Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT (Tables)

v3.3.1.900
PROPERTY AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Summary of categories of property and equipment
The following is a summary of the categories of our property and equipment:
 
 
 
As of December 31,
 
 
 
2014
 
2015
 
 
 
(Dollars in thousands)
 
Land
 
$
29,424
 
$
31,565
 
Buildings
 
 
24,898
 
 
25,448
 
Office furnishings and equipment
 
 
39,772
 
 
39,040
 
Antennae, towers and transmitting equipment
 
 
78,628
 
 
84,296
 
Studio, production and mobile equipment
 
 
30,202
 
 
30,598
 
Computer software and website development costs
 
 
26,593
 
 
28,134
 
Record and tape libraries
 
 
59
 
 
55
 
Automobiles
 
 
1,205
 
 
1,298
 
Leasehold improvements
 
 
19,634
 
 
20,799
 
Construction-in-progress
 
 
4,307
 
 
6,632
 
 
 
$
254,722
 
$
267,865
 
Less accumulated depreciation
 
 
(155,495)
 
 
(162,382)
 
 
 
$
99,227
 
$
105,483
 
Fair value measurements used to value asset
The table below presents the fair value measurements used to value this asset.
 
 
 
 
 
 
Fair Value Measurements Using:
 
 
 
 
 
 
 
 
 
(Dollars in thousands)
 
 
 
 
Description
 
As of December
31, 2015
 
Quoted prices in
active markets
(Level 1)
 
Significant Other
Observable
Inputs (Level 2)
 
Significant
Unobservable Inputs
(Level 3)
 
Total Gains
(Losses)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-Lived Asset Held for Sale
 
$
1,700
 
 
 
 
 
 
 
$
1,700
 
$
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