Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Indefinite-Lived Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets as of September 30, 2021 and December 31, 2020 are as follows (dollars in thousands):

	Indefinite-Lived				Definite-Lived								Total
Gross Carrying Amount	FCC licenses		Trademarks		Affiliate and producer relationships		Broadcast advertising		Tower income contracts		Other
Balance as of December 31, 2020	$	825,590	$	19,760	$	130,000	$	32,000	$	13,592	$	11,060	$	1,032,002
Assets held for sale	(185)		(2)		—		—		(2)		(1)		(190)
Acquisition	—		—		15,000		—		—		—		15,000
Dispositions	(1,471)		(9)		—		—		(10)		(6)		(1,496)
Balance as of September 30, 2021	$	823,934	$	19,749	$	145,000	$	32,000	$	13,580	$	11,053	$	1,045,316
Accumulated Amortization
Balance as of December 31, 2020	$	—	$	—	$	(30,530)	$	(16,533)	$	(3,902)	$	(11,060)	$	(62,025)
Amortization Expense	—		—		(9,364)		(4,800)		(1,128)		—		(15,292)
Assets held for sale	—		—		—		—		—		1		1
Dispositions	—		—		—		—		—		6		6
Balance as of September 30, 2021	$	—	$	—	$	(39,894)	$	(21,333)	$	(5,030)	$	(11,053)	$	(77,310)
Net Book Value as of September 30, 2021	$	823,934	$	19,749	$	105,106	$	10,667	$	8,550	$	—	$	968,006

Schedule of Finite-Lived Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets as of September 30, 2021 and December 31, 2020 are as follows (dollars in thousands):

	Indefinite-Lived				Definite-Lived								Total
Gross Carrying Amount	FCC licenses		Trademarks		Affiliate and producer relationships		Broadcast advertising		Tower income contracts		Other
Balance as of December 31, 2020	$	825,590	$	19,760	$	130,000	$	32,000	$	13,592	$	11,060	$	1,032,002
Assets held for sale	(185)		(2)		—		—		(2)		(1)		(190)
Acquisition	—		—		15,000		—		—		—		15,000
Dispositions	(1,471)		(9)		—		—		(10)		(6)		(1,496)
Balance as of September 30, 2021	$	823,934	$	19,749	$	145,000	$	32,000	$	13,580	$	11,053	$	1,045,316
Accumulated Amortization
Balance as of December 31, 2020	$	—	$	—	$	(30,530)	$	(16,533)	$	(3,902)	$	(11,060)	$	(62,025)
Amortization Expense	—		—		(9,364)		(4,800)		(1,128)		—		(15,292)
Assets held for sale	—		—		—		—		—		1		1
Dispositions	—		—		—		—		—		6		6
Balance as of September 30, 2021	$	—	$	—	$	(39,894)	$	(21,333)	$	(5,030)	$	(11,053)	$	(77,310)
Net Book Value as of September 30, 2021	$	823,934	$	19,749	$	105,106	$	10,667	$	8,550	$	—	$	968,006