DallasNews (DALN) 10-Q 25 Oct 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Oct. 20, 2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity File Number	1-33741
Entity Registrant Name	DallasNews CORPORATION
Entity Incorporation, State or Country Code	TX
Entity Tax Identification Number	38-3765318
Entity Address, Address Line One	P. O. Box 224866
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75222-4866
City Area Code	214
Local Phone Number	977-7342
Title of 12(b) Security	Series A Common Stock, $0.01 par value
Trading Symbol	DALN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001413898
Amendment Flag	false
Series A [Member]
Entity Common Stock, Shares Outstanding		4,737,772
Series B [Member]
Entity Common Stock, Shares Outstanding		614,718

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net Operating Revenue:
Total net operating revenue	$ 37,688	$ 38,311	$ 111,548	$ 113,794
Operating Costs and Expense:
Employee compensation and benefits	16,428	17,131	49,642	53,194
Other production, distribution and operating costs	19,691	20,041	58,665	59,282
Newsprint, ink and other supplies	3,161	2,439	8,059	7,158
Depreciation	699	1,018	2,127	3,127
Amortization				64
Loss on sale/disposal of assets, net		30		29
Asset impairments		232	102	232
Total operating costs and expense	39,979	40,891	118,595	123,086
Operating loss	(2,291)	(2,580)	(7,047)	(9,292)
Other income (loss), net	(94)	1,827	(48)	4,694
Loss Before Income Taxes	(2,385)	(753)	(7,095)	(4,598)
Income tax provision (benefit)	201	(2,384)	550	(1,982)
Net Income (Loss)	$ (2,586)	$ 1,631	$ (7,645)	$ (2,616)
Per Share Basis, Basic
Basic	$ (0.48)	$ 0.30	$ (1.43)	$ (0.49)
Number of common shares used in the per share calculation:
Basic	5,352,490	5,352,490	5,352,490	5,352,490
Advertising And Marketing Services [Member]
Net Operating Revenue:
Total net operating revenue	$ 17,525	$ 18,101	$ 51,246	$ 53,471
Circulation [Member]
Net Operating Revenue:
Total net operating revenue	16,230	16,157	48,576	48,272
Printing, Distribution And Other [Member]
Net Operating Revenue:
Total net operating revenue	$ 3,933	$ 4,053	$ 11,726	$ 12,051

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net Income (Loss)	$ (2,586)	$ 1,631	$ (7,645)	$ (2,616)
Other Comprehensive Income (Loss), Net of Tax:
Amortization of actuarial losses	130	360	391	1,080
Total other comprehensive income, net of tax	130	360	391	1,080
Total Comprehensive Income (Loss)	$ (2,456)	$ 1,991	$ (7,254)	$ (1,536)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 33,031	$ 32,439
Accounts receivable (net of allowance of $435 and $551 at September 30, 2022 and December 31, 2021, respectively)	13,256	16,012
Notes receivable		22,400
Inventories	1,844	2,192
Prepaids and other current assets	3,714	3,485
Total current assets	51,845	76,528
Property, plant and equipment, at cost	313,583	312,979
Less accumulated depreciation	(305,773)	(304,157)
Property, plant and equipment, net	7,810	8,822
Operating lease right-of-use assets	15,449	17,648
Deferred income taxes, net	186	257
Other assets	2,096	2,197
Total assets	77,386	105,452
Current liabilities:
Accounts payable	4,623	7,821
Accrued compensation and benefits	6,001	4,932
Other accrued expense	4,818	4,573
Contract liabilities	9,389	10,592
Total current liabilities	24,831	27,918
Long-term pension liabilities	9,546	14,275
Long-term operating lease liabilities	16,815	19,181
Other post-employment benefits	1,311	1,349
Other liabilities	158	152
Total liabilities	52,661	62,875
Shareholders' equity:
Preferred stock, $0.01 par value; Authorized 2,000,000 shares; none issued
Treasury stock, Series A, at cost; 478,465 shares held at September 30, 2022 and December 31, 2021	(13,443)	(13,443)
Additional paid-in capital	494,563	494,563
Accumulated other comprehensive loss	(32,015)	(32,406)
Accumulated deficit	(424,438)	(406,195)
Total shareholders’ equity	24,725	42,577
Total liabilities and shareholders’ equity	77,386	105,452
Series A [Member]
Shareholders' equity:
Common stock, $0.01 par value; Authorized 31,250,000 shares	52	52
Series B [Member]
Shareholders' equity:
Common stock, $0.01 par value; Authorized 31,250,000 shares	$ 6	$ 6

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Allowance for doubtful accounts receivable	$ 435	$ 551
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	31,250,000	31,250,000
Series A [Member]
Common stock, shares, issued	5,216,208	5,216,045
Series B [Member]
Common stock, shares, issued	614,747	614,910
Treasury Stock [Member] | Series A [Member]
Treasury stock Series A, shares held	478,465	478,465

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Series A [Member]	Common Stock [Member] Series B [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member] Series A [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Accumulated Deficit [Member]	Total
Beginning Balance at Dec. 31, 2020			$ 233	$ 494,389		$ (13,443)	$ (32,468)	$ (402,303)	$ 46,408
Beginning Balance, Shares at Dec. 31, 2020	5,213,710	617,245
Beginning Balance, Treasury Stock at Dec. 31, 2020					(478,465)
Net Income (Loss)								(2,616)	(2,616)
Other comprehensive income							1,080		1,080
Conversion of Series B to Series A, shares	2,035	(2,035)
Dividends declared								(2,568)	(2,568)
Reduction of shares at par value related to the reverse stock split			(175)	175
Fractional shares paid out related to the reverse stock				(1)					(1)
Ending Balance at Sep. 30, 2021			58	494,563		(13,443)	(31,388)	(407,487)	42,303
Ending Balance, Shares at Sep. 30, 2021	5,215,745	615,210
Ending Balance, Shares Treasury Stock at Sep. 30, 2021					(478,465)
Beginning Balance at Jun. 30, 2021			58	494,563		(13,443)	(31,748)	(408,262)	41,168
Beginning Balance, Shares at Jun. 30, 2021	5,215,740	615,215
Beginning Balance, Treasury Stock at Jun. 30, 2021					(478,465)
Net Income (Loss)								1,631	1,631
Other comprehensive income							360		360
Conversion of Series B to Series A, shares	5	(5)
Dividends declared								(856)	(856)
Ending Balance at Sep. 30, 2021			58	494,563		(13,443)	(31,388)	(407,487)	42,303
Ending Balance, Shares at Sep. 30, 2021	5,215,745	615,210
Ending Balance, Shares Treasury Stock at Sep. 30, 2021					(478,465)
Beginning Balance at Dec. 31, 2021			58	494,563		(13,443)	(32,406)	(406,195)	42,577
Beginning Balance, Shares at Dec. 31, 2021	5,216,045	614,910
Beginning Balance, Treasury Stock at Dec. 31, 2021					(478,465)
Net Income (Loss)								(7,645)	(7,645)
Other comprehensive income							391		391
Conversion of Series B to Series A, shares	163	(163)
Dividends declared								(10,598)	(10,598)
Ending Balance at Sep. 30, 2022			58	494,563		(13,443)	(32,015)	(424,438)	24,725
Ending Balance, Shares at Sep. 30, 2022	5,216,208	614,747
Ending Balance, Shares Treasury Stock at Sep. 30, 2022					(478,465)
Beginning Balance at Jun. 30, 2022			58	494,563		(13,443)	(32,145)	(412,967)	36,066
Beginning Balance, Shares at Jun. 30, 2022	5,216,103	614,852
Beginning Balance, Treasury Stock at Jun. 30, 2022					(478,465)
Net Income (Loss)								(2,586)	(2,586)
Other comprehensive income							130		130
Conversion of Series B to Series A, shares	105	(105)
Dividends declared								(8,885)	(8,885)
Ending Balance at Sep. 30, 2022			$ 58	$ 494,563		$ (13,443)	$ (32,015)	$ (424,438)	$ 24,725
Ending Balance, Shares at Sep. 30, 2022	5,216,208	614,747
Ending Balance, Shares Treasury Stock at Sep. 30, 2022					(478,465)

