Nexstar Media (NXST) 10-Q 8 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 04, 2014	Aug. 04, 2014
		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	'Large Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	30,887,926	0
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q2	'	'
Document Type	'10-Q	'	'
Amendment Flag	'false	'	'
Document Period End Date	30-Jun-14	'	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$32,113	$40,028
Accounts receivable, net of allowance for doubtful accounts of $2,994 and $3,035, respectively	106,851	109,430
Deferred tax assets, net	38,585	38,585
Prepaid expenses and other current assets	12,091	13,123
Total current assets	189,640	201,166
Property and equipment, net	219,155	212,259
Goodwill	213,880	198,052
FCC licenses	253,407	222,757
FCC licenses of consolidated variable interest entities	43,102	66,263
Other intangible assets, net	178,081	162,721
Deferred tax assets, net	21,796	30,898
Other noncurrent assets, net	69,991	69,606
Total assets	1,189,052	1,163,722
Current liabilities:	'	'
Current portion of debt	6,575	6,857
Accounts payable	12,031	10,250
Accrued expenses	33,639	24,142
Interest payable	4,878	4,661
Amounts payable to sellers for acquisition of stations	0	22,000
Other current liabilities of consolidated variable interest entities	5,331	4,923
Other current liabilities	10,746	11,089
Total current liabilities	73,200	83,922
Debt	1,081,805	1,064,262
Other noncurrent liabilities of consolidated variable interest entities	7,127	8,080
Other noncurrent liabilities	17,460	20,689
Total liabilities	1,179,592	1,176,953
Commitments and contingencies	'	'
Stockholders' equity (deficit):	'	'
Preferred stock	0	0
Common stock	309	306
Additional paid-in capital	397,208	396,817
Accumulated deficit	-392,057	-410,354
Total Nexstar Broadcasting Group, Inc. stockholders' equity (deficit)	5,460	-13,231
Noncontrolling interest in a consolidated variable interest entity	4,000	0
Total stockholders' equity (deficit)	9,460	-13,231
Total liabilities and stockholders' equity (deficit)	1,189,052	1,163,722
Class A Common Stock [Member]	'	'
Stockholders' equity (deficit):	'	'
Common stock	309	306
Class B Common Stock [Member]	'	'
Stockholders' equity (deficit):	'	'
Common stock	0	0
Class C Common Stock [Member]	'	'
Stockholders' equity (deficit):	'	'
Common stock	$0	$0

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Current assets:	'	'
Accounts receivable, allowance for doubtful accounts	$2,994	$3,035
Stockholders' equity (deficit):	'	'
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 (deficit):	'	'
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)	30,887,926	30,598,535
Common stock, shares outstanding (in shares)	30,887,926	30,598,535
Class B Common Stock [Member]	'	'
Stockholders' equity (deficit):	'	'
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	0
Common stock, shares outstanding (in shares)	0	0
Class C Common Stock [Member]	'	'
Stockholders' equity (deficit):	'	'
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		6 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) [Abstract]	'	'	'	'
Net revenue	$146,930	$126,211	$280,763	$238,416
Operating expenses:	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	45,257	36,461	87,106	70,565
Selling, general, and administrative expenses, excluding depreciation and amortization	43,796	37,565	84,836	73,065
Amortization of broadcast rights	8,280	8,866	16,912	17,679
Amortization of intangible assets	6,112	6,914	12,305	14,904
Depreciation	8,543	8,213	16,962	16,193
Total operating expenses	111,988	98,019	218,121	192,406
Income from operations	34,942	28,192	62,642	46,010
Interest expense, net	-15,339	-16,903	-30,509	-33,452
Loss on extinguishment of debt	-71	0	-71	0
Other expenses	-127	-84	-255	-168
Income before income taxes	19,405	11,205	31,807	12,390
Income tax expense	-8,461	-4,838	-13,510	-5,318
Net income	$10,944	$6,367	$18,297	$7,072
Net income per common share:	'	'	'	'
Basic (in dollars per share)	$0.36	$0.22	$0.60	$0.24
Diluted (in dollars per share)	$0.34	$0.20	$0.57	$0.23
Weighted average number of common shares outstanding:	'	'	'	'
Basic (in shares)	30,641	29,604	30,622	29,533
Diluted (in shares)	31,932	31,325	31,921	31,189
Dividends declared per common share (in dollars per share)	$0.15	$0.12	$0.30	$0.24

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (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]	Accumulated Deficit [Member]	Noncontrolling interest in a consolidated variable interest entity [Member]	Total
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2013	$0	$306	$0	$0	$396,817	($410,354)	$0	($13,231)
Balance (in shares) at Dec. 31, 2013	0	30,598,535	0	0	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'	'
Stock-based compensation expense	0	0	0	0	3,556	0	0	3,556
Exercise of stock options	0	3	0	0	1,281	0	0	1,284
Exercise of stock options (in shares)	0	289,391	0	0	'	'	'	'
Excess tax benefit from stock option exercises	0	0	0	0	4,734	0	0	4,734
Common stock dividends declared	0	0	0	0	-9,180	0	0	-9,180
Consolidation of a variable interest entity	0	0	0	0	0	0	4,000	4,000
Net income	0	0	0	0	0	18,297	0	18,297
Balance at Jun. 30, 2014	$0	$309	$0	$0	$397,208	($392,057)	$4,000	$9,460
Balance (in shares) at Jun. 30, 2014	0	30,887,926	0	0	'	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net income	$18,297	$7,072
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Provision for bad debts	1,626	871
Amortization of broadcast rights, excluding barter	5,731	6,280
Depreciation of property and equipment	16,962	16,193
Amortization of intangible assets	12,305	14,904
Loss on asset disposal, net	146	2
Amortization of debt financing costs	1,272	1,022
Amortization of debt discount	79	657
Loss on extinguishment of debt	71	0
Stock-based compensation expense	3,556	994
Deferred income taxes	12,044	4,711
Payments for broadcast rights	-6,078	-7,379
Deferred gain recognition	-218	-218
Amortization of deferred representation fee incentive	-410	-410
Excess tax benefit from stock option exercises	-4,734	-6,860
Changes in operating assets and liabilities, net of acquisitions:	'	'
Accounts receivable	3,625	-30,411
Prepaid expenses and other current assets	-476	113
Other noncurrent assets	152	13
Accounts payable and accrued expenses	8,629	4,269
Interest payable	217	-391
Other liabilities of consolidated variable interest entities	821	780
Other noncurrent liabilities	-197	-410
Net cash provided by operating activities	73,420	11,802
Cash flows from investing activities:	'	'
Purchases of property and equipment	-9,065	-10,012
Deposits and payments for acquisitions, net of cash acquired	-85,298	-154,620
Proceeds from disposals of property and equipment	33	36
Net cash used in investing activities	-94,330	-164,596
Cash flows from financing activities:	'	'
Repayments of long-term debt	-7,763	-32,875
Payments for debt financing costs	-357	-1,769
Proceeds from long-term debt	24,938	168,875
Purchase of treasury stock	0	-8,422
Proceeds from exercise of stock options	1,284	4,308
Excess tax benefit from stock option exercises	4,734	6,860
Common stock dividends paid	-9,180	-7,057
Payments for capital lease obligations	-661	-500
Net cash provided by financing activities	12,995	129,420
Net decrease in cash and cash equivalents	-7,915	-23,374
Cash and cash equivalents at beginning of period	40,028	68,999
Cash and cash equivalents at end of period	32,113	45,625
Supplemental information:	'	'
Interest paid	28,939	32,072
Income taxes paid, net of refunds	1,441	2,123
Non-cash investing and financing activities:	'	'
Accrued purchases of property and equipment	1,900	792
Noncash purchases of property and equipment	961	2,661
Accrued debt financing costs	$0	$485

