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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables) | 3 Months Ended
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Mar. 31, 2014
Accounting Policies [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] | The following table sets forth the calculation of basic and diluted earnings per share from continuing operations (in thousands, except share and per share data):
|  | Three Months Ended March 31, |
|  | 2014 |  | 2013 |
|  | (Unaudited) |
Numerator: |  |  |  |  |  |  |
Net loss attributable to common stockholders |  | $ | (25,183) |  | $ | (18,996) |
Denominator: |  |  |  |  |  |  |
Denominator for basic net loss per share - weighted-average outstanding shares |  |  | 47,441,175 |  |  | 49,861,964 |
Effect of dilutive securities: |  |  |  |  |  |  |
Stock options and restricted stock |  |  | - |  |  | - |
Denominator for diluted net loss per share - weighted-average outstanding shares |  |  | 47,441,175 |  |  | 49,861,964 |
Net loss attributable to common stockholders per share -basic and diluted |  | $ | (0.53) |  | $ | (0.38) |
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block] | All stock options and restricted stock awards were excluded from the diluted calculation for the three months ended March 31, 2014 and 2013, as their inclusion would have been anti-dilutive. The following table summarizes the potential common shares excluded from the diluted calculation.
|  | Three Months Ended March 31, |
|  | 2014 |  | 2013 |
|  | (Unaudited) |
|  | (In thousands) |
Stock options |  |  | 4,300 |  |  | 4,630 |
Restricted stock awards |  |  | 130 |  |  | 57 |
Fair Value, by Balance Sheet Grouping [Table Text Block] | As of March 31, 2014, and December 31, 2013, the fair values of our financial assets and liabilities are categorized as follows:
|  | Total |  | Level 1 |  | Level 2 |  | Level 3 |
|  | (Unaudited) |
|  | (In thousands) |
As of March 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |
Assets subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt securities (a) |  | $ | 913 |  | $ | 913 |  | $ | — |  | $ | — |
Government sponsored enterprise mortgage-backed securities (a) |  |  | 102 |  |  | — |  |  | 102 |  |  | — |
Mutual funds (a) |  |  | 2,335 |  |  | 2,335 |  |  | — |  |  | — |
Total |  | $ | 3,350 |  | $ | 3,248 |  | $ | 102 |  | $ | — |
Liabilities subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Incentive award plan (b) |  | $ | 2,220 |  | $ | — |  | $ | — |  | $ | 2,220 |
Employment agreement award (c) |  |  | 14,641 |  |  | — |  |  | — |  |  | 14,641 |
Total |  | $ | 16,861 |  | $ | — |  | $ | — |  | $ | 16,861 |
Mezzanine equity subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interests (d) |  | $ | 11,455 |  | $ | — |  | $ | — |  | $ | 11,455 |
As of December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |
Assets subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt securities (a) |  | $ | 147 |  | $ | 147 |  | $ | — |  | $ | — |
Mutual funds (a) |  |  | 2,315 |  |  | 2,315 |  |  | — |  |  | — |
Total |  | $ | 2,462 |  | $ | 2,462 |  | $ | — |  | $ | — |
Liabilities subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Incentive award plan (b) |  | $ | 2,114 |  | $ | — |  | $ | — |  | $ | 2,114 |
Employment agreement award (c) |  |  | 13,688 |  |  | — |  |  | — |  |  | 13,688 |
Total |  | $ | 15,802 |  | $ | — |  | $ | — |  | $ | 15,802 |
Mezzanine equity subject to fair value measurement: |  |  |  |  |  |  |  |  |  |  |  |  |
Redeemable noncontrolling interests (d) |  | $ | 11,999 |  | $ | — |  | $ | — |  | $ | 11,999 |
(a) Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. If quoted market prices are not available, fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. (b) These balances are measured based on the estimated enterprise fair value of TV One. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value. A third-party valuation firm assisted the Company in estimating TV One’s fair value. (c) Pursuant to an employment agreement (the “Employment Agreement”) executed in April 2008, the Chief Executive Officer (“CEO”) is eligible to receive an award amount equal to 8% of any proceeds from distributions or other liquidity events in excess of the return of the Company’s aggregate investment in TV One. The Company reviews the factors underlying this award at the end of each quarter including the valuation of TV One and an assessment of the probability that the employment agreement will be renewed and contain this provision. There are probability factors included in the calculation of the award related to the likelihood that the award will be realized. The Company’s obligation to pay the award will be triggered only after the Company’s recovery of the aggregate amount of its capital contribution in TV One and only upon actual receipt of distributions of cash or marketable securities or proceeds from a liquidity event with respect to the Company’s membership interest in TV One. The CEO was fully vested in the award upon execution of the Employment Agreement, and the award lapses if the CEO voluntarily leaves the Company or is terminated for cause. A third-party valuation firm assisted the Company in estimating TV One’s fair value. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value. The terms of the April 2008 employment agreement remain in effect including eligibility for the TV One award. (d) The redeemable noncontrolling interest in Reach Media is measured at fair value using a discounted cash flow methodology. A third-party valuation firm assisted the Company in estimating the fair value. Significant inputs to the discounted cash flow analysis include forecasted operating results, discount rate and a terminal value.
