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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 4,203 $ (42,328)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation and amortization 25,723 26,345
Amortization of debt financing costs 3,924 3,635
Amortization of content assets 36,076 36,270
Amortization of launch assets 61 2,050
Deferred income taxes 4,106 22,612
Impairment of long-lived assets 0 14,545
Stock-based compensation 2,319 3,795
(Gain) loss on retirement of debt (2,646) 7,091
Tax impact of increased ownership of TV One 3,538 0
Effect of change in operating assets and liabilities:    
Trade accounts receivable 3,791 (3,903)
Prepaid expenses and other current assets (295) 1,062
Other assets 212 773
Accounts payable (3,461) (2,979)
Accrued interest (1,480) 3,706
Accrued compensation and related benefits (1,329) 3,015
Other liabilities 6,772 2,005
Payment of launch support 0 (670)
Payments for content assets (46,891) (46,843)
Net cash flows provided by operating activities 34,623 30,181
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (4,021) (6,005)
Cost method investment 0 (5,000)
Purchase of additional membership interest in TV One 0 (209,855)
Proceeds from sales of investment securities 0 3,524
Purchases of investment securities 0 (591)
Acquisition of station and broadcasting assets (2,000) 0
Net cash flows used in investing activities (6,021) (217,927)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Premium paid on repayment of long-term debt 0 (827)
Proceeds from 2015 Credit Facility 0 350,000
Proceeds from debt issuance 0 350,000
Repayment of 2020 Notes (17,174) 0
Repurchase of common stock (3,584) (1,423)
Repayment of credit facility (2,625) (369,407)
Repayment of TV One senior secured notes 0 (119,000)
Debt refinancing costs and original issue discount (421) (23,480)
Payment of dividends to noncontrolling interest members of TV One 0 (5,739)
Payment of dividends to noncontrolling interest members of Reach Media 0 (1,001)
Net cash flows (used in) provided by financing activities (23,804) 179,123
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 4,798 (8,623)
CASH AND CASH EQUIVALENTS, beginning of period 67,376 67,781
CASH AND CASH EQUIVALENTS, end of period 72,174 59,158
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 59,044 52,213
Income taxes, net 496 333
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Note payable incurred as part of purchase of additional membership interest in TV One $ 0 $ 11,872