Organization_and_Business_Oper

Organization and Business Operations	6 Months Ended
	Jun. 30, 2014
Organization and Business Operations [Abstract]	'
Organization and Business Operations	'
	1	Organization and Business Operations
	As of June 30, 2014, Nexstar Broadcasting Group, Inc. and its wholly-owned subsidiaries (“Nexstar”) owned, operated, programmed or provided sales and other services to 80 television stations and 20 digital multicast channels, including those owned by Mission Broadcasting, Inc. (“Mission”), in 46 markets in the states of Illinois, Indiana, Maryland, Missouri, Montana, Tennessee, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, Michigan, Utah, Vermont, California, Iowa and Colorado. The stations are affiliates of ABC (20 stations), NBC (16 stations), FOX (14 stations), CBS (16 stations), The CW (6 stations and 2 digital multicast channels), MyNetworkTV (6 stations and 2 digital multicast channels), Telemundo (one station and one digital multicast channel), Bounce TV (9 digital multicast channels), Me-TV (3 digital multicast channels), LiveWell (2 digital multicast channels), LATV (one digital multicast channel) and one independent station. Through various local service agreements, Nexstar provided sales, programming and other services to 22 stations and 5 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	6 Months Ended
	Jun. 30, 2014
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 and the accounts of independently-owned variable interest entities (“VIEs”), including Mission, for which Nexstar is the primary beneficiary. Nexstar and the consolidated VIEs are collectively referred to as the “Company”. Where the assets of the consolidated VIEs are not available to be used to settle the obligations of Nexstar, they are presented separately as assets of the consolidated VIEs on the Condensed Consolidated Balance Sheets. Similarly, where the creditors of the consolidated VIEs do not have recourse to the general credit of Nexstar, the related liabilities are presented separately as liabilities of the consolidated VIEs on the Condensed Consolidated Balance Sheets. Noncontrolling interest represents the owner’s share of the equity in one of Nexstar’s consolidated VIEs and is presented as a component separate from Nexstar Broadcasting Group, Inc. stockholders’ equity (deficit). 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. Certain stations owned by Citadel Communications, L.P. and its related entities (“Citadel”) were considered VIEs as of December 31, 2013. Nexstar completed the acquisition of these stations from Citadel during the first quarter of 2014 and they are no longer VIEs as of June 30, 2014.
	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 June 30, 2014 and for the three and six months ended June 30, 2014 and 2013 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, 2013. The balance sheet as of December 31, 2013 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 2014 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 June 30, 2014, the assets of Mission consisted of current assets of $17.3 million (excluding broadcast rights and amounts due from Nexstar), broadcast rights of $1.8 million, FCC licenses of $41.6 million, goodwill of $32.5 million, other intangible assets of $22.6 million, property and equipment of $25.4 million, noncurrent deferred tax assets of $21.7 million and other noncurrent assets of $7.0 million. Substantially all of Mission’s assets, except for its FCC licenses, collateralize its secured debt obligation. See Note 9 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 June 30, 2014:
	Service Agreements		Mission Stations
	TBA Only(1)		WFXP and KHMT
	SSA & JSA(2)		KJTL, KJBO-LP, KLRT, KASN, KOLR, KCIT, KCPN-LP, KAMC, KRBC, KSAN, WUTR, WAWV, WYOU, KODE, WTVO, KTVE, WTVW and WVNY
	__________________________________
	-1	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.
	Variable Interest Entities
	Nexstar 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 agreement 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 determined that it has a variable interest in KFQX, the FOX affiliate in the Grand Junction, Colorado market. Effective June 13, 2014, upon Nexstar’s acquisition of KREX (See Note 3), Nexstar assumed the contractual obligations under the station’s TBA with KFQX, to program most of KFQX’s broadcast time, sell its advertising time and retain the advertising revenue. Nexstar evaluated the business arrangements with KFQX and determined that it is the primary beneficiary of the variable interest because it has 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 KFQX.
	As of June 30, 2014, the assets of KFQX consisted of FCC license of $1.5 million, goodwill of $0.7 million and other intangible assets of $1.8 million. The consolidation of the assets and liabilities of the station into Nexstar resulted in a noncontrolling interest of $4.0 million, representing the interest held by the owners of KFQX as of June 13, 2014. See Note 3 for additional information. During the period June 13, 2014 to June 30, 2014, the station had no significant revenue and operating results.
	Nexstar has also determined that it has a variable interest in WYZZ, the FOX affiliate in Peoria, Illinois owned by Cunningham Broadcasting Corporation (“Cunningham”). Nexstar has evaluated its arrangement with Cunningham and has determined that it is not the primary beneficiary of the variable interest because it does not have 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 has not consolidated this station. Under the outsourcing agreement with Cunningham, Nexstar pays for certain operating expenses of WYZZ, and therefore may have unlimited exposure to any potential operating losses. Nexstar’s management believes that Nexstar’s minimum exposure to loss under the Cunningham outsourcing agreement consists of the fees paid to Cunningham. Additionally, Nexstar indemnifies the owners of WYZZ from and against all liability and claims arising out of or resulting from its activities, acts or omissions in connection with the agreement. The maximum potential amount of future payments Nexstar could be required to make for such indemnification is undeterminable at this time. In 2013, WYZZ was owned by Sinclair Broadcast Group, Inc. (“Sinclair”) and sold to Cunningham in November 2013, and Nexstar had another variable interest in WUHF in Rochester, New York, also owned by Sinclair, which terminated on December 31, 2013. Under the outsourcing agreements, Nexstar made payments to Cunningham of $0.3 million and $0.6 million for the three and six months ended June 30, 2014, respectively, and to Sinclair of $1.3 million and $2.4 million for the three and six months ended June 30, 2013, respectively. Nexstar had a balance due to Cunningham and Sinclair for fees under these arrangements in the amount of $0.3 million and $1.8 million as of June 30, 2014 and December 31, 2013, respectively, and had receivables for advertising aired on these stations in the amount of $0.6 million and $2.5 million, respectively.
	Nexstar had variable interests in the newly acquired stations from Citadel as a result of TBAs effective September 16, 2013. Nexstar evaluated the business arrangements with these stations and determined that it was the primary beneficiary of the variable interests because it had 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 consolidated these stations as of September 16, 2013 under authoritative guidance related to the consolidation of variable interest entities. Nexstar completed its acquisition of the Citadel stations in March 2014. Thus, Nexstar no longer has variable interests in these stations. See Note 3 for additional information.
	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				Six Months Ended
			June 30,				June 30,
			2014		2013		2014		2013
	Weighted average shares outstanding - basic			30,641		29,604		30,622		29,533
	Effect of dilutive stock options			1,291		1,721		1,299		1,656
	Weighted average shares outstanding - diluted			31,932		31,325		31,921		31,189
	Stock options to purchase a weighted average of 762,000 shares and 691,000 shares of Class A common stock were excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2014, respectively, because their impact would have been antidilutive. No stock options were excluded from the computation of dilutive earnings per share for the three and six months ended June 30, 2013.
	Basis of Presentation
	Certain prior year financial statement amounts have been reclassified to conform to the current year presentation.
	The Company has also revised the previously reported condensed consolidated statement of cash flows for the six months ended June 30, 2013. Non-cash purchases of property and equipment of $2.5 million which occurred during the three months ended March 31, 2013 were erroneously included within purchases of property and equipment, requiring net cash used in investing activities to be decreased by $2.5 million for each of the three months ended March 31, 2013, the six months ended June 30, 2013 and the nine months ended September 30, 2013. Additionally, certain payments for capital lease obligations were erroneously included in operating activities, requiring net cash provided by financing activities to be decreased by $0.2 million for the three months ended March 31, 2013, $0.5 million for the six months ended June 30, 2013 and $0.7 million for the nine months ended September 30, 2013. The above adjustments result in a decrease in net cash provided by operating activities of $2.3 million for the three months ended March 31, 2013, $2.0 million for the six months ended June 30, 2013 and $1.8 million for the nine months ended September 30, 2013. The Company does not believe these misclassifications were material to the previously reported interim financial statements. There was no impact on the consolidated statement of cash flows for the year ended December 31, 2013.
	The above adjustments had no effect on net income or stockholders’ equity (deficit) as previously reported.
	Recent Accounting Pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), an accounting standard update that amends the accounting guidance on revenue recognition. The amendments in this accounting standard update are intended to provide a more robust framework for addressing revenue issues, improve comparability of revenue recognition practices, and improve disclosure requirements. The amendments in this accounting standard update are effective for interim and annual reporting periods beginning after December 15, 2016. Early application is not permitted. We are currently evaluating the impact of the provisions of the accounting standard update.
	In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360) (“ASU 2014-08”). ASU 2014-08 provides guidance that raises the threshold for disposals to qualify as a discontinued operation. ASU 2014-08 also allows companies to have significant continuing involvement and continuing cash flows with the discontinued operation and requires additional disclosures for discontinued operation and new disclosures for individually material disposal transactions that do not meet the definition of a discontinued operation. The update is effective for the years beginning after December 15, 2014. Early application is permitted. The Company does not expect the implementation of this standard to have a material impact on its financial position or results of operations.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2014
Acquisitions [Abstract]	'
Acquisitions	'
	3	Acquisitions
	Citadel
	On September 16, 2013, Nexstar entered into definitive agreements with Citadel to acquire 3 television stations in 3 markets along with the respective network affiliation agreements: WOI, the ABC affiliate in the Des Moines, Iowa market, WHBF, the CBS affiliate in the Quad Cities, Iowa market and KCAU, the ABC affiliate in the Sioux City, Iowa market. Nexstar acquired the assets of KCAU and WHBF and the outstanding equity of WOI for a total of $87.9 million in cash. In 2013, Nexstar made payments of $44.9 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 and cash on hand. Nexstar also entered into TBAs with these stations, effective September 16, 2013, to provide programming and sales services to these stations during the pendency of the FCC approval of the acquisitions. On March 5, 2014, Nexstar received approval from the FCC to purchase the remaining assets of KCAU and WHBF and to acquire the outstanding equity of WOI. On March 13, 2014, Nexstar completed the acquisition of FCC licenses and real property interests of KCAU and WHBF and the outstanding equity of WOI and paid the remaining purchase price of $22.0 million, funded by cash on hand. In addition, Nexstar finalized the fair values of the assets acquired and recorded a decrease in goodwill of $19 thousand. The TBAs entered into with KCAU, WHBF and WOI were also terminated as of this date. The acquisitions allow Nexstar entrance into 3 new markets. During the six months ended June 30, 2014, transaction costs relating to these acquisitions, including legal and professional fees of $0.1 million, were expensed as incurred.
	The fair values of the assets acquired and liabilities consolidated upon becoming a VIE are as follows (in thousands):
	Broadcast rights		$	269
	Prepaid expenses and other current assets			305
	Property and equipment			10,613
	FCC licenses			24,700
	Network affiliation agreements			26,129
	Other intangible assets			3,398
	Goodwill			30,195
	Other assets			1,807
	Total assets acquired			97,416
	Less:  Broadcast rights payable			(269	)
	Less:  Accounts payable and accrued expenses			(397	)
	Less:  Deferred tax liabilities			(8,801	)
	Net assets acquired		$	87,949
	The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in programming and other station operating costs. The intangible assets related to the network affiliation agreements are amortized over 15 years. Other intangible assets are amortized over an estimated weighted average useful life of one year.
	The $10.7 million goodwill and $14.7 million FCC licenses attributable to KCAU and WHBF are deductible for tax purposes. WOI’s goodwill, FCC license and network affiliation agreements of $19.5 million, $10.0 million and $11.0 million, respectively, will not be deductible for tax purposes until such time that the station may be disposed.
	The acquired stations’ net revenue of $6.0 million and net income of $0.9 million during the three months ended June 30, 2014 and net revenue of $11.7 million and net income of $1.1 million during the six months ended June 30, 2014 have been included in the accompanying Condensed Consolidated Statements of Operations.
	Internet Broadcasting Systems
	Effective April 1, 2014, Nexstar acquired the assets of Internet Broadcasting Systems, Inc. (“IBS”), a digital publishing platform and digital agency services provider, for a total purchase price of $18.8 million, funded by cash on hand. The acquisition broadens Nexstar’s digital media portfolio with technologies and offerings that are complementary to Nexstar’s digital businesses and multi-screen strategies. During the six months ended June 30, 2014, transaction costs relating to this acquisition, including legal and professional fees of $0.1 million, were expensed as incurred. Additionally, employment charges of $0.5 million were incurred and included in the condensed consolidated statement of operations during the three months ended June 30, 2014.
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):
	Accounts receivable		$	631
	Prepaid expenses and other current assets			154
	Property and equipment			2,851
	Software and other intangible assets			10,853
	Goodwill			6,396
	Total assets acquired			20,885
	Less:  Accounts payable and accrued expenses			(1,119	)
	Less:  Deferred revenue			(976	)
	Net assets acquired		$	18,790
	The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in operating costs. Goodwill is deductible for tax purposes. Software and other intangible assets are amortized over an estimated weighted average useful life of five years.
	IBS’ net revenue of $5.3 million and net loss of $0.8 million for the period April 1, 2014 to June 30, 2014 have been included in the accompanying Condensed Consolidated Statements of Operations.
	ETG
	On May 15, 2014, Nexstar acquired the outstanding equity of Enterprise Technology Group, Inc. (“ETG”), a digital content management firm that offers solutions for media companies to build a presence on the web and in the mobile content sector, for a total purchase price of $7.2 million, funded by cash on hand. The acquisition broadens Nexstar’s digital media portfolio with technologies and offerings that are complementary to Nexstar’s digital businesses and multi-screen strategies. No significant transaction costs relating to this acquisition were incurred during the three and six months ended June 30, 2014.
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):
	Cash		$	433
	Accounts receivable			210
	Prepaid expenses and other current assets			84
	Property and equipment			75
	Software and other intangible assets			5,452
	Goodwill			3,309
	Total assets acquired			9,563
	Less:  Accounts payable and accrued expenses			(368	)
	Less:  Deferred revenue			(219	)
	Less:  Deferred tax liabilities			(1,792	)
	Net assets acquired		$	7,184
	The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in operating costs. Goodwill will not be deductible for tax purposes until such time that ETG may be disposed by Nexstar. Software and other intangible assets are amortized over an estimated weighted average useful life of five years.
	ETG’s net revenue of $0.5 million and net loss of $0.1 million for the period May 15, 2014 to June 30, 2014 have been included in the accompanying Condensed Consolidated Statements of Operations.
	Gray TV
	Effective June 13, 2014, Nexstar completed the acquisition of the outstanding equity of WMBB, the ABC affiliate in the Panama City, Florida market, KREX/KREG/KREY, the CBS affiliates and KGJT, the MyNetworkTV affiliate, all in the Grand Junction, Colorado market, from Gray Television Group, Inc. (“Gray TV”) for $34.5 million in cash, funded by a combination of proceeds from borrowings under Nexstar’s Term Loan A Facility (See Note 6) and cash on hand. Additionally, the amount of unpaid working capital adjustment of $0.5 million is included in accrued expenses of the condensed consolidated balance sheet as of June 30, 2014. Both KREG and KREY operate as satellite stations of KREX. This acquisition allows Nexstar entrance into 2 new markets. No significant transaction costs were incurred in connection with this acquisition during the three and six months ended June 30, 2014.
	The estimated fair values of the assets acquired and liabilities assumed in the acquisition are as follows (in thousands):
	Accounts receivable		$	1,831
	Broadcast rights			98
	Prepaid expenses and other current assets			74
	Property and equipment			12,513
	FCC licenses			5,950
	Network affiliation agreements			7,719
	Other intangible assets			1,878
	Goodwill			5,444
	Total assets acquired			35,507
	Less:  Broadcast rights payable			(98	)
Less:  Accounts payable and accrued expenses			(361	)
Net assets acquired		$	35,048
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 1.5 years.
The acquired stations’ net revenue of $0.5 million and net income of $0.1 million for the period June 13, 2014 to June 30, 2014 have been included in the accompanying Condensed Consolidated Statements of Operations.
On December 18, 2013, Mission entered into a definitive agreement with Excalibur Broadcasting, LLC (“Excalibur”) to acquire KFQX, the FOX affiliate in the Grand Junction, Colorado market. The acquisition will allow Mission entrance into this market. The FCC has not granted consent to Mission’s acquisition of KFQX from Excalibur. On May 27, 2014, Mission and Excalibur terminated their purchase agreement and Mission assumed Excalibur’s rights, title and interest in an existing purchase agreement with Parker Broadcasting, Inc. (“Parker”) to acquire KFQX for $4.0 million. In connection with this restructuring, Mission paid Parker a deposit of $3.2 million on June 13, 2014. The acquisition is subject to FCC approval and other customary conditions and Mission is projecting it to close in 2014. Mission expects to fund the remaining purchase price through cash generated from operations prior to closing. No significant transaction costs were incurred in connection with this acquisition during the three and six months ended June 30, 2014.
As discussed in Note 2, Nexstar is the primary beneficiary of the variable interests in KFQX and has consolidated this station into its Condensed Consolidated Financial Statements beginning June 13, 2014. Nexstar is in the process of determining the fair values of the net assets of the consolidated VIE and has recorded the following estimated beginning assets and liabilities of the station (in thousands):
FCC licenses of a consolidated VIE		$	1,539
Network affiliation agreements			1,744
Other intangible assets			19
Goodwill			698
Total assets of a consolidated VIE			4,000
Less:  Accounts payable and accrued expenses			(13	)
Net assets of a consolidated VIE		$	3,987
The fair value assigned to goodwill is attributable to future expense reductions utilizing management’s leverage in programming and other station operating costs. Mission has not yet evaluated the tax deductibility of the values assigned to goodwill and FCC licenses upon completion of the acquisition. The intangible asset related to the network affiliation agreements is amortized over 15 years. Other intangible assets are amortized over an estimated weighted average useful life of 11 months.
Pending Acquisitions
CCA/White Knight
On April 24, 2013, Nexstar and Mission entered into a 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. Pursuant to the stock purchase agreement, Nexstar agreed to purchase all the outstanding equity of CCA and Mission agreed to purchase all the outstanding equity of White Knight. In addition, Nexstar and Mission each entered into purchase agreements with Rocky Creek Communications, Inc. (“Rocky Creek”) with respect to the sale of one station each to Rocky Creek.
Due to certain subsequent changes in FCC rules and policies (see Note 7), the parties have agreed to restructure the transaction such that Nexstar will acquire the stock of CCA as well as CCA’s rights and obligations with respect to certain operating agreements between CCA and White Knight. Mission and Rocky Creek will no longer participate in the acquisition and White Knight will continue to own and operate its stations subject to the operating agreements as assumed by Nexstar. Additionally, simultaneous with its acquisition of the CCA stock, Nexstar will sell three stations currently owned by CCA to third parties other than Mission and Rocky Creek.
On June 4, 2014, Mission entered into an assignment and assumption agreement with Marshall Broadcasting Group, Inc. (“Marshall”) pursuant to which Mission assigned its rights and obligations under purchase agreements with Nexstar to Marshall with respect to television stations KPEJ, the FOX affiliate serving the Odessa-Midland market, and KMSS, the FOX affiliate serving the Shreveport market, which currently are owned by CCA, for $ 43.3 million, subject to FCC consent. Marshall and Nexstar have requested a waiver of the FCC’s new attribution rule with respect to JSAs and, subject to grant of the waiver, will enter into local service agreements with Nexstar which are substantially similar to the local service agreements between Nexstar and Mission.
On July 29, 2014, Nexstar entered into a purchase agreement with Bayou City Broadcasting Evansville, Inc. (“BCB”) pursuant to which Nexstar will, simultaneous with the CCA closing, sell CCA television station WEVV, the CBS affiliate serving the Evansville market, to BCB, for $18.6 million, subject to FCC consent. There will be no relationship between Nexstar and BCB or their respective stations upon BCB’s purchase of WEVV.
Upon consummation of the above transactions, Nexstar will acquire 13 television stations, one of which will be sold to BCB and two of which will be sold to Marshall and White Knight will continue to own its television stations. Nexstar and Marshall will enter into local service agreements for KPEJ and KMSS and Nexstar will assume CCA’s rights and obligations under CCA’s local service agreements with White Knight. These transactions will allow the Company entrance into 7 new markets and create duopolies in 4 markets. The stations impacted are as follows:
Market			Market Rank		Station		Affiliation
Nexstar:
Harlingen-Weslaco-Brownsville-McAllen, TX			86		KVEO		NBC/Estrella
Waco-Temple-Bryan, TX			88		KWKT		FOX/MyNetworkTV/ Estrella
					KYLE		FOX/MyNetworkTV/ Estrella
El Paso, TX			91		KTSM		NBC/Estrella
Baton Rouge, LA			94		WGMB		FOX
					WBRL-CD		The CW
Tyler-Longview, TX			107		KETK		NBC/Estrella
Lafayette, LA			124		KADN		FOX
					KLAF-LD		MyNetworkTV
Alexandria, LA			179		WNTZ		FOX/MyNetworkTV
Marshall:
Shreveport, LA			83		KMSS		FOX
Odessa-Midland, TX			152		KPEJ		FOX/Estrella
White Knight:
Baton Rouge, LA			94		WVLA		NBC
					KZUP-CD		RTV
Tyler-Longview, TX			107		KFXK		FOX
					KFXL-LD		FOX
					KLPN-LD		MyNetworkTV
Shreveport, LA			83		KSHV		MyNetworkTV
BCB:
Evansville, IN			104		WEVV		CBS
A deposit of $27.0 million was paid in April 2013 upon signing the agreement, funded by a combination of borrowings under Nexstar’s revolving credit facility and cash on hand. The remaining purchase price is expected to be funded through cash generated from operations prior to closing and borrowings under Nexstar’s existing credit facilities. Marshall will fund the payment of purchase price to Nexstar through future credit transactions which Nexstar has agreed to guarantee. BCB will fund its acquisition of WEVV separately and make a payment to Nexstar in the amount of the purchase price. The acquisitions are subject to FCC approval, Department of Justice (“DOJ”) approval and other customary conditions and Nexstar projects them to close in 2014. During the six months ended June 30, 2014, transaction costs relating to these acquisitions, including legal fees of $0.1 million, were expensed as incurred.
Stainless
On September 13, 2013, Mission entered into a definitive agreement to acquire WICZ, the FOX affiliate, and WBPN-LP, the MyNetworkTV affiliate, 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. A deposit of $0.2 million was paid in September 2013 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 2014. During the three and six months ended June 30, 2014, transactions costs relating to this acquisition, including legal and professional fees of $0.1 million and $0.4 million, respectively, were expensed as incurred.
Grant
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. The stations to be acquired, along with their respective network affiliation agreements, are WFXR, the FOX affiliate and WWCW, The CW affiliate, both serving the Roanoke, Virginia market, WZDX, the FOX affiliate in the Huntsville, Alabama market, KGCW, The CW affiliate and KLJB, the FOX affiliate, both in the Quad Cities, Iowa market and WLAX/WEUX, the FOX affiliates, in the LaCrosse, Wisconsin market. WEUX operates as a satellite station of WLAX. Simultaneous with this acquisition, Nexstar entered into a purchase agreement with Mission pursuant to which Mission would acquire KLJB from Nexstar and, upon consummation, enter into local service agreements with Nexstar.
Due to certain subsequent changes in FCC rules and policies (see Note 7), on June 4, 2014, Mission entered into an assignment and assumption agreement with Marshall pursuant to which Mission assigned its rights and obligations under its purchase agreement with Nexstar to Marshall and Marshall will acquire KLJB for $15.3 million, subject to FCC consent. Marshall and Nexstar have requested a waiver of the FCC’s new attribution rule with respect to joint sales agreements and, subject to grant of the waiver, will enter into local service agreements with Nexstar which are substantially similar to the local service agreements between Nexstar and Mission.
The acquisition will allow Nexstar entrance into 3 new markets and duopolies in two markets. A deposit of $8.5 million was paid by Nexstar in November 2013 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 and borrowings under Nexstar’s existing credit facilities. Marshall will fund the payment of purchase price to Nexstar through future credit transactions which Nexstar has agreed to guarantee. The acquisitions are subject to FCC approval and other customary conditions and Nexstar is projecting them to close in 2014. No significant transaction costs were incurred in connection with this acquisition during the three and six months ended June 30, 2014.
Unaudited Pro Forma Information
The acquisitions of Citadel stations, Gray TV stations and ETG are immaterial, both individually and in aggregate. Therefore, pro forma information has not been provided for these acquisitions. The following unaudited pro forma information has been presented as if the acquisition of IBS had occurred on January 1, 2013 (in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014				2013		2014		2013
Net revenue		$	146,930			$	131,306	$	286,213	$	248,166
Income before income taxes			19,521				10,512		31,449		10,427
Net income			11,012				5,926		18,087		5,822
Net income per common share - basic			0.36				0.2		0.59		0.2
Net income per common share - diluted			0.34				0.19		0.57		0.19
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 Nexstar owned IBS during the specified periods.

