Broadcast Licenses and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Changes to broadcast licenses

We have recorded the changes to broadcast licenses for the years ended December 31, 2013 and 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
Acquisitions		132		—		132
Impairment charge		(2,033)		—		(2,033)
Balance at December 31, 2013	$	78,872	$	9,588	$	88,460

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 2013.

	Fourth	Fourth
	Quarter	Quarter
	2013	2012
Discount rates	12.2% - 12.4%	12.0% - 12.2%
Operating profit margin ranges	19.9% - 35.8%	17.4% - 35.8%
Market long-term revenue growth rates	1.9 % - 3.3%	1.75% - 3.1%

Amortizable intangible assets

We have recorded amortizable intangible assets at December 31, 2013 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	4,511	$	4,511	$	—
Favorable lease agreements		5,862		5,577		285
Other intangibles		1,741		1,592		149
Total amortizable intangible assets	$	12,114	$	11,680	$	434

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