iHeartMedia (IHRT) 10-Q 4 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Aug. 02, 2016
Document And Entity Information [Abstract]
Entity Registrant Name	iHeartMedia, Inc.
Entity Central Index Key	1,400,891
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Amendment Flag	false
Common class A
Document Information [Line Items]
Entity common stock, shares outstanding		31,227,442
Common class B
Document Information [Line Items]
Entity common stock, shares outstanding		555,556
Common class C
Document Information [Line Items]
Entity common stock, shares outstanding		58,967,502

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 951,853	$ 772,678
Accounts receivable, net of allowance of $35,738 in 2016 and $34,889 in 2015	1,400,603	1,442,038
Prepaid expenses	215,002	189,055
Assets held for sale	55,053	295,075
Other current assets	80,300	79,269
Total Current Assets	2,702,811	2,778,115
PROPERTY, PLANT AND EQUIPMENT
Structures, net	1,289,708	1,391,880
Other property, plant and equipment, net	778,839	820,676
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles - licenses	2,414,540	2,413,483
Indefinite-lived intangibles - permits	961,347	971,327
Other intangibles, net	854,672	953,660
Goodwill	4,114,333	4,128,887
OTHER ASSETS
Other assets	225,117	215,087
Total Assets	13,341,367	13,673,115
CURRENT LIABILITIES
Accounts payable	124,931	153,276
Accrued expenses	732,491	834,416
Accrued interest	283,185	279,100
Deferred income	254,912	210,924
Current portion of long-term debt	574,995	181,512
Total Current Liabilities	1,970,514	1,659,228
Long-term debt	20,209,674	20,539,099
Deferred income taxes	1,545,044	1,554,898
Other long-term liabilities	546,342	526,571
Commitments and contingent liabilities (Note 4)
SHAREHOLDERS’ DEFICIT
Noncontrolling interest	161,273	177,615
Additional paid-in capital	2,069,162	2,068,949
Accumulated deficit	(12,804,420)	(12,437,011)
Accumulated other comprehensive loss	(354,362)	(414,407)
Cost of shares (256,151 in 2016 and 229,824 in 2015) held in treasury	(1,951)	(1,917)
Total Shareholders' Deficit	(10,930,207)	(10,606,681)
Total Liabilities and Shareholders' Deficit	13,341,367	13,673,115
Common class A
SHAREHOLDERS’ DEFICIT
Common stock issued	31	30
Common class B
SHAREHOLDERS’ DEFICIT
Common stock issued	1	1
Common class C
SHAREHOLDERS’ DEFICIT
Common stock issued	$ 59	$ 59

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowances for receivables	$ 35,738	$ 34,889
Common class A
Class of Stock [Line Items]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	400,000,000	400,000,000
Common stock, shares, issued	31,592,841	30,295,457
Common class B
Class of Stock [Line Items]
Common stock, par value (in dollars 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
Class of Stock [Line Items]
Common stock, par value (in dollars 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
Class of Stock [Line Items]
Treasury stock, shares	256,151	229,824

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Revenue	$ 1,618,532	$ 1,599,859	$ 2,982,037	$ 2,944,423
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	617,246	615,163	1,185,617	1,192,855
Selling, general and administrative expenses (excludes depreciation and amortization)	434,581	424,562	860,149	841,443
Corporate expenses (excludes depreciation and amortization)	87,650	80,295	165,529	157,717
Depreciation and amortization	162,144	168,394	317,600	338,847
Other operating income (expense), net	(64,190)	100,754	220,273	91,780
Operating income (loss)	252,721	412,199	673,415	505,341
Interest expense	465,991	452,957	929,941	894,728
Equity in loss of nonconsolidated affiliates	(1,610)	(690)	(2,043)	(359)
Loss on extinguishment of debt	0	0	0	(2,201)
Other income (expense), net	(34,019)	16,211	(39,731)	36,681
Income (loss) before income taxes	(248,899)	(25,237)	(298,300)	(355,266)
Income tax expense	(27,137)	(22,077)	(36,630)	(78,682)
Consolidated net income (loss)	(276,036)	(47,314)	(334,930)	(433,948)
Less amount attributable to noncontrolling interest	2,858	7,152	32,479	5,484
Net income (loss) attributable to the Company	(278,894)	(54,466)	(367,409)	(439,432)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	8,864	2,278	36,441	(79,881)
Unrealized holding gain (loss) on marketable securities	(309)	(133)	(345)	689
Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net	32,824	0	32,824	0
Other adjustments to comprehensive income (loss)	(3,745)	0	(3,745)	(1,154)
Other comprehensive income (loss)	37,634	2,145	65,175	(80,346)
Comprehensive income (loss)	(241,260)	(52,321)	(302,234)	(519,778)
Less amount attributable to noncontrolling interest	249	(4,287)	5,130	(10,640)
Comprehensive income (loss) attributable to the Company	$ (241,509)	$ (48,034)	$ (307,364)	$ (509,138)
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (3.30)	$ (0.65)	$ (4.35)	$ (5.22)
Weighted average common shares outstanding - Basic	84,469	84,238	84,439	84,178
Diluted (in dollars per share)	$ (3.30)	$ (0.65)	$ (4.35)	$ (5.22)
Weighted average common shares outstanding - Diluted	84,469	84,238	84,439	84,178

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Consolidated net loss	$ (334,930)	$ (433,948)
Reconciling items:
Depreciation and amortization	317,600	338,847
Deferred taxes	(10,371)	14,988
Provision for doubtful accounts	13,337	12,848
Amortization of deferred financing charges and note discounts, net	34,540	31,494
Share-based compensation	6,879	4,927
Gain on disposal of operating and other assets	(223,381)	(101,473)
Equity in loss of nonconsolidated affiliates	2,043	359
Loss on extinguishment of debt	0	2,201
Other reconciling items, net	22,902	(37,125)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
(Increase) decrease in accounts receivable	15,820	(73,764)
Increase in prepaid expenses and other current assets	(23,656)	(58,529)
Decrease in accrued expenses	(80,772)	(61,342)
Decrease in accounts payable	(27,157)	(6,126)
Increase in accrued interest	21,049	50,620
Increase in deferred income	63,709	56,230
Changes in other operating assets and liabilities	20,738	20,187
Net cash provided by (used for) operating activities	(181,650)	(239,606)
Cash flows from investing activities:
Purchases of property, plant and equipment	(123,705)	(124,877)
Proceeds from disposal of assets	595,840	393,637
Purchases of other operating assets	(2,611)	(3,970)
Change in other, net	(32,664)	(28,415)
Net cash provided by (used for) investing activities	436,860	236,375
Cash flows from financing activities:
Draws on credit facilities	0	120,000
Payments on credit facilities	(1,157)	(122,638)
Proceeds from long-term debt	800	950,000
Payments on long-term debt	(2,181)	(931,324)
Payments to purchase noncontrolling interests	0	(42,564)
Dividends and other payments to noncontrolling interests	(72,657)	(28,099)
Change in other, net	(1,118)	(7,419)
Net cash provided by (used for) financing activities	(76,313)	(62,044)
Effect of exchange rate changes on cash	278	(4,300)
Net increase (decrease) in cash and cash equivalents	179,175	(69,575)
Cash and cash equivalents at beginning of period	772,678	457,024
Cash and cash equivalents at end of period	951,853	387,449
SUPPLEMENTAL DISCLOSURES:
Cash paid for interest	873,701	808,354
Cash paid for taxes	$ 27,756	$ 24,465

