10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001144204-15-047279`
Period End Date	20150630
Filing Date	20150807
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	salm-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 116 Cash Flow Statement 110

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.68M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.73M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.50M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$476.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$539.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$158.95M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$155.50M	USD	Point-in-time
Trade accounts receivable (net of allowances of $12,727 in 2014 and $12,678 in 2015)	`AccountsReceivableNetCurrent`	$34.84M	USD	Point-in-time
Trade accounts receivable (net of allowances of $12,727 in 2014 and $12,678 in 2015)	`AccountsReceivableNetCurrent`	$34.78M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$3.55M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$34.13M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$36.77M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.56M	USD	Point-in-time
Inventories (net of reserves of $1,227 in 2014 and $1,499 in 2015)	`InventoryNet`	$858.00K	USD	Point-in-time
Inventories (net of reserves of $1,227 in 2014 and $1,499 in 2015)	`InventoryNet`	$572.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.77M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.58M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$17.00K	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$8.15M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Assets held for sale	`LandAvailableForSale`	$1.70M	USD	Point-in-time
Assets held for sale	`LandAvailableForSale`	$1.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$54.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$54.37M	USD	Point-in-time
Notes receivable (net of allowances of $539 in 2014 and $476 in 2015)	`NotesAndLoansReceivableNetNoncurrent`	$228.00K	USD	Point-in-time
Notes receivable (net of allowances of $539 in 2014 and $476 in 2015)	`NotesAndLoansReceivableNetNoncurrent`	$173.00K	USD	Point-in-time
Fair value of interest rate swap	`DerivativeFairValueOfDerivativeAsset`	-	USD	Point-in-time
Fair value of interest rate swap	`DerivativeFairValueOfDerivativeAsset`	$475.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $155,495 in 2014 and $158,949 in 2015)	`PropertyPlantAndEquipmentNet`	$101.84M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $155,495 in 2014 and $158,949 in 2015)	`PropertyPlantAndEquipmentNet`	$99.23M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$385.73M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$387.37M	USD	Point-in-time
Goodwill	`Goodwill`	$24.82M	USD	Point-in-time
Goodwill	`Goodwill`	$24.68M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$833.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$833.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $34,130 in 2014 and $36,774 in 2015)	`FiniteLivedIntangibleAssetsNet`	$12.39M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $34,130 in 2014 and $36,774 in 2015)	`FiniteLivedIntangibleAssetsNet`	$11.34M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$2.83M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$3.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.06M	USD	Point-in-time
Total assets	`Assets`	$583.16M	USD	Point-in-time
Total assets	`Assets`	$585.99M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$11.92M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.70M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.32M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$48.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$12.70M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$13.21M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$154.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.33M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$1.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.75M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.90M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$272.91M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$275.61M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	-	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$501.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$51.31M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$49.11M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$10.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$11.85M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$380.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$379.17M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$241.39M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$240.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.25M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2014 and June 30, 2015)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2014 and June 30, 2015)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$203.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$205.41M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$585.99M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$583.16M	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$95.90M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$95.60M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$49.13M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$49.06M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$12.32M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$22.29M	USD	2 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$23.63M	USD	2 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$11.50M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$7.19M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$6.73M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$11.26M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$11.45M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$130.98M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$129.15M	USD	2 Qtrs
Total net revenue	`SalesRevenueNet`	$67.29M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$68.64M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $365 for the three months ended June 30, 2014 and 2015, respectively, and $723 and $730 for the six months ended June 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.81M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.81M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $365 for the three months ended June 30, 2014 and 2015, respectively, and $723 and $730 for the six months ended June 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$69.10M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$69.10M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $365 for the three months ended June 30, 2014 and 2015, respectively, and $723 and $730 for the six months ended June 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$69.16M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$69.16M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $365 for the three months ended June 30, 2014 and 2015, respectively, and $723 and $730 for the six months ended June 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.19M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.19M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$9.27M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.77M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.98M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$17.77M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$9.04M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$7.51M	USD	2 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$18.12M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.47M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$10.97M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.81M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$11.81M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $5 and $36 for the three months ended June 30, 2014 and 2015, respectively, and $169 and $69 for the six months ended June 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$3.98M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $5 and $36 for the three months ended June 30, 2014 and 2015, respectively, and $169 and $69 for the six months ended June 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $5 and $36 for the three months ended June 30, 2014 and 2015, respectively, and $169 and $69 for the six months ended June 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$9.04M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $5 and $36 for the three months ended June 30, 2014 and 2015, respectively, and $169 and $69 for the six months ended June 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$7.51M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.06M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.23M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.17M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.30M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$2.64M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$3.14M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$1.31M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.53M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-307.