v3.19.2

INTANGIBLE ASSETS AND GOODWILL (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of the changes in broadcasting license |
|  | Broadcasting Licenses
|  | Carrying Amount
|  | June 30, |  | December 31,
|  | 2019 |  | 2018
|  | (amounts in thousands)
Broadcasting licenses balance as of January 1, |  | $ | 2,516,625 |  | $ | 2,649,959
Disposition of radio stations - Cumulus Exchange (See Note 2) |  |  | (17,135) |  |  | -
Acquisition of radio stations - Cumulus Exchange (See Note 2) |  |  | 19,576 |  |  | -
Acquisition of radio stations - Emmis Acquisition |  |  | - |  |  | 12,785
Acquisition of a radio station - Jerry Lee Transaction |  |  | - |  |  | 27,346
Loss on impairment |  |  | - |  |  | (148,564)
Disposition of a radio station - WXTU Transaction |  |  | - |  |  | (24,901)
Assets held for sale - (See Note 13) |  |  | (805) |  |  | -
Ending period balance |  | $ | 2,518,261 |  | $ | 2,516,625
Schedule of changes in goodwill |
|  | Goodwill Carrying Amount
|  | June 30, |  | December 31,
|  | 2019 |  | 2018
|  | (amounts in thousands)
Goodwill balance before cumulative loss |  |  |  |  |
on impairment as of January 1, | $ | 982,663 |  | $ | 988,056
Accumulated loss on impairment as of January 1, |  | (443,194) |  |  | (126,056)
Goodwill beginning balance after cumulative loss |  |  |  |  |
on impairment as of January 1, |  | 539,469 |  |  | 862,000
Loss on impairment during year |  | - |  |  | (317,138)
Disposition of radio stations - Cumulus Exchange (See Note 2) |  |  | (4,862) |  |  | -
Acquisition of radio stations - Cumulus Exchange (See Note 2) |  | 2,080 |  |  | -
Disposition of a radio station - WXTU Transaction |  |  | - |  |  | (8,623)
Measurement period adjustments to acquired goodwill |  | - |  |  | (21,498)
Acquisition of radio stations - Emmis Acquisition |  | - |  |  | 332
Acquisition of a radio station - Jerry Lee Transaction |  |  | - |  |  | 24,396
Ending period balance | $ | 536,687 |  | $ | 539,469

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- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
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