CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 15,336	$ 21,614
Accounts receivable, net	19,519	21,300
Prepaid expenses and other current assets	3,574	2,608
Barter transactions	1,482	1,266
Deferred income taxes	1,097	1,107
Total current assets	41,008	47,895
Property and equipment	168,295	167,074
Less accumulated depreciation	110,371	108,943
Net property and equipment	57,924	58,131
Other assets:
Broadcast licenses, net	96,116	88,106
Goodwill	7,151	2,874
Other intangibles, deferred costs and investments, net	7,528	7,565
Total assets	209,727	204,571
Current liabilities:
Accounts payable	2,840	2,799
Payroll and payroll taxes	7,418	7,401
Other accrued expenses	4,239	2,792
Barter transactions	1,508	1,346
Total current liabilities	16,005	14,338
Deferred income taxes	28,253	27,688
Long-term debt	36,365	36,365
Other liabilities	3,942	3,364
Total liabilities	$ 84,565	$ 81,755
Commitments and contingencies
Stockholders’ equity:
Common stock	$ 74	$ 74
Additional paid-in capital	57,984	57,510
Retained earnings	99,739	98,180
Treasury stock	(32,635)	(32,948)
Total stockholders’ equity	125,162	122,816
Total liabilities and stockholders' equity	$ 209,727	$ 204,571