Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets Subject to Amortization

Intangible assets subject to amortization consisted of the following (in thousands):

	Estimated	September 30, 2020							December 31, 2019
	useful life,			Accumulated							Accumulated
	in years	Gross		Amortization			Net		Gross		Amortization			Net
Network affiliation agreements	15	$	3,118,357	$	(827,673	)	$	2,290,684	$	3,223,906	$	(691,640	)	$	2,532,266
Other definite-lived intangible assets	1-20		965,293		(300,893	)		664,400		961,350		(233,996	)		727,354
Other intangible assets		$	4,083,650	$	(1,128,566	)	$	2,955,084	$	4,185,256	$	(925,636	)	$	3,259,620

Estimated Amortization Expense of Definite-Lived Intangible Assets

The following table presents the Company’s estimate of amortization expense for the remainder of 2020, each of the five succeeding years ended December 31 and thereafter for definite-lived intangible assets as of September 30, 2020 (in thousands):

Remainder of 2020	$	72,775
2021		271,338
2022		268,939
2023		266,054
2024		264,272
Thereafter		1,811,706
	$	2,955,084

Goodwill, FCC Licenses and Other Indefinite-Lived Intangible Assets

The amounts recorded to goodwill and FCC licenses were as follows (in thousands):

	Goodwill									FCC Licenses
				Accumulated									Accumulated
	Gross			Impairment			Net			Gross			Impairment			Net
Balances as of December 31, 2019	$	3,129,169		$	(132,294	)	$	2,996,875		$	2,968,875		$	(47,410	)	$	2,921,465
Current year acquisitions (See Note 3)		7,643			-			7,643			39,217			-			39,217
Current year divestitures (See Note 3)		(48,429	)		-			(48,429	)		(104,308	)		-			(104,308	)
Measurement period adjustments related to Nexstar and Tribune merger (See Note 3)		(94,775	)		-			(94,775	)		-			-			-
Balances as of September 30, 2020	$	2,993,608		$	(132,294	)	$	2,861,314		$	2,903,784		$	(47,410	)	$	2,856,374