BASIS OF PRESENTATION

BASIS OF PRESENTATION	6 Months Ended
	Jun. 30, 2016
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 iHeartMedia, Inc. and its consolidated 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 advertising”). 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 2015 Annual Report on Form 10-K. Th e 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 company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the 2016 presentation. During the first quarter of 2016, the Company reevaluated its segment reporting and determined that its iHeartMedia Revenue Platform (iHMRP) business, an information technology group dedicated to system development, implementation and maintenance of the Company’s radio revenue platforms, should be managed by its Corporate leadership team. As a result, the operations of the iHMRP business are no longer reflected within the Other segment and are included in the results of its Corporate segment. Accordingly, the Company has recast the corresponding prior year segment disclosures to reflect the current year presentation. New Accounting Pronouncements During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures. For each reporting period, the Company will be required to evaluate whether there are conditions or events that raise substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the first quarter of 2015, the FASB issued ASU No. 2015-02, Consolidation (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 other 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 adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the second quarter of 2015, the FASB issued ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs . This update simplifies the presentation of debt issuance costs as a deduction from the carrying value of the outstanding debt balance rather than showing the debt issuance costs as an asset. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2015. The retrospective adoption of this guidance resulted in the reclassification of debt issuance costs of $ 148.0 million as of December 31, 2015 , which are now reflected as “Long-term debt fees” in Note 3 . 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, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the 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 measurement-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 adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the second quarter of 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718) . This update changes the accounting for certain aspects of share-based payments to employees. Income tax effects of share-based payment awards will be recognized in the income statement with the vesting or settlement of the awards and the record keeping for additional paid-in capital pools will no longer be necessary. Additionally, companies can make a policy election to either estimate forfeitures or recognize them as they occur. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2016. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the second quarter of 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losse s (Topic 326) . The new standard changes the impairment model for most financial assets and certain other instruments. Entities will be required to use a model that will result in the earlier recognition of allowances for losses for trade and other receivables, held-to-maturity debt securities, loans and other instruments. For available-for-sale debt securities with unrealized losses, the losses will be recognized as allowances rather than as reductions in the amortized cost of the securities. For an SEC filer, the standard is effective for annual periods, and for interim periods within those annual 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.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	6 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Dispositions On January 15, 2016, the Company and certain of the Company’s subsidiaries completed the final closing for the sale of six of the Company’s broadcast communication tower sites and related assets for approximately $ 5.5 million . Simultaneous with the sale, the Company entered into lease agreements for the continued use of space on all six of the towers sold. The Company realized a net gain of $ 2.7 million , of which $ 1.9 million was deferred and will be recognized over the lease term. During the first quarter of 2016, Americas outdoor sold nine non-strategic outdoor markets including Cleveland and Columbus, Ohio, Des Moines, Iowa, Ft. Smith, Arkansas, Memphis, Tennessee, Portland, Oregon, Reno, Nevada, Seattle, Washington and Wichita, Kansas for net proceeds, which included cash and certain advertising assets in Florida, totaling $ 594.0 million . The Company recognized a net gain of $ 280.0 million related to the sale, which is included within Other operating income (expense), net. During the first quarter of 2016, Americas outdoor also entered into an agreement to sell its Indianapolis, Indiana market in exchange for certain assets in Atlanta, Georgia, plus approximately $ 41.2 million in cash. The transaction is subject to regulatory approval and is expected to close in 2016. This transaction has met the criteria to be classified as held-for-sale and as such, the related assets are separately presented on the face of the Consolidated Balance Sheet. During the second quarter of 2016, International outdoor sold its business in Turkey. As a result, the Company recognized a net loss of $56.6 million , which includes $32.2 million in cumulative translation adjustments that were recognized upon the sale of the Company's subsidiaries in Turkey. Property, Plant and Equipment The Company’s property, plant and equipment consisted of the following classes of assets as of June 30, 2016 and December 31, 2015, respectively: (In thousands) June 30, December 31, Land, buildings and improvements $ 587,554 $ 603,234 Structures 2,743,167 2,824,794 Towers, transmitters and studio equipment 346,620 347,877 Furniture and other equipment 605,515 591,149 Construction in progress 82,656 69,042 4,365,512 4,436,096 Less: accumulated depreciation 2,296,965 2,223,540 Property, plant and equipment, net $ 2,068,547 $ 2,212,556 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 segment 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 segment. 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, talent and representation contracts, customer and advertiser relationships, and 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 June 30, 2016 and December 31, 2015 , respectively: (In thousands) June 30, 2016 December 31, 2015 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor $ 589,682 $ (428,504 ) $ 635,772 $ (457,060 ) Customer / advertiser relationships 1,222,518 (951,966 ) 1,222,518 (891,488 ) Talent contracts 319,384 (266,821 ) 319,384 (252,526 ) Representation contracts 253,602 (223,464 ) 239,142 (217,770 ) Permanent easements 157,436 — 156,349 — Other 389,881 (207,076 ) 394,983 (195,644 ) Total $ 2,932,503 $ (2,077,831 ) $ 2,968,148 $ (2,014,488 ) Total amortization expense related to definite-lived intangible assets for the three months ended June 30, 2016 and 2015 was $56.8 million and $60.7 million , respectively. Total amortization expense related to definite-lived intangible assets for the six months ended June 30, 2016 and 2015 was $112.1 million and $123.6 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) 2017 $ 199,630 2018 129,701 2019 46,925 2020 38,998 2021 33,114 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, 2014 $ 3,288,481 $ 584,574 $ 232,538 $ 81,831 $ 4,187,424 Acquisitions — — 10,998 — 10,998 Foreign currency — (709 ) (19,644 ) — (20,353 ) Assets held for sale (49,182 ) (49,182 ) Balance as of December 31, 2015 $ 3,288,481 $ 534,683 $ 223,892 $ 81,831 $ 4,128,887 Dispositions — (6,934 ) — — (6,934 ) Foreign currency — (1,393 ) 3,999 — 2,606 Assets held for sale (10,226 ) (10,226 ) Balance as of June 30, 2016 $ 3,288,481 $ 516,130 $ 227,891 $ 81,831 $ 4,114,333

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding as of June 30, 2016 and December 31, 2015 consisted of the following: (In thousands) June 30, December 31, Senior Secured Credit Facilities (1) $ 6,300,000 $ 6,300,000 Receivables Based Credit Facility Due 2017 (2) 230,000 230,000 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 950,000 950,000 Subsidiary Revolving Credit Facility Due 2018 (3) — — Other secured subsidiary debt (4) 24,554 25,228 Total consolidated secured debt 12,829,369 12,830,043 14.0% Senior Notes Due 2021 (5) 1,712,048 1,695,097 iHeartCommunications Legacy Notes (6) 667,900 667,900 10.0% Senior Notes Due 2018 (7) 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 Clear Channel International B.V. Senior Notes due 2020 225,000 225,000 Other subsidiary debt 13,604 165 Purchase accounting adjustments and original issue discount (186,431 ) (204,611 ) Long-term debt fees (131,821 ) (147,983 ) Total debt 20,784,669 20,720,611 Less: current portion 574,995 181,512 Total long-term debt $ 20,209,674 $ 20,539,099 (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 2016 through 2045. (5) The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters. (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. (7) On July 15, 2016, Broader Media, LLC, an indirect wholly-owned subsidiary of the Company, repurchased approximately $383.0 million aggregate principal amount of iHeartCommunications’ 10.0% Senior Notes due 2018 for an aggregate purchase price of approximately $222.2 million . The principal amount of repurchased notes has been classified as current portion of long-term debt on the Company's Consolidated Balance Sheet as of June 30, 2016. The Company’s weighted average interest rate as of June 30, 2016 and December 31, 2015 was 8.5% . The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $ 15.7 billion and $ 15.2 billion as of June 30, 2016 and December 31, 2015 , 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. Surety Bonds, Letters of Credit and Guarantees As of June 30, 2016 , the Company and its subsidiaries had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $ 60.7 million , $ 98.0 million and $ 55.8 million , respectively. Bank guarantees of $ 26.7 million were backed by cash collateral. 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	6 Months Ended
	Jun. 30, 2016
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 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. 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; defamation matters; employment and benefits related claims; governmental fines; intellectual property claims; and tax disputes. 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. Stockholder Litigation On May 9, 2016, a stockholder of Clear Channel Outdoor Holdings, Inc. ("CCOH") 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 names as defendants the Company, iHeartCommunications, Inc. ("iHeartCommunications"), an indirect subsidiary of the Company, Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, the "Sponsor Defendants"), the Company's private equity sponsors and majority owners, and the members of CCOH's board of directors. CCOH also is named as a nominal defendant. The complaint alleges that the defendants have breached their fiduciary duties by causing CCOH 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 the Company and iHeartCommunications; (iii) issue new debt in the CCIBV note offering (the "CCIBV Note Offering") to provide cash to the Company 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 the Company and iHeartCommunications through a dividend. The complaint also alleges that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the directors' breaches of their fiduciary duties. The complaint further alleges that the Company, 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 CCOH. The plaintiff is seeking, among other things, a ruling that the defendants breached their fiduciary duties to CCOH and that the Company, iHeartCommunications and the Sponsor Defendants aided and abetted the CCOH board of directors' breaches of fiduciary duty, rescission of payments made by CCOH to iHeartCommunications and its affiliates pursuant to dividends declared in connection with the CCIBV Note Offering and Outdoor Asset Sales, and an order requiring the Company, iHeartCommunications and the Sponsor Defendants to disgorge all profits they have received as a result of the alleged fiduciary misconduct. On May 26, 2016, the plaintiff filed a motion seeking expedited discovery and an expedited trial on certain counts of its complaint. On June 27, 2016, the court denied the motion for an expedited trial and discovery, and on July 12, 2016, the parties stipulated to a schedule that would allow for a decision on the defendants' forthcoming motion to dismiss by mid-September and a trial, if necessary, beginning February 27, 2017. On July 20, 2016, the defendants filed a motion to dismiss.

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Expense The Company’s income tax expense for the three and six months ended June 30, 2016 and 2015 , respectively, consisted of the following components: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current tax expense $ (36,252 ) $ (23,309 ) $ (47,001 ) $ (63,694 ) Deferred tax benefit (expense) 9,115 1,232 10,371 (14,988 ) Income tax expense $ (27,137 ) $ (22,077 ) $ (36,630 ) $ (78,682 ) The effective tax rates for the three and six months ended June 30, 2016 were (10.9)% and (12.3)% , respectively. The effective tax rates for the three and six months ended June 30, 2015 were (87.5)% and (22.2)% , respectively. The 2016 and 2015 effective tax rates were primarily impacted by the valuation allowance recorded against deferred tax assets resulting from current period net operating losses in U.S. federal, state and certain foreign jurisdictions due to uncertainty regarding the Company's ability to realize those assets in future periods.

SHAREHOLDERS' DEFICIT

SHAREHOLDERS' DEFICIT	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
SHAREHOLDERS' DEFICIT	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 Balance as of January 1, 2016 $ (10,784,296 ) $ 177,615 $ (10,606,681 ) Net income (loss) (367,409 ) 32,479 (334,930 ) Dividends declared and other payments to noncontrolling interests — (60,208 ) (60,208 ) Share-based compensation 1,436 5,443 6,879 Foreign currency translation adjustments 34,803 1,638 36,441 Unrealized holding loss on marketable securities (310 ) (35 ) (345 ) Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net 28,919 3,905 32,824 Other adjustments to comprehensive loss (3,367 ) (378 ) (3,745 ) Other, net (1,256 ) 814 (442 ) Balances as of June 30, 2016 $ (11,091,480 ) $ 161,273 $ (10,930,207 ) (In thousands) The Company Noncontrolling Interests Consolidated Balance as of January 1, 2015 $ (9,889,348 ) $ 224,140 $ (9,665,208 ) Net loss (439,432 ) 5,484 (433,948 ) Dividends declared and other payments to noncontrolling interests — (28,099 ) (28,099 ) Purchase of additional noncontrolling interests (40,742 ) (1,822 ) (42,564 ) Share-based compensation 1,198 3,729 4,927 Foreign currency translation adjustments (69,288 ) (10,593 ) (79,881 ) Unrealized holding gain on marketable securities 618 71 689 Other adjustments to comprehensive loss (1,036 ) (118 ) (1,154 ) Other, net (223 ) 4,685 4,462 Balances as of June 30, 2015 $ (10,438,253 ) $ 197,477 $ (10,240,776 ) The Company has granted restricted stock and CCOH has granted restricted stock, restricted stock units and options to purchase shares of their respective Class A common stock to certain key individuals.

OTHER INFORMATION

OTHER INFORMATION	6 Months Ended
	Jun. 30, 2016
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Other Comprehensive Income (Loss) The total (decrease) increase in deferred income tax liabilities of other adjustments to comprehensive loss for the three months ended June 30, 2016 and 2015 were $0.8 million and $0.0 million respectively. The total (decrease) increase in deferred income tax liabilities of other adjustments to comprehensive loss for the six months ended June 30, 2016 and 2015 were $0.8 million and $(0.6) million respectively. Barter and Trade Barter and trade revenues and expenses are included in consolidated revenue and selling, general and administrative expenses, respectively. Barter and trade revenues were $28.8 million and $24.7 million for the three months ended June 30, 2016 and 2015 , respectively, and $75.1 million and $57.4 million for the six months ended June 30, 2016 and 2015 , respectively. Barter and trade expenses were $22.9 million and $25.1 million for the three months ended June 30, 2016 and 2015 , respectively, and $57.2 million and $53.9 million for the six months ended June 30, 2016 and 2015 , respectively. Barter and trade revenues include $4.9 million and $16.7 million of revenue recognized in connection with advertising provided in the three and six months ended June 30, 2016 , respectively, in exchange for investments in certain non-public companies in the fourth quarter of 2015. There is no offsetting barter expense associated with these non-cash transactions.

