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INTANGIBLE ASSETS AND GOODWILL (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of the changes in broadcasting license
Broadcasting Licenses
Carrying Amount
March 31,December 31,
20192018
(amounts in thousands)
Broadcasting licenses balance as of January 1,$2,516,625$2,649,959
Acquisition of radio stations - Emmis Acquisition-12,785
Acquisition of a radio station - Jerry Lee Transaction-27,346
Loss on impairment-(148,564)
Disposition of a radio station - WXTU Transaction-(24,901)
Assets held for sale - (See Note 12)(17,135)-
Ending period balance$2,499,490$2,516,625
Schedule of changes in goodwill
Goodwill Carrying Amount
March 31,December 31,
20192018
(amounts in thousands)
Goodwill balance before cumulative loss
on impairment as of January 1,$982,663$988,056
Accumulated loss on impairment as of January 1,(443,194)(126,056)
Goodwill beginning balance after cumulative loss
on impairment as of January 1,539,469862,000
Loss on impairment during year-(317,138)
Disposition of a radio station - WXTU Transaction-(8,623)
Measurement period adjustments to acquired goodwill-(21,498)
Acquisition of radio stations - Emmis Acquisition-332
Acquisition of a radio station - Jerry Lee Transaction-24,396
Assets held for sale - (See Note 12)(4,862)-
Ending period balance$534,607$539,469