DISPOSITION OF ASSETS AND DISCONTINUED OPERATIONS:

12 Months Ended

Dec. 31, 2012

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

3.  DISPOSITION OF ASSETS AND DISCONTINUED OPERATIONS:

Boston Station: As of June 2011, our remaining Boston radio station was made the subject of an LMA.

Columbus: As of November 2012, our Columbus, Ohio radio station operating under the call letters WJKR was made the subject of an LMA and was subsequently sold as of February 15, 2013. (See Note 20 – Subsequent Events.)

The following table summarizes the operating results for the stations that we do not operate that are the subject of an LMA and classified as discontinued operations for all periods presented:

	For the Years Ended December 31,
	2012			2011			2010
	(In thousands)
Net revenue	$	257		$	432		$	608
Operating expenses		(685	)		(749	)		(816	)
Depreciation and amortization		(62	)		(73	)		(56	)
Interest income		353			210			—
Gain (loss) on sale of assets		—			20			(12	)
Loss before income taxes		(137	)		(160	)		(276	)
Loss from discontinued operations, net of tax	$	(137	)	$	(160	)	$	(276	)

The assets and liabilities of the stations that we do not operate that are the subject of an LMA are classified as discontinued operations in the accompanying consolidated balance sheets and consisted of the following:

	As of December 31,
	2012		2011
	(In thousands)
Currents assets:
Accounts receivable, net of allowance for doubtful accounts	$	127	$	134
Total current assets		127		134
Property and equipment, net		264		344
Intangible assets, net		4,302		4,302
Total assets	$	4,693	$	4,780
Current liabilities:
Other current liabilities	$	107	$	271
Total current liabilities		107		271
Long-term liabilities		23		31
Total liabilities	$	130	$	302