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Intangible Assets
12 Months Ended
Dec. 31, 2011
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible Assets

Intangible assets by asset type and estimated life as of December 31, 2011 and 2010 are as follows:
 
 
 
As of December 31, 2011
 
As of December 31, 2010
 
Estimated
Life
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
 
Gross
Carrying
Value
 
Accumulated
Amortization
 
Net
Carrying
Value
Advertiser and producer relationships
15 years
 
103,901

 
(26,653
)
 
77,248

 
103,901

 
(19,726
)
 
84,175

Affiliate service agreements
10 years
 
65,745

 
(1,271
)
 
64,474

 

 

 

Trade names
4 to 5 years
 
1,780

 
(1,415
)
 
365

 
1,780

 
(1,051
)
 
729

Customer relationships
4 years
 
400

 
(150
)
 
250

 
400

 
(50
)
 
350

Technology
8 years
 
410

 
(77
)
 
333

 
410

 
(26
)
 
384

Beneficial lease interests
7 years
 
1,200

 
(724
)
 
476

 
1,200

 
(549
)
 
651

Non-compete agreements
4 years
 

 

 

 
1,700

 
(1,346
)
 
354

Insertion orders
1 year
 
3,432

 
(663
)
 
2,769

 

 

 

 
 
 
$
176,868

 
$
(30,953
)
 
$
145,915

 
$
109,391

 
$
(22,748
)
 
$
86,643

The changes in the carrying amount of intangible assets for the years ended December 31, 2011 and 2010 are as follows:
Balance at January 1, 2010
$
93,630

Additions - Radio Voodoo acquisition
960

Amortization
(7,947
)
Balance at December 31, 2010
86,643

Additions - Westwood acquisition
69,177

Amortization
(9,905
)
Balance at December 31, 2011
$
145,915


Amortization expense included in continuing operations for the years ended December 31, 2011 and 2010 is $9,905 and $7,947, respectively.

Amortization expense for the next five years and thereafter is as follows:
Year Ending December 31:
 
2012
$
16,905

2013
13,865

2014
13,747

2015
13,552

2016
13,552

2017 and thereafter
74,294

Total amortization expense
$
145,915