Nexstar Media (NXST) 10-Q8 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 04, 2013	Nov. 04, 2013
	Sep. 30, 2013	Common Class A [Member]	Common Class B [Member]
Entity Information [Line Items]	'	'	'
Entity Registrant Name	'NEXSTAR BROADCASTING GROUP INC	'	'
Entity Central Index Key	'0001142417	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	30,406,495	0
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'Q3	'	'
Document Type	'10-Q	'	'
Amendment Flag	'false	'	'
Document Period End Date	30-Sep-13	'	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current assets:	'	'
Cash and cash equivalents	$24,619	$68,999
Accounts receivable, net of allowance for doubtful accounts of $2,556 and $1,965, respectively	102,064	74,553
Current portion of broadcast rights	7,911	8,477
Deferred tax assets, net	8,861	8,861
Prepaid expenses and other current assets	5,862	2,436
Total current assets	149,317	163,326
Property and equipment, net	219,263	180,162
Goodwill	188,108	148,409
FCC licenses	247,837	198,257
FCC licenses of Mission	41,563	21,939
Other intangible assets, net	170,048	122,491
Deferred tax assets, net	72,773	72,090
Other noncurrent assets, net	59,079	39,141
Total assets	1,147,988	945,815
Current liabilities:	'	'
Current portion of debt	4,750	2,175
Current portion of broadcast rights payable	7,002	9,094
Accounts payable	13,140	12,324
Accrued expenses	23,215	18,122
Taxes payable	288	983
Interest payable	19,479	8,703
Amounts payable to sellers for acquisition of stations	22,000	0
Other liabilities of Mission	4,755	3,195
Other liabilities	4,321	3,407
Total current liabilities	98,950	58,003
Debt	1,006,749	855,467
Other liabilities of Mission	8,627	7,828
Other liabilities	22,304	22,278
Total liabilities	1,136,630	943,576
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of September 30, 2013 and December 31, 2012	0	0
Common stock	304	294
Additional paid-in capital	408,956	410,514
Accumulated deficit	-397,902	-408,569
Total stockholders' equity	11,358	2,239
Total liabilities and stockholders' equity	1,147,988	945,815
Class A Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock	304	217
Class B Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock	0	77
Class C Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock	$0	$0

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current assets:	'	'
Accounts receivable, allowance for doubtful accounts	$2,556	$1,965
Stockholders' equity:	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized (in shares)	200,000	200,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Class A Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	30,406,495	21,677,248
Common stock, shares outstanding (in shares)	30,406,495	21,677,248
Class B Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	0	7,702,471
Common stock, shares outstanding (in shares)	0	7,702,471
Class C Common Stock [Member]	'	'
Stockholders' equity:	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	0	0
Common stock, shares outstanding (in shares)	0	0

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) [Abstract]	'	'	'	'
Net revenue	$125,792	$89,952	$364,208	$262,458
Operating expenses:	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	37,270	21,950	107,835	65,930
Selling, general, and administrative expenses, excluding depreciation and amortization	37,587	27,506	110,652	81,746
Amortization of broadcast rights	9,188	5,563	26,867	16,303
Amortization of intangible assets	7,996	5,480	22,900	16,595
Depreciation	8,598	5,896	24,791	17,359
Total operating expenses	100,639	66,395	293,045	197,933
Income from operations	25,153	23,557	71,163	64,525
Interest expense, net	-16,900	-12,438	-50,352	-37,921
Loss on extinguishment of debt	-1,048	0	-1,048	-497
Other expense	-84	0	-252	0
Income before income taxes	7,121	11,119	19,511	26,107
Income tax expense	-3,526	-1,558	-8,844	-4,712
Net income	$3,595	$9,561	$10,667	$21,395
Net income per common share:	'	'	'	'
Basic (in dollars per share)	$0.12	$0.33	$0.36	$0.74
Diluted (in dollars per share)	$0.11	$0.31	$0.34	$0.70
Weighted average number of common shares outstanding:	'	'	'	'
Basic (in shares)	30,048	28,960	29,706	28,881
Diluted (in shares)	31,509	30,703	31,297	30,561
Dividends paid per common share (in dollars per share)	$0.12	$0	$0.36	$0

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) (USD $)	Preferred Stock [Member]	Class A Common Stock [Member]	Class B Common Stock [Member]	Class C Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Deficit [Member]	Total
In Thousands, except Share data, unless otherwise specified	Preferred Stock [Member]	Class A Common Stock [Member]	Class B Common Stock [Member]	Class C Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2012	$0	$217	$77	$0	$410,514	$0	($408,569)	$2,239
Balance (in shares) at Dec. 31, 2012	0	21,677,248	7,702,471	0	'	0	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'
Stock-based compensation expense	0	0	0	0	1,580	0	0	1,580
Conversion of Class B common stock to Class A common stock (in shares)	0	7,702,471	-7,702,471	0	'	0	'	'
Conversion of Class B common stock to Class A common stock	0	77	-77	0	0	0	0	0
Purchase of treasury stock	0	0	0	0	0	-8,422	0	-8,422
Purchase of treasury stock (in shares)	0	0	0	0	'	-365,384	'	'
Exercise of stock options (in shares)	0	1,026,776	0	0	'	365,384	'	'
Exercise of stock options	0	10	0	0	-2,270	8,422	0	6,162
Excess tax benefit from stock option exercises	0	0	0	0	9,786	0	0	9,786
Common stock dividends paid	0	0	0	0	-10,654	0	0	-10,654
Net income	0	0	0	0	0	0	10,667	10,667
Balance at Sep. 30, 2013	$0	$304	$0	$0	$408,956	$0	($397,902)	$11,358
Balance (in shares) at Sep. 30, 2013	0	30,406,495	0	0	'	0	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net income	$10,667	$21,395
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Provision for bad debts and allowances	1,320	1,448
Amortization of broadcast rights, excluding barter	9,545	6,489
Depreciation of property and equipment	24,791	17,359
Amortization of intangible assets	22,900	16,595
Loss (gain) on asset disposal, net	35	-25
Amortization of debt financing costs	1,582	1,238
Amortization of debt discount	1,001	1,016
Loss on extinguishment of debt	1,048	497
Stock-based compensation expense	1,580	725
Deferred income taxes	9,103	4,307
Payments for broadcast rights	-11,031	-6,681
Deferred gain recognition	-327	-327
Amortization of deferred representation fee incentive	-615	-564
Issue discount paid upon debt extinguishment	-262	-1,190
Premium on debt extinguishment	-853	0
Excess tax benefit from stock option exercises	-9,786	0
Changes in operating assets and liabilities, net of acquisitions:	'	'
Accounts receivable	-28,409	2,385
Prepaid expenses and other current assets	-2,969	-679
Other noncurrent assets	43	97
Accounts payable and accrued expenses	3,969	-286
Interest payable	10,776	4,114
Deferred revenue	203	1,051
Other liabilities of Mission	584	174
Other noncurrent liabilities	833	-409
Net cash provided by operating activities	45,728	68,729
Cash flows from investing activities:	'	'
Purchases of property and equipment	-16,907	-11,024
Deposits and payments for acquisitions	-220,830	-28,554
Proceeds from disposals of property and equipment	51	39
Net cash used in investing activities	-237,686	-39,539
Cash flows from financing activities:	'	'
Repayments of long-term debt	-70,913	-95,735
Payments for debt financing costs	-2,218	-251
Proceeds from long-term debt	223,875	70,500
Purchase of treasury stock	-8,422	0
Proceeds from exercise of stock options	6,162	1,007
Excess tax benefit from stock option exercises	9,786	0
Common stock dividends paid	-10,654	0
Payments for capital lease obligations	-38	-21
Net cash provided by (used in) financing activities	147,578	-24,500
Net (decrease) increase in cash and cash equivalents	-44,380	4,690
Cash and cash equivalents at beginning of period	68,999	7,546
Cash and cash equivalents at end of period	24,619	12,236
Supplemental information:	'	'
Interest paid	36,901	32,693
Income taxes paid, net	2,143	522
Non-cash investing and financing activities:	'	'
Accrued purchases of property and equipment	2,057	1,547
Noncash purchases of property and equipment	2,689	421
Accrued debt financing costs	849	259
Amounts payable to sellers for acquisition of stations	$22,000	$0

Organization_and_Business_Oper

Organization and Business Operations	9 Months Ended
	Sep. 30, 2013
Organization and Business Operations [Abstract]	'
Organization and Business Operations	'
		1. Organization and Business Operations

	As of September 30, 2013, Nexstar Broadcasting Group, Inc. and its wholly-owned subsidiaries (“Nexstar”) owned, operated, programmed or provided sales and other services to 75 television stations and 19 digital multicast channels, including those owned by Mission Broadcasting, Inc. (“Mission”), in 44 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Tennessee, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, Michigan, Utah, Vermont, California and Iowa. The stations are affiliates of NBC (16 stations), CBS (13 stations), ABC (19 stations), FOX (14 stations), MyNetworkTV (5 stations and 2 digital multicast channels), The CW (6 stations and 2 digital multicast channels), Bounce TV (9 digital multicast channels), Me-TV (2 digital multicast channels), Telemundo (one station), LATV (one digital multicast channel), LiveWell (3 digital multicast channels) and one independent station. Through various local service agreements, Nexstar provided sales, programming and other services to 25 stations and 7 digital multicast channels owned and/or operated by independent third parties. Nexstar operates in one reportable television broadcasting segment. The economic characteristics, services, production process, customer type and distribution methods for Nexstar’s operations are substantially similar and are therefore aggregated as a single reportable segment.

Summary_of_Significant_Account

Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2013

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Principles of Consolidation

The Condensed Consolidated Financial Statements include the accounts of Nexstar. Also included in the Condensed Consolidated Financial Statements are the accounts of the independently-owned variable interest entity (“VIE”), Mission (Nexstar and Mission are collectively referred to as the “Company”). Where the assets of Mission are not available to be used to settle the obligations of Nexstar, they are presented as the assets of Mission on the Condensed Consolidated Balance Sheets. Conversely, where the creditors of Mission do not have recourse to the general credit of Nexstar, the related liabilities are presented as the liabilities of Mission on the Condensed Consolidated Balance Sheets. Nexstar management evaluates each arrangement that may include variable interests and determines the need to consolidate an entity where it determines Nexstar is the primary beneficiary of a VIE in accordance with related authoritative literature and interpretive guidance.

All intercompany account balances and transactions have been eliminated in consolidation.

Liquidity

Nexstar is highly leveraged, which makes it vulnerable to changes in general economic conditions. Nexstar’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 Nexstar’s control.

Interim Financial Statements

The Condensed Consolidated Financial Statements as of September 30, 2013 and for the three and nine months ended September 30, 2013 and 2012 are unaudited. However, in the opinion of management, such financial statements include all adjustments (consisting solely of normal recurring adjustments) necessary for the fair statement of the financial information included herein in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). The preparation of the Condensed Consolidated Financial Statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenue and expenses during the period. Actual results could differ from those estimates. Results of operations for interim periods are not necessarily indicative of results for the full year. These Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and related Notes included in Nexstar’s Annual Report on Form 10-K for the year ended December 31, 2012. The balance sheet as of December 31, 2012 has been derived from the audited financial statements as of that date, but does not include all of the information and footnotes required by U.S. GAAP for complete financial statements.

Mission

Mission is included in these Consolidated Financial Statements because Nexstar is deemed under U.S. GAAP to have a controlling financial interest in Mission as a VIE for financial reporting purposes as a result of (1) local service agreements Nexstar has with the Mission stations, (2) Nexstar’s guarantee of the obligations incurred under Mission’s senior secured credit facility (see Note 6), (3) Nexstar having power over significant activities affecting Mission’s economic performance, including budgeting for advertising revenue, advertising sales and hiring and firing of sales force personnel and (4) purchase options granted by Mission which permit Nexstar to acquire the assets and assume the liabilities of each Mission station, subject to Federal Communications Commission (“FCC”) consent. The purchase options are freely exercisable or assignable by Nexstar without consent or approval by Mission 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. Additionally, Nexstar has an option to purchase any or all of Mission’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 2013 and 2023) 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. As of September 30, 2013, the assets of Mission consisted of current assets of $9.6 million (excluding broadcast rights and amounts due from Nexstar), broadcast rights of $3.4 million, FCC licenses of $41.6 million, goodwill of $32.5 million, other intangible assets of $25.3 million, property and equipment of $27.7 million, noncurrent deferred tax assets, net of $28.8 million and other noncurrent assets of $3.5 million. Substantially all of Mission’s assets, except for its FCC licenses, collateralize its secured debt obligation. See Note 12 for a presentation of condensed consolidating financial information of the Company, which includes the accounts of Mission.

Nexstar has entered into local service agreements with Mission to provide sales and operating services to the Mission stations. The following table summarizes the various local service agreements Nexstar had in effect with Mission as of September 30, 2013:

Service Agreements

Mission Stations

TBA Only(1)

WFXP and KHMT

SSA & JSA(2)

KJTL, KJBO-LP, KLRT-TV, KASN, KOLR, KCIT, KCPN-LP, KAMC, KRBC, KSAN, WUTR, WAWV, WYOU, KODE, WTVO, KTVE, WTVW and WVNY

-1

Nexstar has a time brokerage agreement (“TBA”) with 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.

-2

Nexstar has both a shared services agreement (“SSA”) and a joint sales agreement (“JSA”) with 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 the station’s advertising time and retain a percentage of the net revenue from the station’s advertising time in return for monthly payments to Mission of the remaining percentage of net revenue as described in the JSAs.

Nexstar’s ability to receive cash from Mission is governed by these local service agreements. Under the local service agreements, Nexstar has received substantially all of Mission’s available cash, after satisfaction of operating costs and debt obligations. Nexstar anticipates it will continue to receive substantially all of Mission’s available cash, after satisfaction of operating costs and debt obligations. In compliance with FCC regulations for both Nexstar and Mission, Mission maintains complete responsibility for and control over programming, finances, personnel and operations of its stations with SSA and JSA agreements.

Variable Interest Entities

The Company may determine that a station is a VIE as a result of local service agreements entered into with the owner-operator of the station. The term local service agreements generally refers to a contract between separately owned television stations serving the same market, whereby the owner-operator of one station contracts with the owner-operator of the other station to provide it with administrative, sales and other services required for the operation of its station. Nevertheless, the owner-operator of each station retains control and responsibility for the operation of its station, including ultimate responsibility over all programming broadcast on its station. In addition to those with Mission, Nexstar has VIEs in connection with local service agreements entered into with stations as discussed below.

Nexstar has determined that it has variable interests in WYZZ, the FOX affiliate in Peoria, Illinois and WUHF, the FOX affiliate in Rochester, New York, each owned by a subsidiary of Sinclair Broadcast Group, Inc. (“Sinclair”), as a result of outsourcing agreements it has entered into with Sinclair. Nexstar also has determined that it has a variable interest in WHP, the CBS affiliate in Harrisburg, Pennsylvania, which is also owned by Sinclair, as a result of Nexstar becoming successor-in-interest to a TBA entered into by a former owner of WLYH. Nexstar has evaluated its arrangements with Sinclair and has determined that it is not the primary beneficiary of the variable interests because it does not have the ultimate power to direct the activities that most significantly impact the economic performance of the stations, including developing the annual operating budget, programming and oversight and control of sales management personnel. Therefore, Nexstar has not consolidated these stations under authoritative guidance related to the consolidation of variable interest entities. Under the outsourcing agreements with Sinclair, Nexstar pays for certain operating expenses of WYZZ and WUHF, and therefore may have unlimited exposure to any potential operating losses. Nexstar’s management believes that Nexstar’s minimum exposure to loss under the Sinclair outsourcing agreements consists of the fees paid to Sinclair. Additionally, Nexstar indemnifies the owners of WHP, WYZZ and WUHF from and against all liability and claims arising out of or resulting from its activities, acts or omissions in connection with the agreements. The maximum potential amount of future payments Nexstar could be required to make for such indemnification is undeterminable at this time. Nexstar made payments to Sinclair under the outsourcing agreements of $1.1 million and $1.5 million for the three months ended September 30, 2013 and 2012, respectively, and $3.5 million and $4.0 million for the nine months then ended. Nexstar has a balance due to Sinclair for fees under these arrangements in the amount of $1.1 million and $3.4 million as of September 30, 2013 and December 31, 2012, respectively. Nexstar also has receivables in the amount of $2.2 million and $2.7 million as of September 30, 2013 and December 31, 2012, respectively, for advertising aired on these three stations.

