Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible Assets

The following table presents the intangible assets as of March 31, 2019 and December 31, 2018 (dollars in thousands):

Intangible Assets:	Indefinite-Lived			Definite-Lived			Total
Balance as of December 31, 2018	$	956,836		$	172,351		$	1,129,187
Transfers to assets held for sale (See Note 1)	(75,413		)	(660		)	(76,073		)
Amortization	—			(7,929		)	(7,929		)
Other (a)	—			(1,970		)	(1,970		)
Balance as of March 31, 2019	$	881,423		$	161,792		$	1,043,215

(a) Reclassification of leasehold intangibles to right of use assets related to the adoption of ASC 842

The Company's indefinite-lived intangible assets consist of broadcasting licenses and trademarks, while the Company's definite-lived intangible assets consist of broadcast advertising and affiliate relationships.

The Company performs impairment testing of its broadcasting licenses annually as of December 31 of each year and on an interim basis if events or circumstances indicate that broadcasting licenses may be impaired. The Company reviews the carrying value of its definite-lived intangible assets, primarily broadcast advertising and affiliate relationships for recoverability prior to its annual impairment test and whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. Events and circumstances did not necessitate any interim impairment tests during the three months ended March 31, 2019.