10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2013

Filing Information

Form Type	10-Q
Accession Number	`0001193125-13-329064`
Period End Date	20130630
Filing Date	20130809
Fiscal Year	2013
Fiscal Period	Q2
XBRL Instance	salm-20130630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 143 Cash Flow Statement 117

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.93M	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.58M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$141.75M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$135.82M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$26.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$299.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$25.12M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$579.00K	USD	Point-in-time
Trade accounts receivable (less allowance for doubtful accounts of $8,926 in 2012 and $9,578 in 2013)	`AccountsReceivableNetCurrent`	$37.13M	USD	Point-in-time
Trade accounts receivable (less allowance for doubtful accounts of $8,926 in 2012 and $9,578 in 2013)	`AccountsReceivableNetCurrent`	$35.01M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$702.00K	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.80M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$609.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.97M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.28M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.25M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetCurrent`	$6.25M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$1.96M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleCurrent`	$1.70M	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 of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.00K	USD	Point-in-time
Assets of discontinued operations	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$50.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$47.49M	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $135,823 in 2012 and $141,746 in 2013)	`PropertyPlantAndEquipmentNet`	$99.47M	USD	Point-in-time
Property, plant and equipment (net of accumulated depreciation of $135,823 in 2012 and $141,746 in 2013)	`PropertyPlantAndEquipmentNet`	$99.37M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$381.59M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$373.72M	USD	Point-in-time
Goodwill	`Goodwill`	$22.38M	USD	Point-in-time
Goodwill	`Goodwill`	$21.98M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$1.87M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$1.53M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $25,121 in 2012 and $26,501 in 2013)	`IntangibleAssetsNetExcludingGoodwill`	$8.11M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $25,121 in 2012 and $26,501 in 2013)	`IntangibleAssetsNetExcludingGoodwill`	$8.75M	USD	Point-in-time
Fair value of interest rate swaps	`DerivativeFairValueOfDerivativeAsset`	$3.58M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$4.00M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$4.44M	USD	Point-in-time
Notes receivable (net of allowance of $702 in 2012 and $579 in 2013)	`NotesAndLoansReceivableNetNoncurrent`	$258.00K	USD	Point-in-time
Notes receivable (net of allowance of $702 in 2012 and $579 in 2013)	`NotesAndLoansReceivableNetNoncurrent`	$1.66M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.80M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.01M	USD	Point-in-time
Total assets	`Assets`	$561.36M	USD	Point-in-time
Total assets	`Assets`	$573.59M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$6.63M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.03M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.67M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$75.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.11M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$9.53M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$12.06M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$38.00K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$175.00K	USD	Point-in-time
Subordinated debt due related parties	`DueToRelatedPartiesCurrent`	$15.00M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.11M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$5.12M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$35.56M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$248.87M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$292.76M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$43.02M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$47.59M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$8.14M	USD	Point-in-time
Deferred revenue	`DeferredRevenueNoncurrent`	$10.16M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$29.00K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$20.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$355.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$381.52M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$233.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$235.84M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-10.03M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$5.83M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2012 and June 30, 2013)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2012 and June 30, 2013)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$206.07M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$192.07M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$573.59M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$561.36M	USD	Point-in-time

