Impairment Charges and Restructuring Costs

12 Months Ended

Dec. 31, 2013

Impairment Charges and Restructuring Costs

(3) Impairment Charges and Restructuring Costs

During the year 2013, we incurred impairment charges and restructuring costs mainly related to an impairment charge recognized on the write-off of a deposit for an option to purchase a TV station that we operated under a programming agreement throughout 2008 and 2009. Pursuant to a lawsuit, we were requesting the reimbursement of our deposit but our motion for judgment was denied. During the year 2012, we incurred impairment charges and restructuring costs related to the abandonment of a leased office space and losses on various subleased office spaces.

During the years 2013 and 2012, we incurred impairment charges and restructuring costs of $0.9 million and $0.4 million, respectively. During the years 2013 and 2012, we paid impairment charges and restructuring costs of $0.4 million and $0.2 million, respectively. As of December 31, 2013 and 2012, the total accrued expenses on our consolidated balance sheets related to impairment charges and restructuring costs was $0.5 million and $0.9 million, which was included in other liabilities.