Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND RECENT TRANSACTIONS (Tables)

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ACQUISITIONS AND RECENT TRANSACTIONS (Tables)
 3 Months Ended
Mar. 31, 2015
Summary of Business Acquisitions and Asset Purchased
Acquisition Date Description   Total Cost  
  (Dollars in thousands)  
March 27, 2015 WDYZ-AM, Orlando, Florida (business acquisition)   $ 1,300  
February 6, 2015 Bryan Perry's Cash Machine and Premium Income (business acquisition)     158  
Various   Purchase of domain names and digital media assets (asset purchases)     122  
        $ 1,580  
Summary of Total Acquisition Consideration
Description Total Consideration  
(Dollars in thousands)  
Cash payments $ 1,357  
Escrow deposits paid in prior years   65  
Net present value of estimated deferred payments due 2016     88  
Net present value of estimated deferred payments due 2017     70  
Total purchase price consideration   $ 1,580  
Total Acquisition Consideration Allocated

Net Broadcast

Assets Acquired

   Net Digital Media Assets Acquired     Net Assets Acquired  
  (Dollars in thousands)  
Assets                  
Property and equipment $ 948     $ 10     $ 958  
Broadcast licenses     349       —       349  
Goodwill     3       3       6  
Domain and brand names     —       192       192  
Subscriber base and lists     —       522       522  
Liabilities                        
Deferred revenues     —       (447 )      (447 )
    $ 1,300     $ 280     $ 1,580