SEGMENT INFORMATION:

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

16.  SEGMENT INFORMATION:

The Company has four reportable segments: (i) radio broadcasting; (ii) Reach Media; (iii) internet; and (iv) cable television. These segments operate in the United States and are consistently aligned with the Company’s management of its businesses and its financial reporting structure.

The radio broadcasting segment consists of all broadcast results of operations. The Company aggregates the broadcast markets in which it operates into the radio broadcasting segment. The Reach Media segment consists of the results of operations for the Tom Joyner Morning Show and related activities and operations of other syndicated shows. Effective, January 1, 2013, we consolidated our syndication network programming within Reach Media to leverage that platform to create the leading syndicated radio network targeted to the African-American audience. The internet segment includes the results of our online business, including the operations of Interactive One. The cable television segment consists of TV One’s results of operations. Corporate/Eliminations/Other represents financial activity associated with our corporate staff and offices and intercompany activity among the four segments.

Operating loss or income represents total revenues less operating expenses, depreciation and amortization, and impairment of long-lived assets. Intercompany revenue earned and expenses charged between segments are recorded at fair value and eliminated in consolidation.

The accounting policies described in the summary of significant accounting policies in Note 1 – Organization and Summary of Significant Accounting Policies are applied consistently across the segments.

Detailed segment data for the years ended December 31, 2014, 2013 and 2012 is presented in the following table:

	For the Years Ended December 31,
	2014		2013		2012
	(In thousands)
Net Revenue:
Radio Broadcasting	$	213,037	$	222,544	$	223,404
Reach Media		52,543		56,741		55,154
Internet		24,337		25,639		19,852
Cable Television		157,086		149,472		131,178
Corporate/Eliminations/Other		(5,616)		(5,696)		(5,015)
Consolidated	$	441,387	$	448,700	$	424,573
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
Radio Broadcasting	$	126,842	$	128,001	$	129,843
Reach Media		50,849		50,833		54,168
Internet		22,998		25,319		21,179
Cable Television		104,210		100,117		91,361
Corporate/Eliminations/Other		22,501		18,712		17,723
Consolidated	$	327,400	$	322,982	$	314,274
Depreciation and Amortization:
Radio Broadcasting	$	5,039	$	6,071	$	6,308
Reach Media		1,146		1,242		1,302
Internet		2,422		2,490		3,210
Cable Television		26,115		26,324		26,864
Corporate/Eliminations/Other		2,100		1,743		1,093
Consolidated	$	36,822	$	37,870	$	38,777
Impairment of Long-Lived Assets:
Radio Broadcasting	$	—	$	14,880	$	313
Reach Media		—		—		—
Internet		—		—		—
Cable Television		—		—		—
Corporate/Eliminations/Other		—		—		—
Consolidated	$	—	$	14,880	$	313
Operating income (loss):
Radio Broadcasting	$	81,156	$	73,592	$	86,940
Reach Media		548		4,666		(316)
Internet		(1,083)		(2,170)		(4,537)
Cable Television		26,761		23,031		12,953
Corporate/Eliminations/Other		(30,217)		(26,151)		(23,831)
Consolidated	$	77,165	$	72,968	$	71,209

	As of
	December 31,		December 31,
	2014		2013
	(In thousands)
Total Assets:
Radio Broadcasting	$	814,621	$	798,900
Reach Media		36,376		39,700
Internet		33,375		34,123
Cable Television		464,661		495,766
Corporate/Eliminations/Other		49,522		45,866
Consolidated	$	1,398,555	$	1,414,355