggregate cash consideration | $148,871 | $148,871 | $135,000,000 |
Supply agreement term | ' | ' | '5 years |
Basis_of_Presentation_and_Sign1
Basis of Presentation and Significant Accounting Policies - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 11 Months Ended | ||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Nov. 16, 2012 | Nov. 16, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Jun. 30, 2013 | Nov. 16, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Jun. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | |
6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | 8.75% Senior Notes due 2020 [Member] | Senior Secured Revolving Credit Facility [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | ||||
6.375% Senior Secured Notes due 2019 [Member] | 8.75% Senior Notes due 2020 [Member] | ||||||||||||||||||||
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
New senior secured notes issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | $10,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior secured notes issued | 1,508,385,000 | 1,333,000,000 | ' | 925,000,000 | 925,000,000 | 925,000,000 | 583,385,000 | 380,000,000 | 380,000,000 | ' | 1,333,000,000 | ' | ' | ' | 925,000,000 | 380,000,000 | ' | ' | ' | 623,741,000 | ' |
Debt instrument interest rate | ' | ' | ' | 6.38% | 6.38% | ' | 8.75% | 8.75% | ' | ' | ' | ' | ' | ' | 6.38% | 8.75% | ' | ' | ' | ' | ' |
Debt instrument maturity year | ' | ' | ' | 1-Dec-19 | 1-Dec-19 | ' | 1-Dec-20 | 1-Dec-20 | ' | ' | ' | ' | ' | ' | 1-Dec-19 | 1-Dec-20 | ' | ' | ' | ' | ' |
Deferred revenue recognition, declining balance method percentage | 150.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred revenue recognition, declining balance method period | '12 years | '12 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization percentage on subscriber contract costs | 150.00% | 150.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization duration of declining balance method | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '12 years | '12 years | ' | ' | ' | ' | '12 years | '12 years | ' | ' | ' |
Allowance for doubtful accounts | $2,560,000 | $2,301,000 | $1,903,000 | ' | ' | ' | ' | ' | ' | ' | $2,301,000 | $2,560,000 | $2,625,000 | $3,649,000 | ' | ' | $2,675,000 | $3,649,000 | $2,375,000 | $1,903,000 | $1,484,000 |
Basis_of_Presentation_and_Sign2
Basis of Presentation and Significant Accounting Policies - Schedule of Company's Allowance for Accounts Receivable (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2012 | Nov. 16, 2012 | Dec. 31, 2011 |
Successor [Member] | Successor [Member] | Successor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | Predecessor [Member] | ||||
Allowance For Doubtful Accounts Receivable [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beginning balance | $2,560,000 | $2,301,000 | $1,903,000 | $3,649,000 | $2,625,000 | $2,301,000 | $2,375,000 | $1,903,000 | $1,903,000 | $1,484,000 |
Bad debt expense | ' | ' | ' | 1,307,000 | 2,860,000 | 8,299,000 | 2,776,000 | 6,254,000 | 8,204,000 | 7,026,000 |
Write-offs and adjustments | ' | ' | ' | -2,655,000 | -2,925,000 | -8,040,000 | -2,476,000 | -5,482,000 | -6,458,000 | -6,607,000 |
Balance at end of period | $2,560,000 | $2,301,000 | $1,903,000 | $2,301,000 | $2,560,000 | $2,560,000 | $2,675,000 | $2,675,000 | $3,649,000 | $1,903,000 |
Divestiture_of_Subsidiary_Addi
Divestiture of Subsidiary - Additional Information (Detail) (USD $) | 9 Months Ended | 1 Months Ended | |
Sep. 30, 2013 | 31-May-13 | Apr. 01, 2013 | |
2GIG Sale [Member] | 2GIG Sale [Member] | ||
Schedule Of Sale And Divestiture Of Business [Line Items] | ' | ' | ' |
Adjusted net sale price | $148,871,000 | ' | $148,871,000 |
Outstanding borrowings under revolving credit facility | ' | ' | 44,000,000 |
Distribution of dividend from proceeds to stockholders | ' | $60,000,000 | ' |
Divestiture_of_Subsidiary_Summ
Divestiture of Subsidiary - Summary of Net Gain Recognized in Connection with Divestiture (Detail) (USD $) | 9 Months Ended | |
In Thousands, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 |
Schedule Of Sale And Divestiture Of Business [Line Items] | ' | ' |
Adjusted net sale price | $148,871 | ' |
2.0 technology, net of amortization | 882,733 | 1,053,019 |
Other | -9,855 | ' |
Net gain on divestiture | 47,122 | ' |
2GIG [Member] | ' | ' |
Schedule Of Sale And Divestiture Of Business [Line Items] | ' | ' |
2GIG assets (including cash of $3,383), net of liabilities | -108,797 | ' |
2.0 Technology [Member] | ' | ' |
Schedule Of Sale And Divestiture Of Business [Line Items] | ' | ' |
2.0 technology, net of amortization | $16,903 | ' |
Divestiture_of_Subsidiary_Summ1
Divestiture of Subsidiary - Summary of Net Gain Recognized in Connection with Divestiture (Parenthetical) (Detail) (USD $) | Dec. 31, 2011 | Sep. 30, 2013 |
In Thousands, unless otherwise specified | 2GIG [Member] | |
Schedule Of Sale And Divestiture Of Business [Line Items] | ' | ' |
Cash | $2,507 | $3,383 |
Equity_and_StockBased_Compensa7
Equity and Stock-Based Compensation - Schedule of Capital Stock (Parenthetical) (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
Equity [Abstract] | ' | ' |
Common stock, par value | $0.01 | $0.01 |