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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
CURRENT ASSETS:    
Cash and cash equivalents $ 259,984 $ 149,972
Accounts receivable, net of allowance for doubtful accounts of $2,124 and $4,495, respectively 513,954 424,608
Current portion of program contract costs 83,601 91,466
Income taxes receivable 5,500 823
Prepaid expenses and other current assets 36,267 26,903
Deferred barter costs 5,782 7,991
Total current assets 905,088 701,763
PROGRAM CONTRACT COSTS, less current portion 8,919 18,996
PROPERTY AND EQUIPMENT, net 717,576 717,137
RESTRICTED CASH 0 3,725
GOODWILL 1,990,746 1,931,093
INDEFINITE-LIVED INTANGIBLE ASSETS 156,306 132,465
DEFINITE-LIVED INTANGIBLE ASSETS, net 1,944,403 1,751,570
NOTES RECEIVABLE FROM AFFILIATES 19,500 0
OTHER ASSETS 220,630 175,566
Total assets [1] 5,963,168 5,432,315
CURRENT LIABILITIES:    
Accounts payable and accrued liabilities 322,505 251,313
Income taxes payable 23,491 0
Current portion of notes payable, capital leases and commercial bank financing 171,131 164,184
Current portion of notes payable and capital leases payable to affiliates 3,604 3,166
Current portion of program contracts payable 109,702 108,260
Deferred barter revenues 6,040 8,080
Total current liabilities 636,473 535,003
LONG-TERM LIABILITIES:    
Notes payable, capital leases and commercial bank financing, less current portion 4,014,932 3,669,160
Notes payable and capital leases to affiliates, less current portion 14,181 17,850
Program contracts payable, less current portion 53,836 56,921
Deferred tax liabilities 609,317 585,072
Other long-term liabilities 76,493 68,631
Total liabilities [1] 5,405,232 4,932,637
COMMITMENTS AND CONTINGENCIES
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Additional paid-in capital 843,691 962,726
Accumulated deficit (255,804) (437,029)
Accumulated other comprehensive loss (807) (834)
Total Sinclair Broadcast Group shareholders’ equity 587,983 525,810
Noncontrolling interests (30,047) (26,132)
Total equity 557,936 499,678
Total liabilities and equity 5,963,168 5,432,315
Total assets of variable interest entities (in dollars) 142,300 152,400
Total liabilities of variable interest entities (in dollars) 40,900 35,600
Class A Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock 646 688
Class B Common Stock    
SINCLAIR BROADCAST GROUP SHAREHOLDERS’ EQUITY:    
Common Stock $ 257 $ 259
[1] (a) Our consolidated total assets as of December 31, 2016 and 2015 include total assets of variable interest entities (VIEs) of $142.3 million and $152.4 million, respectively, which can only be used to settle the obligations of the VIEs. Our consolidated total liabilities as of December 31, 2016 and 2015 include total liabilities of the VIEs of $40.9 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.