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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Nov. 30, 2019
Nov. 30, 2018
Nov. 30, 2019
Nov. 30, 2018
Income Statement [Abstract]        
NET REVENUES $ 10,737 $ 10,797 $ 29,266 $ 30,883
OPERATING EXPENSES:        
Station operating expenses excluding depreciation and amortization expense 8,199 10,809 23,667 30,494
Corporate expenses excluding depreciation and amortization expense 10,437 2,297 15,211 7,607
Impairment loss   304 4,022 509
Depreciation and amortization 263 345 866 1,068
Loss (gain) on sale of assets, net of disposition costs   235 31 (31,817)
Gain on legal matter (2,153)   (2,153)  
Total operating expenses 16,746 13,990 41,644 7,861
OPERATING (LOSS) INCOME (6,009) (3,193) (12,378) 23,022
OTHER EXPENSE:        
Interest expense (869) (1,307) (3,040) (5,206)
Loss on debt extinguishment (510)   (510) (771)
Other income, net 121 40 147 92
Total other expense (1,258) (1,267) (3,403) (5,885)
(LOSS) INCOME BEFORE INCOME TAXES (7,267) (4,460) (15,781) 17,137
(BENEFIT) PROVISION FOR INCOME TAXES (950) (2,747) (1,533) 6,213
(LOSS) INCOME FROM CONTINUING OPERATIONS (6,317) (1,713) (14,248) 10,924
DISCONTINUED OPERATIONS, NET OF TAX 58,921 3,262 77,213 15,296
CONSOLIDATED NET INCOME 52,604 1,549 62,965 26,220
NET INCOME (LOSS) ATTRIBUTABLE TO NONCONTROLLING INTERESTS (121) 837 1,557 2,396
NET INCOME ATTRIBUTABLE TO THE COMPANY 52,725 712 61,408 23,824
AMOUNTS ATTRIBUTABLE TO COMMON SHAREHOLDERS:        
Net (loss) income attributable to common shareholders - continuing operations (5,828) (1,161) (12,758) 12,660
Net income attributable to common shareholders - discontinued operations 58,553 1,873 74,166 11,164
Net income attributable to common shareholders $ 52,725 $ 712 $ 61,408 $ 23,824
BASIC NET (LOSS) INCOME PER SHARE:        
Continuing operations $ (0.45) $ (0.09) $ (0.99) $ 1.01
Discontinued operations 4.53 0.15 5.77 0.89
Basic net income per share $ 4.08 $ 0.06 $ 4.78 $ 1.90
Basic weighted average shares outstanding 12,937 12,609 12,846 12,565
DILUTED NET (LOSS) INCOME PER SHARE:        
Continuing operations $ (0.45) $ (0.09) $ (0.99) $ 0.94
Discontinued operations 4.53 0.15 5.77 0.83
Diluted net income per share $ 4.08 $ 0.06 $ 4.78 $ 1.77
Diluted weighted average shares outstanding 12,937 12,609 12,846 13,486