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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
A summary of the effect of the corrections on the Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2017 and 2016 is as follows:
 
Year Ended December 31, 2017
(In thousands)
As Reported
 
Correction
 
Revised
Revenue
$
6,170,994

 
$
(2,563
)
 
$
6,168,431

Direct operating expenses (excludes depreciation and amortization)
2,461,722

 
7,002

 
2,468,724

Selling, general and administrative expenses (excludes depreciation and amortization)
1,851,646

 
(9,424
)
 
1,842,222

Operating income
969,938

 
(141
)
 
969,797

Interest expense
1,865,584

 
(1,448
)
 
1,864,136

Loss before income taxes
(917,424
)
 
1,307

 
(916,117
)
Consolidated net loss
(460,018
)
 
1,307

 
(458,711
)
Less amount attributable to noncontrolling interest
(66,127
)
 
5,476

 
(60,651
)
Net loss attributable to the Company
(393,891
)
 
(4,169
)
 
(398,060
)
Foreign currency translation adjustments
45,661

 
(1,810
)
 
43,851

Other comprehensive income
57,408

 
(1,810
)
 
55,598

Comprehensive loss
(336,483
)
 
(5,979
)
 
(342,462
)
Less amount attributable to noncontrolling interest
14,092

 
(245
)
 
13,847

Comprehensive loss attributable to the Company
(350,575
)
 
(5,734
)
 
(356,309
)
Basic loss per share
(4.64
)
 
(0.04
)
 
(4.68
)
Diluted loss per share
(4.64
)
 
(0.04
)
 
(4.68
)
 
Year Ended December 31, 2016
(In thousands)
As Reported
 
Correction
 
Revised
Revenue
$
6,260,062

 
$
(9,062
)
 
$
6,251,000

Direct operating expenses (excludes depreciation and amortization)
2,398,776

 
(3,739
)
 
2,395,037

Selling, general and administrative expenses (excludes depreciation and amortization)
1,725,899

 
219

 
1,726,118

Operating income
1,504,644

 
(5,542
)
 
1,499,102

Interest expense
1,849,982

 
137

 
1,850,119

Loss before income taxes
(290,524
)
 
(5,679
)
 
(296,203
)
Income tax benefit
50,474

 
(843
)
 
49,631

Consolidated net loss
(240,050
)
 
(6,522
)
 
(246,572
)
Less amount attributable to noncontrolling interest
56,312

 
(828
)
 
55,484

Net loss attributable to the Company
(296,362
)
 
(5,694
)
 
(302,056
)
Foreign currency translation adjustments
21,983

 
949

 
22,932

Other comprehensive income
56,323

 
949

 
57,272

Comprehensive loss
(240,039
)
 
(4,745
)
 
(244,784
)
Less amount attributable to noncontrolling interest
(2,208
)
 
421

 
(1,787
)
Comprehensive loss attributable to the Company
(237,831
)
 
(5,166
)
 
(242,997
)
Basic loss per share
(3.50
)
 
(0.07
)
 
(3.57
)
Diluted loss per share
(3.50
)
 
(0.07
)
 
(3.57
)
Schedule of Barter and Trade Revenues and Expenses
Trade and barter revenues and expenses from continuing operations were as follows:
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Consolidated:
 
 
 
 
 
  Trade and barter revenues
$
218,595

 
$
244,116

 
$
165,847

  Trade and barter expenses
210,677

 
202,251

 
115,078

 
 
 
 
 
 
iHM Segment:
 
 
 
 
 
  Trade and barter revenues
$
202,674

 
$
226,737

 
$
153,331

  Trade and barter expenses
199,982

 
190,906

 
103,129
Restrictions on Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total of the amounts reported in the Consolidated Statement of Cash Flows:
(In thousands)
December 31, 2018
 
December 31, 2017
Cash and cash equivalents
$
406,493

 
$
267,109

Restricted cash included in:
 
 
 
  Other current assets
7,649

 
26,096

  Other assets
16,192

 
18,095

Total cash, cash equivalents and restricted cash in the Statement of Cash Flows
$
430,334

 
$
311,300
Debtors Financial Statements
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Debtors' Balance Sheet to the total of the amounts reported in the Debtors' Statement of Cash Flows:
(In thousands)
December 31, 2018
Cash and cash equivalents
$
178,924

Restricted cash included in:
 
