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Goodwill and intangible assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and intangible assets  
Schedule of goodwill and intangible assets

 

Goodwill and intangible assets consist of the following at June 30, 2016 and December 31, 2015 (amounts in thousands):

 

 

 

June 30,

 

December 31,

 

 

 

2016

 

2015

 

Broadcast license

 

$

41,356 

 

$

41,356 

 

Goodwill

 

164,887 

 

164,887 

 

Other intangibles

 

71,494 

 

78,185 

 

 

 

 

 

 

 

Total intangible assets

 

$

277,737 

 

$

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 six months ended June 30, 2016 is as follows (amounts in thousands):

 

 

 

Net Balance at
December 31, 2015

 

Additions

 

Impairment

 

Net Balance at
June 30, 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 six months ended June 30, 2016 is as follows (amounts in thousands):

 

 

 

Net Balance at December
31, 2015

 

Additions

 

Amortization

 

Net Balance at
June 30, 2016

 

Affiliate relationships

 

$

56,766

 

$

 

$

(6,149

)

$

50,617

 

Advertiser relationships

 

2,344

 

 

(276

)

2,068

 

Non-compete agreement

 

2,333

 

 

(274

)

2,059

 

Other intangibles

 

56

 

23

 

(15

)

64

 

 

 

 

 

 

 

 

 

 

 

Total Finite-lived intangibles

 

$

61,499

 

$

23

 

$

(6,714

)

$

54,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of future estimated amortization expense

 

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

 

Year Ending December 31,

 

Amount

 

2016

 

6,714 

 

2017

 

13,257 

 

2018

 

13,187 

 

2019

 

8,432 

 

2020 and thereafter

 

13,218 

 

 

 

 

 

 

 

$

54,808