Nexstar had a variable interest in a newly acquired station, KSEE, the NBC affiliate serving the Fresno, California market, as a result of the TBA with the station during the period February 1, 2013 to May 31, 2013. Nexstar had evaluated the business arrangement with KSEE and determined that it was the primary beneficiary of the variable interest because it had the ultimate power to direct the activities that most significantly impact the economic performance of the station including developing the annual operating budget, programming and oversight and control of sales management personnel. Therefore, Nexstar consolidated KSEE as of February 1, 2013 under authoritative guidance related to the consolidation of variable interest entities. See Note 3 for additional information.

Nexstar also determined that it has variable interests in the stations included in the proposed acquisition from Citadel Communications, L.P. and its related entities (“Citadel”) (See Note 3) as a result of TBAs effective September 16, 2013. Nexstar has evaluated its arrangements with these stations and determined that it is the primary beneficiary of the variable interests because it has the ultimate power to direct the activities that most significantly impact the economic performance of the stations including developing the annual operating budget, programming and oversight and control of sales management personnel. Therefore, Nexstar has consolidated these stations under authoritative guidance related to the consolidation of variable interest entities as of September 16, 2013.

Financial Instruments

The carrying amounts of cash and cash equivalents, accounts receivable, broadcast rights payable, accounts payable and accrued expenses approximate fair value due to their short-term nature. See Note 6 for fair value disclosures related to the Company’s debt.

Income Per Share

Basic income per share is computed by dividing the net income by the weighted-average number of common shares outstanding during the period. Diluted income per share is computed using the weighted-average number of common shares and potentially dilutive common shares outstanding during the period. Potentially dilutive common shares are calculated using the treasury stock method. They consist of stock options outstanding during the period and reflect the potential dilution that could occur if common stock were issued upon exercise of stock options. The following table shows the amounts used in computing the Company’s diluted shares (in thousands):

Three Months Ended

Nine Months Ended

September 30,

2013

2012

2013

2012

Weighted average shares outstanding - basic

30,048

28,960

29,706

28,881

Effect of dilutive stock options

1,461

1,743

1,591

1,680

Weighted average shares outstanding - diluted

31,509

30,703

31,297

30,561

No stock options were excluded from the computation of dilutive earnings per share for the three and nine months ended September 30, 2013. Stock options to purchase 308,000 shares and 173,000 shares of Class A common stock were excluded from the computation of diluted earnings per share for the three and nine months ended September 30, 2012, respectively, because their impact would have been antidilutive.

Basis of Presentation

Certain prior year financial statement amounts have been reclassified to conform to the current year presentation. These reclassifications had no effect on net income or stockholders’ equity as previously reported.

Recent Accounting Pronouncements

In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (Topic 740) (“ASU 2013-11”) which provides guidance on financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The update is effective for years beginning after December 15, 2013. The Company does not expect the implementation of this standard to have a material impact on its financial position or results of operations.

In February 2013, the FASB issued ASU No. 2013-04, Liabilities (Topic 405) (“ASU 2013-04”). ASU 2013-04 provides guidance on measurement of fixed obligations resulting from joint and several liability arrangements as the sum of the amount a reporting entity agreed to pay on the basis of its arrangements among its co-obligors and any additional amount the reporting entity expects to pay on behalf of its co-obligors. ASU 2013-04 also requires disclosure of the nature and amount of the obligation as well as other information. The update is effective for years beginning after December 15, 2013. The Company does not expect the implementation of this standard to have a material impact on its financial position or results of operations.

Acquisitions

9 Months Ended

Sep. 30, 2013

Acquisitions [Abstract]

Acquisitions

Citadel

On September 16, 2013, Nexstar entered into definitive agreements to acquire three television stations in three markets as follows:

Market

Market Rank

Station

Affiliation

Des Moines, IA

WOI

ABC

Rock Island, IL

WHBF

CBS

Sioux City, IA

147

KCAU

ABC

Under the terms of the purchase agreements, Nexstar will acquire the assets of KCAU and WHBF and the outstanding equity of WOI for a total of $87.9 million in cash, subject to adjustments for working capital, from Citadel. These acquisitions will allow Nexstar entrance into three new markets. Nexstar made payments of $44.8 million to acquire the assets excluding FCC licenses and real property interests of KCAU and WHBF and $21.0 million as an upfront payment to acquire the outstanding equity of WOI, funded by a combination of borrowings under Nexstar’s revolving credit facility (See Note 6) and cash on hand. Nexstar began providing programming and sales services to these stations pursuant to TBAs effective September 16, 2013. The remaining purchase price of $22.0 million is expected to be funded by Nexstar through borrowings under its existing credit facility and cash on hand. As of September 30, 2013, this amount is included in the current liabilities of the Condensed Consolidated Balance Sheet. The acquisitions are subject to FCC approval and other customary conditions and Nexstar is projecting them to close in the first quarter of 2014.

During each of the three and nine months ended September 30, 2013, Nexstar incurred acquisition related costs of $0.3 million, which primarily consisted of legal and professional fees. These costs are included in selling, general and administrative expenses in the accompanying Condensed Consolidated Statements of Operations.

As discussed in Note 2, Nexstar is the primary beneficiary of its variable interests in KCAU, WHBF and WOI. Therefore, Nexstar consolidated these entities into its Condensed Consolidated Financial Statements beginning September 16, 2013. Nexstar is in the process of finalizing the allocation of purchase price to the fair values of assets and liabilities acquired and managed through TBAs. The preliminary estimated fair values of the assets acquired, FCC licenses and real property interests to be acquired and liabilities assumed in the acquisitions are as follows (in thousands):

Broadcast rights

269

Prepaid expenses and other current assets

254

Property and equipment

12,710

FCC licenses

25,080

Network affiliation agreements

26,500

Other intangible assets

3,292

Goodwill

20,270

Other assets

226

Total assets acquired

88,601

Less: Broadcast rights payable

(269

)

Less: Accounts payable and accrued expenses

(467

)

Net assets acquired

87,865

The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in programming and other station operating costs. Nexstar expects the goodwill and FCC licenses to be deductible for tax purposes. The intangible asset related to the network affiliation agreements to be acquired will be amortized over 15 years. Other intangible assets are expected to be amortized over an estimated weighted average useful life of 11 months.

KCAU/WHBF/WOI’s net revenue of $0.9 million and breakeven from operations for the period September 16, 2013 to September 30, 2013 have been included in the accompanying Condensed Consolidated Statements of Operations.

Stainless

On September 13, 2013, Mission entered into a definitive agreement to acquire WICZ and WBPN-LP, both in the Binghamton, New York market, from Stainless Broadcasting, L.P. (“Stainless”). The acquisition will allow Mission entrance into this market. Under the terms of the purchase agreement, Mission will acquire the assets of WICZ and WBPN-LP for $15.3 million in cash, subject to adjustments for working capital to be acquired. A deposit of $0.2 million was paid upon signing the agreement. The remaining purchase price is expected to be funded by Mission through borrowings under its existing credit facility and cash on hand. The acquisition is subject to FCC approval and other customary conditions and Mission projects it to close in the first quarter of 2014.

CCA/White Knight

On April 24, 2013, Nexstar and Mission entered into a stock purchase agreement (“Stock Purchase Agreement”) to acquire the stock of privately-held Communications Corporation of America (“CCA”) and White Knight Broadcasting (“White Knight”), the owners of 19 television stations in 10 markets, for a total consideration of $270.0 million, subject to adjustments for working capital to be acquired. Pursuant to the Stock Purchase Agreement, Nexstar has agreed to purchase all the outstanding equity of CCA and Mission has agreed to purchase all the outstanding equity of White Knight. Nexstar will acquire 10 television stations, Mission will acquire 7 television stations and Rocky Creek Communications, Inc. (“Rocky Creek”), an independent third party, will acquire 2 television stations. Nexstar will also enter into local service agreements with Mission and Rocky Creek. These acquisitions will allow the Company and Rocky Creek entrance into seven new markets and operate duopolies in four markets. The stations to be acquired are as follows:

Market

Market Rank

Station

Affiliation

Nexstar:

Harlingen-Weslaco-Brownsville-McAllen, TX

KVEO

NBC/Estrella

Waco-Temple-Bryan, TX

KWKT

FOX/MNTV/Estrella

KYLE

FOX/MNTV/Estrella

El Paso, TX

KTSM

NBC/Estrella

Baton Rouge, LA

WGMB

FOX

WBRL-CD

The CW

Tyler-Longview, TX

107

KETK

NBC/Estrella

Lafayette, LA

124

KADN

FOX

KLAF-LD

MNTV

Alexandria, LA

179

WNTZ

FOX/MNTV

Mission:

Shreveport, LA

KMSS

FOX

Baton Rouge, LA

WVLA

NBC

KZUP-CD

RTV

Tyler-Longview, TX

107

KFXK

FOX

KFXL-LD

FOX

KLPN-LD

MNTV

Odessa-Midland, TX

152

KPEJ

FOX/Estrella

Rocky Creek:

Shreveport, LA

KSHV

MNTV

Evansville, IN

104

WEVV

CBS/FOX/MNTV

A deposit of $27.0 million was paid upon signing the agreement funded by a combination of borrowings under Nexstar’s revolving credit facility (See Note 6) and cash on hand. The remaining purchase price is expected to be funded through cash generated from operations prior to closing, borrowings under the existing credit facilities and future credit market transactions. The acquisitions are subject to FCC approval and other customary conditions and the Company is projecting them to close in the fourth quarter of 2013 or the first quarter of 2014.

During the three and nine months ended September 30, 2013, the Company incurred acquisition related costs of $0.2 million and $0.8 million, respectively, which primarily consisted of legal and professional fees. These costs are included in selling, general and administrative expenses in Nexstar’s Condensed Consolidated Statements of Operations.

During the nine months ended September 30, 2013, the Company completed the acquisitions listed below. These acquisitions have been accounted for using the purchase method of accounting and, accordingly, the purchase price was allocated to assets acquired and liabilities assumed based on their estimated fair value on the acquisition date. The excess of the purchase price over the fair values assigned to the net assets acquired was recorded as goodwill.

Station

Network

Market

Date Acquired

Acquired By

Affiliation

KLRT-TV

Fox

Little Rock-Pine Bluff, Arkansas

1-Jan-13

Mission

KASN

The CW

Little Rock-Pine Bluff, Arkansas

1-Jan-13

Mission

KGET

NBC/The CW

Bakersfield, California

1-Feb-13

Nexstar

KKEY-LP

Telemundo

Bakersfield, California

1-Feb-13

Nexstar

KGPE

CBS

Fresno-Visalia, California

1-Feb-13

Nexstar

KSEE

NBC/LATV

Fresno-Visalia, California

1-Feb-13

Nexstar

WFFF

FOX

Burlington-Plattsburgh, Vermont

1-Mar-13

Nexstar

WVNY

ABC

Burlington-Plattsburgh, Vermont

1-Mar-13

Mission

KLRT-TV/KASN

Effective January 1, 2013, Mission acquired the assets of KLRT-TV and KASN from Newport Television LLC (“Newport”) 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 (See Note 6). This acquisition allows Mission entrance into this market. No significant transaction costs were incurred in connection with this acquisition during the nine months ended September 30, 2013.

The estimated 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

Property and equipment

11,153

FCC licenses of Mission

16,827

Network affiliation agreements

17,002

Other intangible assets

2,511

Goodwill

12,727

Other assets

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-TV/KASN’s net revenue of $5.6 million and net income of $2.7 million for the three months ended September 30, 2013 and net revenue of $15.5 million and net income of $7.0 million during the nine months ended September 30, 2013 have been included in the accompanying Condensed Consolidated Statements of Operations.

KGET/KKEY-LP/KGPE

Effective February 1, 2013, Nexstar acquired the assets of KGET, KKEY-LP and KGPE from Newport for $35.4 million in cash, funded by cash on hand and includes a $3.5 million deposit paid by Nexstar upon signing the purchase agreement in November 2012. This acquisition allows Nexstar entrance into these markets. The transaction costs relating to this acquisition, including legal and professional fees of $0.2 million were expensed as incurred.

The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

Broadcast rights

Prepaid expenses and other current assets

351

Property and equipment

9,343

FCC licenses

14,318

Network affiliation agreements

9,307

Other intangible assets

1,310

Goodwill

1,077

Total assets acquired

35,778

Less: Broadcast rights payable

(72

)

Less: Deferred revenue

(57

)

Less: Accounts payable and accrued expenses

(196

)

Net assets acquired

35,453

KGET/KKEY-LP/KGPE’s net revenue of $6.8 million and net income of $0.2 million for the three months ended September 30, 2013 and net revenue of $18.0 million and net income of $0.2 million for the period February 1, 2013 to September 30, 2013 have been included in the accompanying Condensed Consolidated Statements of Operations.

KSEE

Effective February 1, 2013, Nexstar entered into a definitive agreement to acquire the assets of KSEE and an unrelated network affiliation agreement from Granite Broadcasting Corporation (“Granite”) for $26.5 million in cash. Pursuant to the asset purchase agreement, Nexstar made a payment of $20.0 million funded by cash on hand, to acquire the station’s assets excluding FCC license and certain transmission equipment. Nexstar also entered into a TBA for KSEE, effective February 1, 2013, to program most of KSEE’s broadcast time, sell its advertising time and retain the advertising revenue generated during the pendency of the FCC approval of the asset purchase. On April 17, 2013, Nexstar received approval from the FCC to purchase the remaining assets of KSEE. On May 31, 2013, Nexstar completed the acquisition of the FCC license and certain transmission equipment and paid the remaining purchase price of $6.5 million. Accordingly, the TBA was terminated as of this date. This acquisition allows Nexstar to operate a duopoly in this market. No significant transaction costs were incurred in connection with this acquisition during the nine months ended September 30, 2013.

The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

Prepaid expenses and other current assets

140

Property and equipment

7,350

FCC licenses

7,385

Network affiliation agreements

7,870

Other intangible assets

107

Goodwill

3,838

Total assets acquired

26,690

Less: Accounts payable and accrued expenses

(194

)

Net assets acquired

26,496

KSEE’s net revenue of $1.7 million and net income of $1.3 million for the three months ended September 30, 2013 and net revenue of $4.6 million and net income of $3.4 million for the period February 1, 2013 to September 30, 2013 have been included in the accompanying Condensed Consolidated Statements of Operations.

WFFF/WVNY

On March 1, 2013, Nexstar and Mission acquired the assets of WFFF and WVNY from Smith Media, LLC (“Smith Media”) for a total consideration of $16.6 million in cash, funded by a combination of Nexstar’s and Mission’s $10.0 million total borrowings from their revolving credit facilities (See Note 6) and cash on hand. The purchase price includes a $0.8 million deposit paid by Nexstar upon signing the purchase agreement in November 2012. This acquisition allows Nexstar and Mission entrance into this market. The transaction costs relating to this acquisition, including legal and professional fees of $0.1 million were expensed as incurred.

The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

Broadcast rights

1,030

Prepaid expenses and other current assets

150

Property and equipment

7,100

FCC licenses

2,797

FCC licenses of Mission

2,797

Network affiliation agreements

2,119

Other intangible assets

439

Goodwill

1,787

Total assets acquired

18,219

Less: Broadcast rights payable

(1,145

)

Less: Deferred revenue

(19

)

Less: Accounts payable and accrued expenses

(504

)

Net assets acquired

16,551

WFFF/WVNY’s net revenue of $2.7 million and net income of $0.3 million for the three months ended September 30, 2013 and net revenue of $6.8 million and net income of $1.0 million for the period March 1, 2013 to September 30, 2013 have been included in the accompanying Condensed Consolidated Statements of Operations.

Unaudited Pro Forma Information

The Granite and Smith Media acquisitions are immaterial, both individually and in aggregate, therefore pro forma information has not been provided for these acquisitions.

