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SEGMENT DATA
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
SEGMENT DATA
SEGMENT DATA:
 
We measure segment performance based on operating income (loss).  Our broadcast segment, which is our only reportable segment, includes stations in 81 markets located throughout the continental United States. Other primarily consists of original networks and content, digital and internet solutions, technical services and other non-media investments. All of our businesses included in Other 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 and Corporate are not reportable segments but are included for reconciliation purposes. 

We had approximately $233.3 million and $226.2 million of intercompany loans between broadcast, other and corporate as of December 31, 2016 and 2015, respectively.  We had $24.4 million, $23.1 million, and $20.7 million in intercompany interest expense related to intercompany loans between broadcast, other and corporate for the years ended December 31, 2016, 2015 and 2014, respectively. All other intercompany transactions are immaterial.
 
Financial information for our reportable segment is included in the following tables for the years ended December 31, 2016, 2015 and 2014 (in thousands):
 
For the year ended December 31, 2016
 
Broadcast
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
2,530,510

 
$
206,439

 
$

 
$
2,736,949

Depreciation of property and equipment
 
91,573

 
5,772

 
1,184

 
98,529

Amortization of definite-lived intangible assets and other assets
 
155,479

 
28,316

 

 
183,795

Amortization of program contract costs and net realizable value adjustments
 
127,880

 

 

 
127,880

General and administrative overhead expenses
 
67,035

 
2,459

 
4,062

 
73,556

Research and development
 

 
4,085

 

 
4,085

Operating income (loss)
 
639,422

 
(31,258
)
 
(5,311
)
 
602,853

Interest expense
 
5,641

 
6,371

 
199,131

 
211,143

Income from equity and cost method investments
 

 
1,735

 

 
1,735

Goodwill
 
1,933,831

 
56,915

 

 
1,990,746

Assets
 
4,815,633

 
866,845

 
280,690

 
5,963,168

Capital expenditures
 
78,909

 
8,084

 
7,472

 
94,465

 
For the year ended December 31, 2015
 
Broadcast
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
2,118,021

 
$
101,115

 
$

 
$
2,219,136

Depreciation of property and equipment
 
99,616

 
2,753

 
1,064

 
103,433

Amortization of definite-lived intangible assets and other assets
 
152,049

 
9,405

 

 
161,454

Amortization of program contract costs and net realizable value adjustments
 
124,619

 

 

 
124,619

General and administrative overhead expenses
 
55,848

 
2,952

 
5,446

 
64,246

Research and development
 

 
12,436

 

 
12,436

Operating income (loss)
 
451,015

 
(21,800
)
 
(6,479
)
 
422,736

Interest expense
 

 
4,955

 
186,492

 
191,447

Income from equity and cost method investments
 

 
964

 

 
964

Goodwill
 
1,927,705

 
3,388

 

 
1,931,093

Assets
 
4,838,531

 
415,278

 
178,506

 
5,432,315

Capital expenditures
 
74,902

 
8,909

 
7,610

 
91,421

 
For the year ended December 31, 2014
 
Broadcast
 
Other
 
Corporate
 
Consolidated
Revenue
 
$
1,904,776

 
$
71,782

 
$

 
$
1,976,558

Depreciation of property and equipment
 
99,823

 
2,350

 
1,118

 
103,291

Amortization of definite-lived intangible assets and other assets
 
118,654

 
6,842

 

 
125,496

Amortization of program contract costs and net realizable value adjustments
 
106,629

 

 

 
106,629

General and administrative overhead expenses
 
55,837

 
1,315

 
5,343

 
62,495

Research and development
 

 
6,918

 

 
6,918

Operating income (loss)
 
511,783

 
(10,671
)
 
(6,461
)
 
494,651

Interest expense
 

 
4,042

 
170,820

 
174,862

Income from equity and cost method investments
 

 
2,313

 

 
2,313