v3.4.0.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Assets Abstract    
Cash $ 14,634 $ 9,169
Accounts receivable, net of allowance for doubtful accounts 74,507 87,157
Prepaid expenses, deposits and other 8,683 6,220
Prepaid and refundable federal and state income taxes 194 55
Deferred tax assets 3,464 3,464
Total current assets 101,482 106,065
Net property and equipment 57,104 57,993
Radio broadcasting licenses 807,416 807,381
Goodwill 32,629 32,629
Assets held for sale 2,634 6,106
Investment in deconsolidated subsidiaries 0 0
Deferred charges and other assets, net of accumulated amortization 4,956 5,471
TOTAL ASSETS 1,006,221 1,015,645
Liabilities Abstract    
Accounts payable 303 73
Accrued expenses 16,600 16,772
Accrued compensation and other current liabilities 24,113 19,924
Financing method lease obligations, current portion 0 0
Long-term debt, current portion 32,210 31,832
Total current liabilities 73,226 68,601
Long-term debt, net of current portion 430,816 448,724
Deferred tax liabilities 82,449 81,643
Other long-term liabilities 27,320 27,608
Total long-term liabilities 540,585 557,975
Total liabilities $ 613,811 $ 626,576
CONTINGENCIES AND COMMITMENTS
Perpetual Cumulative Convertible Preferred Stock $ 27,619 $ 27,619
SHAREHOLDERS' EQUITY:    
Preferred stock 0 0
Common stock 399 397
Additional paid-in capital 610,681 611,754
Accumulated deficit (246,289) (250,701)
Accumulated other comprehensive income (loss) 0 0
Total shareholders' equity 364,791 361,450
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,006,221 $ 1,015,645