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FCC Broadcasting Licenses (Tables)

12 Months Ended

Dec. 31, 2015

Text Block [Abstract]

Carrying Amount of Broadcasting Licenses

The changes in the carrying amount of FCC broadcasting licenses for the years ended December 31, 2014 and 2015 are as follows:

Balance as of January 1, 2014		$	108,961,730
Acquisitions of translator licenses			155,000
FCC broadcasting licenses received from asset exchange (see Note 3)			125,211,600
Balance as of December 31, 2014			234,328,330
Acquisitions of translator licenses			391,175
Balance as of December 31, 2015		$	234,719,505

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Tabular disclosure of change in FCC broadcasting licenses.

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