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EX-21.1 - SUBSIDIARIES OF REGISTRANT - ALLBRITTON COMMUNICATIONS COd404810dex211.htm
EX-24.1 - POWERS OF ATTORNEY - ALLBRITTON COMMUNICATIONS COd404810dex241.htm
EX-31.1 - CERTIFICATION OF CHAIRMAN AND CHIEF EXECUTIVE OFFICER - ALLBRITTON COMMUNICATIONS COd404810dex311.htm
EXCEL - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR4.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR8.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR1.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR2.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR7.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR3.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR6.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR5.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR9.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR24.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR31.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR46.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR22.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR30.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR11.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR40.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR21.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR38.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR23.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR14.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR35.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR19.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR15.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR29.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR41.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR33.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR42.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR45.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR16.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR12.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR36.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR34.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR25.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR26.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR18.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR39.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR17.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR43.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR27.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR13.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR32.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR20.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR44.htm
EX-31.2 - CERTIFICATION OF SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER - ALLBRITTON COMMUNICATIONS COd404810dex312.htm
10-K - FORM 10-K - ALLBRITTON COMMUNICATIONS COd404810d10k.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR37.htm
XML - IDEA: XBRL DOCUMENT - ALLBRITTON COMMUNICATIONS COR28.htm
v2.4.0.6
Long-Term Debt
12 Months Ended
Sep. 30, 2012
Long-Term Debt

NOTE 5—LONG-TERM DEBT

Outstanding debt consists of the following:

 

     September 30,  
     2011      2012  

Senior Notes, due May 15, 2018 with interest payable semi-annually at 8%

   $ 455,000       $ 455,000   

Credit Agreement, maximum amount of $60,000, expiring April 30, 2015, secured by the assets and outstanding stock of the Company and its subsidiaries, interest payable quarterly at various rates either from prime plus 1.50% to prime plus 2.25% or from LIBOR plus 2.75% to LIBOR plus 3.50% depending on certain financial operating tests

     5,000        —     
  

 

 

    

 

 

 
     460,000         455,000   

Less current maturities

     —           —     
  

 

 

    

 

 

 
   $ 460,000       $ 455,000   
  

 

 

    

 

 

 

Effective April 30, 2012 the maturity date of the Company’s Credit Agreement was extended from April 29, 2013 to April 30, 2015 with no change in terms.

Unamortized deferred financing costs of $8,758 and $7,348 at September 30, 2011 and 2012, respectively, are included in deferred financing costs and other noncurrent assets in the accompanying consolidated balance sheets. Amortization of the deferred financing costs for the years ended September 30, 2010, 2011 and 2012 was $1,305, $1,486 and $1,429 respectively, which is included in other nonoperating expenses.

Under the borrowing agreements for each of the Senior Notes and the Credit Agreement, the Company is subject to restrictive covenants that place limitations upon payments of cash distributions, dividends, issuance of capital stock, investment transactions, incurrence of additional obligations and transactions with affiliates. The Credit Agreement contains the most restrictive covenants and limitations of this nature. In addition, under the Credit Agreement, the Company must maintain compliance with certain financial covenants. There are no such financial maintenance covenants under the terms of the Senior Notes. Compliance with the financial maintenance covenants under the Credit Agreement is measured at the end of each quarter, and as of September 30, 2012, the Company was in compliance with those financial covenants. The Company is also required to pay a commitment fee ranging from 0.375% to 0.500% per annum based on the amount of any unused portion of the Credit Agreement.

 

The Company estimates the fair value of its long-term debt on a recurring basis. The Company estimates the fair value of its Senior Notes to be approximately $428,000 and $495,000 at September 30, 2011 and 2012, respectively. This fair value estimate was determined based on quoted market prices provided by investment banking firms who regularly make a market in the Company’s Senior Notes, which is considered to be a Level 2 input. The carrying value of the Company’s Credit Agreement approximated fair value at September 30, 2011. This estimate was determined using a discounted cash flow analysis which is considered to be a Level 3 input. There was no amount outstanding under the Company’s Credit Agreement as of September 30, 2012.