10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-18-042910`
Period End Date	20180630
Filing Date	20180809
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	salm-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 121 Cash Flow Statement 125

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.19M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.02M	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$143.00K	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$227.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$695.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$507.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $11,019 in 2017 and $10,187 in 2018)	`AccountsReceivableNetCurrent`	$32.58M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$759.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $11,019 in 2017 and $10,187 in 2018)	`AccountsReceivableNetCurrent`	$32.55M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$164.72M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$166.60M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$3.11M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.30M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$49.94M	USD	Point-in-time
Other receivables (net of allowances of $227 in 2017 and $143 in 2018)	`OtherReceivablesNetCurrent`	$820.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$47.18M	USD	Point-in-time
Other receivables (net of allowances of $227 in 2017 and $143 in 2018)	`OtherReceivablesNetCurrent`	$727.00K	USD	Point-in-time
Inventories (net of reserves of $1,657 in 2017 and $695 in 2018)	`InventoryNet`	$953.00K	USD	Point-in-time
Inventories (net of reserves of $1,657 in 2017 and $695 in 2018)	`InventoryNet`	$730.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.21M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.82M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$3.50M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$8.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$46.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$52.60M	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
Land held for sale	`LandAvailableForSale`	-	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Notes receivable (net of allowance of $759 in 2017 and $507 in 2018)	`NotesAndLoansReceivableNetNoncurrent`	$53.00K	USD	Point-in-time
Notes receivable (net of allowance of $759 in 2017 and $507 in 2018)	`NotesAndLoansReceivableNetNoncurrent`	$35.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $164,720 in 2017 and $166,599 in 2018)	`PropertyPlantAndEquipmentNet`	$99.48M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $164,720 in 2017 and $166,599 in 2018)	`PropertyPlantAndEquipmentNet`	$96.42M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$373.96M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$380.91M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$388.52M	USD	Point-in-time
Goodwill	`Goodwill`	$25.61M	USD	Point-in-time
Goodwill	`Goodwill`	$25.80M	USD	Point-in-time
Goodwill	`Goodwill`	$26.42M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$313.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$313.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $47,179 in 2017 and $49,942 in 2018)	`FiniteLivedIntangibleAssetsNet`	$13.10M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $47,179 in 2017 and $49,942 in 2018)	`FiniteLivedIntangibleAssetsNet`	$10.18M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$418.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$550.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.07M	USD	Point-in-time
Deferred income taxes	`DeferredTaxAssetsNetNoncurrent`	$1.07M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.19M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.77M	USD	Point-in-time
Total assets	`Assets`	$572.82M	USD	Point-in-time
Total assets	`Assets`	$564.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$12.05M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.28M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.91M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.64M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.42M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.45M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$12.76M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.40M	USD	Point-in-time
Deferred rent expense	`DeferredRentCreditCurrent`	$152.00K	USD	Point-in-time
Deferred rent expense	`DeferredRentCreditCurrent`	$133.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$172.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$192.00K	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$12.02M	USD	Point-in-time
Current portion of long-term debt and capital lease obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$9.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$42.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$49.34M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$249.58M	USD	Point-in-time
Long-term debt and capital lease obligations, less current portion	`LongTermDebtAndCapitalLeaseObligations`	$240.26M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$34.15M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$33.34M	USD	Point-in-time
Deferred rent expense, long term	`DeferredRentCreditNoncurrent`	$13.49M	USD	Point-in-time
Deferred rent expense, long term	`DeferredRentCreditNoncurrent`	$13.64M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.36M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.95M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$51.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$337.84M	USD	Point-in-time
Total liabilities	`Liabilities`	$341.54M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$244.83M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$244.63M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$15.63M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$20.37M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2017 and June 30, 2018)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2017 and June 30, 2018)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$226.73M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$231.28M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$564.58M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$572.82M	USD	Point-in-time

