CONSOLIDATED BALANCE SHEETS (unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets Abstract
Cash	$ 16,045	$ 12,231
Accounts receivable, net of allowance for doubtful accounts	74,363	71,818
Prepaid expenses, deposits and other	5,155	4,326
Prepaid and refundable federal and state income taxes	34	41
Deferred tax assets	2,850	2,850
Total current assets	98,447	91,266
Net property and equipment	45,566	44,439
Radio broadcasting licenses	718,992	718,542
Goodwill	38,850	38,850
Assets held for sale	2,958	2,090
Deferred charges and other assets, net of accumulated amortization	14,075	17,501
TOTAL ASSETS	918,888	912,688
Liabilities Abstract
Accounts payable	180	200
Accrued expenses	17,299	13,729
Accrued compensation and other current liabilities	20,369	12,723
Financing method lease obligations, current portion	0	0
Long-term debt, current portion	2,250	3,000
Total current liabilities	40,098	29,652
Long-term debt, net of current portion	479,600	514,124
Deferred tax liabilities	55,831	44,272
Other long-term liabilities	26,115	26,247
Total long-term liabilities	561,546	584,643
Total liabilities	601,644	614,295
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:
Preferred stock	0	0
Common stock	391	385
Additional paid-in capital	607,593	604,721
Accumulated deficit	(290,740)	(306,713)
Accumulated other comprehensive income (loss)	0	0
Total shareholders' equity	317,244	298,393
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 918,888	$ 912,688