DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE (Tables)

3 Months Ended

Mar. 31, 2013

DISCONTINUED OPERATIONS AND ASSETS AND LIABILITIES HELD FOR SALE [Abstract]

Operating Results Information for Discontinued Operations

Operating results of discontinued operations for the three months ended March 31, 2013 and 2012 are summarized below:

	Three Months Ended March 31, 2013
	Bresnan Cable			Other			Total
Revenues, net	$	130,282		$	-		$	130,282
Income (loss) before income taxes	$	776		$	(314	)	$	462
Income tax benefit (expense)		(339	)		129			(210	)
Income (loss) from discontinued operations, net of income taxes	$	437		$	(185	)	$	252

	Three Months Ended March 31, 2012
	Bresnan Cable
Revenues, net	$	123,532
Loss before income taxes	$	(12,237	)
Income tax benefit		4,977
Loss from discontinued operations, net of income taxes	$	(7,260	)

Bresnan Cable's results of operations reported on a stand-alone basis differ from results presented above due to certain reclassifications and adjustments made for purposes of discontinued operations reporting.

The assets and liabilities of Bresnan Cable have been classified in the consolidated balance sheets as of March 31, 2013 and December 31, 2012 as assets and liabilities held for sale and consist of the following:

	March 31, 2013		December 31, 2012
Cash and cash equivalents	$	35,245	$	31,670
Accounts receivable, prepaid expenses and other current assets		14,107		14,486
Accounts receivable from affiliates		-		1,881
Deferred tax asset		1,541		1,766
		50,893		49,803
Property and equipment, net		405,496		418,884
Amortizable intangible assets		123,064		131,305
Indefinite-lived intangible assets		512,612		512,612
Goodwill		167,736		167,736
Other assets		18,765		20,065
		1,227,673		1,250,602
Total assets held for sale	$	1,278,566	$	1,300,405

Accounts payable and accrued expenses	$	59,058	$	51,948
Credit facility debt(a)		7,292		7,650
Other current liabilities		5,505		5,255
Accounts payable to affiliates		9,910		2,506
		81,765		67,359
Credit facility debt(a)		700,403		736,455
Senior notes(a)		250,000		250,000
Deferred tax liability		73,191		71,483
Other long-term liabilities		4,125		4,092
		1,027,719		1,062,030
Total liabilities held for sale	$	1,109,484	$	1,129,389

(a) The credit facility debt will be repaid from the proceeds of the Bresnan Sale and the amount of the senior notes outstanding on the closing date of the Bresnan Sale will reduce the sale proceeds.