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INTANGIBLE ASSETS AND GOODWILL (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the changes in broadcasting license
Broadcasting Licenses
Carrying Amount
September 30,December 31,
20172016
(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 stations17,174-
Acquisitions - other-112
Assets held for sale(54,518)-
Disposition of radio stations previously reflected as held for sale-(36)
Ending period balance$756,613$823,195
Schedule of changes in goodwill
Goodwill Carrying Amount
September 30,December 31,
20172016
(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 1,32,71832,629
Loss on impairment during year(441)-
Acquisition of radio stations43-
Assets held for sale(266)-
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$32,054$32,718