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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash $ 79,807 $ 13,478
Accounts receivable, less allowance for doubtful accounts of $707 and $730, respectively 95,934 70,047
Deferred tax asset 34,112 34,113
Prepaid and other current assets 11,129 5,293
Total current assets 233,749 130,587
Property and equipment, net 217,146 143,621
Deferred loan costs, net 19,489 17,293
Broadcast licenses 1,023,491 838,982
Goodwill 371,995 184,409
Investment in broadcasting company 13,599 13,599
Other 3,956 3,289
Total assets (1) 1,931,839 [1] 1,334,424 [1]
Current liabilities:    
Accounts payable 5,297 2,256
Employee compensation and benefits 21,189 16,759
Accrued interest 30,459 12,703
Deferred revenue 12,095 2,522
Acquisition related liabilities 9,978 9,739
Current portion of long-term debt 6,453 224
Total current liabilities 113,712 63,085
Other accrued expenses 8,407 5,158
Federal and state income taxes 1,665 1,550
Long-term debt, less current portion 1,300,017 842,650
Deferred income taxes 293,488 225,407
Accrued pension costs 26,823 26,925
Other 930 827
Total liabilities (1) 1,737,262 [1] 1,160,414 [1]
Stockholders’ equity:    
Common stock 485,717 483,055
Accumulated deficit (234,192) (251,000)
Accumulated other comprehensive loss, net of income tax benefit (10,409) (10,409)
257,825 236,967
Treasury stock (40,850) (40,559)
Total stockholders’ equity 194,577 174,010
Total liabilities and stockholders’ equity 1,931,839 1,334,424
Common Class A [Member]
   
Stockholders’ equity:    
Common stock 16,709 15,321
Treasury stock (22,398) (22,398)
Syndicated Program Film Rights Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net 12,767 7,656
Current liabilities:    
Program broadcast rights and obligations (12,767) (7,656)
Network Programming Obligations Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (5,068) (2,467)
Current liabilities:    
Program broadcast rights and obligations 5,068 2,467
Syndicated Program Film Obligations Current Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (13,101) (9,707)
Current liabilities:    
Program broadcast rights and obligations 13,101 9,707
Syndicated Program Film Obligations Non-Current [Member]
   
Current assets:    
Current portion of program broadcast rights, net (2,292) (1,520)
Current liabilities:    
Program broadcast rights and obligations 2,292 1,520
Other Intangible Assets [Member]
   
Current assets:    
Other intangible assets, net $ 48,414 $ 2,644
[1] Our consolidated total assets as of September 30, 2014 and December 31, 2013 included total assets of $6.2 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 September 30, 2014 and December 31, 2013 included total liabilities of $3.0 million and $3.1 million, respectively, of the VIE. As of September 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.