Quarterly report pursuant to Section 13 or 15(d)

Goodwill (Tables)

v3.21.2
Goodwill (Tables)
9 Months Ended
Sep. 30, 2021
Schedule of Changes in Goodwill
The following table presents the changes in goodwill including business acquisitions and dispositions as discussed in Note 3 of our Condensed Consolidated Financial Statements.
 
Goodwill
   Twelve Months Ended
December 31, 2020
    
Nine Months Ended
September 30, 2021
 
               
    
(Dollars in thousands)
 
Balance, beginning of period before cumulative loss
on
 
impairment,
   $ 28,454     
$
28,520
 
Accumulated loss on impairment
     (4,456   
 
(4,763
    
 
 
    
 
 
 
Balance, beginning of period after cumulative loss on
impairment
     23,998     
 
23,757
 
    
 
 
    
 
 
 
Acquisitions of radio stations
     66     
 
4
 
Acquisitions of digital media entities
     —       
 
225
 
Impairments based on the estimated fair value
goodwill
     (307   
 
—  
 
    
 
 
    
 
 
 
Ending period balance
   $ 23,757     
$
23,986
 
    
 
 
    
 
 
 
Balance, end of period before cumulative loss on
impairment
     28,520     
 
28,749
 
Accumulated loss on impairment
     (4,763   
 
(4,763
    
 
 
    
 
 
 
Ending period balance
   $ 23,757     
$
23,986