10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001144204-17-057180`
Period End Date	20170930
Filing Date	20171108
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	salm-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 125 Cash Flow Statement 129

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.63M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.42M	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$260.00K	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$145.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$2.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $10,420 in 2016 and $10,627 in 2017)	`AccountsReceivableNetCurrent`	$37.26M	USD	Point-in-time
Trade accounts receivable (net of allowances of $10,420 in 2016 and $10,627 in 2017)	`AccountsReceivableNetCurrent`	$35.86M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$564.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$794.00K	USD	Point-in-time
Other receivables (net of allowances of $260 in 2016 and $145 in 2017 )	`OtherReceivablesNetCurrent`	$990.00K	USD	Point-in-time
Other receivables (net of allowances of $260 in 2016 and $145 in 2017 )	`OtherReceivablesNetCurrent`	$751.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$156.02M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$161.85M	USD	Point-in-time
Inventories (net of reserves of $2,226 in 2016 and $1,611 in 2017)	`InventoryNet`	$809.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$46.01M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$44.49M	USD	Point-in-time
Inventories (net of reserves of $2,226 in 2016 and $1,611 in 2017)	`InventoryNet`	$670.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.29M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.29M	USD	Point-in-time
Deferred income taxes - current	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Deferred income taxes - current	`DeferredTaxAssetsNetCurrent`	$9.41M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$54.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$44.95M	USD	Point-in-time
Notes receivable (net of allowance of $564 in 2016 and $794 in 2017)	`NotesAndLoansReceivableNetNoncurrent`	$92.00K	USD	Point-in-time
Notes receivable (net of allowance of $564 in 2016 and $794 in 2017)	`NotesAndLoansReceivableNetNoncurrent`	$65.00K	USD	Point-in-time
Land held for sale	`LandAvailableForSale`	$1.00M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Land held for sale	`LandAvailableForSale`	$1.00M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $156,024 in 2016 and $161,848 in 2017)	`PropertyPlantAndEquipmentNet`	$102.79M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $156,024 in 2016 and $161,848 in 2017)	`PropertyPlantAndEquipmentNet`	$102.20M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$393.03M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$388.72M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$388.52M	USD	Point-in-time
Goodwill	`Goodwill`	$26.44M	USD	Point-in-time
Goodwill	`Goodwill`	$25.61M	USD	Point-in-time
Goodwill	`Goodwill`	$24.56M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$313.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$332.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $44,488 in 2016 and $46,007 in 2017)	`FiniteLivedIntangibleAssetsNet`	$14.41M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $44,488 in 2016 and $46,007 in 2017)	`FiniteLivedIntangibleAssetsNet`	$14.28M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$549.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$82.00K	USD	Point-in-time
Deferred income taxes - non-current	`DeferredTaxAssetsNetNoncurrent`	$1.88M	USD	Point-in-time
Deferred income taxes - non-current	`DeferredTaxAssetsNetNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.95M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.21M	USD	Point-in-time
Total assets	`Assets`	$590.27M	USD	Point-in-time
Total assets	`Assets`	$583.62M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.72M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.43M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$15.66M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$9.87M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$8.13M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$77.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$6.48M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$9.49M	USD	Point-in-time
Current portion of deferred revenue	`DeferredRevenueCurrent`	$10.84M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$223.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$174.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$590.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$6.74M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$50.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$39.14M	USD	Point-in-time
Long-term debt and capital lease obligations less unamortized debt issuance costs, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$249.38M	USD	Point-in-time
Long-term debt and capital lease obligations less unamortized debt issuance costs, net of current portion	`LongTermDebtAndCapitalLeaseObligations`	$261.08M	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	$514.00K	USD	Point-in-time
Fair value of interest rate swap	`DerivativeAssetFairValueGrossLiability`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$54.64M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$60.77M	USD	Point-in-time
Deferred rent expense	`DeferredRentCredit`	$9.63M	USD	Point-in-time
Deferred rent expense	`DeferredRentCredit`	$9.60M	USD	Point-in-time
Deferred revenue less current portion	`DeferredRevenueNoncurrent`	$6.43M	USD	Point-in-time
Deferred revenue less current portion	`DeferredRevenueNoncurrent`	$5.25M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$376.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$370.39M	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 18)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$245.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$243.61M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$3.96M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$1.16M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2016 and September 30, 2017)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2016 and September 30, 2017)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$213.24M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$213.85M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$583.62M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$590.27M	USD	Point-in-time

