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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 42,884 $ 35,530
Receivables, net of allowance for doubtful accounts 218,944 189,935
Prepaid lease expenses 74,025 48,815
Other current assets 49,485 39,973
Total current assets 385,338 314,253
Property, plant and equipment 3,331,392 3,294,251
Less accumulated depreciation and amortization (2,154,869) (2,111,536)
Net property, plant and equipment 1,176,523 1,182,715
Goodwill 1,726,444 1,726,358
Intangible assets 615,858 637,153
Other assets 41,914 38,405
Total assets 3,946,077 3,898,884
Current liabilities:    
Trade accounts payable 17,960 17,653
Current maturities of long-term debt, net of deferred financing costs 17,471 33,916
Accrued expenses 110,340 134,433
Deferred income 114,798 91,322
Total current liabilities 260,569 277,324
Long-term debt, net of deferred financing costs 2,374,383 2,315,267
Deferred income tax liabilities 210 279
Asset retirement obligation 211,493 210,889
Other liabilities 28,317 25,597
Total liabilities 2,874,972 2,829,356
Stockholders’ equity:    
Additional paid-in capital 1,751,519 1,713,312
Accumulated comprehensive income 264 (624)
Accumulated deficit (659,476) (630,955)
Cost of shares held in treasury, 331,284 and 216,088 shares at 2017 and 2016, respectively (21,300) (12,303)
Stockholders’ equity 1,071,105 1,069,528
Total liabilities and stockholders’ equity 3,946,077 3,898,884
LAMAR MEDIA CORP. AND SUBSIDIARIES [Member]    
Current assets:    
Cash and cash equivalents 42,384 35,030
Receivables, net of allowance for doubtful accounts 218,944 189,935
Prepaid lease expenses 74,025 48,815
Other current assets 49,485 39,973
Total current assets 384,838 313,753
Property, plant and equipment 3,331,392 3,294,251
Less accumulated depreciation and amortization (2,154,869) (2,111,536)
Net property, plant and equipment 1,176,523 1,182,715
Goodwill 1,716,293 1,716,207
Intangible assets 615,390 636,685
Other assets 36,629 33,120
Total assets 3,929,673 3,882,480
Current liabilities:    
Trade accounts payable 17,960 17,653
Current maturities of long-term debt, net of deferred financing costs 17,471 33,916
Accrued expenses 106,705 131,171
Deferred income 114,798 91,322
Total current liabilities 256,934 274,062
Long-term debt, net of deferred financing costs 2,374,383 2,315,267
Deferred income tax liabilities 210 279
Asset retirement obligation 211,493 210,889
Other liabilities 28,317 25,597
Total liabilities 2,871,337 2,826,094
Stockholders’ equity:    
Additional paid-in capital 2,821,960 2,783,753
Accumulated comprehensive income 264 (624)
Accumulated deficit (1,763,888) (1,726,743)
Stockholders’ equity 1,058,336 1,056,386
Total liabilities and stockholders’ equity 3,929,673 3,882,480
Series AA Preferred Stock [Member]    
Stockholders’ equity:    
Preferred stock, value
Common Class A [Member]    
Stockholders’ equity:    
Common stock, value 84 83
Common Class B [Member]    
Stockholders’ equity:    
Common stock, value $ 14 $ 15