Mission Broadcasting 10-K 30 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 28, 2016	Jun. 30, 2015
Document And Entity Information [Abstract]
Entity Registrant Name	MISSION BROADCASTING INC
Entity Central Index Key	1,142,412
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 0
Entity Common Stock, Shares Outstanding		1,000
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015

BALANCE SHEETS

BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 4,361	$ 880
Accounts receivable, net of allowance for doubtful accounts of $154 and $90, respectively	9,370	6,895
Due from Nexstar Broadcasting, Inc.	51,978	29,867
Prepaid expenses and other current assets	1,364	1,726
Total current assets	67,073	39,368
Property and equipment, net	21,891	24,166
Goodwill	32,489	32,489
FCC licenses	41,563	41,563
Other intangible assets, net	18,892	21,310
Deferred tax assets, net	15,587	24,307
Other noncurrent assets, net	4,831	6,061
Total assets	202,326	189,264
Current liabilities:
Current portion of debt	2,335	1,837
Current portion of broadcast rights payable	1,174	1,413
Accounts payable	906	907
Accrued expenses	5,219	3,987
Other current liabilities	516	406
Total current liabilities	10,150	8,550
Debt	223,235	230,556
Other liabilities	9,351	8,667
Total liabilities	$ 242,736	$ 247,773
Commitments and contingencies
Shareholders' deficit:
Common stock - $1 par value, 1,000 shares authorized, issued and outstanding as of each of December 31, 2015 and 2014	$ 1	$ 1
Subscription receivable	(1)	(1)
Accumulated deficit	(40,410)	(58,509)
Total shareholders' deficit	(40,410)	(58,509)
Total liabilities and shareholders' deficit	$ 202,326	$ 189,264

BALANCE SHEETS (Parenthetical)

BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Accounts receivable, allowance for doubtful accounts	$ 154	$ 90
Shareholders' deficit:
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares issued (in shares)	1,000	1,000
Common stock, shares outstanding (in shares)	1,000	1,000

STATEMENTS OF OPERATIONS

STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues
Net broadcast revenue	$ 51,132	$ 36,498	$ 28,971
Revenue from Nexstar Broadcasting, Inc.	37,000	42,079	39,513
Net revenue	88,132	78,577	68,484
Operating expenses:
Direct operating expenses, excluding depreciation and amortization	24,601	18,135	14,550
Selling, general, and administrative expenses, excluding depreciation and amortization	3,536	3,188	3,235
Fees incurred pursuant to local service agreements with Nexstar Broadcasting, Inc.	9,780	9,780	9,740
Amortization of broadcast rights	5,766	5,844	6,034
Amortization of intangible assets	2,418	2,728	6,762
Depreciation	2,435	2,760	3,535
Total operating expenses	48,536	42,435	43,856
Income from operations	39,596	36,142	24,628
Interest expense	(9,325)	(10,014)	(16,181)
Loss on extinguishment of debt		(21)	(14,332)
Other expense			(302)
Income (loss) before income taxes	30,271	26,107	(6,187)
Income tax (expense) benefit	(12,172)	(10,023)	2,441
Net income (loss)	$ 18,099	$ 16,084	$ (3,746)

STATEMENTS OF CHANGES IN SHAREH

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($) $ in Thousands	Total	Common Stock [Member]	Subscription Receivable [Member]	Contra Equity Due from Nexstar Broadcasting, Inc. on Debt Issuance [Member]	Accumulated Deficit [Member]
Balance at Dec. 31, 2012	$ (260,771)	$ 1	$ (1)	$ (189,924)	$ (70,847)
Balance (in shares) at Dec. 31, 2012		1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Discount accretion on 8.875% senior secured second lien notes, Nexstar portion	(488)			(488)
Net income (loss)	(3,746)				(3,746)
Balance at Dec. 31, 2013	(74,593)	$ 1	(1)		(74,593)
Balance (in shares) at Dec. 31, 2013		1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of the 8.875% senior secured second lien notes, Nexstar portion	186,905			186,905
Nexstar interest payments on 8.875% senior second lien notes, net of interest accrual	3,507			$ 3,507
Net income (loss)	(3,746)				(3,746)
Balance at Dec. 31, 2013	(74,593)	$ 1	(1)		(74,593)
Balance (in shares) at Dec. 31, 2013		1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	16,084				16,084
Balance at Dec. 31, 2014	$ (58,509)	$ 1	(1)		(58,509)
Balance (in shares) at Dec. 31, 2014	1,000	1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 16,084				16,084
Balance at Dec. 31, 2014	$ (58,509)	$ 1	(1)		(58,509)
Balance (in shares) at Dec. 31, 2014	1,000	1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 18,099				18,099
Balance at Dec. 31, 2015	$ (40,410)	$ 1	(1)		(40,410)
Balance (in shares) at Dec. 31, 2015	1,000	1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 18,099				18,099
Balance at Dec. 31, 2015	$ (40,410)	$ 1	$ (1)		$ (40,410)
Balance (in shares) at Dec. 31, 2015	1,000	1,000

STATEMENTS OF CHANGES IN SHARE6

STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT (Parenthetical)	Dec. 31, 2013	Apr. 19, 2010
Senior Subordinated Notes [Member] | Senior Secured Second Lien Notes Due 2017 [Member]
Debt Instrument [Line Items]
Senior secured second lien notes, interest rate (in hundredths)	8.875%	8.875%

STATEMENTS OF CASH FLOWS

STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income (loss)	$ 18,099	$ 16,084	$ (3,746)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Deferred income taxes	10,992	9,580	(2,538)
Provision for bad debt	64	60	84
Depreciation of property and equipment	2,435	2,760	3,535
Amortization of intangible assets	2,418	2,728	6,762
Amortization of debt financing costs and debt discount	550	617	943
Amortization of broadcast rights, excluding barter	1,755	1,765	1,806
Payments for broadcast rights	(1,762)	(1,714)	(2,230)
Loss on asset disposal	98	70	177
Deferred gain recognition	(199)	(198)	(199)
Premium on debt extinguishment			(11,827)
Issue discount paid upon debt extinguishment			(3,397)
Loss on extinguishment of debt		21	14,332
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable	(2,539)	(1,896)	(1,520)
Prepaid expenses and other current assets	120	(160)	(30)
Other noncurrent assets	(29)	(49)	(58)
Accounts payable and accrued expenses	1,199	1,816	1,021
Interest payable			(2,734)
Other noncurrent liabilities	(156)	(121)	(312)
Due to/due from Nexstar Broadcasting, Inc.	(22,111)	(33,291)	4,359
Net cash provided by (used in) operating activities	10,934	(1,928)	4,428
Cash flows from investing activities:
Purchases of property and equipment	(258)	(236)	(165)
Refund (deposit) for acquisitions	150	(3,200)	(59,508)
Proceeds from disposal of property and equipment			3,080
Net cash used in investing activities	(108)	(3,436)	(56,593)
Cash flows from financing activities:
Proceeds from issuance of long-term debt		5,500	195,000
Repayments of long-term debt	(7,337)	(2,832)	(138,010)
Payments for debt financing costs	(8)	(140)	(1,427)
Net cash (used in) provided by financing activities	(7,345)	2,528	55,563
Net increase (decrease) in cash and cash equivalents	3,481	(2,836)	3,398
Cash and cash equivalents at beginning of period	880	3,716	318
Cash and cash equivalents at end of period	4,361	880	3,716
Supplemental information:
Interest paid	8,775	9,399	21,369
Income taxes paid, net of refunds	$ 1,000	667	130
Non-cash financing activities:
Accrued debt financing costs		$ 8	$ 72

