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PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables) | 6 Months Ended
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Jun. 30, 2021
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, 2021 and December 31, 2020, respectively:
(In thousands) | June 30, 2021 |  | December 31, 2020
Land, buildings and improvements | $ | 357,185 |  |  | $ | 386,980 |
Towers, transmitters and studio equipment | 172,724 |  |  | 169,788 |
Computer equipment and software | 470,711 |  |  | 398,084 |
Furniture and other equipment | 46,322 |  |  | 45,711 |
Construction in progress | 38,725 |  |  | 25,073 |
| 1,085,667 |  |  | 1,025,636 |
Less: accumulated depreciation | 290,193 |  |  | 213,934 |
Property, plant and equipment, net | $ | 795,474 |  |  | $ | 811,702 |
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, 2021 and December 31, 2020, respectively:
(In thousands) | June 30, 2021 |  | December 31, 2020
| Gross Carrying Amount |  | Accumulated Amortization |  | Gross Carrying Amount |  | Accumulated Amortization
Customer / advertiser relationships | 1,628,704 |  |  | (372,193) |  |  | 1,620,509 |  |  | (286,066) |
Talent and other contracts | 339,100 |  |  | (95,124) |  |  | 375,900 |  |  | (84,065) |
Trademarks and tradenames | 335,861 |  |  | (71,176) |  |  | 326,061 |  |  | (54,358) |
Other | 35,451 |  |  | (6,953) |  |  | 31,351 |  |  | (4,840) |
Total | $ | 2,339,116 |  |  | $ | (545,446) |  |  | $ | 2,353,821 |  |  | $ | (429,329) |
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) |
2022 | $ | 258,722 |
2023 | 249,549 |
2024 | 247,860 |
2025 | 216,485 |
2026 | 204,474 |
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, 2019 | $ | 3,221,468 |  |  | $ | 104,154 |  |  | $ | 3,325,622 |
Impairment | (1,224,374) |  |  | — |  |  | (1,224,374) |
Acquisitions | 44,606 |  |  | — |  |  | 44,606 |
Dispositions | (164) |  |  | — |  |  | (164) |
Foreign currency | — |  |  | 245 |  |  | 245 |
Balance as of December 31, 2020 | $ | 2,041,536 |  |  | $ | 104,399 |  |  | $ | 2,145,935 |
(In thousands) | Multiplatform Group |  | Digital Audio Group |  | Audio & Media Services Group |  | Consolidated
Balance as of January 1, 2021 | $ | 1,462,217 |  |  | $ | 579,319 |  |  | $ | 104,399 |  |  | $ | 2,145,935 |
Acquisitions | — |  |  | 167,868 |  |  | — |  |  | 167,868 |
Dispositions | (290) |  |  | — |  |  | — |  |  | (290) |
Foreign currency | — |  |  | — |  |  | (88) |  |  | (88) |
Balance as of June 30, 2021 | $ | 1,461,927 |  |  | $ | 747,187 |  |  | $ | 104,311 |  |  | $ | 2,313,425 |

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