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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Reconciliation of Net Loss to Net Cash Provided by Operating Activities:    
Net loss $ (7,250) $ (13,719)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 9,204 12,040
Program amortization 10,284 8,957
Amortization of deferred financing costs and original issue discount 434 440
Stock-based compensation 3,535 2,967
Provision for bad debts 108 174
Loss ( gain ) on disposition of assets 16 (43)
Loss on equity method investments 24,048 27,278
Gain from FCC spectrum repack (1,677) (566)
Deferred tax expense (312) (265)
Amortization of operating lease right-of-use assets 357  
Gain from insurance proceeds   (2,080)
Decrease (increase) in:    
Accounts receivable 1,102 (7,656)
Programming rights (8,892) (14,441)
Prepaids and other assets (2,711) 2,076
(Decrease) increase in:    
Accounts payable (458) 771
Due to related parties, net (477) 1,331
Other accrued expenses (3,681) (37)
Programming rights payable 1,009 3,193
Income taxes payable (2,265)  
Other liabilities 1,671 135
Net cash provided by operating activities 24,045 20,555
Cash Flows From Investing Activities:    
Funding of equity method investments (27,361) (36,947)
Capital expenditures (4,925) (10,064)
FCC spectrum repack proceeds 1,677 566
Insurance proceeds   2,080
Net cash used in investing activities (30,609) (44,365)
Cash Flows From Financing Activities:    
Principle payments of long-term debt (1,600) (2,133)
Purchases of common stock (1,194) (2,444)
Proceeds from exercise of options 107  
Proceeds from exercise of warrants   20
Net cash used in financing activities (2,687) (4,557)
Net decrease in cash (9,251) (28,367)
Cash:    
Beginning 94,478 124,299
Ending 85,227 95,932
Cash payments for:    
Interest 10,013 8,564
Income taxes 9,263 $ 8
Non-cash investing activity:    
Acquisition financed in part by treasury shares 588  
Non-cash financing activity:    
Cashless exercise of options issued from treasury shares $ 47