10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001193125-20-213730`
Period End Date	20200630
Filing Date	20200810
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	salm-20200630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 108 Income Statement 95 Cash Flow Statement 108 Stockholders Equity 27

Balance Sheet 108 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$12.54M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.95M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.27M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.34M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$618.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$954.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.05M	USD	Point-in-time
Trade accounts receivable (net of allowances of $10,947 in 2019 and $12,543 in 2020)	`AccountsReceivableNetCurrent`	$22.51M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$173.12M	USD	Point-in-time
Trade accounts receivable (net of allowances of $10,947 in 2019 and $12,543 in 2020)	`AccountsReceivableNetCurrent`	$30.82M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$176.69M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$1.98M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$57.44M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.75M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$55.62M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.30M	USD	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$1.35M	USD	Point-in-time
Inventories (net of reserves of $1,271 in 2019 and $1,338 in 2020)	`InventoryNet`	$707.00K	USD	Point-in-time
Inventories (net of reserves of $1,271 in 2019 and $1,338 in 2020)	`InventoryNet`	$717.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.79M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.89M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$185.00K	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$41.72M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$51.34M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	2.32M	shares	Point-in-time
Notes receivable (net of allowance of $954 in 2019 and $618 in 2020)	`NotesAndLoansReceivableNetNoncurrent`	$753.00K	USD	Point-in-time
Notes receivable (net of allowance of $954 in 2019 and $618 in 2020)	`NotesAndLoansReceivableNetNoncurrent`	$667.00K	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $173,122 in 2019 and $176,689 in 2020)	`PropertyPlantAndEquipmentNet`	$87.67M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $173,122 in 2019 and $176,689 in 2020)	`PropertyPlantAndEquipmentNet`	$84.38M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$51.90M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$54.55M	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$180.00K	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$144.00K	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$320.86M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$337.86M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$376.32M	USD	Point-in-time
Goodwill	`Goodwill`	$26.79M	USD	Point-in-time
Goodwill	`Goodwill`	$23.69M	USD	Point-in-time
Goodwill	`Goodwill`	$24.00M	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	-	USD	Point-in-time
Other indefinite-lived intangible assets	`OtherIndefiniteLivedIntangibleAssets`	$260.00K	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $55,617 in 2019 and $57,443 in 2020)	`FiniteLivedIntangibleAssetsNet`	$7.10M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $55,617 in 2019 and $57,443 in 2020)	`FiniteLivedIntangibleAssetsNet`	$5.27M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$198.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$224.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$2.75M	USD	Point-in-time
Total assets	`Assets`	$541.30M	USD	Point-in-time
Total assets	`Assets`	$558.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.81M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.47M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$8.36M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.39M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.89M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.56M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.23M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.26M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.49M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$16.57M	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$141.00K	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$110.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$531.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$686.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.48M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$9.59M	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`	$61.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$12.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$68.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$53.13M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$216.47M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$213.40M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$54.05M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$51.36M	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$98.00K	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$124.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$69.41M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$38.78M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.94M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.74M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$3.96M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$3.91M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.72M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$513.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$368.77M	USD	Point-in-time
Total liabilities	`Liabilities`	$409.82M	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.68M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.88M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-81.68M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2019 and June 30, 2020)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2019 and June 30, 2020)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$216.23M	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`	$189.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$131.48M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$133.90M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$541.30M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$558.43M	USD	Point-in-time

