INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of the changes in broadcasting license

	Broadcasting Licenses
	Carrying Amount
	June 30,		December 31,
	2017		2016
	(amounts in thousands)
Beginning of period balance as of January 1,	$	823,195	$	807,381
Disposition of FCC broadcasting license		(13,500)		-
Consolidation (deconsolidation) of a VIE		(15,738)		15,738
Acquisition of radio stations		17,174		-
Acquisitions - other		-		112
Disposition of radio stations previously reflected as held for sale		-		(36)
Ending period balance	$	811,131	$	823,195

Schedule of assumptions and estimates for broadcasting licences impairment testing

	Estimates And Assumptions
	Second	Second
	Quarter	Quarter
	2017	2016
Discount rate	9.25%	9.5%
Operating profit margin ranges expected
for average stations in the markets
where the Company operates	19% to 40%	14% to 40%
Long-term revenue growth rate range
of the Company's markets	1.0% to 2.0%	1.0% to 2.0%

Schedule of changes in goodwill

	Goodwill Carrying Amount
	June 30,		December 31,
	2017		2016
	(amounts in thousands)
Goodwill balance before cumulative loss
on impairment as of January 1,	$	158,333	$	158,244
Accumulated loss on impairment as of January 1,		(125,615)		(125,615)
Goodwill beginning balance after cumulative loss
on impairment as of January 1,		32,718		32,629
Loss on impairment during year		(441)		-
Acquisition of radio stations		43		-
Adjustment to acquired goodwill associated with an assumed fair value liability		-		92
Disposition of radio stations previously reflected as assets held for sale		-		(3)
Ending period balance	$	32,320	$	32,718

Schedule of assumptions and estimates for goodwill impairment testing

	Estimates And Assumptions
	Second	Second
	Quarter	Quarter
	2017	2016
Discount rate	9.25%	9.5%
Long-term revenue growth rate range
of the Company's markets	1.0% to 2.0%	1.0% to 2.0%
Market multiple used in the market
valuation approach	7.5x to 8.0x	7.5x to 8.0x