Related Party Transactions

12 Months Ended

Dec. 31, 2012

Related Party Transactions [Abstract]

Related Party Transactions

Note 13. Related Party Transactions

In the normal course of business the Company has engaged in transactions with J. Mack Robinson, the majority shareholder of the Company, and his affiliates, including entities controlled by Mr. Robinson and his wife, a member of the Company's board of directors (the "Board"), for their benefit and the benefit of their children, including Robin R. Howell, a member of the Board and the wife of Hilton H. Howell, Jr., our president, chief executive officer and a member of the Board. These transactions include the leasing of office space as well as certain investing and financing activities.

The Company leases approximately 49,586 square feet of office and covered garage space from one such controlled entity. During the years ended December 31, 2012 and 2011, the Company paid $853 and $865, respectively, under this lease.

Certain financing for the Company has also been provided by this entity in the form of an investment in the Series D Preferred Stock (See Note 10).

Certain members of the Company's management are shareholders and on the Board of Directors of Gray Television, Inc. ("Gray"). At December 31, 2012 and 2011, the Company owned 388,060 shares of Gray Class A common stock and 106,000 shares of Gray common stock. The aggregate carrying value of these investments in Gray at December 31, 2012 and 2011 was $908 and $696, respectively.