iHeartMedia (IHRT) 10-Q 5 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Nov. 03, 2015
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Entity Registrant Name	iHeartMedia, Inc.
Entity Central Index Key	1,400,891
Fiscal Year Focus	2,015
Fiscal Period Focus	Q3
Fiscal Year End	--12-31
Entity Well Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Trading Symbol	1,400,891
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock Shares Outstanding		30,063,915
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock Shares Outstanding		555,556
Common Class C [Member]
Document Information [Line Items]
Entity Common Stock Shares Outstanding		58,967,502

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 382,846	$ 457,024
Accounts receivable, net of allowance of $34,208 in 2015 and $32,396 in 2014	1,433,353	1,395,248
Prepaid expenses	217,310	191,572
Other current assets	132,094	136,299
Total Current Assets	2,165,603	2,180,143
PROPERTY, PLANT AND EQUIPMENT
Structures, net	1,491,781	1,614,199
Other property, plant and equipment, net	850,305	1,084,865
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles - licenses	2,413,483	2,411,071
Indefinite-lived intangibles - permits	1,043,727	1,066,748
Other intangibles, net	1,026,368	1,206,727
Goodwill	4,171,354	4,187,424
OTHER ASSETS
Other assets	296,608	289,065
Total Assets	13,459,229	14,040,242
CURRENT LIABILITIES
Accounts payable	117,020	132,258
Accrued expenses	738,278	799,475
Accrued interest	157,338	252,900
Deferred income	204,177	176,048
Other current liabilities	0	0
Current portion of long-term debt	2,464	3,604
Total Current Liabilities	1,219,277	1,364,285
Long-term debt	20,585,954	20,322,414
Deferred income taxes	1,558,923	1,563,888
Other long-term liabilities	$ 569,111	$ 454,863
Commitments and contingent liabilities
SHAREHOLDERS' DEFICIT
Noncontrolling interest	$ 199,643	$ 224,140
Additional Paid In Capital	2,068,257	2,102,789
Accumulated deficit	(12,343,739)	(11,682,390)
Accumulated other comprehensive loss	(396,423)	(308,590)
Cost of shares (322,402 in 2015 and 227,638 in 2014) held in treasury	(1,864)	(1,246)
Total Shareholders' Deficit	(10,474,036)	(9,665,208)
Total Liabilities and Shareholders' Deficit	13,459,229	14,040,242
Class A common stock [Member]
SHAREHOLDERS' DEFICIT
Common Stock	30	29
Class B common stock [Member]
SHAREHOLDERS' DEFICIT
Common Stock	1	1
Class C common stock [Member]
SHAREHOLDERS' DEFICIT
Common Stock	$ 59	$ 59

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Class of Stock [Line Items]
Allowances for receivables	$ 34,208	$ 32,396
Common Class A [Member]
Class of Stock [Line Items]
Common stock par value per share	$ 0.001	$ 0.001
Common stock shares authorized	400,000,000	400,000,000
Common stock shares issued	30,284,541	29,307,583
Common Class B [Member]
Class of Stock [Line Items]
Common stock par value per share	$ 0.001	$ 0.001
Common stock shares authorized	150,000,000	150,000,000
Common stock shares issued	555,556	555,556
Common Class C [Member]
Class of Stock [Line Items]
Common stock par value per share	$ 0.001	$ 0.001
Common stock shares authorized	100,000,000	100,000,000
Common stock shares issued	58,967,502	58,967,502
Treasury Stock [Member]
Class of Stock [Line Items]
Treasury stock shares	322,402	227,638

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Loss - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Revenue	$ 1,579,514	$ 1,630,034	$ 4,523,937	$ 4,602,736
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	627,842	648,409	1,821,626	1,890,967
Selling, general and administrative expenses (excludes depreciation and amortization)	428,967	427,259	1,269,318	1,260,823
Corporate expenses (excludes depreciation and amortization)	74,542	78,202	232,422	233,104
Depreciation and amortization	166,320	175,865	505,167	524,798
Impairment charges	21,631	35	21,631	4,937
Other operating income, net	6,914	47,172	98,694	45,709
Operating income	267,126	347,436	772,467	733,816
Interest expense	453,921	432,616	1,348,649	1,304,335
Loss on investments, net	(5,000)	0	(4,421)	0
Equity in earnings (loss) of nonconsolidated affiliates	(857)	3,955	(1,216)	(9,388)
Loss on extinguishment of debt	0	(4,840)	(2,201)	(56,259)
Other income (expense), net	(17,976)	2,617	18,126	16,315
Loss before income taxes	(210,628)	(83,448)	(565,894)	(619,851)
Income tax benefit (expense)	(2,841)	(24,376)	(81,523)	(92,142)
Consolidated net loss	(213,469)	(107,824)	(647,417)	(711,993)
Less amount attributable to noncontrolling interest	8,448	7,028	13,932	13,679
Net loss attributable to the Company	(221,917)	(114,852)	(661,349)	(725,672)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(22,102)	(63,063)	(101,983)	(77,512)
Unrealized gain (loss) on securities and derivatives:
Unrealized holding gain (loss) on marketable securities	(149)	(74)	540	605
Unrealized holding gain on cash flow derivatives			0	0
Other adjustments to comprehensive income (loss)	0	0	(1,154)	0
Reclassification adjustment for realized gain (loss) on securities included in net loss	0	0	0	3,309
Other comprehensive income (loss)	(22,251)	(63,137)	(102,597)	(73,598)
Comprehensive loss	(244,168)	(177,989)	(763,946)	(799,270)
Less amount attributable to noncontrolling interest	(8,540)	(9,744)	(19,180)	(14,686)
Comprehensive loss attributable to the Company	$ (235,628)	$ (168,245)	$ (744,766)	$ (784,584)
Net loss attributable to the Company per common share:
Basic	$ (2.63)	$ (1.37)	$ (7.85)	$ (8.65)
Weighted average common shares outstanding - Basic	84,350	83,991	84,236	83,903
Diluted	$ (2.63)	$ (1.37)	$ (7.85)	$ (8.65)
Weighted average common shares outstanding - Diluted	84,350	83,991	84,236	83,903

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Consolidated net loss	$ (647,417)	$ (711,993)
Reconciling items:
Impairment charges	21,631	4,937
Depreciation and amortization	505,167	524,798
Deferred taxes	15,685	44,866
Provision for doubtful accounts	20,721	12,149
Amortization of deferred financing charges and note discounts, net	47,401	74,106
Share-based compensation	7,918	8,064
Gain on disposal of operating and fixed assets	(108,090)	(45,709)
Loss on investments, net	4,421	0
Equity in (earnings) loss of nonconsolidated affiliates	1,216	9,388
Loss (gain) on extinguishment of debt	2,201	56,259
Other reconciling items, net	(18,716)	(16,291)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	(93,312)	1,511
Increase (decrease) in prepaids and other current assets	(51,685)	(24,849)
Decrease in accrued expenses	(43,652)	10,120
Increase (decrease) in accounts payable	(10,955)	1,419
Decrease in accrued interest	(62,149)	(7,890)
Increase in deferred income	36,579	41,247
Changes in other operating assets and liabilities	9,887	(10,592)
Net cash provided by operating activities	(363,149)	(28,460)
Cash flows from investing activities:
Proceeds from sale of other investments	579	236,644
Purchases of businesses	(2,887)	841
Purchases of property, plant and equipment	(192,492)	(195,008)
Proceeds from disposal of assets	405,284	10,367
Purchases of other operating assets	(6,358)	(3,279)
Purchases of other investments	(27,756)	(8,520)
Change in other, net	(2,419)	(4,444)
Net cash used for investing activities	173,951	36,601
Cash flows from financing activities:
Draws on credit facilities	310,000	65,820
Payments on credit facilities	(123,304)	(315,032)
Proceeds from long-term debt	950,000	2,062,475
Payments on long-term debt	(931,372)	(1,944,564)
Payments to repurchase noncontrolling interests	(42,798)	0
Dividends and other payments to noncontrolling interests	(28,088)	(32,581)
Deferred financing charges	(10,028)	(25,933)
Change in other, net	2,294	455
Net cash used for financing activities	126,704	(189,360)
Effect of exchange rate changes on cash	(11,684)	(4,576)
Net decrease in cash and cash equivalents	(74,178)	(185,795)
Cash and cash equivalents at beginning of period	457,024	708,151
Cash and cash equivalents at end of period	382,846	522,356
SUPPLEMENTAL DISCLOSURES:
Cash paid during the year for interest	1,364,055	1,214,129
Cash paid during the year for taxes	$ 37,299	$ 30,384

