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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 196,914 $ 15,142
Restricted cash 0 1,865
Accounts receivable, less allowance for doubtful accounts of $6,405 and $5,197 at June 30, 2020 and December 31, 2019, respectively 154,381 242,599
Trade receivable 3,237 2,790
Assets held for sale 521 87,000
Prepaid expenses and other current assets 40,757 31,285
Total current assets 395,810 380,681
Property and equipment, net 221,921 232,934
Operating lease right-of-use assets 142,178 143,436
Broadcast licenses 825,666 830,490
Other intangible assets, net 154,480 164,383
Other assets 13,240 9,408
Total assets 1,753,295 1,761,332
Current liabilities:    
Accounts payable and accrued expenses 71,876 97,527
Current portion of operating lease liabilities 29,930 34,462
Trade payable 2,438 2,323
Current portion of term loan due 2026 5,250 5,250
Total current liabilities 109,494 139,562
2020 revolving credit facility 60,000 0
Term loan due 2026, net of debt issuance costs of $4,625 and $5,007 at June 30, 2020 and December 31, 2019, respectively 511,188 513,431
6.75% senior notes, net of debt issuance costs of $6,509 and $6,938 at June 30, 2020 and December 31, 2019, respectively 493,491 493,062
Operating lease liabilities 119,052 111,184
Other liabilities 31,805 27,839
Deferred income taxes 16,255 21,038
Total liabilities 1,341,285 1,306,116
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Treasury stock, at cost,174,222 and 68,658 shares at June 30, 2020 and December 31, 2019, respectively (2,414) (1,171)
Additional paid-in-capital 335,409 333,705
Retained earnings 79,015 122,682
Total stockholders’ equity 412,010 455,216
Total liabilities and stockholders’ equity 1,753,295 1,761,332
Class A common stock    
Stockholders’ equity:    
Common stock 0 0
Class B Common Stock    
Stockholders’ equity:    
Common stock $ 0 $ 0