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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 123,030 $ 132,245
Restricted cash 19,973 19,973
Trade accounts receivable, net of allowance for doubtful accounts of $8,314 and $8,743, respectively 123,998 127,446
Prepaid expenses 4,030 2,967
Current portion of content assets 31,993 25,883
Other current assets 8,037 4,760
Total current assets 311,061 313,274
CONTENT ASSETS, net 65,053 60,155
PROPERTY AND EQUIPMENT, net 26,913 26,291
GOODWILL 219,077 223,402
RIGHT OF USE ASSETS 34,149 38,044
RADIO BROADCASTING LICENSES 489,340 505,148
OTHER INTANGIBLE ASSETS, net 61,508 50,159
ASSETS HELD FOR SALE 3,200 0
OTHER ASSETS 44,463 44,635
Total assets 1,254,764 1,261,108
CURRENT LIABILITIES:    
Accounts payable 14,819 14,588
Accrued interest 24,648 25,458
Accrued compensation and related benefits 7,272 10,960
Current portion of content payables 21,628 18,972
Current portion of lease liabilities 9,933 10,072
Other current liabilities 31,345 26,421
Current portion of long-term debt 0 0
Total current liabilities 109,645 106,471
LONG-TERM DEBT, net of current portion, original issue discount and issuance costs 787,381 818,616
CONTENT PAYABLES, net of current portion 3,962 2,865
LONG-TERM LEASE LIABILITIES 26,900 31,228
OTHER LONG-TERM LIABILITIES 37,555 28,320
DEFERRED TAX LIABILITIES, net 11,070 2,473
Total liabilities 976,513 989,973
REDEEMABLE NONCONTROLLING INTERESTS 18,690 17,015
STOCKHOLDERS' EQUITY:    
Convertible preferred stock, $.001 par value, 1,000,000 shares authorized; no shares outstanding at June 30, 2022 and December 31, 2021 0 0
Additional paid-in capital 994,678 1,020,636
Accumulated deficit (735,164) (766,567)
Total stockholders' equity 259,561 254,120
Total liabilities, redeemable noncontrolling interests and stockholders' equity 1,254,764 1,261,108
Common Stock Class A    
STOCKHOLDERS' EQUITY:    
Common stock value 9 9
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 $ 33 $ 37