SEGMENT DATA

SEGMENT DATA	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
SEGMENT DATA	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 broadcast and digital delivery and also includes the Company’s events and national syndication businesses. The Americas outdoor advertising segment consists of operations primarily in the United States, Canada and Latin America. The International outdoor advertising segment primarily includes operations in Europe, Asia and Australia. The Other category includes the Company’s media representation business as well as other general support services and initiatives that are ancillary to the Company’s other businesses. 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 functions. Share-based payments are recorded in corporate expense. During the first quarter of 2016, 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 six months ended June 30, 2016 and 2015 : (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended June 30, 2016 Revenue $ 867,914 $ 325,533 $ 386,613 $ 39,066 $ — $ (594 ) $ 1,618,532 Direct operating expenses 250,367 140,038 226,023 818 — — 617,246 Selling, general and administrative expenses 271,719 57,831 77,736 27,889 — (594 ) 434,581 Corporate expenses — — — — 87,650 — 87,650 Depreciation and amortization 62,998 47,525 38,177 4,710 8,734 — 162,144 Other operating expense, net — — — — (64,190 ) — (64,190 ) Operating income (loss) $ 282,830 $ 80,139 $ 44,677 $ 5,649 $ (160,574 ) $ — $ 252,721 Intersegment revenues $ — $ 594 $ — $ — $ — $ — $ 594 Capital expenditures $ 14,275 $ 17,402 $ 31,771 $ 1,111 $ 2,367 $ — $ 66,926 Share-based compensation expense $ — $ — $ — $ — $ 3,785 $ — $ 3,785 Three Months Ended June 30, 2015 Revenue $ 840,701 $ 341,286 $ 381,533 $ 37,401 $ — $ (1,062 ) $ 1,599,859 Direct operating expenses 241,826 149,712 222,630 995 — — 615,163 Selling, general and administrative expenses 266,225 57,346 75,176 26,877 — (1,062 ) 424,562 Corporate expenses — — — — 80,295 — 80,295 Depreciation and amortization 59,566 51,113 40,956 6,149 10,610 — 168,394 Other operating income, net — — — — 100,754 — 100,754 Operating income $ 273,084 $ 83,115 $ 42,771 $ 3,380 $ 9,849 $ — $ 412,199 Intersegment revenues $ — $ 1,062 $ — $ — $ — $ — $ 1,062 Capital expenditures $ 16,862 $ 15,664 $ 31,752 $ 649 $ 3,495 $ — $ 68,422 Share-based compensation expense $ — $ — $ — $ — $ 2,403 $ — $ 2,403 (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Six Months Ended June 30, 2016 Revenue $ 1,606,800 $ 608,061 $ 694,806 $ 73,249 $ — $ (879 ) $ 2,982,037 Direct operating expenses 474,429 278,050 431,705 1,433 — — 1,185,617 Selling, general and administrative expenses 543,732 113,160 149,208 54,928 — (879 ) 860,149 Corporate expenses — — — — 165,529 — 165,529 Depreciation and amortization 121,815 93,641 76,057 8,326 17,761 — 317,600 Other operating income, net — — — — 220,273 — 220,273 Operating income $ 466,824 $ 123,210 $ 37,836 $ 8,562 $ 36,983 $ — $ 673,415 Intersegment revenues $ — $ 879 $ — $ — $ — $ — $ 879 Capital expenditures $ 23,065 $ 28,694 $ 66,684 $ 1,176 $ 4,086 $ — $ 123,705 Share-based compensation expense $ — $ — $ — $ — $ 6,879 $ — $ 6,879 Six Months Ended June 30, 2015 Revenue $ 1,538,502 $ 637,149 $ 700,713 $ 70,222 $ — $ (2,163 ) $ 2,944,423 Direct operating expenses 455,655 295,946 439,367 1,887 — — 1,192,855 Selling, general and administrative expenses 527,305 112,983 146,669 56,649 — (2,163 ) 841,443 Corporate expenses — — — — 157,717 — 157,717 Depreciation and amortization 120,301 101,453 83,397 12,472 21,224 — 338,847 Other operating income, net — — — — 91,780 — 91,780 Operating income (loss) $ 435,241 $ 126,767 $ 31,280 $ (786 ) $ (87,161 ) $ — $ 505,341 Intersegment revenues $ — $ 2,163 $ — $ — $ — $ — $ 2,163 Capital expenditures $ 29,680 $ 32,359 $ 56,857 $ 795 $ 5,186 $ — $ 124,877 Share-based compensation expense $ — $ — $ — $ — $ 4,927 $ — $ 4,927

CERTAIN RELATIONSHIPS AND RELAT

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	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 June 30, 2016 and 2015 , the Company recognized management fees and reimbursable expenses of $3.8 million and $3.9 million , respectively. For the six months ended June 30, 2016 and 2015 , the Company recognized management fees and reimbursable expenses of $7.6 million and $7.8 million , respectively. On July 15, 2016, Broader Media, LLC, an indirect wholly-owned subsidiary of the Company (“Broader Media”), repurchased from unaffiliated third parties approximately $285.0 million aggregate principal amount of iHeartCommunications’ 10.0% Senior Notes due 2018 (the “2018 Notes”) for an aggregate purchase price of approximately $165.3 million (the “Third Party Transaction”). On the same day, Broader Media repurchased an additional $98.0 million aggregate principal amount of the 2018 Notes from investment firms affiliated with David C. Abrams, a member of our Board of Directors for an aggregate purchase price of approximately $56.9 million (the “Abrams Transaction”). The Abrams Transaction was made at the same price and on terms substantially similar to those of the Third Party Transaction. In accordance with our related party transaction policy, the Abrams Transaction was approved by a majority of the disinterested directors on our Board.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
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 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 2015 Annual Report on Form 10-K. Th e 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 company are accounted for under the equity method. All significant intercompany transactions are eliminated in the consolidation process. Certain prior-period amounts have been reclassified to conform to the 2016 presentation.
New Accounting Pronouncements	New Accounting Pronouncements During the second quarter of 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements - Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern. This update provides U.S. GAAP guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and about related footnote disclosures. For each reporting period, the Company will be required to evaluate whether there are conditions or events that raise substantial doubt about a company’s ability to continue as a going concern within one year from the date the financial statements are issued. The amendments in this update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the first quarter of 2015, the FASB issued ASU No. 2015-02, Consolidation (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 other 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 adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the second quarter of 2015, the FASB issued ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs . This update simplifies the presentation of debt issuance costs as a deduction from the carrying value of the outstanding debt balance rather than showing the debt issuance costs as an asset. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2015. The retrospective adoption of this guidance resulted in the reclassification of debt issuance costs of $ 148.0 million as of December 31, 2015 , which are now reflected as “Long-term debt fees” in Note 3 . 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, 2017. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the 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 measurement-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 adoption of this guidance did not have a material effect on the Company’s consolidated financial statements. During the first quarter of 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new leasing standard presents significant changes to the balance sheets of lessees. Lessor accounting is updated to align with certain changes in the lessee model and the new revenue recognition standard which was issued in the third quarter of 2015. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2018. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the second quarter of 2016, the FASB issued ASU No. 2016-09, Compensation - Stock Compensation (Topic 718) . This update changes the accounting for certain aspects of share-based payments to employees. Income tax effects of share-based payment awards will be recognized in the income statement with the vesting or settlement of the awards and the record keeping for additional paid-in capital pools will no longer be necessary. Additionally, companies can make a policy election to either estimate forfeitures or recognize them as they occur. The standard is effective for annual periods, and for interim periods within those annual periods, beginning after December 15, 2016. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements. During the second quarter of 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losse s (Topic 326) . The new standard changes the impairment model for most financial assets and certain other instruments. Entities will be required to use a model that will result in the earlier recognition of allowances for losses for trade and other receivables, held-to-maturity debt securities, loans and other instruments. For available-for-sale debt securities with unrealized losses, the losses will be recognized as allowances rather than as reductions in the amortized cost of the securities. For an SEC filer, the standard is effective for annual periods, and for interim periods within those annual 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.

