Property and Equipment

9 Months Ended

Sep. 30, 2011

Property, Plant and Equipment Disclosure [Text Block]

Property and Equipment

Property and equipment is recorded at cost and is summarized as follows:



	September 30, 2011		December 31, 2010
Land, buildings and improvements	$	8,621	$	7,871
Recording, broadcasting and studio equipment	14,224		16,049
Furniture, computers, equipment and other	7,659		6,248
	30,504		30,168
Less: Accumulated depreciation and amortization	7,424		6,666
Property and equipment, net	$	23,080	$	23,502

Depreciation expense was $845 and $938 for the three month periods ended September 30, 2011 and 2010, respectively, and $2,674 and $2,727, for the nine month periods ended September 30, 2011 and 2010, 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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