XML 43 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholder's Deficit And Comprehensive Loss
3 Months Ended
Mar. 31, 2014
Stockholder's Deficit And Comprehensive Loss [Abstract]  
Equity And Comprehensive Loss

 

NOTE 8 – STOCKHOLDER'S DEFICIT AND COMPREHENSIVE LOSS

The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company's equity. The following table shows the changes in stockholder's deficit attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total ownership interest:

(In thousands)The Company Noncontrolling Interests Consolidated
Balances at January 1, 2014$(8,942,166) $ 245,531 $(8,696,635)
 Net loss  (424,190)   (8,200)  (432,390)
 Foreign currency translation adjustments  875   (3,092)  (2,217)
 Unrealized holding gain on marketable securities  955   129  1,084
 Other adjustments to comprehensive loss  3,309   -  3,309
 Other, net  430   (1,533)  (1,103)
Balances at March 31, 2014$(9,360,787) $232,835 $(9,127,952)
          
Balances at January 1, 2013$(8,299,188) $ 303,997 $(7,995,191)
 Net loss  (203,003)   (6,116)  (209,119)
 Foreign currency translation adjustments  (20,306)   (3,107)  (23,413)
 Unrealized holding gain on marketable securities  4,438   (3)  4,435
 Unrealized holding gain on cash flow derivatives  14,823   -  14,823
 Other adjustments to comprehensive loss  (885)   (113)  (998)
 Other, net  1,291   (1,531)  (240)
Balances at March 31, 2013$(8,502,830) $293,127 $(8,209,703)

The Company does not have any compensation plans under which it grants awards to employees. CCMH and Clear Channel Outdoor Holdings, Inc. have granted options to purchase shares of their Class A common stock to certain key individuals, as well as restricted stock and restricted stock units.