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

 

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

 

 

 

September 30,

 

December 31,

 

 

 

2016

 

2015

 

Broadcast license

 

$

41,356 

 

$

41,356 

 

Goodwill

 

164,887 

 

164,887 

 

Other intangibles

 

68,151 

 

78,185 

 

 

 

 

 

 

 

Total intangible assets

 

$

274,394 

 

$

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 nine months ended September 30, 2016 is as follows (amounts in thousands):

 

 

 

Net Balance at
December 31, 2015

 

Additions

 

Impairment

 

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

 

 

 

Net Balance at
December 31, 2015

 

Additions

 

Amortization

 

Net Balance at
September 30, 2016

 

Affiliate relationships

 

$

56,766

 

$

 

$

(9,224

)

$

47,542

 

Advertiser relationships

 

2,344

 

 

(414

)

1,930

 

Non-compete agreement

 

2,333

 

 

(412

)

1,921

 

Other intangibles

 

56

 

39

 

(23

)

72

 

 

 

 

 

 

 

 

 

 

 

Total finite-lived intangibles

 

$

61,499

 

$

39

 

$

(10,073

)

$

51,465

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of future estimated amortization expense

 

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

 

Year Ending December 31,

 

Amount

 

2016

 

$

3,357 

 

2017

 

13,262 

 

2018

 

13,196 

 

2019

 

8,432 

 

2020 and thereafter

 

13,218 

 

 

 

 

 

 

 

$

51,465