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

Quarterly report pursuant to Section 13 or 15(d)

GOODWILL

GOODWILL

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 8. GOODWILL

The following table presents the changes in goodwill including acquisitions as discussed in Note 4 of our Condensed Consolidated financial statements.

		Twelve Months Ended			Nine Months Ended
Goodwill		December 31, 2016			September 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 and broadcast businesses						13
Acquisitions of digital media entities			237			810
Acquisitions of publishing entities			845
Impairment charge during year			(32)
Balance, end of period before cumulative loss on impairment			27,642			28,465
Accumulated loss on impairment			(2,029)			(2,029)
Ending period balance		$	25,613		$	26,436