iHeartMedia (IHRT) 10-Q 4 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 01, 2017
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	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		31,157,540
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
Common class D
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		0

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 365,042	$ 845,030
Accounts receivable, net of allowance of $35,710 in 2017 and $33,882 in 2016	1,244,649	1,364,404
Prepaid expenses	264,592	184,586
Assets held for sale	0	55,602
Other current assets	68,251	55,065
Total Current Assets	1,942,534	2,504,687
PROPERTY, PLANT AND EQUIPMENT
Structures, net	1,181,997	1,196,676
Other property, plant and equipment, net	740,634	751,486
INTANGIBLE ASSETS AND GOODWILL
Indefinite-lived intangibles - licenses	2,414,089	2,413,899
Indefinite-lived intangibles - permits	986,010	960,966
Other intangibles, net	696,181	740,508
Goodwill	4,070,142	4,066,575
OTHER ASSETS
Other assets	242,154	227,450
Total Assets	12,273,741	12,862,247
CURRENT LIABILITIES
Accounts payable	111,148	142,600
Accrued expenses	637,998	724,793
Accrued interest	146,231	264,170
Deferred income	238,752	200,103
Current portion of long-term debt	435,876	342,908
Total Current Liabilities	1,570,005	1,674,574
Long-term debt	19,934,585	20,022,080
Deferred income taxes	1,460,857	1,457,095
Other long-term liabilities	599,590	593,973
Commitments and contingent liabilities (Note 4)
STOCKHOLDERS’ DEFICIT
Noncontrolling interest	107,847	135,778
Additional paid-in capital	2,071,439	2,070,603
Accumulated deficit	(13,122,167)	(12,733,952)
Accumulated other comprehensive loss	(346,386)	(355,876)
Cost of shares (391,412 in 2017 and 389,920 in 2016) held in treasury	(2,120)	(2,119)
Total Stockholders' Deficit	(11,291,296)	(10,885,475)
Total Liabilities and Stockholders' Deficit	12,273,741	12,862,247
Class A Common Stock
Common stock issued	31	31
Class B Common Stock
Common stock issued	1	1
Class C Common Stock
Common stock issued	59	59
Class D Common Stock
Common stock issued	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Allowance for receivables	$ 35,710	$ 33,882
Class A Common Stock
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	31,554,489	31,502,448
Class B Common Stock
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
Class C Common Stock
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
Class D Common Stock
Class of Stock [Line Items]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	0	0
Treasury stock
Class of Stock [Line Items]
Treasury stock, shares	391,412	389,920

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Revenue	$ 1,329,322	$ 1,361,798
Operating expenses:
Direct operating expenses (excludes depreciation and amortization)	571,262	566,664
Selling, general and administrative expenses (excludes depreciation and amortization)	450,619	425,568
Corporate expenses (excludes depreciation and amortization)	78,362	77,859
Depreciation and amortization	146,106	155,456
Other operating income, net	31,084	284,463
Operating income (loss)	114,057	420,714
Interest expense	455,337	463,950
Equity in loss of nonconsolidated affiliates	(242)	(433)
Other expense, net	(15,374)	(5,712)
Loss before income taxes	(356,896)	(49,381)
Income tax expense	(30,684)	(9,493)
Consolidated net income (loss)	(387,580)	(58,874)
Less amount attributable to noncontrolling interest	635	29,622
Net income (loss) attributable to the Company	(388,215)	(88,496)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	9,728	27,577
Unrealized holding loss on marketable securities	(57)	(36)
Reclassification adjustments	(1,644)	0
Other comprehensive income	8,027	27,541
Comprehensive loss	(380,188)	(60,955)
Less amount attributable to noncontrolling interest	(1,463)	4,881
Comprehensive loss attributable to the Company	$ (378,725)	$ (65,836)
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (4.58)	$ (1.05)
Weighted average common shares outstanding - Basic	84,754	84,409
Diluted (in dollars per share)	$ (4.58)	$ (1.05)
Weighted average common shares outstanding - Diluted	84,754	84,409

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Consolidated net loss	$ (387,580)	$ (58,874)
Reconciling items:
Depreciation and amortization	146,106	155,456
Deferred taxes	4,572	(1,256)
Provision for doubtful accounts	5,847	5,824
Amortization of deferred financing charges and note discounts, net	14,098	17,098
Share-based compensation	3,059	3,074
Gain on disposal of operating and other assets	(33,080)	(285,857)
Equity in loss of nonconsolidated affiliates	242	433
Other reconciling items, net	(13,147)	(6,630)
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:
Decrease in accounts receivable	119,241	172,023
Increase in prepaid expenses and other current assets	(91,246)	(35,061)
Decrease in accrued expenses	(94,376)	(125,163)
Decrease in accounts payable	(30,670)	(37,933)
Decrease in accrued interest	(99,907)	(104,364)
Increase in deferred income	39,184	47,720
Changes in other operating assets and liabilities	(11,306)	13,018
Net cash used for operating activities	(428,963)	(240,492)
Cash flows from investing activities:
Purchases of other investments	(1,500)	(16,091)
Proceeds from sale of other investments	1,240	0
Purchases of property, plant and equipment	(51,027)	(56,779)
Proceeds from disposal of assets	53,134	592,590
Purchases of other operating assets	(1,272)	(1,573)
Change in other, net	(862)	(1,306)
Net cash provided by (used for) investing activities	(287)	516,841
Cash flows from financing activities:
Payments on credit facilities	(25,375)	(577)
Payments on long-term debt	(1,677)	(551)
Dividends and other payments to noncontrolling interests	(27,245)	(72,182)
Deferred financing charges	0	(120)
Change in other, net	(258)	(960)
Net cash used for financing activities	(54,555)	(74,390)
Effect of exchange rate changes on cash	3,817	3,899
Net increase (decrease) in cash and cash equivalents	(479,988)	205,858
Cash and cash equivalents at beginning of period	845,030	772,678
Cash and cash equivalents at end of period	365,042	978,536
SUPPLEMENTAL DISCLOSURES:
Cash paid for interest	543,315	549,437
Cash paid for taxes	$ 16,725	$ 15,441

