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ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Disclosure of Long Lived Assets Held-for-sale
The major categories of these assets held for sale are as follows:
Assets Held for Sale
December 31, 2019December 31, 2018
(amounts in thousands)
Land and land improvements
$—  $2,645  
Building
—  1,053  
Leasehold improvements
—  —  
Equipment
48  15,905  
Net property and equipment
48  19,603  
Radio broadcasting licenses10,140  —  
Other intangibles
—  —  
Goodwill
—  —  
Total intangibles
10,140  —  
Net assets held for sale
$10,188  $19,603  
Discontinued Operations
The following table presents the results of operations of the discontinued operations:
Years Ended December 31,
201920182017
(amounts in thousands)
Net broadcast revenues
$—  $—  $5,494  
Station operating expenses
—  —  4,749  
Depreciation and amortization expense
—  —   
Net time brokerage agreement (income) fees
—  1,765  (652) 
Total operating expenses
—  —  4,106  
Income before income taxes
—  1,765  1,388  
Income taxes
—  613  552  
Income from discontinued operations, net of income taxes
$—  $1,152  $836