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Goodwill and intangible assets (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and intangible assets  
Schedule of goodwill and intangible assets

 

Goodwill and intangible assets consist of the following at March 31, 2016 and December 31, 2015 (amounts in thousands):

 

 

 

March 31,

 

December 31,

 

 

 

2016

 

2015

 

Broadcast license

 

$

41,356 

 

$

41,356 

 

Goodwill

 

164,887 

 

164,887 

 

Other intangibles

 

74,851 

 

78,185 

 

 

 

 

 

 

 

Total intangible assets

 

$

281,094 

 

$

284,428 

 

 

 

 

 

 

 

 

 

 

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 three months ended March 31, 2016 is as follows (amounts in thousands):

 

 

 

Net Balance at
December 31, 2015

 

Additions

 

Impairment

 

Net Balance at
March 31, 2016

 

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 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of the changes in other amortizable intangible assets

 

A summary of the changes in the Company’s other amortizable intangible assets for the three months ended March 31, 2016 is as follows (amounts in thousands):

 

 

 

Net Balance at December
31, 2015

 

Additions

 

Amortization

 

Net Balance at
March 31, 2016

 

Affiliate relationships

 

$

56,766

 

$

 

$

(3,075

)

$

53,691

 

Advertiser Relationships

 

2,344

 

 

(138

)

2,206

 

Non-Compete Agreement

 

2,333

 

 

(137

)

2,196

 

Other intangibles

 

56

 

23

 

(7

)

72

 

 

 

 

 

 

 

 

 

 

 

Total Finite-lived intangibles

 

$

61,499

 

$

23

 

$

(3,357

)

$

58,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of future estimated amortization expense

 

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

 

Year Ending December 31,

 

Amount

 

2016

 

10,073 

 

2017

 

13,257 

 

2018

 

13,187 

 

2019

 

8,432 

 

2020 and thereafter

 

13,216 

 

 

 

 

 

 

 

$

58,165