Operating Segments

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Operating Segments

4. Operating Segments

We have two reportable segments: radio and television.

The following summary table presents separate financial data for each of our operating segments (in thousands):  

	Three-Months Ended
	March 31,
	2015			2014
Net revenue:
Radio	$	29,227			29,445
Television		2,915			3,334
Consolidated	$	32,142			32,779
Engineering and programming expenses:
Radio	$	5,399			5,073
Television		2,265			2,439
Consolidated	$	7,664			7,512
Selling, general and administrative expenses:
Radio	$	13,648			14,087
Television		1,614			1,667
Consolidated	$	15,262			15,754
Corporate expenses:	$	2,148			1,704
Depreciation and amortization:
Radio	$	507			501
Television		684			691
Corporate		96			83
Consolidated	$	1,287			1,275
(Gain) loss on the disposal of assets, net:
Radio	$	(6	)		46
Television		—			—
Corporate		—			—
Consolidated	$	(6	)		46
Operating income (loss):
Radio	$	9,679			9,738
Television		(1,648	)		(1,463	)
Corporate		(2,244	)		(1,787	)
Consolidated	$	5,787			6,488
Capital expenditures:
Radio	$	173			400
Television		84			114
Corporate		28			97
Consolidated	$	285			611

	March 31,		December 31,
	2015		2014
Total Assets:
Radio	$	395,439	$	389,394
Television		51,251		51,876
Corporate		10,114		10,543
Consolidated	$	456,804	$	451,813