Washington Post 2012 Annual Report Download - page 53

The headquarters offices of Cable ONE are located in a three-story office building in Phoenix, AZ, that was purchased
by Cable ONE in 1998. Cable ONE purchased an adjoining two-story office building in 2005; that building is currently
unused. In 2012, Cable ONE purchased a six-story office building in Phoenix, which it is renovating, and plans to use as
its new corporate headquarters. The majority of the offices and head-end facilities of the division’s individual cable
systems are located in buildings owned by Cable ONE. Most of the tower sites used by the division are leased. In
addition, the division houses call-center operations in 60,000 square feet of rented space in Phoenix under a lease that
will expire in 2013 (but was renewed in part in 2012). A portion of that call-center operation will relocate to the new
headquarters building.
WP Company owns the principal offices of the Post in downtown Washington, DC, including both a seven-story building
in use since 1950 and a connected nine-story office building, on contiguous property, completed in 1972, in which the
Company’s principal executive offices are located. WP Company also owns and occupies a small office building on
L Street that is connected to the Post’s office building. Additionally, WP Company owns land on the corner of 15th and
L Streets, NW, in Washington, DC, adjacent to the Post’s office building. This land is leased on a long-term basis to the
owner of a multistory office building that was constructed on the site in 1982.
WP Company owns a printing plant in Fairfax County, VA, which was built in 1980 and expanded in 1998. That
facility is located on 19 acres of land owned by WP Company.
The Daily Herald Company owns its plant and office building in Everett, WA; it also owns two warehouses and a small
rental building adjacent to its plant. These properties are being marketed for sale.
PNM owns a two-story combination office building and printing plant on a seven-acre plot in Laurel, MD. PNM also
owns a one-story brick building in St. Mary’s County, MD, used by editorial and sales staff, and office space in
Montgomery and Charles counties, MD. In addition, PNM leases editorial and sales office space in Frederick and
Calvert counties, MD, and Fairfax County, VA.
The headquarters offices of the Company’s broadcasting operations are located in Detroit, MI, in the same facilities that
house the offices and studios of WDIV. That facility and those that house the operations of each of the Company’s other
television stations are all owned by subsidiaries of the Company, as are the related tower sites (except in Houston,
Orlando, Jacksonville and Miami, where the tower sites are 50% owned).
Robinson Terminal Warehouse LLC (Robinson), a wholly-owned subsidiary of the Company, owns two wharves and several
warehouses in Alexandria, VA. These facilities, which are adjacent to the business district and occupy approximately seven
acres of land, are being marketed for sale. Robinson also owns two partially developed tracts of land in Fairfax County, VA,
aggregating about 20 acres. These tracts are near the Post’s Virginia printing plant and include several warehouses.
Robinson also owns 23 acres of undeveloped land on the Potomac River in Charles County, MD.
WP Company has assumed the lease of approximately 85,000 square feet of office space in Arlington, VA, that will
expire in 2015. The space has been subleased. WP Company also leases office space in New York City, Chicago, Los
Angeles and San Francisco. The Slate Group leases office space in Washington, DC. Social Code leases office space in
Washington, DC; New York City; San Francisco, CA; and Seattle, WA.
Greater Washington Publishing’s offices are located in leased space in Vienna, VA; El Tiempo Latino’s offices are located
in leased space in Arlington, VA.
Celtic’s headquarters office is located in leased space in Mars, PA. This lease expires in 2017. In addition to its
headquarters, Celtic leases ten small office spaces in its various service territories: Carlisle, PA; Perryopolis, PA;
Harrisburg, PA; Kingston, PA; New Castle, PA; Rockville, MD; and Owings Mills, MD. Celtic also leases space for
hospice inpatient units in Dunmore, PA, and Wilkes-Barre, PA.
Item 3. Legal Proceedings.
A purported class-action complaint was filed against the Company, Donald E. Graham and Hal S. Jones on October 28,
2010, in the U.S. District Court for the District of Columbia, by the Plumbers Local #200 Pension Fund. The complaint
alleged that the Company and certain of its officers made materially false and misleading statements or failed to disclose
material facts relating to KHE, in violation of the U.S. Federal securities laws. The complaint sought damages, attorneys’
fees, costs and equitable/injunctive relief. The Company moved to dismiss the complaint, and on December 23, 2011,
the court granted the Company’s motion and dismissed the case with prejudice. On January 25, 2012, the Plaintiff filed
a motion seeking leave to amend or alter that final judgment, which the court granted in part on March 13, 2012, by
allowing the Plaintiff to file an amended complaint. On May 11, 2012, the Company moved to dismiss the amended
complaint. The parties await a ruling on the motion to dismiss.
2012 FORM 10-K 41