Note 10 - Commitments and Contingencies

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies Disclosure [Text Block]

10.     Commitments and Contingencies

We have various contractual and other commitments requiring future payments. These commitments include amounts required to be paid to purchase equipment, under operating lease commitments for equipment, land and office space, and commitments for various syndicated television programs. Future minimum payments for these commitments as of December 31, 2014 are as follows (in thousands):

					Syndicated		Network
			Operating		Television		Affiliation
Year	Equipment		Leases		Programming		Agreements		Total
2015	$	443	$	2,092	$	3,601	$	73,351	$	79,487
2016		-		1,613		7,739		86,785		96,137
2017		-		1,283		1,969		102,993		106,245
2018		-		1,074		478		111,566		113,118
2019		-		913		265		40,171		41,349
Thereafter		-		2,395		350		-		2,745
Total	$	443	$	9,370	$	14,402	$	414,866	$	439,081

The amounts in the table above are estimates of commitments that are in addition to the liabilities accrued for on our consolidated balance sheet as of December 31, 2014.

Leases

We have no material capital leases. Where leases include rent holidays, rent escalations, rent concessions and leasehold improvement incentives, the value of these incentives are amortized over the lease term including anticipated renewal periods. Leasehold improvements are depreciated over the associated lease term including anticipated renewal periods. Rent expense resulting from operating leases for the years ended December 31, 2014, 2013 and 2012 were $2.2 million, $1.6 million and $1.5 million, respectively.

Legal Proceedings and Claims

We are subject to legal proceedings and claims that arise in the normal course of our business. In the opinion of management, the amount of ultimate liability, if any, with respect to these actions, will not materially affect our financial position, results of operations or cash flows, although legal proceedings are subject to inherent uncertainties, and unfavorable rulings or events could occur that could negatively affect us, possibly materially.