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Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The gross carrying amount and accumulated amortization of the Company’s intangible assets as of September 30, 2020 and December 31, 2019 are as follows (dollars in thousands):
Indefinite-LivedDefinite-LivedTotal
Gross Carrying Amount
FCC licenses		TrademarksAffiliate and producer relationshipsBroadcast advertisingTower income contractsOther
Balance as of December 31, 2019$830,490 $19,921 $130,000 $32,000 $13,721 $11,191 $1,037,323 
Impairment charges(4,509)— — — — — (4,509)
Assets held for sale (see Note 1)(263)(16)— — (16)(11)(306)
Dispositions(52)(2)— — (1)(45)(100)
Balance as of September 30, 2020$825,666 $19,903 $130,000 $32,000 $13,704 $11,135 $1,032,408 
Accumulated Amortization
Balance as of December 31, 2019$— $— $(18,712)$(10,133)$(2,414)$(11,191)$(42,450)
Amortization Expense— — (8,864)(4,800)(1,142)— (14,806)
Assets held for sale (see Note 1)— — — — 3 11 14 
Dispositions— — — — — 45 45 
Balance as of September 30, 2020$— $— $(27,576)$(14,933)$(3,553)$(11,135)$(57,197)
Net Book Value as of September 30, 2020$825,666 $19,903 $102,424 $17,067 $10,151 $— $975,211 
Schedule of Finite-Lived Intangible Assets
The gross carrying amount and accumulated amortization of the Company’s intangible assets as of September 30, 2020 and December 31, 2019 are as follows (dollars in thousands):
Indefinite-LivedDefinite-LivedTotal
Gross Carrying Amount
FCC licenses		TrademarksAffiliate and producer relationshipsBroadcast advertisingTower income contractsOther
Balance as of December 31, 2019$830,490 $19,921 $130,000 $32,000 $13,721 $11,191 $1,037,323 
Impairment charges(4,509)— — — — — (4,509)
Assets held for sale (see Note 1)(263)(16)— — (16)(11)(306)
Dispositions(52)(2)— — (1)(45)(100)
Balance as of September 30, 2020$825,666 $19,903 $130,000 $32,000 $13,704 $11,135 $1,032,408 
Accumulated Amortization
Balance as of December 31, 2019$— $— $(18,712)$(10,133)$(2,414)$(11,191)$(42,450)
Amortization Expense— — (8,864)(4,800)(1,142)— (14,806)
Assets held for sale (see Note 1)— — — — 3 11 14 
Dispositions— — — — — 45 45 
Balance as of September 30, 2020$— $— $(27,576)$(14,933)$(3,553)$(11,135)$(57,197)
Net Book Value as of September 30, 2020$825,666 $19,903 $102,424 $17,067 $10,151 $— $975,211 
Schedule of Assumptions on Impairment Below are the key assumptions used in our interim impairment assessment:
Discount rate8.0 %
Long-term revenue growth rate(0.75)%
Mature operating profit margin for average stations in the markets where the Company operates20% – 30%