PROPERTY AND EQUIPMENT: (Tables)

12 Months Ended

Dec. 31, 2012

Buildings and improvements		10 - 30 years
Station equipment		5 - 10 years
Office furniture and equipment		5 - 10 years
Leasehold improvements		Lesser of 10 - 30 years or lease term
Automotive equipment		3 - 5 years
Property and equipment under capital leases		Lease term

Schedule of property and equipment stated at cost less accumulated depreciation

Property and equipment consisted of the following as of December 31, 2012 and 2011 (in thousands):

	2012			2011
Land and improvements	$	33,932		$	20,303
Real estate held for development and sale	56,419			55,517
Buildings and improvements	135,162			98,283
Station equipment	425,823			306,041
Office furniture and equipment	41,134			37,305
Leasehold improvements	18,362			14,495
Automotive equipment	20,634			12,578
Capital leased assets	79,126			79,259
Construction in progress	18,274			6,647
	828,866			630,428
Less: accumulated depreciation	(389,153		)	(348,907		)
	$	439,713		$	281,521

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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