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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 104,545 $ 149,972
Accounts receivable, net of allowance for doubtful accounts of $2,838 and $4,495, respectively 519,662 424,608
Current portion of program contract costs 110,228 91,466
Income taxes receivable 9,234 823
Prepaid expenses and other current assets 37,909 26,903
Deferred barter costs 8,512 7,991
Total current assets 790,090 701,763
PROGRAM CONTRACT COSTS, less current portion 12,245 18,996
PROPERTY AND EQUIPMENT, net 713,088 717,137
RESTRICTED CASH 0 3,725
GOODWILL 1,989,578 1,931,093
INDEFINITE-LIVED INTANGIBLE ASSETS 153,125 132,465
DEFINITE-LIVED INTANGIBLE ASSETS, net 1,983,326 1,751,570
OTHER ASSETS 224,736 175,566
Total assets [1] 5,866,188 5,432,315
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 291,213 251,313
Current portion of notes payable, capital leases and commercial bank financing 165,238 164,184
Current portion of notes and capital leases payable to affiliates 3,599 3,166
Current portion of program contracts payable 131,553 108,260
Deferred barter revenues 8,142 8,080
Total current liabilities 599,745 535,003
LONG-TERM LIABILITIES:    
Notes payable, capital leases and commercial bank financing, less current portion 4,022,437 3,669,160
Notes payable and capital leases to affiliates, less current portion 15,036 17,850
Program contracts payable, less current portion 57,724 56,921
Deferred tax liabilities 612,961 585,072
Other long-term liabilities 71,619 68,631
Total liabilities [1] 5,379,522 4,932,637
COMMITMENTS AND CONTINGENCIES (See Note 4)
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 876,895 962,726
Accumulated deficit (360,459) (437,029)
Accumulated other comprehensive loss (834) (834)
Total Sinclair Broadcast Group shareholders’ equity 516,516 525,810
Noncontrolling interests (29,850) (26,132)
Total equity 486,666 499,678
Total liabilities and equity 5,866,188 5,432,315
Assets of variable interest entities 151,100 152,400
Liabilities of variable interest entities 41,100 35,600
Class A Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock 655 688
Class B Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock $ 259 $ 259
[1] Our consolidated total assets as of September 30, 2016 and December 31, 2015 include total assets of variable interest entities (VIEs) of $151.1 million and $152.4 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of September 30, 2016 and December 31, 2015 include total liabilities of the VIEs of $41.1 million and $35.6 million, respectively, for which the creditors of the VIEs have no recourse to us. See Note 1. Nature of Operations and Summary of Significant Accounting Policies.