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Business Segments (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes business segment financial data for the three and nine months ended September 30, 2017 and September 30, 2016 (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2017
 
September 30, 2016
 
September 30, 2017
 
September 30, 2016
Operating Revenues from Continuing Operations (1)
 
 
 
 
 
 
 
Television and Entertainment
$
447,307

 
$
460,164

 
$
1,349,401

 
$
1,384,173

Corporate and Other
3,226

 
9,874

 
10,559

 
34,133

Total operating revenues
$
450,533

 
$
470,038

 
$
1,359,960

 
$
1,418,306

Operating (loss) profit from Continuing Operations (1)(2)
 
 
 
 
 
 
 
Television and Entertainment
$
(1,357
)
 
$
46,024

 
$
68,875

 
$
187,975

Corporate and Other
(22,392
)
 
188,146

 
(89,530
)
 
132,393

Total operating (loss) profit
$
(23,749
)
 
$
234,170

 
$
(20,655
)
 
$
320,368

Depreciation from Continuing Operations (3)
 
 
 
 
 
 
 
Television and Entertainment
$
10,844

 
$
11,267

 
$
31,413

 
$
33,392

Corporate and Other
3,419

 
3,497

 
10,348

 
10,281

Total depreciation
$
14,263

 
$
14,764

 
$
41,761

 
$
43,673

Amortization from Continuing Operations (3)
 
 
 
 
 
 
 
Television and Entertainment
$
41,678

 
$
41,668

 
$
125,001

 
$
125,003

Capital Expenditures
 
 
 
 
 
 
 
Television and Entertainment
$
8,140

 
$
16,122

 
$
30,674

 
$
29,558

Corporate and Other
5,184

 
4,757

 
9,171

 
15,783

Discontinued Operations

 
5,545

 
1,578

 
16,514

Total capital expenditures
$
13,324

 
$
26,424

 
$
41,423

 
$
61,855




September 30, 2017
 
December 31, 2016
Assets
 
 
 
Television and Entertainment
$
7,211,563

 
$
7,484,591

Corporate and Other
869,330

 
1,228,526

Assets held for sale (4)
93,188

 
17,176

Discontinued Operations

 
670,758

Total assets
$
8,174,081

 
$
9,401,051

 

(1)
See Note 2 for the disclosures of operating revenues and operating loss included in discontinued operations for the historical periods.
(2)
Operating (loss) profit for each segment excludes income and loss on equity investments, interest and dividend income, interest expense, non-operating items, reorganization costs and income taxes.
(3)
Depreciation and amortization from discontinued operations totaled $4 million and $8 million respectively, for the three months ended September 30, 2016 and $10 million and $23 million, respectively, for the nine months ended September 30, 2016.
(4)
See Note 4 for information regarding assets held for sale.