BASIS OF PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2017
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 2016 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 2017 presentation. Going Concern Considerations 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. The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods. In evaluating the Company’s ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about the Company’s ability to continue as a going concern for 12 months following the date the Company’s financial statements were issued ( May 4, 2017 ). Management considered the Company’s current financial condition and liquidity sources, including current funds available, forecasted future cash flows and the Company’s conditional and unconditional obligations due before May 4, 2018. As of March 31, 2017 , the Company had $365.0 million of cash and cash equivalents on its balance sheet, including $200.6 million of cash and cash equivalents held by the Company's subsidiary, Clear Channel Outdoor Holdings, Inc. ("CCOH"). As of March 31, 2017 , the Company had $77.9 million of excess availability under its receivables based credit facility, subject to limitations in iHeartCommunications' material financial agreements. A substantial amount of the Company's cash requirements are for debt service obligations. Although the Company has generated operating income, the Company incurred net losses and had negative cash flows from operations for the years ended December 31, 2016 and 2015 and for the quarter ended March 31, 2017 , primarily as a result of interest expense. The Company's current operating plan indicates it will continue to incur net losses and generate negative cash flows from operating activities given the Company's indebtedness and related interest expense. During the quarter ended March 31, 2017 , the Company spent $570.4 million of cash on payments of principal and interest on its debt and anticipates having approximately $1.7 billion of cash interest payment obligations for the full year 2017. At March 31, 2017 , the Company had debt maturities totaling $316.5 million , $324.2 million (net of $261.5 million due to certain subsidiaries of iHeartCommunications ) and $8,369.0 million in 2017, 2018 and 2019, respectively. The Company's debt maturities in the next 12 months include $305.0 million outstanding under a receivables based credit facility, which matures on December 24, 2017, and $112.1 million of 10% Senior Notes due January 15, 2018. These factors coupled with the Company's forecast of future cash flows indicate that, if the Company is unable to refinance or extend its receivables based credit facility and/or the 10% Senior Notes due January 15, 2018, or otherwise to take steps to create additional liquidity, forecasted cash flows would not be sufficient for the Company to meet its obligations, including payment of the outstanding receivables based credit facility and the 10% Senior Notes due 2018 balances at their maturities, as they become due in the ordinary course of business for a period of 12 months following May 4, 2017 . As discussed below, the Company has plans to reduce its principal and interest obligations and to create additional liquidity. The Company plans to refinance or extend the receivables based credit facility to a date at least 12 months after May 4, 2017 with terms similar to the facility’s current terms. Management believes the refinancing or extension of the maturity of the receivables based credit facility is probable of being executed as the Company has successfully extended the maturity date of this receivables based credit facility in the past, and the facility has a first-priority lien on the accounts receivable of iHeartCommunications and certain of its subsidiaries. In addition, management may reduce or delay planned capital expenditures in order to ensure sufficient cash is available to meet the Company’s obligations as they become due in the ordinary course of business, including the payment of the $112.1 million principal amount of 10% Senior Notes due 2018 at maturity. In addition, as more fully described in Note 3, the Company launched notes exchange offers and term loan offers in March 2017. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern for a period within 12 months following May 4, 2017. While management plans to complete the notes exchange offers and the term loan offers and to refinance or extend the maturity of the receivables based credit facility, there is no assurance that the notes exchange offers and the term loan offers will be completed or that the receivables based credit facility will be refinanced or extended. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve forecasted results, its ability to refinance or extend the maturity of its receivables based credit facility and its ability to successfully complete the notes exchange offers and the term loan offers or other liquidity-generating transactions. Based on the significance of the forecasted future negative cash flows, including the maturities of the $305.0 million under the Company's receivables based credit facility that matures December 24, 2017 and the $112.1 million aggregate principal amount of 10% Senior Notes due January 15, 2018, and the uncertainty of the outcomes of the notes exchange offers and term loan offers, management has determined that there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following May 4, 2017 as a result of uncertainty around the Company's ability to refinance or extend the maturity of the receivables based credit facility, to achieve our forecasted results and to achieve sufficient cash interest savings from the pending notes exchange offers and term loan offers. New Accounting Pronouncements 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 two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures which included reviews of contractual terms for all of the Company’s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard. 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 adopted this standard in the first quarter of 2017. The retrospective adoption of this guidance did not result in material changes to the Company's consolidated financial statements. During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350) . This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.

PROPERTY, PLANT AND EQUIPMENT,

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL	PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL Dispositions During the first quarter of 2016, Americas outdoor entered into an agreement to sell its Indianapolis, Indiana market to Fairway Media Group, LLC in exchange for certain assets in Atlanta, Georgia with a fair value of $39.6 million , plus $43.0 million in cash, net of closing costs. The assets acquired as part of the transaction consisted of $9.9 million in fixed assets, $29.5 million in intangible assets (including $2.3 million in goodwill) and $0.2 million in other assets. The transaction closed in January 2017. The Company recognized a net gain of $28.6 million related to the sale, which is included within Other operating income, net. Property, Plant and Equipment The Company’s property, plant and equipment consisted of the following classes of assets as of March 31, 2017 and December 31, 2016 , respectively: (In thousands) March 31, December 31, Land, buildings and improvements $ 578,194 $ 570,566 Structures 2,720,902 2,684,673 Towers, transmitters and studio equipment 352,307 350,760 Furniture and other equipment 652,907 622,848 Construction in progress 73,050 91,655 4,377,360 4,320,502 Less: accumulated depreciation 2,454,729 2,372,340 Property, plant and equipment, net $ 1,922,631 $ 1,948,162 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 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 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 March 31, 2017 and December 31, 2016 , respectively: (In thousands) March 31, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor $ 569,114 $ (437,297 ) $ 563,863 $ (426,752 ) Customer / advertiser relationships 1,222,518 (1,042,587 ) 1,222,519 (1,012,380 ) Talent contracts 319,384 (285,080 ) 319,384 (281,060 ) Representation contracts 253,359 (231,210 ) 253,511 (229,413 ) Permanent easements 162,893 — 159,782 — Other 390,193 (225,106 ) 390,171 (219,117 ) Total $ 2,917,461 $ (2,221,280 ) $ 2,909,230 $ (2,168,722 ) Total amortization expense related to definite-lived intangible assets for the three months ended March 31, 2017 and 2016 was $49.1 million and $55.3 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) 2018 $ 128,047 2019 44,926 2020 38,279 2021 34,637 2022 29,813 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, 2015 $ 3,288,481 $ 534,683 $ 223,892 $ 81,831 $ 4,128,887 Impairment — — (7,274 ) — (7,274 ) Dispositions — (6,934 ) (30,718 ) — (37,652 ) Foreign currency — (1,998 ) (5,051 ) — (7,049 ) Assets held for sale — (10,337 ) — — (10,337 ) Balance as of December 31, 2016 $ 3,288,481 $ 515,414 $ 180,849 $ 81,831 $ 4,066,575 Acquisitions — 2,252 — — 2,252 Dispositions — — (1,817 ) — (1,817 ) Foreign currency — 583 2,460 — 3,043 Assets held for sale — 89 — — 89 Balance as of March 31, 2017 $ 3,288,481 $ 518,338 $ 181,492 $ 81,831 $ 4,070,142