Income Statement 95 line items

Line Item	Tag	Value	Unit	Period
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.68M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$52.87M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$125.15M	USD	2 Qtrs
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$111.12M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$53.76M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$120.53M	USD	2 Qtrs
Operating expenses	`CostsAndExpenses`	$59.08M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$130.02M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $60 and $0 for the three months ended June 30, 2019 and 2020, respectively, and $67 and $180 for the six months ended June 30, 2019 and 2020, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$8.06M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$8.06M	USD	2 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $60 and $0 for the three months ended June 30, 2019 and 2020, respectively, and $67 and $180 for the six months ended June 30, 2019 and 2020, 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 $60 and $0 for the three months ended June 30, 2019 and 2020, respectively, and $67 and $180 for the six months ended June 30, 2019 and 2020, 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
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $60 and $0 for the three months ended June 30, 2019 and 2020, respectively, and $67 and $180 for the six months ended June 30, 2019 and 2020, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.85M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$5.43M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$5.79M	USD	2 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.72M	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.83M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$840.00K	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$2.42M	USD	2 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.12M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$17.25M	USD	2 Qtrs
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`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.43M	USD	Annual
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$357.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-34.00K	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`	$-113.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$53.76M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$120.53M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$59.08M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$130.02M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$4.62M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$5.60M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-18.90M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-888.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$8.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.04M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.37M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.01M	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	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`	-	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$49.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$19.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-46.00K	USD	2 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$18.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$6.00K	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
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.94M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.89M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-411.00K	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-2.38M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$4.89M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$30.78M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-57.72M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.32M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.52M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Basic loss per share	`EarningsPerShareBasic`	$-0.09	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-0.14	USD	1 Quarter
Basic loss per share	`EarningsPerShareBasic`	$-2.16	USD	2 Qtrs
Diluted loss per share	`EarningsPerShareDiluted`	$-0.14	USD	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-2.16	USD	2 Qtrs
Diluted loss per share	`EarningsPerShareDiluted`	$-0.09	USD	1 Quarter
Diluted loss per share	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.68M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.53M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.36M	shares	2 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.68M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.68M	shares	2 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.68M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.53M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.36M	shares	2 Qtrs

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-57.72M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-3.32M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.11M	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$936.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$199.00K	USD	2 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$96.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$8.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.26M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$513.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$461.00K	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$4.45M	USD	2 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$4.46M	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	-	USD	2 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$2.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$737.00K	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$3.62M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-546.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$30.63M	USD	2 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$17.25M	USD	2 Qtrs
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`	-	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	-	USD	1 Quarter
Impairment of goodwill	`GoodwillImpairmentLoss`	$307.00K	USD	2 Qtrs
Impairment of goodwill	`GoodwillImpairmentLoss`	$2.43M	USD	Annual
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	-	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`	-	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$49.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-2.00K	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$3.00K	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`	$-34.00K	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`	$-113.00K	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-5.53M	USD	2 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-3.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$353.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-10.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.08M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-97.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.72M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-459.00K	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.40M	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-5.76M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.08M	USD	2 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$7.27M	USD	2 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-151.00K	USD	2 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-84.00K	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.20M	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$155.00K	USD	2 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$32.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.96M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.76M	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`	$2.52M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$94.00K	USD	2 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$650.00K	USD	2 Qtrs
Purchases of digital media businesses and assets	`PaymentsToAcquireBusinessesGross`	-	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$2.87M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$188.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.98M	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$728.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-452.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.20M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$6.12M	USD	2 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$3.39M	USD	2 Qtrs
Refunds (payments) of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$30.00K	USD	2 Qtrs
Refunds (payments) of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$66.00K	USD	2 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$35.00K	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`	$700.00K	USD	Point-in-time
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$667.00K	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.20M	USD	2 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-1.89M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$529.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.67M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-108.00K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$19.04M	USD	2 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	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 beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$19.05M	USD	Point-in-time
CasCash and cash equivalents at end of periodh and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$6.00K	USD	Point-in-time
CasCash and cash equivalents at end of periodh and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
CasCash and cash equivalents at end of periodh and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$9.00K	USD	Point-in-time
CasCash and cash equivalents at end of periodh and cash equivalents at end of year	`CashAndCashEquivalentsAtCarryingValue`	$19.05M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.31M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$7.60M	USD	2 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$4.00K	USD	2 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$5.00K	USD	2 Qtrs
Cash paid (received) for income taxes	`IncomeTaxesPaidNet`	$103.00K	USD	2 Qtrs
Cash paid (received) for income taxes	`IncomeTaxesPaidNet`	$-5.00K	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$2.73M	USD	2 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$1.71M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$2.47M	USD	2 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$1.56M	USD	2 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$94.00K	USD	2 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.06M	USD	2 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$2.65M	USD	2 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	-	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`	$4.00K	USD	2 Qtrs

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$189.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$133.90M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$936.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$200.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$103.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$176.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$96.00K	USD	1 Quarter
Cash distributions	`EquityDistribution`	$1.73M	USD	1 Quarter
Cash distributions	`EquityDistribution`	$667.00K	USD	1 Quarter
Cash distributions	`EquityDistribution`	$1.70M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-57.72M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.32M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.52M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-55.20M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$189.66M	USD	Point-in-time
Balance	`StockholdersEquity`	$131.48M	USD	Point-in-time
Balance	`StockholdersEquity`	$133.90M	USD	Point-in-time

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