Sinclair Broadcast (SBGI) 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	Jul. 31, 2014	Jul. 31, 2014
		Class A Common Stock	Class B Common Stock
Entity Listings	'	'	'
Entity Registrant Name	'SINCLAIR BROADCAST GROUP INC	'	'
Entity Central Index Key	'0000912752	'	'
Document Type	'10-Q	'	'
Document Period End Date	30-Jun-14	'	'
Amendment Flag	'false	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Large Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	71,468,888	25,978,357
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q2	'	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents	$395,546	$280,104
Accounts receivable, net of allowance for doubtful accounts of $3,208 and $3,379, respectively	300,272	308,974
Affiliate receivable	224	182
Current portion of program contract costs	35,085	74,324
Prepaid expenses and other current assets	25,186	30,599
Deferred barter costs	6,692	3,688
Total current assets	763,005	697,871
PROGRAM CONTRACT COSTS, less current portion	17,630	24,708
PROPERTY AND EQUIPMENT, net	636,112	596,071
RESTRICTED CASH	12,430	11,747
GOODWILL	1,341,998	1,380,082
BROADCAST LICENSES	120,948	101,029
DEFINITE-LIVED INTANGIBLE ASSETS, net	1,081,518	1,127,755
OTHER ASSETS	208,321	208,209
Total assets	4,181,962	4,147,472
CURRENT LIABILITIES:	'	'
Accounts payable	9,751	13,989
Accrued liabilities	187,612	182,185
Income taxes payable	19,499	2,504
Current portion of notes payable, capital leases and commercial bank financing	56,034	46,346
Current portion of notes and capital leases payable to affiliates	2,569	2,367
Current portion of program contracts payable	50,493	90,933
Deferred barter revenues	6,246	3,319
Deferred tax liabilities	4,480	1,738
Total current liabilities	336,684	343,381
LONG-TERM LIABILITIES:	'	'
Notes payable, capital leases and commercial bank financing, less current portion	3,038,768	2,966,402
Notes payable and capital leases to affiliates, less current portion	17,606	18,925
Program contracts payable, less current portion	28,217	34,681
Deferred tax liabilities	321,945	311,041
Other long-term liabilities	68,569	67,338
Total liabilities	3,811,789	3,741,768
COMMITMENTS AND CONTINGENCIES (See Note 3)	'	'
SINCLAIR BROADCAST GROUP SHAREHOLDERS' EQUITY:	'	'
Additional paid-in capital	1,021,460	1,094,918
Accumulated deficit	-657,787	-696,996
Accumulated other comprehensive loss	-1,869	-2,553
Total Sinclair Broadcast Group shareholders' equity	362,778	396,370
Noncontrolling interests	7,395	9,334
Total equity	370,173	405,704
Total liabilities and equity	4,181,962	4,147,472
Class A Common Stock	'	'
SINCLAIR BROADCAST GROUP SHAREHOLDERS' EQUITY:	'	'
Common Stock	714	714
Class B Common Stock	'	'
SINCLAIR BROADCAST GROUP SHAREHOLDERS' EQUITY:	'	'
Common Stock	$260	$260

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
Accounts receivable, allowance for doubtful accounts (in dollars)	$3,208,000	$3,379,000
Total assets of variable interest entities (in dollars)	193,100,000	194,100,000
Total liabilities of variable interest entities (in dollars)	$24,000,000	$31,600,000
Class A Common Stock	'	'
Common Stock, par value (in dollars per share)	$0.01	$0.01
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, shares issued	71,390,645	74,145,569
Common Stock, shares outstanding	71,390,645	74,145,569
Class B Common Stock	'	'
Common Stock, par value (in dollars per share)	$0.01	$0.01
Common Stock, shares authorized	140,000,000	140,000,000
Common Stock, shares issued	26,028,357	26,028,357
Common Stock, shares outstanding	26,028,357	26,028,357

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (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
REVENUES:	'	'	'	'
Station broadcast revenues, net of agency commissions	$404,151	$279,270	$778,032	$532,195
Revenues realized from station barter arrangements	33,336	22,047	57,361	40,277
Other operating divisions revenues	17,649	12,837	32,391	24,300
Total revenues	455,136	314,154	867,784	596,772
OPERATING EXPENSES:	'	'	'	'
Station production expenses	134,303	85,694	261,342	166,127
Station selling, general and administrative expenses	82,595	53,297	164,520	105,235
Expenses recognized from station barter arrangements	29,528	19,382	51,005	35,396
Amortization of program contract costs and net realizable value adjustments	23,574	18,656	47,515	37,517
Other operating divisions expenses	14,453	10,736	26,778	20,605
Depreciation of property and equipment	25,252	15,105	49,630	29,700
Corporate general and administrative expenses	17,403	11,447	33,238	22,697
Amortization of definite-lived intangible and other assets	24,989	15,557	49,717	31,559
Total operating expenses	352,097	229,874	683,745	448,836
Operating income	103,039	84,280	184,039	147,936
OTHER INCOME (EXPENSE):	'	'	'	'
Interest expense and amortization of debt discount and deferred financing costs	-40,121	-45,465	-79,659	-83,162
Loss from extinguishment of debt	'	-16,283	'	-16,283
Income (loss) from equity and cost method investments	742	-404	840	-1,456
Other income, net	1,015	482	1,932	939
Total other expense	-38,364	-61,670	-76,887	-99,962
Income from continuing operations before income taxes	64,675	22,610	107,152	47,974
INCOME TAX PROVISION	-23,074	-9,654	-37,894	-18,503
Income from continuing operations	41,601	12,956	69,258	29,471
DISCONTINUED OPERATIONS:	'	'	'	'
Income from discontinued operations, includes income tax benefit (provision) of $0, $4,973, $0 and $4,682, respectively	'	5,103	'	5,458
NET INCOME	41,601	18,059	69,258	34,929
Net income attributable to the noncontrolling interests	-266	-233	-765	-106
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	41,335	17,826	68,493	34,823
Dividends declared per share (in dollars per share)	$0.15	$0.15	$0.30	$0.30
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP:	'	'	'	'
Basic earnings per share from continuing operations (in dollars per share)	$0.43	$0.14	$0.70	$0.34
Basic earnings per share from discontinued operations (in dollars per share)	'	$0.06	'	$0.06
Basic earnings per share (in dollars per share)	$0.43	$0.19	$0.70	$0.40
Diluted earnings per share from continuing operations (in dollars per share)	$0.42	$0.14	$0.69	$0.34
Diluted earnings per share from discontinued operations (in dollars per share)	'	$0.05	'	$0.06
Diluted earnings per share (in dollars per share)	$0.42	$0.19	$0.69	$0.40
Weighted average common shares outstanding (in shares)	97,174	92,083	97,994	86,667
Weighted average common and common equivalent shares outstanding (in shares)	97,864	93,604	98,678	87,844
AMOUNTS ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP COMMON SHAREHOLDERS:	'	'	'	'
Income from continuing operations, net of tax	41,335	12,723	68,493	29,365
Income from discontinued operations, net of tax	'	5,103	'	5,458
Net income	$41,335	$17,826	$68,493	$34,823

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF OPERATIONS	'	'	'	'
Income from discontinued operations, income tax provision (benefit)	$0	$4,973	$0	$4,682

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME	'	'	'	'
Net income	$41,601	$18,059	$69,258	$34,929
Amortization of net periodic pension benefit costs, net of taxes	167	-39	80	-78
Unrealized gain on investments, net of taxes	479	'	604	'
Comprehensive income	42,247	18,020	69,942	34,851
Comprehensive (income) attributable to the noncontrolling interests	-266	-233	-765	-106
Comprehensive income attributable to Sinclair Broadcast Group	$41,981	$17,787	$69,177	$34,745

CONSOLIDATED_STATEMENT_OF_EQUI

CONSOLIDATED STATEMENT OF EQUITY (USD $)	Total	Additional Paid-In Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Noncontrolling Interests	Class A Common Stock	Class A Common Stock	Class B Common Stock	Class B Common Stock
In Thousands, except Share data, unless otherwise specified	USD ($)	USD ($)	USD ($)	USD ($)	USD ($)		Common Stock		Common Stock
							USD ($)		USD ($)
BALANCE at Dec. 31, 2012	($100,053)	$600,928	($713,697)	($4,993)	$16,897	'	$523	'	$289
BALANCE (in shares) at Dec. 31, 2012	'	'	'	'	'	'	52,332,012	'	28,933,859
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'	'
Dividends declared and paid on Class A and Class B Common Stock	-26,972	'	-26,972	'	'	'	'	'	'
Issuance of common stock, net of issuance costs	472,400	472,220	'	'	'	'	180	'	'
Issuance of common stock, net of issuance costs (in shares)	'	'	'	'	'	'	18,000,000	'	'
Class B Common Stock converted into Class A Common Stock	'	'	'	'	'	'	27	'	-27
Class B Common Stock converted into Class A Common Stock (in shares)	'	'	'	'	'	'	2,670,600	'	2,670,600
Class A Common Stock issued pursuant to employee benefit plans	8,017	8,012	'	'	'	'	5	'	'
Class A Common Stock issued pursuant to employee benefit plans (in shares)	'	'	'	'	'	'	538,828	'	'
Tax benefit on share based awards	471	471	'	'	'	'	'	'	'
Distributions to noncontrolling interests	-9,714	'	'	'	-9,714	'	'	'	'
Class A Common Stock sold by variable interest entity, net of taxes	7,008	7,008	'	'	'	'	'	'	'
Amortization of net periodic pension benefit costs, net of taxes	-78	'	'	-78	'	'	'	'	'
Net income	34,929	'	34,823	'	106	'	'	'	'
BALANCE at Jun. 30, 2013	386,008	1,088,639	-705,846	-5,071	7,289	'	735	'	262
BALANCE (in shares) at Jun. 30, 2013	'	'	'	'	'	'	73,541,440	'	26,263,259
BALANCE at Dec. 31, 2013	405,704	1,094,918	-696,996	-2,553	9,334	'	741	'	260
BALANCE (in shares) at Dec. 31, 2013	'	'	'	'	'	74,145,569	74,145,569	26,028,357	26,028,357
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'	'
Dividends declared and paid on Class A and Class B Common Stock	-29,284	'	-29,284	'	'	'	'	'	'
Repurchases of Class A Common Stock	-82,371	-82,342	'	'	'	'	-29	'	'
Repurchases of Class A Common Stock (in shares)	-2,900,000	'	'	'	'	'	-2,910,106	'	'
Class A Common Stock issued pursuant to employee benefit plans	7,525	7,523	'	'	'	'	2	'	'
Class A Common Stock issued pursuant to employee benefit plans (in shares)	'	'	'	'	'	'	155,182	'	'
Tax benefit on share based awards	1,361	1,361	'	'	'	'	'	'	'
Distributions to noncontrolling interests	-2,704	'	'	'	-2,704	'	'	'	'
Other comprehensive income	684	'	'	684	'	'	'	'	'
Amortization of net periodic pension benefit costs, net of taxes	80	'	'	'	'	'	'	'	'
Net income	69,258	'	68,493	'	765	'	'	'	'
BALANCE at Jun. 30, 2014	$370,173	$1,021,460	($657,787)	($1,869)	$7,395	'	$714	'	$260
BALANCE (in shares) at Jun. 30, 2014	'	'	'	'	'	71,390,645	71,390,645	26,028,357	26,028,357

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:	'	'
Net income	$69,258	$34,929
Adjustments to reconcile net income to net cash flows from operating activities:	'	'
Depreciation of property and equipment	49,630	29,827
Amortization of definite-lived intangible and other assets	49,717	31,548
Amortization of program contract costs and net realizable value adjustments	47,515	37,711
Loss on extinguishment of debt	'	16,283
Stock-based compensation	8,430	6,796
Deferred tax benefit	-10,569	-3,934
Change in assets and liabilities, net of acquisitions:	'	'
Decrease (increase) in accounts receivable, net	7,162	-28,124
Increase in prepaid expenses and other current assets	-11,643	-2,984
Decrease in accounts payable and accrued liabilities	-331	-18,176
Increase (decrease) in income taxes payable	16,995	-4,240
Payments on program contracts payable	-47,381	-45,375
Original debt issuance discount paid	'	-10,285
Other, net	1,201	9,394
Net cash flows from operating activities	179,984	53,370
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-26,587	-17,166
Payments for acquisition of television stations	'	-96,160
Payments for acquisition of assets in other operating divisions	-8,273	-4,650
Purchase of alarm monitoring contracts	-7,835	-6,284
Proceeds from sale of broadcast assets	'	27,992
Increase in restricted cash	-683	-33,634
Distributions from equity and cost method investees	1,522	3,271
Investments in equity and cost method investees	-6,167	-3,402
Proceeds from termination of life insurance policies	17,042	134
Proceeds from sale of assets in other operating divisions	'	5,516
Other, net	-325	-2,253
Net cash flows used in investing activities	-31,306	-126,636
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Proceeds from notes payable, commercial bank financing and capital leases	102,724	1,162,344
Repayments of notes payable, commercial bank financing and capital leases	-21,114	-991,724
Proceeds from the sale of Class A Common Stock	'	472,400
Repurchase of outstanding Class A Common Stock	-82,371	'
Dividends paid on Class A and Class B Common Stock	-29,284	-26,972
Payments for deferred financing costs	-235	-16,749
Proceeds from Class A Common Stock sold by variable interest entity	'	10,908
Noncontrolling interests distributions	-3,953	-9,714
Other, net	997	720
Net cash flows (used in) from financing activities	-33,236	601,213
NET INCREASE IN CASH AND CASH EQUIVALENTS	115,442	527,947
CASH AND CASH EQUIVALENTS, beginning of period	280,104	22,865
CASH AND CASH EQUIVALENTS, end of period	$395,546	$550,812

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	'
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	'
	1.              SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:
	Principles of Consolidation
	The consolidated financial statements include our accounts and those of our wholly-owned and majority-owned subsidiaries and VIEs for which we are the primary beneficiary.  Noncontrolling interests represents a minority owner’s proportionate share of the equity in certain of our consolidated entities.  All intercompany transactions and account balances have been eliminated in consolidation.
	Discontinued Operations
	In accordance with Financial Accounting Standards Board’s (FASB) guidance on reporting assets held for sale, we reported the results of operations of our stations in Lansing, Michigan (WLAJ-TV) and Providence, Rhode Island (WLWC-TV), as discontinued operations consolidated statements of operations.  Discontinued operations have not been segregated in the consolidated statements of cash flows and, therefore, amounts for certain captions will not agree with the accompanying consolidated statements of operations.  The operating results of WLAJ-TV, which was sold effective March 1, 2013 for $14.4 million, and WLWC-TV, which was sold effective April 1, 2013 for $13.8 million, are not included in our consolidated results of operations from continuing operations for the three and six months ending June 30, 2013. Total revenues for WLAJ-TV and WLWC-TV, which are included in discontinued operations for the six months ending June 30, 2013, were $0.6 million and $1.6 million, respectively.  Total income before taxes for WLAJ-TV and WLWC-TV, which are included in discontinued operations for the six months ending June 30, 2013, are $0.2 million and $0.4 million, respectively. The resulting gain on the sale of these stations in 2013 was negligible.  Basic and diluted earnings per share from discontinued operations was less than $0.01 per share for the quarter ended June 30, 2013.
	Interim Financial Statements
	The consolidated financial statements for the three and six months ended June 30, 2014 and 2013 are unaudited.  In the opinion of management, such financial statements have been presented on the same basis as the audited consolidated financial statements and include all adjustments, consisting only of normal recurring adjustments necessary for a fair statement of the consolidated balance sheets, consolidated statements of operations, consolidated statements of comprehensive income, consolidated statement of equity (deficit) and consolidated statements of cash flows for these periods as adjusted for the adoption of recent accounting pronouncements discussed below.
	As permitted under the applicable rules and regulations of the Securities and Exchange Commission (SEC), the consolidated financial statements do not include all disclosures normally included with audited consolidated financial statements and, accordingly, should be read together with the audited consolidated financial statements and notes thereto in our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the SEC.  The consolidated statements of operations presented in the accompanying consolidated financial statements are not necessarily representative of operations for an entire year.
	Variable Interest Entities
	In determining whether we are the primary beneficiary of a VIE for financial reporting purposes, we consider whether we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and whether we have the obligation to absorb losses or the right to receive returns that would be significant to the VIE.  We consolidate VIEs when we are the primary beneficiary.  The assets of each of our consolidated VIEs can only be used to settle the obligations of the VIE.  All the liabilities are non-recourse to us except for certain debt of VIEs which we guarantee.
	We have entered into local marketing agreements (LMAs) to provide programming, sales and managerial services for seven television stations of Cunningham Broadcasting Company (Cunningham), the license owner of these television stations as of June 30, 2014.  We pay LMA fees to Cunningham and also reimburse all operating expenses.  We also have an acquisition agreement in which we have a purchase option to buy the license assets of these television stations which includes the FCC license and certain other assets used to operate the station (License Assets).  Our applications to acquire these FCC license related assets are pending FCC approval.  We also perform sales and other non-programming support services to two other stations owned by Cunningham (acquired in November 2013) pursuant to joint sales agreements (JSAs) and shared services agreements (SSAs).  We have purchase options to acquire the license assets of these stations.  We own the majority of the non-license assets of these nine Cunningham stations and we have guaranteed the debt of Cunningham.  We have determined that Cunningham and these nine stations are VIEs and that based on the terms of the agreements, the significance of our investment in the stations and our guarantee of the debt of Cunningham, we are the primary beneficiary of the variable interests because, subject to the ultimate control of the licensees, we have the power to direct the activities which significantly impact the economic performance of the VIEs through the services we provide and we absorb losses and returns that would be considered significant to Cunningham.  Effective July 31, 2014, concurrent with the Allbritton acquisition, we terminated the LMA with WTAT (FOX) in Charleston, SC and sold to Cunningham, the license owner of WTAT, the non-license assets related to this station for $14.0 million.  Although we have no continuing involvement in the operations of this station, because Cunningham is a consolidated VIE, the assets of WTAT will not be derecognized and the transaction will be accounted for as transaction between parties under common control.  Therefore no gain or loss will be recognized in the consolidated statement of operations upon the sale to Cunningham.  See Note 5. Related Person Transactions for more information on our arrangements with Cunningham.  The net revenues of these stations which we consolidate were $28.7 million and $26.5 million for the three months ended June 30, 2014 and 2013, respectively.  The net revenues of these stations which we consolidate were $56.4 million and $51.2 million for the six months ended June 30, 2014 and 2013, respectively. The fees paid between us and Cunningham pursuant to these arrangements are eliminated in consolidation.  See Changes in the Rules of Television Ownership, Joint Sale Agreements, and Local Marketing Agreements in Note 3. Commitment and Contingencies for discussion of recent changes in FCC rules related to JSAs.
	We have certain LMAs and outsourcing agreements, including certain JSAs and SSAs, with certain other license owners under which we provide certain non-programming related sales, operational and administrative services, and programming for these LMAs.  The terms of the agreements vary, but generally have initial terms of over five years with several optional renewal terms.  We own the majority of the non-license assets of these stations and in certain cases have guaranteed the debt of the licensee.  We also have purchase options to buy the assets of the licensees.  We have determined that these licensees (19 and 12 licenses as of June 30, 2014 and 2013, respectively) are VIEs, and, based on the terms of the agreements and the significance of our investment in the stations, we are the primary beneficiary of the variable interests because, subject to the ultimate control of the licensees, we have the power to direct the activities which significantly impact the economic performance of the VIE through the services we provide and because we absorb losses and returns that would be considered significant to the VIEs.  The net revenues of these stations which we consolidate were $43.1 million and $30.8 million for the three months ended June 30, 2014 and 2013, respectively. The net revenues of these stations which we consolidate were $81.8 million and $63.3 million for the six months ended June 30, 2014 and 2013, respectively.  The fees paid between us and other license owners pursuant to these arrangements are eliminated in consolidation.  See Changes in the Rules of Television Ownership, Joint Sale Agreements, and Local Marketing Agreement in Note 3. Commitment and Contingencies for discussion of recent changes in FCC rules related to JSAs.
	As of the dates indicated, the carrying amounts and classification of the assets and liabilities of the VIEs mentioned above which have been included in our consolidated balance sheets for the periods presented (in thousands):
		June 30,		December 31,
		2014		2013
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	4,932	$	4,916
	Accounts receivable	19,569		18,468
	Current portion of program contract costs	5,164		10,725
	Prepaid expenses and other current assets	443		247
	Total current assets	30,108		34,356
	PROGRAM CONTRACT COSTS, less current portion	4,830		5,075
	PROPERTY AND EQUIPMENT, net	14,376		11,081
	GOODWILL	6,357		6,357
	BROADCAST LICENSES	16,768		16,768
	DEFINITE-LIVED INTANGIBLE ASSETS, net	97,297		97,496
	OTHER ASSETS	23,370		22,935
	Total assets	$	193,106	$	194,068
	LIABILITIES
	CURRENT LIABILITIES:
	Accounts payable	$	44	$	86
	Accrued liabilities	3,532		2,536
	Current portion of notes payable, capital leases and commercial bank financing	5,731		5,731
	Current portion of program contracts payable	4,364		11,552
	Total current liabilities	13,671		19,905
	LONG-TERM LIABILITIES:
	Notes payable, capital leases and commercial bank financing, less current portion	46,960		49,850
	Program contracts payable, less current portion	6,504		6,597
	Long term liabilities	9,542		10,838
	Total liabilities	$	76,677	$	87,190
	The amounts above represent the consolidated assets and liabilities of the VIEs described above, for which we are the primary beneficiary, and have been aggregated as they all relate to our broadcast business.  Excluded from the amounts above are payments made to Cunningham under the LMAs, a portion of which is treated as a prepayment of the purchase price of the stations, and capital leases between us and Cunningham which are eliminated in consolidation.  The total payments made under these LMAs as of June 30, 2014 and December 31, 2013, which are excluded from liabilities above, were $34.2 million and $32.4 million, respectively.  The total capital lease liabilities excluded from above were $11.2 million as of June 30, 2014 and December 31, 2013, respectively.  Also excluded from the amounts above are liabilities associated with the certain LMAs and outsourcing agreements and purchase options with certain VIEs totaling $62.2 million and $59.9 million as of June 30, 2014 and December 31, 2013, respectively, as these amounts are eliminated in consolidation.  The risk and reward characteristics of the VIEs are similar.
	We have investments in other real estate ventures and investment companies which are considered VIEs.  However, we do not participate in the management of these entities including the day-to-day operating decisions or other decisions which would allow us to control the entity, and therefore, we are not considered the primary beneficiary of these VIEs.  We account for these entities using the equity or cost method of accounting.
	The carrying amounts of our investments in these VIEs for which we are not the primary beneficiary as of June 30, 2014 and December 31, 2013 was $24.4 million and $26.7 million, respectively, which are included in other assets in the consolidated balance sheets.  Our maximum exposure is equal to the carrying value of our investments.  The income and loss related to these investments are recorded in income from equity and cost method investments in the consolidated statement of operations.  We recorded income of $0.7 million and $0.9 million in the three and six months ended June 30, 2014 and $0.3 million and $0.7 million in the three and six months ended June 30 2013, respectively.
	Recent Accounting Pronouncements
	In April 2014, the FASB issued new guidance that changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of and represents a strategic shift that has, or will have, a major effect on an entity’s operations and financial results. The revised guidance will become effective for annual fiscal periods beginning after December 15, 2014.  Under the revised guidance, we expect that it will be less likely for any future sales of assets, asset groups, or stations to be considered discontinued operations because such sales would need to represent a strategic shift and have a major effect on our future operations.  Historically, under the previous guidance, sales of minor components of our business were required to be classified as discontinued operations.
	In May 2014, the FASB issued new guidance on revenue recognition for revenue from contracts with customers. This guidance requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers and will replace most existing revenue recognition guidance when it becomes effective. This new standard is effective for annual reporting periods beginning after December 15, 2016. Early application is not permitted and the standard permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact of this requirement on our financial statements.
	Use of Estimates
	The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses in the consolidated financial statements and in the disclosures of contingent assets and liabilities.  Actual results could differ from those estimates.
	Restricted Cash
	During 2014 and 2013, we entered into certain definitive agreements to purchase assets related to pending acquisitions, which required certain deposits to be made into escrow accounts. As of June 30, 2014 and December 31, 2013, we held $12.4 million and $11.4 million, respectively, in restricted cash classified as noncurrent related to the amounts held in escrow for these acquisitions.
	Revenue Recognition
	Total revenues include: (i) cash and barter advertising revenues, net of agency commissions; (ii) retransmission consent fees; (iii) network compensation; (iv) other broadcast revenues and (v) revenues from our other operating divisions.
	Advertising revenues, net of agency commissions, are recognized in the period during which time spots are aired.
	Our retransmission consent agreements contain both advertising and retransmission consent elements.  We have determined that our retransmission consent agreements are revenue arrangements with multiple deliverables.  Advertising and retransmission consent deliverables sold under our agreements are separated into different units of accounting at fair value.   Revenue applicable to the advertising element of the arrangement is recognized similar to the advertising revenue policy noted above.  Revenue applicable to the retransmission consent element of the arrangement is recognized over the life of the agreement.
	Network compensation revenue is recognized over the term of the contract. All other revenues are recognized as services are provided.
	Share Repurchase Program
	On October 28, 1999, we announced a $150.0 million share repurchase program, which was renewed on February 6, 2008.   On March 20, 2014, the Board of Directors authorized an additional $150.0 million share repurchase authorization. There is no expiration date, and currently management has no plans to terminate this program.  For the six months ended June 30, 2014, we have purchased approximately 2.9 million shares for $82.4 million.  For the three months ended June 30, 2014, we purchased zero shares.  As of June 30, 2014, the total remaining authorization was $185.1 million.
	Income Taxes
	Our income tax provision for all periods consists of federal and state income taxes.  The tax provision for the three and six months ended June 30, 2014 and 2013 is based on the estimated effective tax rate applicable for the full year after taking into account discrete tax items and the effects of the noncontrolling interests. We provide a valuation allowance for deferred tax assets if we determine that it is more likely than not that some or all of the deferred tax assets will not be realized.  In evaluating our ability to realize net deferred tax assets, we consider all available evidence, both positive and negative, including our past operating results, tax planning strategies and forecasts of future taxable income.  In considering these sources of taxable income, we must make certain judgments that are based on the plans and estimates used to manage our underlying businesses on a long-term basis.  A valuation allowance has been provided for deferred tax assets related to a substantial portion of our available state net operating loss (NOL) carryforwards, based on past operating results, expected timing of the reversals of existing temporary book/tax basis differences, alternative tax strategies and projected future taxable income.
	Our effective income tax rate for the three and six months ended June 30, 2014 approximated the statutory rate. Our effective income tax rate for the three months and six months ended June 30, 2013 was greater than the statutory rate primarily due to an increase in the state income tax reserves related to an ongoing audit.
	We believe it is reasonably possible that our liability for unrecognized tax benefits related to continuing operations could be reduced by up to $11.0 million, in the next twelve months, as a result of expected statute of limitations expirations, the application of limits under available state administrative practice exceptions, and the resolution of examination issues and settlements with federal and certain state tax authorities.
	Reclassifications
Certain reclassifications have been made to prior years’ consolidated financial statements to conform to the current year’s presentation.

