RELATED PARTY TRANSACTIONS:

3 Months Ended

Mar. 31, 2013

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

11.  RELATED PARTY TRANSACTIONS:

The Company’s CEO and Chairperson own a music company called Music One, Inc. (“Music One”). The Company sometimes engages in promoting the recorded music product of Music One. Based on the cross-promotional value received by the Company, we believe that the provision of such promotion is fair.  During the three months ended March 31, 2013 and 2012, Radio One paid $0 and $1,000, respectively, to or on behalf of Music One, primarily for talent appearances, travel reimbursement and sponsorships. For the three months ended March 31, 2013 and 2012, the Company provided no advertising services to Music One. There were no cash, trade or no-charge orders placed by Music One for the three months ended March 31, 2013 and 2012.

REACH MEDIA, INC [Member]

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

4. RELATED PARTY TRANSACTIONS:

The Company provides office facilities (including office space, telecommunications facilities, and office equipment) and employee-related services (including payroll, benefits, and human resources) to the Tom Joyner Foundation, Inc. (the “Foundation”), a 501(c)(3) entity, and to Tom Joyner, LTD. (“Limited”), Tom Joyner’s production company. Such services are provided as an accommodation to the Foundation and to Limited on a pass-through basis at cost. Under these arrangements, as of March 31, 2013, the Foundation owed Reach Media approximately $4.3 million and Limited owed approximately $79,000 to Reach Media. The significant Foundation balance is due to how the Tom Joyner Fantastic Voyage operates (see next paragraph). The sailing was in early April 2013; therefore, the balance due near sailing becomes significant, but drops immediately after sailing. The sailing completed in early April 2013, and by April 30, 2013, the Foundation’s balance was reduced to approximately $1.1 million with only $16,000 remaining by the end of June 2013.

The Company operates the Tom Joyner Fantastic Voyage, a fund raising event for the Foundation. The terms of the agreement are that Reach Media provides all necessary operations for the Fantastic Voyage, that the Foundation reimburse the Company for all related expenses, and that the Foundation pay a fee plus a performance bonus to the Company. The fee is up to the first $1,000,000 after the Fantastic Voyage nets $250,000 to the Foundation. The balance of any operating income is earned by the Foundation less a performance bonus of 20% to the Company of any excess over $1,250,000. The Foundation’s remittances to the Company under the agreement are limited to its Fantastic Voyage-related cash revenues; the Company bears the risk should the Fantastic Voyage sustain a loss and bears all credit risk associated with the related customer cabin sales. As of March 31, 2013, the Fantastic Voyage had not yet sailed; therefore, no income impact had been recorded. However, as of April 30, 2013, the Company’s revenues, expenses, and operating income for the Fantastic Voyage were approximately $7.2 million, $6.0 million, and $1.2 million, respectively; for 2012, $5.9 million, $4.9 million, and $1.0 million, respectively.

Certain Radio One radio stations carry the syndicated programs featured by Reach Media.