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Summary of Significant Accounting Policies	NOTE 1 – BASIS OF PRESENTATION Preparation o f Interim Financial Statements All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to iHeartMedia, Inc. and its consolida ted subsidiaries. The Company’s reportable segments are iHeartMedia (“ iHM ”), Americas outdoor advertising (“Americas outdoor” or “Americas outdoor advertising”) and International outdoor advertising (“International outdoor” or “International outdoor adver tising”). 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 re sults 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 SE C 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 ye ar. The financial statements contained herein should be read in conjunction with the Company’s consolidated financial statements and notes thereto included in the Company’s 2 014 Annual Report on Form 10-K. The consolidated financial statements include the accounts of the Company and its subsidiaries. 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 c ompany are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation proce ss. Certain prior-period amounts have been reclassified to conform to the 201 5 presentation. During the first quarter of 2015, in connection with the appointment of the new chief executive officer for Clear Channel Outdoor Holdings, Inc. (“CCOH”), an indirect non-wholly owned subsidiary of the Company, and a new chief executive officer for the Americas outdoor business, the Company reevaluated its segment reporting and determined that its Latin American operations should be managed by its Americas outd oor leadership team. As a result, the operations of Latin America are no longer reflected within the Company’s International outdoor segment and are included in the results of its Americas outdoor segment . In addition, the Company reorganized a portion o f its national representation business such that the cost of sales personnel for iHM radio stations are now included in the iHM segment and its national representation business no longer charges iHM for intercompany cost allocations. Accordingly, the Comp any has recast the corresponding segment disclosures for prior periods to include Latin America within the Americas outdoor segment and has also recast the corresponding segment disclosures to reflect internal representation services as direct expenses of iHM . The Company was formed in May 2007 by private equity funds sponsored by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the “Sponsors”) for the purpose of acquiring the business of iHeartCommunications , Inc. (“ iHeartCommunications ”) . New Accounting Pronouncements During the first quarter of 201 5 , the Company adopted the Financial Accounting Standards Board’s (“FASB”) ASU No. 201 4 -0 8 , Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity . This update provides guidance for the recognition, measurement and disclosure of discontinued operations. The update is effective for annual periods beginning on or after 15 December 2014 and interim periods within those years. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the first quarter of 201 5 , the FASB issued ASU No. 201 5 - 02 , Consolida tion (Topic 810), Amendments to the Consolidation Analysis . This new standard eliminates the deferral of FAS 167, which has allowed entities with interest in certain investment funds to follow the previous consolidation guidance in FIN 46(R) and makes othe r changes to both the variable interest model and the voting model . The standard is effective for annual periods , and for interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During the second quarter of 201 5 , the FASB issued ASU No. 201 5 - 03 , Interest-Imputation of Interest (Subtopic 835- 30): Simplifying the Presentation of Debt Issuance Costs . This update requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that direct debt liability. The standard is eff ective for annual periods , and for interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During the third quarter of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date . This update provides a one-year deferral of the effective date for ASU No. 2014-09, Revenue from Contracts with Customers . ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP. The standard is effective for the first interim period within annual reporting periods beginning after December 15, 201 7 . The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During th e third quarter of 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments . This update eliminates the requirement for an acquirer in a business combination to account for meas urement-period adjustments retrospectively. Instead, acquirers must recognize measurement-period adjustments during the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The standard is effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations.

Property, Plant and Equipment,

Property, Plant and Equipment, Intangible Assets and Goodwill	9 Months Ended
	Sep. 30, 2015
Property, Plant and Equipment, Intangible Assets and Goodwill	NOTE 2 – Property, plant and equipment, INTANGIBLE ASSETS AND GOODWILL Dispositions During the first quarter of 2015 , the Company sold two office building s located in San Antonio, T exas for $3 4 .3 million. Concurrently with the sale of these properties, the Company entered into lease agreements for the continued use of the buildings, pursuant to which the Company will have annual lease payments of $2.6 million. The Company recognized a gain of $8 .1 million on the sale of one of the buildings , which is being recognized over the term of the lease. On December 11, 2014, the Company announced that its subsidiary had entered into an agreement with Vertical Bridge Holdings, LLC (“Vertical Bridge”) for the sale of up to 411 of our broadcast communications tower sites. On April 3, 2015, the Company ’s affiliate and certain of the Company’s subsidiaries completed the first closing for the sale of 367 of the Company’s broadcast communica tions tower sites and related assets for $369.2 million. Simultaneous with the sale , the Company entered into lease agreements for the continued use of 360 of the towers sold. Upon completion of the transaction, the Company realized a net gain of $207.2 m illion, of which $108.1 million will be deferred and recognized over the lease term. On July 16 , 2015, the Company and certain of the Company’s subsidiaries completed the second closing for the sale of an additional nine of the Company’s broadcast communicatio n tower sites and related assets for approximately $ 5.9 million. Simultaneous with the sale, the Company entered into lease agreements for the continued use of seven of the towers sold. Upon completion of the second closing, the Company realized a net gai n of $4.4 million, of which $1.7 million will be deferred and recognized over the lease term. The Company incurred $5.2 million and $ 10.2 million in operating lease expense in relation to these agreements in the three and nine months ended September 30, 2015 , respectively. The leases entered into as a part of these transactions are for a term of fifteen years and include three optional five-year renewal periods . Property, Plant and Equipment The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2015 and December 31, 2014, respectively: (In thousands) September 30, December 31, 2015 2014 Land, buildings and improvements $ 623,946 $ 731,925 Structures 2,974,643 2,999,582 Towers, transmitters and studio equipment 345,002 453,044 Furniture and other equipment 579,147 536,255 Construction in progress 71,330 95,671 4,594,068 4,816,477 Less: accumulated depreciation 2,251,982 2,117,413 Other property, plant and equipment, net $ 2,342,086 $ 2,699,064 Indefinite-lived Intangible Assets The Company’s indefinite-lived intangible assets consist of Federal Communications Commission (“FCC”) broadcast licenses in its iHM segment and billboard permits in its Americas outdoor advertising segment. Due to significant differences in both business practices and regulations, billboards in the International outdoor advertising segment and in Latin America are subject to long-term , finite contracts, unlike the Company’s permits in the United States and Canada. Accordingly, there are no indefinite-lived intangible assets in the International outdoor advertising segment. Annual Impairment Test to FCC Licenses and Billboard Permits H istorically, the Company performed its annual impairment test on indefinite-lived intangible assets as of October 1 of each year. Beginning in the third quarter of 2015, the Company began performing its annual impairment test on July 1 of each year. T he 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 asse t 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 Corpora te Valuation Consulting LLC (formerly a Mesirow Financial Consulting Practice), 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. T he application of the direct valuation method attempts to isolate the income that is properly attributable to the indefinite-lived intangible asset alone (that is, apart from tangible and identified intangible assets and goodwill). It is based upon modeli ng 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, a nd 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 licenses 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 d evelops 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 FCC license or billboard permit within a market. The Company recognize d an impairment charge related to its indefinite-lived intangible assets of $21.6 million during the three and nine months ended September 30, 2015 . Other Intangible Assets Other intangible assets include definite-lived intangible assets and permanent easements. The Company’s definite-lived intangible assets include primarily transit and street furniture contracts, talent and representation contracts, customer and advertiser relationships, and site-leases, all of which are amortized over 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 f lows. 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 int angible 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, 2015 and December 31, 2014, respectively: (In thousands) September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 663,303 $ (465,834) $ 716,723 $ (476,523) Customer / advertiser relationships 1,222,519 (861,346) 1,222,518 (765,596) Talent contracts 319,384 (245,378) 319,384 (223,936) Representation contracts 242,413 (218,940) 238,313 (206,338) Permanent easements 171,825 - 171,271 - Other 388,542 (190,120) 388,160 (177,249) Total $ 3,007,986 $ (1,981,618) $ 3,056,369 $ (1,849,642) Total amortization expense related to definite-lived intangible assets for the three months ended September 30, 2015 and 2014 was $57.3 million and $65.7 million, respectively. Total amortization expense related to definite-lived intangible assets for the nine months ended September 30, 2015 and 2014 was $180.9 million and $198.9 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) 2016 $ 221,016 2017 197,193 2018 131,081 2019 43,455 2020 36,317 Annual Impairment Test to Goodwill Historically, the Company performed its annual impairment test on goodwill as of October 1 of each year. Beginning in the third quarter of 2015, the Company began performing its annual impairment test on July 1 of each year. Each of the Company’s U.S. radio markets and outdoor advertising markets are components. The U.S. radio markets are aggregated into a single reporting unit and the U.S. outdoor 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 outdoor segment and International outdoor segment constitutes a separate reporting unit. Th e 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 amoun t 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 fl ows 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 go odwill 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 inheren t uncertainties related to these factors and management’s judgment in applying these factors. The Company concluded no goodwill impairment charge was required for the three and nine months ended September 30, 2015 and the three and nine months ended Sept ember 30, 2014 . The following table presents the changes in the carrying amount of goodwill in each of the Company’s reportable segments: (In thousands) iHM Americas Outdoor Advertising International Outdoor Advertising Other Consolidated Balance as of December 31, 2013 $ 3,270,521 $ 585,227 $ 264,907 $ 81,532 $ 4,202,187 Acquisitions 17,900 - - 299 18,199 Foreign currency - (653) (32,369) - (33,022) Other 60 - - - 60 Balance as of December 31, 2014 $ 3,288,481 $ 584,574 $ 232,538 $ 81,831 $ 4,187,424 Acquisitions - - - - - Foreign currency - (636) (15,434) - (16,070) Other - - - - - Balance as of September 30, 2015 $ 3,288,481 $ 583,938 $ 217,104 $ 81,831 $ 4,171,354

