Intangible Assets (Tables)

9 Months Ended

Sep. 30, 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 September 30, 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
Dispositions	(1,307)		(41)		—		—		(41)		(1,389)
Other (a)	—		—		—		(32,000)		—		(32,000)
Balance as of September 30, 2023	$	806,237	$	19,811	$	145,000	$	—	$	13,507	$	984,555
Accumulated Amortization
Balance as of December 31, 2022	$	—	$	—	$	(58,417)	$	(29,333)	$	(6,899)	$	(94,649)
Amortization Expense	—		—		(11,113)		(2,667)		(1,128)		(14,908)
Dispositions	—		—		—		—		23		23
Other (a)	—		—		—		32,000		—		32,000
Balance as of September 30, 2023	$	—	$	—	$	(69,530)	$	—	$	(8,004)	$	(77,534)
Net Book Value as of September 30, 2023	$	806,237	$	19,811	$	75,470	$	—	$	5,503	$	907,021

(a) Removed gross carrying amount and accumulated amortization of fully amortized intangible assets as of June 30, 2023.

Schedule of Finite-Lived Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s intangible assets as of September 30, 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
Dispositions	(1,307)		(41)		—		—		(41)		(1,389)
Other (a)	—		—		—		(32,000)		—		(32,000)
Balance as of September 30, 2023	$	806,237	$	19,811	$	145,000	$	—	$	13,507	$	984,555
Accumulated Amortization
Balance as of December 31, 2022	$	—	$	—	$	(58,417)	$	(29,333)	$	(6,899)	$	(94,649)
Amortization Expense	—		—		(11,113)		(2,667)		(1,128)		(14,908)
Dispositions	—		—		—		—		23		23
Other (a)	—		—		—		32,000		—		32,000
Balance as of September 30, 2023	$	—	$	—	$	(69,530)	$	—	$	(8,004)	$	(77,534)
Net Book Value as of September 30, 2023	$	806,237	$	19,811	$	75,470	$	—	$	5,503	$	907,021

(a) Removed gross carrying amount and accumulated amortization of fully amortized intangible assets as of June 30, 2023.