INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of the changes in broadcasting license

	Broadcasting Licenses
	Carrying Amount
	June 30,		December 31,
	2019		2018
	(amounts in thousands)
Broadcasting licenses balance as of January 1,	$	2,516,625	$	2,649,959
Disposition of radio stations - Cumulus Exchange (See Note 2)		(17,135)		-
Acquisition of radio stations - Cumulus Exchange (See Note 2)		19,576		-
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 13)		(805)		-
Ending period balance	$	2,518,261	$	2,516,625

Schedule of changes in goodwill

	Goodwill Carrying Amount
	June 30,		December 31,
	2019		2018
	(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,		539,469		862,000
Loss on impairment during year		-		(317,138)
Disposition of radio stations - Cumulus Exchange (See Note 2)		(4,862)		-
Acquisition of radio stations - Cumulus Exchange (See Note 2)		2,080		-
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
Ending period balance	$	536,687	$	539,469