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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2017	Jul. 27, 2017
Document and Entity Information [Abstract]
Entity Registrant Name	SHENANDOAH TELECOMMUNICATIONS CO/VA/
Entity Central Index Key	0000354963
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		49,125,226

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 59,774	$ 36,193
Accounts receivable, net of allowance of $436 and $449, respectively	65,797	69,789
Income taxes receivable	1,739	0
Inventory, net	13,994	39,043
Prepaid expenses and other	16,765	16,440
Total current assets	158,069	161,465
Investments, including $3,137 and $2,907 carried at fair value	10,849	10,276
Property, plant and equipment, net	679,463	698,122
Other Assets
Intangible assets, net	436,656	454,532
Goodwill	146,497	145,256
Deferred charges and other assets, net	11,465	14,756
Total assets	1,442,999	1,484,407
Current Liabilities
Current maturities of long-term debt, net of unamortized loan fees	44,247	32,041
Accounts payable	22,433	72,810
Advanced billings and customer deposits	20,883	20,427
Accrued compensation	7,100	9,465
Income taxes payable	0	435
Accrued liabilities and other	17,552	29,085
Total current liabilities	112,215	164,263
Long-term debt, less current maturities, net of unamortized loan fees	799,782	797,224
Other Long-Term Liabilities
Deferred income taxes	143,197	151,837
Deferred lease payable	20,303	18,042
Asset retirement obligations	18,367	15,666
Retirement plan obligations	17,973	17,738
Other liabilities	32,499	23,743
Total other long-term liabilities	232,339	227,026
Commitments and Contingencies
Shareholders’ Equity
Common stock	46,766	45,482
Retained earnings	245,885	243,624
Accumulated other comprehensive income, net of taxes	6,012	6,788
Total shareholders’ equity	298,663	295,894
Total liabilities and shareholders’ equity	$ 1,442,999	$ 1,484,407

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Current Assets
Allowance for doubtful accounts	$ 436	$ 449
Investments carried at fair value	$ 3,137	$ 2,907

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References + Details

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Income Statement [Abstract]
Operating revenues	$ 153,258	$ 130,309	$ 307,138	$ 222,880
Operating expenses:
Cost of goods and services, exclusive of depreciation and amortization shown separately below	53,381	50,296	107,142	82,057
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	43,022	33,694	83,175	55,120
Integration and acquisition expenses	3,678	20,054	8,167	20,386
Depreciation and amortization	44,925	32,415	89,729	50,154
Total operating expenses	145,006	136,459	288,213	207,717
Operating income (loss)	8,252	(6,150)	18,925	15,163
Other income (expense):
Interest expense	(9,389)	(5,904)	(18,489)	(7,524)
Gain on investments, net	73	21	193	109
Non-operating income, net	1,224	146	2,479	614
Income (loss) before income taxes	160	(11,887)	3,108	8,362
Income tax expense (benefit)	240	(4,892)	847	1,477
Net income (loss)	(80)	(6,995)	2,261	6,885
Other comprehensive income (loss):
Unrealized loss on interest rate hedge, net of tax	(1,375)	(3,238)	(776)	(4,285)
Comprehensive income (loss)	$ (1,455)	$ (10,233)	$ 1,485	$ 2,600
Earnings (loss) per share:
Basic (in dollars per share)	$ 0.00	$ (0.14)	$ 0.05	$ 0.14
Diluted (in dollars per share)	$ 0.00	$ (0.14)	$ 0.05	$ 0.14
Weighted average shares outstanding, basic (in shares)	49,115	48,830	49,083	48,696
Weighted average shares outstanding, diluted (in shares)	49,115	48,830	49,850	49,415

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income, net of tax
Beginning balance (in shares) at Dec. 31, 2015		48,475
Beginning balance at Dec. 31, 2015	$ 289,938	$ 32,776	$ 256,747	$ 415
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(895)		(895)
Other comprehensive gain (loss), net of tax	6,373			6,373
Dividends declared ($0.25 per share)	(12,228)		(12,228)
Dividends reinvested in common stock (in shares)		19
Dividends reinvested in common stock	524	$ 524
Stock based compensation	3,506	$ 3,506
Stock options exercised (in shares)		371
Stock options exercised	3,359	$ 3,359
Common stock issued for share awards (in shares)		190
Common stock issued for share awards	0
Common stock issued (in shares)		2
Common stock issued	14	$ 14
Common stock issued to acquire non-controlling interests of nTelos (in shares)		76
Common stock issued to acquire non-controlling interests of nTelos	10,400	$ 10,400
Common stock repurchased (in shares)		(198)
Common stock repurchased	(5,097)	$ (5,097)
Ending balance (in shares) at Dec. 31, 2016		48,935
Ending balance at Dec. 31, 2016	295,894	$ 45,482	243,624	6,788
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	2,261		2,261
Other comprehensive gain (loss), net of tax	(776)			(776)
Stock based compensation	2,805	$ 2,805
Stock options exercised (in shares)		15
Stock options exercised	108	$ 108
Common stock issued for share awards (in shares)		153
Common stock issued (in shares)		1
Common stock issued	10	$ 10
Common stock issued to acquire non-controlling interests of nTelos (in shares)		76
Common stock issued to acquire non-controlling interests of nTelos	0	$ 0
Common stock repurchased (in shares)		(55)
Common stock repurchased	(1,639)	$ (1,639)
Ending balance (in shares) at Jun. 30, 2017		49,125
Ending balance at Jun. 30, 2017	$ 298,663	$ 46,766	$ 245,885	$ 6,012

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical)	12 Months Ended
	Dec. 31, 2016 $ / shares
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in dollars per share)	$ 0.25

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash Flows From Operating Activities
Net income	$ 2,261	$ 6,885
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	76,779	42,753
Amortization reflected as operating expense	12,950	7,401
Amortization reflected as contra revenue	10,321	3,290
Amortization reflected as rent expense	593	0
Provision for bad debt	886	752
Straight line adjustment to management fee revenue	8,640	3,406
Stock based compensation expense	2,418	1,957
Deferred income taxes	(11,954)	(53,238)
Net (gain) loss on disposal of equipment	(84)	12
Unrealized (gain) on investments	(187)	(83)
Net (gains) from patronage and equity investments	(1,447)	(315)
Amortization of debt issuance costs	2,385	1,205
Other	0	2,120
(Increase) decrease in:
Accounts receivable	5,196	(4,332)
Inventory, net	25,049	(11,424)
Income taxes receivable	(1,908)	7,694
Other assets	(126)	2,066
Increase (decrease) in:
Accounts payable	(40,558)	5,529
Income taxes payable	(435)	34,195
Deferred lease payable	2,493	1,228
Other deferrals and accruals	(6,478)	(708)
Net cash provided by operating activities	86,794	50,393
Cash Flows From Investing Activities
Acquisition of property, plant and equipment	(68,766)	(60,123)
Proceeds from sale of equipment	269	185
Cash distributions from investments	22	53
Additional contributions to investments	(15)	0
Cash disbursed for acquisition, net of cash acquired	0	(644,432)
Acquisition of Expansion Area	(6,000)	0
Net cash used in investing activities	(74,490)	(704,317)
Cash Flows From Financing Activities
Principal payments on long-term debt	(12,125)	(201,257)
Amounts borrowed under debt agreements	25,000	835,000
Cash paid for debt issuance costs	0	(14,825)
Repurchases of common stock	(1,598)	(4,183)
Proceeds from issuance of common stock	0	2,948
Net cash provided by/(used in) financing activities	11,277	617,683
Net increase (decrease) in cash and cash equivalents	23,581	(36,241)
Cash and cash equivalents:
Beginning	36,193	76,812
Ending	59,774	40,571
Cash payments for:
Interest, net of capitalized interest of $1,035 and $454, respectively	17,085	6,659
Income taxes paid, net of refunds received	$ 15,150	$ 12,796

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)
Other cash flow information:
Interest paid, capitalized	$ 1,035	$ 454
Capital expenditures	4,600	5,200
Increase in interest rate swaps	1,300
Increase in deferred tax liability	400
Decrease in accumulated other comprehensive income	776	4,285
Common stock issued to acquire non-controlling interests of nTelos	0	$ 10,400
Reclassification of unamortized loan fees from deferred charges and other assets	11,465
Reclassification of unamortized loan fees to long term debt	799,782
Accounting Standards Update 2015-15
Other cash flow information:
Reclassification of unamortized loan fees from deferred charges and other assets	(4,300)
Reclassification of unamortized loan fees to long term debt	$ 4,300

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The interim condensed consolidated financial statements of Shenandoah Telecommunications Company and Subsidiaries (collectively, the “Company”) are unaudited. In the opinion of management, all adjustments necessary for a fair presentation of the interim results have been reflected therein. All such adjustments were of a normal and recurring nature. Prior year amounts have been reclassified in some cases to conform to the current year presentation. These financial statements should be read in conjunction with the audited consolidated financial statements and related notes in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The accompanying balance sheet information at December 31, 2016 was derived from the audited December 31, 2016 consolidated balance sheet. Operating revenues and income (loss) from operations for any interim period are not necessarily indicative of results that may be expected for the entire year. Management has made an immaterial error correction to the accompanying prior period unaudited condensed consolidated statement of cash flows for the six months ended June 30, 2016 to decrease both the amount of net cash provided by operating activities and the amount of net cash used in investing activities by approximately $10.4 million to properly reflect the common stock issued (non-cash) by the Company to acquire non-controlling interests in a subsidiary of nTelos held by third parties in conjunction with the nTelos acquisition. This immaterial error correction had no effect on the net increase (decrease) in cash and cash equivalents for the period or the beginning or ending balance of cash and cash equivalents for the period. Recently Issued Accounting Standards There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company's consolidated financial statements and note disclosures, from those disclosed in the Company's 2016 Annual Report on Form 10-K, that would be expected to impact the Company except for the following: In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, “Revenue from Contracts with Customers”, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. In August 2015, the FASB issued ASU No. 2015-14, delaying the effective date of ASU 2014-09. Three other amendments have been issued during 2016 modifying the original ASU. As amended, the new standard is effective for the Company on January 1, 2018, using either a retrospective basis or a modified retrospective basis with early adoption permitted. The Company plans to adopt the standard effective January 1, 2018. The Company plans to adopt this standard using the modified retrospective transition approach. The Company is continuing to assess all potential impacts of the standard, including the impact to the pattern with which revenue is recognized, the impact of the standard on current accounting policies, practices and system of internal controls, in order to identify material differences, if any that would result from applying the new requirements. In 2016, the Company identified a project team and commenced an initial impact assessment process for ASU 2014-09. The Company is continuing its work toward establishing new policies and processes, and is implementing necessary changes to data and procedures necessary to comply with the new requirements. Based on the results of the project team’s assessment to date, the Company anticipates this standard will have an impact, which could be significant, to the consolidated financial statements. While continuing to assess all potential impacts of the standard, the Company believes the most significant impact relates to additional disclosures required for qualitative and quantitative information concerning the nature, amount, timing, and any uncertainty of revenue and cash flows from contracts with customers, the capitalization of costs of commissions, upfront contract costs, the pattern with which revenue is recognized, and other contract acquisition-based and contract fulfillment costs. In February 2016, the FASB issued ASU No. 2016-02, “Leases”, which requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous generally accepted accounting principles. This change will result in an increase to recorded assets and liabilities on lessees’ financial statements, as well as changes in the categorization of rental costs, from rent expense to interest and depreciation expense. Other effects may occur depending on the types of leases and the specific terms of them utilized by particular lessees. The ASU is effective for us on January 1, 2019, and early application is permitted. Modified retrospective application is required. The Company is currently evaluating the ASU and expects that it will have a material impact on our consolidated financial statements. During the first quarter of 2017, the Company adopted: ASU No. 2015-11, "Inventory: Simplifying the Measurement of Inventory". This ASU changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. The ASU also eliminates the requirement for entities to consider replacement cost or net realizable value less an approximate normal profit margin when measuring inventory. The adoption of this ASU did not have a significant impact on our financial statements. In March 2017, the FASB issued ASU No. 2017-07, "Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost". The update requires employers to present the service cost component of the net periodic benefit cost in the same income statement line item as other employee compensation costs arising from services rendered during the period. The other components of net benefit cost, including interest cost, expected return on plan assets, amortization of prior service cost/credit and actuarial gain/loss, and settlement and curtailment effects, are to be presented outside of any subtotal of operating income. Employers will have to disclose the line(s) used to present the other components of net periodic benefit cost, if the components are not presented separately in the income statement. ASU 2017-07 is effective for fiscal years and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements. The Company does not expect the adoption of ASU 2017-07 to have a material impact on its consolidated financial statements, nor does the Company expect to early adopt ASU 2017-07.

Acquisitions

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Acquisitions

Acquisition of NTELOS Holdings Corp. and Exchange with Sprint

On May 6, 2016, (the "acquisition date"), the Company completed its acquisition of NTELOS Holdings Corp. (nTelos). nTelos, was a leading regional provider of wireless telecommunications solutions and was acquired to expand the Company's wireless service area and subscriber base, thus strengthening the Company's relationship with Sprint Corporation (Sprint).

Pursuant to the terms of the Agreement and Plan of Merger between the Company and nTelos (the "Merger Agreement"), nTelos became a direct wholly owned subsidiary of the Company. Pursuant to the terms of the Merger Agreement, the Company acquired all of the issued and outstanding capital stock of nTelos for an aggregate purchase price of $667.8 million. The purchase price was financed by a credit facility arranged by CoBank, ACB, Royal Bank of Canada, Fifth Third Bank, Bank of America, N.A., Capital One, National Association, Citizens Bank N.A., and Toronto Dominion (Texas) LLC.

Transaction costs in connection with the acquisition were expensed as incurred and are included in integration and acquisition expenses in the condensed consolidated statement of operations. The results of operations related to nTelos are included in our consolidated statements of operations beginning from the date of acquisition.

The Company accounted for the acquisition of nTelos under the acquisition method of accounting, in accordance with FASB's Accounting Standards Codification (“ASC”) 805, “Business Combinations”, and has accounted for measurement period adjustments under ASU 2015-16, “Simplifying the Accounting for Measurement Period Adjustments”. Estimates of fair value included in the consolidated financial statements, in conformity with ASC 820, "Fair Value Measurements and Disclosures", represent the Company's best estimates and valuations. In accordance with ASC 805, "Business Combinations", the allocation of the consideration value was subject to adjustment until the Company completed its analysis, in a period of time, but not to exceed one year after the date of acquisition, or May 6, 2017, in order to provide the Company with the time to complete the valuation of its assets and liabilities. As of May 6, 2017, the Company has completed and finalized its analysis and allocation of the consideration value to assets acquired and liabilities assumed.