Long-Term Debt

Long-Term Debt	9 Months Ended
	Sep. 30, 2015
Long-Term Debt	NOTE 3 – LONG-TERM DEBT Long-term debt outstanding as of September 30, 2015 and December 31, 2014 consisted of the following: (In thousands) September 30, December 31, 2015 2014 Senior Secured Credit Facilities (1) $6,300,000 $7,231,222 Receivables Based Credit Facility Due 2017 (2) 190,000 - 9.0% Priority Guarantee Notes Due 2019 1,999,815 1,999,815 9.0% Priority Guarantee Notes Due 2021 1,750,000 1,750,000 11.25% Priority Guarantee Notes Due 2021 575,000 575,000 9.0% Priority Guarantee Notes Due 2022 1,000,000 1,000,000 10.625% Priority Guarantee Notes Due 2023 950,000 - Subsidiary Revolving Credit Facility Due 2018 (3) - - Other Secured Subsidiary Debt (4) 16,377 19,257 Total Consolidated Secured Debt 12,781,192 12,575,294 14.0% Senior Notes Due 2021 (5) 1,695,097 1,661,697 iHeartCommunications Legacy Notes (6) 667,900 667,900 10.0% Senior Notes Due 2018 730,000 730,000 Subsidiary Senior Notes due 2022 2,725,000 2,725,000 Subsidiary Senior Subordinated Notes due 2020 2,200,000 2,200,000 Other Subsidiary Debt 178 1,024 Purchase accounting adjustments and original issue discount (210,949) (234,897) Total debt 20,588,418 20,326,018 Less: current portion 2,464 3,604 Total long-term debt $ 20,585,954 $ 20,322,414 (1) Term Loan D and Term Loan E mature in 2019. (2) The Receivables Based Credit Facility provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications’ material financing agreements. (3) The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment). (4) Other secured subsidiary debt matures at various dates from 2015 through 2045. (5) The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. (6) iHeartCommunications’ Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2016, 2018 and 2027. The Company’s we ighted average interest rates as of September 30, 2015 and December 31, 2014 were 8.4 % and 8.1 %, respectively. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $17.2 billion and $19.7 billion as of September 30, 2015 and December 31, 2014 , respectively. Under the fair value hierarchy established by ASC 820-10-35, the market value of the Company’s debt is classified as either Level 1 or Level 2. Debt Issuance During the third quarter of 2015, iHeartCommun ications borrowed $190.0 million aggregate principal amount under its receivables based credit facility due 2017 and used the borrowings for general corporate purposes. On February 26, 2015, iHeartCommunications issued at par $950.0 million aggregate principal amou nt of 10.625% Priority Guarantee Notes due 2023. The notes mature on March 15, 2023 and bear interest at a rate of 10.625% per annum, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2015. iHeartCommu nications used the net proceeds from the offering primarily to prepay its term loan facilities due 2016. Debt Repayments, Maturities and Other On February 26, 2015, iHeartCommunications prepaid at par $916.1 million of loans outstanding under its Term Loan B facility and $15.2 million of loans outstanding under its Term Loan C asset sale facility, using the net proceeds of the Priority Guarantee Notes due 2023 issued on such date. Surety Bonds, Letters of Credit and G uarantees As of September 30, 2015 , iHeartCommunications had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $63.4 million , $106.1 million and $58.7 million , respectively . Bank guarantees of $1 2.4 million were cash secured. These surety bonds, letters of credit and bank guarantees relate to various operational matters including insurance, bid, concession and performance bonds as well as other items.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments and Contingencies	NOTE 4 – 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 the Company’s 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. Alth ough 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; defamation matters; employment and benefits related claims ; governmental fines; intellectual property claims; and tax disputes. Los Angeles Litigation In 2008, Summit Media, LLC, one of the Company’s competitors, sued the City of Los Angeles (the “City”), Clear Channel Outdoor, Inc. (“CCOI”) and OUTFRONT Media Inc. (form erly CBS Outdoor Americas Inc.) in Los Angeles Superior Court (Case No. BS116611) challenging the validity of a settlement agreement that had been entered into in November 2006 among the parties and pursuant to which CCOI had taken d own existing billboards and converted 83 existing signs from static displays to digital displays. In 2009 , the Los Angeles Superior Court ruled that the settlement agreement constituted an ultra vires act of the City, and nullified its existence. After f urther proceedings, on April 12, 2013 , the Los Angeles Superior Court invalidated 82 digital modernization permits issued to CCOI (77 of which displays were operating at the time of the ruling) and CCOI was req uired to turn off the electrical power to all affected digital displays on April 15, 2013. The digital display structures remain intact but digital displays are currently prohibited in the City. CCOI is seeking permits under the ex isting City sign code to either wrap the LED faces with vinyl or convert the LED faces to traditional static signs and has obtained a number of such permits. CCOI is also pursuing a new ordinance to permit digital signage in the Cit y . International Outdoor Investigation On April 21, 2015, inspections were conducted at the premises of Clear Channel in Denmark and Sweden as part of an investigation by Danish competition authorities. Additionally, on the same day , Clear Channel UK received a communication from the UK competition authorities, also in connection with the investigation by Danish competition authorities. Clear Channel and its affiliates are cooperating with the national competition authorities.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2015
Income Taxes	NOTE 5 – INCOME TAXES Income Tax Expense The Company’s income tax expense for the three and nine months ended September 30, 2015 and 2014, respectively, consisted of the following components: (In thousands) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Current tax expense $ (2,144) $ (11,689) $ (65,838) $ (47,276) Deferred tax expense (697) (12,687) (15,685) (44,866) Income tax expense $ (2,841) $ (24,376) $ (81,523) $ (92,142) The effective tax rates for the three and nine months ended September 30, 2015 were ( 1.3 )% and ( 1 4.4 )%, respectively . The effective tax rates for the three and nine months ended September 30, 2014 were (29.2) % and (14.9) %, respectively. The effective tax rates for the three and nine months ended September 30, 2015 and 2014 were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from ap plicable period net operating losses in U.S. federal, state and certain foreign jurisdictions due to the uncertainty of the ability to utilize those assets in future periods .

Shareholders' Deficit

Shareholders' Deficit	9 Months Ended
	Sep. 30, 2015
Member's Interest	NOTE 6 – SHAREHOLDERS’ 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 shareholders’ 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, 2015 $ (9,889,348) $ 224,140 $ (9,665,208) Net income (loss) (661,349) 13,932 (647,417) Dividends and other payments to noncontrolling interests - (28,088) (28,088) Purchase of additional noncontrolling interests (40,820) (1,978) (42,798) Share-based compensation 1,873 6,045 7,918 Foreign currency translation adjustments (82,865) (19,118) (101,983) Unrealized holding gain on marketable securities 484 56 540 Other adjustments to comprehensive loss (1,036) (118) (1,154) Other, net (618) 4,772 4,154 Balances as of September 30, 2015 $ (10,673,679) $ 199,643 $ (10,474,036) (In thousands) The Company Noncontrolling Interests Consolidated Balances as of January 1, 2014 $ (8,942,166) $ 245,531 $ (8,696,635) Net income (loss) (725,672) 13,679 (711,993) Dividends and other payments to noncontrolling interests - (32,581) (32,581) Share-based compensation 2,352 5,712 8,064 Foreign currency translation adjustments (62,754) (14,758) (77,512) Unrealized holding gain on marketable securities 533 72 605 Reclassifications 3,309 - 3,309 Other, net (864) 1,396 532 Balances as of September 30, 2014 $ (9,725,262) $ 219,051 $ (9,506,211) The Company and CCOH have granted restricted stock, restricted stock units and options to purchase shares of their Class A common stock to certain key individuals. Stock Registration On June 24, 2015, we registered 4,000,000 shares of the Company’s Class A common stock, par value $ 0.001 per share , for offer or sale under our 2015 Executive Long-Term Incentive Plan. On July 27, 2015, the board of directors approved the issuance of 1,253,831 restricted shares to certain key individuals pursuant to our 2015 Executive Long-term Incentive Plan.

