CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 47,794	$ 53,030
Accounts receivable, net	16,744	19,307
Prepaid expenses and other current assets	2,377	2,517
Barter transactions	1,735	1,320
Total current assets	68,650	76,174
Property and equipment	135,805	135,856
Less accumulated depreciation	79,485	79,621
Net property and equipment	56,320	56,235
Other assets:
Broadcast licenses, net	93,259	93,259
Goodwill	15,558	15,558
Other intangibles, deferred costs and investments, net	7,291	7,543
Total assets	241,078	248,769
Current liabilities:
Accounts payable	2,586	2,206
Payroll and payroll taxes	5,173	7,836
Dividend payable	0	6,529
Other accrued expenses	3,089	3,243
Barter transactions	1,596	1,091
Total current liabilities	12,444	20,905
Deferred income taxes	21,382	21,072
Long-term debt	25,000	25,000
Other liabilities	2,331	2,327
Total liabilities	61,157	69,304
Commitments and contingencies
Stockholders’ equity:
Common stock	76	76
Additional paid-in capital	63,146	62,675
Retained earnings	151,353	151,608
Treasury stock	(34,654)	(34,894)
Total stockholders’ equity	179,921	179,465
Total liabilities and stockholders' equity	$ 241,078	$ 248,769