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ACQUISITIONS, DIVERSTITURES AND PRO FORMA SUMMARY (Block)
9 Months Ended
Sep. 30, 2012
Business Combinations [Abstract]  
Mergers Acquisitions And Dispositions Disclosures Text Block

11.       ACQUISITION

San Francisco, California

       On June 28, 2012, the Company acquired the assets of KBLX-FM, a radio station serving the San Francisco, California, radio market, for a purchase price of $25.0 million in cash, of which $7.0 million was paid from cash available from operating cash flow and $18.0 was borrowed under the Company's Revolver. The Company commenced operations under a time brokerage agreement effective May 1, 2012.

       In connection with this acquisition, the Company recorded goodwill of $0.2 million, which is fully deductible for tax purposes, and indefinite lived intangible assets in the form of broadcasting licenses of $24.8 million. The acquisition of this station was not material to the Company's results of operations for any of the periods presented herein.

       Including this acquisition, the Company owns four radio stations serving the San Francisco market and one station serving the San Jose market. Management believes that the addition of KBLX-FM to the Company's cluster of existing stations in this market will allow the Company to compete more effectively by sharing certain synergies in sales, programming and administration.