Fair Value, Liabilities Measured on Recurring Basis [Table Text Block] | The following table presents the changes in Level 3 liabilities measured at fair value on a recurring basis for the three months ended March 31, 2014 and 2013, respectively:
|  | Incentive Award Plan |  | Employment Agreement Award |  | Redeemable Noncontrolling Interests |
|  | (In thousands) |
Balance at December 31, 2013 |  | $ | 2,114 |  | $ | 13,688 |  | $ | 11,999 |
Net income attributable to noncontrolling interests |  |  | — |  |  | — |  |  | 10 |
Change in fair value |  |  | 106 |  |  | 953 |  |  | (554) |
Balance at March 31, 2014 |  | $ | 2,220 |  | $ | 14,641 |  | $ | 11,455 |
The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date |  | $ | (106) |  | $ | (953) |  | $ | — |
|  | Incentive Award Plan |  | Employment Agreement Award |  | Redeemable Noncontrolling Interests |
|  | (In thousands) |
Balance at December 31, 2012 |  | $ | 5,345 |  | $ | 11,374 |  | $ | 12,853 |
Net loss attributable to noncontrolling interests |  |  | — |  |  | — |  |  | (187) |
Change in fair value |  |  | — |  |  | 462 |  |  | 346 |
Balance at March 31, 2013 |  | $ | 5,345 |  | $ | 11,836 |  | $ | 13,012 |
The amount of total losses for the period included in earnings attributable to the change in unrealized losses relating to assets and liabilities still held at the reporting date |  | $ | — |  | $ | (462) |  | $ | — |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block] | For Level 3 assets and liabilities measured at fair value on a recurring basis, the significant unobservable inputs used in the fair value measurements were as follows:
|  |  |  |  |  | As of March 31, 2014 |  |  | As of December 31, 2013 |  |  | As of March 31, 2013 |
Level 3 liabilities |  | Valuation Technique |  | Significant Unobservable Inputs |  | Significant Unobservable Input Value |
Incentive award plan |  | Discounted Cash Flow |  | Discount Rate |  |  | 10.7 | % |  | 10.8 | % |  | 10.8 | %
Incentive award plan |  | Discounted Cash Flow |  | Long-term Growth Rate |  |  | 3.0 | % |  | 3.0 | % |  | 3.0 | %
Employment agreement award |  | Discounted Cash Flow |  | Discount Rate |  |  | 10.7 | % |  | 10.8 | % |  | 10.8 | %
Employment agreement award |  | Discounted Cash Flow |  | Long-term Growth Rate |  |  | 3.0 | % |  | 3.0 | % |  | 3.0 | %
Redeemable noncontrolling interest |  | Discounted Cash Flow |  | Discount Rate |  |  | 13.0 | % |  | 12.5 | % |  | 12.5 | %
Redeemable noncontrolling interest |  | Discounted Cash Flow |  | Long-term Growth Rate |  |  | 1.5 | % |  | 1.5 | % |  | 2.0 | %
Schedule of Derivative Liabilities at Fair Value [Table Text Block] | The fair values and the presentation of the Company’s derivative instruments in the consolidated balance sheets are as follows:
|  | Liability Derivatives |
|  | As of March 31, 2014 |  | As of December 31, 2013 |
|  | (Unaudited) |  |  |  |  |  |
|  | (In thousands) |
|  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |
Employment agreement award |  | Other Long-Term Liabilities |  | $ | 14,641 |  | Other Long-Term Liabilities |  | $ | 13,688 |
Total derivatives |  |  |  | $ | 14,641 |  |  |  | $ | 13,688 |
Schedule Of Derivative Instruments Not Designated As Hedging Instruments [Table Text Block] | The effect and the presentation of the Company’s derivative instruments on the consolidated statements of operations are as follows:
Derivatives Not Designated as Hedging Instruments |  | Location of Gain (Loss) in Income of Derivative |  | Amount of Gain (Loss) in Income of Derivative |
|  |  |  | Three Months Ended March 31, |
|  |  |  | 2014 |  | 2013 |
|  |  |  | (Unaudited) |
|  |  |  | (In thousands) |
Employment agreement award |  | Corporate selling, general and administrative expense |  | $ | (953) |  | $ | (462) |

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