Income Taxes	6 Months Ended
Aug. 31, 2015
Income Taxes [Abstract]
Income Tax Disclosure [Text Block]	Income Taxes Our effective income tax rate was 40% for the six months ended August 31, 2014. Our effective tax rate was higher than our estimated annual effective tax rate of 34% as a discrete expense of $0.9 million was recorded during the period. This expense related to the effect of increasing our statutory rate by 1% on existing deferred tax liabilities due to changes in state tax laws and the effect of the WBLS-FM and WLIB-AM LMA and related acquisition on our income apportionments. This discrete expense is partially offset during the six months ended August 31, 2014 by a discrete benefit of $0.6 million related to the loss on debt extinguishment the Company recorded during the period. Our effective income tax rate was 20% for the six months ended August 31, 2015. The Company recorded a valuation allowance for its net deferred tax assets generated during the period, including its net operating loss carryforwards, but excluding deferred tax liabilities related to indefinite-lived intangibles.

Income Taxes

6 Months Ended

Aug. 31, 2015

Income Taxes

Our effective income tax rate was 40% for the six months ended August 31, 2014. Our effective tax rate was higher than our estimated annual effective tax rate of 34% as a discrete expense of $0.9 million was recorded during the period. This expense related to the effect of increasing our statutory rate by 1% on existing deferred tax liabilities due to changes in state tax laws and the effect of the WBLS-FM and WLIB-AM LMA and related acquisition on our income apportionments. This discrete expense is partially offset during the six months ended August 31, 2014 by a discrete benefit of $0.6 million related to the loss on debt extinguishment the Company recorded during the period.

Our effective income tax rate was 20% for the six months ended August 31, 2015. The Company recorded a valuation allowance for its net deferred tax assets generated during the period, including its net operating loss carryforwards, but excluding deferred tax liabilities related to indefinite-lived intangibles.