CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023	[1]
Current assets:
Cash and cash equivalents	$ 20,177	$ 29,582
Short-term investments	8,598	10,595
Accounts receivable, net	14,640	17,173
Prepaid expenses and other current assets	3,145	2,451
Barter transactions	1,013	843
Total current assets	47,573	60,644
Property and equipment	148,343	148,265
Less accumulated depreciation	97,113	96,860
Net property and equipment	51,230	51,405
Other assets:
Broadcast licenses, net	89,367	90,240
Goodwill	19,153	19,236
Other intangibles, right of use assets, deferred costs and investments, net	10,723	10,688
Total assets	218,046	232,213
Current liabilities:
Accounts payable	3,356	2,802
Accrued expenses:
Accrued payroll and payroll taxes	5,275	5,318
Dividend payable	3,758	12,505
Other accrued expenses	6,862	6,480
Barter transactions	1,106	924
Total current liabilities	20,357	28,029
Deferred income taxes	26,057	26,122
Other liabilities	7,260	7,513
Total liabilities	53,674	61,664
Commitments and contingencies
Shareholders' equity:
Common stock	80	80
Additional paid-in capital	72,839	72,593
Retained earnings	127,873	134,771
Treasury stock	(36,420)	(36,895)
Total shareholders' equity	164,372	170,549
Total liabilities and shareholders' equity	$ 218,046	$ 232,213

[1] The balance sheet at December 31, 2023 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements.