Clear Channel Outdoor (CCO) 10-Q 8 Nov 18 2018 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 05, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
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
Entity Small Business	false
Entity Emerging Growth Company	false
Class A Common Stock
Entity Common Stock, Shares Outstanding		50,413,296
Class B Common Stock
Entity Common Stock, Shares Outstanding		315,000,000

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
CURRENT ASSETS
Cash and cash equivalents	$ 191,117	$ 144,119
Accounts receivable, net of allowance of $21,800 in 2018 and $22,487 in 2017	654,038	659,463
Prepaid expenses	125,592	111,876
Other current assets	32,725	58,714
Total Current Assets	1,003,472	974,172
PROPERTY, PLANT AND EQUIPMENT
Structures, net	1,038,835	1,180,882
Other property, plant and equipment, net	217,155	214,147
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles	971,163	977,152
Other intangibles, net	257,483	273,862
Goodwill	708,508	714,043
OTHER ASSETS
Due from iHeartCommunications, net of allowance of $855,648 in 2018 and 2017	154,758	211,990
Other assets	127,988	121,199
Total Assets	4,479,362	4,667,447
CURRENT LIABILITIES
Accounts payable	99,304	87,960
Accrued expenses	533,413	509,801
Deferred income	85,732	59,178
Current portion of long-term debt	321	573
Total Current Liabilities	718,770	657,512
Long-term debt	5,274,490	5,266,153
Due to iHeartCommunications, post iHeart Chapter 11 Cases	1,495	0
Deferred income taxes	360,429	318,107
Other long-term liabilities	264,190	283,969
Commitments and Contingent liabilities (Note 5)
STOCKHOLDERS’ DEFICIT
Noncontrolling interest	153,235	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	3,084,518	3,108,148
Accumulated deficit	(5,026,573)	(4,781,245)
Accumulated other comprehensive loss	(348,317)	(340,094)
Cost of shares (1,098,625 in 2018 and 946,415 in 2017) held in treasury	(6,526)	(5,793)
Total Stockholders’ Deficit	(2,140,012)	(1,858,294)
Total Liabilities and Stockholders' Equity (Deficit)	4,479,362	4,667,447
Class A common stock
STOCKHOLDERS’ DEFICIT
Common stock issued	501	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	Sep. 30, 2018	Dec. 31, 2017
Statement of Financial Position [Abstract]
Allowances for receivables	$ 21,800	$ 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)	1,098,625	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)	51,516,299	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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Statement [Abstract]
Revenue	$ 663,739	$ 644,430	$ 1,974,117	$ 1,860,298
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	361,681	357,946	1,095,906	1,039,175
Selling, general and administrative expenses (excludes depreciation and amortization)	128,797	128,539	381,494	370,597
Corporate expenses (excludes depreciation and amortization)	37,729	35,333	111,092	105,213
Depreciation and amortization	77,405	81,096	244,232	236,880
Impairment charges	7,772	1,591	7,772	1,591
Other operating income (expense), net	825	(11,783)	1,700	28,657
Operating income	51,180	28,142	135,321	135,499
Interest expense	97,158	95,467	291,409	282,802
Interest income on Due to/from iHeartCommunications, net	363	17,087	573	47,277
Equity in earnings (loss) of nonconsolidated affiliates	202	(628)	384	(829)
Other income (expense), net	(6,087)	9,164	(22,030)	21,804
Income (loss) before income taxes	(51,500)	(41,702)	(177,161)	(79,051)
Income tax expense	(6,896)	(16,347)	(57,016)	(12,900)
Consolidated net loss	(58,396)	(58,049)	(234,177)	(91,951)
Less amount attributable to noncontrolling interest	6,692	6,159	9,716	10,546
Net loss attributable to the Company	(65,088)	(64,208)	(243,893)	(102,497)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(7,089)	12,348	(18,927)	42,353
Unrealized holding loss on marketable securities	0	(320)	0	(218)
Reclassification adjustments	1,425	6,207	1,425	4,563
Other comprehensive income (loss)	(5,664)	18,235	(17,502)	46,698
Comprehensive loss	(70,752)	(45,973)	(261,395)	(55,799)
Less amount attributable to noncontrolling interest	(5,161)	2,548	(7,844)	5,734
Comprehensive loss attributable to the Company	$ (65,591)	$ (48,521)	$ (253,551)	$ (61,533)
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
Weighted average common shares outstanding – Basic	361,815	361,302	361,680	361,064
Diluted (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
Weighted average common shares outstanding – Diluted	361,815	361,302	361,680	361,064
Dividends declared per share (in dollars per share)	$ 0	$ 0.07	$ 0.08	$ 0.85
Dividends paid per share (in dollars per share)	$ 0	$ 0.07	$ 0.08	$ 0.85

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Consolidated net loss	$ (234,177)	$ (91,951)
Reconciling items:
Impairment charges	7,772	1,591
Depreciation and amortization	244,232	236,880
Deferred taxes	40,889	(27,315)
Provision for doubtful accounts	5,108	6,328
Amortization of deferred financing charges and note discounts, net	8,000	7,996
Share-based compensation	6,757	7,153
Gain on disposal of operating and other assets	(2,307)	(30,295)
Equity in (earnings) loss of nonconsolidated affiliates	(384)	829
Foreign exchange transaction (gain) loss	21,379	(22,266)
Other reconciling items, net	(1,997)	(4,930)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable	(15,293)	(17,826)
Increase in prepaid expenses and other current assets	(19,606)	(16,109)
Increase (decrease) in accrued expenses	11,711	(8,810)
Increase (decrease) in accounts payable	13,627	(4,023)
Increase in accrued interest	10,032	6,031
Increase in deferred income	29,122	18,718
Changes in other operating assets and liabilities	(4,438)	11,106
Net cash provided by (used for) operating activities	120,427	73,107
Cash flows from investing activities:
Purchases of property, plant and equipment	(110,121)	(134,868)
Proceeds from disposal of assets	6,563	71,034
Purchases of other operating assets	(1,828)	(2,984)
Change in other, net	56	(1,058)
Net cash provided by (used for) investing activities	(105,330)	(67,876)
Cash flows from financing activities:
Payments on credit facilities	0	(909)
Proceeds from long-term debt	0	156,000
Payments on long-term debt	(482)	(604)
Net transfers from (to) iHeartCommunications	58,726	(165,650)
Dividends and other payments to noncontrolling interests	(6,144)	(12,027)
Dividends paid	(30,660)	(282,658)
Change in other, net	(2,265)	(6,234)
Net cash provided by (used for) financing activities	19,175	(312,082)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(7,951)	7,037
Net increase (decrease) in cash, cash equivalents and restricted cash	26,321	(299,814)
Cash, cash equivalents and restricted cash at beginning of period	188,310	552,691
Cash, cash equivalents and restricted cash at end of period	214,631	252,877
SUPPLEMENTAL DISCLOSURES:
Cash paid for interest	272,378	270,126
Cash paid for income taxes	$ 23,390	$ 29,771

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 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. Certain prior period amounts have been reclassified to conform to the 2018 presentation. Corrections to Prior Periods During the three months ended June 30, 2018, the Company identified misstatements associated with VAT obligations in its International segment, which resulted in an understatement of the Company's VAT obligation. Based on an analysis of the quantitative and qualitative factors in accordance with SEC Staff Bulletins ("SAB") 99, Materiality, SAB 108, Considering the Effects of Prior year Misstatements when Quantifying Misstatements in the Current Year Financial Statements and Accounting Standards Codification 250, Accounting Changes and Error Corrections , the Company concluded that these misstatements were immaterial, individually and in the aggregate, to any of the Company's prior quarterly and annual financial statements previously filed in the Company's Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K. As a result, amendment of such reports is not required. While the Company concluded that the misstatements were immaterial to each of the prior reporting periods affected, the Company further concluded that correcting the errors cumulatively would materially misstate the Consolidated Statements of Comprehensive Loss for the nine months ended September 30, 2018 . Accordingly, the Company is correcting the VAT misstatements, as well as other previously identified immaterial errors, by revising the Consolidated Balance Sheet as of December 31, 2017 and 2016 and the Consolidated Statements of Comprehensive Loss and the Consolidated Statements of Cash Flows for the years ended December 31, 2017, 2016 and 2015 and for the three months ended March 31, 2018. A summary of the effect of the corrections on the Consolidated Balance Sheet as of December 31, 2017 is as follows: December 31, 2017 (In thousands) As Reported Correction Revised Other assets $ 124,534 $ (3,335 ) $ 121,199 Total Assets 4,670,782 (3,335 ) 4,667,447 Other long-term liabilities 270,415 13,554 283,969 Accumulated deficit (4,765,514 ) (15,731 ) (4,781,245 ) Accumulated other comprehensive loss (338,936 ) (1,158 ) (340,094 ) Total Stockholders' Deficit (1,841,405 ) (16,889 ) (1,858,294 ) Total Liabilities and Stockholders’ Deficit 4,670,782 (3,335 ) 4,667,447 A summary of the effect of the corrections on the Consolidated Statements of Comprehensive Loss for the three and nine months ended September 30, 2017 is as follows: Three Months Ended September 30, 2017 (In thousands) As Reported Correction Revised Revenue $ 645,089 $ (659 ) $ 644,430 Direct operating expenses (excludes depreciation and amortization) 356,100 1,846 357,946 Selling, general and administrative expenses (excludes depreciation and amortization) 128,397 142 128,539 Operating income 30,789 (2,647 ) 28,142 Loss before income taxes (39,055 ) (2,647 ) (41,702 ) Consolidated net loss (55,402 ) (2,647 ) (58,049 ) Less amount attributable to noncontrolling interest 6,237 (78 ) 6,159 Net loss attributable to the Company (61,639 ) (2,569 ) (64,208 ) Foreign currency translation adjustments 12,950 (602 ) 12,348 Other comprehensive income 18,837 (602 ) 18,235 Comprehensive loss (42,802 ) (3,171 ) (45,973 ) Less amount attributable to noncontrolling interest 2,666 (118 ) 2,548 Comprehensive loss attributable to the Company (45,468 ) (3,053 ) (48,521 ) Basic loss per share (0.17 ) (0.01 ) (0.18 ) Diluted loss per share (0.17 ) (0.01 ) (0.18 ) Nine Months Ended September 30, 2017 (In thousands) As Reported Correction Revised Revenue $ 1,862,134 $ (1,836 ) $ 1,860,298 Direct operating expenses (excludes depreciation and amortization) 1,034,204 4,971 1,039,175 Selling, general and administrative expenses (excludes depreciation and amortization) 370,069 528 370,597 Operating income 142,834 (7,335 ) 135,499 Interest expense 282,730 72 282,802 Loss before income taxes (71,644 ) (7,407 ) (79,051 ) Consolidated net loss (84,544 ) (7,407 ) (91,951 ) Less amount attributable to noncontrolling interest 10,873 (327 ) 10,546 Net loss attributable to the Company (95,417 ) (7,080 ) (102,497 ) Foreign currency translation adjustments 43,947 (1,594 ) 42,353 Other comprehensive income 48,292 (1,594 ) 46,698 Comprehensive loss (47,125 ) (8,674 ) (55,799 ) Less amount attributable to noncontrolling interest 5,995 (261 ) 5,734 Comprehensive loss attributable to the Company (53,120 ) (8,413 ) (61,533 ) Basic loss per share (0.26 ) (0.02 ) (0.28 ) Diluted loss per share (0.26 ) (0.02 ) (0.28 ) New Accounting Pronouncements Recently Adopted Revenue from Contracts with Customers 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 Consolidated Balance Sheets, Consolidated Statements of Comprehensive Loss, or Consolidated Statements of Cash Flows for prior periods. Please refer to Note 2, Revenues, for more information. As a result of adopting this new accounting standard, the Company has updated its significant accounting policies, 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 accounts receivable 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 when or as it satisfies a performance obligation by transferring a promised good or service to a customer. The Company generates revenue primarily from the sale of advertising space on printed and digital displays, including billboards, street furniture displays, transit displays and retail displays, which may be sold as individual units or as a network package. Revenue from these contracts, which typically cover periods of a few weeks to one year, is generally recognized ratably over the term of the contract as the advertisement is displayed. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. 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. Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. 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 measured at 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. 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 September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Consolidated: Trade and barter revenues $ 3,644 $ 4,002 $ 11,416 $ 13,166 Trade and barter expenses 2,378 2,813 8,829 8,287 In order to appropriately identify the unit of accounting for revenue recognition, the Company determines which promised goods and services in a contract with a customer are distinct and are therefore separate performance obligations. If a promised good or service does not meet the criteria to be considered distinct, it is combined with other promised goods or services until a distinct bundle of goods or services exists. Certain of the Company’s contracts with customers include options for the customer to acquire additional goods or services for free or at a discount, and management judgment is required to determine whether these options are material rights that are separate performance obligations. 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 has concluded that the contractual prices for the promised goods and services in its standard contracts generally approximate management’s best estimate of standalone selling price as the rates reflect various factors such as the size and characteristics of the target audience, market location and size, and recent market selling prices. However, where the Company provides customers with free or discounted services as part of contract negotiations, management uses judgment to determine how much of the transaction price to allocate to these performance obligations. The Company receives payments from customers based on billing schedules that are established in its contracts, and 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. Americas contracts are generally billed monthly in advance, and International includes a combination of advance billings and billings upon completion of service. Contract Costs Incremental costs of obtaining a contract primarily relate to sales commissions, which are included in selling, general and administrative expenses and are generally commensurate with sales. These costs are generally expensed when incurred because the period of benefit is one year or less. 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 of 2018 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) September 30, December 31, 2017 Cash and cash equivalents $ 191,117 $ 144,119 Restricted cash included in: Other current assets 4,231 26,096 Other assets 19,283 18,095 Total cash, cash equivalents and restricted cash in the Statement of Cash Flows $ 214,631 $ 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. The most significant change to the standard includes the recognition of right-of-use assets and lease liabilities by lessees for those leases classified as operating leases. Lessor accounting also is updated to align with certain changes in the lessee model and the new revenue recognition standard which was adopted this year. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The standard is expected to have a material impact on our consolidated balance sheet, but is not expected to materially impact our consolidated statement of comprehensive loss or cash flows. The Company is continuing to evaluate the impact of the provisions of this new standard on its consolidated financial statements. In July 2018, The FASB issued ASU No. 2018-11, Leases (Topic 842) - Targeted Improvements. The update provides an additional (optional) transition method to adopt the new lease standard, allowing entities to apply the new lease standard at the adoption date. The Company plans to adopt Topic 842 following this optional transition method. The update also provides lessors a practical expedient to allow them to not separate non-lease components from the associated lease component and instead to account for those components as a single component if certain criteria are met. The updated practical expedient for lessors will not have a material effect to the Company’s 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. During the third quarter of 2018, the FASB issued ASU 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract . This update requires that a customer in a cloud computing arrangement that is a service contract follow the internal use software guidance in Accounting Standards Codification (ASC) 350-402 to determine which implementation costs to capitalize as assets. The standard is effective for fiscal years beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.

REVENUES

REVENUES	9 Months Ended
	Sep. 30, 2018
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES The Company generates revenue primarily from the sale of advertising space on printed and digital out-of-home advertising displays. Certain of these revenue transactions are considered leases, for accounting purposes, 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 ). Disaggregation of Revenue The following table shows, by segment, revenue from contracts with customers disaggregated by geographical region, revenue from leases and total revenue for the three and nine months ended September 30, 2018 and 2017 : (In thousands) Americas (1) International (1) Consolidated Three Months Ended September 30, 2018 Revenue from contracts with customers: United States $ 116,503 $ — $ 116,503 Other Americas 671 11,242 11,913 Europe — 191,514 191,514 Asia-Pacific and other — 5,563 5,563 Total 117,174 208,319 325,493 Revenue from leases 186,247 151,999 338,246 Revenue, total $ 303,421 $ 360,318 $ 663,739 Three Months Ended September 30, 2017 Revenue from contracts with customers: United States $ 106,806 $ — $ 106,806 Other Americas 2,488 14,224 16,712 Europe — 181,229 181,229 Asia-Pacific and other 162 4,635 4,797 Total 109,456 200,088 309,544 Revenue from leases 184,351 150,535 334,886 Revenue, total $ 293,807 $ 350,623 $ 644,430 Nine Months Ended September 30, 2018 Revenue from contracts with customers: United States $ 328,138 $ — $ 328,138 Other Americas 1,955 36,723 38,678 Europe — 605,032 605,032 Asia-Pacific and other — 17,685 17,685 Total 330,093 659,440 989,533 Revenue from leases 529,097 455,487 984,584 Revenue, total $ 859,190 $ 1,114,927 $ 1,974,117 Nine Months Ended September 30, 2017 Revenue from contracts with customers: United States $ 308,988 $ — $ 308,988 Other Americas 10,279 37,418 47,697 Europe — 533,111 533,111 Asia-Pacific and other 568 14,853 15,421 Total 319,835 585,382 905,217 Revenue from leases 534,509 420,572 955,081 Revenue, total $ 854,344 $ 1,005,954 $ 1,860,298 (1) Due to a re-evaluation of the Company’s segment reporting in 2018 , its operations in Latin America are included in the International 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 tables show the changes in the Company’s contract balances from contracts with customers for the three and nine months ended September 30, 2018 and 2017 : Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Accounts receivable from contracts with customers: Beginning balance, net of allowance $ 323,286 $ 316,744 $ 347,279 $ 296,778 Additions (collections), net (14,448 ) (8,767 ) (36,875 ) 12,011 Bad debt, net of recoveries (561 ) (1,176 ) (2,127 ) (1,988 ) Ending balance, net of allowance 308,277 306,801 308,277 306,801 Accounts receivable from leases, net of allowance 345,761 326,162 345,761 326,162 Total accounts receivable, net of allowance $ 654,038 $ 632,963 $ 654,038 $ 632,963 Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Deferred income from contracts with customers: Beginning balance $ 45,326 $ 44,744 $ 28,201 $ 28,668 Revenue recognized, included in beginning balance (33,668 ) (32,742 ) (24,886 ) (26,784 ) Additions, net of revenue recognized during period 28,163 32,237 36,506 42,355 Ending balance 39,821 44,239 39,821 44,239 Deferred income from leases 51,192 54,157 51,192 54,157 Total deferred income 91,013 98,396 91,013 98,396 Less: Non-current portion, included in other long-term liabilities 5,281 7,640 5,281 7,640 Total deferred income, current portion $ 85,732 $ 90,756 $ 85,732 $ 90,756 The increase in deferred income from contracts with customers during the nine months ended September 30, 2018 and 2017 was largely due to the issuance of annual invoices for non-cancelable contracts in some of the Company's International entities and the timing of the Company's billing cycle. The Company’s contracts with customers generally have a term of one year or less; however, as of September 30, 2018 , the Company expects to recognize $60.6 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 $ 279,413 2019 34,395 2020 17,155 2021 12,004 2022 8,552 Thereafter 7,197 Total minimum future rentals $ 358,716

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	9 Months Ended
	Sep. 30, 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 September 30, 2018 and December 31, 2017 , respectively: (In thousands) September 30, December 31, Land, buildings and improvements $ 145,108 $ 145,763 Structures 2,808,059 2,864,442 Furniture and other equipment 194,366 179,215 Construction in progress 60,853 55,753 3,208,386 3,245,173 Less: accumulated depreciation 1,952,396 1,850,144 Property, plant and equipment, net $ 1,255,990 $ 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. Annual Impairment Test on Indefinite-lived Intangible Assets The Company performs its annual impairment test on indefinite-lived intangible assets as of July 1 of each year. The impairment tests for indefinite-lived intangible assets consist of a comparison between the fair value of the indefinite-lived intangible asset at the market level with its carrying amount. If the carrying amount of the indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized equal to that excess. After an impairment loss is recognized, the adjusted carrying amount of the indefinite-lived asset is its new accounting basis. The fair value of the indefinite-lived asset is determined using the direct valuation method as prescribed in ASC 805-20-S99. Under the direct valuation method, the fair value of the indefinite-lived assets is calculated at the market level as prescribed by ASC 350-30-35. The Company engaged a third-party valuation firm, to assist it in the development of the assumptions and the Company’s determination of the fair value of its indefinite-lived intangible assets. The application of the direct valuation method attempts to isolate the income that is attributable to the indefinite-lived intangible asset alone (that is, apart from tangible and identified intangible assets and goodwill). It is based upon modeling a hypothetical “greenfield” build-up to a “normalized” enterprise that, by design, lacks inherent goodwill and whose only other assets have essentially been paid for (or added) as part of the build-up process. The Company forecasts revenue, expenses and cash flows over a ten-year period for each of its markets in its application of the direct valuation method. The Company also calculates a “normalized” residual year which represents the perpetual cash flows of each market. The residual year cash flow was capitalized to arrive at the terminal value of the permits in each market. Under the direct valuation method, it is assumed that rather than acquiring indefinite-lived intangible assets as part of a going concern business, the buyer hypothetically develops indefinite-lived intangible assets and builds a new operation with similar attributes from scratch. Thus, the buyer incurs start-up costs during the build-up phase which are normally associated with going concern value. Initial capital costs are deducted from the discounted cash flow model which results in value that is directly attributable to the indefinite-lived intangible assets. The key assumptions using the direct valuation method are market revenue growth rates, market share, profit margin, duration and profile of the build-up period, estimated start-up capital costs and losses incurred during the build-up period, the risk-adjusted discount rate and terminal values. This data is populated using industry normalized information representing an average billboard permit within a market. During the third quarter of 2018, the Company recognized an impairment charge of $7.8 million related to permits in one market in its Americas Segment. The Company concluded no impairment of indefinite-lived intangible assets was required for the nine months ended September 30, 2017 . 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 September 30, 2018 and December 31, 2017 , respectively: (In thousands) September 30, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 533,274 $ (440,452 ) $ 548,918 $ (440,284 ) Permanent easements 162,920 — 162,920 — Other 6,076 (4,335 ) 4,626 (2,318 ) Total $ 702,270 $ (444,787 ) $ 716,464 $ (442,602 ) Total amortization expense related to definite-lived intangible assets for the three months ended September 30, 2018 and 2017 was $5.0 million and $7.1 million , respectively. Total amortization expense related to definite-lived intangible assets for the nine months ended September 30, 2018 and 2017 was $15.3 million and $21.2 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 $ 15,045 2020 $ 12,790 2021 $ 12,548 2022 $ 10,737 2023 $ 6,335 Goodwill Annual Impairment Test to Goodwill The Company performs its annual impairment test on goodwill as of July 1 of each year. Each of the Company’s advertising markets are components. The U.S. advertising markets are aggregated into a single reporting unit for purposes of the goodwill impairment test using the guidance in ASC 350-20-55. The Company also determined that each country within its Americas segment and its International segment constitutes a separate reporting unit. The goodwill impairment test is a two-step process. The first step, used to screen for potential impairment, compares the fair value of the reporting unit with its carrying amount, including goodwill. If applicable, the second step, used to measure the amount of the impairment loss, compares the implied fair value of the reporting unit goodwill with the carrying amount of that goodwill. Each of the Company’s reporting units is valued using a discounted cash flow model which requires estimating future cash flows expected to be generated from the reporting unit and discounting such cash flows to their present value using a risk-adjusted discount rate. Terminal values were also estimated and discounted to their present value. Assessing the recoverability of goodwill requires the Company to make estimates and assumptions about sales, operating margins, growth rates and discount rates based on its budgets, business plans, economic projections, anticipated future cash flows and marketplace data. There are inherent uncertainties related to these factors and management’s judgment in applying these factors. The Company concluded no goodwill impairment was required during the three and nine months ended September 30, 2018 . The Company recognized goodwill impairment of $1.6 million during the three and nine months ended September 30, 2017 related to one market in the Company's International outdoor segment. 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 — (5,535 ) (5,535 ) Balance as of September 30, 2018 $ 507,819 $ 200,689 $ 708,508

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding as of September 30, 2018 and December 31, 2017 consisted of the following: (In thousands) September 30, 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 Receivables Based Credit Facility Due 2023 (1) — — Clear Channel International B.V. Senior Notes Due 2020 375,000 375,000 Other debt 4,034 2,393 Original issue discount (611 ) (241 ) Long-term debt fees (28,612 ) (35,426 ) Total debt $ 5,274,811 $ 5,266,726 Less: current portion 321 573 Total long-term debt $ 5,274,490 $ 5,266,153 (1) On June 1, 2018 (the “Closing Date”), Clear Channel Outdoor, Inc. (“CCO”), a subsidiary of the Company, refinanced the Company's senior revolving credit facility with an asset based credit facility that provided for revolving credit commitments of up to $75.0 million . On June 29, 2018, CCO entered into an amendment providing for a $50.0 million incremental increase of the facility, bringing the aggregate revolving credit commitments to $125.0 million . The facility has a five -year term, maturing in 2023. As of September 30, 2018 , the facility had $86.4 million of letters of credit outstanding and a borrowing base of $113.0 million , resulting in $26.6 million of excess availability. 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 September 30, 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. Receivables Based Credit Facility Due 2023 On June 1, 2018, CCO, a subsidiary of the Company, entered into a Credit Agreement (the “Credit Agreement”), as parent borrower, with certain of its subsidiaries named therein, as subsidiary borrowers (the “Subsidiary Borrowers”), Deutsche Bank AG New York Branch, as administrative agent (the “Administrative Agent”) and swing line lender, and the other lenders from time to time party thereto. The Credit Agreement governs CCO’s new asset-based revolving credit facility and replaced the Company's prior credit agreement, dated as of August 22, 2013 (the “Prior Credit Agreement”), which was terminated on the Closing Date. Size and Availability The Credit Agreement provides for an asset-based revolving credit facility, with amounts available from time to time (including in respect of letters of credit) equal to the lesser of (i) the borrowing base, which equals 85.0% of the eligible accounts receivable of CCO and the subsidiary borrowers, subject to customary eligibility criteria minus any reserves, and (ii) the aggregate revolving credit commitments. As of the Closing Date, the aggregate revolving credit commitments were $75.0 million . On June 29, 2018, CCO entered into an amendment providing for a $50.0 million incremental increase of the facility, bringing the aggregate revolving credit commitments to $125.0 million . On the Closing Date, the revolving credit facility was used to replace and terminate the commitments under the Prior Credit Agreement and to replace the letters of credit outstanding under the Prior Credit Agreement. As of September 30, 2018 , the facility had $86.4 million of letters of credit outstanding and a borrowing base of $113.0 million , resulting in $26.6 million of excess availability. Interest Rate and Fees Borrowings under the Credit Agreement bear interest at a rate per annum equal to the Applicable Rate plus, at CCO’s option, either (1) a base rate determined by reference to the highest of (a) the Federal Funds Rate plus 0.50% , (b) the rate of interest in effect for such date as publicly announced from time to time by the Administrative Agent as its “prime rate” and (c) the Eurocurrency rate that would be calculated as of such day in respect of a proposed Eurocurrency rate loan with a one-month interest period plus 1.00% , or (2) a Eurocurrency rate that is equal to the LIBOR rate as published by Reuters two business days prior to the commencement of the interest period. The Applicable Rate for borrowings under the Credit Agreement is 1.00% with respect to base rate loans and 2.00% with respect to Eurocurrency loans. In addition to paying interest on outstanding principal under the Credit Agreement, CCO is required to pay a commitment fee of 0.375% per annum to the lenders under the Credit Agreement in respect of the unutilized revolving commitments thereunder. CCO must also pay a letter of credit fee for each issued letter of credit equal to 2.00% per annum times the daily maximum amount then available to be drawn under such letter of credit. Maturity Borrowings under the Credit Agreement will mature, and lending commitments thereunder will terminate, on the earlier of (a) June 1, 2023 and (b) 90 days prior to the maturity date of any indebtedness of CCOH or any of its direct or indirect subsidiaries in an aggregate principal amount outstanding in excess of $250,000,000 (other than the 8.75% senior notes due 2020 issued by Clear Channel International, B.V.). Prepayments If at any time, the outstanding amount under the revolving credit facility exceeds the lesser of (i) the aggregate amount committed by the revolving credit lenders and (ii) the borrowing base, CCO will be required to prepay first, any protective advances and second, any outstanding revolving loans and swing line loans and/or cash collateralize letters of credit in an aggregate amount equal to such excess, as applicable. Subject to customary exceptions and restrictions, CCO may voluntarily repay outstanding amounts under the Credit Agreement at any time without premium or penalty. Any voluntary prepayments CCO makes will not reduce commitments under the Credit Agreement. Guarantees and Security The facility is guaranteed by the Subsidiary Borrowers. All obligations under the Credit Agreement, and the guarantees of those obligations, are secured by a perfected security interest in all of CCO’s and the Subsidiary Borrowers’ accounts receivable and related assets and proceeds thereof. Certain Covenants and Events of Default If borrowing availability is less than the greater of (a) $7.5 million and (b) 10.0% of the lesser of (i) the aggregate commitments at such time and (ii) the borrowing base then in effect at such time (the “Financial Covenant Triggering Event”), CCO will be required to comply with a minimum fixed charge coverage ratio of at least 1.00 to 1.00 for the most recent period of four consecutive fiscal quarters ended prior to the occurrence of the Financial Covenant Triggering Event, and will be required to continue to comply with this minimum fixed charge coverage ratio until borrowing availability exceeds the greater of (x) $7.5 million and (y) 10.0% of the lesser of (i) the aggregate commitments at such time and (ii) the borrowing base then in effect at such time, at which time the Financial Covenant Triggering Event will no longer be deemed to be occurring. The Credit Agreement also includes negative covenants that, subject to significant exceptions, limit the Borrowers’ ability and the ability of their restricted subsidiaries to, among other things: • incur additional indebtedness; • create liens on assets; • engage in mergers, consolidations, liquidations and dissolutions; • sell assets; • pay dividends and distributions or repurchase capital stock; • make investments, loans, or advances; • prepay certain junior indebtedness; • engage in certain transactions with affiliates or; • change lines of business. The Credit Agreement includes certain customary representations and warranties, affirmative covenants and events of default, including payment defaults, breach of representations and warranties, covenant defaults, cross-defaults to certain indebtedness, certain events of bankruptcy, material judgments and a change of control. If an event of default occurs, the lenders under the Credit Agreement will be entitled to take various actions, including the acceleration of all amounts due under the Credit Agreement and all actions permitted to be taken by a secured creditor. Surety Bonds, Letters of Credit and Guarantees As of September 30, 2018 , the Company had $53.4 million , $86.4 million and $41.0 million in surety bonds, letters of credit and bank guarantees outstanding, respectively. A portion of the outstanding bank guarantees were supported by $20.5 million of cash collateral. Additionally, as of September 30, 2018 , iHeartCommunications had outstanding commercial standby letters of credit and surety bonds of $1.2 million and $0.1 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	9 Months Ended
	Sep. 30, 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 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. On June 26, 2018, the defendants filed a reply brief in further support of their motion to dismiss. Oral argument on the motion to dismiss was held on September 20, 2018. We are awaiting a ruling by the Court. On August 27, 2018, the same stockholder of the Company that had filed a derivative lawsuit against iHeartMedia and others in 2016 (GAMCO Asset Management Inc.) filed a putative class action lawsuit in the Court of Chancery of the State of Delaware, captioned GAMCO Asset Management, Inc. v. Hendrix, et al., C.A. No. 2018-0633-JRS. The complaint names as defendants the Sponsor Defendants and the members of the Company’s board of directors. The complaint alleges that minority shareholders in the Company during the period November 8, 2017 to March 14, 2018 were harmed by decisions of the Company's Board and the intercompany note committee of the Board relating to the Intercompany Note. Specifically, the complaint alleges that (i) the members of the intercompany note committee breached their fiduciary duties by not demanding payment under the Intercompany Note and issuing a simultaneous dividend after a threshold tied to iHeartMedia’s liquidity had been reached; (ii) the Company's Board breached their fiduciary duties by approving the Third Amendment rather than allowing the Intercompany Note to expire; (iii) the Company's Board breached their fiduciary duties by not demanding payment under the Intercompany Note and issuing a simultaneous dividend after a threshold tied to iHeartMedia’s liquidity had been reached; (iv) the Sponsor Defendants breached their fiduciary duties by not directing the Company's Board to permit the Intercompany Note to expire and to declare a dividend. The complaint further alleges that the Sponsor Defendants aided and abetted the Board’s alleged breach of fiduciary duties. The plaintiff seeks, among other things, a ruling that the Company's Board, the intercompany note committee, and the Sponsor Defendants breached their fiduciary duties and that the Sponsor Defendants aided and abetted the Board’s breach of fiduciary duty; and an award of damages, together with pre- and post-judgment interests, to the putative class of minority shareholders. 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 a police investigation in China for misappropriation of funds. The police investigation is ongoing, 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. Italy Investigation As described in Note 1 to these consolidated financial statements, during the three months ended June 30, 2018, the Company identified misstatements associated with VAT obligations related to its subsidiary in Italy. Upon identification of these misstatements, the Company undertook certain procedures, including a forensic investigation, which is ongoing. In addition, the Company voluntarily disclosed the matter and preliminary findings to the Italian tax authorities in order to commence a discussion on the appropriate calculation of the VAT position. The current expectation is that the Company may have to repay to the Italian tax authority a substantial portion of the VAT previously applied as a credit, amounting to approximately $17 million , including estimated possible penalties and interest. The discussion with the tax authorities is at an early stage and therefore the ultimate amount that will be paid to the tax authorities in Italy is unknown. The ultimate amount to be paid may differ from the Company’s estimates, and such differences may be material.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2018
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Due from iHeartCommunications The Company records net amounts due from iHeartCommunications arising prior to the iHeart Chapter 11 Cases, described below, 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 revolving promissory notes were generally payable on demand and were scheduled to 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 September 30, 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, upon the filing of the iHeart Chapter 11 Cases on March 14, 2018, the Company ceased recording interest income on the pre-petition 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 recognized during the fourth quarter of 2017 and the $21.3 million reserve recognized in relation to interest incurred during the pre-petition period in the three months ended March 31, 2018, the outstanding principal amount of $1,031.7 million was reduced to $154.8 million as of September 30, 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 September 30, 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 on the pre-petition Due from iHeartCommunications Note during the three and nine months ended September 30, 2018 . The Company recognized interest income of $17.1 million and $47.3 million in the three and nine months ended September 30, 2017 , respectively. 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 $1.5 million owed by the Company to iHeartCommunications as of September 30, 2018 is reflected as "Due to iHeartCommunications, post iHeart Chapter 11 Cases" on the Company's Consolidated Balance Sheet. If the Company does not realize the expected recovery under the Due from iHeartCommunications Note, or does not otherwise obtain sufficient supplemental liquidity as contemplated by the Disclosure Statement filed by the Debtors in the iHeart Chapter 11 Cases, 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. Other Related Party Transactions The Company provides advertising space on its billboards for iHeartMedia, Inc. and for radio stations owned by iHeartMedia, Inc. For the three months ended September 30, 2018 and 2017 , the Company recorded $1.4 million and $1.7 million , respectively, and $5.8 million and $5.4 million for the nine months ended September 30, 2018 and 2017 , respectively, in revenue for these advertisements. Some of these agreements are leasing transactions as they convey to iHeartMedia, Inc. the right to use the Company's advertising structures for a stated period of time. 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; (viii) licensing of intellectual property, copyrights, trademarks and other intangible assets and (ix) 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 September 30, 2018 and 2017 , the Company recorded $16.0 million and $16.7 million , respectively, and $50.1 million and $50.3 million for the nine months ended September 30, 2018 and 2017 , 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 September 30, 2018 and 2017 , the Company recorded $2.3 million and $2.3 million , respectively, and $6.9 million and $7.1 million for the nine months ended September 30, 2018 and 2017 , respectively, as a component of selling, general and administrative expenses for these services.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Benefit (Expense) The Company’s income tax benefit (expense) for the three and nine months ended September 30, 2018 and 2017 consisted of the following components: (In thousands) Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Current tax expense $ (12,508 ) $ (20,921 ) $ (16,127 ) $ (40,215 ) Deferred tax benefit (expense) 5,612 4,574 (40,889 ) 27,315 Income tax expense $ (6,896 ) $ (16,347 ) $ (57,016 ) $ (12,900 ) The effective tax rates for the three and nine months ended September 30, 2018 were (13.4)% and (32.2)% . The effective rate was primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current year 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 rates for the three and nine months ended September 30, 2017 were (39.2)% and (16.3)% . The effective rates were primarily impacted by the mix of earnings within the various jurisdictions in which the Company operates and the benefits and charges from tax amounts associated with its foreign earnings that are taxed at rates different from the federal statutory rate. 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 September 30, 2018 , adjustments to the provisional income tax benefit recorded in December 2017 from the enactment of the Tax Act were not material. At September 30, 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)	9 Months Ended
	Sep. 30, 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 $ (2,015,334 ) $ 157,040 $ (1,858,294 ) Net income (loss) (243,893 ) 9,716 (234,177 ) Dividends paid (29,995 ) — (29,995 ) Payments to noncontrolling interests — (6,148 ) (6,148 ) Share-based compensation 6,286 471 6,757 Foreign currency translation adjustments (11,083 ) (7,844 ) (18,927 ) Reclassification adjustments 1,425 — 1,425 Other, net (653 ) — (653 ) Balances as of September 30, 2018 $ (2,293,247 ) $ 153,235 $ (2,140,012 ) Balances as of January 1, 2017 $ (1,091,486 ) $ 144,174 $ (947,312 ) Net income (loss) (102,497 ) 10,546 (91,951 ) Dividends declared (307,492 ) — (307,492 ) Payments to noncontrolling interests — (12,027 ) (12,027 ) Share-based compensation 6,529 624 7,153 Disposal of noncontrolling interest — (2,438 ) (2,438 ) Foreign currency translation adjustments 36,619 5,734 42,353 Unrealized holding loss on marketable securities (218 ) — (218 ) Reclassification adjustments 4,563 — 4,563 Other, net (1,613 ) (575 ) (2,188 ) Balances as of September 30, 2017 $ (1,455,595 ) $ 146,038 $ (1,309,557 ) 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 September 14, 2017, the board of directors of the Company declared a special cash dividend paid on October 5, 2017 to Class A and Class B stockholders of record at the closing of business on October 2, 2017, in an aggregate amount equal to $25.0 million . 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 Nine Months Ended 2018 2017 2018 2017 NUMERATOR: Net loss attributable to the Company – common shares $ (65,088 ) $ (64,208 ) $ (243,893 ) $ (102,497 ) DENOMINATOR: Weighted average common shares outstanding - basic 361,815 361,302 361,680 361,064 Weighted average common shares outstanding - diluted (1) 361,815 361,302 361,680 361,064 Net loss attributable to the Company per common share: Basic $ (0.18 ) $ (0.18 ) $ (0.67 ) $ (0.28 ) Diluted $ (0.18 ) $ (0.18 ) $ (0.67 ) $ (0.28 ) (1) Outstanding equity awards of 7.0 million and 8.3 million for the three months ended September 30, 2018 and 2017 , respectively, and 7.4 million and 8.3 million for the nine months ended September 30, 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	9 Months Ended
	Sep. 30, 2018
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Other Comprehensive Income (Loss) The total decrease in other comprehensive income (loss) related to the impact of pensions on deferred income tax liabilities was $0.3 million for the three and nine months ended September 30, 2018 . There was no change in deferred income tax liabilities resulting from adjustments to comprehensive income (loss) for the three and nine months ended September 30, 2017 .

