SUBSEQUENT EVENTS
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9 Months Ended |
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Sep. 30, 2014
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Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS |
NOTE 18. SUBSEQUENT EVENTS Subsequent events reflect all applicable transactions through the date of the filing. On October 1, 2014, we completed the acquisition of radio station KXXT-AM in Phoenix, Arizona for $0.6 million in cash. We began operating the station under an LMA as of June 6, 2014. The accompanying Condensed Consolidated Statements of Operations reflect the operating results of this entity as of the LMA date. |
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
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