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT Long-term debt outstanding as of March 31, 2017 and December 31, 2016 consisted of the following: (In thousands) March 31, December 31, Senior Secured Credit Facilities (1) $ 6,300,000 $ 6,300,000 Receivables Based Credit Facility Due 2017 (2) 305,000 330,000 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 809,946 575,000 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) 20,831 20,987 Total consolidated secured debt 13,135,592 12,925,802 14.0% Senior Notes Due 2021 (5) 1,746,460 1,729,168 Legacy Notes (6) 475,000 475,000 10.0% Senior Notes Due 2018 112,082 347,028 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 27,193 27,954 Purchase accounting adjustments and original issue discount (161,039 ) (166,961 ) Long-term debt fees (114,827 ) (123,003 ) Total debt 20,370,461 20,364,988 Less: current portion 435,876 342,908 Total long-term debt $ 19,934,585 $ 20,022,080 (1) Term Loan D and Term Loan E mature in 2019. (2) The Receivables Based Credit Facility, which matures December 24, 2017, 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 2017 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 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements. The Company’s weighted average interest rate was 8.6% and 8.5% as of March 31, 2017 and December 31, 2016 , respectively. The aggregate market value of the Company’s debt based on market prices for which quotes were available was approximately $ 17.1 billion and $ 16.7 billion as of March 31, 2017 and December 31, 2016 , 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. On January 31, 2017, iHeartCommunications repaid $25.0 million of the amount borrowed under its receivables based credit facility. As of March 31, 2017 , iHeartCommunications had outstanding borrowings under this facility of $305.0 million . On February 7, 2017, iHeartCommunications completed an exchange offer by issuing $234.9 million in aggregate principal amount of 11.25% Priority Guarantee Notes due 2021 in exchange for $234.9 million of aggregate principal amount outstanding of its 10.0% Senior Notes due 2018. On March 15, 2017, iHeartCommunications commenced exchange offers (the “notes exchange offers”) to exchange certain series of its outstanding debt securities (the “Existing Notes”) for new securities of the Company , iHeartCommunications and CC Outdoor Holdings, Inc., a wholly-owned subsidiary of the Company , and concurrent consent solicitations with respect to the terms of the Existing Notes. On March 15, 2017, the Company also commenced offers (the “term loan offers”) to amend its outstanding Term Loan D and Term Loan E under its senior secured credit facilities and/or to issue new securities of the Company , CC Outdoor Holdings, Inc., Broader Media, LLC and/or iHeartCommunications to the lenders depending on the scenario in which the notes exchange offers and the term loan offers close. Surety Bonds, Letters of Credit and Guarantees As of March 31, 2017 , the Company and its subsidiaries had outstanding surety bonds, commercial standby letters of credit and bank guarantees of $ 59.9 million , $ 106.8 million and $ 34.9 million , respectively. Bank guarantees and letters of credit of $ 18.6 million and $1.5 million , respectively, 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	3 Months Ended
	Mar. 31, 2017
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 CCOH has been harmed by the intercompany agreements with iHeartCommunications, CCOH’s lack of autonomy over its own cash and the actions of the defendants in serving the interests of the Company, iHeartCommunications and the Sponsor Defendants to the detriment of CCOH and its minority stockholders. Specifically, 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 July 20, 2016, the defendants filed a motion to dismiss plaintiff's verified stockholder derivative complaint for failure to state a claim upon which relief can be granted. On November 23, 2016, the Court granted defendants' motion to dismiss all claims brought by the plaintiff. On December 19, 2016, the plaintiff filed a notice of appeal of the ruling.

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Income Tax Expense The Company’s income tax expense for the three months ended March 31, 2017 and 2016 , respectively, consisted of the following components: (In thousands) Three Months Ended March 31, 2017 2016 Current tax expense $ (26,112 ) $ (10,749 ) Deferred tax benefit (4,572 ) 1,256 Income tax expense $ (30,684 ) $ (9,493 ) The effective tax rates for the three months ended March 31, 2017 and 2016 were (8.6)% and (19.2)% , respectively. The 2017 and 2016 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.

STOCKHOLDERS' DEFICIT

STOCKHOLDERS' DEFICIT	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
STOCKHOLDERS' DEFICIT	STOCKHOLDERS’ DEFICIT The Company reports its noncontrolling interests in consolidated subsidiaries as a component of equity separate from the Company’s equity. The following table shows the changes in stockholders' 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, 2017 $ (11,021,253 ) $ 135,778 $ (10,885,475 ) Net income (loss) (388,215 ) 635 (387,580 ) Dividends declared and other payments to noncontrolling interests — (28,058 ) (28,058 ) Share-based compensation 700 2,359 3,059 Purchases of additional noncontrolling interest 137 (137 ) — Disposal of noncontrolling interest — (1,046 ) (1,046 ) Foreign currency translation adjustments 11,018 (1,290 ) 9,728 Unrealized holding loss on marketable securities (51 ) (6 ) (57 ) Reclassification adjustments (1,477 ) (167 ) (1,644 ) Other, net (2 ) (221 ) (223 ) Balances as of March 31, 2017 $ (11,399,143 ) $ 107,847 $ (11,291,296 ) (In thousands) The Company Noncontrolling Interests Consolidated Balance as of January 1, 2016 $ (10,784,841 ) $ 178,160 $ (10,606,681 ) Net income (loss) (88,496 ) 29,622 (58,874 ) Dividends declared and other payments to noncontrolling interests — (54,265 ) (54,265 ) Share-based compensation 704 2,370 3,074 Foreign currency translation adjustments 22,692 4,885 27,577 Unrealized holding loss on marketable securities (32 ) (4 ) (36 ) Other, net (1,226 ) 586 (640 ) Balances as of March 31, 2016 $ (10,851,199 ) $ 161,354 $ (10,689,845 ) The Company has granted restricted stock and CCOH has granted restricted stock, restricted stock units and options to purchase shares of CCOH's Class A common stock to certain key individuals. COMPUTATION OF LOSS PER SHARE (In thousands, except per share data) Three Months Ended 2017 2016 NUMERATOR: Net loss attributable to the Company – common shares $ (388,215 ) $ (88,496 ) DENOMINATOR: Weighted average common shares outstanding - basic 84,754 84,409 Weighted average common shares outstanding - diluted (1) 84,754 84,409 Net loss attributable to the Company per common share: Basic $ (4.58 ) $ (1.05 ) Diluted $ (4.58 ) $ (1.05 ) (1) Outstanding equity awards of 7.9 million and 7.1 million for the three months ended March 31, 2017 and 2016 , respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

OTHER INFORMATION

OTHER INFORMATION	3 Months Ended
	Mar. 31, 2017
Other Income and Expenses [Abstract]
OTHER INFORMATION	OTHER INFORMATION Other Comprehensive Income (Loss) There was no change in deferred income tax liabilities resulting from adjustments to comprehensive loss for the three months ended March 31, 2017 and 2016 . 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 $60.1 million and $46.6 million for the three months ended March 31, 2017 and 2016 , respectively. Barter and trade expenses were $56.1 million and $35.0 million for the three months ended March 31, 2017 and 2016 , respectively.

SEGMENT DATA

SEGMENT DATA	3 Months Ended
	Mar. 31, 2017
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 and Asia. 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. The following table presents the Company's reportable segment results for the three months ended March 31, 2017 and 2016 : (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended March 31, 2017 Revenue $ 757,173 $ 279,420 $ 265,306 $ 29,271 $ — $ (1,848 ) $ 1,329,322 Direct operating expenses 243,331 140,473 187,458 — — — 571,262 Selling, general and administrative expenses 308,151 56,086 59,688 27,641 — (947 ) 450,619 Corporate expenses — — — — 79,263 (901 ) 78,362 Depreciation and amortization 58,037 45,295 30,673 3,369 8,732 — 146,106 Other operating income, net — — — — 31,084 — 31,084 Operating income (loss) $ 147,654 $ 37,566 $ (12,513 ) $ (1,739 ) $ (56,911 ) $ — $ 114,057 Intersegment revenues $ — $ 1,848 $ — $ — $ — $ — $ 1,848 Capital expenditures $ 13,237 $ 14,104 $ 21,824 $ 63 $ 1,799 $ — $ 51,027 Share-based compensation expense $ — $ — $ — $ — $ 3,059 $ — $ 3,059 Three Months Ended March 31, 2016 Revenue $ 738,886 $ 282,528 $ 306,486 $ 34,183 $ — $ (285 ) $ 1,361,798 Direct operating expenses 224,062 138,012 203,975 615 — — 566,664 Selling, general and administrative expenses 272,013 55,329 71,472 27,039 — (285 ) 425,568 Corporate expenses — — — — 77,859 — 77,859 Depreciation and amortization 58,817 46,116 37,880 3,616 9,027 — 155,456 Other operating income, net — — — — 284,463 — 284,463 Operating income (loss) $ 183,994 $ 43,071 $ (6,841 ) $ 2,913 $ 197,577 $ — $ 420,714 Intersegment revenues $ — $ 285 $ — $ — $ — $ — $ 285 Capital expenditures $ 8,790 $ 11,292 $ 34,913 $ 65 $ 1,719 $ — $ 56,779 Share-based compensation expense $ — $ — $ — $ — $ 3,074 $ — $ 3,074

CERTAIN RELATIONSHIPS AND RELAT

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	3 Months Ended
	Mar. 31, 2017
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 Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. (together, 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 March 31, 2017 and 2016 , the Company recognized management fees and reimbursable expenses of $3.8 million and $3.8 million , respectively.

BASIS OF PRESENTATION (Policies

BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2017
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 2016 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 2017 presentation.
Going Concern Considerations and New Accounting Pronouncements	Going Concern Considerations 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. The Company adopted this standard for the year ended December 31, 2016. Under this standard, the Company is required to evaluate whether there is substantial doubt about its ability to continue as a going concern each reporting period, including interim periods. In evaluating the Company’s ability to continue as a going concern, management considered the conditions and events that could raise substantial doubt about the Company’s ability to continue as a going concern for 12 months following the date the Company’s financial statements were issued ( May 4, 2017 ). Management considered the Company’s current financial condition and liquidity sources, including current funds available, forecasted future cash flows and the Company’s conditional and unconditional obligations due before May 4, 2018. As of March 31, 2017 , the Company had $365.0 million of cash and cash equivalents on its balance sheet, including $200.6 million of cash and cash equivalents held by the Company's subsidiary, Clear Channel Outdoor Holdings, Inc. ("CCOH"). As of March 31, 2017 , the Company had $77.9 million of excess availability under its receivables based credit facility, subject to limitations in iHeartCommunications' material financial agreements. A substantial amount of the Company's cash requirements are for debt service obligations. Although the Company has generated operating income, the Company incurred net losses and had negative cash flows from operations for the years ended December 31, 2016 and 2015 and for the quarter ended March 31, 2017 , primarily as a result of interest expense. The Company's current operating plan indicates it will continue to incur net losses and generate negative cash flows from operating activities given the Company's indebtedness and related interest expense. During the quarter ended March 31, 2017 , the Company spent $570.4 million of cash on payments of principal and interest on its debt and anticipates having approximately $1.7 billion of cash interest payment obligations for the full year 2017. At March 31, 2017 , the Company had debt maturities totaling $316.5 million , $324.2 million (net of $261.5 million due to certain subsidiaries of iHeartCommunications ) and $8,369.0 million in 2017, 2018 and 2019, respectively. The Company's debt maturities in the next 12 months include $305.0 million outstanding under a receivables based credit facility, which matures on December 24, 2017, and $112.1 million of 10% Senior Notes due January 15, 2018. These factors coupled with the Company's forecast of future cash flows indicate that, if the Company is unable to refinance or extend its receivables based credit facility and/or the 10% Senior Notes due January 15, 2018, or otherwise to take steps to create additional liquidity, forecasted cash flows would not be sufficient for the Company to meet its obligations, including payment of the outstanding receivables based credit facility and the 10% Senior Notes due 2018 balances at their maturities, as they become due in the ordinary course of business for a period of 12 months following May 4, 2017 . As discussed below, the Company has plans to reduce its principal and interest obligations and to create additional liquidity. The Company plans to refinance or extend the receivables based credit facility to a date at least 12 months after May 4, 2017 with terms similar to the facility’s current terms. Management believes the refinancing or extension of the maturity of the receivables based credit facility is probable of being executed as the Company has successfully extended the maturity date of this receivables based credit facility in the past, and the facility has a first-priority lien on the accounts receivable of iHeartCommunications and certain of its subsidiaries. In addition, management may reduce or delay planned capital expenditures in order to ensure sufficient cash is available to meet the Company’s obligations as they become due in the ordinary course of business, including the payment of the $112.1 million principal amount of 10% Senior Notes due 2018 at maturity. In addition, as more fully described in Note 3, the Company launched notes exchange offers and term loan offers in March 2017. These actions are intended to mitigate those conditions which raise substantial doubt of the Company’s ability to continue as a going concern for a period within 12 months following May 4, 2017. While management plans to complete the notes exchange offers and the term loan offers and to refinance or extend the maturity of the receivables based credit facility, there is no assurance that the notes exchange offers and the term loan offers will be completed or that the receivables based credit facility will be refinanced or extended. The Company’s ability to meet its obligations as they become due in the ordinary course of business for the next 12 months will depend on its ability to achieve forecasted results, its ability to refinance or extend the maturity of its receivables based credit facility and its ability to successfully complete the notes exchange offers and the term loan offers or other liquidity-generating transactions. Based on the significance of the forecasted future negative cash flows, including the maturities of the $305.0 million under the Company's receivables based credit facility that matures December 24, 2017 and the $112.1 million aggregate principal amount of 10% Senior Notes due January 15, 2018, and the uncertainty of the outcomes of the notes exchange offers and term loan offers, management has determined that there is substantial doubt as to the Company’s ability to continue as a going concern for a period of 12 months following May 4, 2017 as a result of uncertainty around the Company's ability to refinance or extend the maturity of the receivables based credit facility, to achieve our forecasted results and to achieve sufficient cash interest savings from the pending notes exchange offers and term loan offers. New Accounting Pronouncements 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 two permitted transition methods under the new standard are the full retrospective method, in which case the standard would be applied to each prior reporting period presented and the cumulative effect of applying the standard would be recognized at the earliest period shown, or the modified retrospective method, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company expects to utilize the full retrospective method. The Company has substantially completed its evaluation of the potential changes from adopting the new standard on its future financial reporting and disclosures which included reviews of contractual terms for all of the Company’s significant revenue streams and the development of an implementation plan. The Company continues to execute on its implementation plan, including detailed policy drafting and training of segment personnel. Based on its evaluation, the Company does not expect material changes to its 2016 or 2017 consolidated revenues, operating income or balance sheets as a result of the implementation of this standard. 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 adopted this standard in the first quarter of 2017. The retrospective adoption of this guidance did not result in material changes to the Company's consolidated financial statements. During the first quarter of 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350) . This update eliminates the requirement to calculate the implied fair value of goodwill to measure a goodwill impairment charge. Entities will record an impairment charge based on the excess of a reporting unit's carrying amount over its fair value. The standard is effective for annual and any interim impairment tests performed for periods beginning after December 15, 2019. The Company is currently evaluating the impact of the provisions of this new standard on its consolidated financial statements.

