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TOWER SALE AND LEASEBACK (Block) | 12 Months Ended
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Dec. 31, 2015
Tower Sale And Leaseback [Abstract] |
Tower Sale And Leaseback [Text Block] | 12. TOWER SALE AND LEASEBACK During the second quarter of 2013, the Company: (1) recorded current and deferred gain s of $1.6 million and $9.9 million, respectively, from the sale of certain towers; and (2) applied sale and leaseback accounting to the leases that the Company had entered into for radio station space on these same towers. All of the leases were accounted for as operating leases. The current gain was included in 2013 in the statement of operations under net (gain) loss on sale or disposal of assets. The deferred gain is amortized on a straight-line basis over the 16.5 year life of the lease s and during this period the gain will be reflected as a net (gain) loss on sale or disposal of assets. Minimum rental commitments at December 31, 2015 for these non-cancellable leases are included within the operating lease commitment table under Note 20.

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