Broadcast Licenses, Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Changes to broadcast licenses

We have recorded the changes to broadcast licenses for the years ended December 31, 2018 and 2017 as follows:

	Continuing Operations			Discontinued Operations			Total
	(In thousands)
Balance at January 1, 2017	$	86,622		$	9,607		$	96,229
Acquisitions		8,086			—			8,086
Dispositions		—			(9,607	)		(9,607	)
Impairment charge		(1,449	)		—			(1,449	)
Balance at December 31, 2017	$	93,259		$	—		$	93,259
Acquisitions		1,991			—			1,991
Balance at December 31, 2018	$	95,250		$	—		$	95,250

Key estimates and assumptions used in the impairment test

The following table reflects certain key estimates and assumptions used in the impairment test in the fourth quarter of 2018, 2017 and 2016. The ranges for operating profit margin and market long-term revenue growth rates vary by market. In general, when comparing between 2018, 2017 and 2016: (1) the market specific operating profit margin range remained relatively consistent; (2) the market long-term revenue growth rates were relatively consistent; (3) the discount rate remained relatively consistent; and (4) current year revenues were 3.9% lower than previously projected for 2018.

	Fourth Quarter 2018	Fourth Quarter 2017	Fourth Quarter 2016
Discount rates	12.0% - 12.0%	12.4% - 12.5%	12.3% - 12.4%
Operating profit margin ranges	19.0% - 36.4%	19.0% - 36.4%	19.5% - 36.4%
Market long-term revenue growth rates	0.5% - 2.9%	1.1% - 3.5%	1.0% - 2.9%

Changes to Goodwill

We have recorded the changes to goodwill for each of the years ended December 31, 2018 and 2017 as follows:

	Total
	(in thousands)
Balance at January 1, 2017	$	7,407
Acquisitions		8,151
Balance at December 31, 2017	$	15,558
Acquisitions		3,281
Balance at December 31, 2018	$	18,839

Amortizable intangible assets

We have recorded amortizable intangible assets at December 31, 2018 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	3,861	$	3,861	$	—
Favorable lease agreements		5,965		5,504		461
Customer relationships		4,660		2,634		2,026
Other intangibles		1,943		1,683		260
Total amortizable intangible assets	$	16,429	$	13,682	$	2,747

We have recorded amortizable intangible assets at December 31, 2017 as follows:

	Gross
	Carrying		Accumulated		Net
	Amount		Amortization		Amount
	(In thousands)
Non-competition agreements	$	3,861	$	3,861	$	—
Favorable lease agreements		5,965		5,468		497
Customer relationships		3,546		1,529		2,017
Other intangibles		1,834		1,630		204
Total amortizable intangible assets	$	15,206	$	12,488	$	2,718