Audacy (AUDAQ) 10-Q 4 Aug 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 21, 2017
Document Information [Line Items]
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Entity Registrant Name	Entercom Communications Corp.
Entity Central Index Key	1,067,837
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Well Known Seasoned Issuer	No
Trading Symbol	ETM
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock Shares Outstanding		33,562,285
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock Shares Outstanding		7,197,532

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets Abstract
Cash	$ 8,592	$ 46,843
Accounts receivable, net of allowance for doubtful accounts	90,337	92,172
Prepaid expenses, deposits and other	8,537	7,670
Total current assets	107,466	146,685
Net property and equipment	65,300	63,375
Radio broadcasting licenses	811,131	823,195
Goodwill	32,320	32,718
Assets held for sale	2,817	0
Deferred charges and other assets, net of accumulated amortization	9,922	10,260
TOTAL ASSETS	1,028,956	1,076,233
Liabilities Abstract
Accounts payable	214	481
Accrued expenses	24,423	18,857
Accrued compensation and other current liabilities	18,797	19,603
Financing method lease obligations, current portion	0	0
Non-controlling interest - variable interest entity	0	23,959
Long-term debt, current portion	13,618	4,817
Total current liabilities	57,052	67,717
Long-term debt, net of current portion	447,396	467,651
Deferred tax liabilities	79,758	92,898
Other long-term liabilities	27,868	26,861
Total long-term liabilities	555,022	587,410
Total liabilities	612,074	655,127
CONTINGENCIES AND COMMITMENTS
Perpetual Cumulative Convertible Preferred Stock	27,732	27,732
SHAREHOLDERS' EQUITY:
Preferred stock	0	0
Common stock	407	407
Additional paid-in capital	599,718	605,603
Accumulated deficit	(210,975)	(212,636)
Accumulated other comprehensive income (loss)	0	0
Total shareholders' equity	389,150	393,374
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	1,028,956	1,076,233
Common Class A [Member]
SHAREHOLDERS' EQUITY:
Common stock	335	335
Common Class B [Member]
SHAREHOLDERS' EQUITY:
Common stock	72	72
Common Class C Member
SHAREHOLDERS' EQUITY:
Common stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Common Stock, Value	$ 407	$ 407
Common Stock, Par Value Per Share	$ 0.01
Common Class A [Member]
Class of Stock [Line Items]
Common Stock, Value	$ 335	335
Common Class B [Member]
Class of Stock [Line Items]
Common Stock, Value	72	72
Common Class C Member
Class of Stock [Line Items]
Common Stock, Value	$ 0	$ 0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement Abstract
NET REVENUES	$ 124,970	$ 121,571	$ 223,971	$ 218,580
OPERATING EXPENSE:
Station operating expenses, including non-cash compensation expense	91,004	83,732	168,170	156,353
Depreciation and amortization expense	2,517	2,517	5,164	4,964
Corporate general and administrative expenses, including non-cash compensation expense	8,876	8,493	19,441	16,091
Impairment loss	441	0	441	62
Merger and acquisition costs and restructuring charges	5,829	0	16,100	0
Net time brokerage agreement (income) fees	0	0	34	0
Net (gain) loss on sale or disposal of assets	(76)	(755)	13,258	(1,219)
Total operating expense	108,591	93,987	222,608	176,251
OPERATING INCOME (LOSS)	16,379	27,584	1,363	42,329
OTHER (INCOME) EXPENSE:
Net interest expense	6,133	9,147	12,110	18,539
Net (gain) loss on extinguishment of debt			0	0
TOTAL OTHER (INCOME) EXPENSE	0	0	0	0
INCOME (LOSS) BEFORE INCOME TAXES (BENEFIT)	10,246	18,437	(10,747)	23,790
INCOME TAXES (BENEFIT)	3,832	7,603	(7,830)	8,544
NET INCOME (LOSS)	6,414	10,834	(2,917)	15,246
Preferred stock dividend	(550)	(412)	(1,100)	(825)
NET INCOME (LOSS) AVAILABLE TO COMMON SHAREHOLDERS	$ 5,864	$ 10,422	$ (4,017)	$ 14,421
NET INCOME (LOSS) PER SHARE - BASIC
NET INCOME (LOSS) PER SHARE - BASIC	$ 0.15	$ 0.27	$ (0.1)	$ 0.37
NET INCOME (LOSS) PER SHARE - DILUTED
NET INCOME (LOSS) PER SHARE - DILUTED	0.15	0.26	(0.1)	0.37
DIVIDENDS DECLARED AND PAID PER COMMON SHARE	$ 0.075	$ 0.075	$ 0.15	$ 0.075
WEIGHTED AVERAGE SHARES:
Basic	38,944,620	38,468,822	38,935,161	38,462,998
Diluted	39,655,599	41,130,418	38,935,161	39,273,532

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Class A [Member]	Common Class B [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]
Opening Balance SHARES at Dec. 31, 2015		32,480,551	7,197,532
Compensation expense related to granting of restricted stock awards SHARES		1,095,759	0
Issuance of common stock related to an incentive plan SHARES		31,933	0
Exercise of stock options SHARES		134,238	0
Purchase of vested employee restricted stock units SHARES		(232,297)	0
Ending Balance SHARES at Dec. 31, 2016		33,510,184	7,197,532
Opening Balance VALUE at Dec. 31, 2015	$ 361,450	$ 325	$ 72	$ 611,754	$ (250,701)
Net income (loss)	38,065	0	0	0	38,065
Compensation expense related to granting of restricted stock awards VALUE	6,539	11	0	6,528	0
Issuance of common stock related to an incentive plan VALUE	379	0	0	379	0
Purchase of vested employee restricted stock units	(2,268)	(2)	0	(2,266)	0
Payments of dividends VALUE	(8,666)	0	0	(8,666)	0
Realization of tax benefit for dividend equivalent payments VALUE					0
Exercise of stock options VALUE	265	1	0	264	0
Preferred stock dividend	(1,788)	0	0	(1,788)	0
Dividend equivalents, net of forfeitures	(602)	0	0	(602)	0
Ending Balance VALUE at Dec. 31, 2016	$ 393,374	$ 335	$ 72	605,603	(212,636)
Compensation expense related to granting of stock options SHARES	0
Compensation expense related to granting of restricted stock awards SHARES		197,978	0
Issuance of common stock related to an incentive plan SHARES		14,833	0
Exercise of stock options SHARES	6,500	6,500	0
Purchase of vested employee restricted stock units SHARES		(163,304)	0
Ending Balance SHARES at Jun. 30, 2017		33,566,191	7,197,532
Net income (loss)	$ (2,917)	$ 0	$ 0	0	(2,917)
Compensation expense related to granting of restricted stock awards VALUE	3,071	2	0	3,069	0
Issuance of common stock related to an incentive plan VALUE	182	0	0	182	0
Purchase of vested employee restricted stock units	(2,503)	(2)	0	(2,501)	0
Payments of dividends VALUE	(5,941)	0	0	(5,941)	0
Forfeitures of dividend equivalents VALUE	(150)	0	0	(150)	0
Exercise of stock options VALUE	22	0	0	22	0
Preferred stock dividend	(1,100)	0	0	(1,100)	0
Ending Balance VALUE at Jun. 30, 2017	$ 389,150	$ 335	$ 72	$ 599,718	$ (210,975)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
OPERATING ACTIVITIES:
Net income (loss)	$ (2,917)	$ 15,246
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	5,164	4,964
Amortization of deferred financing costs	1,166	1,503
Net deferred taxes (benefit) and other	(7,830)	8,544
Tax benefit on exercise of options	0	0
Provision for bad debts	1,365	743
Net (gain) loss on sale or disposal of assets	13,258	(1,219)
Non-cash stock-based compensation expense	3,071	3,019
Net (gain) loss on investments	0	0
Net (gain) loss on derivatives	0	0
Deferred rent	(134)	244
Unearned revenue - long-term	0	0
Net (gain) loss on extinguishment of debt	0	0
Deferred compensation	1,595	730
Tax benefit for vesting of restricted stock unit awards	0	0
Impairment loss	441	62
Net accretion expense for asset retirement obligations	(237)	12
Changes in assets and liabilities:
Accounts receivable	(1,673)	(4,898)
Prepaid expenses and deposits	(1,113)	(2,227)
Accounts payable and accrued liabilities	5,799	(442)
Accrued interest expense	(1,821)	(835)
Accrued liabilities - long-term	(1,033)	(1,188)
Prepaid expenses - long-term	(176)	340
Net cash provided by (used in) operating activities	14,925	24,598
INVESTING ACTIVITIES:
Additions to property and equipment	(6,745)	(2,038)
Proceeds from sale of property, equipment, intangibles and other assets	18	7,114
Purchases of radio station assets	(24,000)	0
Deferred charges and other assets	(299)	(151)
Consolidation of a VIE	(302)	0
Net cash provided by (used in) investing activities	(31,328)	4,925
FINANCING ACTIVITIES:
Proceeds from issuance of long-term debt	34,500	14,500
Proceeds from the financing method of lease obligations	0	102
Payments of long-term debt	(47,008)	(36,258)
Proceeds from issuance of employee stock plan	182	0
Proceeds from the exercise of stock options	22	30
Purchase of vested employee restricted stock units	(2,503)	(2,193)
Payment of dividend equivalents on vested restricted stock units	(104)	(91)
Payment of dividends on common stock	(5,837)	(2,886)
Payments of dividends on preferred stock	(1,100)	(825)
Net cash provided by (used in) financing activities	(21,848)	(27,621)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(38,251)	1,902
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	46,843	9,169
CASH AND CASH EQUIVALENTS, END OF PERIOD	8,592	11,071
Cash paid during the period for:
Interest	13,254	18,307
Income taxes	177	208
Dividends on common stock	5,837	2,886
Dividends on preferred stock	$ 1,100	$ 825