Income Statement 143 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$47.02M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$90.27M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$46.37M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$90.33M	USD	2 Qtrs
Net Internet revenue	`InternetRevenue`	$19.62M	USD	2 Qtrs
Net Internet revenue	`InternetRevenue`	$8.04M	USD	1 Quarter
Net Internet revenue	`InternetRevenue`	$9.91M	USD	1 Quarter
Net Internet revenue	`InternetRevenue`	$15.47M	USD	2 Qtrs
Net publishing revenue	`PublishingRevenue`	$6.11M	USD	2 Qtrs
Net publishing revenue	`PublishingRevenue`	$3.22M	USD	1 Quarter
Net publishing revenue	`PublishingRevenue`	$5.87M	USD	2 Qtrs
Net publishing revenue	`PublishingRevenue`	$3.21M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$115.76M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$60.14M	USD	1 Quarter
Total revenue	`SalesRevenueNet`	$111.91M	USD	2 Qtrs
Total revenue	`SalesRevenueNet`	$57.63M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $342 and $348 for the three months ended June 30, 2012 and 2013, respectively, and $674 and $690 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`BroadcastExpensesNet`	$60.41M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$60.41M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $342 and $348 for the three months ended June 30, 2012 and 2013, respectively, and $674 and $690 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`BroadcastExpensesNet`	$30.84M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$30.84M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $342 and $348 for the three months ended June 30, 2012 and 2013, respectively, and $674 and $690 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`BroadcastExpensesNet`	$30.52M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$30.52M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization shown below (including $342 and $348 for the three months ended June 30, 2012 and 2013, respectively, and $674 and $690 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`BroadcastExpensesNet`	$59.66M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$59.66M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$6.11M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$5.09M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.80M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$9.67M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$6.89M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$10.89M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$13.73M	USD	2 Qtrs
Internet operating expenses exclusive of depreciation and amortization shown below	`InternetExpensesNet`	$12.03M	USD	2 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.47M	USD	2 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$3.45M	USD	1 Quarter
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$5.97M	USD	2 Qtrs
Publishing operating expenses exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$3.00M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $148 and $25 for the three months ended June 30, 2012 and 2013, and $200 and $160 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$5.09M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $148 and $25 for the three months ended June 30, 2012 and 2013, and $200 and $160 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.80M	USD	1 Quarter
Corporate expenses exclusive of depreciation and amortization shown below (including $148 and $25 for the three months ended June 30, 2012 and 2013, and $200 and $160 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$9.67M	USD	2 Qtrs
Corporate expenses exclusive of depreciation and amortization shown below (including $148 and $25 for the three months ended June 30, 2012 and 2013, and $200 and $160 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$10.89M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.04M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.22M	USD	2 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.10M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$6.07M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$542.00K	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$688.00K	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$1.13M	USD	2 Qtrs
Amortization	`CostOfServicesAmortization`	$1.38M	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$24.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-1.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-145.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$53.76M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$50.85M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$100.12M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$99.89M	USD	2 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$9.29M	USD	1 Quarter
Operating income from continuing operations	`OperatingIncomeLoss`	$11.79M	USD	2 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$15.87M	USD	2 Qtrs
Operating income from continuing operations	`OperatingIncomeLoss`	$3.86M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$59.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$36.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$28.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00K	USD	1 Quarter
Interest expense including $39 and $0 for the three months ended June 30, 2012 and 2013, and $114 and $154 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties.	`InterestExpense`	$9.44M	USD	2 Qtrs
Interest expense including $39 and $0 for the three months ended June 30, 2012 and 2013, and $114 and $154 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties.	`InterestExpense`	$12.66M	USD	2 Qtrs
Interest expense including $39 and $0 for the three months ended June 30, 2012 and 2013, and $114 and $154 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties.	`InterestExpense`	$6.26M	USD	1 Quarter
Interest expense including $39 and $0 for the three months ended June 30, 2012 and 2013, and $114 and $154 for the six months ended June 30, 2012 and 2013, respectively, paid to related parties.	`InterestExpense`	$3.72M	USD	1 Quarter
Change in fair value of interest rate swaps	`UnrealizedGainLossOnDerivatives`	$4.01M	USD	1 Quarter
Change in fair value of interest rate swaps	`UnrealizedGainLossOnDerivatives`	$3.58M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.78M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-55.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$5.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$11.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$4.00K	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$11.00K	USD	2 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.72M	USD	2 Qtrs
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.54M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.26M	USD	1 Quarter
Income (loss) from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.69M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$4.33M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-797.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.48M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-4.35M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-1.78M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$5.21M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-13.38M	USD	2 Qtrs
Income (loss) from continuing operations	`IncomeLossFromContinuingOperations`	$-894.00K	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-4.00K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-55.00K	USD	2 Qtrs
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-13.00K	USD	1 Quarter
Income (loss) from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-15.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-949.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.79M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-13.39M	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.07	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.54	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.20	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.04	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.54	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.54	USD	2 Qtrs
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.07	USD	1 Quarter
Earnings (loss) per share from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.20	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Earnings (loss) per share from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.04	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.54	USD	2 Qtrs
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.04	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.05	USD	1 Quarter
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.10	USD	2 Qtrs
Dividends per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	2 Qtrs
Dividends per share	`CommonStockDividendsPerShareCashPaid`	-	USD	Point-in-time
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.74M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.36M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.46M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	24.68M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.46M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.68M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	25.62M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.36M	shares	1 Quarter

Cash Flow Statement 117 line items

Line Item	Tag	Value	Unit	Period
Debt, interest rate	`DebtInstrumentInterestRateStatedPercentage`	0.10	pure	Point-in-time
Debt, interest rate	`DebtInstrumentInterestRateStatedPercentage`	0.10	pure	Point-in-time
Interest, paid to related parties	`InterestPaidToRelatedParty`	$296.00K	USD	2 Qtrs
Interest, paid to related parties	`InterestPaidToRelatedParty`	$113.00K	USD	2 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-1.78M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$5.21M	USD	1 Quarter
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-13.38M	USD	2 Qtrs
Net loss from continuing operations	`IncomeLossFromContinuingOperations`	$-894.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.17M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$696.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$351.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$369.00K	USD	1 Quarter
Tax benefit related to stock options exercised	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-113.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.61M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.20M	USD	2 Qtrs
Amortization of bond issue costs and bank loan fees	`AmortizationOfFinancingCosts`	$511.00K	USD	2 Qtrs
Amortization of bond issue costs and bank loan fees	`AmortizationOfFinancingCosts`	$649.00K	USD	2 Qtrs
Amortization and accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-90.00K	USD	2 Qtrs
Amortization and accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-100.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.52M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$791.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-1.04M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-4.58M	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$345.00K	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$438.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	2 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$5.61M	USD	1 Quarter
Change in fair value of interest rate swaps	`UnrealizedGainLossOnDerivatives`	$4.01M	USD	1 Quarter
Change in fair value of interest rate swaps	`UnrealizedGainLossOnDerivatives`	$3.58M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$33.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-893.00K	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.78M	USD	2 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-55.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-5.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$24.00K	USD	2 Qtrs
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-1.00K	USD	1 Quarter
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets`	$-145.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.17M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$278.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$325.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$793.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.88M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$368.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.04M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-3.44M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-9.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$7.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-137.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.74M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$11.91M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.23M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.85M	USD	2 Qtrs
Deposits (release) on radio station acquisitions and broadcast equipment	`PaymentsForProceedsFromOtherDeposits`	$307.00K	USD	2 Qtrs
Deposits (release) on radio station acquisitions and broadcast equipment	`PaymentsForProceedsFromOtherDeposits`	$-370.00K	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$2.18M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.00M	USD	2 Qtrs
Purchases of Internet businesses and assets	`PaymentsToAcquireBusinessesGross`	$-165.00K	USD	2 Qtrs
Proceeds from the disposal of assets	`ProceedsFromSaleOfProductiveAssets`	$765.00K	USD	2 Qtrs
Release (payment) of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-110.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$162.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$34.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.66M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.02M	USD	2 Qtrs
Payments to redeem 95/8% Notes	`RepaymentsOfSeniorDebt`	$17.50M	USD	2 Qtrs
Payments to redeem 95/8% Notes	`RepaymentsOfSeniorDebt`	$213.50M	USD	2 Qtrs
Payment of bond premium in connection with early redemptions and repurchases of the 95/8% Notes	`PaymentOfPremiumsForDebtExtinguishment`	$525.00K	USD	2 Qtrs
Payment of bond premium in connection with early redemptions and repurchases of the 95/8% Notes	`PaymentOfPremiumsForDebtExtinguishment`	$22.68M	USD	2 Qtrs
Proceeds from borrowings under Term Loan B and Revolver	`ProceedsFromLongTermLinesOfCredit`	$310.00M	USD	2 Qtrs
Payments under Term Loan B and Revolver	`RepaymentsOfLongTermLinesOfCredit`	$15.09M	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$4.36M	USD	2 Qtrs
Payments of costs related to bank credit facility	`PaymentsOfLoanCosts`	$134.00K	USD	2 Qtrs
Proceeds from borrowings under terminated credit facilities and subordinated debt	`ProceedsFromLinesOfCredit`	$77.43M	USD	2 Qtrs
Proceeds from borrowings under terminated credit facilities and subordinated debt	`ProceedsFromLinesOfCredit`	$46.75M	USD	2 Qtrs
Payments under terminated credit facilities and subordinated debt	`RepaymentsOfLinesOfCredit`	$87.22M	USD	2 Qtrs
Payments under terminated credit facilities and subordinated debt	`RepaymentsOfLinesOfCredit`	$61.84M	USD	2 Qtrs
Proceeds from subordinated debt due to related parties	`ProceedsFromRelatedPartyDebt`	$9.00M	USD	2 Qtrs
Payments to subordinated debt due to related parties	`RepaymentsOfRelatedPartyDebt`	$9.00M	USD	2 Qtrs
Payments to subordinated debt due to related parties	`RepaymentsOfRelatedPartyDebt`	$15.00M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$583.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$61.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$61.00K	USD	2 Qtrs
Payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$63.00K	USD	2 Qtrs
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$1.20K	USD	1 Quarter
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	2 Qtrs
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$1.20K	USD	Point-in-time
Payment of cash dividend on common stock	`PaymentsOfDividendsCommonStock`	$2.47M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$875.00K	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.58M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-2.18M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-5.86M	USD	2 Qtrs
Operating cash flows	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.00K	USD	2 Qtrs
Operating cash flows	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-15.00K	USD	2 Qtrs
Net cash inflows (outflows) from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.00K	USD	2 Qtrs
Net cash inflows (outflows) from discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-15.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-307.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$232.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$299.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$67.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$299.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$380.00K	USD	Point-in-time
Interest, including $113 and $296 paid to related parties during the six months ending June 30, 2012 and 2013, respectively	`InterestPaid`	$9.84M	USD	2 Qtrs
Interest, including $113 and $296 paid to related parties during the six months ending June 30, 2012 and 2013, respectively	`InterestPaid`	$11.94M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$202.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$245.00K	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$2.31M	USD	2 Qtrs
Trade revenue	`SupplementalNoncashTradeRevenue`	$2.58M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$2.59M	USD	2 Qtrs
Trade expense	`SupplementalNoncashTradeExpense`	$2.05M	USD	2 Qtrs
Net present value of advertising credits payable	`NetPresentValueOfAdvertisingCreditsPayable`	$2.43M	USD	2 Qtrs
Seller-financed note	`NotesIssued1`	$2.00M	USD	2 Qtrs

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