PROPERTY, PLANT AND EQUIPMENT16

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)	6 Months Ended
	Jun. 30, 2016
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 June 30, 2016 and December 31, 2015, respectively: (In thousands) June 30, December 31, Land, buildings and improvements $ 587,554 $ 603,234 Structures 2,743,167 2,824,794 Towers, transmitters and studio equipment 346,620 347,877 Furniture and other equipment 605,515 591,149 Construction in progress 82,656 69,042 4,365,512 4,436,096 Less: accumulated depreciation 2,296,965 2,223,540 Property, plant and equipment, net $ 2,068,547 $ 2,212,556
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 June 30, 2016 and December 31, 2015 , respectively: (In thousands) June 30, 2016 December 31, 2015 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor $ 589,682 $ (428,504 ) $ 635,772 $ (457,060 ) Customer / advertiser relationships 1,222,518 (951,966 ) 1,222,518 (891,488 ) Talent contracts 319,384 (266,821 ) 319,384 (252,526 ) Representation contracts 253,602 (223,464 ) 239,142 (217,770 ) Permanent easements 157,436 — 156,349 — Other 389,881 (207,076 ) 394,983 (195,644 ) Total $ 2,932,503 $ (2,077,831 ) $ 2,968,148 $ (2,014,488 )
Schedule Of Future Amortization Expenses	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) 2017 $ 199,630 2018 129,701 2019 46,925 2020 38,998 2021 33,114
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, 2014 $ 3,288,481 $ 584,574 $ 232,538 $ 81,831 $ 4,187,424 Acquisitions — — 10,998 — 10,998 Foreign currency — (709 ) (19,644 ) — (20,353 ) Assets held for sale (49,182 ) (49,182 ) Balance as of December 31, 2015 $ 3,288,481 $ 534,683 $ 223,892 $ 81,831 $ 4,128,887 Dispositions — (6,934 ) — — (6,934 ) Foreign currency — (1,393 ) 3,999 — 2,606 Assets held for sale (10,226 ) (10,226 ) Balance as of June 30, 2016 $ 3,288,481 $ 516,130 $ 227,891 $ 81,831 $ 4,114,333

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt outstanding as of June 30, 2016 and December 31, 2015 consisted of the following: (In thousands) June 30, December 31, Senior Secured Credit Facilities (1) $ 6,300,000 $ 6,300,000 Receivables Based Credit Facility Due 2017 (2) 230,000 230,000 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 950,000 950,000 Subsidiary Revolving Credit Facility Due 2018 (3) — — Other secured subsidiary debt (4) 24,554 25,228 Total consolidated secured debt 12,829,369 12,830,043 14.0% Senior Notes Due 2021 (5) 1,712,048 1,695,097 iHeartCommunications Legacy Notes (6) 667,900 667,900 10.0% Senior Notes Due 2018 (7) 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 Clear Channel International B.V. Senior Notes due 2020 225,000 225,000 Other subsidiary debt 13,604 165 Purchase accounting adjustments and original issue discount (186,431 ) (204,611 ) Long-term debt fees (131,821 ) (147,983 ) Total debt 20,784,669 20,720,611 Less: current portion 574,995 181,512 Total long-term debt $ 20,209,674 $ 20,539,099 (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 2016 through 2045. (5) The 14.0% Senior Notes due 2021 are subject to required payments at various dates from 2018 through 2021. 2.0% per annum of the interest is paid through the issuance of payment-in-kind notes in the first and third quarters. (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. (7) On July 15, 2016, Broader Media, LLC, an indirect wholly-owned subsidiary of the Company, repurchased approximately $383.0 million aggregate principal amount of iHeartCommunications’ 10.0% Senior Notes due 2018 for an aggregate purchase price of approximately $222.2 million . The principal amount of repurchased notes has been classified as current portion of long-term debt on the Company's Consolidated Balance Sheet as of June 30, 2016.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	6 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The Company’s income tax expense for the three and six months ended June 30, 2016 and 2015 , respectively, consisted of the following components: (In thousands) Three Months Ended June 30, Six Months Ended June 30, 2016 2015 2016 2015 Current tax expense $ (36,252 ) $ (23,309 ) $ (47,001 ) $ (63,694 ) Deferred tax benefit (expense) 9,115 1,232 10,371 (14,988 ) Income tax expense $ (27,137 ) $ (22,077 ) $ (36,630 ) $ (78,682 )

SHAREHOLDERS' DEFICIT (Tables)

SHAREHOLDERS' DEFICIT (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of Changes in Shareholders' Deficit	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 Balance as of January 1, 2016 $ (10,784,296 ) $ 177,615 $ (10,606,681 ) Net income (loss) (367,409 ) 32,479 (334,930 ) Dividends declared and other payments to noncontrolling interests — (60,208 ) (60,208 ) Share-based compensation 1,436 5,443 6,879 Foreign currency translation adjustments 34,803 1,638 36,441 Unrealized holding loss on marketable securities (310 ) (35 ) (345 ) Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net 28,919 3,905 32,824 Other adjustments to comprehensive loss (3,367 ) (378 ) (3,745 ) Other, net (1,256 ) 814 (442 ) Balances as of June 30, 2016 $ (11,091,480 ) $ 161,273 $ (10,930,207 ) (In thousands) The Company Noncontrolling Interests Consolidated Balance as of January 1, 2015 $ (9,889,348 ) $ 224,140 $ (9,665,208 ) Net loss (439,432 ) 5,484 (433,948 ) Dividends declared and other payments to noncontrolling interests — (28,099 ) (28,099 ) Purchase of additional noncontrolling interests (40,742 ) (1,822 ) (42,564 ) Share-based compensation 1,198 3,729 4,927 Foreign currency translation adjustments (69,288 ) (10,593 ) (79,881 ) Unrealized holding gain on marketable securities 618 71 689 Other adjustments to comprehensive loss (1,036 ) (118 ) (1,154 ) Other, net (223 ) 4,685 4,462 Balances as of June 30, 2015 $ (10,438,253 ) $ 197,477 $ (10,240,776 )