The following table summarizes the final purchase price allocation to assets acquired and liabilities assumed, including measurement period adjustments:



	Initial Estimate		Measurement Period Adjustments			Purchase Price Allocation
Accounts receivable	$	48,476	$	(1,242	)	47,234
Inventory	3,810		762			4,572
Restricted cash	2,167		—			2,167
Investments	1,501		—			1,501
Prepaid expenses and other assets	14,835		—			14,835
Building held for sale	4,950		—			4,950
Property, plant and equipment	223,900		3,347			227,247
Spectrum licenses (1), (2)	198,200		—			198,200
Acquired subscribers - wireless (1), (2)	198,200		7,746			205,946
Favorable lease intangible assets (2)	11,000		6,029			17,029
Goodwill (3)	151,627		(5,244		)	146,383
Other long term assets	10,288		555			10,843
Total assets acquired	$	868,954	$	11,953		$	880,907

Accounts payable	8,648		(105		)	8,543
Advanced billings and customer deposits	12,477		—			12,477
Accrued expenses	25,230		(2,089		)	23,141
Capital lease liability	418		—			418
Deferred tax liabilities	124,964		4,327			129,291
Retirement benefits	19,461		(263		)	19,198
Other long-term liabilities	14,056		6,029			20,085
Total liabilities assumed	$	205,254	$	7,899		$	213,153

Net assets acquired	$	663,700	$	4,054		$	667,754

(1)

Concurrently with acquiring nTelos, the Company completed its previously announced transaction with SprintCom, Inc., a subsidiary of Sprint. Pursuant to this transaction, among other things, the Company exchanged spectrum licenses, valued at $198.2 million and acquired subscribers - wireless, valued at $206.0 million, acquired from nTelos with Sprint, and received an expansion of its affiliate service territory to include most of the service area served by nTelos, valued at $283.3 million, as well as additional acquired subscribers - wireless, valued at $120.9 million, relating to nTelos’ and Sprint’s legacy customers in the Company’s affiliate service territory. These exchanges were accounted for in accordance with ASC 845, “Nonmonetary Transactions”. The transfer of spectrum to Sprint resulted in a taxable gain to the Company which will be recognized as the Company recognizes the cash benefit of the waived management fees over the remaining approximately five years.


(2)	Identifiable intangible assets were measured using a combination of an income approach and a market approach.

(3)

Goodwill is the excess of the consideration transferred over the net assets recognized and represents the future economic benefits, primarily as a result of other assets acquired that could not be individually identified and separately recognized. The Company has recorded goodwill in its Wireless segment as a result of the nTelos acquisition. Goodwill is not amortized. The goodwill that arose from the acquisition of nTelos is not deductible for tax purposes.

In addition to the changes in the balances reflected above, the Company revised provisional estimated useful lives of certain assets and recorded an adjustment to amortization expense of $0.1 million during the three and six months ended June 30, 2017, and recorded an adjustment during 2016 of $4.6 million to depreciation expense relating to the three and six months ended June 30, 2016.

Acquisition-related costs primarily related to legal services, professional services, and severance accruals, were expensed as incurred. For the three and six months ended June 30, 2016, the Company incurred acquisition-related costs of $14.8 million and $15.1 million, respectively.

The amounts of operating revenue and income or loss before income taxes related to the former nTelos entity are not readily determinable due to intercompany transactions, allocations and integration activities that have occurred in connection with the operations of the combined company.

The following table presents pro forma information, based on estimates and assumptions that the Company believes to be reasonable, for the Company as if the acquisition of nTelos had occurred at the beginning of 2016: (in millions)



	Three Months Ended June 30, 2016			Six Months Ended June 30, 2016
Operating revenues	$	161.1		$	334.4
Income (loss) before income taxes	$	(7.5	)	$	9.4

The pro forma information provided in the table above is not necessarily indicative of the consolidated results of operations for future periods or the results that actually would have been realized had the acquisition been completed at the beginning of the periods presented.

The pro forma information provided in the table above is based upon estimated valuations of the assets acquired and liabilities assumed as well as estimates of depreciation and amortization charges thereon. Other estimated pro forma adjustments include the following:


•	changes in nTelos' reported revenues from cancelling nTelos' wholesale contract with Sprint;


•	the incorporation of the Sprint-homed customers formerly serviced under the wholesale agreement into the Company’s affiliate service territory under the Company’s affiliate agreement with Sprint;

•

the effect of other changes to revenues and expenses due to various provisions of the affiliate agreement, including fees charged under the affiliate agreement on revenues from former nTelos customers, a reduction of the net service fee charged by Sprint, the straight-line impact of the waived management fee, and the amortization of the affiliate agreement expansion intangible asset; and the elimination of non-recurring transaction related expenses incurred by the Company and nTelos;


•	the elimination of certain nTelos operating costs associated with billing and care that are covered under the fees charged by Sprint under the affiliate agreement;


•	historical depreciation expense was reduced for the fair value adjustment decreasing the basis of property, plant and equipment; this decrease was offset by a shorter estimated useful life to conform to the Company’s standard policy and the acceleration of depreciation on certain equipment; and


•	incremental amortization due to the Acquired subscribers - wireless intangible asset.

In connection with the acquisition of nTelos, the Company incurs costs which include the nTelos back office staff and support functions until the nTelos legacy customers are migrated to the Sprint billing platform; costs of the handsets to be provided to nTelos legacy customers as they migrate to the Sprint billing platform; severance costs for back office and other former nTelos employees who will not be retained permanently; and costs to shut down certain cell sites and related backhaul contracts. The Company has incurred these costs as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
Statement of Operations location:	2017	2016	2017	2016
Cost of goods and services	0.4	0.3	1.2	0.3
Selling, general and administrative	1.3	2.0	3.1	2.0
Integration and acquisition	3.7	20.1	8.2	20.4
Total	5.4	22.4	12.5	22.7

The value of the affiliate agreement expansion discussed above is based on changes to the amended affiliate agreement that include:


•	an increase in the price to be paid by Sprint from 80% to 90% of the entire business value if the affiliate agreement is not renewed;


•	extension of the affiliate agreement with Sprint by five years to 2029;


•	expanded territory in the nTelos service area;


•	rights to serve all future Sprint customers in the affiliate service territory;


•	the Company's commitment to upgrade certain coverage and capacity in its newly acquired service area; and

•

a reduction of the management fee charged by Sprint under the amended affiliate agreement; not to exceed $4.2 million in an individual month until the total waived fee equals $251.8 million, as well as an additional waiver of the management fee charged with respect to the former nTelos customers until the earlier of migration to the Sprint back-office billing and related systems or six months following the acquisition; not to exceed $5.0 million.

Intangible assets resulting from the acquisition of nTelos and the Sprint exchange, both described above, are noted below (in thousands):



	Useful Life	Basis
Affiliate contract expansion	14 years	$	283,302
Acquired subscribers - wireless	4-10 years	$	120,855
Favorable lease intangible assets	3-19 years	$	17,029

The affiliate contract expansion intangible asset is amortized on a straight-line basis and recorded as a contra-revenue over the remaining 14 year initial contract term. The Acquired subscribers rights - wireless intangible is amortized over the life of the customers, gradually decreasing over the expected life of this asset, and recorded through amortization expense. The favorable lease intangible assets are amortized on a straight-line basis and recorded through rent expense. The value of these intangible assets includes measurement period adjustments.