Intangible_Assets_and_Goodwill

Intangible Assets and Goodwill	6 Months Ended
	Jun. 30, 2014
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-Jun-14												31-Dec-13
			useful life,						Accumulated												Accumulated
			in years		Gross				Amortization					Net			Gross				Amortization			Net
	Network affiliation agreements		15		$	451,274			$	(300,868	)			$	150,406		$	441,811			$	(291,154	)	$	150,657
	Other definite-lived intangible assets		15-Jan			51,844				(24,169	)				27,675			33,642				(21,578	)		12,064
	Other intangible assets				$	503,118			$	(325,037	)			$	178,081		$	475,453			$	(312,732	)	$	162,721
	The following table presents the Company’s estimate of amortization expense for the remainder of 2014, each of the five succeeding years ended December 31 and thereafter for definite-lived intangible assets as of June 30, 2014 (in thousands):
	Remainder of 2014		$	12,868
	2015			24,384
	2016			19,452
	2017			18,540
	2018			16,186
	2019			12,733
	Thereafter			73,918
			$	178,081
	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, 2013		$	244,043			$	(45,991	)		$	198,052			$	338,441		$	(49,421	)		$	289,020
	Acquisitions (See Note 3):
	Citadel			(19	)			-				(19	)			-			-				-
	IBS			6,396				-				6,396				-			-				-
	ETG			3,309				-				3,309				-			-				-
	Gray TV			5,444				-				5,444				5,950			-				5,950
	Consolidation of a VIE (See Notes 2 and 3)			698				-				698				1,539			-				1,539
	Balance as of June 30, 2014		$	259,871			$	(45,991	)		$	213,880			$	345,930		$	(49,421	)		$	296,509
	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 of June 30, 2014, the Company did not identify any events that would trigger impairment assessment.

Accrued_Expenses

Accrued Expenses	6 Months Ended
	Jun. 30, 2014
Accrued Expenses [Abstract]	'
Accrued Expenses	'
	5	Accrued Expenses
	Accrued expenses consisted of the following (in thousands):
			June 30,		December 31,
			2014		2013
	Compensation and related taxes		$	16,300	$	9,744
	Sales commissions			2,429		2,556
	Employee benefits			1,875		1,354
	Property taxes			1,096		649
	Other			11,939		9,839
			$	33,639	$	24,142

Debt

Debt	6 Months Ended
	Jun. 30, 2014
Debt [Abstract]	'
Debt	'
	6	Debt
	Long-term debt consisted of the following (in thousands):
			June 30,			December 31,
			2014			2013
	Term loans, net of discount of $1,491 and $1,554, respectively		$	562,750		$	545,450
	6.875% Senior unsecured notes due 2020, including premium of $630 and $669, respectively			525,630			525,669
				1,088,380			1,071,119
	Less: current portion			(6,575	)		(6,857	)
			$	1,081,805		$	1,064,262
	2014 Transactions
	Through June 2014, Nexstar and Mission paid the contractual maturities under their senior secured credit facilities of $1.0 million and $0.9 million, respectively.
	On March 10, 2014, pursuant to the mandatory prepayment provisions under their credit agreements, Nexstar and Mission prepaid $1.1 million and $1.0 million, respectively, of the outstanding principal balances under their Term Loan B-2 facilities. In addition, Nexstar prepaid $0.5 million of the outstanding principal balance under its Term Loan A. The mandatory prepayments were calculated per the credit agreements, based on the consolidated first lien indebtedness ratio, as defined in the credit agreements, less amounts declined by lenders.
	Effective April 30, 2014, Nexstar and Mission amended each of their credit agreements. The amendments increased Nexstar’s total commitments under its Term Loan A Facility from $144.0 million to $159.0 million and reduced Mission’s total commitments under its Term Loan A Facility from $90.0 million to $60.0 million. Pursuant to the terms of the amended credit agreements, Nexstar may also reallocate its unused Term Loan A Facility to Mission and Mission may reallocate its unused Term Loan A Facility to Nexstar. Additionally, the amendments increased the commitment fees on unused Term Loan A Facilities from 0.5% to 1.0% and extended the quarterly principal payments commencement to December 31, 2014. On May 5, 2014, Nexstar prepaid $3.2 million of the outstanding principal balance under its Term Loan A pursuant to the terms of its amended credit agreement.
	On June 12, 2014, Nexstar borrowed $25.0 million, issued at 99.75%, under its Term Loan A Facility to partially fund the acquisition of certain television stations from Gray TV (See Note 3).
	Unused Commitments and Borrowing Availability
	Nexstar and Mission had $105.0 million of total unused revolving loan commitments and $147.2 million of unused Term Loan A Facilities under their amended senior secured credit facilities, all of which was available for borrowing, based on the covenant calculations as of June 30, 2014. Nexstar and Mission’s ability to access funds under their senior secured credit facilities depends, in part, on their compliance with certain financial covenants.
	Debt Covenants
	The Nexstar senior secured credit facility agreement contains covenants which require Nexstar to comply with certain financial covenant ratios, including (1) a maximum consolidated total net leverage ratio of Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned, indirect subsidiary of Nexstar, and Mission of 7.25 to 1.00 at June 30, 2014, (2) a maximum consolidated first lien net leverage ratio of 4.00 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 June 30, 2014, Nexstar 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 guarantees 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-Jun-14						31-Dec-13
			Carrying			Fair			Carrying		Fair
			Amount			Value			Amount		Value
	Term loans(1)		$	562,750		$	563,771		$	545,450	$	546,818
	6.875% Senior unsecured notes(2)			525,630			568,313			525,669		561,750
	________________________________
	-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.