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Schedule of Operating Segment Results	During the first quarter of 2016, 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 six months ended June 30, 2016 and 2015 : (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended June 30, 2016 Revenue $ 867,914 $ 325,533 $ 386,613 $ 39,066 $ — $ (594 ) $ 1,618,532 Direct operating expenses 250,367 140,038 226,023 818 — — 617,246 Selling, general and administrative expenses 271,719 57,831 77,736 27,889 — (594 ) 434,581 Corporate expenses — — — — 87,650 — 87,650 Depreciation and amortization 62,998 47,525 38,177 4,710 8,734 — 162,144 Other operating expense, net — — — — (64,190 ) — (64,190 ) Operating income (loss) $ 282,830 $ 80,139 $ 44,677 $ 5,649 $ (160,574 ) $ — $ 252,721 Intersegment revenues $ — $ 594 $ — $ — $ — $ — $ 594 Capital expenditures $ 14,275 $ 17,402 $ 31,771 $ 1,111 $ 2,367 $ — $ 66,926 Share-based compensation expense $ — $ — $ — $ — $ 3,785 $ — $ 3,785 Three Months Ended June 30, 2015 Revenue $ 840,701 $ 341,286 $ 381,533 $ 37,401 $ — $ (1,062 ) $ 1,599,859 Direct operating expenses 241,826 149,712 222,630 995 — — 615,163 Selling, general and administrative expenses 266,225 57,346 75,176 26,877 — (1,062 ) 424,562 Corporate expenses — — — — 80,295 — 80,295 Depreciation and amortization 59,566 51,113 40,956 6,149 10,610 — 168,394 Other operating income, net — — — — 100,754 — 100,754 Operating income $ 273,084 $ 83,115 $ 42,771 $ 3,380 $ 9,849 $ — $ 412,199 Intersegment revenues $ — $ 1,062 $ — $ — $ — $ — $ 1,062 Capital expenditures $ 16,862 $ 15,664 $ 31,752 $ 649 $ 3,495 $ — $ 68,422 Share-based compensation expense $ — $ — $ — $ — $ 2,403 $ — $ 2,403 (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Six Months Ended June 30, 2016 Revenue $ 1,606,800 $ 608,061 $ 694,806 $ 73,249 $ — $ (879 ) $ 2,982,037 Direct operating expenses 474,429 278,050 431,705 1,433 — — 1,185,617 Selling, general and administrative expenses 543,732 113,160 149,208 54,928 — (879 ) 860,149 Corporate expenses — — — — 165,529 — 165,529 Depreciation and amortization 121,815 93,641 76,057 8,326 17,761 — 317,600 Other operating income, net — — — — 220,273 — 220,273 Operating income $ 466,824 $ 123,210 $ 37,836 $ 8,562 $ 36,983 $ — $ 673,415 Intersegment revenues $ — $ 879 $ — $ — $ — $ — $ 879 Capital expenditures $ 23,065 $ 28,694 $ 66,684 $ 1,176 $ 4,086 $ — $ 123,705 Share-based compensation expense $ — $ — $ — $ — $ 6,879 $ — $ 6,879 Six Months Ended June 30, 2015 Revenue $ 1,538,502 $ 637,149 $ 700,713 $ 70,222 $ — $ (2,163 ) $ 2,944,423 Direct operating expenses 455,655 295,946 439,367 1,887 — — 1,192,855 Selling, general and administrative expenses 527,305 112,983 146,669 56,649 — (2,163 ) 841,443 Corporate expenses — — — — 157,717 — 157,717 Depreciation and amortization 120,301 101,453 83,397 12,472 21,224 — 338,847 Other operating income, net — — — — 91,780 — 91,780 Operating income (loss) $ 435,241 $ 126,767 $ 31,280 $ (786 ) $ (87,161 ) $ — $ 505,341 Intersegment revenues $ — $ 2,163 $ — $ — $ — $ — $ 2,163 Capital expenditures $ 29,680 $ 32,359 $ 56,857 $ 795 $ 5,186 $ — $ 124,877 Share-based compensation expense $ — $ — $ — $ — $ 4,927 $ — $ 4,927

BASIS OF PRESENTATION (Detail)

BASIS OF PRESENTATION (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of debt issuance costs	$ 131,821	$ 147,983
Accounting standards update 2015-03 | Long-term debt
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of debt issuance costs		148,000
Accounting standards update 2015-03 | Other noncurrent assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Reclassification of debt issuance costs		$ (148,000)

PROPERTY, PLANT AND EQUIPMENT22

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) $ in Millions	Jan. 15, 2016USD ($)station	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)market	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Disposal Groups, Including Discontinued Operations [Line Items]
Amortization expense		$ 56.8		$ 60.7	$ 112.1	$ 123.6
Disposed of by sale | Broadcast communication tower sites and related assets
Disposal Groups, Including Discontinued Operations [Line Items]
Radio stations sold | station	6
Disposal proceeds	$ 5.5
Gain (loss) on disposal	2.7
Deferred portion of gain on asset disposal	$ 1.9
Disposed of by sale | Non-strategic outdoor markets
Disposal Groups, Including Discontinued Operations [Line Items]
Disposal proceeds			$ 594
Gain (loss) on disposal			$ 280
Markets sold | market			9
Disposed of by sale | International Outdoor, Turkey
Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on disposal		(56.6)
Foreign currency translation adjustments		$ 32.2
Held-for-sale | Outdoor market Indianapolis
Disposal Groups, Including Discontinued Operations [Line Items]
Disposal proceeds			$ 41.2

PROPERTY, PLANT AND EQUIPMENT23

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 4,365,512	$ 4,436,096
Less: accumulated depreciation	2,296,965	2,223,540
Property, plant and equipment, net	2,068,547	2,212,556
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment	587,554	603,234
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment	2,743,167	2,824,794
Towers, transmitters and studio equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	346,620	347,877
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	605,515	591,149
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 82,656	$ 69,042

PROPERTY, PLANT AND EQUIPMENT24

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Definite-Lived Intangible Assets (Detail) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 2,932,503	$ 2,968,148
Accumulated Amortization	(2,077,831)	(2,014,488)
Transit, street furniture and other outdoor contractual rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	589,682	635,772
Accumulated Amortization	(428,504)	(457,060)
Customer / advertiser relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,222,518	1,222,518
Accumulated Amortization	(951,966)	(891,488)
Talent contracts
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	319,384	319,384
Accumulated Amortization	(266,821)	(252,526)
Representation contracts
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	253,602	239,142
Accumulated Amortization	(223,464)	(217,770)
Permanent easements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	157,436	156,349
Accumulated Amortization	0	0
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	389,881	394,983
Accumulated Amortization	$ (207,076)	$ (195,644)

PROPERTY, PLANT AND EQUIPMENT25

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expenses (Detail) $ in Thousands	Jun. 30, 2016USD ($)
Property, Plant and Equipment [Abstract]
2,017	$ 199,630
2,018	129,701
2,019	46,925
2,020	38,998
2,021	$ 33,114