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2014
ACQUISITIONS	'
ACQUISITIONS	'
	2.              ACQUISITIONS
	Fisher Communications
	Effective August 8, 2013, we completed the acquisition of all of the outstanding common stock of Fisher Communications, Inc. (Fisher). We paid $373.2 million to the shareholders of the Fisher common stock, representing $41.0 per common share. We financed the total purchase price with cash on hand. Fisher owns certain broadcast assets related to the following twenty-two stations, and four radio stations in 8 markets along with the respective network affiliation or program service arrangements: KOMO (ABC) and KUNS (Univision) in Seattle-Tacoma, WA; KATU (ABC), KUNP(Univision), and KUNP-LP (Univision) in Portland, OR; KLEW (CBS) in Spokane, WA; KBOI (CBS) and KYUU-LD (CW) in Boise, ID; KVAL (CBS), KCBY (CBS), KPIC (CBS), KMTR (NBC), KMCB (NBC), and KTCW (NBC) in Eugene, OR; KIMA (CBS), KEPR (CBS), KUNW-CD (Univision), and KVVK-CD (Univision), in Yakima/Pasco/Richland/Kennewick, WA; KBAK (CBS) and KBFX-CD (FOX) in Bakersfield, CA; as well as KIDK (CBS/FOX) and KXPI (FOX) in Idaho Falls/Pocatello, ID. The four radio stations are: KOMO (AM/FM), KPLZ (FM) and KVI (AM) in the Seattle/Tacoma, WA market.  This acquisition provides expansion into additional markets and increases value based on the synergies we can achieve.
	The results of the acquired operations are included in the financial statements of the Company beginning on August 8, 2013.  Under the acquisition method of accounting, the purchase price has been allocated to the acquired assets and assumed liabilities based on estimated fair values.  The allocation reflects the consolidation of net assets of the third party which owns the license and related assets of KMTR in Eugene, OR, which we have consolidated, as the licensee is considered to be a VIE and we are the primary beneficiary of the variable interests. Additionally, another third party that performs certain services pursuant to an outsourcing agreement to our stations in Idaho Falls, ID (KIDK and KXPI), exercised an existing purchase option to purchase the broadcast assets of the two stations for $6.3 million, which closed in November 2013.  The assets of these stations were classified as assets held for sale in the initial purchase price allocation.  The purchase price allocation is preliminary pending a final determination of the fair values of the assets and liabilities. The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Cash	$	13,531
	Accounts receivable	29,962
	Prepaid expenses and other current assets	19,133
	Program contract costs	11,427
	Property and equipment	73,968
	Broadcast licenses	30,977
	Definite-lived intangible assets	166,378
	Other assets	7,683
	Assets held for sale	6,339
	Accounts payable and accrued liabilities	(20,127		)
	Program contracts payable	(10,977		)
	Deferred tax liability	(74,877		)
	Other long-term liabilities	(22,127		)
	Fair value of identifiable net assets acquired	231,290
	Goodwill	142,959
	Less: fair value of non-controlling interests	(1,053		)
	Total	$	373,196
	The preliminary allocation presented above is based upon management’s estimate of the fair values using valuation techniques including income, cost and market approaches.  In estimating the fair value of the acquired assets and assumed liabilities, the fair value estimates are based on, but not limited to, expected future revenue and cash flows, expected future growth rates, and estimated discount rates.  The amount allocated to definite-lived intangible assets represents the estimated fair values of network affiliations of $117.5 million, the decaying advertiser base of $18.1 million, and other intangible assets of $30.8 million.  These intangible assets will be amortized over the estimated remaining useful lives of 15 years for network affiliations, 10 years for the decaying advertiser base and a weighted average life of 14 years for the other intangible assets.  Acquired property and equipment will be depreciated on a straight-line basis over the respective estimated remaining useful lives.  Goodwill is calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce and noncontractual relationships, as well as expected future synergies.  We expect that goodwill deductible for tax purposes will be approximately $11.1 million.  Certain measurement period adjustments have been made since the initial allocation in the third quarter of 2013, which were not material to our consolidated financial statements.
	Net broadcast revenues and operating income of the Fisher stations included in our consolidated statements of operations, were $45.1 million and $6.0 million for the three months ended June 30, 2014, and $84.3 million and $6.5 million for the six months ended June 30, 2014, respectively.
	Barrington
	Effective November 22, 2013, we completed the acquisition of the broadcast assets of Barrington Broadcasting Company, LLC for $370.0 million, less working capital of $2.4 million, and entered into agreements to operate or provide sales and administrative services to another five stations.  The purchase price includes $7.5 million paid by third parties for the license related assets of certain stations. The acquired assets relate to the following twenty four stations located in fifteen markets along with the respective network affiliation or program service arrangements: WEYI (NBC) and WBSF (CW) in Flint/Saginaw/Bay City/Midland, MI; WNWO (NBC) in Toledo, OH; WACH (FOX) in Columbia, SC; WSTM (NBC), WTVH (CBS) and WSTQ (CW) in Syracuse, NY; KGBT (CBS) in Harlingen/Weslaco/Brownsville/McAllen, TX; KXRM (FOX) and KXTU (CW) in Colorado Springs, CO; WPDE (ABC) and WWMB (CW) in Myrtle Beach/Florence, SC; WHOI (ABC) in Peoria/Bloomington, IL; WPBN/WTOM (NBC),  and WGTU/WGTQ (ABC) in Traverse City/Cadillac, MI; KVII (ABC) and KVIH (ABC) in Amarillo, TX; KRCG (CBS) in Columbia/Jefferson City, MO; WFXL (FOX) in Albany, GA; KHQA (CBS) in Quincy, IL/Hannibal, MO/Keokuk, IA; WLUC (NBC) in Marquette, MI; and KTVO (ABC) in Ottumwa, IA/Kirksville, MO.
	Concurrent with the Barrington acquisition, due to FCC conflict ownership rules, we sold our station, WSYT (FOX), and assigned its LMA with WNYS (MNT), in Syracuse, NY to a third party for $15 million, and recognized a loss on sale of approximately $3.3 million.  We also sold our station, WYZZ (FOX) in Peoria, IL, which currently receives non-programming related sales, operational and administrative services from Nexstar Broadcasting pursuant to certain outsourcing agreements, to Cunningham for $22.0 million. Although we have no continuing involvement in the operations of this station, because Cunningham is a consolidated VIE and we have a purchase plan option to acquire these assets from Cunningham, the assets of WYZZ were not derecognized and the transaction was accounted for as a transaction between parties under common control.  Thus no gain or loss has been recognized in the consolidated statement of operations for sale of WYZZ.
	The results of the acquired operations are included in the financial statements of the Company beginning on November 22, 2013. Under the acquisition method of accounting, the initial purchase price has been allocated to the acquired assets and assumed liabilities based on estimated fair values.  The allocation reflects the consolidation of net assets of the third party licensees which own the license and related assets of WEYI and WBSF in Flint, MI, WWMB in Myrtle Beach, SC and WGTU/WGTQ in Traverse City, MI, which we have consolidated, as the licensees are considered to be VIEs and we are the primary beneficiary of the variable interests.  The purchase price allocation is preliminary pending a final determination of the fair values of the assets and liabilities. The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Prepaid expenses and other current assets	$	681
	Program contract costs	3,960
	Property and equipment	73,621
	Broadcast licenses	2,948
	Definite-lived intangible assets	217,818
	Accounts payable and accrued liabilities	(2,725		)
	Program contracts payable	(3,813		)
	Other long-term liabilities	(65		)
	Fair value of identifiable net assets acquired	292,425
	Goodwill	75,261
	Total	$	367,686
	The preliminary allocation presented above is based upon management’s estimate of the fair values using valuation techniques including income, cost and market approaches.  In estimating the fair value of the acquired assets and assumed liabilities, the fair value estimates are based on, but not limited to, expected future revenue and cash flows, expected future growth rates, and estimated discount rates.  The amount allocated to definite-lived intangible assets represents the estimated fair values of network affiliations of $101.0 million, the decaying advertiser base of $42.0 million, and other intangible assets of $74.8 million.  These intangible assets will be amortized over the estimated remaining useful lives of 15 years for network affiliations, 10 years for the decaying advertiser base and a weighted average life of 15 years for the other intangible assets.  Acquired property and equipment will be depreciated on a straight-line basis over the respective estimated remaining useful lives.  Goodwill is calculated as the excess of the consideration transferred over the fair value of the identifiable net assets acquired and represents the future economic benefits expected to arise from other intangible assets acquired that do not qualify for separate recognition, including assembled workforce and noncontractual relationships, as well as expected future synergies.  We expect that goodwill will be deductible for tax purposes.  The initial purchase price allocation is based upon all information available to us at the present time and is subject to change, and such changes could be material.
	Net broadcast revenues and operating income of the Barrington stations included in our consolidated statements of operations, were $41.3 million and $5.5 million for the three months ended June 30, 2014, and $80.4 million and $15.7 million for the six months ended June 30, 2014, respectively.
	During the three months ended June 30, 2014, we made certain immaterial measurement period adjustments to the initial purchase accounting for the Fisher and Barrington acquisitions, resulting in reclassifications between certain noncurrent assets and noncurrent liabilities, including an increase to property and equipment of approximately $31 million, an increase to broadcast licenses of $22 million, an increase to noncurrent deferred tax liabilities of $24 million, and a decrease to goodwill of $37 million, as well as a corresponding increase to depreciation expense and amortization expense of $1.3 million and $1.5 million, respectively.
	Pro Forma Information
	The following table sets forth unaudited pro forma results of continuing operations for the three and six months ended June 30, 2013, assuming that the acquisitions of the Fisher and Barrington stations discussed above, along with transactions necessary to finance the acquisitions, occurred at the beginning of the annual period presented (in thousands, except per share data):
		Three Months Ended June 30,			Six Months Ended June 30,
		2013			2013
	Total revenues	$	390,544		$	741,649
	Net Income	$	16,009		$	24,889
	Net Income attributable to Sinclair Broadcast Group from continuing operations	$	15,776		$	24,783
	Basic earnings per share attributable to Sinclair Broadcast Group from continuing operations	$	0.12		$	0.22
	Diluted earnings per share attributable to Sinclair Broadcast Group from continuing operations	$	0.11		$	0.22
	This pro forma financial information is based on historical results of operations, adjusted for the allocation of the purchase price and other acquisition accounting adjustments, and is not indicative of what our results would have been had we operated the businesses since the beginning of the annual period presented because the pro forma results do not reflect expected synergies.  The pro forma adjustments reflect depreciation expense, amortization of intangibles and amortization of program contract costs related to the fair value adjustments of the assets acquired, additional interest expense related to the financing of the transactions, exclusion of nonrecurring financing and transaction related costs, alignment of accounting policies and the related tax effects of the adjustments.  Depreciation and amortization expense are higher than amounts recorded in the historical financial statements of the acquirees due to the fair value adjustments recorded for long-lived tangibles and intangible assets in purchase accounting.
	Other Acquisitions
	In addition to the Fisher and Barrington acquisitions, we acquired nineteen television stations during the year ended December 31, 2013 in ten markets, of which five stations in four of the ten markets were acquired from Cox Media Group (Cox) in May 2013. Additionally, ten of the nineteen stations were acquired in four markets from TTBG LLC (TTBG) during September 2013 and October 2013. The initial purchase price allocated includes $272.7 million paid for certain broadcast assets of these stations, working capital of $9.5 million, and $0.7 million paid by certain VIEs for the license assets of certain of these stations owned by VIEs that we consolidate.  The purchase price allocations, except for the stations acquired from Cox, are preliminary pending a final determination of the fair values of the assets and liabilities. The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Accounts receivable	$	8,226
	Prepaid expenses and other current assets	5,217
	Program contract costs	6,182
	Property and equipment	54,148
	Deferred tax asset	3,888
	Broadcast licenses	3,736
	Definite-lived intangible assets	147,191
	Accrued liabilities	(3,926		)
	Program contracts payable	(6,331		)
	Other long term liabilities	(10,300		)
Fair value of identifiable net assets acquired	208,031
Goodwill	74,847
Total	$	282,878
The initial purchase price allocations are based upon all information available to us at the present time and are subject to change.  Certain measurement period adjustments have been made since the initial allocation in 2013, which were not material to our consolidated financial statements.  The definite-lived intangible assets in the table above will be amortized over the remaining useful lives of 15 years for network affiliations, 10 years for decaying advertiser base, and a weighted average of 14 years for the other intangible assets.  Net broadcast revenues and operating income for the three months ended June 30, 2014 related to stations acquired in 2013 were $23.8 million and $4.9 million, respectively, and $54.6 million and $8.9 million for the six months ended June 30, 2014, respectively.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES:	6 Months Ended
	Jun. 30, 2014
COMMITMENTS AND CONTINGENCIES:	'
COMMITMENTS AND CONTINGENCIES:	'
	3.              COMMITMENTS AND CONTINGENCIES:
	Litigation
	We are a party to lawsuits and claims from time to time in the ordinary course of business. Actions currently pending are in various stages and no material judgments or decisions have been rendered by hearing boards or courts in connection with such actions. After reviewing developments to date with legal counsel, our management is of the opinion that the outcome of our pending and threatened matters will not have a material adverse effect on our consolidated balance sheets, consolidated statements of operations or consolidated statements of cash flows.
	Various parties have filed petitions to deny our applications or our LMA partners’ applications for the following stations’ license renewals: WXLV-TV, Winston-Salem, North Carolina; WMYV-TV, Greensboro, North Carolina; WLFL-TV, Raleigh / Durham, North Carolina; WRDC-TV, Raleigh / Durham, North Carolina; WLOS-TV, Asheville, North Carolina, WMMP-TV, Charleston, South Carolina; WTAT-TV, Charleston, South Carolina; WMYA-TV, Anderson, South Carolina; WICS-TV Springfield, Illinois; WBFF-TV, Baltimore, Maryland; KGAN-TV, Cedar Rapids, Iowa; WTTE-TV, Columbus, Ohio; WRGT-TV, Dayton, Ohio; WVAH-TV, Charleston / Huntington, West Virginia; WCGV-TV, Milwaukee, Wisconsin; WTTO-TV, Birmingham, AL; KXVO-TV, Omaha, NE (acquired on October 1, 2013); WPMI-TV, Mobile, AL; WWHO-TV, Chillicothe, OH and WUTB-TV in Baltimore, MD. The FCC is in the process of considering the renewal applications and we believe the petitions have no merit.
	Changes in the Rules of Television Ownership, Joint Sale Agreements, and Local Marketing Agreements
	On March 12, 2014, the FCC issued a public notice with respect to the processing of broadcast television applications proposing sharing arrangements and contingent interests.  The public notice indicated that the FCC will closely scrutinize any application that proposes that two or more stations in the same market that will enter into an agreement to share facilities, employees and/or services or to jointly acquire programming or sell advertising including through a JSA, LMA or similar agreement and enter into an option, right of first refusal, put /call arrangement or other similar contingent interest, or a loan guarantee. We cannot now predict what actions the FCC may require in connection with the processing of applications for FCC consent to pending transactions.  In addition, on March 31, 2014, the FCC issued rules that would consider a company an owner of a station if it has a JSA that allows for sale of more than 15% of the ad time on a particular station.  Parties to such agreements must come into compliance with these new rules by June 19, 2016.   Among other things, the rule could limit our ability to create duopolies or other two-station operations in certain markets.  We are currently evaluating whether to seek one or more waivers of the new rules, or to modify or terminate our current JSAs. We cannot predict whether we will be able to terminate or restructure such arrangements on terms that are as advantageous to us as the current arrangements. The rule has been appealed to the United States Court of Appeals for the District of Columbia Circuit and we cannot predict the outcome of that proceeding.  The revenues of these JSA arrangements we earned during the three and six months ended June 30, 2014 were $11.5 million and $22.1 million, and $8.3 million and $15.1 million for the three and six months ended June 30, 2013, respectively.
	In its Order approving the Allbritton transaction, the FCC expressed concerns regarding an LMA that had existed between Sinclair and Cunningham in the Charleston market, and that it believed Sinclair apparently violated the local TV ownership rule with respect to its continued operation of that LMA.  The same agreement that governs the Charleston LMA also governs LMAs between Sinclair and Cunningham in three other markets.  The existence of the Charleston LMA was repeatedly disclosed to the Commission over many years, during which Sinclair relied on a June 20, 2001, Stay Order issued by the United States Court of Appeals for the District of Columbia Circuit, which specifically stated that “the time for Sinclair to come into compliance with the Commission’s ‘eight voices standard’ … is hereby stayed pending further order of the court.”  No further order has been issued by the Court with respect to that stay.  Sinclair is in the process of preparing a submission to the FCC with regard to the LMA.  We cannot predict what steps, if any, the FCC will take in the future with respect to the now terminated Charleston LMA.
	Pending Acquisitions
	Effective July 31, 2014, we completed the acquisition of all of the outstanding common stock of Perpetual Corporation and equity interest of Charleston Television, LLC (Allbritton) for $985.0 million plus working capital of $53.4 million.  We financed the total purchase price with proceeds from the issuance of 5.625% senior unsecured notes, a draw on our amended bank credit agreement, and cash on hand.  See Note 4. Notes Payable and Commercial Bank Financing.  Allbritton owned certain broadcast assets related to the following nine stations along with the respective network affiliation or program service arrangements: WHTM (ABC) in Harrisburg/Lancaster/York, PA; WJLA (ABC) in Washington, DC; WBMA(ABC), WCFT (ABC), and WJSU(ABC), in Birmingham, AL; KATV (ABC) in Little Rock/Pine Bluff, AR; KTUL (ABC) in Tulsa, OK; WSET (ABC) in Roanoke/Lynchburg, VA; and WCIV (ABC), Charleston, SC markets, and NewsChannel 8, a 24-hour cable/satellite news network covering the Washington, D.C. metropolitan area.  In conjunction with the acquisition, we agreed to surrender for cancellation the FCC licenses of WCFT, WJSU, and WCIV by September 29, 2014, terminated our LMA in Charleston, SC with WTAT (FOX) and sold the non-license assets of WTAT to Cunningham for $14.0 million.  We have entered into an agreement to sell the license and related assets of WHTM to Media General Operations, Inc. (Media General) subject to approval of the FCC, antitrust clearance, and other customary closing conditions.  The ABC and other programming of WCFT, WJSU, and WCIV will be carried as multicast signals on our existing stations in their respective markets.  This acquisition provides expansion into additional markets and increases value based on the synergies we expect to achieve.
	In September 2013, we entered into a definitive agreement to purchase the broadcast assets of eight television stations owned by New Age Media located in three markets, for an aggregate purchase price of $90.0 million. The original contemplated transaction involved Wilkes/Barre/Scranton, PA - WSWB, Tallahassee, FL - WTLH and WTLF and Gainesville, FL - WNBW to be purchased by a third party and we would provide sales and other non-programming support services to each of these stations, pursuant to customary shared services and joint sales agreements.  We expect that this transaction will be modified in order to comply with a recently issued FCC order. The transaction is expected to close during the second half of 2014, subject to approval of the FCC and other customary closing conditions.  We expect to fund the purchase price through cash on hand and/or our bank credit facility.

NOTES_PAYABLE_AND_COMMERCIAL_B

NOTES PAYABLE AND COMMERCIAL BANK FINANCING	6 Months Ended
	Jun. 30, 2014
NOTES PAYABLE AND COMMERCIAL BANK FINANCING	'
NOTES PAYABLE AND COMMERCIAL BANK FINANCING	'
	4.              NOTES PAYABLE AND COMMERCIAL BANK FINANCING
	On July 23, 2014, we issued $550.0 million in senior unsecured notes, which bear interest at a rate of 5.625% per annum and mature on August 1, 2024 (the 5.625% Notes), pursuant to an indenture dated July 23, 2014 (the 5.625% Indenture).  The 5.625% Notes were priced at 100% of their par value and interest is payable semi-annually on February 1 and August 1, commencing on February 1, 2015.  Prior to August 1, 2019, we may redeem the 5.625% Notes, in whole or in part, at any time or from time to time at a price equal to 100% of the principal amount of the 5.625% Notes plus accrued and unpaid interest, if any, to the date of redemption, plus a “make-whole” premium as set forth in the 5.625% Indenture.  In addition, on or prior to August 1, 2019, we may redeem up to 35% of the 5.625% Notes, using proceeds of certain equity offerings.  If we sell certain of our assets or experience specific kinds of changes of control, the holders of the 5.625% Notes may require us to repurchase some or all of the notes.  The proceeds from the offering of the 5.625% Notes, together with borrowings under our Bank Credit Agreement and cash on hand, were used to finance the acquisition of the Allbritton companies on July 1, 2014.  Concurrent with entering into the 5.625% Indenture in July 2013, we also entered into a registrations rights agreement requiring us to file a registration statement covering an offer to exchange of the 5.625% Notes for registered securities with the Securities and Exchange Commission (the SEC) to be effective by April 19, 2015.
	On July 31, 2014, we entered into an amendment and restatement (the Amendment) of our bank credit agreement (as amended, the Bank Credit Agreement).  Pursuant to the Amendment, we raised $400.0 million of incremental term loan B commitments.  The incremental term loan matures in July 2021.  The term loan was issued at 99.75% of par and bears interest at LIBOR plus 2.75% with a 0.75% LIBOR floor.  The proceeds, together with the 5.625% Notes and cash on hand were used to finance the acquisition of the Allbritton companies on July 31, 2014.  Additionally, in connection with the Amendment, $327.7 million of term loan A, including $72.5 million of the remaining $108.2 million delayed draw term loan A commitments, were converted into revolving commitments.  As of closing, we have $361.2 million of committed term loan A, which consists of $325.5 million currently outstanding and $35.7 million under the delayed draw to be borrowed on or before December 31, 2014, and we have $485.2 million in revolving commitments.  We also amended certain terms of the Bank Credit Agreement, including increased flexibility in dispositions related to requirements of regulatory authorities, an increase in the non-TV/Radio acquisition capacity, the elimination of certain maintenance financial covenants, an increase to the first lien indebtedness maintenance test, and increased flexibility under certain restrictive covenants.
	We expect to incur $14.6 million in financing costs related to the issuance of the 5.625% Notes and the Amendment, which we expect to capitalize as deferred financing costs.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2014
EARNINGS PER SHARE	'
EARNINGS PER SHARE	'
	5.              EARNINGS PER SHARE
	The following table reconciles income (numerator) and shares (denominator) used in our computations of diluted earnings per share for the periods presented (in thousands):
		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
	Income (Numerator)
	Income from continuing operations	$	41,601		$	12,956		$	69,258		$	29,471
	Income impact of assumed conversion of the 4.875% Notes, net of taxes	—			45			—			90
	Income impact of assumed conversion of the 3.0% Notes, net of taxes	—			26			—			53
	Net (income) attributable to noncontrolling interests included in continuing operations	(266		)	(233		)	(765		)	(106		)
	Numerator for diluted earnings per common share from continuing operations available to common shareholders	41,335			12,794			68,493			29,508
	Income from discontinued operations, net of taxes	—			5,103			—			5,458
	Numerator for diluted earnings available to common shareholders	$	41,335		$	17,897		$	68,493		$	34,966
	Shares (Denominator)
	Weighted-average common shares outstanding	97,174			92,083			97,994			86,667
	Dilutive effect of stock settled appreciation rights, restricted stock awards and outstanding stock options	690			871			684			547
	Dilutive effect of 4.875% Notes	—			339			—			339
	Dilutive effect of 3.0% Notes	—			311			—			311
	Weighted-average common and common equivalent shares outstanding	97,864			93,604			98,678			87,864
	There are no potentially dilutive securities representing shares of common stock for the three and six months ended June 30, 2014 and 2013.

RELATED_PERSON_TRANSACTIONS

RELATED PERSON TRANSACTIONS	6 Months Ended
	Jun. 30, 2014
RELATED PERSON TRANSACTIONS	'
RELATED PERSON TRANSACTIONS	'
	6.              RELATED PERSON TRANSACTIONS
	Transactions with our controlling shareholders. David, Frederick, J. Duncan and Robert Smith (collectively, the controlling shareholders) are brothers and hold substantially all of the Class B Common Stock and some of our Class A Common Stock.  We engaged in the following transactions with them and/or entities in which they have substantial interests.
	Leases.  Certain assets used by us and our operating subsidiaries are leased from Cunningham Communications Inc., Keyser Investment Group, Gerstell Development Limited Partnership and Beaver Dam, LLC (entities owned by the controlling shareholders).  Lease payments made to these entities were $1.3 million and $1.4 million for the three months ended June 30, 2014 and 2013 and $2.8 million and $2.5 million for the six months ended June 30, 2014 and 2013, respectively.
	Charter Aircraft.  From time to time, we charter aircraft owned by certain controlling shareholders.  We incurred $0.3 million and $0.2 million for the three months ended June 30, 2014 and 2013, respectively, and $0.6 million and $0.3 million for the six months ended June 30, 2014 and 2013, respectively.
	Cunningham Broadcasting Corporation.  As of June 30, 2014, Cunningham was the owner-operator and FCC licensee of: WNUV-TV Baltimore, Maryland; WRGT-TV Dayton, Ohio; WVAH-TV Charleston, West Virginia; WTAT-TV Charleston, South Carolina; WMYA-TV Anderson, South Carolina; WTTE-TV Columbus, Ohio; WDBB-TV Birmingham, Alabama; WBSF-TV Flint, Michigan; and WGTU-TV/WGTQ-TV Traverse City/Cadillac, Michigan (collectively, the Cunningham Stations) and WYZZ Peoria/Bloomington, IL.
	During the first quarter of 2013, the estate of Carolyn C. Smith, a parent of our controlling shareholders, distributed all of the non-voting stock owned by the estate to our controlling shareholders, and a portion was repurchased by Cunningham for $1.7 million in the aggregate.   During the second quarter of 2014, Cunningham purchased the remaining amount of non-voting stock from the controlling shareholders for an aggregate purchase price of $2.0 million.  The estate of Mrs. Smith currently owns all of the voting stock.  The sale of the voting stock by the estate to an unrelated party is pending approval of the FCC.  We have options from the trusts, which grant us the right to acquire, subject to applicable FCC rules and regulations, 100% of the voting and nonvoting stock of Cunningham. We also have options from each of Cunningham’s subsidiaries, which are the FCC licensees of the Cunningham stations, which grant us the right to acquire, and grant Cunningham the right to require us to acquire, subject to applicable FCC rules and regulations, 100% of the capital stock or the assets of Cunningham’s individual subsidiaries. In July 2014, concurrent with the Allbritton acquisition, the option to acquire WTAT was terminated.
	In addition to the option agreements, as of June 30, 2014, certain of our stations provide programming, sales and managerial services pursuant to LMAs to seven of their stations: WNUV-TV, WRGT-TV, WVAH-TV, WTAT-TV, WMYA-TV, WTTE-TV, and WDBB-TV (collectively, the Cunningham LMA Stations). Each of these LMAs has a current term that expires on July 1, 2016 and there are three additional 5- year renewal terms remaining with final expiration on July 1, 2031. Effective November 5, 2009, we entered into amendments and/or restatements of the following agreements between Cunningham and us: (i) the LMAs, (ii) option agreements to acquire Cunningham stock and (iii) certain acquisition or merger agreements relating to the Cunningham LMA Stations.
	Pursuant to the terms of the LMAs, options and other agreements, beginning on January 1, 2010 and ending on July 1, 2012, we were obligated to pay Cunningham the sum of approximately $29.1 million in 10 quarterly installments of $2.75 million and one quarterly payment of approximately $1.6 million, which amounts were used to pay down Cunningham’s bank credit facility and which amounts were credited toward the purchase price for each Cunningham station. An additional $1.2 million was paid on July 1, 2012 and another installment of $2.75 million was paid on October 1, 2012 as an additional LMA fee and was used to pay off the remaining balance of Cunningham’s bank credit facility. The aggregate purchase price of the television stations, which was originally $78.5 million pursuant to certain acquisition or merger agreements subject to 6% annual increases, was decreased by each payment made by us to Cunningham, through 2012, up to $29.1 million in the aggregate; pursuant to the foregoing transactions with Cunningham as such payments were made. Beginning on January 1, 2013, we are obligated to pay Cunningham an annual LMA fee for the television stations equal to the greater of (i) 3% of each station’s annual net broadcast revenue and (ii) $5.0 million, of which a portion of this fee will be credited toward the purchase price to the extent of the annual 6% increase. The remaining purchase price as of June 30, 2014 was approximately $57.1 million. Additionally, we reimburse Cunningham for 100% of its operating costs. In July 2014, concurrent with the Allbritton acquisition, the LMA related to WTAT was terminated and the total LMA fee was reduced to $4.7 million to remove the fee associated with WTAT.
	In November 2013, concurrent with our acquisition of the Barrington stations, Cunningham acquired the license related assets of WBSF-TV and WGTU-TV/WGTQ-TV, which was funded by bank debt, for which we have provided a guarantee. We provide certain non-programming related sales, operational and administrative services to these stations pursuant to certain outsourcing agreements. The agreements for WBSF-TV and WGTU-TV/WGTQ-TV expire in November 2021 and August 2015, respectively, and each has renewal provisions for successive eight year periods. Under these arrangements, we earned $1.1 million and $1.9 million from the services we perform for these stations for the three and six months ended June 30, 2014, respectively. As we consolidate the licensees as VIEs, the amounts we earn under the arrangements are eliminated in consolidation and the gross revenues of the stations are reported within our consolidated statement of operations. For the three and six months ended June 30, 2014, our consolidated revenues include $1.9 million and $3.4 million related to these stations, respectively.
	Also, concurrent with the Barrington acquisition, we also sold our station, WYZZ (FOX) in Peoria, IL, which currently receives non-programming related sales, operational and administrative services from Nexstar Broadcasting pursuant to certain outsourcing agreements, to Cunningham for $22 million. In July 2014, concurrent with the Allbritton acquisition we terminated the LMA with WTAT (FOX) in Charleston, SC and sold Cunningham the non-license assets related to this station for $14.0 million. Although we have no continuing involvement in the operations of these stations, because Cunningham is a consolidated VIE the assets of WYZZ and WTAT were not derecognized and the transactions were accounted for as transactions between parties under common control, therefore no gain or loss will be recognized in the consolidated statement of operations upon sale to Cunningham. Additionally, we have a purchase option to acquire the assets of WYZZ from Cunningham.
	During October 2013, we purchased the outstanding membership interests of KDBC-TV from Cunningham for $21.2 million, plus a working capital adjustment of $0.2 million. See Other Acquisitions within Note 2. Acquisitions, for further information.
	We made payments to Cunningham under our LMAs and other agreements with the Cunningham LMA Stations of $2.8 million and $2.6 million for the three months ended June 30, 2014 and 2013, respectively, and $7.3 million and $4.5 million for the six months ended June 30, 2014 and 2013, respectively. For the three months ended June 30, 2014 and 2013, Cunningham LMA Stations provided us with approximately $29.2 million, and $26.5 million, respectively, and approximately $56.4 million and $51.2 million for the six months ended June 30, 2014 and 2013, respectively, of total revenue. The financial statements for Cunningham are included in our consolidated financial statements for all periods presented.
	Atlantic Automotive.  We sold advertising time to and purchased vehicles and related vehicle services from Atlantic Automotive Corporation (Atlantic Automotive), a holding company that owns automobile dealerships and an automobile leasing company.  David D. Smith, our President and Chief Executive Officer, has a controlling interest in, and is a member of the Board of Directors of Atlantic Automotive. We received payments for advertising time totaling $0.1 million and less than $0.1 million for the three months ended June 30, 2014 and 2013, respectively, and $0.1 million for both the six months ended June 30, 2014 and 2013, respectively. We paid $0.4 million and $0.8 million for vehicles and related vehicle services from Atlantic Automotive for the three and six months ended June 30, 2013, respectively. No payments were made for the three and six months ended June 30, 2014.
	Additionally, in August 2011, Atlantic Automotive entered into an office lease agreement with Towson City Center, LLC (Towson City Center), a subsidiary of one of our real estate ventures, and began occupying the space in June 2012.  Atlantic Automotive paid $0.3 million and $0.2 million in rent during the three months ended June 30, 2014 and 2013, respectively, and $0.5 million and $0.4 million for the six months ended June 30, 2014 and 2013, respectively.
	Leased property by real estate ventures. Certain of our real estate ventures have entered into leases with entities owned by David Smith to lease restaurant space. There are leases for three restaurants in a building owned by one of our consolidated real estate ventures in Baltimore, MD.  Total rent received under these leases was $0.1 million and less than $0.1 million for the three months ended June 30, 2014 and 2013, respectively, and $0.2 million and less than $0.1 million for the six months ended June 30, 2014 and 2013, respectively. There is also one lease for a restaurant in a building owned by one of our real estate ventures, accounted for under the equity method, in Towson, MD. We received under this lease less than $0.1 million and $0.1 million for the three and six months ending June 30, 2014, respectively. No payments related to this property were received for the three and six months ended June 30, 2013.
	Thomas & Libowitz P.A.  Steven A. Thomas, a partner and founder of Thomas & Libowitz, P.A. (Thomas & Libowitz), a law firm providing legal services to us on an ongoing basis, is the son of a former member of the Board of Directors, Basil A. Thomas. Mr. Thomas resigned from Board of Directors effective September 2013. We paid fees of $0.5 million and $1.0 million to Thomas & Libowitz for the three and six months ended June 30, 2013, respectively.

SEGMENT_DATA

SEGMENT DATA	6 Months Ended
	Jun. 30, 2014
SEGMENT DATA	'
SEGMENT DATA	'
	7.              SEGMENT DATA
	We measure segment performance based on operating income (loss).  Excluding discontinued operations, our broadcast segment includes stations in 71 markets located throughout the continental United States. The operating results of WLAJ-TV and WLWC-TV, which were sold effective March 1, 2013 and April 1, 2013, respectively, are classified as discontinued operations and are not included in our consolidated results of continuing operations for the three months ended June 30, 2013. Our other operating divisions primarily consist of sign design and fabrication; regional security alarm operating and bulk acquisitions; manufacturing and service of broadcast antennas and transmitters; and real estate ventures. All of our other operating divisions are located within the United States.  Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location.  Other Operating Divisions and Corporate are not reportable segments but are included for reconciliation purposes.  We had approximately $172.2 million and $171.5 million of intercompany loans between the broadcast segment, other operating divisions and corporate as of June 30, 2014 and 2013, respectively.  We had $5.1 million and $5.0 million in intercompany interest expense related to intercompany loans between the broadcast segment, other operating divisions and corporate for the three months ending June 30, 2014 and 2013, respectively. For both the six months ended June 30, 2014 and 2013, we had $10.0 million in intercompany interest expense. All other intercompany transactions are immaterial.
	Segment financial information is included in the following tables for the periods presented (in thousands):
	For the three months ended June 30, 2014	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	437,487	$	17,649		$	—		$	455,136
	Depreciation of property and equipment	24,422		563			267			25,252
	Amortization of definite-lived intangible assets and other assets	23,351		1,638			—			24,989
	Amortization of program contract costs and net realizable value adjustments	23,574		—			—			23,574
	General and administrative overhead expenses	14,253		416			2,734			17,403
	Operating income (loss)	105,460		580			(3,001		)	103,039
	Interest expense	—		1,031			39,090			40,121
	Income from equity and cost method investments	—		742			—			742
	Assets	3,361,951		319,850			500,161			4,181,962
	For the three months ended June 30, 2013	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	301,316	$	12,838		$	—		$	314,154
	Depreciation of property and equipment	14,377		379			349			15,105
	Amortization of definite-lived intangible assets and other assets	14,369		1,188			—			15,557
	Amortization of program contract costs and net realizable value adjustments	18,656		—			—			18,656
	General and administrative overhead expenses	10,230		263			954			11,447
	Operating income (loss)	85,312		271			(1,303		)	84,280
	Interest expense	—		808			44,657			45,465
	Loss from equity and cost method investments	—		(404		)	—			(404		)
	For the six months ended June 30, 2014	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	835,393	$	32,391		$	—		$	867,784
	Depreciation of property and equipment	47,939		1,157			534			49,630
	Amortization of definite-lived intangible assets and other assets	46,514		3,203			—			49,717
	Amortization of program contract costs and net realizable value adjustments	47,515		—			—			47,515
	General and administrative overhead expenses	28,982		668			3,588			33,238
	Operating income (loss)	187,580		581			(4,122		)	184,039
	Interest expense	—		1,950			77,709			79,659
	Income from equity and cost method investments	—		840			—			840
	Assets	3,361,951		319,850			500,161			4,181,962
	For the six months ended June 30, 2013	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	572,472	$	24,300		$	—		$	596,772
	Depreciation of property and equipment	28,161		848			691			29,700
	Amortization of definite-lived intangible assets and other assets	29,238		2,321			—			31,559
	Amortization of program contract costs and net realizable value adjustments	37,517		—			—			37,517
	General and administrative overhead expenses	20,359		560			1,778			22,697
	Operating income (loss)	150,442		(37		)	(2,469		)	147,936
	Interest expense	—		1,539			81,623			83,162
	Loss from equity and cost method investments	—		(1,456		)	—			(1,456		)

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS:	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS:	'
FAIR VALUE MEASUREMENTS:	'
	8.              FAIR VALUE MEASUREMENTS:
	Accounting guidance provides for valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost).  A fair value hierarchy using three broad levels prioritizes the inputs to valuation techniques used to measure fair value.  The following is a brief description of those three levels:
	·         Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.
	·         Level 2: Inputs other than quoted prices that are observable for the asset or liability, either directly or indirectly.  These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active.
	·         Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions.
	The carrying value and fair value of our notes and debentures for the periods presented (in thousands):
		As of June 30, 2014				As of December 31, 2013
		Carrying Value		Fair Value		Carrying Value		Fair Value
	Level 2:
	8.375% Senior Notes due 2018	$	235,422	$	252,114	$	235,225	$	259,547
	6.375% Senior Unsecured Notes due 2021	350,000		372,313		350,000		360,938
	6.125% Senior Unsecured Notes due 2022	500,000		525,000		500,000		497,525
	5.375% Senior Unsecured Notes due 2021	600,000		607,500		600,000		582,078
	Term Loan A	580,700		574,533		500,000		495,000
	Term Loan B	639,757		634,926		642,734		641,205
	Debt of variable interest entities	52,691		52,691		55,581		55,581
	Debt of other operating divisions	96,377		96,377		86,263		86,263
	Additionally, Cunningham, one of our consolidated VIEs has certain investments in securities that are recorded at fair value using Level 1 inputs described above. As of June 30, 2014 and December 31, 2013, $19.5 million and $18.1 million were included in other assets in our consolidated balance sheets.

