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INTANGIBLE ASSETS AND GOODWILL (Tables)
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12 Months Ended |
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of the changes in broadcasting license |
| | | Broadcasting Licenses | | | | Carrying Amount | | | | 2011 | | 2010 | | 2009 | | | | (amounts in thousands) | | | | | | | | | | | | | Beginning of period balance as of January 1, | | $ | 707,852 | | $ | 707,852 | | $ | 768,646 | | Impairment loss | | | 0 | | | 0 | | | (60,794) | | Acquisition (Note ##AcqN) | | | 8,050 | | | 0 | | | 0 | | Ending period balance as of December 31, | | $ | 715,902 | | $ | 707,852 | | $ | 707,852 |
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| Schedule of assumptions and estimates for broadcasting licences impairment testing |
| | Estimates And Assumptions | | | Second | | Second | | | Quarter | | Quarter | | | 2011 | | 2010 | | Discount rate | 10.0% | | 10.0% | | Operating profit margin ranges expected for average stations in the same markets where the Company operates | 19.5% to 41.5% | | 21.0% to 42.5% | | Long-term revenue growth rate range of the Company's markets | 1.5% to 2.0% | | 1.5% to 2.0% |
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| | Estimates And Assumptions | | | Second | | Second | | | Quarter | | Quarter | | | 2010 | | 2009 | | Discount rate | 10.0% | | 10.6% | | Operating profit margin ranges expected for average stations in the same markets where the Company operates | 21.0% to 42.5% | | 21.0% to 44.0% | | Long-term revenue growth rate range of the Company's markets | 1.5% to 2.0% | | 1.0% to 2.5% |
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| | Estimates And Assumptions | | | Second | | Fourth | | | Quarter | | Quarter | | | 2009 | | 2008 | | Discount rate | 10.6% | | 10.6% | | Operating profit margin ranges expected for average stations in the same markets where the Company operates | 21.0% to 44.0% | | 21.0% to 46.7% | | Long-term revenue growth rate range of the Company's markets | 1.0% to 2.5% | | 1.0% to 2.0% |
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| Schedule of changes in goodwill |
| | | | Goodwill Carrying Amount | | | | | 2011 | | 2010 | | 2009 | | | | | (amounts in thousands) | | Goodwill balance before cumulative loss | | | | | | | | | | on impairment as of January 1, | $ | 163,783 | | $ | 163,783 | | $ | 163,783 | | Accumulated loss on impairment as of January 1, | | (125,615) | | | (125,615) | | | (118,733) | | Goodwill beginning balance after cumulative loss | | | | | | | | | | on impairment as of January 1, | | 38,168 | | | 38,168 | | | 45,050 | | Loss on impairment during year | | 0 | | | 0 | | | (6,882) | | Acquisition (Note ##AcqN) | | 723 | | | 0 | | | 0 | | Goodwill ending balance as of December 31, | $ | 38,891 | | $ | 38,168 | | $ | 38,168 | | | | | | | | | | | | | | Goodwill balance before cumulative loss | | | | | | | | | | on impairment as of December 31, | $ | 164,506 | | $ | 163,783 | | $ | 163,783 | | Accumulated loss on impairment as of December 31, | | (125,615) | | | (125,615) | | | (125,615) | | Goodwill ending balance as of December 31, | $ | 38,891 | | $ | 38,168 | | $ | 38,168 |
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| Schedule of assumptions and estimates for goodwill impairment testing |
| | Estimates And Assumptions | | | Second | | Second | | | Quarter | | Quarter | | | 2011 | | 2010 | | Discount rate | 10.0% | | 10.0% | | Long-term revenue growth rate range of the Company's markets | 1.5% to 2.0% | | 1.5% to 2.0% | | Market multiple used in step one of the market valuation approach | 7.5x to 8.0x | | 7.5x to 8.0x |
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| | Estimates And Assumptions | | | Second | | Second | | | Quarter | | Quarter | | | 2010 | | 2009 | | Discount rate | 10.0% | | 10.6% | | Long-term revenue growth rate range of the Company's markets | 1.5% to 2.0% | | 1.0% to 2.5% | | Market multiple used in step one of the market valuation approach | 7.5x to 8.0x | | 6.0x |
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| | Estimates And Assumptions | | | Second | | Fourth | | | Quarter | | Quarter | | | 2009 | | 2008 | | Discount rate | 10.6% | | 10.6% | | Long-term revenue growth rate range of the Company's markets | 1.0% to 2.5% | | 1.0% to 2.0% | | Market multiple used in step one of the market valuation approach | 6.0x | | 6.0x |
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