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Goodwill and intangible assets (Table)
3 Months Ended
Mar. 31, 2019
Goodwill and intangible assets  
Schedule of goodwill and intangible assets

 

Goodwill and intangible assets consist of the following as of March 31, 2019 and December 31, 2018 (amounts in thousands):

 

 

 

 

 

 

 

 

 

    

March 31, 

    

December 31, 

 

 

2019

 

2018

Broadcast license

 

$

41,356

 

$

41,356

Goodwill

 

 

170,068

 

 

169,994

Other intangibles

 

 

35,752

 

 

39,086

Total intangible assets

 

$

247,176

 

$

250,436

 

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, 2019 is as follows (amounts in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Net Balance at

    

    

    

    

    

Net Balance at

 

 

December 31, 2018

 

Additions

 

Impairment

 

March 31, 2019

Broadcast license

 

$

41,356

 

$

 —

 

$

 —

 

$

41,356

Goodwill

 

 

169,994

 

 

74

 

 

 —

 

 

170,068

Brands

 

 

15,986

 

 

 —

 

 

 —

 

 

15,986

Other intangibles

 

 

700

 

 

 —

 

 

 —

 

 

700

Total indefinite-lived intangibles

 

$

228,036

 

$

74

 

$

 —

 

$

228,110

 

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, 2019 is as follows (amounts in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Balance at

 

 

    

    

    

    

Net Balance at

 

    

December 31, 2018

    

Additions

    

Amortization

    

March 31, 2019

Affiliate relationships

 

$

20,273

 

$

 —

 

$

(3,018)

 

$

17,255

Advertiser  relationships

 

 

690

 

 

 —

 

 

(138)

 

 

552

Non-compete agreement

 

 

686

 

 

 —

 

 

(137)

 

 

549

Other intangibles

 

 

144

 

 

 —

 

 

(19)

 

 

125

Programming contracts

 

 

607

 

 

 —

 

 

(22)

 

 

585

Total finite-lived intangibles

 

$

22,400

 

$

 —

 

$

(3,334)

 

$

19,066

 

Schedule of future estimated amortization expense

 

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

 

 

 

 

 

Year Ending December 31,

    

Amount

Remainder of 2019

 

$

5,263

2020

 

 

6,170

2021

 

 

5,857

2022

 

 

1,528

2023 and thereafter

 

 

248

Total

 

$

19,066