XML 42 R28.htm IDEA: XBRL DOCUMENT v3.22.1
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt

Long-term debt was comprised of the following at December 31, 2021, and December 31, 2020:

 

 

December 31, 2021

 

 

December 31, 2020

 

Senior credit facility

 

$

68,343

 

 

$

70,972

 

Notes payable to Emmis

 

 

6,154

 

 

 

5,535

 

Notes payable to SG Broadcasting

 

 

27,574

 

 

 

21,400

 

Less: Current maturities

 

 

(2,754

)

 

 

(1,836

)

Less: Unamortized original discount

 

 

(1,790

)

 

 

(2,153

)

Total long-term debt, net of current portion and debt discount

 

$

97,527

 

 

$

93,918

 

 

Schedule of Mandatory Principal Payments of Long-Term Debt

Based on amounts outstanding at December 31, 2021, mandatory principal payments of long-term debt for the next five years and thereafter are summarized below:

Year ended December 31,

 

Senior Credit Facility

 

 

Emmis Notes

 

 

SG Broadcasting Notes

 

 

Total

 

2022

 

 

2,754

 

 

 

 

 

 

 

 

 

2,754

 

2023

 

 

3,672

 

 

 

 

 

 

 

 

 

3,672

 

2024

 

 

61,917

 

 

 

6,154

 

 

 

 

 

 

68,071

 

2025

 

 

 

 

 

 

 

 

27,574

 

 

 

27,574

 

2026

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

68,343

 

 

$

6,154

 

 

$

27,574

 

 

$

102,071