Consolidated Statements of Sh_2

Consolidated Statements of Shareholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Consolidated Statements of Shareholders' Equity [Abstract]
Dividends declared per share	$ 1.66	$ 0.16	$ 1.98	$ 0.48

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Operating Activities
Net loss	$ (7,645)	$ (2,616)
Adjustments to reconcile net loss to net cash used for operating activities:
Depreciation and amortization	2,127	3,191
Net periodic costs and contributions related to employee benefit plans	(4,318)	(3,105)
Bad debt expense	165	106
Deferred income taxes	72	(26)
Loss on sale/disposal of assets, net		29
Asset impairments	102	232
Changes in working capital and other operating assets and liabilities:
Accounts receivable	2,591	2,207
Inventories, prepaids and other current assets	119	(663)
Other assets	101	401
Accounts payable	(3,198)	(1,562)
Compensation and benefit obligations	1,069	1,114
Other accrued expenses	225	(3,137)
Contract liabilities	(1,203)	(757)
Other post-employment benefits	(58)	(54)
Net cash used for operating activities	(9,851)	(4,640)
Investing Activities
Purchases of assets	(1,359)	(523)
Sales of assets		1
Note payment received for asset sales	22,400	375
Net cash provided by (used for) investing activities	21,041	(147)
Financing Activities
Dividends paid	(10,598)	(2,568)
Fractional share payments related to the reverse stock split		(1)
Net cash used for financing activities	(10,598)	(2,569)
Net increase (decrease) in cash and cash equivalents	592	(7,356)
Cash and cash equivalents, beginning of period	32,439	42,015
Cash and cash equivalents, end of period	33,031	34,659
Supplemental Disclosures
Income tax paid, net	652	693
Dividends payable	$ 856	$ 856

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Standards	9 Months Ended
	Sep. 30, 2022
Basis of Presentation and Recently Issued Accounting Standards [Abstract]
Basis of Presentation and Recently Issued Accounting Standards	Note 1: Basis of Presentation and Recently Issued Accounting Standards Description of Business. DallasNews Corporation, formerly A. H. Belo Corporation, and its subsidiaries are referred to collectively herein as “DallasNews” or the “Company.” DallasNews was formed in February 2008 through a spin-off from its former parent company and is registered on The Nasdaq Stock Market LLC (Nasdaq trading symbol: DALN). DallasNews is the Dallas-based holding company of The Dallas Morning News and Medium Giant. The Company operates The Dallas Morning News ( dallasnews.com ), Texas’ leading newspaper and winner of nine Pulitzer Prizes, and various niche publications targeting specific audiences. These operations generate revenue from sales of advertising within the Company’s newspaper and digital platforms, subscriptions and retail sales of its newspapers, commercial printing and distribution services primarily related to national newspapers, and preprint advertising. In addition, the Company has a full-service agency, Medium Giant, with capabilities including strategy, creative and media management with a focus on strategic and digital marketing, and data intelligence that provide a measurable return on investment to its clients. Name Change and Stock Exchange Listing. The Company transferred its stock exchange listing from the New York Stock Exchange (“NYSE”) to The Nasdaq Stock Market LLC (“Nasdaq”) and changed its corporate name to DallasNews Corporation. The listing and trading of the Company’s Series A common stock on the NYSE ceased trading at market close on June 28, 2021, and began trading on Nasdaq at market open on June 29, 2021, under the ticker symbol “DALN.” Reverse Stock Split. In May 2021, at the Company’s 2021 annual meeting of shareholders, its shareholders approved a reverse stock split at a ratio of not less than one-for-three and not more than one-for-five , with the exact ratio to be determined by the Company’s board of directors. Following the annual meeting, the Company’s board of directors approved a one-for-four reverse stock split of its issued, outstanding and treasury shares of common stock, par value $ 0.01 per share, which became effective June 8, 2021. As a result, every four shares of the Company’s issued and outstanding Series A common stock and Series B common stock (and any such shares held in treasury) were converted into one share of Series A common stock and Series B common stock, respectively. All fractional shares were settled in cash in connection with the reverse stock split on June 9, 2021. The par value of the Series A and Series B common stock was not adjusted as a result of the reverse stock split and the Company reclassified an amount equal to the reduction in the number of Company shares at par value to additional paid-in capital. COVID-19 Pandemic. Beginning in early 2020, the COVID-19 pandemic impacted, and may continue to impact, the Company’s customers, distribution partners, advertisers, production facilities, and third parties, and could result in additional loss of advertising revenue or supply chain disruption. If the pandemic were to affect a significant number of the workforce employed in printing operations, the Company may experience delays or be unable to produce, print and deliver its publications and other third-party print publications on a timely basis. The Company continues to evaluate for any future material impacts on its consolidated financial statements. Basis of Presentation. The interim consolidated financial statements included herein are unaudited; however, they include adjustments of a normal recurring nature which, in the Company’s opinion, are necessary to present fairly the consolidated financial information as of and for the periods indicated in conformity with accounting principles generally accepted in the United States of America (“GAAP”) applicable to interim periods. All intercompany balances and transactions have been eliminated in consolidation. The Company consolidates its majority owned subsidiaries over which the Company exercises control. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. All dollar amounts presented herein, except share and per share amounts, are in thousands, unless the context indicates otherwise. Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net operating revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates. Areas where estimates are used include valuation allowances for doubtful accounts, fair value measurements, pension plan assets, pension and other post-employment benefit obligation assumptions, income taxes, leases, self-insured liabilities, and assumptions related to long-lived assets impairment review. Segment Presentation. Based on the Company’s structure and organizational chart, the Company’s chief operating decision-maker (the “CODM”) is its Chief Executive Officer, Grant S. Moise. B ased on how the Company’s CODM makes decisions about allocating resources and assessing performance, the Company determined it has one reportable segment. New Accounting Pronouncements. The Financial Accounting Standards Board (“FASB”) issued the following accounting pronouncements and guidance, which may be applicable to the Company but have not yet become effective. In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 – Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This update requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectibility of the reported amount. Since June 2016, the FASB issued clarifying updates to the new standard including changing the effective date for smaller reporting companies. The guidance will be effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted. The Company currently anticipates adopting this ASU on January 1, 2023, using the modified retrospective approach and does not expect a material impact on its consolidated financial statements.

