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Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Book Value of Goodwill by Segment

For the years ended December 31, 2014 and 2013, the changes in the book value of goodwill by segment were as follows:
 
 
Balance at
 
 
 
Balance at
 
 
December 31, 2013
 
Acquisitions
 
December 31, 2014
Entertainment:
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
$
9,467

 
 
$

 
 
$
9,467

 
Accumulated impairment losses
 
 
(6,294
)
 
 

 
 
(6,294
)
 
Goodwill, net of impairment
 
 
3,173

 
 

 
 
3,173

 
Cable Networks:
 
 
 
 
 
 
 
 


 
Goodwill
 
 
480

 
 

 
 
480

 
Accumulated impairment losses
 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
480

 
 

 
 
480

 
Publishing:
 
 
 
 
 
 
 
 


 
Goodwill
 
 
406

 
 

 
 
406

 
Accumulated impairment losses
 
 

 
 

 
 

 
Goodwill, net of impairment
 
 
406

 
 

 
 
406

 
Local Broadcasting:
 
 
 
 
 
 
 
 


 
Goodwill
 
 
22,244

 
 
110

(a) 
 
22,354

 
Accumulated impairment losses
 
 
(19,715
)
 
 

 
 
(19,715
)
 
Goodwill, net of impairment
 
 
2,529

 
 
110

 
 
2,639

 
Total:
 
 
 
 
 
 
 
 


 
Goodwill
 
 
32,597

 

110

 
 
32,707

 
Accumulated impairment losses
 
 
(26,009
)
 



 
(26,009
)
 
Goodwill, net of impairment
 
 
$
6,588

 
 
$
110

 
 
$
6,698

 
(a) Amount primarily reflects goodwill acquired in the radio station swap with Beasley Broadcast Group, Inc. At December 31, 2013, the allocated goodwill, net of accumulated impairment relating to the stations disposed of in the swap was included in “Assets held for sale” on the Consolidated Balance Sheet and as a result is not included in the changes in book value above.
 
Balance at
 
 
 
 
 
Balance at
 
December 31, 2012
 
Acquisitions
 
Other
 
December 31, 2013
Entertainment:
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
$
9,460

 
 
$
7

 
$

 
 
$
9,467

 
Accumulated impairment losses
 
(6,294
)
 
 

 

 
 
(6,294
)
 
Goodwill, net of impairment
 
3,166

 
 
7

 

 
 
3,173

 
Cable Networks:
 
 
 
 
 
 
 
 
 


 
Goodwill
 
480

 
 

 

 
 
480

 
Accumulated impairment losses
 

 
 

 

 
 

 
Goodwill, net of impairment
 
480

 
 

 

 
 
480

 
Publishing:
 
 
 
 
 
 
 
 
 


 
Goodwill
 
407

 
 

 
(1
)
 
 
406

 
Accumulated impairment losses
 

 
 

 

 
 

 
Goodwill, net of impairment
 
407

 
 

 
(1
)
 
 
406

 
Local Broadcasting:
 
 
 
 
 
 
 
 
 


 
Goodwill
 
22,244

 
 

 

 
 
22,244

 
Accumulated impairment losses
 
(19,715
)
 
 

 

 
 
(19,715
)
 
Goodwill, net of impairment
 
2,529

 
 

 

 
 
2,529

 
Total:
 
 
 
 
 
 
 
 
 


 
Goodwill
 
32,591

 

7


(1
)
 
 
32,597

 
Accumulated impairment losses
 
(26,009
)
 




 
 
(26,009
)
 
Goodwill, net of impairment
 
$
6,582

 
 
$
7

 
$
(1
)
 
 
$
6,588

 
Schedule of Indefinite-lived Intangible Assets
The Company’s intangible assets were as follows:
 
 
 
Accumulated
 
 
At December 31, 2014
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
220

 
$
(54
)
 
$
166

Other intangible assets
167

 
(129
)
 
38

Total intangible assets subject to amortization
387

 
(183
)
 
204

FCC licenses (a)
5,804

 

 
5,804

Total intangible assets
$
6,191

 
$
(183
)
 
$
6,008

 
 
 
Accumulated
 
 
At December 31, 2013
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
222

 
$
(42
)
 
$
180

Other intangible assets
211

 
(159
)
 
52

Total intangible assets subject to amortization
433

 
(201
)
 
232

FCC licenses (a)
5,638

 

 
5,638

Total intangible assets
$
6,071

 
$
(201
)
 
$
5,870


(a) The increase in FCC licenses from December 31, 2013 to December 31, 2014 relates to the radio stations acquired in the radio station swap with Beasley Broadcast Group, Inc. At December 31, 2013, the FCC licenses relating to the radio stations disposed of in the swap were included in “Assets held for sale” on the Consolidated Balance Sheet.
Schedule of Finite-lived Intangible Assets
The Company’s intangible assets were as follows:
 
 
 
Accumulated
 
 
At December 31, 2014
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
220

 
$
(54
)
 
$
166

Other intangible assets
167

 
(129
)
 
38

Total intangible assets subject to amortization
387

 
(183
)
 
204

FCC licenses (a)
5,804

 

 
5,804

Total intangible assets
$
6,191

 
$
(183
)
 
$
6,008

 
 
 
Accumulated
 
 
At December 31, 2013
Gross
 
Amortization
 
Net
Intangible assets subject to amortization:
 
 
 
 
 
Trade names
$
222

 
$
(42
)
 
$
180

Other intangible assets
211

 
(159
)
 
52

Total intangible assets subject to amortization
433

 
(201
)
 
232

FCC licenses (a)
5,638

 

 
5,638

Total intangible assets
$
6,071

 
$
(201
)
 
$
5,870


(a) The increase in FCC licenses from December 31, 2013 to December 31, 2014 relates to the radio stations acquired in the radio station swap with Beasley Broadcast Group, Inc. At December 31, 2013, the FCC licenses relating to the radio stations disposed of in the swap were included in “Assets held for sale” on the Consolidated Balance Sheet.
Schedule of Expected Amortization Expense
The Company expects its aggregate annual amortization expense for existing intangible assets subject to amortization for each of the years, 2015 through 2019, to be as follows:
 
2015
 
2016
 
2017
 
2018
 
2019
Amortization expense
$
24

 
$
19

 
$
15

 
$
13

 
$
13