INTANGIBLE ASSETS AND GOODWILL (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of the changes in broadcasting license

The following table presents the changes in the carrying value of broadcasting licenses:

	Broadcasting Licenses Carrying Amount
	December 31, 2020		December 31, 2019
	(amounts in thousands)
Broadcasting licenses balance as of January 1,	$	2,508,121	$	2,516,625
Disposition of radio stations (see Note 3, 22)	(432)		(17,940)
Acquisitions (see Note 3)	—		19,576
Loss on impairment (See Note 14)	(261,929)		—
Assets held for sale (see Note 22)	(16,744)		(10,140)
Ending period balance	$	2,229,016	$	2,508,121

Schedule of changes in goodwill

The following table presents the changes in goodwill.

	Goodwill Carrying Amount
	December 31, 2020		December 31, 2019
	(amounts in thousands)
Goodwill balance before cumulative loss on impairment as of January 1,	$	1,024,467	$	982,663
Accumulated loss on impairment as of January 1,	(980,547)		(443,194)
Goodwill beginning balance after cumulative loss on impairment as of January 1,	43,920		539,469
Loss on impairment (see Note 14)	—		(537,353)
Dispositions (see Note 3)	—		(4,862)
Acquisitions (see Note 3)	18,323		46,666
Measurement period adjustments to acquired goodwill	(28)		—
Ending period balance	$	62,215	$	43,920
Goodwill balance before cumulative loss on impairment as of December 31,	$	1,042,762	$	1,024,467
Accumulated loss on impairment as of December 31,	(980,547)		(980,547)
Goodwill ending balance as of December 31,	$	62,215	$	43,920

Schedule of assumptions and estimates for broadcasting licenses impairment testing

The following table reflects the estimates and assumptions used in the interim and annual broadcasting licenses impairment assessments of each year.

Estimates And Assumptions

Fourth Quarter 2020

Third Quarter 2020

Second Quarter 2020

Fourth Quarter 2019

Fourth Quarter 2018

Second Quarter 2018

Discount rate

8.50

%

7.50

%

8.00

%

8.50

%

9.0

%

9.0

%

Operating profit margin ranges for average stations in markets where the Company operates

20% to 36%

24% to 36%

22% to 36%

18% to 36%

22% to 37%

22% to 37%

Forecasted growth rate (including long-term growth rate) range of the Company's markets

0.0% to 0.6%

0.0% to 0.7%

0.0% to 0.8%

0.0% to 0.8%

0.0% to 0.9%

0.5% to 1.0%

Schedule of assumptions and estimates for goodwill impairment testing

The following table reflects the estimates and assumptions used in the interim and annual goodwill impairment assessments of each year:

	Estimates And Assumptions
	Fourth Quarter 2020	Fourth Quarter 2019		Fourth Quarter 2018		Second Quarter 2018
Discount rate	not applicable	8.50	%	9.00	%	9.00	%