Organization and Business Opera

Organization and Business Operations	12 Months Ended
	Dec. 31, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Business Operations	1. Organization and Business Operations As of December 31, 2015, Mission Broadcasting, Inc. (“Mission” or the “Company”) owned and operated 18 full power television stations, affiliated with the NBC, ABC, CBS, FOX or The CW television networks, in 17 markets located in the states of New York, Pennsylvania, Illinois, Indiana, Missouri, Louisiana, Texas, Vermont, Arkansas and Montana. The Company operates in one reportable television broadcasting segment. Through local service agreements, Nexstar Broadcasting, Inc. (“Nexstar”) provides sales and operating services to all of the Mission television stations (see Notes 2 and 4). The Company is highly leveraged, which makes it vulnerable to changes in general economic conditions. The Company’s ability to repay or refinance its debt will depend on, among other things, financial, business, market, competitive and other conditions, many of which are beyond its control, as well as Nexstar maintaining its pledge to continue the local service agreements with the Company’s stations. Management believes that with Nexstar’s pledge to continue the local service agreements, as described in a letter of support dated March 25, 2016, the Company’s available cash, anticipated cash flow from operations and available borrowings under its senior secured credit facility should be sufficient to fund working capital, capital expenditure requirements, interest payments and scheduled debt principal payments for at least the next twelve months from December 31, 2015, enabling Mission to continue to operate as a going concern. Nexstar’s senior secured credit facility agreement contains covenants which require Nexstar to comply with certain financial ratios, including (a) a maximum consolidated total net leverage ratio, (b) a maximum consolidated first lien net leverage ratio, and (c) a minimum consolidated fixed charge coverage ratio. The covenants, which are calculated on a quarterly basis, include the combined results of Nexstar and its consolidated variable interest entities, including Mission. The Company’s senior secured credit facility does not contain financial covenant ratio requirements; however, it does include an event of default if Nexstar does not comply with all covenants contained in its credit agreement. As of December 31, 2015, Nexstar has informed Mission that it was in compliance with the financial covenants contained in its credit agreement governing its senior secured credit facility.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Local Service Agreements and Purchase Options The following table summarizes the various local service agreements Mission’s stations had in effect as of December 31, 2015 with Nexstar: Service Agreements Stations TBA Only (1) WFXP and KHMT SSA & JSA (2) KJTL, KJBO-LP, KLRT, KASN, KOLR, KCIT, KCPN-LP, KAMC, KRBC, KSAN, WUTR, WAWV, WYOU, KODE, WTVO, KTVE, WTVW and WVNY (1) Mission has a time brokerage agreement (“TBA”) for each of these stations which allows Nexstar to program most of each station’s broadcast time, sell each station’s advertising time and retain the advertising revenue generated in exchange for monthly payments to Mission, based on the station’s monthly operating expenses. (2) Mission has both a shared services agreement (“SSA”) and a joint sales agreement (“JSA”) for each of these stations. Each SSA allows the Nexstar station in the market to provide services including news production, technical maintenance and security, in exchange for Nexstar’s right to receive certain payments from Mission as described in the SSAs. Each JSA permits Nexstar to sell certain of the station’s advertising time and retain a percentage of the related revenue, as described in the JSAs. Under these agreements, Mission is responsible for certain operating expenses of its stations and therefore may have unlimited exposure to any potential operating losses. Mission will continue to operate its stations under the SSAs and JSAs or TBAs until the termination of such agreements. The local service agreements generally have terms of eight to ten years. Nexstar indemnifies Mission from Nexstar’s activities pursuant to the local service agreements. In compliance with Federal Communications Commission (“FCC”) regulations for both Nexstar and Mission, Mission maintains complete responsibility for and control over programming, finances, personnel and operation of its stations. Under the local service agreements, Nexstar has received substantially all of Mission’s available cash, after satisfaction of operating costs and debt obligations. Mission anticipates that Nexstar will continue to receive substantially all of Mission’s available cash, after satisfaction of operating costs and debt obligations. Mission has granted Nexstar purchase options to acquire the assets and assume the liabilities of each Mission station, subject to FCC consent, for consideration equal to the greater of (1) seven times the station’s cash flow, as defined in the option agreement, less the amount of its indebtedness as defined in the option agreement, or (2) the amount of its indebtedness. Cash flow is defined as income or loss from operations, plus depreciation and amortization (including amortization of broadcast rights), interest income, non-cash trade and barter expenses, nonrecurring expenses (including time brokerage agreement fees), network compensation payments received or receivable and corporate management fees, less payments for broadcast rights, non-cash trade and barter revenue and network compensation revenue. Additionally, on November 29, 2011, Mission’s shareholders granted Nexstar an option to purchase any or all of the Company’s stock, subject to FCC consent, for a price equal to the pro rata portion of the greater of (1) five times the stations’ cash flow, as defined in the agreement, reduced by the amount of indebtedness, as defined in the agreement, or (2) $100,000. These option agreements (which expire on various dates between 2017 and 2024) are freely exercisable or assignable by Nexstar without consent or approval by Mission or its shareholders. The Company expects these option agreements to be renewed upon expiration. Nexstar is deemed under accounting principles generally accepted in the United States of America (“U.S. GAAP”) Characterization of SSA Fees The Company presents the fees incurred pursuant to SSAs with Nexstar as an operating expense in the Company’s Statements of Operations. The Company’s decision to characterize the SSA fees in this manner is based on management’s conclusion that (1) the benefit the Company’s stations receive from these local service agreements is sufficiently separate from the consideration paid to the Company from Nexstar under JSAs, (2) management can reasonably estimate the fair value of the benefit our stations receive under the SSA agreements, and (3) the SSA fees the Company pays to Nexstar do not exceed the estimated fair value of the benefits the Company’s stations receive. Basis of Presentation Certain prior year financial statement amounts have been reclassified to conform to the current year presentation. Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and use assumptions that affect the reported amounts of assets and liabilities and the disclosure for contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The more significant estimates made by management include those relating to the allowance for doubtful accounts, valuation of assets acquired and liabilities assumed in business combinations, retransmission revenue recognized, trade and barter transactions, income taxes, the recoverability of goodwill, FCC licenses and other long-lived assets, the recoverability of broadcast rights and the useful lives of property and equipment and intangible assets. Actual results may vary from such estimates recorded. Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of ninety days or less to be cash equivalents. Accounts Receivable and Allowance for Doubtful Accounts The Company’s accounts receivable consist primarily of billings to cable and satellite carriers for compensation associated with retransmission consent agreements. The Company maintains an allowance for doubtful accounts when necessary for estimated losses resulting from the inability of customers to make required payments. Management evaluates the collectability of accounts receivable based on a combination of factors, including customer payment history, known customer circumstances, the overall aging of customer balances and trends. In circumstances where management is aware of a specific customer’s inability to meet its financial obligations, an allowance is recorded to reduce the receivable amount to an amount estimated to be collected. Concentration of Credit Risk Financial instruments which potentially expose the Company to a concentration of credit risk consist principally of cash and cash equivalents and accounts receivable. Cash deposits are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits; however, the Company believes these deposits are maintained with financial institutions of reputable credit and are not subject to any unusual credit risk. A significant portion of the Company’s accounts receivable is due from cable or satellite operators. The Company does not require collateral from its customers, but maintains reserves for potential credit losses. Management believes that the allowance for doubtful accounts is adequate, but if the financial condition of the Company’s retransmission carriers were to deteriorate, additional allowances may be required. The Company has not experienced significant losses related to receivables from individual customers or by geographical area. Revenue Recognition The Company’s revenue is primarily derived from the sale of television advertising by Nexstar under JSAs, retransmission compensation and other broadcast related revenues: • Revenue from Nexstar, representing a percentage of net advertising revenue derived from the sale of commercials on the Company’s stations, is recognized in the period during which the spots are broadcast. • Retransmission compensation is recognized based on the estimated number of subscribers over the contract period, based on historical levels and trends for individual providers. • Other revenues, which include tower rent revenue and network compensation, are recognized in the period during which the services are provided. The Company barters advertising time for certain program material. These transactions, except those involving exchange of advertising time for network programming, are recorded at management’s estimate of the fair value of the advertising time exchanged, which approximates the fair value of the program material received. The fair value of advertising time exchanged is estimated by applying average historical advertising rates for specific time periods. Revenue from barter transactions is recognized as the related advertisement spots are broadcast. Barter expense is recognized at the time program broadcast rights assets are used. The Company recorded $4.0 million, $4.1 million and $4.2 million of barter revenue and barter expense for the years ended December 31, 2015, 2014 and 2013, respectively. Barter expense is included in amortization of broadcast rights in the Company’s Statements of Operations. The Company determines whether gross or net presentation is appropriate based on its relationship in the applicable transactions with its ultimate customer. Broadcast Rights and Broadcast Rights Payable The Company records broadcast rights contracts as an asset and a liability when the following criteria are met: (1) the license period has begun, (2) the cost of each program is known or reasonably determinable, (3) the program material has been accepted in accordance with the license agreement, and (4) the program is produced and available for broadcast. Cash broadcast rights are initially recorded at the contract cost. Barter broadcast rights are recorded at fair value, which is estimated by using average historical advertising rates for the time periods where the programming will air. Broadcast rights are amortized on a straight-line basis over the period the programming airs. The current portion of broadcast rights represents those rights available for broadcast which will be amortized in the succeeding year. At least quarterly, the Company evaluates the net realizable value, calculated using the average historical advertising rates for the programs or the time periods the programming will air, of broadcast rights and adjusts amortization in that quarter for any deficiency calculated. Property and Equipment, Net Property and equipment is stated at cost or estimated fair value at the date of acquisition. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the accounts and the gain or loss on disposition is recognized. Major renewals and betterments are capitalized and ordinary repairs and maintenance are charged to expense in the period incurred. Depreciation is computed on a straight-line basis over the estimated useful lives of the assets (see Note 5). Intangible Assets, Net Intangible assets consist primarily of goodwill, broadcast licenses (“FCC licenses”), network affiliation agreements and customer relationships arising from acquisitions. The purchase prices of acquired businesses are allocated to the assets and liabilities acquired at estimated fair values at the date of acquisition using various valuation techniques, including discounted projected cash flows, the cost approach and the income approach. The excess of the purchase price over the fair value of net assets acquired is recorded as goodwill. The Company’s goodwill and FCC licenses are considered to be indefinite-lived intangible assets and are not amortized but are tested for impairment annually in the Company’s fourth quarter or whenever events or changes in circumstances indicate that such assets might be impaired. The use of an indefinite life for FCC licenses contemplates the Company’s historical ability to renew its licenses and that such renewals generally may be obtained indefinitely and at little cost. Therefore, cash flows derived from the FCC licenses are expected to continue indefinitely. Network affiliation agreements are subject to amortization computed on a straight-line basis over the estimated useful life of 15 years. The 15 year life assumes affiliation contracts will be renewed upon expiration. Changes in the likelihood of renewal could require a change in the useful life of such assets and cause an acceleration of amortization. The Company evaluates the remaining lives of its network affiliations whenever changes occur in the likelihood of affiliation contract renewals, and at least on an annual basis. The Company aggregates its stations by market (a total of 17 reporting units) for purposes of goodwill and FCC license impairment testing because management views, manages and evaluates its stations on a market basis. The Company first assesses the qualitative factors to determine the likelihood of the goodwill and FCC licenses being impaired. The qualitative analysis includes, but is not limited to, assessing the changes in macroeconomic conditions, regulatory environment, industry and market conditions, and the financial performance versus budget of the reporting units, as well as any other events or circumstances specific to the reporting units or the FCC licenses. If it is more likely than not that a reporting unit’s goodwill or a station’s FCC license is greater than its carrying amount, no further testing will be required. Otherwise, the Company will apply the quantitative impairment test method. The quantitative impairment test for FCC licenses consists of a market-by-market comparison of the carrying amount of FCC licenses with their fair value, using a discounted cash flow analysis. The quantitative impairment test for goodwill utilizes a two-step fair value approach. The first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of the reporting unit to its carrying amount. The fair value of a reporting unit is determined using a discounted cash flow analysis. If the fair value of the reporting unit exceeds its carrying amount, goodwill is not considered impaired. If the carrying amount of the reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. The implied fair value of goodwill is determined by performing an assumed purchase price allocation, using the reporting unit fair value (as determined in Step 1) as the purchase price. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recognized in an amount equal to that excess. Determining the fair value of reporting units requires management to make a number of judgments about assumptions and estimates that are highly subjective and that are based on unobservable inputs. The actual results may differ from these assumptions and estimates, and it is possible that such differences could have a material impact on the Company’s Financial Statements. In addition to the various inputs (i.e., market growth, operating profit margins, discount rates) used to calculate the fair value of FCC licenses and reporting units, the Company evaluates the reasonableness of its assumptions by comparing the total fair value of all its reporting units to its total market capitalization; and by comparing the fair values of its reporting units and FCC licenses to recent market television station sale transactions. The Company tests finite-lived intangible assets and other long-lived assets for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable, relying on a number of factors including operating results, business plans, economic projections and anticipated future cash flows. An impairment in the carrying amount of a finite-lived intangible asset is recognized when the expected discounted future operating cash flow derived from the operation to which the asset relates is less than its carrying value. The impairment test for finite-lived intangible assets consists of an asset (asset group) comparison of the carrying amount with their fair value, using a discounted cash flow analysis. Debt Financing Costs Debt financing costs represent direct costs incurred to obtain long-term financing and are amortized to interest expense over the term of the related debt using the effective interest method. Previously capitalized debt financing costs are expensed and included in loss on extinguishment of debt if the Company determines that there has been a substantial modification of the related debt. As discussed under Recent Accounting Pronouncements below, the Company early adopted the FASB issued guidance related to the presentation of debt financing costs. The guidance requires costs paid to third parties that are directly attributable to issuing a debt instrument to be presented as a direct deduction from the carrying value of the debt as opposed to an asset. As of December 31, 2015 and 2014, debt financing costs related to term loans of $2.3 million and $2.8 million, respectively, were presented as a direct deduction from the carrying amount of debt. Debt financing costs related to the revolving credit facility of $0.1 million at each of December 31, 2015, and 2014 were included in other noncurrent assets. Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and certain items that are excluded from net income (loss) and recorded as a separate component of shareholders’ deficit. During the years ended December 31, 2015, 2014 and 2013, the Company had no items of other comprehensive income (loss) and, therefore, comprehensive income (loss) does not differ from reported net income (loss). Financial Instruments The Company utilizes the following categories to classify the valuation methodologies for fair values of financial assets and liabilities: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). The carrying amount of cash and cash equivalents, accounts receivable, broadcast rights payable, accounts payable and accrued expenses approximates fair value due to their short-term nature. See Note 7 for fair value disclosures related to the Company’s debt. Income Taxes The Company accounts for income taxes under the asset and liability method which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and tax basis of assets and liabilities. A valuation allowance is applied against net deferred tax assets if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that each uncertain tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. The Company recognizes interest and penalties relating to income taxes within income tax expense. As discussed under Recent Accounting Pronouncements below, the Company early adopted the FASB issued guidance related to the presentation of deferred tax assets and liabilities. The guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent in the balance sheet. Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) In April 2015, the FASB issued ASU No. 2015-03, Interest, Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs Interest, Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842).

Acquisition

Acquisition	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Acquisitions	3. Acquisitions 2013 Acquisitions WVNY On March 1, 2013, the Company acquired the assets of WVNY, the ABC affiliate in the Burlington-Plattsburgh, Vermont market, from Smith Media, LLC for $5.7 million in cash, funded by a combination of the Company’s $5.0 million borrowings under its revolving credit facility and cash on hand. This acquisition allows the Company entrance into this market. No significant transaction costs were incurred in connection with this acquisition during the year ended December 31, 2013. The fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands): Prepaid expenses and other current assets $ 23 Property and equipment 717 FCC licenses 2,797 Network affiliation agreements 1,060 Other intangible assets 32 Goodwill 1,032 Net assets acquired $ 5,661 The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in programming and other station operating costs. The goodwill and FCC licenses are deductible for tax purposes. The intangible asset related to the network affiliation agreements acquired is amortized over 15 years. Other intangible assets are amortized over an estimated weighted average useful life of 5 months. WVNY’s net revenue of $2.9 million and operating income of $1.5 million from the date of acquisition to December 31, 2013 have been included in the accompanying Statement of Operations. KLRT/KASN Effective January 1, 2013, Mission acquired the assets of KLRT, the FOX affiliate, and KASN, the CW affiliate, both in the Little Rock, Arkansas market, from Newport Television LLC and Newport Television License LLC for $59.7 million in cash. Pursuant to the terms of the purchase agreement, Mission made an initial payment of $6.0 million against the purchase price on July 18, 2012. The remainder of the purchase price was funded by Mission through the proceeds of $60.0 million term loan under its senior secured credit facility. This acquisition allows Mission entrance into this market. The fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands): Broadcast rights $ 2,279 Prepaid expenses and other current assets 71 Property and equipment 11,153 FCC licenses 16,827 Network affiliation agreements 17,002 Other intangible assets 2,511 Goodwill 12,727 Other assets 7 Total assets acquired 62,577 Less: Broadcast rights payable (2,492 ) Less: Accounts payable and accrued expenses (386 ) Net assets acquired $ 59,699 The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in programming and other station operating costs. The goodwill and FCC licenses are deductible for tax purposes. The intangible asset related to the network affiliation agreements acquired is amortized over 15 years. Other intangible assets are amortized over an estimated weighted average useful life of one year. KLRT/KASN’s net revenue of $20.4 million and operating income of $9.4 million during the year ended December 31, 2013 have been included in the accompanying Statement of Operations. No significant transaction costs were incurred in connection with this acquisition during the year ended December 31, 2013. Unaudited Pro Forma Information The WVNY acquisition is immaterial. Thus, no pro forma information was provided for this acquisition. The following unaudited pro forma information has been presented as if the acquisition of KLRT and KASN had occurred on January 1, 2012, for the year ended December 31, 2013 (in thousands): Net revenue $ 68,484 Loss before income taxes (5,924 ) Net loss (3,584 ) The above selected unaudited pro forma information is presented for illustrative purposes only and is not necessarily indicative of the results of operations in future periods or results that would have been achieved had the Company owned the acquired stations during the specified period. Pending Acquisition Parker On May 27, 2014, Mission assumed the rights, title and interest to an existing purchase agreement to acquire Parker Broadcasting of Colorado, LLC, the owner of television station KFQX, the FOX affiliate in the Grand Junction, Colorado market, for $4.0 million in cash, subject to adjustments for working capital. In connection with this assumption, Mission paid a deposit of $3.2 million on June 13, 2014 and expects to fund the remaining purchase price through cash generated from operations prior to closing. The acquisition is subject to FCC approval and other customary conditions and Mission expects it to occur in 2016. The acquisition will allow the Company entrance into this market. No significant transaction costs were incurred in connection with this acquisition during the year ended December 31, 2014.