Other Information

Other Information	9 Months Ended
	Sep. 30, 2015
Other Information	NOTE 7 — OTHER INFORMATION Other Comprehensive Income (Loss) There was no change in deferred income tax liabilities related to components of other comprehensive income (loss) f or the quarters ended September 30, 2015 and 2014 . The total (decrease) increase in deferred income tax liabilities related to components of other comprehensive income (loss) for the nine months ended September 30, 2015 and 2014 were $(0.6) mi llion and $8.2 million , respectively. Barter and Trade Barter and trade revenues and expenses from continuing operations are included in consolidated revenue and selling, general and administrative expenses, respectively. Barter and trade revenues were $ 31.0 million and $ 19.9 million for the three months ended September 30, 2015 and 2014 , respectively, and $ 87.6 million and $ 54.2 million for the nine months ended September 30, 2015 and 2014 , respectively. Barter and trade expenses were $ 31.0 million and $ 22.7 million for the three months ended September 30, 2015 and 2014 , respectively, and $ 84.1 million and $ 55.1 million for the nine months ended September 30, 2015 and 2014 , respectively .

Segment Data

Segment Data	9 Months Ended
	Sep. 30, 2015
Segment Data	NOTE 8 – SEGMENT DATA The Company’s reportable segments, which it believes best reflect how the Company is currently managed, are iHM , Americas outdoor advertising and International outdoor advertising. Revenue and expenses earned and charged between segments are recorded at estimated fair value and eliminated in consolidation. The iHM segment provides media and entertainment services via broad cast and digital delivery and also includes the Company’s events and national syndication business es . The Americas outdoor advertising segment consists of operations pri marily in the United States, Canada and Latin America . The International outdoor adv ertising segment primarily incl udes operations in Europe, Asia and Australia . The Other category includes the Com pany’s media representation business as well as other general support services and init i atives that are ancillary to the Company’s other busi nesses. Corporate includes infrastructure and support, including information technology, human resources, legal, finance and administrative functions for each of the Company’s reportable segments, as well as overall executive, administrative and support f unctions. Share-based payments are recorded in corporate expense. During the first quarter of 2015, the Company revised its segment reporting, as discussed in Note 1. The following table presents the Company’s reportable segment results for the three and nine months ended September 30, 2015 and 2014: (In thousands) iHM Americas Outdoor Advertising International Outdoor Advertising Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended September 30, 2015 Revenue $ 846,865 $ 347,336 $ 348,941 $ 39,358 $ - $ (2,986) $ 1,579,514 Direct operating expenses 253,848 149,072 223,644 3,174 - (1,896) 627,842 Selling, general and administrative expenses 272,349 59,539 73,020 25,149 - (1,090) 428,967 Depreciation and amortization 59,408 50,121 41,564 5,896 9,331 - 166,320 Impairment charges - - - - 21,631 - 21,631 Corporate expenses - - - - 74,542 - 74,542 Other operating income, net - - - - 6,914 - 6,914 Operating income (loss) $ 261,260 $ 88,604 $ 10,713 $ 5,139 $ (98,590) $ - $ 267,126 Intersegment revenues $ - $ 347 $ - $ 2,639 $ - $ - $ 2,986 Capital expenditures $ 13,533 $ 18,557 $ 28,665 $ 1,444 $ 5,416 $ - $ 67,615 Share-based compensation expense $ - $ - $ - $ - $ 2,991 $ - $ 2,991 Three Months Ended September 30, 2014 Revenue $ 830,509 $ 350,464 $ 392,330 $ 61,096 $ - $ (4,365) $ 1,630,034 Direct operating expenses 244,945 151,550 249,284 5,103 - (2,473) 648,409 Selling, general and administrative expenses 259,283 60,994 78,619 30,245 - (1,882) 427,259 Depreciation and amortization 59,359 51,303 47,775 8,389 9,039 - 175,865 Impairment charges - - - - 35 - 35 Corporate expenses - - - - 78,212 (10) 78,202 Other operating income, net - - - - 47,172 - 47,172 Operating income (loss) $ 266,922 $ 86,617 $ 16,652 $ 17,359 $ (40,114) $ - $ 347,436 Intersegment revenues $ 10 $ 721 $ - $ 3,634 $ - $ - $ 4,365 Capital expenditures $ 9,336 $ 22,392 $ 19,448 $ 1,235 $ 1,176 $ - $ 53,587 Share-based compensation expense $ - $ - $ - $ - $ 2,246 $ - $ 2,246 (In thousands) iHM Americas Outdoor Advertising International Outdoor Advertising Other Corporate and other reconciling items Eliminations Consolidated Nine Months Ended September 30, 2015 Revenue $ 2,385,367 $ 984,485 $ 1,049,654 $ 114,860 $ - $ (10,429) $ 4,523,937 Direct operating expenses 709,503 445,018 663,011 9,611 - (5,517) 1,821,626 Selling, general and administrative expenses 800,221 172,522 219,689 81,798 - (4,912) 1,269,318 Depreciation and amortization 179,721 151,574 124,961 21,173 27,738 - 505,167 Impairment charges - - - - 21,631 - 21,631 Corporate expenses - - - - 232,422 - 232,422 Other operating income, net - - - - 98,694 - 98,694 Operating income (loss) $ 695,922 $ 215,371 $ 41,993 $ 2,278 $ (183,097) $ - $ 772,467 Intersegment revenues $ - $ 2,510 $ - $ 7,919 $ - $ - $ 10,429 Capital expenditures $ 40,860 $ 50,916 $ 85,522 $ 4,592 $ 10,602 $ - $ 192,492 Share-based compensation expense $ - $ - $ - $ - $ 7,918 $ - $ 7,918 Nine Months Ended September 30, 2014 Revenue $ 2,307,193 $ 985,420 $ 1,173,830 $ 149,818 $ - $ (13,525) $ 4,602,736 Direct operating expenses 683,950 448,789 746,702 17,839 - (6,313) 1,890,967 Selling, general and administrative expenses 763,308 175,811 237,023 91,883 - (7,202) 1,260,823 Depreciation and amortization 178,914 150,862 143,995 25,763 25,264 - 524,798 Impairment charges - - - - 4,937 - 4,937 Corporate expenses - - - - 233,114 (10) 233,104 Other operating income, net - - - - 45,709 - 45,709 Operating income (loss) $ 681,021 $ 209,958 $ 46,110 $ 14,333 $ (217,606) $ - $ 733,816 Intersegment revenues $ 10 $ 2,791 $ - $ 10,724 $ - $ - $ 13,525 Capital expenditures $ 30,020 $ 60,519 $ 72,086 $ 4,121 $ 28,262 $ - $ 195,008 Share-based compensation expense $ - $ - $ - $ - $ 8,064 $ - $ 8,064