Income Statement 125 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$149.77M	USD	3 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$51.05M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$48.42M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$145.48M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$10.45M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$34.06M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$32.00M	USD	3 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$12.00M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$8.22M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$19.05M	USD	3 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$6.56M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$19.80M	USD	3 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$37.04M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$37.43M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$108.81M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$71.27M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$109.45M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$196.53M	USD	3 Qtrs
Total net revenue	`SalesRevenueNet`	$65.43M	USD	1 Quarter
Total net revenue	`SalesRevenueNet`	$203.63M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.23M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.15M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$13.18M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.93M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $412 and $431 for the three months ended September 30, 2016 and 2017, respectively, and $1,231 and $1,284 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`BroadcastExpensesNet`	$37.04M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $412 and $431 for the three months ended September 30, 2016 and 2017, respectively, and $1,231 and $1,284 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`BroadcastExpensesNet`	$37.43M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $412 and $431 for the three months ended September 30, 2016 and 2017, respectively, and $1,231 and $1,284 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`BroadcastExpensesNet`	$108.81M	USD	3 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $412 and $431 for the three months ended September 30, 2016 and 2017, respectively, and $1,231 and $1,284 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`BroadcastExpensesNet`	$109.45M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$9.17M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$26.82M	USD	3 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.17M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$25.24M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$19.95M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$18.70M	USD	3 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$6.69M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$8.02M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $147 and $98 for the three months ended September 30, 2016 and 2017, respectively, and $254 and $218 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.23M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $147 and $98 for the three months ended September 30, 2016 and 2017, respectively, and $254 and $218 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.15M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $147 and $98 for the three months ended September 30, 2016 and 2017, respectively, and $254 and $218 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$13.18M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $147 and $98 for the three months ended September 30, 2016 and 2017, respectively, and $254 and $218 for the nine months ended September 30, 2016 and 2017, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$11.93M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$3.08M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$2.98M	USD	1 Quarter
Depreciation	`CostOfServicesDepreciation`	$9.17M	USD	3 Qtrs
Depreciation	`CostOfServicesDepreciation`	$8.95M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$1.34M	USD	1 Quarter
Amortization	`CostOfServicesAmortization`	$3.67M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$3.42M	USD	3 Qtrs
Amortization	`CostOfServicesAmortization`	$1.14M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-12.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-54.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-458.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-196.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$700.00K	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	3 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$19.00K	USD	3 Qtrs
Net (gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$457.00K	USD	1 Quarter
Net (gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.01M	USD	3 Qtrs
Net (gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-95.00K	USD	1 Quarter
Net (gain) loss on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$410.00K	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$179.01M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$178.08M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$60.43M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$62.44M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.84M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$24.62M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$18.44M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$5.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$3.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.25M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.16M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.73M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$856.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$357.00K	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.32M	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$600.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.77M	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-80.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$7.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$7.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-80.00K	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.79M	USD	3 Qtrs
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$124.00K	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.96M	USD	1 Quarter
Net income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.02M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.51M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.76M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$170.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$6.12M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.90M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$2.29M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-46.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.19M	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.09	USD	3 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.23	USD	3 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.23	USD	3 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.09	USD	3 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	-	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	3 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.20	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.04M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.82M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.62M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.14M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.01M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.18M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.45M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.14M	shares	1 Quarter

Cash Flow Statement 129 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperations`	$2.29M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperations`	$5.90M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$458.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$268.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.69M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$134.00K	USD	1 Quarter
Tax benefit related to stock options exercised	`DeferredTaxBenefitToStockOptionsExercised`	-	USD	3 Qtrs
Tax benefit related to stock options exercised	`DeferredTaxBenefitToStockOptionsExercised`	$-264.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.59M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.62M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$18.00K	USD	Point-in-time
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$645.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$475.00K	USD	3 Qtrs
Accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-74.00K	USD	3 Qtrs
Accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-155.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$55.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$32.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.55M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$688.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.41M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$5.68M	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$856.00K	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$357.00K	USD	3 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$-1.32M	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-12.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-54.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-458.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-196.00K	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$700.00K	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	3 Qtrs
Impairment of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	3 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$19.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00K	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-18.00K	USD	1 Quarter
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$600.00K	USD	Point-in-time
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.77M	USD	3 Qtrs
Loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Net gain on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$457.00K	USD	1 Quarter
Net gain on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$2.01M	USD	3 Qtrs
Net gain on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$-95.00K	USD	1 Quarter
Net gain on the sale or disposal of assets	`GainLossOnDispositionOfAssets`	$410.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.38M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$463.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$139.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-147.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.00M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$718.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.88M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-39.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-3.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInPrepaidRent`	$-1.18M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-310.00K	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.44M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-49.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$106.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.51M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.17M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$6.80M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentForCapitalExpendituresNetOfTenantImprovementAllowances`	$7.24M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$486.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$50.00K	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$228.00K	USD	3 Qtrs
Escrow deposits related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$30.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$718.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.66M	USD	3 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$602.00K	USD	3 Qtrs
Proceeds from sale of broadcast assets	`ProceedsFromSaleOfOtherPropertyPlantAndEquipment`	$3.15M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$224.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$398.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.39M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.85M	USD	3 Qtrs
Payment of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	3 Qtrs
Payment of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	$783.00K	USD	3 Qtrs
Proceeds from bond offering	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Proceeds from bond offering	`ProceedsFromIssuanceOfDebt`	$255.00M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$6.84M	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$14.00K	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$99.00K	USD	3 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-225.00K	USD	3 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.42M	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$501.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$969.00K	USD	3 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$93.00K	USD	3 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$80.00K	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	1 Quarter
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$5.00M	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$5.09M	USD	3 Qtrs
Payment of cash distributions on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.05M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$734.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-15.44M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.13M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-126.00K	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-18.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$4.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$98.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$4.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.96M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$10.64M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$128.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$67.00K	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$4.15M	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$3.89M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$3.73M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$4.01M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$50.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$486.00K	USD	3 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	-	USD	3 Qtrs
Current value of deferred cash payments (short-term)	`NetPresentValueOfDeferredCashPaymentsShortTerm`	$1.57M	USD	3 Qtrs
Net assets and liabilities assumed non-cash acquisition	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	$2.85M	USD	3 Qtrs
Net assets and liabilities assumed non-cash acquisition	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	3 Qtrs
Assets acquired under capital leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	3 Qtrs
Assets acquired under capital leases	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$16.00K	USD	3 Qtrs
Debt issuance costs accrued	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	3 Qtrs
Debt issuance costs accrued	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$132.00K	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.