CONDENSED_CONSOLIDATING_FINANC

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS:	6 Months Ended
	Jun. 30, 2014
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS:	'
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS:	'
	9.              CONDENSED CONSOLIDATING FINANCIAL STATEMENTS:
	Sinclair Television Group, Inc. (STG), a wholly-owned subsidiary and the television operating subsidiary of Sinclair Broadcast Group, Inc. (SBG), is the primary obligor under the Bank Credit Agreement, the 5.375% Notes, the 6.125% Notes, the 8.375% Notes, and 6.375% Notes. Our Class A Common Stock and Class B Common Stock, as of June 30, 2014, were obligations or securities of SBG and not obligations or securities of STG.  SBG is a guarantor under the Bank Credit Agreement, the 5.375% Notes, the 6.125% Notes, the 8.375% Notes, and 6.375% Notes.  As of June 30, 2014, our consolidated total debt of $3,115.0 million included $3,010.2 million of debt related to STG and its subsidiaries of which SBG guaranteed $2,958.6 million.
	SBG, KDSM, LLC, a wholly-owned subsidiary of SBG, and STG’s wholly-owned subsidiaries (guarantor subsidiaries), have fully and unconditionally guaranteed, subject to certain customary automatic release provisions, all of STG’s obligations.  Those guarantees are joint and several.  There are certain contractual restrictions on the ability of SBG, STG or KDSM, LLC to obtain funds from their subsidiaries in the form of dividends or loans.
	The following condensed consolidating financial statements present the consolidating balance sheets, consolidating statements of operations and comprehensive income and consolidating statements of cash flows of SBG, STG, KDSM, LLC and the guarantor subsidiaries, the direct and indirect non-guarantor subsidiaries of SBG and the eliminations necessary to arrive at our information on a consolidated basis.  These statements are presented in accordance with the disclosure requirements under SEC Regulation S-X, Rule 3-10.
	CONDENSED CONSOLIDATING BALANCE SHEET
	AS OF June 30, 2014
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	Cash	$	—		$	382,989		$	488		$	12,069		$	—		$	395,546
	Accounts and other receivables	44			1,534			271,765			29,479			(2,326		)	300,496
	Other current assets	—			17,090			71,307			15,267			(36,701		)	66,963
	Total current assets	44			401,613			343,560			56,815			(39,027		)	763,005
	Property and equipment, net	4,483			14,160			465,210			160,304			(8,045		)	636,112
	Investment in consolidated subsidiaries	333,022			2,382,613			4,179			—			(2,719,814		)	—
	Restricted cash — long-term	—			12,430			—			—			—			12,430
	Other long-term assets	71,570			561,885			54,034			138,167			(599,705		)	225,951
	Total other long-term assets	404,592			2,956,928			58,213			138,167			(3,319,519		)	238,381
	Goodwill and other intangible assets	—			—			2,439,387			203,481			(98,404		)	2,544,464
	Total assets	$	409,119		$	3,372,701		$	3,306,370		$	558,767		$	(3,464,995	)	$	4,181,962
	Accounts payable and accrued liabilities	$	445		$	50,829		$	128,759		$	51,611		$	(34,281	)	$	197,363
	Current portion of long-term debt	599			47,125			1,172			7,138			—			56,034
	Current portion of affiliate long-term debt	1,377			—			1,192			926			(926		)	2,569
	Other current liabilities	565			—			74,725			6,304			(876		)	80,718
	Total current liabilities	2,986			97,954			205,848			65,979			(36,083		)	336,684
	Long-term debt	217			2,858,754			35,062			144,735			—			3,038,768
	Affiliate long-term debt	4,256			—			13,352			311,208			(311,210		)	17,606
	Other liabilities	38,882			24,869			667,646			150,315			(462,981		)	418,731
	Total liabilities	46,341			2,981,577			921,908			672,237			(810,274		)	3,811,789
	Total Sinclair Broadcast Group equity (deficit)	362,778			391,124			2,384,462			(120,865		)	(2,654,721		)	362,778
	Noncontrolling interests in consolidated subsidiaries	—			—			—			7,395			—			7,395
	Total liabilities and equity (deficit)	$	409,119		$	3,372,701		$	3,306,370		$	558,767		$	(3,464,995	)	$	4,181,962
	CONDENSED CONSOLIDATING BALANCE SHEET
	AS OF DECEMBER 31, 2013
	(in thousands)
		Sinclair			Sinclair			Guarantor			Non-Guarantor			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Subsidiaries						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,
								LLC
	Cash	$	—		$	237,974		$	28,594		$	13,536		$	—		$	280,104
	Accounts and other receivables	59			818			281,822			27,479			(1,022		)	309,156
	Other current assets	5,500			25,887			67,279			16,391			(6,446		)	108,611
	Total current assets	5,559			264,679			377,695			57,406			(7,468		)	697,871
	Property and equipment, net	5,017			13,561			454,917			130,019			(7,443		)	596,071
	Investment in consolidated subsidiaries	363,231			2,508,058			4,179			—			(2,875,468		)	—
	Restricted cash — long term	—			11,524			223			—			—			11,747
	Other long-term assets	78,849			503,674			62,435			132,840			(544,881		)	232,917
	Total other long-term assets	442,080			3,023,256			66,837			132,840			(3,420,349		)	244,664
	Goodwill and other intangible assets	—			—			2,486,794			214,325			(92,253		)	2,608,866
	Total assets	$	452,656		$	3,301,496		$	3,386,243		$	534,590		$	(3,527,513	)	$	4,147,472
	Accounts payable and accrued liabilities	$	234		$	51,781		$	126,245		$	17,914		$	—		$	196,174
	Current portion of long-term debt	556			37,335			1,007			7,448			—			46,346
	Current portion of affiliate long-term debt	1,294			—			1,073			1,003			(1,003		)	2,367
	Other current liabilities	3,529			—			87,612			9,645			(2,292		)	98,494
	Total current liabilities	5,613			89,116			215,937			36,010			(3,295		)	343,381
	Long-term debt	529			2,793,334			35,709			136,830			—			2,966,402
	Affiliate long-term debt	4,972			—			13,984			294,919			(294,950		)	18,925
	Other liabilities	45,172			23,645			610,491			145,828			(412,076		)	413,060
	Total liabilities	56,286			2,906,095			876,121			613,587			(710,321		)	3,741,768
	Total Sinclair Broadcast Group equity (deficit)	396,370			395,401			2,510,122			(88,331		)	(2,817,192		)	396,370
	Noncontrolling interests in consolidated subsidiaries	—			—			—			9,334			—			9,334
Total liabilities and equity (deficit)	$	452,656		$	3,301,496		$	3,386,243		$	534,590		$	(3,527,513	)	$	4,147,472
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE THREE MONTHS ENDED June 30, 2014
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
Net revenue	$	—		$	—		$	430,334		$	47,527		$	(22,725	)	$	455,136
Program and production	—			114			133,440			21,492			(20,743		)	134,303
Selling, general and administrative	1,155			14,000			80,324			5,094			(575		)	99,998
Depreciation, amortization and other operating expenses	267			1,138			93,889			23,222			(720		)	117,796
Total operating expenses	1,422			15,252			307,653			49,808			(22,038		)	352,097
Operating (loss) income	(1,422		)	(15,252		)	122,681			(2,281		)	(687		)	103,039
Equity in earnings of consolidated subsidiaries	42,662			75,388			—			—			(118,050		)	—
Interest expense	(149		)	(37,082		)	(1,224		)	(6,974		)	5,308			(40,121		)
Other income (expense)	941			86			465			285			(20		)	1,757
Total other income (expense)	43,454			38,392			(759		)	(6,689		)	(112,762		)	(38,364		)
Income tax benefit (provision)	(697		)	19,209			(43,691		)	2,105			—			(23,074		)
Net income (loss)	41,335			42,349			78,231			(6,865		)	(113,449		)	41,601
Net income attributable to the noncontrolling interests	—			—			—			(299		)	33			(266		)
Net income (loss) attributable to Sinclair Broadcast Group	$	41,335		$	42,349		$	78,231		$	(7,164	)	$	(113,416	)	$	41,335
Comprehensive income (loss)	$	42,247		$	42,515		$	78,231		$	(5,887	)	$	(114,859	)	$	42,247
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE THREE MONTHS ENDED June 30, 2013
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
Net revenue	$	—		$	—		$	297,175		$	33,515		$	(16,536	)	$	314,154
Program and production	—			63			87,474			9,031			(10,874		)	85,694
Selling, general and administrative	954			10,211			52,151			6,552			(5,124		)	64,744
Depreciation, amortization and other operating expenses	348			630			56,004			16,566			5,888			79,436
Total operating expenses	1,302			10,904			195,629			32,149			(10,110		)	229,874
Operating (loss) income	(1,302		)	(10,904		)	101,546			1,366			(6,426		)	84,280
Equity in earnings of consolidated subsidiaries	18,227			62,525			(30		)	—			(80,722		)	—
Interest expense	(389		)	(42,758		)	(1,224		)	(6,302		)	5,208			(45,465		)
Other income (expense)	1,077			(11,069		)	(5,436		)	5,163			(5,940		)	(16,205		)
Total other income (expense)	18,915			8,698			(6,690		)	(1,139		)	(81,454		)	(61,670		)
Income tax benefit (provision)	213			22,992			(32,297		)	(562		)	—			(9,654		)
Income from discontinued operations	—			5,013			90			—			—			5,103
Net income (loss)	17,826			25,799			62,649			(335		)	(87,880		)	18,059
Net income attributable to the noncontrolling interests	—			—			—			(233		)	—			(233		)
Net income (loss) attributable to Sinclair Broadcast Group	$	17,826		$	25,799		$	62,649		$	(568	)	$	(87,880	)	$	17,826
Comprehensive income (loss)	$	18,020		$	25,759		$	62,649		$	(568	)	$	(87,840	)	$	18,020
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2014
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
Net revenue	$	—		$	—		$	820,414		$	88,954		$	(41,584	)	$	867,784
Program and production	—			190			260,173			39,903			(38,924		)	261,342
Selling, general and administrative	2,040			28,545			160,826			7,494			(1,147		)	197,758
Depreciation, amortization and other operating expenses	534			2,245			180,279			42,382			(795		)	224,645
Total operating expenses	2,574			30,980			601,278			89,779			(40,866		)	683,745
Operating (loss) income	(2,574		)	(30,980		)	219,136			(825		)	(718		)	184,039
Equity in earnings of consolidated subsidiaries	69,349			137,652			—			—			(207,001		)	—
Interest expense	(308		)	(73,830		)	(2,466		)	(13,527		)	10,472			(79,659		)
Other income (expense)	1,587			382			558			285			(40		)	2,772
Total other income (expense)	70,628			64,204			(1,908		)	(13,242		)	(196,569		)	(76,887		)
Income tax benefit (provision)	439			36,476			(76,733		)	1,924			—			(37,894		)
Net income (loss)	68,493			69,700			140,495			(12,143		)	(197,287		)	69,258
Net income attributable to the noncontrolling interests	—			—			—			(798		)	33			(765		)
Net income (loss) attributable to Sinclair Broadcast Group	$	68,493		$	69,700		$	140,495		$	(12,941	)	$	(197,254	)	$	68,493
Comprehensive income (loss)	$	69,942		$	69,780		$	140,495		$	(11,539	)	$	(198,736	)	$	69,942
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2013
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
Net revenue	$	—		$	—		$	567,722		$	57,432		$	(28,382	)	$	596,772
Program and production	—			95			170,174			14,619			(18,761		)	166,127
Selling, general and administrative	1,778			20,128			103,354			12,241			(9,569		)	127,932
Depreciation, amortization and other operating expenses	690			929			118,107			31,547			3,504			154,777
Total operating expenses	2,468			21,152			391,635			58,407			(24,826		)	448,836
Operating (loss) income	(2,468		)	(21,152		)	176,087			(975		)	(3,556		)	147,936
Equity in earnings of consolidated subsidiaries	36,076			109,242			(60		)	—			(145,258		)	—
Interest expense	(700		)	(77,992		)	(2,338		)	(12,489		)	10,357			(83,162		)
Other income (expense)	2,033			(3,631		)	(12,724		)	3,906			(6,384		)	(16,800		)
Total other income (expense)	37,409			27,619			(15,122		)	(8,583		)	(141,285		)	(99,962		)
Income tax benefit (provision)	(118		)	30,978			(51,031		)	1,668			—			(18,503		)
Income from discontinued operations	—			4,955			503			—			—			5,458
Net income (loss)	34,823			42,400			110,437			(7,890		)	(144,841		)	34,929
Net income attributable to the noncontrolling interests	—			—			—			(106		)	—			(106		)
Net income (loss) attributable to Sinclair Broadcast Group	$	34,823		$	42,400		$	110,437		$	(7,996	)	$	(144,841	)	$	34,823
Comprehensive income (loss)	$	34,851		$	42,322		$	110,437		$	(7,996	)	$	(144,763	)	$	34,851
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED June 30, 2014
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	$	(2,354	)	$	(73,198	)	$	232,107		$	19,126		$	4,303		$	179,984
CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
Acquisition of property and equipment	—			(2,935		)	(21,993		)	(1,659		)	—			(26,587		)
Purchase of alarm monitoring contracts	—			—			—			(7,835		)	—			(7,835		)
Decrease in restricted cash	—			(900		)	217						—			(683		)
Investments in equity and cost method investees	—			—			—			(6,167		)	—			(6,167		)
Payments for acquisition of assets in other operating divisions	—			—			—			(8,273		)	—			(8,273		)
Proceeds from termination of life insurance policies	—			17,042			—			—			—			17,042
Other, net	1,000			—			264			(67		)	—			1,197
Net cash flows (used in) from investing activities	1,000			13,207			(21,512		)	(24,001		)	—			(31,306		)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Proceeds from notes payable, commercial bank financing and capital leases	—			91,796			—			10,928			—			102,724
Repayments of notes payable, commercial bank financing and capital leases	(268		)	(17,056		)	(482		)	(3,308		)	—			(21,114		)
Dividends paid on Class A and Class B Common Stock	(29,284		)	—			—			—			—			(29,284		)
Repurchase of outstanding Class A Common Stock	(82,371		)	—			—			—			—			(82,371		)
Increase (decrease) in intercompany payables	111,767			130,501			(238,219		)	254			(4,303		)	—
Other, net	1,510			(235		)	—			(4,466		)	—			(3,191		)
Net cash flows (used in) from financing activities	1,354			205,006			(238,701		)	3,408			(4,303		)	(33,236		)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	—			145,015			(28,106		)	(1,467		)	—			115,442
CASH AND CASH EQUIVALENTS, beginning of period	—			237,974			28,594			13,536			—			280,104
CASH AND CASH EQUIVALENTS, end of period	$	—		$	382,989		$	488		$	12,069		$	—		$	395,546
CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
FOR THE SIX MONTHS ENDED June 30, 2013
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	$	(30,295	)	$	(107,075	)	$	187,733		$	7,027		$	(4,020	)	$	53,370
CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
Acquisition of property and equipment	—			(1,112		)	(14,484		)	(1,570		)	—			(17,166		)
Payments for acquisitions of television stations	—			—			(96,160		)	—			—			(96,160		)
Payments for acquisitions in other operating divisions	—			—			—			(4,650		)	—			(4,650		)
Purchase of alarm monitoring contracts	—			—			—			(6,284		)	—			(6,284		)
Proceeds from sale of broadcast assets	—			—			27,992			—			—			27,992
Decrease in restricted cash	—			(33,634		)	—			—			—			(33,634		)
Other, net	711			—			173			12,245			(9,863		)	3,266
Net cash flows (used in) from investing activities	711			(34,746		)	(82,479		)	(259		)	(9,863		)	(126,636		)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Proceeds from notes payable, commercial bank financing and capital leases	—			1,148,500			—			13,844			—			1,162,344
Repayments of notes payable, commercial bank financing and capital leases	(234		)	(984,755		)	(372		)	(6,363		)	—			(991,724		)
Proceeds from the sale of common stock	472,400			—			—			—			—			472,400
Dividends paid on Class A and Class B Common Stock	(27,210		)	—			(2		)	—			240			(26,972		)
Increase (decrease) in intercompany payables	(416,440		)	504,822			(98,340		)	(3,685		)	13,643			—
Other, net	1,068			(16,749		)	(349		)	1,195			—			(14,835		)
Net cash flows (used in) from financing activities	29,584			651,818			(99,063		)	4,991			13,883			601,213
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	—			509,997			6,191			11,759			—			527,947
CASH AND CASH EQUIVALENTS, beginning of period	—			7,230			199			15,436			—			22,865
CASH AND CASH EQUIVALENTS, end of period	$	—		$	517,227		$	6,390		$	27,195		$	—		$	550,812

