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Note 9 - Commitments and Contingencies | 12 Months Ended
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Dec. 31, 2016
Notes to Financial Statements |
Commitments and Contingencies Disclosure [Text Block] | 9. Commitments and Contingencies We have various contractual and other commitments requiring future payments. These commitments include amounts required to be paid for the acquisition of television stations; for the purchase of property and equipment; for service and other agreements; for operating lease commitments for equipment, land and office space; for commitments for various syndicated television programs; and for commitments under affiliation agreements with networks. Future minimum payments for these commitments as of December 31, 2016 were as follows (in thousands):
|  |  |  |  |  | Property |  |  | Service and |  |  |  |  |  |  | Syndicated |  |  | Network |  |  |  |  |
|  | Pending |  |  | and |  |  | Other |  |  | Operating |  |  | Television |  |  | Affiliation |  |  |  |  |
Year |  | Acquisitions |  |  | Equipment |  |  | Agreements |  |  | Leases |  |  | Programming |  |  | Agreements |  |  | Total |
2017 |  | $ | 287,097 |  |  | $ | 5,467 |  |  | $ | 2,856 |  |  | $ | 2,905 |  |  | $ | 5,702 |  |  | $ | 129,260 |  |  | $ | 433,287 |
2018 |  |  | - |  |  |  | - |  |  |  | 2,856 |  |  |  | 2,178 |  |  |  | 12,550 |  |  |  | 137,228 |  |  |  | 154,812 |
2019 |  |  | - |  |  |  | - |  |  |  | 749 |  |  |  | 1,907 |  |  |  | 4,091 |  |  |  | 78,261 |  |  |  | 85,008 |
2020 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,362 |  |  |  | 2,872 |  |  |  | 31,370 |  |  |  | 35,604 |
2021 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,155 |  |  |  | 563 |  |  |  | 3,941 |  |  |  | 5,659 |
Thereafter |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,680 |  |  |  | 290 |  |  |  | 2,137 |  |  |  | 6,107 |
Total |  | $ | 287,097 |  |  | $ | 5,467 |  |  | $ | 6,461 |  |  | $ | 13,187 |  |  | $ | 26,068 |  |  | $ | 382,197 |  |  | $ | 720,477 |
The amounts in the table above are estimates of commitments that are in addition to the liabilities accrued for on our consolidated balance sheet as of December 31, 2016. The amount presented for pending acquisitions represents our net obligations under our pending acquisitions as of December 31, 2016. Certain of these transactions were completed in January 2017. For additional information on these transactions see Note 2 “Acquisitions and Dispositions” and Note 11 “Subsequent Events.” Leases We have no material capital leases. Where leases include rent holidays, rent escalations, rent concessions and leasehold improvement incentives, the value of these incentives are amortized over the lease term including anticipated renewal periods. Leasehold improvements are depreciated over the associated lease term including anticipated renewal periods. Rent expense resulting from operating leases for the years ended December 31, 2016, 2015 and 2014 were $3.5 million, $2.8 million and $2.2 million, respectively. Legal Proceedings and Claims We are and expect to continue to be subject to legal actions, proceedings and claims that arise in the normal course of our business. In the opinion of management, the amount of ultimate liability, if any, with respect to these known actions, proceedings and claims will not materially affect our financial position, results of operations or cash flows, although legal proceedings are subject to inherent uncertainties, and unfavorable rulings or events could occur that could negatively affect us, possibly materially.

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