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 as of December 31, 2010 and 2009 were as follows (in thousands):  The amounts above represent the consolidated assets and liabilities of the VIEs related to our LMA and outsourcing  agreements and have been aggregated as they all relate to our broadcast business. In addition the risk and reward characteristics  of the VIEs are similar. Under the previously applicable accounting guidance for consolidation, we had determined that we had a variable interest in  four real estate ventures and that we were the primary beneficiary of those VIEs and should consolidate the assets and liabilities  of those entities. However, under the new accounting guidance for consolidation which was effective January 1, 2010, we no  longer consider one of these investments to be a VIE since the investment does not meet the VIE criteria under the new  accounting guidance. We still consolidate the assets and liabilities of this entity pursuant to other accounting guidance based on  voting-interests. Under the new accounting guidance for consolidation, we no longer consider ourselves the primary beneficiary  of the other three real estate ventures since, as the manager of the venture, the other partner holds the power to direct activities  that significantly impact the economic performance of the VIE and can participate in returns that would be considered significant  to the VIE. The effect of this change is not material to our consolidated financial statements. 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 allow us to  control the entity, and therefore, we are not considered the primary beneficiary of the VIE. We account for these entities using  the equity or cost method of accounting. 2010 Annual Report    33  ASSETS 2010  2009  CURRENT ASSETS:  Cash and cash equivalents  $ 5,319  $ 4,127  Income taxes receivable  —  33 Current portion of program contract costs  480  430  Prepaid expenses and other current assets  105  129 Deferred tax assets  —  27  Total current asset  5,904  4,746 PROGRAM CONTRACT COSTS, less current portion  491  649  PROPERTY AND EQUIPMENT, net  7,461  8,239 GOODWILL  6,357  6,357  BROADCAST LICENSES  4,183 4,320  DEFINITE-LIVED INTANGIBLE ASSETS, net  6,959  7,393  OTHER ASSETS  914  213 Total assets  $ 32,269  $ 31,917  LIABILITIES CURRENT LIABILITIES:  Accounts payable  $ 37  $ 37  Accrued liabilities  773  774 Income taxes payable  44  —  Current portion of notes payable, capital leases and commercial bank financing  11,056  11,039 Current portion of program contracts payable  649  576  Total current liabilities  12,559  12,426 LONG-TERM LIABILITIES:  Notes payable, capital leases and commercial bank financing, less current portion  13,484  24,540  Program contracts payable, less current portion  190  444 Deferred tax liabilities  —  218  Total liabilities  $ 26,233  $  37,628