Revenue

Revenue	9 Months Ended
	Sep. 30, 2022
Revenue [Abstract]
Revenue	Note 2: Revenue Revenue Recognition Revenue is recognized when obligations under the terms of a contract with our customer are satisfied. This occurs when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services, typically at contract price or determined by stand-alone selling price. The Company has an estimated allowance for credits, refunds and similar obligations. Sales tax collected concurrent with revenue-producing activities are excluded from revenue. Accounts receivable are reported net of a valuation reserve that represents an estimate of amounts considered uncollectible. The Company estimates the allowance for doubtful accounts based on historical write-off experience and the Company’s knowledge of the customers’ ability to pay amounts due. Accounts are written-off after all collection efforts fail; generally, after one year has expired. Expense for such uncollectible amounts is included in other production, distribution and operating costs. Credit terms are customary. The table below sets forth revenue disaggregated by revenue source. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Advertising and Marketing Services Print advertising $ 11,069 $ 11,236 $ 33,082 $ 34,727 Digital advertising and marketing services 6,456 6,865 18,164 18,744 Total $ 17,525 $ 18,101 $ 51,246 $ 53,471 Circulation Print circulation $ 12,746 $ 13,661 $ 38,863 $ 41,455 Digital circulation 3,484 2,496 9,713 6,817 Total $ 16,230 $ 16,157 $ 48,576 $ 48,272 Printing, Distribution and Other $ 3,933 $ 4,053 $ 11,726 $ 12,051 Total Revenue $ 37,688 $ 38,311 $ 111,548 $ 113,794 Advertising and Marketing Services Print advertising is comprised of display, classified and preprint advertising revenue. Display revenue results from sales of advertising space within the Company’s core newspapers and niche publications to local, regional or national businesses with local operations, affiliates or resellers. Classified revenue, which includes automotive, real estate, employment, obituaries and other, results from sales of advertising space in the classified and other sections of the Company’s newspapers. Preprint revenue results from sales of preprinted advertisements or circulars inserted into the Company’s core newspapers, niche publications, and distributed to publications in other markets, or distributed by mail or third-party distributors to households in targeted areas in order to provide total market coverage for advertisers. The Company’s capabilities allow its advertisers to target preprint distribution selectively at the sub-zip code level in order to optimize coverage for the advertisers’ locations. Preprint advertising also includes other services revenue related to the Company’s niche publications. Digital advertising and marketing services revenue consists of strategic marketing management, consulting, creative services, targeted and multi-channel (programmatic) advertising placed on third-party websites, digital sales of banner, classified and native advertisements on the Company’s news and entertainment-related websites and mobile apps, social media management, search optimization, direct mail and the sale of promotional materials. Advertising and marketing services revenue is primarily recognized at a point in time when the ad or service is complete and delivered, based on the customers’ contract price. Barter advertising transactions are recognized at estimated fair value based on the negotiated contract price and the range of prices for similar advertising from customers unrelated to the barter transaction. The Company expenses barter costs as incurred, which is independent from the timing of revenue recognition. In addition, certain digital advertising revenue related to website access is recognized over time, based on the customers’ monthly rate. The Company typically extends credit to advertising and marketing services customers, although for certain advertising campaigns the customer may pay in advance. For ads placed on certain third-party websites, the Company must evaluate and use judgment to determine whether it is acting as the principal, where revenue is reported on a gross basis, or acting as the agent, where revenue is reported on a net basis. Generally, the Company reports advertising revenue for ads placed on third-party websites on a net basis, meaning the amount recorded to revenue is the amount billed to the customer net of amounts paid to the publisher of the third-party website. The Company is acting as the agent because the publisher controls the advertising inventory. The Company will record certain arrangements gross when it has latitude in establishing price or it determines the placement of the ads as a value added service to the customer. Circulation Print circulation revenue is generated primarily by selling home delivery subscriptions, including premium publications, and from single copy sales to non-subscribers. Home delivery revenue is recognized over the subscription period based on the days of actual delivery over the total subscription days and single copy revenue is recognized at a point in time when the paper is purchased. Revenue is directly reduced for any non-payment for the grace period of home delivery subscriptions where the Company recorded revenue for newspapers delivered after a subscription expired. Digital circulation revenue is generated by digital-only subscriptions and is recognized over the subscription period based on daily or monthly access to the content in the subscription period. Payment of circulation fees is typically received in advance and deferred over the subscription period. There is little judgment required for valuation or timing of circulation revenue recognition. Printing, Distribution and Other Printing, distribution and other revenue is primarily generated from printing and distribution of other newspapers, as well as production of preprinted advertisements for other newspapers. Printing, distribution and other revenue is recognized at a point in time when the product or service is delivered, which requires little judgment to determine. The Company typically extends credit to printing and distribution customers. Deferred Revenue Deferred revenue is recorded when cash payments are received in advance of the Company’s performance, including amounts which are refundable. The Company’s primary sources of deferred revenue are from circulation subscriptions and advertising paid in advance of the service provided. These up-front payments are recorded upon receipt as contract liabilities in the Consolidated Balance Sheets and the revenue is recognized when the Company’s obligations under the terms of the contract are satisfied . In the three and nine months ended September 30, 2022, the Company recognized $ 271 and $ 9,650 , resp ectively, of revenue that was included in the contract liabilities balance as of December 31, 2021. The Company typically recognizes deferred revenue within 1 to 12 months. Practical Expedients and Exemptions The Company generally expenses sales commissions and circulation acquisition costs when incurred because the amortization period would have been one year or less. These costs are recorded within employee compensation and benefits expense and other production, distribution and operating costs expense, respectively. The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less and contracts for which revenue is recognized at the amount invoiced for services performed.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Taxes [Abstract]
Income Taxes	Note 4: Income Taxes The Company calculated the income tax provision (benefit) for the 2022 and 2021 interim periods using an estimated annual effective tax rate based on its expected annual loss before income taxes, adjusted for permanent differences, which it applied to the year-to-date loss before income taxes and specific events that are discretely recognized as they occur. The Company recognized an income tax provision (benefit) of $ 201 and $( 2,384 ) for the three months ended September 30, 2022 and 2021, respectively, and $ 550 and $( 1,982 ) for the nine months ended September 30, 2022 and 2021, respectively. Effective income tax rates were ( 7.8 ) percent and 43.1 percent for the nine months ended September 30, 2022 and 2021, respectively. The income tax provision for the three and nine months ended September 30, 2022, was due to the effect of the Texas franchise tax. The income tax benefit for the three and nine months ended September 30, 2021, was due to the release of $ 2,575 , included in other liabilities, for a federal uncertain tax reserve resulting from the statute of limitations lapsing in August 2021, partially offset by the effect of the Texas franchise tax. In connection with the release of a federal uncertain tax reserve, the Company released a reserve for interest included in other liabilities and recognized $ 548 in other income (loss), net in the three months ended September 30, 2021. The American Rescue Plan Act of 2021 (the “ARP Act”), was passed and signed into law on March 11, 2021, and was designed to speed up the United States’ economic recovery. The ARP Act contains many provisions, including direct cash payments to eligible taxpayers below specified income limits, extended unemployment insurance benefits, additional relief designed to prevent layoffs and business closures at small businesses, and pension relief provisions. The pension relief provisions include extending the interest rate relief passed in previous years, permanently adding a floor to funding interest rates, and permanently changing the amortization period for pension underfunding from 7 to 15 years. All provisions are required to be effective for plan years beginning in 2022, but plan sponsors can elect certain provisions to apply to plan years beginning as early as 2019. The Company benefited from the shortfall amortization relief provisions and the segment interest rate relief provisions contained in the ARP Act effective for the 2020 plan year. On August 9, 2022, the CHIPS and Science Act of 2022 (“the CHIPS Act”) was enacted and signed into law. The CHIPS Act is legislation that is designed to boost domestic semiconductor manufacturing and encourage US research activities through federal funding and tax credits that will not have a material impact on the Company’s consolidated financial statements. On August 16, 2022, the Inflation Reduction Act (the “Act”) was enacted and signed into law. The Act is a budget reconciliation package that includes significant law changes relating to tax, climate change, energy, and health care. The tax provisions include, among other items, a corporate alternative minimum tax of 15 percent, an excise tax of 1 percent on corporate stock buy-backs, energy-related tax credits, and additional IRS funding. The Company does not expect the tax provisions to have a material impact on its consolidated financial statements.

Pension and Other Retirement Pl

Pension and Other Retirement Plans	9 Months Ended
	Sep. 30, 2022
Pension and Other Retirement Plans [Abstract]
Pension and Other Retirement Plans	Note 5: Pension and Other Retirement Plans Defined Benefit Plans. The Company sponsors the DallasNews Corporation Pension Plans (the “Pension Plans”), formerly the A. H. Belo Pension Plans, which provide benefits to approximately 1,350 current and former employees of the Company. DallasNews Pension Plan I provides benefits to certain current and former employees primarily employed with The Dallas Morning News or the DallasNews corporate offices. DallasNews Pension Plan II provides benefits to certain former employees of The Providence Journal Company. This obligation was retained by the Company upon the sale of the newspaper operations of The Providence Journal . No additional benefits are accruing under the DallasNews Pension Plans, as future benefits were frozen. No contributions are required to the DallasNews Pension Plans in 2022 under the applicable tax and labor laws governing pension plan funding. On August 31, 2022, the Company made a board approved voluntary contribution of $ 5,000 to the Pension Plans, reflected in long-term pension liabilities in the Consolidated Balance Sheet. Net Periodic Pension Expense (Benefit) The Company’s estimates of net periodic pension expense or benefit are based on the expected return on plan assets, interest on the projected benefit obligations and the amortization of actuarial gains and losses that are deferred in accumulated other comprehensive loss. Participation in and accrual of new benefits to participants has been frozen since 2007 and, accordingly, on-going service costs are not a component of net periodic pension expense (benefit). For 2022, b ased on the re-allocation of the Pension Plans’ assets, the Company assumed a lower rate of return on the assets resulting in net periodic pension expense. The table below sets forth components of net periodic pension expense (benefit), which are included in other income (loss), net in the Consolidated Statements of Operations. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Interest cost $ 1,328 $ 1,174 $ 3,983 $ 3,522 Expected return on plans' assets ( 1,237 ) ( 2,574 ) ( 3,711 ) ( 7,723 ) Amortization of actuarial loss 131 361 394 1,083 Net periodic pension expense (benefit) $ 222 $ ( 1,039 ) $ 666 $ ( 3,118 ) Defined Contribution Plans. The DallasNews Savings Plan (the “Savings Plan”), a defined contribution 401(k) plan, covers substantially all employees of DallasNews. Participants may elect to contribute a portion of their pretax compensation as provided by the Savings Plan and the Internal Revenue Code. Employees can contribute up to 100 percent of their annual eligible compensation less required withholdings and deductions up to statutory limits. The Company provides an ongoing dollar-for-dollar match of eligible employee contributions, up to 1.5 percent of the employees’ compensation. Aggregate expense for matching contributions to the Savings Plan was $ 178 and $ 175 for the three months ended September 30, 2022 and 2021, respectively, and $ 567 and $ 568 for the nine months ended September 30, 2022 and 2021, respectively.

Shareholders' Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2022
Shareholders' Equity [Abstract]
Shareholders' Equity	Note 6: Shareholders’ Equity Reverse Stock Split. T he Company’s board of directors approved a one-for-four reverse stock split of its issued, outstanding and treasury shares of common stock, par value $ 0.01 per share, which became effective June 8, 2021. See Note 1 – Basis of Presentation and Recently Issued Accounting Standards for additional information. Dividends. On August 22, 2022 , the Company’s board of directors declared a special, one-time $ 1.50 per share dividend to shareholders of record as of the close of business on September 9, 2022 , which was paid on September 30, 2022 , returning $ 8,029 to shareholders. On September 22, 2022 , the Company’s board of directors declared a $ 0.16 per share dividend to shareholders of record as of the close of business on November 10, 2022 , which is payable on December 2, 2022 . Outstanding Shares. The Company had Series A and Series B common stock outstanding of 4,737,743 and 614,747 , respectively, net of treasury shares at September 30, 2022. At December 31, 2021, the Company had Series A and Series B common stock outstanding of 4,737,580 and 614,910 , respectively, net of treasury shares. Accumulated Other Comprehensive Loss. Accumulated other comprehensive loss consists of actuarial gains and losses attributable to the DallasNews Pension Plans, gains and losses resulting from Pension Plans’ amendments and other actuarial experience attributable to other post-employment benefit (“OPEB”) plans. The Company records amortization of the components of accumulated other comprehensive loss in other income (loss), net in its Consolidated Statements of Operations. Gains and losses are amortized over the weighted average remaining life expectancy of the OPEB plans and Pension Plans’ participants. The tables below set forth the changes in accumulated other comprehensive loss, net of tax, as presented in the Company’s consolidated financial statements. Three Months Ended September 30, 2022 2021 Total Defined benefit pension plans Other post- employment benefit plans Total Defined benefit pension plans Other post- employment benefit plans Balance, beginning of period $ ( 32,145 ) $ ( 32,222 ) $ 77 $ ( 31,748 ) $ ( 31,849 ) $ 101 Amortization 130 131 ( 1 ) 360 361 ( 1 ) Balance, end of period $ ( 32,015 ) $ ( 32,091 ) $ 76 $ ( 31,388 ) $ ( 31,488 ) $ 100 Nine Months Ended September 30, 2022 2021 Total Defined benefit pension plans Other post- employment benefit plans Total Defined benefit pension plans Other post- employment benefit plans Balance, beginning of period $ ( 32,406 ) $ ( 32,485 ) $ 79 $ ( 32,468 ) $ ( 32,571 ) $ 103 Amortization 391 394 ( 3 ) 1,080 1,083 ( 3 ) Balance, end of period $ ( 32,015 ) $ ( 32,091 ) $ 76 $ ( 31,388 ) $ ( 31,488 ) $ 100

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Note 7: Earnings Per Share The table below sets forth the net income (loss) available to common shareholders and weighted average shares used for calculating basic earnings per share (“EPS”). The Company’s Series A and Series B common stock equally share in the distributed and undistributed earnings. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Earnings (Numerator) Net income (loss) available to common shareholders $ ( 2,586 ) $ 1,631 $ ( 7,645 ) $ ( 2,616 ) Shares (Denominator) Weighted average common shares outstanding (basic) 5,352,490 5,352,490 5,352,490 5,352,490 Income (Loss) Per Share Basic $ ( 0.48 ) $ 0.30 $ ( 1.43 ) $ ( 0.49 ) There were no options or RSUs outstanding as of September 30, 2022 and 2021, that would result in dilution of shares or the calculation of EPS under the two-class method as prescribed under ASC 260 – Earnings Per Share .

Contingencies

Contingencies	9 Months Ended
	Sep. 30, 2022
Contingencies [Abstract]
Contingencies	Note 8: Contingencies Legal proceedings. From time to time, the Company is involved in a variety of claims, lawsuits and other disputes arising in the ordinary course of business. Management routinely assesses the likelihood of adverse judgments or outcomes in these matters, as well as the ranges of probable losses to the extent losses are reasonably estimable. Accruals for contingencies are recorded when, in the judgment of management, adverse judgments or outcomes are probable and the financial impact, should an adverse outcome occur, is reasonably estimable. The determination of likely outcomes of litigation matters relates to factors that include, but are not limited to, past experience and other evidence, interpretation of relevant laws or regulations and the specifics and status of each matter. Predicting the outcome of claims and litigation and estimating related costs and financial exposure involves substantial uncertainties that could cause actual results to vary materially from estimates and accruals. In the opinion of management, liabilities, if any, arising from other currently existing claims against the Company would not have a material adverse effect on DallasNews’ results of operations, liquidity or financial condition.

Disposal of Assets

Disposal of Assets	9 Months Ended
	Sep. 30, 2022
Disposal of Assets [Abstract]
Disposal of Assets	Note 9: Disposal of Assets In May 2019, the Company finalized a Purchase and Sale Agreement with Charter DMN Holdings, LP (the “Purchaser”) for the sale of the real estate assets in downtown Dallas, Texas, previously used as the Company’s headquarters for a sale price of $ 28,000 and a pretax gain of $ 25,908 . The sale price consisted of $ 4,597 cash received, after selling costs of approximately $ 1,000 , and a two year seller-financed promissory note of $ 22,400 (the “Promissory Note”), included in current notes receivable in the December 31, 2021 Consolidated Balance Sheet . Effective June 30, 2022, the Company and the Purchaser entered into an agreement extending the maturity date of the Promissory Note to July 29, 2022 (the “Third Modification Agreement”). The unpaid, original principal balance of the Promissory Note accrued interest at the rate of 6.5 percent. On July 29, 2022, the Company was paid in full, receiving cash proceeds of $ 22,516 , including interest, due from the Purchaser under the Third Modification Agreement In the three months ended September 30, 2022 and 2021, the Company recorded $ 116 and $ 254 , respectively, and $ 616 and $ 774 in the nine months ended September 30, 2022 and 2021, respectively, of interest income related to the Promissory Note, included in other income (loss), net in the Consolidated Statements of Operations. Notes receivable are recorded net of an allowance for doubtful accounts. Interest income is accrued on the unpaid principal balance, included in accounts receivable in the Consolidated Balance Sheets. The Company puts notes receivable on non-accrual status and provides an allowance against accrued interest if it is determined the likelihood of collecting substantially all of the note and accrued interest is not probable. Notes are written-off against the allowance when all possible means of collection have been exhausted and the potential for recovery is considered remote. As of December 31, 2021, there was no allowance recorded for the notes receivable or accrued interest receivable.

