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SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Detailed segment data for the years ended December 31, 2018 and 2017 is presented in the following table:
 
 
 
For the Years Ended December 31,
 
 
 
2018
 
 
2017
 
 
 
(In thousands)
 
Net Revenue:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
182,765
 
 
$
176,716
 
Reach Media
 
 
42,984
 
 
 
45,529
 
Digital
 
 
31,577
 
 
 
30,754
 
Cable Television
 
 
184,298
 
 
 
187,480
 
Corporate/Eliminations*
 
 
(2,526
)
 
 
(438
)
Consolidated
 
$
439,098
 
 
$
440,041
 
 
 
 
 
 
 
 
 
 
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
117,427
 
 
$
111,813
 
Reach Media
 
 
36,064
 
 
 
41,251
 
Digital
 
 
37,617
 
 
 
32,254
 
Cable Television
 
 
99,104
 
 
 
104,802
 
Corporate/Eliminations
 
 
20,801
 
 
 
34,038
 
Consolidated
 
$
311,013
 
 
$
324,158
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
3,484
 
 
$
3,761
 
Reach Media
 
 
250
 
 
 
214
 
Digital
 
 
1,907
 
 
 
2,153
 
Cable Television
 
 
26,259
 
 
 
26,263
 
Corporate/Eliminations
 
 
1,289
 
 
 
1,625
 
Consolidated
 
$
33,189
 
 
$
34,016
 
 
 
 
 
 
 
 
 
 
Impairment of Long-Lived Assets:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
21,256
 
 
$
29,148
 
Reach Media
 
 
—
 
 
 
—
 
Digital
 
 
—
 
 
 
—
 
Cable Television
 
 
—
 
 
 
—
 
Corporate/Eliminations
 
 
—
 
 
 
—
 
Consolidated
 
$
21,256
 
 
$
29,148
 
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
40,598
 
 
$
31,994
 
Reach Media
 
 
6,670
 
 
 
4,064
 
Digital
 
 
(7,947
)
 
 
(3,653
)
Cable Television
 
 
58,935
 
 
 
56,415
 
Corporate/Eliminations
 
 
(24,616
)
 
 
(36,101
)
Consolidated
 
$
73,640
 
 
$
52,719
 
 
* Intercompany revenue included in net revenue above is as follows:
 
Radio Broadcasting
 
$
(2,526
)
 
$
(438
)
 
 
 
 
 
 
 
 
 
Capital expenditures by segment are as follows:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
3,876
 
 
$
4,131
 
Reach Media
 
 
114
 
 
 
380
 
Digital
 
 
1,197
 
 
 
1,213
 
Cable Television
 
 
570
 
 
 
275
 
Corporate/Eliminations
 
 
1,429
 
 
 
1,675
 
Consolidated
 
$
7,186
 
 
$
7,674
 
 
 
 
As of
 
 
 
December 31,

2018
 
 
December 31,

2017
 
 
 
(In thousands)
 
Total Assets:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
717,400
 
 
$
751,664
 
Reach Media
 
 
34,388
 
 
 
39,928
 
Digital
 
 
24,389
 
 
 
28,407
 
Cable Television
 
 
402,511
 
 
 
435,031
 
Corporate/Eliminations
 
 
58,721
 
 
 
61,725
 
Consolidated
 
$
1,237,409
 
 
$
1,316,755