v2.3.0.15

EMPLOYEE SAVINGS AND BENEFIT PLANS (Block) | 9 Months Ended
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Sep. 30, 2011
Compensation And Retirement Disclosure Abstract |
Compensation And Employee Benefit Plans Text Block | 16. EMPLOYEE SAVINGS AND BENEFIT PLANS Deferred Compensation Plans The Company provides certain of its employees and the Board of Directors with an opportunity to defer a portion of their compensation on a tax-favored basis. The obligations by the Company to pay these benefits under the deferred compensation plans represent unsecured general obligations that rank equally with the Company's other unsecured indebtedness. Amounts deferred under these plans were included in other long-term liabilities in the consolidated balance sheets. Any change in the deferred compensation liability for each quarter is recorded to general and administrative expense and to station operating expenses in the statement of operations.
|  |  | Nine Months Ended
|  |  | September 30,
Benefit Plan Disclosures |  | 2011 |  | 2010
|  |  | (amounts in thousands)
Reconciliation Of Deferred Compensation Liabilities |  |  |  |  |  |  |
| Beginning of period balance, January 1 |  | $ | 6,622 |  |  | $ | 5,173
| Employee compensation deferrals |  |  | 631 |  |  |  | 683
| Employee compensation payments |  |  | (335) |  |  |  | (87)
| Increase (decrease) in plan fair value |  |  | (571) |  |  |  | 256
| End of period balance |  | $ | 6,347 |  |  | $ | 6,025
401(k) Savings Plan E ffective July 1, 2011, t he Company reinstated it s discretionary matching contribution, which is subject to certain conditions. The Company's previous discretionary matching contribution was suspended in 2008. The following table presents for the periods indicated the Company's contribution to the 401K Plan:
|  |  | Nine Months Ended
|  |  | September 30,
|  | 2011 |  | 2010
|  |  | (amounts in thousands)
401(K) savings plan expense |  | $ | 279 |  |  | $ | -

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- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + Details
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