PROPERTY, PLANT AND EQUIPMENT26

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Goodwill [Roll Forward]
Beginning balance	$ 4,128,887	$ 4,187,424
Acquisitions		10,998
Dispositions	(6,934)
Foreign currency	2,606	(20,353)
Assets held for sale	(10,226)	(49,182)
Ending balance	4,114,333	4,128,887
Other
Goodwill [Roll Forward]
Beginning balance	81,831	81,831
Acquisitions		0
Dispositions	0
Foreign currency	0	0
Ending balance	81,831	81,831
Operating segments | iHM
Goodwill [Roll Forward]
Beginning balance	3,288,481	3,288,481
Acquisitions		0
Dispositions	0
Foreign currency	0	0
Ending balance	3,288,481	3,288,481
Operating segments | Americas Outdoor Advertising
Goodwill [Roll Forward]
Beginning balance	534,683	584,574
Acquisitions		0
Dispositions	(6,934)
Foreign currency	(1,393)	(709)
Assets held for sale	(10,226)	(49,182)
Ending balance	516,130	534,683
Operating segments | International Outdoor Advertising
Goodwill [Roll Forward]
Beginning balance	223,892	232,538
Acquisitions		10,998
Dispositions	0
Foreign currency	3,999	(19,644)
Ending balance	$ 227,891	$ 223,892

LONG-TERM DEBT - Schedule Of Lo

LONG-TERM DEBT - Schedule Of Long-Term Debt (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jul. 15, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Total consolidated secured debt	$ 12,829,369,000		$ 12,830,043,000
Long-term debt fees	(131,821,000)		(147,983,000)
Total debt	20,784,669,000		20,720,611,000
Less: current portion	574,995,000		181,512,000
Total long-term debt	20,209,674,000		20,539,099,000
Senior Secured Credit Facilities
Debt Instrument [Line Items]
Total consolidated secured debt	6,300,000,000		6,300,000,000
Receivables Based Credit Facility Due 2017
Debt Instrument [Line Items]
Total consolidated secured debt	230,000,000		230,000,000
Revolving credit commitment	535,000,000
9.0% Priority Guarantee Notes Due 2019
Debt Instrument [Line Items]
Total consolidated secured debt	$ 1,999,815,000		1,999,815,000
Stated interest rate	9.00%
9.0% Priority Guarantee Notes Due 2021
Debt Instrument [Line Items]
Total consolidated secured debt	$ 1,750,000,000		1,750,000,000
Stated interest rate	9.00%
11.25% Priority Guarantee Notes Due 2021
Debt Instrument [Line Items]
Total consolidated secured debt	$ 575,000,000		575,000,000
Stated interest rate	11.25%
9.0% Priority Guarantee Notes Due 2022
Debt Instrument [Line Items]
Total consolidated secured debt	$ 1,000,000,000		1,000,000,000
Stated interest rate	9.00%
10.625% Priority Guarantee Notes Due 2023
Debt Instrument [Line Items]
Total consolidated secured debt	$ 950,000,000		950,000,000
Stated interest rate	10.625%
Subsidiary Revolving Credit Facility Due 2018
Debt Instrument [Line Items]
Total consolidated secured debt	$ 0		0
Subsidiary Revolving Credit Facility Due 2018 | Revolving credit facility
Debt Instrument [Line Items]
Revolving credit commitment	75,000,000
Other secured subsidiary debt
Debt Instrument [Line Items]
Total consolidated secured debt	24,554,000		25,228,000
14.0% Senior Notes Due 2021
Debt Instrument [Line Items]
Total debt	$ 1,712,048,000		1,695,097,000
Stated interest rate	14.00%
Percent interest paid per year through issuance of payment-in-kind notes	2.00%
iHeartCommunications Legacy Notes
Debt Instrument [Line Items]
Total debt	$ 667,900,000		667,900,000
10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Total debt	$ 730,000,000		730,000,000
Stated interest rate	10.00%
Subsidiary Senior Notes due 2022
Debt Instrument [Line Items]
Total debt	$ 2,725,000,000		2,725,000,000
Subsidiary Senior Subordinated Notes due 2020
Debt Instrument [Line Items]
Total debt	2,200,000,000		2,200,000,000
Clear Channel International B.V. Senior Notes due 2020
Debt Instrument [Line Items]
Total debt	225,000,000		225,000,000
Other subsidiary debt
Debt Instrument [Line Items]
Total debt	13,604,000		165,000
Purchase accounting adjustments and original issue discount
Debt Instrument [Line Items]
Total debt	$ (186,431,000)		$ (204,611,000)
Broader Media, LLC | Subsequent event | 10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Aggregate principal amount of senior notes		$ 383,000,000
Aggregate purchase price of senior notes		$ 222,200,000

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information - Narrative (Detail) - USD ($) $ in Millions	Jul. 15, 2016	Jun. 30, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
Weighted average interest rate		8.50%	8.50%
Market value of debt		$ 15,700	$ 15,200
10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Stated interest rate		10.00%
Broader Media, LLC | Subsequent event | 10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Aggregate principal amount of senior notes	$ 383
Aggregate purchase price of senior notes	$ 222.2

LONG-TERM DEBT - Surety Bonds,

LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail) $ in Millions	Jun. 30, 2016USD ($)
Surety bond
Guarantor Obligations [Line Items]
Guarantees obligations	$ 60.7
Commercial standby letter of credit
Guarantor Obligations [Line Items]
Guarantees obligations	98
Bank guarantee
Guarantor Obligations [Line Items]
Guarantees obligations	55.8
Bank guarantees collaterized
Guarantor Obligations [Line Items]
Guarantees obligations	$ 26.7

INCOME TAXES - Schedule Of Prov

INCOME TAXES - Schedule Of Provision For Income Tax Benefit (Expense) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Current tax expense	$ (36,252)	$ (23,309)	$ (47,001)	$ (63,694)
Deferred tax benefit (expense)	9,115	1,232	10,371	(14,988)
Income tax expense	$ (27,137)	$ (22,077)	$ (36,630)	$ (78,682)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Effective tax rate	(10.90%)	(87.50%)	(12.30%)	(22.20%)

SHAREHOLDERS' DEFICIT (Detail)

SHAREHOLDERS' DEFICIT (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balances			$ (10,606,681)	$ (9,665,208)
Net income (loss)	$ (276,036)	$ (47,314)	(334,930)	(433,948)
Dividends declared and other payments to noncontrolling interests			(60,208)	(28,099)
Purchase of additional noncontrolling interests				(42,564)
Share-based compensation	3,785	2,403	6,879	4,927
Foreign currency translation adjustments	8,864	2,278	36,441	(79,881)
Unrealized holding gain (loss) on marketable securities	(309)	(133)	(345)	689
Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net	32,824	0	32,824	0
Other adjustments to comprehensive loss	(3,745)	0	(3,745)	(1,154)
Other, net			(442)	4,462
Ending Balances	(10,930,207)	(10,240,776)	(10,930,207)	(10,240,776)
The Company
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balances			(10,784,296)	(9,889,348)
Net income (loss)			(367,409)	(439,432)
Dividends declared and other payments to noncontrolling interests			0	0
Purchase of additional noncontrolling interests				(40,742)
Share-based compensation			1,436	1,198
Foreign currency translation adjustments			34,803	(69,288)
Unrealized holding gain (loss) on marketable securities			(310)	618
Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net			28,919
Other adjustments to comprehensive loss			(3,367)	(1,036)
Other, net			(1,256)	(223)
Ending Balances	(11,091,480)	(10,438,253)	(11,091,480)	(10,438,253)
Noncontrolling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning Balances			177,615	224,140
Net income (loss)			32,479	5,484
Dividends declared and other payments to noncontrolling interests			(60,208)	(28,099)
Purchase of additional noncontrolling interests				(1,822)
Share-based compensation			5,443	3,729
Foreign currency translation adjustments			1,638	(10,593)
Unrealized holding gain (loss) on marketable securities			(35)	71
Reclassification adjustment for realized cumulative translation adjustments on sale of businesses included in Other operating income (expense), net			3,905
Other adjustments to comprehensive loss			(378)	(118)
Other, net			814	4,685
Ending Balances	$ 161,273	$ 197,477	$ 161,273	$ 197,477

OTHER INFORMATION - Other Compr

OTHER INFORMATION - Other Comprehensive Income (Loss) - Narrative (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other Income and Expenses [Abstract]
Increase (decrease) in deferred income tax liabilities related to foreign currency translation adjustments	$ 0.8	$ 0	$ 0.8	$ (0.6)

OTHER INFORMATION - Barter and

OTHER INFORMATION - Barter and Trade - Narrative (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Nonmonetary Transaction [Line Items]
Barter and trade revenues	$ 28,800,000	$ 24,700,000	$ 75,100,000	$ 57,400,000
Barter and trade expenses	22,900,000	$ 25,100,000	57,200,000	$ 53,900,000
Advertising Exchanged for Equity Interests
Nonmonetary Transaction [Line Items]
Barter and trade revenues	4,900,000		16,700,000
Barter and trade expenses	$ 0		$ 0

SEGMENT DATA (Detail)

SEGMENT DATA (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenue	$ 1,618,532	$ 1,599,859	$ 2,982,037	$ 2,944,423
Direct operating expenses	617,246	615,163	1,185,617	1,192,855
Selling, general and administrative expenses	434,581	424,562	860,149	841,443
Corporate expenses	87,650	80,295	165,529	157,717
Depreciation and amortization	162,144	168,394	317,600	338,847
Other operating income (expense), net	(64,190)	100,754	220,273	91,780
Operating income (loss)	252,721	412,199	673,415	505,341
Capital expenditures	66,926	68,422	123,705	124,877
Share-based compensation expense	3,785	2,403	6,879	4,927
Other
Segment Reporting Information [Line Items]
Revenue	39,066	37,401	73,249	70,222
Direct operating expenses	818	995	1,433	1,887
Selling, general and administrative expenses	27,889	26,877	54,928	56,649
Corporate expenses	0	0	0	0
Depreciation and amortization	4,710	6,149	8,326	12,472
Other operating income (expense), net	0	0	0	0
Operating income (loss)	5,649	3,380	8,562	(786)
Capital expenditures	1,111	649	1,176	795
Share-based compensation expense	0	0	0	0
Operating segments | iHM
Segment Reporting Information [Line Items]
Revenue	867,914	840,701	1,606,800	1,538,502
Direct operating expenses	250,367	241,826	474,429	455,655
Selling, general and administrative expenses	271,719	266,225	543,732	527,305
Corporate expenses	0	0	0	0
Depreciation and amortization	62,998	59,566	121,815	120,301
Other operating income (expense), net	0	0	0	0
Operating income (loss)	282,830	273,084	466,824	435,241
Capital expenditures	14,275	16,862	23,065	29,680
Share-based compensation expense	0	0	0	0
Operating segments | Americas Outdoor
Segment Reporting Information [Line Items]
Revenue	325,533	341,286	608,061	637,149
Direct operating expenses	140,038	149,712	278,050	295,946
Selling, general and administrative expenses	57,831	57,346	113,160	112,983
Corporate expenses	0	0	0	0
Depreciation and amortization	47,525	51,113	93,641	101,453
Other operating income (expense), net	0	0	0	0
Operating income (loss)	80,139	83,115	123,210	126,767
Capital expenditures	17,402	15,664	28,694	32,359
Share-based compensation expense	0	0	0	0
Operating segments | International Outdoor
Segment Reporting Information [Line Items]
Revenue	386,613	381,533	694,806	700,713
Direct operating expenses	226,023	222,630	431,705	439,367
Selling, general and administrative expenses	77,736	75,176	149,208	146,669
Corporate expenses	0	0	0	0
Depreciation and amortization	38,177	40,956	76,057	83,397
Other operating income (expense), net	0	0	0	0
Operating income (loss)	44,677	42,771	37,836	31,280
Capital expenditures	31,771	31,752	66,684	56,857
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	87,650	80,295	165,529	157,717
Depreciation and amortization	8,734	10,610	17,761	21,224
Other operating income (expense), net	(64,190)	100,754	220,273	91,780
Operating income (loss)	(160,574)	9,849	36,983	(87,161)
Capital expenditures	2,367	3,495	4,086	5,186
Share-based compensation expense	3,785	2,403	6,879	4,927
Eliminations
Segment Reporting Information [Line Items]
Revenue	(594)	(1,062)	(879)	(2,163)
Direct operating expenses	0	0	0	0
Selling, general and administrative expenses	(594)	(1,062)	(879)	(2,163)
Corporate expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Other operating income (expense), 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
Intersegment revenues
Segment Reporting Information [Line Items]
Revenue	594	1,062	879	2,163
Intersegment revenues | iHM
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Intersegment revenues | Americas Outdoor
Segment Reporting Information [Line Items]
Revenue	594	1,062	879	2,163
Intersegment revenues | International Outdoor
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0	$ 0	$ 0

CERTAIN RELATIONSHIPS AND REL36

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jul. 15, 2016
Related Party Transaction [Line Items]
Management fee rate per year (not greater than)			$ 15,000,000
Management fees and reimbursable expenses	$ 3,800,000	$ 3,900,000	$ 7,600,000	$ 7,800,000
10.0% Senior Notes Due 2018
Related Party Transaction [Line Items]
Stated interest rate	10.00%		10.00%
Broader Media, LLC | Subsequent event | 10.0% Senior Notes Due 2018
Related Party Transaction [Line Items]
Aggregate principal amount of senior notes					$ 383,000,000
Aggregate purchase price of senior notes					222,200,000
Broader Media, LLC | Third Party Transaction | Subsequent event | 10.0% Senior Notes Due 2018
Related Party Transaction [Line Items]
Aggregate principal amount of senior notes					285,000,000
Aggregate purchase price of senior notes					165,300,000
Broader Media, LLC | Abrams Transaction | Subsequent event | 10.0% Senior Notes Due 2018
Related Party Transaction [Line Items]
Aggregate principal amount of senior notes					98,000,000
Aggregate purchase price of senior notes					$ 56,900,000