Local Service Agreements with N

Local Service Agreements with Nexstar	12 Months Ended
	Dec. 31, 2015
Local Service Agreements [Abstract]
Local Service Agreements with Nexstar	4. Local Service Agreements with Nexstar The Company has entered into local service agreements with Nexstar to provide sales and/or operating services to all of its stations. For the stations with an SSA, the Nexstar station in the market provides certain services including news production, technical maintenance and security, in exchange for monthly payments to Nexstar. For each station that the Company has entered into an SSA, it has also entered into a JSA, whereby Nexstar sells certain advertising time of the station and retains a percentage of the related revenue. For the stations with a TBA, Nexstar programs most of the station’s broadcast time, sells the station’s advertising time and retains the advertising revenue it generates in exchange for monthly payments to Mission, based on the station’s monthly operating expenses. JSA and TBA fees generated from Nexstar under the agreements are reported as “Revenue from Nexstar Broadcasting, Inc.,” and SSA fees incurred by Mission under the agreements are reported as “Fees incurred pursuant to local service agreements with Nexstar Broadcasting, Inc.” in the accompanying Statements of Operations. Under these agreements, Mission is responsible for certain operating expenses of its stations and therefore may have unlimited exposure to any potential operating losses. Mission will continue to operate its stations under the SSAs and JSAs or TBAs until the termination of such agreements. The local service agreements generally have a term of eight to ten years. Nexstar indemnifies Mission from Nexstar’s activities pursuant to the local service agreements to which Nexstar is a party. Under the local service agreements, Nexstar receives substantially all of the Company’s available cash, after satisfaction of operating costs and debt obligations. The Company anticipates that Nexstar will continue to receive substantially all of its available cash, after satisfaction of operating costs and debt obligations. In compliance with FCC regulations for both the Company and Nexstar, Mission maintains complete responsibility for and control over programming, finances, personnel and operations of its stations. The Company had the following local service agreements in effect with Nexstar as of December 31, 2015: Station Market Type of Agreement Expiration Consideration WFXP Erie, PA TBA 8/16/16 Monthly payments received from Nexstar KHMT Billings, MT TBA 12/13/17 Monthly payments received from Nexstar KJTL/KJBO-LP Wichita Falls, TX-Lawton, OK SSA JSA 5/31/19 5/31/19 $60 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WYOU Wilkes Barre-Scranton, PA SSA JSA 1/4/2018 9/30/24 $35 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KODE Joplin, MO-Pittsburg, KS SSA JSA 3/31/22 9/30/24 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KRBC Abilene-Sweetwater, TX SSA JSA 6/12/23 6/30/23 $25 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KSAN San Angelo, TX SSA JSA 5/31/24 5/31/24 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WAWV Terre Haute, IN SSA JSA 5/8/23 5/8/23 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KCIT/KCPN-LP Amarillo, TX SSA JSA 4/30/19 4/30/19 $50 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KAMC Lubbock, TX SSA JSA 2/15/19 2/15/19 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KOLR Springfield, MO SSA JSA 2/15/19 2/15/19 $150 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WUTR Utica, NY SSA JSA 3/31/24 3/31/24 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WTVO Rockford, IL SSA JSA 10/31/24 10/31/24 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KTVE Monroe, LA-El Dorado, AR SSA JSA 1/16/18 1/16/18 $20 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WTVW Evansville, IN SSA JSA 11/30/19 11/30/19 $50 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KLRT/KASN Little Rock-Pine Bluff, AR SSA JSA 1/1/21 1/1/21 $150 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WVNY Burlington-Plattsburgh, VT SSA JSA 3/1/21 3/1/21 $20 thousand per month paid to Nexstar 70% of net revenue received from Nexstar

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property Plant And Equipment [Abstract]
Property and Equipment	5. Property and Equipment Property and equipment consisted of the following, as of December 31 (dollars in thousands): Estimated useful life, in years 2015 2014 Buildings and improvements 39 $ 8,247 $ 8,115 Land N/A 1,688 1,688 Leasehold improvements term of lease 70 70 Studio and transmission equipment 5-15 41,848 42,730 Computer equipment 3-5 550 555 Furniture and fixtures 7 830 817 Vehicles 5 762 791 Construction in progress N/A - 33 53,995 54,799 Less: accumulated depreciation (32,104 ) (30,633 ) Property and equipment, net $ 21,891 $ 24,166 In 2001, entities acquired by the Company sold certain of their telecommunications tower facilities for cash and then entered into noncancelable operating leases with the buyer for tower space. In connection with this transaction, a gain on the sale was deferred and is being recognized over the lease term which expires in May 2021. As of December 31, 2015 and 2014, the balance of deferred gain included $0.8 million and $1.0 million, respectively, in other noncurrent liabilities in the accompanying Balance Sheets and $0.2 million in other current liabilities as of each of the years then ended.

Intangible Assets and Goodwill

Intangible Assets and Goodwill	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets and Goodwill	6. Intangible Assets and Goodwill Intangible assets subject to amortization consisted of the following, as of December 31 (dollars in thousands): Estimated 2015 2014 useful life, Accumulated Accumulated in years Gross Amortization Net Gross Amortization Net Network affiliation agreements 15 $ 84,505 $ (66,583 ) $ 17,922 $ 84,505 $ (64,419 ) $ 20,086 Other definite-lived intangible assets 1-15 15,661 (14,691 ) 970 15,661 (14,437 ) 1,224 Other intangible assets $ 100,166 $ (81,274 ) $ 18,892 $ 100,166 $ (78,856 ) $ 21,310 The estimated useful life of network affiliation agreements contemplates renewals of the underlying agreements based on the Company’s historical ability to renew such agreements without significant cost or modifications to the conditions from which the value of the affiliation was derived. These renewals can result in estimated useful lives of individual affiliations ranging from 12 to 20 years. Management has determined that 15 years is a reasonable estimate within the range of such estimated useful lives. No events or circumstances were noted leading management to conclude that impairment testing should be performed on intangible assets subject to amortization during 2015, 2014 and 2013. The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years and thereafter for definite-lived intangibles assets as of December 31, 2015 (in thousands): 2016 $ 2,417 2017 2,294 2018 2,002 2019 1,793 2020 1,396 Thereafter 8,990 $ 18,892 The carrying amounts of goodwill and FCC licenses for the years ended December 31, 2015 and 2014 are as follows (in thousands): Goodwill FCC Licenses Accumulated Accumulated Gross Impairment Net Gross Impairment Net Balances as of December 31, 2014 $ 34,039 $ (1,550 ) $ 32,489 $ 52,260 $ (10,697 ) $ 41,563 Balances as of December 31, 2015 34,039 (1,550 ) 32,489 52,260 (10,697 ) 41,563 The Company did not perform interim impairment tests for goodwill or FCC licenses as there were no indicators of impairment during the first three quarters of 2015. In the fourth quarters of 2015 and 2014, the Company performed annual impairment tests on goodwill and FCC licenses using the qualitative analysis approach and concluded during both years that it was more likely than not that the fair value of the reporting units and the fair value of FCC licenses would sufficiently exceed their respective carrying amounts. Thus, it was not necessary to perform the quantitative test method. The Company’s quantitative annual impairment test of goodwill and FCC licenses performed as of December 31, 2013 resulted in no impairment charge being recognized.

Debt

Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Debt	7. Debt Long-term debt consisted of the following, as of December 31 (in thousands): 2015 2014 Term loans, net of financing costs and discount of $2,657 and $3,171, respectively $ 225,570 $ 226,893 Revolving loans - 5,500 225,570 232,393 Less: current portion (2,335 ) (1,837 ) $ 223,235 $ 230,556 As discussed in Note 2, the Company early adopted the FASB issued guidance related to the presentation of debt financing costs in the Balance Sheets. The guidance requires costs paid to third parties that are directly attributable to issuing a debt instrument to be presented as a direct deduction from the carrying value of the debt as opposed to an asset. The Company has applied the change in accounting during the third quarter of 2015 with retrospective application to prior periods. As such, the amounts previously reported as other noncurrent assets and debt in the Balance Sheet as of December 31, 2014 related to term loans were decreased by $2.8 million. Senior Secured Credit Facility As of December 31, 2015 and 2014, the Mission senior secured credit facility (the “Mission Facility”) had $225.6 million and $226.9 million term loans outstanding, respectively. As of December 31, 2014, Mission had $5.5 million outstanding under its revolving credit facility which it fully repaid in January 2015. The Mission Term Loan B-2, which matures in October 2020, is payable in consecutive quarterly installments of 0.25%, with the remainder due at maturity. During each of the years ended December 31, 2015 and 2014, Mission repaid scheduled maturities of $1.8 million of its term loans. Interest rates are selected at Mission’s option and the applicable margin is adjusted quarterly as defined in Mission’s amended credit agreement. The interest rate of Mission’s Term Loan B-2 was 3.75% as of each of the years ended December 31, 2015 and 2014. The interest rate on Mission’s revolving loans was 2.2% and 2.4% as of December 31, 2015 and 2014, respectively. Interest is payable periodically based on the type of interest rate selected. Additionally, Mission is required to pay quarterly commitment fees on the unused portion of its revolving loan commitment of 0.5% per annum. On January 27, 2016, Nexstar entered into a definitive merger agreement with Media General, Inc. (“Media General”) whereby Nexstar will acquire Media General’s outstanding equity. In connection with this transaction, Nexstar has received commitment from a group of commercial banks to provide the debt financing to consummate the merger and refinance certain existing indebtedness of Nexstar, Media General and certain of their variable interest entities. The refinancing will include Mission’s outstanding term loans and revolving loans and is projected to occur in the fourth quarter of 2016. 8.875% Senior Secured Second Lien Notes On April 19, 2010, Mission and Nexstar, as co-issuers, completed the issuance and sale of $325.0 million senior secured second lien notes due 2017 (the “8.875% Notes”). In 2013, Mission and Nexstar retired the 8.875% Notes. Mission repurchased $135.3 million principal balance at an average redemption price of 108.74%, plus accrued and unpaid interest, funded by cash on hand. The redemption resulted in a loss on extinguishment of debt of $14.2 million in Mission’s Statement of Operations, representing premiums paid to retire the notes and write-off of unamortized debt issuance costs and debt discounts. The remaining principal balance under the 8.875% Notes was repurchased by Nexstar and resulted in a net reduction to the contra equity due from Nexstar Broadcasting, Inc. of $186.9 million in Mission’s Statement of Changes in Shareholders’ Deficit. Unused Commitments and Borrowing Availability As of December 31, 2015, the Company had $8.0 million of total unused revolving loan commitments under the Mission Facility, all of which was available for borrowing, based on the covenant calculations. Collateralization and Guarantees of Debt Nexstar Broadcasting Group, Inc. and its subsidiaries guarantee full payment of all obligations under the Mission Facility in the event of its default. Similarly, Mission is a guarantor of Nexstar’s bank credit facility, Nexstar’s 6.875% senior unsecured notes (the “6.875% Notes”) and Nexstar’s 6.125% senior unsecured notes (“6.125% Notes”). The bank credit facilities are collateralized by a security interest in substantially all the combined assets, excluding FCC licenses, of Mission and Nexstar. See Note 11 for additional information on Mission’s guarantee of Nexstar’s debt. Debt Covenants The Mission Facility does not require financial covenant ratios, but does provide for default in the event Nexstar does not comply with all covenants contained in its credit agreement. Nexstar was in compliance with its financial covenants as of December 31, 2015. Fair Value of Debt The aggregate carrying amounts and estimated fair values of the Company’s debt were as follows, as of December 31 (in thousands): 2015 2014 Carrying Fair Carrying Fair Amount Value Amount Value Term loans (1) $ 225,570 $ 225,252 $ 226,893 $ 227,195 Revolving loans (1) - - 5,500 5,386 (1) The fair value of senior secured credit facilities is computed based on borrowing rates currently available to Mission for bank loans with similar terms and average maturities. These fair value measurements are considered Level 3, as significant inputs to the fair value calculation are unobservable in the market. Debt Maturities The scheduled maturities of the Company’s debt, excluding the unamortized discount and certain debt financing costs, as of December 31, 2015 are summarized as follows (in thousands): 2016 $ 2,335 2017 2,335 2018 2,335 2019 2,335 2020 218,887 $ 228,227