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Policies)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	'
Principles of Consolidation	'
	Principles of Consolidation
	The consolidated financial statements include our accounts and those of our wholly-owned and majority-owned subsidiaries and VIEs for which we are the primary beneficiary.  Noncontrolling interests represents a minority owner’s proportionate share of the equity in certain of our consolidated entities.  All intercompany transactions and account balances have been eliminated in consolidation.
Discontinued Operations	'
	Discontinued Operations
	In accordance with Financial Accounting Standards Board’s (FASB) guidance on reporting assets held for sale, we reported the results of operations of our stations in Lansing, Michigan (WLAJ-TV) and Providence, Rhode Island (WLWC-TV), as discontinued operations consolidated statements of operations.  Discontinued operations have not been segregated in the consolidated statements of cash flows and, therefore, amounts for certain captions will not agree with the accompanying consolidated statements of operations.  The operating results of WLAJ-TV, which was sold effective March 1, 2013 for $14.4 million, and WLWC-TV, which was sold effective April 1, 2013 for $13.8 million, are not included in our consolidated results of operations from continuing operations for the three and six months ending June 30, 2013. Total revenues for WLAJ-TV and WLWC-TV, which are included in discontinued operations for the six months ending June 30, 2013, were $0.6 million and $1.6 million, respectively.  Total income before taxes for WLAJ-TV and WLWC-TV, which are included in discontinued operations for the six months ending June 30, 2013, are $0.2 million and $0.4 million, respectively. The resulting gain on the sale of these stations in 2013 was negligible.  Basic and diluted earnings per share from discontinued operations was less than $0.01 per share for the quarter ended June 30, 2013.
Variable Interest Entities	'
	Variable Interest Entities
	In determining whether we are the primary beneficiary of a VIE for financial reporting purposes, we consider whether we have the power to direct the activities of the VIE that most significantly impact the economic performance of the VIE and whether we have the obligation to absorb losses or the right to receive returns that would be significant to the VIE.  We consolidate VIEs when we are the primary beneficiary.  The assets of each of our consolidated VIEs can only be used to settle the obligations of the VIE.  All the liabilities are non-recourse to us except for certain debt of VIEs which we guarantee.
	We have entered into local marketing agreements (LMAs) to provide programming, sales and managerial services for seven television stations of Cunningham Broadcasting Company (Cunningham), the license owner of these television stations as of June 30, 2014.  We pay LMA fees to Cunningham and also reimburse all operating expenses.  We also have an acquisition agreement in which we have a purchase option to buy the license assets of these television stations which includes the FCC license and certain other assets used to operate the station (License Assets).  Our applications to acquire these FCC license related assets are pending FCC approval.  We also perform sales and other non-programming support services to two other stations owned by Cunningham (acquired in November 2013) pursuant to joint sales agreements (JSAs) and shared services agreements (SSAs).  We have purchase options to acquire the license assets of these stations.  We own the majority of the non-license assets of these nine Cunningham stations and we have guaranteed the debt of Cunningham.  We have determined that Cunningham and these nine stations are VIEs and that based on the terms of the agreements, the significance of our investment in the stations and our guarantee of the debt of Cunningham, we are the primary beneficiary of the variable interests because, subject to the ultimate control of the licensees, we have the power to direct the activities which significantly impact the economic performance of the VIEs through the services we provide and we absorb losses and returns that would be considered significant to Cunningham.  Effective July 31, 2014, concurrent with the Allbritton acquisition, we terminated the LMA with WTAT (FOX) in Charleston, SC and sold to Cunningham, the license owner of WTAT, the non-license assets related to this station for $14.0 million.  Although we have no continuing involvement in the operations of this station, because Cunningham is a consolidated VIE, the assets of WTAT will not be derecognized and the transaction will be accounted for as transaction between parties under common control.  Therefore no gain or loss will be recognized in the consolidated statement of operations upon the sale to Cunningham.  See Note 5. Related Person Transactions for more information on our arrangements with Cunningham.  The net revenues of these stations which we consolidate were $28.7 million and $26.5 million for the three months ended June 30, 2014 and 2013, respectively.  The net revenues of these stations which we consolidate were $56.4 million and $51.2 million for the six months ended June 30, 2014 and 2013, respectively. The fees paid between us and Cunningham pursuant to these arrangements are eliminated in consolidation.  See Changes in the Rules of Television Ownership and Joint Sale Agreements in Note 3. Commitment and Contingencies for discussion of recent changes in FCC rules related to JSAs.
	We have certain LMAs and outsourcing agreements, including certain JSAs and SSAs, with certain other license owners under which we provide certain non-programming related sales, operational and administrative services, and programming for these LMAs.  The terms of the agreements vary, but generally have initial terms of over five years with several optional renewal terms.  We own the majority of the non-license assets of these stations and in certain cases have guaranteed the debt of the licensee.  We also have purchase options to buy the assets of the licensees.  We have determined that these licensees (19 and 12 licenses as of June 30, 2014 and 2013, respectively) are VIEs, and, based on the terms of the agreements and the significance of our investment in the stations, we are the primary beneficiary of the variable interests because, subject to the ultimate control of the licensees, we have the power to direct the activities which significantly impact the economic performance of the VIE through the services we provide and because we absorb losses and returns that would be considered significant to the VIEs.  The net revenues of these stations which we consolidate were $43.1 million and $30.8 million for the three months ended June 30, 2014 and 2013, respectively. The net revenues of these stations which we consolidate were $81.8 million and $63.3 million for the six months ended June 30, 2014 and 2013, respectively.  The fees paid between us and other license owners pursuant to these arrangements are eliminated in consolidation.  See Changes in the Rules of Television Ownership and Joint Sale Agreements in Note 3. Commitment and Contingencies for discussion of recent changes in FCC rules related to JSAs.
	As of the dates indicated, the carrying amounts and classification of the assets and liabilities of the VIEs mentioned above which have been included in our consolidated balance sheets for the periods presented (in thousands):
		June 30,		December 31,
		2014		2013
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	4,932	$	4,916
	Accounts receivable	19,569		18,468
	Current portion of program contract costs	5,164		10,725
	Prepaid expenses and other current assets	443		247
	Total current assets	30,108		34,356
	PROGRAM CONTRACT COSTS, less current portion	4,830		5,075
	PROPERTY AND EQUIPMENT, net	14,376		11,081
	GOODWILL	6,357		6,357
	BROADCAST LICENSES	16,768		16,768
	DEFINITE-LIVED INTANGIBLE ASSETS, net	97,297		97,496
	OTHER ASSETS	23,370		22,935
	Total assets	$	193,106	$	194,068
	LIABILITIES
	CURRENT LIABILITIES:
	Accounts payable	$	44	$	86
	Accrued liabilities	3,532		2,536
	Current portion of notes payable, capital leases and commercial bank financing	5,731		5,731
	Current portion of program contracts payable	4,364		11,552
	Total current liabilities	13,671		19,905
	LONG-TERM LIABILITIES:
	Notes payable, capital leases and commercial bank financing, less current portion	46,960		49,850
	Program contracts payable, less current portion	6,504		6,597
	Long term liabilities	9,542		10,838
	Total liabilities	$	76,677	$	87,190
	The amounts above represent the consolidated assets and liabilities of the VIEs described above, for which we are the primary beneficiary, and have been aggregated as they all relate to our broadcast business.  Excluded from the amounts above are payments made to Cunningham under the LMAs, a portion of which is treated as a prepayment of the purchase price of the stations, and capital leases between us and Cunningham which are eliminated in consolidation.  The total payments made under these LMAs as of June 30, 2014 and December 31, 2013, which are excluded from liabilities above, were $34.2 million and $32.4 million, respectively.  The total capital lease liabilities excluded from above were $11.2 million as of June 30, 2014 and December 31, 2013, respectively.  Also excluded from the amounts above are liabilities associated with the certain LMAs and outsourcing agreements and purchase options with certain VIEs totaling $62.2 million and $59.9 million as of June 30, 2014 and December 31, 2013, respectively, as these amounts are eliminated in consolidation.  The risk and reward characteristics of the VIEs are similar.
	We have investments in other real estate ventures and investment companies which are considered VIEs.  However, we do not participate in the management of these entities including the day-to-day operating decisions or other decisions which would allow us to control the entity, and therefore, we are not considered the primary beneficiary of these VIEs.  We account for these entities using the equity or cost method of accounting.
	The carrying amounts of our investments in these VIEs for which we are not the primary beneficiary as of June 30, 2014 and December 31, 2013 was $24.4 million and $26.7 million, respectively, which are included in other assets in the consolidated balance sheets.  Our maximum exposure is equal to the carrying value of our investments.  The income and loss related to these investments are recorded in income from equity and cost method investments in the consolidated statement of operations.  We recorded income of $0.7 million and $0.9 million in the three and six months ended June 30, 2014 and $0.3 million and $0.7 million in the three and six months ended June 30 2013, respectively.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In April 2014, the FASB issued new guidance that changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. Under the new guidance, a discontinued operation is defined as a disposal of a component or group of components that is disposed of and represents a strategic shift that has, or will have, a major effect on an entity’s operations and financial results. The revised guidance will become effective for annual fiscal periods beginning after December 15, 2014.  Under the revised guidance, we expect that it will be less likely for any future sales of assets, asset groups, or stations to be considered discontinued operations because such sales would need to represent a strategic shift and have a major effect on our future operations.  Historically, under the previous guidance, sales of minor components of our business were required to be classified as discontinued operations.
	In May 2014, the FASB issued new guidance on revenue recognition for revenue from contracts with customers. This guidance requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers and will replace most existing revenue recognition guidance when it becomes effective. This new standard is effective for annual reporting periods beginning after December 15, 2016. Early application is not permitted and the standard permits the use of either the retrospective or cumulative effect transition method. We are currently evaluating the impact of this requirement on our financial statements.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in accordance with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses in the consolidated financial statements and in the disclosures of contingent assets and liabilities.  Actual results could differ from those estimates.
Restricted Cash	'
	Restricted Cash
	During 2014 and 2013, we entered into certain definitive agreements to purchase assets related to pending acquisitions, which required certain deposits to be made into escrow accounts. As of June 30, 2014 and December 31, 2013, we held $12.4 million and $11.4 million, respectively, in restricted cash classified as noncurrent related to the amounts held in escrow for these acquisitions.
Revenue Recognition	'
	Revenue Recognition
	Total revenues include: (i) cash and barter advertising revenues, net of agency commissions; (ii) retransmission consent fees; (iii) network compensation; (iv) other broadcast revenues and (v) revenues from our other operating divisions.
	Advertising revenues, net of agency commissions, are recognized in the period during which time spots are aired.
	Our retransmission consent agreements contain both advertising and retransmission consent elements.  We have determined that our retransmission consent agreements are revenue arrangements with multiple deliverables.  Advertising and retransmission consent deliverables sold under our agreements are separated into different units of accounting at fair value.   Revenue applicable to the advertising element of the arrangement is recognized similar to the advertising revenue policy noted above.  Revenue applicable to the retransmission consent element of the arrangement is recognized over the life of the agreement.
	Network compensation revenue is recognized over the term of the contract. All other revenues are recognized as services are provided.
Share Repurchase Program	'
	Share Repurchase Program
	On October 28, 1999, we announced a $150.0 million share repurchase program, which was renewed on February 6, 2008.   On March 20, 2014, the Board of Directors authorized an additional $150.0 million share repurchase authorization. There is no expiration date, and currently management has no plans to terminate this program.  For the six months ended June 30, 2014, we have purchased approximately 2.9 million shares for $82.4 million.  For the three months ended June 30, 2014, we purchased zero shares.  As of June 30, 2014, the total remaining authorization was $185.1 million.
Income Taxes	'
	Income Taxes
	Our income tax provision for all periods consists of federal and state income taxes.  The tax provision for the three and six months ended June 30, 2014 and 2013 is based on the estimated effective tax rate applicable for the full year after taking into account discrete tax items and the effects of the noncontrolling interests. We provide a valuation allowance for deferred tax assets if we determine that it is more likely than not that some or all of the deferred tax assets will not be realized.  In evaluating our ability to realize net deferred tax assets, we consider all available evidence, both positive and negative, including our past operating results, tax planning strategies and forecasts of future taxable income.  In considering these sources of taxable income, we must make certain judgments that are based on the plans and estimates used to manage our underlying businesses on a long-term basis.  A valuation allowance has been provided for deferred tax assets related to a substantial portion of our available state net operating loss (NOL) carryforwards, based on past operating results, expected timing of the reversals of existing temporary book/tax basis differences, alternative tax strategies and projected future taxable income.
	Our effective income tax rate for the three and six months ended June 30, 2014 approximated the statutory rate. Our effective income tax rate for the three months and six months ended June 30, 2013 was greater than the statutory rate primarily due to an increase in the state income tax reserves related to an ongoing audit.
	We believe it is reasonably possible that our liability for unrecognized tax benefits related to continuing operations could be reduced by up to $11.0 million, in the next twelve months, as a result of expected statute of limitations expirations, the application of limits under available state administrative practice exceptions, and the resolution of examination issues and settlements with federal and certain state tax authorities.
Reclassifications	'
	Reclassifications
	Certain reclassifications have been made to prior years’ consolidated financial statements to conform to the current year’s presentation.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Tables)	6 Months Ended
	Jun. 30, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES:	'
Schedule of carrying amounts and classification of assets and liabilities of VIEs	'
		June 30,		December 31,
		2014		2013
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	4,932	$	4,916
	Accounts receivable	19,569		18,468
	Current portion of program contract costs	5,164		10,725
	Prepaid expenses and other current assets	443		247
	Total current assets	30,108		34,356
	PROGRAM CONTRACT COSTS, less current portion	4,830		5,075
	PROPERTY AND EQUIPMENT, net	14,376		11,081
	GOODWILL	6,357		6,357
	BROADCAST LICENSES	16,768		16,768
	DEFINITE-LIVED INTANGIBLE ASSETS, net	97,297		97,496
	OTHER ASSETS	23,370		22,935
	Total assets	$	193,106	$	194,068
	LIABILITIES
	CURRENT LIABILITIES:
	Accounts payable	$	44	$	86
	Accrued liabilities	3,532		2,536
	Current portion of notes payable, capital leases and commercial bank financing	5,731		5,731
	Current portion of program contracts payable	4,364		11,552
	Total current liabilities	13,671		19,905
	LONG-TERM LIABILITIES:
	Notes payable, capital leases and commercial bank financing, less current portion	46,960		49,850
	Program contracts payable, less current portion	6,504		6,597
	Long term liabilities	9,542		10,838
	Total liabilities	$	76,677	$	87,190

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2014
Acquisitions	'
Schedule of unaudited pro forma results of continuing operations	'
	The following table sets forth unaudited pro forma results of continuing operations for the three and six months ended June 30, 2013, assuming that the acquisitions of the Fisher and Barrington stations discussed above, along with transactions necessary to finance the acquisitions, occurred at the beginning of the annual period presented (in thousands, except per share data):
		Three Months Ended June 30,			Six Months Ended June 30,
		2013			2013
	Total revenues	$	390,544		$	741,649
	Net Income	$	16,009		$	24,889
	Net Income attributable to Sinclair Broadcast Group from continuing operations	$	15,776		$	24,783
	Basic earnings per share attributable to Sinclair Broadcast Group from continuing operations	$	0.12		$	0.22
	Diluted earnings per share attributable to Sinclair Broadcast Group from continuing operations	$	0.11		$	0.22
Fisher Communications	'
Acquisitions	'
Schedule of initial allocated fair value of acquired assets and liabilities assumed	'
	The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Cash	$	13,531
	Accounts receivable	29,962
	Prepaid expenses and other current assets	19,133
	Program contract costs	11,427
	Property and equipment	73,968
	Broadcast licenses	30,977
	Definite-lived intangible assets	166,378
	Other assets	7,683
	Assets held for sale	6,339
	Accounts payable and accrued liabilities	(20,127		)
	Program contracts payable	(10,977		)
	Deferred tax liability	(74,877		)
	Other long-term liabilities	(22,127		)
	Fair value of identifiable net assets acquired	231,290
	Goodwill	142,959
	Less: fair value of non-controlling interests	(1,053		)
	Total	$	373,196
Barrington Broadcasting Company, LLC	'
Acquisitions	'
Schedule of initial allocated fair value of acquired assets and liabilities assumed	'
	The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Prepaid expenses and other current assets	$	681
	Program contract costs	3,960
	Property and equipment	73,621
	Broadcast licenses	2,948
	Definite-lived intangible assets	217,818
	Accounts payable and accrued liabilities	(2,725		)
	Program contracts payable	(3,813		)
	Other long-term liabilities	(65		)
	Fair value of identifiable net assets acquired	292,425
	Goodwill	75,261
	Total	$	367,686
Other acquisitions	'
Acquisitions	'
Schedule of initial allocated fair value of acquired assets and liabilities assumed	'
	The allocated fair value of acquired assets and assumed liabilities is summarized as follows (in thousands):
	Accounts receivable	$	8,226
	Prepaid expenses and other current assets	5,217
	Program contract costs	6,182
	Property and equipment	54,148
	Deferred tax asset	3,888
	Broadcast licenses	3,736
	Definite-lived intangible assets	147,191
	Accrued liabilities	(3,926		)
	Program contracts payable	(6,331		)
	Other long term liabilities	(10,300		)
	Fair value of identifiable net assets acquired	208,031
	Goodwill	74,847
	Total	$	282,878

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2014
EARNINGS PER SHARE	'
Schedule of reconciliation of income (numerator) and shares (denominator) used in computation of diluted earnings per share	'
	The following table reconciles income (numerator) and shares (denominator) used in our computations of diluted earnings per share for the periods presented (in thousands):
		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
	Income (Numerator)
	Income from continuing operations	$	41,601		$	12,956		$	69,258		$	29,471
	Income impact of assumed conversion of the 4.875% Notes, net of taxes	—			45			—			90
	Income impact of assumed conversion of the 3.0% Notes, net of taxes	—			26			—			53
	Net (income) attributable to noncontrolling interests included in continuing operations	(266		)	(233		)	(765		)	(106		)
	Numerator for diluted earnings per common share from continuing operations available to common shareholders	41,335			12,794			68,493			29,508
	Income from discontinued operations, net of taxes	—			5,103			—			5,458
	Numerator for diluted earnings available to common shareholders	$	41,335		$	17,897		$	68,493		$	34,966
	Shares (Denominator)
	Weighted-average common shares outstanding	97,174			92,083			97,994			86,667
	Dilutive effect of stock settled appreciation rights, restricted stock awards and outstanding stock options	690			871			684			547
	Dilutive effect of 4.875% Notes	—			339			—			339
	Dilutive effect of 3.0% Notes	—			311			—			311
	Weighted-average common and common equivalent shares outstanding	97,864			93,604			98,678			87,864

SEGMENT_DATA_Tables

SEGMENT DATA (Tables)	6 Months Ended
	Jun. 30, 2014
SEGMENT DATA	'
Schedule of segment financial information	'
	Segment financial information is included in the following tables for the periods presented (in thousands):
	For the three months ended June 30, 2014	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	437,487	$	17,649		$	—		$	455,136
	Depreciation of property and equipment	24,422		563			267			25,252
	Amortization of definite-lived intangible assets and other assets	23,351		1,638			—			24,989
	Amortization of program contract costs and net realizable value adjustments	23,574		—			—			23,574
	General and administrative overhead expenses	14,253		416			2,734			17,403
	Operating income (loss)	105,460		580			(3,001		)	103,039
	Interest expense	—		1,031			39,090			40,121
	Income from equity and cost method investments	—		742			—			742
	Assets	3,361,951		319,850			500,161			4,181,962
	For the three months ended June 30, 2013	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	301,316	$	12,838		$	—		$	314,154
	Depreciation of property and equipment	14,377		379			349			15,105
	Amortization of definite-lived intangible assets and other assets	14,369		1,188			—			15,557
	Amortization of program contract costs and net realizable value adjustments	18,656		—			—			18,656
	General and administrative overhead expenses	10,230		263			954			11,447
	Operating income (loss)	85,312		271			(1,303		)	84,280
	Interest expense	—		808			44,657			45,465
	Loss from equity and cost method investments	—		(404		)	—			(404		)
	For the six months ended June 30, 2014	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	835,393	$	32,391		$	—		$	867,784
	Depreciation of property and equipment	47,939		1,157			534			49,630
	Amortization of definite-lived intangible assets and other assets	46,514		3,203			—			49,717
	Amortization of program contract costs and net realizable value adjustments	47,515		—			—			47,515
	General and administrative overhead expenses	28,982		668			3,588			33,238
	Operating income (loss)	187,580		581			(4,122		)	184,039
	Interest expense	—		1,950			77,709			79,659
	Income from equity and cost method investments	—		840			—			840
	Assets	3,361,951		319,850			500,161			4,181,962
	For the six months ended June 30, 2013	Broadcast		Other			Corporate			Consolidated
				Operating
				Divisions
	Revenue	$	572,472	$	24,300		$	—		$	596,772
	Depreciation of property and equipment	28,161		848			691			29,700
	Amortization of definite-lived intangible assets and other assets	29,238		2,321			—			31,559
	Amortization of program contract costs and net realizable value adjustments	37,517		—			—			37,517
	General and administrative overhead expenses	20,359		560			1,778			22,697
	Operating income (loss)	150,442		(37		)	(2,469		)	147,936
	Interest expense	—		1,539			81,623			83,162
	Loss from equity and cost method investments	—		(1,456		)	—			(1,456		)

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS: (Tables)	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS:	'
Schedule of carrying value and fair value of notes and debentures	'
	The carrying value and fair value of our notes and debentures for the periods presented (in thousands):
		As of June 30, 2014				As of December 31, 2013
		Carrying Value		Fair Value		Carrying Value		Fair Value
	Level 2:
	8.375% Senior Notes due 2018	$	235,422	$	252,114	$	235,225	$	259,547
	6.375% Senior Unsecured Notes due 2021	350,000		372,313		350,000		360,938
	6.125% Senior Unsecured Notes due 2022	500,000		525,000		500,000		497,525
	5.375% Senior Unsecured Notes due 2021	600,000		607,500		600,000		582,078
	Term Loan A	580,700		574,533		500,000		495,000
	Term Loan B	639,757		634,926		642,734		641,205
	Debt of variable interest entities	52,691		52,691		55,581		55,581
	Debt of other operating divisions	96,377		96,377		86,263		86,263

