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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
NET REVENUES $ 1,060,898 $ 1,489,929 $ 1,462,567
OPERATING EXPENSE:      
Station operating expenses 907,796 1,086,617 1,099,278
Depreciation and amortization expense 50,231 45,331 44,288
Corporate general and administrative expenses 64,560 84,304 69,492
Integration costs 491 4,297 25,372
Restructuring charges 11,981 6,976 5,830
Impairment loss 264,432 545,457 493,988
Merger and acquisition costs 553 941 3,014
Other expenses related to financing 0 4,397 0
Net time brokerage agreement (income) fees 0 106 (918)
Net (gain) loss on sale or disposal of assets (139) (7,640) (12,158)
Total operating expense 1,299,905 1,770,786 1,728,186
OPERATING INCOME (LOSS) (239,007) (280,857) (265,619)
NET INTEREST EXPENSE 87,096 100,103 101,121
Net (gain) loss on extinguishment of debt 0 2,046 0
OTHER (INCOME) EXPENSE 0 (2,046) 0
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT) (326,103) (383,006) (366,740)
INCOME TAXES (BENEFIT) (83,879) 37,206 (4,153)
NET INCOME (LOSS) - CONTINUING OPERATIONS (242,224) (420,212) (362,587)
Income from discontinued operations, net of income taxes (benefit) 0 0 1,152
NET INCOME (LOSS) $ (242,224) $ (420,212) $ (361,435)
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED      
Net income (loss) from continuing operations per share - Basic and Diluted (in dollars per share) $ (1.80) $ (3.07) $ (2.63)
Net income (loss) from discontinued operations per share - Basic and Diluted (in dollars per share) 0 0 0.01
NET INCOME (LOSS) PER SHARE - BASIC AND DILUTED (in dollars per share) $ (1.80) $ (3.07) $ (2.62)
WEIGHTED AVERAGE SHARES:      
Basic (in shares) 134,570,672 136,967,455 138,069,608
Diluted (in shares) 134,570,672 136,967,455 138,069,608