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Business Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes business segment financial data for the three and six months ended June 30, 2017 and June 30, 2016 (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30, 2017
 
June 30, 2016
 
June 30, 2017
 
June 30, 2016
Operating Revenues from Continuing Operations (1)
 
 
 
 
 
 
 
Television and Entertainment
$
466,061

 
$
468,134

 
$
902,094

 
$
924,009

Corporate and Other
3,456

 
11,662

 
7,333

 
24,259

Total operating revenues
$
469,517

 
$
479,796

 
$
909,427

 
$
948,268

Operating profit (loss) from Continuing Operations (1)(2)
 
 
 
 
 
 
 
Television and Entertainment
$
50,219

 
$
83,346

 
$
70,232

 
$
141,951

Corporate and Other
(31,893
)
 
(27,140
)
 
(67,138
)
 
(55,753
)
Total operating profit
$
18,326

 
$
56,206

 
$
3,094

 
$
86,198

Depreciation from Continuing Operations (3)
 
 
 
 
 
 
 
Television and Entertainment
$
10,530

 
$
11,108

 
$
20,569

 
$
22,125

Corporate and Other
3,397

 
3,359

 
6,929

 
6,784

Total depreciation
$
13,927

 
$
14,467

 
$
27,498

 
$
28,909

Amortization from Continuing Operations (3)
 
 
 
 
 
 
 
Television and Entertainment
$
41,664

 
$
41,670

 
$
83,323

 
$
83,335

Capital Expenditures
 
 
 
 
 
 
 
Television and Entertainment
$
11,727

 
$
6,603

 
$
22,534

 
$
13,436

Corporate and Other
1,738

 
4,934

 
3,987

 
11,026

Discontinued Operations

 
6,046

 
1,578

 
10,969

Total capital expenditures
$
13,465

 
$
17,583

 
$
28,099

 
$
35,431




June 30, 2017
 
December 31, 2016
Assets
 
 
 
Television and Entertainment
$
7,186,225

 
$
7,484,591

Corporate and Other
804,768

 
1,228,526

Assets held for sale (4)
54,282

 
17,176

Discontinued Operations

 
670,758

Total assets
$
8,045,275

 
$
9,401,051

 

(1)
See Note 2 for the disclosures of operating revenues and operating loss included in discontinued operations for the historical periods.
(2)
Operating profit (loss) for each segment excludes income and loss on equity investments, interest and dividend income, interest expense, non-operating items, reorganization costs and income taxes.
(3)
Depreciation and amortization from discontinued operations totaled $3 million and $8 million respectively, for the three months ended June 30, 2016 and $6 million and $15 million, respectively, for the six months ended June 30, 2016.
(4)
See Note 3 for information regarding real estate assets held for sale.