v3.8.0.1

SUMMARIZED QUARTERLY FINANCIAL DATA (Unaudited) (Tables)

12 Months Ended

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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Tabular disclosure of prior period adjustments to previously issued financial statements including (1) the effect of the correction on each financial statement line item and any per-share amounts affected for each prior period presented (2) the cumulative effect of the change on retained earnings or other appropriate components of equity or net assets in the statement of financial position, as of the beginning of the earliest period presented, and (3) the effect of the prior period adjustments (both gross and net of applicable income tax) on the net income of each prior period presented in the entity's annual report for the year in which the adjustments are made.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22663-107794

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Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data.

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