10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001193125-19-217106`
Period End Date	20190630
Filing Date	20190809
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	salm-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 107 Income Statement 81 Cash Flow Statement 96 Stockholders Equity 31

Balance Sheet 107 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.33M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.73M	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$158.00K	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$4.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$994.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $9,732 in 2018 and $9,328 in 2019)	`AccountsReceivableNetCurrent`	$32.15M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$733.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$996.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $9,732 in 2018 and $9,328 in 2019)	`AccountsReceivableNetCurrent`	$33.02M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.51M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$174.28M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.16M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$170.76M	USD	Point-in-time
Other receivables (net of allowances of $158 in 2018 and $4 in 2019 )	`OtherReceivablesNetCurrent`	$806.00K	USD	Point-in-time
Other receivables (net of allowances of $158 in 2018 and $4 in 2019 )	`OtherReceivablesNetCurrent`	$876.00K	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$53.40M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$53.18M	USD	Point-in-time
Inventories (net of reserves of $994 in 2018 and $1,159 in 2019)	`InventoryNet`	$630.00K	USD	Point-in-time
Inventories (net of reserves of $994 in 2018 and $1,159 in 2019)	`InventoryNet`	$677.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.38M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.50M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$41.21M	USD	Point-in-time
Notes receivable (net of allowance of $733 in 2018 and $996 in 2019)	`NotesAndLoansReceivableNetNoncurrent`	$218.00K	USD	Point-in-time
Notes receivable (net of allowance of $733 in 2018 and $996 in 2019)	`NotesAndLoansReceivableNetNoncurrent`	$889.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $170,756 in 2018 and $174,275 in 2019)	`PropertyPlantAndEquipmentNet`	$96.34M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Property and equipment (net of accumulated depreciation of $170,756 in 2018 and $174,275 in 2019)	`PropertyPlantAndEquipmentNet`	$94.59M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$61.58M	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$199.00K	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$164.00K	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$376.32M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$380.91M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$372.32M	USD	Point-in-time
Goodwill	`Goodwill`	$26.79M	USD	Point-in-time
Goodwill	`Goodwill`	$26.45M	USD	Point-in-time
Goodwill	`Goodwill`	$26.42M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$277.00K	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$277.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $53,180 in 2018 and $53,402 in 2019)	`FiniteLivedIntangibleAssetsNet`	$9.06M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $53,180 in 2018 and $53,402 in 2019)	`FiniteLivedIntangibleAssetsNet`	$11.26M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$381.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$304.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.18M	USD	Point-in-time
Total assets	`Assets`	$559.03M	USD	Point-in-time
Total assets	`Assets`	$611.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.74M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.19M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.65M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.46M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.58M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.34M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.38M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$10.44M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.54M	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$110.00K	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$108.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$267.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$299.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.65M	USD	Point-in-time
Current portion of financing (capital) lease liabilities	`FinanceLeaseLiabilityCurrent`	$69.00K	USD	Point-in-time
Current portion of financing (capital) lease liabilities	`FinanceLeaseLiabilityCurrent`	$58.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.66M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$22.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.88M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$66.16M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$227.89M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$234.03M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$59.99M	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$141.00K	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$105.00K	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$35.27M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$34.73M	USD	Point-in-time
Deferred rent expense, long term	`DeferredRentExpenseNonCurrent`	$9.38M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.37M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.38M	USD	Point-in-time
Deferred rent income, less current	`DeferredRentCreditNoncurrent`	$4.00M	USD	Point-in-time
Deferred rent income, less current	`DeferredRentCreditNoncurrent`	$4.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$554.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$394.83M	USD	Point-in-time
Total liabilities	`Liabilities`	$337.16M	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 17)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$245.22M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.33M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$10.37M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$3.62M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2018 and June 30, 2019)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2018 and June 30, 2019)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$220.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$221.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$230.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$226.73M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$216.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$231.28M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$611.06M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$559.03M	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.68M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$130.07M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$66.27M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$125.15M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$64.93M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$59.08M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$120.53M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$123.05M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $94 and $60 for the three months ended June 30, 2018 and 2019, respectively, and $157 and $67 for the six months ended June 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $94 and $60 for the three months ended June 30, 2018 and 2019, respectively, and $157 and $67 for the six months ended June 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$8.20M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$8.20M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $94 and $60 for the three months ended June 30, 2018 and 2019, respectively, and $157 and $67 for the six months ended June 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$7.95M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$7.95M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $94 and $60 for the three months ended June 30, 2018 and 2019, respectively, and $157 and $67 for the six months ended June 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.33M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.33M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$3.04M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.85M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$6.04M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$5.79M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.95M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.42M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.12M	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	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$357.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-3.67M	USD	2 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.15M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.16M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$64.93M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$59.08M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$120.53M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$123.05M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$7.01M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$5.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.62M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.37M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.27M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.75M	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$426.00K	USD	2 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	2 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-13.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$19.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-88.00K	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
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.73M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.25M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-411.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$4.89M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-1.10M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-696.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.32M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.34M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$828.00K	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Basic loss per share	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-0.05	USD	2 Qtrs
Basic loss per share	`EarningsPerShareBasic`	$-0.08	USD	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted loss per share	`EarningsPerShareDiluted`	$-0.05	USD	2 Qtrs
Diluted loss per share	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-0.08	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.36M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.17M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.53M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.18M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.17M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.53M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.36M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.18M	shares	1 Quarter

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-1.34M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-3.32M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$936.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$126.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.11M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$172.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.21M	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`	$513.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$4.45M	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$18.00K	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$2.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$796.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$737.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-546.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-812.00K	USD	2 Qtrs
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`	$72.00K	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$426.00K	USD	2 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	2 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$357.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-3.67M	USD	2 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.15M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-5.16M	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$1.10M	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-3.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$223.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$353.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$383.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.08M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-459.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$488.00K	USD	2 Qtrs
Deferred rent expense	`IncreaseDecreaseInPrepaidRent`	$120.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.76M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.97M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.08M	USD	2 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-46.00K	USD	2 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-84.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-13.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$32.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$20.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.76M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$10.07M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$4.70M	USD	2 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$4.68M	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`	$185.00K	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
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.79M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.87M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$399.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$728.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.60M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.20M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$9.55M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$6.12M	USD	2 Qtrs
Refund (payments) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-30.00K	USD	2 Qtrs
Refund (payments) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$21.00K	USD	2 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$21.00K	USD	2 Qtrs
Payments of deferred installments due from acquisition activity	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00K	USD	2 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$59.00K	USD	2 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$43.00K	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$3.43M	USD	2 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$3.40M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.20M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.62M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.67M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.46M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-108.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	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`	$117.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	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`	$117.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.63M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.31M	USD	2 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$18.00K	USD	2 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$5.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$95.00K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$103.00K	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$2.73M	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$3.63M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.75M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.47M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$7.00K	USD	2 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.06M	USD	2 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$56.00K	USD	2 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$2.00K	USD	2 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$9.00K	USD	2 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$230.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.28M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$200.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$176.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$126.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$936.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	-	USD	2 Qtrs
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$19.00K	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00K	USD	1 Quarter
Cash distributions	`Dividends`	-	USD	2 Qtrs
Cash distributions	`Dividends`	$1.70M	USD	1 Quarter
Cash distributions	`Dividends`	$1.70M	USD	1 Quarter
Cash distributions	`Dividends`	$1.70M	USD	1 Quarter
Cash distributions	`Dividends`	$1.73M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.32M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.34M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net income	`NetIncomeLoss`	$828.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$230.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.28M	USD	Point-in-time

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