MEMBER'S DEFICIT AND COMPREHENSIVE LOSS (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2014

Dec. 31, 2013

Schedule Of Changes In Member's Deficit and Other Comprehensive Loss

The following table shows the changes in member’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 income (loss)		(725,672)		13,679		(711,993)
Dividends and other payments to noncontrolling interests		-		(32,581)		(32,581)
Foreign currency translation adjustments		(62,754)		(14,758)		(77,512)
Unrealized holding gain on marketable securities		533		72		605
Unrealized holding gain on cash flow derivatives		-		-		-
Other adjustments to comprehensive loss		-		-		-
Other, net		1,488		7,108		8,596
Reclassifications		3,309		-		3,309
Balances at September 30, 2014	$	(9,725,262)	$	219,051	$	(9,506,211)
Balances at January 1, 2013	$	(8,299,188)	$	303,997	$	(7,995,191)
Net income (loss)		(297,656)		16,372		(281,284)
Dividends and other payments to noncontrolling interests		-		(58,942)		(58,942)
Foreign currency translation adjustments		(26,374)		(2,152)		(28,526)
Unrealized holding gain on marketable securities		15,594		25		15,619
Unrealized holding gain on cash flow derivatives		48,180		-		48,180
Other adjustments to comprehensive loss		(884)		(114)		(998)
Other, net		6,271		7,872		14,143
Reclassifications		(83,585)		(168)		(83,753)
Balances at September 30, 2013	$	(8,637,642)	$	266,890	$	(8,370,752)

The following table shows the changes in member’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, 2013	$	(8,299,188)	$	303,997	$	(7,995,191)
Net income (loss)		(606,883)		23,366		(583,517)
Dividends and other payments to noncontrolling interests		-		(91,887)		(91,887)
Foreign currency translation adjustments		(29,755)		(3,246)		(33,001)
Unrealized holding gain on marketable securities		16,439		137		16,576
Unrealized holding gain on cash flow derivatives		48,180		-		48,180
Other adjustments to comprehensive loss		5,932		800		6,732
Other, net		6,694		12,531		19,225
Reclassifications		(83,585)		(167)		(83,752)
Balances at December 31, 2013	$	(8,942,166)	$	245,531	$	(8,696,635)

(In thousands)	The Company		Noncontrolling     Interests		Consolidated
Balances at January 1, 2012	$	(7,993,736)	$	521,794	$	(7,471,942)
Net income (loss)		(424,479)		13,289		(411,190)
Dividends and other payments to noncontrolling interests		-		(251,666)		(251,666)
Foreign currency translation adjustments		34,433		5,809		40,242
Unrealized holding gain (loss) on marketable securities		23,396		(293)		23,103
Unrealized holding gain on cash flow derivatives		52,112		-		52,112
Other adjustments to comprehensive loss		1,006		129		1,135
Other, net		6,268		14,702		20,970
Reclassifications		1,812		233		2,045
Balances at December 31, 2012	$	(8,299,188)	$	303,997	$	(7,995,191)

Schedule of Stock Options and Valuation Assumptions

The following assumptions were used to calculate the fair value of the options granted during the years ended December 31, 2012 and 2011:

	Years Ended December 31,
	2013(1)	2012	2011
Expected volatility	N/A	71% – 77%	67%
Expected life in years	N/A	6.3 – 6.5	6.3 – 6.5
Risk-free interest rate	N/A	0.97% – 1.55%	1.22% – 2.37%
Dividend yield	N/A	0%	0%

⁽¹⁾ No options were granted in 2013

The risk free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant for periods equal to the expected life of the option. The following assumptions were used to calculate the fair value of CCOH’s options on the date of grant:

	Years Ended December 31,
	2013	2012	2011
Expected volatility	55% – 56%	54% – 56%	57%
Expected life in years	6.3	6.3	6.3
Risk-free interest rate	1.05% – 2.19%	0.92% – 1.48%	1.26% – 2.75%
Dividend yield	0%	0%	0%

Schedule of Stock Options Vested and Expected to Vest Outstanding

The following table presents a summary of Parent’s stock options outstanding at and stock option activity during the year ended December 31, 2013 (“Price” reflects the weighted average exercise price per share):

