LONG-TERM DEBT (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Schedule Of Long Term Debt [Table Text Block]

Long-term debt consists of the following:

	March 31, 2015		December 31, 2014
	(Unaudited)
	(In thousands)
Senior bank term debt	$	367,575	$	368,532
9.25% Senior Subordinated Notes due February 2020		335,000		335,000
10% Senior Secured TV One Notes due March 2016		119,000		119,000
Total debt		821,575		822,532
Less: current portion of long-term debt		484,776		3,829
Less: current portion of original issue discount		1,799		—
Less: long-term portion of original issue discount		—		2,227
Long-term debt, net	$	335,000	$	816,476

Schedule of Ratios Calculated in Accordance with Credit Agreement [Table Text Block]

As of March 31, 2015, ratios calculated in accordance with the 2011 Credit Agreement, as amended, were as follows:

	As of  March  31, 2015			Covenant  Limit			Excess  Coverage
Pro Forma Last Twelve Months Covenant EBITDA (In millions)	$	96.2
Pro Forma Last Twelve Months Interest Expense (In millions)	$	60.6
Senior Debt (In millions)	$	333.6
Total Debt (In millions)	$	668.6
Interest Coverage
Covenant EBITDA / Interest Expense		1.59	x		1.25	x		0.34	x
Senior Secured Leverage
Senior Secured Debt / Covenant EBITDA		3.47	x		4.25	x		0.78	x
Total Leverage
Total Debt / Covenant EBITDA		6.95	x		8.00	x		1.05	x
EBITDA - Earnings before interest, taxes, depreciation and amortization

Schedule of Maturities of Long-term Debt [Table Text Block]

Future scheduled minimum principal payments of debt as of March 31, 2015, are as follows:

	Credit Facility		Senior Subordinated Notes due 2020		TV One Senior Secured Notes		Total
April – December 2015	$	2,872	$	—	$	—	$	2,872
2016		364,703		—		119,000		483,703
2017		—		—				—
2018		—		—		—		—
2019		—		—		—		—
2020		—		335,000		—		335,000
Total Debt	$	367,575	$	335,000	$	119,000	$	821,575