XML 49 R38.htm IDEA: XBRL DOCUMENT v3.19.2
Nature of Business, Interim Financial Data and Basis of Presentation (Condensed Supplemental Cash Flow) (Details) - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Jun. 04, 2018
Jun. 30, 2018
Jun. 03, 2018
Jun. 30, 2019
Jun. 03, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Dec. 31, 2017
Supplemental disclosures of non-cash flow information:                  
Trade revenue   $ 3,300 $ 7,700 $ 10,700 $ 19,000 $ 24,000      
Reconciliation of cash and cash equivalents and restricted cash to the Condensed Consolidated Balance Sheet:                  
Restricted cash       2,500   2,500   $ 2,500  
Successor Company                  
Supplemental disclosures of cash flow information:                  
Interest paid   5,878       41,978      
Income taxes paid   2,847       14,134      
Supplemental disclosures of non-cash flow information:                  
Trade revenue   3,297       23,980      
Trade expense   3,246       22,008      
Transfer of deposit from escrow - WKQX acquisition   4,750       0      
Accounts receivable   0       0      
Prepaid expenses and other current assets   0       0      
Property and equipment   0       0      
Other intangible assets, goodwill and other assets   0       0      
Accounts payable, accrued expenses and other liabilities   0       0      
Reconciliation of cash and cash equivalents and restricted cash to the Condensed Consolidated Balance Sheet:                  
Cash and cash equivalents   37,444   20,500   20,500 $ 37,444 27,584  
Restricted cash   29,226   2,466   2,466 29,226 2,454  
Total cash and cash equivalents and restricted cash $ 88,351 $ 66,670   $ 22,966   $ 22,966 66,670 $ 30,038  
Predecessor Company                  
Supplemental disclosures of cash flow information:                  
Interest paid             0    
Income taxes paid             1,992    
Supplemental disclosures of non-cash flow information:                  
Trade revenue             18,973    
Trade expense             17,964    
Transfer of deposit from escrow - WKQX acquisition             0    
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)    
Issuance of Successor Company Term Loan             1,300,000    
Cancellation of Predecessor Company stockholders' equity $ (1,397,917)           649,620    
Issuance of Successor Company stockholders' equity             (325,000)    
Reconciliation of cash and cash equivalents and restricted cash to the Condensed Consolidated Balance Sheet:                  
Cash and cash equivalents     50,046   50,046        
Restricted cash     38,305   38,305        
Total cash and cash equivalents and restricted cash     $ 88,351   $ 88,351       $ 111,890
Senior Notes at 7.75% | Predecessor Company                  
Supplemental disclosures of non-cash flow information:                  
Noncash cancellation of debt             (610,000)    
Term Loan | Predecessor Company                  
Supplemental disclosures of non-cash flow information:                  
Noncash cancellation of debt             $ (1,684,407)