CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 81,035	$ 26,697
Accounts receivable, net	18,880	17,735
Prepaid expenses and other current assets	2,026	2,397
Barter transactions	1,721	1,318
Current assets of discontinued operations	0	4,625
Total current assets	103,662	52,772
Property and equipment	135,644	134,680
Less accumulated depreciation	79,299	85,506
Net property and equipment	56,345	49,174
Other assets:
Broadcast licenses, net	94,708	86,622
Goodwill	15,417	7,407
Other intangibles, deferred costs and investments, net	7,822	5,975
Assets of discontinued operations	0	18,048
Total assets	277,954	219,998
Current liabilities:
Accounts payable	2,211	1,618
Payroll and payroll taxes	6,836	6,954
Other accrued expenses	26,348	3,198
Barter transactions	1,394	1,304
Current portion of long term debt	10,287	0
Current liabilities of discontinued operations	292	2,971
Total current liabilities	47,368	16,045
Deferred income taxes	31,762	29,741
Long-term debt	25,000	35,287
Other liabilities	2,269	2,885
Liabilities of discontinued operations	0	1,058
Total liabilities	106,399	85,016
Commitments and contingencies
Stockholders' equity:
Common stock	75	74
Additional paid-in capital	62,157	59,557
Retained earnings	143,308	108,733
Treasury stock	(33,985)	(33,382)
Total stockholders' equity	171,555	134,982
Total liabilities and stockholders' equity	$ 277,954	$ 219,998