Quarterly report pursuant to Section 13 or 15(d)

Other Long-Term Assets

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Other Long-Term Assets
 6 Months Ended
Jun. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Long-Term Assets
Other Long-Term Assets
 
As of  
 December 31, 
 2014
 
As of 
 June 30, 
 2015
 
(in thousands)
Other long-term assets
 

 
 

Intangible assets
$
6,939

 
$
6,766

Long-term security deposits
4,947

 
5,370

Other
1,826

 
1,721

Total other long-term assets
$
13,712

 
$
13,857


 
Acquisition
 
In June 2013, we entered into an agreement to purchase the assets of KXMZ-FM for a total purchase price of $0.6 million in cash, which is included in the other long-term assets line item of our condensed consolidated balance sheets. The Federal Communications Commission ("FCC") approved the transfer of the FCC licenses and the acquisition was completed in June 2015. We have accounted for this acquisition as a business combination in the three months ended June 30, 2015.