BASIS OF PRESENTATION AND ORGAN

BASIS OF PRESENTATION AND ORGANIZATION (Block)	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements Abstract
Business Description And Basis Of Presentation Text Block	1 . BASIS OF PRESENTATION AND SIGNIFICANT POLICIES The condensed consolidated interim unaudited financial statements included herein have been prepared by Entercom Communications Corp. and its subsidiaries (collectively, the “Company”) in accordance with: ( i ) generally accepted accounting principles (“U.S. GAAP”) for interim financial information; and (ii) the instructions of the Securities and Exchange Commission (the “SEC”) for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not i nclude all of the information and footnotes required by U.S. GAAP for annual financial statements. In the opinion of management, the financial statements reflect all adjustments considered necessary for a fair statement of the results of operations and fi nancial position for the interim periods presented. All such adjustments are of a normal and recurring nature. The Company’s results are subject to seasonal fluctuations and, therefore, the results shown on an interim basis are not necessarily indicative of results for a full year. This Form 10-Q should be read in conjunction with the financial statements and related notes included in the Company’s audited financial statements as of and for the year ended December 31, 2016 , and filed with the SEC on February 28, 2017 , as part of the Company’s Annual Report on Form 10-K. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to such rules and regulations. On February 2, 2017 , the Company and its newly formed wholly owned subsidiary (“Merger Sub”) entered into an Agreement and Plan of Merger (the “CBS Radio Merger Agreement”) with CBS Corporation (“CBS”) and its wholly owned subsidiary CBS Radio, Inc. (“CBS Radio”). Pursuant to the CBS Radio Merger Agreement, Merger Sub will merge with and into CBS Radio with CBS Radio surviving as the Company’s wholly owned subsidiary (the “Merger”). The Merger is expected to be tax free to CBS and its shareholders, and will be effected thro ugh a stock for stock Reverse Morris Trust transaction. The Merger will make the Company a leading local media and entertainment company with a nationwide footprint of stations including positions in all of the top 10 markets and 23 of the top 25 markets. The transactions contemplated by the CBS Radio Merger Agreement are subject to approval by the Company’s shareholders and customary regulatory approvals. Such approvals will require the divestiture of sta tions in certain markets due to FCC ownership limitations. T here have been no material changes from Note 2, Significant Accounting Policies, as described in the notes to the Company’s financial statements c ontained in its Form 10-K for the year ended December 31, 2016 , that was filed with the SEC on February 28, 2017 . Revision of Prior Period Financial Statements for Digital Revenue Contracts In connection with the preparation of the Company’s consolidated financial statements, the Company identified immaterial errors in prior periods relating to the netting of certain digital expenses against certain digital revenues. Since the Company acts as a principal in certain digital revenue contracts, the expenses should not have been netted against gross revenues. The impact of these errors were not material to any pri or period. Consequently, the Company corrected the errors in the second quarter of 2017 by increasing net revenues and station operating expenses on the consolidated statements of operations by the amounts below. As the two line items are adjusted by off setting amounts, the corrections had no impact on income before taxes, income taxes (benefit), net income, earnings per share or diluted earnings per share, shareholders’ equity, cash flows from operations, or working capital. The corrections had no impac t on the consolidated balance sheets or statements of cash flows. The following tables include the revisions to the consolidated statements of operations for the interim and annual periods during 2017 , 2016, 2015 and 201 4 : Three Months Ended Description March 31, 2017 (amounts in thousands) Net Revenues: Prior to revision $ 97,452 Revision 1,549 As revised $ 99,001 Station operating expenses, including non-cash compensation expense: Prior to revision $ 75,617 Revision 1,549 As revised $ 77,166 Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, Description 2016 (amounts in thousands) Net Revenues: Prior to revision $ 96,103 $ 120,478 $ 120,457 $ 123,207 $ 460,245 Revision 906 1,093 1,184 1,343 4,526 As revised $ 97,009 $ 121,571 $ 121,641 $ 124,550 $ 464,771 Station operating expenses, including non-cash compensation expense: Prior to revision $ 71,715 $ 82,639 $ 82,905 $ 81,485 $ 318,744 Revision 906 1,093 1,184 1,343 4,526 As revised $ 72,621 $ 83,732 $ 84,089 $ 82,828 $ 323,270 Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, Description 2015 (amounts in thousands) Net Revenues: Prior to revision $ 78,420 $ 100,592 $ 114,662 $ 117,704 $ 411,378 Revision 589 730 874 910 3,103 As revised $ 79,009 $ 101,322 $ 115,536 $ 118,614 $ 414,481 Station operating expenses, including non-cash compensation expense: Prior to revision $ 59,367 $ 70,000 $ 81,241 $ 77,103 $ 287,711 Revision 589 730 874 910 3,103 As revised $ 59,956 $ 70,730 $ 82,115 $ 78,013 $ 290,814 Year Ended December 31, Description 2014 (amounts in thousands) Net Revenues: Prior to revision $ 379,789 Revision 587 As revised $ 380,376 Station operating expenses, including non-cash compensation expense: Prior to revision $ 259,184 Revision 587 As revised $ 259,771 Recent Accounting Pronouncements All new accounting pronouncements that are in effect that may impact the Company’s financial statements have been implemented. The Company does not believe that there are any other new accounting pronouncements that have been issued, other than as noted below or those included in the notes to the Company’s financial statements contained in its Form 10-K for the year ended December 31, 2016 , that was filed with the SEC on February 28, 2017 , that might have a material imp act on the Company’s financial position, results of operations or cash flows. Definition of a Business In January 2017, the accounting guidance was amended to modify the definition of a business to assist entities with evaluating whether transactions sh ould be accounted for as acquisitions or disposals of assets or businesses. The guidance is effective for the Company as of January 1, 2018, under a prospective application method. The Company is currently in the process of reviewing the new guidance, bu t based upon its preliminary assessment, which is subject to change, the impact of this guidance should not be material to the Company’s financial position, results of operations or cash flows. The guidance could have an impact in a future period if the C ompany acquires or disposes of assets that meet the definition of a business under the amended guidance. Goodwill Impairment In January 2017, the accounting guidance was amended to modify the accounting for goodwill impairment by removing the second ste p of the goodwill impairment test. The guidance is effective for the Company as of January 1, 2020, on a prospective basis, although early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 20 17. The Company elected to early adopt this amended accounting guidance for its annual impairment test during the second quarter of 2017. The results of the Company’s annual goodwill impairment test indicated that the carrying value of the Company’s good will in one particular market exceeded its appraised enterprise value. As a result, the Company wrote off approximately $ 0.4 million of goodwill during the second quarter of 2017. Refer to Note 2 , Intangible Assets and Goodwill, for additional information. Cash Flow Classification In August 2016, the accounting guidance for classifying elements of cash flow was modified. The guidance is effective for the Company as of January 1, 2018, under a retrospective application method. Manag ement does not believe the impact of this guidance will be material to the Company’s financial position, results of operations or cash flows. Stock-Based Compensation In May 2017 , the accounting guidance was amended to clarify modification accounting for stock-based compensation. The guidance is effective for the Company as of January 1, 2018, on a prospective basis, although early adoption is permitted for interim periods. Under the amended guidance, the Company will only apply modification accounti ng for stock-based compensation if there are: (1) changes in the fair value or intrinsic value of share-based compensation; (2) changes in the vesting conditions of awards; and (3) change in the classification of awards as equity instruments or liability i nstruments. The Company is currently in the process of reviewing the new guidance, but based upon its preliminary assessment, which is subject to change, the impact of this guidance should not be material to the Company’s financial position, results of op erations or cash flows. In March 2016, the accounting guidance for stock-based compensation was modified primarily to: (1) record excess tax benefits or deficiencies on stock-based compensation in the statement of operations, regardless of whether the t ax benefits reduce taxes payable in the period; (2) allow an employee’s use of shares to satisfy the employer’s statutory income tax withholding obligation up to the maximum statutory tax rates in the applicable jurisdictions; and (3) allow entities to mak e an accounting policy election to either estimate the number of award forfeitures or to account for forfeitures when they occur . The guidance was effective for the Company on January 1, 2017. As of January 1, 2017, the Company recorded a cumulative-effe ct adjustment to its accumulated deficit of $ 4.6 million on a modified retrospective transition basis. This adjustment was comprised of previously unrecognized excess tax benefits of $ 4.9 million as adjusted fo r the Company’s effective income tax rate, offset by a change to recogniz e stock-based compensation forfeitures when they occur of $ 0.3 million, net of tax. Leasing Transactions In February 2016, the accounting guidance was modified to increase transparency and comparability among organizations by requiring the recognition of right-of-use (“ROU”) assets and lease liabilities on the balance sheet. The most notable change in the standard is the recognition of ROU assets a nd lease liabilities by lessees for those leases classified as operating leases with a term of more than twelve months. This change will apply to the Company’s leased assets such as real estate, broadcasting towers and equipment. Additionally, the Compan y will be required to provide additional disclosures to meet the objective of enabling users of the financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The Company anticipates its accounting for existing c apital leases to remain substantially unchanged. While the Company is currently reviewing the effects of this guidance, the Company believes that this modification would result in: (1) an increase in the ROU assets and liabilities reflected on the Company ’s consolidated balance sheets to reflect the rights and obligations created by operating leases with a term of greater than twelve months; and (2) an increase in amortization expense associated with the ROU assets. This guidance is effective for the Com pany as of January 1, 2019, and must be implemented using a modified retrospective approach, with certain practical expedients available. Revenue Recognition In May 2014, the accounting guidance for revenue recognition was modified and subsequently upda ted with several amendments. Along with these modifications, most industry-specific revenue guidance was eliminated, including a current broadcasting exemption for reporting revenue from network barter programming. The new guidance provides compani es with a revenue recognition model for recognizing revenue from contracts with customers. The core principle of the new standard is to recognize revenue when promised goods or services are transferred to customers, in an amount that reflects the consider ation that the Company expects to be entitled to in exchange for such goods or services. The new guidance also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts, incl uding significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The new guidance may be implemented using a modified retrospective approach or by using a full retrospective approach. The new guidance was originally effective for annual reporting periods beginning after December 15, 2016. In July 2015, the effective date was deferred by one year. As a result, the new guidance is effective for the Company as of January 1, 2018. The Compa ny has completed its initial assessment phase in the implementation process. In connection with this initial phase, the Company performed the following activities: (1) completed an internal assessment of the Company’s operations and identified its signifi cant revenue streams; (2) held revenue recognition conversations with certain of its sales managers and business managers across its markets for each of the identified revenue streams; and (3) reviewed a representative sample of contracts and documented th e key economics of the contracts to identify applicable qualitative revenue recognition changes related to the amended accounting guidance. The Company’s next phase of the implementation process will be to establish and document key accounting policies, a ssess disclosure requirements, determine the impact on business processes and internal controls, and determine the quantitative impact resulting from the amended accounting guidance. This second phase is expected to be completed in the third quarter of 20 17. The Company’s final phase will be to effectively implement the amended accounting guidance and embed the new accounting treatment into the Company’s business processes and internal controls to support the financial reporting requirements. This final phase of the implementation process is expected to be completed in the fourth quarter of 2017. The Company plans to adopt the amended accounting guidance as of January 1, 2018, using the modified retrospective method. The Company is still evaluating the impact that the amended accounting guidance will have on the Company’s consolidated financial statements and will be unable to quantify its impact until it completes the final phase of its implementation process. Based upon its preliminary assessment, wh ich is subject to change, the impact of this guidance should not be material to the Company’s financial position, results of operations or cash flows.

INTANGIBLE ASSETS AND GOODWILL

INTANGIBLE ASSETS AND GOODWILL (Block)	6 Months Ended
	Jun. 30, 2017
Goodwil And Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets Disclosure Text Block	2 . INTANGIBLE ASSETS AND GOODWILL Goodwill and certain intangible assets are not amortized for book purposes. They may be, however, amortized for tax purposes. The Company accounts for its acquired broadcasting licenses as indefinite-lived intangible assets and, similar to goodwill, these assets are reviewed at least annually for impairment. At the time of each review, if the fair val ue is less than the carrying value of goodwill and certain intangibles (such as broadcasting licenses), then a charge is recorded to the results of operations. There was no material change in the carrying value of broadcasting licenses or goodwill since the year ended December 31, 2016 , other than as described below. The Company recorded a $ 13.5 million loss in the first quarter of 2017 in net gain/loss on sale or disposal of assets as a result of the Company permanently discontinuing the operation of one of its stations and returning the station’s broadcasting license to the FCC for cancellation, in order to facilitate the Merger. Additionall y, the carrying value of the broadcasting licenses at December 31, 2016, included the broadcasting licenses of a consolidated Variable Interest Entity (“VIE”) of approximately $15.7 million. These consolidated assets and liabilities of the VIE related to a pending acquisition of four radio stations in Charlotte, North Carolina. On October 17, 2016, the Company entered into an asset purchase agreement and a time brokerage agreement (“TBA”) to operate three of the four radio stations that were held in a tru st (“Charlotte Trust”). As such, the amounts of the consolidated VIE at December 31, 2016, represented only the assets and liabilities of the three stations held in the Charlotte Trust. Upon the completion of this transaction on January 6, 2017, the Comp any deconsolidated broadcasting licenses attributable to the VIE and recorded broadcasting licenses of all four radio stations based upon the preliminary purchase price allocation. Refer to Note 9 , Business Combinations, for additional information. During the second quarter of 2017, the Company performed its annual impairment test of its goodwill and determined that the carrying amount of goodwill exceeded its fair value for the Boston, Massachusetts market and recorded an impairment los s of $ 0.4 million . A contributing factor to the impairment was a decline in the advertising dollars in the Boston, Massachusetts market and its effect on the Company’s operations, coupled with an increase in the carrying value of its assets. The following table presents the changes in broadcasting licenses as described above: Broadcasting Licenses Carrying Amount June 30, December 31, 2017 2016 (amounts in thousands) Beginning of period balance as of January 1, $ 823,195 $ 807,381 Disposition of FCC broadcasting license (13,500) - Consolidation (deconsolidation) of a VIE (15,738) 15,738 Acquisition of radio stations 17,174 - Acquisitions - other - 112 Disposition of radio stations previously reflected as held for sale - (36) Ending period balance $ 811,131 $ 823,195 The following table presents the changes in goodwill primarily as a result of acquisitions of radio stations and the Company’s annual impairment test. Goodwill Carrying Amount June 30, December 31, 2017 2016 (amounts in thousands) Goodwill balance before cumulative loss on impairment as of January 1, $ 158,333 $ 158,244 Accumulated loss on impairment as of January 1, (125,615) (125,615) Goodwill beginning balance after cumulative loss on impairment as of January 1, 32,718 32,629 Loss on impairment during year (441) - Acquisition of radio stations 43 - Adjustment to acquired goodwill associated with an assumed fair value liability - 92 Disposition of radio stations previously reflected as assets held for sale - (3) Ending period balance $ 32,320 $ 32,718 Broadcasting Licenses Impairment Test The Company performs its annual broadcasting license impairment test during the second quarter of each year by evaluating its broadcasting licenses for impairment at the market level using the direct method . During the second quarter of the current year and each of the past several years, t he Company completed its annual impairment test for broadcasting licenses and determined that the fair value of its broadcasting licenses was greater than the amount reflected in the balance sheet for each of the Company’s markets and, accordingly, no impairment was recorded. The annual impairment test in 2017 did not include the new market adde d during the first quarter of 2017 . For the new market added dur ing the first quarter of 2017 , similar valuation techniques that are used in the testing process were applied to the valuation of the broadcasting licenses under purchase price accounting . E ach market’s broadcasting licenses are combined into a single unit of accounting for purposes of testing impairment, as the broadcasting licenses in each market are operated as a single asset. The Company determines the fair value of the broadcasting licenses in each of its markets by relying on a discounted cash flow approach (a 10 - year income model) assuming a start-up scenario in which the only assets held by an investor are broadcasting licenses. The Company’s fair value analysis contains assumptions based upon past experience , reflects expectations of industry observers and includes judgments about future performance using industry normalized information for an average station within a certain market. These as sumptions include, but are not limited to: (1) the discount rate; (2) the market share and profit margin of an average station within a market, based upon market size and station type ; (3) the forecast growth rate of each radio market; ( 4 ) the estimated ca pital start-up costs and losses incurred during the early years; (5) the likely media competition within the market area ; (6) the tax rate; and (7) future terminal values. The methodology used by the Company in determining its key estimates and assumpti ons was applied consistently to each market. Of the seven variables identified above, the Company believes that the assumptions in items (1) through (3) above are the most important and sensitive in the determination of fair value. The following table reflects the estimates and assumptions used in the second quarter of each year ( no interim tests were performed in these years) : Estimates And Assumptions Second Second Quarter Quarter 2017 2016 Discount rate 9.25% 9.5% Operating profit margin ranges expected for average stations in the markets where the Company operates 19% to 40% 14% to 40% Long-term revenue growth rate range of the Company's markets 1.0% to 2.0% 1.0% to 2.0% The Company has made reasonable estimates and assumptions to calculate the fair value of its broadcasting licenses. T hese estimates and assumptions could be materially different from actual results. If actual market conditions are less favorable than those projected by the industry or the Company, or if events occur or circumstances change that would reduce the fair value of the Company’s broadcasting licenses below the amount reflected in the balance sheet, the Company may be required to conduct an interim test and possibly recognize impairment charges, which may be material, in future periods. Goodwill Impairment Test The Company performs its annual goodwill impairment test during the second quarter of each year by evaluating its goodwill for each reporting unit. As described above, the Company elected to early adopt the amended accounting guidance which simplifies the test for goodwill impairment . The amended guidance eliminates the second step of the goodwill impairment test, which reduces the cost and complexity of evaluating goodwill for impairment. Under the former accounting guidance, the second step of the impairment test required the Comp any to compute the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. Under the amended guidance, if the carrying amou nt of goodwill of a reporting unit exceeds its fair value, the Company will consider the goodwill to be impaired. The Company has determined that a radio market is a reporting unit and the Company assesses goodwill in each of the Company’s markets . Under the amended guidance, i f the fair value of any reporting unit is less than the amount reflected on the balance sheet, the Company will recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized will not exceed the total amount of goodwill allocated to the reporting unit. Under the amended guidance, t he Company first assesses qualitative factors to determine whether it is necessary to perform a quantitative assessment for each reporting unit . These qualitative factors include, but are not limited to: (1) macroeconomic conditions; (2) radio broadcasting industry considerations; (3) financial performance of reporting units; (4) Company-specific events; and (5) a sustained decrease in the Company’s shar e price. If the quantitative assessment is necessary, the Company determines the fair value of the goodwill allocated to each reporting unit . To determine the fair value, the Company uses a market approach and, when appropriate, an income approach in co mputing the fair value of each reporting unit. The market approach calculates the fair value of each market’s radio stations by analyzing recent sales and offering prices of similar properties expressed as a multiple of cash flow . The income approach utilizes a discounted cash flow method by projecting the subject property’s income over a specified time and capitalizing at an appropriate market rate to arrive at an indication of the most probable selling price . Management believes that these approach es are commonly used and appropriate methodologies for valuing broadcast radio stations. Factors contributing to the determination of the reporting unit’s operating performance were historical performance and/or management’s estimates of future performanc e . The following table reflects the estimates and assumptions used in the second quarter of each year ( no interim tests were performed in these years): Estimates And Assumptions Second Second Quarter Quarter 2017 2016 Discount rate 9.25% 9.5% Long-term revenue growth rate range of the Company's markets 1.0% to 2.0% 1.0% to 2.0% Market multiple used in the market valuation approach 7.5x to 8.0x 7.5x to 8.0x During the second quarter of the current year, the Company’s quantitative assessment indicated that the goodwill allocated to its Boston, Massachusetts market was impaired. The Company also performed a reasonableness test on the fair value results for goodwill on a combined basis by comparing the carrying value of the Company’s assets to the C ompany’s enterprise value based upon its stock price , shares outstanding, total debt and preferred stock outstanding, and cash on hand . The Company determine d that the results were reasonable . If actual market conditions are less favorable than those projected by the industry or the Company, or if events occur or circumstances change that would reduce the fair value of the Company’s goodwill below the amount reflected in the balance sheet, the C ompany may be required to conduct an interim test and possibly recognize impairment charges, which could be material, in future periods.

OTHER CURRENT LIABILITIES (Bloc

OTHER CURRENT LIABILITIES (Block)	6 Months Ended
	Jun. 30, 2017
Other Liabilities Disclosure Abstract
Accounts Payable Accrued Liabilities And Other Liabilities Disclosure Current Text Block	3 . OTHER CURRENT LIABILITIES O ther current liabilities consist of the following as of the periods indicated: Other Current Liabilities June 30, December 31, 2017 2016 (amounts in thousands) Accrued compensation $ 9,115 $ 8,059 Accounts receivable credits 2,397 3,571 Advertiser obligations 1,118 1,102 Accrued interest payable 1,766 3,587 Other 4,401 3,284 Total other current liabilities $ 18,797 $ 19,603

LONG-TERM DEBT (Block)

LONG-TERM DEBT (Block)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Debt Disclosure Text Block	4 . LONG-TERM DEBT (A) Senior Debt The Credit Facility On November 1, 2016 , the Company and its wholly owned subsidiary, Entercom Radio LLC, (“Radio”) entered into a $ 540 million credit agreement (the “Credit Facility”) with a syndicate of lenders that was initially comprised of: (a) a $ 60 million revolving credit facility (the “Revolver”) that matures on November 1, 2021; and (b) a $ 480 million term B loan (the “Term B Loan”) that matures on November 1, 2023. As of June 30, 2017 , the amount outstanding under the Term B Loan was $ 458.0 million and the amount outstanding under the Revolver was $ 9.5 milli on. The amount available under the Revolver, which includes the impact of the outstanding letters of credit, was $ 49.8 million as of June 30, 2017 . Long-term debt was comprised of the following as of June 30, 2017 : Long-Term Debt June 30, December 31, 2017 2016 (amounts in thousands) Credit Facility Revolver, due November 1, 2021 $ 9,500 $ - Term B Loan, due November 1, 2023 458,000 480,000 467,500 480,000 Other Debt Capital lease and other 78 87 Total debt before deferred financing costs 467,578 480,087 Current amount of long-term debt (13,618) (4,817) Deferred financing costs (excludes the revolving credit) (6,564) (7,619) Total long-term debt, net of current debt $ 447,396 $ 467,651 Outstanding standby letters of credit $ 670 $ 670 The Term B Loan requires mandatory prepayments equal to a percentage of Excess Cash Flow, which is defined within the agreement, subject to incremental step-downs, depending on the Consolidated Leverage Ratio. Beginning in 2018, the Excess Cash Flow payment will be due in the first quarter of each year, and is based on the Excess Cash Flow and Leverage Ratio for the prior year. The estimated Excess Cash Flow payment due in the first quarter of 2018 is included under the current portion of long-term d ebt, net of any prepayments. As of June 30, 2017 , the Company’s Consolidated Leverage Ratio was 4.3 times versus a covenant limit of 5.0 times and the Consolidated Inter est Coverage Ratio was 4.2 times versus a covenant minimum of 2.0 times . A s of June 30, 2017 , the Company was in compliance with all financial covenants and all other terms of th e Credit Facility in all material respects . The Company’s ability to maintain compliance with its covenants under the Credit Facility is highly dependent on its results of operations. Management believes that over the next 12 months the Company can continue to maintain compliance. Management believes that cash on hand, cash from t he Revolver and cash from operating activities, together with the proceeds of the committed financing described below, will be sufficient to permit the Company to meet its liquidity requirements over the next 12 months, including its debt repayments. Failure to comply with the Company’s financial covenants or other terms of its Credit Facility and any subsequent failure to negotiate and obtain any required relief from its lenders could result in a default under the Credit Facility. Any event of default could have a material adverse effect on the Company’s business and financial condition. The acceleration of the Company’s debt could have a material adverse effect on its business. The Company may seek from time to time to a mend its Credit Facility or obtain other funding or additional funding, which may result in higher interest rates on its debt. In connection with the CBS Radio Merger Agreement, CBS Radio entered into a commitment letter with a syndicate of lenders (the “Commitment Parties”), pursuant to which the Commitment Parties committed to provide up to $ 500 million of senior secured term loans (the “CBS Radio Financing”) as an additional tranche under a credit agreement (the “CBS Radio Credit Agreement”) among CBS Radio, the guarantors named therein, the lenders named therein, and JPMorgan Chase Bank, N.A., as administrative agent. The proceeds of this additional tranche will be used to: (1) refinance the Company’s Credit Facility; (2) redeem the Company’s Perpetual Cumulative Convertible Preferred Stock (“Preferred”) ; and (3) pay fees and expenses in connec tion with the refinancing. O n March 3, 2017, CBS Radio entered into an amendment to the CBS Radio Credit Agreement, to, among other things, create a tranche of Term B-1 Loans in an aggregate principal amount not to exceed $500 million. The Term B-1 Loans, which replace the commitment, are expected to be funded by the Commitment Parties on the closing date of the Merger, subject to customary conditions. The Term B-1 Loans will be governed by the CBS Radio Credit Agreement and will mature on the date that i s seven years after the closing date of the Merger. The Term B-1 Loans will require quarterly principal payments at an annual rate of 1 % of the initial principal amount of the Term B-1 Loans, beginning with the first full fiscal quarter ending after the cl osing of the Merger. The Term B-1 Loans are expected to bear interest at a per annum rate equal to LIBOR plus 2.75 %. Interest on the Term B-1 Loans will be payable at the end of each interest period, but in no event less frequently than quarterly. ( B ) Senior Unsecured Debt The Senior Notes In 2016, the Company issued a call notice to redeem its $ 220.0 million 10.5 % unsecured Senior Notes due December 1, 2019 (the “Senior Notes”) in full with an effective date of December 1, 2016, that was funded by the proceeds of the Credit Facility. As a result of the full redemption of the Senior Notes with replacement debt at a lower interest rate, the net interest expense for the first two quarters of 2017 was reduced and does not includ e amortization of original issue discount of Senior Notes. ( C ) Net Interest Expense The components of net interest expense are as follows: Net Interest Expense Six Months Ended June 30, 2017 2016 (amounts in thousands) Interest expense $ 10,993 $ 17,057 Amortization of deferred financing costs 1,166 1,319 Amortization of original issue discount of senior notes - 184 Interest income and other investment income (49) (21) Total net interest expense $ 12,110 $ 18,539 Net Interest Expense Three Months Ended June 30, 2017 2016 (amounts in thousands) Interest expense $ 5,579 $ 8,435 Amortization of deferred financing costs 580 631 Amortization of original issue discount of senior notes - 93 Interest income and other investment income (26) (12) Total net interest expense $ 6,133 $ 9,147

SHAREHOLDERS' EQUITY (Block)

SHAREHOLDERS' EQUITY (Block)	6 Months Ended
	Jun. 30, 2017
Stockholders Equity Note Abstract
Stockholders Equity Note Disclosure Text Block	11 . SHAREHOLDERS’ EQUITY Dividend Equivalents The Company’s grants of RSUs include the right, upon vesting, to receive a cash payment equal to the aggregate amount of dividends, if any, that holders would have received on the shares of common stock underlying their RSUs if such RSUs had been vested during the period. The fol lowing table presents the amounts accrued and unpaid on unvested RSUs: Dividend Equivalent Liabilities Balance Sheet June 30, December 31, Location 2017 2016 (amounts in thousands) Short-term Other current liabilities $ 251 $ 260 Long-term Other long-term liabilities 507 348 Total $ 758 $ 608 Employee Stock Purchase Plan The Company adopted the Entercom 2016 Employee Stock Purchase Plan (the “ESPP”) during the second quarter of 2016 that commenced with the third quarter of 2016. The ESPP allows participants to purchase the Company’s stock at a price equal to 85 % of the market value of such shares on the purchase date. The maximum number of shares authorized to be issued under the ESPP is 1.0 million. Pursuant to this plan, the Company does not record compensation expe nse to the employee as income subject to tax on the difference between the market value and the purchase price, as this plan was designed to meet the requirements of Section 423(b) of the Internal Revenue Code. The Company recognizes the 15 % discount in the Company’s consolidated statements of operations as non-cash compensation expense. Pursuant to the CBS Radio Merger Agreement, until the earlier of the termination of the CBS Radio Merger Agreement or the consummation of the Merger, t he Company has agreed not to issue or authorize any shares of its capital stock. As a result, the Company effectively suspended the ESPP during the second quarter of 2017. There were no shares purchased and the Company did not recognize any non-cash compensation exp ense in connection with the ESPP during the three months ended June 30, 2017 . The Company plans to resume the ESPP after the consummation of the Merger, which is expected to occur in the fourth quarter of 2017. Six Months Ended June 30, 2017 2016 (amounts in thousands) Number of shares purchased 15 - Non-cash compensation expense recognized $ 32 $ -

SHARE-BASED COMPENSATION (Block

SHARE-BASED COMPENSATION (Block)	6 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Disclosure Of Compensation Related Costs Share Based Payments Text Block	6 . SHARE-BASED COMPENSATION Under the Entercom Equity Compensation Plan (the “Plan”), the Company is authorized to issue share-based compensation awards to key employees, directors and consultants. Restricted Stock Units (“RSUs”) Activity The following is a summary of the changes in RSUs under the Plan during the current period: Number Weighted Aggregate Of Weighted Average Intrinsic Restricted Average Remaining Value As Of Stock Purchase Contractual June 30, Period Ended Units Price Term (Years) 2017 RSUs outstanding as of: December 31, 2016 2,074,794 RSUs awarded 206,603 RSUs released (455,153) RSUs forfeited (8,625) RSUs outstanding as of: June 30, 2017 1,817,619 $ - 1.5 $ 18,812,357 RSUs vested and expected to vest as of: June 30, 2017 1,817,619 $ - 1.5 $ 18,812,357 RSUs exercisable (vested and deferred) as of: June 30, 2017 48,880 $ - - $ 505,908 Weighted average remaining recognition period in years 2.2 Unamortized compensation expense $ 9,726,425 RSUs With Service And Market Conditions T he Company issued RSUs with service and market conditions that are included in the table above. These shares vest if: (1) the Company’s stock achieves certain shareholder performance targets ov er a defined measurement period; and (2) the employee fulfills a minimum service period. The compensation expense is recognized even if the market conditions are not satisfied and are only reversed in the event the service period is not met, as all of the conditions ne ed to be satisfied. These RSUs are amortized over the longest of the explicit, implicit or derived service periods, which range from approximately one to three years. The following table presents the changes in outstanding RSUs with market conditions: Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands, except per share data) Reconciliation Of RSUs With Market Conditions Beginning of period balance 630 390 Number of RSUs granted - 470 Number of RSUs forfeited - - Number of RSUs vested (50) (230) End of period balance 580 630 Weighted average fair value of RSUs granted with market conditions $ - $ 7.34 The fair value of RSUs with service conditions is estimated using the Company’s closing stock price on the date of the grant. To determine the fair value of RSUs with service and market conditions, the Company used the Monte Carlo simulation lattice model. The Company’s determination of the fair value was based on the number of shares granted, the Company’s stock price on the date of grant and certain assumptions regarding a number of highly complex and subjective variables. If other reasonable assumptions were used, the results could differ. The specific assumptions used for these valuations are as follows: Six Months Year Ended Ended June 30, December 31, 2017 2016 Expected Volatility Term Structure (1) 34% to 45% 35% to 45% Risk-Free Interest Rate (2) 0.1% to 1.1% 0.4% to 1.1% Annual Dividend Payment Per Share (Constant) (3) $ 0.30 $ 0.30 RSUs With Service And Performance Conditions In addition to the RSUs included in the table above summarizing the activity in RSUs under the Plan, the Company issued RSUs with both service and performance conditions. Vesting of performance-based awards, if any, is dependent upon the achievement of certain performance targets . If the performance standards are not achieved, all unvested shares will expire and any accrued expense will be reversed . The Company determines the requisite service period on a cas e-by-case basis to determine the expense recognition period for non-vested performance based RSUs. The fair value is determined based upon the closing price of the Company’s common stock on the date of grant. The Company applies a quarterly probability as sessment in computing its non-cash compensation expense and any change in the estimate is reflected as a cumulative adjustment to expense in the quarter of the change. The following table reflects the activity of RSUs with service and performance condit ions: Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands, except per share data) Reconciliation Of RSUs With Service And Performance Conditions Beginning of period balance - 29 Number of RSUs granted - - Number of RSUs that did not meet criteria - (29) Number of RSUs vested - - Average fair value of RSUs granted with performance conditions $ - $ - As of June 30, 2017 , no non-cash compensation expense was recognized for RSUs with performance conditions . Option Activity The following table provides summary information related to the exercise of stock options: Six Months Ended June 30, Option Exercise Data 2017 2016 (amounts in thousands) Intrinsic value of options exercised $ 58 $ 238 Tax benefit from options exercised (1) $ 23 $ 92 Cash received from exercise price of options exercised $ 22 $ 30 The following table presents the option activity during the current period under the Plan: Weighted Intrinsic Weighted Average Value Average Remaining As Of Number Of Exercise Contractual June 30, Period Ended Options Price Term (Years) 2017 Options outstanding as of: December 31, 2016 329,562 $ 1.91 Options granted - - Options exercised (6,500) 3.37 Options forfeited - - Options expired (125) 1.34 Options outstanding as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Options vested and expected to vest as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Options vested and exercisable as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Weighted average remaining recognition period in years - Unamortized compensation expense $ - The following table summarizes significant ranges of outstanding and exercisable options as of the current period: Options Outstanding Options Exercisable Number Of Weighted Number Of Options Average Weighted Options Weighted Range Of Outstanding Remaining Average Exercisable Average Exercise Prices June 30, Contractual Exercise June 30, Exercise From To 2017 Life Price 2017 Price $ 1.34 $ 1.34 300,437 1.6 $ 1.34 300,437 $ 1.34 $ 2.02 $ 11.78 22,500 1.2 $ 9.12 22,500 $ 9.12 $ 1.34 $ 11.78 322,937 1.6 $ 1.88 322,937 $ 1.88 Recognized Non-Cash Stock-Based Compensation Expense The following non-cash stock-based compensation expense, which is related primarily to RSUs, is included in each of the respective line items in our statement of operations: Six Months Ended June 30, 2017 2016 (amounts in thousands) Station operating expenses $ 577 $ 590 Corporate general and administrative expenses 2,494 2,429 Stock-based compensation expense included in operating expenses 3,071 3,019 Income tax benefit (1) 1,004 1,083 After-tax stock-based compensation expense $ 2,067 $ 1,936 Three Months Ended June 30, 2017 2016 (amounts in thousands) Station operating expenses $ 372 $ 363 Corporate general and administrative expenses 1,105 1,174 Stock-based compensation expense included in operating expenses 1,477 1,537 Income tax benefit (1) 495 531 After-tax stock-based compensation expense $ 982 $ 1,006

NET INCOME (LOSS) PER COMMON SH

NET INCOME (LOSS) PER COMMON SHARE (Block)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share Abstract
Earnings Per Share Text Block	5 . NET INCOME (LOSS) PER COMMON SHARE The following tables present the computations of basic and diluted net income (loss) per share: Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (amounts in thousands except per share data) Basic Income (Loss) Per Share Numerator Net income (loss) available to the Company $ 6,414 $ 10,834 $ (2,917) $ 15,246 Preferred stock dividends 550 412 1,100 825 Net income (loss) available to common shareholders $ 5,864 $ 10,422 $ (4,017) $ 14,421 Denominator Basic weighted average shares outstanding 38,945 38,469 38,935 38,463 Basic net income (loss) per share available to common shareholders $ 0.15 $ 0.27 $ (0.10) $ 0.37 Diluted Income (Loss) Per Share Numerator Net income (loss) available to the Company $ 6,414 $ 10,834 $ (2,917) $ 15,246 Preferred stock dividends 550 - 1,100 825 Net income (loss) available to common shareholders $ 5,864 $ 10,834 $ (4,017) $ 14,421 Denominator Basic weighted average shares outstanding 38,945 38,469 38,935 38,463 Effect of RSUs and options under the treasury stock method 711 738 - 811 Preferred stock under the as if converted method - 1,923 - - Diluted weighted average shares outstanding 39,656 41,130 38,935 39,274 Diluted net income (loss) per share available to common shareholders $ 0.15 $ 0.26 $ (0.10) $ 0.37 Disclosure Of Anti-Dilutive Shares The following table presents those shares excluded as they were anti-dilutive: Three Months Ended Six Months Ended June 30, June 30, Impact Of Equity Issuances 2017 2016 2017 2016 (amounts in thousands, except per share data) Shares excluded as anti-dilutive under the treasury stock method: Options 14 - - 13 Price range of options: from $ 11.31 $ - $ - $ 11.36 Price range of options: to $ 11.78 $ - $ - $ 11.78 RSUs with service conditions 328 - 78 - RSUs excluded with service and market conditions as market conditions not met 267 628 267 628 RSUs excluded with service and performance conditions as performance conditions not met - 21 - 21 Perpetual cumulative convertible preferred stock treated as anti-dilutive under the as if method 1,962 - 1,962 1,923 Excluded shares as anti-dilutive when reporting a net loss - - 1,026 -

INCOME TAXES (Block)

INCOME TAXES (Block)	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure Abstract
Income Tax Disclosure Text Block	7 . INCOME TAXES Tax Rates For The Six Months And Three Months Ended June 30, 2017 T he effective income tax rates were 72.9 % and 37.4 % for the six months and three months ended June 30, 2017 , respectively. These rates were impacted by: (1) merger and acquisition costs that result in an increase in the annual estimated effective tax rate; and (2) a discrete windfall income tax benefit, described below. The annual estimated effective tax rate is estimated to be higher than in previous years primarily due to the amount of merger and acquisition costs forecasted for 2017 as a result of the Merger, as a significant portion of these costs are not deductible for federal and state income tax purpose s. As a result of adopting the amended accounting guidance for stock-based compensation on January 1, 2017, the Company recorded, for the six months ended June 30, 2017 , a discrete windfall income tax benefit of $ 0.8 million from the vesting o f stock-based awards with tax deductions in excess of the compensation expense recorded. Refer to Note 1 , Basis of Presentation and Significant Policies, for additional information. Tax Rates For The Six Months And Three Months Ended June 30, 2016 The effective income tax rates were 35.9 % and 41.2 % for the six months and three months ended June 30, 2016 , respectively. These rates were impacted by discrete income tax benefits from recent legislation in cert ain single member states that allowed for: (1) the reversal of partial valuation allowances; and (2) a retroactive decrease in deferred tax liabilities associated with non-amortizable assets such as broadcasting licenses and goodwill. The income tax rate was also impacted by income tax expense from: (i) an increase in deferred tax liabilities associated with non-amortizable assets such as broadcasting licenses and goodwill; (ii) an adjustment for expenses that are not deductible for tax purposes; and (iii) a tax benefit shortfall associated with share-based awards. Net Deferred Tax Assets And Liabilities As of June 30, 2017 , and December 31, 2016 , net deferred tax liabilities were $ 79.8 million and $ 92.9 million, respectively. The income tax accounting process to determine the deferred tax liabilities involves estimating all temporary differences between the tax and financial reporting bases of the Company’s assets and liabilities, based on enacted tax laws and statutory tax rates applicable to the period in which the diffe rences are expected to affect taxable income. The Company estimated the current exposure by assessing the temporary differences and computing the provision for income taxes by applying the estimated effective tax rate to income.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS (Block)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures Abstract
Fair Value Disclosures Text Block	8 . FAIR VALUE OF FINANCIAL INSTRUMENTS Fair Value Of Financial Instruments Subject To Fair Value Measurements Recurring Fair Value Measurements The following table set s forth the Company's financial assets and /or liabilities that were accounted for at fair value on a recurring basis and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company's assessment of the significance of a particular input to the fair value measurement requires judgment and may affect the valuation of fair value and its placement within the fair value hierarchy levels. Fair Value Measurements At Reporting Date June 30, December 31, Description 2017 2016 (amounts in thousands) Liabilities Deferred compensation - Level 1 (1) $ 11,747 $ 10,875 (1) The Company’s deferred compensation liability, which is included in other long-term liabilities, is recorded at fair value on a recurring basis. The unfunded plan allows participants to hypothetically invest in various specified investment options. The deferred compensation plan liability is valued at Level 1 as it is based on quoted market prices of the underlying investments. Non-Recurring Fair Value Measurements The Company has certain assets that are measured at fair value on a non-recurring basis and are adjusted to fair value only when the carrying values are more than the fair values. The categorization of the framework used to price the assets is considered Level 3, due to the subjective nature of the unobservable inputs used to determine the fair valu e . During the quarters ended June 30, 2017 and 2016 , the Company reviewed the fair value of its broadcasting licenses, goodwill and net property and equipment and other intangibles, and concluded that its broadcasting licenses and net property and equipment were not impaired as the fair value of these asse ts equaled or exceeded their carrying value. The Company concluded that the carrying value of goodwill allocated to its Boston, Massachusetts market exceeded its fair value. Accordingly, the Company wrote off approximately $ 0.4 million of goodwill during t he second quarter of 2017. Refer to Note 2 , Intangible Assets and Goodwill, for additional information. Fair Value Of Financial Instruments Subject To Disclosures The carrying amount of the following assets and liabilities approximates fair value due to the short maturity of these instruments: (1) cash and cash equivalents; (2) accounts receivable; and (3) accounts payable, including accrued liabilities. The following table presents the carrying value of financial instruments and, where practicable, the fair value as of the periods indicated: June 30, December 31, 2017 2016 Carrying Fair Carrying Fair Value Value Value Value (amounts in thousands) Term B Loan (1) $ 458,000 $ 460,004 $ 480,000 $ 487,200 Revolver (2) $ 9,500 $ 9,500 $ - $ - Other debt (3) $ 78 $ 87 The following methods and assumptions were used to estimate the fair value of financial instruments: (1) The Company’s determination of the fair value of the Term B Loan w a s based on quoted prices for this instrument and is considered a Level 2 measurement as the pricing inputs are other than quoted prices in active markets . (2) The fair value of the Revolver was considered to approximate the carrying value as the interest payments are based on LIBOR rates that reset periodically. The Revolver is considered a Level 2 measurement as the pricing inputs are other than quoted prices in active markets . ( 3 ) The Company does not believe it is practicable to estimate the fair value of the other debt.

ACQUISITIONS AND OTHER (Block)

ACQUISITIONS AND OTHER (Block)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Mergers Acquisitions And Dispositions Disclosures Text Block	9 . BUSINESS COMBINATIONS The Company consummated acquisitions under the acquisition method of accounting, and the purchase price was allocated to the assets and liabilities based upon their respective fair values as determined as of the acquisition date. Merger and acquisition costs are excluded from the purchase price as these costs are expensed for book purposes and amortized for tax purposes. 2017 Charlotte Acquisition On January 6, 2017, the Company completed a transaction to acquire four radio stations in Charlotte, North Carolina from Beasley Broadcast Group, Inc. (“Beasley”) for a purchase price of $ 24 million in cash . The Company used cash on hand to fund the acquisition. On October 17, 2016, the Company entered into an asset purchase agreement and a TBA with Beasley to operate three of the four radio stations that were held in the Charlotte Trust. On November 1, 2 016, the Company commenced operations of the radio stations held in the Charlotte Trust and began operating the fourth station upon closing on the acquisition with Beasley in January 2017 . During the period of the TBA , the Company included net revenues, station operating expenses and monthly TBA fees associated with operating these stations in the Company’s consolidated financial statements. The allocations presented in the table below are based upon management’s estimate of the fair values using valua tion techniques including income, cost and market approaches. In estimating the fair value of the acquired FCC broadcasting licenses , the fair value estimates are based on, but not limited to, expected future revenue and cash flows that assume an expected future growth rate of 1.0 % ; and an estimated discount rate of 9.0 %. The gross profit margins utilized were considered appropriate based on management’s expectations and experience in equivalent sized markets. The Company determines the fair value of the broadcasting licenses by relying on a discounted cash flow approach assuming a start-up scenario in which the only assets held by an investor are broadcasting licenses. The Company’s fair value analysis contains as sumptions based upon past experience, reflects expectations of industry observers and includes judgments about future performance using industry normalized information for an average station within a certain market. Any excess of the purchase price over th e net assets acquired was reported as goodwill. The following preliminary purchase price allocations are based upon the valuation of assets and liabilities and these estimates and assumptions are subject to change as the Company obtains additional information during the measurement period, which may be up to one year from the acquisition date. These assets and liabilities pending finalization include intangible assets and liabilities. Differences between the preliminary and final valuation could b e substantially different from the initial estimates. January 6, Useful Lives In Years Description 2017 From To (amounts in thousands) Assets Land $ 2,539 non-depreciating Buildings 217 15 25 Equipment 4,569 3 40 Total property plant and equipment 7,325 Deferred tax asset 287 life of underlying asset Radio broadcasting licenses and goodwill 17,384 non-amortizing Total assets 24,996 Liabilities Unfavorable lease liabilities 735 over remaining lease life Deferred tax liability 261 life of underlying liability Total liabilities 996 Net assets $ 24,000 2016 Disposition In March 2016, the Company sold certain assets of KRWZ AM in Denver, Colorado, for $ 3.8 million in cash. The Company believes that the sale of this station, with a marginal market share, did not alter the Company’s competitive position in the market. The Company reported a gain, net of expenses, of $ 0.3 million on the disposition of these assets . Pending Acquisition of CBS Radio On February 2, 2017, the Company and Merger Sub entered into a material definitive agreement with CBS and CBS Radio, and CBS and CBS Radio also entered into an agreement that provides for the separation of CBS Radio from CBS (the “Separation Agreement”), which together provide for the combination of the Company’s business and CBS’s radio business. Prior to February 2, 2017, CBS transferred substantially all of the assets and liabilities of CBS’s radio business to CBS Radi o. At the time of the signing of the CBS Radio Merger Agreement on February 2, 2017, CBS Radio had two classes of common stock, the Radio Series 1 Common Stock, par value $ 0.01 per share (the “Radio Series 1 Common Stock”) and the Radio Series 2 Common Sto ck, par value $0.01 per share (the “Radio Series 2 Common Stock”), collectively, (the “Radio Existing Common Stock”). Prior to the Merger, CBS and CBS Radio will first complete a series of internal distributions and transactions (collectively, the “Radio R eorganization”). Following the consummation of the Radio Reorgan ization, CBS will consummate an offer to exchange all of the outstanding shares of Radio Existing Common Stock for outstanding shares of CBS Class B Common Stock (the “Final Distribution”). CBS Broadcasting , Inc. will first distribute (the “First Distribution”) all of the outstanding equity of CBS Radio to Westinghouse CBS Holding Company, Inc. (“Westinghouse”). Westinghouse will then distribute all of the outstanding equity of CBS Radio to CBS (the “Second Distribution”). Following the Second Distribution, CBS Radio will then: (a) combine Radio Series 1 Common Stock and Radio Series 2 Common stock into a single class of common stock, par value $0.01 per share (the “Radio N ew Common Stock”), (b) authorize the issuance of at least 101,407,494 shares of Radio New Common Stock and (c) effect a stock split of the outstanding shares of Radio New C ommon Stock, as a result of which, as of immediately prior to the effective time of the F inal Distribution, 101,407,494 shares of Radio New Common S tock will be issued and outstanding, all of which will be owned directly by CBS (collectively, (a) through (c), the “Stock Split”). Subject to the terms and conditions of the CBS Radi o Merger Agreement and the Separation Agreement , in the event that holders of CBS Class B Common Stock subscribe for less than all of the outstanding shares of Radio Common Stock held by CBS in the exchange offer, CBS will distribute the remaining outstand ing shares of Radio Co mmon Stock held by CBS on a pro rata basis to holders of CBS Common Stock whose shares of CBS Common Stock remain outstanding after consummation of the exchange offer (the “Spin-Off”). The Spin-Off will only occur if the exchange off er is consummated but not fully subscribed, meaning that not all of the outstanding shares of Radio Common Stock held by CBS would be distributed in the exchange offer , in that scenario . Immediately after the consummation of the Final Distribution, Merger Sub will merge with and into CBS Radio, with CBS Radio surviving as a wholly owned subsidiary of the Company . In the Merger, all outstanding shares of Radio Common Stock will be converted into the right to receive an equal number of shares of the Company’ s Class A common Stock. It is estimated that the existing Company shareh olders will own approximately 28 % and CBS Radio shareh olders will own approximately 72 % of the combined company’s outstanding shares immediately after consummation of the Merger. The Company will issue 101,407,494 shares of its Class A common Stock in the Merger. At the time of the Merger, each outstanding RSU and stock option with respect to CBS Class B Common Stock held by employees of CBS Radio will be canceled and converted into equity awards for the Company’s Class A Common Stock. The conversion will be based on the ratio of the volume-weighted average per share closing prices of CBS stock on the five trading days prior to the effective date of the Merger and the Company’s stock on the five trading days following the effective date of the Merger. As a result, approximately 4,004,451 shares will be eligible for issuance in respect of equity awards held by CBS Radio employees in consideration of the replacement of their RSUs and stock options . In connection with the Merger, CBS Radio receive d committed financing of up to $ 500 mill ion of senior secured te rm loan from the Commitment Parties as an additional tranche under the CBS Radio Credit Agreement. T he proceeds of this loan will be used to: (1) refinance the Company’s Credit Facility; (2) redeem the Company’s Preferred; and (3) pay fees and expenses in connection with the refinancing. The committed financing will be an additional tranche under the CBS Radio Credi t Agreement. See Note 4 , Long-Term Debt, for additional information with respect to this financing. The total consideration for the Me rger is approximately $ 1.05 billion, based on the Company’s Class A common stock market price per share of $ 10.35 on June 30, 2017 and the shares to be issued in connection with the Merger. T ransaction costs relating to th e Merger , including legal and professional fees, of $ 5.8 million and $ 16.1 million for the three and six months ended June 30, 2017, respectively , were expensed as incurred . If the CBS Radio Merger Agreement is term inated in certain circumstances prior to the consummation of the transactions contemplated thereby, the Company will be required to pay CBS a termination fee of $30 million. Either party may terminate the CBS Radio Merger Agreement if the Merger is not con summated on or before November 2, 2017, subject to extension to May 2, 2018, if necessary. Upon completion of the Merger, certain required divestitures and the debt refinancing described above, which are all expected to occur in the fourth quarter of 2017, the combined company will be named Entercom Communications Corp. and will be listed on the NYSE under the current trading symbol for the Company’s Class A Common Stock, “ETM ” . Merger And Acquisition Costs The Company records merger and acquisition costs whether or not an acquisition occurs. These costs consist primarily of legal, professional and advisory services and could include restructuring costs . There were merger and acquisition costs incurred during the first two quarters of 2017 primarily in connection with the announced CBS Merger. Six Months Ended June 30, 2017 2016 (amounts in thousands) Merger and acquisition costs $ 16,100 $ - Three Months Ended June 30, 2017 2016 (amounts in thousands) Merger and acquisition costs $ 5,829 $ - Restructuring Costs The restructuring plan related to the Company’s acquisitions in 2015 included: (1) costs associated with exiting contractual vendor obligations as these obligations were duplicative; (2) a workforce reduction and realignment charges that included one-time termination benefits and related costs; and (3) lease abandonment cos ts. The lease abandonment costs are longer-term as the lease expires in June 2026. The estimated amount of unpaid restructuring charges as of June 30, 2017 , after excluding the lease abandonment liability as of June 30, 2017 , was included in accrued expenses as mos t expenses are expected to be paid within one year. Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands) Restructuring charges, beginning balance $ 650 $ 1,686 Additions through accruals - - Deductions through payments (34) (1,036) Restructuring charges unpaid and outstanding 616 650 Less lease abandonment costs over a long-term period (539) (576) Short-term restructuring charges unpaid and outstanding $ 77 $ 74 Unaudited Pro Forma Summary Of Financial Information The following pro forma information presents the consolidated results of operations as if the 2017 acquisition in Charlotte, North Carolina, had occurred as of January 1, 2016 , after giving effect to certain adjustments, including : (1) depreciation and amortization of assets ; (2 ) change in the effective tax rate; (3) interest expense on any debt incurred ; and (4) merger and acquisition costs . The pro forma information does no t exclude the pro forma impact of any dispositions. These unaudited pro forma results have been prepared for comparative purposes only and do not purport to be indicative of what would have occurred had the acquisitions been made as of that date or result s which may occur in the future. Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (amounts in thousands except share and per share data) Pro Forma Pro Forma Pro Forma Pro Forma Net revenues $ 124,970 $ 125,343 $ 223,971 $ 226,257 Net income (loss) available to the Company $ 6,326 $ 11,011 $ (3,093) $ 13,985 Net income (loss) available to common shareholders $ 5,776 $ 10,599 $ (4,193) $ 13,160 Net income (loss) available to common shareholders per common share - basic $ 0.15 $ 0.28 $ (0.11) $ 0.34 Net income (loss) available to common shareholders per common share - diluted $ 0.15 $ 0.26 $ (0.11) $ 0.34 Weighted shares outstanding basic 38,944,620 38,468,822 38,935,161 38,462,998 Weighted shares outstanding diluted 39,655,599 41,130,418 38,935,161 39,273,532 Conversion of preferred stock for dilutive purposes under the as if method anti-dilutive dilutive anti-dilutive anti-dilutive

CONTINGENCIES AND COMMITMENTS (

CONTINGENCIES AND COMMITMENTS (Block)	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure Abstract
Commitments And Contingencies Disclosure Text Block	12 . CONTINGENCIES AND COMMITMENTS Contingencies If the CBS Radio Merger Agreement is terminated under certain circumstances , the Company will be required to pay CBS a termination fee of $ 30 million and the costs for the committed financing . The Company is subject to various outstanding claims which arise in the ordinary course of business and to other legal proceedings. Management anticipates that any potential liability of the Company, which may arise out of or with respect to these matters , will not materially affect the Company’s financial position, results of operations or cash flows. There were no material changes from the contingencies listed in the Company’s Form 10-K, filed with the SEC on February 28, 2017 .

ASSETS HELD FOR SALE (Block)

ASSETS HELD FOR SALE (Block)	6 Months Ended
	Jun. 30, 2017
Discontinued Operations And Disposal Groups Abstract
Disposal Groups Including Discontinued Operations Disclosure Text Block	10 . ASSETS HELD FOR SALE Long-lived assets to be sold are classified as held for sale in the period in which they meet all the criteria for the disposal of long-lived assets. The Company measures assets held for sale at the lower of their carrying amount or fair value less cost to sell. Additionally, the Company determined that these assets comprise operations and cash flows that can be clearly distinguished, operationally and for financial reporting purposes, from the rest of the Company. As of June 30, 2017 , the Company entered i nto an agreement to sell a parcel of land along with the land improvements, broadcasting tower and building located on the property, in one of its markets for $ 3.3 million and classified these assets as assets held for sale. This transaction, which is expected to be completed in the fourth quarter of 2017, is expected to result in a gain of $ 0.3 million , net of commissions of $ 0.2 million. Long-lived assets are reviewed for impairment w henever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. The Company determined that the carrying value of these assets was less than the fair value by utilizing offers from third parties for a bundle of assets. This is considered a Level 3 measurement. The major categories of these assets are as follows: Assets Held For Sale June 30, December 31, 2017 2016 (amounts in thousands) Land and land improvements $ 2,820 $ - Building 8 - Equipment 184 - Total property and equipment 3,012 - Depreciation and amortization 195 - Net property and equipment 2,817 - Assets held for sale 2,817 - Net assets held for sale $ 2,817 $ -

SUBSEQUENT EVENTS (Block)

SUBSEQUENT EVENTS (Block)	6 Months Ended
	Jun. 30, 2017
Subsequent Events Abstract
Schedule Of Subsequent Events Text Block	13 . SUBSEQUENT EVENTS Events occurring after June 30, 2017 , and through the date that these consolidated financial statements were issued were evaluated to ensure that any subsequent events that met the criteria for recognition have been included and are as follows : On July, 10 2017, the Company filed an amendment to a Registration Statement with the SEC on Form S-4/A relating to the Merger. The amendment provides that, among other things, immediately following the consummation of the transaction s contemplated by the Merger, the Company’s board of directors will be comprised of ten members, including all six directors from the Company’s current board of directors and four new directors. Two of the new directors are affiliated with CBS, while the other two are unaffiliated with both the Company and CBS. On July 12, 2017, the Company filed a proxy statement relating to a special meeting of the shareholders in connection with the Merger. On July 26, 2017, the Company purchased a minority ownership interest in DGital Media Inc. (“DGital”), a leading creator of premium, personality-based podcasts and other on-demand audio content, fo r $ 9.7 million. Under the terms of the purchase agreement, the Company also obtained an option to acquire the remaining ownership interest in DGital in 2021. The Company and DGital entered into a multi-year services agreement under whic h DGital will dedicate significant resources to create world-class, original on-demand audio content leveraging the Company’s deep roster of local talent and relationships in the world of sports, news, politics, music, comedy, and technology. DGital will also serve as the Company’s exclusive third party advertisement sales representative for all of its podcasts and other on-demand audio. On July 28, 2017, the Company declared a special one-time dividend of $ 0.20 per share payable on August 30, 2017 to shareholders of record on August 15, 2017. This dividend is permitted under the terms of the CBS Radio Merger Agreement. This special one-time dividend will accompany the Company’s regular quarterly dividend of $ 0.075 per share which will be paid on September 15, 2017 to shareholders of record on August 15, 2017.

BASIS OF PRESENTATION AND ORG20

BASIS OF PRESENTATION AND ORGANIZATION (Tables)	6 Months Ended
	Jun. 30, 2017
PriorPeriodAdjustmentAbstract
Schedule of Error Corrections and Prior Period Adjustments [Table Text Block]	Three Months Ended Description March 31, 2017 (amounts in thousands) Net Revenues: Prior to revision $ 97,452 Revision 1,549 As revised $ 99,001 Station operating expenses, including non-cash compensation expense: Prior to revision $ 75,617 Revision 1,549 As revised $ 77,166 Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, Description 2016 (amounts in thousands) Net Revenues: Prior to revision $ 96,103 $ 120,478 $ 120,457 $ 123,207 $ 460,245 Revision 906 1,093 1,184 1,343 4,526 As revised $ 97,009 $ 121,571 $ 121,641 $ 124,550 $ 464,771 Station operating expenses, including non-cash compensation expense: Prior to revision $ 71,715 $ 82,639 $ 82,905 $ 81,485 $ 318,744 Revision 906 1,093 1,184 1,343 4,526 As revised $ 72,621 $ 83,732 $ 84,089 $ 82,828 $ 323,270 Three Months Ended Year Ended March 31, June 30, September 30, December 31, December 31, Description 2015 (amounts in thousands) Net Revenues: Prior to revision $ 78,420 $ 100,592 $ 114,662 $ 117,704 $ 411,378 Revision 589 730 874 910 3,103 As revised $ 79,009 $ 101,322 $ 115,536 $ 118,614 $ 414,481 Station operating expenses, including non-cash compensation expense: Prior to revision $ 59,367 $ 70,000 $ 81,241 $ 77,103 $ 287,711 Revision 589 730 874 910 3,103 As revised $ 59,956 $ 70,730 $ 82,115 $ 78,013 $ 290,814 Year Ended December 31, Description 2014 (amounts in thousands) Net Revenues: Prior to revision $ 379,789 Revision 587 As revised $ 380,376 Station operating expenses, including non-cash compensation expense: Prior to revision $ 259,184 Revision 587 As revised $ 259,771

INTANGIBLE ASSETS AND GOODWIL21

INTANGIBLE ASSETS AND GOODWILL (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of the changes in broadcasting license	Broadcasting Licenses Carrying Amount June 30, December 31, 2017 2016 (amounts in thousands) Beginning of period balance as of January 1, $ 823,195 $ 807,381 Disposition of FCC broadcasting license (13,500) - Consolidation (deconsolidation) of a VIE (15,738) 15,738 Acquisition of radio stations 17,174 - Acquisitions - other - 112 Disposition of radio stations previously reflected as held for sale - (36) Ending period balance $ 811,131 $ 823,195
Schedule of assumptions and estimates for broadcasting licences impairment testing	Estimates And Assumptions Second Second Quarter Quarter 2017 2016 Discount rate 9.25% 9.5% Operating profit margin ranges expected for average stations in the markets where the Company operates 19% to 40% 14% to 40% Long-term revenue growth rate range of the Company's markets 1.0% to 2.0% 1.0% to 2.0%
Schedule of changes in goodwill	Goodwill Carrying Amount June 30, December 31, 2017 2016 (amounts in thousands) Goodwill balance before cumulative loss on impairment as of January 1, $ 158,333 $ 158,244 Accumulated loss on impairment as of January 1, (125,615) (125,615) Goodwill beginning balance after cumulative loss on impairment as of January 1, 32,718 32,629 Loss on impairment during year (441) - Acquisition of radio stations 43 - Adjustment to acquired goodwill associated with an assumed fair value liability - 92 Disposition of radio stations previously reflected as assets held for sale - (3) Ending period balance $ 32,320 $ 32,718
Schedule of assumptions and estimates for goodwill impairment testing	Estimates And Assumptions Second Second Quarter Quarter 2017 2016 Discount rate 9.25% 9.5% Long-term revenue growth rate range of the Company's markets 1.0% to 2.0% 1.0% to 2.0% Market multiple used in the market valuation approach 7.5x to 8.0x 7.5x to 8.0x

OTHER CURRENT AND LONG-TERM LIA

OTHER CURRENT AND LONG-TERM LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Other Liabilities Disclosure Abstract
Schedule of Accounts Payable and Accrued Liabilities	Other Current Liabilities June 30, December 31, 2017 2016 (amounts in thousands) Accrued compensation $ 9,115 $ 8,059 Accounts receivable credits 2,397 3,571 Advertiser obligations 1,118 1,102 Accrued interest payable 1,766 3,587 Other 4,401 3,284 Total other current liabilities $ 18,797 $ 19,603

LONG-TERM DEBT LIABILITIES (Tab

LONG-TERM DEBT LIABILITIES (Tables)	6 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Debt	Long-Term Debt June 30, December 31, 2017 2016 (amounts in thousands) Credit Facility Revolver, due November 1, 2021 $ 9,500 $ - Term B Loan, due November 1, 2023 458,000 480,000 467,500 480,000 Other Debt Capital lease and other 78 87 Total debt before deferred financing costs 467,578 480,087 Current amount of long-term debt (13,618) (4,817) Deferred financing costs (excludes the revolving credit) (6,564) (7,619) Total long-term debt, net of current debt $ 447,396 $ 467,651 Outstanding standby letters of credit $ 670 $ 670
Schedule Of Net Interest Expense	Net Interest Expense Six Months Ended June 30, 2017 2016 (amounts in thousands) Interest expense $ 10,993 $ 17,057 Amortization of deferred financing costs 1,166 1,319 Amortization of original issue discount of senior notes - 184 Interest income and other investment income (49) (21) Total net interest expense $ 12,110 $ 18,539 Net Interest Expense Three Months Ended June 30, 2017 2016 (amounts in thousands) Interest expense $ 5,579 $ 8,435 Amortization of deferred financing costs 580 631 Amortization of original issue discount of senior notes - 93 Interest income and other investment income (26) (12) Total net interest expense $ 6,133 $ 9,147

SHAREHOLDER'S EQUITY (Tables)

SHAREHOLDER'S EQUITY (Tables)	6 Months Ended
	Jun. 30, 2017
Stockholders Equity Note Abstract
Schedule of dividends payable on unvested restricted stock units	Dividend Equivalent Liabilities Balance Sheet June 30, December 31, Location 2017 2016 (amounts in thousands) Short-term Other current liabilities $ 251 $ 260 Long-term Other long-term liabilities 507 348 Total $ 758 $ 608
ESPP Shares Purchased and Non-Cash Comp Expense	Six Months Ended June 30, 2017 2016 (amounts in thousands) Number of shares purchased 15 - Non-cash compensation expense recognized $ 32 $ -

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments Abstract
Schedule Of Restricted Stock Units Market Based	Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands, except per share data) Reconciliation Of RSUs With Market Conditions Beginning of period balance 630 390 Number of RSUs granted - 470 Number of RSUs forfeited - - Number of RSUs vested (50) (230) End of period balance 580 630 Weighted average fair value of RSUs granted with market conditions $ - $ 7.34
Schedule Of Other Options Dislcosure	Six Months Ended June 30, Option Exercise Data 2017 2016 (amounts in thousands) Intrinsic value of options exercised $ 58 $ 238 Tax benefit from options exercised (1) $ 23 $ 92 Cash received from exercise price of options exercised $ 22 $ 30
Stock Option Valuation Assumptions	Six Months Year Ended Ended June 30, December 31, 2017 2016 Expected Volatility Term Structure (1) 34% to 45% 35% to 45% Risk-Free Interest Rate (2) 0.1% to 1.1% 0.4% to 1.1% Annual Dividend Payment Per Share (Constant) (3) $ 0.30 $ 0.30
Schedule Of significant ranges of outstanding and exercisable options	Options Outstanding Options Exercisable Number Of Weighted Number Of Options Average Weighted Options Weighted Range Of Outstanding Remaining Average Exercisable Average Exercise Prices June 30, Contractual Exercise June 30, Exercise From To 2017 Life Price 2017 Price $ 1.34 $ 1.34 300,437 1.6 $ 1.34 300,437 $ 1.34 $ 2.02 $ 11.78 22,500 1.2 $ 9.12 22,500 $ 9.12 $ 1.34 $ 11.78 322,937 1.6 $ 1.88 322,937 $ 1.88
Schedule of recognized stock-based compensation expense	Six Months Ended June 30, 2017 2016 (amounts in thousands) Station operating expenses $ 577 $ 590 Corporate general and administrative expenses 2,494 2,429 Stock-based compensation expense included in operating expenses 3,071 3,019 Income tax benefit (1) 1,004 1,083 After-tax stock-based compensation expense $ 2,067 $ 1,936 Three Months Ended June 30, 2017 2016 (amounts in thousands) Station operating expenses $ 372 $ 363 Corporate general and administrative expenses 1,105 1,174 Stock-based compensation expense included in operating expenses 1,477 1,537 Income tax benefit (1) 495 531 After-tax stock-based compensation expense $ 982 $ 1,006
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Restricted Stock Units, Vested and Expected to Vest	Number Weighted Aggregate Of Weighted Average Intrinsic Restricted Average Remaining Value As Of Stock Purchase Contractual June 30, Period Ended Units Price Term (Years) 2017 RSUs outstanding as of: December 31, 2016 2,074,794 RSUs awarded 206,603 RSUs released (455,153) RSUs forfeited (8,625) RSUs outstanding as of: June 30, 2017 1,817,619 $ - 1.5 $ 18,812,357 RSUs vested and expected to vest as of: June 30, 2017 1,817,619 $ - 1.5 $ 18,812,357 RSUs exercisable (vested and deferred) as of: June 30, 2017 48,880 $ - - $ 505,908 Weighted average remaining recognition period in years 2.2 Unamortized compensation expense $ 9,726,425
Schedule Of Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding	Weighted Intrinsic Weighted Average Value Average Remaining As Of Number Of Exercise Contractual June 30, Period Ended Options Price Term (Years) 2017 Options outstanding as of: December 31, 2016 329,562 $ 1.91 Options granted - - Options exercised (6,500) 3.37 Options forfeited - - Options expired (125) 1.34 Options outstanding as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Options vested and expected to vest as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Options vested and exercisable as of: June 30, 2017 322,937 $ 1.88 1.6 $ 2,753,017 Weighted average remaining recognition period in years - Unamortized compensation expense $ -
Schedule Of Restricted Stock Units Performance Based [Text Block]	Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands, except per share data) Reconciliation Of RSUs With Service And Performance Conditions Beginning of period balance - 29 Number of RSUs granted - - Number of RSUs that did not meet criteria - (29) Number of RSUs vested - - Average fair value of RSUs granted with performance conditions $ - $ -

NET INCOME PER COMMON SHARE (Ta

NET INCOME PER COMMON SHARE (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Schedule of Earnings Per Share Reconciliation [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (amounts in thousands except per share data) Basic Income (Loss) Per Share Numerator Net income (loss) available to the Company $ 6,414 $ 10,834 $ (2,917) $ 15,246 Preferred stock dividends 550 412 1,100 825 Net income (loss) available to common shareholders $ 5,864 $ 10,422 $ (4,017) $ 14,421 Denominator Basic weighted average shares outstanding 38,945 38,469 38,935 38,463 Basic net income (loss) per share available to common shareholders $ 0.15 $ 0.27 $ (0.10) $ 0.37 Diluted Income (Loss) Per Share Numerator Net income (loss) available to the Company $ 6,414 $ 10,834 $ (2,917) $ 15,246 Preferred stock dividends 550 - 1,100 825 Net income (loss) available to common shareholders $ 5,864 $ 10,834 $ (4,017) $ 14,421 Denominator Basic weighted average shares outstanding 38,945 38,469 38,935 38,463 Effect of RSUs and options under the treasury stock method 711 738 - 811 Preferred stock under the as if converted method - 1,923 - - Diluted weighted average shares outstanding 39,656 41,130 38,935 39,274 Diluted net income (loss) per share available to common shareholders $ 0.15 $ 0.26 $ (0.10) $ 0.37
Equity Award Impact Schedule	Three Months Ended Six Months Ended June 30, June 30, Impact Of Equity Issuances 2017 2016 2017 2016 (amounts in thousands, except per share data) Shares excluded as anti-dilutive under the treasury stock method: Options 14 - - 13 Price range of options: from $ 11.31 $ - $ - $ 11.36 Price range of options: to $ 11.78 $ - $ - $ 11.78 RSUs with service conditions 328 - 78 - RSUs excluded with service and market conditions as market conditions not met 267 628 267 628 RSUs excluded with service and performance conditions as performance conditions not met - 21 - 21 Perpetual cumulative convertible preferred stock treated as anti-dilutive under the as if method 1,962 - 1,962 1,923 Excluded shares as anti-dilutive when reporting a net loss - - 1,026 -

FAIR VALUE OF FINANCIAL INSTR27

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures Abstract
Schedule of recurring fair value measurements	Fair Value Measurements At Reporting Date June 30, December 31, Description 2017 2016 (amounts in thousands) Liabilities Deferred compensation - Level 1 (1) $ 11,747 $ 10,875
Schedule Of Carrying Value Of Financial Instruments	June 30, December 31, 2017 2016 Carrying Fair Carrying Fair Value Value Value Value (amounts in thousands) Term B Loan (1) $ 458,000 $ 460,004 $ 480,000 $ 487,200 Revolver (2) $ 9,500 $ 9,500 $ - $ - Other debt (3) $ 78 $ 87

ACQUISITIONS, DIVESTITURES AND

ACQUISITIONS, DIVESTITURES AND PRO FORMA SUMMARY (Tables)	6 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Schedule of merger and acquisition costs	Six Months Ended June 30, 2017 2016 (amounts in thousands) Merger and acquisition costs $ 16,100 $ - Three Months Ended June 30, 2017 2016 (amounts in thousands) Merger and acquisition costs $ 5,829 $ -
Schedule of unaudited pro forma summary of financial information	Three Months Ended Six Months Ended June 30, June 30, 2017 2016 2017 2016 (amounts in thousands except share and per share data) Pro Forma Pro Forma Pro Forma Pro Forma Net revenues $ 124,970 $ 125,343 $ 223,971 $ 226,257 Net income (loss) available to the Company $ 6,326 $ 11,011 $ (3,093) $ 13,985 Net income (loss) available to common shareholders $ 5,776 $ 10,599 $ (4,193) $ 13,160 Net income (loss) available to common shareholders per common share - basic $ 0.15 $ 0.28 $ (0.11) $ 0.34 Net income (loss) available to common shareholders per common share - diluted $ 0.15 $ 0.26 $ (0.11) $ 0.34 Weighted shares outstanding basic 38,944,620 38,468,822 38,935,161 38,462,998 Weighted shares outstanding diluted 39,655,599 41,130,418 38,935,161 39,273,532 Conversion of preferred stock for dilutive purposes under the as if method anti-dilutive dilutive anti-dilutive anti-dilutive
ScheduleOfRestructuringReserveByTypeOfCostTextBlock	Six Months Year Ended Ended June 30, December 31, 2017 2016 (amounts in thousands) Restructuring charges, beginning balance $ 650 $ 1,686 Additions through accruals - - Deductions through payments (34) (1,036) Restructuring charges unpaid and outstanding 616 650 Less lease abandonment costs over a long-term period (539) (576) Short-term restructuring charges unpaid and outstanding $ 77 $ 74
Charlotte [Member]
Acquisition [Line Items]
Schedule Of Acquisition Valuation [Table Text Block]	January 6, Useful Lives In Years Description 2017 From To (amounts in thousands) Assets Land $ 2,539 non-depreciating Buildings 217 15 25 Equipment 4,569 3 40 Total property plant and equipment 7,325 Deferred tax asset 287 life of underlying asset Radio broadcasting licenses and goodwill 17,384 non-amortizing Total assets 24,996 Liabilities Unfavorable lease liabilities 735 over remaining lease life Deferred tax liability 261 life of underlying liability Total liabilities 996 Net assets $ 24,000

ASSETS HELD FOR SALE (Tables)

ASSETS HELD FOR SALE (Tables)	6 Months Ended
	Jun. 30, 2017
Property Plant And Equipment Assets Held For Sale Disclosure [Abstract]
Disclosure Of Long Lived Assets Held For Sale [Text Block]	Assets Held For Sale June 30, December 31, 2017 2016 (amounts in thousands) Land and land improvements $ 2,820 $ - Building 8 - Equipment 184 - Total property and equipment 3,012 - Depreciation and amortization 195 - Net property and equipment 2,817 - Assets held for sale 2,817 - Net assets held for sale $ 2,817 $ -

BASIS OF PRESENTATION AND ORG30

BASIS OF PRESENTATION AND ORGANIZATION (Details) - USD ($) $ in Thousands	3 Months Ended										6 Months Ended		12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jan. 01, 2017
Organization Consolidation And Presentation Of Financial Statements Abstract
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption																$ 5,112
NewAccountingPronouncementOrChangeInAccountingPrincipleRetrospectiveAdjustmentsAbstract
Cumulative Effect Adj- Modified Retrospective - Gross Impact on Accum Deficit																4,900
Cumulative Effect Adj - Modified Retrospective - Net Impact on Accumulated Deficit											$ 4,600
Cumulative Effect Adj - Modified Retrospective - Tax Impact on Accum Deficit																$ 300
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Sales Revenue, Net	$ 124,970	$ 99,001	$ 124,550	$ 121,641	$ 121,571	$ 97,009	$ 118,614	$ 115,536	$ 101,322	$ 79,009	223,971	$ 218,580	$ 464,771	$ 414,481	$ 380,376
Operating Costs and Expenses	$ 91,004	77,166	82,828	84,089	83,732	72,621	78,013	82,115	70,730	59,956	$ 168,170	$ 156,353	323,270	290,814	259,771
As Previously Reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Sales Revenue, Net		97,452	123,207	120,457	120,478	96,103	117,704	114,662	100,592	78,420			460,245	411,378	379,789
Operating Costs and Expenses		75,617	81,485	82,905	82,639	71,715	77,103	81,241	70,000	59,367			318,744	287,711	259,184
Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Sales Revenue, Net		1,549	1,343	1,184	1,093	906	910	874	730	589			4,526	3,103	587
Operating Costs and Expenses		$ 1,549	$ 1,343	$ 1,184	$ 1,093	$ 906	$ 910	$ 874	$ 730	$ 589			$ 4,526	$ 3,103	$ 587

INTANGIBLE ASSETS AND GOODWIL31

INTANGIBLE ASSETS AND GOODWILL (Details) $ in Thousands	3 Months Ended		6 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)number	Jun. 30, 2016number	Jun. 30, 2017USD ($)number	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Changes in broadcasting licenses [Line Items]
Beginning of period balance			$ 823,195	$ 807,381
Consolidation of a VIE			(15,738)	15,738
Acquisition of radio stations			17,174	0
Assets held for sale			0	0
Deconsolidation of a subsidiary			0	(36)
Acquisition - other			0	112
Dispositions				0
Indefinitelived Intangible Assets Acquired Through Exchange			0	0
Ending period balance	$ 811,131		$ 811,131	823,195
Market approach for step one goodwill analysis [Abstract]
Income model years used for the discounted cash flow approach | number			10
Changes in goodwill [Roll Forward]
Goodwill before cumulative loss on impairment				158,333	$ 158,244
Accumulated loss on impairment				(125,615)	$ (125,615)
Beginning balance after cumulative loss on impairment			$ 32,718	32,629
Loss on impairment during the year			(441)	0
Acquisition			43	0
Dispositions			0	(3)
Deconsolidation of a subsidiary			0	0
Goodwill Acquired Through Exchange			0	0
Adjustments to acquired goodwill			0	92
Ending balance	$ 32,320		32,320	32,718
Broadcasting License Impairment Testing [Member]
Estimates and assumptions used for impairment test [Line Items]
Discount rates	9.25%	9.50%
Broadcasting License Impairment Testing [Member] | Maximum [Member]
Estimates and assumptions used for impairment test [Line Items]
Operating profit margin ranges of the markets of the Company	40.00%	40.00%
Long-term revenue growth rate ranges of the markets of the Company	2.00%	2.00%
Broadcasting License Impairment Testing [Member] | Minimum [Member]
Estimates and assumptions used for impairment test [Line Items]
Operating profit margin ranges of the markets of the Company	19.00%	14.00%
Long-term revenue growth rate ranges of the markets of the Company	1.00%	1.00%
Goodwill Impairment Testing [Member]
Estimates and assumptions used for impairment test [Line Items]
Discount rates	9.25%	9.50%
Goodwill Impairment Testing [Member] | Maximum [Member]
Estimates and assumptions used for impairment test [Line Items]
Long-term revenue growth rate ranges of the markets of the Company	2.00%	2.00%
Market approach for step one goodwill analysis [Abstract]
Estimates of market multiples | number	8	8
Goodwill Impairment Testing [Member] | Minimum [Member]
Estimates and assumptions used for impairment test [Line Items]
Long-term revenue growth rate ranges of the markets of the Company	1.00%	1.00%
Market approach for step one goodwill analysis [Abstract]
Estimates of market multiples | number	7.5	7.5
Radio Broadcasting Licences [Member]
Changes in broadcasting licenses [Line Items]
Dispositions			$ (13,500)	$ 0

OTHER CURRENT AND LONG-TERM L32

OTHER CURRENT AND LONG-TERM LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Accounts Payable and Accrued Liabilities, Current [Abstract]
Accrued compensation	$ 9,115	$ 8,059
Accounts receivable credits	2,397	3,571
Advertiser obligations	1,118	1,102
Accrued interest payable	1,766	3,587
Other	4,401	3,284
Total other current liabilities	$ 18,797	$ 19,603

LONG-TERM DEBT LIABILITIES (Det

LONG-TERM DEBT LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Nov. 01, 2016
Debt Instrument [Line Items]
New Credit Facility	$ 458,000		$ 540,000
Total	467,578	$ 480,087
Current amount of long-term debt	(13,618)	(4,817)
Total long-term debt	447,396	467,651
Outstanding standby letter of credit	670	670
Capital Lease Obligations
Debt Instrument [Line Items]
Other	78	87
Total Credit Facility [Member]
Debt Instrument [Line Items]
New Credit Facility	467,500	480,000
Deferred Financing Costs [Member]
Debt Instrument [Line Items]
Total	(6,564)	(7,619)
New Revolver due November 1, 2021
Debt Instrument [Line Items]
New Credit Facility	9,500	0	60,000
New Term B Loan due November 1, 2023
Debt Instrument [Line Items]
New Credit Facility	$ 458,000	$ 480,000	$ 480,000

LONG-TERM DEBT LIABILITIES - Se

LONG-TERM DEBT LIABILITIES - Senior Debt (Details) $ in Millions	Jun. 30, 2017USD ($)	Nov. 01, 2016USD ($)
Debt Instrument [Line Items]
Undrawn amount of the Revolver	$ 49.8
Consolidated Leverage Ratio	4.3
Consolidated Interest Coverage Ratio	4.2
New Credit Facility, Amount Outstanding	$ 458	$ 540
Additional Tranche - CBS Radio Facility	$ 500
Minimum [Member]
Debt Instrument [Line Items]
Consolidated Interest Coverage Ratio	2
Maximum [Member]
Debt Instrument [Line Items]
Consolidated Leverage Ratio	5
AdditionalTrancheCbsRadioFacility [Member]
Debt Instrument [Line Items]
Mandatory Prepayment Percentage	1.00%
AdditionalTrancheCbsRadioFacility [Member] | Libor Rate Plus
Debt Instrument [Line Items]
Variable rate plus fees	2.75%

LONG-TERM DEBT LIABILITIES - 35

LONG-TERM DEBT LIABILITIES - Senior Unsecured Debt (Details) - Senior Unsecured Debt $ in Millions	Dec. 31, 2011USD ($)
Debt Instrument [Line Items]
Senior Notes	$ 220
Debt Instrument, Interest Rate, Stated Percentage	10.50%

LONG-TERM DEBT LIABILITIES - De

LONG-TERM DEBT LIABILITIES - Debt Extinguishment and Net Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Net Interest Expense
Interest expense	$ 5,579	$ 8,435	$ 10,993	$ 17,057
Amortization of deferred financing costs	580	631	1,166	1,319
Amortization of original issue discount of senior notes	0	93	0	184
Interest expense on interest rate hedging agreements	0	0
Interest income and other investment income	(26)	(12)	(49)	(21)
Total net interest expense	$ 6,133	$ 9,147	12,110	18,539
Extinguishment of Debt [Line Items]
Gains (Losses) on Extinguishment of Debt			$ 0	$ 0

LONG-TERM DEBT LIABILITIES - Ma

LONG-TERM DEBT LIABILITIES - Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Aggregate Principal Maturities [Line Items]
Total	$ 467,578	$ 480,087

SHAREHOLDER'S EQUITY (Details)

SHAREHOLDER'S EQUITY (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Sep. 15, 2017	Aug. 30, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Dividends And Shares Activitiy [Line Items]
Dvidend Equivalent liability - short term			$ 251		$ 251		$ 260
Dvidend Equivalent liability - long term			507		507		348
Total Dividend Equivalent Liability			$ 758		758		608
Dividend payments					5,837	$ 2,886
Amount recorded as financing activity					(2,503)	(2,193)	(2,268)
Dividends paid on preferred stock					$ 1,100		1,788
Employee stock purchase plan, authorized shares			1,000		1,000
Stock Issued During Period Value Employee Stock Purchase Plan					$ 182		$ 379
Total Non cash compensation expense recognized			$ 982	$ 1,006	$ 2,067	1,936
Espp Shares Market Value			85.00%		85.00%
Espp Share Discount			15.00%		15.00%
PaymentsOfDividendsAbstract
Payments of Dividends, Common Stock					$ 5,837	2,886
PaymentsOfDividendsPreferredStockAndPreferenceStock					$ 1,100	$ 825
Dividends
Dividends And Shares Activitiy [Line Items]
CommonStockDividendsPerShareDeclared	$ 0.075	$ 0.2
ESPP [Member]
Dividends And Shares Activitiy [Line Items]
Stock Issued During Period Shares Employee Stock Purchase Plans					15	0
Total Non cash compensation expense recognized					$ 32	$ 0

SHARE-BASED COMPENSATION - Equi

SHARE-BASED COMPENSATION - Equity Compensation Plan and RSU Acitivity (Details)	6 Months Ended
	Jun. 30, 2017shares
Restricted Stock Unit Activity [Abstract]
RSUs issued	206,603
RSUs forfeited	(8,625)
RSUs vested and released	455,153

SHARE-BASED COMPENSATION - RSU

SHARE-BASED COMPENSATION - RSU Activity - Summary of Change (Details)	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Number of Restricted Stock Units [Roll Forward]
RSUs beginning	2,074,794
RSUs awarded	206,603
RSUs released	(455,153)
RSUs forfeited	(8,625)
RSUs ending	1,817,619
Weighted Average Purchase Price RSUs | $ / shares	$ 0
Weighted Average Remaining Contractual Term (Years) RSUs	1 year 6 months
Aggregate Intrinsic Value RSUs | $	$ 18,812,357
Number of RSUs vested and expected to vest	1,817,619
Weighted Average Purchase Price of RSUs vested and expected to vest | $ / shares	$ 0
Weighted Average Remaining Contractual Term (Years) of RUSs vested and expected to vest	1 year 6 months
Aggregate Intrinsic Value RSUs vested and expected to vest | $	$ 18,812,357
Number of RSUs exercisable	48,880
Weighted Average Purchase Price of RUSs exercisable | $ / shares	$ 0
Weighted Average Remaining Contractual Term (Years) of RUSs exercisable	0 years
Aggregate Intrinsic Value RSUs exercisable | $	$ 505,908
Weighted average remaining recognition period in years	2 years 2 months 12 days
Unamortized compensation expense, net of estimated forfeitures | $	$ 9,726,425

SHARE-BASED COMPENSATION - RSUs

SHARE-BASED COMPENSATION - RSUs with Market Conditions (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Share-based Compensation Restricted Stock Units With Market Conditions [Line Items]
RSUs issued	206,603
Reconciliation Of RSUs With Market Conditions [Abstract]
RSUs beginning	2,074,794
Number of RSUs granted	206,603
Number of RSUs forfeited	(8,625)
Number of RSUs vested	(455,153)
RSUs ending	1,817,619	2,074,794
Net RSUs increase (decrease) to APIC	$ 3,071	$ 6,539
Restricted Stock Units With Market Conditions [Member]
Share-based Compensation Restricted Stock Units With Market Conditions [Line Items]
RSUs issued	0	470,000
Reconciliation Of RSUs With Market Conditions [Abstract]
RSUs beginning	630,000	390,000
Number of RSUs granted	0	470,000
Number of RSUs forfeited	0	0
Number of RSUs vested	(50,000)	(230,000)
RSUs ending	580,000	630,000
Fair value of each RSU issued with market conditions	$ 0	$ 7.34
Restricted Stock Units With Market Conditions [Member] | Maximum [Member]
Reconciliation Of RSUs With Market Conditions [Abstract]
RSUs beginning	0
RSUs ending		0
Restricted Stock Units With Performance Conditions [Member]
Share-based Compensation Restricted Stock Units With Market Conditions [Line Items]
RSUs issued	0	0
Reconciliation Of RSUs With Market Conditions [Abstract]
RSUs beginning	0	29,000
Number of RSUs granted	0	0
Number of RSUs forfeited	0	(29,000)
Number of RSUs vested	0	0
RSUs ending	0	0
Fair value of each RSU issued with market conditions	$ 0	$ 0

SHARE-BASED COMPENSATION - Othe

SHARE-BASED COMPENSATION - Other Options Disclosures (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Other Options Disclosures [Line Items]
Intrinsic value of options exercised	$ 58	$ 238
Tax benefit from options exercised, before impact of valuation allowance	23	92
Cash received from exercise price of options exercised	$ 22	$ 30

SHARE-BASED COMPENSATION - Opti

SHARE-BASED COMPENSATION - Options Activity (Details)	6 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Options activity [Roll Forward]
Options beginning	329,562
Options granted	0
Options exercised	(6,500)
Options forfeited	0
Options expired	(125)
Options ending	322,937
Weighted average exercise price - beginning | $ / shares	$ 1.91
Weighted average exercise price - options exercised | $ / shares	3.37
Weighted average exercise price - options forfeited | $ / shares	0
Weighted average exercise price - options expired | $ / shares	1.34
Weighted average exercise price - ending | $ / shares	$ 1.88
Weighted Average Remaining Contractual Term (Years) Options	1 year 7 months 6 days
Intrinsic Value Options | $	$ 2,753,017
Options vested and expected to vest	322,937
Options vested and exercisable	322,937
Weighted average exercise price options vested and expected to vest | $ / shares	$ 1.88
Weighted average exercise price options vested and exerciable | $ / shares	$ 1.88
Weighted average remaining contractual period (Years) options vested and expected to vest	1 year 7 months 6 days
Weighted average remaining contractual period (years) options vested and exercisable	1 year 7 months 6 days
Intrinsic value options vested and expected to vest | $	$ 2,753,017
Intrinsic value options vested and exercisable | $	$ 2,753,017
Weighted average remaining recognition period in years	0 years
Unamortized compensation expense, net of estimated forfeitures | $	$ 0

SHARE-BASED COMPENSATION - Valu

SHARE-BASED COMPENSATION - Valuation Method (Details)	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Valuation Methodology [Abstract]
Expected volatility factor (%) - Minimum	34.00%	35.00%
Expected volatility factor (%) - Maximum	45.00%	45.00%
Risk-free interest rate (%) - Minimum	0.10%	0.40%
Risk-free interest rate (%) - Maximum	1.10%	1.10%
Expected dividend yield (%)	30.00%	30.00%

SHARE-BASED COMPENSATION - Ot45

SHARE-BASED COMPENSATION - Other Award Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Significant ranges of outstanding and exercisable options [Line Items]
Number of options outstanding	322,937		322,937		329,562
Weighted average remaining contractual life options outstanding			1 year 7 months 6 days
Weighted average exercise price options outstanding	$ 1.88		$ 1.88		$ 1.91
Number of options exercisable	322,937		322,937
Weighted average exercise price options exercisable	$ 1.88		$ 1.88
Recognized Non-Cash Compensation Expense [Line Items]
Total Non cash compensation expense recognized	$ 982	$ 1,006	$ 2,067	$ 1,936
Exercise prices from 1.34 to 1.34
Significant ranges of outstanding and exercisable options [Line Items]
Number of options outstanding	300,437		300,437
Weighted average remaining contractual life options outstanding			1 year 7 months 6 days
Weighted average exercise price options outstanding	$ 1.34		$ 1.34
Number of options exercisable	300,437		300,437
Weighted average exercise price options exercisable	$ 1.34		$ 1.34
Exercise prices from 2.02 to 11.78
Significant ranges of outstanding and exercisable options [Line Items]
Number of options outstanding	22,500		22,500
Weighted average remaining contractual life options outstanding			1 year 2 months 12 days
Weighted average exercise price options outstanding	$ 9.12		$ 9.12
Number of options exercisable	22,500		22,500
Weighted average exercise price options exercisable	$ 9.12		$ 9.12
Station operating expenses [Member]
Recognized Non-Cash Compensation Expense [Line Items]
Total Non cash compensation expense recognized	$ 372	363	$ 577	590
Corporate general and administrative expenses [Member]
Recognized Non-Cash Compensation Expense [Line Items]
Total Non cash compensation expense recognized	1,105	1,174	2,494	2,429
Stock-based compensation expense included in operating expenses [Member]
Recognized Non-Cash Compensation Expense [Line Items]
Total Non cash compensation expense recognized	1,477	1,537	3,071	3,019
Income tax benefit (net of a fully reserved valuation allowance for prior year) [Member]
Recognized Non-Cash Compensation Expense [Line Items]
Total Non cash compensation expense recognized	$ 495	$ 531	$ 1,004	$ 1,083

NET INCOME PER COMMON SHARE (De

NET INCOME PER COMMON SHARE (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive when reporting loss	0	0	1,026	0
Earnings Per Share, Basic and Diluted [Abstract]
Net Income (Loss) Attributable to Parent	$ 6,414	$ 10,834	$ (2,917)	$ 15,246	$ 38,065
Preferred stock dividend	550	412	1,100	825
Net Income (Loss) Available to Common Stockholders, Basic	$ 5,864	$ 10,422	$ (4,017)	$ 14,421
Weighted Average Number Of Shares Outstanding Basic	38,944,620	38,468,822	38,935,161	38,462,998
Earnings Per Share Basic	$ 0.15	$ 0.27	$ (0.1)	$ 0.37
Incremental Common Shares Attributable to Share-based Payment Arrangements	711,000	738,000	0	811,000
Weighted Average Number Of Diluted Shares Outstanding	39,655,599	41,130,418	38,935,161	39,273,532
Earnings Per Share Diluted	$ 0.15	$ 0.26	$ (0.1)	$ 0.37
Preferred stock under if converted method	0	1,923,000	0	0
Restricted Stock Units Service Conditions [Member]
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive under the treasury stock method	328,000	0	78,000	0
Restricted Stock Units Service And Performance Conditions But Performance Not Met [Member]
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive under the treasury stock method	0	21,000	0	21,000
Perpetual Cumulative Convertible Preferred Stock [Member]
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive under the treasury stock method	1,962,000	0	1,962,000	1,923,000
Options Activity [Member]
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive under the treasury stock method	14,000	0	0	13,000
Price range of option: from	$ 11.31	$ 0	$ 0	$ 11.36
Price range of option: to	$ 11.78	$ 0	$ 0	$ 11.78
Restricted Stock Units Activity [Member] | Restricted Stock Units Service And Market Conditions But Market Not Met [Member]
Impact Of Equity Awards [Line Items]
Excluded shares as anti-dilutive under the treasury stock method	267,000	628,000	267,000	628,000

INCOME TAXES - Expected And Rep

INCOME TAXES - Expected And Reported Income Taxes (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Tax Expense (Benefit), Continuing Operations, Income Tax Reconciliation [Abstract]
Income taxes (benefit)	$ 3,832	$ 7,603	$ (7,830)	$ 8,544
Effective income tax rate	37.40%	41.20%	72.90%	35.90%
Impairment loss	$ 441	$ 0	$ 441	$ 62
IncomeTaxExpenseBenefitIntraperiodTaxAllocation			$ 800

INCOME TAXES - Expense (Benefit

INCOME TAXES - Expense (Benefit) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Deferred:
Total deferred			$ (7,830)	$ 8,544
Income taxes (benefit)	$ 3,832	$ 7,603	$ (7,830)	$ 8,544

INCOME TAXES - Deferred Tax Ass

INCOME TAXES - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Deferred tax liabilities:
Deferred Tax Assets (Liabilities), Net	$ 79.8	$ 92.9

FAIR VALUE OF FINANCIAL INSTR50

FAIR VALUE OF FINANCIAL INSTRUMENTS - Recurring basis (Details) - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Inputs, Level 1 [Member]
Assets
Cash equivalents	$ 0
Liabilities
Deferred Compensation	11,747,000	$ 10,875,000
Fair Value, Inputs, Level 2 [Member]
Assets
Cash equivalents	$ 0

FAIR VALUE OF FINANCIAL INSTR51

FAIR VALUE OF FINANCIAL INSTRUMENTS - Non-Recurring basis (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Goodwill, Impairment Loss	$ 441	$ 0

FAIR VALUE OF FINANCIAL INSTR52

FAIR VALUE OF FINANCIAL INSTRUMENTS - Carrying Value (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Finance Method Lease Obligations
Fair Value Of Instruments [Line Items]
Carrying value of debt	$ 78	$ 87
Letter of credit
Fair Value Of Instruments [Line Items]
Carrying value of debt	0	0
New Term B Loan [Member]
Fair Value Of Instruments [Line Items]
Carrying value of debt	458,000	480,000
Fair value of debt	460,004	487,200
New Revolver [Member]
Fair Value Of Instruments [Line Items]
Carrying value of debt	9,500	0
Fair value of debt	$ 9,500	$ 0

ASSETS HELD FOR SALE (Details)

ASSETS HELD FOR SALE (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets Held-for-sale, at Carrying Value1 [Abstract]
ProceedsFromSaleOfLandHeldForUse	$ 3,300
GainLossOnSaleOfProperties	300
Fees and Commissions to broker	200
Summary of the categories of property and equipment
Property Plant And Equipment Net	65,300	$ 63,375
IntangibleAssetsGrossExcludingGoodwillAbstract
Indefinite-lived Intangible Assets	811,131	823,195	$ 807,381
Land and Land Improvements [Member]
Summary of the categories of property and equipment
Property, Plant and Equipment, Gross	2,820	0
Building [Member]
Summary of the categories of property and equipment
Property, Plant and Equipment, Gross	8	0
Equipment [Member]
Summary of the categories of property and equipment
Property, Plant and Equipment, Gross	184	0
Radio Broadcasting Licences [Member]
IntangibleAssetsGrossExcludingGoodwillAbstract
Indefinite-lived Intangible Assets	0	0
IntangibleAssetsGrossExcludingGoodwill	0	0
Total Assets
IntangibleAssetsGrossExcludingGoodwillAbstract
Assets Held for Sale	2,817	0
Net Assets Held for Sale	2,817	0
PropertyPlantAndEquipmentMember
Summary of the categories of property and equipment
Property, Plant and Equipment, Gross	3,012	0
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	195	0
Property Plant And Equipment Net	$ 2,817	$ 0

ACQUISITIONS, DIVESTITURES AN54

ACQUISITIONS, DIVESTITURES AND PRO FORMA SUMMARY (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016	Dec. 31, 2015	Jan. 06, 2017
Acquisition [Line Items]
Payments to Acquire Businesses, Gross			$ 24,000	$ 0
Purchase price allocation [Abstract]
Total intangible assets			17,174		$ 0
Property Plant And Equipment Net	$ 65,300		65,300		$ 63,375
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Merger and acquisition costs	16,100	$ 0	16,100	0		$ 6,836
Merger and acquisition costs and restructuring charges	5,829	0	16,100	0
Restructuring Charges			0	0		0
Unaudited Pro Forma Summary Of Financial Information
Net revenues	124,970	125,343	223,971	226,257
Net income	$ 6,326	$ 11,011	$ (3,093)	$ 13,985
Net income per common share - basic	$ 0.15	$ 0.28	$ (0.11)	$ 0.34
Net income per common share - diluted	$ 0.15	$ 0.26	$ (0.11)	$ 0.34
Net income, available to common shareholders	$ 5,776	$ 10,599	$ (4,193)	$ 13,160
Shares Issued Pursuant to CBS Equity Comp			4,004,451
CBS Ownership Percentage Post Merger	72.00%		72.00%
CBS Radio Total Consideration	$ 1,050,000		$ 1,050,000
ETM Share Price on Reporting Date	$ 10.35		$ 10.35
Radio New Common Stock Issued by CBS Radio			101,407,494
Par Value - Radio Series 1 Common Stock	$ 0.01		$ 0.01
Adjustment [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			$ 0	0		0
Lease abandonment expense [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0
Lease abandonment expense [Member] | Adjustment [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0	0		0
Cost Of Terminating Contracts [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0
Cost Of Terminating Contracts [Member] | Adjustment [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0	0		0
One Time Termination Expenses [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0
One Time Termination Expenses [Member] | Adjustment [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Restructuring Charges			0	0		$ 0
LFM [Member]
The expense recognized in the consolidated statement of income as merger and acquisition costs [Abstract]
Merger and acquisition costs and restructuring charges			16,100	0
KRWZAM [Member]
Unaudited Pro Forma Summary Of Financial Information
Expected gain on sale of station				300
ProceedsFromDivestitureOfBusinesses				$ 3,800
Charlotte [Member]
Acquisition [Line Items]
Payments to Acquire Businesses, Gross			$ 24,000
Purchase price allocation [Abstract]
Total assets							$ 24,996
Net assets acquired							24,000
Total liabilities acquired							996
Property, Plant and Equipment, Gross							7,325
Unaudited Pro Forma Summary Of Financial Information
Discount Rates			9.00%
Charlotte [Member] | Minimum [Member]
Unaudited Pro Forma Summary Of Financial Information
Fair Value Inputs Long Term Revenue Growth Rate			1.00%
Charlotte [Member] | Unfavorable lease liability [Member]
Purchase price allocation [Abstract]
Total current liabilities							735
Charlotte [Member] | OtherNoncurrentLiabilitiesMember
Purchase price allocation [Abstract]
Other long-term liabilities							261
Charlotte [Member] | Equipment [Member]
Purchase price allocation [Abstract]
Total tangible assets			$ 4,569
Charlotte [Member] | Equipment [Member] | Maximum [Member]
Purchase price allocation [Abstract]
Tangible assets amortization period			40 years
Charlotte [Member] | Equipment [Member] | Minimum [Member]
Purchase price allocation [Abstract]
Tangible assets amortization period			3 years
Charlotte [Member] | Land [Member]
Purchase price allocation [Abstract]
Total tangible assets			$ 2,539
Charlotte [Member] | Building [Member]
Purchase price allocation [Abstract]
Total tangible assets			$ 217
Charlotte [Member] | Building [Member] | Maximum [Member]
Purchase price allocation [Abstract]
Tangible assets amortization period			25 years
Charlotte [Member] | Building [Member] | Minimum [Member]
Purchase price allocation [Abstract]
Tangible assets amortization period			15 years
Charlotte [Member] | Radio Broadcasting Licences [Member]
Purchase price allocation [Abstract]
Total intangible assets			$ 17,384
Charlotte [Member] | Other Noncurrent Assets [Member]
Purchase price allocation [Abstract]
Intangible assets non amortizable							$ 287
CBS Radio [Member]
Unaudited Pro Forma Summary Of Financial Information
Shares Issued Pursuant to Acquisition			101,407,494
ETM Ownership Percentage Post Merger	28.00%		28.00%

BUSINESS COMBINATIONS - Accrued

BUSINESS COMBINATIONS - Accrued Restructuring (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016
Restructuring Reserve [Abstract]
Restructuring charges, beginning balance	$ 650	$ 1,686
IncreaseDecreaseInRestructuringReserve	0	0
PaymentsForRestructuring	(34)	(1,036)
Restructuring charges, ending balance	616	650
RestructuringReserveNoncurrent	(539)	(576)
Restructuring Reserve Current	$ 77	$ 74

PERPETUAL CUMULATIVE CONVERTIBA

PERPETUAL CUMULATIVE CONVERTIBALE PREFERRED STOCK (Details) $ in Thousands	Dec. 31, 2016USD ($)
Preferred Stock Carrying Value [Abstract]
Perpetual Convertible Preferred Stock, Value, Issued	$ 27,732

INVESTMENTS - Debt and Equity S

INVESTMENTS - Debt and Equity Securities $ in Millions	Jul. 26, 2017USD ($)
CostmethodInvestmentsRealizedGainLossAlternativeAbstract
Original Cost	$ 9.7

CONTINGENCIES AND COMMITMENTS58

CONTINGENCIES AND COMMITMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure Abstract
Letter of credit requirement	$ 670	$ 670
Contract Termination Fee	$ 30,000

Uncategorized Items - etm-20170

Label	Element	Value
Retained Earnings [Member]
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 4,578,000
Common Class B [Member]
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	0
Additional Paid In Capital [Member]
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	534,000
Common Class A [Member]
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	us-gaap_CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	$ 0