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Assets Held for Sale and Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Summary of discontinued operations and assets held for sale
Operating results of our discontinued radio operations were as follows:
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
17,386

 
$
17,784

 
$
30,685

 
$
32,213

Total costs and expenses
 
(13,421
)
 
(14,163
)
 
(24,937
)
 
(26,353
)
Depreciation and amortization of intangibles
 

 
(868
)
 

 
(1,731
)
Impairment of goodwill
 
(5,900
)
 

 
(25,900
)
 

Other, net
 
(9
)
 
(211
)
 
(157
)
 
(251
)
Income (loss) from discontinued operations before income taxes
 
(1,944
)
 
2,542

 
(20,309
)
 
3,878

Provision for income taxes
 
998

 
852

 
1,137

 
1,394

Net income (loss) from discontinued operations
 
$
(2,942
)
 
$
1,690

 
$
(21,446
)
 
$
2,484

The following table presents a summary of the radio assets held for sale included in our condensed consolidated balance sheets.
(in thousands)
 
As of 
 June 30, 
 2018
 
As of 
 December 31, 
 2017
 
 
 
 
 
Assets:
 
 
 
 
  Total current assets
 
$
13,206

 
$
12,891

  Property and equipment
 
36,055

 
35,470

  Goodwill and intangible assets
 
61,562

 
87,462

  Other assets
 
181

 
181

  Total assets included in the disposal group
 
111,004

 
136,004

Liabilities:
 
 
 
 
  Total current liabilities
 
3,841

 
3,248

  Deferred income taxes
 
16,290

 
16,288

  Other liabilities
 

 

  Total liabilities included in the disposal group
 
20,131

 
19,536

Net assets included in the disposal group
 
$
90,873

 
$
116,468