Income Statement 121 line items

Line Item	Tag	Value	Unit	Period
Net broadcast revenue	`NetBroadcastRevenue`	$97.06M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$50.56M	USD	1 Quarter
Net broadcast revenue	`NetBroadcastRevenue`	$98.61M	USD	2 Qtrs
Net broadcast revenue	`NetBroadcastRevenue`	$49.25M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$21.55M	USD	2 Qtrs
Net digital media revenue	`NetDigitalRevenue`	$10.87M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$10.26M	USD	1 Quarter
Net digital media revenue	`NetDigitalRevenue`	$20.65M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$6.00M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$12.48M	USD	2 Qtrs
Net publishing revenue	`NetPublishingRevenue`	$5.45M	USD	1 Quarter
Net publishing revenue	`NetPublishingRevenue`	$10.80M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$71.77M	USD	2 Qtrs
Total net revenue	`Revenues`	$66.27M	USD	1 Quarter
Total net revenue	`Revenues`	$131.09M	USD	2 Qtrs
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$37.24M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$35.93M	USD	1 Quarter
Total net revenue	`Revenues`	$130.07M	USD	2 Qtrs
Total net revenue	`Revenues`	$66.11M	USD	1 Quarter
Broadcast operating expenses exclusive of depreciation and amortization	`BroadcastExpensesNet`	$72.99M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.83M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$8.95M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$7.95M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $547 and $574 for the three months ended June 30, 2017 and 2018, respectively, and $1,114 and $1,135 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`BroadcastExpensesNet`	$71.77M	USD	2 Qtrs
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $547 and $574 for the three months ended June 30, 2017 and 2018, respectively, and $1,114 and $1,135 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`BroadcastExpensesNet`	$37.24M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $547 and $574 for the three months ended June 30, 2017 and 2018, respectively, and $1,114 and $1,135 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`BroadcastExpensesNet`	$35.93M	USD	1 Quarter
Broadcast operating expenses, exclusive of depreciation and amortization shown below (including $547 and $574 for the three months ended June 30, 2017 and 2018, respectively, and $1,114 and $1,135 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`BroadcastExpensesNet`	$72.99M	USD	2 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$17.07M	USD	2 Qtrs
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.37M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$8.40M	USD	1 Quarter
Digital media operating expenses, exclusive of depreciation and amortization shown below	`DigitalExpensesNet`	$16.77M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$12.02M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$11.11M	USD	2 Qtrs
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$5.67M	USD	1 Quarter
Publishing operating expenses, exclusive of depreciation and amortization shown below	`PublishingExpensesNet`	$5.52M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $47 and $94 for the three months ended June 30, 2017 and 2018, respectively, and $139 and $157 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.83M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $47 and $94 for the three months ended June 30, 2017 and 2018, respectively, and $139 and $157 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$8.95M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $47 and $94 for the three months ended June 30, 2017 and 2018, respectively, and $139 and $157 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $47 and $94 for the three months ended June 30, 2017 and 2018, respectively, and $139 and $157 for the six months ended June 30, 2017 and 2018, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$7.95M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$6.09M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$3.04M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$6.04M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$3.11M	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.29M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.95M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.14M	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.48M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-43.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-42.00K	USD	2 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	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$19.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$510.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.16M	USD	2 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$505.00K	USD	2 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.15M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$57.49M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$64.93M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$123.05M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$117.65M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$7.01M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$8.62M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$13.44M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.35M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.27M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.92M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.75M	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$357.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Gain (loss) on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.73M	USD	1 Quarter
Gain (loss) on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$600.00K	USD	Point-in-time
Gain (loss) on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.77M	USD	2 Qtrs
Gain (loss) on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	2 Qtrs
Gain (loss) on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	-	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-13.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-88.00K	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.67M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.96M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.04M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.27M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-696.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.34M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$690.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.33M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$1.27M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.34M	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.05	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.09	USD	2 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.09	USD	2 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.05	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.13	USD	2 Qtrs
Distributions per share	`CommonStockDividendsPerShareCashPaid`	$0.07	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.18M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.06M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	25.98M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.17M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.18M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.17M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.44M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.59M	shares	1 Quarter

