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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Detailed segment data for the three months ended March 31, 2019 and 2018, is presented in the following tables:
 
 
 
Three Months Ended

March 31,
 
 
 
2019
 
 
2018
 
 
 
(Unaudited)
 
 
 
(In thousands)
 
Net Revenue:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
36,749
 
 
$
39,513
 
Reach Media
 
 
6,973
 
 
 
6,520
 
Digital
 
 
7,437
 
 
 
8,146
 
Cable Television
 
 
47,823
 
 
 
46,186
 
Corporate/Eliminations*
 
 
(533
)
 
 
(744
)
Consolidated
 
$
98,449
 
 
$
99,621
 
 
 
 
 
 
 
 
 
 
Operating Expenses (including stock-based compensation and excluding depreciation and amortization and impairment of long-lived assets):
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
26,887
 
 
$
27,241
 
Reach Media
 
 
6,352
 
 
 
6,501
 
Digital
 
 
7,545
 
 
 
10,445
 
Cable Television
 
 
25,976
 
 
 
26,666
 
Corporate/Eliminations
 
 
7,298
 
 
 
6,609
 
Consolidated
 
$
74,058
 
 
$
77,462
 
 
 
 
 
 
 
 
 
 
Depreciation and Amortization:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
869
 
 
$
870
 
Reach Media
 
 
59
 
 
 
63
 
Digital
 
 
461
 
 
 
476
 
Cable Television
 
 
6,575
 
 
 
6,557
 
Corporate/Eliminations
 
 
310
 
 
 
322
 
Consolidated
 
$
8,274
 
 
$
8,288
 
 
 
 
 
 
 
 
 
 
Impairment of Long-Lived Assets:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
 
 
$
6,556
 
Reach Media
 
 
 
 
 
 
Digital
 
 
 
 
 
 
Cable Television
 
 
 
 
 
 
Corporate/Eliminations
 
 
 
 
 
 
Consolidated
 
$
 
 
$
6,556
 
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
8,993
 
 
$
4,846
 
Reach Media
 
 
562
 
 
 
(44
)
Digital
 
 
(569
)
 
 
(2,775
)
Cable Television
 
 
15,272
 
 
 
12,963
 
Corporate/Eliminations
 
 
(8,141
)
 
 
(7,675
)
Consolidated
 
$
16,117
 
 
$
7,315
 
 
* Intercompany revenue included in net revenue above is as follows:
 
Radio Broadcasting
 
$
(533
)
 
$
(744
)
  
Capital expenditures by segment are as follows:
 
Radio Broadcasting
 
$
221
 
 
$
417
 
Reach Media
 
 
19
 
 
 
34
 
Digital
 
 
318
 
 
 
380
 
Cable Television
 
 
96
 
 
 
42
 
Corporate/Eliminations
 
 
53
 
 
 
41
 
Consolidated
 
$
707
 
 
$
914
 
     
 
 
March 31, 2019
 
 
December 31, 2018
 
 
 
(Unaudited)
 
 
 
 
 
 
(In thousands)
 
Total Assets:
 
 
 
 
 
 
 
 
Radio Broadcasting
 
$
742,201
 
 
$
717,400
 
Reach Media
 
 
37,149
 
 
 
34,388
 
Digital
 
 
27,182
 
 
 
24,389
 
Cable Television
 
 
413,189
 
 
 
402,511
 
Corporate/Eliminations
 
 
51,868
 
 
 
58,721
 
Consolidated
 
$
1,271,589
 
 
$
1,237,409