PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2011

7. PROPERTY AND EQUIPMENT, NET

Property and equipment as of December 31, 2010 and 2011 comprise the following:

			December 31,

	Useful life, years		December 31,
	Useful life, years		2010			2011
Cost:
Broadcasting equipment		7	$	36,323		$	45,611
Buildings		10-25		10,002			9,925
Office equipment		3		8,810			9,782
Leasehold improvements		10		3,940			9,315
Vehicles		5		1,044			710
Construction in progress				13,859			1,063

Total cost			$	73,978		$	76,406
Accumulated depreciation				(29,829	)		(30,107	)

Net book value			$	44,149		$	46,299

Depreciation expense was $4,861, $5,470 and $7,624 in 2009, 2010 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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