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PROPERTY AND EQUIPMENT: (Tables)
12 Months Ended
Dec. 31, 2014
PROPERTY AND EQUIPMENT:  
Schedule of estimated useful lives

 

Buildings and improvements

 

10 - 30 years

 

Station equipment

 

5 - 10 years

 

Office furniture and equipment

 

5 - 10 years

 

Leasehold improvements

 

Lesser of 10 - 30 years or lease term

 

Automotive equipment

 

3 - 5 years

 

Property and equipment under capital leases

 

Lease term

 

 

Schedule of property and equipment stated at cost less accumulated depreciation

 

Property and equipment consisted of the following as of December 31, 2014 and 2013 (in thousands):

 

 

 

2014

 

2013

 

Land and improvements

 

$

55,269

 

$

37,517

 

Real estate held for development and sale

 

113,514

 

67,037

 

Buildings and improvements

 

192,478

 

168,441

 

Station equipment

 

684,176

 

572,851

 

Office furniture and equipment

 

70,402

 

50,210

 

Leasehold improvements

 

19,091

 

19,453

 

Automotive equipment

 

37,726

 

23,443

 

Capital leased assets

 

81,625

 

81,602

 

Construction in progress

 

18,774

 

17,078

 

 

 

1,273,055

 

1,037,632

 

Less: accumulated depreciation

 

(520,517

)

(441,561

)

 

 

$

752,538

 

$

596,071