Certain Relationships and Relat

Certain Relationships and Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Certain Relationships and Related Party Transactions	NOTE 9 – CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS The Company is a party to a management agreement with certain affiliates of the Sponsors and certain other parties pursuant to which such affiliates of the Sponsors will provide management and financial advisory services until 2018. These agreements require management fees to be paid to such affiliates of the Sponsors for such services at a rate not greater than $15.0 million per year, plus reimbursable expenses. For the three months ended September 30, 2015 and 2014 , the Company recognized management fees and reimbursable expenses of $ 3.9 million and $ 3.7 million, respectively. For the nine months ended September 30, 2015 and 2014 , the Company recognized management fees and reimbursable expenses of $ 11.7 million and $ 11.3 million, respectively. Stock Purchases On August 9, 2010, iHeartCommunications announced that its board of directors approved a stock purchase program under which iHeartCommunications or its subsidiaries may purchase up to an aggregate of $ 100.0 million of the Class A common stock of the Company and/or the Class A common stock of CCOH. The stock purchase program did not have a fixed expiration date and could be modified, suspended or terminated at any time at iHeartCommunications’ discretion. As o f December 31, 2014, an aggregate $34.2 million was available under this program. In January 2015, CC Finco , LLC (“CC Finco ”), an indirect wholly-owned subsidiary of iHeartCommunications , purchased 2,000,000 shares of CCOH’s Class A common stock for $20.4 million. On April 2, 2015, CC Finco purchased an additional 2,172,946 shares of CCOH’s Class A common stock for $22.2 million , increasing iHeartCommunications’ collective holdings to represent slightly more than 90 % of the outstanding shares of CCOH’s common s tock on a fully-diluted basis, assuming the conversion of all of CCOH’s Class B common stock into Class A common stock. As a result of this purchase, the stock purchase program concluded. The purchase of shares in excess of the amount available under the s tock purchase program was separately approved by the board of directors.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Nature of Business	All references in this Quarterly Report on Form 10-Q to the “Company,” “we,” “us” and “our” refer to iHeartMedia, Inc. and its consolida ted subsidiaries. The Company’s reportable segments are iHeartMedia (“ iHM ”), Americas outdoor advertising (“Americas outdoor” or “Americas outdoor advertising”) and International outdoor advertising (“International outdoor” or “International outdoor adver tising”).
Principles of Consolidation	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 re sults 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 SE C 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 ye ar. The financial statements contained herein should be read in conjunction with the Company’s consolidated financial statements and notes thereto included in the Company’s 2 014 Annual Report on Form 10-K. The consolidated financial statements include the accounts of the Company and its subsidiaries. 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 c ompany are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation proce ss. Certain prior-period amounts have been reclassified to conform to the 201 5 presentation.
New Accounting Pronouncements	New Accounting Pronouncements During the first quarter of 201 5 , the Company adopted the Financial Accounting Standards Board’s (“FASB”) ASU No. 201 4 -0 8 , Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360), Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity . This update provides guidance for the recognition, measurement and disclosure of discontinued operations. The update is effective for annual periods beginning on or after 15 December 2014 and interim periods within those years. The adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the first quarter of 201 5 , the FASB issued ASU No. 201 5 - 02 , Consolida tion (Topic 810), Amendments to the Consolidation Analysis . This new standard eliminates the deferral of FAS 167, which has allowed entities with interest in certain investment funds to follow the previous consolidation guidance in FIN 46(R) and makes othe r changes to both the variable interest model and the voting model . The standard is effective for annual periods , and for interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During the second quarter of 201 5 , the FASB issued ASU No. 201 5 - 03 , Interest-Imputation of Interest (Subtopic 835- 30): Simplifying the Presentation of Debt Issuance Costs . This update requires entities to present debt issuance costs related to a recognized debt liability as a direct deduction from the carrying amount of that direct debt liability. The standard is eff ective for annual periods , and for interim periods within those annual periods, beginning after December 15, 2015. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During the third quarter of 2015, the FASB issued ASU 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date . This update provides a one-year deferral of the effective date for ASU No. 2014-09, Revenue from Contracts with Customers . ASU No. 2014-09 provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP. The standard is effective for the first interim period within annual reporting periods beginning after December 15, 201 7 . The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations. During th e third quarter of 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments . This update eliminates the requirement for an acquirer in a business combination to account for meas urement-period adjustments retrospectively. Instead, acquirers must recognize measurement-period adjustments during the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The standard is effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations.
Segment Reporting, Policy	During the first quarter of 2015, in connection with the appointment of the new chief executive officer for Clear Channel Outdoor Holdings, Inc. (“CCOH”), an indirect non-wholly owned subsidiary of the Company, and a new chief executive officer for the Americas outdoor business, the Company reevaluated its segment reporting and determined that its Latin American operations should be managed by its Americas outd oor leadership team. As a result, the operations of Latin America are no longer reflected within the Company’s International outdoor segment and are included in the results of its Americas outdoor segment . In addition, the Company reorganized a portion o f its national representation business such that the cost of sales personnel for iHM radio stations are now included in the iHM segment and its national representation business no longer charges iHM for intercompany cost allocations. Accordingly, the Comp any has recast the corresponding segment disclosures for prior periods to include Latin America within the Americas outdoor segment and has also recast the corresponding segment disclosures to reflect internal representation services as direct expenses of iHM .

Property, Plant and Equipment16

Property, Plant and Equipment, Intangible Assets and Goodwill (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Property, Plant and Equipment	Property, Plant and Equipment The Company’s property, plant and equipment consisted of the following classes of assets as of September 30, 2015 and December 31, 2014, respectively: (In thousands) September 30, December 31, 2015 2014 Land, buildings and improvements $ 623,946 $ 731,925 Structures 2,974,643 2,999,582 Towers, transmitters and studio equipment 345,002 453,044 Furniture and other equipment 579,147 536,255 Construction in progress 71,330 95,671 4,594,068 4,816,477 Less: accumulated depreciation 2,251,982 2,117,413 Other property, plant and equipment, net $ 2,342,086 $ 2,699,064
Schedule 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, 2015 and December 31, 2014, respectively: (In thousands) September 30, 2015 December 31, 2014 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor contractual rights $ 663,303 $ (465,834) $ 716,723 $ (476,523) Customer / advertiser relationships 1,222,519 (861,346) 1,222,518 (765,596) Talent contracts 319,384 (245,378) 319,384 (223,936) Representation contracts 242,413 (218,940) 238,313 (206,338) Permanent easements 171,825 - 171,271 - Other 388,542 (190,120) 388,160 (177,249) Total $ 3,007,986 $ (1,981,618) $ 3,056,369 $ (1,849,642)
Schedule Of Future Amortization Expenses	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) 2016 $ 221,016 2017 197,193 2018 131,081 2019 43,455 2020 36,317
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) iHM Americas Outdoor Advertising International Outdoor Advertising Other Consolidated Balance as of December 31, 2013 $ 3,270,521 $ 585,227 $ 264,907 $ 81,532 $ 4,202,187 Acquisitions 17,900 - - 299 18,199 Foreign currency - (653) (32,369) - (33,022) Other 60 - - - 60 Balance as of December 31, 2014 $ 3,288,481 $ 584,574 $ 232,538 $ 81,831 $ 4,187,424 Acquisitions - - - - - Foreign currency - (636) (15,434) - (16,070) Other - - - - - Balance as of September 30, 2015 $ 3,288,481 $ 583,938 $ 217,104 $ 81,831 $ 4,171,354

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Long-Term Debt	NOTE 3 – LONG-TERM DEBT Long-term debt outstanding as of September 30, 2015 and December 31, 2014 consisted of the following: (In thousands) September 30, December 31, 2015 2014 Senior Secured Credit Facilities (1) $6,300,000 $7,231,222 Receivables Based Credit Facility Due 2017 (2) 190,000 - 9.0% Priority Guarantee Notes Due 2019 1,999,815 1,999,815 9.0% Priority Guarantee Notes Due 2021 1,750,000 1,750,000 11.25% Priority Guarantee Notes Due 2021 575,000 575,000 9.0% Priority Guarantee Notes Due 2022 1,000,000 1,000,000 10.625% Priority Guarantee Notes Due 2023 950,000 - Subsidiary Revolving Credit Facility Due 2018 (3) - - Other Secured Subsidiary Debt (4) 16,377 19,257 Total Consolidated Secured Debt 12,781,192 12,575,294 14.0% Senior Notes Due 2021 (5) 1,695,097 1,661,697 iHeartCommunications Legacy Notes (6) 667,900 667,900 10.0% Senior Notes Due 2018 730,000 730,000 Subsidiary Senior Notes due 2022 2,725,000 2,725,000 Subsidiary Senior Subordinated Notes due 2020 2,200,000 2,200,000 Other Subsidiary Debt 178 1,024 Purchase accounting adjustments and original issue discount (210,949) (234,897) Total debt 20,588,418 20,326,018 Less: current portion 2,464 3,604 Total long-term debt $ 20,585,954 $ 20,322,414 (1) Term Loan D and Term Loan E mature in 2019. (2) The Receivables Based Credit Facility provides for borrowings up to the lesser of $535.0 million (the revolving credit commitment) or the borrowing base, subject to certain limitations contained in iHeartCommunications’ material financing agreements. (3) The Subsidiary Revolving Credit Facility provides for borrowings up to $75.0 million (the revolving credit commitment). (4) Other secured subsidiary debt matures at various dates from 2015 through 2045. (5) The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. (6) iHeartCommunications’ Legacy Notes, all of which were issued prior to the acquisition of iHeartCommunications by the Company in 2008, consist of Senior Notes maturing at various dates in 2016, 2018 and 2027.