Basis of Presentation and Rec_2

Basis of Presentation and Recently Issued Accounting Standards (Policy)	9 Months Ended
	Sep. 30, 2022
Basis of Presentation and Recently Issued Accounting Standards [Abstract]
Description of Business, Policy	Description of Business. DallasNews Corporation, formerly A. H. Belo Corporation, and its subsidiaries are referred to collectively herein as “DallasNews” or the “Company.” DallasNews was formed in February 2008 through a spin-off from its former parent company and is registered on The Nasdaq Stock Market LLC (Nasdaq trading symbol: DALN). DallasNews is the Dallas-based holding company of The Dallas Morning News and Medium Giant. The Company operates The Dallas Morning News ( dallasnews.com ), Texas’ leading newspaper and winner of nine Pulitzer Prizes, and various niche publications targeting specific audiences. These operations generate revenue from sales of advertising within the Company’s newspaper and digital platforms, subscriptions and retail sales of its newspapers, commercial printing and distribution services primarily related to national newspapers, and preprint advertising. In addition, the Company has a full-service agency, Medium Giant, with capabilities including strategy, creative and media management with a focus on strategic and digital marketing, and data intelligence that provide a measurable return on investment to its clients. Name Change and Stock Exchange Listing. The Company transferred its stock exchange listing from the New York Stock Exchange (“NYSE”) to The Nasdaq Stock Market LLC (“Nasdaq”) and changed its corporate name to DallasNews Corporation. The listing and trading of the Company’s Series A common stock on the NYSE ceased trading at market close on June 28, 2021, and began trading on Nasdaq at market open on June 29, 2021, under the ticker symbol “DALN.”
Reverse Stock Split, Policy	Reverse Stock Split. In May 2021, at the Company’s 2021 annual meeting of shareholders, its shareholders approved a reverse stock split at a ratio of not less than one-for-three and not more than one-for-five , with the exact ratio to be determined by the Company’s board of directors. Following the annual meeting, the Company’s board of directors approved a one-for-four reverse stock split of its issued, outstanding and treasury shares of common stock, par value $ 0.01 per share, which became effective June 8, 2021. As a result, every four shares of the Company’s issued and outstanding Series A common stock and Series B common stock (and any such shares held in treasury) were converted into one share of Series A common stock and Series B common stock, respectively. All fractional shares were settled in cash in connection with the reverse stock split on June 9, 2021. The par value of the Series A and Series B common stock was not adjusted as a result of the reverse stock split and the Company reclassified an amount equal to the reduction in the number of Company shares at par value to additional paid-in capital.
COVID-19 Pandemic, Policy	COVID-19 Pandemic. Beginning in early 2020, the COVID-19 pandemic impacted, and may continue to impact, the Company’s customers, distribution partners, advertisers, production facilities, and third parties, and could result in additional loss of advertising revenue or supply chain disruption. If the pandemic were to affect a significant number of the workforce employed in printing operations, the Company may experience delays or be unable to produce, print and deliver its publications and other third-party print publications on a timely basis. The Company continues to evaluate for any future material impacts on its consolidated financial statements.
Basis of Presentation, Policy	Basis of Presentation. The interim consolidated financial statements included herein are unaudited; however, they include adjustments of a normal recurring nature which, in the Company’s opinion, are necessary to present fairly the consolidated financial information as of and for the periods indicated in conformity with accounting principles generally accepted in the United States of America (“GAAP”) applicable to interim periods. All intercompany balances and transactions have been eliminated in consolidation. The Company consolidates its majority owned subsidiaries over which the Company exercises control. These financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021. All dollar amounts presented herein, except share and per share amounts, are in thousands, unless the context indicates otherwise.
Use of Estimates, Policy	Use of Estimates. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect (i) the reported amounts of assets and liabilities, (ii) the disclosure of contingent assets and liabilities known to exist as of the date the financial statements are published, and (iii) the reported amount of net operating revenues and expenses recognized during the periods presented. Adjustments made with respect to the use of estimates often relate to improved information not previously available. Uncertainties with respect to such estimates and assumptions are inherent in the preparation of financial statements; accordingly, actual results could differ from these estimates. Areas where estimates are used include valuation allowances for doubtful accounts, fair value measurements, pension plan assets, pension and other post-employment benefit obligation assumptions, income taxes, leases, self-insured liabilities, and assumptions related to long-lived assets impairment review.
Segment Presentation, Policy	Segment Presentation. Based on the Company’s structure and organizational chart, the Company’s chief operating decision-maker (the “CODM”) is its Chief Executive Officer, Grant S. Moise. B ased on how the Company’s CODM makes decisions about allocating resources and assessing performance, the Company determined it has one reportable segment.
New Accounting Pronouncements, Policy	New Accounting Pronouncements. The Financial Accounting Standards Board (“FASB”) issued the following accounting pronouncements and guidance, which may be applicable to the Company but have not yet become effective. In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13 – Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. This update requires financial assets measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectibility of the reported amount. Since June 2016, the FASB issued clarifying updates to the new standard including changing the effective date for smaller reporting companies. The guidance will be effective for fiscal years beginning after December 15, 2022, and interim periods within those fiscal years. Early adoption is permitted. The Company currently anticipates adopting this ASU on January 1, 2023, using the modified retrospective approach and does not expect a material impact on its consolidated financial statements.

Pension And Other Retirement _2

Pension And Other Retirement Plans (Policy)	9 Months Ended
	Sep. 30, 2022
Pension and Other Retirement Plans [Abstract]
Pension, Policy	The Company’s estimates of net periodic pension expense or benefit are based on the expected return on plan assets, interest on the projected benefit obligations and the amortization of actuarial gains and losses that are deferred in accumulated other comprehensive loss.

Shareholders' Equity (Policy)

Shareholders' Equity (Policy)	9 Months Ended
	Sep. 30, 2022
Shareholders' Equity [Abstract]
Shareholders' Equity, Policy	Accumulated Other Comprehensive Loss. Accumulated other comprehensive loss consists of actuarial gains and losses attributable to the DallasNews Pension Plans, gains and losses resulting from Pension Plans’ amendments and other actuarial experience attributable to other post-employment benefit (“OPEB”) plans. The Company records amortization of the components of accumulated other comprehensive loss in other income (loss), net in its Consolidated Statements of Operations. Gains and losses are amortized over the weighted average remaining life expectancy of the OPEB plans and Pension Plans’ participants.

