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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 69,431 $ 131,259
Restricted cash 7,680 8,025
Accounts receivable, less allowance for doubtful accounts of $5,922 and $4,691 at September 30, 2017 and December 31, 2016, respectively 231,630 231,585
Trade receivable 4,679 4,985
Assets held for sale 30,150 30,150
Prepaid expenses and other current assets 58,140 33,923
Total current assets 401,710 439,927
Property and equipment, net 157,507 162,063
Broadcast licenses 1,539,718 1,540,183
Other intangible assets, net 90,369 116,499
Goodwill 135,214 135,214
Other assets 17,856 18,805
Total assets 2,342,374 2,412,691
Current liabilities:    
Accounts payable and accrued expenses 96,526 96,241
Trade payable 3,640 4,550
Total current liabilities 100,166 100,791
Term loan, net of debt issuance costs/discounts of $23,054 and $29,909 at September 30, 2017 and December 31, 2016, respectively 1,705,560 1,780,357
7.75% senior notes, net of debt issuance costs of $4,335 and $6,200 at September 30, 2017 and December 31, 2016, respectively 605,665 603,800
Other liabilities 27,235 31,431
Deferred income taxes 393,939 388,050
Total liabilities 2,832,565 2,904,429
Commitments and Contingencies (Note 10)
Stockholders’ deficit:    
Treasury stock, at cost, 2,806,187 shares at both September 30, 2017 and December 31, 2016 (229,310) (229,310)
Additional paid-in-capital 1,626,237 1,624,815
Accumulated deficit (1,887,439) (1,887,564)
Total stockholders’ deficit (490,191) (491,738)
Total liabilities and stockholders’ deficit 2,342,374 2,412,691
Class A common stock    
Stockholders’ deficit:    
Common stock 320 320
Class C common stock    
Stockholders’ deficit:    
Common stock $ 1 $ 1