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.

		Years Ended December 31,
Benefit Plan Disclosures		2012		2011		2010
		(amounts in thousands)

Deferred compensation
	Beginning of period balance	$	6,824	$	6,622	$	5,173
	Employee compensation deferrals		805		790		828
	Employee compensation payments		(210)		(534)		(87)
	Increase (decrease) in plan fair value		958		(54)		708
	End of period balance	$	8,377	$	6,824	$	6,622

The Company has a savings plan which is intended to be qualified under Section 401(k) of the Internal Revenue Code. The plan is a defined contribution plan, available to all eligible employees, and allows participants to contribute up to the legal maximum of their eligible compensation, not to exceed the maximum tax-deferred amount allowed by the Internal Revenue Service.

Effective July 1, 2011, the Company reinstated its 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 401(k) Plan:

	Years Ended December 31,
	2012		2011		2010
	(amounts in thousands)
401(k) savings plan expense	$	881	$	477	$	-