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue [Abstract]
Disaggregated by Revenue Source	Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Advertising and Marketing Services Print advertising $ 11,069 $ 11,236 $ 33,082 $ 34,727 Digital advertising and marketing services 6,456 6,865 18,164 18,744 Total $ 17,525 $ 18,101 $ 51,246 $ 53,471 Circulation Print circulation $ 12,746 $ 13,661 $ 38,863 $ 41,455 Digital circulation 3,484 2,496 9,713 6,817 Total $ 16,230 $ 16,157 $ 48,576 $ 48,272 Printing, Distribution and Other $ 3,933 $ 4,053 $ 11,726 $ 12,051 Total Revenue $ 37,688 $ 38,311 $ 111,548 $ 113,794

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Schedule of Supplemental Consolidated Balance Sheet Information for Leases	Classification September 30, 2022 December 31, 2021 Assets Operating Operating lease right-of-use assets $ 15,449 $ 17,648 Liabilities Operating Current Other accrued expense $ 1,945 $ 2,430 Noncurrent Long-term operating lease liabilities 16,815 19,181 Total lease liabilities $ 18,760 $ 21,611 Lease Term and Discount Rate Operating leases Weighted average remaining lease term (years) 10.1 10.2 Weighted average discount rate (%) 7.7 7.5
Schedule of Components of Lease Cost and Supplemental Cash Flow Information for Leases	Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Lease Cost Operating lease cost $ 991 $ 1,075 $ 3,096 $ 3,226 Short-term lease cost 29 — 48 — Variable lease cost 156 194 496 518 Sublease income ( 257 ) ( 256 ) ( 898 ) ( 741 ) Total lease cost $ 919 $ 1,013 $ 2,742 $ 3,003 Supplemental Cash Flow Information Cash paid for operating leases included in operating activities $ 3,180 $ 3,249 Right-of-use assets obtained in exchange for operating lease liabilities 424 —
Schedule of Remaining Maturities of Lease Liabilities	Years Ending December 31, Operating Leases 2022 $ 697 2023 3,202 2024 2,348 2025 2,315 2026 2,366 Thereafter 16,719 Total lease payments 27,647 Less: imputed interest 8,887 Total lease liabilities $ 18,760

Pension and Other Retirement _3

Pension and Other Retirement Plans (Tables)	9 Months Ended
	Sep. 30, 2022
Pension and Other Retirement Plans [Abstract]
Schedule of Net Periodic Pension Benefit	Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Interest cost $ 1,328 $ 1,174 $ 3,983 $ 3,522 Expected return on plans' assets ( 1,237 ) ( 2,574 ) ( 3,711 ) ( 7,723 ) Amortization of actuarial loss 131 361 394 1,083 Net periodic pension expense (benefit) $ 222 $ ( 1,039 ) $ 666 $ ( 3,118 )

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2022
Shareholders' Equity [Abstract]
Changes in Accumulated Other Comprehensive Loss	Three Months Ended September 30, 2022 2021 Total Defined benefit pension plans Other post- employment benefit plans Total Defined benefit pension plans Other post- employment benefit plans Balance, beginning of period $ ( 32,145 ) $ ( 32,222 ) $ 77 $ ( 31,748 ) $ ( 31,849 ) $ 101 Amortization 130 131 ( 1 ) 360 361 ( 1 ) Balance, end of period $ ( 32,015 ) $ ( 32,091 ) $ 76 $ ( 31,388 ) $ ( 31,488 ) $ 100 Nine Months Ended September 30, 2022 2021 Total Defined benefit pension plans Other post- employment benefit plans Total Defined benefit pension plans Other post- employment benefit plans Balance, beginning of period $ ( 32,406 ) $ ( 32,485 ) $ 79 $ ( 32,468 ) $ ( 32,571 ) $ 103 Amortization 391 394 ( 3 ) 1,080 1,083 ( 3 ) Balance, end of period $ ( 32,015 ) $ ( 32,091 ) $ 76 $ ( 31,388 ) $ ( 31,488 ) $ 100

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Earnings (Numerator) Net income (loss) available to common shareholders $ ( 2,586 ) $ 1,631 $ ( 7,645 ) $ ( 2,616 ) Shares (Denominator) Weighted average common shares outstanding (basic) 5,352,490 5,352,490 5,352,490 5,352,490 Income (Loss) Per Share Basic $ ( 0.48 ) $ 0.30 $ ( 1.43 ) $ ( 0.49 )

Basis of Presentation and Rec_3

Basis of Presentation and Recently Issued Accounting Standards (Narrative) (Details)			9 Months Ended
	Jun. 08, 2021 $ / shares shares	May 13, 2021	Sep. 30, 2022 $ / shares	Dec. 31, 2021 $ / shares
Basis of Presentation and Recently Issued Accounting Standards
Reverse stock split at a ratio, description			In May 2021, at the Company’s 2021 annual meeting of shareholders, its shareholders approved a reverse stock split at a ratio of not less than one-for-three and not more than one-for-five, with the exact ratio to be determined by the Company’s board of directors.
Reverse stock split conversion ratio	0.25
Common stock, par value | $ / shares	$ 0.01		$ 0.01	$ 0.01
Reverse Stock Split [Member]
Basis of Presentation and Recently Issued Accounting Standards
Number of common stock outstanding combined into one share | shares	4
Minimum
Basis of Presentation and Recently Issued Accounting Standards
Reverse stock split conversion ratio		0.33
Maximum
Basis of Presentation and Recently Issued Accounting Standards
Reverse stock split conversion ratio		0.20

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Deferred revenue, revenue recognized	$ 271	$ 9,650
Minimum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation expected timing of revenue recognition		1 month
Maximum
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue remaining performance obligation expected timing of revenue recognition		12 months

Revenue (Disaggregated by Reven

Revenue (Disaggregated by Revenue Source) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenues	$ 37,688	$ 38,311	$ 111,548	$ 113,794
Print Advertising [Member]
Disaggregation of Revenue [Line Items]
Revenues	11,069	11,236	33,082	34,727
Digital Advertising and Marketing Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	6,456	6,865	18,164	18,744
Advertising And Marketing Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	17,525	18,101	51,246	53,471
Print Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	12,746	13,661	38,863	41,455
Digital Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,484	2,496	9,713	6,817
Circulation [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,230	16,157	48,576	48,272
Printing, Distribution And Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 3,933	$ 4,053	$ 11,726	$ 12,051

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2023	Dec. 31, 2021
Asset impairments	$ 102,000	$ 232,000	$ 102,000	$ 232,000
Operating lease assets			15,449,000			$ 17,648,000
Operating lease liabilities			$ 18,760,000			$ 21,611,000
Operating lease, lease not yet commenced, term of contract			3 years
Forecast [Member]
Operating lease assets					$ 810,000
Operating lease liabilities					$ 810,000
Leases with terms of 12 months or less [Member]
Operating lease assets			$ 0
Operating lease liabilities			$ 0
Office Space Subleases [Member]
Operating leases remaining terms			1 year
Sublease [Member]
Sublease income expected for the remainder of 2022			$ 230,000
Sublease income expected in 2023			640,000
Sublease income expected in 2024			$ 5,000
Minimum
Operating lease term			1 year
Operating leases remaining terms			1 year
Minimum | Distributors Sublease [Member]
Operating leases remaining terms			1 year
Maximum
Operating leases remaining terms			12 years
Maximum | Distributors Sublease [Member]
Operating leases remaining terms			2 years

