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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement Abstract      
NET REVENUES $ 411,378 $ 379,789 $ 377,618
OPERATING EXPENSE:      
Station operating expenses, including non-cash compensation expense 287,711 259,184 252,596
Depreciation and amortization expense 8,419 7,794 8,545
Corporate general and administrative expenses, including non-cash compensation expense 26,479 26,572 24,381
Impairment loss 0 0 850
Merger and acquisition costs and restructuring charges 6,836 1,042 0
Net time brokerage agreement (income) fees (1,285) 0 0
Net (gain) loss on sale or disposal of assets (2,364) (379) (1,321)
Total operating expense 325,796 294,213 285,051
OPERATING INCOME (LOSS) 85,582 85,576 92,567
OTHER (INCOME) EXPENSE:      
Net interest expense 37,961 38,821 44,232
Interest and dividend income 0 0 0
Net (gain) loss on extinguishment of debt 0 0 0
Net (gain) loss on derivative instruments 0 0 0
Net (gain) loss on investments 0 21 0
Other income 0 0 (165)
TOTAL OTHER EXPENSE 37,961 38,842 44,067
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 47,621 46,734 48,500
INCOME TAXES (BENEFIT) 18,437 19,911 22,476
NET INCOME (LOSS) 29,184 26,823 26,024
Preferred stock dividend (752) 0 0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 28,432 $ 26,823 $ 26,024
NET INCOME (LOSS) PER SHARE - BASIC      
NET INCOME (LOSS) PER SHARE - BASIC $ 0.75 $ 0.71 $ 0.7
NET INCOME (LOSS) PER SHARE - DILUTED      
NET INCOME (LOSS) PER SHARE - DILUTED $ 0.73 $ 0.69 $ 0.68
WEIGHTED AVERAGE SHARES:      
Basic 38,083,947 37,763,353 37,417,807
Diluted 39,037,623 38,664,066 38,301,495