Common Stock

Common Stock	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Common Stock	8. Common Stock The Company is owned by two shareholders, Nancie J. Smith, Chairman of the Board and Secretary, and Dennis Thatcher, President, Treasurer and Director. As of December 31, 2015 and 2014

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	9. Income Taxes The income tax expense (benefit) consisted of the following components for the years ended December 31 (in thousands): 2015 2014 2013 Current tax expense (benefit): Federal $ 488 $ 403 $ (4 ) State 692 56 101 1,180 459 97 Deferred tax expense (benefit): Federal 9,635 7,899 (2,128 ) State 1,357 1,665 (410 ) 10,992 9,564 (2,538 ) Income tax expense (benefit) $ 12,172 $ 10,023 $ (2,441 ) The income tax expense (benefit) differs from the amount computed by applying the statutory federal income tax rate of 35% to income (loss) before income taxes. The sources and tax effects of the differences were as follows, for the years ended December 31 (in thousands): 2015 2014 2013 Income tax expense (benefit) at 35% statutory federal rate $ 10,595 $ 9,137 $ (2,165 ) State and local taxes, net of federal benefit 1,154 1,020 (173 ) Other 423 (134 ) (103 ) Income tax expense (benefit) $ 12,172 $ 10,023 $ (2,441 ) The components of the net deferred tax asset were as follows, as of December 31 (in thousands): 2015 2014 Deferred tax assets: Net operating loss carryforwards $ 30,246 $ 37,566 Rent 1,436 1,186 Other 1,351 1,277 Total deferred tax assets 33,033 40,029 Deferred tax liabilities: Property and equipment (3,724 ) (3,638 ) Goodwill (4,767 ) (3,866 ) Other intangible assets (1,718 ) (1,974 ) FCC licenses (7,237 ) (6,244 ) Total deferred tax liabilities (17,446 ) (15,722 ) Net deferred tax assets $ 15,587 $ 24,307 During the years ended December 31, 2015, 2014 and 2013, there were no changes to the gross unrecognized tax benefit of $3.7 million. If the gross unrecognized tax benefit were recognized, it would result in a favorable effect on the Company’s effective tax rate. The Company does not expect the amount of unrecognized tax benefits to significantly change in the next twelve months. Interest expense and penalties related to the Company’s uncertain tax positions would be reflected as a component of income tax expense in the Company’s Statements of Operations. For the years ended December 31, 2015, 2014 and 2013, the Company did not accrue interest on the unrecognized tax benefits as an unfavorable outcome upon examination would not result in a cash outlay but would reduce NOLs. The Company files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. The Company is subject to U.S. federal tax examinations for years after 2011. Additionally, any NOLs that were generated in prior years and utilized in the current or future years may also be subject to examination by the Internal Revenue Service. State jurisdictions that remain subject to examination are not considered significant. As of December 31, 2015, the Company has federal NOLs available of $83.4 million and post-apportionment state NOLs available of $20.9 million which are available to reduce future taxable income if utilized before their expiration. The federal NOLs expire at various dates through 2033 if not utilized. Utilization of NOLs in the future may be limited if changes in the Company’s ownership occur.

FCC Regulatory Matters

FCC Regulatory Matters	12 Months Ended
	Dec. 31, 2015
Risks And Uncertainties [Abstract]
FCC Regulatory Matters	10. FCC Regulatory Matters Television broadcasting is subject to the jurisdiction of the FCC under the Communications Act of 1934, as amended (the “Communications Act”). The Communications Act prohibits the operation of television broadcasting stations except under a license issued by the FCC, and empowers the FCC, among other things, to issue, revoke, and modify broadcasting licenses, determine the location of television stations, regulate the equipment used by television stations, adopt regulations to carry out the provisions of the Communications Act and impose penalties for the violation of such regulations. The FCC’s ongoing rule making proceedings could have a significant future impact on the television industry and on the operation of the Company’s stations. In addition, the U.S. Congress may act to amend the Communications Act or adopt other legislation in a manner that could impact the Company’s stations and the television broadcast industry in general. The FCC has adopted rules with respect to the final conversion of existing low power and television translator stations to digital operations, which must be completed within 51 months after the completion of the broadcast television incentive auction. Media Ownership The FCC is required to review its media ownership rules every four years and to eliminate those rules it finds no longer serve the “public interest, convenience and necessity.” In March 2014, the FCC initiated its 2014 quadrennial review with the adoption of a Further Notice of Proposed Rulemaking (the “FNPRM”). The FNPRM incorporates the record of the uncompleted 2010 quadrennial review proceeding and solicits comment on proposed changes to the media ownership rules. Among the proposals in the FNPRM are (1) retention of the current local television ownership rule (but with modifications to certain service contour definitions to conform to digital television broadcasting), (2) elimination of the radio/television cross-ownership rule, (3) elimination of the newspaper/radio cross-ownership rule, and (4) retention of the newspaper/television cross-ownership rule, while considering waivers of that rule in certain circumstances. The FNPRM also proposes to define a category of sharing agreements designated as SSAs between television stations, and to require television stations to disclose those SSAs. Comments and reply comments on the FNPRM were filed in the third quarter of 2014. Concurrently with its adoption of the FNPRM, the FCC also adopted a rule making television JSAs attributable to the seller of advertising time in certain circumstances. Under this rule, where a party owns a full-power television station in a market and sells more than 15% of the weekly advertising time for another, non-owned station in the same market under a JSA, that party is deemed to have an attributable interest in the latter station for purposes of the local television ownership rule. Parties to newly attributable JSAs that do not comply with the local television ownership rule were originally given two years to modify or terminate their JSAs to come into compliance. However, subsequent federal legislation extended the JSA compliance deadline until September 30, 2025. Various parties, including Nexstar, have appealed this new rule to the U.S. Court of Appeals for the D.C. Circuit which in November 2015 transferred the case to the U.S. Court of Appeals for the Third Circuit. Mission has intervened in this proceeding. If the Company is required to amend or terminate its existing JSAs with Nexstar, it could have a reduction in revenue and increased costs if it is unable to successfully implement alternative arrangements that are as beneficial as the existing JSAs. Also in March 2014, the FCC’s Media Bureau issued a public notice announcing “processing guidelines” for certain pending and future applications for FCC approval of television acquisitions. The public notice indicates that the FCC will “closely scrutinize” applications which propose a JSA, SSA or local marketing agreement between television stations, combined with an option, a similar “contingent interest,” or a loan guarantee. These new processing guidelines have impacted the Company’s pending and previously announced acquisitions and may affect the Company’s acquisition of additional stations in the future. In September 2013, the FCC commenced a rulemaking proceeding to consider whether to eliminate the “UHF discount” that is currently used to calculate compliance with the national television ownership limit. Spectrum The FCC is seeking to make additional spectrum available to meet future wireless broadband needs. In February 2012, the U.S. Congress adopted legislation authorizing the FCC to conduct an incentive auction whereby television broadcasters could voluntarily relinquish their spectrum in exchange for consideration. The FCC has released various orders and public notices which set forth procedures that the FCC will follow in the incentive auction and the subsequent “repacking” of broadcast television spectrum, establish opening prices for television stations to relinquish their spectrum, and resolve various technical and other issues related to the incentive auction, the possible sharing of channels by television stations, and the repurposing of television spectrum for broadband use. The FCC has announced March 29, 2016 as the commencement date for the incentive auction. The Company has filed an application to participate in the incentive auction, which commenced on March 29, 2016. The reallocation of television spectrum for wireless broadband use will require many television stations to change channel or otherwise modify their technical facilities. The reallocation of television spectrum to broadband use may be to the detriment of the Company’s investment in digital facilities, could require substantial additional investment to continue current operations, and may require viewers to invest in additional equipment or subscription services to continue receiving broadcast television signals. The Company cannot predict the results of television spectrum reallocation efforts or their impact to its business. Retransmission Consent On March 3, 2011, the FCC initiated a Notice of Proposed Rulemaking to reexamine its rules (i) governing the requirements for good faith negotiations between multichannel video program distributors (“MVPDs”) and broadcasters, including implementing a prohibition on one station negotiating retransmission consent terms for another station under a local service agreement; (ii) for providing advance notice to consumers in the event of dispute; and (iii) to extend certain cable-only obligations to all MVPDs. The FCC also asked for comment on eliminating the network non-duplication and syndicated exclusivity protection rules, which may permit MVPDs to import out-of-market television stations during a retransmission consent dispute. In March 2014, the FCC adopted a rule that prohibits joint retransmission consent negotiation between television stations in the same market which are not commonly owned and which are ranked among the top four stations in the market in terms of audience share. On December 5, 2014, federal legislation extended the joint negotiation prohibition to all non-commonly owned television stations in a market. This new rule requires the Company to negotiate retransmission consent agreements for its stations separately from Nexstar. The December 2014 legislation also directed the FCC to commence a rulemaking to “review its totality of the circumstances test for good faith [retransmission consent] negotiations.” The FCC commenced this proceeding in September 2015. Comments and reply comments have been submitted and the Company cannot predict the proceeding’s outcome. Concurrently with its adoption of the joint negotiation rule, the FCC also adopted a further notice of proposed rulemaking which seeks additional comment on the elimination or modification of the network non-duplication and syndicated exclusivity rules. The FCC’s prohibition on certain joint retransmission consent negotiations and its possible elimination or modification of the network non-duplication and syndicated exclusivity protection rules may affect the Company’s ability to sustain its current level of retransmission consent revenues or grow such revenues in the future and could have an adverse effect on the Company’s business, financial condition and results of operations. The Company cannot predict the resolution of the FCC’s network non-duplication and syndicated exclusivity proposals, or the impact of these proposals or the FCC’s new prohibition on certain joint negotiations, on its business.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Broadcast Rights Commitments Broadcast rights acquired for cash under license agreements are recorded as an asset and a corresponding liability at the inception of the license period. Future minimum payments for license agreements for which the license period has not commenced and no asset or liability has been recorded are as follows as of December 31, 2015 (in thousands): 2016 $ 1,168 2017 812 2018 147 2019 87 $ 2,214 Operating Leases The Company leases office space, vehicles, towers, antenna sites, studio and other operating equipment under noncancelable operating lease arrangements expiring through April 2032. Rent expense recorded in the Company’s Consolidated Statements of Operations for such leases was $1.6 million during each of the years ended December 31, 2015, 2014 and 2013. Future minimum lease payments under these operating leases are as follows as of December 31, 2015 (in thousands): 2016 $ 1,943 2017 1,951 2018 2,006 2019 2,095 2020 2,178 Thereafter 8,665 $ 18,838 Guarantees of Nexstar Debt Mission is a guarantor of and has pledged substantially all its assets, excluding FCC licenses, to guarantee Nexstar’s credit facility. Mission is also a guarantor of Nexstar’s 6.875% Notes and the 6.125% Notes. The 6.875% Notes and the 6.125% Notes are general senior unsecured obligations subordinated to all of Mission’s senior debt. In the event that Nexstar is unable to repay amounts due under these debt obligations, Mission will be obligated to repay such amounts. The maximum potential amount of future payments that Mission would be required to make under these guarantees would be generally limited to the amount of borrowings outstanding under Nexstar’s senior secured credit facility and Nexstar’s 6.875% Notes and 6.125% Notes. As of December 31, 2015, Nexstar had $519.8 million outstanding obligations under its 6.875% Notes due on November 15, 2020, had $272.2 million outstanding obligations under its 6.125% Notes due on February 15, 2022, and had a maximum commitment of $496.1 million under its senior secured credit facility, of which $254.4 million in Term Loan B-2 and $146.7 million in Term Loan A were outstanding. Nexstar’s Term Loan B-2, which matures on October 1, 2020, is payable in consecutive quarterly installments of 0.25%, with the remainder due at maturity. Nexstar’s Term Loan A, which matures on June 28, 2018, is payable in quarterly installments that increase over time from 5.0% to 10.0%, adjusted for any prepayments, with the remainder due at maturity. In January and February of 2016, Nexstar borrowed a net amount of $54.0 million under its revolving loan facility. On January 27, 2016, Nexstar entered into a definitive merger agreement with Media General whereby Nexstar will acquire Media General’s outstanding equity. In connection with this transaction, Nexstar has received commitment from a group of commercial banks to provide the debt financing to consummate the merger and refinance certain existing indebtedness of Nexstar, Media General and certain of their variable interest entities. Purchase Options Granted to Nexstar In consideration of the guarantee of Mission’s bank credit facility by Nexstar Broadcasting Group, Inc. and subsidiaries, Mission has granted Nexstar purchase options to acquire the assets and assume the liabilities of each Mission station, subject to FCC consent, for consideration equal to the greater of (1) seven times the station’s cash flow, as defined in the option agreement, less the amount of its indebtedness as defined in the option agreement, or (2) the amount of its indebtedness. Cash flow is defined as income or loss from operations, plus depreciation and amortization (including amortization of broadcast rights), interest income, non-cash trade and barter expenses, nonrecurring expenses (including time brokerage agreement fees), network compensation payments received or receivable and corporate management fees, less payments for broadcast rights, non-cash trade and barter revenue and network compensation revenue. Additionally, on November 29, 2011, Mission’s shareholders granted Nexstar an option to purchase any or all of the Company’s stock, subject to FCC consent, for a price equal to the pro rata portion of the greater of (1) five times the stations’ cash flow, as defined in the agreement, reduced by the amount of indebtedness, as defined in the agreement, or (2) $100,000. These option agreements (which expire on various dates between 2017 and 2024) are freely exercisable or assignable by Nexstar without consent or approval by Mission or its shareholders. The Company expects these option agreements to be renewed upon expiration. Indemnification Obligations In connection with certain agreements that the Company enters into in the normal course of its business, including local service agreements, business acquisitions and borrowing arrangements, the Company enters into contractual arrangements under which the Company agrees to indemnify the third party to such arrangement from losses, claims and damages incurred by the indemnified party for certain events as defined within the particular contract. Such indemnification obligations may not be subject to maximum loss clauses and the maximum potential amount of future payments the Company could be required to make under these indemnification arrangements may be unlimited. Historically, payments made related to these indemnifications have been insignificant and the Company has not incurred significant costs to defend lawsuits or settle claims related to these indemnification agreements. Litigation From time to time, the Company is involved with claims that arise out of the normal course of its business. In the opinion of management, any resulting liability with respect to these claims would not have a material adverse effect on the Company’s financial position or results of operations.

