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Segment Information (Tables)
6 Months Ended
Jun. 30, 2013
Segment Information [Abstract]  
Operating results and other financial data for each segment

Operating results and other financial data for each segment are as follows:

 

                                 
    Three months ended
June 30,
    Six months ended
June 30,
 
(dollars in thousands)   2013     2012     2013     2012  

Revenue

                               

Television

  $ 36,707     $ 36,778     $ 69,267     $ 65,937  

Radio

    5,430       5,566       9,750       10,299  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment revenue

    42,137       42,344       79,017       76,236  

Intercompany and other

    (70     (74     (159     (34
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 42,067     $ 42,270     $ 78,858     $ 76,202  
   

 

 

   

 

 

   

 

 

   

 

 

 

Segment income from continuing operations

                               

Television

  $ 10,314     $ 12,373     $ 16,995     $ 17,452  

Radio

    1,654       1,835       2,267       2,633  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment income from operations

    11,968       14,208       19,262       20,085  

Corporate and other

    (8,240     (4,134     (13,736     (8,475

Fisher Plaza rent

    (1,109     (1,253     (2,377     (2,524
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 2,619     $ 8,821     $ 3,149     $ 9,086  
   

 

 

   

 

 

   

 

 

   

 

 

 

Depreciation and amortization

                               

Television

  $ 1,563     $ 1,490     $ 3,080     $ 2,977  

Radio

    42       30       85       59  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total segment depreciation and amortization

    1,605       1,520       3,165       3,036  

Corporate and other

    233       228       467       469  
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 1,838     $ 1,748     $ 3,632     $ 3,505  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                 
Total assets   June 30,
2013
    December 31,
2012
 

Television

  $ 119,849     $ 113,998  

Radio

    15,482       15,016  
   

 

 

   

 

 

 

Total segment assets

    135,331       129,014  

Corporate and other

    39,384       52,010  
   

 

 

   

 

 

 
    $ 174,715     $ 181,024  
   

 

 

   

 

 

 
Reconciliation of segment income from operations to income (loss) from operations

A reconciliation of segment income from operations to income (loss) from operations is as follows (dollars in thousands):

 

                                 
    Three months ended
June 30,
    Six months ended
June 30,
 
    2013     2012     2013     2012  

Segment income from operations

  $ 2,619     $ 8,821     $ 3,149     $ 9,086  

Adjustments:

                               

Loss (gain) on sale of real estate, net

    —         (209     —         164  

Depreciation and amortization

    (1,838     (1,748     (3,632     (3,505
   

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from operations

  $ 781     $ 6,864     $ (483   $ 5,745