ACQUISITIONS, DIVESTITURES AND PRO FORMA SUMMARY (Tables)

6 Months Ended

Jun. 30, 2018

Business Combinations [Abstract]

Schedule of merger and acquisition costs

	Six Months Ended
	June 30,
	2018		2017
	(amounts in thousands)
Costs to exit duplicative contracts	$	510	$	-
Workforce reduction		928		-
Lease abandonment costs		257		-
Other restructuring costs		472		-
Total restructuring charges	$	2,167	$	-

	Three Months Ended
	June 30,
	2018		2017
	(amounts in thousands)
Costs to exit duplicative contracts	$	349	$	-
Workforce reduction		337		-
Total restructuring charges	$	686	$	-

Schedule of unaudited pro forma summary of financial information

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
	(amounts in thousands except share and per share data)
	Pro Forma		Pro Forma		Pro Forma		Pro Forma
Net revenues	$	372,124	$	426,728	$	674,131	$	768,622
Income (loss) from continuing operations	$	2,090	$	39,451	$	(11,075)	$	45,696
Income (loss) from discontinued operations	$	844	$	-	$	1,172	$	-
Net income (loss) available to the Company	$	2,934	$	39,451	$	(9,903)	$	45,696
Net income (loss) available to common shareholders	$	2,934	$	38,901	$	(9,903)	$	44,596
Income (loss) from continuing operations
per common share - basic	$	0.02	$	0.28	$	(0.08)	$	0.33
Income (loss) from discontinued operations
per common share - basic	$	0.01	$	-	$	0.01	$	-
Net income (loss) available to common shareholders
per common share - basic	$	0.02	$	0.28	$	(0.07)	$	0.32
Income (loss) from continuing operations
per common share - diluted	$	0.02	$	0.28	$	(0.08)	$	0.32
Income (loss) from discontinued operations
per common share - diluted	$	0.01	$	-	$	0.01	$	-
Net income (loss) available to common shareholders
per common share - diluted	$	0.02	$	0.28	$	(0.07)	$	0.32
Weighted shares outstanding basic		138,638,554		140,352,114		138,961,728		140,342,655
Weighted shares outstanding diluted		139,263,363		141,063,093		138,961,728		141,368,209
Conversion of preferred stock for dilutive purposes
under the as if method	Not applicable		anti-dilutive		Not applicable		anti-dilutive

Schedule of Restrucutring Reserve by Type

	Six		Twelve
	Months Ended		Months Ended
	June 30,		December 31,
	2018		2017
	(amounts in thousands)
Restructuring charges and lease abandonment costs, beginning balance	$	16,086	$	650
Additions resulting from the integration of CBS Radio		2,167		15,005
Restructuring charges assumed from the Merger		-		1,095
Payments		(9,374)		(664)
Restructuring charges and lease abandonment costs unpaid and outstanding		8,879		16,086
Restructuring charges and lease abandonment costs - noncurrent portion		(1,647)		(4,413)
Restructuring charges and lease abandonment costs - current portion	$	7,232	$	11,673

CBS Radio [Member]

Acquisition [Line Items]

Schedule Of Acquisition Valuation [Table Text Block]

	Preliminary Value
	as of acquisition date
	(as previously		Measurement
	reported as of		period
Description	December 31, 2017)		Adjustment		As Adjusted
	(amounts in thousands)
Assets
Accounts receivable	$	241,548	$	-	$	241,548
Prepaid sports rights and favorable sports contracts		4,160		-		4,160
Prepaid expenses, deposits and other		20,625		476		21,101
Other current assets		7,350		1,741		9,091
Total current assets		273,683		2,217		275,900
Land		112,880		-		112,880
Land improvements		3,988		(2,640)		1,348
Leasehold improvements		26,255		9,774		36,029
Buildings		19,246		(5,206)		14,040
Furniture and fixtures		10,929		(6,849)		4,080
Equipment and towers		76,486		4,921		81,407
Construction in process		14,598		-		14,598
Total tangible property		264,382		-		264,382
Advertiser relationships		27,453		-		27,453
Radio broadcasting licenses		1,880,400		-		1,880,400
Goodwill		820,961		(4,401)		816,560
Assets held for sale		255,650		-		255,650
Favorable leases		16,580		-		16,580
Other noncurrent assets		1,050		1,926		2,976
Total intangible and other assets		3,002,094		(2,475)		2,999,619
Total assets	$	3,540,159	$	(258)	$	3,539,901
Liabilities
Accounts payable	$	36,137	$	421	$	36,558
Accrued expenses		35,154		344		35,498
Accrued salaries and benefits		26,324		-		26,324
Current portion of long-term debt		10,600		-		10,600
Unfavorable sports liability - current portion		4,803		-		4,803
Accrued interest		4,529		-		4,529
Unearned revenues - current portion		14,971		-		14,971
Total current liabilities		132,518		765		133,283
Unearned revenues - non-current portion		13,859		-		13,859
Unfavorable lease liability		12,770		-		12,770
Unfavorable sports liability - non-current portion		22,597		-		22,597
Non-current portion of long-term debt		1,376,900		-		1,376,900
Deferred tax liability		780,832		(2,949)		777,883
Other long-term liabilities		31,835		1,926		33,761
Total liabilities	$	2,371,311	$	(258)	$	2,371,053
Preliminary fair value of net assets acquired	$	1,168,848	$	-	$	1,168,848

Emmis [Member]

Acquisition [Line Items]

Schedule Of Acquisition Valuation [Table Text Block]

			Useful Lives in Years
Description	April 30, 2018		From	To
	(amounts in thousands)
Assets
Equipment	$	1,558	3	7
Total tangible property		1,558
Advertiser relationships		207	5	15
Advertising contracts		114	1	1
Radio broadcasting licenses		12,785	non-amortizing
Goodwill		332	non-amortizing
Other noncurrent assets		4	2	2
Total intangible and other assets		13,442
Total assets	$	15,000
Preliminary fair value of assets acquired	$	15,000