PROPERTY, PLANT AND EQUIPMENT16

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The Company’s property, plant and equipment consisted of the following classes of assets as of March 31, 2017 and December 31, 2016 , respectively: (In thousands) March 31, December 31, Land, buildings and improvements $ 578,194 $ 570,566 Structures 2,720,902 2,684,673 Towers, transmitters and studio equipment 352,307 350,760 Furniture and other equipment 652,907 622,848 Construction in progress 73,050 91,655 4,377,360 4,320,502 Less: accumulated depreciation 2,454,729 2,372,340 Property, plant and equipment, net $ 1,922,631 $ 1,948,162
Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets	The following table presents the gross carrying amount and accumulated amortization for each major class of other intangible assets as of March 31, 2017 and December 31, 2016 , respectively: (In thousands) March 31, 2017 December 31, 2016 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Transit, street furniture and other outdoor $ 569,114 $ (437,297 ) $ 563,863 $ (426,752 ) Customer / advertiser relationships 1,222,518 (1,042,587 ) 1,222,519 (1,012,380 ) Talent contracts 319,384 (285,080 ) 319,384 (281,060 ) Representation contracts 253,359 (231,210 ) 253,511 (229,413 ) Permanent easements 162,893 — 159,782 — Other 390,193 (225,106 ) 390,171 (219,117 ) Total $ 2,917,461 $ (2,221,280 ) $ 2,909,230 $ (2,168,722 )
Schedule Of Future Amortization Expense	The following table presents the Company’s estimate of amortization expense for each of the five succeeding fiscal years for definite-lived intangible assets: (In thousands) 2018 $ 128,047 2019 44,926 2020 38,279 2021 34,637 2022 29,813
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, 2015 $ 3,288,481 $ 534,683 $ 223,892 $ 81,831 $ 4,128,887 Impairment — — (7,274 ) — (7,274 ) Dispositions — (6,934 ) (30,718 ) — (37,652 ) Foreign currency — (1,998 ) (5,051 ) — (7,049 ) Assets held for sale — (10,337 ) — — (10,337 ) Balance as of December 31, 2016 $ 3,288,481 $ 515,414 $ 180,849 $ 81,831 $ 4,066,575 Acquisitions — 2,252 — — 2,252 Dispositions — — (1,817 ) — (1,817 ) Foreign currency — 583 2,460 — 3,043 Assets held for sale — 89 — — 89 Balance as of March 31, 2017 $ 3,288,481 $ 518,338 $ 181,492 $ 81,831 $ 4,070,142

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt outstanding as of March 31, 2017 and December 31, 2016 consisted of the following: (In thousands) March 31, December 31, Senior Secured Credit Facilities (1) $ 6,300,000 $ 6,300,000 Receivables Based Credit Facility Due 2017 (2) 305,000 330,000 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 809,946 575,000 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) 20,831 20,987 Total consolidated secured debt 13,135,592 12,925,802 14.0% Senior Notes Due 2021 (5) 1,746,460 1,729,168 Legacy Notes (6) 475,000 475,000 10.0% Senior Notes Due 2018 112,082 347,028 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 27,193 27,954 Purchase accounting adjustments and original issue discount (161,039 ) (166,961 ) Long-term debt fees (114,827 ) (123,003 ) Total debt 20,370,461 20,364,988 Less: current portion 435,876 342,908 Total long-term debt $ 19,934,585 $ 20,022,080 (1) Term Loan D and Term Loan E mature in 2019. (2) The Receivables Based Credit Facility, which matures December 24, 2017, 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 2017 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 2018 and 2027, as well as $57.1 million of Senior Notes due 2016 held by a subsidiary of the Company that remain outstanding but are eliminated for purposes of consolidation of the Company’s financial statements.

INCOME TAXES (Tables)

INCOME TAXES (Tables)	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense	The Company’s income tax expense for the three months ended March 31, 2017 and 2016 , respectively, consisted of the following components: (In thousands) Three Months Ended March 31, 2017 2016 Current tax expense $ (26,112 ) $ (10,749 ) Deferred tax benefit (4,572 ) 1,256 Income tax expense $ (30,684 ) $ (9,493 )

STOCKHOLDERS' DEFICIT (Tables)

