Related Party Transactions Disclosure

6 Months Ended

Mar. 31, 2013

NOTE 4 – For the six months ended March 31, 2012 and 2013, distributions to owners and related activity consisted of the following:


	Distributions to Owners and Dividends		Federal and State Income Tax Receivable (Payable)			Net Distributions to Owners
Balance as of September 30, 2011	$	493,033	$	—		$	493,033

Cash advances to Perpetual		7,500					7,500
Repayment of cash advances from Perpetual		—					—
Charge for federal and state income taxes				(5,698	)		(5,698	)
Payment of income taxes				5,644			5,644

Balance as of March 31, 2012	$	500,533	$	(54	)	$	500,479

Balance as of September 30, 2012	$	510,946	$	—		$	510,946

Cash advances to Perpetual		44,800					44,800
Repayment of cash advances from Perpetual		—					—
Charge for federal and state income taxes				(11,473	)		(11,473	)
Payment of income taxes				9,202			9,202

Balance as of March 31, 2013	$	555,746	$	(2,271	)	$	553,475

The average amount of non-interest bearing advances outstanding was $490,732 and $534,666 during the six months ended March 31, 2012 and 2013, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 57

-Paragraph 1-4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 850

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-URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

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-Article 3A

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph k

-Article 4

+ Details

ALLBRITTON COMMUNICATIONS CO 10-Q