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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS:    
Cash and cash equivalents $ 132,245 $ 73,385
Restricted cash 19,973 473
Trade accounts receivable, net of allowance for doubtful accounts of $8,743 and $7,956, respectively 127,446 106,296
Prepaid expenses 2,967 10,154
Current portion of content assets 25,883 28,434
Other current assets 4,760 4,224
Total current assets 313,274 222,966
CONTENT ASSETS, net 60,155 63,175
PROPERTY AND EQUIPMENT, net 26,291 19,192
GOODWILL 223,402 223,402
RIGHT OF USE ASSETS 38,044 40,918
RADIO BROADCASTING LICENSES 505,148 484,066
OTHER INTANGIBLE ASSETS, net 50,159 56,053
DEFERRED TAX ASSETS, net 0 10,041
ASSETS HELD FOR SALE 0 32,661
OTHER ASSETS 44,635 43,013
Total assets 1,261,108 1,195,487
CURRENT LIABILITIES:    
Accounts payable 14,588 11,135
Accrued interest 25,458 8,017
Accrued compensation and related benefits 10,960 12,302
Current portion of content payables 18,972 16,248
Current portion of lease liabilities 10,072 8,928
Other current liabilities 26,421 26,917
Current portion of long-term debt 0 23,362
Total current liabilities 106,471 106,909
LONG-TERM DEBT, net of current portion, original issue discount and issuance costs 818,616 818,924
CONTENT PAYABLES, net of current portion 2,865 9,479
LONG-TERM LEASE LIABILITIES 31,228 36,577
OTHER LONG-TERM LIABILITIES 28,320 23,999
DEFERRED TAX LIABILITIES, net 2,473 0
Total liabilities 989,973 995,888
REDEEMABLE NONCONTROLLING INTERESTS 17,015 12,701
STOCKHOLDERS' EQUITY:    
Convertible preferred stock, $.001 par value, 1,000,000 shares authorized; no shares outstanding at December 31, 2021 and December 31, 2020 0 0
Additional paid-in capital 1,020,636 991,769
Accumulated deficit (766,567) (804,919)
Total stockholders' equity 254,120 186,898
Total liabilities, redeemable noncontrolling interests and stockholders' equity 1,261,108 1,195,487
Common Stock Class A    
STOCKHOLDERS' EQUITY:    
Common stock value 9 4
Common Stock Class B    
STOCKHOLDERS' EQUITY:    
Common stock value 3 3
Common Stock Class C    
STOCKHOLDERS' EQUITY:    
Common stock value 2 3
Common Stock Class D    
STOCKHOLDERS' EQUITY:    
Common stock value $ 37 $ 38