(In thousands, except per share data)	Options		Price		Weighted Average Remaining   Contractual   Term	Aggregate   Intrinsic Value
Outstanding, January 1, 2013		2,792	$	30.82
Granted (1)		-		-
Exercised		-		-
Forfeited		(63)		10.00
Expired		(220)		10.63
Outstanding, December 31, 2013 (2)		2,509		33.11	5.5 years		-
Exercisable		1,423		32.03	4.9 years		-
Expected to Vest		1,062		35.08	6.2 years		-

⁽¹⁾  The weighted average grant date fair value of options granted during the years ended December 31, 2012, and 2011 was $2.68 and $2.69 per share, respectively. No options were granted during the year ended December 31, 2013.

⁽²⁾  Non-cash compensation expense has not been recorded with respect to 0.6 million shares as the vesting of these options is subject to performance conditions that have not yet been determined probable to meet.

The following table presents a summary of CCOH’s stock options outstanding at and stock option activity during the year ended December 31, 2013 (“Price” reflects the weighted average exercise price per share):

(In thousands, except per share data)

	Options		Price		Weighted     Average     Remaining     Contractual      Term		Aggregate     Intrinsic     Value
Outstanding, January 1, 2013		8,381	$	9.22
Granted (1)		517		7.78
Exercised (2)		(1,088)		3.89
Forfeited		(226)		7.11
Expired		(675)		13.58
Outstanding, December 31, 2013		6,909		9.60		5.9 years		$15,545
Exercisable		4,264		10.90		4.7 years		$8,581
Expected to vest		2,514		7.49		7.9 years		$6,660

⁽¹⁾  The weighted average grant date fair value of CCOH options granted during the years ended December 31, 2013, 2012 and 2011 was $4.10, $4.43 and $8.30 per share, respectively.

⁽²⁾  Cash received from option exercises during the years ended December 31, 2013, 2012 and 2011 was $4.2 million, $6.4 million and $1.4 million, respectively. The total intrinsic value of the options exercised during the years ended December 31, 2013, 2012 and 2011 was $5.0 million, $7.9 million and $1.5 million, respectively.

Schedule of Unvested Stock Options Activity

A summary of Parent’s unvested options and changes during the year ended December 31, 2013 is presented below:

(In thousands, except per share data)	Options		Weighted Average Grant Date Fair Value
Unvested, January 1, 2013		1,588	$	11.38
Granted		-		-
Vested (1)		(439)		14.40
Forfeited		(63)		4.68
Unvested, December 31, 2013		1,086		10.74

⁽¹⁾  The total fair value of the options vested during the years ended December 31, 2013, 2012 and 2011 was $6.3 million, $3.9 million and $3.8 million, respectively.

A summary of CCOH’s unvested options at and changes during the year ended December 31, 2013 is presented below:

(In thousands, except per share data)

	Options		Weighted Average Grant Date Fair Value
Unvested, January 1, 2013		3,833	$	5.19
Granted		517		4.10
Vested (1)		(1,479)		4.80
Forfeited		(226)		5.21
Unvested, December 31, 2013		2,645		5.21

⁽¹⁾  The total fair value of CCOH options vested during the years ended December 31, 2013, 2012 and 2011 was $7.1 million, $11.5 million and $8.2 million, respectively.

Schedule of Restricted Stock and Restricted Stock Units Activity

The following table presents a summary of Parent’s restricted stock outstanding and restricted stock activity as of and during the year ended December 31, 2013 (“Price” reflects the weighted average share price at the date of grant):

(In thousands, except per share data)	Awards		Price
Outstanding, January 1, 2013		2,607	$	5.69
Granted		1,956		3.86
Vested (restriction lapsed)		(543)		16.44
Forfeited		(101)		2.95
Outstanding, December 31, 2013		3,919		3.35

The following table presents a summary of CCOH’s restricted stock and restricted stock units outstanding at and activity during the year ended December 31, 2013 (“Price” reflects the weighted average share price at the date of grant):

(In thousands, except per share data)	Awards		Price
Outstanding, January 1, 2013		1,085	$	6.26
Granted		1,105		7.51
Vested (restriction lapsed)		(15)		6.61
Forfeited		(283)		7.15
Outstanding, December 31, 2013		1,892		6.83