SEGMENT DATA

SEGMENT DATA	9 Months Ended
	Sep. 30, 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. 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. The following table presents the Company's reportable segment results for the three and nine months ended September 30, 2018 and 2017 : (In thousands) Americas International Corporate and other reconciling items Consolidated Three Months Ended September 30, 2018 Revenue $ 303,421 $ 360,318 $ — $ 663,739 Direct operating expenses 131,241 230,440 — 361,681 Selling, general and administrative expenses 49,247 79,550 — 128,797 Corporate expenses — — 37,729 37,729 Depreciation and amortization 39,783 36,627 995 77,405 Impairment charges — — 7,772 7,772 Other operating income, net — — 825 825 Operating income (loss) $ 83,150 $ 13,701 $ (45,671 ) $ 51,180 Capital expenditures $ 25,826 $ 21,921 $ 1,059 $ 48,806 Share-based compensation expense $ — $ — $ 3,132 $ 3,132 Three Months Ended September 30, 2017 Revenue $ 293,807 $ 350,623 $ — $ 644,430 Direct operating expenses 130,269 227,677 — 357,946 Selling, general and administrative expenses 49,007 79,532 — 128,539 Corporate expenses — — 35,333 35,333 Depreciation and amortization 44,457 35,464 1,175 81,096 Impairment charges — — 1,591 1,591 Other operating income, net — — (11,783 ) (11,783 ) Operating income (loss) $ 70,074 $ 7,950 $ (49,882 ) $ 28,142 Capital expenditures $ 4,397 $ 26,932 $ 460 $ 31,789 Share-based compensation expense $ — $ — $ 2,894 $ 2,894

GUARANTOR SUBSIDIARIES

GUARANTOR SUBSIDIARIES	9 Months Ended
	Sep. 30, 2018
Condensed Financial Information 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) September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 1,600 $ — $ 13,979 $ 175,538 $ — $ 191,117 Accounts receivable, net of allowance — — 190,526 463,512 — 654,038 Intercompany receivables — 766,190 2,822,946 68,652 (3,657,788 ) — Prepaid expenses 659 1,211 59,971 63,751 — 125,592 Other current assets — — 1,653 31,072 — 32,725 Total Current Assets 2,259 767,401 3,089,075 802,525 (3,657,788 ) 1,003,472 Structures, net — — 606,604 432,231 — 1,038,835 Other property, plant and equipment, net — — 123,838 93,317 — 217,155 Indefinite-lived intangibles — — 971,163 — — 971,163 Other intangibles, net — — 238,247 19,236 — 257,483 Goodwill — — 507,819 200,689 — 708,508 Due from iHeartCommunications 154,758 — — — — 154,758 Intercompany notes receivable 182,026 5,116,629 4,691 16,275 (5,319,621 ) — Other assets 211,707 26,194 1,269,795 74,151 (1,453,859 ) 127,988 Total Assets $ 550,750 $ 5,910,224 $ 6,811,232 $ 1,638,424 $ (10,431,268 ) $ 4,479,362 Accounts payable $ — $ — $ 30,342 $ 68,962 $ — $ 99,304 Intercompany payable 2,822,946 — 834,842 — (3,657,788 ) — Accrued expenses 9,677 (1,955 ) 85,325 440,366 — 533,413 Deferred income — — 37,488 48,244 — 85,732 Current portion of long-term debt — — 221 100 — 321 Total Current Liabilities 2,832,623 (1,955 ) 988,218 557,672 (3,657,788 ) 718,770 Long-term debt — 4,900,229 3,714 370,547 — 5,274,490 Intercompany notes payable — 16,273 5,039,419 263,929 (5,319,621 ) — Due to iHeartCommunications, post iHeart Chapter 11 Cases 1,495 — — — — 1,495 Deferred tax liability (26,967 ) 853 435,665 (49,122 ) — 360,429 Other long-term liabilities 547 — 141,421 122,222 — 264,190 Total stockholders' equity (deficit) (2,256,948 ) 994,824 202,795 373,176 (1,453,859 ) (2,140,012 ) Total Liabilities and Stockholders' Equity (Deficit) $ 550,750 $ 5,910,224 $ 6,811,232 $ 1,638,424 $ (10,431,268 ) $ 4,479,362 (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 431,671 94,543 1,343,032 67,562 (1,815,609 ) 121,199 Total Assets $ 853,631 $ 5,970,793 $ 7,077,216 $ 1,677,910 $ (10,912,103 ) $ 4,667,447 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 — 140,272 142,540 — 283,969 Total stockholders' equity (deficit) (1,980,470 ) 1,059,878 424,740 453,167 (1,815,609 ) (1,858,294 ) Total Liabilities and Stockholders' Equity (Deficit) $ 853,631 $ 5,970,793 $ 7,077,216 $ 1,677,910 $ (10,912,103 ) $ 4,667,447 (In thousands) Three Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 301,218 $ 362,521 $ — $ 663,739 Operating expenses: Direct operating expenses — — 129,683 231,998 — 361,681 Selling, general and administrative expenses — — 49,041 79,756 — 128,797 Corporate expenses 1,203 — 25,440 11,086 — 37,729 Depreciation and amortization — — 40,537 36,868 — 77,405 Impairment charges — — 7,772 — — 7,772 Other operating income (expense), net (178 ) — 143 860 — 825 Operating income (loss) (1,381 ) — 48,888 3,673 — 51,180 Interest (income) expense, net (5 ) 88,093 524 8,546 — 97,158 Interest income on Due from iHeartCommunications 363 — — — — 363 Intercompany interest income 3,737 90,300 5,705 — (99,742 ) — Intercompany interest expense 363 246 94,037 5,096 (99,742 ) — Equity in earnings (loss) of nonconsolidated affiliates (51,366 ) (31,573 ) (27,883 ) (93 ) 111,117 202 Other expense, net — — (50 ) (6,037 ) — (6,087 ) Loss before income taxes (49,005 ) (29,612 ) (67,901 ) (16,099 ) 111,117 (51,500 ) Income tax benefit (expense) (16,083 ) 2,959 16,535 (10,307 ) — (6,896 ) Consolidated net loss (65,088 ) (26,653 ) (51,366 ) (26,406 ) 111,117 (58,396 ) Less amount attributable to noncontrolling interest — — — 6,692 — 6,692 Net loss attributable to the Company $ (65,088 ) $ (26,653 ) $ (51,366 ) $ (33,098 ) $ 111,117 $ (65,088 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (280 ) (6,809 ) — (7,089 ) Reclassification adjustments — — — 1,425 — 1,425 Equity in subsidiary comprehensive loss (503 ) (1,056 ) (223 ) — 1,782 — Comprehensive loss (65,591 ) (27,709 ) (51,869 ) (38,482 ) 112,899 (70,752 ) Less amount attributable to noncontrolling interest — — — (5,161 ) — (5,161 ) Comprehensive loss attributable to the Company $ (65,591 ) $ (27,709 ) $ (51,869 ) $ (33,321 ) $ 112,899 $ (65,591 ) (In thousands) Three Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 288,433 $ 355,997 $ — $ 644,430 Operating expenses: Direct operating expenses — — 126,536 231,410 — 357,946 Selling, general and administrative expenses — — 47,994 80,545 — 128,539 Corporate expenses 3,602 — 22,658 9,073 — 35,333 Depreciation and amortization — — 45,180 35,916 — 81,096 Impairment charges — — — 1,591 — 1,591 Other operating income (expense), net (102 ) — 1,876 (13,557 ) — (11,783 ) Operating income (loss) (3,704 ) — 47,941 (16,095 ) — 28,142 Interest (income) expense , net (20 ) 88,232 126 7,129 — 95,467 Interest income on Due from iHeartCommunications 17,087 — — — — 17,087 Intercompany interest income 4,090 85,067 17,316 43 (106,516 ) — Intercompany interest expense 17,087 203 89,200 26 (106,516 ) — Equity in loss of nonconsolidated affiliates (59,895 ) (18,289 ) (35,415 ) (838 ) 113,809 (628 ) Other income (expense), net (7,517 ) — 9,958 6,723 — 9,164 Loss before income taxes (67,006 ) (21,657 ) (49,526 ) (17,322 ) 113,809 (41,702 ) Income tax benefit (expense) 2,798 (1,711 ) (10,369 ) (7,065 ) — (16,347 ) Consolidated net loss (64,208 ) (23,368 ) (59,895 ) (24,387 ) 113,809 (58,049 ) Less amount attributable to noncontrolling interest — — — 6,159 — 6,159 Net loss attributable to the Company $ (64,208 ) $ (23,368 ) $ (59,895 ) $ (30,546 ) $ 113,809 $ (64,208 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 712 11,636 — 12,348 Unrealized holding loss on marketable securities — — — (320 ) — (320 ) Reclassification adjustments — — — 6,207 — 6,207 Equity in subsidiary comprehensive income 15,687 7,479 14,975 — (38,141 ) — Comprehensive loss (48,521 ) (15,889 ) (44,208 ) (13,023 ) 75,668 (45,973 ) Less amount attributable to noncontrolling interest — — — 2,548 — 2,548 Comprehensive loss attributable to the Company $ (48,521 ) $ (15,889 ) $ (44,208 ) $ (15,571 ) $ 75,668 $ (48,521 ) (In thousands) Nine Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 852,747 $ 1,121,370 $ — $ 1,974,117 Operating expenses: Direct operating expenses — — 381,908 713,998 — 1,095,906 Selling, general and administrative expenses — — 145,317 236,177 — 381,494 Corporate expenses 3,459 — 77,184 30,449 — 111,092 Depreciation and amortization — — 129,596 114,636 — 244,232 Impairment charges — — 7,772 — — 7,772 Other operating income (expense), net (273 ) — 480 1,493 — 1,700 Operating income (loss) (3,732 ) — 111,450 27,603 — 135,321 Interest (income) expense, net (15 ) 264,405 1,342 25,677 — 291,409 Interest income on Due from iHeartCommunications 573 — — — — 573 Intercompany interest income 12,123 270,774 16,492 — (299,389 ) — Intercompany interest expense 573 705 282,897 15,214 (299,389 ) — Equity in earnings (loss) of nonconsolidated affiliates (213,722 ) (65,430 ) (62,761 ) (483 ) 342,780 384 Other income (expense), net — — 1,799 (23,829 ) — (22,030 ) Loss before income taxes (205,316 ) (59,766 ) (217,259 ) (37,600 ) 342,780 (177,161 ) Income tax benefit (expense) (38,577 ) (2,369 ) 3,537 (19,607 ) — (57,016 ) Consolidated net loss (243,893 ) (62,135 ) (213,722 ) (57,207 ) 342,780 (234,177 ) Less amount attributable to noncontrolling interest — — — 9,716 — 9,716 Net loss attributable to the Company $ (243,893 ) $ (62,135 ) $ (213,722 ) $ (66,923 ) $ 342,780 $ (243,893 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (1,506 ) (17,421 ) — (18,927 ) Reclassification adjustments — — — 1,425 — 1,425 Equity in subsidiary comprehensive income (9,658 ) (4,354 ) (8,152 ) — 22,164 — Comprehensive loss (253,551 ) (66,489 ) (223,380 ) (82,919 ) 364,944 (261,395 ) Less amount attributable to noncontrolling interest — — — (7,844 ) — (7,844 ) Comprehensive loss attributable to the Company $ (253,551 ) $ (66,489 ) $ (223,380 ) $ (75,075 ) $ 364,944 $ (253,551 ) (In thousands) Nine Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 832,419 $ 1,027,879 $ — $ 1,860,298 Operating expenses: Direct operating expenses — — 378,078 661,097 — 1,039,175 Selling, general and administrative expenses — — 144,183 226,414 — 370,597 Corporate expenses 10,972 — 68,592 25,649 — 105,213 Depreciation and amortization — — 132,160 104,720 — 236,880 Impairment charges — — — 1,591 — 1,591 Other operating income (expense), net (308 ) — 35,526 (6,561 ) — 28,657 Operating income (loss) (11,280 ) — 144,932 1,847 — 135,499 Interest (income) expense , net (412 ) 264,866 (545 ) 18,893 — 282,802 Interest income on Due from iHeartCommunications 47,277 — — — — 47,277 Intercompany interest income 12,236 255,351 48,104 140 (315,831 ) — Intercompany interest expense 47,277 321 267,727 506 (315,831 ) — Equity in loss of nonconsolidated affiliates (105,062 ) (23,726 ) (46,638 ) (1,643 ) 176,240 (829 ) Other income, net 2,716 — 8,425 10,663 — 21,804 Loss before income taxes (100,978 ) (33,562 ) (112,359 ) (8,392 ) 176,240 (79,051 ) Income tax benefit (expense) (1,519 ) 576 7,297 (19,254 ) — (12,900 ) Consolidated net loss (102,497 ) (32,986 ) (105,062 ) (27,646 ) 176,240 (91,951 ) Less amount attributable to noncontrolling interest — — — 10,546 — 10,546 Net loss attributable to the Company $ (102,497 ) $ (32,986 ) $ (105,062 ) $ (38,192 ) $ 176,240 $ (102,497 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 806 41,547 — 42,353 Unrealized holding loss on marketable securities — — — (218 ) — (218 ) Reclassification adjustments — — — 4,563 — 4,563 Equity in subsidiary comprehensive income 40,964 28,647 40,158 — (109,769 ) — Comprehensive income (loss) (61,533 ) (4,339 ) (64,098 ) 7,700 66,471 (55,799 ) Less amount attributable to noncontrolling interest — — — 5,734 — 5,734 Comprehensive income (loss) attributable to the Company $ (61,533 ) $ (4,339 ) $ (64,098 ) $ 1,966 $ 66,471 $ (61,533 ) (In thousands) Nine Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (243,893 ) $ (62,135 ) $ (213,722 ) $ (57,207 ) $ 342,780 $ (234,177 ) Reconciling items: Impairment charges — — 7,772 — — 7,772 Depreciation and amortization — — 129,596 114,636 — 244,232 Deferred taxes 66,144 — (31,162 ) 5,907 — 40,889 Provision for doubtful accounts — — 2,710 2,398 — 5,108 Amortization of deferred financing charges and note discounts, net — 6,682 — 1,318 — 8,000 Share-based compensation — — 3,838 2,919 — 6,757 Gain on disposal of operating assets, net — — (510 ) (1,797 ) — (2,307 ) Equity in (earnings) loss of nonconsolidated affiliates 213,722 65,430 62,761 483 (342,780 ) (384 ) Foreign exchange transaction (gain) loss — — (444 ) 21,823 — 21,379 Other reconciling items, net — — (373 ) (1,624 ) — (1,997 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Increase in accounts receivable — — (744 ) (14,549 ) — (15,293 ) (Increase) decrease in prepaids and other current assets (367 ) 2,222 (12,369 ) (9,092 ) — (19,606 ) Increase (decrease) in accrued expenses 8,621 (1,644 ) (6,448 ) 11,182 — 11,711 Increase (decrease) in accounts payable — — 22,750 (9,123 ) — 13,627 Increase in accrued interest — 1,004 424 8,604 — 10,032 Increase in deferred income — — 11,692 17,430 — 29,122 Changes in other operating assets and liabilities (1,981 ) — 5,117 (7,574 ) — (4,438 ) Net cash provided by (used for) operating activities $ 42,246 $ 11,559 $ (19,112 ) $ 85,734 $ — $ 120,427 Cash flows from investing activities: Purchases of property, plant and equipment — — (52,333 ) (57,788 ) — (110,121 ) Proceeds from disposal of assets — — 4,444 2,119 — 6,563 Purchases of other operating assets — — (1,783 ) (45 ) — (1,828 ) Increase in intercompany notes receivable, net — (28,887 ) — — 28,887 — Dividends from subsidiaries — — 1,111 — (1,111 ) — Change in other, net — — (2 ) 58 — 56 Net cash provided by (used for) investing activities $ — $ (28,887 ) $ (48,563 ) $ (55,656 ) $ 27,776 $ (105,330 ) Cash flows from financing activities: Payments on long-term debt — — (136 ) (346 ) — (482 ) Net transfers from iHeartCommunications 58,726 — — — — 58,726 Dividends and other payments to noncontrolling interests — — — (6,144 ) — (6,144 ) Dividends paid (30,660 ) — — (1,111 ) 1,111 (30,660 ) Increase in intercompany notes payable, net — — — 28,887 (28,887 ) — Intercompany funding (95,656 ) 18,884 58,949 17,823 — — Change in other, net (709 ) (1,556 ) — — — (2,265 ) Net cash provided by (used for) financing activities (68,299 ) 17,328 58,813 39,109 (27,776 ) 19,175 Effect of exchange rate changes on cash — — — (7,951 ) — (7,951 ) Net increase (decrease) in cash and cash equivalents (26,053 ) — (8,862 ) 61,236 — 26,321 Cash, cash equivalents and restricted cash at beginning of year 27,653 — 22,841 137,816 — 188,310 Cash, cash equivalents and restricted cash at end of year $ 1,600 $ — $ 13,979 $ 199,052 $ — $ 214,631 (In thousands) Nine Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (102,497 ) $ (32,986 ) $ (105,062 ) $ (27,646 ) $ 176,240 $ (91,951 ) Reconciling items: Impairment charges — — — 1,591 — 1,591 Depreciation and amortization — — 132,160 104,720 — 236,880 Deferred taxes — — (23,464 ) (3,851 ) — (27,315 ) Provision for doubtful accounts — — 1,508 4,820 — 6,328 Amortization of deferred financing charges and note discounts, net — 6,585 — 1,411 — 7,996 Share-based compensation — — 4,859 2,294 — 7,153 (Gain) loss on sale of operating and fixed assets — — (35,601 ) 5,306 — (30,295 ) Equity in loss of nonconsolidated affiliates 105,062 23,726 46,638 1,643 (176,240 ) 829 Foreign exchange transaction (gain) loss — — 5 (22,271 ) — (22,266 ) Other reconciling items, net — — (4,397 ) (533 ) — (4,930 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: (Increase) decrease in accounts receivable — — 2,749 (20,575 ) — (17,826 ) (Increase) decrease in prepaids and other current assets 1,045 — (9,626 ) (7,528 ) — (16,109 ) Increase (decrease) in accrued expenses (3,524 ) (56,942 ) 60,128 (8,472 ) — (8,810 ) Decrease in accounts payable — — (1,086 ) (2,937 ) — (4,023 ) Increase (decrease) in accrued interest — — (93 ) 6,124 — 6,031 Increase in deferred income — — 6,352 12,366 — 18,718 Changes in other operating assets and liabilities — — 477 10,629 — 11,106 Net cash provided by (used for) operating activities $ 86 $ (59,617 ) $ 75,547 $ 57,091 $ — $ 73,107 Cash flows from investing activities: Purchases of property, plant and equipment — — (48,185 ) (86,683 ) — (134,868 ) Proceeds from disposal of assets — — 54,534 16,500 — 71,034 Purchases of other operating assets — — (758 ) (2,226 ) — (2,984 ) (Increase) decrease in intercompany notes receivable, net — 29,962 (6,146 ) (74,107 ) 50,291 — Dividends from subsidiaries — — 22,995 — (22,995 ) — Change in other, net — — (4 ) (1,054 ) — (1,058 ) Net cash provided by (used for) investing activities $ — $ 29,962 $ 22,436 $ (147,570 ) $ 27,296 $ (67,876 ) Cash flows from financing activities: Payments on credit facilities — — — (909 ) — (909 ) Proceeds from long-term debt — — — 156,000 — 156,000 Payments on long-term debt — — (73 ) (531 ) — (604 ) Net transfers to iHeartCommunications (165,650 ) — — — — (165,650 ) Dividends and other payments to noncontrolling interests — — — (12,027 ) — (12,027 ) Dividends paid (282,658 ) — — (22,995 ) 22,995 (282,658 ) Increase (decrease) in intercompany notes payable, net — 69,107 — (18,816 ) (50,291 ) — Intercompany funding 175,186 (39,452 ) (145,622 ) 9,888 — — Change in other, net (1,426 ) — — (4,808 ) — (6,234 ) Net cash provided by (used for) financing activities (274,548 ) 29,655 (145,695 ) 105,802 (27,296 ) (312,082 ) Effect of exchange rate changes on cash — — — 7,037 — 7,037 Net increase (decrease) in cash and cash equivalents (274,462 ) — (47,712 ) 22,360 — (299,814 ) Cash, cash equivalents and restricted cash at beginning of year 300,285 — 61,542 190,864 — 552,691 Cash, cash equivalents and restricted cash at end of year $ 25,823 $ — $ 13,830 $ 213,224 $ — $ 252,877

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Preparation of Interim Financial Statements	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	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. The most significant change to the standard includes the recognition of right-of-use assets and lease liabilities by lessees for those leases classified as operating leases. Lessor accounting also is updated to align with certain changes in the lessee model and the new revenue recognition standard which was adopted this year. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The standard is expected to have a material impact on our consolidated balance sheet, but is not expected to materially impact our consolidated statement of comprehensive loss or cash flows. The Company is continuing to evaluate the impact of the provisions of this new standard on its consolidated financial statements. In July 2018, The FASB issued ASU No. 2018-11, Leases (Topic 842) - Targeted Improvements. The update provides an additional (optional) transition method to adopt the new lease standard, allowing entities to apply the new lease standard at the adoption date. The Company plans to adopt Topic 842 following this optional transition method. The update also provides lessors a practical expedient to allow them to not separate non-lease components from the associated lease component and instead to account for those components as a single component if certain criteria are met. The updated practical expedient for lessors will not have a material effect to the Company’s 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. During the third quarter of 2018, the FASB issued ASU 2018-15, Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40), Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract . This update requires that a customer in a cloud computing arrangement that is a service contract follow the internal use software guidance in Accounting Standards Codification (ASC) 350-402 to determine which implementation costs to capitalize as assets. The standard is effective for fiscal years beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. New Accounting Pronouncements Recently Adopted Revenue from Contracts with Customers 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 Consolidated Balance Sheets, Consolidated Statements of Comprehensive Loss, or Consolidated Statements of Cash Flows for prior periods. Please refer to Note 2, Revenues, for more information.
Accounts Receivable	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 accounts receivable 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	Revenue Recognition The Company recognizes revenue when or as it satisfies a performance obligation by transferring a promised good or service to a customer. The Company generates revenue primarily from the sale of advertising space on printed and digital displays, including billboards, street furniture displays, transit displays and retail displays, which may be sold as individual units or as a network package. Revenue from these contracts, which typically cover periods of a few weeks to one year, is generally recognized ratably over the term of the contract as the advertisement is displayed. The Company also generates revenue from production and creative services, which are distinct from the advertising display services, and related revenue is recognized at the point in time the Company installs the advertising copy at the display site. 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. Because the transfer of promised goods and services to the customer is generally within a year of scheduled payment from the customer, the Company is not typically required to consider the effects of the time value of money when determining the transaction price. Advertising revenue is reported net of agency commissions. 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 measured at 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. 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)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Schedule of Error Corrections and Prior Period Adjustments	A summary of the effect of the corrections on the Consolidated Balance Sheet as of December 31, 2017 is as follows: December 31, 2017 (In thousands) As Reported Correction Revised Other assets $ 124,534 $ (3,335 ) $ 121,199 Total Assets 4,670,782 (3,335 ) 4,667,447 Other long-term liabilities 270,415 13,554 283,969 Accumulated deficit (4,765,514 ) (15,731 ) (4,781,245 ) Accumulated other comprehensive loss (338,936 ) (1,158 ) (340,094 ) Total Stockholders' Deficit (1,841,405 ) (16,889 ) (1,858,294 ) Total Liabilities and Stockholders’ Deficit 4,670,782 (3,335 ) 4,667,447 A summary of the effect of the corrections on the Consolidated Statements of Comprehensive Loss for the three and nine months ended September 30, 2017 is as follows: Three Months Ended September 30, 2017 (In thousands) As Reported Correction Revised Revenue $ 645,089 $ (659 ) $ 644,430 Direct operating expenses (excludes depreciation and amortization) 356,100 1,846 357,946 Selling, general and administrative expenses (excludes depreciation and amortization) 128,397 142 128,539 Operating income 30,789 (2,647 ) 28,142 Loss before income taxes (39,055 ) (2,647 ) (41,702 ) Consolidated net loss (55,402 ) (2,647 ) (58,049 ) Less amount attributable to noncontrolling interest 6,237 (78 ) 6,159 Net loss attributable to the Company (61,639 ) (2,569 ) (64,208 ) Foreign currency translation adjustments 12,950 (602 ) 12,348 Other comprehensive income 18,837 (602 ) 18,235 Comprehensive loss (42,802 ) (3,171 ) (45,973 ) Less amount attributable to noncontrolling interest 2,666 (118 ) 2,548 Comprehensive loss attributable to the Company (45,468 ) (3,053 ) (48,521 ) Basic loss per share (0.17 ) (0.01 ) (0.18 ) Diluted loss per share (0.17 ) (0.01 ) (0.18 ) Nine Months Ended September 30, 2017 (In thousands) As Reported Correction Revised Revenue $ 1,862,134 $ (1,836 ) $ 1,860,298 Direct operating expenses (excludes depreciation and amortization) 1,034,204 4,971 1,039,175 Selling, general and administrative expenses (excludes depreciation and amortization) 370,069 528 370,597 Operating income 142,834 (7,335 ) 135,499 Interest expense 282,730 72 282,802 Loss before income taxes (71,644 ) (7,407 ) (79,051 ) Consolidated net loss (84,544 ) (7,407 ) (91,951 ) Less amount attributable to noncontrolling interest 10,873 (327 ) 10,546 Net loss attributable to the Company (95,417 ) (7,080 ) (102,497 ) Foreign currency translation adjustments 43,947 (1,594 ) 42,353 Other comprehensive income 48,292 (1,594 ) 46,698 Comprehensive loss (47,125 ) (8,674 ) (55,799 ) Less amount attributable to noncontrolling interest 5,995 (261 ) 5,734 Comprehensive loss attributable to the Company (53,120 ) (8,413 ) (61,533 ) Basic loss per share (0.26 ) (0.02 ) (0.28 ) Diluted loss per share (0.26 ) (0.02 ) (0.28 )
Summary of Barter and Trade Revenues and Expenses	Trade and barter revenues and expenses from continuing operations were as follows: Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Consolidated: Trade and barter revenues $ 3,644 $ 4,002 $ 11,416 $ 13,166 Trade and barter expenses 2,378 2,813 8,829 8,287
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) September 30, December 31, 2017 Cash and cash equivalents $ 191,117 $ 144,119 Restricted cash included in: Other current assets 4,231 26,096 Other assets 19,283 18,095 Total cash, cash equivalents and restricted cash in the Statement of Cash Flows $ 214,631 $ 188,310

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Sep. 30, 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 and nine months ended September 30, 2018 and 2017 : (In thousands) Americas (1) International (1) Consolidated Three Months Ended September 30, 2018 Revenue from contracts with customers: United States $ 116,503 $ — $ 116,503 Other Americas 671 11,242 11,913 Europe — 191,514 191,514 Asia-Pacific and other — 5,563 5,563 Total 117,174 208,319 325,493 Revenue from leases 186,247 151,999 338,246 Revenue, total $ 303,421 $ 360,318 $ 663,739 Three Months Ended September 30, 2017 Revenue from contracts with customers: United States $ 106,806 $ — $ 106,806 Other Americas 2,488 14,224 16,712 Europe — 181,229 181,229 Asia-Pacific and other 162 4,635 4,797 Total 109,456 200,088 309,544 Revenue from leases 184,351 150,535 334,886 Revenue, total $ 293,807 $ 350,623 $ 644,430 Nine Months Ended September 30, 2018 Revenue from contracts with customers: United States $ 328,138 $ — $ 328,138 Other Americas 1,955 36,723 38,678 Europe — 605,032 605,032 Asia-Pacific and other — 17,685 17,685 Total 330,093 659,440 989,533 Revenue from leases 529,097 455,487 984,584 Revenue, total $ 859,190 $ 1,114,927 $ 1,974,117 Nine Months Ended September 30, 2017 Revenue from contracts with customers: United States $ 308,988 $ — $ 308,988 Other Americas 10,279 37,418 47,697 Europe — 533,111 533,111 Asia-Pacific and other 568 14,853 15,421 Total 319,835 585,382 905,217 Revenue from leases 534,509 420,572 955,081 Revenue, total $ 854,344 $ 1,005,954 $ 1,860,298 (1) Due to a re-evaluation of the Company’s segment reporting in 2018 , its operations in Latin America are included in the International segment results for all periods presented. See Note 1, Basis of Presentation .
Summary of Contract with Customer, Asset and Liability	The following tables show the changes in the Company’s contract balances from contracts with customers for the three and nine months ended September 30, 2018 and 2017 : Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Accounts receivable from contracts with customers: Beginning balance, net of allowance $ 323,286 $ 316,744 $ 347,279 $ 296,778 Additions (collections), net (14,448 ) (8,767 ) (36,875 ) 12,011 Bad debt, net of recoveries (561 ) (1,176 ) (2,127 ) (1,988 ) Ending balance, net of allowance 308,277 306,801 308,277 306,801 Accounts receivable from leases, net of allowance 345,761 326,162 345,761 326,162 Total accounts receivable, net of allowance $ 654,038 $ 632,963 $ 654,038 $ 632,963 Three Months Ended September 30, Nine Months Ended September 30, (In thousands) 2018 2017 2018 2017 Deferred income from contracts with customers: Beginning balance $ 45,326 $ 44,744 $ 28,201 $ 28,668 Revenue recognized, included in beginning balance (33,668 ) (32,742 ) (24,886 ) (26,784 ) Additions, net of revenue recognized during period 28,163 32,237 36,506 42,355 Ending balance 39,821 44,239 39,821 44,239 Deferred income from leases 51,192 54,157 51,192 54,157 Total deferred income 91,013 98,396 91,013 98,396 Less: Non-current portion, included in other long-term liabilities 5,281 7,640 5,281 7,640 Total deferred income, current portion $ 85,732 $ 90,756 $ 85,732 $ 90,756
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 $ 279,413 2019 34,395 2020 17,155 2021 12,004 2022 8,552 Thereafter 7,197 Total minimum future rentals $ 358,716

PROPERTY, PLANT AND EQUIPMENT_2

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)	9 Months Ended
	Sep. 30, 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 September 30, 2018 and December 31, 2017 , respectively: (In thousands) September 30, December 31, Land, buildings and improvements $ 145,108 $ 145,763 Structures 2,808,059 2,864,442 Furniture and other equipment 194,366 179,215 Construction in progress 60,853 55,753 3,208,386 3,245,173 Less: accumulated depreciation 1,952,396 1,850,144 Property, plant and equipment, net $ 1,255,990 $ 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 September 30, 2018 and December 31, 2017 , respectively: (In thousands) September 30, 2018 December 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 533,274 $ (440,452 ) $ 548,918 $ (440,284 ) Permanent easements 162,920 — 162,920 — Other 6,076 (4,335 ) 4,626 (2,318 ) Total $ 702,270 $ (444,787 ) $ 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 $ 15,045 2020 $ 12,790 2021 $ 12,548 2022 $ 10,737 2023 $ 6,335
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 — (5,535 ) (5,535 ) Balance as of September 30, 2018 $ 507,819 $ 200,689 $ 708,508

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2018
Debt Disclosure [Abstract]
Schedule of Long-Term Debt Outstanding	Long-term debt outstanding as of September 30, 2018 and December 31, 2017 consisted of the following: (In thousands) September 30, 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 Receivables Based Credit Facility Due 2023 (1) — — Clear Channel International B.V. Senior Notes Due 2020 375,000 375,000 Other debt 4,034 2,393 Original issue discount (611 ) (241 ) Long-term debt fees (28,612 ) (35,426 ) Total debt $ 5,274,811 $ 5,266,726 Less: current portion 321 573 Total long-term debt $ 5,274,490 $ 5,266,153 (1) On June 1, 2018 (the “Closing Date”), Clear Channel Outdoor, Inc. (“CCO”), a subsidiary of the Company, refinanced the Company's senior revolving credit facility with an asset based credit facility that provided for revolving credit commitments of up to $75.0 million . On June 29, 2018, CCO entered into an amendment providing for a $50.0 million incremental increase of the facility, bringing the aggregate revolving credit commitments to $125.0 million . The facility has a five -year term, maturing in 2023. As of September 30, 2018 , the facility had $86.4 million of letters of credit outstanding and a borrowing base of $113.0 million , resulting in $26.6 million of excess availability.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	9 Months Ended
	Sep. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Benefit (Expense)	The Company’s income tax benefit (expense) for the three and nine months ended September 30, 2018 and 2017 consisted of the following components: (In thousands) Three Months Ended September 30, Nine Months Ended September 30, 2018 2017 2018 2017 Current tax expense $ (12,508 ) $ (20,921 ) $ (16,127 ) $ (40,215 ) Deferred tax benefit (expense) 5,612 4,574 (40,889 ) 27,315 Income tax expense $ (6,896 ) $ (16,347 ) $ (57,016 ) $ (12,900 )

