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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net (loss) income $ (9,165) $ 4,203
Adjustments to reconcile net (loss) income to net cash from operating activities:    
Depreciation and amortization 25,548 25,723
Amortization of debt financing costs 2,900 3,924
Amortization of content assets 35,468 36,076
Amortization of launch assets 324 61
Deferred income taxes (5,960) 4,106
Stock-based compensation 1,946 2,319
Loss (gain) on retirement of debt 6,393 (2,646)
Impairment of long-lived assets 29,148 0
Gain on sale-leaseback (14,411) 0
Tax impact of increased ownership of TV One 0 3,538
Effect of change in operating assets and liabilities:    
Trade accounts receivable (6,146) 3,791
Prepaid expenses and other current assets (1,222) (295)
Other assets 1,916 212
Accounts payable (184) (3,461)
Accrued interest (963) (1,480)
Accrued compensation and related benefits (6,317) (1,329)
Other liabilities 1,030 6,772
Payment of launch support (1,848) 0
Payments for content assets (38,683) (46,891)
Net cash flows provided by operating activities 19,774 34,623
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (4,483) (4,021)
Proceeds from sale of radio station 2,000 0
Proceeds from sale-leaseback 25,000 0
Acquisition of digital assets (5,000) 0
Acquisition of station and broadcasting assets (2,000) (2,000)
Net cash flows provided by (used in) investing activities 15,517 (6,021)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of 2020 Notes (19,369) (17,174)
Repurchase of common stock (4,396) (3,584)
Debt refinancing costs and original issue discount (8,860) (421)
Net cash flows used in financing activities (29,125) (23,804)
INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 6,166 4,798
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 46,781 67,376
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 52,947 72,174
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 58,210 59,044
Income taxes, net of refunds 629 496
2017 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Credit Facility 350,000 0
Repayment of Credit Facility (1,750) 0
2015 Credit Facility [Member]    
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of Credit Facility $ (344,750) $ (2,625)