FCC_Regulatory_Matters

FCC Regulatory Matters	6 Months Ended
	Jun. 30, 2014
FCC Regulatory Matters [Abstract]	'
FCC Regulatory Matters	'
	7	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. The Company will transition its low power and television translator stations to digital operations prior to September 1, 2015.
	Media Ownership
	The FCC is required to review its media ownership rules every four years and to eliminate those rules it finds no longer serve the “public interest, convenience and necessity.”
	In 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 review of the Third Circuit’s decision.
	In May 2010, the FCC initiated its 2010 review of its media ownership rules with the issuance of a notice of inquiry, and in December 2011, the agency issued a notice of proposed rulemaking seeking comment on specific proposed changes to its ownership rules. The FCC, however, did not complete its 2010 review proceeding.  In March 2014, the FCC initiated its 2014 quadrennial review with the adoption of a Further Notice of Proposed Rulemaking (FNPRM). The FNPRM incorporates the record of the 2010 quadrennial review proceeding and again solicits comment on proposed changes to the media ownership rules. Among the proposals in the FNPRM are (1) retention of the current local television ownership rule (but with modifications to certain service contour definitions to conform to digital television broadcasting), (2) elimination of the radio/television cross-ownership rule, (3) elimination of the newspaper/radio cross-ownership rule, and (4) retention of the newspaper/television cross-ownership rule, while considering waivers of that rule in certain circumstances. The FNPRM also proposes to define a category of sharing agreements designated as SSAs between television stations, and to require television stations to disclose those SSAs. Comments and reply comments on the FNPRM are expected to be filed in the third quarter of 2014.
	Concurrently with its adoption of the FNPRM, the FCC also adopted a rule making television JSAs attributable to the seller of advertising time in certain circumstances. Under this rule, where a party owns a full-power television station in a market and sells more than 15% of the weekly advertising time for another, non-owned station in the same market under a JSA, that party will be deemed to have an attributable interest in the latter station for purposes of the local television ownership rule. Parties to newly attributable JSAs that do not comply with the local television ownership rule will have two years from June 19, 2014, the effective date of the rule, to modify or terminate their JSAs to come into compliance. Although the FCC will consider waivers of the new JSA attribution rule, the FCC thus far has provided little guidance on what factors must be present for a waiver to be granted. If we are required to amend or terminate our existing agreements we could have a reduction in revenue and increased costs if we are unable to successfully implement alternative arrangements that are as beneficial as the existing JSA agreements. The Company, along with several other entities, has filed for review of the new JSA rule in the U.S. Court of Appeals for the D.C. Circuit. The D.C. Circuit currently is considering whether to hear the appeal or transfer it to the Third Circuit.
	Also in March 2014, the FCC’s Media Bureau issued a public notice announcing “processing guidelines” for certain pending and future applications for FCC approval of television acquisitions. The public notice indicates that the FCC will “closely scrutinize” applications which propose a JSA, SSA or local marketing agreement (“LMA”) between television stations, combined with an option, a similar “contingent interest,” or a loan guarantee. The FCC’s processing guidelines and the new JSA attribution rule are both subjects of pending court appeals.
	In September 2013, the FCC commenced a rulemaking proceeding to consider whether to eliminate the “UHF discount” that is currently used to calculate compliance with the national television ownership limit.
	Spectrum
	The FCC 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. In June 2014, the FCC released a Report and Order adopting rules to implement the broadcast television spectrum incentive auction, including rules addressing the design of the incentive auction and various technical issues related to the reallocation of television spectrum for mobile broadband use. The FCC will decide additional issues related to the incentive auction, including final auction procedures and still-outstanding technical issues, in separate proceedings over the next several months. The FCC has stated its intention to conduct the incentive auction in 2015. A reallocation of television spectrum for wireless broadband use will 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 also asked for comment on eliminating the network non-duplication and syndicated exclusivity protection rules, which may permit MVPDs to import out-of-market television stations during a retransmission consent dispute.
	In March 2014, the FCC adopted a rule that prohibits joint retransmission consent negotiation between television stations in the same market which are not commonly owned and which are ranked among the top four stations in the market in terms of audience share. An appeal has been filed for review of this new rule in the U.S. Court of Appeals for the D.C. Circuit.
	Concurrently with its adoption of this rule, the FCC also adopted a further notice of proposed rulemaking which seeks comment on the elimination or modification of the network non-duplication and syndicated exclusivity rules.  The FCC’s prohibition on joint negotiations and its possible elimination or modification of the network non-duplication and syndicated exclusivity protection rules may affect the Company’s ability to sustain its current level of retransmission consent revenues or grow such revenues in the future and could have an adverse effect on the Company’s business, financial condition and results of operations. The Company cannot predict the resolution of the FCC’s network non-duplication and syndicated exclusivity proposals, or the impact of these proposals or the FCC’s new prohibition on joint negotiations, on its business.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	8	Commitments and Contingencies
	Guarantee of Mission Debt
	Nexstar guarantees 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 June 30, 2014, Mission had a maximum commitment of $321.0 million under its senior secured credit facility, of which $231.0 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	6 Months Ended
	Jun. 30, 2014
Condensed Consolidating Financial Information [Abstract]	'
Condensed Consolidating Financial Information	'
	9	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 VIEs. 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 100% of Nexstar Finance Holdings, Inc. (“Nexstar Holdings”), which owns 100% of Nexstar Broadcasting. The Nexstar Holdings column presents its financial information (not including any subsidiaries). The Nexstar Broadcasting column presents its financial information. 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’s outstanding 6.875% senior unsecured notes (See Note 6) are fully and unconditionally guaranteed, jointly and severally, by Nexstar and Mission, subject to certain customary release provisions. These notes are not guaranteed by any other entities.
	The condensed consolidating statement of cash flows for the six months ended June 30, 2013 has been revised to reflect correction of certain classification errors discussed in Note 2.
	CONDENSED CONSOLIDATING BALANCE SHEET
	As of June 30, 2014
	(in thousands)
						Nexstar						Nexstar					Consolidated
			Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-		$	29,391		$	2,722		$	-	$	-		$	32,113
	Due from Nexstar Broadcasting			-			-			5,436			-		(5,436	)		-
	Other current assets			-			141,975			15,552			-		-			157,527
	Total current assets			-			171,366			23,710			-		(5,436	)		189,640
	Investments in subsidiaries eliminated upon consolidation			72,616			-			-			87,858		(160,474	)		-
	Amounts due from subsidiary eliminated upon consolidation			652			-			-			-		(652	)		-
	Amounts due from parents eliminated upon consolidation			-			14,588			-			-		(14,588	)		-
	Property and equipment, net			-			193,736			25,419			-		-			219,155
	Goodwill			-			181,391			32,489			-		-			213,880
	FCC licenses			-			254,946			41,563			-		-			296,509
	Other intangible assets, net			-			155,526			22,555			-		-			178,081
	Other noncurrent assets			-			62,272			29,515			-		-			91,787
	Total assets		$	73,268		$	1,033,825		$	175,251		$	87,858	$	(181,150	)	$	1,189,052
	LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
	Current liabilities:
	Current portion of debt		$	-		$	4,738		$	1,837		$	-	$	-		$	6,575
	Due to Mission			-			5,436			-			-		(5,436	)		-
	Other current liabilities			-			61,272			5,353			-		-			66,625
	Total current liabilities			-			71,446			7,190			-		(5,436	)		73,200
	Debt			-			853,060			228,745			-		-			1,081,805
	Amounts due to subsidiary eliminated upon consolidation			-			-			-			15,240		(15,240	)		-
	Other noncurrent liabilities			(3	)		17,461			7,127			2		-			24,587
	Total liabilities			(3	)		941,967			243,062			15,242		(20,676	)		1,179,592
	Stockholders' equity (deficit):
	Common stock			309			-			-			-		-			309
	Other stockholders' equity (deficit)			72,962			91,858			(67,811	)		72,616		(160,474	)		9,151
	Total stockholders' equity (deficit)			73,271			91,858			(67,811	)		72,616		(160,474	)		9,460
	Total liabilities and stockholders' equity (deficit)		$	73,268		$	1,033,825		$	175,251		$	87,858	$	(181,150	)	$	1,189,052
	CONDENSED CONSOLIDATING BALANCE SHEET
	As of December 31, 2013
	(in thousands)
						Nexstar						Nexstar					Consolidated
			Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	ASSETS
	Current assets:
	Cash and cash equivalents		$	-		$	36,312		$	3,716		$	-	$	-		$	40,028
	Due from Mission			-			3,847			-			-		(3,847	)		-
	Other current assets			-			146,298			14,840			-		-			161,138
	Total current assets			-			186,457			18,556			-		(3,847	)		201,166
	Investments in subsidiaries eliminated upon consolidation			61,100			-			-			76,342		(137,442	)		-
	Amounts due from subsidiary eliminated upon consolidation			259			-			-			-		(259	)		-
	Amounts due from parents eliminated upon consolidation			-			14,981			-			-		(14,981	)		-
	Property and equipment, net			-			185,499			26,760			-		-			212,259
	Goodwill			-			165,563			32,489			-		-			198,052
	FCC licenses			-			247,457			41,563			-		-			289,020
	Other intangible assets, net			-			138,683			24,038			-		-			162,721
	Other noncurrent assets			-			69,161			31,343			-		-			100,504
	Total assets		$	61,359		$	1,007,801		$	174,749		$	76,342	$	(156,529	)	$	1,163,722
	LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
	Current liabilities:
	Current portion of debt		$	-		$	4,523		$	2,334		$	-	$	-		$	6,857
Due to Nexstar Broadcasting			-			-			3,847			-		(3,847	)		-
Other current liabilities			-			72,115			4,950			-		-			77,065
Total current liabilities			-			76,638			11,131			-		(3,847	)		83,922
Debt			-			834,131			230,131			-		-			1,064,262
Amounts due to subsidiary eliminated upon consolidation			-			-			-			15,240		(15,240	)		-
Other noncurrent liabilities			(3	)		20,690			8,080			2		-			28,769
Total liabilities			(3	)		931,459			249,342			15,242		(19,087	)		1,176,953
Stockholders' equity (deficit):
Common stock			306			-			-			-		-			306
Other stockholders' equity (deficit)			61,056			76,342			(74,593	)		61,100		(137,442	)		(13,537	)
Total stockholders' equity (deficit)			61,362			76,342			(74,593	)		61,100		(137,442	)		(13,231	)
Total liabilities and
stockholders' equity (deficit)		$	61,359		$	1,007,801		$	174,749		$	76,342	$	(156,529	)	$	1,163,722
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended June 30, 2014
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Net broadcast revenue (including trade and barter)		$	-		$	138,181		$	8,749		$	-	$	-		$	146,930
Revenue between consolidated entities			-			2,445			9,808			-		(12,253	)		-
Net revenue			-			140,626			18,557			-		(12,253	)		146,930
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-			41,001			4,256			-		-			45,257
Selling, general, and administrative expenses, excluding depreciation and amortization			-			43,013			783			-		-			43,796
Local service agreement fees between consolidated entities			-			9,808			2,445			-		(12,253	)		-
Amortization of broadcast rights			-			6,879			1,401			-		-			8,280
Amortization of intangible assets			-			5,402			710			-		-			6,112
Depreciation			-			7,820			723			-		-			8,543
Total operating expenses			-			113,923			10,318			-		(12,253	)		111,988
Income from operations			-			26,703			8,239			-		-			34,942
Interest expense, net			-			(12,816	)		(2,523	)		-		-			(15,339	)
Loss on extinguishment of debt			-			(50	)		(21	)		-		-			(71	)
Other expenses			-			(127	)		-			-		-			(127	)
Equity in income of subsidiaries			7,466			-			-			7,466		(14,932	)		-
Income before income taxes			7,466			13,710			5,695			7,466		(14,932	)		19,405
Income tax expense			-			(6,244	)		(2,217	)		-		-			(8,461	)
Net income		$	7,466		$	7,466		$	3,478		$	7,466	$	(14,932	)	$	10,944
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Three Months Ended June 30, 2013
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Net broadcast revenue (including trade and barter)		$	-		$	119,002		$	7,209		$	-	$	-		$	126,211
Revenue between consolidated entities			-			2,445			10,042			-		(12,487	)		-
Net revenue			-			121,447			17,251			-		(12,487	)		126,211
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-			32,804			3,657			-		-			36,461
Selling, general, and administrative expenses, excluding depreciation and amortization			-			36,801			764			-		-			37,565
Local service agreement fees between consolidated entities			-			10,042			2,445			-		(12,487	)		-
Amortization of broadcast rights			-			7,373			1,493			-		-			8,866
Amortization of intangible assets			-			5,244			1,670			-		-			6,914
Depreciation			-			7,260			953			-		-			8,213
Total operating expenses			-			99,524			10,982			-		(12,487	)		98,019
Income from operations			-			21,923			6,269			-		-			28,192
Interest expense, net			-			(12,397	)		(4,506	)		-		-			(16,903	)
Other expense			-			(84	)		-			-		-			(84	)
Equity in income of subsidiaries			5,290			-			-			5,290		(10,580	)		-
Income before income taxes			5,290			9,442			1,763			5,290		(10,580	)		11,205
Income tax expense			-			(4,152	)		(686	)		-		-			(4,838	)
Net income		$	5,290		$	5,290		$	1,077		$	5,290	$	(10,580	)	$	6,367
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Six Months Ended June 30, 2014
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Net broadcast revenue (including trade and barter)		$	-		$	263,134		$	17,629		$	-	$	-		$	280,763
Revenue between consolidated entities			-			4,890			19,456			-		(24,346	)		-
Net revenue			-			268,024			37,085			-		(24,346	)		280,763
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-			78,484			8,622			-		-			87,106
Selling, general, and administrative expenses, excluding depreciation and amortization			-			83,230			1,606			-		-			84,836
Local service agreement fees between consolidated entities			-			19,456			4,890			-		(24,346	)		-
Amortization of broadcast rights			-			14,021			2,891			-		-			16,912
Amortization of intangible assets			-			10,822			1,483			-		-			12,305
Depreciation			-			15,506			1,456			-		-			16,962
Total operating expenses			-			221,519			20,948			-		(24,346	)		218,121
Income from operations			-			46,505			16,137			-		-			62,642
Interest expense, net			-			(25,493	)		(5,016	)		-		-			(30,509	)
Loss on extinguishment of debt			-			(50	)		(21	)		-		-			(71	)
Other expenses			-			(255	)		-			-		-			(255	)
Equity in income of subsidiaries			11,515			-			-			11,515		(23,030	)		-
Income before income taxes			11,515			20,707			11,100			11,515		(23,030	)		31,807
Income tax expense			-			(9,192	)		(4,318	)		-		-			(13,510	)
Net income		$	11,515		$	11,515		$	6,782		$	11,515	$	(23,030	)	$	18,297
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Six Months Ended June 30, 2013
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Net broadcast revenue (including trade and barter)		$	-		$	224,112		$	14,304		$	-	$	-		$	238,416
Revenue between consolidated entities			-			4,850			19,304			-		(24,154	)		-
Net revenue			-			228,962			33,608			-		(24,154	)		238,416
Operating expenses:
Direct operating expenses, excluding depreciation and amortization			-			63,560			7,005			-		-			70,565
Selling, general, and administrative expenses, excluding depreciation and amortization			-			71,504			1,561			-		-			73,065
Local service agreement fees between consolidated entities			-			19,304			4,850			-		(24,154	)		-
Amortization of broadcast rights			-			14,587			3,092			-		-			17,679
Amortization of intangible assets			-			11,168			3,736			-		-			14,904
Depreciation			-			14,272			1,921			-		-			16,193
Total operating expenses			-			194,395			22,165			-		(24,154	)		192,406
Income from operations			-			34,567			11,443			-		-			46,010
Interest expense, net			-			(24,469	)		(8,983	)		-		-			(33,452	)
Other expense			-			(168	)		-			-		-			(168	)
Equity in income of subsidiaries			5,572			-			-			5,572		(11,144	)		-
Income before income taxes			5,572			9,930			2,460			5,572		(11,144	)		12,390
Income tax expense			-			(4,358	)		(960	)		-		-			(5,318	)
Net income		$	5,572		$	5,572		$	1,500		$	5,572	$	(11,144	)	$	7,072
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Six Months Ended June 30, 2014
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Cash flows from operating activities		$	-		$	69,056		$	4,364		$	-	$	-		$	73,420
Cash flows from investing activities:
Purchases of property and equipment			-			(8,950	)		(115	)		-		-			(9,065	)
Deposits and payments for acquisitions			-			(82,098	)		(3,200	)		-		-			(85,298	)
Other investing activities			-			33			-			-		-			33
Net cash used in investing activities			-			(91,015	)		(3,315	)		-		-			(94,330	)
Cash flows from financing activities:
Proceeds from long-term debt			-			24,938			-			-		-			24,938
Repayments of long-term debt			-			(5,849	)		(1,914	)		-		-			(7,763	)
Common stock dividends paid			(9,180	)		-			-			-		-			(9,180	)
Inter-company payments			7,896			(7,896	)		-			-		-			-
Other financing activities			1,284			3,845			(129	)		-		-			5,000
Net cash provided by (used in) financing activities			-			15,038			(2,043	)		-		-			12,995
Net decrease in cash and cash equivalents			-			(6,921	)		(994	)		-		-			(7,915	)
Cash and cash equivalents at beginning of period			-			36,312			3,716			-		-			40,028
Cash and cash equivalents at end of period		$	-		$	29,391		$	2,722		$	-	$	-		$	32,113
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
Six Months Ended June 30, 2013
(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Cash flows from operating activities		$	-		$	13,331		$	(1,529	)	$	-	$	-		$	11,802
Cash flows from investing activities:
Purchases of property and equipment			-			(9,964	)		(48	)		-		-			(10,012	)
Deposits and payments for acquisitions			-			(95,282	)		(59,338	)		-		-			(154,620	)
Other investing activities			-			36			-			-		-			36
Net cash used in investing activities			-			(105,210	)		(59,386	)		-		-			(164,596	)
Cash flows from financing activities:
Proceeds from long-term debt			-			103,875			65,000			-		-			168,875
Repayments of long-term debt			-			(32,615	)		(260	)		-		-			(32,875	)
Common stock dividends paid			(7,057	)		-			-			-		-			(7,057	)
Purchase of treasury stock			(8,422	)		-			-			-		-			(8,422	)
Inter-company payments			11,171			(11,171	)		-			-		-			-
Other financing activities			4,308			7,441			(2,850	)		-		-			8,899
Net cash provided by financing activities			-			67,530			61,890			-		-			129,420
Net (decrease) increase in cash and cash equivalents			-			(24,349	)		975			-		-			(23,374	)
Cash and cash equivalents at beginning of period			-			68,681			318			-		-			68,999
Cash and cash equivalents at end of period		$	-		$	44,332		$	1,293		$	-	$	-		$	45,625

