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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets:    
Cash $ 66,070 $ 13,478
Accounts receivable, less allowance for doubtful accounts of $915 and $730, respectively 84,149 70,047
Deferred tax asset 34,112 34,113
Prepaid and other current assets 11,744 5,293
Total current assets 198,975 130,587
Property and equipment, net 191,448 143,621
Deferred loan costs, net 18,269 17,293
Broadcast licenses 936,806 838,982
Goodwill 320,127 184,409
Investment in broadcasting company 13,599 13,599
Other 2,943 3,289
Total assets (1) 1,723,139 [1] 1,334,424 [1]
Current liabilities:    
Accounts payable 2,778 2,256
Employee compensation and benefits 17,240 16,759
Accrued interest 13,649 12,703
Deferred revenue 6,461 2,522
Acquisition related liabilities 9,913 9,739
Current portion of long-term debt 5,453 224
Total current liabilities 69,600 63,085
Other accrued expenses 5,831 5,158
Federal and state income taxes 1,232 1,550
Long-term debt, less current portion 1,202,845 842,650
Deferred income taxes 241,592 225,407
Accrued pension costs 27,300 26,925
Other 768 827
Total liabilities (1) 1,543,488 [1] 1,160,414 [1]
Stockholders’ equity:    
Common stock 485,118 483,055
Accumulated deficit (248,132) (251,000)
Accumulated other comprehensive loss, net of income tax benefit (10,409) (10,409)
242,899 236,967
Treasury stock (40,850) (40,559)
Total stockholders’ equity 179,651 174,010
Total liabilities and stockholders’ equity 1,723,139 1,334,424
Common Class A [Member]
   
Stockholders’ equity:    
Common stock 16,322 15,321
Treasury stock (22,398) (22,398)
Syndicated Program Film Rights Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net 2,900 7,656
Current liabilities:    
Program broadcast rights and obligations (2,900) (7,656)
Network Programming Obligations Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (3,895) (2,467)
Current liabilities:    
Program broadcast rights and obligations 3,895 2,467
Syndicated Program Film Obligations Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (3,148) (9,707)
Current liabilities:    
Program broadcast rights and obligations 3,148 9,707
Syndicated Program Film Obligations Current Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (1,383) (1,520)
Current liabilities:    
Program broadcast rights and obligations 1,383 1,520
Other Intangible Assets [Member]
   
Current assets:    
Other intangible assets, net $ 40,972 $ 2,644
[1] Our consolidated total assets as of June 30, 2014 and December 31, 2013 included total assets of $6.4 million and $6.8 million, respectively, of a variable interest entity ("VIE"). These assets can only be used to settle the obligations of the VIE. Our consolidated total liabilities as of June 30, 2014 and December 31, 2013 included total liabilities of $3.0 million and $3.1 million, respectively, of the VIE. As of June 30, 2014 and December 31, 2013, the creditors of the VIE had recourse against Gray for $2.9 million and $3.0 million of these liabilities, respectively.