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Nature of Business, Interim Financial Data and Basis of Presentation (Tables)
6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Condensed Cash Flow Statement
The following summarizes supplemental cash flow information to be read in conjunction with the Condensed Consolidated Statements of Cash Flows for the Period from June 4, 2018 through June 30, 2018 (Successor), Period from January 1, 2018 through June 3, 2018 (Predecessor) and the Six Months Ended June 30, 2017 (Predecessor):
 
Successor Company
 
 
Predecessor Company
 
Period from June 4, 2018 through June 30,
 
 
Period from January 1, 2018 through June 3,
 
Six Months Ended June 30,
 
2018
 
 
2018
 
2017
Supplemental disclosures of cash flow information:
 
 
 
 
 
 
Interest paid
$
5,878

 
 
$

 
$
62,609

Income taxes paid
2,847

 
 
1,992

 
2,790

Supplemental disclosures of non-cash flow information:
 
 
 
 
 
 
Trade revenue
$
3,297

 
 
$
18,973

 
$
20,253

Trade expense
3,246

 
 
17,964

 
19,485

Transfer of deposit from escrow - WKQX acquisition
4,750

 
 

 

Supplemental disclosures of non-cash reorganization items:
 
 
 
 
 
 
Accounts receivable
 
 
 
$
(11
)
 
 
Prepaid expenses and other current assets

 
 
21,077

 

Property and equipment

 
 
(121,732
)
 

Other intangible assets, goodwill and other assets

 
 
283,217

 

Accounts payable, accrued expenses and other liabilities

 
 
(36,415
)
 

Long-term debt
 
 
 
(994,407
)
 
 
Stockholders' equity

 
 
324,620

 

Reconciliation of cash and cash equivalents and restricted cash to the Condensed Consolidated Balance Sheet:
 
 
 
 
 
 
Cash and cash equivalents
$
37,444

 
 
$
50,046

 
$
141,195

Restricted cash
29,226

 
 
38,305

 
7,822

     Total cash and cash equivalents and restricted cash
$
66,670

 
 
$
88,351

 
$
149,017