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT) (Tables)	9 Months Ended
	Sep. 30, 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 $ (2,015,334 ) $ 157,040 $ (1,858,294 ) Net income (loss) (243,893 ) 9,716 (234,177 ) Dividends paid (29,995 ) — (29,995 ) Payments to noncontrolling interests — (6,148 ) (6,148 ) Share-based compensation 6,286 471 6,757 Foreign currency translation adjustments (11,083 ) (7,844 ) (18,927 ) Reclassification adjustments 1,425 — 1,425 Other, net (653 ) — (653 ) Balances as of September 30, 2018 $ (2,293,247 ) $ 153,235 $ (2,140,012 ) Balances as of January 1, 2017 $ (1,091,486 ) $ 144,174 $ (947,312 ) Net income (loss) (102,497 ) 10,546 (91,951 ) Dividends declared (307,492 ) — (307,492 ) Payments to noncontrolling interests — (12,027 ) (12,027 ) Share-based compensation 6,529 624 7,153 Disposal of noncontrolling interest — (2,438 ) (2,438 ) Foreign currency translation adjustments 36,619 5,734 42,353 Unrealized holding loss on marketable securities (218 ) — (218 ) Reclassification adjustments 4,563 — 4,563 Other, net (1,613 ) (575 ) (2,188 ) Balances as of September 30, 2017 $ (1,455,595 ) $ 146,038 $ (1,309,557 )
Computation of Earnings Per Share	COMPUTATION OF LOSS PER SHARE (In thousands, except per share data) Three Months Ended Nine Months Ended 2018 2017 2018 2017 NUMERATOR: Net loss attributable to the Company – common shares $ (65,088 ) $ (64,208 ) $ (243,893 ) $ (102,497 ) DENOMINATOR: Weighted average common shares outstanding - basic 361,815 361,302 361,680 361,064 Weighted average common shares outstanding - diluted (1) 361,815 361,302 361,680 361,064 Net loss attributable to the Company per common share: Basic $ (0.18 ) $ (0.18 ) $ (0.67 ) $ (0.28 ) Diluted $ (0.18 ) $ (0.18 ) $ (0.67 ) $ (0.28 ) (1) Outstanding equity awards of 7.0 million and 8.3 million for the three months ended September 30, 2018 and 2017 , respectively, and 7.4 million and 8.3 million for the nine months ended September 30, 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)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Schedule of Reportable Segment Results	The following table presents the Company's reportable segment results for the three and nine months ended September 30, 2018 and 2017 : (In thousands) Americas International Corporate and other reconciling items Consolidated Three Months Ended September 30, 2018 Revenue $ 303,421 $ 360,318 $ — $ 663,739 Direct operating expenses 131,241 230,440 — 361,681 Selling, general and administrative expenses 49,247 79,550 — 128,797 Corporate expenses — — 37,729 37,729 Depreciation and amortization 39,783 36,627 995 77,405 Impairment charges — — 7,772 7,772 Other operating income, net — — 825 825 Operating income (loss) $ 83,150 $ 13,701 $ (45,671 ) $ 51,180 Capital expenditures $ 25,826 $ 21,921 $ 1,059 $ 48,806 Share-based compensation expense $ — $ — $ 3,132 $ 3,132 Three Months Ended September 30, 2017 Revenue $ 293,807 $ 350,623 $ — $ 644,430 Direct operating expenses 130,269 227,677 — 357,946 Selling, general and administrative expenses 49,007 79,532 — 128,539 Corporate expenses — — 35,333 35,333 Depreciation and amortization 44,457 35,464 1,175 81,096 Impairment charges — — 1,591 1,591 Other operating income, net — — (11,783 ) (11,783 ) Operating income (loss) $ 70,074 $ 7,950 $ (49,882 ) $ 28,142 Capital expenditures $ 4,397 $ 26,932 $ 460 $ 31,789 Share-based compensation expense $ — $ — $ 2,894 $ 2,894

GUARANTOR SUBSIDIARIES (Tables)

GUARANTOR SUBSIDIARIES (Tables)	9 Months Ended
	Sep. 30, 2018
Condensed Financial Information 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) September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash and cash equivalents $ 1,600 $ — $ 13,979 $ 175,538 $ — $ 191,117 Accounts receivable, net of allowance — — 190,526 463,512 — 654,038 Intercompany receivables — 766,190 2,822,946 68,652 (3,657,788 ) — Prepaid expenses 659 1,211 59,971 63,751 — 125,592 Other current assets — — 1,653 31,072 — 32,725 Total Current Assets 2,259 767,401 3,089,075 802,525 (3,657,788 ) 1,003,472 Structures, net — — 606,604 432,231 — 1,038,835 Other property, plant and equipment, net — — 123,838 93,317 — 217,155 Indefinite-lived intangibles — — 971,163 — — 971,163 Other intangibles, net — — 238,247 19,236 — 257,483 Goodwill — — 507,819 200,689 — 708,508 Due from iHeartCommunications 154,758 — — — — 154,758 Intercompany notes receivable 182,026 5,116,629 4,691 16,275 (5,319,621 ) — Other assets 211,707 26,194 1,269,795 74,151 (1,453,859 ) 127,988 Total Assets $ 550,750 $ 5,910,224 $ 6,811,232 $ 1,638,424 $ (10,431,268 ) $ 4,479,362 Accounts payable $ — $ — $ 30,342 $ 68,962 $ — $ 99,304 Intercompany payable 2,822,946 — 834,842 — (3,657,788 ) — Accrued expenses 9,677 (1,955 ) 85,325 440,366 — 533,413 Deferred income — — 37,488 48,244 — 85,732 Current portion of long-term debt — — 221 100 — 321 Total Current Liabilities 2,832,623 (1,955 ) 988,218 557,672 (3,657,788 ) 718,770 Long-term debt — 4,900,229 3,714 370,547 — 5,274,490 Intercompany notes payable — 16,273 5,039,419 263,929 (5,319,621 ) — Due to iHeartCommunications, post iHeart Chapter 11 Cases 1,495 — — — — 1,495 Deferred tax liability (26,967 ) 853 435,665 (49,122 ) — 360,429 Other long-term liabilities 547 — 141,421 122,222 — 264,190 Total stockholders' equity (deficit) (2,256,948 ) 994,824 202,795 373,176 (1,453,859 ) (2,140,012 ) Total Liabilities and Stockholders' Equity (Deficit) $ 550,750 $ 5,910,224 $ 6,811,232 $ 1,638,424 $ (10,431,268 ) $ 4,479,362 (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 431,671 94,543 1,343,032 67,562 (1,815,609 ) 121,199 Total Assets $ 853,631 $ 5,970,793 $ 7,077,216 $ 1,677,910 $ (10,912,103 ) $ 4,667,447 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 — 140,272 142,540 — 283,969 Total stockholders' equity (deficit) (1,980,470 ) 1,059,878 424,740 453,167 (1,815,609 ) (1,858,294 ) Total Liabilities and Stockholders' Equity (Deficit) $ 853,631 $ 5,970,793 $ 7,077,216 $ 1,677,910 $ (10,912,103 ) $ 4,667,447
Schedule Of Guarantor Obligations, Income Statement	(In thousands) Three Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 301,218 $ 362,521 $ — $ 663,739 Operating expenses: Direct operating expenses — — 129,683 231,998 — 361,681 Selling, general and administrative expenses — — 49,041 79,756 — 128,797 Corporate expenses 1,203 — 25,440 11,086 — 37,729 Depreciation and amortization — — 40,537 36,868 — 77,405 Impairment charges — — 7,772 — — 7,772 Other operating income (expense), net (178 ) — 143 860 — 825 Operating income (loss) (1,381 ) — 48,888 3,673 — 51,180 Interest (income) expense, net (5 ) 88,093 524 8,546 — 97,158 Interest income on Due from iHeartCommunications 363 — — — — 363 Intercompany interest income 3,737 90,300 5,705 — (99,742 ) — Intercompany interest expense 363 246 94,037 5,096 (99,742 ) — Equity in earnings (loss) of nonconsolidated affiliates (51,366 ) (31,573 ) (27,883 ) (93 ) 111,117 202 Other expense, net — — (50 ) (6,037 ) — (6,087 ) Loss before income taxes (49,005 ) (29,612 ) (67,901 ) (16,099 ) 111,117 (51,500 ) Income tax benefit (expense) (16,083 ) 2,959 16,535 (10,307 ) — (6,896 ) Consolidated net loss (65,088 ) (26,653 ) (51,366 ) (26,406 ) 111,117 (58,396 ) Less amount attributable to noncontrolling interest — — — 6,692 — 6,692 Net loss attributable to the Company $ (65,088 ) $ (26,653 ) $ (51,366 ) $ (33,098 ) $ 111,117 $ (65,088 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (280 ) (6,809 ) — (7,089 ) Reclassification adjustments — — — 1,425 — 1,425 Equity in subsidiary comprehensive loss (503 ) (1,056 ) (223 ) — 1,782 — Comprehensive loss (65,591 ) (27,709 ) (51,869 ) (38,482 ) 112,899 (70,752 ) Less amount attributable to noncontrolling interest — — — (5,161 ) — (5,161 ) Comprehensive loss attributable to the Company $ (65,591 ) $ (27,709 ) $ (51,869 ) $ (33,321 ) $ 112,899 $ (65,591 ) (In thousands) Three Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 288,433 $ 355,997 $ — $ 644,430 Operating expenses: Direct operating expenses — — 126,536 231,410 — 357,946 Selling, general and administrative expenses — — 47,994 80,545 — 128,539 Corporate expenses 3,602 — 22,658 9,073 — 35,333 Depreciation and amortization — — 45,180 35,916 — 81,096 Impairment charges — — — 1,591 — 1,591 Other operating income (expense), net (102 ) — 1,876 (13,557 ) — (11,783 ) Operating income (loss) (3,704 ) — 47,941 (16,095 ) — 28,142 Interest (income) expense , net (20 ) 88,232 126 7,129 — 95,467 Interest income on Due from iHeartCommunications 17,087 — — — — 17,087 Intercompany interest income 4,090 85,067 17,316 43 (106,516 ) — Intercompany interest expense 17,087 203 89,200 26 (106,516 ) — Equity in loss of nonconsolidated affiliates (59,895 ) (18,289 ) (35,415 ) (838 ) 113,809 (628 ) Other income (expense), net (7,517 ) — 9,958 6,723 — 9,164 Loss before income taxes (67,006 ) (21,657 ) (49,526 ) (17,322 ) 113,809 (41,702 ) Income tax benefit (expense) 2,798 (1,711 ) (10,369 ) (7,065 ) — (16,347 ) Consolidated net loss (64,208 ) (23,368 ) (59,895 ) (24,387 ) 113,809 (58,049 ) Less amount attributable to noncontrolling interest — — — 6,159 — 6,159 Net loss attributable to the Company $ (64,208 ) $ (23,368 ) $ (59,895 ) $ (30,546 ) $ 113,809 $ (64,208 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 712 11,636 — 12,348 Unrealized holding loss on marketable securities — — — (320 ) — (320 ) Reclassification adjustments — — — 6,207 — 6,207 Equity in subsidiary comprehensive income 15,687 7,479 14,975 — (38,141 ) — Comprehensive loss (48,521 ) (15,889 ) (44,208 ) (13,023 ) 75,668 (45,973 ) Less amount attributable to noncontrolling interest — — — 2,548 — 2,548 Comprehensive loss attributable to the Company $ (48,521 ) $ (15,889 ) $ (44,208 ) $ (15,571 ) $ 75,668 $ (48,521 ) (In thousands) Nine Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 852,747 $ 1,121,370 $ — $ 1,974,117 Operating expenses: Direct operating expenses — — 381,908 713,998 — 1,095,906 Selling, general and administrative expenses — — 145,317 236,177 — 381,494 Corporate expenses 3,459 — 77,184 30,449 — 111,092 Depreciation and amortization — — 129,596 114,636 — 244,232 Impairment charges — — 7,772 — — 7,772 Other operating income (expense), net (273 ) — 480 1,493 — 1,700 Operating income (loss) (3,732 ) — 111,450 27,603 — 135,321 Interest (income) expense, net (15 ) 264,405 1,342 25,677 — 291,409 Interest income on Due from iHeartCommunications 573 — — — — 573 Intercompany interest income 12,123 270,774 16,492 — (299,389 ) — Intercompany interest expense 573 705 282,897 15,214 (299,389 ) — Equity in earnings (loss) of nonconsolidated affiliates (213,722 ) (65,430 ) (62,761 ) (483 ) 342,780 384 Other income (expense), net — — 1,799 (23,829 ) — (22,030 ) Loss before income taxes (205,316 ) (59,766 ) (217,259 ) (37,600 ) 342,780 (177,161 ) Income tax benefit (expense) (38,577 ) (2,369 ) 3,537 (19,607 ) — (57,016 ) Consolidated net loss (243,893 ) (62,135 ) (213,722 ) (57,207 ) 342,780 (234,177 ) Less amount attributable to noncontrolling interest — — — 9,716 — 9,716 Net loss attributable to the Company $ (243,893 ) $ (62,135 ) $ (213,722 ) $ (66,923 ) $ 342,780 $ (243,893 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — (1,506 ) (17,421 ) — (18,927 ) Reclassification adjustments — — — 1,425 — 1,425 Equity in subsidiary comprehensive income (9,658 ) (4,354 ) (8,152 ) — 22,164 — Comprehensive loss (253,551 ) (66,489 ) (223,380 ) (82,919 ) 364,944 (261,395 ) Less amount attributable to noncontrolling interest — — — (7,844 ) — (7,844 ) Comprehensive loss attributable to the Company $ (253,551 ) $ (66,489 ) $ (223,380 ) $ (75,075 ) $ 364,944 $ (253,551 ) (In thousands) Nine Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Revenue $ — $ — $ 832,419 $ 1,027,879 $ — $ 1,860,298 Operating expenses: Direct operating expenses — — 378,078 661,097 — 1,039,175 Selling, general and administrative expenses — — 144,183 226,414 — 370,597 Corporate expenses 10,972 — 68,592 25,649 — 105,213 Depreciation and amortization — — 132,160 104,720 — 236,880 Impairment charges — — — 1,591 — 1,591 Other operating income (expense), net (308 ) — 35,526 (6,561 ) — 28,657 Operating income (loss) (11,280 ) — 144,932 1,847 — 135,499 Interest (income) expense , net (412 ) 264,866 (545 ) 18,893 — 282,802 Interest income on Due from iHeartCommunications 47,277 — — — — 47,277 Intercompany interest income 12,236 255,351 48,104 140 (315,831 ) — Intercompany interest expense 47,277 321 267,727 506 (315,831 ) — Equity in loss of nonconsolidated affiliates (105,062 ) (23,726 ) (46,638 ) (1,643 ) 176,240 (829 ) Other income, net 2,716 — 8,425 10,663 — 21,804 Loss before income taxes (100,978 ) (33,562 ) (112,359 ) (8,392 ) 176,240 (79,051 ) Income tax benefit (expense) (1,519 ) 576 7,297 (19,254 ) — (12,900 ) Consolidated net loss (102,497 ) (32,986 ) (105,062 ) (27,646 ) 176,240 (91,951 ) Less amount attributable to noncontrolling interest — — — 10,546 — 10,546 Net loss attributable to the Company $ (102,497 ) $ (32,986 ) $ (105,062 ) $ (38,192 ) $ 176,240 $ (102,497 ) Other comprehensive income (loss), net of tax: Foreign currency translation adjustments — — 806 41,547 — 42,353 Unrealized holding loss on marketable securities — — — (218 ) — (218 ) Reclassification adjustments — — — 4,563 — 4,563 Equity in subsidiary comprehensive income 40,964 28,647 40,158 — (109,769 ) — Comprehensive income (loss) (61,533 ) (4,339 ) (64,098 ) 7,700 66,471 (55,799 ) Less amount attributable to noncontrolling interest — — — 5,734 — 5,734 Comprehensive income (loss) attributable to the Company $ (61,533 ) $ (4,339 ) $ (64,098 ) $ 1,966 $ 66,471 $ (61,533 )
Schedule Of Guarantor Obligations, Cash Flow	(In thousands) Nine Months Ended September 30, 2018 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (243,893 ) $ (62,135 ) $ (213,722 ) $ (57,207 ) $ 342,780 $ (234,177 ) Reconciling items: Impairment charges — — 7,772 — — 7,772 Depreciation and amortization — — 129,596 114,636 — 244,232 Deferred taxes 66,144 — (31,162 ) 5,907 — 40,889 Provision for doubtful accounts — — 2,710 2,398 — 5,108 Amortization of deferred financing charges and note discounts, net — 6,682 — 1,318 — 8,000 Share-based compensation — — 3,838 2,919 — 6,757 Gain on disposal of operating assets, net — — (510 ) (1,797 ) — (2,307 ) Equity in (earnings) loss of nonconsolidated affiliates 213,722 65,430 62,761 483 (342,780 ) (384 ) Foreign exchange transaction (gain) loss — — (444 ) 21,823 — 21,379 Other reconciling items, net — — (373 ) (1,624 ) — (1,997 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: Increase in accounts receivable — — (744 ) (14,549 ) — (15,293 ) (Increase) decrease in prepaids and other current assets (367 ) 2,222 (12,369 ) (9,092 ) — (19,606 ) Increase (decrease) in accrued expenses 8,621 (1,644 ) (6,448 ) 11,182 — 11,711 Increase (decrease) in accounts payable — — 22,750 (9,123 ) — 13,627 Increase in accrued interest — 1,004 424 8,604 — 10,032 Increase in deferred income — — 11,692 17,430 — 29,122 Changes in other operating assets and liabilities (1,981 ) — 5,117 (7,574 ) — (4,438 ) Net cash provided by (used for) operating activities $ 42,246 $ 11,559 $ (19,112 ) $ 85,734 $ — $ 120,427 Cash flows from investing activities: Purchases of property, plant and equipment — — (52,333 ) (57,788 ) — (110,121 ) Proceeds from disposal of assets — — 4,444 2,119 — 6,563 Purchases of other operating assets — — (1,783 ) (45 ) — (1,828 ) Increase in intercompany notes receivable, net — (28,887 ) — — 28,887 — Dividends from subsidiaries — — 1,111 — (1,111 ) — Change in other, net — — (2 ) 58 — 56 Net cash provided by (used for) investing activities $ — $ (28,887 ) $ (48,563 ) $ (55,656 ) $ 27,776 $ (105,330 ) Cash flows from financing activities: Payments on long-term debt — — (136 ) (346 ) — (482 ) Net transfers from iHeartCommunications 58,726 — — — — 58,726 Dividends and other payments to noncontrolling interests — — — (6,144 ) — (6,144 ) Dividends paid (30,660 ) — — (1,111 ) 1,111 (30,660 ) Increase in intercompany notes payable, net — — — 28,887 (28,887 ) — Intercompany funding (95,656 ) 18,884 58,949 17,823 — — Change in other, net (709 ) (1,556 ) — — — (2,265 ) Net cash provided by (used for) financing activities (68,299 ) 17,328 58,813 39,109 (27,776 ) 19,175 Effect of exchange rate changes on cash — — — (7,951 ) — (7,951 ) Net increase (decrease) in cash and cash equivalents (26,053 ) — (8,862 ) 61,236 — 26,321 Cash, cash equivalents and restricted cash at beginning of year 27,653 — 22,841 137,816 — 188,310 Cash, cash equivalents and restricted cash at end of year $ 1,600 $ — $ 13,979 $ 199,052 $ — $ 214,631 (In thousands) Nine Months Ended September 30, 2017 Parent Subsidiary Guarantor Non-Guarantor Company Issuer Subsidiaries Subsidiaries Eliminations Consolidated Cash flows from operating activities: Consolidated net loss $ (102,497 ) $ (32,986 ) $ (105,062 ) $ (27,646 ) $ 176,240 $ (91,951 ) Reconciling items: Impairment charges — — — 1,591 — 1,591 Depreciation and amortization — — 132,160 104,720 — 236,880 Deferred taxes — — (23,464 ) (3,851 ) — (27,315 ) Provision for doubtful accounts — — 1,508 4,820 — 6,328 Amortization of deferred financing charges and note discounts, net — 6,585 — 1,411 — 7,996 Share-based compensation — — 4,859 2,294 — 7,153 (Gain) loss on sale of operating and fixed assets — — (35,601 ) 5,306 — (30,295 ) Equity in loss of nonconsolidated affiliates 105,062 23,726 46,638 1,643 (176,240 ) 829 Foreign exchange transaction (gain) loss — — 5 (22,271 ) — (22,266 ) Other reconciling items, net — — (4,397 ) (533 ) — (4,930 ) Changes in operating assets and liabilities, net of effects of acquisitions and dispositions: (Increase) decrease in accounts receivable — — 2,749 (20,575 ) — (17,826 ) (Increase) decrease in prepaids and other current assets 1,045 — (9,626 ) (7,528 ) — (16,109 ) Increase (decrease) in accrued expenses (3,524 ) (56,942 ) 60,128 (8,472 ) — (8,810 ) Decrease in accounts payable — — (1,086 ) (2,937 ) — (4,023 ) Increase (decrease) in accrued interest — — (93 ) 6,124 — 6,031 Increase in deferred income — — 6,352 12,366 — 18,718 Changes in other operating assets and liabilities — — 477 10,629 — 11,106 Net cash provided by (used for) operating activities $ 86 $ (59,617 ) $ 75,547 $ 57,091 $ — $ 73,107 Cash flows from investing activities: Purchases of property, plant and equipment — — (48,185 ) (86,683 ) — (134,868 ) Proceeds from disposal of assets — — 54,534 16,500 — 71,034 Purchases of other operating assets — — (758 ) (2,226 ) — (2,984 ) (Increase) decrease in intercompany notes receivable, net — 29,962 (6,146 ) (74,107 ) 50,291 — Dividends from subsidiaries — — 22,995 — (22,995 ) — Change in other, net — — (4 ) (1,054 ) — (1,058 ) Net cash provided by (used for) investing activities $ — $ 29,962 $ 22,436 $ (147,570 ) $ 27,296 $ (67,876 ) Cash flows from financing activities: Payments on credit facilities — — — (909 ) — (909 ) Proceeds from long-term debt — — — 156,000 — 156,000 Payments on long-term debt — — (73 ) (531 ) — (604 ) Net transfers to iHeartCommunications (165,650 ) — — — — (165,650 ) Dividends and other payments to noncontrolling interests — — — (12,027 ) — (12,027 ) Dividends paid (282,658 ) — — (22,995 ) 22,995 (282,658 ) Increase (decrease) in intercompany notes payable, net — 69,107 — (18,816 ) (50,291 ) — Intercompany funding 175,186 (39,452 ) (145,622 ) 9,888 — — Change in other, net (1,426 ) — — (4,808 ) — (6,234 ) Net cash provided by (used for) financing activities (274,548 ) 29,655 (145,695 ) 105,802 (27,296 ) (312,082 ) Effect of exchange rate changes on cash — — — 7,037 — 7,037 Net increase (decrease) in cash and cash equivalents (274,462 ) — (47,712 ) 22,360 — (299,814 ) Cash, cash equivalents and restricted cash at beginning of year 300,285 — 61,542 190,864 — 552,691 Cash, cash equivalents and restricted cash at end of year $ 25,823 $ — $ 13,830 $ 213,224 $ — $ 252,877

