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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income $ 2,057 $ 138,605
Adjustments to reconcile consolidated net income to net cash from operating activities:    
Depreciation and amortization 16,985 33,189
Amortization of debt financing costs 3,895 2,885
Amortization of content assets 48,283 43,796
Amortization of launch assets 1,027 422
Amortization of right of use assets 6,991 0
Deferred income taxes 10,269 (135,688)
Non-cash interest expense 2,033 0
Non-cash lease liability expense 5,682 0
Impairment of long-lived assets 10,600 21,256
Stock-based compensation 4,784 4,711
Loss on retirement of debt 0 1,809
Effect of change in operating assets and liabilities, net of assets acquired and disposed of:    
Trade accounts receivable 4,206 (1,411)
Prepaid expenses and other current assets (4,280) (1,806)
Other assets (5,695) 788
Accounts payable (1,412) (796)
Accrued interest 2,207 (8,541)
Accrued compensation and related benefits (4,130) 6,385
Other liabilities 453 (9,900)
Payments for content assets (45,450) (45,475)
Payment of launch support 0 0
Net cash flows provided by operating activities 58,505 50,229
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (5,145) (4,428)
Proceeds from sale of radio station 13,500 12,791
Purchases of intangible assets 0 (400)
Acquisition of station and broadcasting assets 0 (4,763)
Net cash flows provided by investing activities 8,355 3,200
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from MGM National Harbor Loan 0 50,000
Repayment of Comcast Note (11,872) 0
Debt refinancing costs and original issue discount 0 (7,387)
Distribution of contingent consideration (658) (1,148)
Proceeds from exercise of stock options 29 94
Premium paid on repayment of long-term debt 0 (2,133)
Repayment of 2020 Notes (2,037) (271,855)
Payment of dividends to noncontrolling interest members of Reach Media (1,000) (2,227)
Repayment of share-based equity awards 0 (1,077)
Repurchase of common stock (5,515) (8,168)
Net cash flows used in financing activities (49,204) (75,350)
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 17,656 (21,921)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of year 15,890 37,811
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of year 33,546 15,890
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for: Interest 73,255 82,258
Cash paid for: Income taxes, net of refunds 136 1,158
NON-CASH OPERATING, FINANCING AND INVESTING ACTIVITIES:    
Right of use asset additions upon adoption of ASC 842 49,803 0
Lease liability additions upon adoption of ASC 842 54,113 0
Right of use asset and lease liability additions 1,300 0
Issuance of common stock 2,108 0
Purchases of property and equipment 0 329
2018 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from 2018 Credit Facility 0 192,000
Repayment of Credit Facility (24,854) 0
2017 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of Credit Facility $ (3,297) $ (23,449)