On December 1, 2012, Nexstar acquired the assets of ten television stations and Inergize Digital Media (“Inergize”) from Newport for $225.5 million in cash (the “2012 Newport Acquisition”). As discussed above, Nexstar and Mission acquired certain television stations from Newport during the nine months ended September 30, 2013 (the “2013 Newport Acquisitions”). As the stations were acquired from the same entity, the Company considered these acquisitions as a single transaction for purposes of assessing materiality and presenting pro forma information. Therefore, the following unaudited pro forma information has been presented as if the 2012 Newport Acquisition and the 2013 Newport Acquisitions had occurred on January 1, 2012, for the three and nine months ended 2013 (in thousands):

Three Months Ended

Nine Months Ended

September 30,

2013

2012

2013

2012

Net revenue

125,792

120,481

365,781

354,281

Income before income taxes

7,667

12,913

21,378

27,071

Net income

3,902

10,295

11,753

19,179

Net income per common share - basic

0.13

0.36

0.4

0.66

Net income per common share - diluted

0.12

0.34

0.38

0.63

The above selected unaudited pro forma information is presented for illustrative purposes only and is not necessarily indicative of results of operations in future periods or results that would have been achieved had the Company owned the acquired stations during the specified periods.

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill	9 Months Ended
Intangible Assets and Goodwill	Sep. 30, 2013
Intangible Assets and Goodwill [Abstract]	'
Intangible Assets and Goodwill	'
	4	Intangible Assets and Goodwill

	Intangible assets subject to amortization consisted of the following (in thousands):

			Estimated		30-Sep-13											31-Dec-12
			useful life,						Accumulated											Accumulated
			in years		Gross				Amortization				Net			Gross				Amortization				Net
	Network affiliation agreements			15		$	442,182			$	(285,939	)		$	156,243		$	379,384			$	(268,921	)		$	110,463
	Other definite-lived intangible assets			15-Jan			33,329				(19,524	)			13,805			25,670				(13,642	)			12,028
	Other intangible assets					$	475,511			$	(305,463	)		$	170,048		$	405,054			$	(282,563	)		$	122,491

	During 2013, certain customers terminated their web hosting and other services agreements with Nexstar. Nexstar acquired these contracts through purchase of the assets of Inergize in December 2012 and had a total fair value related to these acquired contracts of $1.4 million at acquisition date. Pursuant to the termination agreements, Nexstar received an aggregate termination fee of $5.5 million, which was included in net revenue in its Condensed Consolidated Statements of Operations during the nine months ended September 30, 2013. As a result of the contract terminations, Nexstar recognized an additional $1.0 million amortization of intangible assets in the accompanying Condensed Consolidated Statements of Operations during the three and nine months ended September 30, 2013. As of September 30, 2013, the intangible assets associated with the terminated contracts are fully amortized.

	The following table presents the Company’s estimate of amortization expense for the remainder of 2013, each of the five succeeding years ended December 31 and thereafter for definite-lived intangible assets as of September 30, 2013 (in thousands):

	Remainder of 2013		$	8,407
	2014			22,940
	2015			21,865
	2016			16,526
	2017			15,736
	2018			13,677
	Thereafter			70,897
			$	170,048

	The amounts recorded to goodwill and FCC licenses were as follows (in thousands):

		Goodwill											FCC Licenses
					Accumulated											Accumulated
		Gross			Impairment				Net				Gross			Impairment				Net
	Balance as of December 31, 2012		$	194,400		$	(45,991	)		$	148,409			$	269,617		$	(49,421	)		$	220,196
	Acquisitions (See Note 3)			39,699			-				39,699				69,204			-				69,204
	Balance as of September 30, 2013		$	234,099		$	(45,991	)		$	188,108			$	338,821		$	(49,421	)		$	289,400

	The Company expenses as incurred any costs to renew or extend its FCC licenses. Indefinite-lived intangible assets are not subject to amortization, but are tested for impairment annually or whenever events or changes in circumstances indicate that such assets might be impaired. As a result of the termination of certain web hosting and other services agreements, Nexstar assessed the recoverability of one of its reporting units as of September 30, 2013 by comparing its estimated fair value with its carrying amount. Based on the results of the step one analysis, it is more likely than not that the fair value of the reporting unit exceeds its carrying amount. Therefore, no impairment of goodwill is indicated and Nexstar deemed it not necessary to perform the step two impairment test. We did not identify any other events that would trigger impairment assessment.

Accrued_Expenses

Accrued Expenses	9 Months Ended
Accrued Expenses	Sep. 30, 2013
Accrued Expenses [Abstract]	'
Accrued Expenses	'
	5	Accrued Expenses

	Accrued expenses consisted of the following (in thousands):

			September 30,		December 31,
			2013		2012
	Compensation and related taxes		$	7,773	$	7,282
	Sales commissions			2,124		1,919
	Employee benefits			1,447		1,147
	Property taxes			1,317		653
	Other accruals related to operating expenses			10,554		7,121
			$	23,215	$	18,122

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2013
Debt [Abstract]	'
Debt	'
	6	Debt

	Long-term debt consisted of the following (in thousands):

			September 30,			December 31,
			2013			2012
	Term loans, net of discount of $1,686 and $1,736, respectively		$	396,564		$	288,264
	Revolving loans			55,000			-
	8.875% Senior secured second lien notes due 2017, net of discount of $4,640 and $5,622, respectively			309,935			319,378
	6.875% Senior unsecured notes due 2020			250,000			250,000
				1,011,499			857,642
	Less: current portion			(4,750	)		(2,175	)
			$	1,006,749		$	855,467

	2013 Transactions

	During the nine months ended September 30, 2013, the Company borrowed a net amount of $55.0 million revolving loans under its senior secured credit facilities. In June and September 2013, Nexstar and Mission each paid the contractual maturities under their senior secured credit facilities, for a total payment of $1.8 million.

	On January 3, 2013, Mission borrowed $60.0 million in term loans under its senior secured credit facility to fund the acquisition of the assets of KLRT-TV and KASN from Newport (See Note 3).

	On June 28, 2013, Nexstar and Mission entered into amendments to each of their senior secured credit facilities. The amendments provided commitments for incremental term loan facilities (“Term Loan A Facilities”) available to Nexstar of $144.0 million and to Mission of $90.0 million, subject to reallocation of up to $18.0 million for the benefit of Rocky Creek, pursuant to the terms of the amended credit agreements. On June 28, 2013, Nexstar received initial proceeds of $50.0 million under its incremental term loan facility. The initial proceeds under Nexstar’s Term Loan A Facility, together with the Company’s net borrowings from its revolving credit facilities during the nine months ended September 30, 2013 were used to partially fund the required deposit to acquire the stock of CCA and White Knight, to fund the remaining purchase price in relation to Nexstar’s purchase of KSEE’s assets, to partially finance the acquisition of the assets of WFFF and WVNY from Smith Media and to partially fund the payments made pursuant to the purchase agreements entered by Nexstar to acquire KCAU, WHBF and WOI (See Note 3 for additional information on station acquisitions).

	Nexstar and Mission recorded $0.9 million and $0.2 million, respectively, in legal, professional and underwriting fees related to the Term Loan A Facilities, which were capitalized as debt finance costs, included in other noncurrent assets, net on the Condensed Consolidated Balance Sheet as of September 30, 2013, and are being amortized over their terms.

	During September 2013, Nexstar repurchased $10.4 million of the 8.875% Senior Secured Second Lien Notes (“8.875% Notes”) at an average price of 108.2%, plus accrued and unpaid interest, funded by cash on hand. The repurchases resulted in a loss on extinguishment of debt of $1.0 million.

	On October 1, 2013, Nexstar completed the sale and issuance of $275.0 million 6.875% Senior Unsecured Notes (the “Additional 6.875% Notes”) at 100.25%, plus accrued interest from May 15, 2013. The Additional 6.875% Notes will mature on November 15, 2020 and interest is payable semiannually in arrears on May 15 and November 15 of each year. The Additional 6.875% Notes are guaranteed by Nexstar Broadcasting, Inc., a wholly-owned, indirect subsidiary of Nexstar, (“Nexstar Broadcasting”) and Mission and certain of the Company’s future 100% owned subsidiaries, subject to certain customary release provisions. The Additional 6.875% Notes have the same terms as, and are to be treated as a single class with Nexstar’s $250.0 million 6.875% Senior Unsecured Notes that were issued on November 9, 2012 (the “6.875% Notes”).

	On October 1, 2013, Nexstar and Mission entered into amendments to each of their senior secured credit facilities. The amendments provided for incremental term loan facilities (“Term Loan B-2 Facilities”) to Nexstar of $25.0 million and to Mission of $125.0 million and amended revolving credit facilities available to Nexstar of $75.0 million and to Mission of $30.0 million. The principal amounts under the Term Loan B-2 Facilities are reduced by quarterly payments of 0.25% beginning December 31, 2013. The remainder of the principal is due in full at maturity on October 1, 2020.

	The Company expects to use the net proceeds from the Additional 6.875% Notes and Term Loan B-2 Facilities to repurchase the outstanding principal balance of the 8.875% Notes, to partially fund the Company’s acquisition of five television stations in four markets from Citadel and Stainless (See Note 3), to pay for related fees and expenses and for general corporate purposes. On October 1, 2013, Nexstar and Mission repurchased $292.7 million of the outstanding principal balance of the 8.875% Notes at 108.875%, plus accrued and unpaid interest, in accordance with a tender offer dated September 17, 2013. The repurchase resulted in a loss on extinguishment of debt of $31.3 million. The tender offer expired on October 15, 2013 and the Company issued a notice of redemption to the holders of the remaining principal balance of $21.9 million at a redemption price as defined in the indenture, plus accrued and unpaid interest, to redeem such outstanding amount on November 16, 2013.

	Nexstar and Mission recorded $0.8 million and $0.1 million, respectively, in legal, professional and underwriting fees related to the Additional 6.875% Notes and Term Loan B-2 Facilities, which were capitalized as debt finance costs, included in other noncurrent assets, net on the Condensed Consolidated Balance Sheet as of September 30, 2013.

	Unused Commitments and Borrowing Availability

	The Company had $45.0 million of total unused revolving loan commitments under its senior secured credit facilities, all of which was available for borrowing, based on the covenant calculations as of September 30, 2013. The Company also had $184.0 million of unused Term Loan A Facilities commitment under its amended senior secured credit facilities, all of which was available for borrowing as of September 30, 2013, upon the close of the CCA and White Knight acquisitions. The Company’s ability to access funds under its senior secured credit facilities depends, in part, on its compliance with certain financial covenants.

	Debt Covenants

	The Nexstar senior secured credit facility agreement contains covenants which require the Company to comply with certain financial covenant ratios, including (1) a maximum consolidated total leverage ratio of Nexstar Broadcasting, a wholly-owned, indirect subsidiary of Nexstar, and Mission of 7.25 to 1.00 at September 30, 2013, (2) a maximum consolidated first lien indebtedness ratio of 3.50 to 1.00 at any time and (3) a minimum consolidated fixed charge coverage ratio of 1.20 to 1.00 at any time. The covenants, which are formally calculated on a quarterly basis, are based on the combined results of Nexstar Broadcasting and Mission. Mission’s senior secured credit agreement does not contain financial covenant ratio requirements, but includes default provisions in the event Nexstar does not comply with all covenants contained in its senior secured credit facility agreement. As of September 30, 2013, the Company was in compliance with all of its covenants.

	Collateralization and Guarantees of Debt

	Nexstar and Mission’s senior secured credit facilities are collateralized by a security interest in substantially all the combined assets, excluding FCC licenses, of Nexstar and Mission. Nexstar guarantee full payment of all obligations incurred under the Mission senior secured credit facility in the event of Mission’s default. Similarly, Mission is a guarantor of the Nexstar senior secured credit facility and the senior unsecured notes issued by Nexstar.

	Fair Value of Debt

	The aggregate carrying amounts and estimated fair values of the Company’s debt were as follows (in thousands):

						30-Sep-13					31-Dec-12
						Carrying			Fair		Carrying		Fair
						Amount			Value		Amount		Value
	Term loans(1)					$	396,564		$	392,527	$	288,264	$	293,187
	Revolving loans(1)						55,000			56,714		-		-
	8.875% Senior secured second lien notes(2)						309,935			342,462		319,378		359,125
	6.875% Senior unsecured notes(2)						250,000			255,470		250,000		258,750
	_________________________
	-1		The fair value of senior secured credit facilities is computed based on borrowing rates currently available to Nexstar and 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.
	-2		The fair value of Nexstar’s fixed rate debt is estimated based on bid prices obtained from an investment banking firm that regularly makes a market for these financial instruments. These fair value measurements are considered Level 2, as quoted market prices are available for low volume trading of these securities.

Common_Stock

Common Stock	9 Months Ended
	Sep. 30, 2013
Common Stock [Abstract]	'
Common Stock	'
	7	Common Stock

	In February 2013, Nexstar’s principal stockholder, ABRY Partners, LLC (“ABRY”) converted a total of 3,450,000 shares of Class B common stock into an equal number of Class A common stock, which was sold in an offering completed on February 12, 2013. In May 2013, Nexstar’s Class B common stockholders converted all of the 4,252,471 outstanding Class B common stock into an equal number of Class A common stock, of which 3,865,384 shares were held by ABRY. ABRY sold 3,500,000 shares of its Class A common stock holding in an offering that was completed on May 7, 2013. In addition, Nexstar repurchased and held in treasury the remaining 365,384 shares of Class A common stock from ABRY for a total of $8.4 million. As a result of these transactions, no Class B common stock is outstanding and ABRY no longer holds an ownership interest in Nexstar. During the quarter ended June 30, 2013, Nexstar utilized all of the 365,384 shares held in treasury in connection with stock option exercises.

Contract_Termination

Contract Termination	9 Months Ended
	Sep. 30, 2013
Contract Termination [Abstract]	'
Contract Termination	'
	8	Contract Termination

	On March 31, 2008, Nexstar signed a ten year agreement for national sales representation with two units of Katz Television Group, a subsidiary of Katz Media Group (“Katz”), transferring 24 stations in 14 of its markets from Petry Television Inc. (“Petry”) and Blair Television Inc. (“Blair”). Nexstar, Blair, Petry and Katz entered into a termination and mutual release agreement under which Blair agreed to release Nexstar from its future contractual obligations in exchange for payments totaling $8.0 million. Katz is making the payments on behalf of Nexstar as an inducement for Nexstar to enter into the long-term contract with Katz. A liability of $7.2 million, representing the present value of the payments Katz is making to Blair, was recorded and is being recognized as a non-cash reduction to operating expenses over the term of the agreement with Katz. Effective May 1, 2009, Nexstar signed another agreement to transfer the remaining Nexstar stations to Katz and its related companies. Moving these contracts resulted in Nexstar cancelling multiple contracts with Blair. As a result, Blair sued the Company for additional termination fees. Katz indemnified the Company for all expenses related to the settlement and defense of this lawsuit. The lawsuit was settled effective May 7, 2010. Termination of these contracts resulted in an additional liability of $0.2 million, which is being recognized over the remaining contract term with Katz.

	As of September 30, 2013, $0.7 million of this liability was included in other current liabilities and $3.0 million was included in other noncurrent liabilities in the accompanying Condensed Consolidated Balance Sheet. The Company recognized $0.2 million of these incentives as a reduction in selling, general and administrative expense for each of the three months ended September 30, 2013 and 2012 and $0.6 million for each of the nine months then ended.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	9	Income Taxes

	The Company’s effective tax rate for the nine months ended September 30, 2013 was 45.3%, which consists of federal and state income taxes. Prior to the fourth quarter of 2012, a valuation allowance was recorded against deferred tax assets for net operating loss carryforwards (“NOLs”) and other deferred tax assets, and the Company’s provision for income taxes was primarily comprised of deferred income taxes resulting from the amortization of goodwill and other indefinite-lived intangible assets for income tax purposes which are not amortized for financial reporting purposes. In the fourth quarter of 2012, the Company released the full amount of its valuation allowance against deferred tax assets for NOLs and other deferred tax assets.

	The Company’s deferred tax assets primarily result from federal and state NOLs. The Company’s NOLs are available to reduce future taxable income if utilized before their expiration. Section 382 of the Internal Revenue Code of 1986, as amended, generally imposes an annual limitation on the amount of NOLs that may be used to offset taxable income when a corporation has undergone significant changes in stock ownership. Ownership changes are evaluated as they occur and could limit the ability to use NOLs. On May 7, 2013, ABRY sold 3,865,384 shares of common stock and it no longer has any ownership interest in Nexstar. As a result of this sale, an ownership change occurred resulting in a Section 382 limitation on the use of Nexstar’s NOLs. The sale of common stock by ABRY is not expected to impact Mission. The Company expects to be able to utilize its existing NOLs prior to their expiration. Nexstar’s estimated annual Section 382 limitation following the ownership change is $53.0 million for 2013, $91.0 million for each of 2014-2017, $50.0 million for 2018 and $21.0 million annually thereafter.

