Segment Data (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Data

The table below presents financial information for each operating segment as of December 31, 2020 and 2019 based on the composition of our operating segments:

	Broadcast		Digital Media			Publishing			Unallocated Corporate Expenses			Consolidated
	(Dollars in thousands)
Year Ended December 31, 2020
Net revenue	$	178,127	$	39,593		$	18,519		$	—		$	236,239
Operating expenses		140,942		31,725			21,950			16,194			210,811
Net operating income (loss) before depreciation, amortization, change in the estimated fair value of contingent earn-out consideration, impairments, and net (gain) loss on the disposition of assets	$	37,185	$	7,868		$	(3,431	)	$	(16,194	)	$	25,428
Depreciation		6,464		3,096			281			936			10,777
Amortization		23		2,416			841			1			3,281
Change in the estimated fair value of contingent earn-out consideration		—		(12	)		—			—			(12	)
Impairment of indefinite-lived long-term assets other than goodwill		16,994		—			260			—			17,254
Impairment of goodwill		184		10			105			8			307
Net (gain) loss on the disposition of assets		1,554		—			2			19			1,575
Net operating income (loss)	$	11,966	$	2,358		$	(4,920	)	$	(17,158	)	$	(7,754	)

	Broadcast		Digital Media			Publishing			Unallocated Corporate Expenses			Consolidated
	(Dollars in thousands)
Year Ended December 31, 2019
Net revenue	$	193,339	$	39,165		$	21,394		$	—		$	253,898
Operating expenses		149,439		30,801			22,348			15,940			218,528
Net operating income (loss) before depreciation, amortization, impairments, change in estimated fair value of contingent earn-out consideration and net (gain) loss on the disposition of assets	$	43,900	$	8,364		$	(954	)	$	(15,940	)	$	35,370
Depreciation		7,128		3,082			354			733			11,297
Amortization		35		3,757			844			1			4,637
Impairment of indefinite-lived long-term assets other than goodwill		2,908		—			17			—			2,925
Impairment of goodwill		—		2,089			338			—			2,427
Change in estimated fair value of contingent earn-out consideration		—		(41	)		—			—			(41	)
Net (gain) loss on the disposition of assets		22,056		260			10			—			22,326
Operating income (loss)	$	11,773	$	(783	)	$	(2,517	)	$	(16,674	)	$	(8,201	)

	Broadcast		Digital Media		Publishing		Corporate		Consolidated
	(Dollars in thousands)
As of December 31, 2020
Inventories, net	$	—	$	—	$	495	$	—	$	495
Property and equipment, net		64,231		6,221		741		7,929		79,122
Broadcast licenses		319,773		—		—		—		319,773
Goodwill		2,746		19,565		1,446		—		23,757
Amortizable intangible assets, net		246		3,434		337		—		4,017
As of December 31, 2019
Inventories, net	$	—	$	—	$	717	$	—	$	717
Property and equipment, net		72,816		6,127		801		7,929		87,673
Broadcast licenses		337,858		—		—		—		337,858
Goodwill		2,930		19,509		1,551		8		23,998
Other indefinite-lived intangible assets		—		—		260		—		260
Amortizable intangible assets, net		268		5,653		1,178		1		7,100