STOCKHOLDERS' DEFICIT (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Schedule of Changes in Stockholders' Deficit	The following table shows the changes in stockholders' 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, 2017 $ (11,021,253 ) $ 135,778 $ (10,885,475 ) Net income (loss) (388,215 ) 635 (387,580 ) Dividends declared and other payments to noncontrolling interests — (28,058 ) (28,058 ) Share-based compensation 700 2,359 3,059 Purchases of additional noncontrolling interest 137 (137 ) — Disposal of noncontrolling interest — (1,046 ) (1,046 ) Foreign currency translation adjustments 11,018 (1,290 ) 9,728 Unrealized holding loss on marketable securities (51 ) (6 ) (57 ) Reclassification adjustments (1,477 ) (167 ) (1,644 ) Other, net (2 ) (221 ) (223 ) Balances as of March 31, 2017 $ (11,399,143 ) $ 107,847 $ (11,291,296 ) (In thousands) The Company Noncontrolling Interests Consolidated Balance as of January 1, 2016 $ (10,784,841 ) $ 178,160 $ (10,606,681 ) Net income (loss) (88,496 ) 29,622 (58,874 ) Dividends declared and other payments to noncontrolling interests — (54,265 ) (54,265 ) Share-based compensation 704 2,370 3,074 Foreign currency translation adjustments 22,692 4,885 27,577 Unrealized holding loss on marketable securities (32 ) (4 ) (36 ) Other, net (1,226 ) 586 (640 ) Balances as of March 31, 2016 $ (10,851,199 ) $ 161,354 $ (10,689,845 )
COMPUTATION OF LOSS PER SHARE	COMPUTATION OF LOSS PER SHARE (In thousands, except per share data) Three Months Ended 2017 2016 NUMERATOR: Net loss attributable to the Company – common shares $ (388,215 ) $ (88,496 ) DENOMINATOR: Weighted average common shares outstanding - basic 84,754 84,409 Weighted average common shares outstanding - diluted (1) 84,754 84,409 Net loss attributable to the Company per common share: Basic $ (4.58 ) $ (1.05 ) Diluted $ (4.58 ) $ (1.05 ) (1) Outstanding equity awards of 7.9 million and 7.1 million for the three months ended March 31, 2017 and 2016 , respectively, were not included in the computation of diluted earnings per share because to do so would have been antidilutive.

SEGMENT DATA (Tables)

SEGMENT DATA (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Reportable Segment Results	The following table presents the Company's reportable segment results for the three months ended March 31, 2017 and 2016 : (In thousands) iHM Americas Outdoor International Outdoor Other Corporate and other reconciling items Eliminations Consolidated Three Months Ended March 31, 2017 Revenue $ 757,173 $ 279,420 $ 265,306 $ 29,271 $ — $ (1,848 ) $ 1,329,322 Direct operating expenses 243,331 140,473 187,458 — — — 571,262 Selling, general and administrative expenses 308,151 56,086 59,688 27,641 — (947 ) 450,619 Corporate expenses — — — — 79,263 (901 ) 78,362 Depreciation and amortization 58,037 45,295 30,673 3,369 8,732 — 146,106 Other operating income, net — — — — 31,084 — 31,084 Operating income (loss) $ 147,654 $ 37,566 $ (12,513 ) $ (1,739 ) $ (56,911 ) $ — $ 114,057 Intersegment revenues $ — $ 1,848 $ — $ — $ — $ — $ 1,848 Capital expenditures $ 13,237 $ 14,104 $ 21,824 $ 63 $ 1,799 $ — $ 51,027 Share-based compensation expense $ — $ — $ — $ — $ 3,059 $ — $ 3,059 Three Months Ended March 31, 2016 Revenue $ 738,886 $ 282,528 $ 306,486 $ 34,183 $ — $ (285 ) $ 1,361,798 Direct operating expenses 224,062 138,012 203,975 615 — — 566,664 Selling, general and administrative expenses 272,013 55,329 71,472 27,039 — (285 ) 425,568 Corporate expenses — — — — 77,859 — 77,859 Depreciation and amortization 58,817 46,116 37,880 3,616 9,027 — 155,456 Other operating income, net — — — — 284,463 — 284,463 Operating income (loss) $ 183,994 $ 43,071 $ (6,841 ) $ 2,913 $ 197,577 $ — $ 420,714 Intersegment revenues $ — $ 285 $ — $ — $ — $ — $ 285 Capital expenditures $ 8,790 $ 11,292 $ 34,913 $ 65 $ 1,719 $ — $ 56,779 Share-based compensation expense $ — $ — $ — $ — $ 3,074 $ — $ 3,074

BASIS OF PRESENTATION (Detail)

BASIS OF PRESENTATION (Detail) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Cash and cash equivalents	$ 365,042	$ 978,536		$ 845,030	$ 772,678
Cash payments of principal and interest on debt	570,400
Anticipated cash interest payment obligations for the full year 2017	455,337	$ 463,950
Debt maturities in 2017	316,500
Debt maturities in 2019	8,369,000
Outstanding under receivables based credit facility	13,135,592			12,925,802
Senior Notes due January 15, 2018	20,370,461			20,364,988
Subsidiary
Debt Instrument [Line Items]
Cash and cash equivalents	200,600
Debt maturities in 2018	261,500
Parent Company
Debt Instrument [Line Items]
Debt maturities in 2018	324,200
Receivables based credit facility
Debt Instrument [Line Items]
Excess availability under receivables based credit facility	77,900
Debt maturities in 2017	305,000
Scenario, Forecast
Debt Instrument [Line Items]
Anticipated cash interest payment obligations for the full year 2017			$ 1,700,000
Receivables Based Credit Facility Due 2017
Debt Instrument [Line Items]
Outstanding under receivables based credit facility	305,000			330,000
10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Senior Notes due January 15, 2018	$ 112,082			$ 347,028
Stated interest rate	10.00%
10.0% Senior Notes Due 2018 | Senior Notes
Debt Instrument [Line Items]
Senior Notes due January 15, 2018	$ 112,100
Stated interest rate	10.00%
Period to refinance or extend the maturity of receivables based credit facility	12 months
Term of receivables based credit facility after May 4, 2017	12 months

PROPERTY, PLANT AND EQUIPMENT22

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Narrative (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended
	Jan. 31, 2017	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Disposal Groups, Including Discontinued Operations [Line Items]
Goodwill included in intangible assets acquired		$ 4,070,142		$ 4,066,575	$ 4,128,887
Total amortization expense related to definite-lived intangible assets		$ 49,100	$ 55,300
Held-for-sale | Indianapolis, Indiana market
Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds from disposal	$ 43,000
Disposed of by sale | Indianapolis, Indiana market
Disposal Groups, Including Discontinued Operations [Line Items]
Net gain related to sale	28,600
Certain assets in Atlanta, Georgia
Disposal Groups, Including Discontinued Operations [Line Items]
Fair value of assets acquired	39,600
Fixed assets acquired	9,900
Intangible assets acquired	29,500
Goodwill included in intangible assets acquired	2,300
Other assets acquired	$ 200

PROPERTY, PLANT AND EQUIPMENT23

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Property, Plant And Equipment (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 4,377,360	$ 4,320,502
Less: accumulated depreciation	2,454,729	2,372,340
Property, plant and equipment, net	1,922,631	1,948,162
Land, buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment	578,194	570,566
Structures
Property, Plant and Equipment [Line Items]
Property, plant and equipment	2,720,902	2,684,673
Towers, transmitters and studio equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	352,307	350,760
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	652,907	622,848
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 73,050	$ 91,655