BASIS OF PRESENTATION - Summary

BASIS OF PRESENTATION - Summary of Changes in Financial Statements Due to Error Corrections (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Other assets	$ 127,988		$ 127,988		$ 121,199
Total Assets	4,479,362		4,479,362		4,667,447
Other long-term liabilities	264,190		264,190		283,969
Accumulated deficit	(5,026,573)		(5,026,573)		(4,781,245)
Accumulated other comprehensive loss	(348,317)		(348,317)		(340,094)
Total Stockholders' Deficit	(2,140,012)	$ (1,309,557)	(2,140,012)	$ (1,309,557)	(1,858,294)	$ (947,312)
Total Liabilities and Stockholders’ Deficit	4,479,362		4,479,362		4,667,447
Statement of Comprehensive Income [Abstract]
Revenue	663,739	644,430	1,974,117	1,860,298
Direct operating expenses (excludes depreciation and amortization)	361,681	357,946	1,095,906	1,039,175
Selling, general and administrative expenses (excludes depreciation and amortization)	128,797	128,539	381,494	370,597
Operating income	51,180	28,142	135,321	135,499
Loss before income taxes	(51,500)	(41,702)	(177,161)	(79,051)
Interest expense	97,158	95,467	291,409	282,802
Consolidated net loss	(58,396)	(58,049)	(234,177)	(91,951)
Less amount attributable to noncontrolling interest	6,692	6,159	9,716	10,546
Net loss attributable to the Company	(65,088)	(64,208)	(243,893)	(102,497)
Foreign currency translation adjustments	(7,089)	12,348	(18,927)	42,353
Other comprehensive income	(5,664)	18,235	(17,502)	46,698
Comprehensive loss	(70,752)	(45,973)	(261,395)	(55,799)
Less amount attributable to noncontrolling interest	(5,161)	2,548	(7,844)	5,734
Comprehensive loss attributable to the Company	$ (65,591)	$ (48,521)	$ (253,551)	$ (61,533)
Basic loss per share (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
Diluted loss per share (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
As Reported
Statement of Financial Position [Abstract]
Other assets					124,534
Total Assets					4,670,782
Other long-term liabilities					270,415
Accumulated deficit					(4,765,514)
Accumulated other comprehensive loss					(338,936)
Total Stockholders' Deficit					(1,841,405)
Total Liabilities and Stockholders’ Deficit					4,670,782
Statement of Comprehensive Income [Abstract]
Revenue		$ 645,089		$ 1,862,134
Direct operating expenses (excludes depreciation and amortization)		356,100		1,034,204
Selling, general and administrative expenses (excludes depreciation and amortization)		128,397		370,069
Operating income		30,789		142,834
Loss before income taxes		(39,055)		(71,644)
Interest expense				282,730
Consolidated net loss		(55,402)		(84,544)
Less amount attributable to noncontrolling interest		6,237		10,873
Net loss attributable to the Company		(61,639)		(95,417)
Foreign currency translation adjustments		12,950		43,947
Other comprehensive income		18,837		48,292
Comprehensive loss		(42,802)		(47,125)
Less amount attributable to noncontrolling interest		2,666		5,995
Comprehensive loss attributable to the Company		$ (45,468)		$ (53,120)
Basic loss per share (in dollars per share)		$ (0.17)		$ (0.26)
Diluted loss per share (in dollars per share)		$ (0.17)		$ (0.26)
Correction
Statement of Financial Position [Abstract]
Other assets					(3,335)
Total Assets					(3,335)
Other long-term liabilities					13,554
Accumulated deficit					(15,731)
Accumulated other comprehensive loss					(1,158)
Total Stockholders' Deficit					(16,889)
Total Liabilities and Stockholders’ Deficit					$ (3,335)
Statement of Comprehensive Income [Abstract]
Revenue		$ (659)		$ (1,836)
Direct operating expenses (excludes depreciation and amortization)		1,846		4,971
Selling, general and administrative expenses (excludes depreciation and amortization)		142		528
Operating income		(2,647)		(7,335)
Loss before income taxes		(2,647)		(7,407)
Interest expense				72
Consolidated net loss		(2,647)		(7,407)
Less amount attributable to noncontrolling interest		(78)		(327)
Net loss attributable to the Company		(2,569)		(7,080)
Foreign currency translation adjustments		(602)		(1,594)
Other comprehensive income		(602)		(1,594)
Comprehensive loss		(3,171)		(8,674)
Less amount attributable to noncontrolling interest		(118)		(261)
Comprehensive loss attributable to the Company		$ (3,053)		$ (8,413)
Basic loss per share (in dollars per share)		$ (0.01)		$ (0.02)
Diluted loss per share (in dollars per share)		$ (0.01)		$ (0.02)

BASIS OF PRESENTATION - Trade a

BASIS OF PRESENTATION - Trade and Barter Revenues and Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Maximum | Americas and International Outdoor Advertising
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Revenue from contract with customer, contract period			Revenue from these contracts, which typically cover periods of a few weeks to one year, is generally recognized ratably over the term of the contract as the advertisement is displayed.
Trade and Barter Transactions
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Trade and barter revenues	$ 3,644	$ 4,002	$ 11,416	$ 13,166
Trade and barter expenses	$ 2,378	$ 2,813	$ 8,829	$ 8,287

BASIS OF PRESENTATION - Schedul

BASIS OF PRESENTATION - Schedule of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Cash and cash equivalents	$ 191,117	$ 144,119
Restricted cash included in:
Other current assets	4,231	26,096
Other assets	19,283	18,095
Total cash, cash equivalents and restricted cash in the Statement of Cash Flows	$ 214,631	$ 188,310	$ 252,877	$ 552,691

REVENUES - Revenue by Segment a

REVENUES - Revenue by Segment and Geographical Area (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	$ 325,493	$ 309,544	$ 989,533	$ 905,217
Revenue from leases	338,246	334,886	984,584	955,081
Revenue, total	663,739	644,430	1,974,117	1,860,298
United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	116,503	106,806	328,138	308,988
Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	11,913	16,712	38,678	47,697
Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	191,514	181,229	605,032	533,111
Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	5,563	4,797	17,685	15,421
Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	117,174	109,456	330,093	319,835
Revenue from leases	186,247	184,351	529,097	534,509
Revenue, total	303,421	293,807	859,190	854,344
Americas | United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	116,503	106,806	328,138	308,988
Americas | Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	671	2,488	1,955	10,279
Americas | Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0	0	0
Americas | Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	162	0	568
International
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	208,319	200,088	659,440	585,382
Revenue from leases	151,999	150,535	455,487	420,572
Revenue, total	360,318	350,623	1,114,927	1,005,954
International | United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	0	0	0	0
International | Other Americas
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	11,242	14,224	36,723	37,418
International | Europe
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	191,514	181,229	605,032	533,111
International | Asia-Pacific and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue from contracts with customers	$ 5,563	$ 4,635	$ 17,685	$ 14,853

REVENUES - Schedule of Contract

REVENUES - Schedule of Contract Assets and Liabilities (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Contract Assets
Beginning balance, net of allowance	$ 323,286	$ 316,744	$ 347,279	$ 296,778
Additions (collections), net	(14,448)	(8,767)	(36,875)	12,011
Bad debt, net of recoveries	(561)	(1,176)	(2,127)	(1,988)
Ending balance, net of allowance	308,277	306,801	308,277	306,801
Accounts receivable from leases, net of allowance	345,761	326,162	345,761	326,162
Total accounts receivable, net of allowance	654,038	632,963	654,038	632,963	$ 659,463
Contract Liabilities
Beginning balance	45,326	44,744	28,201	28,668
Revenue recognized, included in beginning balance	(33,668)	(32,742)	(24,886)	(26,784)
Additions, net of revenue recognized during period	28,163	32,237	36,506	42,355
Ending balance	39,821	44,239	39,821	44,239
Deferred income from leases	51,192	54,157	51,192	54,157
Total deferred income	91,013	98,396	91,013	98,396
Less: Non-current portion, included in other long-term liabilities	5,281	7,640	5,281	7,640
Total deferred income, current portion	$ 85,732	$ 90,756	$ 85,732	$ 90,756	$ 59,178

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-10-01 $ in Millions	Sep. 30, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation	$ 60.6
Revenue, remaining performance obligation, period	5 years

REVENUES - Revenue From Leases

REVENUES - Revenue From Leases (Details) $ in Thousands	Sep. 30, 2018USD ($)
Revenue from Contract with Customer [Abstract]
2,018	$ 279,413
2,019	34,395
2,020	17,155
2,021	12,004
2,022	8,552
Thereafter	7,197
Total minimum future rentals	$ 358,716

PROPERTY, PLANT AND EQUIPMENT_3

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 3,208,386	$ 3,245,173
Less: accumulated depreciation	1,952,396	1,850,144
Property, plant and equipment, net	1,255,990	1,395,029
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	145,108	145,763
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	2,808,059	2,864,442
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	194,366	179,215
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 60,853	$ 55,753

PROPERTY, PLANT AND EQUIPMENT_4

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets in International outdoor segment	$ 971,163,000		$ 971,163,000		$ 977,152,000
Impairment of indefinite-lived intangible assets				$ 0
Amortization expense related to definite-lived intangible assets	5,000,000	$ 7,100,000	15,300,000	21,200,000
Goodwill impairment		0	0		1,591,000
International
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets in International outdoor segment	0		$ 0
Goodwill impairment		$ 1,600,000		$ 1,600,000	$ 1,591,000
Americas
Indefinite-lived Intangible Assets [Line Items]
Impairment of indefinite-lived intangible assets	$ 7,800,000

PROPERTY, PLANT AND EQUIPMENT_5

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 702,270	$ 716,464
Accumulated Amortization	(444,787)	(442,602)
Transit, street furniture and other outdoor contractual rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	533,274	548,918
Accumulated Amortization	(440,452)	(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	6,076	4,626
Accumulated Amortization	$ (4,335)	$ (2,318)

PROPERTY, PLANT AND EQUIPMENT_6

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Future Amortization Expense (Details) $ in Thousands	Sep. 30, 2018USD ($)
Property, Plant and Equipment [Abstract]
2,019	$ 15,045
2,020	12,790
2,021	12,548
2,022	10,737
2,023	$ 6,335

PROPERTY, PLANT AND EQUIPMENT_7

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule of Changes in Carrying Amount of Goodwill (Details) - USD ($)	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Goodwill
Beginning balance		$ 714,043,000	$ 696,263,000	$ 696,263,000
Acquisitions				2,252,000
Impairment	$ 0	0		(1,591,000)
Foreign currency		(5,535,000)		18,847,000
Ending balance		708,508,000		714,043,000
Dispositions
Goodwill
Dispositions and assets held for sale				(1,817,000)
Assets held for sale
Goodwill
Assets held for sale				(89,000)
Americas
Goodwill
Beginning balance		507,819,000	505,478,000	505,478,000
Acquisitions				2,252,000
Impairment				0
Foreign currency		0		0
Ending balance		507,819,000		507,819,000
Americas | Dispositions
Goodwill
Dispositions and assets held for sale				0
Americas | Assets held for sale
Goodwill
Assets held for sale				(89,000)
International
Goodwill
Beginning balance		206,224,000	190,785,000	190,785,000
Acquisitions				0
Impairment	$ (1,600,000)		$ (1,600,000)	(1,591,000)
Foreign currency		(5,535,000)		18,847,000
Ending balance		$ 200,689,000		206,224,000
International | Dispositions
Goodwill
Dispositions and assets held for sale				(1,817,000)
International | Assets held for sale
Goodwill
Assets held for sale				$ 0

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-Term Debt Outstanding (Details) - USD ($)	Jun. 29, 2018	Sep. 30, 2018	Jun. 01, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Total debt		$ 5,274,811,000		$ 5,266,726,000
Original issue discount		(611,000)		(241,000)
Long-term debt fees		(28,612,000)		(35,426,000)
Less: current portion		321,000		573,000
Total long-term debt		5,274,490,000		5,266,153,000
Letters of credit outstanding		86,400,000
Receivables Based Credit Facility Due 2023
Debt Instrument [Line Items]
Total debt		0		0
Clear Channel International B.V. Senior Notes Due 2020
Debt Instrument [Line Items]
Total debt		$ 375,000,000		375,000,000
Stated interest rate		8.75%
Other debt
Debt Instrument [Line Items]
Total debt		$ 4,034,000		2,393,000
CCO Receivables Based Credit Facility Due 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity		112,200,000
Letters of credit outstanding		60,700,000
Amount available under receivables based credit facility		51,500,000
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%
Line of Credit | CCO Receivables Based Credit Facility Due 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 75,000,000
Subsidiary | Line of Credit | CCO Receivables Based Credit Facility Due 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 125,000,000	$ 113,000,000	$ 75,000,000
Incremental increase of facility	$ 50,000,000
Credit facility term	5 years
Letters of credit outstanding		86,400,000
Amount available under receivables based credit facility		$ 26,600,000

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)	Jun. 29, 2018USD ($)	Jun. 01, 2018USD ($)	Sep. 30, 2018USD ($)	Dec. 31, 2017USD ($)
Guarantor Obligations [Line Items]
Letters of credit outstanding			$ 86,400,000
Level 1
Guarantor Obligations [Line Items]
Aggregate market value of debt			$ 5,400,000,000	$ 5,300,000,000
Clear Channel International B.V. Senior Notes Due 2020
Guarantor Obligations [Line Items]
Stated interest rate			8.75%
Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023
Guarantor Obligations [Line Items]
Maximum borrowing capacity			$ 112,200,000
Letters of credit outstanding			60,700,000
Amount available under receivables based credit facility			51,500,000
Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023 | Line of Credit
Guarantor Obligations [Line Items]
Maximum borrowing capacity		$ 75,000,000
Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023 | Subsidiary | Line of Credit
Guarantor Obligations [Line Items]
Borrowing base as a percentage of eligible accounts receivable		85.00%
Maximum borrowing capacity	$ 125,000,000	$ 75,000,000	113,000,000
Letters of credit outstanding			86,400,000
Amount available under receivables based credit facility			$ 26,600,000
Incremental increase of facility	$ 50,000,000
Commitment fee percentage		0.375%
Letter of credit fee percentage		2.00%
Days prior to maximum amount outstanding before termination of agreement		90 days
Maximum outstanding borrowings before triggering of maturity		$ 250,000,000
Debt covenant, minimum borrowing capacity		$ 7,500,000
Debt covenant, percentage of aggregate commitments and borrowing base		10.00%
Minimum fixed charge coverage ratio		1
Federal funds rate | Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023 | Subsidiary | Line of Credit
Guarantor Obligations [Line Items]
Basis spread on variable rate (as a percent)		0.50%
Eurocurrency rate | Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023 | Subsidiary | Line of Credit
Guarantor Obligations [Line Items]
Basis spread on variable rate (as a percent)		1.00%
Applicable rate for borrowing under Credit Agreement			2.00%
Base rate | Revolving Credit Facility | CCO Receivables Based Credit Facility Due 2023 | Subsidiary | Line of Credit
Guarantor Obligations [Line Items]
Applicable rate for borrowing under Credit Agreement			1.00%