Acquisition of Expansion Area

On April 6, 2017, the Company expanded its affiliate service territory, under its agreements with Sprint, to include certain areas in North Carolina, Kentucky, Maryland, Ohio and West Virginia. The expanded territory includes the Parkersburg, WV, Huntington, WV, and Cumberland, MD, basic trading areas. Approximately 25,000 Sprint retail and former nTelos postpaid and prepaid subscribers in the new basic trading areas will become Sprint-branded affiliate customers managed by the Company. The Company plans to upgrade and expand the existing wireless network coverage in those regions. Once the expansion is complete, the Company plans to open multiple Sprint-branded retail locations in the new area.

The following table summarizes the preliminary allocation of the fair values of the assets acquired:



	Estimated Useful Life	April 6, 2017
Affiliate contract expansion	13	$	3,843
Acquired subscribers - wireless	2 - 7 years	2,157
Total		$	6,000

Identifiable intangible assets were measured using a combination of an income approach and a market approach. The fair values of the assets acquired were based on management's preliminary estimates or assumptions. While substantially complete, the allocation of value among the intangible assets is not yet final. If the final allocation of value among the intangible assets differs significantly from the Company's estimate provided above, then changes concerning amortization expense could result. Amortization expense of $0.2 million was recorded for the three-month period ended June 30, 2017.

Property, Plant and Equipment

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):



	June 30, 2017		December 31, 2016
Plant in service	$	1,145,594	$	1,085,318
Plant under construction	68,707		73,759
	1,214,301		1,159,077
Less accumulated amortization and depreciation	534,838		460,955
Net property, plant and equipment	$	679,463	$	698,122

Earnings (loss) per share (EPS)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Earnings (loss) per share (EPS)

Earnings (loss) per share ("EPS")

Basic net income (loss) per share was computed by dividing net income or loss by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share was computed under the treasury stock method, assuming the conversion as of the beginning of the period, for all dilutive stock options. Diluted EPS was computed by dividing net income by the sum of the weighted average number of shares of common stock outstanding and potentially dilutive securities outstanding during the period under the treasury stock method. Potentially dilutive securities include stock options and restricted stock units and shares that the Company is contractually obligated to issue in the future.



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands, except per share amounts)	2017			2016			2017		2016
Basic income (loss) per share
Net income (loss)	$	(80	)	$	(6,995	)	$	2,261	$	6,885
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Basic income (loss) per share	$	—		$	(0.14	)	$	0.05	$	0.14

Effect of stock options and awards outstanding:
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Effect from dilutive shares and options outstanding	—			—			767		719
Diluted weighted average shares	49,115			48,830			49,850		49,415
Diluted income (loss) per share	$0.00			$	(0.14	)	$	0.05	$	0.14

Due to the net loss for the three months ended June 30, 2017 and 2016, no adjustment was made to basic shares, as such an adjustment would have been anti-dilutive.

The computation of diluted EPS does not include certain unvested awards, on a weighted average basis, for the three months ended June 30, 2017 and 2016, respectively, because their inclusion would have an anti-dilutive effect on EPS. The awards excluded because of their anti-dilutive effect are as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands)	2017	2016	2017	2016
Awards excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive	786	703	87	22

Investments

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Investments

Investments include $3.1 million and $2.9 million of investments carried at fair value as of June 30, 2017 and December 31, 2016, respectively, consisting of equity, bond and money market mutual funds. Investments carried at fair value were acquired under a rabbi trust arrangement related to the Company’s nonqualified Supplemental Executive Retirement Plan (the “SERP”). The Company purchases investments in the trust to mirror the investment elections of participants in the SERP; gains and losses on the investments in the trust are reflected as increases or decreases in the liability owed to the participants. During the six months ended June 30, 2017, the Company recognized $45 thousand in dividend and interest income from investments, and recorded net unrealized gains of $187 thousand on these investments. Fair values for these investments held under the rabbi trust were determined by Level 1 quoted market prices for the underlying mutual funds. Changes in carrying value of investments are recorded within gain on investments, net on the Statement of Operations and Comprehensive Income (Loss).

At June 30, 2017 and December 31, 2016, other investments, comprised of equity securities which do not have readily determinable fair values, consist of the following (in thousands):



	June 30, 2017		December 31, 2016
Cost method:
CoBank	$	6,470	$	6,177
Other – Equity in other telecommunications partners	738		742
	7,208		6,919
Equity method:
Other	504		450
Total other investments	$	7,712	$	7,369

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Financial Instruments	6 Months Ended
Financial Instruments	Jun. 30, 2017
Investments, All Other Investments [Abstract]
Financial Instruments	Financial Instruments Financial instruments on the condensed consolidated balance sheets that approximate fair value include: cash and cash equivalents, receivables, investments carried at fair value, payables, accrued liabilities, interest rate swaps and variable rate long-term debt. The Company has certain non-marketable long-term investments for which it is not practicable to estimate fair value with a total carrying value of $7.7 million and $7.4 million as of June 30, 2017 and December 31, 2016, respectively, of which $6.5 million and $6.2 million, respectively, represents the Company’s investment in CoBank. This investment is primarily related to patronage distributions of restricted equity and is a required investment related to the portion of the Credit Facility held by CoBank. This investment is carried under the cost method.

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income (Loss)

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income

The Company’s objectives in using interest rate derivatives are to add stability to cash flows and to manage its exposure to interest rate movements. To accomplish these objectives, the Company primarily uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps (both those designated as cash flow hedges as well as those not designated as cash flow hedges) involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

The Company entered into a pay-fixed, receive-variable interest rate swap of $174.6 million of notional principal in September 2012. This interest rate swap was designated as a cash flow hedge. The outstanding notional amount of this cash flow hedge was $126.6 million as of June 30, 2017. The outstanding notional amount decreases based upon scheduled principal payments on the 2012 debt.

In May 2016, the Company entered into a pay-fixed, receive-variable interest rate swap of $256.6 million of notional principal with three counterparties. This interest rate swap was designated as a cash flow hedge. The outstanding notional amount of this cash flow hedge was $302.4 million as of June 30, 2017. The outstanding notional amount increases based upon draws expected to be made under a portion of the Company's Term Loan A-2 debt and as the 2012 interest rate swap's notional principal decreases, and the outstanding notional amount will decrease as the Company makes scheduled principal payments on the 2016 debt. In combination with the swap entered into in 2012 described above, the Company is hedging approximately 50% of the expected outstanding debt.

The effective portion of changes in the fair value of interest rate swaps designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The Company uses its derivatives to hedge the variable cash flows associated with existing variable-rate debt. The ineffective portion of the change in fair value of the derivative is recognized directly in earnings through interest expense. No hedge ineffectiveness was recognized during any of the periods presented.

Amounts reported in accumulated other comprehensive income related to the interest rate swaps designated and qualified as a cash flow hedge, are reclassified to interest expense as interest payments are made on the Company’s variable-rate debt. As of June 30, 2017, the Company estimates that $783 thousand will be reclassified as a reduction of interest expense during the next twelve months.

The table below presents the fair value of the Company’s derivative financial instrument as well as its classification on the condensed consolidated balance sheet (in thousands):



	June 30, 2017		December 31, 2016
Balance Sheet Location:
Prepaid expenses and other	$	783	$	—
Deferred charges and other assets, net	9,180		12,118
Accrued liabilities and other	—		(895		)
Total derivatives designated as hedging instruments	$	9,963	$	11,223

The fair value of interest rate swaps is determined using a pricing model with inputs that are observable in the market (level 2 fair value inputs).

The table below presents change in accumulated other comprehensive income by component for the six months ended June 30, 2017 (in thousands):



	Gains on Cash Flow Hedges			Income Tax Expense			Accumulated Other Comprehensive Income, net of taxes
Balance as of December 31, 2016	$	11,223		$	(4,435	)	$	6,788
Net change in unrealized losses	(1,867		)	717			(1,150		)
Amounts reclassified from accumulated other comprehensive income to interest expense	607			(233		)	374
Net current period accumulated other comprehensive income (loss)	(1,260		)	484			(776		)
Balance as of June 30, 2017	$	9,963		$	(3,951	)	$	6,012

Goodwill and Other Intangible Assets

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Changes in the carrying amount of goodwill during the six months ended June 30, 2017 are shown below (in thousands):



	December 31, 2016		Measurement Period Adjustments		June 30, 2017
Goodwill - Wireline segment	$	10	$	—	$	10
Goodwill - Cable segment	104		—		104
Goodwill - Wireless segment	145,142		1,241		146,383
Goodwill as of June 30, 2017	$	145,256	$	1,241	$	146,497

Intangible assets consist of the following at June 30, 2017 and December 31, 2016:



	June 30, 2017							December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Non-amortizing intangibles:
Cable franchise rights	$	64,334	$	—		$	64,334	$	64,334	$	—		$	64,334
Railroad crossing rights	97		—			97		97		—			97
	64,431		—			64,431		64,431		—			64,431

Finite-lived intangibles:
Affiliate contract expansion	287,102		(24,351		)	262,751		284,102		(14,030		)	270,072
Acquired subscribers – wireless	123,055		(31,258		)	91,797		120,855		(18,738		)	102,117
Favorable leases - wireless	16,950		(1,955		)	14,995		16,950		(1,130		)	15,820
Acquired subscribers – cable	25,265		(24,974		)	291		25,265		(24,631		)	634
Other intangibles	3,229		(838		)	2,391		2,212		(754		)	1,458
Total finite-lived intangibles	455,601		(83,376		)	372,225		449,384		(59,283		)	390,101
Total intangible assets	$	520,032	$	(83,376	)	$	436,656	$	513,815	$	(59,283	)	$	454,532

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Accrued and Other Liabilities

6 Months Ended

Jun. 30, 2017

Other Liabilities Disclosure [Abstract]

Accrued and Other Liabilities

Accrued and Other liabilities

Accrued liabilities and other include the following (in thousands):



	June 30, 2017		December 31, 2016
Sales and property taxes payable	$	4,735	$	6,628
Severance accrual, current portion	2,491		4,267
Asset retirement obligations, current portion	1,621		5,841
Accrued programming costs	2,942		2,939
Other current liabilities	5,763		9,410
Accrued liabilities and other	$	17,552	$	29,085

Other liabilities include the following (in thousands):



	June 30, 2017		December 31, 2016
Non-current portion of deferred revenues	$	10,531	$	8,933
Straight-line management fee waiver	20,614		11,974
Other	1,354		2,836
Other liabilities	$	32,499	$	23,743

Long-Term Debt and Revolving Lines of Credit

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Long-Term Debt and Revolving Lines of Credit

Total debt at June 30, 2017 and December 31, 2016 consists of the following:



(In thousands)	June 30, 2017		December 31, 2016
Term loan A-1	$	460,750	$	472,875
Term loan A-2	400,000		375,000
	860,750		847,875
Less: unamortized loan fees	16,721		18,610
Total debt, net of unamortized loan fees	$	844,029	$	829,265

Current maturities of long term debt, net of unamortized loan fees	$	44,247	$	32,041
Long-term debt, less current maturities, net of unamortized loan fees	$	799,782	$	797,224

As of June 30, 2017, our indebtedness totaled $860.8 million in term loans with an annualized effective interest rate of approximately 4.06% after considering the impact of the interest rate swap contract and unamortized loan costs. The balance consists of the $460.8 million Term Loan A-1 at a variable rate (3.98% as of June 30, 2017) that resets monthly based on one month LIBOR plus a margin of 2.75%, and the $400 million Term Loan A-2 at a variable rate (4.23% as of June 30, 2017) that resets monthly based on one month LIBOR plus a margin of 3.00%. The Term Loan A-1 requires quarterly principal repayments of $12.1 million through June 30, 2020, with further increases at that time through maturity in June 30, 2021. The Term Loan A-2 requires quarterly principal repayments of $10.0 million beginning on September 30, 2018 through March 31, 2023, with the remaining balance due June 30, 2023.

The Company is subject to certain covenants to be measured on a trailing twelve month basis each calendar quarter unless otherwise specified. These covenants include:


•	a limitation on the Company’s total leverage ratio, defined as indebtedness divided by earnings before interest, taxes, depreciation and amortization, or EBITDA, of less than or equal to 3.75 to 1.00 from the closing date through December 30, 2018, then 3.25 to 1.00 through December 30, 2019, and 3.00 to 1.00 thereafter;


•	a minimum debt service coverage ratio, defined as EBITDA minus certain cash taxes divided by the sum of all scheduled principal payments on the Term Loans and scheduled principal payments on other indebtedness plus cash interest expense, greater than 2.00 to 1.00;


•	the Company must maintain a minimum liquidity balance, defined as availability under the revolver facility plus unrestricted cash and cash equivalents on deposit in a deposit account for which a control agreement has been delivered to the administrative agent under the 2016 credit agreement, of greater than $25 million at all times.

As shown below, as of June 30, 2017, the Company was in compliance with the covenants in its credit agreements.



	Actual		Covenant Requirement
Total Leverage Ratio	2.91		3.75 or Lower
Debt Service Coverage Ratio	4.35		2.00 or Higher
Minimum Liquidity Balance	$	133.4	$25 million or Higher

Segment Information

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker. The Company has three reportable segments, which the Company operates and manages as strategic business units organized by lines of business: (1) Wireless, (2) Cable, and (3) Wireline. A fourth segment, Other, primarily includes Shenandoah Telecommunications Company, the parent holding company.

The Wireless segment provides digital wireless service as a PCS affiliate to a portion of a four-state area covering the region from Harrisburg, York and Altoona, Pennsylvania, to Harrisonburg, Virginia, south-central and western Virginia, West Virginia, and small portions of North Carolina, Kentucky and Ohio. The Wireless segment also owns cell site towers built on leased land, and leases space on these towers to both affiliates and non-affiliated service providers.

The Cable segment provides video, internet and voice services in Virginia, West Virginia and Maryland, and leases fiber optic facilities throughout southern Virginia and West Virginia. It does not include video, internet and voice services provided to customers in Shenandoah County, Virginia.

The Wireline segment provides regulated and unregulated voice services, DSL internet access, and long distance access services throughout Shenandoah County and portions of Rockingham, Frederick, Warren and Augusta counties, Virginia. The segment also provides video and cable modem services in portions of Shenandoah County, and leases fiber optic facilities throughout the northern Shenandoah Valley of Virginia, northern Virginia and adjacent areas along the Interstate 81 corridor through West Virginia, Maryland and portions of central and southern Pennsylvania.