	In addition, any subsequent ownership changes could result in additional limitations. The ability to use NOLs is also dependent upon the Company’s ability to generate taxable income. The NOLs could expire before the Company generates sufficient taxable income. To the extent the Company’s use of NOLs is significantly limited, the Company’s income could be subject to corporate income tax earlier than it would if it were able to use NOLs, which could have a negative effect on the Company’s financial results and operations. Changes in ownership are largely beyond the Company’s control and the Company can give no assurance that it will continue to have realizable NOLs.

FCC_Regulatory_Matters

FCC Regulatory Matters	9 Months Ended
	Sep. 30, 2013
FCC Regulatory Matters [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 and the stations to which it provides services. 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, the stations to which it provides services 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. The FCC has established a September 1, 2015 deadline by which low power and television translator stations must cease analog operations, and low power and television translator stations operating on channels 52-69 were required to cease operation on those channels by December 31, 2011. The Company has transitioned its television translator operations on channels 52-69 to digital operations and will transition its remaining low power and television translator stations to digital operations prior to September 1, 2015.

	Media Ownership

	In 2006, the FCC initiated a rulemaking proceeding to review all of its media ownership rules, as required by the Communications Act. The FCC considered rules relating to ownership of two or more TV stations in a market, ownership of local TV and radio stations by daily newspapers in the same market, cross-ownership of local TV and radio stations, and changes to how the national TV ownership limits are calculated. In February 2008, the FCC adopted modest changes to its newspaper/broadcast cross-ownership rule while retaining the rest of its ownership rules then currently in effect. On July 7, 2011, the U.S. Court of Appeals for the Third Circuit vacated the FCC’s changes to its newspaper/broadcast cross-ownership rule while upholding the FCC’s retention of its other media ownership rules. In June 2012, the Supreme Court denied various petitions for Supreme Court review of the Third Circuit’s decision.

	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.” During 2009, the FCC held a series of hearings designed to evaluate possible changes to its rules. In May 2010, the FCC formally initiated its 2010 review of its media ownership rules with the issuance of a Notice of Inquiry (NOI). In December 2011, the FCC issued a Notice of Proposed Rulemaking (NPRM) seeking comment on specific proposed changes to its ownership rules. Among the specific changes proposed in the NPRM are (1) elimination of the contour overlap provision of the local television ownership rule (making the rule entirely DMA-based), (2) elimination of the radio/television cross-ownership rule, and (3) modest relaxation of the newspaper/broadcast cross-ownership rule. The NPRM also sought comment on shared services agreements (SSAs) and other joint operating arrangements between television stations, and whether such agreements should be considered attributable. Comments and reply comments on the NPRM were filed in March and April 2012. 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. The Company cannot predict what rules the FCC will adopt in these proceedings or when they will be adopted.

	Spectrum

	The FCC has initiated various proceedings to assess the availability of spectrum to meet future wireless broadband needs. The FCC’s March 2010 “National Broadband Plan” recommends the reallocation of 120 megahertz of the spectrum currently used for broadcast television for wireless broadband use. The FCC has thus far adopted rules permitting television stations to share a single 6 megahertz channel and requested comment on proposals that include, among other things, whether to add new frequency allocations in the television bands for licensed fixed and mobile wireless uses and whether to implement technical rule modifications to improve the viability of certain channels that are underutilized by digital television stations. In February 2012, Congress adopted legislation authorizing the FCC to conduct an incentive auction whereby television broadcasters could voluntarily relinquish all or part of their spectrum in exchange for consideration. On September 28, 2012, the FCC adopted a Notice of Proposed Rule Making seeking public comment on the design of the incentive auction and various technical issues related to the reallocation of television spectrum for mobile broadband use. Comments on the notice were filed in January 2013, and reply comments were filed in March 2013. A reallocation of television spectrum for wireless broadband use would involve a “repacking” of the television broadcast band, which would require some television stations to change channel or otherwise modify their technical facilities. Future steps to reallocate 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 timing or 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 has 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. If the FCC prohibits joint negotiations or modifies the network non-duplication and syndicated exclusivity protection rules, such changes likely would 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 proposals or their impact to its business.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	11	Commitments and Contingencies

	Operating Leases

	During the first quarter of 2013, the Company corrected its other noncurrent liabilities, other noncurrent liabilities of Mission and beginning accumulated deficit as of the earliest period being presented by an increase of $0.4 million, $0.3 million and $0.7 million, respectively, for an error in deferred rent from tower leases recorded during a 2003 acquisition. If this error had been corrected prior to the earliest period presented, net income would not have been significantly impacted for the three and nine months ended September 30, 2013 and 2012. Management evaluated this error considering both qualitative and quantitative factors and considered its impact in relation to the three and nine months ended September 30, 2013, when it was corrected, as well as the period in which it originated and believes that the adjustment was not material to any previous annual or quarterly period.

	Guarantee of Mission Debt

	Nexstar guarantee full payment of all obligations incurred under Mission’s senior secured credit facility. In the event that Mission is unable to repay amounts due, Nexstar will be obligated to repay such amounts. The maximum potential amount of future payments that Nexstar would be required to make under this guarantee would be generally limited to the amount of borrowings outstanding. As of September 30, 2013, Mission had a maximum commitment of $228.5 million under its senior secured credit facility, of which $103.5 million of debt was outstanding.

	Indemnification Obligations

	In connection with certain agreements into which the Company enters 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 other 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 immaterial 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, results of operations or cash flows.

Condensed_Consolidating_Financ

Condensed Consolidating Financial Information	9 Months Ended
Condensed Consolidating Financial Information	Sep. 30, 2013
Condensed Consolidating Financial Information [Abstract]	'
Condensed Consolidating Financial Information	'
	12	Condensed Consolidating Financial Information

	The following condensed consolidating financial information presents the financial position, results of operations and cash flows of Nexstar and its consolidated VIE. This information is presented in lieu of separate financial statements and other related disclosures pursuant to Regulation S-X Rule 3-10 of the Securities Exchange Act of 1934, as amended, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.”

	The Nexstar column presents the parent company’s financial information (not including any subsidiaries). Nexstar owns, directly and indirectly, 100% of two subsidiaries, Nexstar Finance Holdings, Inc. (“Nexstar Holdings”) and Nexstar Broadcasting. The Nexstar Holdings column presents its financial information (not including any subsidiaries). The Nexstar Broadcasting column presents its financial information (not including the results of Mission). The Mission column presents the financial information of Mission, an entity which Nexstar Broadcasting is required to consolidate as a VIE (see Note 2). Neither Mission nor Nexstar Broadcasting has any subsidiaries.

	Nexstar Broadcasting has the following notes outstanding (See Note 6):

		(a)	6.875% Notes. The 6.875% Notes are issued by Nexstar Broadcasting and fully and unconditionally guaranteed by Nexstar and Mission, subject to certain customary release provisions. These notes are not guaranteed by any other entities.

		(b)	8.875% Notes. The 8.875% Notes are co-issued by Nexstar Broadcasting and Mission, jointly and severally, and fully and unconditionally guaranteed by Nexstar and all of Nexstar Broadcasting’s and Mission’s future 100% owned domestic subsidiaries, subject to certain customary release provisions. The net proceeds to Mission and Nexstar from the sale of the 8.875% Notes in 2010 were $316.8 million, net of $8.2 million original issuance discount. Mission received $131.9 million of the net proceeds and $184.9 million was received by Nexstar Broadcasting. As the obligations under the 8.875% Notes are joint and several to Nexstar Broadcasting and Mission, each entity reflects the full amount of the 8.875% Notes and related accrued interest in their separate financial statements. Further, the portions of the net proceeds and related accrued interest attributable to the respective co-issuers are reflected as a reduction to equity (due from affiliate) in their separate financial statements given the contractual relationships between the entities.

	CONDENSED CONSOLIDATING BALANCE SHEET
	As of September 30, 2013
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-			$	22,577			$	2,042			$	-			$	-			$	24,619
	Due from Nexstar Broadcasting			-				-				14,233				-				(14,233	)			-
	Other current assets			-				115,620				9,078				-				-				124,698
	Total current assets			-				138,197				25,353				-				(14,233	)			149,317
	Amounts due from subsidiary eliminated upon consolidation			12,395				-				-				-				(12,395	)			-
	Amounts due from parents eliminated upon consolidation			-				2,845				-				-				(2,845	)			-
	Property and equipment, net			-				191,515				27,748				-				-				219,263
	Goodwill			-				155,619				32,489				-				-				188,108
	FCC licenses			-				247,837				41,563				-				-				289,400
	Other intangible assets, net			-				144,733				25,315				-				-				170,048
	Other noncurrent assets			-				97,726				34,126				-				-				131,852
	Total assets		$	12,395			$	978,472			$	186,594			$	-			$	(29,473	)		$	1,147,988

	LIABILITIES AND
	STOCKHOLDERS' EQUITY
	(DEFICIT)
	Current liabilities:
	Current portion of debt		$	-			$	3,710			$	1,040			$	-			$	-			$	4,750
	Due to Mission			-				14,233				-				-				(14,233	)			-
	Other current liabilities			-				89,431				17,564				-				(12,795	)			94,200
	Total current liabilities			-				107,374				18,604				-				(27,028	)			98,950
	Debt			-				904,777				411,907				-				(309,935	)			1,006,749
	Deficiencies in subsidiaries eliminated upon consolidation			71,226				-				-				55,984				(127,210	)			-
	Amounts due to subsidiary eliminated upon consolidation			-				-				-				15,240				(15,240	)			-
	Other noncurrent liabilities			(3	)			22,305				8,627				2				-				30,931
	Total liabilities			71,223				1,034,456				439,138				71,226				(479,413	)			1,136,630
	Stockholders' equity (deficit):
	Common stock			304				-				-				-				-				304
	Other stockholders' equity (deficit)			(59,132	)			(55,984	)			(252,544	)			(71,226	)			449,940				11,054
	Total stockholders' equity (deficit)			(58,828	)			(55,984	)			(252,544	)			(71,226	)			449,940				11,358
	Total liabilities and
	stockholders' equity (deficit)		$	12,395			$	978,472			$	186,594			$	-			$	(29,473	)		$	1,147,988


	CONDENSED CONSOLIDATING BALANCE SHEET
	As of December 31, 2012
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-			$	68,681			$	318			$	-			$	-			$	68,999
Due from Nexstar Broadcasting			-				-				512				-				(512	)			-
Other current assets			-				88,700				5,627				-				-				94,327
Total current assets			-				157,381				6,457				-				(512	)			163,326
Amounts due from subsidiary eliminated upon consolidation			13,943				-				-				-				(13,943	)			-
Amounts due from parents eliminated upon consolidation			-				1,297				-				-				(1,297	)			-
Property and equipment, net			-				158,644				21,518				-				-				180,162
Goodwill			-				129,679				18,730				-				-				148,409
FCC licenses			-				198,257				21,939				-				-				220,196
Other intangible assets, net			-				112,296				10,195				-				-				122,491
Other noncurrent assets			-				70,689				40,542				-				-				111,231
Total assets		$	13,943			$	828,243			$	119,381			$	-			$	(15,752	)		$	945,815

LIABILITIES AND
STOCKHOLDERS' EQUITY
(DEFICIT)
Current liabilities:
Current portion of debt		$	-			$	1,845			$	330			$	-			$	-			$	2,175
Due to Mission			-				512				-				-				(512	)			-
Other current liabilities			-				52,372				9,463				-				(6,007	)			55,828
Total current liabilities			-				54,729				9,793				-				(6,519	)			58,003
Debt			-				812,315				362,531				-				(319,379	)			855,467
Deficiencies in subsidiaries eliminated upon consolidation			76,322				-				-				61,080				(137,402	)			-
Amounts due to subsidiary eliminated upon consolidation			-				-				-				15,240				(15,240	)			-
Other noncurrent liabilities			(3	)			22,279				7,828				2				-				30,106
Total liabilities			76,319				889,323				380,152				76,322				(478,540	)			943,576
Stockholders' equity (deficit):
Common stock			294				-				-				-				-				294
Other stockholders' equity (deficit)			(62,670	)			(61,080	)			(260,771	)			(76,322	)			462,788				1,945
Total stockholders' equity (deficit)			(62,376	)			(61,080	)			(260,771	)			(76,322	)			462,788				2,239
Total liabilities and
stockholders' equity (deficit)		$	13,943			$	828,243			$	119,381			$	-			$	(15,752	)		$	945,815


CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended September 30, 2013
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Net broadcast revenue (including trade and barter)		$	-			$	118,214			$	7,578			$	-			$	-			$	125,792
Revenue between consolidated entities			-				2,445				9,581				-				(12,026	)			-
Net revenue			-				120,659				17,159				-				(12,026	)			125,792
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-				33,519				3,751				-				-				37,270
Selling, general, and administrative expenses, excluding depreciation and amortization			-				36,882				705				-				-				37,587
Local service agreement fees between consolidated entities			-				9,581				2,445				-				(12,026	)			-
Amortization of broadcast rights			-				7,459				1,729				-				-				9,188
Amortization of intangible assets			-				6,246				1,750				-				-				7,996
Depreciation			-				7,748				850				-				-				8,598
Total operating expenses			-				101,435				11,230				-				(12,026	)			100,639
Income from operations			-				19,224				5,929				-				-				25,153
Interest expense, net			-				(12,447	)			(4,453	)			-				-				(16,900	)
Loss on extinguishment of debt			-				(1,048	)			-				-				-				(1,048	)
Other expense			-				(84	)			-				-				-				(84	)
Equity in income of subsidiaries			2,871				-				-				2,871				(5,742	)			-
Income before income taxes			2,871				5,645				1,476				2,871				(5,742	)			7,121
Income tax expense			-				(2,774	)			(752	)			-				-				(3,526	)
Net income		$	2,871			$	2,871			$	724			$	2,871			$	(5,742	)		$	3,595

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended September 30, 2012
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Net broadcast revenue (including trade and barter)		$	-			$	85,245			$	4,707			$	-			$	-			$	89,952
Revenue between consolidated entities			-				1,935				8,012				-				(9,947	)			-
Net revenue			-				87,180				12,719				-				(9,947	)			89,952
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-				20,117				1,833				-				-				21,950
Selling, general, and administrative expenses, excluding depreciation and amortization			-				26,712				794				-				-				27,506
Local service agreement fees between consolidated entities			-				8,012				1,935				-				(9,947	)			-
Amortization of broadcast rights			-				4,464				1,099				-				-				5,563
Amortization of intangible assets			-				4,210				1,270				-				-				5,480
Depreciation			-				5,195				701				-				-				5,896
Total operating expenses			-				68,710				7,632				-				(9,947	)			66,395
Income from operations			-				18,470				5,087				-				-				23,557
Interest expense, net			-				(8,688	)			(3,750	)			-				-				(12,438	)
Equity in income of subsidiaries			8,562				-				-				8,562				(17,124	)			-
Income before income taxes			8,562				9,782				1,337				8,562				(17,124	)			11,119
Income tax expense			-				(1,220	)			(338	)			-				-				(1,558	)
Net income		$	8,562			$	8,562			$	999			$	8,562			$	(17,124	)		$	9,561