CONDENSED_CONSOLIDATING_FINANC1

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS: (Tables)	6 Months Ended
	Jun. 30, 2014
CONDENSED CONSOLIDATING FINANCIAL STATEMENTS:	'
Schedule of condensed consolidating balance sheet	'
	CONDENSED CONSOLIDATING BALANCE SHEET
	AS OF June 30, 2014
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	Cash	$	—		$	382,989		$	488		$	12,069		$	—		$	395,546
	Accounts and other receivables	44			1,534			271,765			29,479			(2,326		)	300,496
	Other current assets	—			17,090			71,307			15,267			(36,701		)	66,963
	Total current assets	44			401,613			343,560			56,815			(39,027		)	763,005
	Property and equipment, net	4,483			14,160			465,210			160,304			(8,045		)	636,112
	Investment in consolidated subsidiaries	333,022			2,382,613			4,179			—			(2,719,814		)	—
	Restricted cash — long-term	—			12,430			—			—			—			12,430
	Other long-term assets	71,570			561,885			54,034			138,167			(599,705		)	225,951
	Total other long-term assets	404,592			2,956,928			58,213			138,167			(3,319,519		)	238,381
	Goodwill and other intangible assets	—			—			2,439,387			203,481			(98,404		)	2,544,464
	Total assets	$	409,119		$	3,372,701		$	3,306,370		$	558,767		$	(3,464,995	)	$	4,181,962
	Accounts payable and accrued liabilities	$	445		$	50,829		$	128,759		$	51,611		$	(34,281	)	$	197,363
	Current portion of long-term debt	599			47,125			1,172			7,138			—			56,034
	Current portion of affiliate long-term debt	1,377			—			1,192			926			(926		)	2,569
	Other current liabilities	565			—			74,725			6,304			(876		)	80,718
	Total current liabilities	2,986			97,954			205,848			65,979			(36,083		)	336,684
	Long-term debt	217			2,858,754			35,062			144,735			—			3,038,768
	Affiliate long-term debt	4,256			—			13,352			311,208			(311,210		)	17,606
	Other liabilities	38,882			24,869			667,646			150,315			(462,981		)	418,731
	Total liabilities	46,341			2,981,577			921,908			672,237			(810,274		)	3,811,789
	Total Sinclair Broadcast Group equity (deficit)	362,778			391,124			2,384,462			(120,865		)	(2,654,721		)	362,778
	Noncontrolling interests in consolidated subsidiaries	—			—			—			7,395			—			7,395
	Total liabilities and equity (deficit)	$	409,119		$	3,372,701		$	3,306,370		$	558,767		$	(3,464,995	)	$	4,181,962
	CONDENSED CONSOLIDATING BALANCE SHEET
	AS OF DECEMBER 31, 2013
	(in thousands)
		Sinclair			Sinclair			Guarantor			Non-Guarantor			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Subsidiaries						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,
								LLC
	Cash	$	—		$	237,974		$	28,594		$	13,536		$	—		$	280,104
	Accounts and other receivables	59			818			281,822			27,479			(1,022		)	309,156
	Other current assets	5,500			25,887			67,279			16,391			(6,446		)	108,611
	Total current assets	5,559			264,679			377,695			57,406			(7,468		)	697,871
	Property and equipment, net	5,017			13,561			454,917			130,019			(7,443		)	596,071
	Investment in consolidated subsidiaries	363,231			2,508,058			4,179			—			(2,875,468		)	—
	Restricted cash — long term	—			11,524			223			—			—			11,747
	Other long-term assets	78,849			503,674			62,435			132,840			(544,881		)	232,917
	Total other long-term assets	442,080			3,023,256			66,837			132,840			(3,420,349		)	244,664
	Goodwill and other intangible assets	—			—			2,486,794			214,325			(92,253		)	2,608,866
	Total assets	$	452,656		$	3,301,496		$	3,386,243		$	534,590		$	(3,527,513	)	$	4,147,472
	Accounts payable and accrued liabilities	$	234		$	51,781		$	126,245		$	17,914		$	—		$	196,174
	Current portion of long-term debt	556			37,335			1,007			7,448			—			46,346
	Current portion of affiliate long-term debt	1,294			—			1,073			1,003			(1,003		)	2,367
	Other current liabilities	3,529			—			87,612			9,645			(2,292		)	98,494
	Total current liabilities	5,613			89,116			215,937			36,010			(3,295		)	343,381
	Long-term debt	529			2,793,334			35,709			136,830			—			2,966,402
	Affiliate long-term debt	4,972			—			13,984			294,919			(294,950		)	18,925
	Other liabilities	45,172			23,645			610,491			145,828			(412,076		)	413,060
	Total liabilities	56,286			2,906,095			876,121			613,587			(710,321		)	3,741,768
	Total Sinclair Broadcast Group equity (deficit)	396,370			395,401			2,510,122			(88,331		)	(2,817,192		)	396,370
	Noncontrolling interests in consolidated subsidiaries	—			—			—			9,334			—			9,334
	Total liabilities and equity (deficit)	$	452,656		$	3,301,496		$	3,386,243		$	534,590		$	(3,527,513	)	$	4,147,472
Schedule of condensed consolidating statement of operations and comprehensive income	'
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
	FOR THE THREE MONTHS ENDED June 30, 2014
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	Net revenue	$	—		$	—		$	430,334		$	47,527		$	(22,725	)	$	455,136
	Program and production	—			114			133,440			21,492			(20,743		)	134,303
	Selling, general and administrative	1,155			14,000			80,324			5,094			(575		)	99,998
	Depreciation, amortization and other operating expenses	267			1,138			93,889			23,222			(720		)	117,796
	Total operating expenses	1,422			15,252			307,653			49,808			(22,038		)	352,097
	Operating (loss) income	(1,422		)	(15,252		)	122,681			(2,281		)	(687		)	103,039
	Equity in earnings of consolidated subsidiaries	42,662			75,388			—			—			(118,050		)	—
	Interest expense	(149		)	(37,082		)	(1,224		)	(6,974		)	5,308			(40,121		)
	Other income (expense)	941			86			465			285			(20		)	1,757
	Total other income (expense)	43,454			38,392			(759		)	(6,689		)	(112,762		)	(38,364		)
	Income tax benefit (provision)	(697		)	19,209			(43,691		)	2,105			—			(23,074		)
	Net income (loss)	41,335			42,349			78,231			(6,865		)	(113,449		)	41,601
	Net income attributable to the noncontrolling interests	—			—			—			(299		)	33			(266		)
	Net income (loss) attributable to Sinclair Broadcast Group	$	41,335		$	42,349		$	78,231		$	(7,164	)	$	(113,416	)	$	41,335
	Comprehensive income (loss)	$	42,247		$	42,515		$	78,231		$	(5,887	)	$	(114,859	)	$	42,247
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
	FOR THE THREE MONTHS ENDED June 30, 2013
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	Net revenue	$	—		$	—		$	297,175		$	33,515		$	(16,536	)	$	314,154
	Program and production	—			63			87,474			9,031			(10,874		)	85,694
	Selling, general and administrative	954			10,211			52,151			6,552			(5,124		)	64,744
	Depreciation, amortization and other operating expenses	348			630			56,004			16,566			5,888			79,436
	Total operating expenses	1,302			10,904			195,629			32,149			(10,110		)	229,874
	Operating (loss) income	(1,302		)	(10,904		)	101,546			1,366			(6,426		)	84,280
	Equity in earnings of consolidated subsidiaries	18,227			62,525			(30		)	—			(80,722		)	—
	Interest expense	(389		)	(42,758		)	(1,224		)	(6,302		)	5,208			(45,465		)
	Other income (expense)	1,077			(11,069		)	(5,436		)	5,163			(5,940		)	(16,205		)
	Total other income (expense)	18,915			8,698			(6,690		)	(1,139		)	(81,454		)	(61,670		)
	Income tax benefit (provision)	213			22,992			(32,297		)	(562		)	—			(9,654		)
	Income from discontinued operations	—			5,013			90			—			—			5,103
	Net income (loss)	17,826			25,799			62,649			(335		)	(87,880		)	18,059
	Net income attributable to the noncontrolling interests	—			—			—			(233		)	—			(233		)
	Net income (loss) attributable to Sinclair Broadcast Group	$	17,826		$	25,799		$	62,649		$	(568	)	$	(87,880	)	$	17,826
	Comprehensive income (loss)	$	18,020		$	25,759		$	62,649		$	(568	)	$	(87,840	)	$	18,020
	CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
	FOR THE SIX MONTHS ENDED JUNE 30, 2014
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	Net revenue	$	—		$	—		$	820,414		$	88,954		$	(41,584	)	$	867,784
	Program and production	—			190			260,173			39,903			(38,924		)	261,342
	Selling, general and administrative	2,040			28,545			160,826			7,494			(1,147		)	197,758
	Depreciation, amortization and other operating expenses	534			2,245			180,279			42,382			(795		)	224,645
	Total operating expenses	2,574			30,980			601,278			89,779			(40,866		)	683,745
	Operating (loss) income	(2,574		)	(30,980		)	219,136			(825		)	(718		)	184,039
	Equity in earnings of consolidated subsidiaries	69,349			137,652			—			—			(207,001		)	—
	Interest expense	(308		)	(73,830		)	(2,466		)	(13,527		)	10,472			(79,659		)
	Other income (expense)	1,587			382			558			285			(40		)	2,772
	Total other income (expense)	70,628			64,204			(1,908		)	(13,242		)	(196,569		)	(76,887		)
	Income tax benefit (provision)	439			36,476			(76,733		)	1,924			—			(37,894		)
Net income (loss)	68,493			69,700			140,495			(12,143		)	(197,287		)	69,258
Net income attributable to the noncontrolling interests	—			—			—			(798		)	33			(765		)
Net income (loss) attributable to Sinclair Broadcast Group	$	68,493		$	69,700		$	140,495		$	(12,941	)	$	(197,254	)	$	68,493
Comprehensive income (loss)	$	69,942		$	69,780		$	140,495		$	(11,539	)	$	(198,736	)	$	69,942
CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED JUNE 30, 2013
(in thousands) (unaudited)
	Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
	Broadcast			Television			Subsidiaries			Guarantor						Consolidated
	Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
							LLC
Net revenue	$	—		$	—		$	567,722		$	57,432		$	(28,382	)	$	596,772
Program and production	—			95			170,174			14,619			(18,761		)	166,127
Selling, general and administrative	1,778			20,128			103,354			12,241			(9,569		)	127,932
Depreciation, amortization and other operating expenses	690			929			118,107			31,547			3,504			154,777
Total operating expenses	2,468			21,152			391,635			58,407			(24,826		)	448,836
Operating (loss) income	(2,468		)	(21,152		)	176,087			(975		)	(3,556		)	147,936
Equity in earnings of consolidated subsidiaries	36,076			109,242			(60		)	—			(145,258		)	—
Interest expense	(700		)	(77,992		)	(2,338		)	(12,489		)	10,357			(83,162		)
Other income (expense)	2,033			(3,631		)	(12,724		)	3,906			(6,384		)	(16,800		)
Total other income (expense)	37,409			27,619			(15,122		)	(8,583		)	(141,285		)	(99,962		)
Income tax benefit (provision)	(118		)	30,978			(51,031		)	1,668			—			(18,503		)
Income from discontinued operations	—			4,955			503			—			—			5,458
Net income (loss)	34,823			42,400			110,437			(7,890		)	(144,841		)	34,929
Net income attributable to the noncontrolling interests	—			—			—			(106		)	—			(106		)
Net income (loss) attributable to Sinclair Broadcast Group	$	34,823		$	42,400		$	110,437		$	(7,996	)	$	(144,841	)	$	34,823
Comprehensive income (loss)	$	34,851		$	42,322		$	110,437		$	(7,996	)	$	(144,763	)	$	34,851
Schedule of condensed consolidating statement of cash flows	'
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	FOR THE SIX MONTHS ENDED June 30, 2014
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	$	(2,354	)	$	(73,198	)	$	232,107		$	19,126		$	4,303		$	179,984
	CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
	Acquisition of property and equipment	—			(2,935		)	(21,993		)	(1,659		)	—			(26,587		)
	Purchase of alarm monitoring contracts	—			—			—			(7,835		)	—			(7,835		)
	Decrease in restricted cash	—			(900		)	217						—			(683		)
	Investments in equity and cost method investees	—			—			—			(6,167		)	—			(6,167		)
	Payments for acquisition of assets in other operating divisions	—			—			—			(8,273		)	—			(8,273		)
	Proceeds from termination of life insurance policies	—			17,042			—			—			—			17,042
	Other, net	1,000			—			264			(67		)	—			1,197
	Net cash flows (used in) from investing activities	1,000			13,207			(21,512		)	(24,001		)	—			(31,306		)
	CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
	Proceeds from notes payable, commercial bank financing and capital leases	—			91,796			—			10,928			—			102,724
	Repayments of notes payable, commercial bank financing and capital leases	(268		)	(17,056		)	(482		)	(3,308		)	—			(21,114		)
	Dividends paid on Class A and Class B Common Stock	(29,284		)	—			—			—			—			(29,284		)
	Repurchase of outstanding Class A Common Stock	(82,371		)	—			—			—			—			(82,371		)
	Increase (decrease) in intercompany payables	111,767			130,501			(238,219		)	254			(4,303		)	—
	Other, net	1,510			(235		)	—			(4,466		)	—			(3,191		)
	Net cash flows (used in) from financing activities	1,354			205,006			(238,701		)	3,408			(4,303		)	(33,236		)
	NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	—			145,015			(28,106		)	(1,467		)	—			115,442
	CASH AND CASH EQUIVALENTS, beginning of period	—			237,974			28,594			13,536			—			280,104
	CASH AND CASH EQUIVALENTS, end of period	$	—		$	382,989		$	488		$	12,069		$	—		$	395,546
	CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
	FOR THE SIX MONTHS ENDED June 30, 2013
	(in thousands) (unaudited)
		Sinclair			Sinclair			Guarantor			Non-			Eliminations			Sinclair
		Broadcast			Television			Subsidiaries			Guarantor						Consolidated
		Group, Inc.			Group, Inc.			and KDSM,			Subsidiaries
								LLC
	NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	$	(30,295	)	$	(107,075	)	$	187,733		$	7,027		$	(4,020	)	$	53,370
	CASH FLOWS (USED IN) FROM INVESTING ACTIVITIES:
	Acquisition of property and equipment	—			(1,112		)	(14,484		)	(1,570		)	—			(17,166		)
	Payments for acquisitions of television stations	—			—			(96,160		)	—			—			(96,160		)
	Payments for acquisitions in other operating divisions	—			—			—			(4,650		)	—			(4,650		)
	Purchase of alarm monitoring contracts	—			—			—			(6,284		)	—			(6,284		)
	Proceeds from sale of broadcast assets	—			—			27,992			—			—			27,992
	Decrease in restricted cash	—			(33,634		)	—			—			—			(33,634		)
	Other, net	711			—			173			12,245			(9,863		)	3,266
	Net cash flows (used in) from investing activities	711			(34,746		)	(82,479		)	(259		)	(9,863		)	(126,636		)
	CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
	Proceeds from notes payable, commercial bank financing and capital leases	—			1,148,500			—			13,844			—			1,162,344
	Repayments of notes payable, commercial bank financing and capital leases	(234		)	(984,755		)	(372		)	(6,363		)	—			(991,724		)
	Proceeds from the sale of common stock	472,400			—			—			—			—			472,400
	Dividends paid on Class A and Class B Common Stock	(27,210		)	—			(2		)	—			240			(26,972		)
	Increase (decrease) in intercompany payables	(416,440		)	504,822			(98,340		)	(3,685		)	13,643			—
	Other, net	1,068			(16,749		)	(349		)	1,195			—			(14,835		)
	Net cash flows (used in) from financing activities	29,584			651,818			(99,063		)	4,991			13,883			601,213
	NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	—			509,997			6,191			11,759			—			527,947
	CASH AND CASH EQUIVALENTS, beginning of period	—			7,230			199			15,436			—			22,865
	CASH AND CASH EQUIVALENTS, end of period	$	—		$	517,227		$	6,390		$	27,195		$	—		$	550,812

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details) (USD $)	3 Months Ended		6 Months Ended		3 Months Ended	0 Months Ended	6 Months Ended	0 Months Ended	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2013	Mar. 01, 2013	Jun. 30, 2013	Apr. 02, 2013	Jun. 30, 2013
					Maximum	WLAJ-TV	WLAJ-TV	WLWC-TV	WLWC-TV
Discontinued Operations	'	'	'	'	'	'	'	'	'
Amount of sale of business segment	'	'	'	'	'	$14,400,000	'	$13,800,000	'
Total revenues, net	455,136,000	314,154,000	867,784,000	596,772,000	'	'	600,000	'	1,600,000
Total income before taxes	'	'	'	'	'	'	$200,000	'	$400,000
Basic earnings per share from discontinued operations (in dollars per share)	'	$0.06	'	$0.06	$0.01	'	'	'	'
Diluted earnings per share from discontinued operations (in dollars per share)	'	$0.05	'	$0.06	$0.01	'	'	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details 2) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 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

Dec. 31, 2012

Jul. 31, 2014

Jul. 31, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jul. 31, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Allbritton

Cunningham

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs, aggregated

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Consolidated VIEs

Subsequent Event

Allbritton

VIE

VIE

Minimum

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

Consolidation, Eliminations [Member]

station

Subsequent Event

station

station

station

station

Allbritton

Cunningham

Cunningham

Subsequent Event

Variable Interest Entities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of television stations owned

'

'

'

'

'

'

9

'

'

'

'

'

'

'

'

'

'

9

7

'

7

'

'

'

'

'

'

Price of assets acquired/sold

'

'

'

'

'

'

'

$14,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$14,000,000

'

'

'

'

Gain or loss on sale of station

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

Number of stations to which sales and other non-programming support services are provided

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

'

Number of licensees as VIEs

'

'

'

'

'

'

'

'

'

'

'

'

19

12

'

'

'

'

'

'

'

'

'

'

'

'

'

Initial term of certain outsourcing agreements

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'5 years

'

'

'

'

'

'

'

'

'

'

'

Net revenues

404,151,000

279,270,000

778,032,000

532,195,000

'

'

'

'

'

'

43,100,000

30,800,000

81,800,000

63,300,000

'

'

'

'

28,700,000

26,500,000

56,400,000

51,200,000

'

'

'

'

'

CURRENT ASSETS:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

395,546,000

550,812,000

395,546,000

550,812,000

280,104,000

22,865,000

'

'

'

'

4,932,000

'

4,932,000

'

4,916,000

'

'

'

'

'

'

'

'

'

'

'

'

Accounts receivable

300,272,000

'

300,272,000

'

308,974,000

'

'

'

'

'

19,569,000

'

19,569,000

'

18,468,000

'

'

'

'

'

'

'

'

'

'

'

'

Current portion of program contract costs

35,085,000

'

35,085,000

'

74,324,000

'

'

'

'

'

5,164,000

'

5,164,000

'

10,725,000

'

'

'

'

'

'

'

'

'

'

'

'

Prepaid expenses and other current assets

25,186,000

'

25,186,000

'

30,599,000

'

'

'

'

'

443,000

'

443,000

'

247,000

'

'

'

'

'

'

'

'

'

'

'

'

Total current assets

763,005,000

'

763,005,000

'

697,871,000

'

'

'

-39,027,000

-7,468,000

30,108,000

'

30,108,000

'

34,356,000

'

'

'

'

'

'

'

'

'

'

'

'

PROGRAM CONTRACT COSTS, less current portion

17,630,000

'

17,630,000

'

24,708,000

'

'

'

'

'

4,830,000

'

4,830,000

'

5,075,000

'

'

'

'

'

'

'

'

'

'

'

'

PROPERTY AND EQUIPMENT, net

636,112,000

'

636,112,000

'

596,071,000

'

'

'

-8,045,000

-7,443,000

14,376,000

'

14,376,000

'

11,081,000

'

'

'

'

'

'

'

'

'

'

'

'

GOODWILL

1,341,998,000

'

1,341,998,000

'

1,380,082,000

'

'

'

'

'

6,357,000

'

6,357,000

'

6,357,000

'

'

'

'

'

'

'

'

'

'

'

'

BROADCAST LICENSES

120,948,000

'

120,948,000

'

101,029,000

'

'

'

'

'

16,768,000

'

16,768,000

'

16,768,000

'

'

'

'

'

'

'

'

'

'

'

'

DEFINITE-LIVED INTANGIBLE ASSETS, net

1,081,518,000

'

1,081,518,000

'

1,127,755,000

'

'

'

'

'

97,297,000

'

97,297,000

'

97,496,000

'

'

'

'

'

'

'

'

'

'

'

'

OTHER ASSETS

208,321,000

'

208,321,000

'

208,209,000

'

'

'

'

'

23,370,000

'

23,370,000

'

22,935,000

'

'

'

'

'

'

'

'

'

'

'

'

Total assets

4,181,962,000

3,343,393,000

4,181,962,000

3,343,393,000

4,147,472,000

'

'

'

-3,464,995,000

-3,527,513,000

193,106,000

'

193,106,000

'

194,068,000

'

'

'

'

'

'

'

'

'

'

'

'

CURRENT LIABILITIES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accounts payable

9,751,000

'

9,751,000

'

13,989,000

'

'

'

'

'

44,000

'

44,000

'

86,000

'

'

'

'

'

'

'

'

'

'

'

'

Accrued liabilities

187,612,000

'

187,612,000

'

182,185,000

'

'

'

'

'

3,532,000

'

3,532,000

'

2,536,000

'

'

'

'

'

'

'

'

'

'

'

'

Current portion of notes payable, capital leases and commercial bank financing

56,034,000

'

56,034,000

'

46,346,000

'

'

'

'

'

5,731,000

'

5,731,000

'

5,731,000

'

'

'

'

'

'

'

'

'

'

'

'

Current portion of program contracts payable

50,493,000

'

50,493,000

'

90,933,000

'

'

'

'

'

4,364,000

'

4,364,000

'

11,552,000

'

'

'

'

'

'

'

'

'

'

'

'

Total current liabilities

336,684,000

'

336,684,000

'

343,381,000

'

'

'

-36,083,000

-3,295,000

13,671,000

'

13,671,000

'

19,905,000

'

'

'

'

'

'

'

'

'

'

'

'

LONG-TERM LIABILITIES:

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Notes payable, capital leases and commercial bank financing, less current portion

3,038,768,000

'

3,038,768,000

'

2,966,402,000

'

'

'

'

'

46,960,000

'

46,960,000

'

49,850,000

'

'

'

'

'

'

'

'

'

'

'

'

Program contracts payable, less current portion

28,217,000

'

28,217,000

'

34,681,000

'

'

'

'

'

6,504,000

'

6,504,000

'

6,597,000

'

'

'

'

'

'

'

'

'

'

'

'

Long term liabilities

'

'

'

'

'

'

'

'

'

'

9,542,000

'

9,542,000

'

10,838,000

'

'

'

'

'

'

'

'

'

'

'

'

Total liabilities

3,811,789,000

'

3,811,789,000

'

3,741,768,000

'

'

'

-810,274,000

-710,321,000

76,677,000

'

76,677,000

'

87,190,000

'

'

'

'

'

'

'

'

'

'

'

'

Liabilities associated with the certain LMAs and outsourcing agreements and purchase options

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

62,200,000

59,900,000

'

'

Total payments made under the LMA excluded from liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

34,200,000

32,400,000

Total capital leased liabilities excluded from VIE consolidation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$11,200,000

