XML 16 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets Abstract    
Cash $ 46,843 $ 9,169
Accounts receivable, net of allowance for doubtful accounts 92,172 87,157
Prepaid expenses, deposits and other 7,670 6,220
Prepaid and refundable federal and state income taxes 0 55
Deferred tax assets 0 3,464
Total current assets 146,685 106,065
Net property and equipment 63,375 57,993
Radio broadcasting licenses 823,195 807,381
Goodwill 32,718 32,629
Assets held for sale 0 6,106
Investment in deconsolidated subsidiaries 0 0
Deferred charges and other assets, net of accumulated amortization 10,260 5,471
TOTAL ASSETS 1,076,233 1,015,645
Liabilities Abstract    
Accounts payable 481 73
Accrued expenses 18,857 16,772
Accrued compensation and other current liabilities 19,603 19,924
Financing method lease obligations, current portion 0 0
Non-controlling interest - variable interest entity 23,959 0
Long-term debt, current portion 4,817 31,832
Total current liabilities 67,717 68,601
Long-term debt, net of current portion 467,651 448,724
Deferred tax liabilities 92,898 81,643
Other long-term liabilities 26,861 27,608
Total long-term liabilities 587,410 557,975
Total liabilities 655,127 626,576
CONTINGENCIES AND COMMITMENTS
Perpetual Cumulative Convertible Preferred Stock 27,732 27,619
SHAREHOLDERS' EQUITY:    
Preferred stock 0 0
Common stock 407 397
Additional paid-in capital 605,603 611,754
Accumulated deficit (212,636) (250,701)
Accumulated other comprehensive income (loss) 0 0
Total shareholders' equity 393,374 361,450
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,076,233 1,015,645
Common Class A [Member]    
SHAREHOLDERS' EQUITY:    
Common stock 335 325
Common Class B [Member]    
SHAREHOLDERS' EQUITY:    
Common stock 72 72
Common Class C Member    
SHAREHOLDERS' EQUITY:    
Common stock $ 0 $ 0