Three Months Ended June 30, 2017

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	107,681	$	26,883	$	5,128	$	—		$	—		$	139,692
Other	5,218		2,095		6,253		—			—			13,566
Total external revenues	112,899		28,978		11,381		—			—			153,258
Internal revenues	1,234		586		8,195		—			(10,015		)	—
Total operating revenues	114,133		29,564		19,576		—			(10,015		)	153,258

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	38,469		14,911		9,330		—			(9,329		)	53,381
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	29,637		4,867		1,683		7,521			(686		)	43,022
Integration and acquisition expenses	4,124		—		—		(446		)	—			3,678
Depreciation and amortization	35,551		6,090		3,155		129			—			44,925
Total operating expenses	107,781		25,868		14,168		7,204			(10,015		)	145,006
Operating income (loss)	$	6,352	$	3,696	$	5,408	$	(7,204	)	$	—		$	8,252

Three Months Ended June 30, 2016

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	86,873	$	24,167	$	4,820	$	—		$	—		$	115,860
Other	6,280		1,923		6,246		—			—			14,449
Total external revenues	93,153		26,090		11,066		—			—			130,309
Internal revenues	1,141		311		7,525		—			(8,977		)	—
Total operating revenues	94,294		26,401		18,591		—			(8,977		)	130,309

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	35,236		14,564		8,808		—			(8,312		)	50,296
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	23,010		4,794		1,670		4,885			(665		)	33,694
Integration and acquisition expenses	5,276		—		—		14,778			—			20,054
Depreciation and amortization	23,495		5,879		2,933		108			—			32,415
Total operating expenses	87,017		25,237		13,411		19,771			(8,977		)	136,459
Operating income (loss)	$	7,277	$	1,164	$	5,180	$	(19,771	)	$	—		$	(6,150	)

Six Months Ended June 30, 2017

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	215,867	$	53,294	$	10,176	$	—		$	—		$	279,337
Other	11,261		4,129		12,411		—			—			27,801
Total external revenues	227,128		57,423		22,587		—			—			307,138
Internal revenues	2,468		1,154		16,143					(19,765		)	—
Total operating revenues	229,596		58,577		38,730		—			(19,765		)	307,138

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	76,788		30,139		18,603		—			(18,388		)	107,142
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	58,101		9,725		3,359		13,367			(1,377		)	83,175
Integration and acquisition expenses	7,916		—		—		251			—			8,167
Depreciation and amortization	71,303		11,879		6,286		261			—			89,729
Total operating expenses	214,108		51,743		28,248		13,879			(19,765		)	288,213
Operating income (loss)	$	15,488	$	6,834	$	10,482	$	(13,879	)	$	—		$	18,925

Six Months Ended June 30, 2016

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	139,052	$	48,507	$	9,779	$	—		$	—		$	197,338
Other	9,484		3,768		12,290		—			—			25,542
Total external revenues	148,536		52,275		22,069		—			—			222,880
Internal revenues	2,276		572		14,901		—			(17,749		)	—
Total operating revenues	150,812		52,847		36,970		—			(17,749		)	222,880

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	51,815		29,210		17,450		—			(16,418		)	82,057
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	34,524		9,902		3,275		8,750			(1,331		)	55,120
Integration and acquisition expenses	5,276		—		—		15,110			—			20,386
Depreciation and amortization	31,988		11,974		5,967		225			—			50,154
Total operating expenses	123,603		51,086		26,692		24,085			(17,749		)	207,717
Operating income (loss)	$	27,209	$	1,761	$	10,278	$	(24,085	)	$	—		$	15,163

A reconciliation of the total of the reportable segments’ operating income (loss) to consolidated income (loss) before taxes is as follows:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2017			2016			2017			2016
Total consolidated operating income (loss)	$	8,252		$	(6,150	)	$	18,925		$	15,163
Interest expense	(9,389		)	(5,904		)	(18,489		)	(7,524		)
Non-operating income, net	1,297			167			2,672			723
Income before income taxes	$	160		$	(11,887	)	$	3,108		$	8,362

The Company’s assets by segment are as follows:



(in thousands)	June 30, 2017		December 31, 2016
Wireless	$	1,039,531	$	1,101,716
Cable	225,954		218,471
Wireline	123,123		115,282
Other	54,391		48,938
Consolidated totals	$	1,442,999	$	1,484,407

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company files U.S. federal income tax returns and various state and local income tax returns. With few exceptions, years prior to 2013 are no longer subject to examination; net operating losses acquired in the nTelos acquisition are open to examination from 2002 forward. The Company is not subject to any state or federal income tax audits as of June 30, 2017. The effective tax rate has fluctuated in recent periods due to the minimal base of pre-tax earnings or losses and has been further impacted by the impact of share based compensation tax benefits which are recognized as incurred under the provisions of ASC 740, "Income Taxes".

Related Party Transactions

6 Months Ended

Jun. 30, 2017

Related Party Transactions

ValleyNet, an equity method investee of the Company, resells capacity on the Company’s fiber network under an operating lease agreement. Additionally, the Company's PCS operating subsidiary leases capacity through ValleyNet.

The following tables summarize the financial statement impact from related party transactions with ValleyNet (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
Statement of Operations and Comprehensive Income (Loss)	2017		2016		2017		2016
Facility Lease Revenue	$	592	$	636	$	1,158	$	1,250
Costs of Goods and Services	872		687		1,749		1,304

	June 30, 2017		December 31, 2016
Consolidated Balance Sheet
Accounts Receivable related to ValleyNet	$	187	$	191
Accounts Payable related to ValleyNet	299		448

Basis or Presentation (Policies)	6 Months Ended
Basis or Presentation (Policies)	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards There have been no developments to recently issued accounting standards, including the expected dates of adoption and estimated effects on the Company's consolidated financial statements and note disclosures, from those disclosed in the Company's 2016 Annual Report on Form 10-K, that would be expected to impact the Company except for the following: In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, “Revenue from Contracts with Customers”, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The ASU will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. In August 2015, the FASB issued ASU No. 2015-14, delaying the effective date of ASU 2014-09. Three other amendments have been issued during 2016 modifying the original ASU. As amended, the new standard is effective for the Company on January 1, 2018, using either a retrospective basis or a modified retrospective basis with early adoption permitted. The Company plans to adopt the standard effective January 1, 2018. The Company plans to adopt this standard using the modified retrospective transition approach. The Company is continuing to assess all potential impacts of the standard, including the impact to the pattern with which revenue is recognized, the impact of the standard on current accounting policies, practices and system of internal controls, in order to identify material differences, if any that would result from applying the new requirements. In 2016, the Company identified a project team and commenced an initial impact assessment process for ASU 2014-09. The Company is continuing its work toward establishing new policies and processes, and is implementing necessary changes to data and procedures necessary to comply with the new requirements. Based on the results of the project team’s assessment to date, the Company anticipates this standard will have an impact, which could be significant, to the consolidated financial statements. While continuing to assess all potential impacts of the standard, the Company believes the most significant impact relates to additional disclosures required for qualitative and quantitative information concerning the nature, amount, timing, and any uncertainty of revenue and cash flows from contracts with customers, the capitalization of costs of commissions, upfront contract costs, the pattern with which revenue is recognized, and other contract acquisition-based and contract fulfillment costs. In February 2016, the FASB issued ASU No. 2016-02, “Leases”, which requires the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous generally accepted accounting principles. This change will result in an increase to recorded assets and liabilities on lessees’ financial statements, as well as changes in the categorization of rental costs, from rent expense to interest and depreciation expense. Other effects may occur depending on the types of leases and the specific terms of them utilized by particular lessees. The ASU is effective for us on January 1, 2019, and early application is permitted. Modified retrospective application is required. The Company is currently evaluating the ASU and expects that it will have a material impact on our consolidated financial statements. During the first quarter of 2017, the Company adopted: ASU No. 2015-11, "Inventory: Simplifying the Measurement of Inventory". This ASU changes the measurement principle for inventory from the lower of cost or market to lower of cost and net realizable value. The ASU also eliminates the requirement for entities to consider replacement cost or net realizable value less an approximate normal profit margin when measuring inventory. The adoption of this ASU did not have a significant impact on our financial statements. In March 2017, the FASB issued ASU No. 2017-07, "Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost". The update requires employers to present the service cost component of the net periodic benefit cost in the same income statement line item as other employee compensation costs arising from services rendered during the period. The other components of net benefit cost, including interest cost, expected return on plan assets, amortization of prior service cost/credit and actuarial gain/loss, and settlement and curtailment effects, are to be presented outside of any subtotal of operating income. Employers will have to disclose the line(s) used to present the other components of net periodic benefit cost, if the components are not presented separately in the income statement. ASU 2017-07 is effective for fiscal years and interim periods beginning after December 15, 2017, and early adoption is permitted. The Company is currently assessing the impact that adopting this new accounting standard will have on its consolidated financial statements. The Company does not expect the adoption of ASU 2017-07 to have a material impact on its consolidated financial statements, nor does the Company expect to early adopt ASU 2017-07.

Acquisitions (Tables)

6 Months Ended

Jun. 30, 2017

Business Combinations [Abstract]

Schedule of Purchase Price Allocation

The following table summarizes the final purchase price allocation to assets acquired and liabilities assumed, including measurement period adjustments:



	Initial Estimate		Measurement Period Adjustments			Purchase Price Allocation
Accounts receivable	$	48,476	$	(1,242	)	47,234
Inventory	3,810		762			4,572
Restricted cash	2,167		—			2,167
Investments	1,501		—			1,501
Prepaid expenses and other assets	14,835		—			14,835
Building held for sale	4,950		—			4,950
Property, plant and equipment	223,900		3,347			227,247
Spectrum licenses (1), (2)	198,200		—			198,200
Acquired subscribers - wireless (1), (2)	198,200		7,746			205,946
Favorable lease intangible assets (2)	11,000		6,029			17,029
Goodwill (3)	151,627		(5,244		)	146,383
Other long term assets	10,288		555			10,843
Total assets acquired	$	868,954	$	11,953		$	880,907

Accounts payable	8,648		(105		)	8,543
Advanced billings and customer deposits	12,477		—			12,477
Accrued expenses	25,230		(2,089		)	23,141
Capital lease liability	418		—			418
Deferred tax liabilities	124,964		4,327			129,291
Retirement benefits	19,461		(263		)	19,198
Other long-term liabilities	14,056		6,029			20,085
Total liabilities assumed	$	205,254	$	7,899		$	213,153

Net assets acquired	$	663,700	$	4,054		$	667,754

(1)


(2)	Identifiable intangible assets were measured using a combination of an income approach and a market approach.

(3)

Schedule of Pro Forma Results



	Three Months Ended June 30, 2016			Six Months Ended June 30, 2016
Operating revenues	$	161.1		$	334.4
Income (loss) before income taxes	$	(7.5	)	$	9.4

Schedule of Acquisition Related Costs

The Company has incurred these costs as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
Statement of Operations location:	2017	2016	2017	2016
Cost of goods and services	0.4	0.3	1.2	0.3
Selling, general and administrative	1.3	2.0	3.1	2.0
Integration and acquisition	3.7	20.1	8.2	20.4
Total	5.4	22.4	12.5	22.7

Schedule of Intangible Assets Acquired

The following table summarizes the preliminary allocation of the fair values of the assets acquired:



	Estimated Useful Life	April 6, 2017
Affiliate contract expansion	13	$	3,843
Acquired subscribers - wireless	2 - 7 years	2,157
Total		$	6,000

Intangible assets resulting from the acquisition of nTelos and the Sprint exchange, both described above, are noted below (in thousands):



	Useful Life	Basis
Affiliate contract expansion	14 years	$	283,302
Acquired subscribers - wireless	4-10 years	$	120,855
Favorable lease intangible assets	3-19 years	$	17,029

Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following (in thousands):



	June 30, 2017		December 31, 2016
Plant in service	$	1,145,594	$	1,085,318
Plant under construction	68,707		73,759
	1,214,301		1,159,077
Less accumulated amortization and depreciation	534,838		460,955
Net property, plant and equipment	$	679,463	$	698,122

Earnings (loss) per share (EPS) Earnings Per Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The awards excluded because of their anti-dilutive effect are as follows:



	Three Months Ended June 30,		Six Months Ended June 30,
(in thousands)	2017	2016	2017	2016
Awards excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive	786	703	87	22

Potentially dilutive securities include stock options and restricted stock units and shares that the Company is contractually obligated to issue in the future.



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands, except per share amounts)	2017			2016			2017		2016
Basic income (loss) per share
Net income (loss)	$	(80	)	$	(6,995	)	$	2,261	$	6,885
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Basic income (loss) per share	$	—		$	(0.14	)	$	0.05	$	0.14

Effect of stock options and awards outstanding:
Basic weighted average shares outstanding	49,115			48,830			49,083		48,696
Effect from dilutive shares and options outstanding	—			—			767		719
Diluted weighted average shares	49,115			48,830			49,850		49,415
Diluted income (loss) per share	$0.00			$	(0.14	)	$	0.05	$	0.14

Investments (Tables)

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Schedule of other investments which do not have readily determinable fair values

At June 30, 2017 and December 31, 2016, other investments, comprised of equity securities which do not have readily determinable fair values, consist of the following (in thousands):



	June 30, 2017		December 31, 2016
Cost method:
CoBank	$	6,470	$	6,177
Other – Equity in other telecommunications partners	738		742
	7,208		6,919
Equity method:
Other	504		450
Total other investments	$	7,712	$	7,369

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instrument as Well as its Classification on the Consolidated Balance Sheet

The table below presents the fair value of the Company’s derivative financial instrument as well as its classification on the condensed consolidated balance sheet (in thousands):



	June 30, 2017		December 31, 2016
Balance Sheet Location:
Prepaid expenses and other	$	783	$	—
Deferred charges and other assets, net	9,180		12,118
Accrued liabilities and other	—		(895		)
Total derivatives designated as hedging instruments	$	9,963	$	11,223

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below presents change in accumulated other comprehensive income by component for the six months ended June 30, 2017 (in thousands):



	Gains on Cash Flow Hedges			Income Tax Expense			Accumulated Other Comprehensive Income, net of taxes
Balance as of December 31, 2016	$	11,223		$	(4,435	)	$	6,788
Net change in unrealized losses	(1,867		)	717			(1,150		)
Amounts reclassified from accumulated other comprehensive income to interest expense	607			(233		)	374
Net current period accumulated other comprehensive income (loss)	(1,260		)	484			(776		)
Balance as of June 30, 2017	$	9,963		$	(3,951	)	$	6,012

Goodwill and Other Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill during the six months ended June 30, 2017 are shown below (in thousands):



