XML 62 R42.htm IDEA: XBRL DOCUMENT
v3.20.4

EMERGENCE FROM VOLUNTARY REORGANIZATION UNDER CHAPTER 11 PROCEEDINGS (Details) - USD ($) | May 01, 2019 | Dec. 31, 2020 | Jul. 16, 2020 | Dec. 31, 2019 | Nov. 22, 2019 | Aug. 07, 2019 | Apr. 30, 2019 | Jun. 14, 2018
--- | --- | --- | --- | --- | --- | --- | --- | ---
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) |  | 146,449,688 |  |  |  |  |  |
Number of securities called by warrants or rights (in shares) | 81,453,648 |  |  |  |  |  |  |
New equity (as a percent) | 99.10% |  |  |  |  |  |  |
Pro rata share of interests | 100.00% |  |  |  |  |  |  |
Funding of guarantor general unsecured claims, settled in cash (as a percent) | 14.44% |  |  |  |  |  |  |
Pro rata share of new common stock (as a percent) | 1.00% |  |  |  |  |  |  |
Pro rata share of new common stock, distributed to legacy notes holders(as a percent) | 0.10% |  |  |  |  |  |  |
Funding of guarantor general unsecured recovery cash pool | $ 17,500,000 |  |  |  |  |  |  |
iHeart Operations, Inc. |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Proceeds from issuance of preferred stock and preference stock | 60,000,000.0 |  |  |  |  |  |  |
iHeartCommunications, Inc. |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debtor reorganization items, discharge of debt | 16,000,000,000 |  |  |  |  |  |  |
Term Loan Facility | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | 3,500,000,000 |  |  |  |  |  |  |
Stated interest rate (as a percent) |  |  |  |  |  | 5.25% |  |
6.375% Senior Secured Notes due 2026 | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | $ 800,000,000 | $ 800,000,000.0 |  |  |  |  |  |
Stated interest rate (as a percent) | 6.375% | 6.375% |  |  | 6.375% | 6.375% |  |
8.375% Senior Unsecured Notes due 2027 | Unsecured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | $ 1,450,000,000 |  |  |  |  |  |  |
Stated interest rate (as a percent) | 8.375% | 8.375% |  |  |  |  |  |
Priority Guarantee Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Stated interest rate (as a percent) |  |  |  |  |  |  | 9.00% |
Priority Guarantee Notes Due 2021 |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Stated interest rate (as a percent) |  |  |  |  |  |  | 11.25% |
Asset-based Revolving Credit Facility Due 2023 | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount |  | $ 450,000,000.0 |  |  |  |  |  |
Maximum borrowing capacity |  | $ 450,000,000.0 |  |  |  |  |  |
Subsidiaries | Term Loan Facility | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | $ 3,500,000,000 |  | $ 450,000,000.0 |  |  |  |  |
iHeartCommunications, Inc. | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | 3,500,000,000 |  |  |  |  |  |  |
iHeartCommunications, Inc. | 6.375% Senior Secured Notes due 2026 | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | $ 800,000,000 |  |  |  |  |  |  |
Stated interest rate (as a percent) | 6.375% |  |  |  |  |  |  |
iHeartCommunications, Inc. | 6.375% Senior Secured Notes due 2026 | Senior Notes |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Stated interest rate (as a percent) | 6.375% |  |  |  |  |  |  |
iHeartCommunications, Inc. | 8.375% Senior Unsecured Notes due 2027 | Secured Debt |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Debt instrument, face amount | $ 1,450,000,000 |  |  |  |  |  |  |
Stated interest rate (as a percent) | 8.375% |  |  |  |  |  |  |
Class A Common Stock |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) | 56,861,941 | 64,726,864 |  | 57,776,204 |  |  |  |
Class B Common Stock |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) | 6,947,567 | 6,886,925 |  | 6,904,910 |  |  |  |
Minimum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Funding of guarantor general unsecured claims(as a percent) | 45.00% |  |  |  |  |  |  |
Maximum |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Funding of guarantor general unsecured claims(as a percent) | 55.00% |  |  |  |  |  |  |
Revolving Credit Facility | Asset-based Revolving Credit Facility Due 2023 | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  | $ 450,000,000 |  |  |  |
Revolving Credit Facility | Subsidiaries | Asset-based Revolving Credit Facility Due 2023 | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum borrowing capacity | $ 450,000,000.0 |  |  |  |  |  |  | $ 450,000,000.0
Revolving Credit Facility | iHeartCommunications, Inc. | Line of Credit |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum borrowing capacity | $ 450,000,000 |  |  |  |  |  |  |
Management And Service Providers | Common Stock | Post Emergence Equity Plan | Class A Common Stock |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Number of shares authorized (in shares) | 12,770,387 |  |  |  |  |  |  |
Number of shares authorized, fully diluted and distributed (as a percent) | 8.00% |  |  |  |  |  |  |
Director | Common Stock | Post Emergence Equity Plan | Class A Common Stock |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Number of shares authorized (in shares) | 1,596,298 |  |  |  |  |  |  |
Number of shares authorized, fully diluted and distributed (as a percent) | 1.00% |  |  |  |  |  |  |
iHeartCommunications, Inc. | CCOH |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Post-petition intercompany balance, net | $ 33,200,000 |  |  |  |  |  |  |
