v3.8.0.1

SUMMARIZED QUARTERLY FINANCIAL DATA (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2017
Quarterly Financial Information Disclosure Abstract |
Schedule of Quarterly Financial Information [Table Text Block] |
| Quarters Ended
| December 31 |  | September 30 |  | June 30 |  | March 31
| (amounts in thousands, except per share data)
2017 |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 246,614 |  | $ | 122,299 |  |  | 124,970 |  | $ | 99,001
Operating income | $ | (2,265) |  | $ | 13,485 |  |  | 16,379 |  | $ | (15,016)
Net income (loss) available to the Company from |  |  |  |  |  |  |  |  |  |  |
continuing operations | $ | 231,829 |  | $ | 4,100 |  | $ | 6,414 |  | $ | (9,331)
Preferred stock dividend | $ | 252 |  | $ | 663 |  | $ | 550 |  | $ | 550
Net income available to common shareholders from |  |  |  |  |  |  |  |  |  |  |
continuing operations | $ | 231,577 |  | $ | 3,437 |  |  | 5,864 |  | $ | (9,881)
Income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of income taxes | $ | 836 |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders | $ | 232,413 |  | $ | 3,437 |  |  | 5,864 |  | $ | (9,881)
Net income (loss) from continuing operations |  |  |  |  |  |  |  |  |  |  |
per share - basic (1) | $ | 2.63 |  | $ | 0.11 |  | $ | 0.16 |  | $ | (0.24)
Net income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of tax, per share - basic (1) | $ | 0.01 |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders |  |  |  |  |  |  |  |  |  |  |
per share - basic (1) | $ | 2.63 |  | $ | 0.09 |  |  | 0.15 |  | $ | (0.25)
Weighted average common shares outstanding - basic |  | 88,309 |  |  | 38,955 |  |  | 38,945 |  |  | 38,910
Net income (loss) from continuing operations |  |  |  |  |  |  |  |  |  |  |
per share - diluted (1) | $ | 2.58 |  | $ | 0.28 |  | $ | 0.26 |  | $ | 0.11
Net income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of tax, per share - diluted (1) | $ | 0.01 |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders |  |  |  |  |  |  |  |  |  |  |
per share - diluted (1) | $ | 2.59 |  | $ | 0.09 |  | $ | 0.15 |  | $ | (0.25)
Weighted average common shares outstanding - diluted |  | 89,887 |  |  | 39,728 |  |  | 39,656 |  |  | 38,910
Preferred stock dividends declared and paid | $ | 924 |  | $ | 550 |  | $ | 550 |  | $ | 550
Common stock dividends declared and paid | $ | 12,746 |  | $ | 10,713 |  | $ | 2,921 |  | $ | 2,916
| Quarters Ended
| December 31 |  | September 30 |  | June 30 |  | March 31
| (amounts in thousands, except per share data)
2016 |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 124,550 |  | $ | 121,641 |  | $ | 121,571 |  | $ | 97,009
Operating income | $ | 30,040 |  | $ | 25,688 |  | $ | 27,584 |  | $ | 14,745
Income (loss) available to the Company from |  |  |  |  |  |  |  |  |  |  |
continuing operations | $ | 11,399 |  | $ | 11,420 |  | $ | 10,834 |  | $ | 4,412
Preferred stock dividend | $ | 550 |  | $ | 526 |  | $ | 412 |  | $ | 413
Net income available to common shareholders from |  |  |  |  |  |  |  |  |  |  |
continuing operations | $ | 10,849 |  | $ | 10,894 |  | $ | 10,422 |  | $ | 3,999
Income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of income taxes | $ | - |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders | $ | 10,849 |  | $ | 10,894 |  | $ | 10,422 |  | $ | 3,999
Net income (loss) from continuing operations |  |  |  |  |  |  |  |  |  |  |
per share - basic (1) | $ | 0.30 |  | $ | 0.30 |  | $ | 0.28 |  | $ | 0.11
