FILM AND TELEVISION COSTS

12 Months Ended

Dec. 31, 2011

FILM AND TELEVISION COSTS [Abstract]

FILM AND TELEVISION COSTS

5. FILM AND TELEVISION COSTS

Film and television costs consisted of the following as of:

	2011			2010
Balance as of January 1,	$	3,668		$	6,832
Additions		1,559			3,663
		5,227			10,495
Amortization		(2,762	)		(6,827	)
Balance as of December 31,	$	2,465		$	3,668
Development/Preproduction	$	-		$	75
Production		266			326
Completed not released		154			325
Completed released		2,045			2,942
	$	2,465		$	3,668

Amortization of capitalized film and television costs were $2,762, $6,827 and $21,511 during fiscal years 2011, 2010 and 2009, respectively.  Based on management's ultimate revenue estimates as of December 31, 2011, approximately 63% of the total completed and unamortized film and television costs are expected to be amortized during 2012, and over 90% of the total completed and unamortized film and television costs are expected to be amortized during the next three years.