Employee Benefits

Employee Benefits	12 Months Ended
	Dec. 31, 2015
Compensation And Retirement Disclosure [Abstract]
Employee Benefits	12. Employee Benefits The Company has established a retirement savings plan under Section 401(k) of the Internal Revenue Code (the “Plan”). The Plan covers substantially all employees of the Company who meet minimum age and service requirements, and allows participants to defer a portion of their annual compensation on a pre-tax basis. Contributions to the Plan may be made at the discretion of the Company. The Company contributed $21 thousand, $20 thousand and $20 thousand to the Plan for the years ended December 31, 2015, 2014 and 2013, respectively.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	13. Subsequent Events On January 27, 2016, Nexstar entered into a definitive merger agreement with Media General whereby Nexstar will acquire Media General’s outstanding equity. In connection with this transaction, Nexstar has received commitment from a group of commercial banks to provide the debt financing to consummate the merger and refinance certain existing indebtedness of Nexstar, Media General and certain of their variable interest entities. The refinancing will include Mission’s outstanding term loans and revolving loans and is projected to occur in the fourth quarter of 2016.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Characterization of SSA Fees	Characterization of SSA Fees The Company presents the fees incurred pursuant to SSAs with Nexstar as an operating expense in the Company’s Statements of Operations. The Company’s decision to characterize the SSA fees in this manner is based on management’s conclusion that (1) the benefit the Company’s stations receive from these local service agreements is sufficiently separate from the consideration paid to the Company from Nexstar under JSAs, (2) management can reasonably estimate the fair value of the benefit our stations receive under the SSA agreements, and (3) the SSA fees the Company pays to Nexstar do not exceed the estimated fair value of the benefits the Company’s stations receive.
Basis of Presentation	Basis of Presentation Certain prior year financial statement amounts have been reclassified to conform to the current year presentation.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and use assumptions that affect the reported amounts of assets and liabilities and the disclosure for contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. The more significant estimates made by management include those relating to the allowance for doubtful accounts, valuation of assets acquired and liabilities assumed in business combinations, retransmission revenue recognized, trade and barter transactions, income taxes, the recoverability of goodwill, FCC licenses and other long-lived assets, the recoverability of broadcast rights and the useful lives of property and equipment and intangible assets. Actual results may vary from such estimates recorded.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments purchased with an original maturity of ninety days or less to be cash equivalents.
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts The Company’s accounts receivable consist primarily of billings to cable and satellite carriers for compensation associated with retransmission consent agreements. The Company maintains an allowance for doubtful accounts when necessary for estimated losses resulting from the inability of customers to make required payments. Management evaluates the collectability of accounts receivable based on a combination of factors, including customer payment history, known customer circumstances, the overall aging of customer balances and trends. In circumstances where management is aware of a specific customer’s inability to meet its financial obligations, an allowance is recorded to reduce the receivable amount to an amount estimated to be collected.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments which potentially expose the Company to a concentration of credit risk consist principally of cash and cash equivalents and accounts receivable. Cash deposits are maintained with several financial institutions. Deposits held with banks may exceed the amount of insurance provided on such deposits; however, the Company believes these deposits are maintained with financial institutions of reputable credit and are not subject to any unusual credit risk. A significant portion of the Company’s accounts receivable is due from cable or satellite operators. The Company does not require collateral from its customers, but maintains reserves for potential credit losses. Management believes that the allowance for doubtful accounts is adequate, but if the financial condition of the Company’s retransmission carriers were to deteriorate, additional allowances may be required. The Company has not experienced significant losses related to receivables from individual customers or by geographical area.
Revenue Recognition	Revenue Recognition The Company’s revenue is primarily derived from the sale of television advertising by Nexstar under JSAs, retransmission compensation and other broadcast related revenues: • Revenue from Nexstar, representing a percentage of net advertising revenue derived from the sale of commercials on the Company’s stations, is recognized in the period during which the spots are broadcast. • Retransmission compensation is recognized based on the estimated number of subscribers over the contract period, based on historical levels and trends for individual providers. • Other revenues, which include tower rent revenue and network compensation, are recognized in the period during which the services are provided. The Company barters advertising time for certain program material. These transactions, except those involving exchange of advertising time for network programming, are recorded at management’s estimate of the fair value of the advertising time exchanged, which approximates the fair value of the program material received. The fair value of advertising time exchanged is estimated by applying average historical advertising rates for specific time periods. Revenue from barter transactions is recognized as the related advertisement spots are broadcast. Barter expense is recognized at the time program broadcast rights assets are used. The Company recorded $4.0 million, $4.1 million and $4.2 million of barter revenue and barter expense for the years ended December 31, 2015, 2014 and 2013, respectively. Barter expense is included in amortization of broadcast rights in the Company’s Statements of Operations. The Company determines whether gross or net presentation is appropriate based on its relationship in the applicable transactions with its ultimate customer.
Broadcast Rights and Broadcast Rights Payable	Broadcast Rights and Broadcast Rights Payable The Company records broadcast rights contracts as an asset and a liability when the following criteria are met: (1) the license period has begun, (2) the cost of each program is known or reasonably determinable, (3) the program material has been accepted in accordance with the license agreement, and (4) the program is produced and available for broadcast. Cash broadcast rights are initially recorded at the contract cost. Barter broadcast rights are recorded at fair value, which is estimated by using average historical advertising rates for the time periods where the programming will air. Broadcast rights are amortized on a straight-line basis over the period the programming airs. The current portion of broadcast rights represents those rights available for broadcast which will be amortized in the succeeding year. At least quarterly, the Company evaluates the net realizable value, calculated using the average historical advertising rates for the programs or the time periods the programming will air, of broadcast rights and adjusts amortization in that quarter for any deficiency calculated.
Property and Equipment, Net	Property and Equipment, Net Property and equipment is stated at cost or estimated fair value at the date of acquisition. The cost and related accumulated depreciation applicable to assets sold or retired are removed from the accounts and the gain or loss on disposition is recognized. Major renewals and betterments are capitalized and ordinary repairs and maintenance are charged to expense in the period incurred. Depreciation is computed on a straight-line basis over the estimated useful lives of the assets (see Note 5).
Intangible Assets, Net	Intangible Assets, Net Intangible assets consist primarily of goodwill, broadcast licenses (“FCC licenses”), network affiliation agreements and customer relationships arising from acquisitions. The purchase prices of acquired businesses are allocated to the assets and liabilities acquired at estimated fair values at the date of acquisition using various valuation techniques, including discounted projected cash flows, the cost approach and the income approach. The excess of the purchase price over the fair value of net assets acquired is recorded as goodwill. The Company’s goodwill and FCC licenses are considered to be indefinite-lived intangible assets and are not amortized but are tested for impairment annually in the Company’s fourth quarter or whenever events or changes in circumstances indicate that such assets might be impaired. The use of an indefinite life for FCC licenses contemplates the Company’s historical ability to renew its licenses and that such renewals generally may be obtained indefinitely and at little cost. Therefore, cash flows derived from the FCC licenses are expected to continue indefinitely. Network affiliation agreements are subject to amortization computed on a straight-line basis over the estimated useful life of 15 years. The 15 year life assumes affiliation contracts will be renewed upon expiration. Changes in the likelihood of renewal could require a change in the useful life of such assets and cause an acceleration of amortization. The Company evaluates the remaining lives of its network affiliations whenever changes occur in the likelihood of affiliation contract renewals, and at least on an annual basis. The Company aggregates its stations by market (a total of 17 reporting units) for purposes of goodwill and FCC license impairment testing because management views, manages and evaluates its stations on a market basis. The Company first assesses the qualitative factors to determine the likelihood of the goodwill and FCC licenses being impaired. The qualitative analysis includes, but is not limited to, assessing the changes in macroeconomic conditions, regulatory environment, industry and market conditions, and the financial performance versus budget of the reporting units, as well as any other events or circumstances specific to the reporting units or the FCC licenses. If it is more likely than not that a reporting unit’s goodwill or a station’s FCC license is greater than its carrying amount, no further testing will be required. Otherwise, the Company will apply the quantitative impairment test method. The quantitative impairment test for FCC licenses consists of a market-by-market comparison of the carrying amount of FCC licenses with their fair value, using a discounted cash flow analysis. The quantitative impairment test for goodwill utilizes a two-step fair value approach. The first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of the reporting unit to its carrying amount. The fair value of a reporting unit is determined using a discounted cash flow analysis. If the fair value of the reporting unit exceeds its carrying amount, goodwill is not considered impaired. If the carrying amount of the reporting unit exceeds its fair value, the second step of the goodwill impairment test is performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compares the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. The implied fair value of goodwill is determined by performing an assumed purchase price allocation, using the reporting unit fair value (as determined in Step 1) as the purchase price. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recognized in an amount equal to that excess. Determining the fair value of reporting units requires management to make a number of judgments about assumptions and estimates that are highly subjective and that are based on unobservable inputs. The actual results may differ from these assumptions and estimates, and it is possible that such differences could have a material impact on the Company’s Financial Statements. In addition to the various inputs (i.e., market growth, operating profit margins, discount rates) used to calculate the fair value of FCC licenses and reporting units, the Company evaluates the reasonableness of its assumptions by comparing the total fair value of all its reporting units to its total market capitalization; and by comparing the fair values of its reporting units and FCC licenses to recent market television station sale transactions. The Company tests finite-lived intangible assets and other long-lived assets for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable, relying on a number of factors including operating results, business plans, economic projections and anticipated future cash flows. An impairment in the carrying amount of a finite-lived intangible asset is recognized when the expected discounted future operating cash flow derived from the operation to which the asset relates is less than its carrying value. The impairment test for finite-lived intangible assets consists of an asset (asset group) comparison of the carrying amount with their fair value, using a discounted cash flow analysis.
Debt Financing Costs	Debt Financing Costs Debt financing costs represent direct costs incurred to obtain long-term financing and are amortized to interest expense over the term of the related debt using the effective interest method. Previously capitalized debt financing costs are expensed and included in loss on extinguishment of debt if the Company determines that there has been a substantial modification of the related debt. As discussed under Recent Accounting Pronouncements below, the Company early adopted the FASB issued guidance related to the presentation of debt financing costs. The guidance requires costs paid to third parties that are directly attributable to issuing a debt instrument to be presented as a direct deduction from the carrying value of the debt as opposed to an asset. As of December 31, 2015 and 2014, debt financing costs related to term loans of $2.3 million and $2.8 million, respectively, were presented as a direct deduction from the carrying amount of debt. Debt financing costs related to the revolving credit facility of $0.1 million at each of December 31, 2015, and 2014 were included in other noncurrent assets.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and certain items that are excluded from net income (loss) and recorded as a separate component of shareholders’ deficit. During the years ended December 31, 2015, 2014 and 2013, the Company had no items of other comprehensive income (loss) and, therefore, comprehensive income (loss) does not differ from reported net income (loss).
Financial Instruments	Financial Instruments The Company utilizes the following categories to classify the valuation methodologies for fair values of financial assets and liabilities: Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities; Level 2: Quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability; Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported by little or no market activity). The carrying amount of cash and cash equivalents, accounts receivable, broadcast rights payable, accounts payable and accrued expenses approximates fair value due to their short-term nature. See Note 7 for fair value disclosures related to the Company’s debt.
Income Taxes	Income Taxes The Company accounts for income taxes under the asset and liability method which requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and tax basis of assets and liabilities. A valuation allowance is applied against net deferred tax assets if, based on the weight of available evidence, it is more likely than not that some or all of the deferred tax assets will not be realized. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. The determination is based on the technical merits of the position and presumes that each uncertain tax position will be examined by the relevant taxing authority that has full knowledge of all relevant information. The Company recognizes interest and penalties relating to income taxes within income tax expense. As discussed under Recent Accounting Pronouncements below, the Company early adopted the FASB issued guidance related to the presentation of deferred tax assets and liabilities. The guidance requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent in the balance sheet.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) In April 2015, the FASB issued ASU No. 2015-03, Interest, Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs Interest, Imputation of Interest (Subtopic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842).

