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RELATED PARTY TRANSACTIONS: | 9 Months Ended
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Sep. 30, 2013
Related Party Transactions [Abstract] |
Related Party Transactions Disclosure [Text Block] | 10. RELATED PARTY TRANSACTIONS: The Company’s CEO and Chairperson own a music company called Music One, Inc. (“Music One”). The Company sometimes engages in promoting the recorded music product of Music One. Based on the cross-promotional value received by the Company, we believe that the provision of such promotion is fair. During the three and nine months ended September 30, 2013, and the three months ended September 30, 2012, Radio One did not make any payments to, or on behalf of, Music One. During the nine months ended September 30, 2012, Radio One paid $37,000 to or on behalf of Music One, primarily for talent appearances, travel reimbursement and sponsorships. For the three and nine months ended September 30, 2013, the Company did not provide any advertising services to Music One. For the three and nine months ended September 30, 2012, the Company provided advertising services to Music One in the amounts of $0 and $1,000, respectively. There were no cash, trade or no-charge orders placed by Music One for the nine months ended September 30, 2013 and 2012.
Reach Media, Inc. [Member] |
Related Party Transactions [Abstract] |
Related Party Transactions Disclosure [Text Block] | 4. RELATED PARTY TRANSACTIONS: Reach Media provides office facilities and employee-related services to the Tom Joyner Foundation, Inc. (the “Foundation”), a 501(c)(3) entity, and to Tom Joyner, LTD. (“Limited”), Tom Joyner’s production company. Such services are provided as an accommodation to the Foundation and to Limited on a pass-through basis at cost. Under these arrangements, the Foundation and Limited collectively paid Reach Media $21,000 and $21,000 during the three months ended September 30, 2013, and $64,000 and $62,000 during the nine-months ended September 30, 2013 and 2012, respectively. These pass-through charges are billed and paid on a monthly basis. Reach Media operates and manages the Tom Joyner Fantastic Voyage on behalf of the Foundation. The Fantastic Voyage is an annual fund raising and promotional cruise which generally sails during the first or second quarter of the calendar year. Under the terms of the agreement with the Foundation, Reach Media provides all necessary management and operations for the Fantastic Voyage and the Foundation reimburses Reach Media for all related expenditures and pays a fee plus a performance bonus to Reach Media. The fee can range up to $1,000,000 after the Fantastic Voyage nets the first $250,000 of net profits to the Foundation. Reach Media also earns a performance bonus of 20% of net profits in excess of $1,250,000. The Foundation’s remittances to Reach Media under the agreement are limited to its Fantastic Voyage-related cash revenues; Reach Media bears the risk should the Fantastic Voyage sustain a loss and bears all credit risk associated with the related customer cabin sales. During the nine months ended September 30, 2013, Reach Media’s revenues, expenses, and operating income for the Fantastic Voyage were approximately $7.2 million, $6.0 million, and $1.2 million, respectively. During the nine months ended September 30, 2012, Reach Media’s revenues, expenses, and operating income were approximately $5.9 million, $4.9 million, and $1.0 million, respectively. Due to the nature of the Fantastic Voyage operating agreement, the balance owed by the Foundation to Reach Media increases significantly until the sailing date, and immediately decreases after the cruise ends. As of September 30, 2013, the Foundation owed Reach Media $7,000 related to the Fantastic Voyage 2013 and approximately $2.2 million related to Fantastic Voyage 2014, which sails in late March 2014. Certain Radio One radio stations carry the syndicated programs featured by Reach Media and for several of those stations, Reach Media paid station affiliation fees to Radio One of approximately $65,000 and $35,000 for the three months ended September 30, 2013 and 2012, respectively, and approximately $147,000 and $97,000 for the nine months ended September 30, 2013 and 2012, respectively. Reach Media leases office facilities from its Parent Company and two of its Parent Company’s subsidiaries, Syndication One, Inc. and TV One, Inc. The office space leased is either month-to-month or under longer term agreements through 2019. Rent and office expense paid to related parties was approximately $32,000 and $24,000 for the three months ended September 30, 2013 and 2012, and approximately $100,000 and $78,000 for the nine months ended September 30, 2013 and 2012, respectively. In December 2012, Reach Media entered into an agreement with Interactive One for web related support services for several of its syndicated radio shows. Under these agreements, Reach Media pays Interactive One the greater of an annual fee with a pre-determined minimum guarantee or a percentage of the revenue generated by the respective websites. Total expenses for these services were $173,000 and $485,000 for the three and nine months ended September 30, 2013, respectively. During 2012, Radio One paid Reach Media a fee to manage its syndicated programming division. The fee was based in part on a percentage of revenue and approximated $235,000 and $555,000 for the three and nine months ended September 30, 2012, respectively. Effective January 1, 2013, Radio One contributed its syndicated programming assets and operations to Reach Media and combined its sales functions associated with this programming with Reach Media. Consequently, the prior agreement to have Reach Media manage the syndicated programming division was terminated. Additionally, Reach Media had an agreement with Radio One that provided for the payment of annual management fees in exchange for certain corporate services. During the three and nine months ended September 30, 2012, Reach Media paid Radio One management fees of approximately $535,000 and $1.6 million, respectively. In connection with Radio One increasing its ownership interest in Reach Media from 53.5% to 80% effective December 31, 2012, the management agreement between the two companies was terminated. During the nine months ended September 30, 2013, Radio One advanced Reach Media approximately $5.0 million.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 + Details
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