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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2012

Related Party Transaction [Line Items]

Summary of the carrying amounts of assets acquired and the adjustment to additional paid-in capital

A summary of the carrying amounts of assets acquired and the adjustment to additional paid-in capital is as follows:

Property and equipment		$	416,389
FCC broadcasting license			4,142,912
Carrying amount of assets acquired			4,559,301
Purchase price			4,500,000
Adjustment to additional paid-in capital		$	59,301

Schedule of Future Minimum Lease payment

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

Related Party [Member]

Related Party Transaction [Line Items]

Schedule of Future Minimum Lease payment

As of December 31, 2012, future minimum lease payments to related parties for the next five years and thereafter are summarized as follows:

2013		$	821,064
2014			754,525
2015			634,918
2016			582,987
2017			507,196
Thereafter			1,634,094
Total		$	4,934,784

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

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- Definition

Tabular disclosure of all of the fair values of the purchase price and assets and liabilities acquired in a business combination.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 805

-SubTopic 30

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

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