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TOWER SALE AND LEASEBACK (Block)
12 Months Ended
Dec. 31, 2016
Tower Sale And Leaseback [Abstract]  
Tower Sale And Leaseback [Text Block]

12. DEFERRED GAINS

In connection with the sale of certain of the Company’s broadcasting towers in 2013, the Company continues to rent antenna space on these towers from the buyer. The sale of the towers was recorded as a sale and leaseback transaction for book purposes with most of the gain amortized on a straight-line basis over the 16.5 year life of the leases. All of the leases were accounted for as operating leases. The yearly gain of $0.6 million is included in the statement of operations under net (gain) loss on sale or disposal of assets.

Minimum rental commitments at December 31, 2016 for these non-cancellable leases are included within the operating lease commitment table under Note 20.