$11,200,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details 3) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Variable Interest Entities	'	'	'	'	'
Income from equity and cost method investments	$742,000	($404,000)	$840,000	($1,456,000)	'
VIEs which are not primary beneficiary	'	'	'	'	'
Variable Interest Entities	'	'	'	'	'
Carrying amount	24,400,000	'	24,400,000	'	26,700,000
Income from equity and cost method investments	$700,000	$300,000	$900,000	$700,000	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details 4) (USD $)	0 Months Ended		3 Months Ended	6 Months Ended
In Millions, except Share data, unless otherwise specified	Mar. 20, 2014	Feb. 06, 2008	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Dec. 31, 2013
					Acquisitions	Acquisitions
Restricted Cash	'	'	'	'	'	'
Restricted cash classified as noncurrent	'	'	'	'	$12.40	$11.40
Share Repurchase Program	'	'	'	'	'	'
Share repurchase program, authorized amount	150	150	'	'	'	'
Number of shares repurchased	'	'	0	2,900,000	'	'
Value of shares repurchased	'	'	'	82.4	'	'
Total remaining authorization amount	'	'	'	$185.10	'	'

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: (Details 5) (Maximum, USD $)	6 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014
Maximum	'
Income taxes	'
Reduction in liability for unrecognized tax benefits related to continuing operations	$11

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)

3 Months Ended

6 Months Ended

3 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

12 Months Ended

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Aug. 08, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Aug. 08, 2013

Aug. 08, 2013

Aug. 08, 2013

Nov. 22, 2013

Jun. 30, 2014

Jun. 30, 2014

Nov. 22, 2013

Nov. 22, 2013

Nov. 22, 2013

Nov. 22, 2013

Nov. 22, 2013

31-May-13

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Fisher and Barrington

Fisher and Barrington

Fisher

Fisher

Fisher

Fisher

Fisher

Fisher

Fisher

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

Barrington Broadcasting Company, LLC

CMG

TTBG LLC

Other acquisitions

Other acquisitions

Other acquisitions

Other acquisitions

Other acquisitions

Other acquisitions

Measurement period adjustments

Measurement period adjustments

station

KIDK and KXPI

Network affiliations

Decaying advertiser base

Other intangible assets

station

LMA

Cunningham

Network affiliations

Decaying advertiser base

Other intangible assets

market

market

market

Network affiliations

Decaying advertiser base

Other intangible assets

market

station

market

station

station

station

Acquisitions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash paid

'

'

'

'

'

'

$373,200,000

'

'

'

'

'

'

$370,000,000

'

'

'

'

'

'

'

'

'

'

'

$272,700,000

'

'

'

Cash paid for acquisition (in dollars per share)

'

'

'

'

'

'

$41

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of television stations

'

'

'

'

'

'

22

'

'

2

'

'

'

24

'

'

'

'

'

'

'

5

10

'

'

19

'

'

'

Number of markets

'

'

'

'

'

'

8

'

'

'

'

'

'

15

'

'

'

'

'

'

'

4

4

'

'

10

'

'

'

Number of stations to which sales services were provided

'

'

'

'

'

'

'

'

'

'

'

'

'

5

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of radio stations in Seattle market

'

'

'

'

'

'

4

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Working capital adjustment

'

'

'

'

'

'

'

'

'

'

'

'

'

-2,400,000

'

'

'

'

'

'

'

'

'

'

'

9,500,000

'

'

'

Noncontrolling interests related to the license assets

'

'

'

'

'

'

'

'

'

'

'

'

'

7,500,000

'

'

'

'

'

'

'

'

'

'

'

700,000

'

'

'

Price of assets acquired/sold

'

'

'

'

'

'

'

'

'

6,300,000

'

'

'

'

'

'

15,000,000

22,000,000

'

'

'

'

'

'

'

'

'

'

'

Gain or loss on sale of station

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,300,000

0

'

'

'

'

'

'

'

'

'

'

'

Allocated fair value of acquired assets and assumed liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash

'

'

'

'

'

'

13,531,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accounts receivable

'

'

'

'

'

'

29,962,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

8,226,000

'

'

'

Prepaid expenses and other current assets

'

'

'

'

'

'

19,133,000

'

'

'

'

'

'

681,000

'

'

'

'

'

'

'

'

'

'

'

5,217,000

'

'

'

Program contract costs

'

'

'

'

'

'

11,427,000

'

'

'

'

'

'

3,960,000

'

'

'

'

'

'

'

'

'

'

'

6,182,000

'

'

'

Property and equipment

'

'

'

'

31,000,000

31,000,000

73,968,000

'

'

'

'

'

'

73,621,000

'

'

'

'

'

'

'

'

'

'

'

54,148,000

'

'

'

Deferred tax asset

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,888,000

'

'

'

Broadcast licenses

'

'

'

'

22,000,000

22,000,000

30,977,000

'

'

'

'

'

'

2,948,000

'

'

'

'

'

'

'

'

'

'

'

3,736,000

'

'

'

Definite-lived intangible assets

'

'

'

'

'

'

166,378,000

'

'

'

117,500,000

18,100,000

30,800,000

217,818,000

'

'

'

'

101,000,000

42,000,000

74,800,000

'

'

'

'

147,191,000

'

'

'

Other assets

'

'

'

'

'

'

7,683,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets held for sale

'

'

'

'

'

'

6,339,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accrued liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-3,926,000

'

'

'

Accounts payable and accrued liabilities

'

'

'

'

'

'

-20,127,000

'

'

'

'

'

'

-2,725,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Program contracts payable

'

'

'

'

'

'

-10,977,000

'

'

'

'

'

'

-3,813,000

'

'

'

'

'

'

'

'

'

'

'

-6,331,000

'

'

'

Deferred tax liability

'

'

'

'

-24,000,000

-24,000,000

-74,877,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other long-term liabilities

'

'

'

'

'

'

-22,127,000

'

'

'

'

'

'

-65,000

'

'

'

'

'

'

'

'

'

'

'

-10,300,000

'

'

'

Fair value of identifiable net assets acquired

'

'

'

'

'

'

231,290,000

'

'

'

'

'

'

292,425,000

'

'

'

'

'

'

'

'

'

'

'

208,031,000

'

'

'

Goodwill

'

'

'

'

'

-37,000,000

142,959,000

'

'

'

'

'

'

75,261,000

'

'

'

'

'

'

'

'

'

'

'

74,847,000

'

'

'

Depreciation expense

25,252,000

15,105,000

49,630,000

29,700,000

1,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization expense

'

'

'

'

1,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less: fair value of non-controlling interests

'

'

'

'

'

'

-1,053,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total

'

'

'

'

'

'

373,196,000

'

'

'

'

'

'

367,686,000

'

'

'

'

'

'

'

'

'

'

'

282,878,000

'

'

'

Goodwill deductible for tax purposes

'

'

'

'

'

'

11,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amortization period

'

'

'

'

'

'

'

'

'

'

'15 years

'10 years

'

'

'

'

'

'

'15 years

'10 years

'

'

'

'

'

'

'15 years

'10 years

'

Weighted average life

'

'

'

'

'

'

'

'

'

'

'

'

'14 years

'

'

'

'

'

'

'

'15 years

'

'

'

'

'

'

'

'14 years

Net broadcast revenues

404,151,000

279,270,000

778,032,000

532,195,000

'

'

'

45,100,000

84,300,000

'

'

'

'

'

41,300,000

80,400,000

'

'

'

'

'

'

'

23,800,000

54,600,000

'

'

'

'

Operating income

'

'

'

'

'

'

'

6,000,000

6,500,000

'

'

'

'

'

5,500,000

15,700,000

'

'

'

'

'

'

'

4,900,000

8,900,000

'

'

'

'

Pro Forma Information

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

'

390,544,000

'

741,649,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Income

'

16,009,000

'

24,889,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net Income attributable to Sinclair Broadcast Group from continuing operations

'

$15,776,000

'

$24,783,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Basic earnings per share attributable to Sinclair Broadcast Group from continuing operations (in dollars per share)

'

$0.12

'

$0.22

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Diluted earnings per share attributable to Sinclair Broadcast Group from continuing operations (in dollars per share)

'

$0.11

'

$0.22

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES: (Details) (USD $)	3 Months Ended			6 Months Ended			0 Months Ended		0 Months Ended	1 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Jul. 23, 2014	Jul. 31, 2014	Jul. 31, 2014	Jul. 31, 2014	Sep. 30, 2013
		item				5.625% Senior Unsecured Notes, due 2024	Perpetual Corporation and Charleston Television, LLC	Perpetual Corporation and Charleston Television, LLC	Cunningham	Pending acquisition agreement
						Subsequent Event	Subsequent Event	5.625% Senior Unsecured Notes, due 2024	Perpetual Corporation and Charleston Television, LLC	New Age Media
							station	Subsequent Event	Subsequent Event	Scenario forecast
									market	market
										station
COMMITMENTS AND CONTINGENCIES	'	'	'	'	'	'	'	'	'	'
Percentage of sale as per joint sales agreements to become owner of station	'	15.00%	'	'	'	'	'	'	'	'
Minimum number of waivers	'	1	'	'	'	'	'	'	'	'
Period to amend or terminate current ownership of station to fall in new rule, as per FCC, for ownership of station	'	'2 years	'	'	'	'	'	'	'	'
Revenue earned from JSAs arrangements, which are eliminated in consolidation	$11.50	'	$8.30	$22.10	$15.10	'	'	'	'	'
Cash paid	'	'	'	'	'	'	985	'	'	'
Working capital adjustment	'	'	'	'	'	'	53.4	'	'	'
Interest rate (as a percent)	'	'	'	'	'	5.63%	'	5.63%	'	'
Purchase price	'	'	'	'	'	'	'	'	$14	$90
Number of television stations owned	'	'	'	'	'	'	9	'	'	8
Number of markets	'	'	'	'	'	'	'	'	3	3

NOTES_PAYABLE_AND_COMMERCIAL_B1

NOTES PAYABLE AND COMMERCIAL BANK FINANCING: (Details) (Subsequent Event, USD $)	0 Months Ended
In Millions, unless otherwise specified	Jul. 23, 2014	Jul. 23, 2014	Jul. 31, 2014	Jul. 31, 2014	Jul. 31, 2014	Jul. 31, 2014	Jul. 31, 2014
	5.625% Senior Unsecured Notes, due 2024	5.625% Senior Unsecured Notes, due 2024	Term Loan B, due 2021	Term Loan B, due 2021	Term Loan A	Delayed draw term loan A	Revolving commitments
		Period prior to August 1, 2019	Bank Credit Agreement	Bank Credit Agreement	Bank Credit Agreement	Bank Credit Agreement	Bank Credit Agreement
				LIBOR
Notes Payable And Commercial Bank Financing	'	'	'	'	'	'	'
Amount of debt issued	$550	'	$400	'	'	'	'
Debt instrument, stated interest rate payable (as a percent)	5.63%	'	'	'	'	'	'
Percentage of par value at which debt was issued	100.00%	'	99.75%	'	'	'	'
Redemption price of the debt instrument (as a percent)	'	100.00%	'	'	'	'	'
Maximum percentage of the principal amount of the debt instrument which the entity may redeem with the proceeds from certain equity offerings	'	35.00%	'	'	'	'	'
Variable rate basis	'	'	'	'LIBOR	'	'	'
Interest rate margin (as a percent)	'	'	'	2.75%	'	'	'
LIBOR floor (as a percent)	'	'	'	0.75%	'	'	'
Amount of debt converted into revolving commitments	'	'	'	'	327.7	72.5	'
Remaining borrowing capacity before conversion of debt	'	'	'	'	'	108.2	'
Borrowing capacity	'	'	'	'	361.2	325.5	'
Remaining borrowing capacity after conversion of debt	'	'	'	'	'	35.7	'
Outstanding revolving commitments	'	'	'	'	'	'	485.2
Deferred financing costs related to amendment	$14.60	'	'	'	'	'	'

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (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
Income (Numerator)	'	'	'	'
Income from continuing operations	$41,601	$12,956	$69,258	$29,471
Net (income) attributable to noncontrolling interests included in continuing operations	-266	-233	-765	-106
Numerator for diluted earnings per common share from continuing operations available to common shareholders	41,335	12,794	68,493	29,508
Income from discontinued operations, net of taxes	'	5,103	'	5,458
Numerator for diluted earnings available to common shareholders	41,335	17,897	68,493	34,966
Shares (Denominator)	'	'	'	'
Weighted average common shares outstanding	97,174	92,083	97,994	86,667
Dilutive effect of stock settled appreciation rights, restricted stock awards and outstanding stock options (in shares)	690	871	684	547
Weighted-average common and common equivalent shares outstanding	97,864	93,604	98,678	87,844
Additional Disclosures	'	'	'	'
Potentially antidilutive dilutive securities excluded from calculation of diluted earnings per share (in shares)	0	0	0	0
4.875% Notes	'	'	'	'
Earning Per Share	'	'	'	'
Interest rate (as a percent)	4.88%	4.88%	4.88%	4.88%
Income (Numerator)	'	'	'	'
Income impact of assumed conversion of debt securities, net of taxes	'	45	'	90
Shares (Denominator)	'	'	'	'
Dilutive effect of debt securities (in shares)	'	339	'	339
3.0% Notes	'	'	'	'
Earning Per Share	'	'	'	'
Interest rate (as a percent)	3.00%	3.00%	3.00%	3.00%
Income (Numerator)	'	'	'	'
Income impact of assumed conversion of debt securities, net of taxes	'	$26	'	$53
Shares (Denominator)	'	'	'	'
Dilutive effect of debt securities (in shares)	'	311	'	311

RELATED_PERSON_TRANSACTIONS_De

RELATED PERSON TRANSACTIONS (Details) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 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

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Mar. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Oct. 31, 2013

Nov. 05, 2009

Jun. 30, 2014

Jun. 30, 2014

Nov. 30, 2013

Jul. 31, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Oct. 01, 2012

Jul. 01, 2012

Jan. 01, 2010

Jul. 31, 2014

Jun. 30, 2014

Dec. 31, 2012

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Entities owned by the controlling shareholders

Entities owned by the controlling shareholders

Entities owned by the controlling shareholders

Entities owned by the controlling shareholders

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Cunningham

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

Atlantic Automotive

David Smith

David Smith

David Smith

David Smith

David Smith

David Smith

David Smith

David Smith

Thomas & Libowitz

Thomas & Libowitz

Controlling shareholders

Controlling shareholders

Controlling shareholders

Controlling shareholders

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Barrington stations

Barrington stations

Barrington stations

Allbritton

LMA

LMA

LMA

LMA

LMA

LMA

LMA

LMA

Minimum

Maximum

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Vehicles and related vehicle services

Vehicles and related vehicle services

Vehicles and related vehicle services

Vehicles and related vehicle services

Maximum

Maximum

Maximum

Maximum

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

Maximum

Maximum

Maximum

Legal services

Legal services

Charter Aircraft

Charter Aircraft

Charter Aircraft

Charter Aircraft

Subsequent Event

item

item

Subsequent Event

LMA

Advertising time

Advertising time

Advertising time

Advertising time

Real estate ventures in Baltimore, MD

Real estate ventures in Baltimore, MD

Real estate ventures in Towson, MD

Real estate ventures in Towson, MD

Real estate ventures in Towson, MD

Leased assets or facilities

Leased assets or facilities

Leased assets or facilities

station

restaurant

restaurant

restaurant

Real estate ventures in Baltimore, MD

Real estate ventures in Baltimore, MD

Real estate ventures in Towson, MD

item

item

item

Related person transactions

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount paid

'

'

'

'

$1,300,000

$1,400,000

$2,800,000

$2,500,000

'

'

'

'

'

'

'

'

'

'

'

$2,800,000

$2,600,000

$7,300,000

$4,500,000

'

'

'

'

'

'

'

'

'

'

$0

$400,000

$0

$800,000

'

'

'

'

'

'

'

'

'

'

'

'

$500,000

$1,000,000

'

'

'

'

Price of assets acquired/sold

'

'

'

'

'

'

'

'

'

'

'

'

'

'

78,500,000

'

'

22,000,000

14,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain or loss on sale of station

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aircraft expense

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

300,000

200,000

600,000

300,000

Capital leases payable maturity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount obligated to be paid

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

29,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Price for which nonvoting stock was purchased

'

'

'

'

'

'

'

'

2,000,000

'

1,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Right to acquire capital stock or assets of individual subsidiaries (as a percent)

'

'

'

'

'

'

'

'

100.00%

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of stations to which programming, sales and managerial services were provided by the entity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of additional renewal terms

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Agreement renewal period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'8 years

'

'

'

'

'5 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of quarterly installments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of quarterly installments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,750,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

One quarterly installment amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional payments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,750,000

1,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate purchase / sale price

'

'

'

'

'

'

'

'

'

'

'

'

'

'

78,500,000

'

'

22,000,000

14,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of purchase price reduction from quarterly installments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

29,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Annual increase in aggregate purchase price (as a percent)

'

'

'

'

'

'

'

'

6.00%

'

'

6.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of net broadcast revenue used to determine annual LMA fees required to be paid

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount used to determine annual LMA fees required to be paid

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4,700,000

5,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Remaining purchase price

'

'

'

'

'

'

'

'

57,100,000

'

'

57,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Operating costs reimbursement (as a percent)

'

'

'

'

'

'

'

'

100.00%

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total revenues

455,136,000

314,154,000

867,784,000

596,772,000

'

'

'

'

29,200,000

26,500,000

'

56,400,000

51,200,000

'

'

1,100,000

1,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount to purchase license assets of KDBC-TV El Paso, Texas

'

'

'

'

'

'

'

'

'

'

'

'

'

21,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount of working capital adjustment required to be paid to purchase license assets of KDBC-TV

'

'

'

'

'

'

'

'

'

'

'

'

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Amount received

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,900,000

3,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100,000

100,000

100,000

100,000

100,000

200,000

0

100,000

0

100,000

100,000

100,000

'

'

'

'

'

'

Annual rent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$300,000

$200,000

$500,000

$400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of restaurants owned by a related party

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3

3

'

1

'

'

'

'

'

'

'

'

'

'

Number of real estate ventures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

1

'

1

'

'

'

'

'

'

'

'

'

'

SEGMENT_DATA_Details

SEGMENT DATA (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
SEGMENT DATA	'	'	'	'	'
Intercompany loans	$172,200,000	$171,500,000	$172,200,000	$171,500,000	'
Intercompany interest expense	5,100,000	5,000,000	10,000,000	10,000,000	'
Segment data	'	'	'	'	'
Revenue	455,136,000	314,154,000	867,784,000	596,772,000	'
Depreciation of property and equipment	25,252,000	15,105,000	49,630,000	29,700,000	'
Amortization of definite-lived intangible assets and other assets	24,989,000	15,557,000	49,717,000	31,559,000	'
Amortization of program contract costs and net realizable value adjustments	23,574,000	18,656,000	47,515,000	37,517,000	'
General and administrative overhead expenses	17,403,000	11,447,000	33,238,000	22,697,000	'
Operating income (loss)	103,039,000	84,280,000	184,039,000	147,936,000	'
Interest expense	-40,121,000	-45,465,000	-79,659,000	-83,162,000	'
Income (loss) from equity and cost method investments	742,000	-404,000	840,000	-1,456,000	'
Assets	4,181,962,000	3,343,393,000	4,181,962,000	3,343,393,000	4,147,472,000
Operating segments | Broadcast	'	'	'	'	'
Segment data	'	'	'	'	'
Number of markets	'	'	71	'	'
Revenue	437,487,000	301,316,000	835,393,000	572,472,000	'
Depreciation of property and equipment	24,422,000	14,377,000	47,939,000	28,161,000	'
Amortization of definite-lived intangible assets and other assets	23,351,000	14,369,000	46,514,000	29,238,000	'
Amortization of program contract costs and net realizable value adjustments	23,574,000	18,656,000	47,515,000	37,517,000	'
General and administrative overhead expenses	14,253,000	10,230,000	28,982,000	20,359,000	'
Operating income (loss)	105,460,000	85,312,000	187,580,000	150,442,000	'
Assets	3,361,951,000	2,659,847,000	3,361,951,000	2,659,847,000	'
Operating segments | Other Operating Divisions	'	'	'	'	'
Segment data	'	'	'	'	'
Revenue	17,649,000	12,838,000	32,391,000	24,300,000	'
Depreciation of property and equipment	563,000	379,000	1,157,000	848,000	'
Amortization of definite-lived intangible assets and other assets	1,638,000	1,188,000	3,203,000	2,321,000	'
General and administrative overhead expenses	416,000	263,000	668,000	560,000	'
Operating income (loss)	580,000	271,000	581,000	-37,000	'
Interest expense	-1,031,000	-808,000	-1,950,000	-1,539,000	'
Income (loss) from equity and cost method investments	742,000	-404,000	840,000	-1,456,000	'
Assets	319,850,000	96,268,000	319,850,000	96,268,000	'
Corporate	'	'	'	'	'
Segment data	'	'	'	'	'
Depreciation of property and equipment	267,000	349,000	534,000	691,000	'
General and administrative overhead expenses	2,734,000	954,000	3,588,000	1,778,000	'
Operating income (loss)	-3,001,000	-1,303,000	-4,122,000	-2,469,000	'
Interest expense	-39,090,000	-44,657,000	-77,709,000	-81,623,000	'
Assets	$500,161,000	$586,618,000	$500,161,000	$586,618,000	'

