10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001144204-15-063670`
Period End Date	20150930
Filing Date	20151109
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	salm-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 116 Cash Flow Statement 112

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.73M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$13.81M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.23M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.62M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$557.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$311.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$539.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$186.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$161.89M	USD	Point-in-time
Trade accounts receivable (net of allowances of $12,727 in 2014 and $13,815 in 2015)	`AccountsReceivableNetCurrent`	$36.85M	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 $13,815 in 2015)	`AccountsReceivableNetCurrent`	$34.78M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.62M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$38.10M	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
Inventories (net of reserves of $1,227 in 2014 and $1,623 in 2015)	`InventoryNet`	$1.07M	USD	Point-in-time
Inventories (net of reserves of $1,227 in 2014 and $1,623 in 2015)	`InventoryNet`	$572.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.62M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.58M	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$4.00K	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`	$54.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$57.22M	USD	Point-in-time
Notes receivable (net of allowances of $539 in 2014 and $557 in 2015)	`NotesAndLoansReceivableNetNoncurrent`	$228.00K	USD	Point-in-time
Notes receivable (net of allowances of $539 in 2014 and $557 in 2015)	`NotesAndLoansReceivableNetNoncurrent`	$222.00K	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 $161,889 in 2015)	`PropertyPlantAndEquipmentNet`	$99.23M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $155,495 in 2014 and $161,889 in 2015)	`PropertyPlantAndEquipmentNet`	$103.64M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$390.05M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$385.73M	USD	Point-in-time
Goodwill	`Goodwill`	$24.97M	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 $38,103 in 2015)	`FiniteLivedIntangibleAssetsNet`	$12.70M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $34,130 in 2014 and $38,103 in 2015)	`FiniteLivedIntangibleAssetsNet`	$12.39M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$2.67M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$3.17M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.59M	USD	Point-in-time
Total assets	`Assets`	$583.16M	USD	Point-in-time
Total assets	`Assets`	$594.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.91M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.96M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.24M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.70M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.62M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.78M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$48.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$54.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$12.93M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$13.21M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$154.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.66M	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`	$47.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.75M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$275.61M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$272.18M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	-	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$2.01M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$49.11M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$52.60M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$10.58M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$13.73M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$4.12M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$934.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$379.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$388.87M	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`	$240.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$241.58M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.83M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2014 and September 30, 2015)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2014 and September 30, 2015)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$203.99M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$206.02M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$594.89M	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`	$48.25M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$144.14M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$49.19M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$144.78M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$11.39M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$35.13M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$33.68M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$11.50M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$9.86M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$6.91M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$21.31M	USD	3 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$18.17M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$200.59M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$196.64M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$67.49M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$69.61M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $366 for the three months ended September 30,2014 and 2015, respectively, and $1,087 and $1,096 for the nine months ended September 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.41M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.41M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $366 for the three months ended September 30,2014 and 2015, respectively, and $1,087 and $1,096 for the nine months ended September 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$103.56M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$103.56M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $366 for the three months ended September 30,2014 and 2015, respectively, and $1,087 and $1,096 for the nine months ended September 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$104.51M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$104.51M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $364 and $366 for the three months ended September 30,2014 and 2015, respectively, and $1,087 and $1,096 for the nine months ended September 30, 2014 and 2015, respectively, paid to related parties)	`BroadcastExpensesNet`	$34.40M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$34.40M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$9.02M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$26.53M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$27.14M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.21M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.76M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.88M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$12.92M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$17.93M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$20.07M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$8.25M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.97M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $35 and $0 for the three months ended September 30, 2014 and 2015, respectively, and $204 and $69 for the nine months ended September 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$3.70M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $35 and $0 for the three months ended September 30, 2014 and 2015, respectively, and $204 and $69 for the nine months ended September 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$11.21M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $35 and $0 for the three months ended September 30, 2014 and 2015, respectively, and $204 and $69 for the nine months ended September 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$3.88M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $35 and $0 for the three months ended September 30, 2014 and 2015, respectively, and $204 and $69 for the nine months ended September 30, 2014 and 2015, respectively paid to related parties)	`GeneralAndAdministrativeExpense`	$12.92M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.14M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$3.14M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$9.37M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$9.44M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$1.53M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.33M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$4.67M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$3.97M	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$545.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-792.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-603.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$914.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$3.00K	USD	1 Quarter
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-214.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-156.00K	USD	3 Qtrs
(Gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$7.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$60.76M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$58.69M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$172.88M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$178.92M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$8.80M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.76M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$21.67M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$8.85M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$43.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$11.99M	USD	3 Qtrs
Interest expense	`InterestExpense`	$11.58M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.90M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.14M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$1.05M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.51M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.42M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.49M	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-26.00K	USD	3 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	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$8.00K	USD	3 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$572.00K	USD	1 Quarter
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$652.00K	USD	3 Qtrs
Net miscellaneous income and expenses	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.39M	USD	1 Quarter
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.93M	USD	3 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.67M	USD	3 Qtrs
Income from operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.31M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.77M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.32M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.49M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.57M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.44M	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Basic earnings per share	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Basic earnings per share	`EarningsPerShareBasic`	$0.21	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.21	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Diluted earnings per share	`EarningsPerShareDiluted`	$0.23	USD	3 Qtrs
Diluted earnings per share	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.06	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	3 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.18	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.41M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.26M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.54M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.46M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.03M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.27M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.89M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.91M	shares	1 Quarter

