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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets  
Schedule of goodwill and intangible assets

       Goodwill and intangible assets consist of the following at December 31, 2017 and 2016 (amounts in thousands):

                                                                                                                                                                                                              

 

 

December 31,

 

 

 

2017

 

2016

 

Broadcast license

 

$

41,356

 

$

41,356

 

Goodwill

 

 

164,887

 

 

164,887

 

Other intangibles

 

 

51,661

 

 

64,849

 

​  

​  

​  

​  

Total intangible assets

 

$

257,904

 

$

271,092

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of the changes in goodwill and other indefinite lived intangible assets

        A summary of changes in the Company's goodwill and other indefinite lived intangible assets, on a net basis, for the years ended December 31, 2017 and 2016, is as follows (amounts in thousands):

                                                                                                                                                                                                                

 

 

Net Balance at
December 31, 2016

 

Additions

 

Impairment

 

Net Balance at
December 31, 2017

 

Broadcast license

 

$

41,356

 

$

 

$

 

$

41,356

 

Goodwill

 

 

164,887

 

 

 

 

 

 

164,887

 

Brands

 

 

15,986

 

 

 

 

 

 

15,986

 

Other intangibles

 

 

700

 

 

 

 

 

 

700

 

​  

​  

​  

​  

​  

​  

​  

​  

Total indefinite-lived intangibles

 

$

222,929

 

$

 

$

 

$

222,929

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Net Balance at
December 31, 2015

 

Additions

 

Impairment

 

Net Balance at
December 31, 2016

 

Broadcast licenses

 

$

41,356

 

$

 

$

 

$

41,356

 

Goodwill

 

 

164,887

 

 

 

 

 

 

164,887

 

Brands

 

 

15,986

 

 

 

 

 

 

15,986

 

Other intangibles

 

 

700

 

 

 

 

 

 

700

 

​  

​  

​  

​  

​  

​  

​  

​  

Total indefinite-lived intangibles

 

$

222,929

 

$

 

$

 

$

222,929

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Summary of the changes in other amortizable intangible assets

        A summary of the changes in the Company's other amortizable intangible assets for the years ended December 31, 2017 and 2016 is as follows (amounts in thousands):

                                                                                                                                                                                                                

 

 

Net Balance at
December 31, 2016

 

Additions

 

Amortization

 

Net Balance at
December 31, 2017

 

Affiliate relationships

 

$

44,468

 

$

 

$

(12,125

)

$

32,343

 

Advertiser relationships

 

 

1,792

 

 

 

 

(552

)

 

1,240

 

Non-compete agreement

 

 

1,784

 

 

 

 

(549

)

 

1,235

 

Other intangibles

 

 

119

 

 

92

 

 

(54

)

 

157

 

​  

​  

​  

​  

​  

​  

​  

​  

Total finite-lived intangibles

 

$

48,163

 

$

92

 

$

(13,280

)

$

34,975

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Net Balance at
December 31, 2015

 

Additions

 

Amortization

 

Net Balance at
December 31, 2016

 

Affiliate relationships

 

$

56,766

 

$

 

$

(12,298

)

$

44,468

 

Advertiser relationships

 

 

2,344

 

 

 

 

(552

)

 

1,792

 

Non-compete agreement

 

 

2,333

 

 

 

 

(549

)

 

1,784

 

Other intangibles

 

 

56

 

 

94

 

 

(31

)

 

119

 

​  

​  

​  

​  

​  

​  

​  

​  

Total finite-lived intangibles

 

$

61,499

 

$

94

 

$

(13,430

)

$

48,163

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of future estimated amortization expense

        Future estimated amortization expense is as follows (amounts in thousands):

                                                                                                                                                                                                               

Year Ending December 31,

 

Amount

 

2018

 

$

13,241

 

2019

 

 

8,486

 

2020

 

 

6,058

 

2021

 

 

5,752

 

2022 and thereafter

 

 

1,438

 

​  

​  

 

 

$

34,975

 

​  

​  

​  

​