LONG-TERM DEBT - Surety Bonds,

LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Details) $ in Millions	Sep. 30, 2018USD ($)
Guarantor Obligations [Line Items]
Letters of credit outstanding	$ 86.4
Surety bonds
Guarantor Obligations [Line Items]
Guarantee obligations	53.4
Bank guarantees
Guarantor Obligations [Line Items]
Guarantee obligations	41
Bank guarantees backed by cash collateral
Guarantor Obligations [Line Items]
Guarantee obligations	20.5
iHeartCommunications, Inc. | Surety bonds
Guarantor Obligations [Line Items]
Guarantee obligations	0.1
iHeartCommunications, Inc. | Commercial standby letters of credit
Guarantor Obligations [Line Items]
Guarantee obligations	$ 1.2

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) $ in Millions	3 Months Ended
	Sep. 30, 2018USD ($)
Ministry of Economic Affairs and Finance, Italy
Income Tax Examination [Line Items]
Estimated loss from Italy investigation	$ 17

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended				9 Months Ended
	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Related Party Transaction [Line Items]
Asset recorded in Due from iHeartCommunications	$ 154,758,000	$ 1,031,700,000	$ 211,990,000		$ 154,758,000
Related party, interest incurred		$ 21,300,000
Fixed interest rate on Due from iHeartCommunications					9.30%
Net interest income	0			$ 0	$ 0	$ 0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	1,495,000		0		1,495,000
Component of corporate expenses	37,729,000			35,333,000	111,092,000	105,213,000
Component of selling, general and administrative expenses	128,797,000			128,539,000	381,494,000	370,597,000
iHeartCommunications
Related Party Transaction [Line Items]
Face amount of revolving promissory note	1,000,000,000				1,000,000,000
Loss on intercompany note			855,600,000
Allowance for loss on related party transaction			$ 855,600,000
Net interest income	0			17,100,000	0	47,300,000
iHeartCommunications | Corporate Services Agreement
Related Party Transaction [Line Items]
Component of corporate expenses	16,000,000			16,700,000	50,100,000	50,300,000
iHeartCommunications | Employee Matters Agreement
Related Party Transaction [Line Items]
Component of selling, general and administrative expenses	2,300,000			2,300,000	6,900,000	7,100,000
iHeartMedia, Inc.
Related Party Transaction [Line Items]
Revenue for advertisements	$ 1,400,000			$ 1,700,000	$ 5,800,000	$ 5,400,000
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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Current tax expense	$ (12,508)	$ (20,921)	$ (16,127)	$ (40,215)
Deferred tax benefit (expense)	5,612	4,574	(40,889)	27,315
Income tax expense	$ (6,896)	$ (16,347)	$ (57,016)	$ (12,900)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Income Tax Disclosure [Abstract]
Effective tax rate	(13.40%)	(39.20%)	(32.20%)	(16.30%)

STOCKHOLDERS' EQUITY (DEFICIT_2

STOCKHOLDERS' EQUITY (DEFICIT) - Schedule of Changes in Stockholders' Equity (Deficit) (Details) - USD ($) $ in Thousands	Oct. 05, 2018	Jan. 24, 2018	Feb. 23, 2017	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances						$ (1,858,294)	$ (947,312)
Net income (loss)				$ (58,396)	$ (58,049)	(234,177)	(91,951)
Dividends paid						(29,995)	(307,492)
Payments to noncontrolling interests						(6,148)	(12,027)
Share-based compensation						6,757	7,153
Disposal of noncontrolling interest							(2,438)
Foreign currency translation adjustments						(18,927)	42,353
Unrealized holding loss on marketable securities				0	(320)	0	(218)
Reclassification adjustments				1,425	6,207	1,425	4,563
Other, net						(653)	(2,188)
Ending Balances				(2,140,012)	(1,309,557)	(2,140,012)	(1,309,557)
Payments of special cash dividend			$ 282,500
The Company
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances						(2,015,334)	(1,091,486)
Net income (loss)						(243,893)	(102,497)
Dividends paid						(29,995)	(307,492)
Share-based compensation						6,286	6,529
Foreign currency translation adjustments						(11,083)	36,619
Unrealized holding loss on marketable securities							(218)
Reclassification adjustments						(1,425)	4,563
Other, net						(653)	(1,613)
Ending Balances				(2,293,247)	(1,455,595)	(2,293,247)	(1,455,595)
Noncontrolling Interests
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Beginning Balances						157,040	144,174
Net income (loss)						9,716	10,546
Payments to noncontrolling interests						(6,148)	(12,027)
Share-based compensation						471	624
Disposal of noncontrolling interest							(2,438)
Foreign currency translation adjustments						(7,844)	5,734
Other, net							(575)
Ending Balances				$ 153,235	$ 146,038	$ 153,235	$ 146,038
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%
Common Class A and Common Class B
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Payments of special cash dividend		$ 30,000
Common Class A and Common Class B | Subsequent Event
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax
Payments of special cash dividend	$ 25,000

STOCKHOLDERS' EQUITY (DEFICIT_3

STOCKHOLDERS' EQUITY (DEFICIT) - Computation of Loss per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
NUMERATOR:
Net loss attributable to the Company – common shares	$ (65,088)	$ (64,208)	$ (243,893)	$ (102,497)
DENOMINATOR:
Weighted average common shares outstanding - basic	361,815	361,302	361,680	361,064
Weighted average common shares outstanding - diluted	361,815	361,302	361,680	361,064
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
Diluted (in dollars per share)	$ (0.18)	$ (0.18)	$ (0.67)	$ (0.28)
Outstanding equity awards not included in computation of diluted earnings per share (in shares)	7,000	8,300	7,400	8,300

OTHER INFORMATION (Details)

OTHER INFORMATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Other Income and Expenses [Abstract]
Decrease in other comprehensive income (loss), pensions impact	$ 300,000		$ 0
Change in deferred income tax liabilities		$ 0		$ 0

SEGMENT DATA (Details)

SEGMENT DATA (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)	Sep. 30, 2017USD ($)	Sep. 30, 2018USD ($)segment	Sep. 30, 2017USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			2
Segment Reporting Information [Line Items]
Revenue	$ 663,739	$ 644,430	$ 1,974,117	$ 1,860,298
Direct operating expenses	361,681	357,946	1,095,906	1,039,175
Selling, general and administrative expenses	128,797	128,539	381,494	370,597
Corporate expenses	37,729	35,333	111,092	105,213
Depreciation and amortization	77,405	81,096	244,232	236,880
Impairment charges	7,772	1,591	7,772	1,591
Other operating income, net	825	(11,783)	1,700	28,657
Operating income	51,180	28,142	135,321	135,499
Capital expenditures	48,806	31,789	110,121	134,868
Share-based compensation expense	3,132	2,894	6,757	7,153
Americas
Segment Reporting Information [Line Items]
Revenue	303,421	293,807	859,190	854,344
International
Segment Reporting Information [Line Items]
Revenue	360,318	350,623	1,114,927	1,005,954
Operating segments | Americas
Segment Reporting Information [Line Items]
Revenue	303,421	293,807	859,190	854,344
Direct operating expenses	131,241	130,269	386,427	393,953
Selling, general and administrative expenses	49,247	49,007	146,021	148,824
Corporate expenses	0	0	0	0
Depreciation and amortization	39,783	44,457	127,410	130,127
Impairment charges	0	0	0	0
Other operating income, net	0	0	0	0
Operating income	83,150	70,074	199,332	181,440
Capital expenditures	25,826	4,397	50,214	46,394
Share-based compensation expense	0	0	0	0
Operating segments | International
Segment Reporting Information [Line Items]
Revenue	360,318	350,623	1,114,927	1,005,954
Direct operating expenses	230,440	227,677	709,479	645,222
Selling, general and administrative expenses	79,550	79,532	235,473	221,773
Corporate expenses	0	0	0	0
Depreciation and amortization	36,627	35,464	113,875	102,711
Impairment charges	0	0	0	0
Other operating income, net	0	0	0	0
Operating income	13,701	7,950	56,100	36,248
Capital expenditures	21,921	26,932	57,487	86,206
Share-based compensation expense	0	0	0	0
Corporate and other reconciling items
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Direct operating expenses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Corporate expenses	37,729	35,333	111,092	105,213
Depreciation and amortization	995	1,175	2,947	4,042
Impairment charges	7,772	1,591	7,772	1,591
Other operating income, net	825	(11,783)	1,700	28,657
Operating income	(45,671)	(49,882)	(120,111)	(82,189)
Capital expenditures	1,059	460	2,420	2,268
Share-based compensation expense	$ 3,132	$ 2,894	$ 6,757	$ 7,153

GUARANTOR SUBSIDIARIES - Schedu

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 191,117		$ 144,119
Accounts receivable, net of allowance	654,038		659,463	$ 632,963
Intercompany receivables	0		0
Prepaid expenses	125,592		111,876
Other current assets	32,725		58,714
Total Current Assets	1,003,472		974,172
Structures, net	1,038,835		1,180,882
Other property, plant and equipment, net	217,155		214,147
Indefinite-lived intangibles	971,163		977,152
Other intangibles, net	257,483		273,862
Goodwill	708,508		714,043		$ 696,263
Due from iHeartCommunications	154,758	$ 1,031,700	211,990
Intercompany notes receivable	0		0
Other assets	127,988		121,199
Total Assets	4,479,362		4,667,447
Accounts payable	99,304		87,960
Intercompany payable	0		0
Accrued expenses	533,413		509,801
Deferred income	85,732		59,178	90,756
Current portion of long-term debt	321		573
Total Current Liabilities	718,770		657,512
Long-term debt	5,274,490		5,266,153
Intercompany notes payable	0		0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	1,495		0
Deferred tax liability	360,429		318,107
Other long-term liabilities	264,190		283,969
Total stockholders' equity (deficit)	(2,140,012)		(1,858,294)	$ (1,309,557)	$ (947,312)
Total Liabilities and Stockholders' Equity (Deficit)	4,479,362		4,667,447
Eliminations
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0		0
Accounts receivable, net of allowance	0		0
Intercompany receivables	(3,657,788)		(3,798,016)
Prepaid expenses	0		0
Other current assets	0		0
Total Current Assets	(3,657,788)		(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	(5,319,621)		(5,298,478)
Other assets	(1,453,859)		(1,815,609)
Total Assets	(10,431,268)		(10,912,103)
Accounts payable	0		0
Intercompany payable	(3,657,788)		(3,798,016)
Accrued expenses	0		0
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	(3,657,788)		(3,798,016)
Long-term debt	0		0
Intercompany notes payable	(5,319,621)		(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)	(1,453,859)		(1,815,609)
Total Liabilities and Stockholders' Equity (Deficit)	(10,431,268)		(10,912,103)
Parent Company | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	1,600		2,212
Accounts receivable, net of allowance	0		0
Intercompany receivables	0		0
Prepaid expenses	659		291
Other current assets	0		25,441
Total Current Assets	2,259		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	211,707		431,671
Total Assets	550,750		853,631
Accounts payable	0		0
Intercompany payable	2,822,946		2,924,888
Accrued expenses	9,677		1,167
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	2,832,623		2,926,055
Long-term debt	0		0
Intercompany notes payable	0		0
Due to iHeartCommunications, post iHeart Chapter 11 Cases	1,495
Deferred tax liability	(26,967)		(93,111)
Other long-term liabilities	547		1,157
Total stockholders' equity (deficit)	(2,256,948)		(1,980,470)
Total Liabilities and Stockholders' Equity (Deficit)	550,750		853,631
Subsidiary Issuer | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0		0
Accounts receivable, net of allowance	0		0
Intercompany receivables	766,190		785,075
Prepaid expenses	1,211		3,433
Other current assets	0		0
Total Current Assets	767,401		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	5,116,629		5,087,742
Other assets	26,194		94,543
Total Assets	5,910,224		5,970,793
Accounts payable	0		0
Intercompany payable	0		0
Accrued expenses	(1,955)		(1,315)
Deferred income	0		0
Current portion of long-term debt	0		0
Total Current Liabilities	(1,955)		(1,315)
Long-term debt	4,900,229		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)	994,824		1,059,878
Total Liabilities and Stockholders' Equity (Deficit)	5,910,224		5,970,793
Guarantor Subsidiaries | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	13,979		22,841
Accounts receivable, net of allowance	190,526		192,493
Intercompany receivables	2,822,946		2,924,888
Prepaid expenses	59,971		50,028
Other current assets	1,653		2,552
Total Current Assets	3,089,075		3,192,802
Structures, net	606,604		675,443
Other property, plant and equipment, net	123,838		119,856
Indefinite-lived intangibles	971,163		977,152
Other intangibles, net	238,247		248,674
Goodwill	507,819		507,820
Due from iHeartCommunications	0		0
Intercompany notes receivable	4,691		12,437
Other assets	1,269,795		1,343,032
Total Assets	6,811,232		7,077,216
Accounts payable	30,342		7,592
Intercompany payable	834,842		873,128
Accrued expenses	85,325		91,325
Deferred income	37,488		25,278
Current portion of long-term debt	221		115
Total Current Liabilities	988,218		997,438
Long-term debt	3,714		1,820
Intercompany notes payable	5,039,419		5,046,119
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	435,665		466,827
Other long-term liabilities	141,421		140,272
Total stockholders' equity (deficit)	202,795		424,740
Total Liabilities and Stockholders' Equity (Deficit)	6,811,232		7,077,216
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	175,538		119,066
Accounts receivable, net of allowance	463,512		466,970
Intercompany receivables	68,652		88,053
Prepaid expenses	63,751		58,124
Other current assets	31,072		30,721
Total Current Assets	802,525		762,934
Structures, net	432,231		505,439
Other property, plant and equipment, net	93,317		94,291
Indefinite-lived intangibles	0		0
Other intangibles, net	19,236		25,188
Goodwill	200,689		206,223
Due from iHeartCommunications	0		0
Intercompany notes receivable	16,275		16,273
Other assets	74,151		67,562
Total Assets	1,638,424		1,677,910
Accounts payable	68,962		80,368
Intercompany payable	0		0
Accrued expenses	440,366		418,624
Deferred income	48,244		33,900
Current portion of long-term debt	100		458
Total Current Liabilities	557,672		533,350
Long-term debt	370,547		369,229
Intercompany notes payable	263,929		236,086
Due to iHeartCommunications, post iHeart Chapter 11 Cases	0
Deferred tax liability	(49,122)		(56,462)
Other long-term liabilities	122,222		142,540
Total stockholders' equity (deficit)	373,176		453,167
Total Liabilities and Stockholders' Equity (Deficit)	$ 1,638,424		$ 1,677,910

