SEGMENT DATA (Tables)

9 Months Ended

Sep. 30, 2018

Segment financial information is included in the following tables for the periods presented (in thousands):



For the three months ended September 30, 2018	Broadcast			Other			Corporate			Consolidated
Revenue	$	678,671		$	87,589		$	—		$	766,260
Depreciation of property and equipment	23,134			1,882			19			25,035
Amortization of definite-lived intangible assets and other assets	39,267			5,333			—			44,600
Amortization of program contract costs and net realizable value adjustments	24,482			—			—			24,482
Corporate general and administrative expenses	31,537			132			2,653			34,322
Gain on asset dispositions, net of impairment	(10,828		)	—			—			(10,828		)
Operating income (loss)	169,773			(9,291		)	(2,672		)	157,810
Interest expense	1,523			200			74,030			75,753
Loss from equity investments	—			24,893			486			25,379
Assets	4,854,780			730,888			1,041,746			6,627,414



For the three months ended September 30, 2017	Broadcast			Other			Corporate			Consolidated
Revenue (a)	$	584,941		$	59,591		$	—		$	644,532
Depreciation of property and equipment	22,344			1,851			247			24,442
Amortization of definite-lived intangible assets and other assets	38,186			5,182			—			43,368
Amortization of program contract costs and net realizable value adjustments	28,047			—			—			28,047
Corporate general and administrative expenses	23,582			224			2,025			25,831
Gain on asset dispositions, net of impairment	(22		)	(12		)	—			(34		)
Operating income (loss)	115,571			(9,852		)	(2,272		)	103,447
Interest expense	1,281			204			50,258			51,743
Loss from equity investments	—			4,362			—			4,362



For the nine months ended September 30, 2018	Broadcast				Other				Corporate			Consolidated
Revenue	$	1,916,844			$	244,912			$	—		$	2,161,756
Depreciation of property and equipment	69,711				5,709				57			75,477
Amortization of definite-lived intangible assets and other assets	115,524				15,798				—			131,322
Amortization of program contract costs and net realizable value adjustments	76,142				—				—			76,142
Corporate general and administrative overhead expenses	79,870				609				8,124			88,603
(Gain) loss on asset dispositions, net of impairment	(96,229		)	(d)	59,629			(c)	(78		)	(36,678		)
Operating income (loss)	486,546			(d)	(81,735		)	(c)	(8,104		)	396,707
Interest expense	4,331				600				232,835			237,766
Loss from equity investments	—				54,876				463			55,339



For the nine months ended September 30, 2017	Broadcast			Other				Corporate			Consolidated
Revenue (a)	$	1,745,777		$	177,925			$	—		$	1,923,702
Depreciation of property and equipment	65,850			5,438				738			72,026
Amortization of definite-lived intangible assets and other assets	114,810			17,489				—			132,299
Amortization of program contract costs and net realizable value adjustments	87,962			—				—			87,962
Corporate general and administrative overhead expenses	65,059			785				5,614			71,458
Gain on asset dispositions, net of impairment	(402		)	(53,129		)	(b)	—			(53,531		)
Operating income (loss)	361,259			25,016			(b)	(6,351		)	379,924
Interest expense	3,976			1,633				154,411			160,020
Loss from equity investments	—			4,221				—			4,221


(a)	Revenue has been adjusted for the adoption of ASC 606. See Note 1. Nature of Operations and Summary of Significant Accounting Policies.


(b)	Includes a gain on the sale of Alarm of $53.0 million, of which $12.3 million was attributable to noncontrolling interests.


(c)	Includes a $59.6 million impairment to the carrying value of a consolidated real estate venture. See Note 2. Acquisitions and Dispositions of Assets.

(d)

Includes a gain of $83.3 million related to the auction proceeds. See Note 2. Acquisitions and Dispositions of Assets.