Broadcast Licenses and Other Intangibles Assets (Tables)

12 Months Ended

Dec. 31, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Changes to broadcast licenses

We have recorded the changes to broadcast licenses for the years ended December 31, 2012 as follows:

	Radio		Television		Total
	(In thousands)
Balance at January 1, 2012	$	80,768	$	9,588	$	90,356
Acquisitions		5		—		5
Balance at December 31, 2012	$	80,773	$	9,588	$	90,361

Key estimates and assumptions used in the impairment test

The following table reflects certain key estimates and assumptions used in the impairment test in the fourth quarter of 2012. 

	Fourth	Fourth
	Quarter	Quarter
	2012	2011
Discount rates	12.0% - 12.2%	11.9% - 12.2%
Operating profit margin ranges	17.4% - 35.8%	17.4% - 35.8%
Market long-term revenue growth rates	1.75% - 3.1%	2.0% - 3.0%

Amortizable intangible assets

We have recorded amortizable intangible assets at December 31, 2012 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	4,511	$	4,511	$	—
Favorable lease agreements		5,862		5,540		322
Other intangibles		1,731		1,577		154
Total amortizable intangible assets	$	12,104	$	11,628	$	476

We have recorded amortizable intangible assets at December 31, 2011 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	4,511	$	4,511	$	—
Favorable lease agreements		5,862		5,504		358
Other intangibles		1,716		1,562		154
Total amortizable intangible assets	$	12,089	$	11,577	$	512