Subsequent_Events

Subsequent Events	6 Months Ended
	Jun. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	10	Subsequent Events
	On July 25, 2014, Nexstar’s Board of Directors declared a quarterly dividend of $0.15 per share of its Class A common stock. The dividend is payable on August 29, 2014 to stockholders of record on August 15, 2014.
	On July 29, 2014, Nexstar entered into a purchase agreement with BCB to sell CCA television station WEVV, the CBS affiliate serving the Evansville, Indiana market, to BCB in connection with the closing of the CCA transaction. See Note 3 for additional information.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation
	The Condensed Consolidated Financial Statements include the accounts of Nexstar and the accounts of independently-owned variable interest entities (“VIEs”), including Mission, for which Nexstar is the primary beneficiary. Nexstar and the consolidated VIEs are collectively referred to as the “Company”. Where the assets of the consolidated VIEs are not available to be used to settle the obligations of Nexstar, they are presented separately as assets of the consolidated VIEs on the Condensed Consolidated Balance Sheets. Similarly, where the creditors of the consolidated VIEs do not have recourse to the general credit of Nexstar, the related liabilities are presented separately as liabilities of the consolidated VIEs on the Condensed Consolidated Balance Sheets. Noncontrolling interest represents the owner’s share of the equity in one of Nexstar’s consolidated VIEs and is presented as a component separate from Nexstar Broadcasting Group, Inc. stockholders’ equity (deficit). 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. Certain stations owned by Citadel Communications, L.P. and its related entities (“Citadel”) were considered VIEs as of December 31, 2013. Nexstar completed the acquisition of these stations from Citadel during the first quarter of 2014 and they are no longer VIEs as of June 30, 2014.
	All intercompany account balances and transactions have been eliminated in consolidation.
Interim Financial Statements	'
	Interim Financial Statements
	The Condensed Consolidated Financial Statements as of June 30, 2014 and for the three and six months ended June 30, 2014 and 2013 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, 2013. The balance sheet as of December 31, 2013 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.
Variable Interest Entities	'
	Variable Interest Entities
	Nexstar 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 agreement 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.
Financial Instruments	'
	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	'
	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				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Weighted average shares outstanding - basic		30,641		29,604		30,622		29,533
	Effect of dilutive stock options		1,291		1,721		1,299		1,656
	Weighted average shares outstanding - diluted		31,932		31,325		31,921		31,189
	Stock options to purchase a weighted average of 762,000 shares and 691,000 shares of Class A common stock were excluded from the computation of diluted earnings per share for the three and six months ended June 30, 2014, respectively, because their impact would have been antidilutive. No stock options were excluded from the computation of dilutive earnings per share for the three and six months ended June 30, 2013.
Basis of Presentation	'
	Basis of Presentation
	Certain prior year financial statement amounts have been reclassified to conform to the current year presentation.
	The Company has also revised the previously reported condensed consolidated statement of cash flows for the six months ended June 30, 2013. Non-cash purchases of property and equipment of $2.5 million which occurred during the three months ended March 31, 2013 were erroneously included within purchases of property and equipment, requiring net cash used in investing activities to be decreased by $2.5 million for each of the three months ended March 31, 2013, the six months ended June 30, 2013 and the nine months ended September 30, 2013. Additionally, certain payments for capital lease obligations were erroneously included in operating activities, requiring net cash provided by financing activities to be decreased by $0.2 million for the three months ended March 31, 2013, $0.5 million for the six months ended June 30, 2013 and $0.7 million for the nine months ended September 30, 2013. The above adjustments result in a decrease in net cash provided by operating activities of $2.3 million for the three months ended March 31, 2013, $2.0 million for the six months ended June 30, 2013 and $1.8 million for the nine months ended September 30, 2013. The Company does not believe these misclassifications were material to the previously reported interim financial statements. There was no impact on the consolidated statement of cash flows for the year ended December 31, 2013.
	The above adjustments had no effect on net income or stockholders’ equity (deficit) as previously reported.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2014
Summary of Significant Accounting Policies [Abstract]	'
Weighted Average Shares Outstanding	'
	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				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Weighted average shares outstanding - basic		30,641		29,604		30,622		29,533
	Effect of dilutive stock options		1,291		1,721		1,299		1,656
	Weighted average shares outstanding - diluted		31,932		31,325		31,921		31,189

Acquisitions_Tables

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2014
Business Acquisition [Line Items]	'
Unaudited Pro forma Information	'
	The acquisitions of Citadel stations, Gray TV stations and ETG are immaterial, both individually and in aggregate. Therefore, pro forma information has not been provided for these acquisitions. The following unaudited pro forma information has been presented as if the acquisition of IBS had occurred on January 1, 2013 (in thousands):
		Three Months Ended					Six Months Ended
		June 30,					June 30,
		2014			2013		2014		2013
	Net revenue	$	146,930		$	131,306	$	286,213	$	248,166
	Income before income taxes		19,521			10,512		31,449		10,427
	Net income		11,012			5,926		18,087		5,822
	Net income per common share - basic		0.36			0.2		0.59		0.2
	Net income per common share - diluted		0.34			0.19		0.57		0.19
Citadel [Member]	'
Business Acquisition [Line Items]	'
Schedule of Assets and Liabilities of Consolidated VIE	'
	The fair values of the assets acquired and liabilities consolidated upon becoming a VIE are as follows (in thousands):
	Broadcast rights	$	269
	Prepaid expenses and other current assets		305
	Property and equipment		10,613
	FCC licenses		24,700
	Network affiliation agreements		26,129
	Other intangible assets		3,398
	Goodwill		30,195
	Other assets		1,807
	Total assets acquired		97,416
	Less:  Broadcast rights payable		(269	)
	Less:  Accounts payable and accrued expenses		(397	)
	Less:  Deferred tax liabilities		(8,801	)
	Net assets acquired	$	87,949
Internet Broadcasting Systems [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):
	Accounts receivable	$	631
	Prepaid expenses and other current assets		154
	Property and equipment		2,851
	Software and other intangible assets		10,853
	Goodwill		6,396
	Total assets acquired		20,885
	Less:  Accounts payable and accrued expenses		(1,119	)
	Less:  Deferred revenue		(976	)
	Net assets acquired	$	18,790
ETG [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):
	Cash	$	433
	Accounts receivable		210
	Prepaid expenses and other current assets		84
	Property and equipment		75
	Software and other intangible assets		5,452
	Goodwill		3,309
	Total assets acquired		9,563
	Less:  Accounts payable and accrued expenses		(368	)
	Less:  Deferred revenue		(219	)
	Less:  Deferred tax liabilities		(1,792	)
	Net assets acquired	$	7,184
Gray TV [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):
	Accounts receivable	$	1,831
	Broadcast rights		98
	Prepaid expenses and other current assets		74
	Property and equipment		12,513
	FCC licenses		5,950
	Network affiliation agreements		7,719
	Other intangible assets		1,878
	Goodwill		5,444
	Total assets acquired		35,507
	Less:  Broadcast rights payable		(98	)
	Less:  Accounts payable and accrued expenses		(361	)
	Net assets acquired	$	35,048
KFQX [Member]	'
Business Acquisition [Line Items]	'
Schedule of Assets and Liabilities of Consolidated VIE	'
	As discussed in Note 2, Nexstar is the primary beneficiary of the variable interests in KFQX and has consolidated this station into its Condensed Consolidated Financial Statements beginning June 13, 2014. Nexstar is in the process of determining the fair values of the net assets of the consolidated VIE and has recorded the following estimated beginning assets and liabilities of the station (in thousands):
	FCC licenses of a consolidated VIE	$	1,539
	Network affiliation agreements		1,744
	Other intangible assets		19
	Goodwill		698
	Total assets of a consolidated VIE		4,000
	Less:  Accounts payable and accrued expenses		(13	)
	Net assets of a consolidated VIE	$	3,987

Intangible_Assets_and_Goodwill1

Intangible Assets and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2014
Intangible Assets and Goodwill [Abstract]	'
Intangible Assets Subject to Amortization	'
	Intangible assets subject to amortization consisted of the following (in thousands):
		Estimated		30-Jun-14												31-Dec-13
		useful life,						Accumulated												Accumulated
		in years		Gross				Amortization					Net			Gross				Amortization			Net
	Network affiliation agreements	15		$	451,274			$	(300,868	)			$	150,406		$	441,811			$	(291,154	)	$	150,657
	Other definite-lived intangible assets	15-Jan			51,844				(24,169	)				27,675			33,642				(21,578	)		12,064
	Other intangible assets			$	503,118			$	(325,037	)			$	178,081		$	475,453			$	(312,732	)	$	162,721
Estimated Amortization Expense of Definite Lived Intangibles Assets	'
	The following table presents the Company’s estimate of amortization expense for the remainder of 2014, each of the five succeeding years ended December 31 and thereafter for definite-lived intangible assets as of June 30, 2014 (in thousands):
	Remainder of 2014	$	12,868
	2015		24,384
	2016		19,452
	2017		18,540
	2018		16,186
	2019		12,733
	Thereafter		73,918
		$	178,081
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, 2013	$	244,043			$	(45,991	)		$	198,052			$	338,441		$	(49,421	)		$	289,020
	Acquisitions (See Note 3):
	Citadel		(19	)			-				(19	)			-			-				-
	IBS		6,396				-				6,396				-			-				-
	ETG		3,309				-				3,309				-			-				-
	Gray TV		5,444				-				5,444				5,950			-				5,950
	Consolidation of a VIE (See Notes 2 and 3)		698				-				698				1,539			-				1,539
	Balance as of June 30, 2014	$	259,871			$	(45,991	)		$	213,880			$	345,930		$	(49,421	)		$	296,509

Accrued_Expenses_Tables

Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2014
Accrued Expenses [Abstract]	'
Accrued Expenses	'
	Accrued expenses consisted of the following (in thousands):
		June 30,		December 31,
		2014		2013
	Compensation and related taxes	$	16,300	$	9,744
	Sales commissions		2,429		2,556
	Employee benefits		1,875		1,354
	Property taxes		1,096		649
	Other		11,939		9,839
		$	33,639	$	24,142