Income Taxes (Tables)

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Components of Income Tax Expense (Benefit)	NOTE 5 – INCOME TAXES Income Tax Expense The Company’s income tax expense for the three and nine months ended September 30, 2015 and 2014, respectively, consisted of the following components: (In thousands) Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Current tax expense $ (2,144) $ (11,689) $ (65,838) $ (47,276) Deferred tax expense (697) (12,687) (15,685) (44,866) Income tax expense $ (2,841) $ (24,376) $ (81,523) $ (92,142)

Shareholders' Deficit (Tables)

Shareholders' Deficit (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Changes in Member's Deficit and Other Comprehensive Loss	NOTE 6 – SHAREHOLDERS’ 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 shareholders’ 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, 2015 $ (9,889,348) $ 224,140 $ (9,665,208) Net income (loss) (661,349) 13,932 (647,417) Dividends and other payments to noncontrolling interests - (28,088) (28,088) Purchase of additional noncontrolling interests (40,820) (1,978) (42,798) Share-based compensation 1,873 6,045 7,918 Foreign currency translation adjustments (82,865) (19,118) (101,983) Unrealized holding gain on marketable securities 484 56 540 Other adjustments to comprehensive loss (1,036) (118) (1,154) Other, net (618) 4,772 4,154 Balances as of September 30, 2015 $ (10,673,679) $ 199,643 $ (10,474,036) (In thousands) The Company Noncontrolling Interests Consolidated Balances as of January 1, 2014 $ (8,942,166) $ 245,531 $ (8,696,635) Net income (loss) (725,672) 13,679 (711,993) Dividends and other payments to noncontrolling interests - (32,581) (32,581) Share-based compensation 2,352 5,712 8,064 Foreign currency translation adjustments (62,754) (14,758) (77,512) Unrealized holding gain on marketable securities 533 72 605 Reclassifications 3,309 - 3,309 Other, net (864) 1,396 532 Balances as of September 30, 2014 $ (9,725,262) $ 219,051 $ (9,506,211)

Segment Data (Tables)

Segment Data (Tables)	9 Months Ended
	Sep. 30, 2015
Schedule of Operating Segment Results	During the first quarter of 2015, the Company revised its segment reporting, as discussed in Note 1. The following table presents the Company’s reportable segment results for the three and nine months ended September 30, 2015 and 2014: (In thousands) iHM Americas Outdoor Advertising International Outdoor Advertising Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended September 30, 2015 Revenue $ 846,865 $ 347,336 $ 348,941 $ 39,358 $ - $ (2,986) $ 1,579,514 Direct operating expenses 253,848 149,072 223,644 3,174 - (1,896) 627,842 Selling, general and administrative expenses 272,349 59,539 73,020 25,149 - (1,090) 428,967 Depreciation and amortization 59,408 50,121 41,564 5,896 9,331 - 166,320 Impairment charges - - - - 21,631 - 21,631 Corporate expenses - - - - 74,542 - 74,542 Other operating income, net - - - - 6,914 - 6,914 Operating income (loss) $ 261,260 $ 88,604 $ 10,713 $ 5,139 $ (98,590) $ - $ 267,126 Intersegment revenues $ - $ 347 $ - $ 2,639 $ - $ - $ 2,986 Capital expenditures $ 13,533 $ 18,557 $ 28,665 $ 1,444 $ 5,416 $ - $ 67,615 Share-based compensation expense $ - $ - $ - $ - $ 2,991 $ - $ 2,991 Three Months Ended September 30, 2014 Revenue $ 830,509 $ 350,464 $ 392,330 $ 61,096 $ - $ (4,365) $ 1,630,034 Direct operating expenses 244,945 151,550 249,284 5,103 - (2,473) 648,409 Selling, general and administrative expenses 259,283 60,994 78,619 30,245 - (1,882) 427,259 Depreciation and amortization 59,359 51,303 47,775 8,389 9,039 - 175,865 Impairment charges - - - - 35 - 35 Corporate expenses - - - - 78,212 (10) 78,202 Other operating income, net - - - - 47,172 - 47,172 Operating income (loss) $ 266,922 $ 86,617 $ 16,652 $ 17,359 $ (40,114) $ - $ 347,436 Intersegment revenues $ 10 $ 721 $ - $ 3,634 $ - $ - $ 4,365 Capital expenditures $ 9,336 $ 22,392 $ 19,448 $ 1,235 $ 1,176 $ - $ 53,587 Share-based compensation expense $ - $ - $ - $ - $ 2,246 $ - $ 2,246 (In thousands) iHM Americas Outdoor Advertising International Outdoor Advertising Other Corporate and other reconciling items Eliminations Consolidated Nine Months Ended September 30, 2015 Revenue $ 2,385,367 $ 984,485 $ 1,049,654 $ 114,860 $ - $ (10,429) $ 4,523,937 Direct operating expenses 709,503 445,018 663,011 9,611 - (5,517) 1,821,626 Selling, general and administrative expenses 800,221 172,522 219,689 81,798 - (4,912) 1,269,318 Depreciation and amortization 179,721 151,574 124,961 21,173 27,738 - 505,167 Impairment charges - - - - 21,631 - 21,631 Corporate expenses - - - - 232,422 - 232,422 Other operating income, net - - - - 98,694 - 98,694 Operating income (loss) $ 695,922 $ 215,371 $ 41,993 $ 2,278 $ (183,097) $ - $ 772,467 Intersegment revenues $ - $ 2,510 $ - $ 7,919 $ - $ - $ 10,429 Capital expenditures $ 40,860 $ 50,916 $ 85,522 $ 4,592 $ 10,602 $ - $ 192,492 Share-based compensation expense $ - $ - $ - $ - $ 7,918 $ - $ 7,918 Nine Months Ended September 30, 2014 Revenue $ 2,307,193 $ 985,420 $ 1,173,830 $ 149,818 $ - $ (13,525) $ 4,602,736 Direct operating expenses 683,950 448,789 746,702 17,839 - (6,313) 1,890,967 Selling, general and administrative expenses 763,308 175,811 237,023 91,883 - (7,202) 1,260,823 Depreciation and amortization 178,914 150,862 143,995 25,763 25,264 - 524,798 Impairment charges - - - - 4,937 - 4,937 Corporate expenses - - - - 233,114 (10) 233,104 Other operating income, net - - - - 45,709 - 45,709 Operating income (loss) $ 681,021 $ 209,958 $ 46,110 $ 14,333 $ (217,606) $ - $ 733,816 Intersegment revenues $ 10 $ 2,791 $ - $ 10,724 $ - $ - $ 13,525 Capital expenditures $ 30,020 $ 60,519 $ 72,086 $ 4,121 $ 28,262 $ - $ 195,008 Share-based compensation expense $ - $ - $ - $ - $ 8,064 $ - $ 8,064

Property, Plant And Equipment21

Property, Plant And Equipment, Intangible Assets And Goodwill (Narrative) (Detail) $ in Thousands	Jul. 16, 2015USD ($)Stations	Apr. 03, 2015USD ($)Stations	Sep. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Dec. 31, 2014USD ($)	Dec. 11, 2014Stations
Amortization expense			$ 57,300		$ 65,700	$ 180,900	$ 198,900
Impairment of intangibles			21,600		$ 400	21,600	$ 400
Goodwill Impairment Loss								$ 0
Annual lease payments				$ 2,600
Two Buildings [Member]
Disposal proceeds				34,300
One Building [Member]
Gain (loss) on disposal				$ 8,100
Broadcast Communication Tower Sites [Member]
Gain (loss) on disposal	$ 4,400	$ 207,200
Disposal proceeds	5,900	369,200
Deferred portion of gain on asset disposal	$ 1,700	$ 108,100
Lease agreements related chareges			$ 5,200			$ 10,200
Radio stations sold | Stations	9	367
Sale Leaseback Number Of Radio Station | Stations	7	360
Americas Outdoor Advertising [Member]
Goodwill Impairment Loss								0
International Outdoor Advertising [Member]
Goodwill Impairment Loss								0
Other [Member]
Goodwill Impairment Loss								$ 0
Vertical Bridge Holdings [Member] | Broadcast Communication Tower Sites [Member] | Maximum [Member]
Number of Property Plant and Equipment Sold | Stations									411

Property, Plant And Equipment22

Property, Plant And Equipment, Intangible Assets And Goodwill (Schedule Of Property, Plant And Equipment) (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Property Plant And Equipment [Line Items]
Property, plant and equipment	$ 4,594,068	$ 4,816,477
Less: accumulated depreciation	2,251,982	2,117,413
Property, plant and equipment, net	2,342,086	2,699,064
Land, buildings and improvements [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment	623,946	731,925
Structures [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment	2,974,643	2,999,582
Towers, transmitters and studio equipment [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment	345,002	453,044
Furniture and other equipment [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment	579,147	536,255
Construction in progress [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment	$ 71,330	$ 95,671