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.08M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.89M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$3.74M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.44M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$657.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.28M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$344.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$170.00K	USD	1 Quarter
Tax benefit related to stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$78.00K	USD	3 Qtrs
Tax benefit related to stock options exercised	`DeferredTaxExpenseFromStockOptionsExercised`	$114.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.34M	USD	3 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$471.00K	USD	3 Qtrs
Amortization of bank loan fees	`AmortizationOfFinancingCosts`	$516.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$486.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$286.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$2.19M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.75M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.49M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.13M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$1.05M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.51M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.42M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-2.49M	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$545.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-792.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-603.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$914.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-26.00K	USD	3 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	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$3.00K	USD	1 Quarter
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-214.00K	USD	3 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-156.00K	USD	3 Qtrs
Loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$7.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.90M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.48M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$81.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$487.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.04M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$507.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.46M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.04M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-801.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.22M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$448.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-428.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$27.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-154.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$27.29M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$25.43M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$6.32M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$7.63M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$279.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$2.73M	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$112.00K	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$120.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$4.57M	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$8.69M	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$10.00K	USD	3 Qtrs
Proceeds from the sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$271.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$429.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-18.98M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-22.60M	USD	3 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$14.00K	USD	3 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	-	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$1.19M	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$300.00K	USD	3 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-935.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$1.09M	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$314.00K	USD	3 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$92.00K	USD	3 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$87.00K	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$4.96M	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$4.54M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$1.91M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$276.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.68M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-8.06M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$246.00K	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$153.00K	USD	3 Qtrs
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$311.00K	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`	$186.00K	USD	Point-in-time
Cash and cash equivalents at the beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$311.00K	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`	$186.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$33.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$10.80M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$10.68M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$327.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$254.00K	USD	3 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$4.92M	USD	3 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$4.70M	USD	3 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$4.36M	USD	3 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$4.83M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$279.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$2.71M	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	-	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$20.00K	USD	3 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$300.00K	USD	3 Qtrs
Estimated present value of contingent earn-out consideration	`NetPresentValueOfContingentConsideration`	$2.05M	USD	3 Qtrs
Deferred payments due 2014 under asset purchase agreement	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	-	USD	3 Qtrs
Deferred payments due 2014 under asset purchase agreement	`NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1`	$300.00K	USD	3 Qtrs
Present value of deferred cash payments (due 2015)	`NetPresentValueOfDeferredCashPaymentsCurrent`	$2.39M	USD	3 Qtrs
Present value of deferred cash payments (due 2015)	`NetPresentValueOfDeferredCashPaymentsCurrent`	-	USD	3 Qtrs
Present value of deferred cash payments (due 2016)	`NetPresentValueOfDeferredCashPaymentsNonCurrent`	$2.29M	USD	3 Qtrs
Present value of deferred cash payments (due 2016)	`NetPresentValueOfDeferredCashPaymentsNonCurrent`	-	USD	3 Qtrs

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