SEGMENT DATA:

We measure segment performance based on operating income (loss). Our broadcast segment includes stations in 81 markets located throughout the continental United States. Other primarily consists of original networks and content, digital and internet solutions, technical services and other non-media investments. All of our businesses are located within the United States. Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location. Other and Corporate are not reportable segments but are included for reconciliation purposes.

We had approximately $172.7 million and $226.4 million of intercompany loans between the broadcast segment, other, and corporate as of June 30, 2017 and 2016, respectively. We had $4.2 million and $6.1 million in intercompany interest expense related to intercompany loans between the broadcast segment, other, and corporate for the three months ended June 30, 2017 and 2016, respectively. We had $9.9 million and $12.1 million in intercompany interest expense for the the six months ended June 30, 2017 and 2016, respectively. All other intercompany transactions are immaterial.

Segment financial information is included in the following tables for the periods presented (in thousands):



For the three months ended June 30, 2017	Broadcast		Other			Corporate			Consolidated
Revenue	$	617,985	$	61,305		$	—		$	679,290
Depreciation of property and equipment	21,559		1,819			225			23,603
Amortization of definite-lived intangible assets and other assets	38,298		5,079			—			43,377
Amortization of program contract costs and net realizable value adjustments	28,896		—			—			28,896
General and administrative overhead expenses	22,349		273			2,429			25,051
Research and development	—		1,345			—			1,345
Operating income (loss)	131,284		(9,781		)	(2,654		)	118,849
Interest expense	1,329		216			49,414			50,959
Income from equity and cost method investments	—		1,462			—			1,462
Assets	4,675,262		768,572			845,702			6,289,536



For the three months ended June 30, 2016	Broadcast		Other			Corporate			Consolidated
Revenue	$	608,169	$	58,365		$	—		$	666,534
Depreciation of property and equipment	22,526		1,617			266			24,409
Amortization of definite-lived intangible assets and other assets	38,551		7,074			—			45,625
Amortization of program contract costs and net realizable value adjustments	30,821		—			—			30,821
General and administrative overhead expenses	12,995		283			1,001			14,279
Research and development	—		1,209			—			1,209
Operating income (loss)	145,400		(15,059		)	(1,267		)	129,074
Interest expense	1,411		1,555			50,950			53,916
Income from equity and cost method investments	—		943			—			943



Six months ended June 30, 2017	Broadcast		Other			Corporate			Consolidated
Revenue	$	1,210,409	$	118,816		$	—		$	1,329,225
Depreciation of property and equipment	43,505		3,588			491			47,584
Amortization of definite-lived intangible assets and other assets	76,624		12,307			—			88,931
Amortization of program contract costs and net realizable value adjustments	59,915		—			—			59,915
General and administrative overhead expenses	41,340		561			3,726			45,627
Research and development	—		2,502			—			2,502
Operating income (loss)	245,827		34,868		(a)	(4,217		)	276,478
Interest expense	2,695		1,429			104,153			108,277
Income from equity and cost method investments	—		141			—			141

(a) - Includes gain on the sale of Alarm of $53.0 million of which $12.3 million was attributable to noncontrolling interests. See Note 2. Acquisitions and Disposition of Assets.



Six months ended June 30, 2016	Broadcast		Other			Corporate			Consolidated
Revenue	$	1,155,002	$	90,421		$	—		$	1,245,423
Depreciation of property and equipment	45,274		2,638			532			48,444
Amortization of definite-lived intangible assets and other assets	78,321		11,069			—			89,390
Amortization of program contract costs and net realizable value adjustments	64,281		—			—			64,281
General and administrative overhead expenses	33,431		839			1,350			35,620
Research and development	—		2,310			—			2,310
Operating income (loss)	243,451		(26,156		)	(1,882		)	215,413
Interest expense	2,893		3,031			97,407			103,331
Income from equity and cost method investments	—		1,366			—			1,366