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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt and Senior Notes
Long-term debt outstanding at December 31, 2023 and 2022 consisted of the following:
(In thousands)December 31,
2023		December 31,
2022
Term Loan Facility Due 2026(1),(2)
$1,260,000 $1,935,000 
Revolving Credit Facility Due 2026
— — 
Receivables-Based Credit Facility Due 2026
— — 
Clear Channel Outdoor Holdings 5.125% Senior Secured Notes Due 2027
1,250,000 1,250,000 
Clear Channel Outdoor Holdings 9.000% Senior Secured Notes Due 2028(2)
750,000 — 
Clear Channel Outdoor Holdings 7.750% Senior Notes Due 2028(3)
995,000 1,000,000 
Clear Channel Outdoor Holdings 7.500% Senior Notes Due 2029(3)
1,040,000 1,050,000 
Clear Channel International B.V. 6.625% Senior Secured Notes Due 2025
375,000 375,000 
Finance leases
4,202 4,682 
Original issue discount(2,690)(5,596)
Long-term debt fees(39,609)(47,185)
Total debt5,631,903 5,561,901 
Less: Current portion(1)
612 21,203 
Total long-term debt$5,631,291 $5,540,698 
(1)In accordance with the terms of the Senior Secured Credit Agreement, the Company paid $10.0 million of the outstanding principal on the Term Loan Facility during the first half of 2023. In August 2023, the Company made a prepayment, described in note (2) to this table, that satisfied the remaining quarterly payment obligations. As such, the entire remaining balance is due in 2026 and is classified as non-current on the Consolidated Balance Sheet at December 31, 2023.
(2)On August 22, 2023, the Company issued $750.0 million aggregate principal amount of 9.000% Senior Secured Notes due 2028. On the same date, the Company used a portion of the net proceeds from this issuance to prepay $665.0 million of outstanding principal on the Term Loan Facility, which the Company repurchased at a 1% discount. The Company paid costs of $12.3 million related to these transactions.
(3)In September 2023, the Company repurchased in the open market $5.0 million of the CCOH 7.750% Senior Notes and $10.0 million of the CCOH 7.500% Senior Notes at a discount, resulting in a gain on extinguishment of $3.2 million. The repurchased notes are held by a subsidiary of the Company and have not been cancelled.
Schedule of Future Maturities of Long-Term Debt
Future maturities of total long-term debt as of December 31, 2023 are as follows:
(in thousands)
2024$612 
2025375,483 
20261,260,454 
20271,250,465 
20281,745,399 
Thereafter1,041,789 
Total(1)
$5,674,202 
(1)Excludes original issue discount and long-term debt fees of $2.7 million and $39.6 million, respectively, which are amortized through interest expense over the life of the underlying debt obligations.