SEGMENT DATA

We measure segment performance based on operating income (loss). Our broadcast segment includes stations in 79 markets located throughout the continental United States. Our other operating divisions primarily consist of sign design and fabrication; regional security alarm operating and bulk acquisitions; manufacturing and service of broadcast antennas; service of broadcast transmitters; real estate ventures; and other private equity investments. All of our other operating divisions are located within the United States. Corporate costs primarily include our costs to operate as a public company and to operate our corporate headquarters location. Other Operating Divisions and Corporate are not reportable segments but are included for reconciliation purposes. We had approximately $225.9 million and $172.2 million of intercompany loans between the broadcast segment, other operating divisions and corporate as of June 30, 2015 and 2014, respectively. We had $5.6 million and $5.1 million in intercompany interest expense related to intercompany loans between the broadcast segment, other operating divisions and corporate for the three months ended June 30, 2015 and 2014, respectively. We had $10.8 million and $10.0 million in intercompany interest expense for the six months ended June 30, 2015 and 2014, respectively. All other intercompany transactions are immaterial.

Segment financial information is included in the following tables for the periods presented (in thousands):



For the three months ended June 30, 2015	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	532,711	$	21,456	$	—		$	554,167
Depreciation of property and equipment	24,341		653		279			25,273
Amortization of definite-lived intangible assets and other assets	37,232		2,213		—			39,445
Amortization of program contract costs and net realizable value adjustments	29,782		—		—			29,782
General and administrative overhead expenses	11,303		1,265		1,586			14,154
Operating income (loss)	119,801		642		(6,103		)	114,340
Interest expense	—		1,161		46,503			47,664
Income from equity and cost method investments	—		2,007		—			2,007
Assets	4,845,685		379,867		155,429			5,380,981



For the three months ended June 30, 2014	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	437,487	$	17,649	$	—		$	455,136
Depreciation of property and equipment	24,422		563		267			25,252
Amortization of definite-lived intangible assets and other assets	23,351		1,638		—			24,989
Amortization of program contract costs and net realizable value adjustments	23,574		—		—			23,574
General and administrative overhead expenses	14,253		416		1,151			15,820
Operating income (loss)	105,460		580		(3,001		)	103,039
Interest expense	—		1,031		39,090			40,121
Income from equity and cost method investments	—		742		—			742



For the six months ended June 30, 2015	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	1,017,833	$	41,109	$	—		$	1,058,942
Depreciation of property and equipment	48,525		1,379		558			50,462
Amortization of definite-lived intangible assets and other assets	75,123		4,302		—			79,425
Amortization of program contract costs and net realizable value adjustments	60,173		—		—			60,173
General and administrative overhead expenses	26,208		1,524		2,438			30,170
Operating income (loss)	207,249		1,386		(9,748		)	198,887
Interest expense	—		2,236		92,076			94,312
Income from equity and cost method investments	—		5,153		—			5,153
Assets	4,845,685		379,867		155,429			5,380,981



For the six months ended June 30, 2014	Broadcast		Other Operating Divisions		Corporate			Consolidated
Revenue	$	835,393	$	32,391	$	—		$	867,784
Depreciation of property and equipment	47,939		1,157		534			49,630
Amortization of definite-lived intangible assets and other assets	46,514		3,203		—			49,717
Amortization of program contract costs and net realizable value adjustments	47,515		—		—			47,515
General and administrative overhead expenses	28,982		668		2,005			31,655
Operating income (loss)	187,580		581		(4,122		)	184,039
Interest expense	—		1,950		77,709			79,659
Income from equity and cost method investments	—		840		—			840