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Note 9 - Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2018
Notes to Financial Statements |
Goodwill and Intangible Assets Disclosure [Text Block] | 9 . Goodwill and Intangible Assets As of September 30, 2018 and December 31, 2018, our intangible assets and related accumulated amortization consisted of the following (in thousands):
|  | As of September 30, 2018 |  |  | As of December 31, 2017 |
|  |  |  |  |  | Accumulated |  |  |  |  |  |  |  |  |  |  | Accumulated |  |  |  |  |
|  | Gross |  |  | Amortization |  |  | Net |  |  | Gross |  |  | Amortization |  |  | Net |
Intangible assets not currently subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Broadcast licenses |  | $ | 1,584,452 |  |  | $ | (53,699 | ) |  | $ | 1,530,753 |  |  | $ | 1,584,402 |  |  | $ | (53,699 | ) |  | $ | 1,530,703 |
Goodwill |  |  | 614,177 |  |  |  | - |  |  |  | 614,177 |  |  |  | 611,100 |  |  |  | - |  |  |  | 611,100 |
|  | $ | 2,198,629 |  |  | $ | (53,699 | ) |  | $ | 2,144,930 |  |  | $ | 2,195,502 |  |  | $ | (53,699 | ) |  | $ | 2,141,803 |
Intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Network affiliation agreements |  | $ | 6,134 |  |  | $ | (5,488 | ) |  | $ | 646 |  |  | $ | 6,134 |  |  | $ | (3,551 | ) |  | $ | 2,583 |
Other definite lived intangible assets |  |  | 143,446 |  |  |  | (85,895 | ) |  |  | 57,551 |  |  |  | 143,446 |  |  |  | (72,245 | ) |  |  | 71,201 |
|  | $ | 149,580 |  |  | $ | (91,383 | ) |  | $ | 58,197 |  |  | $ | 149,580 |  |  | $ | (75,796 | ) |  | $ | 73,784 |
Total intangibles |  | $ | 2,348,209 |  |  | $ | (145,082 | ) |  | $ | 2,203,127 |  |  | $ | 2,345,082 |  |  | $ | (129,495 | ) |  | $ | 2,215,587 |
Amortization expense for the nine -month periods ended September 30, 2018 and 2017 was $15.6 million and $18.7 million, respectively. Based on the intangible assets subject to amortization as of September 30, 2018, we expect that amortization expense for the remainder of 2018 would be approximately $5.0 million, and, for the succeeding five years, amortization expense will be approximately as follows: 2019, $15.4 million; 2020, $12.4 million; 2021, $8.3 million; 2022, $4.8 million; and 2023, $2.9 million. If and when acquisitions and dispositions occur in the future, actual amounts may vary materially from these estimates. During the third quarter of 2018 we made a measurement period adjustment to reduce the value of other intangible assets and to increase the value of goodwill in the amount of $3.1 million related to our acquisition of WCAX-TV. Impairment of goodwill and broadcast licenses Our intangible assets are primarily comprised of broadcast licenses. There were no triggering events that required a test of our goodwill or intangible assets for impairment during the nine -months ended September 30, 2018 or 2017.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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