CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS:
Cash	$ 208,222	$ 20,393
Accounts receivable, net of allowance of $18,311 in 2020 and $17,515 in 2019	199,077	378,912
Prepaid expenses, deposits and other	47,763	25,375
Total current assets	455,062	424,680
Investments	3,305	3,305
Property and equipment, net	346,984	350,666
Operating lease right-of-use assets	244,354	259,613
Radio broadcasting licenses	2,503,546	2,508,121
Goodwill	43,892	43,920
Assets held for sale	509	10,188
Other assets, net	35,549	43,185
TOTAL ASSETS	3,633,201	3,643,678
LIABILITIES:
Accounts payable	9,062	5,961
Accrued expenses	50,856	76,078
Other current liabilities	58,564	76,837
Operating lease liabilities	35,699	35,335
Long-term debt, current portion	5,488	16,377
Total current liabilities	159,669	210,588
Long-term debt, net of current portion	1,821,515	1,697,114
Operating lease liabilities, net of current portion	238,152	253,346
Net deferred tax liabilities	539,874	549,658
Other long-term liabilities	55,681	51,529
Total long-term liabilities	2,655,222	2,551,647
Total liabilities	2,814,891	2,762,235
CONTINGENCIES AND COMMITMENTS
SHAREHOLDERS' EQUITY:
Class A, B and C common stock	1,380	1,379
Additional paid-in capital	1,658,210	1,655,781
Accumulated deficit	(838,527)	(775,578)
Accumulated other comprehensive income (loss)	(2,753)	(139)
Total shareholders' equity	818,310	881,443
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 3,633,201	$ 3,643,678