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PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables) | 6 Months Ended
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Jun. 30, 2020
Property, Plant and Equipment [Abstract] |
Schedule of Property, Plant and Equipment | The Company’s property, plant and equipment consisted of the following classes of assets as of June 30, 2020 and December 31, 2019, respectively:
(In thousands) | Successor Company |  |
| June 30, 2020 |  | December 31, 2019
Land, buildings and improvements | $ | 388,096 |  |  | $ | 385,017 |
Towers, transmitters and studio equipment | 160,955 |  |  | 156,739 |
Furniture and other equipment | 390,680 |  |  | 361,527 |
Construction in progress | 28,624 |  |  | 21,287 |
| 968,355 |  |  | 924,570 |
Less: accumulated depreciation | 149,096 |  |  | 77,694 |
Property, plant and equipment, net | $ | 819,259 |  |  | $ | 846,876 |
Schedule of Gross Carrying Amount and Accumulated Amortization for 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, 2020 and December 31, 2019, respectively:
(In thousands) | Successor Company |  |  |  |  |  |
| June 30, 2020 |  |  |  | December 31, 2019 |  |
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer / advertiser relationships | 1,625,376 |  |  | (199,991) |  |  | 1,629,236 |  |  | (114,280) |
Talent and other contracts | 375,400 |  |  | (59,026) |  |  | 375,399 |  |  | (33,739) |
Trademarks and tradenames | 321,977 |  |  | (37,907) |  |  | 321,977 |  |  | (21,661) |
Other | 25,251 |  |  | (3,126) |  |  | 21,394 |  |  | (1,786) |
Total | $ | 2,348,004 |  |  | $ | (300,050) |  |  | $ | 2,348,006 |  |  | $ | (171,466) |
Schedule of Future Amortization Expense | 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) |
2021 | $ | 256,650 |
2022 | 255,870 |
2023 | 247,517 |
2024 | 246,827 |
2025 | 209,042 |
Schedule of Changes In Carrying Amount Of Goodwill | The following table presents the changes in the carrying amount of goodwill:
(In thousands) | Audio |  | Audio & Media Services |  | Consolidated
Balance as of December 31, 2018 (Predecessor) | $ | 3,330,922 |  |  | $ | 81,831 |  |  | $ | 3,412,753 |
Acquisitions | — |  |  | 2,767 |  |  | 2,767 |
Foreign currency | — |  |  | (28) |  |  | (28) |
Balance as of May 1, 2019 (Predecessor) | $ | 3,330,922 |  |  | $ | 84,570 |  |  | $ | 3,415,492 |
Impact of fresh start accounting | (111,712) |  |  | 19,585 |  |  | (92,127) |
Balance as of May 2, 2019 (Successor) | $ | 3,219,210 |  |  | $ | 104,155 |  |  | $ | 3,323,365 |
Acquisitions | 4,637 |  |  | — |  |  | 4,637 |
Dispositions | (9,466) |  |  | — |  |  | (9,466) |
Foreign currency | — |  |  | (1) |  |  | (1) |
Other | 7,087 |  |  | — |  |  | 7,087 |
Balance as of December 31, 2019 (Successor) | $ | 3,221,468 |  |  | $ | 104,154 |  |  | $ | 3,325,622 |
Impairment | (1,224,374) |  |  | — |  |  | (1,224,374) |
Acquisitions | 404 |  |  | — |  |  | 404 |
Foreign currency | — |  |  | 5 |  |  | 5 |
Balance as of June 30, 2020 (Successor) | $ | 1,997,498 |  |  | $ | 104,159 |  |  | $ | 2,101,657 |

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