The Company provides certain of its employees and the Board of Directors with an opportunity to defer a portion of their compensation on a tax-favored basis. The obligations by the Company to pay these benefits under the deferred compensation plans represent unsecured general obligations that rank equally with the Company's other unsecured indebtedness. Amounts deferred under these plans were included in other long-term liabilities in the consolidated balance sheets. Any change in the deferred compensation liability for each quarter is recorded to general and administrative expense and to station operating expenses in the statement of operations.

		Years Ended December 31,
Benefit Plan Disclosures		2011		2010		2009
		(amounts in thousands)

Deferred compensation
	Beginning of period balance	$	6,622	$	5,173	$	3,714
	Employee compensation deferrals		790		828		759
	Employee compensation payments		(534)		(87)		(362)
	Increase (decrease) in plan fair value		(54)		708		1,062
	End of period balance	$	6,824	$	6,622	$	5,173

The Company has a savings plan which is intended to be qualified under Section 401(k) of the Internal Revenue Code. The plan is a defined contribution plan, available to all eligible employees, and allows participants to contribute up to the legal maximum of their eligible compensation, not to exceed the maximum tax-deferred amount allowed by the Internal Revenue Service.

Effective July 1, 2011, the Company reinstated its discretionary matching contribution, which is subject to certain conditions. The Company's previous discretionary matching contribution was suspended in 2008.

The following table presents for the periods indicated the Company's contribution to the 401K Plan:

	Years Ended December 31,
	2011		2010		2009
	(amounts in thousands)
401(K) savings plan expense	$	477	$	-	$	-