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Nine Months Ended September 30, 2013
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Net broadcast revenue (including trade and barter)		$	-			$	342,326			$	21,882			$	-			$	-			$	364,208
Revenue between consolidated entities			-				7,295				28,885				-				(36,180	)			-
Net revenue			-				349,621				50,767				-				(36,180	)			364,208
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-				97,079				10,756				-				-				107,835
Selling, general, and administrative expenses, excluding depreciation and amortization			-				108,386				2,266				-				-				110,652
Local service agreement fees between consolidated entities			-				28,885				7,295				-				(36,180	)			-
Amortization of broadcast rights			-				22,046				4,821				-				-				26,867
Amortization of intangible assets			-				17,414				5,486				-				-				22,900
Depreciation			-				22,020				2,771				-				-				24,791
Total operating expenses			-				295,830				33,395				-				(36,180	)			293,045
Income from operations			-				53,791				17,372				-				-				71,163
Interest expense, net			-				(36,916	)			(13,436	)			-				-				(50,352	)
Loss on extinguishment of debt			-				(1,048	)			-				-				-				(1,048	)
Other expense			-				(252	)			-				-				-				(252	)
Equity in income of subsidiaries			8,443				-				-				8,443				(16,886	)			-
Income before income taxes			8,443				15,575				3,936				8,443				(16,886	)			19,511
Income tax expense			-				(7,132	)			(1,712	)			-				-				(8,844	)
Net income		$	8,443			$	8,443			$	2,224			$	8,443			$	(16,886	)		$	10,667
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Nine Months Ended September 30, 2012
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Net broadcast revenue (including trade and barter)		$	-			$	248,521			$	13,937			$	-			$	-			$	262,458
Revenue between consolidated entities			-				5,805				23,304				-				(29,109	)			-
Net revenue			-				254,326				37,241				-				(29,109	)			262,458
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-				60,583				5,347				-				-				65,930
Selling, general, and administrative expenses, excluding depreciation and amortization			-				79,705				2,041				-				-				81,746
Local service agreement fees between consolidated entities			-				23,304				5,805								(29,109	)			-
Amortization of broadcast rights			-				13,089				3,214				-				-				16,303
Amortization of intangible assets			-				12,784				3,811				-				-				16,595
Depreciation			-				15,217				2,142				-				-				17,359
Total operating expenses			-				204,682				22,360				-				(29,109	)			197,933
Income from operations			-				49,644				14,881				-				-				64,525
Interest expense, net			-				(26,715	)			(11,206	)			-				-				(37,921	)
Loss on extinguishment of debt			-				(497	)			-				-				-				(497	)
Equity in income of subsidiaries			18,705				-				-				18,705				(37,410	)			-
Income before income taxes			18,705				22,432				3,675				18,705				(37,410	)			26,107
Income tax expense			-				(3,727	)			(985	)			-				-				(4,712	)
Net income		$	18,705			$	18,705			$	2,690			$	18,705			$	(37,410	)		$	21,395
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Nine Months Ended September 30, 2013
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Cash flows from operating activities		$	-			$	43,554			$	(743	)		$	-			$	2,917			$	45,728

Cash flows from investing activities:
Purchases of property and equipment			-				(16,826	)			(81	)			-				-				(16,907	)
Deposits and payments for acquisitions			-				(161,321	)			(59,509	)			-				-				(220,830	)
Other investing activities			-				51				2,917				-				(2,917	)			51
Net cash used in investing activities			-				(178,096	)			(56,673	)			-				(2,917	)			(237,686	)

Cash flows from financing activities:
Proceeds from issuance of long-term debt			-				158,875				65,000				-				-				223,875
Repayments of long-term debt			-				(65,393	)			(5,520	)			-				-				(70,913	)
Common stock dividends paid			(10,654	)			-				-				-				-				(10,654	)
Purchase of treasury stock			(8,422	)			-				-				-				-				(8,422	)
Inter-company payments			12,914				(12,914	)			-				-				-				-
Other financing activities			6,162				7,870				(340	)			-				-				13,692
Net cash provided by financing activities			-				88,438				59,140				-				-				147,578
Net (decrease) increase in cash and cash equivalents			-				(46,104	)			1,724				-				-				(44,380	)
Cash and cash equivalents at beginning of period			-				68,681				318				-				-				68,999
Cash and cash equivalents at end of period		$	-			$	22,577			$	2,042			$	-			$	-			$	24,619
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Nine Months Ended September 30, 2012
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Cash flows from operating activities		$	-			$	66,973			$	1,756			$	-			$	-			$	68,729

Cash flows from investing activities:
Purchases of property and equipment			-				(10,858	)			(166	)			-				-				(11,024	)
Escrow payments on station acquisitions			-				(22,554	)			(6,000	)			-				-				(28,554	)
Other investing activities			-				39				-				-				-				39
Net cash used in investing activities			-				(33,373	)			(6,166	)			-				-				(39,539	)

Cash flows from financing activities:
Proceeds from issuance of long-term debt			-				66,500				4,000				-				-				70,500
Repayments of long-term debt			-				(94,742	)			(993	)			-				-				(95,735	)
Inter-company payments			(1,007	)			1,007				-				-				-				-
Other financing activities			1,007				(212	)			(60	)			-				-				735
Net cash (used in) provided by financing activities			-				(27,447	)			2,947				-				-				(24,500	)
Net increase (decrease) in cash and cash equivalents			-				6,153				(1,463	)			-				-				4,690
Cash and cash equivalents at beginning of period			-				5,648				1,898				-				-				7,546
Cash and cash equivalents at end of period		$	-			$	11,801			$	435			$	-			$	-			$	12,236

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	13	Subsequent Events

	In October 2013, Nexstar completed the sale and issuance of the Additional 6.875% Notes. In addition, Nexstar and Mission entered into amendments to each of their senior secured credit facilities which provided Term Loan B-2 Facilities and amended revolving credit facilities. The Company utilized a portion of the proceeds of the Additional 6.875% Notes and the Term Loan B-2 Facilities to repurchase a majority of the 8.875% Notes and to repay Nexstar’s outstanding revolving loans. The Company also issued a notice of redemption to redeem the remaining balance of the 8.875% Notes in November 2013. See Note 6 for additional information.

	On October 25, 2013, Nexstar’s Board of Directors declared a quarterly dividend of $0.12 per share of its Class A common stock. The dividend is payable on December 2, 2013 to shareholders of record on November 15, 2013.

	On November 6, 2013, Nexstar entered into a stock purchase agreement to acquire the outstanding equity of privately-held Grant Company, Inc. (“Grant”), the owner of 7 television stations in 4 markets, for $87.5 million in cash, subject to adjustments for working capital to be acquired. Simultaneous with this acquisition, Nexstar entered into a purchase agreement with Mission pursuant to which Mission will acquire one of Grant’s television stations from Nexstar and, upon consummation, enter into local service agreements with Nexstar. The acquisition will allow the Company entrance into 3 new markets: Roanoke, Virginia, Huntsville, Alabama and LaCrosse, Wisconsin, and, along with Citadel acquisition, will create a duopoly for the Company in the Quad Cities, Iowa market. A deposit of $8.5 million was paid upon signing the stock purchase agreement funded by cash on hand. The remaining purchase price is expected to be funded through cash generated from operations prior to closing, borrowings under the existing credit facilities and future credit market transactions. The acquisition is subject to FCC approval and other customary conditions and the Company is projecting it to close in the first quarter of 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2013

Summary of Significant Accounting Policies [Abstract]

Principles of Consolidation

All intercompany account balances and transactions have been eliminated in consolidation.

Interim Financial Statements

Variable Interest Entities

Financial Instruments

Income Per Share

Three Months Ended

Nine Months Ended

September 30,

2013

2012

2013

2012

Weighted average shares outstanding - basic

30,048

28,960

29,706

28,881

Effect of dilutive stock options

1,461

1,743

1,591

1,680

Weighted average shares outstanding - diluted

31,509

30,703

31,297

30,561

Basis of Presentation

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	9 Months Ended
Summary of Significant Accounting Policies (Tables)	Sep. 30, 2013
Summary of Significant Accounting Policies [Abstract]	'
Weighted Average Shares Outstanding	'
	The following table shows the amounts used in computing the Company’s diluted shares (in thousands):

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2013		2012		2013		2012
	Weighted average shares outstanding - basic		30,048		28,960		29,706		28,881
	Effect of dilutive stock options		1,461		1,743		1,591		1,680
	Weighted average shares outstanding - diluted		31,509		30,703		31,297		30,561

Acquisitions_Tables

Acquisitions (Tables)	9 Months Ended
Acquisitions (Tables)	Sep. 30, 2013
Business Acquisition [Line Items]	'
Unaudited Pro forma Information	'
	On December 1, 2012, Nexstar acquired the assets of ten television stations and Inergize Digital Media (“Inergize”) from Newport for $225.5 million in cash (the “2012 Newport Acquisition”). As discussed above, Nexstar and Mission acquired certain television stations from Newport during the nine months ended September 30, 2013 (the “2013 Newport Acquisitions”). As the stations were acquired from the same entity, the Company considered these acquisitions as a single transaction for purposes of assessing materiality and presenting pro forma information. Therefore, the following unaudited pro forma information has been presented as if the 2012 Newport Acquisition and the 2013 Newport Acquisitions had occurred on January 1, 2012, for the three and nine months ended 2013 (in thousands):

		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013			2012		2013		2012
	Net revenue	$	125,792		$	120,481	$	365,781	$	354,281
	Income before income taxes		7,667			12,913		21,378		27,071
	Net income		3,902			10,295		11,753		19,179
	Net income per common share - basic		0.13			0.36		0.4		0.66
	Net income per common share - diluted		0.12			0.34		0.38		0.63
KLRT- TV/KASN [Member]	'
Business Acquisition [Line Items]	'
Fair Values of Assets Acquired and Liabilities Assumed	'
	The estimated 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 of Mission		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
KGET/KKEY-LP/KGPE [Member]	'
Business Acquisition [Line Items]	'
Fair Values of Assets Acquired and Liabilities Assumed	'
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

	Broadcast rights	$	72
	Prepaid expenses and other current assets		351
	Property and equipment		9,343
	FCC licenses		14,318
	Network affiliation agreements		9,307
	Other intangible assets		1,310
	Goodwill		1,077
	Total assets acquired		35,778
	Less: Broadcast rights payable		(72	)
	Less: Deferred revenue		(57	)
	Less: Accounts payable and accrued expenses		(196	)
	Net assets acquired	$	35,453
KSEE [Member]	'
Business Acquisition [Line Items]	'
Fair Values of Assets Acquired and Liabilities Assumed	'
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

	Prepaid expenses and other current assets	$	140
	Property and equipment		7,350
	FCC licenses		7,385
	Network affiliation agreements		7,870
	Other intangible assets		107
	Goodwill		3,838
	Total assets acquired		26,690
	Less: Accounts payable and accrued expenses		(194	)
	Net assets acquired	$	26,496
WFFF/WVNY [Member]	'
Business Acquisition [Line Items]	'
Fair Values of Assets Acquired and Liabilities Assumed	'
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):

	Broadcast rights	$	1,030
	Prepaid expenses and other current assets		150
	Property and equipment		7,100
	FCC licenses		2,797
	FCC licenses of Mission		2,797
	Network affiliation agreements		2,119
	Other intangible assets		439
	Goodwill		1,787
	Total assets acquired		18,219
	Less: Broadcast rights payable		(1,145	)
	Less: Deferred revenue		(19	)
	Less: Accounts payable and accrued expenses		(504	)
	Net assets acquired	$	16,551
Citadel [Member]	'
Business Acquisition [Line Items]	'
Schedule of Assets and Liabilities of Consolidated VIE	'
	The preliminary estimated fair values of the assets acquired, FCC licenses and real property interests to be acquired and liabilities assumed in the acquisitions are as follows (in thousands):

	Broadcast rights	$	269
	Prepaid expenses and other current assets		254
	Property and equipment		12,710
	FCC licenses		25,080
	Network affiliation agreements		26,500
	Other intangible assets		3,292
	Goodwill		20,270
	Other assets		226
	Total assets acquired		88,601
	Less: Broadcast rights payable		(269	)
	Less: Accounts payable and accrued expenses		(467	)
	Net assets acquired	$	87,865

Intangible_Assets_and_Goodwill1

Intangible Assets and Goodwill (Tables)	9 Months Ended
Intangible Assets and Goodwill (Tables)	Sep. 30, 2013
Intangible Assets and Goodwill [Abstract]	'
Intangible Assets Subject to Amortization	'
	Intangible assets subject to amortization consisted of the following (in thousands):

			Estimated		30-Sep-13											31-Dec-12
			useful life,						Accumulated											Accumulated
			in years		Gross				Amortization				Net			Gross				Amortization				Net
	Network affiliation agreements			15		$	442,182			$	(285,939	)		$	156,243		$	379,384			$	(268,921	)		$	110,463
	Other definite-lived intangible assets			15-Jan			33,329				(19,524	)			13,805			25,670				(13,642	)			12,028
	Other intangible assets					$	475,511			$	(305,463	)		$	170,048		$	405,054			$	(282,563	)		$	122,491
Estimated Amortization Expense of Definite Lived Intangibles Assets	'
	The following table presents the Company’s estimate of amortization expense for the remainder of 2013, each of the five succeeding years ended December 31 and thereafter for definite-lived intangible assets as of September 30, 2013 (in thousands):

	Remainder of 2013		$	8,407
	2014			22,940
	2015			21,865
	2016			16,526
	2017			15,736
	2018			13,677
	Thereafter			70,897
			$	170,048
Goodwill and FCC Licenses	'
	The amounts recorded to goodwill and FCC licenses were as follows (in thousands):

		Goodwill											FCC Licenses
					Accumulated											Accumulated
		Gross			Impairment				Net				Gross			Impairment				Net
	Balance as of December 31, 2012		$	194,400		$	(45,991	)		$	148,409			$	269,617		$	(49,421	)		$	220,196
	Acquisitions (See Note 3)			39,699			-				39,699				69,204			-				69,204
	Balance as of September 30, 2013		$	234,099		$	(45,991	)		$	188,108			$	338,821		$	(49,421	)		$	289,400

Accrued_Expenses_Tables

Accrued Expenses (Tables)	9 Months Ended
Accrued Expenses (Tables)	Sep. 30, 2013
Accrued Expenses [Abstract]	'
Accrued Expenses	'
	Accrued expenses consisted of the following (in thousands):

		September 30,		December 31,
		2013		2012
	Compensation and related taxes	$	7,773	$	7,282
	Sales commissions		2,124		1,919
	Employee benefits		1,447		1,147
	Property taxes		1,317		653
	Other accruals related to operating expenses		10,554		7,121
		$	23,215	$	18,122

Debt_Tables

Debt (Tables)	9 Months Ended
Debt (Tables)	Sep. 30, 2013
Debt [Abstract]	'
Long Term Debt	'
	Long-term debt consisted of the following (in thousands):

		September 30,			December 31,
		2013			2012
	Term loans, net of discount of $1,686 and $1,736, respectively	$	396,564		$	288,264
	Revolving loans		55,000			-
	8.875% Senior secured second lien notes due 2017, net of discount of $4,640 and $5,622, respectively		309,935			319,378
	6.875% Senior unsecured notes due 2020		250,000			250,000
			1,011,499			857,642
	Less: current portion		(4,750	)		(2,175	)
		$	1,006,749		$	855,467
Fair Value of Debt	'
	The aggregate carrying amounts and estimated fair values of the Company’s debt were as follows (in thousands):

					30-Sep-13					31-Dec-12
					Carrying			Fair		Carrying		Fair
					Amount			Value		Amount		Value
	Term loans(1)				$	396,564		$	392,527	$	288,264	$	293,187
	Revolving loans(1)					55,000			56,714		-		-
	8.875% Senior secured second lien notes(2)					309,935			342,462		319,378		359,125
	6.875% Senior unsecured notes(2)					250,000			255,470		250,000		258,750
	_________________________
	-1	The fair value of senior secured credit facilities is computed based on borrowing rates currently available to Nexstar and 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.
	-2	The fair value of Nexstar’s fixed rate debt is estimated based on bid prices obtained from an investment banking firm that regularly makes a market for these financial instruments. These fair value measurements are considered Level 2, as quoted market prices are available for low volume trading of these securities.

