XML 27 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2016 and December 31, 2015, respectively:
(In thousands)
September 30,
2016
 
December 31,
2015
Land, buildings and improvements
$
595,511

 
$
603,234

Structures
2,755,221

 
2,824,794

Towers, transmitters and studio equipment
349,260

 
347,877

Furniture and other equipment
618,302

 
591,149

Construction in progress
95,684

 
69,042

 
4,413,978

 
4,436,096

Less: accumulated depreciation
2,375,124

 
2,223,540

Property, plant and equipment, net
$
2,038,854

 
$
2,212,556

Schedule Of Other Intangible Assets
The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of September 30, 2016 and December 31, 2015, respectively:
(In thousands)
September 30, 2016
 
December 31, 2015
 
Gross Carrying Amount
 
Accumulated Amortization
 
Gross Carrying Amount
 
Accumulated Amortization
Transit, street furniture and other outdoor
contractual rights
$
589,703

 
$
(438,087
)
 
$
635,772

 
$
(457,060
)
Customer / advertiser relationships
1,222,518

 
(982,173
)
 
1,222,518

 
(891,488
)
Talent contracts
319,384

 
(273,946
)
 
319,384

 
(252,526
)
Representation contracts
253,719

 
(226,539
)
 
239,142

 
(217,770
)
Permanent easements
157,347

 

 
156,349

 

Other
389,893

 
(213,077
)
 
394,983

 
(195,644
)
Total
$
2,932,564

 
$
(2,133,822
)
 
$
2,968,148

 
$
(2,014,488
)
Schedule Of Future Amortization Expenses
The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets:
(In thousands)
 
2017
$
200,177

2018
130,076

2019
47,061

2020
39,208

2021
33,805

Schedule Of Changes In Carrying Amount Of Goodwill
The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments:
(In thousands)
iHM
 
Americas Outdoor Advertising
 
International Outdoor Advertising
 
Other
 
Consolidated
Balance as of December 31, 2014
$
3,288,481

 
$
584,574

 
$
232,538

 
$
81,831

 
$
4,187,424

Acquisitions

 

 
10,998

 

 
10,998

Foreign currency

 
(709
)
 
(19,644
)
 

 
(20,353
)
Assets held for sale

 
(49,182
)
 

 

 
(49,182
)
Balance as of December 31, 2015
$
3,288,481

 
$
534,683

 
$
223,892

 
$
81,831

 
$
4,128,887

Impairment

 

 
(7,274
)
 

 
(7,274
)
Dispositions

 
(6,934
)
 

 

 
(6,934
)
Foreign currency

 
(1,805
)
 
6,413

 

 
4,608

Assets held for sale

 
(10,337
)
 

 

 
(10,337
)
Balance as of September 30, 2016
$
3,288,481

 
$
515,607

 
$
223,031

 
$
81,831

 
$
4,108,950