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS: (Details) (USD $)	6 Months Ended
	Jun. 30, 2014	Dec. 31, 2013
	VIE
8.375% Senior Notes due 2018	'	'
FAIR VALUE MEASUREMENTS:	'	'
Interest rate (as a percent)	8.38%	'
6.375% Senior Unsecured Notes, due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Interest rate (as a percent)	6.38%	'
6.125% Senior Unsecured Notes, due 2022	'	'
FAIR VALUE MEASUREMENTS:	'	'
Interest rate (as a percent)	6.13%	'
5.375% Senior Unsecured Notes due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Interest rate (as a percent)	5.38%	'
Level 1 | Fair Value | Cunningham	'	'
FAIR VALUE MEASUREMENTS:	'	'
Number of VIEs who classify investments as trading securities	1	'
Fair value of trading securities	$19,500,000	$18,100,000
Level 2 | Carrying Value | 8.375% Senior Notes due 2018	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	235,422,000	235,225,000
Level 2 | Carrying Value | 6.375% Senior Unsecured Notes, due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	350,000,000	350,000,000
Level 2 | Carrying Value | 6.125% Senior Unsecured Notes, due 2022	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	500,000,000	500,000,000
Level 2 | Carrying Value | 5.375% Senior Unsecured Notes due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	600,000,000	600,000,000
Level 2 | Carrying Value | Term Loan A	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	580,700,000	500,000,000
Level 2 | Carrying Value | Term Loan B	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	639,757,000	642,734,000
Level 2 | Carrying Value | Debt of variable interest entities	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	52,691,000	55,581,000
Level 2 | Carrying Value | Debt of other operating divisions	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	96,377,000	86,263,000
Level 2 | Fair Value | 8.375% Senior Notes due 2018	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	252,114,000	259,547,000
Level 2 | Fair Value | 6.375% Senior Unsecured Notes, due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	372,313,000	360,938,000
Level 2 | Fair Value | 6.125% Senior Unsecured Notes, due 2022	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	525,000,000	497,525,000
Level 2 | Fair Value | 5.375% Senior Unsecured Notes due 2021	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	607,500,000	582,078,000
Level 2 | Fair Value | Term Loan A	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	574,533,000	495,000,000
Level 2 | Fair Value | Term Loan B	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	634,926,000	641,205,000
Level 2 | Fair Value | Debt of variable interest entities	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	52,691,000	55,581,000
Level 2 | Fair Value | Debt of other operating divisions	'	'
FAIR VALUE MEASUREMENTS:	'	'
Fair Value	$96,377,000	$86,263,000

CONDENSED_CONSOLIDATING_FINANC2

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS: (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Consolidated total debt	$3,115,000,000	'	'	'
Cash	395,546,000	280,104,000	550,812,000	22,865,000
Accounts and other receivables	300,496,000	309,156,000	'	'
Other current assets	66,963,000	108,611,000	'	'
Total current assets	763,005,000	697,871,000	'	'
Property and equipment, net	636,112,000	596,071,000	'	'
Restricted cash - long term	12,430,000	11,747,000	'	'
Other long-term assets	225,951,000	232,917,000	'	'
Total other long-term assets	238,381,000	244,664,000	'	'
Goodwill and other intangible assets	2,544,464,000	2,608,866,000	'	'
Total assets	4,181,962,000	4,147,472,000	3,343,393,000	'
Accounts payable and accrued liabilities	197,363,000	196,174,000	'	'
Current portion of long-term debt	56,034,000	46,346,000	'	'
Current portion of affiliate long-term debt	2,569,000	2,367,000	'	'
Other current liabilities	80,718,000	98,494,000	'	'
Total current liabilities	336,684,000	343,381,000	'	'
Long-term debt	3,038,768,000	2,966,402,000	'	'
Affiliate long-term debt	17,606,000	18,925,000	'	'
Other liabilities	418,731,000	413,060,000	'	'
Total liabilities	3,811,789,000	3,741,768,000	'	'
Total Sinclair Broadcast Group shareholders' equity	362,778,000	396,370,000	'	'
Noncontrolling interests in consolidated subsidiaries	7,395,000	9,334,000	'	'
Total liabilities and equity	4,181,962,000	4,147,472,000	'	'
5.375% Senior Unsecured Notes, due 2021	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Interest rate (as a percent)	5.38%	'	'	'
6.125% Senior Unsecured Notes, due 2022	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Interest rate (as a percent)	6.13%	'	'	'
8.375% Senior Notes due 2018	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Interest rate (as a percent)	8.38%	'	'	'
6.375% Senior Notes, due 2021	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Interest rate (as a percent)	6.38%	'	'	'
Sinclair Broadcast Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Amount of debt guaranteed by parent	2,958,600,000	'	'	'
Sinclair Television Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Consolidated total debt	3,010,200,000	'	'	'
Reportable legal entities | Sinclair Broadcast Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Accounts and other receivables	44,000	59,000	'	'
Other current assets	'	5,500,000	'	'
Total current assets	44,000	5,559,000	'	'
Property and equipment, net	4,483,000	5,017,000	'	'
Investment in consolidated subsidiaries	333,022,000	363,231,000	'	'
Other long-term assets	71,570,000	78,849,000	'	'
Total other long-term assets	404,592,000	442,080,000	'	'
Total assets	409,119,000	452,656,000	'	'
Accounts payable and accrued liabilities	445,000	234,000	'	'
Current portion of long-term debt	599,000	556,000	'	'
Current portion of affiliate long-term debt	1,377,000	1,294,000	'	'
Other current liabilities	565,000	3,529,000	'	'
Total current liabilities	2,986,000	5,613,000	'	'
Long-term debt	217,000	529,000	'	'
Affiliate long-term debt	4,256,000	4,972,000	'	'
Other liabilities	38,882,000	45,172,000	'	'
Total liabilities	46,341,000	56,286,000	'	'
Total Sinclair Broadcast Group shareholders' equity	362,778,000	396,370,000	'	'
Total liabilities and equity	409,119,000	452,656,000	'	'
Reportable legal entities | Sinclair Television Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Cash	382,989,000	237,974,000	517,227,000	7,230,000
Accounts and other receivables	1,534,000	818,000	'	'
Other current assets	17,090,000	25,887,000	'	'
Total current assets	401,613,000	264,679,000	'	'
Property and equipment, net	14,160,000	13,561,000	'	'
Investment in consolidated subsidiaries	2,382,613,000	2,508,058,000	'	'
Restricted cash - long term	12,430,000	11,524,000	'	'
Other long-term assets	561,885,000	503,674,000	'	'
Total other long-term assets	2,956,928,000	3,023,256,000	'	'
Total assets	3,372,701,000	3,301,496,000	'	'
Accounts payable and accrued liabilities	50,829,000	51,781,000	'	'
Current portion of long-term debt	47,125,000	37,335,000	'	'
Total current liabilities	97,954,000	89,116,000	'	'
Long-term debt	2,858,754,000	2,793,334,000	'	'
Other liabilities	24,869,000	23,645,000	'	'
Total liabilities	2,981,577,000	2,906,095,000	'	'
Total Sinclair Broadcast Group shareholders' equity	391,124,000	395,401,000	'	'
Total liabilities and equity	3,372,701,000	3,301,496,000	'	'
Reportable legal entities | Guarantor Subsidiaries and KDSM, LLC	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Cash	488,000	28,594,000	6,390,000	199,000
Accounts and other receivables	271,765,000	281,822,000	'	'
Other current assets	71,307,000	67,279,000	'	'
Total current assets	343,560,000	377,695,000	'	'
Property and equipment, net	465,210,000	454,917,000	'	'
Investment in consolidated subsidiaries	4,179,000	4,179,000	'	'
Restricted cash - long term	'	223,000	'	'
Other long-term assets	54,034,000	62,435,000	'	'
Total other long-term assets	58,213,000	66,837,000	'	'
Goodwill and other intangible assets	2,439,387,000	2,486,794,000	'	'
Total assets	3,306,370,000	3,386,243,000	'	'
Accounts payable and accrued liabilities	128,759,000	126,245,000	'	'
Current portion of long-term debt	1,172,000	1,007,000	'	'
Current portion of affiliate long-term debt	1,192,000	1,073,000	'	'
Other current liabilities	74,725,000	87,612,000	'	'
Total current liabilities	205,848,000	215,937,000	'	'
Long-term debt	35,062,000	35,709,000	'	'
Affiliate long-term debt	13,352,000	13,984,000	'	'
Other liabilities	667,646,000	610,491,000	'	'
Total liabilities	921,908,000	876,121,000	'	'
Total Sinclair Broadcast Group shareholders' equity	2,384,462,000	2,510,122,000	'	'
Total liabilities and equity	306,370,000	3,386,243,000	'	'
Reportable legal entities | Non-Guarantor Subsidiaries	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Cash	12,069,000	13,536,000	27,195,000	15,436,000
Accounts and other receivables	29,479,000	27,479,000	'	'
Other current assets	15,267,000	16,391,000	'	'
Total current assets	56,815,000	57,406,000	'	'
Property and equipment, net	160,304,000	130,019,000	'	'
Other long-term assets	138,167,000	132,840,000	'	'
Total other long-term assets	138,167,000	132,840,000	'	'
Goodwill and other intangible assets	203,481,000	214,325,000	'	'
Total assets	558,767,000	534,590,000	'	'
Accounts payable and accrued liabilities	51,611,000	17,914,000	'	'
Current portion of long-term debt	7,138,000	7,448,000	'	'
Current portion of affiliate long-term debt	926,000	1,003,000	'	'
Other current liabilities	6,304,000	9,645,000	'	'
Total current liabilities	65,979,000	36,010,000	'	'
Long-term debt	144,735,000	136,830,000	'	'
Affiliate long-term debt	311,208,000	294,919,000	'	'
Other liabilities	150,315,000	145,828,000	'	'
Total liabilities	672,237,000	613,587,000	'	'
Total Sinclair Broadcast Group shareholders' equity	-120,865,000	-88,331,000	'	'
Noncontrolling interests in consolidated subsidiaries	7,395,000	9,334,000	'	'
Total liabilities and equity	558,767,000	534,590,000	'	'
Eliminations	'	'	'	'
CONDENSED CONSOLIDATING BALANCE SHEET	'	'	'	'
Accounts and other receivables	-2,326,000	-1,022,000	'	'
Other current assets	-36,701,000	-6,446,000	'	'
Total current assets	-39,027,000	-7,468,000	'	'
Property and equipment, net	-8,045,000	-7,443,000	'	'
Investment in consolidated subsidiaries	-2,719,814,000	-2,875,468,000	'	'
Other long-term assets	-599,705,000	-544,881,000	'	'
Total other long-term assets	-3,319,519,000	-3,420,349,000	'	'
Goodwill and other intangible assets	-98,404,000	-92,253,000	'	'
Total assets	-3,464,995,000	-3,527,513,000	'	'
Accounts payable and accrued liabilities	-34,281,000	'	'	'
Current portion of affiliate long-term debt	-926,000	-1,003,000	'	'
Other current liabilities	-876,000	-2,292,000	'	'
Total current liabilities	-36,083,000	-3,295,000	'	'
Affiliate long-term debt	-311,210,000	-294,950,000	'	'
Other liabilities	-462,981,000	-412,076,000	'	'
Total liabilities	-810,274,000	-710,321,000	'	'
Total Sinclair Broadcast Group shareholders' equity	-2,654,721,000	-2,817,192,000	'	'
Total liabilities and equity	($3,464,995,000)	($3,527,513,000)	'	'

CONDENSED_CONSOLIDATING_FINANC3

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS: (Details 2) (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 CONSOLIDATING STATEMENT	'	'	'	'
Net revenue	$455,136	$314,154	$867,784	$596,772
Program and production	134,303	85,694	261,342	166,127
Selling, general and administrative	99,998	64,744	197,758	127,932
Depreciation, amortization and other operating expenses	117,796	79,436	224,645	154,777
Total operating expenses	352,097	229,874	683,745	448,836
Operating income	103,039	84,280	184,039	147,936
Interest expense	-40,121	-45,465	-79,659	-83,162
Other income (expense)	1,757	-16,205	2,772	-16,800
Total other expense	-38,364	-61,670	-76,887	-99,962
Income tax benefit (provision)	-23,074	-9,654	-37,894	-18,503
Income from discontinued operations, net of taxes	'	5,103	'	5,458
NET INCOME	41,601	18,059	69,258	34,929
Net income attributable to the noncontrolling interests	-266	-233	-765	-106
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	41,335	17,826	68,493	34,823
Comprehensive income (loss)	42,247	18,020	69,942	34,851
Reportable legal entities | Sinclair Broadcast Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'	'	'
Selling, general and administrative	1,155	954	2,040	1,778
Depreciation, amortization and other operating expenses	267	348	534	690
Total operating expenses	1,422	1,302	2,574	2,468
Operating income	-1,422	-1,302	-2,574	-2,468
Equity in earnings of consolidated subsidiaries	42,662	18,227	69,349	36,076
Interest expense	-149	-389	-308	-700
Other income (expense)	941	1,077	1,587	2,033
Total other expense	43,454	18,915	70,628	37,409
Income tax benefit (provision)	-697	213	439	-118
NET INCOME	41,335	17,826	68,493	34,823
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	41,335	17,826	68,493	34,823
Comprehensive income (loss)	42,247	18,020	69,942	34,851
Reportable legal entities | Sinclair Television Group, Inc.	'	'	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'	'	'
Program and production	114	63	190	95
Selling, general and administrative	14,000	10,211	28,545	20,128
Depreciation, amortization and other operating expenses	1,138	630	2,245	929
Total operating expenses	15,252	10,904	30,980	21,152
Operating income	-15,252	-10,904	-30,980	-21,152
Equity in earnings of consolidated subsidiaries	75,388	62,525	137,652	109,242
Interest expense	-37,082	-42,758	-73,830	-77,992
Other income (expense)	86	-11,069	382	-3,631
Total other expense	38,392	8,698	64,204	27,619
Income tax benefit (provision)	-19,209	22,992	36,476	30,978
Income from discontinued operations, net of taxes	'	5,013	'	4,955
NET INCOME	42,349	25,799	69,700	42,400
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	42,349	25,799	69,700	42,400
Comprehensive income (loss)	42,515	25,759	69,780	42,322
Reportable legal entities | Guarantor Subsidiaries and KDSM, LLC	'	'	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'	'	'
Net revenue	430,334	297,175	820,414	567,722
Program and production	133,440	87,474	260,173	170,174
Selling, general and administrative	80,324	52,151	160,826	103,354
Depreciation, amortization and other operating expenses	93,889	56,004	180,279	118,107
Total operating expenses	307,653	195,629	601,278	391,635
Operating income	122,681	101,546	219,136	176,087
Equity in earnings of consolidated subsidiaries	'	-30	'	-60
Interest expense	-1,224	-1,224	-2,466	-2,338
Other income (expense)	465	-5,436	558	-12,724
Total other expense	-759	-6,690	-1,908	-15,122
Income tax benefit (provision)	-43,691	-32,297	-76,733	-51,031
Income from discontinued operations, net of taxes	'	90	'	503
NET INCOME	78,231	62,649	140,495	110,437
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	78,231	62,649	140,495	110,437
Comprehensive income (loss)	78,231	62,649	140,495	110,437
Reportable legal entities | Non-Guarantor Subsidiaries	'	'	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'	'	'
Net revenue	47,527	33,515	88,954	57,432
Program and production	21,492	9,031	39,903	14,619
Selling, general and administrative	5,094	6,552	7,494	12,241
Depreciation, amortization and other operating expenses	23,222	16,566	42,382	31,547
Total operating expenses	49,808	32,149	89,779	58,407
Operating income	-2,281	1,366	-825	-975
Interest expense	-6,974	-6,302	-13,527	-12,489
Other income (expense)	285	5,163	285	3,906
Total other expense	-6,689	-1,139	-13,242	-8,583
Income tax benefit (provision)	-2,105	-562	1,924	1,668
NET INCOME	-6,865	-335	-12,143	-7,890
Net income attributable to the noncontrolling interests	-299	-233	-798	-106
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	-7,164	-568	-12,941	-7,996
Comprehensive income (loss)	-5,887	-568	-11,539	-7,996
Eliminations	'	'	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'	'	'
Net revenue	-22,725	-16,536	-41,584	-28,382
Program and production	-20,743	-10,874	-38,924	-18,761
Selling, general and administrative	-575	-5,124	-1,147	-9,569
Depreciation, amortization and other operating expenses	-720	5,888	-795	3,504
Total operating expenses	-22,038	-10,110	-40,866	-24,826
Operating income	-687	-6,426	-718	-3,556
Equity in earnings of consolidated subsidiaries	-118,050	-80,722	-207,001	-145,258
Interest expense	5,308	5,208	10,472	10,357
Other income (expense)	-20	-5,940	-40	-6,384
Total other expense	-112,762	-81,454	-196,569	-141,285
NET INCOME	-113,449	-87,880	-197,287	-144,841
Net income attributable to the noncontrolling interests	33	'	33	'
NET INCOME ATTRIBUTABLE TO SINCLAIR BROADCAST GROUP	-113,416	-87,880	-197,254	-144,841
Comprehensive income (loss)	($114,859)	($87,840)	($198,736)	($144,763)

CONDENSED_CONSOLIDATING_FINANC4

CONDENSED CONSOLIDATING FINANCIAL STATEMENTS: (Details 3) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	$179,984	$53,370
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-26,587	-17,166
Payments for acquisitions of television stations	'	-96,160
Purchase of alarm monitoring contracts	-7,835	-6,284
Proceeds from sale of broadcast assets	'	27,992
Decrease in restricted cash	-683	-33,634
Investments in equity and cost method investees	-6,167	-3,402
Payments for acquisition of assets in other operating divisions	-8,273	-4,650
Proceeds from termination of life insurance policies	17,042	134
Other, net	1,197	3,266
Net cash flows used in investing activities	-31,306	-126,636
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Proceeds from notes payable, commercial bank financing and capital leases	102,724	1,162,344
Repayments of notes payable, commercial bank financing and capital leases	-21,114	-991,724
Proceeds from the sale of common stock	'	472,400
Dividends paid on Class A and Class B common stock	-29,284	-26,972
Repurchase of outstanding Class A Common Stock	-82,371	'
Other, net	-3,191	-14,835
Net cash flows (used in) from financing activities	-33,236	601,213
NET INCREASE IN CASH AND CASH EQUIVALENTS	115,442	527,947
CASH AND CASH EQUIVALENTS, beginning of period	280,104	22,865
CASH AND CASH EQUIVALENTS, end of period	395,546	550,812
Reportable legal entities | Sinclair Broadcast Group, Inc.	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	-2,354	-30,295
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Other, net	1,000	711
Net cash flows used in investing activities	1,000	711
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Repayments of notes payable, commercial bank financing and capital leases	-268	-234
Proceeds from the sale of common stock	'	472,400
Dividends paid on Class A and Class B common stock	-29,284	-27,210
Repurchase of outstanding Class A Common Stock	-82,371	'
Increase (decrease) in intercompany payables	111,767	-416,440
Other, net	1,510	1,068
Net cash flows (used in) from financing activities	1,354	29,584
Reportable legal entities | Sinclair Television Group, Inc.	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	-73,198	-107,075
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-2,935	-1,112
Decrease in restricted cash	-900	-33,634
Proceeds from termination of life insurance policies	17,042	'
Net cash flows used in investing activities	13,207	-34,746
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Proceeds from notes payable, commercial bank financing and capital leases	91,796	1,148,500
Repayments of notes payable, commercial bank financing and capital leases	-17,056	-984,755
Increase (decrease) in intercompany payables	130,501	504,822
Other, net	-235	-16,749
Net cash flows (used in) from financing activities	205,006	651,818
NET INCREASE IN CASH AND CASH EQUIVALENTS	145,015	509,997
CASH AND CASH EQUIVALENTS, beginning of period	237,974	7,230
CASH AND CASH EQUIVALENTS, end of period	382,989	517,227
Reportable legal entities | Guarantor Subsidiaries and KDSM, LLC	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	232,107	187,733
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-21,993	-14,484
Payments for acquisitions of television stations	'	-96,160
Proceeds from sale of broadcast assets	'	27,992
Decrease in restricted cash	217	'
Other, net	264	173
Net cash flows used in investing activities	-21,512	-82,479
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Repayments of notes payable, commercial bank financing and capital leases	-482	-372
Dividends paid on Class A and Class B common stock	'	-2
Increase (decrease) in intercompany payables	-238,219	-98,340
Other, net	'	-349
Net cash flows (used in) from financing activities	-238,701	-99,063
NET INCREASE IN CASH AND CASH EQUIVALENTS	-28,106	6,191
CASH AND CASH EQUIVALENTS, beginning of period	28,594	199
CASH AND CASH EQUIVALENTS, end of period	488	6,390
Reportable legal entities | Non-Guarantor Subsidiaries	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	19,126	7,027
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Acquisition of property and equipment	-1,659	-1,570
Purchase of alarm monitoring contracts	-7,835	-6,284
Investments in equity and cost method investees	-6,167	'
Payments for acquisition of assets in other operating divisions	-8,273	-4,650
Other, net	-67	12,245
Net cash flows used in investing activities	-24,001	-259
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Proceeds from notes payable, commercial bank financing and capital leases	10,928	13,844
Repayments of notes payable, commercial bank financing and capital leases	-3,308	-6,363
Increase (decrease) in intercompany payables	254	-3,685
Other, net	-4,466	1,195
Net cash flows (used in) from financing activities	3,408	4,991
NET INCREASE IN CASH AND CASH EQUIVALENTS	-1,467	11,759
CASH AND CASH EQUIVALENTS, beginning of period	13,536	15,436
CASH AND CASH EQUIVALENTS, end of period	12,069	27,195
Eliminations	'	'
CONDENSED CONSOLIDATING STATEMENT	'	'
NET CASH FLOWS (USED IN) FROM OPERATING ACTIVITIES	4,303	-4,020
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:	'	'
Other, net	'	-9,863
Net cash flows used in investing activities	'	-9,863
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:	'	'
Dividends paid on Class A and Class B common stock	'	240
Increase (decrease) in intercompany payables	-4,303	13,643
Net cash flows (used in) from financing activities	($4,303)	$13,883