Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 27,405	$ 19,443
Receivables:
Trade	28,230	34,415
Barter	233	231
Total Receivables	28,463	34,646
Less allowance for doubtful accounts	1,402	1,431
Net receivables	27,061	33,215
Prepaid expenses and other current assets	6,961	5,318
Total current assets	61,427	57,976
Property and equipment, net of accumulated depreciation of $72,719 in 2016 and $71,590 in 2015	29,605	30,460
FCC broadcasting licenses	323,957	319,356
Goodwill	32,806	32,806
Other intangible assets, net of accumulated amortization of $1,044 in 2016 and $1,020 in 2015	1,504	1,528
Assets held for exchange		2,794
Deferred tax assets	1,727	1,758
Other assets	496	531
Total assets	451,522	447,209
Current liabilities:
Accounts payable and accrued expenses	17,223	16,552
Accrued interest	15,836	7,194
Unearned revenue	818	796
Other liabilities	30	30
Current portion of other long-term debt	4,845	306
10 3/4% Series B cumulative exchangeable redeemable preferred stock outstanding and dividends outstanding, $0.01 par value, liquidation value $1,000 per share. Authorized 280,000 shares: 90,549 shares issued and outstanding at March 31, 2016 and December 31, 2015 and $57,998 and $55,565 of dividends payable as of March 31, 2016 and December 31, 2015, respectively.	148,547	146,114
Total current liabilities	187,299	170,992
Other liabilities, less current portion	3,057	3,007
Derivative instruments	175	220
12.5% senior secured notes due 2017, net of unamortized discount of $2,138 in 2016 and $2,609 in 2015 and net of deferred financing costs of $3,688 in 2016 and $4,535 in 2015	269,174	267,856
Other long-term debt, less current portion		4,616
Deferred income taxes	101,253	99,066
Total liabilities	$ 560,958	$ 545,757
Commitments and contingencies (note 6)
Stockholders’ deficit:
Additional paid-in capital	$ 525,727	$ 525,344
Accumulated other comprehensive loss, net	(175)	(220)
Accumulated deficit	(634,992)	(623,676)
Total stockholders’ deficit	(109,436)	(98,548)
Total liabilities and stockholders’ deficit	451,522	447,209
Series C convertible preferred stock
Stockholders’ deficit:
Series C convertible preferred stock, $0.01 par value and liquidation value. Authorized 600,000 shares; 380,000 shares issued and outstanding at March 31, 2016 and December 31, 2015, respectively	$ 4	$ 4