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Member's Deficit And Comprehensive Loss
6 Months Ended
Jun. 30, 2014
Member's Deficit And Comprehensive Loss [Abstract]  
Equity And Comprehensive Loss

NOTE 8 – STOCKHOLDERS' DEFICIT AND COMPREHENSIVE LOSS

The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company's equity. The following table shows the changes in stockholders' deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total ownership interest:

(In thousands)The Company Noncontrolling Interests Consolidated
Balances at January 1, 2014$(8,942,166) $ 245,531 $(8,696,635)
 Net income (loss)  (610,820)   6,651   (604,169)
 Dividends and other payments to noncontrolling interests   -   (9,673)   (9,673)
 Foreign currency translation adjustments  (9,426)   (5,023)   (14,449)
 Unrealized holding gain on marketable securities  598   81   679
 Unrealized holding gain on cash flow derivatives  -   -   -
 Other adjustments to comprehensive loss  -   -   -
 Other, net  705   4,991   5,696
 Reclassifications  3,309   -   3,309
Balances at June 30, 2014$(9,557,800) $242,558 $(9,315,242)
          
Balances at January 1, 2013$(8,299,188) $ 303,997 $(7,995,191)
 Net income (loss)  (195,801)   6,689   (189,112)
 Foreign currency translation adjustments  (57,540)   (11,488)   (69,028)
 Unrealized holding gain on marketable securities  15,581   25   15,606
 Unrealized holding gain on cash flow derivatives  31,066   -   31,066
 Other adjustments to comprehensive loss  (884)   (114)   (998)
 Other, net  4,778   (3,964)   814
 Reclassifications  (82,320)   -   (82,320)
Balances at June 30, 2013$(8,584,308) $295,145 $(8,289,163)

On July 21, 2014, in accordance with the terms of its charter, a committee of the board of Clear Channel Outdoor Holdings, Inc. (“CCOH”) (1) provided notice of its intent to demand $175 million outstanding under the revolving promissory note with Clear Channel on August 11, 2014 and (2) declared a special cash dividend in aggregate amount equal to $175 million, the payment of which is conditioned upon the satisfaction by Clear Channel of such demand, payable on August 11, 2014 to CCOH's stockholders of record as of August 4, 2014.  As the indirect parent of CCOH, Clear Channel will be entitled to approximately 88% of the proceeds from such dividend through its wholly-owned subsidiaries.  The remaining approximately 12% of the proceeds from the dividend, or approximately $21 million, will be paid to the public stockholders of CCOH.  Clear Channel will fund the net payment of this $21 million with cash on hand, which will reduce the amount of cash Clear Channel has available to fund its working capital needs, debt service obligations and other obligations.  Following satisfaction of the demand, the balance outstanding under the note will be reduced by $175 million.