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CONTRACT TERMINATION
12 Months Ended
Dec. 31, 2011
Agreements and Contract Settlements Disclosure [Abstract]  
Agreements And Contract Settlements Disclosure [Text Block]

18.  CONTRACT TERMINATION:

 

 In connection with the September 2005 termination of the Company’s sales representation agreements with Interep National Radio Sales, Inc. (“Interep”), and its subsequent agreements with Katz Communications, Inc. (“Katz”) making Katz the Company’s sole national sales representative, Katz paid the Company $3.4 million as an inducement to enter into new agreements and paid Interep approximately $5.3 million to satisfy the Company’s termination obligations. In August 2009, the Company completed amortizing both over the four-year life of the subsequent Katz agreements as a reduction to selling, general, and administrative expense. For the year ended December 31, 2009, selling, general and administrative expense was reduced by approximately $1.3 million.