SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)

3 Months Ended

Mar. 31, 2014

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:

Schedule of classes of assets and liabilities of reported as held for sale and included in other current assets and other current liabilities on accompanying condensed consolidated balance sheet

	March 31, 2014
Assets:
Accounts receivable	$	5,701
Program contract costs	1,902
Other current assets	302
Property and equipment	11,798
Goodwill	42,153
Broadcast licenses	3,583
Definite-lived intangible assets	32,470
Assets held for sale	$	97,909
Liabilities:
Accounts payable and accrued liabilities	$	1,272
Program contracts payable	2,912
Capital leases payable	5,640
Other liabilities	511
Liabilities held for sale	$	10,335

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 for the periods presented (in thousands):

	March 31, 2014		December 31, 2013
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	7,401	$	4,916
Accounts receivable	17,833		18,468
Current portion of program contract costs	8,111		10,725
Prepaid expenses and other current assets	467		247
Assets held for sale	3,944		—
Total current assets	37,756		34,356

PROGRAM CONTRACT COSTS, less current portion	4,883		5,075
PROPERTY AND EQUIPMENT, net	10,579		11,081
GOODWILL	6,357		6,357
BROADCAST LICENSES	14,828		16,768
DEFINITE-LIVED INTANGIBLE ASSETS, net	93,975		97,496
OTHER ASSETS	23,988		22,935
Total assets	$	192,366	$	194,068

LIABILITIES
CURRENT LIABILITIES:
Accounts payable	$	—	$	86
Accrued liabilities	1,990		2,536
Current portion of notes payable, capital leases and commercial bank financing	5,731		5,731
Current portion of program contracts payable	8,103		11,552
Total current liabilities	15,824		19,905

LONG-TERM LIABILITIES:
Notes payable, capital leases and commercial bank financing, less current portion	48,392		49,850
Program contracts payable, less current portion	5,326		6,597
Long term liabilities	10,563		10,838
Total liabilities	$	80,105	$	87,190

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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