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Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt was comprised of the following at December 31, 2020, and March 31, 2021:

		December 31, 2020				March 31, 2021
Senior credit facility		$	70,972			$	70,972
Notes payable to Emmis			5,535				5,535
Notes payable to SG Broadcasting			21,400				21,400
Less: Current maturities			(1,836	)			(2,754	)
Less: Unamortized original issue discount			(2,153	)			(2,006	)
Total long-term debt, net of current portion and debt discount		$	93,918			$	93,147

Schedule of Mandatory Principal Payments of Long-Term Debt

Based on amounts outstanding at March 31, 2021, mandatory principal payments of long-term debt for the next five years and thereafter are summarized below:

Year ended December 31,		Senior Credit Facility				Emmis Note				SG Broadcasting Notes				Total Payments
Remainder of 2021		$	2,754			$	—			$	—			$	2,754
2022			3,672				—				—				3,672
2023			3,672				—				—				3,672
2024			60,874				5,535				—				66,409
2025			—				—				21,400				21,400
Total		$	70,972			$	5,535			$	21,400			$	97,907

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented.

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