10-Q Filing

SALEM MEDIA GROUP, INC. /DE/ CIK: 1050606 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-042996`
Period End Date	20190930
Filing Date	20191112
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	salm-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 85 Cash Flow Statement 101 Stockholders Equity 41

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.55M	USD	Point-in-time
Trade accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.73M	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	-	USD	Point-in-time
Allowance for Doubtful Other Receivables, Current	`AllowanceForDoubtfulOtherReceivablesCurrent`	$158.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.00K	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$1.26M	USD	Point-in-time
Inventories, reserves	`InventoryValuationReserves`	$994.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$978.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $9,732 in 2018 and $10,547 in 2019)	`AccountsReceivableNetCurrent`	$33.47M	USD	Point-in-time
Notes receivable, allowance	`AllowanceForNotesAndLoansReceivableNoncurrent`	$733.00K	USD	Point-in-time
Trade accounts receivable (net of allowances of $9,732 in 2018 and $10,547 in 2019)	`AccountsReceivableNetCurrent`	$33.02M	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$170.48M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.51M	USD	Point-in-time
Unbilled revenue	`UnbilledContractsReceivable`	$2.27M	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 $0 in 2019)	`OtherReceivablesNetCurrent`	$9.22M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$54.55M	USD	Point-in-time
Amortizable intangible assets, accumulated amortization	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$53.18M	USD	Point-in-time
Other receivables (net of allowances of $158 in 2018 and $0 in 2019)	`OtherReceivablesNetCurrent`	$806.00K	USD	Point-in-time
Inventories (net of reserves of $994 in 2018 and $1,263 in 2019)	`InventoryNet`	$677.00K	USD	Point-in-time
Inventories (net of reserves of $994 in 2018 and $1,263 in 2019)	`InventoryNet`	$649.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.50M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.17M	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$8.73M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$43.64M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$60.51M	USD	Point-in-time
Notes receivable (net of allowance of $733 in 2018 and $978 in 2019)	`NotesAndLoansReceivableNetNoncurrent`	$218.00K	USD	Point-in-time
Notes receivable (net of allowance of $733 in 2018 and $978 in 2019)	`NotesAndLoansReceivableNetNoncurrent`	$797.00K	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 $170,478 in 2019)	`PropertyPlantAndEquipmentNet`	$96.34M	USD	Point-in-time
Property and equipment (net of accumulated depreciation of $170,756 in 2018 and $170,478 in 2019)	`PropertyPlantAndEquipmentNet`	$88.32M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$65.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$56.80M	USD	Point-in-time
Financing lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$189.00K	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`	$340.35M	USD	Point-in-time
Broadcast licenses	`IndefiniteLivedLicenseAgreements`	$380.91M	USD	Point-in-time
Goodwill	`Goodwill`	$26.42M	USD	Point-in-time
Goodwill	`Goodwill`	$26.43M	USD	Point-in-time
Goodwill	`Goodwill`	$26.79M	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 $54,547 in 2019)	`FiniteLivedIntangibleAssetsNet`	$8.17M	USD	Point-in-time
Amortizable intangible assets (net of accumulated amortization of $53,180 in 2018 and $54,547 in 2019)	`FiniteLivedIntangibleAssetsNet`	$11.26M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$268.00K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNoncurrentNet`	$381.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.13M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$3.64M	USD	Point-in-time
Total assets	`Assets`	$559.03M	USD	Point-in-time
Total assets	`Assets`	$586.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.19M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$4.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$10.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$9.45M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$9.77M	USD	Point-in-time
Accrued compensation and related expenses	`EmployeeRelatedLiabilitiesCurrent`	$7.58M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$5.23M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$1.38M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$9.38M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$11.54M	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$108.00K	USD	Point-in-time
Deferred rent income	`DeferredRentCreditCurrent`	$108.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$354.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$267.00K	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$8.19M	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`	$18.07M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$19.66M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$64.92M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$52.88M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$234.03M	USD	Point-in-time
Long-term debt, less current portion	`LongTermDebtNoncurrent`	$228.09M	USD	Point-in-time
Operating lease liabilities, less current portion	`OperatingLeaseLiabilityNoncurrent`	$56.34M	USD	Point-in-time
Financing (capital) lease liabilities, less current portion	`FinanceLeaseLiabilityNoncurrent`	$133.00K	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`	$35.76M	USD	Point-in-time
Deferred rent expense, long term	`DeferredRentExpenseNonCurrent`	$9.38M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.81M	USD	Point-in-time
Contract liabilities, long-term	`ContractWithCustomerLiabilityNoncurrent`	$1.38M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$3.98M	USD	Point-in-time
Deferred rent income, less current portion	`DeferredRentCreditNoncurrent`	$4.05M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$546.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$64.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$391.57M	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`	$246.51M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$-18.11M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$10.37M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2018 and September 30, 2019)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Treasury stock, at cost (2,317,650 shares at December 31, 2018 and September 30, 2019)	`TreasuryStockValue`	$34.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$194.67M	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 stockholders equity	`StockholdersEquity`	$226.45M	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`	$216.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$220.66M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$586.25M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$559.03M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$65.53M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$195.59M	USD	3 Qtrs
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.12M	USD	1 Quarter