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$242.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-189.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$369.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-338.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-159.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-221.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-30.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$58.04M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$61.15M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$118.16M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$114.19M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$9.25M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$14.96M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$12.82M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$26.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$41.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.87M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.85M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.68M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.47M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.37M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-976.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$444.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	2 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$7.00K	USD	2 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$80.00K	USD	2 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$14.00K	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.83M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.62M	USD	2 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.09M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.27M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.45M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$925.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$827.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.30M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.69M	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.15	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.07	USD	2 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.07	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.15	USD	2 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.12	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.39M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.12M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.43M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.17M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.88M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.83M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.92M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.95M	shares	1 Quarter

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.82M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$3.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.69M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$487.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$932.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$156.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$329.00K	USD	1 Quarter
Tax benefit related to stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-77.00K	USD	2 Qtrs
Tax benefit related to stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-112.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.43M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.88M	USD	2 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$314.00K	USD	2 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$344.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$160.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$540.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$911.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.51M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$648.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.20M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.47M	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.37M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-976.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$444.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-307.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$242.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-189.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$369.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-41.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-338.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-159.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-221.00K	USD	2 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-30.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.02M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-6.32M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$407.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.46M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.67M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.51M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.73M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.36M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-767.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$327.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-38.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-154.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.95M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$20.93M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$5.98M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$4.21M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$947.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$137.00K	USD	2 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$225.00K	USD	2 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$50.00K	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.19M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$4.56M	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.00K	USD	2 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$228.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$390.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.86M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.28M	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	-	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$14.00K	USD	2 Qtrs
Payments of acquisition related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$1.18M	USD	2 Qtrs
Payments of acquisition related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	-	USD	2 Qtrs
Payments of deferred installments due from acquisition activity	`PaymentsForPreviousAcquisition`	$935.00K	USD	2 Qtrs
Payments of deferred installments due from acquisition activity	`PaymentsForPreviousAcquisition`	-	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$298.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$975.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$58.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$62.00K	USD	2 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$2.96M	USD	2 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$3.30M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$978.00K	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-269.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.51M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-3.90M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$159.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$167.00K	USD	2 Qtrs
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$232.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$192.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$7.07M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$6.68M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$238.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$316.00K	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$3.52M	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$3.19M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$3.38M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$2.96M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$137.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$947.00K	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	-	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$11.00K	USD	2 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$2.05M	USD	2 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$300.00K	USD	2 Qtrs
Deferred payments due 2014 under asset purchase agreement	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	-	USD	2 Qtrs
Deferred payments due 2014 under asset purchase agreement	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$300.00K	USD	2 Qtrs
Present value of deferred cash payments (due 2015)	`NetPresentValueOfDeferredCashPaymentsCurrent`	-	USD	2 Qtrs
Present value of deferred cash payments (due 2015)	`NetPresentValueOfDeferredCashPaymentsCurrent`	$2.39M	USD	2 Qtrs
Present value of deferred cash payments (due 2016)	`NetPresentValueOfDeferredCashPaymentsNonCurrent`	$2.29M	USD	2 Qtrs
Present value of deferred cash payments (due 2016)	`NetPresentValueOfDeferredCashPaymentsNonCurrent`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.