Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current Assets
Cash and cash equivalents	$ 643,698	$ 262,644
Restricted cash and cash equivalents	17,566	17,595
Accounts receivable (net of allowances of $11,006 and $8,176)	425,264	466,628
Broadcast rights	186,906	160,240
Income taxes receivable	2,764	42,838
Prepaid expenses	53,645	63,337
Other	9,293	8,663
Total current assets	1,339,136	1,021,945
Properties
Property, plant and equipment	752,838	818,658
Accumulated depreciation	(202,563)	(160,801)
Net properties	550,275	657,857
Other Assets
Broadcast rights	174,112	203,422
Goodwill	3,563,522	3,561,812
Other intangible assets, net	2,092,925	2,240,199
Assets held for sale	17,878	206,422	[1]
Investments	1,667,411	1,692,700
Other	92,417	124,506	[2]
Total other assets	7,608,265	8,029,061
Total Assets	9,497,676	9,708,863	[1]
Current Liabilities
Accounts payable	65,418	60,394
Debt due within one year (net of unamortized discounts and debt issuance costs of $7,927 and $7,979)	19,914	19,862	[2]
Income taxes payable	64,269	3,458
Employee compensation and benefits	75,830	87,976
Contracts payable for broadcast rights	253,259	236,676
Deferred revenue	45,032	44,721
Interest payable	13,899	33,828
Other	41,452	53,885
Total current liabilities	579,073	540,800
Non-Current Liabilities
Long-term debt (net of unamortized discounts and debt issuance costs of $41,572 and $48,809)	3,395,845	3,409,489	[2],[3]
Deferred income taxes	1,026,745	984,032
Contracts payable for broadcast rights	348,096	385,107
Contract intangible liability, net	25	13,772
Pension obligations, net	431,935	456,073
Postretirement, medical, life and other benefits	15,028	16,092
Other obligations	69,934	71,776
Total non-current liabilities	5,287,608	5,336,341
Total Liabilities	5,866,681	5,877,141
Commitments and Contingent Liabilities
Shareholders’ Equity
Preferred stock	0	0
Common Stock	100	100
Treasury stock, at cost: 11,619,676 shares at September 30, 2016 and 7,670,216 shares at December 31, 2015	(557,688)	(400,153)
Additional paid-in-capital	4,573,854	4,619,618
Retained deficit	(327,056)	(322,351)
Accumulated other comprehensive loss	(63,884)	(71,016)
Total Tribune Media Company shareholders’ equity	3,625,326	3,826,198
Noncontrolling interest	5,669	5,524
Total shareholders’ equity	3,630,995	3,831,722
Total Liabilities and Shareholders’ Equity	9,497,676	9,708,863
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.