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Commitments and Contingencies
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
(14) Commitments and Contingencies

The Company leases property and equipment from third parties under five- to thirty-year operating leases. Lease expense was $2.4 million and $2.5 million for the years ended December 31, 2011 and 2012, respectively.

 

The Company also has various commitments for rating services, on-air personalities not employed by us, consultants and sports programming rights. As of December 31, 2012, future minimum payments to third parties for the next five years and thereafter are summarized as follows:

 

         

2013

  $ 6,896,238  

2014

    2,428,301  

2015

    2,255,899  

2016

    1,910,004  

2017

    1,522,302  

Thereafter

    7,989,168  
   

 

 

 

Total

  $ 23,001,912  
   

 

 

 

In the normal course of business, the Company is party to various legal matters. The ultimate disposition of these matters will not, in management’s judgment, have a material adverse effect on the Company’s financial position.