INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2012

INCOME TAXES [Abstract]

Benefit from income taxes

The benefit from income taxes consisted of the following:

	Years Ended December 31,
		2012		2011		2010
Current tax (benefit):
Federal		$	—	$	—	$	—
State and local			—		—		—
Foreign			—		—		—
		$	—	$	—	$	—
Deferred tax (benefit):
Federal			—		—		—
State and local			—		—		—
Foreign			—		—		—
			—		—		—
Benefit from income taxes		$	—	$	—	$	—

Domestic and foreign components of pre-tax loss (including discontinued operations)

The domestic and foreign components of pre-tax income (loss), including discontinued operations, are as follows:

	Years Ended December 31,
	2012			2011			2010
Domestic	$	11,425		$	(15,790	)	$	(29,370	)
Foreign		(1,882	)		(1,294	)		(2,270	)
Pre-tax income (loss)	$	9,543		$	(17,084	)	$	(31,640	)

	Years Ended December 31,
	2012			% of Pretax			2011			% of Pretax			2010			% of Pretax
Tax at Federal statutory rate	$	3,340			35.0	%	$	(5,979	)		(35.0	)%	$	(11,074	)		(35.0	)%
Increase (decrease) in:
Valuation allowances		3,179			33.3	)		6,353			37.2			12,564			39.7
Capital loss carryforward		(7,086	)		(74.2	)		—			—			—			—
Permanent differences		11			0.1			16			0.1			10			—
State and local taxes - net		556			5.8			(390	)		(2.3	)		(1,500	)		(4.7	)
Income tax (benefit) provision	$	—			—	%	$	—			—	%	$	—			—	%

Components of the net deferred tax assets (liabilities)

The components of the net deferred tax assets (liabilities) are as follows:

	December 31,
	2012			2011
Deferred Tax Assets:
Investments	$	—		$	4,939
Film and television costs		—			672
Accounts receivable allowances		87			109
Net operating loss carryforwards		48,046			44,018
Capital loss carryforwards		2,428			4,575
Restricted stock/Stock options		—			1,923
Contributions		102			100
Deferred rent		—			187
Property and equipment		48			759
Gross deferred tax assets	$	50,711		$	57,282
Valuation allowance	$	(50,711	)	$	(57,282	)
Net deferred tax asset	$	—		$	—

Reconciliation of activity for deferred tax asset valuation allowance

A reconciliation of activity for the Company's deferred tax asset valuation allowance is provided as follows:

	Years Ended December 31,
		2012			2011		2010
Beginning balance		$	57,282		$	51,046	$	43,500
Additions (reductions) to provision			(6,571	)		6,236		10,490
Credit to accumulated other comprehensive loss			—			—		(2,944	)
		$	50,711		$	57,282	$	51,046

Expiration terms and amounts of loss and credit carryforwards reflected in the gross deferred tax assets

The expiration terms and amounts for which an allowance has been provided with respect to the loss and credit carryforwards reflected in the gross deferred tax assets above are comprised as follows:

Loss Carryforwards	Expiration		Gross Amount
Federal	2031		$	115,642
State and local		2016-2031		128,007
Capital Loss Carryforwards
Federal		2015	$	6,072
State and local		2015		6,072