Quarterly report pursuant to Section 13 or 15(d)

Broadcast Licenses (Tables)

v3.23.1
Broadcast Licenses (Tables)
 3 Months Ended
Mar. 31, 2023
Indefinite-lived Intangible Assets [Line Items]  
Schedule of Changes in Broadcasting Licenses
The following table presents the changes in broadcasting licenses that include acquisitions and divestitures of radio stations and FM translators.
 
Broadcast Licenses
    Twelve Months Ended
December 31, 2022		     
Three Months Ended

March 31, 2023
  
               
    
(Dollars in thousands)
  
Balance before cumulative loss on impairment, beginning of period
    $ 434,444     
$
429,890
 
Accumulated loss on impairment, beginning of period
      (114,436 )      
(126,116
)
 
    
 
 
     
 
 
  
Balance after cumulative loss on impairment, beginning of period
      320,008       
303,774
  
    
 
 
     
 
 
  
Acquisitions of radio station and FM Translators
      514       
3,542
  
Disposition of radio stations and FM translators
      (2,763 )       —    
Loss on impairment
      (13,985 )      
(2,124
)
 
    
 
 
     
 
 
  
Balance, end of period after cumulative loss on impairment
    $ 303,774     
$
305,192
 
    
 
 
     
 
 
  
Balance, end of period before cumulative loss on impairment
    $ 429,890     
$
433,432
 
Accumulated loss on impairment, end of period
      (126,116 )      
(128,240
)
 
    
 
 
     
 
 
  
Balance, end of period after cumulative loss on impairment
    $ 303,774     
$
305,192