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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Current assets:    
Cash and cash equivalents $ 64,984 $ 55,140
Receivables, net of allowance for doubtful accounts of $941 in 2011 and $813 in 2010 23,767 26,160
Prepaid expenses and other current assets 2,303 3,219
Total current assets 91,054 84,519
Property and equipment, net of accumulated depreciation of $55360 in 2011 and $52,819 in 2010 39,426 40,006
FCC broadcasting licenses 312,623 312,623
Goodwill 32,806 32,806
Other intangible assets, net of accumulated amortization of $268 in 2011 and $250 in 2010 1,166 1,184
Deferred financing costs, net of accumulated amortization of $6613 in 2011 and $6,088 in 2010 988 1,514
Other assets 3,711 2,167
Total assets 481,774 474,819
Current liabilities:    
Accounts payable and accrued expenses 19,416 17,980
Accrued interest 2,055 4,057
Unearned revenue 1,103 745
Other liabilities 680 750
Current portion of the senior credit facility term loan due 2012 304,688 3,250
Current portion of other long-term debt 425 416
Series B cumulative exchangeable redeemable preferred stock dividends payable 16,959 14,478
Total current liabilities 345,326 41,676
Other liabilities, less current portion 702 985
Derivative instruments 813 829
Senior credit facility term loan due 2012, less current portion 0 303,063
Other long-term debt, less current portion 6,107 6,180
Deferred income taxes 81,136 78,247
Total liabilities 434,084 430,980
Commitments and contingencies (note 7)    
Stockholders' deficit:    
Additional paid-in capital 525,250 525,205
Accumulated other comprehensive loss (813) (829)
Accumulated deficit (569,100) (572,890)
Total stockholders' deficit (44,659) (48,510)
Total liabilities and stockholders' deficit 481,774 474,819
Series B Preferred Stock [Member]
   
Cumulative exchangeable redeemable preferred stock:    
10.75% Series B cumulative exchangeable redeemable preferred stock, $0.01 par value, liquidation value $1000 per share. Authorized 280,000 shares; 92,349 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 92,349 92,349
Series C convertible preferred stock
   
Stockholders' deficit:    
Series C convertible preferred stock, $0.01 par value and liquidation value. Authorized 600,000 shares; 380,000 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 4 4
Total stockholders' deficit 4 4
Common Class A [Member]
   
Stockholders' deficit:    
Common stock, value 0 0
Total stockholders' deficit 0 0
Common Class B [Member]
   
Stockholders' deficit:    
Common stock, value 0 0
Total stockholders' deficit $ 0 $ 0