CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Assets Abstract
Cash and cash equivalents	$ 6,603	$ 3,625
Accounts receivable, net of allowance for doubtful accounts	78,991	69,053
Prepaid expenses, deposits and other	4,461	5,376
Prepaid and refundable federal and state income taxes	54	317
Deferred tax assets	3,035	3,035
Total current assets	93,144	81,406
Investments	0	0
Net property and equipment	52,127	58,368
Radio broadcasting licenses	718,656	715,902
Goodwill	39,103	38,891
Deferred charges and other assets, net of accumulated amortization	21,229	24,702
TOTAL ASSETS	924,259	919,269
Liabilities Abstract
Accounts payable	183	404
Accrued expenses	14,596	12,509
Accrued compensation and other current liabilities	21,969	14,682
Financing method lease obligations, current portion	12,610	0
Senior debt, current portion	13,589	3,778
Total current liabilities	62,947	31,373
Long-term debt, net of current portion	573,296	598,446
Financing method lease obligations	0	12,610
Deferred tax liabilities	14,424	11,317
Other long-term liabilities	14,944	14,379
Total long-term liabilities	602,664	636,752
Total liabilities	665,611	668,125
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:
Preferred stock	0	0
Common stock	385	382
Additional paid-in capital	600,898	597,327
Accumulated deficit	(342,635)	(346,565)
Accumulated other comprehensive income (loss)	0	0
Total shareholders' equity	258,648	251,144
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 924,259	$ 919,269