SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)

3 Months Ended

Mar. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Schedule of carrying amounts and classification of assets and liabilities of VIEs

As of the dates indicated, the carrying amounts and classification of the assets and liabilities of the VIEs mentioned above which have been included in our consolidated balance sheets as of March 31, 2013 and 2012 were as follows (in thousands):

	As of March 31, 2013		As of December 31,  2012
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	3,005	$	3,805
Accounts receivable	124		110
Income taxes receivable	166		94
Current portion of program contract costs	5,566		6,113
Prepaid expenses and other current assets	101		124
Total current asset	8,962		10,246
PROGRAM CONTRACT COSTS, less current portion	1,409		1,484
PROPERTY AND EQUIPMENT, net	8,330		10,806
GOODWILL	6,357		6,357
BROADCAST LICENSES	15,492		14,927
DEFINITE-LIVED INTANGIBLE ASSETS, net	58,603		51,368
OTHER ASSETS	13,848		12,723
Total assets	$	113,001	$	107,911
LIABILITIES
CURRENT LIABILITIES:
Accounts payable	$	15	$	15
Accrued liabilities	256		186
Current portion of notes payable, capital leases and commercial bank financing	2,728		2,123
Current portion of program contracts payable	8,337		8,991
Total current liabilities	11,336		11,315
LONG-TERM LIABILITIES:
Notes payable, capital leases and commercial bank financing, less current portion	24,954		20,238
Program contracts payable, less current portion	2,018		2,080
Total liabilities	$	38,308	$	33,633

Schedule of carrying amounts of investment in VIEs for which the entity is not the primary beneficiary

The carrying amounts of our investments in these VIEs for which we are not the primary beneficiary for the periods presented (in thousands):

	As of March 31, 2013				As of December  31, 2012
	Carrying  amount		Maximum  exposure		Carrying  amount		Maximum  exposure
Investments in real estate ventures	$	3,621	$	3,621	$	3,648	$	3,648
Investments in investment companies	28,282		28,282		27,335		27,335
Total	$	31,903	$	31,903	$	30,983	$	30,983