Property, Plant And Equipment23

Property, Plant And Equipment, Intangible Assets And Goodwill (Schedule Of Definite-Lived Intangible Assets) (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 3,007,986	$ 3,056,369
Accumulated Amortization	(1,981,618)	(1,849,642)
Transit, street furniture and other outdoor contractual rights [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	663,303	716,723
Accumulated Amortization	(465,834)	(476,523)
Customer/advertiser relationships [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,222,519	1,222,518
Accumulated Amortization	(861,346)	(765,596)
Talent contracts [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	319,384	319,384
Accumulated Amortization	(245,378)	(223,936)
Representation contracts [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	242,413	238,313
Accumulated Amortization	(218,940)	(206,338)
Permanent easements [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	171,825	171,271
Accumulated Amortization	0	0
Other [Member]
Finite Lived Intangible Assets [Line Items]
Gross Carrying Amount	388,542	388,160
Accumulated Amortization	$ (190,120)	$ (177,249)

Property, Plant And Equipment24

Property, Plant And Equipment, Intangible Assets And Goodwill (Schedule Of Future Amortization Expenses) (Detail) $ in Millions	Sep. 30, 2015USD ($)
Property, Plant And Equipment, Intangible Assets And Goodwill [Abstract]
2,016	$ 221,016
2,017	197,193
2,018	131,081
2,019	43,455
2,020	$ 36,317

Property, Plant And Equipment25

Property, Plant And Equipment, Intangible Assets And Goodwill (Schedule Of Changes In Carrying Amount Of Goodwill) (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Goodwill [Line Items]
Balance	$ 4,187,424	$ 4,202,187
Impairment		0
Acquisitions	0	18,199
Dispositions	0	0
Foreign currency	(16,070)	(33,022)
Other	0	60
Balance	4,171,354	4,187,424
iHM [Member]
Goodwill [Line Items]
Balance	3,288,481	3,270,521
Impairment		0
Acquisitions	0	17,900
Dispositions	0	0
Foreign currency	0	0
Other	0	60
Balance	3,288,481	3,288,481
Americas Outdoor Advertising [Member]
Goodwill [Line Items]
Balance	584,574	585,227
Impairment		0
Acquisitions	0	0
Dispositions	0	0
Foreign currency	(636)	(653)
Other	0	0
Balance	583,938	584,574
International Outdoor Advertising [Member]
Goodwill [Line Items]
Balance	232,538	264,907
Impairment		0
Acquisitions	0	0
Dispositions	0	0
Foreign currency	(15,434)	(32,369)
Other	0	0
Balance	217,104	232,538
Other [Member]
Goodwill [Line Items]
Balance	81,831	81,532
Impairment		0
Acquisitions	0	299
Dispositions	0	0
Foreign currency	0	0
Other	0	0
Balance	$ 81,831	$ 81,831

Long-Term Debt (Narrative) (Det

Long-Term Debt (Narrative) (Detail) - USD ($) $ in Millions	Feb. 26, 2015	Sep. 30, 2015	Dec. 31, 2014
Long Term Debt Other Disclosures [Abstract]
Weighted average interest rate		8.10%	8.40%
Market value		$ 17,200	$ 19,700
Term Loan B [Member]
Long Term Debt Other Disclosures [Abstract]
Early Repayment of Senior Debt	$ 916.1
Term Loan C [Member]
Long Term Debt Other Disclosures [Abstract]
Early Repayment of Senior Debt	$ 15.2
Receivables Based Facility Due 2017 [Member]
Long Term Debt Other Disclosures [Abstract]
Line of credit facility maximum borrowing capacity		535
Line Of Credit Facility Amount Outstanding		190
Subsidiary Senior Revolving Credit Facility Due 2018 [Member]
Long Term Debt Other Disclosures [Abstract]
Line of credit facility maximum borrowing capacity		$ 75

Long Term Debt - Guarantees (Na

Long Term Debt - Guarantees (Narrative) (Detail) $ in Millions	Sep. 30, 2015USD ($)
Surety Bond [Member]
Guarantee Obligations [Line Items]
Gurantees Obligations	$ 63.4
Commercial standby letters of credit [Member]
Guarantee Obligations [Line Items]
Gurantees Obligations	106.1
Bank Gurantees [Member]
Guarantee Obligations [Line Items]
Gurantees Obligations	58.7
Bank Gurantees Collaterized [Member]
Guarantee Obligations [Line Items]
Gurantees Obligations	$ 12.4

Long-Term Debt (Schedule Of Lon

Long-Term Debt (Schedule Of Long-Term Debt) (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 12,781,192	$ 12,575,294
Total debt	20,588,418	20,326,018
Less: current portion	2,464	3,604
Total long-term debt	20,585,954	20,322,414
Senior Secured Credit Facilities [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	6,300,000	7,231,222
Receivables Based Facility Due 2017 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	190,000	0
9% Priority Guarantee Notes Due 2019 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 1,999,815	1,999,815
Stated interest rate	9.00%
9% Priority Guarantee Notes Due 2021 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 1,750,000	1,750,000
Stated interest rate	9.00%
11.25% Priority Guarantee Notes Due 2021 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 575,000	575,000
Stated interest rate	11.25%
9% Priority Guarantee Notes Due 2022 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 1,000,000	1,000,000
Stated interest rate	9.00%
10.625% Priority Guarantee Notes Due 2023 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 950,000	0
Stated interest rate	10.625%
Subsidiary Senior Revolving Credit Facility Due 2018 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 0	0
Other Secured Subsidiary Debt [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	16,377	19,257
Senior Cash Pay Notes Due 2016 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 0	0
Stated interest rate	10.75%
Senior Toggle Notes Due 2016 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 0	0
Senior Toggle Notes Due 2016 [Member] | Minimum [Member]
Debt Instrument [Line Items]
Stated interest rate	11.00%
Senior Toggle Notes Due 2016 [Member] | Maximum [Member]
Debt Instrument [Line Items]
Stated interest rate	11.75%
Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 1,695,097	1,661,697
Stated interest rate	14.00%
iHeartCommunications Legacy Notes [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 667,900	667,900
10% Senior Notes Due 2018 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 730,000	730,000
Stated interest rate	10.00%
Subsidiary Senior Notes due 2022 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ 2,725,000	2,725,000
Subsidiary Senior Subordinated Notes due 2020 [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	2,200,000	2,200,000
Other iHeartCommunications Subsidiary Debt [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	178	1,024
Purchase accounting adjustments and original issue discount [Member]
Debt Instrument [Line Items]
Total Consolidated Secured Debt	$ (210,949)	$ (234,897)

Commitments, Contingencies And

Commitments, Contingencies And Guarantees (Narrative) (Detail)	Apr. 12, 2013permits	Dec. 31, 2008signs
Commitments And Contingencies [Line Items]
Digital modernization permits issued to Company	82
Digital displays operating	77
Conversion from static to digital | signs		83

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued [Abstract]
Effective tax rate	(1.30%)	(29.20%)	(14.40%)	(14.90%)

Income Taxes (Schedule Of Provi

Income Taxes (Schedule Of Provision For Income Tax Benefit (Expense) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Income Tax Expense Benefit [Abstract]
Total current benefit (expense)	$ (2,144)	$ (11,689)	$ (65,838)	$ (47,276)
Total deferred benefit	(697)	(12,687)	(15,685)	(44,866)
Income tax benefit (expense)	$ (2,841)	$ (24,376)	$ (81,523)	$ (92,142)

