XML 46 R16.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Property, Plant and Equipment, Intangible Assets and Goodwill (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2015
Schedule of Property, Plant and Equipment |
Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets as of June 30, 2015 and December 31, 2014, respectively:
(In thousands) | June 30, |  | December 31,
| 2015 |  | 2014
Land, buildings and improvements | $ | 626,050 |  | $ | 731,925
Structures |  | 3,005,159 |  |  | 2,999,582
Towers, transmitters and studio equipment |  | 341,815 |  |  | 453,044
Furniture and other equipment |  | 563,168 |  |  | 536,255
Construction in progress |  | 70,953 |  |  | 95,671
|  | 4,607,145 |  |  | 4,816,477
Less: accumulated depreciation |  | 2,202,219 |  |  | 2,117,413
Other property, plant and equipment, net | $ | 2,404,926 |  | $ | 2,699,064
Schedule Of Other Intangible Assets |
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of June 30, 2015 and December 31, 2014, respectively:
(In thousands) | June 30, 2015 |  | December 31, 2014
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Transit, street furniture and other outdoor contractual rights | $ | 675,466 |  | $ | (465,228) |  | $ | 716,723 |  | $ | (476,523)
Customer / advertiser relationships |  | 1,222,518 |  |  | (831,137) |  |  | 1,222,518 |  |  | (765,596)
Talent contracts |  | 319,384 |  |  | (238,231) |  |  | 319,384 |  |  | (223,936)
Representation contracts |  | 241,158 |  |  | (215,977) |  |  | 238,313 |  |  | (206,338)
Permanent easements |  | 171,641 |  |  | - |  |  | 171,271 |  |  | -
Other |  | 388,122 |  |  | (183,737) |  |  | 388,160 |  |  | (177,249)
| Total | $ | 3,018,289 |  | $ | (1,934,310) |  | $ | 3,056,369 |  | $ | (1,849,642)
Schedule Of Future Amortization Expenses |
As acquisitions and dispositions occur in the future, amortization expense may vary. The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands) |  |  |
2016 | $ | 220,130 |
2017 |  | 197,105 |
2018 |  | 130,993 |
2019 |  | 43,102 |
2020 |  | 36,115 |
Schedule Of Changes In Carrying Amount Of Goodwill |
Goodwill |  |  |  |  |  |  |  |  |  |  |  |  |  |
The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments:
(In thousands) | iHM |  | Americas Outdoor Advertising |  | International Outdoor Advertising |  | Other |  | Consolidated
Balance as of December 31, 2013 | $ | 3,234,807 |  | $ | 585,227 |  | $ | 264,907 |  | $ | 117,246 |  | $ | 4,202,187
| Acquisitions |  | 17,900 |  |  | - |  |  | - |  |  | 299 |  |  | 18,199
| Foreign currency |  | - |  |  | (653) |  |  | (32,369) |  |  | - |  |  | (33,022)
| Other |  | 60 |  |  | - |  |  | - |  |  | - |  |  | 60
Balance as of December 31, 2014 | $ | 3,252,767 |  | $ | 584,574 |  | $ | 232,538 |  | $ | 117,545 |  | $ | 4,187,424
| Acquisitions |  | - |  |  | - |  |  | - |  |  | - |  |  | -
| Foreign currency |  | - |  |  | (312) |  |  | (9,340) |  |  | - |  |  | (9,652)
| Other |  | - |  |  | - |  |  | - |  |  | - |  |  | -
Balance as of June 30, 2015 | $ | 3,252,767 |  | $ | 584,262 |  | $ | 223,198 |  | $ | 117,545 |  | $ | 4,177,772

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 13 -Subparagraph b -Article 5 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration