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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
CURRENT ASSETS:    
Cash and cash equivalents $ 119,389 $ 17,682
Accounts receivable, net of allowance for doubtful accounts of $4,575 and $4,246, respectively 387,110 383,503
Current portion of program contract costs 120,598 88,198
Income taxes receivable 0 3,314
Prepaid expenses and other current assets 35,951 27,842
Deferred barter costs 9,201 5,626
Total current assets 672,249 526,165
PROGRAM CONTRACT COSTS, less current portion 23,533 38,531
PROPERTY AND EQUIPMENT, net 746,662 752,538
GOODWILL 1,951,428 1,964,553
BROADCAST LICENSES 133,174 135,075
DEFINITE-LIVED INTANGIBLE ASSETS, net 1,763,693 1,818,263
OTHER ASSETS 189,708 175,203
Total assets [1] 5,480,447 5,410,328
CURRENT LIABILITIES:    
Accounts payable 6,683 12,248
Accrued liabilities 265,787 248,600
Income taxes payable 3,295 0
Current portion of notes payable, capital leases and commercial bank financing 67,222 113,116
Current portion of notes and capital leases payable to affiliates 3,036 2,625
Current portion of program contracts payable 130,337 104,922
Deferred barter revenues 8,871 5,806
Deferred tax liabilities 6,689 6,689
Total current liabilities 491,920 494,006
LONG-TERM LIABILITIES:    
Notes payable, capital leases and commercial bank financing, less current portion 3,804,877 3,754,822
Notes payable and capital leases to affiliates, less current portion 15,870 16,309
Program contracts payable, less current portion 60,313 60,605
Deferred tax liabilities 583,613 602,243
Other long-term liabilities 72,593 77,000
Total liabilities $ 5,029,186 $ 5,004,985
COMMITMENTS AND CONTINGENCIES
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Additional paid-in capital $ 961,709 $ 979,202
Accumulated deficit (479,600) (545,820)
Accumulated other comprehensive loss (6,277) (6,455)
Total Sinclair Broadcast Group shareholders’ equity 476,779 427,882
Noncontrolling interests (25,518) (22,539)
Total equity 451,261 405,343
Total liabilities and equity 5,480,447 5,410,328
Class A Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock 688 696
Class B Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock $ 259 $ 259
[1] Our consolidated total assets as of September 30, 2015 and December 31, 2014 include total assets of variable interest entities (VIEs) of $162.3 million and $163.3 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of September 30, 2015 and December 31, 2014 include total liabilities of the VIEs of $39.6 million and $30.0 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 1. Summary of Significant Accounting Policies.