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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2020
Income Tax Disclosure [Abstract]  
Schedule of Effective Income Tax Rate Reconciliation
Income tax expense (benefit) from continuing operations computed using the United States federal statutory rates is reconciled to the reported income tax expense (benefit) from continuing operations as follows:
Years Ended December 31,
202020192018
(amounts in thousands)
Federal statutory income tax rate21 %21 %21 %
Computed tax expense at federal statutory rates on income before income
taxes		$(68,602)$(80,432)$(77,016)
State income tax expense, net of federal benefit(18,538)13,661 (4,779)
Goodwill impairment— 98,910 64,465 
Valuation allowance current year activity— (321)(2,593)
Tax impact of share-based awards1,424 950 872 
Transaction costs19 105 391 
U.S. federal income tax reform— — 883 
Taxable gain on sale of radio stations— — 5,511 
Nondeductible expenses and other1,818 4,333 8,113 
Income taxes$(83,879)$37,206 $(4,153)
Schedule of Components of Income Tax The table does not include income tax expense from discontinued operations of $0.7 million in 2018.
Years Ended December 31,
202020192018
Current:
Federal$(5,542)$20,751 $38,481 
State(1,359)11,685 17,836 
Total current(6,901)32,436 56,317 
Deferred:
Federal(54,886)(837)(37,678)
State(22,092)5,607 (22,792)
Total deferred(76,978)4,770 (60,470)
Total income taxes (benefit)$(83,879)$37,206 $(4,153)
Schedule of Deferred Tax Assets and Liabilities
The components of deferred tax assets and liabilities as of December 31, 2020 and 2019, are as detailed below.
December 31,
20202019
(amounts in thousands)
Deferred tax assets:
Federal and state income tax loss carryforwards$88,815 $70,982 
Share-based compensation3,432 4,221 
Investments - impairments350 350 
Lease rental obligations3,469 4,709 
Deferred compensation8,938 10,253 
Debt fair value adjustment4,081 4,987 
Reserves514 — 
Lease liability71,968 77,722 
Employee benefits1,673 2,011 
Provision for doubtful accounts5,043 4,671 
Other non-current8,193 2,432 
Total deferred tax assets before valuation allowance196,476 182,338 
Valuation allowance(24,399)(25,440)
Total deferred tax assets$172,077 $156,898 
Deferred tax liabilities:
Lease ROU asset(63,186)(69,243)
Property, equipment and certain intangibles(49,908)(43,788)
Broadcasting licenses and goodwill(532,381)(593,525)
Total deferred tax liabilities$(645,475)$(706,556)
Total net deferred tax liabilities$(473,398)$(549,658)
Summary of Valuation Allowance
The following table presents the changes in the deferred tax asset valuation allowance for the periods indicated:
Year EndedBalance at
Beginning
of Year		Increase
(Decrease)
Charged
(Credited)
to Income
Taxes
(Benefit)		Increase
(Decrease)
Charged
(Credited)
to
Balance
Sheet		Purchase
Accounting		Balance At
End Of
Year
(amounts in thousands)
December 31, 2020$25,440 $(1,041)$— $— $24,399 
December 31, 201925,761 (321)— — 25,440 
December 31, 201837,154 (11,393)— — 25,761 
Schedule of Liabilities For Uncertain Tax
The Company’s liabilities for uncertain tax positions are reflected in the following table:
December 31,
20202019
(amounts in thousands)
Liabilities for uncertain tax positions
Interest and penalties$868 $— 
Total$868 $— 
Schedule of Expense Income For Uncertain Tax Positions
The following table presents the expense (income) for uncertain tax positions, which amounts were reflected in the consolidated statements of operations as an increase (decrease) to income tax expense:
Years Ended December 31,
202020192018
(amounts in thousands)
Interest and penalties (income)868 — — 
Total income taxes (benefit) from uncertain tax positions$868 $— $— 
Summary of Positions for which Significant Change in Unrecognized Tax Benefits is Reasonably Possible
The following table presents the gross amount of changes in unrecognized tax benefits:
Years Ended December 31,
202020192018
(amounts in thousands)
Beginning of year balance$(6,719)$(7,285)$(7,820)
Prior year positions
Reductions due to statute lapse231 566 535 
End of year balance$(6,488)$(6,719)$(7,285)
Ending liability balance included above that was reflected as an offset to
deferred tax assets		$(6,488)$(6,719)$(6,915)
Schedule of Income Tax Payments and Refunds
The following table provides the amount of income tax payments and income tax refunds for the periods indicated:
Years Ended December 31,
202020192018
(amounts in thousands)
Federal and state income tax payments$2,724 $39,100 $54,217 
Summary of Operating Loss Carryforwards The NOLs in the following table reflect an estimate of the NOLs for the 2020 tax filing year as these returns will not be filed until later in 2021:
Net Operating Losses
December 31, 2020
NOLsNOL Expiration Period
(amounts in
thousands)		(in years)
Federal NOL carryforwards$283,776 2030 to indefinite
State NOL carryforwards$535,603 2021 to indefinite