Quarterly report pursuant to Section 13 or 15(d)

CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS (Tables)

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CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS (Tables)
3 Months Ended
Mar. 31, 2012
CERTAIN RELATIONSHIPS AND RELATED-PARTY TRANSACTIONS [Abstract]  
Expenses incurred and revenue earned from director related party
The following table sets forth expenses incurred and revenue earned from the transactions noted above:
 
   
Three Months Ended
 
   
March 31,
 
   
2012
   
2011
 
   
(in thousands)
 
Director related party revenue
  $ 7     $ -  
                 
Director related party expenses
  $ 6,761     $ 366  
 
Expenses Incurred and Revenues Earned from Other Related Parties
The Company conducts certain transactions in the ordinary course of business with companies that are owned, in part or in total, by various members of management of the Company's subsidiaries or companies over which it has significant influence. These transactions primarily relate to venue rentals, concession services, equipment rentals, ticketing, marketing and other services and reimbursement of certain costs. As of March 31, 2012 and December 31, 2011, the Company has a receivable balance of $13.2 million and $13.3 million, respectively, from certain of these companies. The following table sets forth expenses incurred and revenue earned from these companies for services rendered or provided in relation to these business ventures. None of these transactions were with directors or executive officers of the Company.
 
   
Three Months Ended
 
   
March 31,
 
   
2012
   
2011
 
   
(in thousands)
 
Other related parties revenue
  $ 265     $ 566  
                 
Other related parties expenses
  $ 1,440     $ 3,578