Acquisition (Tables)

Acquisition (Tables)	12 Months Ended
	Dec. 31, 2015
Business Acquisition [Line Items]
Unaudited Pro forma Information	The following unaudited pro forma information has been presented as if the acquisition of KLRT and KASN had occurred on January 1, 2012, for the year ended December 31, 2013 (in thousands): Net revenue $ 68,484 Loss before income taxes (5,924 ) Net loss (3,584 )
WVNY [Member]
Business Acquisition [Line Items]
Fair Values of Assets Acquired and Liabilities Assumed	The fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands): Prepaid expenses and other current assets $ 23 Property and equipment 717 FCC licenses 2,797 Network affiliation agreements 1,060 Other intangible assets 32 Goodwill 1,032 Net assets acquired $ 5,661
KLRT/KASN [Member]
Business Acquisition [Line Items]
Fair Values of Assets Acquired and Liabilities Assumed	The fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands): Broadcast rights $ 2,279 Prepaid expenses and other current assets 71 Property and equipment 11,153 FCC licenses 16,827 Network affiliation agreements 17,002 Other intangible assets 2,511 Goodwill 12,727 Other assets 7 Total assets acquired 62,577 Less: Broadcast rights payable (2,492 ) Less: Accounts payable and accrued expenses (386 ) Net assets acquired $ 59,699

Local Service Agreements with23

Local Service Agreements with Nexstar (Tables)	12 Months Ended
	Dec. 31, 2015
Local Service Agreements [Abstract]
Local Service Agreements in Effect with Nexstar	Under the local service agreements, Nexstar receives substantially all of the Company’s available cash, after satisfaction of operating costs and debt obligations. The Company anticipates that Nexstar will continue to receive substantially all of its available cash, after satisfaction of operating costs and debt obligations. In compliance with FCC regulations for both the Company and Nexstar, Mission maintains complete responsibility for and control over programming, finances, personnel and operations of its stations. The Company had the following local service agreements in effect with Nexstar as of December 31, 2015: Station Market Type of Agreement Expiration Consideration WFXP Erie, PA TBA 8/16/16 Monthly payments received from Nexstar KHMT Billings, MT TBA 12/13/17 Monthly payments received from Nexstar KJTL/KJBO-LP Wichita Falls, TX-Lawton, OK SSA JSA 5/31/19 5/31/19 $60 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WYOU Wilkes Barre-Scranton, PA SSA JSA 1/4/2018 9/30/24 $35 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KODE Joplin, MO-Pittsburg, KS SSA JSA 3/31/22 9/30/24 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KRBC Abilene-Sweetwater, TX SSA JSA 6/12/23 6/30/23 $25 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KSAN San Angelo, TX SSA JSA 5/31/24 5/31/24 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WAWV Terre Haute, IN SSA JSA 5/8/23 5/8/23 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KCIT/KCPN-LP Amarillo, TX SSA JSA 4/30/19 4/30/19 $50 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KAMC Lubbock, TX SSA JSA 2/15/19 2/15/19 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KOLR Springfield, MO SSA JSA 2/15/19 2/15/19 $150 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WUTR Utica, NY SSA JSA 3/31/24 3/31/24 $10 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WTVO Rockford, IL SSA JSA 10/31/24 10/31/24 $75 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KTVE Monroe, LA-El Dorado, AR SSA JSA 1/16/18 1/16/18 $20 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WTVW Evansville, IN SSA JSA 11/30/19 11/30/19 $50 thousand per month paid to Nexstar 70% of net revenue received from Nexstar KLRT/KASN Little Rock-Pine Bluff, AR SSA JSA 1/1/21 1/1/21 $150 thousand per month paid to Nexstar 70% of net revenue received from Nexstar WVNY Burlington-Plattsburgh, VT SSA JSA 3/1/21 3/1/21 $20 thousand per month paid to Nexstar 70% of net revenue received from Nexstar

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following, as of December 31 (dollars in thousands): Estimated useful life, in years 2015 2014 Buildings and improvements 39 $ 8,247 $ 8,115 Land N/A 1,688 1,688 Leasehold improvements term of lease 70 70 Studio and transmission equipment 5-15 41,848 42,730 Computer equipment 3-5 550 555 Furniture and fixtures 7 830 817 Vehicles 5 762 791 Construction in progress N/A - 33 53,995 54,799 Less: accumulated depreciation (32,104 ) (30,633 ) Property and equipment, net $ 21,891 $ 24,166

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Intangible Assets Subject to Amortization	Intangible assets subject to amortization consisted of the following, as of December 31 (dollars in thousands): Estimated 2015 2014 useful life, Accumulated Accumulated in years Gross Amortization Net Gross Amortization Net Network affiliation agreements 15 $ 84,505 $ (66,583 ) $ 17,922 $ 84,505 $ (64,419 ) $ 20,086 Other definite-lived intangible assets 1-15 15,661 (14,691 ) 970 15,661 (14,437 ) 1,224 Other intangible assets $ 100,166 $ (81,274 ) $ 18,892 $ 100,166 $ (78,856 ) $ 21,310
Estimated Future Amortization Expense of Definite-Lived Intangibles Assets	The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years and thereafter for definite-lived intangibles assets as of December 31, 2015 (in thousands): 2016 $ 2,417 2017 2,294 2018 2,002 2019 1,793 2020 1,396 Thereafter 8,990 $ 18,892
Goodwill and FCC Licenses	The carrying amounts of goodwill and FCC licenses for the years ended December 31, 2015 and 2014 are as follows (in thousands): Goodwill FCC Licenses Accumulated Accumulated Gross Impairment Net Gross Impairment Net Balances as of December 31, 2014 $ 34,039 $ (1,550 ) $ 32,489 $ 52,260 $ (10,697 ) $ 41,563 Balances as of December 31, 2015 34,039 (1,550 ) 32,489 52,260 (10,697 ) 41,563

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Long Term Debt	Long-term debt consisted of the following, as of December 31 (in thousands): 2015 2014 Term loans, net of financing costs and discount of $2,657 and $3,171, respectively $ 225,570 $ 226,893 Revolving loans - 5,500 225,570 232,393 Less: current portion (2,335 ) (1,837 ) $ 223,235 $ 230,556
Fair Value of Debt	The aggregate carrying amounts and estimated fair values of the Company’s debt were as follows, as of December 31 (in thousands): 2015 2014 Carrying Fair Carrying Fair Amount Value Amount Value Term loans (1) $ 225,570 $ 225,252 $ 226,893 $ 227,195 Revolving loans (1) - - 5,500 5,386
Maturities of Debt	The scheduled maturities of the Company’s debt, excluding the unamortized discount and certain debt financing costs, as of December 31, 2015 are summarized as follows (in thousands): 2016 $ 2,335 2017 2,335 2018 2,335 2019 2,335 2020 218,887 $ 228,227

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Components of Income Tax Expense (Benefit)	The income tax expense (benefit) consisted of the following components for the years ended December 31 (in thousands): 2015 2014 2013 Current tax expense (benefit): Federal $ 488 $ 403 $ (4 ) State 692 56 101 1,180 459 97 Deferred tax expense (benefit): Federal 9,635 7,899 (2,128 ) State 1,357 1,665 (410 ) 10,992 9,564 (2,538 ) Income tax expense (benefit) $ 12,172 $ 10,023 $ (2,441 )
Schedule of Effective Income Tax Expense Reconciliation	The income tax expense (benefit) differs from the amount computed by applying the statutory federal income tax rate of 35% to income (loss) before income taxes. The sources and tax effects of the differences were as follows, for the years ended December 31 (in thousands): 2015 2014 2013 Income tax expense (benefit) at 35% statutory federal rate $ 10,595 $ 9,137 $ (2,165 ) State and local taxes, net of federal benefit 1,154 1,020 (173 ) Other 423 (134 ) (103 ) Income tax expense (benefit) $ 12,172 $ 10,023 $ (2,441 )
Schedule of Components of Net Deferred Tax Asset	The components of the net deferred tax asset were as follows, as of December 31 (in thousands): 2015 2014 Deferred tax assets: Net operating loss carryforwards $ 30,246 $ 37,566 Rent 1,436 1,186 Other 1,351 1,277 Total deferred tax assets 33,033 40,029 Deferred tax liabilities: Property and equipment (3,724 ) (3,638 ) Goodwill (4,767 ) (3,866 ) Other intangible assets (1,718 ) (1,974 ) FCC licenses (7,237 ) (6,244 ) Total deferred tax liabilities (17,446 ) (15,722 ) Net deferred tax assets $ 15,587 $ 24,307

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]
Future Minimum Payments for un-booked broadcast rights	Future minimum payments for license agreements for which the license period has not commenced and no asset or liability has been recorded are as follows as of December 31, 2015 (in thousands): 2016 $ 1,168 2017 812 2018 147 2019 87 $ 2,214
Future Minimum Lease Payments under Operating Leases	Future minimum lease payments under these operating leases are as follows as of December 31, 2015 (in thousands): 2016 $ 1,943 2017 1,951 2018 2,006 2019 2,095 2020 2,178 Thereafter 8,665 $ 18,838

Organization and Business Ope29

Organization and Business Operations - Additional Information (Details)	12 Months Ended
	Dec. 31, 2015TelevisionStationSegmentTelevisionMarket
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Number of television stations owned and operated | TelevisionStation	18
Number of reportable segments | Segment	1
Number of television markets | TelevisionMarket	17

