Significant Transactions - Additional Information (Detail) (USD $)
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1 Months Ended | 12 Months Ended | 1 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 2 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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Nov. 29, 2012
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Sep. 30, 2012
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Aug. 30, 2012
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Jun. 30, 2012
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May 31, 2012
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Mar. 31, 2012
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Mar. 07, 2012
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Sep. 28, 2010
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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May 21, 2012
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Dec. 12, 2012
9 5/8% Senior Secured Second Lien Notes
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Jun. 01, 2012
9 5/8% Senior Secured Second Lien Notes
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Dec. 12, 2011
9 5/8% Senior Secured Second Lien Notes
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Sep. 06, 2011
9 5/8% Senior Secured Second Lien Notes
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Jun. 01, 2011
9 5/8% Senior Secured Second Lien Notes
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Dec. 01, 2010
9 5/8% Senior Secured Second Lien Notes
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Jun. 01, 2010
9 5/8% Senior Secured Second Lien Notes
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Dec. 11, 2011
9 5/8% Senior Secured Second Lien Notes
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Nov. 17, 2011
Subordinated Debt Due Related Parties
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Dec. 31, 2011
Subordinated Debt Due Related Parties
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Dec. 31, 2012
Subordinated Debt Due Related Parties
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Sep. 12, 2012
Subordinated Debt Due Related Parties
Roland S. Hinz, a Salem board member
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May 21, 2012
Subordinated Debt Due Related Parties
Roland S. Hinz, a Salem board member
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Nov. 17, 2011
Subordinated Debt Due Related Parties
Stuart W.Epperson, Board of Directors Chairman
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Nov. 17, 2011
Subordinated Debt Due Related Parties
EdwardG. Atsinger III, Chief Executive Officer and Director
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Nov. 15, 2011
Revolver under senior credit facility
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Nov. 15, 2010
Revolver under senior credit facility
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Dec. 31, 2012
Revolver under senior credit facility
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Nov. 01, 2010
Revolver under senior credit facility
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Dec. 01, 2009
Revolver under senior credit facility
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Oct. 31, 2012
Godvine.com
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Oct. 02, 2012
Godvine.com
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Mar. 14, 2011
WDDZ-AM
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Jan. 05, 2012
Divestiture
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Mar. 01, 2011
WAMD-AM
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Feb. 25, 2011
KXMX-AM
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Jan. 06, 2011
KKMO-AM
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Sep. 01, 2010
Samaritan Fundraising
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Jun. 08, 2010
GodTube.com
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Feb. 12, 2010
HotAir.com
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Dec. 03, 2012
WMUU-FM
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Aug. 31, 2012
WLCC-AM,Tampa
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Aug. 30, 2012
SermonSpice.com
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May 29, 2012
FM translator
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May 15, 2012
Churchangel.com & rchurch.com
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Apr. 10, 2012
WKDL-AM
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Mar. 16, 2012
WBZS-AM
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Jan. 13, 2012
KTNO-AM
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Dec. 31, 2011
KTEK-AM
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Dec. 21, 2011
KTEK-AM
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Mar. 28, 2008
Business Acquisitions
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Mar. 28, 2011
WorshipHouse Media
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Aug. 03, 2010
WWRC-AM
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Feb. 25, 2011
Cash Transactions
KXMX-AM
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Mar. 16, 2012
Cash Transactions
WBZS-AM
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Mar. 28, 2008
Cash Transactions
Business Acquisitions
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Feb. 25, 2011
Promissory Notes
KXMX-AM
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Mar. 28, 2008
Notes Receivable
Business Acquisitions
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Summary of Investments, Other than Investments in Related Parties, Reportable Data [Line Items] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Principal repurchased or redeemed | $ 4,000,000 | $ 17,500,000 | $ 12,500,000 | $ 5,000,000 | $ 17,500,000 | $ 12,500,000 | $ 17,500,000 | $ 12,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt, purchase price | 4,100,000 | 18,000,000 | 12,900,000 | 5,100,000 | 18,000,000 | 12,900,000 | 18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Percent of debt purchase price | 103.00% | 103.00% | 103.00% | 102.875% | 103.00% | 103.00% | 103.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Gain (loss) on early retirement of long-term debt | (1,088,000) | (2,169,000) | (1,832,000) | (200,000) | (900,000) | (800,000) | (300,000) | (1,100,000) | (800,000) | (1,100,000) | |||||||||||||||||||||||||||||||||||||||||||||||||||