Condensed_Consolidating_Financ1

Condensed Consolidating Financial Information (Tables)	9 Months Ended
Condensed Consolidating Financial Information (Tables)	Sep. 30, 2013
Condensed Consolidating Financial Information [Abstract]	'
Schedule of Condensed Consolidating Balance Sheet	'
	CONDENSED CONSOLIDATING BALANCE SHEET
	As of September 30, 2013
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-			$	22,577			$	2,042			$	-			$	-			$	24,619
	Due from Nexstar Broadcasting			-				-				14,233				-				(14,233	)			-
	Other current assets			-				115,620				9,078				-				-				124,698
	Total current assets			-				138,197				25,353				-				(14,233	)			149,317
	Amounts due from subsidiary eliminated upon consolidation			12,395				-				-				-				(12,395	)			-
	Amounts due from parents eliminated upon consolidation			-				2,845				-				-				(2,845	)			-
	Property and equipment, net			-				191,515				27,748				-				-				219,263
	Goodwill			-				155,619				32,489				-				-				188,108
	FCC licenses			-				247,837				41,563				-				-				289,400
	Other intangible assets, net			-				144,733				25,315				-				-				170,048
	Other noncurrent assets			-				97,726				34,126				-				-				131,852
	Total assets		$	12,395			$	978,472			$	186,594			$	-			$	(29,473	)		$	1,147,988

	LIABILITIES AND
	STOCKHOLDERS' EQUITY
	(DEFICIT)
	Current liabilities:
	Current portion of debt		$	-			$	3,710			$	1,040			$	-			$	-			$	4,750
	Due to Mission			-				14,233				-				-				(14,233	)			-
	Other current liabilities			-				89,431				17,564				-				(12,795	)			94,200
	Total current liabilities			-				107,374				18,604				-				(27,028	)			98,950
	Debt			-				904,777				411,907				-				(309,935	)			1,006,749
	Deficiencies in subsidiaries eliminated upon consolidation			71,226				-				-				55,984				(127,210	)			-
	Amounts due to subsidiary eliminated upon consolidation			-				-				-				15,240				(15,240	)			-
	Other noncurrent liabilities			(3	)			22,305				8,627				2				-				30,931
	Total liabilities			71,223				1,034,456				439,138				71,226				(479,413	)			1,136,630
	Stockholders' equity (deficit):
	Common stock			304				-				-				-				-				304
	Other stockholders' equity (deficit)			(59,132	)			(55,984	)			(252,544	)			(71,226	)			449,940				11,054
	Total stockholders' equity (deficit)			(58,828	)			(55,984	)			(252,544	)			(71,226	)			449,940				11,358
	Total liabilities and
	stockholders' equity (deficit)		$	12,395			$	978,472			$	186,594			$	-			$	(29,473	)		$	1,147,988


	CONDENSED CONSOLIDATING BALANCE SHEET
	As of December 31, 2012
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-			$	68,681			$	318			$	-			$	-			$	68,999
	Due from Nexstar Broadcasting			-				-				512				-				(512	)			-
	Other current assets			-				88,700				5,627				-				-				94,327
	Total current assets			-				157,381				6,457				-				(512	)			163,326
	Amounts due from subsidiary eliminated upon consolidation			13,943				-				-				-				(13,943	)			-
	Amounts due from parents eliminated upon consolidation			-				1,297				-				-				(1,297	)			-
	Property and equipment, net			-				158,644				21,518				-				-				180,162
	Goodwill			-				129,679				18,730				-				-				148,409
	FCC licenses			-				198,257				21,939				-				-				220,196
	Other intangible assets, net			-				112,296				10,195				-				-				122,491
	Other noncurrent assets			-				70,689				40,542				-				-				111,231
	Total assets		$	13,943			$	828,243			$	119,381			$	-			$	(15,752	)		$	945,815

LIABILITIES AND
STOCKHOLDERS' EQUITY
(DEFICIT)
Current liabilities:
Current portion of debt		$	-			$	1,845			$	330			$	-			$	-			$	2,175
Due to Mission			-				512				-				-				(512	)			-
Other current liabilities			-				52,372				9,463				-				(6,007	)			55,828
Total current liabilities			-				54,729				9,793				-				(6,519	)			58,003
Debt			-				812,315				362,531				-				(319,379	)			855,467
Deficiencies in subsidiaries eliminated upon consolidation			76,322				-				-				61,080				(137,402	)			-
Amounts due to subsidiary eliminated upon consolidation			-				-				-				15,240				(15,240	)			-
Other noncurrent liabilities			(3	)			22,279				7,828				2				-				30,106
Total liabilities			76,319				889,323				380,152				76,322				(478,540	)			943,576
Stockholders' equity (deficit):
Common stock			294				-				-				-				-				294
Other stockholders' equity (deficit)			(62,670	)			(61,080	)			(260,771	)			(76,322	)			462,788				1,945
Total stockholders' equity (deficit)			(62,376	)			(61,080	)			(260,771	)			(76,322	)			462,788				2,239
Total liabilities and
stockholders' equity (deficit)		$	13,943			$	828,243			$	119,381			$	-			$	(15,752	)		$	945,815
Schedule of Condensed Consolidating Statement of Operations	'
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended September 30, 2013
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	Net broadcast revenue (including trade and barter)		$	-			$	118,214			$	7,578			$	-			$	-			$	125,792
	Revenue between consolidated entities			-				2,445				9,581				-				(12,026	)			-
	Net revenue			-				120,659				17,159				-				(12,026	)			125,792
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization			-				33,519				3,751				-				-				37,270
	Selling, general, and administrative expenses, excluding depreciation and amortization			-				36,882				705				-				-				37,587
	Local service agreement fees between consolidated entities			-				9,581				2,445				-				(12,026	)			-
	Amortization of broadcast rights			-				7,459				1,729				-				-				9,188
	Amortization of intangible assets			-				6,246				1,750				-				-				7,996
	Depreciation			-				7,748				850				-				-				8,598
	Total operating expenses			-				101,435				11,230				-				(12,026	)			100,639
	Income from operations			-				19,224				5,929				-				-				25,153
	Interest expense, net			-				(12,447	)			(4,453	)			-				-				(16,900	)
	Loss on extinguishment of debt			-				(1,048	)			-				-				-				(1,048	)
	Other expense			-				(84	)			-				-				-				(84	)
	Equity in income of subsidiaries			2,871				-				-				2,871				(5,742	)			-
	Income before income taxes			2,871				5,645				1,476				2,871				(5,742	)			7,121
	Income tax expense			-				(2,774	)			(752	)			-				-				(3,526	)
	Net income		$	2,871			$	2,871			$	724			$	2,871			$	(5,742	)		$	3,595

	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended September 30, 2012
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	Net broadcast revenue (including trade and barter)		$	-			$	85,245			$	4,707			$	-			$	-			$	89,952
	Revenue between consolidated entities			-				1,935				8,012				-				(9,947	)			-
	Net revenue			-				87,180				12,719				-				(9,947	)			89,952
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization			-				20,117				1,833				-				-				21,950
	Selling, general, and administrative expenses, excluding depreciation and amortization			-				26,712				794				-				-				27,506
	Local service agreement fees between consolidated entities			-				8,012				1,935				-				(9,947	)			-
	Amortization of broadcast rights			-				4,464				1,099				-				-				5,563
	Amortization of intangible assets			-				4,210				1,270				-				-				5,480
	Depreciation			-				5,195				701				-				-				5,896
	Total operating expenses			-				68,710				7,632				-				(9,947	)			66,395
	Income from operations			-				18,470				5,087				-				-				23,557
	Interest expense, net			-				(8,688	)			(3,750	)			-				-				(12,438	)
	Equity in income of subsidiaries			8,562				-				-				8,562				(17,124	)			-
	Income before income taxes			8,562				9,782				1,337				8,562				(17,124	)			11,119
	Income tax expense			-				(1,220	)			(338	)			-				-				(1,558	)
	Net income		$	8,562			$	8,562			$	999			$	8,562			$	(17,124	)		$	9,561

	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Nine Months Ended September 30, 2013
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	Net broadcast revenue (including trade and barter)		$	-			$	342,326			$	21,882			$	-			$	-			$	364,208
	Revenue between consolidated entities			-				7,295				28,885				-				(36,180	)			-
	Net revenue			-				349,621				50,767				-				(36,180	)			364,208
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization			-				97,079				10,756				-				-				107,835
	Selling, general, and administrative expenses, excluding depreciation and amortization			-				108,386				2,266				-				-				110,652
	Local service agreement fees between consolidated entities			-				28,885				7,295				-				(36,180	)			-
Amortization of broadcast rights			-				22,046				4,821				-				-				26,867
Amortization of intangible assets			-				17,414				5,486				-				-				22,900
Depreciation			-				22,020				2,771				-				-				24,791
Total operating expenses			-				295,830				33,395				-				(36,180	)			293,045
Income from operations			-				53,791				17,372				-				-				71,163
Interest expense, net			-				(36,916	)			(13,436	)			-				-				(50,352	)
Loss on extinguishment of debt			-				(1,048	)			-				-				-				(1,048	)
Other expense			-				(252	)			-				-				-				(252	)
Equity in income of subsidiaries			8,443				-				-				8,443				(16,886	)			-
Income before income taxes			8,443				15,575				3,936				8,443				(16,886	)			19,511
Income tax expense			-				(7,132	)			(1,712	)			-				-				(8,844	)
Net income		$	8,443			$	8,443			$	2,224			$	8,443			$	(16,886	)		$	10,667
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Nine Months Ended September 30, 2012
(in thousands)

						Nexstar								Nexstar								Consolidated
		Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
Net broadcast revenue (including trade and barter)		$	-			$	248,521			$	13,937			$	-			$	-			$	262,458
Revenue between consolidated entities			-				5,805				23,304				-				(29,109	)			-
Net revenue			-				254,326				37,241				-				(29,109	)			262,458
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-				60,583				5,347				-				-				65,930
Selling, general, and administrative expenses, excluding depreciation and amortization			-				79,705				2,041				-				-				81,746
Local service agreement fees between consolidated entities			-				23,304				5,805								(29,109	)			-
Amortization of broadcast rights			-				13,089				3,214				-				-				16,303
Amortization of intangible assets			-				12,784				3,811				-				-				16,595
Depreciation			-				15,217				2,142				-				-				17,359
Total operating expenses			-				204,682				22,360				-				(29,109	)			197,933
Income from operations			-				49,644				14,881				-				-				64,525
Interest expense, net			-				(26,715	)			(11,206	)			-				-				(37,921	)
Loss on extinguishment of debt			-				(497	)			-				-				-				(497	)
Equity in income of subsidiaries			18,705				-				-				18,705				(37,410	)			-
Income before income taxes			18,705				22,432				3,675				18,705				(37,410	)			26,107
Income tax expense			-				(3,727	)			(985	)			-				-				(4,712	)
Net income		$	18,705			$	18,705			$	2,690			$	18,705			$	(37,410	)		$	21,395
Schedule of Condensed Consolidating Cash Flow Statement	'
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Nine Months Ended September 30, 2013
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	Cash flows from operating activities		$	-			$	43,554			$	(743	)		$	-			$	2,917			$	45,728

	Cash flows from investing activities:
	Purchases of property and equipment			-				(16,826	)			(81	)			-				-				(16,907	)
	Deposits and payments for acquisitions			-				(161,321	)			(59,509	)			-				-				(220,830	)
	Other investing activities			-				51				2,917				-				(2,917	)			51
	Net cash used in investing activities			-				(178,096	)			(56,673	)			-				(2,917	)			(237,686	)

	Cash flows from financing activities:
	Proceeds from issuance of long-term debt			-				158,875				65,000				-				-				223,875
	Repayments of long-term debt			-				(65,393	)			(5,520	)			-				-				(70,913	)
	Common stock dividends paid			(10,654	)			-				-				-				-				(10,654	)
	Purchase of treasury stock			(8,422	)			-				-				-				-				(8,422	)
	Inter-company payments			12,914				(12,914	)			-				-				-				-
	Other financing activities			6,162				7,870				(340	)			-				-				13,692
	Net cash provided by financing activities			-				88,438				59,140				-				-				147,578
	Net (decrease) increase in cash and cash equivalents			-				(46,104	)			1,724				-				-				(44,380	)
	Cash and cash equivalents at beginning of period			-				68,681				318				-				-				68,999
	Cash and cash equivalents at end of period		$	-			$	22,577			$	2,042			$	-			$	-			$	24,619
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Nine Months Ended September 30, 2012
	(in thousands)

							Nexstar								Nexstar								Consolidated
			Nexstar				Broadcasting				Mission				Holdings				Eliminations				Company
	Cash flows from operating activities		$	-			$	66,973			$	1,756			$	-			$	-			$	68,729

	Cash flows from investing activities:
	Purchases of property and equipment			-				(10,858	)			(166	)			-				-				(11,024	)
	Escrow payments on station acquisitions			-				(22,554	)			(6,000	)			-				-				(28,554	)
	Other investing activities			-				39				-				-				-				39
	Net cash used in investing activities			-				(33,373	)			(6,166	)			-				-				(39,539	)

	Cash flows from financing activities:
	Proceeds from issuance of long-term debt			-				66,500				4,000				-				-				70,500
	Repayments of long-term debt			-				(94,742	)			(993	)			-				-				(95,735	)
	Inter-company payments			(1,007	)			1,007				-				-				-				-
	Other financing activities			1,007				(212	)			(60	)			-				-				735
	Net cash (used in) provided by financing activities			-				(27,447	)			2,947				-				-				(24,500	)
	Net increase (decrease) in cash and cash equivalents			-				6,153				(1,463	)			-				-				4,690
	Cash and cash equivalents at beginning of period			-				5,648				1,898				-				-				7,546
	Cash and cash equivalents at end of period		$	-			$	11,801			$	435			$	-			$	-			$	12,236

Organization_and_Business_Oper1

Organization and Business Operations (Details)	9 Months Ended
	Sep. 30, 2013
	Segment
	Channel
	Market
	TelevisionStation
Organization and Business Operations [Abstract]	'
Number of markets in various states	44
Number of television stations operated by independently owned, consolidated variable interest entity	25
Number of digital multicast channels operated by independently owned, consolidated variable interest entity	7
Number of reportable segments	1
Nexstar [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	75
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	19
NBC [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	16
CBS [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	13
ABC [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	19
FOX [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	14
MyNetworkTV [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	5
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	2
LATV [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	1
The CW [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	6
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	2
Bounce TV [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	9
Me-TV [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	2
Telemundo [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	1
Independent Station [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned, operated, programmed or provided sales and other services	1
LiveWell [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	3

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Mission [Abstract]	'	'	'	'	'
FCC licenses of Mission	$41,563,000	'	$41,563,000	'	$21,939,000
Goodwill	188,108,000	'	188,108,000	'	148,409,000
Other intangible assets, net	170,048,000	'	170,048,000	'	122,491,000
Property and equipment, net	219,263,000	'	219,263,000	'	180,162,000
Deferred tax assets	72,773,000	'	72,773,000	'	72,090,000
Other noncurrent assets	59,079,000	'	59,079,000	'	39,141,000
Earnings Per Share, Diluted, Other Disclosures [Abstract]	'	'	'	'	'
Weighted average shares outstanding - basic (in shares)	30,048,000	28,960,000	29,706,000	28,881,000	'
Effect of dilutive stock options (in shares)	1,461,000	1,743,000	1,591,000	1,680,000	'
Weighted average shares outstanding - diluted (in shares)	31,509,000	30,703,000	31,297,000	30,561,000	'
Stock Options [Member]	'	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'	'
Out-of-the-money and other anti-dilutive options (in shares)	'	308,000	'	173,000	'
Sinclair [Member]	'	'	'	'	'
Variable Interest Entities [Abstract]	'	'	'	'	'
Payments made under outsourcing agreement	1,100,000	1,500,000	3,500,000	4,000,000	'
Accounts payable for fees	1,100,000	'	1,100,000	'	3,400,000
Nexstar [Member]	'	'	'	'	'
Variable Interest Entities [Abstract]	'	'	'	'	'
Receivable for advertisements	2,200,000	'	2,200,000	'	2,700,000
Mission [Member]	'	'	'	'	'
Mission [Abstract]	'	'	'	'	'
Current assets excluding broadcasting rights	9,600,000	'	9,600,000	'	'
Broadcast rights	3,400,000	'	3,400,000	'	'
FCC licenses of Mission	41,600,000	'	41,600,000	'	'
Goodwill	32,500,000	'	32,500,000	'	'
Other intangible assets, net	25,300,000	'	25,300,000	'	'
Property and equipment, net	27,700,000	'	27,700,000	'	'
Deferred tax assets	28,800,000	'	28,800,000	'	'
Other noncurrent assets	$3,500,000	'	$3,500,000	'	'

