Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 366,640	$ 262,644
Restricted cash and cash equivalents	17,579	17,595
Accounts receivable (net of allowances of $8,138 and $8,176)	447,964	466,628
Broadcast rights	140,278	160,240
Income taxes receivable	21,985	42,838
Prepaid expenses	35,489	63,337
Other	9,383	8,663
Total current assets	1,039,318	1,021,945
Properties
Property, plant and equipment	698,019	818,658
Accumulated depreciation	(182,996)	(160,801)
Net properties	515,023	657,857
Other Assets
Broadcast rights	163,289	203,422
Goodwill	3,562,586	3,561,812
Other intangible assets, net	2,141,638	2,240,199
Assets held for sale	295,542	206,422	[1]
Investments	1,652,954	1,692,700
Other	96,318	124,506	[2]
Total other assets	7,912,327	8,029,061
Total Assets	9,466,668	9,708,863	[1]
Current Liabilities
Accounts payable	61,603	60,394
Debt due within one year (net of unamortized discounts and debt issuance costs of $7,938 and $7,979)	19,904	19,862	[2]
Income taxes payable	8,711	3,458
Income tax reserves	125,400	0
Employee compensation and benefits	70,576	87,976
Contracts payable for broadcast rights	193,851	236,676
Deferred revenue	39,297	44,721
Interest payable	30,057	33,828
Other	43,827	53,885
Total current liabilities	593,226	540,800
Non-Current Liabilities
Long-term debt (net of unamortized discounts and debt issuance costs of $44,271 and $48,809)	3,400,106	3,409,489	[2],[3]
Deferred income taxes	1,043,818	984,032
Contracts payable for broadcast rights	318,575	385,107
Contract intangible liability, net	5,100	13,772
Pension obligations, net	437,985	456,073
Postretirement, medical, life and other benefits	15,475	16,092
Other obligations	68,453	71,776
Total non-current liabilities	5,289,512	5,336,341
Total Liabilities	5,882,738	5,877,141
Commitments and Contingent Liabilities
Shareholders’ Equity
Preferred stock	0	0
Common Stock	157	100
Treasury stock, at cost: 9,415,191 shares at June 30, 2016 and 7,670,216 shares at December 31, 2015 (Note 11)	(469,380)	(400,153)
Additional paid-in-capital	4,586,905	4,619,618
Retained deficit	(472,821)	(322,351)
Accumulated other comprehensive loss	(66,568)	(71,016)
Total Tribune Media Company shareholders’ equity	3,578,293	3,826,198
Noncontrolling interest	5,637	5,524
Total shareholders’ equity	3,583,930	3,831,722
Total Liabilities and Shareholders’ Equity	9,466,668	9,708,863
Class A Common Stock
Shareholders’ Equity
Common Stock	157	100
Total shareholders’ equity	157	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.