Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Net broadcast revenue $ 192,923,000salm_NetBroadcastRevenue $ 188,544,000salm_NetBroadcastRevenue $ 187,640,000salm_NetBroadcastRevenue
Net digital media revenue 46,862,000salm_NetDigitalRevenue 35,156,000salm_NetDigitalRevenue 28,166,000salm_NetDigitalRevenue
Net publishing revenue 26,751,000salm_NetPublishingRevenue 13,234,000salm_NetPublishingRevenue 13,373,000salm_NetPublishingRevenue
Total net revenue 266,536,000us-gaap_SalesRevenueNet 236,934,000us-gaap_SalesRevenueNet 229,179,000us-gaap_SalesRevenueNet
Operating expenses:      
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $1,357, $1,428 and $1,454 for the years ended December 31, 2012, 2013 and 2014, respectively, paid to related parties) 138,564,000salm_BroadcastExpensesNet 129,857,000salm_BroadcastExpensesNet 126,514,000salm_BroadcastExpensesNet
Digital media operating expenses, exclusive of depreciation and amortization shown below 36,232,000salm_DigitalExpensesNet 25,741,000salm_DigitalExpensesNet 22,848,000salm_DigitalExpensesNet
Publishing operating expenses exclusive of depreciation and amortization shown below 26,143,000salm_PublishingExpensesNet 14,280,000salm_PublishingExpensesNet 13,339,000salm_PublishingExpensesNet
Unallocated corporate expenses, exclusive of depreciation and amortization shown below (including $386, $239 and $274 for the years ended December 31, 2012, 2013 and 2014, respectively, paid to related parties) 17,092,000us-gaap_GeneralAndAdministrativeExpense 16,081,000us-gaap_GeneralAndAdministrativeExpense 14,396,000us-gaap_GeneralAndAdministrativeExpense
Depreciation 12,629,000us-gaap_CostOfServicesDepreciation 12,448,000us-gaap_CostOfServicesDepreciation 12,343,000us-gaap_CostOfServicesDepreciation
Amortization 6,196,000us-gaap_CostOfServicesAmortization 2,814,000us-gaap_CostOfServicesAmortization 2,304,000us-gaap_CostOfServicesAmortization
Change in the estimated fair value of contingent earn-out consideration 734,000us-gaap_BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1      
Impairment of indefinite-lived long-term assets other than goodwill 34,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill 1,006,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill 88,000us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
Impairment of goodwill 45,000us-gaap_GoodwillImpairmentLoss 438,000us-gaap_GoodwillImpairmentLoss   
Impairment of long-lived assets       6,808,000us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf
(Gain) loss on the sale or disposal of assets 251,000us-gaap_GainLossOnDispositionOfAssets (264,000)us-gaap_GainLossOnDispositionOfAssets 49,000us-gaap_GainLossOnDispositionOfAssets
Total operating expenses 237,920,000us-gaap_CostsAndExpenses 202,401,000us-gaap_CostsAndExpenses 198,689,000us-gaap_CostsAndExpenses
Operating income from continuing operations 28,616,000us-gaap_OperatingIncomeLoss 34,533,000us-gaap_OperatingIncomeLoss 30,490,000us-gaap_OperatingIncomeLoss
Other income (expense):      
Interest income 45,000us-gaap_InvestmentIncomeInterest 68,000us-gaap_InvestmentIncomeInterest 106,000us-gaap_InvestmentIncomeInterest
Interest expense (including $427, $154 and $0 for the years ended December 31, 2012, 2013 and 2014, respectively, due to related parties) (15,993,000)us-gaap_InterestExpense (16,892,000)us-gaap_InterestExpense (24,911,000)us-gaap_InterestExpense
Change in the fair value of interest rate swap (2,702,000)us-gaap_UnrealizedGainLossOnDerivatives 3,177,000us-gaap_UnrealizedGainLossOnDerivatives   
Loss on early retirement of long-term debt (391,000)us-gaap_GainsLossesOnExtinguishmentOfDebt (27,795,000)us-gaap_GainsLossesOnExtinguishmentOfDebt (1,088,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
Net miscellaneous income and (expenses) 665,000us-gaap_OtherNonoperatingIncomeExpense 18,000us-gaap_OtherNonoperatingIncomeExpense 79,000us-gaap_OtherNonoperatingIncomeExpense
Income (loss) from continuing operations before income taxes 10,240,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest (6,891,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 4,676,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Provision for (benefit from) income taxes 4,765,000us-gaap_IncomeTaxExpenseBenefit (4,192,000)us-gaap_IncomeTaxExpenseBenefit 153,000us-gaap_IncomeTaxExpenseBenefit
Income (loss) from continuing operations 5,475,000us-gaap_IncomeLossFromContinuingOperations (2,699,000)us-gaap_IncomeLossFromContinuingOperations 4,523,000us-gaap_IncomeLossFromContinuingOperations
Loss from discontinued operations, net of tax    (37,000)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (95,000)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income (loss) $ 5,475,000us-gaap_NetIncomeLoss $ (2,736,000)us-gaap_NetIncomeLoss $ 4,428,000us-gaap_NetIncomeLoss
Basic earnings (loss) per share data:      
Earnings (loss) per share from continuing operations $ 0.21us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.11)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.18us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Earnings (loss) per share from discontinued operations         
Basic earnings (loss) per share $ 0.21us-gaap_EarningsPerShareBasic $ (0.11)us-gaap_EarningsPerShareBasic $ 0.18us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share data:      
Earnings (loss) per share from continuing operations $ 0.21us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.11)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.18us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Earnings (loss) from discontinued operations         
Diluted earnings (loss) per share $ 0.21us-gaap_EarningsPerShareDiluted $ (0.11)us-gaap_EarningsPerShareDiluted $ 0.18us-gaap_EarningsPerShareDiluted
Distributions per share $ 0.24us-gaap_CommonStockDividendsPerShareCashPaid $ 0.21us-gaap_CommonStockDividendsPerShareCashPaid $ 0.14us-gaap_CommonStockDividendsPerShareCashPaid
Basic weighted average shares outstanding 25,336,809us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 24,938,075us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 24,577,605us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted weighted average shares outstanding 26,081,175us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 24,938,075us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 24,986,966us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding