Broadcast Licenses, Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Changes to broadcast licenses

We have recorded the changes to broadcast licenses for the years ended December 31, 2017 and 2016 as follows:

	Continuing Operations		Discontinued Operations		Total
	(In thousands)
Balance at January 1, 2016	$	78,499	$	9,607	$	88,106
Acquisitions		8,123		—		8,123
Balance at December 31, 2016	$	86,622	$	9,607	$	96,229
Acquisitions		8,086		—		8,086
Dispositions		—		(9,607)		(9,607)
Impairment charge		(1,449)		—		(1,449)
Balance at December 31, 2017	$	93,259	$	—	$	93,259

Key estimates and assumptions used in the impairment test

In general, when comparing between 2017, 2016 and 2015: (1) the market specific operating profit margin range remained relatively consistent; (2) the market long-term revenue growth rates were relatively consistent; (3) the discount rate remained relatively consistent; and (4) current year revenues were 0.8 % lower than previously projected for 2017.

	Fourth Quarter 2017		Fourth  Quarter 2016		Fourth Quarter 2015
Discount rates	12.4% - 12.5	%	12.3% - 12.4	%	12.2% - 12.4	%
Operating profit margin ranges	19.0% - 36.4	%	19.5% - 36.4	%	19.5% - 36.4	%
Market long-term revenue growth rates	1.1% - 3.5	%	1.0% - 2.9	%	1.3% - 3.1	%

Changes to Goodwill

We have recorded the changes to goodwill for each of the years ended December 31, 2017 and 2016 as follows:

	Continuing Operations		Discontinued Operations		Total
	(In thousands)
Balance at January 1, 2016	$	2,874	$	—	$	2,874
Acquisitions		4,533		—		4,533
Balance at December 31, 2016	$	7,407	$	—	$	7,407
Acquisitions		8,151		—		8,151
Balance at December 31, 2017	$	15,558	$	—	$	15,558

Amortizable intangible assets

We have recorded amortizable intangible assets at December 31, 2017 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	3,861	$	3,861	$	—
Favorable lease agreements		5,965		5,468		497
Customer relationships		3,546		1,529		2,017
Other intangibles		1,834		1,630		204
Total amortizable intangible assets	$	15,206	$	12,488	$	2,718

We have recorded amortizable intangible assets at December 31, 2016 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	3,861	$	3,861	$	—
Favorable lease agreements		5,763		5,439		324
Customer relationships		1,744		747		997
Other intangibles		1,920		1,682		238
Total amortizable intangible assets	$	13,288	$	11,729	$	1,559