  Other current assets
3,428

Total cash, cash equivalents and restricted cash in the Statement of Cash Flows
$
182,352

Debtors' Balance Sheet
(In thousands)
December 31, 2018
CURRENT ASSETS
 
Cash and cash equivalents
$
178,924

Accounts receivable, net of allowance of $26,347
866,088

Prepaid expenses
98,836

Other current assets
24,576

Total Current Assets
1,168,424

PROPERTY, PLANT AND EQUIPMENT
 
Property, plant and equipment, net
501,677

INTANGIBLE ASSETS AND GOODWILL
 
Indefinite-lived intangibles - licenses
2,409,411

Other intangibles, net
196,741

Goodwill
3,412,753

OTHER ASSETS
 
Other assets
63,203

Total Assets
$
7,752,209

CURRENT LIABILITIES
 

Accounts payable
$
49,129

Intercompany payable
2,894

Accrued expenses
296,149

Accrued interest
766

Deferred income
120,328

Current portion of long-term debt
46,105

Total Current Liabilities
515,371

Other long-term liabilities
229,640

Liabilities subject to compromise1
17,511,976

EQUITY (DEFICIT)
 
Equity (Deficit)
(10,504,778
)
Total Liabilities and Equity (Deficit)
$
7,752,209

1 In connection with the cash management arrangements with CCOH, the Company maintains an intercompany revolving promissory note payable by the Company to CCOH (the "Intercompany Note"), which matures on May 15, 2019. Liabilities subject to compromise include the principal amount outstanding under the Intercompany Note, which totals $1,031.7 million as of December 31, 2018.
Debtors' Statements of Operations
(In thousands)
Year Ended
December 31, 2018
Revenue
$
3,577,742

Operating expenses:
 
Direct operating expenses (excludes depreciation and amortization)
1,056,315

Selling, general and administrative expenses (excludes depreciation and amortization)
1,356,108

Corporate expenses (excludes depreciation and amortization)
188,937

Depreciation and amortization
210,914

Impairment charges
33,151

Other operating expense, net
(9,260
)
Operating income
723,057

Interest expense, net1
357,181

Equity in loss of nonconsolidated affiliates
(140
)
Gain on extinguishment of debt
5,667

Dividend income2
28,564

Other expense, net
(22,776
)
Reorganization items, net
356,119

Income before income taxes
21,072

Income tax expense
(13,056
)
Net income
$
8,016

1 Includes interest incurred during the year ended December 31, 2018 in relation to the pre-petition and post-petition Intercompany Notes.
2 Consists of cash dividends received from Non-Debtor entities during the year ended December 31, 2018.
Debtors' Statement of Cash Flows
(In thousands)
Year Ended December 31, 2018
 
Cash flows from operating activities:
 
Consolidated net income
$
8,016

Reconciling items:
 
Impairment charges
33,151

Depreciation and amortization
210,914

Deferred taxes
3,643

Provision for doubtful accounts
21,003

Amortization of deferred financing charges and note discounts, net
11,871

Non-cash Reorganization items, net
252,392

Share-based compensation
2,066

Loss on disposal of operating and other assets
3,224

Equity in loss of nonconsolidated affiliates
140

Gain on extinguishment of debt
(5,667
)
Barter and trade income
(10,873
)
Other reconciling items, net
(273
)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
 
Increase in accounts receivable
(35,771
)
Increase in prepaid expenses and other current assets
(2,034
)
Increase in accrued expenses
14,782

Increase in accounts payable
8,962

Increase in accrued interest
303,495

Decrease in deferred income
(14,963
)
Changes in other operating assets and liabilities
(25,483
)
Net cash provided by operating activities
778,595

Cash flows from investing activities:
 
Purchases of businesses
(74,272
)
Purchases of property, plant and equipment
(85,012
)
Proceeds from disposal of assets
642

Purchases of other operating assets
(305
)
Change in other, net
(132
)
Net cash used for investing activities
(159,079
)
Cash flows from financing activities:
 
Draws on credit facilities
143,332

Payments on credit facilities
(258,308
)
Payments on long-term debt
(358,911
)
Net transfers to related parties
(65,666
)
Change in other, net
(79
)
Net cash used for financing activities
(539,632
)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
—

Net increase in cash, cash equivalents and restricted cash
79,884

Cash, cash equivalents and restricted cash at beginning of period
102,468

Cash, cash equivalents and restricted cash at end of period
$
182,352