Debt_Tables

Debt (Tables)	6 Months Ended
	Jun. 30, 2014
Debt [Abstract]	'
Long Term Debt	'
	Long-term debt consisted of the following (in thousands):
		June 30,			December 31,
		2014			2013
	Term loans, net of discount of $1,491 and $1,554, respectively	$	562,750		$	545,450
	6.875% Senior unsecured notes due 2020, including premium of $630 and $669, respectively		525,630			525,669
			1,088,380			1,071,119
	Less: current portion		(6,575	)		(6,857	)
		$	1,081,805		$	1,064,262
Fair Value of Debt	'
	The aggregate carrying amounts and estimated fair values of the Company’s debt were as follows (in thousands):
		30-Jun-14						31-Dec-13
		Carrying			Fair			Carrying		Fair
		Amount			Value			Amount		Value
	Term loans(1)	$	562,750		$	563,771		$	545,450	$	546,818
	6.875% Senior unsecured notes(2)		525,630			568,313			525,669		561,750
	________________________________
	-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)	6 Months Ended
	Jun. 30, 2014
Condensed Consolidating Financial Information [Abstract]	'
Schedule of Condensed Consolidating Balance Sheet	'
	The condensed consolidating statement of cash flows for the six months ended June 30, 2013 has been revised to reflect correction of certain classification errors discussed in Note 2.
	CONDENSED CONSOLIDATING BALANCE SHEET
	As of June 30, 2014
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	ASSETS
	Current assets:
	Cash and cash equivalents	$	-		$	29,391		$	2,722		$	-	$	-		$	32,113
	Due from Nexstar Broadcasting		-			-			5,436			-		(5,436	)		-
	Other current assets		-			141,975			15,552			-		-			157,527
	Total current assets		-			171,366			23,710			-		(5,436	)		189,640
	Investments in subsidiaries eliminated upon consolidation		72,616			-			-			87,858		(160,474	)		-
	Amounts due from subsidiary eliminated upon consolidation		652			-			-			-		(652	)		-
	Amounts due from parents eliminated upon consolidation		-			14,588			-			-		(14,588	)		-
	Property and equipment, net		-			193,736			25,419			-		-			219,155
	Goodwill		-			181,391			32,489			-		-			213,880
	FCC licenses		-			254,946			41,563			-		-			296,509
	Other intangible assets, net		-			155,526			22,555			-		-			178,081
	Other noncurrent assets		-			62,272			29,515			-		-			91,787
	Total assets	$	73,268		$	1,033,825		$	175,251		$	87,858	$	(181,150	)	$	1,189,052
	LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
	Current liabilities:
	Current portion of debt	$	-		$	4,738		$	1,837		$	-	$	-		$	6,575
	Due to Mission		-			5,436			-			-		(5,436	)		-
	Other current liabilities		-			61,272			5,353			-		-			66,625
	Total current liabilities		-			71,446			7,190			-		(5,436	)		73,200
	Debt		-			853,060			228,745			-		-			1,081,805
	Amounts due to subsidiary eliminated upon consolidation		-			-			-			15,240		(15,240	)		-
	Other noncurrent liabilities		(3	)		17,461			7,127			2		-			24,587
	Total liabilities		(3	)		941,967			243,062			15,242		(20,676	)		1,179,592
	Stockholders' equity (deficit):
	Common stock		309			-			-			-		-			309
	Other stockholders' equity (deficit)		72,962			91,858			(67,811	)		72,616		(160,474	)		9,151
	Total stockholders' equity (deficit)		73,271			91,858			(67,811	)		72,616		(160,474	)		9,460
	Total liabilities and stockholders' equity (deficit)	$	73,268		$	1,033,825		$	175,251		$	87,858	$	(181,150	)	$	1,189,052
	CONDENSED CONSOLIDATING BALANCE SHEET
	As of December 31, 2013
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	ASSETS
	Current assets:
	Cash and cash equivalents	$	-		$	36,312		$	3,716		$	-	$	-		$	40,028
	Due from Mission		-			3,847			-			-		(3,847	)		-
	Other current assets		-			146,298			14,840			-		-			161,138
	Total current assets		-			186,457			18,556			-		(3,847	)		201,166
	Investments in subsidiaries eliminated upon consolidation		61,100			-			-			76,342		(137,442	)		-
	Amounts due from subsidiary eliminated upon consolidation		259			-			-			-		(259	)		-
	Amounts due from parents eliminated upon consolidation		-			14,981			-			-		(14,981	)		-
	Property and equipment, net		-			185,499			26,760			-		-			212,259
	Goodwill		-			165,563			32,489			-		-			198,052
	FCC licenses		-			247,457			41,563			-		-			289,020
	Other intangible assets, net		-			138,683			24,038			-		-			162,721
	Other noncurrent assets		-			69,161			31,343			-		-			100,504
	Total assets	$	61,359		$	1,007,801		$	174,749		$	76,342	$	(156,529	)	$	1,163,722
	LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
	Current liabilities:
	Current portion of debt	$	-		$	4,523		$	2,334		$	-	$	-		$	6,857
	Due to Nexstar Broadcasting		-			-			3,847			-		(3,847	)		-
	Other current liabilities		-			72,115			4,950			-		-			77,065
	Total current liabilities		-			76,638			11,131			-		(3,847	)		83,922
	Debt		-			834,131			230,131			-		-			1,064,262
Amounts due to subsidiary eliminated upon consolidation		-			-			-			15,240		(15,240	)		-
Other noncurrent liabilities		(3	)		20,690			8,080			2		-			28,769
Total liabilities		(3	)		931,459			249,342			15,242		(19,087	)		1,176,953
Stockholders' equity (deficit):
Common stock		306			-			-			-		-			306
Other stockholders' equity (deficit)		61,056			76,342			(74,593	)		61,100		(137,442	)		(13,537	)
Total stockholders' equity (deficit)		61,362			76,342			(74,593	)		61,100		(137,442	)		(13,231	)
Total liabilities and
stockholders' equity (deficit)	$	61,359		$	1,007,801		$	174,749		$	76,342	$	(156,529	)	$	1,163,722
Schedule of Condensed Consolidating Statement of Operations	'
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended June 30, 2014
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	Net broadcast revenue (including trade and barter)	$	-		$	138,181		$	8,749		$	-	$	-		$	146,930
	Revenue between consolidated entities		-			2,445			9,808			-		(12,253	)		-
	Net revenue		-			140,626			18,557			-		(12,253	)		146,930
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization		-			41,001			4,256			-		-			45,257
	Selling, general, and administrative expenses, excluding depreciation and amortization		-			43,013			783			-		-			43,796
	Local service agreement fees between consolidated entities		-			9,808			2,445			-		(12,253	)		-
	Amortization of broadcast rights		-			6,879			1,401			-		-			8,280
	Amortization of intangible assets		-			5,402			710			-		-			6,112
	Depreciation		-			7,820			723			-		-			8,543
	Total operating expenses		-			113,923			10,318			-		(12,253	)		111,988
	Income from operations		-			26,703			8,239			-		-			34,942
	Interest expense, net		-			(12,816	)		(2,523	)		-		-			(15,339	)
	Loss on extinguishment of debt		-			(50	)		(21	)		-		-			(71	)
	Other expenses		-			(127	)		-			-		-			(127	)
	Equity in income of subsidiaries		7,466			-			-			7,466		(14,932	)		-
	Income before income taxes		7,466			13,710			5,695			7,466		(14,932	)		19,405
	Income tax expense		-			(6,244	)		(2,217	)		-		-			(8,461	)
	Net income	$	7,466		$	7,466		$	3,478		$	7,466	$	(14,932	)	$	10,944
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Three Months Ended June 30, 2013
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	Net broadcast revenue (including trade and barter)	$	-		$	119,002		$	7,209		$	-	$	-		$	126,211
	Revenue between consolidated entities		-			2,445			10,042			-		(12,487	)		-
	Net revenue		-			121,447			17,251			-		(12,487	)		126,211
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization		-			32,804			3,657			-		-			36,461
	Selling, general, and administrative expenses, excluding depreciation and amortization		-			36,801			764			-		-			37,565
	Local service agreement fees between consolidated entities		-			10,042			2,445			-		(12,487	)		-
	Amortization of broadcast rights		-			7,373			1,493			-		-			8,866
	Amortization of intangible assets		-			5,244			1,670			-		-			6,914
	Depreciation		-			7,260			953			-		-			8,213
	Total operating expenses		-			99,524			10,982			-		(12,487	)		98,019
	Income from operations		-			21,923			6,269			-		-			28,192
	Interest expense, net		-			(12,397	)		(4,506	)		-		-			(16,903	)
	Other expense		-			(84	)		-			-		-			(84	)
	Equity in income of subsidiaries		5,290			-			-			5,290		(10,580	)		-
	Income before income taxes		5,290			9,442			1,763			5,290		(10,580	)		11,205
	Income tax expense		-			(4,152	)		(686	)		-		-			(4,838	)
	Net income	$	5,290		$	5,290		$	1,077		$	5,290	$	(10,580	)	$	6,367
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
	Six Months Ended June 30, 2014
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	Net broadcast revenue (including trade and barter)	$	-		$	263,134		$	17,629		$	-	$	-		$	280,763
	Revenue between consolidated entities		-			4,890			19,456			-		(24,346	)		-
	Net revenue		-			268,024			37,085			-		(24,346	)		280,763
	Operating expenses:
	Direct operating expenses, excluding depreciation and amortization		-			78,484			8,622			-		-			87,106
	Selling, general, and administrative expenses, excluding depreciation and amortization		-			83,230			1,606			-		-			84,836
	Local service agreement fees between consolidated entities		-			19,456			4,890			-		(24,346	)		-
	Amortization of broadcast rights		-			14,021			2,891			-		-			16,912
	Amortization of intangible assets		-			10,822			1,483			-		-			12,305
	Depreciation		-			15,506			1,456			-		-			16,962
	Total operating expenses		-			221,519			20,948			-		(24,346	)		218,121
Income from operations		-			46,505			16,137			-		-			62,642
Interest expense, net		-			(25,493	)		(5,016	)		-		-			(30,509	)
Loss on extinguishment of debt		-			(50	)		(21	)		-		-			(71	)
Other expenses		-			(255	)		-			-		-			(255	)
Equity in income of subsidiaries		11,515			-			-			11,515		(23,030	)		-
Income before income taxes		11,515			20,707			11,100			11,515		(23,030	)		31,807
Income tax expense		-			(9,192	)		(4,318	)		-		-			(13,510	)
Net income	$	11,515		$	11,515		$	6,782		$	11,515	$	(23,030	)	$	18,297
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
Six Months Ended June 30, 2013
(in thousands)
				Nexstar						Nexstar					Consolidated
	Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
Net broadcast revenue (including trade and barter)	$	-		$	224,112		$	14,304		$	-	$	-		$	238,416
Revenue between consolidated entities		-			4,850			19,304			-		(24,154	)		-
Net revenue		-			228,962			33,608			-		(24,154	)		238,416
Operating expenses:
Direct operating expenses, excluding depreciation and amortization		-			63,560			7,005			-		-			70,565
Selling, general, and administrative expenses, excluding depreciation and amortization		-			71,504			1,561			-		-			73,065
Local service agreement fees between consolidated entities		-			19,304			4,850			-		(24,154	)		-
Amortization of broadcast rights		-			14,587			3,092			-		-			17,679
Amortization of intangible assets		-			11,168			3,736			-		-			14,904
Depreciation		-			14,272			1,921			-		-			16,193
Total operating expenses		-			194,395			22,165			-		(24,154	)		192,406
Income from operations		-			34,567			11,443			-		-			46,010
Interest expense, net		-			(24,469	)		(8,983	)		-		-			(33,452	)
Other expense		-			(168	)		-			-		-			(168	)
Equity in income of subsidiaries		5,572			-			-			5,572		(11,144	)		-
Income before income taxes		5,572			9,930			2,460			5,572		(11,144	)		12,390
Income tax expense		-			(4,358	)		(960	)		-		-			(5,318	)
Net income	$	5,572		$	5,572		$	1,500		$	5,572	$	(11,144	)	$	7,072
Schedule of Condensed Consolidating Cash Flow Statement	'
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Six Months Ended June 30, 2014
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	Cash flows from operating activities	$	-		$	69,056		$	4,364		$	-	$	-		$	73,420
	Cash flows from investing activities:
	Purchases of property and equipment		-			(8,950	)		(115	)		-		-			(9,065	)
	Deposits and payments for acquisitions		-			(82,098	)		(3,200	)		-		-			(85,298	)
	Other investing activities		-			33			-			-		-			33
	Net cash used in investing activities		-			(91,015	)		(3,315	)		-		-			(94,330	)
	Cash flows from financing activities:
	Proceeds from long-term debt		-			24,938			-			-		-			24,938
	Repayments of long-term debt		-			(5,849	)		(1,914	)		-		-			(7,763	)
	Common stock dividends paid		(9,180	)		-			-			-		-			(9,180	)
	Inter-company payments		7,896			(7,896	)		-			-		-			-
	Other financing activities		1,284			3,845			(129	)		-		-			5,000
	Net cash provided by (used in) financing activities		-			15,038			(2,043	)		-		-			12,995
	Net decrease in cash and cash equivalents		-			(6,921	)		(994	)		-		-			(7,915	)
	Cash and cash equivalents at beginning of period		-			36,312			3,716			-		-			40,028
	Cash and cash equivalents at end of period	$	-		$	29,391		$	2,722		$	-	$	-		$	32,113
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	Six Months Ended June 30, 2013
	(in thousands)
					Nexstar						Nexstar					Consolidated
		Nexstar			Broadcasting			Mission			Holdings		Eliminations			Company
	Cash flows from operating activities	$	-		$	13,331		$	(1,529	)	$	-	$	-		$	11,802
	Cash flows from investing activities:
	Purchases of property and equipment		-			(9,964	)		(48	)		-		-			(10,012	)
	Deposits and payments for acquisitions		-			(95,282	)		(59,338	)		-		-			(154,620	)
	Other investing activities		-			36			-			-		-			36
	Net cash used in investing activities		-			(105,210	)		(59,386	)		-		-			(164,596	)
	Cash flows from financing activities:
	Proceeds from long-term debt		-			103,875			65,000			-		-			168,875
	Repayments of long-term debt		-			(32,615	)		(260	)		-		-			(32,875	)
	Common stock dividends paid		(7,057	)		-			-			-		-			(7,057	)
	Purchase of treasury stock		(8,422	)		-			-			-		-			(8,422	)
	Inter-company payments		11,171			(11,171	)		-			-		-			-
	Other financing activities		4,308			7,441			(2,850	)		-		-			8,899
	Net cash provided by financing activities		-			67,530			61,890			-		-			129,420
	Net (decrease) increase in cash and cash equivalents		-			(24,349	)		975			-		-			(23,374	)
	Cash and cash equivalents at beginning of period		-			68,681			318			-		-			68,999
	Cash and cash equivalents at end of period	$	-		$	44,332		$	1,293		$	-	$	-		$	45,625

Organization_and_Business_Oper1

Organization and Business Operations (Details)	6 Months Ended
	Jun. 30, 2014
	Segment
Organization and Business Operations [Abstract]	'
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	80
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	20
Number of markets in various states	46
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	20
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
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
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	16
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
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	6
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
Number of digital multi-cast channels owned, operated, programmed or provided sales and other services to	1
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	3
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	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
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
Independent Third Parties [Member]	'
Television stations and digital multi channel by affiliates [Line Items]	'
Number of television stations owned or operated by independent third parties	22
Number of digital multicast channels owned or operated by independent third parties	5

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

3 Months Ended

6 Months Ended

9 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Mar. 31, 2013

Jun. 30, 2013

Sep. 30, 2013

Mar. 31, 2013

Jun. 30, 2013

Sep. 30, 2013

Mar. 31, 2013

Mar. 31, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Operating Activities [Member]

Operating Activities [Member]

Operating Activities [Member]

Investing Activities [Member]

Investing Activities [Member]

Investing Activities [Member]

Investing Activities [Member]

Financing Activities [Member]

Financing Activities [Member]

Financing Activities [Member]

Stock Options [Member]

Stock Options [Member]

Stock Options [Member]

Stock Options [Member]

Mission [Member]

Sinclair [Member]

Sinclair [Member]

Sinclair [Member]

Cunningham [Member]

Cunningham [Member]

KFQX [Member]

Property, Plant and Equipment [Member]

Variable Interest Entities [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Current assets excluding broadcasting rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$17,300,000

'

'

'

'

'

'

Broadcast rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,800,000

'

'

'

'

'

'

FCC licenses of consolidated variable interest entities

43,102,000

'

43,102,000

'

66,263,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

41,600,000

'

'

'

'

'

1,500,000

Goodwill

213,880,000

'

213,880,000

'

198,052,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

32,500,000

'

'

'

'

'

700,000

Other intangible assets, net

178,081,000

'

178,081,000

'

162,721,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

22,600,000

'

'

'

'

'

1,800,000

Property and equipment, net

219,155,000

'

219,155,000

'

212,259,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

25,400,000

'

'

'

'

'

'

Deferred tax assets

21,796,000

'

21,796,000

'

30,898,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

21,700,000

'

'

'

'

'

'

Other noncurrent assets

69,991,000

'

69,991,000

'

69,606,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,000,000

'

'

'

'

'

'

Payments made under outsourcing agreement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,300,000

2,400,000

'

300,000

600,000

'

Accounts payable for fees

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,800,000

300,000

300,000

'

Receivable for advertisements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,500,000

600,000

600,000

'

Noncontrolling interest

4,000,000

'

4,000,000

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,000,000

Earnings Per Share, Diluted, Other Disclosures [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average shares outstanding - basic (in shares)

30,641,000

29,604,000

30,622,000

29,533,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Effect of dilutive stock options (in shares)

1,291,000

1,721,000

1,299,000

1,656,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average shares outstanding - diluted (in shares)

31,932,000

31,325,000

31,921,000

31,189,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Options excluded from computation of diluted earnings per share (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

762,000

0

691,000

0

'

'

'

'

'

'

'

Error Corrections and Prior Period Adjustments Restatement [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Correction of an overstatement in purchases of property and equipment under investing activities in prior period cash flows

'

'

'

'

'

'

'

'

'

'

'

'The Company has also revised the previously reported condensed consolidated statement of cash flows for the six months ended June 30, 2013. Non-cash purchases of property and equipment of $2.5 million which occurred during the three months ended March 31, 2013 were erroneously included within purchases of property and equipment, requiring net cash used in investing activities to be decreased by $2.5 million for each of the three months ended March 31, 2013, the six months ended June 30, 2013 and the nine months ended September 30, 2013.

