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Shareholders' Interest Deficit
6 Months Ended
Jun. 30, 2015
Stockholders' Equity Note Disclosure [Text Block]
NOTE 6 – SHAREHOLDERS’ DEFICIT
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 shareholders’ 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 CompanyNoncontrolling InterestsConsolidated
Balances as of January 1, 2015$ (9,889,348)$ 224,140 $ (9,665,208)
Net income (loss) (439,432) 5,484 (433,948)
Dividends and other payments to noncontrolling interests - (28,099) (28,099)
Purchase of additional noncontrolling interests (40,742) (1,822) (42,564)
Foreign currency translation adjustments (69,288) (10,593) (79,881)
Unrealized holding gain on marketable securities 618 71 689
Other adjustments to comprehensive loss (1,036) (118) (1,154)
Reclassifications - - -
Other, net 975 8,414 9,389
Balances as of June 30, 2015$(10,438,253)$197,477 $(10,240,776)

(In thousands)The CompanyNoncontrolling InterestsConsolidated
Balances as of January 1, 2014$(8,942,166)$ 245,531 $(8,696,635)
Net income (loss) (610,820) 6,651 (604,169)
Dividends and other payments to noncontrolling interests - (9,673) (9,673)
Foreign currency translation adjustments (9,426) (5,023) (14,449)
Unrealized holding gain on marketable securities 598 81 679
Reclassifications 3,309 - 3,309
Other, net 705 4,991 5,696
Balances as of June 30, 2014$ (9,557,800)$ 242,558 $ (9,315,242)

The Company and CCOH have granted restricted stock, restricted stock units and options to purchase shares of their Class A common stock to certain key individuals.

Stock Registration

On June 24, 2015, we registered 4,000,000 shares of the Company’s Class A common stock, par value $0.001 per share, for offer or sale under the our 2015 Executive Long-Term Incentive Plan.

On July 27, 2015, the board of directors approved the issuance of 1,253,831 restricted shares to certain key individuals pursuant to the 2015 Executive Long-term Incentive Plan.