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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 13,279,000 $ 13,690,000 $ 54,717,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Income from discontinued operations 0 0 (32,471,000)
Depreciation and amortization 6,945,000 6,786,000 6,251,000
Deferred income taxes 1,420,000 2,660,000 (8,210,000)
Impairment of intangible assets 0 0 1,449,000
Amortization of deferred costs 103,000 51,000 53,000
Compensation expense related to restricted stock awards 2,129,000 2,201,000 2,279,000
Loss on sale of assets 112,000 61,000 55,000
(Gain) on insurance claims (16,000) (23,000) 0
Barter revenue, net (190,000) 107,000 (251,000)
Deferred and other compensation (634,000) 62,000 (337,000)
Changes in assets and liabilities:      
Increase in receivables and prepaid expenses (5,780,000) (157,000) (434,000)
Increase in accounts payable, accrued expenses, and other liabilities 7,967,000 121,000 811,000
Total adjustments 12,056,000 11,869,000 (30,805,000)
Net cash provided by continuing operating activities 25,335,000 25,559,000 23,912,000
Net cash provided by (used in) discontinued operating activities 0 0 (18,538,000)
Net cash provided by operating activities 25,335,000 25,559,000 5,374,000
Cash flows from investing activities:      
Acquisition of property and equipment (5,732,000) (5,922,000) (6,246,000)
Proceeds from sale and disposal of assets 270,000 318,000 419,000
Acquisition of broadcast properties (763,000) (9,289,000) (25,856,000)
Other investing activities (10,000) 17,000 (5,000)
Net cash used in continuing investing activities (6,235,000) (14,876,000) (31,688,000)
Net cash received provided by discontinued operations investing activities 0 0 69,193,000
Net cash (used in) received from investing activities (6,235,000) (14,876,000) 37,505,000
Cash flows from financing activities:      
Payments on long term debt (10,000,000) (5,000,000) (10,287,000)
Cash dividends paid (8,623,000) (11,864,000) (5,313,000)
Payments for debt issuance costs 0 (120,000) 0
Purchase of shares held in treasury (1,172,000) (2,000,000) (946,000)
Net cash used in financing activities (19,795,000) (18,984,000) (16,546,000)
Net (decrease) increase in cash and cash equivalents (695,000) (8,301,000) 26,333,000
Cash and cash equivalents, beginning of year 44,729,000 53,030,000 26,697,000
Cash and cash equivalents, end of year $ 44,034,000 $ 44,729,000 $ 53,030,000