PROPERTY AND EQUIPMENT (Tables)

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Schedule of estimated useful lives

Depreciation is generally computed under the straight-line method over the following estimated useful lives:

Buildings and improvements	10 - 30 years
Station equipment	5 - 10 years
Office furniture and equipment	5 - 10 years
Leasehold improvements	Lesser of 10 - 30 years or lease term
Automotive equipment	3 - 5 years
Property and equipment under capital leases	Lease term

Schedule of property and equipment stated at cost less accumulated depreciation

Property and equipment consisted of the following as of December 31, 2015 and 2014 (in thousands):

	2015			2014
Land and improvements	$	60,678		$	55,269
Real estate held for development and sale	91,106			113,514
Buildings and improvements	210,597			192,478
Station equipment	667,454			684,176
Office furniture and equipment	85,411			70,402
Leasehold improvements	22,693			19,091
Automotive equipment	47,402			37,726
Capital leased assets	84,474			81,625
Construction in progress	34,666			18,774
	1,304,481			1,273,055
Less: accumulated depreciation	(587,344		)	(520,517		)
	$	717,137		$	752,538