Net income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of tax, per share - basic (1) | $ | - |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders |  |  |  |  |  |  |  |  |  |  |
per share - basic (1) | $ | 0.28 |  | $ | 0.28 |  | $ | 0.27 |  | $ | 0.10
Weighted average common shares outstanding - basic |  | 38,561 |  |  | 38,485 |  |  | 38,469 |  |  | 38,448
Net income (loss) from continuing operations |  |  |  |  |  |  |  |  |  |  |
per share - diluted (1) | $ | 0.28 |  | $ | 0.28 |  | $ | 0.26 |  | $ | 0.11
Net income (loss) from discontinued operations, |  |  |  |  |  |  |  |  |  |  |
net of tax, per share - diluted (1) | $ | - |  | $ | - |  | $ | - |  | $ | -
Net income (loss) available to common shareholders |  |  |  |  |  |  |  |  |  |  |
per share - diluted (1) | $ | 0.27 |  | $ | 0.28 |  | $ | 0.26 |  | $ | 0.10
Weighted average common shares outstanding - diluted |  | 39,800 |  |  | 41,433 |  |  | 41,130 |  |  | 39,260
Preferred stock dividends declared and paid | $ | 550 |  | $ | 413 |  | $ | 413 |  | $ | 412
Common stock dividends declared and paid | $ | 2,893 |  | $ | 2,887 |  | $ | 2,886 |  | $ | -
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block] |
|  | Three Months
|  | Ended
Description |  | March 31, 2017
|  | (amounts in thousands) (unaudited)
Net revenues: |  |  |
Prior to revision |  | $ | 97,452
Revision |  |  | 1,549
As revised |  | $ | 99,001
Station operating expenses, including |  |  |
non-cash compensation expense: |  |  |
Prior to revision |  | $ | 75,617
Revision |  |  | 1,549
As revised |  | $ | 77,166
|  | Three Months Ended (unaudited) |  | Year Ended
|  | March 31, |  | June 30, |  | September 30, |  | December 31, |  | December 31,
Description |  | 2016
|  | (amounts in thousands)
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior to revision |  | $ | 96,103 |  | $ | 120,478 |  | $ | 120,457 |  | $ | 123,207 |  | $ | 460,245
Revision |  |  | 906 |  |  | 1,093 |  |  | 1,184 |  |  | 1,343 |  |  | 4,526
As revised |  | $ | 97,009 |  | $ | 121,571 |  | $ | 121,641 |  | $ | 124,550 |  | $ | 464,771
Station operating expenses, including |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
non-cash compensation expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior to revision |  | $ | 71,715 |  | $ | 82,639 |  | $ | 82,905 |  | $ | 81,485 |  | $ | 318,744
Revision |  |  | 906 |  |  | 1,093 |  |  | 1,184 |  |  | 1,343 |  |  | 4,526
As revised |  | $ | 72,621 |  | $ | 83,732 |  | $ | 84,089 |  | $ | 82,828 |  | $ | 323,270
|  | Three Months Ended (unaudited) |  | Year Ended
|  | March 31, |  | June 30, |  | September 30, |  | December 31, |  | December 31,
Description |  | 2015
|  | (amounts in thousands)
Net Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior to revision |  | $ | 78,420 |  | $ | 100,592 |  | $ | 114,662 |  | $ | 117,704 |  | $ | 411,378
Revision |  |  | 589 |  |  | 730 |  |  | 874 |  |  | 910 |  |  | 3,103
As revised |  | $ | 79,009 |  | $ | 101,322 |  | $ | 115,536 |  | $ | 118,614 |  | $ | 414,481
Station operating expenses, including |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
non-cash compensation expense: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Prior to revision |  | $ | 59,367 |  | $ | 70,000 |  | $ | 81,241 |  | $ | 77,103 |  | $ | 287,711
Revision |  |  | 589 |  |  | 730 |  |  | 874 |  |  | 910 |  |  | 3,103
As revised |  | $ | 59,956 |  | $ | 70,730 |  | $ | 82,115 |  | $ | 78,013 |  | $ | 290,814

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