Salem Media Group, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

GOODWILL

GOODWILL

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 8. GOODWILL

The following table presents the changes in goodwill including acquisitions of multiple radio stations, digital entities and Mill City Press Media within our publishing segment.

		Twelve Months Ended			Six Months Ended
Goodwill		December 31, 2016			June 30, 2017
		(Dollars in thousands)
Balance, beginning of period before cumulative loss on impairment		$	26,560		$	27,642
Accumulated loss on impairment			(1,997)			(2,029)
Balance, beginning of period after cumulative loss on impairment			24,563			25,613
Acquisitions of radio stations
Acquisitions of digital media entities			237			15
Acquisitions of publishing entities			845
Impairment charge during year			(32)
Balance, end of period before cumulative loss on impairment			27,642			27,657
Accumulated loss on impairment			(2,029)			(2,029)
Ending period balance		$	25,613		$	25,628