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Assets Held for Sale and Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Summary of discontinued operations and assets held for sale
The following table presents a summary of the radio assets held for sale included in our condensed consolidated balance sheets.
(in thousands)
 
As of 
 September 30, 
 2018
 
As of 
 December 31, 
 2017
 
 
 
 
 
Assets:
 
 
 
 
  Total current assets
 
$
10,412

 
$
12,891

  Property and equipment
 
36,481

 
35,470

  Goodwill and intangible assets
 
61,562

 
87,462

  Other assets
 
181

 
181

  Total assets included in the disposal group
 
108,636

 
136,004

Liabilities:
 
 
 
 
  Total current liabilities
 
5,897

 
3,248

  Deferred income taxes
 
16,276

 
16,288

  Other liabilities
 
—

 
—

  Total liabilities included in the disposal group
 
22,173

 
19,536

Net assets included in the disposal group
 
$
86,463

 
$
116,468

Operating results of our discontinued radio operations were as follows:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
 
 
 
 
 
 
 
 
 
Operating revenues
 
$
13,456

 
$
18,407

 
$
44,141

 
$
50,620

Total costs and expenses
 
(14,511
)
 
(16,176
)
 
(39,448
)
 
(42,529
)
Depreciation and amortization of intangible assets
 
—

 
(880
)
 
—

 
(2,611
)
Impairment of goodwill and intangible assets
 
—

 
—

 
(25,900
)
 
—

Other, net
 
—

 
(10
)
 
(157
)
 
(261
)
Income (loss) from discontinued operations before income taxes
 
(1,055
)
 
1,341

 
(21,364
)
 
5,219

Provision (benefit) for income taxes
 
(147
)
 
421

 
990

 
1,815

Net income (loss) from discontinued operations
 
$
(908
)
 
$
920

 
$
(22,354
)
 
$
3,404