CCOH |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Total settlement amount paid | 115,800,000 |  |  |  |  |  |  |
CCOH | iHeartCommunications, Inc. |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Payment of intercompany note | 149,000,000.0 |  |  |  |  |  |  |
CCOH | Revolving Loan Agreement | iHeartCommunications, Inc. |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |
Maximum borrowing capacity | $ 200,000,000 |  |  |  |  |  |  |

X
- Definition Debtor Reorganization Items, Funding of Guarantor General Unsecured Claims + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsFundingofGuarantorGeneralUnsecuredClaims
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debtor Reorganization Items, Funding of Guarantor General Unsecured Claims, Settled In Cash + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsFundingofGuarantorGeneralUnsecuredClaimsSettledInCash
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debtor Reorganization Items, Funding of Guarantor General Unsecured Recovery Cash Pool + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsFundingofGuarantorGeneralUnsecuredRecoveryCashPool
Namespace Prefix: | cik0001400891_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Debtor Reorganization Items, New Equity + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsNewEquity
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debtor Reorganization Items, Pro Rata Share Of Interests + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsProRataShareOfInterests
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debtor Reorganization Items, Pro Rata Share Of New Common Stock + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsProRataShareOfNewCommonStock
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debtor Reorganization Items, Pro Rata Share Of New Common Stock, Distributed To Legacy Notes Holders + References No definition available. + Details
Name: | cik0001400891_DebtorReorganizationItemsProRataShareOfNewCommonStockDistributedToLegacyNotesHolders
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Due From Related Party, Post-Petition Intercompany Balance, Net + References No definition available. + Details
Name: | cik0001400891_DueFromRelatedPartyPostPetitionIntercompanyBalanceNet
Namespace Prefix: | cik0001400891_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Due to Related Party, Intercompany Note, Payment + References No definition available. + Details
Name: | cik0001400891_DuetoRelatedPartyIntercompanyNotePayment
Namespace Prefix: | cik0001400891_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Fully Diluted And Distributed + References No definition available. + Details
Name: | cik0001400891_SharebasedCompensationArrangementbySharebasedPaymentAwardNumberofSharesAuthorizedFullyDilutedAndDistributed
Namespace Prefix: | cik0001400891_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of bankruptcy claim settled. + References No definition available. + Details
Name: | us-gaap_BankruptcyClaimsAmountOfClaimsSettled
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
Name: | us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of reorganization items related to discharge of claims and liabilities upon emergence from bankruptcy. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56145-112766 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 45 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=116635682&loc=d3e55730-112764 + Details
Name: | us-gaap_DebtorReorganizationItemsDischargeOfClaimsAndLiabilities
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of shares authorized for issuance under share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | dei_LegalEntityAxis=cik0001400891_IHeartOperationsInc.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=cik0001400891_IHeartCommunicationsInc.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_TermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_A6.375SeniorSecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_A8.375SeniorUnsecuredNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_UnsecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_PriorityGuaranteeNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_PriorityGuaranteeNotesDue2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_AssetbasedRevolvingCreditFacilityDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=srt_SubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=cik0001400891_IHeartCommunicationsInc.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_TitleOfIndividualAxis=cik0001400891_ManagementAndServiceProvidersMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=cik0001400891_PostEmergenceEquityPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_TitleOfIndividualAxis=srt_DirectorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=cik0001400891_IHeartCommunicationsInc.Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=cik0001400891_CCOHMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=cik0001400891_CCOHMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cik0001400891_RevolvingLoanAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |