Clear Channel Outdoor (CCO) 10-Q 22 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 17, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Entity Registrant Name	Clear Channel Outdoor Holdings, Inc.
Entity Central Index Key	1,334,978
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Class A Common Stock
Entity Common Stock, Shares Outstanding		49,005,310
Class B Common Stock
Entity Common Stock, Shares Outstanding		315,000,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 153,229	$ 144,119
Accounts receivable, net of allowance of $24,013 in 2018 and $22,487 in 2017	635,821	659,463
Prepaid expenses	151,695	111,876
Other current assets	62,908	58,714
Total Current Assets	1,003,653	974,172
PROPERTY, PLANT AND EQUIPMENT
Structures, net	1,151,469	1,180,882
Other property, plant and equipment, net	213,610	214,147
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles	977,152	977,152
Other intangibles, net	269,299	273,862
Goodwill	718,667	714,043
OTHER ASSETS
Due from iHeartCommunications, net of allowance of $855,648 in 2018 and 2017	154,758	211,990
Other assets	126,917	124,534
Total Assets	4,615,525	4,670,782
CURRENT LIABILITIES
Accounts payable	120,644	87,960
Accrued expenses	504,028	509,801
Deferred income	108,727	59,178
Current portion of long-term debt	487	573
Total Current Liabilities	733,886	657,512
Long-term debt	5,270,859	5,266,153
Due to iHeartCommunications, post iHeart Chapter 11 Cases	3,445	0
Deferred income taxes	336,787	318,107
Other long-term liabilities	264,157	270,415
Commitments and Contingent liabilities (Note 5)
STOCKHOLDERS’ DEFICIT
Noncontrolling interest	158,069	157,040
Preferred stock, par value $.01 per share, 150,000,000 shares authorized, no shares issued and outstanding	0	0
Additional paid-in capital	3,079,958	3,108,148
Accumulated deficit	(4,892,446)	(4,765,514)
Accumulated other comprehensive loss	(337,025)	(338,936)
Cost of shares (951,061 in 2018 and 946,415 in 2017) held in treasury	(5,815)	(5,793)
Total Stockholders’ Deficit	(1,993,609)	(1,841,405)
Total Liabilities and Stockholders' Equity (Deficit)	4,615,525	4,670,782
Class A common stock
STOCKHOLDERS’ DEFICIT
Common stock issued	500	500
Class B common stock
STOCKHOLDERS’ DEFICIT
Common stock issued	$ 3,150	$ 3,150

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowances for receivables	$ 24,013	$ 22,487
Allowance for related party receivable	$ 855,648	$ 855,648
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock authorized (in shares)	150,000,000	150,000,000
Preferred stock issued (in shares)	0	0
Preferred stock outstanding (in shares)	0	0
Class of Stock [Line Items]
Treasury stock (in shares)	951,061	946,415
Class A common stock
Class of Stock [Line Items]
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	750,000,000	750,000,000
Common stock issued (in shares)	49,971,476	49,955,300
Class B common stock
Class of Stock [Line Items]
Common stock par value (in dollars per share)	$ 0.01	$ 0.01
Common stock authorized (in shares)	600,000,000	600,000,000
Common stock issued (in shares)	315,000,000	315,000,000
Common stock outstanding (in shares)	315,000,000	315,000,000

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Statement [Abstract]
Revenue	$ 598,711	$ 544,726
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	360,202	327,931
Selling, general and administrative expenses (excludes depreciation and amortization)	127,408	115,774
Corporate expenses (excludes depreciation and amortization)	35,435	34,540
Depreciation and amortization	84,060	77,494
Other operating income (expense), net	(54)	32,611
Operating income (loss)	(8,448)	21,598
Interest expense	97,264	92,633
Interest income on Due from iHeartCommunications	0	14,807
Equity in earnings (loss) of nonconsolidated affiliates	188	(472)
Other income, net	19,543	3,867
Income (loss) before income taxes	(85,981)	(52,833)
Income tax benefit (expense)	(45,367)	21,837
Consolidated net loss	(131,348)	(30,996)
Less amount attributable to noncontrolling interest	(4,416)	(1,995)
Net loss attributable to the Company	(126,932)	(29,001)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	7,237	9,653
Unrealized holding loss on marketable securities	(90)	(57)
Reclassification adjustments	0	(1,644)
Other comprehensive income	7,147	7,952
Comprehensive loss	(119,785)	(21,049)
Less amount attributable to noncontrolling interest	5,236	(2,523)
Comprehensive loss attributable to the Company	$ (125,021)	$ (18,526)
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (0.35)	$ (0.08)
Weighted average common shares outstanding – Basic	361,515	360,754
Diluted (in dollars per share)	$ (0.35)	$ (0.08)
Weighted average common shares outstanding – Diluted	361,515	360,754
Dividends declared per share (in dollars per share)	$ 0.08	$ 0.78
Dividends paid per share (in dollars per share)	$ 0.08	$ 0.78

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Consolidated net loss	$ (131,348)	$ (30,996)
Reconciling items:
Depreciation and amortization	84,060	77,494
Deferred taxes	20,246	(15,579)
Provision for doubtful accounts	1,686	521
Amortization of deferred financing charges and note discounts, net	2,628	2,683
Share-based compensation	2,106	2,359
Gain on disposal of operating and other assets	(188)	(33,322)
Equity in (earnings) loss of nonconsolidated affiliates	(188)	472
Foreign exchange transaction gain	(19,600)	(3,534)
Other reconciling items, net	(1,059)	(1,478)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	36,317	37,052
Increase in prepaid expenses and other current assets	(38,423)	(55,095)
Decrease in accrued expenses	(26,832)	(59,481)
Increase (decrease) in accounts payable	30,574	(15,506)
Increase in accrued interest	8,491	4,835
Increase in deferred income	47,384	44,232
Changes in other operating assets and liabilities	(10,828)	(4,367)
Net cash provided by (used for) operating activities	5,026	(49,710)
Cash flows from investing activities:
Purchases of property, plant and equipment	(28,672)	(36,344)
Proceeds from disposal of assets	1,281	53,279
Purchases of other operating assets	(34)	(1,064)
Change in other, net	168	(214)
Net cash provided by (used for) investing activities	(27,257)	15,657
Cash flows from financing activities:
Payments on credit facilities	0	(375)
Payments on long-term debt	(155)	(163)
Net transfers from (to) iHeartCommunications	60,677	(29,448)
Dividends and other payments from (to) noncontrolling interests	(97)	826
Dividends paid	(29,910)	(281,673)
Change in other, net	(16)	(257)
Net cash provided by (used for) financing activities	30,499	(311,090)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	3,292	3,588
Net increase (decrease) in cash, cash equivalents and restricted cash	11,560	(341,555)
Cash, cash equivalents and restricted cash at beginning of period	188,310	563,149
Cash, cash equivalents and restricted cash at end of period	188,310	563,149
SUPPLEMENTAL DISCLOSURES:
Cash paid for interest	86,054	86,759
Cash paid for income taxes	$ 9,303	$ 17,193

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION Preparation of Interim Financial Statements All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to Clear Channel Outdoor Holdings, Inc. and its consolidated subsidiaries. Our reportable segments are Americas outdoor advertising (“Americas”) and International outdoor advertising (“International”). The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2017 Annual Report on Form 10-K. The consolidated financial statements include the accounts of the Company and its subsidiaries and give effect to allocations of expenses from the Company’s indirect parent entity, iHeartCommunications, Inc. (“iHeartCommunications”). These allocations were made on a specifically identifiable basis or using relative percentages of headcount or other methods management considered to be a reasonable reflection of the utilization of services provided. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. The Company re-evaluated its segment reporting and determined that its Latin American operations should be managed by its International leadership team. As a result, beginning on January 1, 2018, the operations of Latin America are no longer reflected within the Company’s Americas segment and are included in the results of its International segment. Accordingly, the Company has recast the corresponding segment disclosures for prior periods to include Latin America within the International segment. New Accounting Pronouncements Recently Adopted As of January 1, 2018, the Company adopted the new accounting standard, ASC 606, Revenue from Contracts with Customers . This standard provides guidance for the recognition, measurement and disclosure of revenue from contracts with customers and supersedes previous revenue recognition guidance under U.S. GAAP. The Company has applied this standard using the full retrospective method and concluded that its adoption did not have a material impact on the Company’s balance sheets, statements of comprehensive loss, or statements of cash flows for prior periods. Please refer to Note 2, “Revenue from Contracts with Customers,” for more information. As a result of adopting this new accounting standard, the Company has updated its significant accounting policies for accounts receivable and revenue recognition, as follows: Accounts Receivable Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for doubtful accounts. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where it is aware of a specific customer’s inability to meet its financial obligations, it records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, it recognizes reserves for bad debt based on historical experience of bad debts as a percent of revenue for each business unit, adjusted for relative improvements or deteriorations in the agings and changes in current economic conditions. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers. Revenue Recognition The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). When this consideration includes a variable amount, the Company estimates the amount of consideration it expects to receive and only recognizes revenue to the extent that it is probable it will not be reversed in a future reporting period. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the Company’s Americas and International outdoor advertising segments’ contracts, which typically cover periods of a few weeks to one year, are generally recognized ratably over the term of the contract as the advertisement is displayed and the performance obligation is satisfied. Advertising revenue is reported net of agency commissions. The Company receives payments from customers based on billing schedules that are established in its contracts. Outdoor advertising contracts are generally billed monthly. Americas outdoor is generally billed in advance, and International outdoor includes a combination of advance billings and billings upon completion of service. Deferred income is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. Trade and barter transactions represent the exchange of display space for merchandise, services or other assets in the ordinary course of business. The transaction price for these contracts is determined as the estimated fair value of the non-cash consideration received unless this is not reasonably estimable, in which case the consideration is measured based on the standalone selling price of the display space promised to the customer. Revenue is recognized on trade and barter transactions when the advertisements are displayed, and expenses are recorded ratably over a period that estimates when the merchandise, services or other assets received are utilized, or when the event occurs. Trade and barter revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively. Trade and barter revenues and expenses from continuing operations were as follows: Three Months Ended March 31, (In thousands) 2018 2017 Consolidated: Trade and barter revenues $ 3,339 $ 4,009 Trade and barter expenses 4,720 3,780 The Company applies a practical expedient to recognize incremental costs of obtaining a contract as expense when incurred if the period of benefit is one year or less. These costs primarily relate to sales commissions, which are included in selling, general and administrative expenses and are generally commensurate with sales. Total capitalized costs to obtain a contract were immaterial during the periods presented. Refer to Note 2, Revenue from Contracts with Customers , for more information about the Company’s revenue for the three months ended March 31, 2018 and 2017. Restricted Cash In November 2016, the FASB issued ASU 2016-18, Restricted Cash , which requires that restricted cash be presented with cash and cash equivalents in the statement of cash flows. Restricted cash is recorded in Other current assets and in Other assets in the Company's Consolidated Balance Sheets. The Company adopted ASU 2016-18 in the first quarter using the retrospective transition method, and accordingly, revised prior period amounts as shown in the Company's Consolidated Statements of Cash Flows. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total of the amounts reported in the Consolidated Statement of Cash Flows: (In thousands) March 31, 2018 December 31, 2017 Cash and cash equivalents $ 153,229 $ 144,119 Restricted cash included in: Other current assets 30,054 26,096 Other assets 16,587 18,095 Total cash, cash equivalents and restricted cash in the Statement of Cash Flows $ 199,870 $ 188,310 Stock Compensation During the second quarter of 2017, the FASB issued ASU 2017-09, Compensation - Stock Compensation (Topic 718) . This update mandates that entities will apply the modification accounting guidance if the value, vesting conditions or classification of a stock-based award changes. Entities will have to make all of the disclosures about modifications that are required today, in addition to disclosing that compensation expense hasn't changed. Additionally, the new guidance also clarifies that a modification to an award could be significant and therefore require disclosure, even if the modification accounting is not required. The guidance will be applied prospectively to awards modified on or after the adoption date and is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company adopted the provisions of ASU 2017-09 on January 1, 2018 and the adoption of ASU 2017-09 did not have an impact on our consolidated financial statements. New Accounting Pronouncements Not Yet Adopted During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350) . This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.

REVENUE FROM CONTRACTS WITH CUS

REVENUE FROM CONTRACTS WITH CUSTOMERS	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
REVENUE FROM CONTRACTS WITH CUSTOMERS	REVENUE FROM CONTRACTS WITH CUSTOMERS The Americas and International outdoor segments generate revenue primarily from the sale of advertising space on printed and digital displays, including billboards, street furniture displays, transit displays and retail displays. Certain of the revenue transactions in the Outdoor segments are considered leases as the agreements convey to customers the right to use the Company’s advertising structures for a stated period of time. In order for a transaction with a customer to qualify as a lease, the arrangement must be dependent on the use of a specified advertising structure, and the customer must have almost exclusive use of that structure during the term of the arrangement. Therefore, arrangements that do not involve the use of an advertising structure, where the Company can substitute the advertising structure that is used to display the customer’s advertisement, or where the advertising structure displays advertisements for multiple customers throughout the day are not leases. The Company accounts for revenue from leases, which are all classified as operating leases, in accordance with the lease accounting guidance ( Topic 840 ). All of the Company’s revenue transactions that do not qualify as a lease are accounted for as revenue from contracts with customers ( Topic 606 ). The following table shows, by segment, revenue from contracts with customers disaggregated by geographical region, revenue from leases and total revenue for the three months ended March 31, 2018 and 2017 : (In thousands) Americas Outdoor (1) International Outdoor (1) Consolidated Three Months Ended March 31, 2018 Revenue from contracts with customers: United States $ 96,147 $ — $ 96,147 Other Americas 650 16,792 17,442 Europe — 188,381 188,381 Asia-Pacific and other — 6,508 6,508 Eliminations — (71 ) (71 ) Total $ 96,797 $ 211,610 $ 308,407 Revenue from leases 159,050 131,254 290,304 Total Revenue $ 255,847 $ 342,864 $ 598,711 Three Months Ended March 31, 2017 Revenue from contracts with customers: United States $ 93,662 $ — $ 93,662 Other Americas 3,531 13,457 16,988 Europe — 154,604 154,604 Asia-Pacific and other — 5,456 5,456 Eliminations — (40 ) (40 ) Total $ 97,193 $ 173,477 $ 270,670 Revenue from leases 163,153 110,903 274,056 Total Revenue $ 260,346 $ 284,380 $ 544,726 (1) Due to a re-evaluation of the Company’s internal segment reporting during the three months ended March 31, 2018 , its operations in Latin America are being included in the International outdoor advertising segment results for all periods presented. See Note 1, Basis of Presentation . All of the Company’s advertising structures are used to generate revenue. Such revenue may be classified as revenue from contracts with customers or revenue from leases depending on the terms of the contract, as previously described. Revenue from Contracts with Customers The following table presents the activity related to the Company’s contract balances from contracts with customers for the three months ended March 31, 2018 and 2017 : Three Months Ended March 31, (In thousands) 2018 2017 Accounts receivable from contracts with customers: Beginning balance, net of allowance $ 351,228 $ 300,216 Additions (collections), net (40,323 ) (28,005 ) Bad debt, net of recoveries (641 ) (218 ) Ending balance, net of allowance $ 310,264 $ 271,993 Accounts receivable from leases 325,557 288,778 Accounts receivable, total $ 635,821 $ 560,771 Deferred income from contracts with customers: Beginning balance $ 28,211 $ 28,681 Revenue recognized, included in beginning balance (19,522 ) (21,246 ) Additions, net of revenue recognized during period 36,315 41,414 Ending balance $ 45,004 $ 48,849 Deferred income from leases 68,682 67,158 Deferred income, total $ 113,686 $ 116,007 The Company’s contracts with customers generally have a term of one year or less; however, as of March 31, 2018 , the Company expects to recognize $74.4 million of revenue in future periods for remaining performance obligations from current contracts with customers that have an original expected duration of greater than one year, with substantially all of this amount to be recognized over the next five years. As part of the transition to the new revenue standard, the Company is not required to disclose information about remaining performance obligations for periods prior to the date of initial application. Revenue from Leases As of December 31, 2017 , the Company’s future minimum rentals under non-cancelable operating leases were as follows: (in thousands) 2018 $ 277,462 2019 34,395 2020 17,155 2021 12,004 2022 8,552 Thereafter 7,197 Total minimum future rentals $ 356,765

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Property, Plant and Equipment The Company’s property, plant and equipment consisted of the following classes of assets as of March 31, 2018 and December 31, 2017 , respectively: (In thousands) March 31, December 31, Land, buildings and improvements $ 147,376 $ 145,763 Structures 2,890,924 2,864,442 Furniture and other equipment 186,265 179,215 Construction in progress 56,096 55,753 3,280,661 3,245,173 Less: accumulated depreciation 1,915,582 1,850,144 Property, plant and equipment, net $ 1,365,079 $ 1,395,029 Indefinite-lived Intangible Assets The Company’s indefinite-lived intangible assets consist primarily of billboard permits in its Americas segment. Due to significant differences in both business practices and regulations, billboards in the International segment are subject to long-term, finite contracts unlike the Company’s permits in the United States. Accordingly, there are no indefinite-lived intangible assets in the International segment. Other Intangible Assets Other intangible assets include definite-lived intangible assets and permanent easements. The Company’s definite-lived intangible assets primarily include transit and street furniture contracts, site leases and other contractual rights, all of which are amortized over the shorter of either the respective lives of the agreements or over the period of time the assets are expected to contribute directly or indirectly to the Company’s future cash flows. Permanent easements are indefinite-lived intangible assets which include certain rights to use real property not owned by the Company. The Company periodically reviews the appropriateness of the amortization periods related to its definite-lived intangible assets. These assets are recorded at cost. The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of March 31, 2018 and December 31, 2017 , respectively: (In thousands) March 31, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 557,381 $ (453,022 ) $ 548,918 $ (440,284 ) Permanent easements 162,920 — 162,920 — Other 6,264 (4,244 ) 4,626 (2,318 ) Total $ 726,565 $ (457,266 ) $ 716,464 $ (442,602 ) Total amortization expense related to definite-lived intangible assets for the three months ended March 31, 2018 and 2017 was $5.2 million and $7.0 million , respectively. As acquisitions and dispositions occur in the future, amortization expense may vary. The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets: (In thousands) 2019 $ 15,456 2020 $ 13,080 2021 $ 12,841 2022 $ 10,937 2023 $ 6,601 Goodwill The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments: (In thousands) Americas International Consolidated Balance as of December 31, 2016 $ 505,478 $ 190,785 $ 696,263 Acquisitions 2,252 — 2,252 Impairment — (1,591 ) (1,591 ) Dispositions — (1,817 ) (1,817 ) Foreign currency — 18,847 18,847 Assets held for sale 89 — 89 Balance as of December 31, 2017 $ 507,819 $ 206,224 $ 714,043 Foreign currency — 4,624 4,624 Balance as of March 31, 2018 $ 507,819 $ 210,848 $ 718,667

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding as of March 31, 2018 and December 31, 2017 consisted of the following: (In thousands) March 31, December 31, Clear Channel Worldwide Holdings Senior Notes: 6.5% Series A Senior Notes Due 2022 $ 735,750 $ 735,750 6.5% Series B Senior Notes Due 2022 1,989,250 1,989,250 Clear Channel Worldwide Holdings Senior Subordinated Notes: 7.625% Series A Senior Subordinated Notes Due 2020 275,000 275,000 7.625% Series B Senior Subordinated Notes Due 2020 1,925,000 1,925,000 Senior Revolving Credit Facility Due 2018 (1) — — Clear Channel International B.V. Senior Notes Due 2020 375,000 375,000 Other debt 4,385 2,393 Original issue discount (360 ) (241 ) Long-term debt fees (32,679 ) (35,426 ) Total debt $ 5,271,346 $ 5,266,726 Less: current portion 487 573 Total long-term debt $ 5,270,859 $ 5,266,153 (1) The senior revolving credit facility provides for borrowings up to $75.0 million (the revolving credit commitment). As of March 31, 2018 , the Company had $66.5 million of letters of credit outstanding, and $8.5 million of availability, under the senior revolving credit facility. The facility matures on August 22, 2018, and the Company is in advanced negotiations with potential lenders to refinance the existing credit facility prior to its maturity. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $5.4 billion and $5.3 billion as of March 31, 2018 and December 31, 2017 , respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company’s debt is classified as Level 1. Surety Bonds, Letters of Credit and Guarantees As of March 31, 2018 , the Company had $41.7 million , $91.2 million and $39.9 million in surety bonds, letters of credit and bank guarantees outstanding, respectively. A portion of the outstanding bank guarantees and letters of credit were supported by $17.8 million and $25.4 million of cash collateral, respectively. Additionally, as of March 31, 2018 , iHeartCommunications had outstanding commercial standby letters of credit and surety bonds of $1.2 million and $13.4 million , respectively, held on behalf of the Company. These surety bonds, letters of credit and bank guarantees relate to various operational matters, including insurance, bid and performance bonds, as well as other items.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES The Company and its subsidiaries are involved in certain legal proceedings arising in the ordinary course of business and, as required, have accrued an estimate of the probable costs for the resolution of those claims for which the occurrence of loss is probable and the amount can be reasonably estimated. These estimates have been developed in consultation with counsel and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. It is possible, however, that future results of operations for any particular period could be materially affected by changes in the Company’s assumptions or the effectiveness of its strategies related to these proceedings. Additionally, due to the inherent uncertainty of litigation, there can be no assurance that the resolution of any particular claim or proceeding would not have a material adverse effect on the Company’s financial condition or results of operations. Although the Company is involved in a variety of legal proceedings in the ordinary course of business, a large portion of the Company’s litigation arises in the following contexts: commercial disputes; misappropriation of likeness and right of publicity claims; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes. Stockholder Litigation On May 9, 2016, a stockholder of the Company filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management Inc. v. iHeartMedia Inc. et al., C.A. No. 12312-VCS. The complaint named as defendants iHeartCommunications, Inc. (“iHeartCommunications”), the Company’s indirect parent company, iHeartMedia, Inc. (“iHeartMedia”), the parent company of iHeartCommunications, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the “Sponsor Defendants”), iHeartMedia’s private equity sponsors and majority owners, and the members of the Company’s board of directors. The Company also was named as a nominal defendant. The complaint alleged that the Company had been harmed by the intercompany agreements with iHeartCommunications, the Company’s lack of autonomy over its own cash and the actions of the defendants in serving the interests of iHeartMedia, iHeartCommunications and the Sponsor Defendants to the detriment of the Company and its minority stockholders. Specifically, the complaint alleged that the defendants breached their fiduciary duties by causing the Company to: (i) continue to loan cash to iHeartCommunications under the intercompany note at below-market rates; (ii) abandon its growth and acquisition strategies in favor of transactions that would provide cash to iHeartMedia and iHeartCommunications; (iii) issue new debt in the CCIBV note offering (the “CCIBV Note Offering”) to provide cash to iHeartMedia and iHeartCommunications through a dividend; and (iv) effect the sales of certain outdoor markets in the U.S. (the “Outdoor Asset Sales”) allegedly to provide cash to iHeartMedia and iHeartCommunications through a dividend. The complaint also alleged that iHeartMedia, iHeartCommunications and the Sponsor Defendants aided and abetted the directors’ breaches of their fiduciary duties. The complaint further alleged that iHeartMedia, iHeartCommunications and the Sponsor Defendants were unjustly enriched as a result of these transactions and that these transactions constituted a waste of corporate assets for which the defendants are liable to the Company. The plaintiff sought, among other things, a ruling that the defendants breached their fiduciary duties to the Company and that iHeartMedia, iHeartCommunications and the Sponsor Defendants aided and abetted the board of directors’ breaches of fiduciary duty, rescission of payments to iHeartCommunications and its affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring iHeartMedia, iHeartCommunications and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct. On July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants’ motion to dismiss all claims brought by the plaintiff. On December 19, 2016, the plaintiff filed a notice of appeal of the ruling. The oral hearing on the appeal was held on October 11, 2017. On October 12, 2017, the Supreme Court of Delaware affirmed the lower court's ruling, dismissing the case. On December 29, 2017, another stockholder of the Company filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned Norfolk County Retirement System, v. iHeartMedia, Inc., et al., C.A. No. 2017-0930-JRS. The complaint names as defendants iHeartMedia, iHeartCommunications, the Sponsor Defendants, and the members of the Company's board of directors. The Company is named as a nominal defendant. The complaint alleges that the Company has been harmed by the Company Board’s November 2017 decision to extend the maturity date of the intercompany revolving note (the “Third Amendment”) at what the complaint describes as far-below-market interest rates. Specifically, the complaint alleges that (i) iHeartMedia and Sponsor defendants breached their fiduciary duties by exploiting their position of control to require the Company to enter the Third Amendment on terms unfair to the Company; (ii) the Company Board breached their duty of loyalty by approving the Third Amendment and elevating the interests of iHeartMedia, iHeartCommunications and the Sponsor Defendants over the interests of the Company and its minority unaffiliated stockholders; and (iii) the terms of the Third Amendment could not have been agreed to in good faith and represent a waste of corporate assets by the Company Board. The complaint further alleges that iHeartMedia, iHeartCommunications and the Sponsor defendants were unjustly enriched as a result of the unfairly favorable terms of the Third Amendment. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to the Company, a modification of the Third Amendment to bear a commercially reasonable rate of interest, and an order requiring disgorgement of all profits, benefits and other compensation obtained by defendants as a result of the alleged breaches of fiduciary duties. On December 29, 2017, another stockholder of CCOH filed a derivative lawsuit in the Court of Chancery of the State of Delaware, captioned Norfolk County Retirement System, v. iHeartMedia, Inc., et al., C.A. No. 2017-0930-JRS. The complaint names as defendants the Company, iHeartCommunications, the Sponsor Defendants, and the members of CCOH's board of directors. CCOH is named as a nominal defendant. The complaint alleges that CCOH has been harmed by the CCOH Board’s November 2017 decision to extend the maturity date of the intercompany revolving note (the “Third Amendment”) at what the complaint describes as far-below-market interest rates. Specifically, the complaint alleges that (i) the Company and Sponsor defendants breached their fiduciary duties by exploiting their position of control to require CCOH to enter the Third Amendment on terms unfair to CCOH; (ii) the CCOH Board breached their duty of loyalty by approving the Third Amendment and elevating the interests of the Company, iHeartCommunications and the Sponsor Defendants over the interests of CCOH and its minority unaffiliated stockholders; and (iii) the terms of the Third Amendment could not have been agreed to in good faith and represent a waste of corporate assets by the CCOH Board. The complaint further alleges that the Company, iHeartCommunications and the Sponsor defendants were unjustly enriched as a result of the unfairly favorable terms of the Third Amendment. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH, a modification of the Third Amendment to bear a commercially reasonable rate of interest, and an order requiring disgorgement of all profits, benefits and other compensation obtained by defendants as a result of the alleged breaches of fiduciary duties. On March 7, 2018, the defendants filed a motion to dismiss plaintiff's verified derivative complaint for failure to state a claim upon which relief can be granted. On March 16, 2018, iHeartMedia filed a Notice of Suggestion of Pendency of Bankruptcy and Automatic Stay of Proceedings. On May 4, 2018, plaintiff filed its response to the motion to dismiss. China Investigation Several employees of Clear Media Limited, an indirect, non-wholly-owned subsidiary of the Company whose ordinary shares are listed, but are currently suspended from trading on, the Hong Kong Stock Exchange, are subject to an ongoing police investigation in China for misappropriation of funds. The police investigation is on-going, and the Company is not aware of any litigation, claim or assessment pending against the Company. Based on information known to date, the Company believes any contingent liabilities arising from potential misconduct that has been or may be identified by the investigations are not material to the Company's consolidated financial statements. The Company advised both the United States Securities and Exchange Commission and the United States Department of Justice of the investigation at Clear Media Limited and is cooperating to provide information in response to inquiries from the agencies. The Clear Media Limited investigation could implicate the books and records, internal controls and anti-bribery provisions of the U.S. Foreign Corrupt Practices Act, which statute and regulations provide for potential monetary penalties as well as criminal and civil sanctions. It is possible that monetary penalties and other sanctions could be assessed on the Company in connection with this matter. The nature and amount of any monetary penalty or other sanctions cannot reasonably be estimated at this time.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS The Company records net amounts due from iHeartCommunications as “Due from iHeartCommunications” on the consolidated balance sheets. The amounts represent the revolving promissory note issued by the Company to iHeartCommunications and the revolving promissory note issued by iHeartCommunications to the Company in the face amount of $ 1.0 billion , or if more or less than such amount, the aggregate unpaid principal amount of all advances. The amounts accrue interest pursuant to the terms of the promissory notes and are generally payable on demand or when they mature on May 15, 2019. Included in the amounts are the net activities resulting from day-to-day cash management services provided by iHeartCommunications. As a part of these services, the Company maintains collection bank accounts swept daily into accounts of iHeartCommunications (after satisfying the funding requirements of the Trustee Accounts under the CCWH Senior Notes and the CCWH Subordinated Notes and the Company’s controlled disbursement accounts as checks or electronic payments are presented for payment). The Company’s claim in relation to cash transferred from its concentration account is on an unsecured basis and is limited to the balance of the “Due from iHeartCommunications” account. As of March 31, 2018 and December 31, 2017 , the asset recorded in “Due from iHeartCommunications” on the consolidated balance sheet was $154.8 million and $212.0 million , respectively. On March 14, 2018, iHeartMedia, iHeartCommunications and certain of iHeartMedia's direct and indirect domestic subsidiaries, not including the Company or any of its subsidiaries (collectively, the "Debtors"), filed voluntary petitions for relief (the "iHeart Chapter 11 Cases") under Chapter 11 of the United States Bankruptcy Code, in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the "Bankruptcy Court"). As an unsecured creditor of iHeartCommunications, the Company does not expect that the Company will be able to recover all of the amounts owed under the Due from iHeartCommunications Note upon the implementation of any plan of reorganization that is ultimately accepted by the requisite creditors and approved by the Bankruptcy Court. As a result, the Company recognized a loss of $855.6 million on the Due from iHeartCommunications Note during the fourth quarter of 2017 to reflect the estimated recoverable amount of the note as of December 31, 2017, based on management's best estimate of the cash settlement amount. In addition, starting January 1, 2018 the Company ceased recording interest income on the balance due from iHeartCommunications as the collectability of the interest was not considered probable. As a result of the $855.6 million allowance on the Due from iHeartCommunications Note and the $21.3 million reserve recognized in relation to interest incurred during the three months ended March 31, 2018 , the amount outstanding of $1,031.7 million as of March 31, 2018 was reduced to $154.8 million as of March 31, 2018 . The final settlement amount of the Due from iHeartCommunications note is expected to be negotiated as part of iHeartCommunications' bankruptcy proceedings. The final settlement amount may differ from the estimated recoverable amount of $154.8 million . The terms of the Due from iHeartCommunications Note provide that any balance over $1.0 billion accrues at an interest rate equal to the average yield of the nearest dated reference security, capped at 20% . As of March 31, 2018 , the balance outstanding on the "Due from iHeartCommunications" exceeded $1.0 billion and therefore the interest rate applied to $1.0 billion of the balance outstanding was 9.3% . The interest rate applied to the remaining balance was 20.0% . As noted above, no interest income was recorded during the three months ended March 31, 2018 . The Company recognized interest income in the three months ended March 31, 2017 of $14.8 million . Pursuant to a final order entered by the Bankruptcy Court, as of March 14, 2018, the actual pre-bankruptcy balance of the Due from iHeartCommunications Note is frozen, and following March 14, 2018, intercompany allocations that would have been reflected in adjustments to the balance of the Due from iHeartCommunications Note are instead reflected in a new intercompany balance that accrues interest at a rate equal to the interest under the Due from iHeartCommunications Note. The $3.4 million owed by the Company to iHeartCommunications as of March 31, 2018 is reflected as "Due to iHeartCommunications, post iHeart Chapter 11 Cases" on the Company's Consolidated Balance Sheet. If the Company does not recognize the expected recovery under the Due from iHeartCommunications Note, or cannot obtain that amount on a timely basis, the Company could experience a liquidity shortfall. In addition, any repayments that the Company received on the Due from iHeartCommunications Note during the one-year preference period prior to the filing of the iHeart Chapter 11 Cases may potentially be avoidable as a preference and subject to recovery by the iHeartCommunications bankruptcy estate, which could further exacerbate any liquidity shortfall. The Company provides advertising space on its billboards for iHeartMedia, Inc. and for radio stations owned by iHeartMedia, Inc. For the three months ended March 31, 2018 and 2017 , the Company recorded $1.5 million and $1.8 million , respectively, in revenue for these advertisements. Under the Corporate Services Agreement between iHeartCommunications and the Company, iHeartCommunications provides management services to the Company, which include, among other things: (i) treasury, payroll and other financial related services; (ii) certain executive officer services; (iii) human resources and employee benefits services; (iv) legal and related services; (v) information systems, network and related services; (vi) investment services; (vii) procurement and sourcing support services; and (viii) other general corporate services. These services are charged to the Company based on actual direct costs incurred or allocated by iHeartCommunications based on headcount, revenue or other factors on a pro rata basis. For the three months ended March 31, 2018 and 2017 , the Company recorded $17.2 million and $16.2 million , respectively, as a component of corporate expenses for these services. The iHeart Chapter 11 Cases could materially impact iHeartCommunications' ability to provide these services to us, which could cause significant uncertainties for us and disrupt our operations and/or adversely affect our rights under the Corporate Services Agreement and the other intercompany agreements. Pursuant to the Tax Matters Agreement between iHeartCommunications and the Company, the operations of the Company are included in a consolidated federal income tax return filed by iHeartCommunications. The Company’s provision for income taxes has been computed on the basis that the Company files separate consolidated federal income tax returns with its subsidiaries. Tax payments are made to iHeartCommunications on the basis of the Company’s separate taxable income. Tax benefits recognized on the Company’s employee stock option exercises are retained by the Company. The Company computes its deferred income tax provision using the liability method in accordance with the provisions of ASC 740-10, as if the Company was a separate taxpayer. Deferred tax assets and liabilities are determined based on differences between the financial reporting basis and tax basis of assets and liabilities and are measured using the enacted tax rates expected to apply to taxable income in the periods in which the deferred tax asset or liability is expected to be realized or settled. Deferred tax assets are reduced by valuation allowances if the Company believes it is more likely than not some portion or all of the asset will not be realized. Pursuant to the Employee Matters Agreement, the Company’s employees participate in iHeartCommunications’ employee benefit plans, including employee medical insurance and a 401(k) retirement benefit plan. For the three months ended March 31, 2018 and 2017 , the Company recorded $2.3 million and $2.4 million , respectively, as a component of selling, general and administrative expenses for these services.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Benefit (Expense) The Company’s income tax benefit (expense) for the three months ended March 31, 2018 and 2017 consisted of the following components: (In thousands) Three Months Ended March 31, 2018 2017 Current tax benefit (expense) $ (25,121 ) $ 6,258 Deferred tax benefit (expense) (20,246 ) 15,579 Income tax benefit (expense) $ (45,367 ) $ 21,837 The effective tax rate for the three months ended March 31, 2018 was (52.8)% . The effective rate was primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current period net operating losses in U.S. federal, state and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods. The effective tax rate for the three months ended March 31, 2017 was 41.3% . The effective rate for the three months ended March 31, 2017 was primarily impacted by the Company's inability to benefit from losses in certain foreign jurisdictions due to uncertainty regarding the ability to utilize those losses in future periods. On December 22, 2017, the U.S. government enacted comprehensive income tax legislation, referred to as The Tax Cuts and Jobs Act (the Tax Act) which reduced the U.S. federal corporate tax rate from 35% to 21% effective January 1, 2018. During the three months ended March 31, 2018 , adjustments to the provisional income tax benefit recorded in December 2017 from the enactment of the Tax Act were not material. At March 31, 2018 , we have not yet completed our accounting for the income tax effects of the Tax Act, but have made reasonable estimates of those effects on our existing deferred income tax balances. The final financial statement impact of the Tax Act may differ from our previously recorded estimates, possibly materially, due to, among other things, changes in interpretations of the Tax Act, any legislative action to address questions that arise because of the Tax Act, and changes in accounting standards for income taxes or related interpretations in response to the Tax Act, or any updates to estimates the company has utilized to calculate the provisional impacts. The Securities and Exchange Commission (SEC) has issued rules that allow for a measurement period of up to one year after the enactment date of the Tax Act to finalize the recording of the related income tax impacts.

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT)	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
STOCKHOLDERS' EQUITY (DEFICIT)	STOCKHOLDERS’ EQUITY (DEFICIT) The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. The following table shows the changes in stockholders’ equity (deficit) attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest: (In thousands) The Company Noncontrolling Interests Consolidated Balances as of January 1, 2018 $ (1,998,445 ) $ 157,040 $ (1,841,405 ) Net loss (126,932 ) (4,416 ) (131,348 ) Dividends paid (29,995 ) — (29,995 ) Payments to noncontrolling interests — (97 ) (97 ) Share-based compensation 1,800 306 2,106 Foreign currency translation adjustments 2,001 5,236 7,237 Unrealized holding loss on marketable securities (90 ) — (90 ) Reclassification adjustments — — — Other, net (17 ) — (17 ) Balances as of March 31, 2018 $ (2,151,678 ) $ 158,069 $ (1,993,609 ) Balances as of January 1, 2017 $ (1,080,812 ) $ 149,886 $ (930,926 ) Net loss (29,001 ) (1,995 ) (30,996 ) Dividends declared (282,486 ) — (282,486 ) Payments from noncontrolling interests — 826 826 Share-based compensation 2,230 129 2,359 Disposal of noncontrolling interest — (1,046 ) (1,046 ) Foreign currency translation adjustments 12,176 (2,523 ) 9,653 Unrealized holding loss on marketable securities (57 ) — (57 ) Reclassification adjustments (1,644 ) — (1,644 ) Other, net (85 ) (137 ) (222 ) Balances as of March 31, 2017 $ (1,379,679 ) $ 145,140 $ (1,234,539 ) The Company has granted restricted stock, restricted stock units and options to purchase shares of its Class A common stock to certain key individuals. On February 23, 2017, the Company paid a special cash dividend to our stockholders of $282.5 million , using proceeds from the sales of certain non-strategic U.S. markets and of our business in Australia. iHeartCommunications received 89.9% , or approximately $254.0 million , with the remaining 10.1% , or approximately $28.5 million , paid to our public stockholders. The payment of these special dividends reduces the amount of cash available to us for future working capital, capital expenditure, debt service and other funding requirements. On January 5, 2018, the board of directors of the Company declared a special cash dividend paid on January 24, 2018 to Class A and Class B stockholders of record at the closing of business on January 19, 2018, in an aggregate amount equal to $30.0 million . iHeartCommunications received approximately 89.5% , or approximately $26.8 million , of the proceeds of the dividend through its wholly-owned subsidiaries. The remaining approximately 10.5% of the proceeds of the dividend, or approximately $3.2 million , was paid to the Company's public stockholders. COMPUTATION OF LOSS PER SHARE (In thousands, except per share data) Three Months Ended 2018 2017 NUMERATOR: Net loss attributable to the Company – common shares $ (126,932 ) $ (29,001 ) DENOMINATOR: Weighted average common shares outstanding - basic 361,515 360,754 Stock options and restricted stock (1) — — Weighted average common shares outstanding - diluted 361,515 360,754 Net loss attributable to the Company per common share: Basic $ (0.35 ) $ (0.08 ) Diluted $ (0.35 ) $ (0.08 ) (1) Outstanding equity awards of 7.9 million and 7.2 million for the three months ended March 31, 2018 and 2017 , respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

OTHER INFORMATION

OTHER INFORMATION	3 Months Ended
	Mar. 31, 2018
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Other Comprehensive Income (Loss) There was no change in deferred income tax liabilities resulting from adjustments to comprehensive loss for the three months ended March 31, 2018 and 2017 .

SEGMENT DATA

SEGMENT DATA	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
SEGMENT DATA	SEGMENT DATA The Company has two reportable segments, which it believes best reflect how the Company is currently managed – Americas and International. The Americas segment consists of operations primarily in the United States and the International segment primarily includes operations in Europe, Asia and Latin America. The Americas and International display inventory consists primarily of billboards, street furniture displays and transit displays. Corporate includes infrastructure and support including information technology, human resources, legal, finance and administrative functions of each of the Company’s reportable segments, as well as overall executive, administrative and support functions. Share-based payments are recorded in corporate expenses. As of January 1, 2018, the Company revised its segment reporting, as discussed in Note 1. The following table presents the Company's reportable segment results for the three months ended March 31, 2018 and 2017 : (In thousands) Americas International Corporate and other reconciling items Consolidated Three Months Ended March 31, 2018 Revenue $ 255,847 $ 342,864 $ — $ 598,711 Direct operating expenses 124,873 235,329 — 360,202 Selling, general and administrative expenses 48,950 78,458 — 127,408 Corporate expenses — — 35,435 35,435 Depreciation and amortization 44,504 38,565 991 84,060 Other operating expense, net — — (54 ) (54 ) Operating income (loss) $ 37,520 $ (9,488 ) $ (36,480 ) $ (8,448 ) Capital expenditures $ 12,907 $ 15,272 $ 493 $ 28,672 Share-based compensation expense $ — $ — $ 2,106 $ 2,106 Three Months Ended March 31, 2017 Revenue $ 260,346 $ 284,380 $ — $ 544,726 Direct operating expenses 130,651 197,280 — 327,931 Selling, general and administrative expenses 50,378 65,396 — 115,774 Corporate expenses — — 34,540 34,540 Depreciation and amortization 42,816 33,152 1,526 77,494 Other operating income, net — — 32,611 32,611 Operating income (loss) $ 36,501 $ (11,448 ) $ (3,455 ) $ 21,598 Capital expenditures $ 13,588 $ 22,340 $ 416 $ 36,344 Share-based compensation expense $ — $ — $ 2,359 $ 2,359

GUARANTOR SUBSIDIARIES

GUARANTOR SUBSIDIARIES	3 Months Ended
	Mar. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
GUARANTOR SUBSIDIARIES	GUARANTOR SUBSIDIARIES The Company and certain of the Company’s direct and indirect wholly-owned domestic subsidiaries (the “Guarantor Subsidiaries”) fully and unconditionally guarantee on a joint and several basis certain of the outstanding indebtedness of Clear Channel Worldwide Holdings, Inc. ("CCWH" or the “Subsidiary Issuer”). The following consolidating schedules present financial information on a combined basis in conformity with the SEC’s Regulation S-X Rule 3-10(d): (In thousands) March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 2,304 $ — $ 15,490 $ 135,435 $ — $ 153,229 Accounts receivable, net of allowance — — 180,224 455,597 — 635,821 Intercompany receivables — 781,444 2,893,271 79,300 (3,754,015 ) — Prepaid expenses 264 3,075 68,448 79,908 — 151,695 Other current assets 25,441 — 2,577 34,890 — 62,908 Total Current Assets 28,009 784,519 3,160,010 785,130 (3,754,015 ) 1,003,653 Structures, net — — 651,882 499,587 — 1,151,469 Other property, plant and equipment, net — — 116,548 97,062 — 213,610 Indefinite-lived intangibles — — 977,152 — — 977,152 Other intangibles, net — — 245,252 24,047 — 269,299 Goodwill — — 507,819 210,848 — 718,667 Due from iHeartCommunications 154,758 — — — — 154,758 Intercompany notes receivable 182,026 5,097,092 5,746 16,273 (5,301,137 ) — Other assets 336,110 106,036 1,331,326 70,945 (1,717,500 ) 126,917 Total Assets $ 700,903 $ 5,987,647 $ 6,995,735 $ 1,703,892 $ (10,772,652 ) $ 4,615,525 Accounts payable $ — $ — $ 29,162 $ 91,482 $ — $ 120,644 Intercompany payable 2,893,271 — 860,744 — (3,754,015 ) — Accrued expenses (11,573 ) 2,662 118,597 394,342 — 504,028 Deferred income — — 43,752 64,975 — 108,727 Current portion of long-term debt — — 138 349 — 487 Total Current Liabilities 2,881,698 2,662 1,052,393 551,148 (3,754,015 ) 733,886 Long-term debt — 4,897,308 3,898 369,653 — 5,270,859 Intercompany notes payable — 16,273 5,039,418 245,446 (5,301,137 ) — Due to iHeartCommunications, post iHeart Chapter 11 Cases 3,445 — — — — 3,445 Deferred tax liability (67,381 ) 853 457,644 (54,329 ) — 336,787 Other long-term liabilities 1,362 — 138,352 124,443 — 264,157 Total stockholders' equity (deficit) (2,118,221 ) 1,070,551 304,030 467,531 (1,717,500 ) (1,993,609 ) Total Liabilities and Stockholders' Equity (Deficit) $ 700,903 $ 5,987,647 $ 6,995,735 $ 1,703,892 $ (10,772,652 ) $ 4,615,525 (In thousands) December 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 2,212 $ — $ 22,841 $ 119,066 $ — $ 144,119 Accounts receivable, net of allowance — — 192,493 466,970 — 659,463 Intercompany receivables — 785,075 2,924,888 88,053 (3,798,016 ) — Prepaid expenses 291 3,433 50,028 58,124 — 111,876 Other current assets 25,441 — 2,552 30,721 — 58,714 Total Current Assets 27,944 788,508 3,192,802 762,934 (3,798,016 ) 974,172 Structures, net — — 675,443 505,439 — 1,180,882 Other property, plant and equipment, net — — 119,856 94,291 — 214,147 Indefinite-lived intangibles — — 977,152 — — 977,152 Other intangibles, net — — 248,674 25,188 — 273,862 Goodwill — — 507,820 206,223 — 714,043 Due from iHeartCommunications 211,990 — — — — 211,990 Intercompany notes receivable 182,026 5,087,742 12,437 16,273 (5,298,478 ) — Other assets 447,152 111,432 1,335,346 70,897 (1,840,293 ) 124,534 Total Assets $ 869,112 $ 5,987,682 $ 7,069,530 $ 1,681,245 $ (10,936,787 ) $ 4,670,782 Accounts payable $ — $ — $ 7,592 $ 80,368 $ — $ 87,960 Intercompany payable 2,924,888 — 873,128 — (3,798,016 ) — Accrued expenses 1,167 (1,315 ) 91,325 418,624 — 509,801 Deferred income — — 25,278 33,900 — 59,178 Current portion of long-term debt — — 115 458 — 573 Total Current Liabilities 2,926,055 (1,315 ) 997,438 533,350 (3,798,016 ) 657,512 Long-term debt — 4,895,104 1,820 369,229 — 5,266,153 Intercompany notes payable — 16,273 5,046,119 236,086 (5,298,478 ) — Deferred tax liability (93,111 ) 853 466,827 (56,462 ) — 318,107 Other long-term liabilities 1,157 — 140,272 128,986 — 270,415 Total stockholders' equity (deficit) (1,964,989 ) 1,076,767 417,054 470,056 (1,840,293 ) (1,841,405 ) Total Liabilities and Stockholders' Equity (Deficit) $ 869,112 $ 5,987,682 $ 7,069,530 $ 1,681,245 $ (10,936,787 ) $ 4,670,782 (In thousands) Three Months Ended March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 253,663 $ 345,048 $ — $ 598,711 Operating expenses: Direct operating expenses — — 123,345 236,857 — 360,202 Selling, general and administrative expenses — — 48,723 78,685 — 127,408 Corporate expenses 3,059 — 23,922 8,454 — 35,435 Depreciation and amortization — — 45,228 38,832 — 84,060 Other operating income (expense), net (104 ) — (600 ) 650 — (54 ) Operating income (loss) (3,163 ) — 11,845 (17,130 ) — (8,448 ) Interest (income) expense, net (2 ) 88,169 388 8,709 — 97,264 Intercompany interest income 4,146 90,228 5,297 — (99,671 ) — Intercompany interest expense — 217 94,374 5,080 (99,671 ) — Equity in earnings (loss) of nonconsolidated affiliates (114,934 ) (5,019 ) (4,789 ) (127 ) 125,057 188 Other income, net 416 — 1,641 17,486 — 19,543 Loss before income taxes (113,533 ) (3,177 ) (80,768 ) (13,560 ) 125,057 (85,981 ) Income tax benefit (expense) (13,399 ) (2,662 ) (34,166 ) 4,860 — (45,367 ) Consolidated net loss (126,932 ) (5,839 ) (114,934 ) (8,700 ) 125,057 (131,348 ) Less amount attributable to noncontrolling interest — — — (4,416 ) — (4,416 ) Net loss attributable to the Company $ (126,932 ) $ (5,839 ) $ (114,934 ) $ (4,284 ) $ 125,057 $ (126,932 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 70 7,167 — 7,237 Unrealized holding loss on marketable securities — — — (90 ) — (90 ) Equity in subsidiary comprehensive income 1,911 (377 ) 1,841 — (3,375 ) — Comprehensive income (loss) (125,021 ) (6,216 ) (113,023 ) 2,793 121,682 (119,785 ) Less amount attributable to noncontrolling interest — — — 5,236 — 5,236 Comprehensive loss attributable to the Company $ (125,021 ) $ (6,216 ) $ (113,023 ) $ (2,443 ) $ 121,682 $ (125,021 ) (In thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 252,986 $ 291,740 $ — $ 544,726 Operating expenses: Direct operating expenses — — 124,892 203,039 — 327,931 Selling, general and administrative expenses — — 48,471 67,303 — 115,774 Corporate expenses 3,927 — 22,281 8,332 — 34,540 Depreciation and amortization — — 43,517 33,977 — 77,494 Impairment charges — — — — — — Other operating income (expense), net (103 ) — 32,603 111 — 32,611 Operating income (loss) (4,030 ) — 46,428 (20,800 ) — 21,598 Interest (income) expense , net (301 ) 88,331 (637 ) 5,240 — 92,633 Interest income on Due from iHeartCommunications 14,807 — — — — 14,807 Intercompany interest income 4,065 85,102 15,018 — (104,185 ) — Intercompany interest expense 14,807 57 89,167 154 (104,185 ) — Equity in loss of nonconsolidated affiliates (32,636 ) (21,289 ) (25,700 ) (875 ) 80,028 (472 ) Other income (expense), net 5,447 — (1,457 ) (123 ) — 3,867 Loss before income taxes (26,853 ) (24,575 ) (54,241 ) (27,192 ) 80,028 (52,833 ) Income tax benefit (expense) (2,148 ) (1,107 ) 21,605 3,487 — 21,837 Consolidated net loss (29,001 ) (25,682 ) (32,636 ) (23,705 ) 80,028 (30,996 ) Less amount attributable to noncontrolling interest — — — (1,995 ) — (1,995 ) Net loss attributable to the Company $ (29,001 ) $ (25,682 ) $ (32,636 ) $ (21,710 ) $ 80,028 $ (29,001 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (226 ) 9,879 — 9,653 Unrealized holding loss on marketable securities — — — (57 ) — (57 ) Other adjustments to comprehensive loss — — — (1,644 ) — (1,644 ) Equity in subsidiary comprehensive income 10,475 5,199 10,701 — (26,375 ) — Comprehensive loss (18,526 ) (20,483 ) (22,161 ) (13,532 ) 53,653 (21,049 ) Less amount attributable to noncontrolling interest — — — (2,523 ) — (2,523 ) Comprehensive loss attributable to the Company $ (18,526 ) $ (20,483 ) $ (22,161 ) $ (11,009 ) $ 53,653 $ (18,526 ) (In thousands) Three Months Ended March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (126,932 ) $ (5,839 ) $ (114,934 ) $ (8,700 ) $ 125,057 $ (131,348 ) Reconciling items: Depreciation and amortization — — 45,228 38,832 — 84,060 Deferred taxes 25,729 — (9,182 ) 3,699 — 20,246 Provision for doubtful accounts — — 854 832 — 1,686 Amortization of deferred financing charges and note discounts, net — 2,204 — 424 — 2,628 Share-based compensation — — 1,800 306 — 2,106 Gain on disposal of operating assets, net — — (136 ) (52 ) — (188 ) Equity in (earnings) loss of nonconsolidated affiliates 114,934 5,019 4,789 127 (125,057 ) (188 ) Foreign exchange transaction gain — — (41 ) (19,559 ) — (19,600 ) Other reconciling items, net — — (562 ) (497 ) — (1,059 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Decrease in accounts receivable — — 11,886 24,431 — 36,317 (Increase) decrease in prepaids and other current assets 27 358 (19,065 ) (19,743 ) — (38,423 ) Increase (decrease) in accrued expenses (12,620 ) 3,977 26,776 (44,965 ) — (26,832 ) Increase in accounts payable — — 21,569 9,005 — 30,574 Increase in accrued interest — — 376 8,115 — 8,491 Increase in deferred income — — 16,740 30,644 — 47,384 Changes in other operating assets and liabilities (1,981 ) — (870 ) (7,977 ) — (10,828 ) Net cash provided by (used for) operating activities $ (843 ) $ 5,719 $ (14,772 ) $ 14,922 $ — $ 5,026 Cash flows from investing activities: Purchases of property, plant and equipment — — (13,345 ) (15,327 ) — (28,672 ) Proceeds from disposal of assets — — 577 704 — 1,281 Purchases of other operating assets — — — (34 ) — (34 ) Increase in intercompany notes receivable, net — (9,350 ) — — 9,350 — Change in other, net — — 1 167 — 168 Net cash provided by (used for) investing activities $ — $ (9,350 ) $ (12,767 ) $ (14,490 ) $ 9,350 $ (27,257 ) Cash flows from financing activities: Draws on credit facilities — — — — — — Payments on credit facilities — — — — — — Proceeds from long-term debt — — — — — — Payments on long-term debt — — (34 ) (121 ) — (155 ) Net transfers to iHeartCommunications 60,677 — — — — 60,677 Dividends and other payments to noncontrolling interests — — — (97 ) — (97 ) Dividends paid (29,910 ) — 1,111 (1,111 ) — (29,910 ) Increase in intercompany notes payable, net — — — 9,350 (9,350 ) — Intercompany funding (29,816 ) 3,631 19,111 7,074 — — Change in other, net (16 ) — — — — (16 ) Net cash provided by financing activities 935 3,631 20,188 15,095 (9,350 ) 30,499 Effect of exchange rate changes on cash — — — 3,292 — 3,292 Net increase (decrease) in cash and cash equivalents 92 — (7,351 ) 18,819 — 11,560 Cash and cash equivalents at beginning of year 27,653 — 22,841 137,816 — 188,310 Cash and cash equivalents at end of year $ 27,745 $ — $ 15,490 $ 156,635 $ — $ 199,870 (In thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (29,001 ) $ (25,682 ) $ (32,636 ) $ (23,705 ) $ 80,028 $ (30,996 ) Reconciling items: Impairment charges — — — — — — Depreciation and amortization — — 43,517 33,977 — 77,494 Deferred taxes — — (13,828 ) (1,751 ) — (15,579 ) Provision for doubtful accounts — — 649 (128 ) — 521 Amortization of deferred financing charges and note discounts, net — 2,192 — 491 — 2,683 Share-based compensation — — 2,038 321 — 2,359 Gain on sale of operating and fixed assets — — (32,609 ) (713 ) — (33,322 ) Equity in loss of nonconsolidated affiliates 32,636 21,289 25,700 875 (80,028 ) 472 Foreign exchange transaction gain — — — (3,534 ) — (3,534 ) Other reconciling items, net — — (1,294 ) (184 ) — (1,478 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Decrease in accounts receivable — — 21,796 15,256 — 37,052 Increase in prepaids and other current assets (1,530 ) — (29,598 ) (23,967 ) — (55,095 ) Increase (decrease) in accrued expenses 1,422 (57,545 ) 42,311 (45,669 ) — (59,481 ) Decrease in accounts payable — — (7,038 ) (8,468 ) — (15,506 ) Increase in accrued interest — — 6 4,829 — 4,835 Increase in deferred income — — 12,211 32,021 — 44,232 Changes in other operating assets and liabilities — — (1,811 ) (2,556 ) — (4,367 ) Net cash provided by (used for) operating activities $ 3,527 $ (59,746 ) $ 29,414 $ (22,905 ) $ — $ (49,710 ) Cash flows from investing activities: Purchases of property, plant and equipment — — (13,880 ) (22,464 ) — (36,344 ) Proceeds from disposal of assets — — 51,914 1,365 — 53,279 Purchases of other operating assets — — — (1,064 ) — (1,064 ) Change in other, net — — (1 ) (213 ) — (214 ) Net cash provided by (used for) investing activities $ — $ — $ 38,033 $ (22,376 ) $ — $ 15,657 Cash flows from financing activities: Payments on credit facilities — — — (375 ) — (375 ) Payments on long-term debt — — (22 ) (141 ) — (163 ) Net transfers from iHeartCommunications (29,448 ) — — — — (29,448 ) Dividends and other payments from noncontrolling interests — — — 826 — 826 Dividends paid (281,673 ) — — — — (281,673 ) Intercompany funding 49,791 59,746 (112,373 ) 2,836 — — Change in other, net (257 ) — — — — (257 ) Net cash provided by (used for) financing activities (261,587 ) 59,746 (112,395 ) 3,146 — (311,090 ) Effect of exchange rate changes on cash — — — 3,588 — 3,588 Net decrease in cash and cash equivalents (258,060 ) — (44,948 ) (38,547 ) — (341,555 ) Cash and cash equivalents at beginning of year 300,285 — 61,542 201,322 — 563,149 Cash and cash equivalents at end of year $ 42,225 $ — $ 16,594 $ 162,775 $ — $ 221,594

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Preparation of Interim Financial Statements	All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to Clear Channel Outdoor Holdings, Inc. and its consolidated subsidiaries. Our reportable segments are Americas outdoor advertising (“Americas”) and International outdoor advertising (“International”). The accompanying consolidated financial statements were prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, in the opinion of management, include all normal and recurring adjustments necessary to present fairly the results of the interim periods shown. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) have been condensed or omitted pursuant to such SEC rules and regulations. Management believes that the disclosures made are adequate to make the information presented not misleading. Due to seasonality and other factors, the results for the interim periods may not be indicative of results for the full year. The financial statements contained herein should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s 2017 Annual Report on Form 10-K. The consolidated financial statements include the accounts of the Company and its subsidiaries and give effect to allocations of expenses from the Company’s indirect parent entity, iHeartCommunications, Inc. (“iHeartCommunications”). These allocations were made on a specifically identifiable basis or using relative percentages of headcount or other methods management considered to be a reasonable reflection of the utilization of services provided. Also included in the consolidated financial statements are entities for which the Company has a controlling financial interest or is the primary beneficiary. Investments in companies in which the Company owns 20% to 50% of the voting common stock or otherwise exercises significant influence over operating and financial policies of the company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process.
New Accounting Pronouncements	As of January 1, 2018, the Company adopted the new accounting standard, ASC 606, Revenue from Contracts with Customers . This standard provides guidance for the recognition, measurement and disclosure of revenue from contracts with customers and supersedes previous revenue recognition guidance under U.S. GAAP. The Company has applied this standard using the full retrospective method and concluded that its adoption did not have a material impact on the Company’s balance sheets, statements of comprehensive loss, or statements of cash flows for prior periods. Please refer to Note 2, “Revenue from Contracts with Customers,” for more information. During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350) . This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.
Accounts Receivable	Accounts receivable are recorded when the Company has an unconditional right to payment, either because it has satisfied a performance obligation prior to receiving payment from the customer or has a non-cancelable contract that has been billed in advance in accordance with the Company’s normal billing terms. Accounts receivable are recorded at the invoiced amount, net of allowances for doubtful accounts. The Company evaluates the collectability of its accounts receivable based on a combination of factors. In circumstances where it is aware of a specific customer’s inability to meet its financial obligations, it records a specific reserve to reduce the amounts recorded to what it believes will be collected. For all other customers, it recognizes reserves for bad debt based on historical experience of bad debts as a percent of revenue for each business unit, adjusted for relative improvements or deteriorations in the agings and changes in current economic conditions. The Company believes its concentration of credit risk is limited due to the large number and the geographic diversification of its customers.
Revenue Recognition	The Company recognizes revenue in amounts that reflect the consideration it expects to receive in exchange for transferring goods or services to customers, excluding sales taxes and other similar taxes collected on behalf of governmental authorities (the “transaction price”). When this consideration includes a variable amount, the Company estimates the amount of consideration it expects to receive and only recognizes revenue to the extent that it is probable it will not be reversed in a future reporting period. For revenue arrangements that contain multiple distinct goods or services, the Company allocates the transaction price to these performance obligations in proportion to their relative standalone selling prices. The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. Revenue from the Company’s Americas and International outdoor advertising segments’ contracts, which typically cover periods of a few weeks to one year, are generally recognized ratably over the term of the contract as the advertisement is displayed and the performance obligation is satisfied. Advertising revenue is reported net of agency commissions. The Company receives payments from customers based on billing schedules that are established in its contracts. Outdoor advertising contracts are generally billed monthly. Americas outdoor is generally billed in advance, and International outdoor includes a combination of advance billings and billings upon completion of service. Deferred income is recorded when payment is received from a customer before the Company has satisfied the performance obligation or a non-cancelable contract has been billed in advance in accordance with the Company’s normal billing terms. Trade and barter transactions represent the exchange of display space for merchandise, services or other assets in the ordinary course of business. The transaction price for these contracts is determined as the estimated fair value of the non-cash consideration received unless this is not reasonably estimable, in which case the consideration is measured based on the standalone selling price of the display space promised to the customer. Revenue is recognized on trade and barter transactions when the advertisements are displayed, and expenses are recorded ratably over a period that estimates when the merchandise, services or other assets received are utilized, or when the event occurs. Trade and barter revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively.

BASIS OF PRESENTATION (Tables)

BASIS OF PRESENTATION (Tables)	3 Months Ended
	Mar. 31, 2018
Accounting Policies [Abstract]
Summary of Barter and Trade Revenues and Expenses	Trade and barter revenues and expenses from continuing operations were as follows: Three Months Ended March 31, (In thousands) 2018 2017 Consolidated: Trade and barter revenues $ 3,339 $ 4,009 Trade and barter expenses 4,720 3,780
Schedule of Restricted Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total of the amounts reported in the Consolidated Statement of Cash Flows: (In thousands) March 31, 2018 December 31, 2017 Cash and cash equivalents $ 153,229 $ 144,119 Restricted cash included in: Other current assets 30,054 26,096 Other assets 16,587 18,095 Total cash, cash equivalents and restricted cash in the Statement of Cash Flows $ 199,870 $ 188,310

REVENUE FROM CONTRACTS WITH C19

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Revenue from External Customers by Geographic Areas	The following table shows, by segment, revenue from contracts with customers disaggregated by geographical region, revenue from leases and total revenue for the three months ended March 31, 2018 and 2017 : (In thousands) Americas Outdoor (1) International Outdoor (1) Consolidated Three Months Ended March 31, 2018 Revenue from contracts with customers: United States $ 96,147 $ — $ 96,147 Other Americas 650 16,792 17,442 Europe — 188,381 188,381 Asia-Pacific and other — 6,508 6,508 Eliminations — (71 ) (71 ) Total $ 96,797 $ 211,610 $ 308,407 Revenue from leases 159,050 131,254 290,304 Total Revenue $ 255,847 $ 342,864 $ 598,711 Three Months Ended March 31, 2017 Revenue from contracts with customers: United States $ 93,662 $ — $ 93,662 Other Americas 3,531 13,457 16,988 Europe — 154,604 154,604 Asia-Pacific and other — 5,456 5,456 Eliminations — (40 ) (40 ) Total $ 97,193 $ 173,477 $ 270,670 Revenue from leases 163,153 110,903 274,056 Total Revenue $ 260,346 $ 284,380 $ 544,726 (1) Due to a re-evaluation of the Company’s internal segment reporting during the three months ended March 31, 2018 , its operations in Latin America are being included in the International outdoor advertising segment results for all periods presented. See Note 1, Basis of Presentation .
Contract with Customer, Asset and Liability	The following table presents the activity related to the Company’s contract balances from contracts with customers for the three months ended March 31, 2018 and 2017 : Three Months Ended March 31, (In thousands) 2018 2017 Accounts receivable from contracts with customers: Beginning balance, net of allowance $ 351,228 $ 300,216 Additions (collections), net (40,323 ) (28,005 ) Bad debt, net of recoveries (641 ) (218 ) Ending balance, net of allowance $ 310,264 $ 271,993 Accounts receivable from leases 325,557 288,778 Accounts receivable, total $ 635,821 $ 560,771 Deferred income from contracts with customers: Beginning balance $ 28,211 $ 28,681 Revenue recognized, included in beginning balance (19,522 ) (21,246 ) Additions, net of revenue recognized during period 36,315 41,414 Ending balance $ 45,004 $ 48,849 Deferred income from leases 68,682 67,158 Deferred income, total $ 113,686 $ 116,007
Schedule of Future Minimum Rental Income for Operating Leases	As of December 31, 2017 , the Company’s future minimum rentals under non-cancelable operating leases were as follows: (in thousands) 2018 $ 277,462 2019 34,395 2020 17,155 2021 12,004 2022 8,552 Thereafter 7,197 Total minimum future rentals $ 356,765

PROPERTY, PLANT AND EQUIPMENT20

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2018
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The Company’s property, plant and equipment consisted of the following classes of assets as of March 31, 2018 and December 31, 2017 , respectively: (In thousands) March 31, December 31, Land, buildings and improvements $ 147,376 $ 145,763 Structures 2,890,924 2,864,442 Furniture and other equipment 186,265 179,215 Construction in progress 56,096 55,753 3,280,661 3,245,173 Less: accumulated depreciation 1,915,582 1,850,144 Property, plant and equipment, net $ 1,365,079 $ 1,395,029
Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets	The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of March 31, 2018 and December 31, 2017 , respectively: (In thousands) March 31, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 557,381 $ (453,022 ) $ 548,918 $ (440,284 ) Permanent easements 162,920 — 162,920 — Other 6,264 (4,244 ) 4,626 (2,318 ) Total $ 726,565 $ (457,266 ) $ 716,464 $ (442,602 )
Schedule of Future Amortization Expense	The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets: (In thousands) 2019 $ 15,456 2020 $ 13,080 2021 $ 12,841 2022 $ 10,937 2023 $ 6,601
Schedule of Changes in Carrying Amount of Goodwill	The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments: (In thousands) Americas International Consolidated Balance as of December 31, 2016 $ 505,478 $ 190,785 $ 696,263 Acquisitions 2,252 — 2,252 Impairment — (1,591 ) (1,591 ) Dispositions — (1,817 ) (1,817 ) Foreign currency — 18,847 18,847 Assets held for sale 89 — 89 Balance as of December 31, 2017 $ 507,819 $ 206,224 $ 714,043 Foreign currency — 4,624 4,624 Balance as of March 31, 2018 $ 507,819 $ 210,848 $ 718,667

LONG-TERM DEBT LONG-TERM DEBT (

LONG-TERM DEBT LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Outstanding	Long-term debt outstanding as of March 31, 2018 and December 31, 2017 consisted of the following: (In thousands) March 31, December 31, Clear Channel Worldwide Holdings Senior Notes: 6.5% Series A Senior Notes Due 2022 $ 735,750 $ 735,750 6.5% Series B Senior Notes Due 2022 1,989,250 1,989,250 Clear Channel Worldwide Holdings Senior Subordinated Notes: 7.625% Series A Senior Subordinated Notes Due 2020 275,000 275,000 7.625% Series B Senior Subordinated Notes Due 2020 1,925,000 1,925,000 Senior Revolving Credit Facility Due 2018 (1) — — Clear Channel International B.V. Senior Notes Due 2020 375,000 375,000 Other debt 4,385 2,393 Original issue discount (360 ) (241 ) Long-term debt fees (32,679 ) (35,426 ) Total debt $ 5,271,346 $ 5,266,726 Less: current portion 487 573 Total long-term debt $ 5,270,859 $ 5,266,153 (1) The senior revolving credit facility provides for borrowings up to $75.0 million (the revolving credit commitment). As of March 31, 2018 , the Company had $66.5 million of letters of credit outstanding, and $8.5 million of availability, under the senior revolving credit facility. The facility matures on August 22, 2018, and the Company is in advanced negotiations with potential lenders to refinance the existing credit facility prior to its maturity.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Benefit (Expense)	The Company’s income tax benefit (expense) for the three months ended March 31, 2018 and 2017 consisted of the following components: (In thousands) Three Months Ended March 31, 2018 2017 Current tax benefit (expense) $ (25,121 ) $ 6,258 Deferred tax benefit (expense) (20,246 ) 15,579 Income tax benefit (expense) $ (45,367 ) $ 21,837

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT) (Tables)	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Schedule of Changes in Stockholders' Equity (Deficit)	The following table shows the changes in stockholders’ equity (deficit) attributable to the Company and the noncontrolling interests of subsidiaries in which the Company has a majority, but not total, ownership interest: (In thousands) The Company Noncontrolling Interests Consolidated Balances as of January 1, 2018 $ (1,998,445 ) $ 157,040 $ (1,841,405 ) Net loss (126,932 ) (4,416 ) (131,348 ) Dividends paid (29,995 ) — (29,995 ) Payments to noncontrolling interests — (97 ) (97 ) Share-based compensation 1,800 306 2,106 Foreign currency translation adjustments 2,001 5,236 7,237 Unrealized holding loss on marketable securities (90 ) — (90 ) Reclassification adjustments — — — Other, net (17 ) — (17 ) Balances as of March 31, 2018 $ (2,151,678 ) $ 158,069 $ (1,993,609 ) Balances as of January 1, 2017 $ (1,080,812 ) $ 149,886 $ (930,926 ) Net loss (29,001 ) (1,995 ) (30,996 ) Dividends declared (282,486 ) — (282,486 ) Payments from noncontrolling interests — 826 826 Share-based compensation 2,230 129 2,359 Disposal of noncontrolling interest — (1,046 ) (1,046 ) Foreign currency translation adjustments 12,176 (2,523 ) 9,653 Unrealized holding loss on marketable securities (57 ) — (57 ) Reclassification adjustments (1,644 ) — (1,644 ) Other, net (85 ) (137 ) (222 ) Balances as of March 31, 2017 $ (1,379,679 ) $ 145,140 $ (1,234,539 )
Computation of Earnings Per Share	COMPUTATION OF LOSS PER SHARE (In thousands, except per share data) Three Months Ended 2018 2017 NUMERATOR: Net loss attributable to the Company – common shares $ (126,932 ) $ (29,001 ) DENOMINATOR: Weighted average common shares outstanding - basic 361,515 360,754 Stock options and restricted stock (1) — — Weighted average common shares outstanding - diluted 361,515 360,754 Net loss attributable to the Company per common share: Basic $ (0.35 ) $ (0.08 ) Diluted $ (0.35 ) $ (0.08 ) (1) Outstanding equity awards of 7.9 million and 7.2 million for the three months ended March 31, 2018 and 2017 , respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Schedule of Reportable Segment Results	The following table presents the Company's reportable segment results for the three months ended March 31, 2018 and 2017 : (In thousands) Americas International Corporate and other reconciling items Consolidated Three Months Ended March 31, 2018 Revenue $ 255,847 $ 342,864 $ — $ 598,711 Direct operating expenses 124,873 235,329 — 360,202 Selling, general and administrative expenses 48,950 78,458 — 127,408 Corporate expenses — — 35,435 35,435 Depreciation and amortization 44,504 38,565 991 84,060 Other operating expense, net — — (54 ) (54 ) Operating income (loss) $ 37,520 $ (9,488 ) $ (36,480 ) $ (8,448 ) Capital expenditures $ 12,907 $ 15,272 $ 493 $ 28,672 Share-based compensation expense $ — $ — $ 2,106 $ 2,106 Three Months Ended March 31, 2017 Revenue $ 260,346 $ 284,380 $ — $ 544,726 Direct operating expenses 130,651 197,280 — 327,931 Selling, general and administrative expenses 50,378 65,396 — 115,774 Corporate expenses — — 34,540 34,540 Depreciation and amortization 42,816 33,152 1,526 77,494 Other operating income, net — — 32,611 32,611 Operating income (loss) $ 36,501 $ (11,448 ) $ (3,455 ) $ 21,598 Capital expenditures $ 13,588 $ 22,340 $ 416 $ 36,344 Share-based compensation expense $ — $ — $ 2,359 $ 2,359

GUARANTOR SUBSIDIARIES (Tables)

GUARANTOR SUBSIDIARIES (Tables)	3 Months Ended
	Mar. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Schedule Of Guarantor Obligations, Balance Sheet	The following consolidating schedules present financial information on a combined basis in conformity with the SEC’s Regulation S-X Rule 3-10(d): (In thousands) March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 2,304 $ — $ 15,490 $ 135,435 $ — $ 153,229 Accounts receivable, net of allowance — — 180,224 455,597 — 635,821 Intercompany receivables — 781,444 2,893,271 79,300 (3,754,015 ) — Prepaid expenses 264 3,075 68,448 79,908 — 151,695 Other current assets 25,441 — 2,577 34,890 — 62,908 Total Current Assets 28,009 784,519 3,160,010 785,130 (3,754,015 ) 1,003,653 Structures, net — — 651,882 499,587 — 1,151,469 Other property, plant and equipment, net — — 116,548 97,062 — 213,610 Indefinite-lived intangibles — — 977,152 — — 977,152 Other intangibles, net — — 245,252 24,047 — 269,299 Goodwill — — 507,819 210,848 — 718,667 Due from iHeartCommunications 154,758 — — — — 154,758 Intercompany notes receivable 182,026 5,097,092 5,746 16,273 (5,301,137 ) — Other assets 336,110 106,036 1,331,326 70,945 (1,717,500 ) 126,917 Total Assets $ 700,903 $ 5,987,647 $ 6,995,735 $ 1,703,892 $ (10,772,652 ) $ 4,615,525 Accounts payable $ — $ — $ 29,162 $ 91,482 $ — $ 120,644 Intercompany payable 2,893,271 — 860,744 — (3,754,015 ) — Accrued expenses (11,573 ) 2,662 118,597 394,342 — 504,028 Deferred income — — 43,752 64,975 — 108,727 Current portion of long-term debt — — 138 349 — 487 Total Current Liabilities 2,881,698 2,662 1,052,393 551,148 (3,754,015 ) 733,886 Long-term debt — 4,897,308 3,898 369,653 — 5,270,859 Intercompany notes payable — 16,273 5,039,418 245,446 (5,301,137 ) — Due to iHeartCommunications, post iHeart Chapter 11 Cases 3,445 — — — — 3,445 Deferred tax liability (67,381 ) 853 457,644 (54,329 ) — 336,787 Other long-term liabilities 1,362 — 138,352 124,443 — 264,157 Total stockholders' equity (deficit) (2,118,221 ) 1,070,551 304,030 467,531 (1,717,500 ) (1,993,609 ) Total Liabilities and Stockholders' Equity (Deficit) $ 700,903 $ 5,987,647 $ 6,995,735 $ 1,703,892 $ (10,772,652 ) $ 4,615,525 (In thousands) December 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 2,212 $ — $ 22,841 $ 119,066 $ — $ 144,119 Accounts receivable, net of allowance — — 192,493 466,970 — 659,463 Intercompany receivables — 785,075 2,924,888 88,053 (3,798,016 ) — Prepaid expenses 291 3,433 50,028 58,124 — 111,876 Other current assets 25,441 — 2,552 30,721 — 58,714 Total Current Assets 27,944 788,508 3,192,802 762,934 (3,798,016 ) 974,172 Structures, net — — 675,443 505,439 — 1,180,882 Other property, plant and equipment, net — — 119,856 94,291 — 214,147 Indefinite-lived intangibles — — 977,152 — — 977,152 Other intangibles, net — — 248,674 25,188 — 273,862 Goodwill — — 507,820 206,223 — 714,043 Due from iHeartCommunications 211,990 — — — — 211,990 Intercompany notes receivable 182,026 5,087,742 12,437 16,273 (5,298,478 ) — Other assets 447,152 111,432 1,335,346 70,897 (1,840,293 ) 124,534 Total Assets $ 869,112 $ 5,987,682 $ 7,069,530 $ 1,681,245 $ (10,936,787 ) $ 4,670,782 Accounts payable $ — $ — $ 7,592 $ 80,368 $ — $ 87,960 Intercompany payable 2,924,888 — 873,128 — (3,798,016 ) — Accrued expenses 1,167 (1,315 ) 91,325 418,624 — 509,801 Deferred income — — 25,278 33,900 — 59,178 Current portion of long-term debt — — 115 458 — 573 Total Current Liabilities 2,926,055 (1,315 ) 997,438 533,350 (3,798,016 ) 657,512 Long-term debt — 4,895,104 1,820 369,229 — 5,266,153 Intercompany notes payable — 16,273 5,046,119 236,086 (5,298,478 ) — Deferred tax liability (93,111 ) 853 466,827 (56,462 ) — 318,107 Other long-term liabilities 1,157 — 140,272 128,986 — 270,415 Total stockholders' equity (deficit) (1,964,989 ) 1,076,767 417,054 470,056 (1,840,293 ) (1,841,405 ) Total Liabilities and Stockholders' Equity (Deficit) $ 869,112 $ 5,987,682 $ 7,069,530 $ 1,681,245 $ (10,936,787 ) $ 4,670,782
Schedule Of Guarantor Obligations, Income Statement	(In thousands) Three Months Ended March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 253,663 $ 345,048 $ — $ 598,711 Operating expenses: Direct operating expenses — — 123,345 236,857 — 360,202 Selling, general and administrative expenses — — 48,723 78,685 — 127,408 Corporate expenses 3,059 — 23,922 8,454 — 35,435 Depreciation and amortization — — 45,228 38,832 — 84,060 Other operating income (expense), net (104 ) — (600 ) 650 — (54 ) Operating income (loss) (3,163 ) — 11,845 (17,130 ) — (8,448 ) Interest (income) expense, net (2 ) 88,169 388 8,709 — 97,264 Intercompany interest income 4,146 90,228 5,297 — (99,671 ) — Intercompany interest expense — 217 94,374 5,080 (99,671 ) — Equity in earnings (loss) of nonconsolidated affiliates (114,934 ) (5,019 ) (4,789 ) (127 ) 125,057 188 Other income, net 416 — 1,641 17,486 — 19,543 Loss before income taxes (113,533 ) (3,177 ) (80,768 ) (13,560 ) 125,057 (85,981 ) Income tax benefit (expense) (13,399 ) (2,662 ) (34,166 ) 4,860 — (45,367 ) Consolidated net loss (126,932 ) (5,839 ) (114,934 ) (8,700 ) 125,057 (131,348 ) Less amount attributable to noncontrolling interest — — — (4,416 ) — (4,416 ) Net loss attributable to the Company $ (126,932 ) $ (5,839 ) $ (114,934 ) $ (4,284 ) $ 125,057 $ (126,932 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 70 7,167 — 7,237 Unrealized holding loss on marketable securities — — — (90 ) — (90 ) Equity in subsidiary comprehensive income 1,911 (377 ) 1,841 — (3,375 ) — Comprehensive income (loss) (125,021 ) (6,216 ) (113,023 ) 2,793 121,682 (119,785 ) Less amount attributable to noncontrolling interest — — — 5,236 — 5,236 Comprehensive loss attributable to the Company $ (125,021 ) $ (6,216 ) $ (113,023 ) $ (2,443 ) $ 121,682 $ (125,021 ) (In thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 252,986 $ 291,740 $ — $ 544,726 Operating expenses: Direct operating expenses — — 124,892 203,039 — 327,931 Selling, general and administrative expenses — — 48,471 67,303 — 115,774 Corporate expenses 3,927 — 22,281 8,332 — 34,540 Depreciation and amortization — — 43,517 33,977 — 77,494 Impairment charges — — — — — — Other operating income (expense), net (103 ) — 32,603 111 — 32,611 Operating income (loss) (4,030 ) — 46,428 (20,800 ) — 21,598 Interest (income) expense , net (301 ) 88,331 (637 ) 5,240 — 92,633 Interest income on Due from iHeartCommunications 14,807 — — — — 14,807 Intercompany interest income 4,065 85,102 15,018 — (104,185 ) — Intercompany interest expense 14,807 57 89,167 154 (104,185 ) — Equity in loss of nonconsolidated affiliates (32,636 ) (21,289 ) (25,700 ) (875 ) 80,028 (472 ) Other income (expense), net 5,447 — (1,457 ) (123 ) — 3,867 Loss before income taxes (26,853 ) (24,575 ) (54,241 ) (27,192 ) 80,028 (52,833 ) Income tax benefit (expense) (2,148 ) (1,107 ) 21,605 3,487 — 21,837 Consolidated net loss (29,001 ) (25,682 ) (32,636 ) (23,705 ) 80,028 (30,996 ) Less amount attributable to noncontrolling interest — — — (1,995 ) — (1,995 ) Net loss attributable to the Company $ (29,001 ) $ (25,682 ) $ (32,636 ) $ (21,710 ) $ 80,028 $ (29,001 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (226 ) 9,879 — 9,653 Unrealized holding loss on marketable securities — — — (57 ) — (57 ) Other adjustments to comprehensive loss — — — (1,644 ) — (1,644 ) Equity in subsidiary comprehensive income 10,475 5,199 10,701 — (26,375 ) — Comprehensive loss (18,526 ) (20,483 ) (22,161 ) (13,532 ) 53,653 (21,049 ) Less amount attributable to noncontrolling interest — — — (2,523 ) — (2,523 ) Comprehensive loss attributable to the Company $ (18,526 ) $ (20,483 ) $ (22,161 ) $ (11,009 ) $ 53,653 $ (18,526 )
Schedule Of Guarantor Obligations, Cash Flow	(In thousands) Three Months Ended March 31, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (126,932 ) $ (5,839 ) $ (114,934 ) $ (8,700 ) $ 125,057 $ (131,348 ) Reconciling items: Depreciation and amortization — — 45,228 38,832 — 84,060 Deferred taxes 25,729 — (9,182 ) 3,699 — 20,246 Provision for doubtful accounts — — 854 832 — 1,686 Amortization of deferred financing charges and note discounts, net — 2,204 — 424 — 2,628 Share-based compensation — — 1,800 306 — 2,106 Gain on disposal of operating assets, net — — (136 ) (52 ) — (188 ) Equity in (earnings) loss of nonconsolidated affiliates 114,934 5,019 4,789 127 (125,057 ) (188 ) Foreign exchange transaction gain — — (41 ) (19,559 ) — (19,600 ) Other reconciling items, net — — (562 ) (497 ) — (1,059 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Decrease in accounts receivable — — 11,886 24,431 — 36,317 (Increase) decrease in prepaids and other current assets 27 358 (19,065 ) (19,743 ) — (38,423 ) Increase (decrease) in accrued expenses (12,620 ) 3,977 26,776 (44,965 ) — (26,832 ) Increase in accounts payable — — 21,569 9,005 — 30,574 Increase in accrued interest — — 376 8,115 — 8,491 Increase in deferred income — — 16,740 30,644 — 47,384 Changes in other operating assets and liabilities (1,981 ) — (870 ) (7,977 ) — (10,828 ) Net cash provided by (used for) operating activities $ (843 ) $ 5,719 $ (14,772 ) $ 14,922 $ — $ 5,026 Cash flows from investing activities: Purchases of property, plant and equipment — — (13,345 ) (15,327 ) — (28,672 ) Proceeds from disposal of assets — — 577 704 — 1,281 Purchases of other operating assets — — — (34 ) — (34 ) Increase in intercompany notes receivable, net — (9,350 ) — — 9,350 — Change in other, net — — 1 167 — 168 Net cash provided by (used for) investing activities $ — $ (9,350 ) $ (12,767 ) $ (14,490 ) $ 9,350 $ (27,257 ) Cash flows from financing activities: Draws on credit facilities — — — — — — Payments on credit facilities — — — — — — Proceeds from long-term debt — — — — — — Payments on long-term debt — — (34 ) (121 ) — (155 ) Net transfers to iHeartCommunications 60,677 — — — — 60,677 Dividends and other payments to noncontrolling interests — — — (97 ) — (97 ) Dividends paid (29,910 ) — 1,111 (1,111 ) — (29,910 ) Increase in intercompany notes payable, net — — — 9,350 (9,350 ) — Intercompany funding (29,816 ) 3,631 19,111 7,074 — — Change in other, net (16 ) — — — — (16 ) Net cash provided by financing activities 935 3,631 20,188 15,095 (9,350 ) 30,499 Effect of exchange rate changes on cash — — — 3,292 — 3,292 Net increase (decrease) in cash and cash equivalents 92 — (7,351 ) 18,819 — 11,560 Cash and cash equivalents at beginning of year 27,653 — 22,841 137,816 — 188,310 Cash and cash equivalents at end of year $ 27,745 $ — $ 15,490 $ 156,635 $ — $ 199,870 (In thousands) Three Months Ended March 31, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (29,001 ) $ (25,682 ) $ (32,636 ) $ (23,705 ) $ 80,028 $ (30,996 ) Reconciling items: Impairment charges — — — — — — Depreciation and amortization — — 43,517 33,977 — 77,494 Deferred taxes — — (13,828 ) (1,751 ) — (15,579 ) Provision for doubtful accounts — — 649 (128 ) — 521 Amortization of deferred financing charges and note discounts, net — 2,192 — 491 — 2,683 Share-based compensation — — 2,038 321 — 2,359 Gain on sale of operating and fixed assets — — (32,609 ) (713 ) — (33,322 ) Equity in loss of nonconsolidated affiliates 32,636 21,289 25,700 875 (80,028 ) 472 Foreign exchange transaction gain — — — (3,534 ) — (3,534 ) Other reconciling items, net — — (1,294 ) (184 ) — (1,478 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Decrease in accounts receivable — — 21,796 15,256 — 37,052 Increase in prepaids and other current assets (1,530 ) — (29,598 ) (23,967 ) — (55,095 ) Increase (decrease) in accrued expenses 1,422 (57,545 ) 42,311 (45,669 ) — (59,481 ) Decrease in accounts payable — — (7,038 ) (8,468 ) — (15,506 ) Increase in accrued interest — — 6 4,829 — 4,835 Increase in deferred income — — 12,211 32,021 — 44,232 Changes in other operating assets and liabilities — — (1,811 ) (2,556 ) — (4,367 ) Net cash provided by (used for) operating activities $ 3,527 $ (59,746 ) $ 29,414 $ (22,905 ) $ — $ (49,710 ) Cash flows from investing activities: Purchases of property, plant and equipment — — (13,880 ) (22,464 ) — (36,344 ) Proceeds from disposal of assets — — 51,914 1,365 — 53,279 Purchases of other operating assets — — — (1,064 ) — (1,064 ) Change in other, net — — (1 ) (213 ) — (214 ) Net cash provided by (used for) investing activities $ — $ — $ 38,033 $ (22,376 ) $ — $ 15,657 Cash flows from financing activities: Payments on credit facilities — — — (375 ) — (375 ) Payments on long-term debt — — (22 ) (141 ) — (163 ) Net transfers from iHeartCommunications (29,448 ) — — — — (29,448 ) Dividends and other payments from noncontrolling interests — — — 826 — 826 Dividends paid (281,673 ) — — — — (281,673 ) Intercompany funding 49,791 59,746 (112,373 ) 2,836 — — Change in other, net (257 ) — — — — (257 ) Net cash provided by (used for) financing activities (261,587 ) 59,746 (112,395 ) 3,146 — (311,090 ) Effect of exchange rate changes on cash — — — 3,588 — 3,588 Net decrease in cash and cash equivalents (258,060 ) — (44,948 ) (38,547 ) — (341,555 ) Cash and cash equivalents at beginning of year 300,285 — 61,542 201,322 — 563,149 Cash and cash equivalents at end of year $ 42,225 $ — $ 16,594 $ 162,775 $ — $ 221,594

BASIS OF PRESENTATION - Trade a

BASIS OF PRESENTATION - Trade and Barter Revenues and Expenses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Accounting Policies [Abstract]
Trade and barter revenues	$ 3,339	$ 4,009
Trade and barter expenses	$ 4,720	$ 3,780

BASIS OF PRESENTATION - Schedul

BASIS OF PRESENTATION - Schedule of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Cash and cash equivalents	$ 153,229	$ 144,119
Restricted cash included in:
Other current assets	30,054	26,096
Other assets	16,587	18,095
Total cash, cash equivalents and restricted cash in the Statement of Cash Flows	$ 199,870	$ 188,310	$ 221,594	$ 563,149

REVENUE FROM CONTRACTS WITH C28

REVENUE FROM CONTRACTS WITH CUSTOMERS - Revenue by Segment and Geographical Area (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	$ 308,407	$ 270,670
Revenue from leases	290,304	274,056
Total Revenue	598,711	544,726
United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	96,147	93,662
Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	17,442	16,988
Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	188,381	154,604
Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	6,508	5,456
Americas Outdoor
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	96,797	97,193
Revenue from leases	159,050	163,153
Total Revenue	255,847	260,346
Americas Outdoor | United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	96,147	93,662
Americas Outdoor | Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	650	3,531
Americas Outdoor | Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0
Americas Outdoor | Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0
International Outdoor
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	211,610	173,477
Revenue from leases	131,254	110,903
Total Revenue	342,864	284,380
International Outdoor | United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0
International Outdoor | Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	16,792	13,457
International Outdoor | Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	188,381	154,604
International Outdoor | Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	6,508	5,456
Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	(71)	(40)
Eliminations | Americas Outdoor
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0
Eliminations | International Outdoor
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	$ (71)	$ (40)

REVENUE FROM CONTRACTS WITH C29

REVENUE FROM CONTRACTS WITH CUSTOMERS - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Contract Assets
Beginning balance, net of allowance	$ 351,228	$ 300,216
Additions (collections), net	(40,323)	(28,005)
Bad debt, net of recoveries	(641)	(218)
Ending balance, net of allowance	310,264	271,993
Accounts receivable from leases			$ 325,557		$ 288,778
Accounts receivable, total			635,821	$ 659,463	560,771
Contract Liabilities
Beginning balance	45,004	48,849	45,004	$ 28,211	48,849	$ 28,681
Revenue recognized, included in beginning balance	(19,522)	(21,246)
Additions, net of revenue recognized during period	36,315	41,414
Ending balance	$ 45,004	$ 48,849
Deferred income from leases			68,682		67,158
Deferred income, total			$ 113,686		$ 116,007

REVENUE FROM CONTRACTS WITH C30

REVENUE FROM CONTRACTS WITH CUSTOMERS - Revenue From Leases (Details) $ in Thousands	Mar. 31, 2018USD ($)
Revenue From Contract With Customer [Abstract]
2,018	$ 277,462
2,019	34,395
2,020	17,155
2,021	12,004
2,022	8,552
Thereafter	7,197
Total minimum future rentals	$ 356,765

REVENUE FROM CONTRACTS WITH C31

REVENUE FROM CONTRACTS WITH CUSTOMERS - Narrative (Details) $ in Millions	Mar. 31, 2018USD ($)
Revenue From Contract With Customer [Abstract]
Revenue, remaining performance obligation	$ 74.4

PROPERTY, PLANT AND EQUIPMENT32

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 3,280,661	$ 3,245,173
Less: accumulated depreciation	1,915,582	1,850,144
Property, plant and equipment, net	1,365,079	1,395,029
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	147,376	145,763
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,890,924	2,864,442
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	186,265	179,215
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 56,096	$ 55,753

PROPERTY, PLANT AND EQUIPMENT33

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets in International outdoor segment	$ 977,152,000		$ 977,152,000
Amortization expense related to definite-lived intangible assets	5,200,000	$ 7,000,000
International
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets in International outdoor segment	$ 0

PROPERTY, PLANT AND EQUIPMENT34

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 726,565	$ 716,464
Accumulated Amortization	(457,266)	(442,602)
Transit, street furniture and other outdoor contractual rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	557,381	548,918
Accumulated Amortization	(453,022)	(440,284)
Permanent easements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	162,920	162,920
Accumulated Amortization	0	0
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,264	4,626
Accumulated Amortization	$ (4,244)	$ (2,318)

PROPERTY, PLANT AND EQUIPMENT35

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Future Amortization Expense (Details) $ in Thousands	Mar. 31, 2018USD ($)
Property, Plant and Equipment [Abstract]
2,019	$ 15,456
2,020	13,080
2,021	12,841
2,022	10,937
2,023	$ 6,601

PROPERTY, PLANT AND EQUIPMENT36

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Goodwill
Beginning balance	$ 714,043	$ 696,263
Acquisitions		2,252
Impairment		(1,591)
Foreign currency	4,624	18,847
Ending balance	718,667	714,043
Dispositions
Goodwill
Dispositions and assets held for sale		(1,817)
Assets held for sale
Goodwill
Dispositions and assets held for sale		89
Americas
Goodwill
Beginning balance	507,819	505,478
Acquisitions		2,252
Impairment		0
Foreign currency	0	0
Ending balance	507,819	507,819
Americas | Dispositions
Goodwill
Dispositions and assets held for sale		0
Americas | Assets held for sale
Goodwill
Dispositions and assets held for sale		89
International
Goodwill
Beginning balance	206,224	190,785
Acquisitions		0
Impairment		(1,591)
Foreign currency	4,624	18,847
Ending balance	$ 210,848	206,224
International | Dispositions
Goodwill
Dispositions and assets held for sale		(1,817)
International | Assets held for sale
Goodwill
Dispositions and assets held for sale		$ 0

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt Outstanding (Details) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt	$ 5,271,346,000	$ 5,266,726,000
Original issue discount	(360,000)	(241,000)
Long-term debt fees	(32,679,000)	(35,426,000)
Less: current portion	487,000	573,000
Total long-term debt	5,270,859,000	5,266,153,000
Senior Revolving Credit Facility Due 2018
Debt Instrument [Line Items]
Total debt	0	0
Maximum borrowing capacity	75,000,000
Amount available under senior revolving credit facility	8,500,000
Senior Revolving Credit Facility Due 2018 | Letters of credit
Debt Instrument [Line Items]
Letters of credit outstanding	66,500,000
Clear Channel International B.V. Senior Notes Due 2020
Debt Instrument [Line Items]
Total debt	375,000,000	375,000,000
Other debt
Debt Instrument [Line Items]
Total debt	4,385,000	2,393,000
Clear Channel Worldwide Holdings Senior Notes | 6.5% Series A Senior Notes Due 2022
Debt Instrument [Line Items]
Total debt	$ 735,750,000	735,750,000
Stated interest rate	6.50%
Clear Channel Worldwide Holdings Senior Notes | 6.5% Series B Senior Notes Due 2022
Debt Instrument [Line Items]
Total debt	$ 1,989,250,000	1,989,250,000
Stated interest rate	6.50%
Clear Channel Worldwide Holdings Senior Notes | 7.625% Series A Senior Subordinated Notes Due 2020
Debt Instrument [Line Items]
Total debt	$ 275,000,000	275,000,000
Stated interest rate	7.625%
Clear Channel Worldwide Holdings Senior Notes | 7.625% Series B Senior Subordinated Notes Due 2020
Debt Instrument [Line Items]
Total debt	$ 1,925,000,000	$ 1,925,000,000
Stated interest rate	7.625%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details) - USD ($) $ in Billions	Mar. 31, 2018	Dec. 31, 2017
Level 1
Guarantor Obligations [Line Items]
Aggregate market value of debt	$ 5.4	$ 5.3

LONG-TERM DEBT - Surety Bonds,

LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Details) $ in Millions	Mar. 31, 2018USD ($)
Guarantor Obligations [Line Items]
Letters of credit outstanding	$ 91.2
Bank guarantees
Guarantor Obligations [Line Items]
Guarantee obligations	39.9
Bank guarantees backed by cash collateral
Guarantor Obligations [Line Items]
Guarantee obligations	17.8
Letters of credit backed by cash collateral
Guarantor Obligations [Line Items]
Guarantee obligations	25.4
Surety bonds
Guarantor Obligations [Line Items]
Guarantee obligations	41.7
iHeartCommunications, Inc. | Commercial standby letters of credit
Guarantor Obligations [Line Items]
Guarantee obligations	1.2
iHeartCommunications, Inc. | Surety bonds
Guarantor Obligations [Line Items]
Guarantee obligations	$ 13.4

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Mar. 14, 2018
Related Party Transaction [Line Items]
Asset recorded in Due from iHeartCommunications	$ 154,758,000	$ 211,990,000		$ 1,031,700,000
Related party, interest incurred	$ 21,300,000
Fixed interest rate on Due from iHeartCommunications	9.30%
Net interest income	$ 0		$ 0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	3,445,000	0
Component of corporate expenses	35,435,000		34,540,000
Component of selling, general and administrative expenses	127,408,000		115,774,000
iHeartCommunications
Related Party Transaction [Line Items]
Face amount of revolving promissory note	1,000,000,000
Loss on related party transaction		$ 855,600,000
Net interest income			14,800,000
iHeartCommunications | Corporate Services Agreement
Related Party Transaction [Line Items]
Component of corporate expenses	17,200,000		16,200,000
iHeartCommunications | Employee Matters Agreement
Related Party Transaction [Line Items]
Component of selling, general and administrative expenses	2,300,000		2,400,000
iHeartMedia, Inc.
Related Party Transaction [Line Items]
Revenue for advertisements	$ 1,500,000		$ 1,800,000
Maximum
Related Party Transaction [Line Items]
Fixed interest rate on Due from iHeartCommunications	20.00%

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Tax Benefit (Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Current tax benefit (expense)	$ (25,121)	$ 6,258
Deferred tax benefit (expense)	(20,246)	15,579
Income tax benefit (expense)	$ (45,367)	$ 21,837

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Effective tax rate	(52.80%)	41.30%

STOCKHOLDERS' EQUITY (DEFICIT43

STOCKHOLDERS' EQUITY (DEFICIT) - Schedule of Changes in Stockholders' Equity (Deficit) (Details) - USD ($) $ in Thousands	Jan. 24, 2018	Feb. 23, 2017	Mar. 31, 2018	Mar. 31, 2017
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances			$ (1,841,405)	$ (930,926)
Net loss			(131,348)	(30,996)
Dividends paid			(29,995)	(282,486)
Payments to noncontrolling interests			(97)
Payments from noncontrolling interests				826
Share-based compensation			2,106	2,359
Disposal of noncontrolling interest				(1,046)
Foreign currency translation adjustments			7,237	9,653
Unrealized holding loss on marketable securities			(90)	(57)
Reclassification adjustments			0	(1,644)
Other, net			(17)	(222)
Ending Balances			(1,993,609)	(1,234,539)
Payments of special cash dividend		$ 282,500
The Company
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances			(1,998,445)	(1,080,812)
Net loss			(126,932)	(29,001)
Dividends paid			(29,995)	(282,486)
Share-based compensation			1,800	2,230
Foreign currency translation adjustments			2,001	12,176
Unrealized holding loss on marketable securities			(90)	(57)
Reclassification adjustments				(1,644)
Other, net			(17)	(85)
Ending Balances			(2,151,678)	(1,379,679)
Noncontrolling Interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances			157,040	149,886
Net loss			(4,416)	(1,995)
Payments to noncontrolling interests			(97)
Payments from noncontrolling interests				826
Share-based compensation			306	129
Disposal of noncontrolling interest				(1,046)
Foreign currency translation adjustments			5,236	(2,523)
Other, net				(137)
Ending Balances			$ 158,069	$ 145,140
iHeartCommunications, Inc.
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Payments of special cash dividend	$ 26,800	$ 254,000
Percentage of dividend payment	89.50%	89.90%
Public Stockholders
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Payments of special cash dividend	$ 3,200	$ 28,500
Percentage of dividend payment	10.50%	10.10%
Class A and Class B Stockholders
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Payments of special cash dividend	$ 30,000

STOCKHOLDERS' EQUITY (DEFICIT44

STOCKHOLDERS' EQUITY (DEFICIT) - Computation of Loss per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
NUMERATOR:
Net loss attributable to the Company – common shares	$ (126,932)	$ (29,001)
DENOMINATOR:
Weighted average common shares outstanding - basic	361,515	360,754
Stock options and restricted stock (in shares)	0	0
Weighted average common shares outstanding - diluted	361,515	360,754
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (0.35)	$ (0.08)
Diluted (in dollars per share)	$ (0.35)	$ (0.08)
Outstanding equity awards not included in computation of diluted earnings per share (in shares)	7,900	7,200

OTHER INFORMATION (Details)

OTHER INFORMATION (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Other Income and Expenses [Abstract]
Change in deferred income tax liabilities	$ 0	$ 0

SEGMENT DATA (Details)

SEGMENT DATA (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)segment	Mar. 31, 2017USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment	2
Segment Reporting Information [Line Items]
Revenue	$ 598,711	$ 544,726
Direct operating expenses	360,202	327,931
Selling, general and administrative expenses	127,408	115,774
Corporate expenses	35,435	34,540
Depreciation and amortization	84,060	77,494
Other operating expense, net	(54)	32,611
Operating income (loss)	(8,448)	21,598
Capital expenditures	28,672	36,344
Share-based compensation expense	2,106	2,359
Operating segments | Americas
Segment Reporting Information [Line Items]
Revenue	255,847	260,346
Direct operating expenses	124,873	130,651
Selling, general and administrative expenses	48,950	50,378
Corporate expenses	0	0
Depreciation and amortization	44,504	42,816
Other operating expense, net	0	0
Operating income (loss)	37,520	36,501
Capital expenditures	12,907	13,588
Share-based compensation expense	0	0
Operating segments | International
Segment Reporting Information [Line Items]
Revenue	342,864	284,380
Direct operating expenses	235,329	197,280
Selling, general and administrative expenses	78,458	65,396
Corporate expenses	0	0
Depreciation and amortization	38,565	33,152
Other operating expense, net	0	0
Operating income (loss)	(9,488)	(11,448)
Capital expenditures	15,272	22,340
Share-based compensation expense	0	0
Corporate and other reconciling items
Segment Reporting Information [Line Items]
Revenue	0	0
Direct operating expenses	0	0
Selling, general and administrative expenses	0	0
Corporate expenses	35,435	34,540
Depreciation and amortization	991	1,526
Other operating expense, net	(54)	32,611
Operating income (loss)	(36,480)	(3,455)
Capital expenditures	493	416
Share-based compensation expense	$ 2,106	$ 2,359

GUARANTOR SUBSIDIARIES - Schedu

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Balance Sheet (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 14, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 153,229		$ 144,119
Accounts receivable, net of allowance	635,821		659,463	$ 560,771
Intercompany receivables	0		0
Prepaid expenses	151,695		111,876
Other current assets	62,908		58,714
Total Current Assets	1,003,653		974,172
Structures, net	1,151,469		1,180,882
Other property, plant and equipment, net	213,610		214,147
Indefinite-lived intangibles	977,152		977,152
Other intangibles, net	269,299		273,862
Goodwill	718,667		714,043		$ 696,263
Due from iHeartCommunications	154,758	$ 1,031,700	211,990
Intercompany notes receivable	0		0
Other assets	126,917		124,534
Total Assets	4,615,525		4,670,782
Accounts payable	120,644		87,960
Intercompany payable	0		0
Accrued expenses	504,028		509,801
Deferred income	108,727		59,178
Current portion of long-term debt	487		573
Total Current Liabilities	733,886		657,512
Long-term debt	5,270,859		5,266,153
Intercompany notes payable	0		0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	3,445		0
Deferred tax liability	336,787		318,107
Other long-term liabilities	264,157		270,415
Total stockholders' equity (deficit)	(1,993,609)		(1,841,405)	$ (1,234,539)	$ (930,926)
Total Liabilities and Stockholders' Equity (Deficit)	4,615,525		4,670,782
Eliminations
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0		0
Accounts receivable, net of allowance	0		0
Intercompany receivables	(3,754,015)		(3,798,016)
Prepaid expenses	0		0
Other current assets	0		0
Total Current Assets	(3,754,015)		(3,798,016)
Structures, net	0		0
Other property, plant and equipment, net	0		0
Indefinite-lived intangibles	0		0
Other intangibles, net	0		0
Goodwill	0		0
Due from iHeartCommunications	0		0
Intercompany notes receivable	(5,301,137)		(5,298,478)
Other assets	(1,717,500)		(1,840,293)
Total Assets	(10,772,652)		(10,936,787)
Accounts payable	0		0
Intercompany payable	(3,754,015)		(3,798,016)
Accrued expenses	0		0
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	(3,754,015)		(3,798,016)
Long-term debt	0		0
Intercompany notes payable	(5,301,137)		(5,298,478)
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	0		0
Other long-term liabilities	0		0
Total stockholders' equity (deficit)	(1,717,500)		(1,840,293)
Total Liabilities and Stockholders' Equity (Deficit)	(10,772,652)		(10,936,787)
Parent Company
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	2,304		2,212
Accounts receivable, net of allowance	0		0
Intercompany receivables	0		0
Prepaid expenses	264		291
Other current assets	25,441		25,441
Total Current Assets	28,009		27,944
Structures, net	0		0
Other property, plant and equipment, net	0		0
Indefinite-lived intangibles	0		0
Other intangibles, net	0		0
Goodwill	0		0
Due from iHeartCommunications	154,758		211,990
Intercompany notes receivable	182,026		182,026
Other assets	336,110		447,152
Total Assets	700,903		869,112
Accounts payable	0		0
Intercompany payable	2,893,271		2,924,888
Accrued expenses	(11,573)		1,167
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	2,881,698		2,926,055
Long-term debt	0		0
Intercompany notes payable	0		0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	3,445
Deferred tax liability	(67,381)		(93,111)
Other long-term liabilities	1,362		1,157
Total stockholders' equity (deficit)	(2,118,221)		(1,964,989)
Total Liabilities and Stockholders' Equity (Deficit)	700,903		869,112
Subsidiary Issuer
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0		0
Accounts receivable, net of allowance	0		0
Intercompany receivables	781,444		785,075
Prepaid expenses	3,075		3,433
Other current assets	0		0
Total Current Assets	784,519		788,508
Structures, net	0		0
Other property, plant and equipment, net	0		0
Indefinite-lived intangibles	0		0
Other intangibles, net	0		0
Goodwill	0		0
Due from iHeartCommunications	0		0
Intercompany notes receivable	5,097,092		5,087,742
Other assets	106,036		111,432
Total Assets	5,987,647		5,987,682
Accounts payable	0		0
Intercompany payable	0		0
Accrued expenses	2,662		(1,315)
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	2,662		(1,315)
Long-term debt	4,897,308		4,895,104
Intercompany notes payable	16,273		16,273
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	853		853
Other long-term liabilities	0		0
Total stockholders' equity (deficit)	1,070,551		1,076,767
Total Liabilities and Stockholders' Equity (Deficit)	5,987,647		5,987,682
Guarantor Subsidiaries
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	15,490		22,841
Accounts receivable, net of allowance	180,224		192,493
Intercompany receivables	2,893,271		2,924,888
Prepaid expenses	68,448		50,028
Other current assets	2,577		2,552
Total Current Assets	3,160,010		3,192,802
Structures, net	651,882		675,443
Other property, plant and equipment, net	116,548		119,856
Indefinite-lived intangibles	977,152		977,152
Other intangibles, net	245,252		248,674
Goodwill	507,819		507,820
Due from iHeartCommunications	0		0
Intercompany notes receivable	5,746		12,437
Other assets	1,331,326		1,335,346
Total Assets	6,995,735		7,069,530
Accounts payable	29,162		7,592
Intercompany payable	860,744		873,128
Accrued expenses	118,597		91,325
Deferred income	43,752		25,278
Current portion of long-term debt	138		115
Total Current Liabilities	1,052,393		997,438
Long-term debt	3,898		1,820
Intercompany notes payable	5,039,418		5,046,119
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	457,644		466,827
Other long-term liabilities	138,352		140,272
Total stockholders' equity (deficit)	304,030		417,054
Total Liabilities and Stockholders' Equity (Deficit)	6,995,735		7,069,530
Non-Guarantor Subsidiaries
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	135,435		119,066
Accounts receivable, net of allowance	455,597		466,970
Intercompany receivables	79,300		88,053
Prepaid expenses	79,908		58,124
Other current assets	34,890		30,721
Total Current Assets	785,130		762,934
Structures, net	499,587		505,439
Other property, plant and equipment, net	97,062		94,291
Indefinite-lived intangibles	0		0
Other intangibles, net	24,047		25,188
Goodwill	210,848		206,223
Due from iHeartCommunications	0		0
Intercompany notes receivable	16,273		16,273
Other assets	70,945		70,897
Total Assets	1,703,892		1,681,245
Accounts payable	91,482		80,368
Intercompany payable	0		0
Accrued expenses	394,342		418,624
Deferred income	64,975		33,900
Current portion of long-term debt	349		458
Total Current Liabilities	551,148		533,350
Long-term debt	369,653		369,229
Intercompany notes payable	245,446		236,086
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	(54,329)		(56,462)
Other long-term liabilities	124,443		128,986
Total stockholders' equity (deficit)	467,531		470,056
Total Liabilities and Stockholders' Equity (Deficit)	$ 1,703,892		$ 1,681,245

GUARANTOR SUBSIDIARIES - Sche48

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Condensed Statement of Income Captions [Line Items]
Revenue	$ 598,711	$ 544,726
Operating expenses:
Direct operating expenses	360,202	327,931
Selling, general and administrative expenses	127,408	115,774
Corporate expenses	35,435	34,540
Depreciation and amortization	84,060	77,494
Impairment charges		0
Other operating income (expense), net	(54)	32,611
Operating income (loss)	(8,448)	21,598
Interest (income) expense, net	97,264	92,633
Interest income on Due from iHeartCommunications	0	14,807
Intercompany interest income	0	0
Intercompany interest expense	0	0
Equity in loss of nonconsolidated affiliates	188	(472)
Other income, net	19,543	3,867
Income (loss) before income taxes	(85,981)	(52,833)
Income tax benefit (expense)	(45,367)	21,837
Consolidated net loss	(131,348)	(30,996)
Less amount attributable to noncontrolling interest	(4,416)	(1,995)
Net loss attributable to the Company	(126,932)	(29,001)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	7,237	9,653
Unrealized holding loss on marketable securities	(90)	(57)
Other adjustments to comprehensive loss		(1,644)
Equity in subsidiary comprehensive income	0	0
Comprehensive loss	(119,785)	(21,049)
Less amount attributable to noncontrolling interest	5,236	(2,523)
Comprehensive loss attributable to the Company	(125,021)	(18,526)
Eliminations
Condensed Statement of Income Captions [Line Items]
Revenue	0	0
Operating expenses:
Direct operating expenses	0	0
Selling, general and administrative expenses	0	0
Corporate expenses	0	0
Depreciation and amortization	0	0
Impairment charges		0
Other operating income (expense), net	0	0
Operating income (loss)	0	0
Interest (income) expense, net	0	0
Interest income on Due from iHeartCommunications		0
Intercompany interest income	(99,671)	(104,185)
Intercompany interest expense	(99,671)	(104,185)
Equity in loss of nonconsolidated affiliates	125,057	80,028
Other income, net	0	0
Income (loss) before income taxes	125,057	80,028
Income tax benefit (expense)	0	0
Consolidated net loss	125,057	80,028
Less amount attributable to noncontrolling interest	0	0
Net loss attributable to the Company	125,057	80,028
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0
Unrealized holding loss on marketable securities	0	0
Other adjustments to comprehensive loss		0
Equity in subsidiary comprehensive income	(3,375)	(26,375)
Comprehensive loss	121,682	53,653
Less amount attributable to noncontrolling interest	0	0
Comprehensive loss attributable to the Company	121,682	53,653
Parent Company
Condensed Statement of Income Captions [Line Items]
Revenue	0	0
Operating expenses:
Direct operating expenses	0	0
Selling, general and administrative expenses	0	0
Corporate expenses	3,059	3,927
Depreciation and amortization	0	0
Impairment charges		0
Other operating income (expense), net	(104)	(103)
Operating income (loss)	(3,163)	(4,030)
Interest (income) expense, net	(2)	(301)
Interest income on Due from iHeartCommunications		14,807
Intercompany interest income	4,146	4,065
Intercompany interest expense	0	14,807
Equity in loss of nonconsolidated affiliates	(114,934)	(32,636)
Other income, net	416	5,447
Income (loss) before income taxes	(113,533)	(26,853)
Income tax benefit (expense)	(13,399)	(2,148)
Consolidated net loss	(126,932)	(29,001)
Less amount attributable to noncontrolling interest	0	0
Net loss attributable to the Company	(126,932)	(29,001)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0
Unrealized holding loss on marketable securities	0	0
Other adjustments to comprehensive loss		0
Equity in subsidiary comprehensive income	1,911	10,475
Comprehensive loss	(125,021)	(18,526)
Less amount attributable to noncontrolling interest	0	0
Comprehensive loss attributable to the Company	(125,021)	(18,526)
Subsidiary Issuer
Condensed Statement of Income Captions [Line Items]
Revenue	0	0
Operating expenses:
Direct operating expenses	0	0
Selling, general and administrative expenses	0	0
Corporate expenses	0	0
Depreciation and amortization	0	0
Impairment charges		0
Other operating income (expense), net	0	0
Operating income (loss)	0	0
Interest (income) expense, net	88,169	88,331
Interest income on Due from iHeartCommunications		0
Intercompany interest income	90,228	85,102
Intercompany interest expense	217	57
Equity in loss of nonconsolidated affiliates	(5,019)	(21,289)
Other income, net	0	0
Income (loss) before income taxes	(3,177)	(24,575)
Income tax benefit (expense)	(2,662)	(1,107)
Consolidated net loss	(5,839)	(25,682)
Less amount attributable to noncontrolling interest	0	0
Net loss attributable to the Company	(5,839)	(25,682)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0
Unrealized holding loss on marketable securities	0	0
Other adjustments to comprehensive loss		0
Equity in subsidiary comprehensive income	(377)	5,199
Comprehensive loss	(6,216)	(20,483)
Less amount attributable to noncontrolling interest	0	0
Comprehensive loss attributable to the Company	(6,216)	(20,483)
Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Revenue	253,663	252,986
Operating expenses:
Direct operating expenses	123,345	124,892
Selling, general and administrative expenses	48,723	48,471
Corporate expenses	23,922	22,281
Depreciation and amortization	45,228	43,517
Impairment charges		0
Other operating income (expense), net	(600)	32,603
Operating income (loss)	11,845	46,428
Interest (income) expense, net	388	(637)
Interest income on Due from iHeartCommunications		0
Intercompany interest income	5,297	15,018
Intercompany interest expense	94,374	89,167
Equity in loss of nonconsolidated affiliates	(4,789)	(25,700)
Other income, net	1,641	(1,457)
Income (loss) before income taxes	(80,768)	(54,241)
Income tax benefit (expense)	(34,166)	21,605
Consolidated net loss	(114,934)	(32,636)
Less amount attributable to noncontrolling interest	0	0
Net loss attributable to the Company	(114,934)	(32,636)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	70	(226)
Unrealized holding loss on marketable securities	0	0
Other adjustments to comprehensive loss		0
Equity in subsidiary comprehensive income	1,841	10,701
Comprehensive loss	(113,023)	(22,161)
Less amount attributable to noncontrolling interest	0	0
Comprehensive loss attributable to the Company	(113,023)	(22,161)
Non-Guarantor Subsidiaries
Condensed Statement of Income Captions [Line Items]
Revenue	345,048	291,740
Operating expenses:
Direct operating expenses	236,857	203,039
Selling, general and administrative expenses	78,685	67,303
Corporate expenses	8,454	8,332
Depreciation and amortization	38,832	33,977
Impairment charges		0
Other operating income (expense), net	650	111
Operating income (loss)	(17,130)	(20,800)
Interest (income) expense, net	8,709	5,240
Interest income on Due from iHeartCommunications		0
Intercompany interest income	0	0
Intercompany interest expense	5,080	154
Equity in loss of nonconsolidated affiliates	(127)	(875)
Other income, net	17,486	(123)
Income (loss) before income taxes	(13,560)	(27,192)
Income tax benefit (expense)	4,860	3,487
Consolidated net loss	(8,700)	(23,705)
Less amount attributable to noncontrolling interest	(4,416)	(1,995)
Net loss attributable to the Company	(4,284)	(21,710)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	7,167	9,879
Unrealized holding loss on marketable securities	(90)	(57)
Other adjustments to comprehensive loss		(1,644)
Equity in subsidiary comprehensive income	0	0
Comprehensive loss	2,793	(13,532)
Less amount attributable to noncontrolling interest	5,236	(2,523)
Comprehensive loss attributable to the Company	$ (2,443)	$ (11,009)

GUARANTOR SUBSIDIARIES - Sche49

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Consolidated net loss	$ (131,348)	$ (30,996)
Reconciling items:
Impairment charges		0
Depreciation and amortization	84,060	77,494
Deferred taxes	20,246	(15,579)
Provision for doubtful accounts	1,686	521
Amortization of deferred financing charges and note discounts, net	2,628	2,683
Share-based compensation	2,106	2,359
Gain on sale of operating and fixed assets	(188)	(33,322)
Equity in loss of nonconsolidated affiliates	(188)	472
Foreign exchange transaction gain	(19,600)	(3,534)
Other reconciling items, net	(1,059)	(1,478)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	36,317	37,052
Increase in prepaids and other current assets	(38,423)	(55,095)
Increase (decrease) in accrued expenses	(26,832)	(59,481)
Increase in accounts payable	30,574	(15,506)
Increase in accrued interest	8,491	4,835
Increase in deferred income	47,384	44,232
Changes in other operating assets and liabilities	(10,828)	(4,367)
Net cash provided by (used for) operating activities	5,026	(49,710)
Cash flows from investing activities:
Purchases of property, plant and equipment	(28,672)	(36,344)
Proceeds from disposal of assets	1,281	53,279
Purchases of other operating assets	(34)	(1,064)
Increase in intercompany notes receivable, net	0
Change in other, net	168	(214)
Net cash provided by (used for) investing activities	(27,257)	15,657
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	(375)
Proceeds from long-term debt	0
Payments on long-term debt	(155)	(163)
Net transfers to iHeartCommunications	60,677	(29,448)
Dividends and other payments to noncontrolling interests	(97)	826
Dividends paid	(29,910)	(281,673)
Increase in intercompany notes payable, net	0
Intercompany funding	0	0
Change in other, net	(16)	(257)
Net cash provided by (used for) financing activities	30,499	(311,090)
Effect of exchange rate changes on cash	3,292	3,588
Net increase (decrease) in cash, cash equivalents and restricted cash	11,560	(341,555)
Cash, cash equivalents and restricted cash at beginning of period	188,310	563,149
Cash and cash equivalents at end of year	199,870	221,594
Eliminations
Cash flows from operating activities:
Consolidated net loss	125,057	80,028
Reconciling items:
Impairment charges		0
Depreciation and amortization	0	0
Deferred taxes	0	0
Provision for doubtful accounts	0	0
Amortization of deferred financing charges and note discounts, net	0	0
Share-based compensation	0	0
Gain on sale of operating and fixed assets	0	0
Equity in loss of nonconsolidated affiliates	(125,057)	(80,028)
Foreign exchange transaction gain	0	0
Other reconciling items, net	0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	0	0
Increase in prepaids and other current assets	0	0
Increase (decrease) in accrued expenses	0	0
Increase in accounts payable	0	0
Increase in accrued interest	0	0
Increase in deferred income	0	0
Changes in other operating assets and liabilities	0	0
Net cash provided by (used for) operating activities	0	0
Cash flows from investing activities:
Purchases of property, plant and equipment	0	0
Proceeds from disposal of assets	0	0
Purchases of other operating assets	0	0
Increase in intercompany notes receivable, net	9,350
Change in other, net	0	0
Net cash provided by (used for) investing activities	9,350	0
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	0
Proceeds from long-term debt	0
Payments on long-term debt	0	0
Net transfers to iHeartCommunications	0	0
Dividends and other payments to noncontrolling interests	0	0
Dividends paid	0	0
Increase in intercompany notes payable, net	(9,350)
Intercompany funding	0	0
Change in other, net	0	0
Net cash provided by (used for) financing activities	(9,350)	0
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of period	0	0
Cash and cash equivalents at end of year	0	0
Parent Company
Cash flows from operating activities:
Consolidated net loss	(126,932)	(29,001)
Reconciling items:
Impairment charges		0
Depreciation and amortization	0	0
Deferred taxes	25,729	0
Provision for doubtful accounts	0	0
Amortization of deferred financing charges and note discounts, net	0	0
Share-based compensation	0	0
Gain on sale of operating and fixed assets	0	0
Equity in loss of nonconsolidated affiliates	114,934	32,636
Foreign exchange transaction gain	0	0
Other reconciling items, net	0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	0	0
Increase in prepaids and other current assets	27	(1,530)
Increase (decrease) in accrued expenses	(12,620)	1,422
Increase in accounts payable	0	0
Increase in accrued interest	0	0
Increase in deferred income	0	0
Changes in other operating assets and liabilities	(1,981)	0
Net cash provided by (used for) operating activities	(843)	3,527
Cash flows from investing activities:
Purchases of property, plant and equipment	0	0
Proceeds from disposal of assets	0	0
Purchases of other operating assets	0	0
Increase in intercompany notes receivable, net	0
Change in other, net	0	0
Net cash provided by (used for) investing activities	0	0
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	0
Proceeds from long-term debt	0
Payments on long-term debt	0	0
Net transfers to iHeartCommunications	60,677	(29,448)
Dividends and other payments to noncontrolling interests	0	0
Dividends paid	(29,910)	(281,673)
Increase in intercompany notes payable, net	0
Intercompany funding	(29,816)	49,791
Change in other, net	(16)	(257)
Net cash provided by (used for) financing activities	935	(261,587)
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	92	(258,060)
Cash, cash equivalents and restricted cash at beginning of period	27,653	300,285
Cash and cash equivalents at end of year	27,745	42,225
Subsidiary Issuer
Cash flows from operating activities:
Consolidated net loss	(5,839)	(25,682)
Reconciling items:
Impairment charges		0
Depreciation and amortization	0	0
Deferred taxes	0	0
Provision for doubtful accounts	0	0
Amortization of deferred financing charges and note discounts, net	2,204	2,192
Share-based compensation	0	0
Gain on sale of operating and fixed assets	0	0
Equity in loss of nonconsolidated affiliates	5,019	21,289
Foreign exchange transaction gain	0	0
Other reconciling items, net	0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	0	0
Increase in prepaids and other current assets	358	0
Increase (decrease) in accrued expenses	3,977	(57,545)
Increase in accounts payable	0	0
Increase in accrued interest	0	0
Increase in deferred income	0	0
Changes in other operating assets and liabilities	0	0
Net cash provided by (used for) operating activities	5,719	(59,746)
Cash flows from investing activities:
Purchases of property, plant and equipment	0	0
Proceeds from disposal of assets	0	0
Purchases of other operating assets	0	0
Increase in intercompany notes receivable, net	(9,350)
Change in other, net	0	0
Net cash provided by (used for) investing activities	(9,350)	0
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	0
Proceeds from long-term debt	0
Payments on long-term debt	0	0
Net transfers to iHeartCommunications	0	0
Dividends and other payments to noncontrolling interests	0	0
Dividends paid	0	0
Increase in intercompany notes payable, net	0
Intercompany funding	3,631	59,746
Change in other, net	0	0
Net cash provided by (used for) financing activities	3,631	59,746
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	0	0
Cash, cash equivalents and restricted cash at beginning of period	0	0
Cash and cash equivalents at end of year	0	0
Guarantor Subsidiaries
Cash flows from operating activities:
Consolidated net loss	(114,934)	(32,636)
Reconciling items:
Impairment charges		0
Depreciation and amortization	45,228	43,517
Deferred taxes	(9,182)	(13,828)
Provision for doubtful accounts	854	649
Amortization of deferred financing charges and note discounts, net	0	0
Share-based compensation	1,800	2,038
Gain on sale of operating and fixed assets	(136)	(32,609)
Equity in loss of nonconsolidated affiliates	4,789	25,700
Foreign exchange transaction gain	(41)	0
Other reconciling items, net	(562)	(1,294)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	11,886	21,796
Increase in prepaids and other current assets	(19,065)	(29,598)
Increase (decrease) in accrued expenses	26,776	42,311
Increase in accounts payable	21,569	(7,038)
Increase in accrued interest	376	6
Increase in deferred income	16,740	12,211
Changes in other operating assets and liabilities	(870)	(1,811)
Net cash provided by (used for) operating activities	(14,772)	29,414
Cash flows from investing activities:
Purchases of property, plant and equipment	(13,345)	(13,880)
Proceeds from disposal of assets	577	51,914
Purchases of other operating assets	0	0
Increase in intercompany notes receivable, net	0
Change in other, net	1	(1)
Net cash provided by (used for) investing activities	(12,767)	38,033
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	0
Proceeds from long-term debt	0
Payments on long-term debt	(34)	(22)
Net transfers to iHeartCommunications	0	0
Dividends and other payments to noncontrolling interests	0	0
Dividends paid	1,111	0
Increase in intercompany notes payable, net	0
Intercompany funding	19,111	(112,373)
Change in other, net	0	0
Net cash provided by (used for) financing activities	20,188	(112,395)
Effect of exchange rate changes on cash	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	(7,351)	(44,948)
Cash, cash equivalents and restricted cash at beginning of period	22,841	61,542
Cash and cash equivalents at end of year	15,490	16,594
Non-Guarantor Subsidiaries
Cash flows from operating activities:
Consolidated net loss	(8,700)	(23,705)
Reconciling items:
Impairment charges		0
Depreciation and amortization	38,832	33,977
Deferred taxes	3,699	(1,751)
Provision for doubtful accounts	832	(128)
Amortization of deferred financing charges and note discounts, net	424	491
Share-based compensation	306	321
Gain on sale of operating and fixed assets	(52)	(713)
Equity in loss of nonconsolidated affiliates	127	875
Foreign exchange transaction gain	(19,559)	(3,534)
Other reconciling items, net	(497)	(184)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	24,431	15,256
Increase in prepaids and other current assets	(19,743)	(23,967)
Increase (decrease) in accrued expenses	(44,965)	(45,669)
Increase in accounts payable	9,005	(8,468)
Increase in accrued interest	8,115	4,829
Increase in deferred income	30,644	32,021
Changes in other operating assets and liabilities	(7,977)	(2,556)
Net cash provided by (used for) operating activities	14,922	(22,905)
Cash flows from investing activities:
Purchases of property, plant and equipment	(15,327)	(22,464)
Proceeds from disposal of assets	704	1,365
Purchases of other operating assets	(34)	(1,064)
Increase in intercompany notes receivable, net	0
Change in other, net	167	(213)
Net cash provided by (used for) investing activities	(14,490)	(22,376)
Cash flows from financing activities:
Draws on credit facilities	0
Payments on credit facilities	0	(375)
Proceeds from long-term debt	0
Payments on long-term debt	(121)	(141)
Net transfers to iHeartCommunications	0	0
Dividends and other payments to noncontrolling interests	(97)	826
Dividends paid	(1,111)	0
Increase in intercompany notes payable, net	9,350
Intercompany funding	7,074	2,836
Change in other, net	0	0
Net cash provided by (used for) financing activities	15,095	3,146
Effect of exchange rate changes on cash	3,292	3,588
Net increase (decrease) in cash, cash equivalents and restricted cash	18,819	(38,547)
Cash, cash equivalents and restricted cash at beginning of period	137,816	201,322
Cash and cash equivalents at end of year	$ 156,635	$ 162,775