Acquisitions_Details

Acquisitions (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

8 Months Ended

0 Months Ended

3 Months Ended

8 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

7 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

31-May-13

Feb. 28, 2013

Sep. 30, 2013

Feb. 28, 2013

Sep. 30, 2013

Nov. 01, 2012

Mar. 31, 2013

Sep. 30, 2013

Nov. 02, 2012

Jan. 31, 2013

Sep. 30, 2013

Jul. 18, 2012

Dec. 01, 2012

Sep. 16, 2013

Sep. 30, 2013

Sep. 16, 2013

Sep. 30, 2013

Apr. 24, 2013

Aug. 24, 2013

Sep. 13, 2013

Sep. 30, 2013

Network Affiliation Agreement [Member]

Nexstar [Member]

Mission [Member]

KSEE [Member]

KGET/KKEY- LP/KGPE [Member]

WFFF and WVNY [Member]

KLRT- TV/KASN [Member]

Newport Acquisition [Member]

Citadel [Member]

CCA/White Knight [Member]

Stainless [Member]

Term A Loan [Member]

Revolving credit facility [Member]

Term Loan B [Member]

TelevisionStation

Market

KCAU and WHBF [Member]

WOI [Member]

Market

Nexstar [Member]

Mission [Member]

Rocky Creek Communications, Inc. [Member]

Nexstar [Member]

Mission [Member]

TelevisionStation

Business Acquisition [Line Items]

Number of television stations acquired

Number of television stations to be acquired

Number of television markets of stations to be acquired

New television markets to be entered

New Duopolies to be operated

Deposit paid upon signing an agreement to acquire a business

$3,500,000

$800,000

$6,000,000

$27,000,000

$200,000

Cash paid

20,000,000

44,800,000

21,000,000

Proceeds from term loan facilities

60,000,000

50,000,000

60,000,000

Acquisition related costs

200,000

100,000

300,000

200,000

800,000

Acquisition date

31-May-13

1-Feb-13

1-Mar-13

1-Jan-13

Variable interest entity, qualitative or quantitative information, date involvement began

1-Feb-13

16-Sep-13

Purchase price

26,500,000

35,400,000

16,600,000

59,700,000

225,500,000

87,900,000

270,000,000

15,300,000

Borrowings from Revolving Credit Facilities

10,000,000

55,000,000

Amounts payable to sellers for acquisition of stations

22,000,000

Remaining purchase price paid to seller

6,500,000

Estimated fair values of assets acquired and liabilities assumed [Abstract]

Broadcast rights

72,000

1,030,000

2,279,000

269,000

Prepaid expenses and other current assets

140,000

351,000

150,000

71,000

254,000

Property and equipment

7,350,000

9,343,000

7,100,000

11,153,000

12,710,000

FCC licenses

7,385,000

14,318,000

2,797,000

25,080,000

FCC licenses of Mission

2,797,000

16,827,000

Network affiliation agreements

7,870,000

9,307,000

2,119,000

17,002,000

26,500,000

Other intangible assets

107,000

1,310,000

439,000

2,511,000

3,292,000

Goodwill

3,838,000

1,077,000

1,787,000

12,727,000

20,270,000

Other assets

7,000

226,000

Total assets acquired

26,690,000

35,778,000

18,219,000

62,577,000

88,601,000

Less: Broadcast rights payable

-72,000

-1,145,000

-2,492,000

-269,000

Less: Accounts payable and accrued expenses

-194,000

-196,000

-504,000

-386,000

-467,000

Less: Deferred revenue

-57,000

-19,000

Net assets acquired

26,496,000

35,453,000

16,551,000

59,699,000

87,865,000

Estimated useful life

'15 years

Weighted average estimated useful life of other intangible assets

'5 months

'10 months

'6 months

'1 year

'11 months

Revenue included in consolidated statement of operations

125,792,000

89,952,000

364,208,000

262,458,000

17,159,000

12,719,000

50,767,000

37,241,000

1,700,000

4,600,000

6,800,000

18,000,000

2,700,000

6,800,000

5,600,000

15,500,000

900,000

Net income from operations included in consolidated statement of operations

3,595,000

9,561,000

10,667,000

21,395,000

2,871,000

8,562,000

8,443,000

18,705,000

724,000

999,000

2,224,000

2,690,000

1,300,000

3,400,000

200,000

300,000

1,000,000

2,700,000

7,000,000

Unaudited Pro Forma Information [Abstract]

Pro forma net revenue

125,792,000

120,481,000

365,781,000

354,281,000

Pro forma Income (loss) before income taxes

7,667,000

12,913,000

21,378,000

27,071,000

Pro forma Net income (loss)

$3,902,000

$10,295,000

$11,753,000

$19,179,000

Net income per common share - basic (in dollars per share)

$0.13

$0.36

$0.40

$0.66

Net income per common share - diluted (in dollars per share)

$0.12

$0.34

$0.38

$0.63

Intangible_Assets_and_Goodwill2

Intangible Assets and Goodwill (Details) (USD $)	3 Months Ended	9 Months Ended			3 Months Ended	9 Months Ended	12 Months Ended			9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Dec. 01, 2012	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013
					Network affiliation agreements [Member]	Network affiliation agreements [Member]	Network affiliation agreements [Member]	Other definite-lived intangible assets [Member]	Other definite-lived intangible assets [Member]	Other definite-lived intangible assets [Member]	Other definite-lived intangible assets [Member]
										Minimum [Member]	Maximum [Member]
Finite-Lived Intangible Assets [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Estimated useful life, in years	'	'	'	'	'15 years	'15 years	'15 years	'	'	'1 year	'15 years
Gross	$475,511,000	$475,511,000	$405,054,000	'	$442,182,000	$442,182,000	$379,384,000	$33,329,000	$25,670,000	'	'
Accumulated Amortization	-305,463,000	-305,463,000	-282,563,000	'	-285,939,000	-285,939,000	-268,921,000	-19,524,000	-13,642,000	'	'
Net	170,048,000	170,048,000	122,491,000	'	156,243,000	156,243,000	110,463,000	13,805,000	12,028,000	'	'
Acquired contracts, fair value	'	'	'	1,400,000	'	'	'	'	'	'	'
Contract termination fees received	'	5,500,000	'	'	'	'	'	'	'	'	'
Additional amortization of intangible assets	1,000,000	1,000,000	'	'	'	'	'	'	'	'	'
Estimated amortization expense of definite lived intangibles assets [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Remainder of 2013	8,407,000	8,407,000	'	'	'	'	'	'	'	'	'
2014	22,940,000	22,940,000	'	'	'	'	'	'	'	'	'
2015	21,865,000	21,865,000	'	'	'	'	'	'	'	'	'
2016	16,526,000	16,526,000	'	'	'	'	'	'	'	'	'
2017	15,736,000	15,736,000	'	'	'	'	'	'	'	'	'
2018	13,677,000	13,677,000	'	'	'	'	'	'	'	'	'
Thereafter	70,897,000	70,897,000	'	'	'	'	'	'	'	'	'
Net	170,048,000	170,048,000	122,491,000	'	156,243,000	156,243,000	110,463,000	13,805,000	12,028,000	'	'
Goodwill [Roll Forward]	'	'	'	'	'	'	'	'	'	'	'
Goodwill, Gross	234,099,000	234,099,000	194,400,000	'	'	'	'	'	'	'	'
Goodwill, Accumulated Impairment	-45,991,000	-45,991,000	-45,991,000	'	'	'	'	'	'	'	'
Goodwill, Net	188,108,000	188,108,000	148,409,000	'	'	'	'	'	'	'	'
Goodwill Acquired, Gross	'	39,699,000	'	'	'	'	'	'	'	'	'
Goodwill Acquired, Impairment	'	0	'	'	'	'	'	'	'	'	'
Goodwill Acquired, Net	'	39,699,000	'	'	'	'	'	'	'	'	'
FCC Licenses [Abstract]	'	'	'	'	'	'	'	'	'	'	'
FCC Licenses, Gross	338,821,000	338,821,000	269,617,000	'	'	'	'	'	'	'	'
FCC Licenses, Accumulated Impairment	-49,421,000	-49,421,000	-49,421,000	'	'	'	'	'	'	'	'
FCC Licenses, Net	289,400,000	289,400,000	220,196,000	'	'	'	'	'	'	'	'
FCC Licenses Acquired, Gross	'	69,204,000	'	'	'	'	'	'	'	'	'
FCC Licenses Acquired, Impairment	'	0	'	'	'	'	'	'	'	'	'
FCC Licenses Acquired, Net	'	$69,204,000	'	'	'	'	'	'	'	'	'

Accrued_Expenses_Details

Accrued Expenses (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Accrued Expenses [Abstract]	'	'
Compensation and related taxes	$7,773	$7,282
Sales commissions	2,124	1,919
Employee benefits	1,447	1,147
Property taxes	1,317	653
Other accruals related to operating expenses	10,554	7,121
Accrued expenses	$23,215	$18,122

Debt_Details

Debt (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

1 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

1 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Jan. 31, 2013

Mar. 31, 2013

Sep. 30, 2013

Dec. 31, 2012

Oct. 31, 2013

Apr. 19, 2010

Sep. 30, 2013

Dec. 31, 2012

Oct. 31, 2013

Nov. 16, 2013

Sep. 30, 2013

Nov. 09, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Oct. 31, 2013

Carrying Amount [Member]

Fair Value [Member]

Nexstar [Member]

Mission [Member]

KLRT- TV/KASN [Member]

WFFF/WVNY [Member]

Term A Loan [Member]

Revolving credit facility [Member]

8.875% Senior secured second lien notes due 2017 [Member]

Term B Loan [Member]

6.875% Sr. Unsecured Notes due 2020 [Member]

Term Loans [Member]

Additional 6.875% Senior unsecured Notes due 2020 [Member]

Term Loan B-2 [Member]

Nexstar [Member]

Mission [Member]

Rocky Creek Communications, Inc. [Member]

Subsequent Events [Member]

Mission [Member]

Subsequent Events [Member]

Nexstar [Member]

Mission [Member]

Nexstar [Member]

Mission [Member]

Long term Debt [Abstract]

Debt

$1,011,499,000

$857,642,000

$55,000,000

$309,935,000

$319,378,000

$250,000,000

$396,564,000

$288,264,000

Current portion of debt

-4,750,000

-2,175,000

-1,040,000

-330,000

Debt, noncurrent

1,006,749,000

855,467,000

411,907,000

362,531,000

Debt discount

8,200,000

4,640,000

5,622,000

1,686,000

1,736,000

Interest rate (in hundredths)

8.88%

6.88%

Maturity date

15-Apr-17

15-Nov-20

1-Oct-20

Commitments for Term Loan facilities

144,000,000

90,000,000

18,000,000

25,000,000

125,000,000

Proceeds from term loan facilities

60,000,000

50,000,000

60,000,000

25,000,000

125,000,000

Payment of contractual maturities of term loan

1,800,000

Debt issuance costs

900,000

200,000

800,000

100,000

Borrowings from Revolving Credit Facilities

10,000,000

55,000,000

Debt redeemed

10,400,000

292,700,000

Loss on extinguishment of debt

-1,048,000

-497,000

-1,000,000

-31,300,000

Unsecured notes issued

250,000,000

275,000,000

Percentage of principal amount reduced by quarterly payments (in hundredths)

0.25%

Repurchase price of a debt instrument as a percentage of par value (in hundredths)

108.20%

108.88%

Percentage of par value at which debt was issued (in hundredths)

100.25%

Remaining principal balance for redemption of notes

21,900,000

Unused commitments and Borrowings Availability [Abstract]

Available borrowing capacity

184,000,000

45,000,000

30,000,000

75,000,000

Debt Covenants [Abstract]

Maximum consolidated total leverage ratio

'7.25 to 1.00

Maximum consolidated first lien indebtedness ratio

'3.50 to 1.00

Minimum consolidated fixed charge coverage ratio

'1.20 to 1.00

Fair Value of debt [Line Items]

Term loans

396,564,000

[1]

288,264,000

[1]

392,527,000

[1]

293,187,000

[1]

Revolving loans

55,000,000

[1]

56,714,000

[1]

8.875% Senior secured second lien notes

309,935,000

[2]

319,378,000

[2]

342,462,000

[2]

359,125,000

[2]

6.875% Senior unsecured notes

$250,000,000

[2]

$250,000,000

[2]

$255,470,000

[2]

$258,750,000

[2]

[1]

The fair value of senior secured credit facilities is computed based on borrowing rates currently available to Nexstar and 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.

[2]

The fair value of Nexstarbs fixed rate debt is estimated based on bid prices obtained from an investment banking firm that regularly makes a market for these financial instruments. These fair value measurements are considered Level 2, as quoted market prices are available for low volume trading of these securities.

Common_Stock_Details

Common Stock (Details) (USD $)	9 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	7-May-13	Feb. 28, 2013
	Sep. 30, 2013	Common Class A [Member]	Common Class A [Member]
Class of Stock [Line Items]	'	'	'
Conversion of Class B common stock to Class A common stock (in shares)	'	4,252,471	3,450,000
Portion converted from Class B common stock to Class A common stock by the principal stockholder (in shares)	'	3,865,384	3,450,000
Stock repurchased and held in treasury	$8,422	$8,400	'
Number of shares sold by principal stockholder, ABRY Partners, LLC (in shares)	'	3,500,000	'
Stock repurchased and held in treasury (in shares)	'	365,384	'
Stock held as treasury reissued (in shares)	365,384	'	'

Contract_Termination_Details

Contract Termination (Details) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Mar. 31, 2008	Sep. 30, 2013	Sep. 30, 2012	7-May-10
Petry and Blair [Member]	'	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'	'
Number of stations transferred	'	'	24	'	'	'
Number of markets entered for sales representation	'	'	14	'	'	'
National sales representation contract termination payment made by new representative	'	'	$8	'	'	'
Katz [Member]	'	'	'	'	'	'
Restructuring Cost and Reserve [Line Items]	'	'	'	'	'	'
Term of national sales representation agreement	'	'	'10 years	'	'	'
Present value of contract termination payments made by new national sales representative	'	'	7.2	'	'	'
Additional liability recognized	'	'	'	'	'	0.2
Current portion of deferred representation fee incentive	0.7	'	'	0.7	'	'
Deferred representation fee incentive	3	'	'	3	'	'
Incentives as a reduction in selling, general and administrative expense	$0.20	$0.20	'	$0.60	$0.60	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	9 Months Ended	0 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	7-May-13
	Sep. 30, 2013	Common Class A [Member]
Income Taxes [Abstract]	'	'
Statutory federal income tax rate (in hundredths)	45.30%	'
Conversion of Stock [Line Items]	'	'
Conversion of stock shares by principal stockholder (in shares)	'	3,865,384
Operating Loss Carryforwards Limitations On Use [Abstract]	'	'
2013	$53	'
2014	91	'
2015	91	'
2016	91	'
2017	91	'
2018	50	'
Annually thereafter	$21	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2012	Dec. 31, 2012
In Millions, unless otherwise specified	Guarantee of Mission Debt [Member]	Accumulated Deficit [Member]	Other Non-current Liabilities [Member]	Other Non-current Liabilities of Mission [Member]
Operating Leases [Abstract]	'	'	'	'
Correction in beginning balance of other noncurrent liabilities, other noncurrent liabilities of Mission and Accumulated Deficit	'	$0.70	$0.40	$0.30
Guarantees of Mission Debt [Abstract]	'	'	'	'
Maximum commitment under senior secured credit facility	228.5	'	'	'
Commitment under senior secured credit facility at carrying value	$103.50	'	'	'

Condensed_Consolidating_Financ2

Condensed Consolidating Financial Information (Details) (USD $)	0 Months Ended
	Apr. 19, 2010	Sep. 30, 2013	Dec. 31, 2012
Senior secured second lien notes due 2017 [Member]	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'
Interest rate (in hundredths)	8.88%	8.88%	8.88%
Proceeds from Notes Payable	$316,800,000	'	'
Debt discount	8,200,000	4,640,000	5,622,000
Senior note 6.875% due 2020 [Member]	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'
Interest rate (in hundredths)	'	6.88%	6.88%
Nexstar Broadcasting [Member] \| Senior secured second lien notes due 2017 [Member]	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'
Proceeds from Notes Payable	184,900,000	'	'
Mission [Member] \| Senior secured second lien notes due 2017 [Member]	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'
Proceeds from Notes Payable	$131,900,000	'	'