Total net revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$189.26M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$182.31M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$199.13M	USD	3 Qtrs
Operating expenses	`CostsAndExpenses`	$59.25M	USD	1 Quarter
Operating expenses	`CostsAndExpenses`	$78.60M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$12.39M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $41 and $27 for the three months ended September 30, 2018 and 2019, respectively, and $198 and $94 for the nine months ended September 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$12.39M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$3.99M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $41 and $27 for the three months ended September 30, 2018 and 2019, respectively, and $198 and $94 for the nine months ended September 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$3.99M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$4.18M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $41 and $27 for the three months ended September 30, 2018 and 2019, respectively, and $198 and $94 for the nine months ended September 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$4.18M	USD	1 Quarter
Unallocated corporate expenses exclusive of depreciation and amortization	`GeneralAndAdministrativeExpense`	$11.94M	USD	3 Qtrs
Unallocated corporate expenses exclusive of depreciation and amortization shown below (including $41 and $27 for the three months ended September 30, 2018 and 2019, respectively, and $198 and $94 for the nine months ended September 30, 2018 and 2019, respectively, paid to related parties)	`GeneralAndAdministrativeExpense`	$11.94M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$3.03M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$2.74M	USD	1 Quarter
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$8.53M	USD	3 Qtrs
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$9.08M	USD	3 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$4.56M	USD	3 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.60M	USD	1 Quarter
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$3.57M	USD	3 Qtrs
Amortization	`CostOfGoodsAndServicesSoldAmortization`	$1.15M	USD	1 Quarter
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-40.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-40.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$1.92M	USD	3 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$1.92M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-17.55M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-4.40M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$759.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-21.21M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$182.31M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$199.13M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$59.25M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$78.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.28M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$-14.49M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$-9.87M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$13.29M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.78M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.21M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.41M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.51M	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$426.00K	USD	3 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$-12.00K	USD	3 Qtrs
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$1.00K	USD	1 Quarter
Net miscellaneous income and (expenses)	`OtherNonoperatingIncomeExpense`	$19.00K	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.77M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-264.00K	USD	3 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.90M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-22.63M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$564.00K	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$697.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-132.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$1.11M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.21M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.33M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-132.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$828.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.00M	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.01	USD	3 Qtrs
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.75	USD	1 Quarter
Basic earnings (loss) per share	`EarningsPerShareBasic`	$-0.88	USD	3 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.01	USD	3 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.88	USD	3 Qtrs
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted earnings (loss) per share	`EarningsPerShareDiluted`	$-0.75	USD	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.62M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.44M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.18M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	26.18M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.62M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.44M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.18M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	26.31M	shares	1 Quarter

Cash Flow Statement 101 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-23.33M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-132.00K	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$177.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$191.00K	USD	1 Quarter
Non-cash stock-based compensation	`ShareBasedCompensation`	$1.29M	USD	3 Qtrs
Non-cash stock-based compensation	`ShareBasedCompensation`	$363.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$12.10M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.63M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$766.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$855.00K	USD	3 Qtrs
Non-cash lease expense	`NonCashLeaseExpense`	$6.74M	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$2.00K	USD	3 Qtrs
Accretion of acquisition-related deferred payments and contingent consideration	`AccretionExpense`	$24.00K	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.41M	USD	3 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$1.50M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$487.00K	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-301.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-40.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$72.00K	USD	3 Qtrs
Change in the estimated fair value of contingent earn-out consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-40.00K	USD	1 Quarter
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$1.92M	USD	3 Qtrs
Impairment of indefinite-lived long-term assets other than goodwill	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$1.92M	USD	1 Quarter
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$426.00K	USD	3 Qtrs
Gain on early retirement of long-term debt	`GainsLossesOnExtinguishmentOfDebt`	$234.00K	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-17.55M	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-4.40M	USD	3 Qtrs