PROPERTY, PLANT AND EQUIPMENT24

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Gross Carrying Amount and Accumulated Amortization for Other Intangible Assets (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 2,917,461	$ 2,909,230
Accumulated Amortization	(2,221,280)	(2,168,722)
Transit, street furniture and other outdoor contractual rights
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	569,114	563,863
Accumulated Amortization	(437,297)	(426,752)
Customer / advertiser relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,222,518	1,222,519
Accumulated Amortization	(1,042,587)	(1,012,380)
Talent contracts
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	319,384	319,384
Accumulated Amortization	(285,080)	(281,060)
Representation contracts
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	253,359	253,511
Accumulated Amortization	(231,210)	(229,413)
Permanent easements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	162,893	159,782
Accumulated Amortization	0	0
Other
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	390,193	390,171
Accumulated Amortization	$ (225,106)	$ (219,117)

PROPERTY, PLANT AND EQUIPMENT25

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Future Amortization Expense (Detail) $ in Thousands	Mar. 31, 2017USD ($)
Property, Plant and Equipment [Abstract]
2,018	$ 128,047
2,019	44,926
2,020	38,279
2,021	34,637
2,022	$ 29,813

PROPERTY, PLANT AND EQUIPMENT26

PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND GOODWILL - Schedule Of Changes In Carrying Amount Of Goodwill (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Goodwill
Beginning balance	$ 4,066,575	$ 4,128,887
Impairment		(7,274)
Acquisitions	2,252
Foreign currency	3,043	(7,049)
Ending balance	4,070,142	4,066,575
iHM
Goodwill
Beginning balance	3,288,481	3,288,481
Impairment		0
Acquisitions	0
Foreign currency	0	0
Ending balance	3,288,481	3,288,481
Americas Outdoor Advertising
Goodwill
Beginning balance	515,414	534,683
Impairment		0
Acquisitions	2,252
Foreign currency	583	(1,998)
Ending balance	518,338	515,414
International Outdoor Advertising
Goodwill
Beginning balance	180,849	223,892
Impairment		(7,274)
Acquisitions	0
Foreign currency	2,460	(5,051)
Ending balance	181,492	180,849
Other
Goodwill
Beginning balance	81,831	81,831
Impairment		0
Acquisitions	0
Foreign currency	0	0
Ending balance	81,831	81,831
Dispositions
Goodwill
Dispositions and assets held for sale	(1,817)	(37,652)
Dispositions | iHM
Goodwill
Dispositions and assets held for sale	0	0
Dispositions | Americas Outdoor Advertising
Goodwill
Dispositions and assets held for sale	0	(6,934)
Dispositions | International Outdoor Advertising
Goodwill
Dispositions and assets held for sale	(1,817)	(30,718)
Dispositions | Other
Goodwill
Dispositions and assets held for sale	0	0
Assets held for sale
Goodwill
Dispositions and assets held for sale	89	(10,337)
Assets held for sale | iHM
Goodwill
Dispositions and assets held for sale	0	0
Assets held for sale | Americas Outdoor Advertising
Goodwill
Dispositions and assets held for sale	89	(10,337)
Assets held for sale | International Outdoor Advertising
Goodwill
Dispositions and assets held for sale	0	0
Assets held for sale | Other
Goodwill
Dispositions and assets held for sale	$ 0	$ 0

LONG-TERM DEBT - Schedule Of Lo

LONG-TERM DEBT - Schedule Of Long-Term Debt (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Feb. 07, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total consolidated secured debt	$ 13,135,592,000		$ 12,925,802,000
Total debt	20,370,461,000		20,364,988,000
Long-term debt fees	(114,827,000)		(123,003,000)
Less: current portion	435,876,000		342,908,000
Total long-term debt	19,934,585,000		20,022,080,000
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	305,000,000		330,000,000
Maximum borrowings provided under credit facility	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	$ 809,946,000		575,000,000
Total debt		$ 234,900,000
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 commitment
Debt Instrument [Line Items]
Maximum borrowings provided under credit facility	75,000,000
Other secured subsidiary debt
Debt Instrument [Line Items]
Total consolidated secured debt	20,831,000		20,987,000
14.0% Senior Notes Due 2021
Debt Instrument [Line Items]
Total debt	$ 1,746,460,000		1,729,168,000
Stated interest rate	14.00%
Interest paid per annum through issuance of payment-in-kind notes (as a percent)	2.00%
Legacy Notes
Debt Instrument [Line Items]
Total debt	$ 475,000,000		475,000,000
10.0% Senior Notes Due 2018
Debt Instrument [Line Items]
Total debt	$ 112,082,000		347,028,000
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	27,193,000		27,954,000
Purchase accounting adjustments and original issue discount
Debt Instrument [Line Items]
Total debt	(161,039,000)		$ (166,961,000)
Senior Notes due 2016 | Legacy Notes | Subsidiary
Debt Instrument [Line Items]
Total debt	$ 57,100,000

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information - Narrative (Detail) - USD ($) $ in Thousands	Jan. 31, 2017	Mar. 31, 2017	Mar. 31, 2016	Feb. 07, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Weighted average interest rate		8.60%			8.50%
Aggregate market value of debt		$ 17,100,000			$ 16,700,000
Line of Credit Facility [Line Items]
Borrowings repaid under receivables based credit facility		25,375	$ 577
Aggregate principal amount of notes issued		$ 20,370,461			20,364,988
Receivables based credit facility | Receivables based credit facility
Line of Credit Facility [Line Items]
Borrowings repaid under receivables based credit facility	$ 25,000
Total outstanding borrowings under facility	$ 305,000
11.25% Priority Guarantee Notes Due 2021
Line of Credit Facility [Line Items]
Aggregate principal amount of notes issued				$ 234,900
Stated interest rate		11.25%
10.0% Senior Notes Due 2018
Line of Credit Facility [Line Items]
Aggregate principal amount of notes issued		$ 112,082			$ 347,028
Stated interest rate		10.00%
Aggregate principal amount of notes exchanged				$ 234,900

LONG-TERM DEBT - Surety Bonds,

LONG-TERM DEBT - Surety Bonds, Letters of Credit and Guarantees - Narrative (Detail) $ in Millions	Mar. 31, 2017USD ($)
Surety bonds
Guarantor Obligations [Line Items]
Guarantees obligations	$ 59.9
Commercial standby letters of credit
Guarantor Obligations [Line Items]
Guarantees obligations	106.8
Bank guarantees
Guarantor Obligations [Line Items]
Guarantees obligations	34.9
Bank guarantees backed by cash collateral
Guarantor Obligations [Line Items]
Guarantees obligations	18.6
Letters of credit backed by cash collateral
Guarantor Obligations [Line Items]
Guarantees obligations	$ 1.5

