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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
CURRENT ASSETS:    
Cash and cash equivalents $ 71,455 $ 75,404
Restricted cash 476 26,475
Trade accounts receivable, net of allowance for expected credit losses of $7,188 and $9,223 123,420 142,045
Prepaid expenses 10,205 8,729
Current portion of content assets 34,713 34,003
Assets held for sale 9,907  
Other current assets 8,563 8,750
Total current assets 258,739 295,406
CONTENT ASSETS, NET 80,045 86,378
PROPERTY AND EQUIPMENT, NET 27,904 28,258
GOODWILL 216,599 216,599
RIGHT OF USE ASSETS 28,341 31,879
RADIO BROADCASTING LICENSES 464,368 488,419
OTHER INTANGIBLE ASSETS, NET 52,949 55,193
DEBT SECURITIES - available-for-sale, at fair value; amortized cost of $40,000 at March 31, 2023 and December 31, 2022 136,826 136,826
INVESTMENT IN UNCONSOLIDATED JOINT VENTURE 13,125  
OTHER ASSETS 5,575 5,688
Total assets 1,284,471 1,344,646
CURRENT LIABILITIES:    
Accounts payable 14,316 17,196
Accrued interest 8,976 23,111
Accrued compensation and related benefits 10,146 17,421
Current portion of content payables 25,339 26,718
Current portion of lease liabilities 8,368 8,690
Liabilities held for sale 2,407  
Other current liabilities 43,044 39,682
Total current liabilities 112,596 132,818
LONG-TERM DEBT, net of original issue discount and issuance costs 714,780 739,000
CONTENT PAYABLES, net of current portion 8,891 10,365
LONG-TERM LEASE LIABILITIES 22,092 25,545
OTHER LONG-TERM LIABILITIES 31,208 34,856
DEFERRED TAX LIABILITIES, NET 38,211 39,389
Total liabilities 927,778 981,973
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NONCONTROLLING INTERESTS 25,116 31,923
STOCKHOLDERS' EQUITY:    
Convertible preferred stock, $.001 par value, 1,000,000 shares authorized; no shares outstanding at March 31, 2023 and December 31, 2022 0 0
Accumulated other comprehensive income 73,227 73,227
Additional paid-in capital 996,644 993,484
Accumulated deficit (738,343) (736,010)
Total stockholders' equity 331,577 330,750
Total liabilities, redeemable noncontrolling interests and stockholders' equity 1,284,471 1,344,646
Common Stock Class A    
STOCKHOLDERS' EQUITY:    
Common stock value 10 10
Common Stock Class B    
STOCKHOLDERS' EQUITY:    
Common stock value 3 3
Common Stock Class C    
STOCKHOLDERS' EQUITY:    
Common stock value 2 2
Common Stock Class D    
STOCKHOLDERS' EQUITY:    
Common stock value $ 34 $ 34