Leases (Schedule of Supplementa

Leases (Schedule of Supplemental Consolidated Balance Sheet Information for Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 15,449	$ 17,648
Operating lease liabilities current	1,945	2,430
Operating lease liabilities noncurrent	16,815	19,181
Total lease liabilities	$ 18,760	$ 21,611
Operating leases weighted average remaining lease term (years)	10 years 1 month 6 days	10 years 2 months 12 days
Operating leases weighted average discount rate	7.70%	7.50%

Leases (Schedule of Components

Leases (Schedule of Components of Lease Cost and Supplemental Cash Flow Information for Leases) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Lease, Cost [Abstract]
Operating lease cost	$ 991	$ 1,075	$ 3,096	$ 3,226
Short-term lease cost	29		48
Variable lease cost	156	194	496	518
Sublease income	(257)	(256)	(898)	(741)
Total lease cost	$ 919	$ 1,013	2,742	3,003
Cash paid for operating leases included in operating activities			3,180	$ 3,249
Right-of-use assets obtained in exchange for operating lease liabilities			$ 424

Leases (Schedule of Remaining M

Leases (Schedule of Remaining Maturities of Lease Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2022	$ 697
2023	3,202
2024	2,348
2025	2,315
2026	2,366
Thereafter	16,719
Total lease payments	27,647
Less: imputed interest	8,887
Total lease liabilities	$ 18,760	$ 21,611

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
	Aug. 16, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax [Line Items]
Income tax provision (benefit)		$ 201	$ (2,384)	$ 550	$ (1,982)
Effective income tax rate				(7.80%)	43.10%
Tax benefit recognized from the release of a federal uncertain tax reserve					$ 2,575
Interest income recognized from the release of a federal uncertain tax reserve					$ 548
Minimum
Income Tax [Line Items]
Amortization period for pension underfunding				7 years
Maximum
Income Tax [Line Items]
Amortization period for pension underfunding				15 years
Inflation Reduction Act [Member]
Income Tax [Line Items]
Corporate alternative minimum tax rate	15%
Excise tax rate	1%

Pension and Other Retirement _4

Pension and Other Retirement Plans (Narrative) (Details)		3 Months Ended		9 Months Ended
	Aug. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) employee	Sep. 30, 2021 USD ($)
Defined Contribution Plans
Expense recognized		$ 178,000	$ 175,000	$ 567,000	$ 568,000
401(K) plan
Defined Contribution Plans
Maximum pretax contribution per employee				100%
Defined contribution plan, employer matching contribution, percent				1.50%
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Number of employee participants | employee				1,350
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 5,000
Defined Benefit Plan, Estimated Future Employer Contributions
Estimated future employer contributions		$ 0		$ 0

Pension and Other Retirement _5

Pension and Other Retirement Plans (Schedule of Net Periodic Pension Benefit) (Details) - Pension Plan [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 1,328	$ 1,174	$ 3,983	$ 3,522
Expected return on plans' assets	(1,237)	(2,574)	(3,711)	(7,723)
Amortization of actuarial loss	131	361	394	1,083
Net periodic pension expense (benefit)	$ 222	$ (1,039)	$ 666	$ (3,118)

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details)						9 Months Ended
	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 22, 2022 $ / shares	Sep. 09, 2022	Aug. 22, 2022 $ / shares	Jun. 08, 2021 $ / shares	Sep. 30, 2022 USD ($) $ / shares shares	Sep. 30, 2021 USD ($)	Dec. 31, 2021 $ / shares shares
Shareholders' Equity [Line Items]
Reverse stock split conversion ratio					0.25
Common stock, par value | $ / shares	$ 0.01				$ 0.01	$ 0.01		$ 0.01
Dividends payable, amount per share | $ / shares		$ 0.16		$ 1.50
Dividends paid | $						$ 10,598,000	$ 2,568,000
Dividends payable, date declared		Sep. 22, 2022		Aug. 22, 2022
Dividends payable, date of record		Nov. 10, 2022	Sep. 09, 2022
Dividends payable, date of payment	Sep. 30, 2022	Dec. 02, 2022
Special Dividend [Member]
Shareholders' Equity [Line Items]
Dividends paid | $	$ 8,029
Series A [Member]
Shareholders' Equity [Line Items]
Common stock, shares, outstanding | shares	4,737,743					4,737,743		4,737,580
Series B [Member]
Shareholders' Equity [Line Items]
Common stock, shares, outstanding | shares	614,747					614,747		614,910

Shareholders' Equity (Changes i

Shareholders' Equity (Changes in Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	$ (32,145)	$ (31,748)	$ (32,406)	$ (32,468)
Amortization	130	360	391	1,080
Balance, end of period	(32,015)	(31,388)	(32,015)	(31,388)
Pension Plan [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	(32,222)	(31,849)	(32,485)	(32,571)
Amortization	131	361	394	1,083
Balance, end of period	(32,091)	(31,488)	(32,091)	(31,488)
Other Post-Employment Benefit Plans [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance, beginning of period	77	101	79	103
Amortization	(1)	(1)	(3)	(3)
Balance, end of period	$ 76	$ 100	$ 76	$ 100

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	0	0

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Share Reconciliation) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net income (loss) available to common shareholders	$ (2,586)	$ 1,631	$ (7,645)	$ (2,616)
Shares (Denominator)
Weighted average common shares outstanding (basic)	5,352,490	5,352,490	5,352,490	5,352,490
Income (Loss) Per Share
Basic	$ (0.48)	$ 0.30	$ (1.43)	$ (0.49)

Disposal of Assets (Narrative)

Disposal of Assets (Narrative) (Details) - USD ($)		1 Months Ended	3 Months Ended		6 Months Ended	9 Months Ended
	Jul. 29, 2022	May 31, 2019	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2022	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received						$ 22,400,000	$ 375,000
Proceeds from sale of assets							1,000
(Loss) gain on sale/disposal of assets, net				$ (30,000)			(29,000)
Current notes receivable								$ 22,400,000
Charter DMN Holdings, LP [Member] | Dallas, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sale of real estate assets, amount		$ 28,000,000
Proceeds from sale of assets		4,597,000
Real estate assets selling costs		$ 1,000,000
Notes receivable term		2 years
(Loss) gain on sale/disposal of assets, net		$ 25,908,000
Current notes receivable		$ 22,400,000
Interest income			$ 116,000	$ 254,000		$ 616,000	$ 774,000
Allowance for notes receivable								$ 0
Third Modification Agreement [Member] | Charter DMN Holdings, LP [Member] | Dallas, Texas [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash received	$ 22,516,000
Interest rate on unpaid original principal balance of Promissory Note					6.50%
Note receivable, due date					Jul. 29, 2022