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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash Flows From Operating Activities:    
Net loss $ (3,471) $ (10,797)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 12,533 16,081
Program amortization 13,648 12,509
Amortization of deferred financing costs and original issue discount 580 591
Stock-based compensation 4,808 3,933
Provision for bad debts 135 417
Gain on disposition of assets (22) (38)
Gain from FCC spectrum repack (1,717) (1,477)
Deferred tax expense 3,593 1,040
Loss on equity investments 30,271 35,206
Amortization of operating lease right-of-use assets 486  
Gain from insurance proceeds (1,661) (2,080)
(Increase) decrease in:    
Accounts receivable (993) (7,402)
Due from related parties, net (613) (60)
Programming rights (14,087) (19,322)
Prepaid expenses and other assets (6,235) 2,239
Increase (decrease) in:    
Accounts payable (590) (1,209)
Other accrued expenses (1,819) 3,435
Programming rights payable 2,005 1,163
Income taxes payable (2,265) 2,240
Other liabilities 1,033 321
Net cash provided by operating activities 35,619 36,790
Cash Flows From Investing Activities:    
Funding of equity method investments (31,747) (53,782)
Capital expenditures (5,376) (10,628)
Insurance proceeds 1,661 2,080
FCC spectrum repack proceeds 1,717 1,477
Net payment for the acquisition of Snap Media   (772)
Net cash used in investing activities (33,745) (61,625)
Cash Flows From Financing Activities:    
Principle payments of long-term debt (2,133) (2,133)
Purchases of common stock (2,175) (2,873)
Proceeds from exercise of options 107  
Proceeds from exercise of warrants   20
Net cash used in financing activities (4,201) (4,986)
Net decrease in cash (2,327) (29,821)
Cash:    
Beginning 94,478 124,299
Ending 92,151 94,478
Cash payments for:    
Interest 12,863 10,574
Income taxes 13,459 8
Non-cash investing activity:    
Acquisition financed in part by treasury shares 588 $ 1,397
Non-cash financing activity:    
Cashless exercise of options issued from treasury shares $ 47