Shareholders' Deficit And Compr

Shareholders' Deficit And Comprehensive Loss (Schedule Of Changes In Equity) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Balances at January 1,			$ (9,665,208)	$ (8,696,635)
Net income (loss)	$ (213,469)	$ (107,824)	(647,417)	(711,993)
Dividends and other payments to noncontrolling interests			(28,088)	(32,581)
Purchases of additional noncontrolling interest			(42,798)
Share Based Compensation	2,991	2,246	7,918	8,064
Foreign currency translation adjustments	(22,102)	(63,063)	(101,983)	(77,512)
Unrealized holding gain (loss) on marketable securities	(149)	(74)	540	605
Unrealized holding gain on cash flow derivatives			0	0
Other adjustments to comprehensive loss	0	0	(1,154)	0
Reclassifications	0	0	0	3,309
Other, net			4,154	532
Balances at December 31,	(10,474,036)	(9,506,211)	(10,474,036)	(9,506,211)
The Company [Member]
Balances at January 1,			(9,889,348)	(8,942,166)
Net income (loss)			(661,349)	(725,672)
Dividends and other payments to noncontrolling interests			0	0
Purchases of additional noncontrolling interest			(40,820)
Share Based Compensation			1,873	2,352
Foreign currency translation adjustments			(82,865)	(62,754)
Unrealized holding gain (loss) on marketable securities			484	533
Unrealized holding gain on cash flow derivatives			0	0
Other adjustments to comprehensive loss			(1,036)	0
Reclassifications			0	3,309
Other, net			(618)	(864)
Balances at December 31,	(10,673,679)	(9,725,262)	(10,673,679)	(9,725,262)
Noncontrolling Interest [Member]
Balances at January 1,			224,140	245,531
Net income (loss)			13,932	13,679
Dividends and other payments to noncontrolling interests			(28,088)	(32,581)
Purchases of additional noncontrolling interest			(1,978)
Share Based Compensation			6,045	5,712
Foreign currency translation adjustments			(19,118)	(14,758)
Unrealized holding gain (loss) on marketable securities			56	72
Unrealized holding gain on cash flow derivatives			0	0
Other adjustments to comprehensive loss			(118)	0
Reclassifications			0	0
Other, net			4,772	1,396
Balances at December 31,	$ 199,643	$ 219,051	$ 199,643	$ 219,051

Other Information (Schedule Of

Other Information (Schedule Of Accumulated Other Comprehensive Loss - Deferred Tax Liabilities) (Detail) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Fair Value Measurements [Abstract]
Foreign currency translation adjustments and other	$ (0.6)	$ 8.2

Other Information (Schedule O34

Other Information (Schedule Of Other Current Assets) (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Other Information [Abstract]
Total other current assets	$ 132,094	$ 136,299

Other Information - Barter and

Other Information - Barter and Trade Revenues and Expenses from Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Barter and trade revenues	$ 31	$ 19.9	$ 87.6	$ 54.2
Barter and trade expenses	$ 31	$ 22.7	$ 84.1	$ 55.1

Segment Data (Schedule Of Opera

Segment Data (Schedule Of Operating Segment Results) (Detail) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenue	$ 1,579,514,000	$ 1,630,034,000	$ 4,523,937,000	$ 4,602,736,000
Direct operating expenses	627,842,000	648,409,000	1,821,626,000	1,890,967,000
Selling, general and administrative expenses	428,967,000	427,259,000	1,269,318,000	1,260,823,000
Depreciation and amortization	166,320,000	175,865,000	505,167,000	524,798,000
Impairment charges	21,631,000	35,000	21,631,000	4,937,000
Corporate expenses	74,542,000	78,202,000	232,422,000	233,104,000
Other operating income, net	6,914,000	47,172,000	98,694,000	45,709,000
Operating income (loss)	267,126,000	347,436,000	772,467,000	733,816,000
Segment assets	13,459,229,000		13,459,229,000		$ 14,040,242,000
Capital expenditures	67,615,000	53,587,000	192,492,000	195,008,000
Share-based compensation expense	2,991,000	2,246,000	7,918,000	8,064,000
Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	2,986,000	4,365,000	10,429,000	13,525,000
iHM [Member]
Segment Reporting Information [Line Items]
Revenue	846,865,000	830,509,000	2,385,367,000	2,307,193,000
Direct operating expenses	253,848,000	244,945,000	709,503,000	683,950,000
Selling, general and administrative expenses	272,349,000	259,283,000	800,221,000	763,308,000
Depreciation and amortization	59,408,000	59,359,000	179,721,000	178,914,000
Impairment charges	0	0	0	0
Corporate expenses	0	0	0	0
Other operating income, net	0	0	0	0
Operating income (loss)	261,260,000	266,922,000	695,922,000	681,021,000
Capital expenditures	13,533,000	9,336,000	40,860,000	30,020,000
Share-based compensation expense	0	0	0	0
iHM [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	0	10,000	0	10,000
Americas Outdoor Advertising [Member]
Segment Reporting Information [Line Items]
Revenue	347,336,000	350,464,000	984,485,000	985,420,000
Direct operating expenses	149,072,000	151,550,000	445,018,000	448,789,000
Selling, general and administrative expenses	59,539,000	60,994,000	172,522,000	175,811,000
Depreciation and amortization	50,121,000	51,303,000	151,574,000	150,862,000
Impairment charges	0	0	0	0
Corporate expenses	0	0	0	0
Other operating income, net	0	0	0	0
Operating income (loss)	88,604,000	86,617,000	215,371,000	209,958,000
Capital expenditures	18,557,000	22,392,000	50,916,000	60,519,000
Share-based compensation expense	0	0	0	0
Americas Outdoor Advertising [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	347,000	721,000	2,510,000	2,791,000
International Outdoor Advertising [Member]
Segment Reporting Information [Line Items]
Revenue	348,941,000	392,330,000	1,049,654,000	1,173,830,000
Direct operating expenses	223,644,000	249,284,000	663,011,000	746,702,000
Selling, general and administrative expenses	73,020,000	78,619,000	219,689,000	237,023,000
Depreciation and amortization	41,564,000	47,775,000	124,961,000	143,995,000
Impairment charges	0	0	0	0
Corporate expenses	0	0	0	0
Other operating income, net	0	0	0	0
Operating income (loss)	10,713,000	16,652,000	41,993,000	46,110,000
Capital expenditures	28,665,000	19,448,000	85,522,000	72,086,000
Share-based compensation expense	0	0	0	0
International Outdoor Advertising [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Other [Member]
Segment Reporting Information [Line Items]
Revenue	39,358,000	61,096,000	114,860,000	149,818,000
Direct operating expenses	3,174,000	5,103,000	9,611,000	17,839,000
Selling, general and administrative expenses	25,149,000	30,245,000	81,798,000	91,883,000
Depreciation and amortization	5,896,000	8,389,000	21,173,000	25,763,000
Impairment charges	0	0	0	0
Corporate expenses	0	0	0	0
Other operating income, net	0	0	0	0
Operating income (loss)	5,139,000	17,359,000	2,278,000	14,333,000
Capital expenditures	1,444,000	1,235,000	4,592,000	4,121,000
Share-based compensation expense	0	0	0	0
Other [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	2,639,000	3,634,000	7,919,000	10,724,000
Corporate and other reconciling items [Member]
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
Depreciation and amortization	9,331,000	9,039,000	27,738,000	25,264,000
Impairment charges	21,631,000	35,000	21,631,000	4,937,000
Corporate expenses	74,542,000	78,212,000	232,422,000	233,114,000
Other operating income, net	6,914,000	47,172,000	98,694,000	45,709,000
Operating income (loss)	(98,590,000)	(40,114,000)	(183,097,000)	(217,606,000)
Capital expenditures	5,416,000	1,176,000	10,602,000	28,262,000
Share-based compensation expense	2,991,000	2,246,000	7,918,000	8,064,000
Corporate and other reconciling items [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue	(2,986,000)	(4,365,000)	(10,429,000)	(13,525,000)
Direct operating expenses	(1,896,000)	(2,473,000)	(5,517,000)	(6,313,000)
Selling, general and administrative expenses	(1,090,000)	(1,882,000)	(4,912,000)	(7,202,000)
Depreciation and amortization	0	0	0	0
Impairment charges	0	0	0	0
Corporate expenses	0	(10,000)	0	(10,000)
Other operating income, net	0	0	0	0
Operating income (loss)	0	0	0	0
Capital expenditures	0	0	0	0
Share-based compensation expense	0	0	0	0
Eliminations [Member] | Intersegment [Member]
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0

Certain Relationships And Rel37

Certain Relationships And Related Party Transactions (Narrative) (Detail) - USD ($) $ in Millions	Apr. 02, 2015	Jan. 31, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014	Aug. 09, 2010
Certain Relationships And Related Party Transactions [Abstract]
Management agreement maturity date					2,018
Management fee, rate per year					$ 15
Management fees and reimbursable expenses			$ 3.9	$ 3.7	$ 11.7	$ 11.3
Common Class A [Member]
Certain Relationships And Related Party Transactions [Abstract]
Total authorized stock repurchase amount							$ 34.2	$ 100
CC Finco, LLC [Member] | Common Class A [Member]
Certain Relationships And Related Party Transactions [Abstract]
Shares purchase amout during the period		2,000,000
Shares purchased during the period, value	$ 22.2	$ 20.4
Additional shares purchased	2,172,946
Collective Holdings Percentage Of Oustanding Shares	90.00%