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RADIO BROADCASTING LICENSES | 3 Months Ended
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Mar. 31, 2023
RADIO BROADCASTING LICENSES |
RADIO BROADCASTING LICENSES | 5. RADIO BROADCASTING LICENSES: Broadcasting Licenses The following table presents the changes in the Company’s radio broadcasting licenses carrying value during the three months ended March 31, 2023. ​
​ | ​ | ​ | ​ | ​
​ |  |  | Total
​ | ​ | ​ | (Unaudited)
​ | ​ | ​ | (In thousands)
Balance at January 1, 2023 | ​ | ​ | $ | 488,419
Impairment charges | ​ | ​ | ​ | (16,775)
Reclassification of amounts to assets held for sale |  |  | ​ | (7,276)
Balance at March 31, 2023 | ​ | ​ | $ | 464,368
​ The Company recorded an impairment loss of $16.8 million associated with the expected sale of the KROI-FM radio broadcasting license as discussed in Note 4 – Acquisitions and Dispositions of our consolidated financial statements, during the three months ended March 31, 2023.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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