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Business Segments (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table summarizes business segment financial data for the fiscal years ended December 31, 2017, December 31, 2016 and December 31, 2015 (in thousands):
 
2017
 
2016
 
2015
Operating Revenues from Continuing Operations (1)
 
 
 
 
 
Television and Entertainment
$
1,835,423

 
$
1,909,896

 
$
1,752,542

Corporate and Other
13,536

 
38,034

 
49,425

Total operating revenues
$
1,848,959

 
$
1,947,930

 
$
1,801,967

Operating Profit (Loss) from Continuing Operations (1)
 
 
 
 
 
Television and Entertainment
$
196,100

 
$
324,837

 
$
(175,140
)
Corporate and Other
(87,632
)
 
108,737

 
(94,195
)
Total operating profit (loss)
$
108,468

 
$
433,574

 
$
(269,335
)
Depreciation from Continuing Operations (2)
 
 
 
 
 
Television and Entertainment
$
42,713

 
$
45,083

 
$
48,437

Corporate and Other
13,601

 
13,742

 
16,117

Total depreciation
$
56,314

 
$
58,825

 
$
64,554

Amortization from Continuing Operations (2)
 
 
 
 
 
Television and Entertainment
$
166,679

 
$
166,664

 
$
166,404

Total amortization
$
166,679

 
$
166,664

 
$
166,404

Capital Expenditures
 
 
 
 
 
Television and Entertainment
$
48,667

 
$
59,167

 
$
33,173

Corporate and Other
16,587

 
16,944

 
32,285

Discontinued Operations
1,578

 
23,548

 
23,626

Total capital expenditures
$
66,832

 
$
99,659

 
$
89,084

Assets
 
 
 
 
 
Television and Entertainment
$
7,197,859

 
$
7,484,591

 
 
Corporate and Other (3)
932,569

 
1,228,526

 
 
Assets held for sale (4)
38,900

 
17,176

 
 
Discontinued Operations (4)

 
670,758

 
 
Total assets
$
8,169,328

 
$
9,401,051

 


 
(1)
See Note 2 for the disclosures of operating revenues and operating (loss) profit included in discontinued operations for the historical periods.
(2)
Depreciation from discontinued operations totaled $14 million and $10 million for the years ended December 31, 2016 and December 31, 2015. Amortization from discontinued operations totaled $30 million and $29 million for the years ended December 31, 2016 and December 31, 2015.
(3)
As of December 31, 2017 and December 31, 2016, Corporate total assets included $18 million related to restricted cash held to satisfy remaining claim obligations to holders of priority claims and fees earned by professional advisors during Chapter 11 proceedings (see Note 3). Corporate and Other assets include certain real estate assets (see Note 2) as well as the Company’s equity investment in CareerBuilder.
(4)
See Note 2 for information regarding discontinued operations and Note 6 for information regarding assets held for sale.