Condensed_Consolidating_Financ3

Condensed Consolidating Financial Information, Condensed Consolidated Balance Sheets (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	$24,619	$68,999	$12,236	$7,546
Due from related parties, current	0	0	'	'
Other current assets	124,698	94,327	'	'
Total current assets	149,317	163,326	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	0	0	'	'
Property and equipment, net	219,263	180,162	'	'
Goodwill	188,108	148,409	'	'
FCC licenses	289,400	220,196	'	'
Other intangible assets, net	170,048	122,491	'	'
Other noncurrent assets	131,852	111,231	'	'
Total assets	1,147,988	945,815	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	4,750	2,175	'	'
Due to related parties	0	0	'	'
Other current liabilities	94,200	55,828	'	'
Total current liabilities	98,950	58,003	'	'
Debt	1,006,749	855,467	'	'
Deficiencies in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	30,931	30,106	'	'
Total liabilities	1,136,630	943,576	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	304	294	'	'
Other stockholder (deficit) equity	11,054	1,945	'	'
Total stockholders' equity	11,358	2,239	'	'
Total liabilities and stockholders' equity	1,147,988	945,815	'	'
Nexstar [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	'
Due from related parties, current	0	0	'	'
Other current assets	0	0	'	'
Total current assets	0	0	'	'
Amounts due from subsidiary eliminated upon consolidation	12,395	13,943	'	'
Amounts due from parents eliminated upon consolidation	0	0	'	'
Property and equipment, net	0	0	'	'
Goodwill	0	0	'	'
FCC licenses	0	0	'	'
Other intangible assets, net	0	0	'	'
Other noncurrent assets	0	0	'	'
Total assets	12,395	13,943	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties	0	0	'	'
Other current liabilities	0	0	'	'
Total current liabilities	0	0	'	'
Debt	0	0	'	'
Deficiencies in subsidiaries eliminated upon consolidation	71,226	76,322	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	-3	-3	'	'
Total liabilities	71,223	76,319	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	304	294	'	'
Other stockholder (deficit) equity	-59,132	-62,670	'	'
Total stockholders' equity	-58,828	-62,376	'	'
Total liabilities and stockholders' equity	12,395	13,943	'	'
Nexstar Broadcasting, Inc. [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	22,577	68,681	11,801	'
Due from related parties, current	0	0	'	'
Other current assets	115,620	88,700	'	'
Total current assets	138,197	157,381	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	2,845	1,297	'	'
Property and equipment, net	191,515	158,644	'	'
Goodwill	155,619	129,679	'	'
FCC licenses	247,837	198,257	'	'
Other intangible assets, net	144,733	112,296	'	'
Other noncurrent assets	97,726	70,689	'	'
Total assets	978,472	828,243	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	3,710	1,845	'	'
Due to related parties	14,233	512	'	'
Other current liabilities	89,431	52,372	'	'
Total current liabilities	107,374	54,729	'	'
Debt	904,777	812,315	'	'
Deficiencies in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	22,305	22,279	'	'
Total liabilities	1,034,456	889,323	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder (deficit) equity	-55,984	-61,080	'	'
Total stockholders' equity	-55,984	-61,080	'	'
Total liabilities and stockholders' equity	978,472	828,243	'	'
Mission [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	2,042	318	435	'
Due from related parties, current	14,233	512	'	'
Other current assets	9,078	5,627	'	'
Total current assets	25,353	6,457	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	0	0	'	'
Property and equipment, net	27,748	21,518	'	'
Goodwill	32,489	18,730	'	'
FCC licenses	41,563	21,939	'	'
Other intangible assets, net	25,315	10,195	'	'
Other noncurrent assets	34,126	40,542	'	'
Total assets	186,594	119,381	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	1,040	330	'	'
Due to related parties	0	0	'	'
Other current liabilities	17,564	9,463	'	'
Total current liabilities	18,604	9,793	'	'
Debt	411,907	362,531	'	'
Deficiencies in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	8,627	7,828	'	'
Total liabilities	439,138	380,152	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder (deficit) equity	-252,544	-260,771	'	'
Total stockholders' equity	-252,544	-260,771	'	'
Total liabilities and stockholders' equity	186,594	119,381	'	'
Nexstar Holdings [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	'
Due from related parties, current	0	0	'	'
Other current assets	0	0	'	'
Total current assets	0	0	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	0	'	'	'
Property and equipment, net	0	0	'	'
Goodwill	0	0	'	'
FCC licenses	0	0	'	'
Other intangible assets, net	0	0	'	'
Other noncurrent assets	0	0	'	'
Total assets	0	0	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties	0	0	'	'
Other current liabilities	0	0	'	'
Total current liabilities	0	0	'	'
Debt	0	0	'	'
Deficiencies in subsidiaries eliminated upon consolidation	55,984	61,080	'	'
Amounts due to subsidiary eliminated upon consolidation	15,240	15,240	'	'
Other noncurrent liabilities	2	2	'	'
Total liabilities	71,226	76,322	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder (deficit) equity	-71,226	-76,322	'	'
Total stockholders' equity	-71,226	-76,322	'	'
Total liabilities and stockholders' equity	0	0	'	'
Eliminations [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	'
Due from related parties, current	-14,233	-512	'	'
Other current assets	0	0	'	'
Total current assets	-14,233	-512	'	'
Amounts due from subsidiary eliminated upon consolidation	-12,395	-13,943	'	'
Amounts due from parents eliminated upon consolidation	-2,845	-1,297	'	'
Property and equipment, net	0	0	'	'
Goodwill	0	0	'	'
FCC licenses	0	0	'	'
Other intangible assets, net	0	0	'	'
Other noncurrent assets	0	0	'	'
Total assets	-29,473	-15,752	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties	-14,233	-512	'	'
Other current liabilities	-12,795	-6,007	'	'
Total current liabilities	-27,028	-6,519	'	'
Debt	-309,935	-319,379	'	'
Deficiencies in subsidiaries eliminated upon consolidation	-127,210	-137,402	'	'
Amounts due to subsidiary eliminated upon consolidation	-15,240	-15,240	'	'
Other noncurrent liabilities	0	0	'	'
Total liabilities	-479,413	-478,540	'	'
Stockholders' (deficit) equity [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder (deficit) equity	449,940	462,788	'	'
Total stockholders' equity	449,940	462,788	'	'
Total liabilities and stockholders' equity	($29,473)	($15,752)	'	'

Condensed_Consolidating_Financ4

Condensed Consolidating Financial Information, Condensed Consolidated Statements of Operations (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	$125,792	$89,952	$364,208	$262,458
Revenue between consolidated entities	0	0	0	0
Net revenue	125,792	89,952	364,208	262,458
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	37,270	21,950	107,835	65,930
Selling, general, and administrative expenses, excluding depreciation and amortization	37,587	27,506	110,652	81,746
Local service agreement fees between consolidated entities	0	0	0	0
Amortization of broadcast rights	9,188	5,563	26,867	16,303
Amortization of intangible assets	7,996	5,480	22,900	16,595
Depreciation	8,598	5,896	24,791	17,359
Total operating expenses	100,639	66,395	293,045	197,933
Income from operations	25,153	23,557	71,163	64,525
Interest expense, net	-16,900	-12,438	-50,352	-37,921
Other expense	-84	0	-252	0
Loss on extinguishment of debt	-1,048	0	-1,048	-497
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	7,121	11,119	19,511	26,107
Income tax expense	-3,526	-1,558	-8,844	-4,712
Net income	3,595	9,561	10,667	21,395
Nexstar [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	0	0	0	0
Revenue between consolidated entities	0	0	0	0
Net revenue	0	0	0	0
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	0	0	0	0
Selling, general, and administrative expenses, excluding depreciation and amortization	0	0	0	0
Local service agreement fees between consolidated entities	0	0	0	0
Amortization of broadcast rights	0	0	0	0
Amortization of intangible assets	0	0	0	0
Depreciation	0	0	0	0
Total operating expenses	0	0	0	0
Income from operations	0	0	0	0
Interest expense, net	0	0	0	0
Other expense	0	'	0	'
Loss on extinguishment of debt	0	'	0	0
Equity in income of subsidiaries	2,871	8,562	8,443	18,705
Income before income taxes	2,871	8,562	8,443	18,705
Income tax expense	0	0	0	0
Net income	2,871	8,562	8,443	18,705
Nexstar Broadcasting, Inc. [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	118,214	85,245	342,326	248,521
Revenue between consolidated entities	2,445	1,935	7,295	5,805
Net revenue	120,659	87,180	349,621	254,326
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	33,519	20,117	97,079	60,583
Selling, general, and administrative expenses, excluding depreciation and amortization	36,882	26,712	108,386	79,705
Local service agreement fees between consolidated entities	9,581	8,012	28,885	23,304
Amortization of broadcast rights	7,459	4,464	22,046	13,089
Amortization of intangible assets	6,246	4,210	17,414	12,784
Depreciation	7,748	5,195	22,020	15,217
Total operating expenses	101,435	68,710	295,830	204,682
Income from operations	19,224	18,470	53,791	49,644
Interest expense, net	-12,447	-8,688	-36,916	-26,715
Other expense	-84	'	-252	'
Loss on extinguishment of debt	-1,048	'	-1,048	-497
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	5,645	9,782	15,575	22,432
Income tax expense	-2,774	-1,220	-7,132	-3,727
Net income	2,871	8,562	8,443	18,705
Mission [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	7,578	4,707	21,882	13,937
Revenue between consolidated entities	9,581	8,012	28,885	23,304
Net revenue	17,159	12,719	50,767	37,241
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	3,751	1,833	10,756	5,347
Selling, general, and administrative expenses, excluding depreciation and amortization	705	794	2,266	2,041
Local service agreement fees between consolidated entities	2,445	1,935	7,295	5,805
Amortization of broadcast rights	1,729	1,099	4,821	3,214
Amortization of intangible assets	1,750	1,270	5,486	3,811
Depreciation	850	701	2,771	2,142
Total operating expenses	11,230	7,632	33,395	22,360
Income from operations	5,929	5,087	17,372	14,881
Interest expense, net	-4,453	-3,750	-13,436	-11,206
Other expense	0	'	0	'
Loss on extinguishment of debt	0	'	0	0
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	1,476	1,337	3,936	3,675
Income tax expense	-752	-338	-1,712	-985
Net income	724	999	2,224	2,690
Nexstar Holdings [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	0	0	0	0
Revenue between consolidated entities	0	0	0	0
Net revenue	0	0	0	0
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	0	0	0	0
Selling, general, and administrative expenses, excluding depreciation and amortization	0	0	0	0
Local service agreement fees between consolidated entities	0	0	0	0
Amortization of broadcast rights	0	0	0	0
Amortization of intangible assets	0	0	0	0
Depreciation	0	0	0	0
Total operating expenses	0	0	0	0
Income from operations	0	0	0	0
Interest expense, net	0	0	0	0
Other expense	0	'	0	'
Loss on extinguishment of debt	0	'	0	0
Equity in income of subsidiaries	2,871	8,562	8,443	18,705
Income before income taxes	2,871	8,562	8,443	18,705
Income tax expense	0	0	0	0
Net income	2,871	8,562	8,443	18,705
Eliminations [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	0	0	0	0
Revenue between consolidated entities	-12,026	-9,947	-36,180	-29,109
Net revenue	-12,026	-9,947	-36,180	-29,109
Operating expenses (income) [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	0	0	0	0
Selling, general, and administrative expenses, excluding depreciation and amortization	0	0	0	0
Local service agreement fees between consolidated entities	-12,026	-9,947	-36,180	-29,109
Amortization of broadcast rights	0	0	0	0
Amortization of intangible assets	0	0	0	0
Depreciation	0	0	0	0
Total operating expenses	-12,026	-9,947	-36,180	-29,109
Income from operations	0	0	0	0
Interest expense, net	0	0	0	0
Other expense	0	'	0	'
Loss on extinguishment of debt	0	'	0	0
Equity in income of subsidiaries	-5,742	-17,124	-16,886	-37,410
Income before income taxes	-5,742	-17,124	-16,886	-37,410
Income tax expense	0	0	0	0
Net income	($5,742)	($17,124)	($16,886)	($37,410)

Condensed_Consolidating_Financ5

Condensed Consolidating Financial Information, Condensed Consolidating Statement of Cash Flows (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	$45,728	$68,729
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-16,907	-11,024
Deposits and payments for acquisitions	-220,830	-28,554
Other investing activities	51	39
Net cash used in investing activities	-237,686	-39,539
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	223,875	70,500
Repayments of long-term debt and capital lease obligations	-70,913	-95,735
Common stock dividends paid	-10,654	0
Purchase of treasury stock	-8,422	0
Inter-company payments	0	0
Other financing activities	13,692	735
Net cash provided by (used in) financing activities	147,578	-24,500
Net increase (decrease) in cash and cash equivalents	-44,380	4,690
Cash and cash equivalents at beginning of period	68,999	7,546
Cash and cash equivalents at end of period	24,619	12,236
Nexstar [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	0	0
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	0	0
Deposits and payments for acquisitions	0	0
Other investing activities	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	0	0
Repayments of long-term debt and capital lease obligations	0	0
Common stock dividends paid	-10,654	'
Purchase of treasury stock	-8,422	'
Inter-company payments	12,914	-1,007
Other financing activities	6,162	1,007
Net cash provided by (used in) financing activities	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Nexstar Broadcasting, Inc. [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	43,554	66,973
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-16,826	-10,858
Deposits and payments for acquisitions	-161,321	-22,554
Other investing activities	51	39
Net cash used in investing activities	-178,096	-33,373
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	158,875	66,500
Repayments of long-term debt and capital lease obligations	-65,393	-94,742
Common stock dividends paid	0	'
Purchase of treasury stock	0	'
Inter-company payments	-12,914	1,007
Other financing activities	7,870	-212
Net cash provided by (used in) financing activities	88,438	-27,447
Net increase (decrease) in cash and cash equivalents	-46,104	6,153
Cash and cash equivalents at beginning of period	68,681	5,648
Cash and cash equivalents at end of period	22,577	11,801
Mission [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	-743	1,756
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-81	-166
Deposits and payments for acquisitions	-59,509	-6,000
Other investing activities	2,917	0
Net cash used in investing activities	-56,673	-6,166
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	65,000	4,000
Repayments of long-term debt and capital lease obligations	-5,520	-993
Common stock dividends paid	0	'
Purchase of treasury stock	0	'
Inter-company payments	0	0
Other financing activities	-340	-60
Net cash provided by (used in) financing activities	59,140	2,947
Net increase (decrease) in cash and cash equivalents	1,724	-1,463
Cash and cash equivalents at beginning of period	318	1,898
Cash and cash equivalents at end of period	2,042	435
Nexstar Holdings [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	0	0
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	0	0
Deposits and payments for acquisitions	0	0
Other investing activities	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	0	0
Repayments of long-term debt and capital lease obligations	0	0
Common stock dividends paid	0	'
Purchase of treasury stock	0	'
Inter-company payments	0	0
Other financing activities	0	0
Net cash provided by (used in) financing activities	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	0	0
Eliminations [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	2,917	0
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	0	0
Deposits and payments for acquisitions	0	0
Other investing activities	-2,917	0
Net cash used in investing activities	-2,917	0
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	0	0
Repayments of long-term debt and capital lease obligations	0	0
Common stock dividends paid	0	'
Purchase of treasury stock	0	'
Inter-company payments	0	0
Other financing activities	0	0
Net cash provided by (used in) financing activities	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents at beginning of period	0	0
Cash and cash equivalents at end of period	$0	$0

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	3 Months Ended		9 Months Ended		0 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Oct. 25, 2013	Nov. 06, 2013
					Subsequent Events [Member]	Grant [Member]
						Subsequent Events [Member]
						TelevisionStation
Subsequent Event [Line Items]	'	'	'	'	'	'
Quarterly dividend declared (in dollars per share)	$0.12	$0	$0.36	$0	$0.12	'
Dividends, date declared	'	'	'	'	25-Oct-13	'
Dividends, date payable	'	'	'	'	2-Dec-13	'
Dividends, date of record	'	'	'	'	15-Nov-13	'
Number of television stations to be acquired	'	'	'	'	'	7
Television markets of stations to be acquired	'	'	'	'	'	4
New television markets to be entered	'	'	'	'	'	3
New Duopolies to be operated	'	'	'	'	'	1
Deposit paid upon signing the agreement	'	'	'	'	'	$8,500,000
Purchase price	'	'	'	'	'	$87,500,000