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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Redeemable noncontrolling interests adjustments $ 33,179 $ 5,660 $ 569
Revenue 7,245,731 6,866,964 6,478,547
Operating expenses:      
Direct operating expenses 5,196,473 4,919,969 4,680,507
Selling, general and administrative expenses 1,397,908 1,330,160 1,226,892
Depreciation and amortization 397,241 368,143 368,923
Goodwill impairment 0 134,961 0
Loss (gain) on disposal of operating assets 845 (4,494) (38,259)
Corporate expenses 107,794 101,000 94,385
Acquisition transaction expenses 14,098 10,061 6,439
Operating income (loss) 131,372 7,164 139,660
Interest expense 102,881 106,312 111,659
Loss on extinguishment of debt 0 188 36,269
Interest income (3,528) (3,606) (5,071)
Equity in earnings of nonconsolidated affiliates (1,502) (4,166) (856)
Other expense, net 27,168 8,256 2,796
Income (loss) before income taxes 6,353 (99,820) (5,137)
Income tax expense 22,122 4,630 30,878
Net loss (15,769) (104,450) (36,015)
Net income (loss) attributable to noncontrolling interests 16,739 (13,643) 7,363
Net loss attributable to common stockholders of Live Nation $ (32,508) $ (90,807) $ (43,378)
Basic and diluted net loss per common share available to common stockholders of Live Nation $ (0.33) $ (0.49) $ (0.23)
Weighted average common shares outstanding:      
Basic and diluted (in shares) 200,973,485 198,874,019 193,885,066
Reconciliation to net loss available to common stockholders of Live Nation:      
Accretion of redeemable noncontrolling interests $ (33,179) $ (5,660) $ (569)
Basic and diluted net loss available to common stockholders of Live Nation $ (65,687) $ (96,467) $ (43,947)