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Correction of an error resulting in immaterial misstatement of cash flows

'

'

'

'

'

$2,300,000

$2,000,000

$1,800,000

$2,500,000

$2,500,000

$2,500,000

$2,500,000

$200,000

$500,000

$700,000

'

'

'

'

'

'

'

'

'

'

'

Acquisitions_Details

Acquisitions (Details) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

2 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Mar. 31, 2014

Jun. 30, 2014

Jun. 30, 2014

15-May-14

Jun. 30, 2014

Jun. 30, 2014

Jun. 13, 2014

Mar. 13, 2014

Sep. 16, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Sep. 16, 2013

Dec. 31, 2013

Sep. 16, 2013

Apr. 24, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jul. 29, 2014

Sep. 13, 2013

Jun. 30, 2014

Jun. 30, 2014

Nov. 06, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 13, 2014

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Mission [Member]

Mission [Member]

Mission [Member]

Mission [Member]

Mission [Member]

Internet Broadcasting Systems [Member]

Internet Broadcasting Systems [Member]

Internet Broadcasting Systems [Member]

ETG [Member]

ETG [Member]

Gray TV [Member]

Gray TV [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

Citadel [Member]

CCA/White Knight [Member]

CCA/White Knight [Member]

CCA/White Knight [Member]

CCA/White Knight [Member]

CCA/White Knight [Member]

CCA/White Knight [Member]

Stainless [Member]

Stainless [Member]

Stainless [Member]

Grant [Member]

Grant [Member]

Grant [Member]

Grant [Member]

Gray TV Excalibur [Member]

KFQX [Member]

Market

TelevisionStation

KCAU and WHBF [Member]

KCAU and WHBF [Member]

WOI [Member]

WOI [Member]

Market

Nexstar [Member]

Marshall Broadcasting Group, Inc. [Member]

Bayou City Broadcasting Evansville, Inc. [Member]

TelevisionStation

Marshall Broadcasting Group, Inc. [Member]

Gray TV [Member]

Market

TelevisionStation

TelevisionStation

TelevisionStation

TelevisionStation

Market

TelevisionStation

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16-Sep-13

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

13-Jun-14

Number of television stations to be acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

19

'

'

13

'

'

'

'

'

7

'

'

'

3

'

Number of television stations to be sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

1

'

'

'

'

'

'

'

'

'

Number of television markets of stations to be acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

10

'

'

'

'

'

'

'

'

4

'

'

'

'

'

Purchase price of entities acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$18,800,000

'

'

$7,200,000

'

'

'

'

$87,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Purchase price of entities to be acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

270,000,000

'

'

'

'

'

15,300,000

'

'

87,500,000

'

'

'

'

4,000,000

Sales price of entities to be sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

43,300,000

18,600,000

'

'

'

'

'

'

15,300,000

'

'

Cash paid in business acquisition

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

34,500,000

22,000,000

'

'

'

44,900,000

'

21,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Decrease in goodwill recorded in acquisition

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-19,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

New television markets to be entered

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7

'

'

'

'

'

'

'

'

3

'

'

'

'

'

New television markets entered

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2

'

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unpaid working capital adjustment in accrued expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition related costs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100,000

'

'

'

'

'

'

'

100,000

'

'

'

'

'

0

100,000

'

'

'

'

100,000

400,000

'

0

0

'

'

'

One time employment charges

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

433,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accounts receivable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

631,000

'

'

210,000

'

'

1,831,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Broadcast rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

98,000

'

269,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Prepaid expenses and other current assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

154,000

'

'

84,000

'

'

74,000

'

305,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Property and equipment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,851,000

'

'

75,000

'

'

12,513,000

'

10,613,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other intangible assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,853,000

'

'

5,452,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FCC licenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

5,950,000

'

24,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,539,000

Network affiliation agreements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,719,000

'

26,129,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,744,000

Other intangible assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,878,000

'

3,398,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,000

Goodwill

213,880,000

'

213,880,000

'

198,052,000

0

'

0

'

0

32,489,000

'

32,489,000

'

32,489,000

6,396,000

'

'

3,309,000

'

'

5,444,000

'

30,195,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

698,000

Other assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,807,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total assets acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

20,885,000

'

'

9,563,000

'

'

35,507,000

'

97,416,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,000,000

Less: Broadcast rights payable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-98,000

'

-269,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less: Accounts payable and accrued expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,119,000

'

'

-368,000

'

'

-361,000

'

-397,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-13,000

Less: Deferred revenue

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-976,000

'

'

-219,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less: Deferred tax liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-1,792,000

'

'

'

'

-8,801,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net assets acquired

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

18,790,000

'

'

7,184,000

'

'

35,048,000

'

87,949,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,987,000

Unaudited Pro Forma Information [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net revenue

146,930,000

131,306,000

286,213,000

248,166,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Income before income taxes

19,521,000

10,512,000

31,449,000

10,427,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income

11,012,000

5,926,000

18,087,000

5,822,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

$0.36

$0.20

$0.59

$0.20

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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

$0.34

$0.19

$0.57

$0.19

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated useful life

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'15 years

'

'15 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'15 years

Weighted average estimated useful life of other intangible assets

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'5 years

'

'

'5 years

'

'

'1 year 6 months

'

'1 year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'11 months

Goodwill expected to be deductible for tax purposes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,396,000

'

'

'

'

'

5,444,000

'

'

'

'

'

10,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Indefinite lived intangible assets expected to be deductible for tax purposes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

14,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill not deductible for tax purposes until disposal

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,309,000

'

'

'

'

'

'

'

'

'

'

19,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Indefinite lived intangible assets not deductible for tax purposes until disposal

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Finite lived intangible assets not deductible for tax purposes until disposal

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

11,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenue included in consolidated statement of operations

146,930,000

126,211,000

280,763,000

238,416,000

'

0

0

0

0

'

18,557,000

17,251,000

37,085,000

33,608,000

'

'

5,300,000

'

'

500,000

500,000

'

'

'

6,000,000

11,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net income from operations included in consolidated statement of operations

10,944,000

6,367,000

18,297,000

7,072,000

'

7,466,000

5,290,000

11,515,000

5,572,000

'

3,478,000

1,077,000

6,782,000

1,500,000

'

'

-800,000

'

'

-100,000

100,000

'

'

'

900,000

1,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1-Apr-14

'

'

15-May-14

'

'

13-Jun-14

13-Mar-14

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

New market duopolies to be operated

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4

'

'

'

'

'

'

'

'

2

'

'

'

'

'

Deposit paid upon signing an agreement to acquire a business

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$27,000,000

'

'

'

'

'

$200,000

'

'

$8,500,000

'

'

'

'

$3,200,000

Intangible_Assets_and_Goodwill2

Intangible Assets and Goodwill (Details) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Sep. 16, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

In Thousands, unless otherwise specified

Citadel [Member]

Citadel [Member]

IBS [Member]

ETG [Member]

Gray TV [Member]

Consolidation of a VIE [Member]

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]

Other definite-lived intangible assets [Member]

Other definite-lived intangible assets [Member]

Pre Amendment [Member]

Pre Amendment [Member]

Amended [Member]

Amended [Member]

Finite-Lived Intangible Assets [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated useful life, in years

'

'

'15 years

'

'

'

'

'

'15 years

'15 years

'15 years

'

'

'1 year

'1 year

'15 years

'15 years

Gross

$503,118

$475,453

'

'

'

'

'

'

$451,274

$451,274

$441,811

$51,844

$33,642

'

'

'

'

Accumulated Amortization

-325,037

-312,732

'

'

'

'

'

'

-300,868

-300,868

-291,154

-24,169

-21,578

'

'

'

'

Net

178,081

162,721

'

'

'

'

'

'

150,406

150,406

150,657

27,675

12,064

'

'

'

'

Estimated amortization expense of definite lived intangibles assets [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Remainder of 2014

12,868

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2015

24,384

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2016

19,452

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2017

18,540

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2018

16,186

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2019

12,733

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Thereafter

73,918

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net

178,081

162,721

'

'

'

'

'

'

150,406

150,406

150,657

27,675

12,064

'

'

'

'

Goodwill [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill, Gross

259,871

244,043

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill, Accumulated Impairment

-45,991

-45,991

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill, Net

213,880

198,052

30,195

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Goodwill Acquisitions Gross

'

'

'

-19

6,396

3,309

5,444

698

'

'

'

'

'

'

'

'

'

Goodwill Acquisitions Accumulated Impairment

'

'

'

0

0

0

0

0

'

'

'

'

'

'

'

'

'

Goodwill Acquisitions, Net

'

'

'

-19

6,396

3,309

5,444

698

'

'

'

'

'

'

'

'

'

FCC Licenses [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FCC Licenses, Gross

345,930

338,441

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FCC Licenses, Accumulated Impairment

-49,421

-49,421

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FCC Licenses, Net

296,509

289,020

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

FCC Licenses Acquisitions, Gross

'

'

'

0

0

0

5,950

1,539

'

'

'

'

'

'

'

'

'

FCC Licenses Acquisitions, Impairment

'

'

'

0

0

0

0

0

'

'

'

'

'

'

'

'

'

FCC Licenses Acquisitions, Net

'

'

'

$0

$0

$0

$5,950

$1,539

'

'

'

'

'

'

'

'

'

Accrued_Expenses_Details

Accrued Expenses (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accrued Expenses [Abstract]	'	'
Compensation and related taxes	$16,300	$9,744
Sales commissions	2,429	2,556
Employee benefits	1,875	1,354
Property taxes	1,096	649
Other	11,939	9,839
Accrued expenses	$33,639	$24,142

Debt_Details

Debt (Details) (USD $)

6 Months Ended

6 Months Ended

6 Months Ended

6 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

5-May-14

Mar. 10, 2014

Apr. 30, 2014

Dec. 31, 2013

Apr. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Mar. 10, 2014

Mar. 10, 2014

Carrying Amount [Member]

Carrying Amount [Member]

Fair Value [Member]

Fair Value [Member]

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Mission [Member]

Mission [Member]

Mission [Member]

Term A Loan [Member]

Term A Loan [Member]

Term A Loan [Member]

Term A Loan [Member]

Term A Loan [Member]

Term A Loan [Member]

Term A Loan [Member]

Revolving credit facility [Member]

6.875% Sr. Unsecured Notes due 2020 [Member]

6.875% Sr. Unsecured Notes due 2020 [Member]

Term Loans [Member]

Term Loans [Member]

Term Loan B-2 [Member]

Term Loan B-2 [Member]

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Nexstar [Member]

Mission [Member]

Mission [Member]

Nexstar [Member]

Mission [Member]

Amended [Member]

Pre Amendment [Member]

Amended [Member]

Pre Amendment [Member]

Long term Debt [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt

$1,088,380,000

'

$1,071,119,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$525,630,000

$525,669,000

$562,750,000

$545,450,000

'

'

Less: current portion

-6,575,000

'

-6,857,000

'

'

'

'

0

'

0

-1,837,000

'

-2,334,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt, noncurrent

1,081,805,000

'

1,064,262,000

'

'

'

'

0

'

0

228,745,000

'

230,131,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt discount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,491,000

1,554,000

'

'

Debt premium

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

630,000

669,000

'

'

'

'

Interest rate (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.88%

6.88%

'

'

'

'

Percentage of par value (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

99.75%

'

'

'

'

'

'

'

'

'

'

'

'

'

2014 Transactions [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payment of contractual maturities under senior secured credit facilities

'

'

'

'

'

'

'

1,000,000

'

'

900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Term loan commitments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

159,000,000

144,000,000

90,000,000

60,000,000

'

'

'

'

'

'

'

Commitment fees (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.00%

0.50%

1.00%

0.50%

'

'

'

'

'

'

'

Proceeds from Issuance of Long-term Debt

24,938,000

168,875,000

'

'

'

'

'

0

0

'

0

65,000,000

'

25,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Prepayment of outstanding principal balance

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,200,000

500,000

'

'

'

'

'

'

'

'

'

1,100,000

1,000,000

Unused commitments and Borrowings Availability [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Available borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

147,200,000

'

'

'

'

'

'

105,000,000

'

'

'

'

'

'

Debt Covenants [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum consolidated total net leverage ratio

'7.25 to 1.00

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum consolidated first lien net leverage ratio

'4.0 to 1.00

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Minimum consolidated fixed charge coverage ratio

'1.20 to 1.00

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair Value of debt [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Term loans

'

'

'

562,750,000

[1]

545,450,000

[1]

563,771,000

[1]

546,818,000

[1]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.875% Senior unsecured notes

'

'

'

$525,630,000

[2]

$525,669,000

[2]

$568,313,000

[2]

$561,750,000

[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.

