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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Feb. 29, 2012
Feb. 28, 2011
Feb. 28, 2010
Consolidated Statements of Operations [Abstract]      
NET REVENUES $ 236,007 $ 250,756 $ 242,102
OPERATING EXPENSES:      
Station operating expenses excluding depreciation and amortization expense of $8,848, $8,023 and $6,258 respectively 194,305 199,855 206,059
Corporate expenses excluding depreciation and amortization expense of $1,493, $1,301 and $1,390 respectively 19,096 15,710 13,634
Restructuring charge     3,350
Impairment loss on intangible assets   7,005 174,642
Depreciation and amortization 7,648 9,324 10,341
(Gain) loss on disposal of assets 820 3 (127)
Total operating expenses 221,869 231,897 407,899
OPERATING INCOME (LOSS) 14,138 18,859 (165,797)
OTHER INCOME (EXPENSE):      
Interest expense (28,844) (21,099) (24,820)
Gain (loss) on debt extinguishment (2,006)   31,362
Gain on sale of controlling interest in Merlin Media LLC 31,865    
Other income (expense), net (15,739) (469) 170
Total other income (expense) (14,724) (21,568) 6,712
LOSS BEFORE INCOME TAXES AND DISCONTINUED OPERATIONS (586) (2,709) (159,085)
(BENEFIT) PROVISION FOR INCOME TAXES (27,472) 6,304 (39,952)
GAIN (LOSS) FROM CONTINUING OPERATIONS 26,886 (9,013) (119,133)
(GAIN) LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX 3,842 (2,526) 641
CONSOLIDATED NET INCOME (LOSS) 30,728 (11,539) (118,492)
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS 4,535 4,019 4,162
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 26,193 (15,558) (122,654)
GAIN ON EXTINGUISHMENT OF PREFERRED STOCK 61,892    
PREFERRED STOCK DIVIDENDS (8,591) (9,711) (9,123)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS 79,494 (25,269) (131,777)
Amounts attributable to common shareholders for basic earnings per share:      
Continuing operations 75,604 (23,212) (132,020)
Discontinued operations 3,890 (2,057) 243
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS 79,494 (25,269) (131,777)
Amounts attributable to common shareholders for diluted earnings per share:      
Continuing operations 22,303 (23,212) (132,020)
Discontinued operations 3,890 (2,057) 243
Net income (loss) attributable to common shareholders $ 26,193 $ (25,269) $ (131,777)
Basic net income (loss) per share attributable to common shareholders:      
Continuing operations $ 1.97 $ (0.61) $ (3.56)
Discontinued operations, net of tax $ 0.11 $ (0.06)  
Net income (loss) attributable to common shareholders $ 2.08 $ (0.67) $ (3.56)
Basic weighted average common shares outstanding 38,293 37,863 37,041
Diluted net income (loss) per share attributable to common shareholders:      
Continuing operations $ 0.50 $ (0.61) $ (3.56)
Discontinued operations, net of tax $ 0.08 $ (0.06)  
Net income (loss) attributable to common shareholders $ 0.58 $ (0.67) $ (3.56)
Diluted weighted average common shares outstanding 44,953 37,863 37,041