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Tax Expense (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Current tax expense	$ (26,112)	$ (10,749)
Deferred tax benefit	(4,572)	1,256
Income tax expense	$ (30,684)	$ (9,493)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Detail)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Effective tax rates	(8.60%)	(19.20%)

STOCKHOLDERS' DEFICIT - Schedul

STOCKHOLDERS' DEFICIT - Schedule of Changes in Stockholders' Deficit (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Increase (Decrease) in Stockholders' Equity
Beginning Balances	$ (10,885,475)	$ (10,606,681)
Net income (loss)	(387,580)	(58,874)
Dividends declared and other payments to noncontrolling interests	(28,058)	(54,265)
Share-based compensation	3,059	3,074
Purchase of additional noncontrolling interests	0
Disposal of noncontrolling interest	(1,046)
Foreign currency translation adjustments	9,728	27,577
Unrealized holding loss on marketable securities	(57)	(36)
Reclassification adjustments	(1,644)	0
Other, net	(223)	(640)
Ending Balances	(11,291,296)	(10,689,845)
The Company
Increase (Decrease) in Stockholders' Equity
Beginning Balances	(11,021,253)	(10,784,841)
Net income (loss)	(388,215)	(88,496)
Share-based compensation	700	704
Purchase of additional noncontrolling interests	137
Foreign currency translation adjustments	11,018	22,692
Unrealized holding loss on marketable securities	(51)	(32)
Reclassification adjustments	(1,477)
Other, net	(2)	(1,226)
Ending Balances	(11,399,143)	(10,851,199)
Noncontrolling Interests
Increase (Decrease) in Stockholders' Equity
Beginning Balances	135,778	178,160
Net income (loss)	635	29,622
Dividends declared and other payments to noncontrolling interests	(28,058)	(54,265)
Share-based compensation	2,359	2,370
Purchase of additional noncontrolling interests	(137)
Disposal of noncontrolling interest	(1,046)
Foreign currency translation adjustments	(1,290)	4,885
Unrealized holding loss on marketable securities	(6)	(4)
Reclassification adjustments	(167)
Other, net	(221)	586
Ending Balances	$ 107,847	$ 161,354

STOCKHOLDERS' DEFICIT - COMPUTA

STOCKHOLDERS' DEFICIT - COMPUTATION OF LOSS PER SHARE (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
NUMERATOR:
Net loss attributable to the Company – common shares	$ (388,215)	$ (88,496)
DENOMINATOR:
Weighted average common shares outstanding - basic	84,754	84,409
Weighted average common shares outstanding - diluted	84,754	84,409
Net loss attributable to the Company per common share:
Basic (in dollars per share)	$ (4.58)	$ (1.05)
Diluted (in dollars per share)	$ (4.58)	$ (1.05)
Outstanding equity awards excluded from computation of diluted earnings per share (in shares)	7,900	7,100

OTHER INFORMATION (Detail)

OTHER INFORMATION (Detail) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Other Income and Expenses [Abstract]
Barter and trade revenues	$ 60.1	$ 46.6
Barter and trade expenses	$ 56.1	$ 35

SEGMENT DATA (Detail)

SEGMENT DATA (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Revenue	$ 1,329,322	$ 1,361,798
Direct operating expenses	571,262	566,664
Selling, general and administrative expenses	450,619	425,568
Corporate expenses	78,362	77,859
Depreciation and amortization	146,106	155,456
Other operating income, net	31,084	284,463
Operating income (loss)	114,057	420,714
Capital expenditures	51,027	56,779
Share-based compensation expense	3,059	3,074
Operating segments | iHM
Segment Reporting Information [Line Items]
Revenue	757,173	738,886
Direct operating expenses	243,331	224,062
Selling, general and administrative expenses	308,151	272,013
Corporate expenses	0	0
Depreciation and amortization	58,037	58,817
Other operating income, net	0	0
Operating income (loss)	147,654	183,994
Capital expenditures	13,237	8,790
Share-based compensation expense	0	0
Operating segments | Americas Outdoor
Segment Reporting Information [Line Items]
Revenue	279,420	282,528
Direct operating expenses	140,473	138,012
Selling, general and administrative expenses	56,086	55,329
Corporate expenses	0	0
Depreciation and amortization	45,295	46,116
Other operating income, net	0	0
Operating income (loss)	37,566	43,071
Capital expenditures	14,104	11,292
Share-based compensation expense	0	0
Operating segments | International Outdoor
Segment Reporting Information [Line Items]
Revenue	265,306	306,486
Direct operating expenses	187,458	203,975
Selling, general and administrative expenses	59,688	71,472
Corporate expenses	0	0
Depreciation and amortization	30,673	37,880
Other operating income, net	0	0
Operating income (loss)	(12,513)	(6,841)
Capital expenditures	21,824	34,913
Share-based compensation expense	0	0
Operating segments | Other
Segment Reporting Information [Line Items]
Revenue	29,271	34,183
Direct operating expenses	0	615
Selling, general and administrative expenses	27,641	27,039
Corporate expenses	0	0
Depreciation and amortization	3,369	3,616
Other operating income, net	0	0
Operating income (loss)	(1,739)	2,913
Capital expenditures	63	65
Share-based compensation expense	0	0
Corporate and other reconciling items
Segment Reporting Information [Line Items]
Revenue	0	0
Direct operating expenses	0	0
Selling, general and administrative expenses	0	0
Corporate expenses	79,263	77,859
Depreciation and amortization	8,732	9,027
Other operating income, net	31,084	284,463
Operating income (loss)	(56,911)	197,577
Capital expenditures	1,799	1,719
Share-based compensation expense	3,059	3,074
Eliminations
Segment Reporting Information [Line Items]
Revenue	(1,848)	(285)
Direct operating expenses	0	0
Selling, general and administrative expenses	(947)	(285)
Corporate expenses	(901)	0
Depreciation and amortization	0	0
Other operating income, net	0	0
Operating income (loss)	0	0
Capital expenditures	0	0
Share-based compensation expense	0	0
Intersegment revenues
Segment Reporting Information [Line Items]
Revenue	1,848	285
Intersegment revenues | iHM
Segment Reporting Information [Line Items]
Revenue	0	0
Intersegment revenues | Americas Outdoor
Segment Reporting Information [Line Items]
Revenue	1,848	285
Intersegment revenues | International Outdoor
Segment Reporting Information [Line Items]
Revenue	$ 0	$ 0

CERTAIN RELATIONSHIPS AND REL36

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transactions [Abstract]
Maximum management fees per year	$ 15,000,000
Management fees and reimbursable expenses	$ 3,800,000	$ 3,800,000