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Fair Value Measurements (Details 1) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Marketable equity securities $ 127,270 $ 487,156
Commercial paper 50,000 0
7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities:    
7.25% unsecured notes 468,000 475,200
Level 1 [Member]
   
Assets    
Money market investments 0 [1] 0 [1]
Marketable equity securities 127,270 [2] 487,156 [2]
Commercial paper 49,965 [3]  
Other current investments 5,348 [4] 11,826 [4]
Total Financial Assets 182,583 498,982
Liabilities:    
Deferred compensation plan liabilities 0 [5] 0 [5]
Interest rate swap 0 [6] 0 [6]
Total Financial Liabilities 0 0
Level 1 [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities:    
7.25% unsecured notes 0 [7] 0 [7]
Level 1 [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities:    
AUD Revolving credit borrowing 0 [7] 0 [7]
Level 2 [Member]
   
Assets    
Money market investments 287,714 [1] 431,836 [1]
Marketable equity securities 0 [2] 0 [2]
Commercial paper 0 [3]  
Other current investments 24,255 [4] 23,336 [4]
Total Financial Assets 311,969 455,172
Liabilities:    
Deferred compensation plan liabilities 66,485 [5] 67,603 [5]
Interest rate swap 405 [6] 1,047 [6]
Total Financial Liabilities 578,559 588,499
Level 2 [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities:    
7.25% unsecured notes 468,000 [7] 475,224 [7]
Level 2 [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities:    
AUD Revolving credit borrowing 43,669 [7] 44,625 [7]
Estimate of Fair Value Measurement [Member]
   
Assets    
Money market investments 287,714 [1] 431,836 [1]
Marketable equity securities 127,270 [2] 487,156 [2]
Commercial paper 49,965 [3]  
Other current investments 29,603 [4] 35,162 [4]
Total Financial Assets 494,552 954,154
Liabilities:    
Deferred compensation plan liabilities 66,485 [5] 67,603 [5]
Interest rate swap 405 [6] 1,047 [6]
Total Financial Liabilities 578,559 588,499
Estimate of Fair Value Measurement [Member] | 7.25% Unsecured Notes due February 1, 2019 [Member]
   
Liabilities:    
7.25% unsecured notes 468,000 [7] 475,224 [7]
Estimate of Fair Value Measurement [Member] | AUD $50 million portion of Revolver [Member]
   
Liabilities:    
AUD Revolving credit borrowing $ 43,669 [7] $ 44,625 [7]
[1] The Company’s money market investments are included in cash, cash equivalents and restricted cash.
[2] The Company’s investments in marketable equity securities are classified as available-for-sale.
[3] The Company's commercial paper investments with original maturities greater than 90 days, but less than one year, are included in investments in marketable equity securities and other investments.
[4] Includes U.S. Government Securities, corporate bonds, mutual funds and time deposits with original maturities greater than 90 days, but less than one year.
[5] Includes Graham Holdings Company's Deferred Compensation Plan and supplemental savings plan benefits under the Graham Holdings Company's Supplemental Executive Retirement Plan, which are included in accrued compensation and related benefits.
[6] Included in Other liabilities. The Company utilized a market approach model using the notional amount of the interest rate swap multiplied by the observable inputs of time to maturity and market interest rates.
[7] See Note 6 for carrying amount of these notes and borrowing.