Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 324,636	$ 262,644
Restricted cash and cash equivalents	17,579	17,595
Accounts receivable (net of allowances of $7,605 and $8,176)	433,883	466,628
Broadcast rights	158,319	160,240
Income taxes receivable	29,153	42,838
Prepaid expenses	42,822	63,337
Other	26,392	8,663
Total current assets	1,032,784	1,021,945
Properties
Property, plant and equipment	700,313	818,658
Accumulated depreciation	(164,548)	(160,801)
Net properties	535,765	657,857
Other Assets
Broadcast rights	186,580	203,422
Goodwill	3,563,657	3,561,812
Other intangible assets, net	2,192,431	2,240,199
Assets held for sale	313,235	206,422	[1]
Investments	1,641,291	1,692,700
Other	107,779	124,506	[2]
Total other assets	8,004,973	8,029,061	[2]
Total Assets	9,573,522	9,708,863	[1],[2]
Current Liabilities
Accounts payable	67,698	60,394
Debt due within one year (net of unamortized discounts and debt issuance costs of $7,947 and $7,979)	19,894	19,862	[2]
Income taxes payable	4,198	3,458
Employee compensation and benefits	70,191	87,976
Contracts payable for broadcast rights	206,283	236,676
Deferred revenue	40,704	44,721
Interest payable	13,901	33,828
Other	47,183	53,885
Total current liabilities	470,052	540,800	[2]
Non-Current Liabilities
Long-term debt (net of unamortized discounts and debt issuance costs of $46,776 and $48,809)	3,404,562	3,409,489	[2],[3]
Deferred income taxes	985,966	984,032
Contracts payable for broadcast rights	349,788	385,107
Contract intangible liability, net	9,436	13,772
Pension obligations, net	450,080	456,073
Postretirement, medical, life and other benefits	15,854	16,092
Other obligations	72,946	71,776
Total non-current liabilities	5,288,632	5,336,341	[2]
Total Liabilities	$ 5,758,684	$ 5,877,141	[2]
Commitments and Contingent Liabilities
Shareholders’ Equity
Preferred stock	$ 0	$ 0
Common Stock	100	100
Treasury stock, at cost: 7,911,675 shares at March 31, 2016 and 7,670,216 shares at December 31, 2015 (Note 11)	(412,892)	(400,153)
Additional paid-in-capital	4,600,743	4,619,618
Retained deficit	(311,258)	(322,351)
Accumulated other comprehensive loss	(67,379)	(71,016)
Total Tribune Media Company shareholders’ equity	3,809,314	3,826,198
Noncontrolling interest	5,524	5,524
Total shareholders’ equity	3,814,838	3,831,722
Total Liabilities and Shareholders’ Equity	9,573,522	9,708,863	[2]
Class A Common Stock
Shareholders’ Equity
Common Stock	100	100
Total shareholders’ equity	100	100
Class B Common Stock
Shareholders’ Equity
Common Stock	0	0
Total shareholders’ equity	$ 0	$ 0

[1] (1) December 31, 2015 balances have been reclassified to present debt issuance costs as a direct deduction from the carrying amount of an associated debt liability in accordance with ASU 2015-03. See Note 1 for further information.

[2] (1) December 31, 2015 balances have been reclassified to present debt issuance costs as a direct deduction from the carrying amount of an associated debt liability in accordance with ASU 2015-03.

[3] (1) December 31, 2015 balances have been reclassified to present debt issuance costs as a direct deduction from the carrying amount of an associated debt liability in accordance with ASU 2015-03. See Note 1 for further information.