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$759.00K	USD	1 Quarter
Net (gain) loss on the disposition of assets	`GainLossOnDispositionOfAssets`	$-21.21M	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$2.36M	USD	3 Qtrs
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$3.83M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$161.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$372.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-338.00K	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$560.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.22M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.50M	USD	3 Qtrs
Deferred rent expense	`IncreaseDecreaseInPrepaidRent`	$235.00K	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-7.98M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.38M	USD	3 Qtrs
Contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.71M	USD	3 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-69.00K	USD	3 Qtrs
Deferred rent income	`IncreaseDecreaseInDeferredRentIncome`	$-130.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-40.00K	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-16.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$87.00K	USD	3 Qtrs
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$69.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.47M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$6.06M	USD	3 Qtrs
Cash paid for capital expenditures net of tenant improvement allowances	`PaymentsForProceedsFromTenantAllowance`	$6.51M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$3.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances and trade agreements	`PaymentForCapitalExpendituresReimbursableUnderTenantImprovementAllowancesAndTradeAgreements`	$77.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$35.00K	USD	3 Qtrs
Purchases of broadcast assets and radio stations	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$6.53M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$4.20M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$8.52M	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$725.00K	USD	3 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$398.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.88M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.32M	USD	3 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$9.55M	USD	3 Qtrs
Payments to repurchase 6.75% Senior Secured Notes	`PaymentsToRepurchaseSeniorSecuredNotes`	$6.12M	USD	3 Qtrs
Refund (payments) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-11.00K	USD	3 Qtrs
Refund (payments) of debt issuance costs	`RefundPaymentOfDebtIssuanceCosts`	$-43.00K	USD	3 Qtrs
Proceeds from the exercise of stock options	`ProceedsFromStockOptionsExercised`	$43.00K	USD	3 Qtrs
Payments of acquisition-related contingent earn-out consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$140.00K	USD	3 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$73.00K	USD	3 Qtrs
Payments on financing lease liabilities	`PaymentsOnFinancingLeaseLiabilities`	$65.00K	USD	3 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$5.16M	USD	3 Qtrs
Payment of cash distribution on common stock	`PaymentsOfDividendsCommonStock`	$5.10M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.28M	USD	3 Qtrs
Book overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$2.77M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.86M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-10.71M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-110.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$14.00K	USD	3 Qtrs
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	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`	$17.00K	USD	Point-in-time
Cash and cash equivalents at beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.00K	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`	$17.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$117.00K	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.77M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$8.57M	USD	3 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$22.00K	USD	3 Qtrs
Cash paid for interest on finance lease liabilities	`FinanceLeaseInterestPaymentOnLiability`	$7.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$99.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$122.00K	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$5.02M	USD	3 Qtrs
Barter revenue	`SupplementalNoncashBarterRevenue`	$4.11M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$3.67M	USD	3 Qtrs
Barter expense	`SupplementalNoncashBarterExpense`	$4.22M	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$3.00K	USD	3 Qtrs
Capital expenditures reimbursable under tenant improvement allowances	`CapitalExpendituresReimbursableUnderTenantImprovementAllowances`	$77.00K	USD	3 Qtrs
Deferred payments on acquisitions	`DeferredPaymentsOnAcquisitions`	$326.00K	USD	3 Qtrs
Right-of-use assets acquired through operating leases	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$1.85M	USD	3 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$56.00K	USD	3 Qtrs
Right-of-use assets acquired through financing leases	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$14.00K	USD	3 Qtrs
Non-cash capital expenditures for property & equipment acquired under trade agreements	`NonCashCapitalExpendituresForPropertyAndEquipmentAcquiredUnderTradeAgreements`	$90.00K	USD	3 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$194.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$230.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$191.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$177.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$936.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$176.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$400.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$126.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.30M	USD	3 Qtrs
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$22.00K	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$2.00K	USD	1 Quarter
Options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$19.00K	USD	1 Quarter
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`	$1.70M	USD	1 Quarter
Cash distributions	`Dividends`	$1.73M	USD	1 Quarter
Cash distributions	`Dividends`	$1.73M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.64M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.21M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-23.33M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-132.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$322.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$828.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.00M	USD	1 Quarter
Balance	`StockholdersEquity`	$194.67M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.73M	USD	Point-in-time
Balance	`StockholdersEquity`	$231.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$226.45M	USD	Point-in-time
Balance	`StockholdersEquity`	$221.87M	USD	Point-in-time
Balance	`StockholdersEquity`	$230.47M	USD	Point-in-time
Balance	`StockholdersEquity`	$216.23M	USD	Point-in-time
Balance	`StockholdersEquity`	$220.66M	USD	Point-in-time

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