GUARANTOR SUBSIDIARIES - Sche_2

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Condensed Statement of Income Captions [Line Items]
Revenue	$ 663,739	$ 644,430	$ 1,974,117	$ 1,860,298
Operating expenses:
Direct operating expenses	361,681	357,946	1,095,906	1,039,175
Selling, general and administrative expenses	128,797	128,539	381,494	370,597
Corporate expenses	37,729	35,333	111,092	105,213
Depreciation and amortization	77,405	81,096	244,232	236,880
Impairment charges	7,772	1,591	7,772	1,591
Other operating income (expense), net	825	(11,783)	1,700	28,657
Operating income	51,180	28,142	135,321	135,499
Interest (income) expense, net	97,158	95,467	291,409	282,802
Interest income on Due from iHeartCommunications	363	17,087	573	47,277
Intercompany interest income	0	0	0	0
Intercompany interest expense	0	0	0	0
Equity in loss of nonconsolidated affiliates	202	(628)	384	(829)
Other expense, net	(6,087)	9,164	(22,030)	21,804
Income (loss) before income taxes	(51,500)	(41,702)	(177,161)	(79,051)
Income tax benefit (expense)	(6,896)	(16,347)	(57,016)	(12,900)
Consolidated net loss	(58,396)	(58,049)	(234,177)	(91,951)
Less amount attributable to noncontrolling interest	6,692	6,159	9,716	10,546
Net loss attributable to the Company	(65,088)	(64,208)	(243,893)	(102,497)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(7,089)	12,348	(18,927)	42,353
Unrealized holding gain on marketable securities	0	(320)	0	(218)
Reclassification adjustments	1,425	6,207	1,425	4,563
Equity in subsidiary comprehensive income	0	0	0	0
Comprehensive loss	(70,752)	(45,973)	(261,395)	(55,799)
Less amount attributable to noncontrolling interest	(5,161)	2,548	(7,844)	5,734
Comprehensive loss attributable to the Company	(65,591)	(48,521)	(253,551)	(61,533)
Eliminations
Condensed Statement of Income Captions [Line Items]
Revenue	0	0	0	0
Operating expenses:
Direct operating expenses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Corporate expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Impairment charges	0	0	0	0
Other operating income (expense), net	0	0	0	0
Operating income	0	0	0	0
Interest (income) expense, net	0	0	0	0
Interest income on Due from iHeartCommunications	0	0	0	0
Intercompany interest income	(99,742)	(106,516)	(299,389)	(315,831)
Intercompany interest expense	(99,742)	(106,516)	(299,389)	(315,831)
Equity in loss of nonconsolidated affiliates	111,117	113,809	342,780	176,240
Other expense, net	0	0	0	0
Income (loss) before income taxes	111,117	113,809	342,780	176,240
Income tax benefit (expense)	0	0	0	0
Consolidated net loss	111,117	113,809	342,780	176,240
Less amount attributable to noncontrolling interest	0	0	0	0
Net loss attributable to the Company	111,117	113,809	342,780	176,240
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0	0	0
Unrealized holding gain on marketable securities		0		0
Reclassification adjustments	0	0	0	0
Equity in subsidiary comprehensive income	1,782	(38,141)	22,164	(109,769)
Comprehensive loss	112,899	75,668	364,944	66,471
Less amount attributable to noncontrolling interest	0	0	0	0
Comprehensive loss attributable to the Company	112,899	75,668	364,944	66,471
Parent Company | Reportable Legal Entities
Condensed Statement of Income Captions [Line Items]
Revenue	0	0	0	0
Operating expenses:
Direct operating expenses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Corporate expenses	1,203	3,602	3,459	10,972
Depreciation and amortization	0	0	0	0
Impairment charges	0	0	0	0
Other operating income (expense), net	(178)	(102)	(273)	(308)
Operating income	(1,381)	(3,704)	(3,732)	(11,280)
Interest (income) expense, net	(5)	(20)	(15)	(412)
Interest income on Due from iHeartCommunications	363	17,087	573	47,277
Intercompany interest income	3,737	4,090	12,123	12,236
Intercompany interest expense	363	17,087	573	47,277
Equity in loss of nonconsolidated affiliates	(51,366)	(59,895)	(213,722)	(105,062)
Other expense, net	0	(7,517)	0	2,716
Income (loss) before income taxes	(49,005)	(67,006)	(205,316)	(100,978)
Income tax benefit (expense)	(16,083)	2,798	(38,577)	(1,519)
Consolidated net loss	(65,088)	(64,208)	(243,893)	(102,497)
Less amount attributable to noncontrolling interest	0	0	0	0
Net loss attributable to the Company	(65,088)	(64,208)	(243,893)	(102,497)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0	0	0
Unrealized holding gain on marketable securities		0		0
Reclassification adjustments	0	0	0	0
Equity in subsidiary comprehensive income	(503)	15,687	(9,658)	40,964
Comprehensive loss	(65,591)	(48,521)	(253,551)	(61,533)
Less amount attributable to noncontrolling interest	0	0	0	0
Comprehensive loss attributable to the Company	(65,591)	(48,521)	(253,551)	(61,533)
Subsidiary Issuer | Reportable Legal Entities
Condensed Statement of Income Captions [Line Items]
Revenue	0	0	0	0
Operating expenses:
Direct operating expenses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Corporate expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Impairment charges	0	0	0	0
Other operating income (expense), net	0	0	0	0
Operating income	0	0	0	0
Interest (income) expense, net	88,093	88,232	264,405	264,866
Interest income on Due from iHeartCommunications	0	0	0	0
Intercompany interest income	90,300	85,067	270,774	255,351
Intercompany interest expense	246	203	705	321
Equity in loss of nonconsolidated affiliates	(31,573)	(18,289)	(65,430)	(23,726)
Other expense, net	0	0	0	0
Income (loss) before income taxes	(29,612)	(21,657)	(59,766)	(33,562)
Income tax benefit (expense)	2,959	(1,711)	(2,369)	576
Consolidated net loss	(26,653)	(23,368)	(62,135)	(32,986)
Less amount attributable to noncontrolling interest	0	0	0	0
Net loss attributable to the Company	(26,653)	(23,368)	(62,135)	(32,986)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	0	0	0	0
Unrealized holding gain on marketable securities		0		0
Reclassification adjustments	0	0	0	0
Equity in subsidiary comprehensive income	(1,056)	7,479	(4,354)	28,647
Comprehensive loss	(27,709)	(15,889)	(66,489)	(4,339)
Less amount attributable to noncontrolling interest	0	0	0	0
Comprehensive loss attributable to the Company	(27,709)	(15,889)	(66,489)	(4,339)
Guarantor Subsidiaries | Reportable Legal Entities
Condensed Statement of Income Captions [Line Items]
Revenue	301,218	288,433	852,747	832,419
Operating expenses:
Direct operating expenses	129,683	126,536	381,908	378,078
Selling, general and administrative expenses	49,041	47,994	145,317	144,183
Corporate expenses	25,440	22,658	77,184	68,592
Depreciation and amortization	40,537	45,180	129,596	132,160
Impairment charges	7,772	0	7,772	0
Other operating income (expense), net	143	1,876	480	35,526
Operating income	48,888	47,941	111,450	144,932
Interest (income) expense, net	524	126	1,342	(545)
Interest income on Due from iHeartCommunications	0	0	0	0
Intercompany interest income	5,705	17,316	16,492	48,104
Intercompany interest expense	94,037	89,200	282,897	267,727
Equity in loss of nonconsolidated affiliates	(27,883)	(35,415)	(62,761)	(46,638)
Other expense, net	(50)	9,958	1,799	8,425
Income (loss) before income taxes	(67,901)	(49,526)	(217,259)	(112,359)
Income tax benefit (expense)	16,535	(10,369)	3,537	7,297
Consolidated net loss	(51,366)	(59,895)	(213,722)	(105,062)
Less amount attributable to noncontrolling interest	0	0	0	0
Net loss attributable to the Company	(51,366)	(59,895)	(213,722)	(105,062)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(280)	712	(1,506)	806
Unrealized holding gain on marketable securities		0		0
Reclassification adjustments	0	0	0	0
Equity in subsidiary comprehensive income	(223)	14,975	(8,152)	40,158
Comprehensive loss	(51,869)	(44,208)	(223,380)	(64,098)
Less amount attributable to noncontrolling interest	0	0	0	0
Comprehensive loss attributable to the Company	(51,869)	(44,208)	(223,380)	(64,098)
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Statement of Income Captions [Line Items]
Revenue	362,521	355,997	1,121,370	1,027,879
Operating expenses:
Direct operating expenses	231,998	231,410	713,998	661,097
Selling, general and administrative expenses	79,756	80,545	236,177	226,414
Corporate expenses	11,086	9,073	30,449	25,649
Depreciation and amortization	36,868	35,916	114,636	104,720
Impairment charges	0	1,591	0	1,591
Other operating income (expense), net	860	(13,557)	1,493	(6,561)
Operating income	3,673	(16,095)	27,603	1,847
Interest (income) expense, net	8,546	7,129	25,677	18,893
Interest income on Due from iHeartCommunications	0	0	0	0
Intercompany interest income	0	43	0	140
Intercompany interest expense	5,096	26	15,214	506
Equity in loss of nonconsolidated affiliates	(93)	(838)	(483)	(1,643)
Other expense, net	(6,037)	6,723	(23,829)	10,663
Income (loss) before income taxes	(16,099)	(17,322)	(37,600)	(8,392)
Income tax benefit (expense)	(10,307)	(7,065)	(19,607)	(19,254)
Consolidated net loss	(26,406)	(24,387)	(57,207)	(27,646)
Less amount attributable to noncontrolling interest	6,692	6,159	9,716	10,546
Net loss attributable to the Company	(33,098)	(30,546)	(66,923)	(38,192)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(6,809)	11,636	(17,421)	41,547
Unrealized holding gain on marketable securities		(320)		(218)
Reclassification adjustments	1,425	6,207	1,425	4,563
Equity in subsidiary comprehensive income	0	0	0	0
Comprehensive loss	(38,482)	(13,023)	(82,919)	7,700
Less amount attributable to noncontrolling interest	(5,161)	2,548	(7,844)	5,734
Comprehensive loss attributable to the Company	$ (33,321)	$ (15,571)	$ (75,075)	$ 1,966

GUARANTOR SUBSIDIARIES - Sche_3

GUARANTOR SUBSIDIARIES - Schedule Of Guarantor Obligations, Cash Flow (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Cash flows from operating activities:
Consolidated net loss	$ (58,396)	$ (58,049)	$ (234,177)	$ (91,951)
Reconciling items:
Impairment charges	7,772	1,591	7,772	1,591
Depreciation and amortization	77,405	81,096	244,232	236,880
Deferred taxes	(5,612)	(4,574)	40,889	(27,315)
Provision for doubtful accounts			5,108	6,328
Amortization of deferred financing charges and note discounts, net			8,000	7,996
Share-based compensation	3,132	2,894	6,757	7,153
(Gain) loss on sale of operating and fixed assets			(2,307)	(30,295)
Equity in loss of nonconsolidated affiliates	(202)	628	(384)	829
Foreign exchange transaction (gain) loss			21,379	(22,266)
Other reconciling items, net			(1,997)	(4,930)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			(15,293)	(17,826)
(Increase) decrease in prepaids and other current assets			(19,606)	(16,109)
Increase (decrease) in accrued expenses			11,711	(8,810)
Increase (decrease) in accounts payable			13,627	(4,023)
Increase (decrease) in accrued interest			10,032	6,031
Increase in deferred income			29,122	18,718
Changes in other operating assets and liabilities			(4,438)	11,106
Net cash provided by (used for) operating activities			120,427	73,107
Cash flows from investing activities:
Purchases of property, plant and equipment	(48,806)	(31,789)	(110,121)	(134,868)
Proceeds from disposal of assets			6,563	71,034
Purchases of other operating assets			(1,828)	(2,984)
Increase in intercompany notes receivable, net			0	0
Dividends from subsidiaries			0	0
Change in other, net			56	(1,058)
Net cash provided by (used for) investing activities			(105,330)	(67,876)
Cash flows from financing activities:
Payments on credit facilities			0	(909)
Proceeds from long-term debt			0	156,000
Payments on long-term debt			(482)	(604)
Net transfers from iHeartCommunications			58,726	(165,650)
Dividends and other payments to noncontrolling interests			(6,144)	(12,027)
Dividends paid			(30,660)	(282,658)
Increase (decrease) in intercompany notes payable, net			0	0
Intercompany funding			0	0
Change in other, net			(2,265)	(6,234)
Net cash provided by (used for) financing activities			19,175	(312,082)
Effect of exchange rate changes on cash			(7,951)	7,037
Net increase (decrease) in cash, cash equivalents and restricted cash			26,321	(299,814)
Cash, cash equivalents and restricted cash at beginning of period			188,310	552,691
Cash, cash equivalents and restricted cash at end of period	214,631	252,877	214,631	252,877
Eliminations
Cash flows from operating activities:
Consolidated net loss	111,117	113,809	342,780	176,240
Reconciling items:
Impairment charges	0	0	0	0
Depreciation and amortization	0	0	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) loss on sale of operating and fixed assets			0	0
Equity in loss of nonconsolidated affiliates	(111,117)	(113,809)	(342,780)	(176,240)
Foreign exchange transaction (gain) loss			0	0
Other reconciling items, net			0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			0	0
(Increase) decrease in prepaids and other current assets			0	0
Increase (decrease) in accrued expenses			0	0
Increase (decrease) in accounts payable			0	0
Increase (decrease) 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			28,887	50,291
Dividends from subsidiaries			(1,111)	(22,995)
Change in other, net			0	0
Net cash provided by (used for) investing activities			27,776	27,296
Cash flows from financing activities:
Payments on credit facilities				0
Proceeds from long-term debt				0
Payments on long-term debt			0	0
Net transfers from iHeartCommunications			0	0
Dividends and other payments to noncontrolling interests			0	0
Dividends paid			1,111	22,995
Increase (decrease) in intercompany notes payable, net			(28,887)	(50,291)
Intercompany funding			0	0
Change in other, net			0	0
Net cash provided by (used for) financing activities			(27,776)	(27,296)
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, cash equivalents and restricted cash at end of period	0	0	0	0
Parent Company | Reportable Legal Entities
Cash flows from operating activities:
Consolidated net loss	(65,088)	(64,208)	(243,893)	(102,497)
Reconciling items:
Impairment charges	0	0	0	0
Depreciation and amortization	0	0	0	0
Deferred taxes			66,144	0
Provision for doubtful accounts			0	0
Amortization of deferred financing charges and note discounts, net			0	0
Share-based compensation			0	0
(Gain) loss on sale of operating and fixed assets			0	0
Equity in loss of nonconsolidated affiliates	51,366	59,895	213,722	105,062
Foreign exchange transaction (gain) loss			0	0
Other reconciling items, net			0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			0	0
(Increase) decrease in prepaids and other current assets			(367)	1,045
Increase (decrease) in accrued expenses			8,621	(3,524)
Increase (decrease) in accounts payable			0	0
Increase (decrease) 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			42,246	86
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	0
Dividends from subsidiaries			0	0
Change in other, net			0	0
Net cash provided by (used for) investing activities			0	0
Cash flows from financing activities:
Payments on credit facilities				0
Proceeds from long-term debt				0
Payments on long-term debt			0	0
Net transfers from iHeartCommunications			58,726	(165,650)
Dividends and other payments to noncontrolling interests			0	0
Dividends paid			(30,660)	(282,658)
Increase (decrease) in intercompany notes payable, net			0	0
Intercompany funding			(95,656)	175,186
Change in other, net			(709)	(1,426)
Net cash provided by (used for) financing activities			(68,299)	(274,548)
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash, cash equivalents and restricted cash			(26,053)	(274,462)
Cash, cash equivalents and restricted cash at beginning of period			27,653	300,285
Cash, cash equivalents and restricted cash at end of period	1,600	25,823	1,600	25,823
Subsidiary Issuer
Cash flows from financing activities:
Proceeds from long-term debt				0
Subsidiary Issuer | Reportable Legal Entities
Cash flows from operating activities:
Consolidated net loss	(26,653)	(23,368)	(62,135)	(32,986)
Reconciling items:
Impairment charges	0	0	0	0
Depreciation and amortization	0	0	0	0
Deferred taxes			0	0
Provision for doubtful accounts			0	0
Amortization of deferred financing charges and note discounts, net			6,682	6,585
Share-based compensation			0	0
(Gain) loss on sale of operating and fixed assets			0	0
Equity in loss of nonconsolidated affiliates	31,573	18,289	65,430	23,726
Foreign exchange transaction (gain) loss			0	0
Other reconciling items, net			0	0
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			0	0
(Increase) decrease in prepaids and other current assets			2,222	0
Increase (decrease) in accrued expenses			(1,644)	(56,942)
Increase (decrease) in accounts payable			0	0
Increase (decrease) in accrued interest			1,004	0
Increase in deferred income			0	0
Changes in other operating assets and liabilities			0	0
Net cash provided by (used for) operating activities			11,559	(59,617)
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			(28,887)	29,962
Dividends from subsidiaries			0	0
Change in other, net			0	0
Net cash provided by (used for) investing activities			(28,887)	29,962
Cash flows from financing activities:
Payments on credit facilities				0
Payments on long-term debt			0	0
Net transfers from iHeartCommunications			0	0
Dividends and other payments to noncontrolling interests			0	0
Dividends paid			0	0
Increase (decrease) in intercompany notes payable, net			0	69,107
Intercompany funding			18,884	(39,452)
Change in other, net			(1,556)	0
Net cash provided by (used for) financing activities			17,328	29,655
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, cash equivalents and restricted cash at end of period	0	0	0	0
Guarantor Subsidiaries
Cash flows from financing activities:
Proceeds from long-term debt				0
Guarantor Subsidiaries | Reportable Legal Entities
Cash flows from operating activities:
Consolidated net loss	(51,366)	(59,895)	(213,722)	(105,062)
Reconciling items:
Impairment charges	7,772	0	7,772	0
Depreciation and amortization	40,537	45,180	129,596	132,160
Deferred taxes			(31,162)	(23,464)
Provision for doubtful accounts			2,710	1,508
Amortization of deferred financing charges and note discounts, net			0	0
Share-based compensation			3,838	4,859
(Gain) loss on sale of operating and fixed assets			(510)	(35,601)
Equity in loss of nonconsolidated affiliates	27,883	35,415	62,761	46,638
Foreign exchange transaction (gain) loss			(444)	5
Other reconciling items, net			(373)	(4,397)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			(744)	2,749
(Increase) decrease in prepaids and other current assets			(12,369)	(9,626)
Increase (decrease) in accrued expenses			(6,448)	60,128
Increase (decrease) in accounts payable			22,750	(1,086)
Increase (decrease) in accrued interest			424	(93)
Increase in deferred income			11,692	6,352
Changes in other operating assets and liabilities			5,117	477
Net cash provided by (used for) operating activities			(19,112)	75,547
Cash flows from investing activities:
Purchases of property, plant and equipment			(52,333)	(48,185)
Proceeds from disposal of assets			4,444	54,534
Purchases of other operating assets			(1,783)	(758)
Increase in intercompany notes receivable, net			0	(6,146)
Dividends from subsidiaries			1,111	22,995
Change in other, net			(2)	(4)
Net cash provided by (used for) investing activities			(48,563)	22,436
Cash flows from financing activities:
Payments on credit facilities				0
Payments on long-term debt			(136)	(73)
Net transfers from iHeartCommunications			0	0
Dividends and other payments to noncontrolling interests			0	0
Dividends paid			0	0
Increase (decrease) in intercompany notes payable, net			0	0
Intercompany funding			58,949	(145,622)
Change in other, net			0	0
Net cash provided by (used for) financing activities			58,813	(145,695)
Effect of exchange rate changes on cash			0	0
Net increase (decrease) in cash, cash equivalents and restricted cash			(8,862)	(47,712)
Cash, cash equivalents and restricted cash at beginning of period			22,841	61,542
Cash, cash equivalents and restricted cash at end of period	13,979	13,830	13,979	13,830
Non-Guarantor Subsidiaries | Reportable Legal Entities
Cash flows from operating activities:
Consolidated net loss	(26,406)	(24,387)	(57,207)	(27,646)
Reconciling items:
Impairment charges	0	1,591	0	1,591
Depreciation and amortization	36,868	35,916	114,636	104,720
Deferred taxes			5,907	(3,851)
Provision for doubtful accounts			2,398	4,820
Amortization of deferred financing charges and note discounts, net			1,318	1,411
Share-based compensation			2,919	2,294
(Gain) loss on sale of operating and fixed assets			(1,797)	5,306
Equity in loss of nonconsolidated affiliates	93	838	483	1,643
Foreign exchange transaction (gain) loss			21,823	(22,271)
Other reconciling items, net			(1,624)	(533)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Increase in accounts receivable			(14,549)	(20,575)
(Increase) decrease in prepaids and other current assets			(9,092)	(7,528)
Increase (decrease) in accrued expenses			11,182	(8,472)
Increase (decrease) in accounts payable			(9,123)	(2,937)
Increase (decrease) in accrued interest			8,604	6,124
Increase in deferred income			17,430	12,366
Changes in other operating assets and liabilities			(7,574)	10,629
Net cash provided by (used for) operating activities			85,734	57,091
Cash flows from investing activities:
Purchases of property, plant and equipment			(57,788)	(86,683)
Proceeds from disposal of assets			2,119	16,500
Purchases of other operating assets			(45)	(2,226)
Increase in intercompany notes receivable, net			0	(74,107)
Dividends from subsidiaries			0	0
Change in other, net			58	(1,054)
Net cash provided by (used for) investing activities			(55,656)	(147,570)
Cash flows from financing activities:
Payments on credit facilities				(909)
Proceeds from long-term debt				156,000
Payments on long-term debt			(346)	(531)
Net transfers from iHeartCommunications			0	0
Dividends and other payments to noncontrolling interests			(6,144)	(12,027)
Dividends paid			(1,111)	(22,995)
Increase (decrease) in intercompany notes payable, net			28,887	(18,816)
Intercompany funding			17,823	9,888
Change in other, net			0	(4,808)
Net cash provided by (used for) financing activities			39,109	105,802
Effect of exchange rate changes on cash			(7,951)	7,037
Net increase (decrease) in cash, cash equivalents and restricted cash			61,236	22,360
Cash, cash equivalents and restricted cash at beginning of period			137,816	190,864
Cash, cash equivalents and restricted cash at end of period	$ 199,052	$ 213,224	$ 199,052	$ 213,224