Cash Flow Statement 125 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperations`	$2.33M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperations`	$-1.34M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$44.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.43M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$126.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$172.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.37M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$9.00M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$587.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$357.00K	USD	2 Qtrs
Accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	$-74.00K	USD	2 Qtrs
Accretion of financing items	`AccretionAmortizationOfDiscountsAndPremiumsInvestments`	-	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$24.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$18.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$796.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$796.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$1.27M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-812.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	$357.00K	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Change in the fair value of interest rate swap	`UnrealizedGainLossOnDerivatives`	-	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-43.00K	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-42.00K	USD	2 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	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$19.00K	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
(Gain) loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.73M	USD	1 Quarter
(Gain) loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$600.00K	USD	Point-in-time
(Gain) loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.77M	USD	2 Qtrs
(Gain) loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	2 Qtrs
(Gain) loss on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	1 Quarter
(Gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$510.00K	USD	1 Quarter
(Gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.16M	USD	2 Qtrs
(Gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$505.00K	USD	2 Qtrs
(Gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.15M	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$1.10M	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInUnbilledReceivables`	$-2.67M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$197.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$223.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$804.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$383.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$488.00K	USD	2 Qtrs
Deferred rent expense	`IncreaseDecreaseInPrepaidRent`	$-56.00K	USD	2 Qtrs
Deferred rent expense	`IncreaseDecreaseInPrepaidRent`	$166.00K	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-405.00K	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.97M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-15.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-164.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$20.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.07M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$16.58M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$4.68M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$4.77M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$52.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$7.00K	USD	2 Qtrs
Escrow deposits paid related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$42.00K	USD	2 Qtrs
Escrow deposits paid related to acquisitions	`PaymentsForProceedsFromOtherDeposits`	$185.00K	USD	2 Qtrs
Escrow deposits received related to radio station sale	`ProcceedsFromDepositReceivedUnderOptionAgreementForRadioStationSales`	-	USD	2 Qtrs
Escrow deposits received related to radio station sale	`ProcceedsFromDepositReceivedUnderOptionAgreementForRadioStationSales`	$2.04M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.10M	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$130.00K	USD	2 Qtrs
Purchases of digital media businesses and assets	`PaymentsToAcquireBusinessesGross`	$70.00K	USD	2 Qtrs
Purchases of digital media businesses and assets	`PaymentsToAcquireBusinessesGross`	$310.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$600.00K	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.79M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$289.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$399.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.99M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.60M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`RepaymentsOfSecuredDebt`	$9.55M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Payment of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	2 Qtrs
Payment of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	$783.00K	USD	2 Qtrs
Proceeds from bond offering	`ProceedsFromIssuanceOfDebt`	$255.00M	USD	2 Qtrs
Proceeds from bond offering	`ProceedsFromIssuanceOfDebt`	-	USD	2 Qtrs
Refund (payment) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$21.00K	USD	2 Qtrs
Refund (payment) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-6.37M	USD	2 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$14.00K	USD	2 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentsOfContingentEarnOutConsideration`	$15.00K	USD	2 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-225.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$21.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$455.00K	USD	2 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$62.00K	USD	2 Qtrs
Payments of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$59.00K	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$3.40M	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$3.39M	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$1.70M	USD	Point-in-time
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.62M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-2.84M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.70M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.46M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$6.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-111.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$3.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$130.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.65M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.85M	USD	2 Qtrs
Cash paid for income taxes	`ProceedsFromIncomeTaxRefunds`	$95.00K	USD	2 Qtrs
Cash paid for income taxes	`ProceedsFromIncomeTaxRefunds`	$211.00K	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$2.56M	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$3.63M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.35M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.75M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$7.00K	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$52.00K	USD	2 Qtrs
Assets acquired under capital lease	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$56.00K	USD	2 Qtrs
Assets acquired under capital lease	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$16.00K	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$9.00K	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	-	USD	2 Qtrs
Debt issuance costs accrued	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
Debt issuance costs accrued	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$465.00K	USD	2 Qtrs

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