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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement Abstract      
NET REVENUES $ 460,245 $ 411,378 $ 379,789
OPERATING EXPENSE:      
Station operating expenses, including non-cash compensation expense 318,744 287,711 259,184
Depreciation and amortization expense 9,793 8,419 7,794
Corporate general and administrative expenses, including non-cash compensation expense 33,328 26,479 26,572
Impairment loss 254 0 0
OtherCostAndExpenseOperating 565 0 0
Merger and acquisition costs and restructuring charges 708 6,836 1,042
Net time brokerage agreement (income) fees 417 (1,285) 0
Net (gain) loss on sale or disposal of assets (1,621) (2,364) (379)
Total operating expense 362,188 325,796 294,213
OPERATING INCOME (LOSS) 98,057 85,582 85,576
OTHER (INCOME) EXPENSE:      
Net interest expense 36,639 37,961 38,821
Net (gain) loss on extinguishment of debt 10,858 0 0
Net (gain) loss on investments 0 0 21
Other income (2,299) 0 0
TOTAL OTHER (INCOME) EXPENSE 8,559 0 21
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) 52,859 47,621 46,734
INCOME TAXES (BENEFIT) 14,794 18,437 19,911
NET INCOME (LOSS) 38,065 29,184 26,823
Preferred stock dividend (1,901) (752) 0
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS $ 36,164 $ 28,432 $ 26,823
NET INCOME (LOSS) PER SHARE - BASIC      
NET INCOME (LOSS) PER SHARE - BASIC $ 0.94 $ 0.75 $ 0.71
NET INCOME (LOSS) PER SHARE - DILUTED      
NET INCOME (LOSS) PER SHARE - DILUTED $ 0.91 $ 0.73 $ 0.69
WEIGHTED AVERAGE SHARES:      
Basic 38,500,495 38,083,947 37,763,353
Diluted 39,568,062 39,037,623 38,664,066