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Subsequent Event
6 Months Ended
Jun. 30, 2019
Subsequent Events [Abstract]  
Subsequent Event
Subsequent Event

On July 15, 2019, the Company completed its previously announced sale of KLOS-FM in Los Angeles, CA to Meruelo Media for $43.0 million in cash ("KLOS Sale"). Prior to the completion of the sale, Meruelo Media began programming KLOS-FM under a Local Marketing Agreement on April 16, 2019.

On July 22, 2019, the Company completed a $50 million voluntary debt prepayment on the Term Loan. The debt prepayment was funded by the net proceeds from the KLOS Sale and cash on hand generated from operations.