Summary of Significant Accoun30

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	Nov. 29, 2011	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenue Recognition [Abstract]
Advertising Barter Transactions, Advertising Barter Revenue		$ 4,000,000	$ 4,100,000	$ 4,200,000
Advertising Barter Transactions, Advertising Barter Costs		4,000,000	4,100,000	4,200,000
Debt Financing Costs [Abstract]
Decrease in other noncurrent assets		(29,000)	(49,000)	$ (58,000)
New Accounting Pronouncement, Early Adoption, Effect [Member]
Debt Financing Costs [Abstract]
Decrease in other noncurrent assets			(2,800,000)
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Decrease in current deferred tax assets			(9,400,000)
Increase in noncurrent deferred tax assets			9,400,000
Notes Payable to Banks [Member] | Term Loans [Member]
Debt Financing Costs [Abstract]
Debt financing costs		2,300,000	2,800,000
Notes Payable to Banks [Member] | Term Loans [Member] | New Accounting Pronouncement, Early Adoption, Effect [Member]
Debt Financing Costs [Abstract]
Decrease in debt			(2,800,000)
Revolving Credit Facility [Member]
Debt Financing Costs [Abstract]
Debt financing costs		$ 100,000	$ 100,000
Network Affiliation Agreements [Member]
Intangible Assets [Abstract]
Network affiliation agreements useful life		15 years	15 years	15 years
Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Minimum purchase price Mission agreed to sell its capital stock to Nexstar	$ 100,000
Minimum [Member]
Local Service Agreements [Abstract]
Terms on Local Service Agreements		8 years
Minimum [Member] | Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Options expiration date year		2,017
Maximum [Member]
Local Service Agreements [Abstract]
Terms on Local Service Agreements		10 years
Maximum [Member] | Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net [Abstract]
Options expiration date year		2,024

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) - USD ($)	Jun. 13, 2014	May. 27, 2014	Mar. 01, 2013	Dec. 31, 2012	Jul. 18, 2012	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Business Acquisition [Line Items]
Net revenue							$ 88,132,000	$ 78,577,000	$ 68,484,000
Operating income							$ 39,596,000	36,142,000	24,628,000
Network Affiliation Agreements [Member]
Business Acquisition [Line Items]
Estimated useful life							15 years
WVNY [Member]
Business Acquisition [Line Items]
Effective date of acquisition			Mar. 1, 2013
Purchase price			$ 5,700,000
Borrowings from revolving credit facility			$ 5,000,000
Acquisition related costs									0
Net revenue						$ 2,900,000
Operating income						$ 1,500,000
WVNY [Member] | Network Affiliation Agreements [Member]
Business Acquisition [Line Items]
Estimated useful life			15 years
WVNY [Member] | Other Definite-Lived Intangible Assets [Member]
Business Acquisition [Line Items]
Estimated useful life			5 months
KLRT/KASN [Member]
Business Acquisition [Line Items]
Effective date of acquisition				Jan. 1, 2013
Purchase price				$ 59,700,000
Acquisition related costs									0
Net revenue									20,400,000
Operating income									$ 9,400,000
Deposit paid upon signing an agreement to acquire a business					$ 6,000,000
Proceeds from term loan under the credit facility				$ 60,000,000
KLRT/KASN [Member] | Network Affiliation Agreements [Member]
Business Acquisition [Line Items]
Estimated useful life				15 years
KLRT/KASN [Member] | Other Definite-Lived Intangible Assets [Member]
Business Acquisition [Line Items]
Estimated useful life				1 year
Parker Broadcasting Inc, Future Acquisition [Member]
Business Acquisition [Line Items]
Acquisition related costs								$ 0
Deposit paid upon signing an agreement to acquire a business	$ 3,200,000
Purchase price of stations to be acquired		$ 4,000,000

Acquisitions - Fair Values of A

Acquisitions - Fair Values of Assets Acquired And Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Mar. 01, 2013	Dec. 31, 2012
The fair values of the assets acquired and liabilities assumed [Abstract]
Goodwill	$ 32,489	$ 32,489
WVNY [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Prepaid expenses and other current assets			$ 23
Property and equipment			717
FCC licenses			2,797
Goodwill			1,032
Net assets acquired			5,661
WVNY [Member] | Network Affiliation Agreements [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Finite-lived intangibles assets acquired and liabilities assumed			1,060
WVNY [Member] | Other Intangible Assets [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Finite-lived intangibles assets acquired and liabilities assumed			$ 32
KLRT/KASN [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Broadcast rights				$ 2,279
Prepaid expenses and other current assets				71
Property and equipment				11,153
FCC licenses				16,827
Goodwill				12,727
Other assets				7
Total assets acquired				62,577
Less: Broadcast rights payable				(2,492)
Less: Accounts payable and accrued expenses				(386)
Net assets acquired				59,699
KLRT/KASN [Member] | Network Affiliation Agreements [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Finite-lived intangibles assets acquired and liabilities assumed				17,002
KLRT/KASN [Member] | Other Intangible Assets [Member]
The fair values of the assets acquired and liabilities assumed [Abstract]
Finite-lived intangibles assets acquired and liabilities assumed				$ 2,511

Acquisitions - Unaudited Pro Fo

Acquisitions - Unaudited Pro Forma Information (Details) - KLRT/KASN [Member] $ in Thousands	12 Months Ended
	Dec. 31, 2013USD ($)
Unaudited Pro Forma Information [Abstract]
Net revenue	$ 68,484
Loss before income taxes	(5,924)
Net loss	$ (3,584)

Local Service Agreements with34

Local Service Agreements with Nexstar - Additional Information (Details)	12 Months Ended
	Dec. 31, 2015
Minimum [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Term of agreements	8 years
Maximum [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Term of agreements	10 years

Local Service Agreements with35

Local Service Agreements with Nexstar - Local Service Agreements in Effect with Nexstar (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)
WFXP [Member] | Time Brokerage Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WFXP
Market	Erie, PA
Type of Agreement	TBA
Expiration date	Aug. 16, 2016
Consideration received for local servicing agreement	Monthly payments received from Nexstar
KHMT [Member] | Time Brokerage Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KHMT
Market	Billings, MT
Type of Agreement	TBA
Expiration date	Dec. 13, 2017
Consideration received for local servicing agreement	Monthly payments received from Nexstar
KJTL/KJBO-LP [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KJTL/KJBO-LP
Market	Wichita Falls, TX-Lawton, OK
Type of Agreement	SSA
Expiration date	May 31, 2019
Monthly consideration paid to Nexstar	$ 60
KJTL/KJBO-LP [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KJTL/KJBO-LP
Market	Wichita Falls, TX-Lawton, OK
Type of Agreement	JSA
Expiration date	May 31, 2019
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WYOU [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WYOU
Market	Wilkes Barre-Scranton, PA
Type of Agreement	SSA
Expiration date	Jan. 4, 2018
Monthly consideration paid to Nexstar	$ 35
WYOU [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WYOU
Market	Wilkes Barre-Scranton, PA
Type of Agreement	JSA
Expiration date	Sep. 30, 2024
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KODE [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KODE
Market	Joplin, MO-Pittsburg, KS
Type of Agreement	SSA
Expiration date	Mar. 31, 2022
Monthly consideration paid to Nexstar	$ 75
KODE [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KODE
Market	Joplin, MO-Pittsburg, KS
Type of Agreement	JSA
Expiration date	Sep. 30, 2024
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KRBC [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KRBC
Market	Abilene-Sweetwater, TX
Type of Agreement	SSA
Expiration date	Jun. 12, 2023
Monthly consideration paid to Nexstar	$ 25
KRBC [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KRBC
Market	Abilene-Sweetwater, TX
Type of Agreement	JSA
Expiration date	Jun. 30, 2023
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KSAN [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KSAN
Market	San Angelo, TX
Type of Agreement	SSA
Expiration date	May 31, 2024
Monthly consideration paid to Nexstar	$ 10
KSAN [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KSAN
Market	San Angelo, TX
Type of Agreement	JSA
Expiration date	May 31, 2024
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WAWV [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WAWV
Market	Terre Haute, IN
Type of Agreement	SSA
Expiration date	May 8, 2023
Monthly consideration paid to Nexstar	$ 10
WAWV [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WAWV
Market	Terre Haute, IN
Type of Agreement	JSA
Expiration date	May 8, 2023
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KCIT/KCPN-LP [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KCIT/KCPN-LP
Market	Amarillo, TX
Type of Agreement	SSA
Expiration date	Apr. 30, 2019
Monthly consideration paid to Nexstar	$ 50
KCIT/KCPN-LP [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KCIT/KCPN-LP
Market	Amarillo, TX
Type of Agreement	JSA
Expiration date	Apr. 30, 2019
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KAMC [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KAMC
Market	Lubbock, TX
Type of Agreement	SSA
Expiration date	Feb. 15, 2019
Monthly consideration paid to Nexstar	$ 75
KAMC [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KAMC
Market	Lubbock, TX
Type of Agreement	JSA
Expiration date	Feb. 15, 2019
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KOLR [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KOLR
Market	Springfield, MO
Type of Agreement	SSA
Expiration date	Feb. 15, 2019
Monthly consideration paid to Nexstar	$ 150
KOLR [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KOLR
Market	Springfield, MO
Type of Agreement	JSA
Expiration date	Feb. 15, 2019
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WUTR [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WUTR
Market	Utica, NY
Type of Agreement	SSA
Expiration date	Mar. 31, 2024
Monthly consideration paid to Nexstar	$ 10
WUTR [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WUTR
Market	Utica, NY
Type of Agreement	JSA
Expiration date	Mar. 31, 2024
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WTVO [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WTVO
Market	Rockford, IL
Type of Agreement	SSA
Expiration date	Oct. 31, 2024
Monthly consideration paid to Nexstar	$ 75
WTVO [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WTVO
Market	Rockford, IL
Type of Agreement	JSA
Expiration date	Oct. 31, 2024
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KTVE [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KTVE
Market	Monroe, LA-El Dorado, AR
Type of Agreement	SSA
Expiration date	Jan. 16, 2018
Monthly consideration paid to Nexstar	$ 20
KTVE [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KTVE
Market	Monroe, LA-El Dorado, AR
Type of Agreement	JSA
Expiration date	Jan. 16, 2018
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WTVW [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WTVW
Market	Evansville, IN
Type of Agreement	SSA
Expiration date	Nov. 30, 2019
Monthly consideration paid to Nexstar	$ 50
WTVW [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WTVW
Market	Evansville, IN
Type of Agreement	JSA
Expiration date	Nov. 30, 2019
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
KLRT/KASN [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KLRT/KASN
Market	Little Rock-Pine Bluff, AR
Type of Agreement	SSA
Expiration date	Jan. 1, 2021
Monthly consideration paid to Nexstar	$ 150
KLRT/KASN [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	KLRT/KASN
Market	Little Rock-Pine Bluff, AR
Type of Agreement	JSA
Expiration date	Jan. 1, 2021
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%
WVNY [Member] | Shared Services Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WVNY
Market	Burlington-Plattsburgh, VT
Type of Agreement	SSA
Expiration date	Mar. 1, 2021
Monthly consideration paid to Nexstar	$ 20
WVNY [Member] | Joint Sales Agreement [Member]
Collaborative Arrangements and Non-collaborative Arrangement Transactions [Line Items]
Station	WVNY
Market	Burlington-Plattsburgh, VT
Type of Agreement	JSA
Expiration date	Mar. 1, 2021
Percentage of station's net revenue collected per month received from Nexstar (in hundredths)	70.00%

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 53,995	$ 54,799
Less: accumulated depreciation	(32,104)	(30,633)
Property and equipment, net	$ 21,891	$ 24,166
Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years	39 years
Property and equipment, gross	$ 8,247	$ 8,115
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,688	1,688
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	term of lease
Property and equipment, gross	$ 70	70
Studio and Transmission Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 41,848	$ 42,730
Studio and Transmission Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years	5 years
Studio and Transmission Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years	15 years
Computer Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 550	$ 555
Computer Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years	3 years
Computer Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years	5 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years	7 years
Property and equipment, gross	$ 830	$ 817
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years	5 years
Property and equipment, gross	$ 762	$ 791
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 33

