Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Condensed Consolidated Statements of Operations
Net revenues	$ 37,577	$ 32,409
Operating Expenses:
Cost of revenues	11,779	10,967
Selling, general and administrative	11,391	11,233
Depreciation and amortization	2,665	3,131
Other expenses	6,728	3,021
Gain from FCC repack and other	(52)	(9)
Total operating expenses	32,511	28,343
Operating income	5,066	4,066
Other income (expense):
Interest expense and other, net	(2,358)	(2,786)
Gain (loss) on equity method investment activity	32,609	(7,019)
Impairment of equity method investment		(5,479)
Other expense, net	(668)
Total other income (expense)	29,583	(15,284)
Income (loss) before income taxes	34,649	(11,218)
Income tax (expense) benefit	(1,268)	1,675
Net income (loss)	33,381	(9,543)
Net income (loss) attributable to non-controlling interest	(23)	115
Net income (loss) attributable to Hemisphere Media Group, Inc.	$ 33,358	$ (9,428)
Income (loss) per share attributable to Hemisphere Media Group, Inc.:
Basic	$ 0.85	$ (0.24)
Diluted	$ 0.84	$ (0.24)
Weighted average shares outstanding:
Basic	39,380	39,313
Diluted	39,756	39,313