Unamortized Discount | 17,000 | 80,000 | 62,000 | 26,000 | 93,000 | 70,000 | 105,000 | 62,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Bond issue cost | 57,000 | 287,000 | 337,000 | 135,000 | 472,000 | 334,000 | 417,000 | 337,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquisition agreement | 8,560,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount due on close of Transaction | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount payable | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Advertising cost | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Acquisition payment date | 2014-04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business acquisition purchase price | 10,695,000 | 9,151,000 | 4,200,000 | 4,200,000 | 800,000 | 2,500,000 | 2,000,000 | 1,150,000 | 3,000,000 | 300,000 | 165,000 | 30,000 | 2,150,000 | 2,601,000 | 2,601,000 | 6,000,000 | 3,090,000 | ||||||||||||||||||||||||||||||||||||||||||||
Business Acquisition, Purchase Price Allocation, Goodwill Amount | 2,292,000 | 2,146,000 | 724,000 | 300,000 | 300,000 | 200,000 | 1,200,000 | 2,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
Long term loan from bank | 10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Maturity date of loan | Jun. 15, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Term loan outstanding amount | 7,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Credit facility, borrowing capacity | 12,000,000 | 6,000,000 | 3,000,000 | 6,000,000 | 40,000,000 | 30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Subordinated debt due to related parties | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Radio station sold amount | 1,000,000 | 800,000 | 12,000,000 | 2,700,000 | 11,000,000 | 800,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pre tax gain on sale of business | 300,000 | 2,100,000 | 2,400,000 | 200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A and Class B common stock, dividend declared per share | $ 0.035 | $ 0.035 | $ 0.035 | $ 0.035 | $ 0.035 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A and Class B common stock, dividend declared date | Mar. 07, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A and Class B common stock, dividend paid per share | $ 0.035 | $ 0.035 | $ 0.035 | $ 0.035 | $ 0.14 | $ 0.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Class A and Class B common stock, expected annual dividend payment | 3,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business acquisition, amount paid | 600,000 | 600,000 | 1,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business acquisition, amount reverse of note receivable | 1,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount of KTEK -AM assets sold | (49,000) | 4,153,000 | (255,000) | 7,800,000 | 4,500,000 | 3,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount received from notes receivable related to KTEK-AM assets sold | 1,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Unpaid portion of notes receivable related to KTEK-AM assets sold | 1,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of credit, amount outstanding | 9,000,000 | 15,000,000 | 33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of credit interest rate description | Outstanding amounts under each subordinated line of credit will bear interest at a rate equal to the lesser of (1) 5% per annum and (2) the maximum rate permitted for subordinated debt under the Credit Agreement referred to above plus 2% per annum. Interest is payable at the time of any repayment of principal. In addition, outstanding amounts under each subordinated line of credit must be repaid within three months from the time that such amounts are borrowed. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of credit, interest rate | 5.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of credit, interest rate above the maximum rate permitted for subordinate debt | 2.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amendment fees | 500,000 | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Revolving credit facility extend maturity date | 2014-12-01 | 2014-12-01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line of credit facility description | which is a revolving credit facility ("Revolver") entered on December 1, 2009, to among other things (1) extend the maturity date from December 1, 2012 to December 1, 2014 (2) change the interest rate applicable to LIBOR or the Wells Fargo base rate plus a spread to be determined based on our leverage ratio, (3) allow us to borrow and repay unsecured indebtedness provided certain conditions are met and (4) include step-downs related to our leverage ratio covenant. We incurred $0.5 million in fees to complete this amendment, which are being amortized over the remaining term of the credit agreement. The applicable interest rate relating to the amended credit agreement is LIBOR plus a spread of 3.0% per annum or the Base Rate (as defined in the credit agreement) plus a spread of 1.25% per annum, which is adjusted based on our leverage ratio | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt, interest rate over LIBOR | 3.00% | 3.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt, interest rate above base rate | 1.25% | 1.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Note due date | 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Pre tax loss on sale of business | (200,000) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate | 7.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Leverage ratio | 4.87 | 5.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Compensation for loss of property rights | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business acquisition, contingent consideration | $ 200,000 |