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - Telecommunications Tower Facilities [Member] - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Lease expiry date	2021-05
Other Noncurrent Liabilities [Member]
Property, Plant and Equipment [Line Items]
Deferred gain on sale of assets	$ 0.8	$ 1
Other Current Liabilities [Member]
Property, Plant and Equipment [Line Items]
Deferred gain on sale of assets	$ 0.2	$ 0.2

Intangible Assets and Goodwil38

Intangible Assets and Goodwill - Intangible Assets Subject to Amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross	$ 100,166	$ 100,166
Accumulated Amortization	(81,274)	(78,856)
Net	$ 18,892	21,310
Network Affiliation Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	15 years
Gross	$ 84,505	84,505
Accumulated Amortization	(66,583)	(64,419)
Net	$ 17,922	20,086
Network Affiliation Agreements [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	12 years
Network Affiliation Agreements [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	20 years
Other Definite-Lived Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross	$ 15,661	15,661
Accumulated Amortization	(14,691)	(14,437)
Net	$ 970	$ 1,224
Other Definite-Lived Intangible Assets [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	1 year
Other Definite-Lived Intangible Assets [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	15 years

Intangible Assets and Goodwil39

Intangible Assets and Goodwill - Additional Information (Details) - Network Affiliation Agreements [Member]	12 Months Ended
	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	15 years
Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	12 years
Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life	20 years

Intangible Assets and Goodwil40

Intangible Assets and Goodwill - Estimated Amortization Expense of Definite-Lived Intangibles Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Finite Lived Intangible Assets Future Amortization Expense Current And Five Succeeding Fiscal Years [Abstract]
2,016	$ 2,417
2,017	2,294
2,018	2,002
2,019	1,793
2,020	1,396
Thereafter	8,990
Net	$ 18,892	$ 21,310

Intangible Assets and Goodwil41

Intangible Assets and Goodwill - Goodwill and FCC Licenses (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Roll Forward]
Goodwill, Gross	$ 34,039	$ 34,039
Goodwill, Accumulated Impairment	(1,550)	(1,550)
Goodwill, Net	32,489	32,489
FCC Licenses [Abstract]
FCC Licenses, Gross	52,260	52,260
FCC Licenses, Accumulated Impairment	(10,697)	(10,697)
FCC Licenses, Net	$ 41,563	$ 41,563

Debt - Long Term Debt (Details)

Debt - Long Term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Long term Debt [Abstract]
Long term Debt	$ 225,570	$ 232,393
Less: current portion	(2,335)	(1,837)
Debt, noncurrent	223,235	230,556
Notes Payable to Banks [Member] | Term Loans [Member]
Long term Debt [Abstract]
Long term Debt	$ 225,570	226,893
Revolving Loans [Member]
Long term Debt [Abstract]
Long term Debt		$ 5,500

Debt - Long Term Debt (Parenthe

Debt - Long Term Debt (Parenthetical) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Notes Payable to Banks [Member] | Term Loans [Member]
Long term Debt [Abstract]
Debt financing costs and discount	$ 2,657	$ 3,171

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Jan. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Apr. 19, 2010
Debt Instrument [Line Items]
Decrease in other noncurrent assets		$ (29)	$ (49)	$ (58)
Long Term Debt		$ 225,570	232,393
Gain (loss) on extinguishment of debt			(21)	(14,332)
Repurchase of the 8.875% senior secured second lien notes, Nexstar portion				$ 186,905
Guarantee of Nexstar 6.875% Notes Due 2020 [Member]
Debt Instrument [Line Items]
Maturity date		Nov. 15, 2020
Interest rate		6.875%
Guarantee of Nexstar 6.125% Notes Due 2022 [Member]
Debt Instrument [Line Items]
Maturity date		Feb. 15, 2022
Interest rate		6.125%
New Accounting Pronouncement, Early Adoption, Effect [Member]
Debt Instrument [Line Items]
Decrease in other noncurrent assets			(2,800)
Notes Payable to Banks [Member] | Term Loans [Member]
Debt Instrument [Line Items]
Long Term Debt		$ 225,570	$ 226,893
Maturity date		Oct. 31, 2020	Oct. 31, 2020
Term loan periodic payment percentage (in hundredths)		0.25%
Payment of contractual maturities under the term loans		$ 1,800	$ 1,800
Frequency of periodic payments of principal		quarterly
Interest rate during the period (in hundredths)		3.75%	3.75%
Notes Payable to Banks [Member] | Term Loans [Member] | New Accounting Pronouncement, Early Adoption, Effect [Member]
Debt Instrument [Line Items]
Decrease in debt			$ (2,800)
Revolving Loans [Member]
Debt Instrument [Line Items]
Long Term Debt			$ 5,500
Repayments of lines of credit	$ 5,500
Interest rate during the period (in hundredths)		2.20%	2.40%
Commitment fees		0.50%	0.50%
Available borrowing capacity		$ 8,000
Senior Subordinated Notes [Member] | Senior Secured Second Lien Notes Due 2017 [Member]
Debt Instrument [Line Items]
Debt instrument principal amount					$ 325,000
Interest rate				8.875%	8.875%
Debt redeemed				$ 135,300
Redemption price as percentage of par value (in hundredths)				108.74%
Gain (loss) on extinguishment of debt				$ (14,200)
Repurchase of the 8.875% senior secured second lien notes, Nexstar portion				$ 186,900

Debt - Fair Value of Debt (Deta

Debt - Fair Value of Debt (Details) - Level 3 [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Notes Payable to Banks [Member] | Term Loans [Member] | Carrying Amount [Member]
Fair Value of debt [Line Items]
Carrying and Fair Value of Debt	$ 225,570	$ 226,893
Notes Payable to Banks [Member] | Term Loans [Member] | Fair Value [Member]
Fair Value of debt [Line Items]
Carrying and Fair Value of Debt	$ 225,252	227,195
Revolving Loans [Member] | Carrying Amount [Member]
Fair Value of debt [Line Items]
Carrying and Fair Value of Debt		5,500
Revolving Loans [Member] | Fair Value [Member]
Fair Value of debt [Line Items]
Carrying and Fair Value of Debt		$ 5,386

Debt - Maturities of Debt (Deta

Debt - Maturities of Debt (Details) $ in Thousands	Dec. 31, 2015USD ($)
Debt Maturities [Abstract]
2,016	$ 2,335
2,017	2,335
2,018	2,335
2,019	2,335
2,020	218,887
Debt	$ 228,227

Common Stock - Additional Infor

Common Stock - Additional Information (Details)	12 Months Ended
	Dec. 31, 2015Stockholder$ / sharesshares	Dec. 31, 2014Stockholder$ / sharesshares
Equity [Abstract]
Number of shareholders | Stockholder	2	2
Common stock, shares authorized (in shares)	1,000	1,000
Common stock, shares issued (in shares)	1,000	1,000
Common stock, shares outstanding (in shares)	1,000	1,000
Common stock, par value (in dollars per share) | $ / shares	$ 1	$ 1
Common stock voting rights, description	Each share of common stock is entitled to one vote.

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current tax expense (benefit) [Abstract]
Federal	$ 488	$ 403	$ (4)
State	692	56	101
Current tax expense (benefit)	1,180	459	97
Deferred tax expense (benefit) [Abstract]
Federal	9,635	7,899	(2,128)
State	1,357	1,665	(410)
Deferred tax expense (benefit)	10,992	9,564	(2,538)
Income tax expense (benefit)	$ 12,172	$ 10,023	$ (2,441)

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Expense Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Effective income tax expense reconciliation [Abstract]
Income tax expense (benefit) at 35% statutory federal rate	$ 10,595	$ 9,137	$ (2,165)
State and local taxes, net of federal benefit	1,154	1,020	(173)
Other	423	(134)	(103)
Income tax expense (benefit)	$ 12,172	$ 10,023	$ (2,441)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Loss Carryforwards [Line Items]
Statutory federal income tax rate (in hundredths)	35.00%	35.00%	35.00%
Gross unrecognized tax benefits	$ 3,700,000	$ 3,700,000	$ 3,700,000
Accrued interest on unrecognized tax benefits	0	$ 0	$ 0
Federal [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 83,400,000
Operating loss carryforwards expiration date	Dec. 31, 2033
State [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 20,900,000

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Net Deferred Tax Asset (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Net operating loss carryforwards	$ 30,246	$ 37,566
Rent	1,436	1,186
Other	1,351	1,277
Total deferred tax assets	33,033	40,029
Deferred tax liabilities:
Property and equipment	(3,724)	(3,638)
Goodwill	(4,767)	(3,866)
Other intangible assets	(1,718)	(1,974)
FCC licenses	(7,237)	(6,244)
Total deferred tax liabilities	(17,446)	(15,722)
Net deferred tax assets	$ 15,587	$ 24,307

Commitments and Contingencies -

Commitments and Contingencies - Broadcast Rights Commitments(Details) $ in Thousands	Dec. 31, 2015USD ($)
Broadcast Rights Commitments [Abstract]
2,016	$ 1,168
2,017	812
2,018	147
2,019	87
Future minimum payment due for license agreement, total	$ 2,214

Commitments and Contingencies53

Commitments and Contingencies - Additional Information (Details) - USD ($)	Jan. 27, 2016	Nov. 29, 2011	Feb. 29, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating Leases [Abstract]
Operating lease rent expense				$ 1,600,000	$ 1,600,000	$ 1,600,000
Operating lease arrangement				The Company leases office space, vehicles, towers, antenna sites, studio and other operating equipment under noncancelable operating lease arrangements expiring through April 2032.
Option Agreement to Sell Mission's Capital Stock to Nexstar [Member]
Other Commitments [Abstract]
Minimum purchase price Mission agreed to sell its capital stock to Nexstar		$ 100,000
Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Other Commitments [Abstract]
Minimum purchase price Mission agreed to sell its capital stock to Nexstar		$ 100,000
Subsequent Event [Member] | Media General [Member]
Guarantees of Nexstar Debt [Abstract]
Effective date of agreement	Jan. 27, 2016
Minimum [Member] | Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Other Commitments [Abstract]
Options expiration date year				2,017
Maximum [Member] | Option Agreement To Sell The Assets Of Mission Stations To Nexstar [Member]
Other Commitments [Abstract]
Options expiration date year				2,024
Guarantee of Nexstar Senior Secured Credit Facility [Member]
Guarantees of Nexstar Debt [Abstract]
Maximum guarantee exposure				$ 496,100,000
Guarantee of Nexstar Senior Secured Credit Facility Term Loan B-2 [Member]
Guarantees of Nexstar Debt [Abstract]
Current exposure under the guarantee				$ 254,400,000
Maturity date				Oct. 1, 2020
Term loan periodic payment percentage (in hundredths)				0.25%
Guarantee of Nexstar 6.875% Notes Due 2020 [Member]
Guarantees of Nexstar Debt [Abstract]
Maximum guarantee exposure				$ 519,800,000
Interest rate				6.875%
Maturity date				Nov. 15, 2020
Guarantee of Nexstar 6.125% Notes Due 2022 [Member]
Guarantees of Nexstar Debt [Abstract]
Maximum guarantee exposure				$ 272,200,000
Interest rate				6.125%
Maturity date				Feb. 15, 2022
Guarantee of Nexstar Senior Secured Credit Facility Term Loan A [Member]
Guarantees of Nexstar Debt [Abstract]
Current exposure under the guarantee				$ 146,700,000
Maturity date				Jun. 28, 2018
Guarantee of Nexstar Senior Secured Credit Facility Term Loan A [Member] | Minimum [Member]
Guarantees of Nexstar Debt [Abstract]
Term loan periodic payment percentage (in hundredths)				5.00%
Guarantee of Nexstar Senior Secured Credit Facility Term Loan A [Member] | Maximum [Member]
Guarantees of Nexstar Debt [Abstract]
Term loan periodic payment percentage (in hundredths)				10.00%
Nexstar [Member] | Subsequent Event [Member] | Nexstar Revolving Loans [Member]
Guarantees of Nexstar Debt [Abstract]
Borrowings from revolving credit facility			$ 54,000,000

Commitments and Contingencies54

Commitments and Contingencies - Operating Leases (Details) $ in Thousands	Dec. 31, 2015USD ($)
Leases Operating [Abstract]
2,016	$ 1,943
2,017	1,951
2,018	2,006
2,019	2,095
2,020	2,178
Thereafter	8,665
Operating leases future minimum payments due, total	$ 18,838

Employee Benefits - Additional

Employee Benefits - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation And Retirement Disclosure [Abstract]
Contributions by employer	$ 21	$ 20	$ 20