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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 105,728 $ 15,142
Restricted cash 1,395 1,865
Accounts receivable, less allowance for doubtful accounts of $5,409 and $5,197 at March 31, 2020 and December 31, 2019, respectively 204,422 242,599
Trade receivable 3,530 2,790
Assets held for sale 75,000 87,000
Prepaid expenses and other current assets 42,715 31,285
Total current assets 432,790 380,681
Property and equipment, net 228,512 232,934
Operating lease right-of-use assets 138,955 143,436
Broadcast licenses 830,438 830,490
Other intangible assets, net 159,444 164,383
Other assets 12,433 9,408
Total assets 1,802,572 1,761,332
Current liabilities:    
Accounts payable and accrued expenses 84,921 97,527
Current portion of operating lease liabilities 33,527 34,462
Trade payable 2,447 2,323
Current portion of term loan due 2026 5,250 5,250
Total current liabilities 126,145 139,562
2020 revolving credit facility 60,000 0
Term loan due 2026, net of debt issuance costs of $4,801 and $5,007 at March 31, 2020 and December 31, 2019, respectively 512,324 513,431
6.75% senior notes, net of debt issuance costs of $6,726 and $6,938 at March 31, 2020 and December 31, 2019, respectively 493,274 493,062
Operating lease liabilities 110,520 111,184
Other liabilities 26,198 27,839
Deferred income taxes 26,599 21,038
Total liabilities 1,355,060 1,306,116
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Treasury stock, at cost, 144,151 and 68,658 shares at March 31, 2020 and December 31, 2019, respectively (2,243) (1,171)
Additional paid-in-capital 334,424 333,705
Retained earnings 115,331 122,682
Total stockholders’ equity 447,512 455,216
Total liabilities and stockholders’ equity 1,802,572 1,761,332
Class A common stock    
Stockholders’ equity:    
Common stock 0 0
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 0 $ 0