BUSINESS COMBINATIONS (Tables)

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Restructuring charges table

	Six Months Ended
	June 30,
	2019		2018
	(amounts in thousands)
Costs to exit duplicative contracts	$	-	$	510
Workforce reduction		3,793		928
Lease abandonment costs		-		257
Other restructuring costs		583		472
Total restructuring charges	$	4,376	$	2,167

	Three Months Ended
	June 30,
	2019		2018
	(amounts in thousands)
Costs to exit duplicative contracts	$	-	$	349
Workforce reduction		3,100		337
Other restructuring costs		262		-
Total restructuring charges	$	3,362	$	686

Schedule of Restrucutring Reserve table

	Six Months		Twelve Months
	Ended		Ended
	June 30,		December 31,
	2019		2018
	(amounts in thousands)
Restructuring charges and lease abandonment costs, beginning balance	$	7,077	$	16,086
Additions resulting from the integration of CBS Radio		4,376		5,830
Payments		(3,896)		(14,839)
Restructuring charges and lease abandonment costs unpaid and outstanding		7,557		7,077
Restructuring charges and lease abandonment costs - noncurrent portion		(419)		(988)
Restructuring charges and lease abandonment costs - current portion	$	7,138	$	6,089

Schedule of unaudited pro forma summary of financial information table

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
	(amounts in thousands except share and per share data)
	Actual		Pro Forma		Actual		Pro Forma
Net revenues	$	380,665	$	376,533	$	689,670	$	681,958
Income (loss) from continuing operations	$	25,992	$	3,272	$	29,116	$	(10,400)
Income (loss) from discontinued operations	$	-	$	844	$	-	$	1,172
Net income (loss) available to the Company	$	25,992	$	4,116	$	29,116	$	(9,228)
Net income (loss) available to common shareholders	$	25,992	$	4,116	$	29,116	$	(9,228)
Income (loss) from continuing operations
per common share - basic	$	0.19	$	0.02	$	0.21	$	(0.07)
Income (loss) from discontinued operations
per common share - basic	$	-	$	0.01	$	-	$	0.01
Net income (loss) available to common shareholders
per common share - basic	$	0.19	$	0.03	$	0.21	$	(0.07)
Income (loss) from continuing operations
per common share - diluted	$	0.19	$	0.02	$	0.21	$	(0.07)
Income (loss) from discontinued operations
per common share - diluted	$	-	$	0.01	$	-	$	0.01
Net income (loss) available to common shareholders
per common share - diluted	$	0.19	$	0.03	$	0.21	$	(0.07)
Weighted shares outstanding basic		138,760,483		138,638,554		138,684,845		138,961,728
Weighted shares outstanding diluted		139,074,229		139,263,363		139,221,904		138,961,728

2019 Cumulus Exchange [Member]

Acquisition [Line Items]

Schedule of tangible and intangible assets acquired table

			Useful Lives in Years
	Preliminary Value		From	To
	(amounts in thousands)
Assets
Equipment	$	844	3	7
Total tangible property		844
Radio broadcasting licenses		19,576	non-amortizing
Goodwill		2,080	non-amortizing
Total intangible and other assets		21,656
Total assets	$	22,500
Preliminary fair value of net assets acquired	$	22,500

2018 Jerry Lee Transaction [Member]

Acquisition [Line Items]

Schedule of tangible and intangible assets acquired table

			Useful Lives in Years
	Preliminary Value		From	To
	(amounts in thousands)
Assets
Equipment	$	981	3	7
Total tangible property		981
Advertising contracts		477	1	1
Radio broadcasting licenses		27,346	non-amortizing
Goodwill		24,396	non-amortizing
Net working capital		3,234	not applicable
Total intangible and other assets		55,453
Total assets	$	56,434
Preliminary fair value of net assets acquired	$	56,434

2018 Emmis Acquisition [Member]

Acquisition [Line Items]

Schedule of tangible and intangible assets acquired table

	Final Value
	(amounts in thousands)
Assets
Equipment	$	1,558
Total tangible property		1,558
Advertiser relationships		207
Advertising contracts		114
Radio broadcasting licenses		12,785
Goodwill		332
Other noncurrent assets		4
Total intangible and other assets		13,442
Total assets	$	15,000
Fair value of assets acquired	$	15,000