Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31, 2023 and December 31, 2022 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
Balance as of December 31, 2022	$	807,544	$	19,852	$	145,000	$	32,000	$	13,548	$	1,017,944
Balance as of March 31, 2023	$	807,544	$	19,852	$	145,000	$	32,000	$	13,548	$	1,017,944
Accumulated Amortization
Balance as of December 31, 2022	$	—	$	—	$	(58,417)	$	(29,333)	$	(6,899)	$	(94,649)
Amortization Expense	—		—		(3,704)		(1,600)		(377)		(5,681)
Balance as of March 31, 2023	$	—	$	—	$	(62,121)	$	(30,933)	$	(7,276)	$	(100,330)
Net Book Value as of March 31, 2023	$	807,544	$	19,852	$	82,879	$	1,067	$	6,272	$	917,614

Schedule of Finite-Lived Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets as of March 31, 2023 and December 31, 2022 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
Balance as of December 31, 2022	$	807,544	$	19,852	$	145,000	$	32,000	$	13,548	$	1,017,944
Balance as of March 31, 2023	$	807,544	$	19,852	$	145,000	$	32,000	$	13,548	$	1,017,944
Accumulated Amortization
Balance as of December 31, 2022	$	—	$	—	$	(58,417)	$	(29,333)	$	(6,899)	$	(94,649)
Amortization Expense	—		—		(3,704)		(1,600)		(377)		(5,681)
Balance as of March 31, 2023	$	—	$	—	$	(62,121)	$	(30,933)	$	(7,276)	$	(100,330)
Net Book Value as of March 31, 2023	$	807,544	$	19,852	$	82,879	$	1,067	$	6,272	$	917,614