Summary of Significant Accounting Policies (Details) (USD $)
In Millions, except Share data, unless otherwise specified |
0 Months Ended | 12 Months Ended | ||
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Aug. 27, 2014
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2012
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Period accounts receivable are generally due | 30 days | |||
Allowance for doubtful accounts | $ 7us-gaap_AllowanceForDoubtfulAccountsReceivable | $ 4us-gaap_AllowanceForDoubtfulAccountsReceivable | ||
Inventory valuation allowance | 3us-gaap_InventoryValuationReserves | 2us-gaap_InventoryValuationReserves | ||
Inventory written down | 3us-gaap_InventoryWriteDown | 3us-gaap_InventoryWriteDown | ||
Previously Reserved Inventory | 4ltrpa_PreviouslyReservedInventory | |||
Maximum invested cash maturity period | 18 months | |||
Maximum security maturity period | 3 years | |||
Total property and equipment | 187us-gaap_PropertyPlantAndEquipmentGross | 55us-gaap_PropertyPlantAndEquipmentGross | ||
Foreign currency exchange loss | 10.0us-gaap_ForeignCurrencyTransactionGainLossRealized | 0us-gaap_ForeignCurrencyTransactionGainLossRealized | ||
Sales returns and allowance | 2us-gaap_SalesReturnsAndAllowancesGoods | 3us-gaap_SalesReturnsAndAllowancesGoods | 4us-gaap_SalesReturnsAndAllowancesGoods | |
Advertising expense | 357us-gaap_AdvertisingExpense | 251us-gaap_AdvertisingExpense | 32us-gaap_AdvertisingExpense | |
Stock-based compensation | 74us-gaap_AllocatedShareBasedCompensationExpense | 60us-gaap_AllocatedShareBasedCompensationExpense | ||
Deferred merchant payables | 93ltrpa_Ltrpa_DeferredMerchantPayables | 30ltrpa_Ltrpa_DeferredMerchantPayables | ||
Payable balance acquired with business acquisition | 76ltrpa_Ltrpa_BusinessCombinationAcquiredCustomerAdvances | |||
Trade and other receivables, net | 153us-gaap_ReceivablesNetCurrent | 122us-gaap_ReceivablesNetCurrent | ||
Service And Other Revenue | 1,246ltrpa_ServiceAndOtherRevenue | 945ltrpa_ServiceAndOtherRevenue | 36ltrpa_ServiceAndOtherRevenue | |
Pro Forma Earnings per Share (EPS) | ||||
Common stock shares issued | 73,685,924us-gaap_StockIssuedDuringPeriodSharesNewIssues | |||
Basic EPS (In Shares) | 74,000,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic | |||
Diluted EPS (In Shares) | 74,000,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding | |||
Previously Reported | ||||
Revenue from Expedia |
217ltrpa_RevenueFromRelatedParty / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember |
8ltrpa_RevenueFromRelatedParty / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember |
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Adjustment | ||||
Trade and other receivables, net |
16us-gaap_ReceivablesNetCurrent / us-gaap_StatementScenarioAxis = us-gaap_ScenarioAdjustmentMember |
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Revenue | Customer | Expedia and Priceline | ||||
Customer concentration (as a percent) |
46.00%us-gaap_ConcentrationRiskPercentage1 / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = us-gaap_CustomerConcentrationRiskMember / us-gaap_MajorCustomersAxis = ltrpa_ExpediaAndPricelineMember |
47.00%us-gaap_ConcentrationRiskPercentage1 / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_SalesRevenueNetMember / us-gaap_ConcentrationRiskByTypeAxis = us-gaap_CustomerConcentrationRiskMember / us-gaap_MajorCustomersAxis = ltrpa_ExpediaAndPricelineMember |
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Accounts Receivable | Customer | Expedia | ||||
Customer concentration (as a percent) |
15.00%us-gaap_ConcentrationRiskPercentage1 / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_AccountsReceivableMember / us-gaap_ConcentrationRiskByTypeAxis = us-gaap_CustomerConcentrationRiskMember / us-gaap_MajorCustomersAxis = ltrpa_ExpediaMember |
14.00%us-gaap_ConcentrationRiskPercentage1 / us-gaap_ConcentrationRiskByBenchmarkAxis = us-gaap_AccountsReceivableMember / us-gaap_ConcentrationRiskByTypeAxis = us-gaap_CustomerConcentrationRiskMember / us-gaap_MajorCustomersAxis = ltrpa_ExpediaMember |
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Operating expense | ||||
Stock-based compensation |
32us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_OperatingExpenseMember |
26us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_OperatingExpenseMember |
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Selling, general and administrative | ||||
Stock-based compensation |
42us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_SellingGeneralAndAdministrativeExpensesMember |
34us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_SellingGeneralAndAdministrativeExpensesMember |
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Furniture and other equipment | ||||
Total property and equipment |
14us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_FurnitureAndFixturesMember |
10us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_FurnitureAndFixturesMember |
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Computer equipment | ||||
Total property and equipment |
50us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_ComputerEquipmentMember |
26us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_ComputerEquipmentMember |
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Leasehold improvements | ||||
Total property and equipment |
34us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_LeaseholdImprovementsMember |
13us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_LeaseholdImprovementsMember |
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Construction in progess | ||||
Total property and equipment |
$ 89us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_ConstructionInProgressMember |
$ 6us-gaap_PropertyPlantAndEquipmentGross / us-gaap_PropertyPlantAndEquipmentByTypeAxis = us-gaap_ConstructionInProgressMember |
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Computer equipment, equipment and furniture and other equipment | Minimum | ||||
Property estimated useful life | 3 years | |||
Computer equipment, equipment and furniture and other equipment | Maximum | ||||
Property estimated useful life | 5 years |
X | ||||||||||
- Definition
Represents the weighted average maturity period for invested cash. No definition available.
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Business combination acquired customer advances. No definition available.
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Cash, net of commissions, received by travelers at time of booking that is due to hotels and vacation rental owners after the traveler's use. No definition available.
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Represents the period of time that accounts receivable are generally due, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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Previously reserved inventory that was sold. No definition available.
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The amount of revenue recognized from a related party. No definition available.
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Represents the maximum maturity period for a security. No definition available.
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Represents information pertaining to service and other revenue. No definition available.
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Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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For an unclassified balance sheet, a valuation allowance for receivables due a company that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before tax of foreign currency transaction realized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount of valuation reserve for inventory. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
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The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Total deduction from sales during the period arising from goods returned by customers (other than under warranty provisions) and price reductions (allowance, price protection agreements) given by the entity. Returns and allowances are a deduction from gross revenue in arriving at net revenue. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of new stock issued during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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