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (Guarantee of Mission Debt [Member], USD $)	Jun. 30, 2014
In Millions, unless otherwise specified
Guarantee of Mission Debt [Member]	'
Guarantees of Mission Debt [Abstract]	'
Maximum commitment under senior secured credit facility	$321
Commitment under senior secured credit facility at carrying value	$231

Condensed_Consolidating_Financ2

Condensed Consolidating Financial Information (Details) (Senior note 6.875% due 2020 [Member])	Jun. 30, 2014
Senior note 6.875% due 2020 [Member]	'
Condensed Financial Statements, Captions [Line Items]	'
Interest rate (in hundredths)	6.88%

Condensed_Consolidating_Financ3

Condensed Consolidating Financial Information, Condensed Consolidated Balance Sheets (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	$32,113	$40,028	$45,625	$68,999
Due from related parties, current	0	0	'	'
Other current assets	157,527	161,138	'	'
Total current assets	189,640	201,166	'	'
Investments in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	0	0	'	'
Property and equipment, net	219,155	212,259	'	'
Goodwill	213,880	198,052	'	'
FCC licenses	296,509	289,020	'	'
Other intangible assets, net	178,081	162,721	'	'
Other noncurrent assets	91,787	100,504	'	'
Total assets	1,189,052	1,163,722	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	6,575	6,857	'	'
Due to related parties, current	0	0	'	'
Other current liabilities	66,625	77,065	'	'
Total current liabilities	73,200	83,922	'	'
Debt	1,081,805	1,064,262	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	24,587	28,769	'	'
Total liabilities	1,179,592	1,176,953	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	309	306	'	'
Other stockholder equity (deficit)	9,151	-13,537	'	'
Total stockholders' equity (deficit)	9,460	-13,231	'	'
Total liabilities and stockholders' equity (deficit)	1,189,052	1,163,722	'	'
Nexstar [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	0
Due from related parties, current	0	0	'	'
Other current assets	0	0	'	'
Total current assets	0	0	'	'
Investments in subsidiaries eliminated upon consolidation	72,616	61,100	'	'
Amounts due from subsidiary eliminated upon consolidation	652	259	'	'
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	73,268	61,359	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties, current	0	0	'	'
Other current liabilities	0	0	'	'
Total current liabilities	0	0	'	'
Debt	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	-3	-3	'	'
Total liabilities	-3	-3	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	309	306	'	'
Other stockholder equity (deficit)	72,962	61,056	'	'
Total stockholders' equity (deficit)	73,271	61,362	'	'
Total liabilities and stockholders' equity (deficit)	73,268	61,359	'	'
Nexstar Broadcasting [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	29,391	36,312	44,332	68,681
Due from related parties, current	0	3,847	'	'
Other current assets	141,975	146,298	'	'
Total current assets	171,366	186,457	'	'
Investments in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	14,588	14,981	'	'
Property and equipment, net	193,736	185,499	'	'
Goodwill	181,391	165,563	'	'
FCC licenses	254,946	247,457	'	'
Other intangible assets, net	155,526	138,683	'	'
Other noncurrent assets	62,272	69,161	'	'
Total assets	1,033,825	1,007,801	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	4,738	4,523	'	'
Due to related parties, current	5,436	0	'	'
Other current liabilities	61,272	72,115	'	'
Total current liabilities	71,446	76,638	'	'
Debt	853,060	834,131	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	17,461	20,690	'	'
Total liabilities	941,967	931,459	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder equity (deficit)	91,858	76,342	'	'
Total stockholders' equity (deficit)	91,858	76,342	'	'
Total liabilities and stockholders' equity (deficit)	1,033,825	1,007,801	'	'
Mission [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	2,722	3,716	1,293	318
Due from related parties, current	5,436	0	'	'
Other current assets	15,552	14,840	'	'
Total current assets	23,710	18,556	'	'
Investments in subsidiaries eliminated upon consolidation	0	0	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
Amounts due from parents eliminated upon consolidation	0	0	'	'
Property and equipment, net	25,419	26,760	'	'
Goodwill	32,489	32,489	'	'
FCC licenses	41,563	41,563	'	'
Other intangible assets, net	22,555	24,038	'	'
Other noncurrent assets	29,515	31,343	'	'
Total assets	175,251	174,749	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	1,837	2,334	'	'
Due to related parties, current	0	3,847	'	'
Other current liabilities	5,353	4,950	'	'
Total current liabilities	7,190	11,131	'	'
Debt	228,745	230,131	'	'
Amounts due to subsidiary eliminated upon consolidation	0	0	'	'
Other noncurrent liabilities	7,127	8,080	'	'
Total liabilities	243,062	249,342	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder equity (deficit)	-67,811	-74,593	'	'
Total stockholders' equity (deficit)	-67,811	-74,593	'	'
Total liabilities and stockholders' equity (deficit)	175,251	174,749	'	'
Nexstar Holdings [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	0
Due from related parties, current	0	0	'	'
Other current assets	0	0	'	'
Total current assets	0	0	'	'
Investments in subsidiaries eliminated upon consolidation	87,858	76,342	'	'
Amounts due from subsidiary eliminated upon consolidation	0	0	'	'
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	87,858	76,342	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties, current	0	0	'	'
Other current liabilities	0	0	'	'
Total current liabilities	0	0	'	'
Debt	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	15,240	15,240	'	'
Other noncurrent liabilities	2	2	'	'
Total liabilities	15,242	15,242	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder equity (deficit)	72,616	61,100	'	'
Total stockholders' equity (deficit)	72,616	61,100	'	'
Total liabilities and stockholders' equity (deficit)	87,858	76,342	'	'
Eliminations [Member]	'	'	'	'
Current assets [Abstract]	'	'	'	'
Cash and cash equivalents	0	0	0	0
Due from related parties, current	-5,436	-3,847	'	'
Other current assets	0	0	'	'
Total current assets	-5,436	-3,847	'	'
Investments in subsidiaries eliminated upon consolidation	-160,474	-137,442	'	'
Amounts due from subsidiary eliminated upon consolidation	-652	-259	'	'
Amounts due from parents eliminated upon consolidation	-14,588	-14,981	'	'
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	-181,150	-156,529	'	'
Current liabilities [Abstract]	'	'	'	'
Current portion of debt	0	0	'	'
Due to related parties, current	-5,436	-3,847	'	'
Other current liabilities	0	0	'	'
Total current liabilities	-5,436	-3,847	'	'
Debt	0	0	'	'
Amounts due to subsidiary eliminated upon consolidation	-15,240	-15,240	'	'
Other noncurrent liabilities	0	0	'	'
Total liabilities	-20,676	-19,087	'	'
Stockholders' equity (deficit) [Abstract]	'	'	'	'
Common stock	0	0	'	'
Other stockholder equity (deficit)	-160,474	-137,442	'	'
Total stockholders' equity (deficit)	-160,474	-137,442	'	'
Total liabilities and stockholders' equity (deficit)	($181,150)	($156,529)	'	'

Condensed_Consolidating_Financ4

Condensed Consolidating Financial Information, Condensed Consolidated Statements of Operations (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	$146,930	$126,211	$280,763	$238,416
Revenue between consolidated entities	0	0	0	0
Net revenue	146,930	126,211	280,763	238,416
Operating expenses [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	45,257	36,461	87,106	70,565
Selling, general, and administrative expenses, excluding depreciation and amortization	43,796	37,565	84,836	73,065
Local service agreement fees between consolidated entities	0	0	0	0
Amortization of broadcast rights	8,280	8,866	16,912	17,679
Amortization of intangible assets	6,112	6,914	12,305	14,904
Depreciation	8,543	8,213	16,962	16,193
Total operating expenses	111,988	98,019	218,121	192,406
Income from operations	34,942	28,192	62,642	46,010
Interest expense, net	-15,339	-16,903	-30,509	-33,452
Loss on extinguishment of debt	-71	0	-71	0
Other expenses	-127	-84	-255	-168
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	19,405	11,205	31,807	12,390
Income tax expense	-8,461	-4,838	-13,510	-5,318
Net income	10,944	6,367	18,297	7,072
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 [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
Loss on extinguishment of debt	0	'	0	'
Other expenses	0	0	0	0
Equity in income of subsidiaries	7,466	5,290	11,515	5,572
Income before income taxes	7,466	5,290	11,515	5,572
Income tax expense	0	0	0	0
Net income	7,466	5,290	11,515	5,572
Nexstar Broadcasting [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	138,181	119,002	263,134	224,112
Revenue between consolidated entities	2,445	2,445	4,890	4,850
Net revenue	140,626	121,447	268,024	228,962
Operating expenses [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	41,001	32,804	78,484	63,560
Selling, general, and administrative expenses, excluding depreciation and amortization	43,013	36,801	83,230	71,504
Local service agreement fees between consolidated entities	9,808	10,042	19,456	19,304
Amortization of broadcast rights	6,879	7,373	14,021	14,587
Amortization of intangible assets	5,402	5,244	10,822	11,168
Depreciation	7,820	7,260	15,506	14,272
Total operating expenses	113,923	99,524	221,519	194,395
Income from operations	26,703	21,923	46,505	34,567
Interest expense, net	-12,816	-12,397	-25,493	-24,469
Loss on extinguishment of debt	-50	'	-50	'
Other expenses	-127	-84	-255	-168
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	13,710	9,442	20,707	9,930
Income tax expense	-6,244	-4,152	-9,192	-4,358
Net income	7,466	5,290	11,515	5,572
Mission [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	8,749	7,209	17,629	14,304
Revenue between consolidated entities	9,808	10,042	19,456	19,304
Net revenue	18,557	17,251	37,085	33,608
Operating expenses [Abstract]	'	'	'	'
Direct operating expenses, excluding depreciation and amortization	4,256	3,657	8,622	7,005
Selling, general, and administrative expenses, excluding depreciation and amortization	783	764	1,606	1,561
Local service agreement fees between consolidated entities	2,445	2,445	4,890	4,850
Amortization of broadcast rights	1,401	1,493	2,891	3,092
Amortization of intangible assets	710	1,670	1,483	3,736
Depreciation	723	953	1,456	1,921
Total operating expenses	10,318	10,982	20,948	22,165
Income from operations	8,239	6,269	16,137	11,443
Interest expense, net	-2,523	-4,506	-5,016	-8,983
Loss on extinguishment of debt	-21	'	-21	'
Other expenses	0	0	0	0
Equity in income of subsidiaries	0	0	0	0
Income before income taxes	5,695	1,763	11,100	2,460
Income tax expense	-2,217	-686	-4,318	-960
Net income	3,478	1,077	6,782	1,500
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 [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
Loss on extinguishment of debt	0	'	0	'
Other expenses	0	0	0	0
Equity in income of subsidiaries	7,466	5,290	11,515	5,572
Income before income taxes	7,466	5,290	11,515	5,572
Income tax expense	0	0	0	0
Net income	7,466	5,290	11,515	5,572
Eliminations [Member]	'	'	'	'
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]	'	'	'	'
Net broadcast revenue (including trade and barter)	0	0	0	0
Revenue between consolidated entities	-12,253	-12,487	-24,346	-24,154
Net revenue	-12,253	-12,487	-24,346	-24,154
Operating expenses [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	-12,253	-12,487	-24,346	-24,154
Amortization of broadcast rights	0	0	0	0
Amortization of intangible assets	0	0	0	0
Depreciation	0	0	0	0
Total operating expenses	-12,253	-12,487	-24,346	-24,154
Income from operations	0	0	0	0
Interest expense, net	0	0	0	0
Loss on extinguishment of debt	0	'	0	'
Other expenses	0	0	0	0
Equity in income of subsidiaries	-14,932	-10,580	-23,030	-11,144
Income before income taxes	-14,932	-10,580	-23,030	-11,144
Income tax expense	0	0	0	0
Net income	($14,932)	($10,580)	($23,030)	($11,144)

Condensed_Consolidating_Financ5

Condensed Consolidating Financial Information, Condensed Consolidating Statement of Cash Flows (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	$73,420	$11,802
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-9,065	-10,012
Deposits and payments for acquisitions, net of cash acquired	-85,298	-154,620
Other investing activities	33	36
Net cash used in investing activities	-94,330	-164,596
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	24,938	168,875
Repayments of long-term debt	-7,763	-32,875
Common stock dividends paid	-9,180	-7,057
Purchase of treasury stock	'	-8,422
Inter-company payments	0	0
Other financing activities	5,000	8,899
Net cash provided by financing activities	12,995	129,420
Net increase (decrease) in cash and cash equivalents	-7,915	-23,374
Cash and cash equivalents at beginning of period	40,028	68,999
Cash and cash equivalents at end of period	32,113	45,625
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, net of cash acquired	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	0	0
Common stock dividends paid	-9,180	-7,057
Purchase of treasury stock	'	-8,422
Inter-company payments	7,896	11,171
Other financing activities	1,284	4,308
Net cash provided by 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 [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	69,056	13,331
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-8,950	-9,964
Deposits and payments for acquisitions, net of cash acquired	-82,098	-95,282
Other investing activities	33	36
Net cash used in investing activities	-91,015	-105,210
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	24,938	103,875
Repayments of long-term debt	-5,849	-32,615
Common stock dividends paid	0	0
Purchase of treasury stock	'	0
Inter-company payments	-7,896	-11,171
Other financing activities	3,845	7,441
Net cash provided by financing activities	15,038	67,530
Net increase (decrease) in cash and cash equivalents	-6,921	-24,349
Cash and cash equivalents at beginning of period	36,312	68,681
Cash and cash equivalents at end of period	29,391	44,332
Mission [Member]	'	'
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]	'	'
Cash flows from operating activities	4,364	-1,529
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	-115	-48
Deposits and payments for acquisitions, net of cash acquired	-3,200	-59,338
Other investing activities	0	0
Net cash used in investing activities	-3,315	-59,386
Cash flows from financing activities [Abstract]	'	'
Proceeds from long-term debt	0	65,000
Repayments of long-term debt	-1,914	-260
Common stock dividends paid	0	0
Purchase of treasury stock	'	0
Inter-company payments	0	0
Other financing activities	-129	-2,850
Net cash provided by financing activities	-2,043	61,890
Net increase (decrease) in cash and cash equivalents	-994	975
Cash and cash equivalents at beginning of period	3,716	318
Cash and cash equivalents at end of period	2,722	1,293
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, net of cash acquired	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	0	0
Common stock dividends paid	0	0
Purchase of treasury stock	'	0
Inter-company payments	0	0
Other financing activities	0	0
Net cash provided by 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	0	0
Cash flows from investing activities [Abstract]	'	'
Purchases of property and equipment	0	0
Deposits and payments for acquisitions, net of cash acquired	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	0	0
Common stock dividends paid	0	0
Purchase of treasury stock	'	0
Inter-company payments	0	0
Other financing activities	0	0
Net cash provided by 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		6 Months Ended		0 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jul. 25, 2014
					Subsequent Events [Member]
Subsequent Event [Line Items]	'	'	'	'	'
Quarterly dividend declared (in dollars per share)	$0.15	$0.12	$0.30	$0.24	$0.15
Dividends, date declared	'	'	'	'	25-Jul-14
Dividends, date payable	'	'	'	'	29-Aug-14
Dividends, date of record	'	'	'	'	15-Aug-14