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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets Abstract    
Cash $ 5,930 $ 12,231
Accounts receivable, net of allowance for doubtful accounts 60,767 71,818
Prepaid expenses, deposits and other 6,772 4,326
Prepaid and refundable federal and state income taxes 21 41
Deferred tax assets 2,850 2,850
Total current assets 76,340 91,266
Net property and equipment 43,882 44,439
Radio broadcasting licenses 718,542 718,542
Goodwill 38,850 38,850
Assets held for sale 2,199 2,090
Deferred charges and other assets, net of accumulated amortization 16,004 17,501
TOTAL ASSETS 895,817 912,688
Liabilities Abstract    
Accounts payable 302 200
Accrued expenses 13,312 13,729
Accrued compensation and other current liabilities 18,448 12,723
Financing method lease obligations, current portion 0 0
Long-term debt, current portion 10,724 3,000
Total current liabilities 42,786 29,652
Long-term debt, net of current portion 481,973 514,124
Deferred tax liabilities 44,964 44,272
Other long-term liabilities 25,994 26,247
Total long-term liabilities 552,931 584,643
Total liabilities 595,717 614,295
CONTINGENCIES AND COMMITMENTS      
SHAREHOLDERS' EQUITY:    
Preferred stock 0 0
Common stock 391 385
Additional paid-in capital 605,059 604,721
Accumulated deficit (305,350) (306,713)
Accumulated other comprehensive income (loss) 0 0
Total shareholders' equity 300,100 298,393
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 895,817 $ 912,688