	December 31, 2016		Measurement Period Adjustments		June 30, 2017
Goodwill - Wireline segment	$	10	$	—	$	10
Goodwill - Cable segment	104		—		104
Goodwill - Wireless segment	145,142		1,241		146,383
Goodwill as of June 30, 2017	$	145,256	$	1,241	$	146,497

Schedule of Intangible Assets

Intangible assets consist of the following at June 30, 2017 and December 31, 2016:



	June 30, 2017							December 31, 2016
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Non-amortizing intangibles:
Cable franchise rights	$	64,334	$	—		$	64,334	$	64,334	$	—		$	64,334
Railroad crossing rights	97		—			97		97		—			97
	64,431		—			64,431		64,431		—			64,431

Finite-lived intangibles:
Affiliate contract expansion	287,102		(24,351		)	262,751		284,102		(14,030		)	270,072
Acquired subscribers – wireless	123,055		(31,258		)	91,797		120,855		(18,738		)	102,117
Favorable leases - wireless	16,950		(1,955		)	14,995		16,950		(1,130		)	15,820
Acquired subscribers – cable	25,265		(24,974		)	291		25,265		(24,631		)	634
Other intangibles	3,229		(838		)	2,391		2,212		(754		)	1,458
Total finite-lived intangibles	455,601		(83,376		)	372,225		449,384		(59,283		)	390,101
Total intangible assets	$	520,032	$	(83,376	)	$	436,656	$	513,815	$	(59,283	)	$	454,532

Accrued and Other Liabilities (Tables)

6 Months Ended

Jun. 30, 2017

Other Liabilities Disclosure [Abstract]

Summary of Accrued Liabilities and Other

Accrued liabilities and other include the following (in thousands):



	June 30, 2017		December 31, 2016
Sales and property taxes payable	$	4,735	$	6,628
Severance accrual, current portion	2,491		4,267
Asset retirement obligations, current portion	1,621		5,841
Accrued programming costs	2,942		2,939
Other current liabilities	5,763		9,410
Accrued liabilities and other	$	17,552	$	29,085

Summary of Other Liabilities

Other liabilities include the following (in thousands):



	June 30, 2017		December 31, 2016
Non-current portion of deferred revenues	$	10,531	$	8,933
Straight-line management fee waiver	20,614		11,974
Other	1,354		2,836
Other liabilities	$	32,499	$	23,743

Long-Term Debt and Revolving Lines of Credit (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of long term debt

Total debt at June 30, 2017 and December 31, 2016 consists of the following:



(In thousands)	June 30, 2017		December 31, 2016
Term loan A-1	$	460,750	$	472,875
Term loan A-2	400,000		375,000
	860,750		847,875
Less: unamortized loan fees	16,721		18,610
Total debt, net of unamortized loan fees	$	844,029	$	829,265

Current maturities of long term debt, net of unamortized loan fees	$	44,247	$	32,041
Long-term debt, less current maturities, net of unamortized loan fees	$	799,782	$	797,224

Financial covenants in credit agreements

As shown below, as of June 30, 2017, the Company was in compliance with the covenants in its credit agreements.



	Actual		Covenant Requirement
Total Leverage Ratio	2.91		3.75 or Lower
Debt Service Coverage Ratio	4.35		2.00 or Higher
Minimum Liquidity Balance	$	133.4	$25 million or Higher

As shown below, as of June 30, 2017, the Company was in compliance with the covenants in its credit agreements.



	Actual		Covenant Requirement
Total Leverage Ratio	2.91		3.75 or Lower
Debt Service Coverage Ratio	4.35		2.00 or Higher
Minimum Liquidity Balance	$	133.4	$25 million or Higher

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644

+ Details

Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Selected Financial Data for Segments

Three Months Ended June 30, 2017

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	107,681	$	26,883	$	5,128	$	—		$	—		$	139,692
Other	5,218		2,095		6,253		—			—			13,566
Total external revenues	112,899		28,978		11,381		—			—			153,258
Internal revenues	1,234		586		8,195		—			(10,015		)	—
Total operating revenues	114,133		29,564		19,576		—			(10,015		)	153,258

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	38,469		14,911		9,330		—			(9,329		)	53,381
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	29,637		4,867		1,683		7,521			(686		)	43,022
Integration and acquisition expenses	4,124		—		—		(446		)	—			3,678
Depreciation and amortization	35,551		6,090		3,155		129			—			44,925
Total operating expenses	107,781		25,868		14,168		7,204			(10,015		)	145,006
Operating income (loss)	$	6,352	$	3,696	$	5,408	$	(7,204	)	$	—		$	8,252

Three Months Ended June 30, 2016

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	86,873	$	24,167	$	4,820	$	—		$	—		$	115,860
Other	6,280		1,923		6,246		—			—			14,449
Total external revenues	93,153		26,090		11,066		—			—			130,309
Internal revenues	1,141		311		7,525		—			(8,977		)	—
Total operating revenues	94,294		26,401		18,591		—			(8,977		)	130,309

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	35,236		14,564		8,808		—			(8,312		)	50,296
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	23,010		4,794		1,670		4,885			(665		)	33,694
Integration and acquisition expenses	5,276		—		—		14,778			—			20,054
Depreciation and amortization	23,495		5,879		2,933		108			—			32,415
Total operating expenses	87,017		25,237		13,411		19,771			(8,977		)	136,459
Operating income (loss)	$	7,277	$	1,164	$	5,180	$	(19,771	)	$	—		$	(6,150	)

Six Months Ended June 30, 2017

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	215,867	$	53,294	$	10,176	$	—		$	—		$	279,337
Other	11,261		4,129		12,411		—			—			27,801
Total external revenues	227,128		57,423		22,587		—			—			307,138
Internal revenues	2,468		1,154		16,143					(19,765		)	—
Total operating revenues	229,596		58,577		38,730		—			(19,765		)	307,138

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	76,788		30,139		18,603		—			(18,388		)	107,142
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	58,101		9,725		3,359		13,367			(1,377		)	83,175
Integration and acquisition expenses	7,916		—		—		251			—			8,167
Depreciation and amortization	71,303		11,879		6,286		261			—			89,729
Total operating expenses	214,108		51,743		28,248		13,879			(19,765		)	288,213
Operating income (loss)	$	15,488	$	6,834	$	10,482	$	(13,879	)	$	—		$	18,925

Six Months Ended June 30, 2016

(in thousands)



	Wireless		Cable		Wireline		Other			Eliminations			Consolidated Totals
External revenues
Service revenues	$	139,052	$	48,507	$	9,779	$	—		$	—		$	197,338
Other	9,484		3,768		12,290		—			—			25,542
Total external revenues	148,536		52,275		22,069		—			—			222,880
Internal revenues	2,276		572		14,901		—			(17,749		)	—
Total operating revenues	150,812		52,847		36,970		—			(17,749		)	222,880

Operating expenses
Costs of goods and services, exclusive of depreciation and amortization shown separately below	51,815		29,210		17,450		—			(16,418		)	82,057
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	34,524		9,902		3,275		8,750			(1,331		)	55,120
Integration and acquisition expenses	5,276		—		—		15,110			—			20,386
Depreciation and amortization	31,988		11,974		5,967		225			—			50,154
Total operating expenses	123,603		51,086		26,692		24,085			(17,749		)	207,717
Operating income (loss)	$	27,209	$	1,761	$	10,278	$	(24,085	)	$	—		$	15,163

Reconciliation of Income (Loss) from Continuing Operations from Segments to Consolidated

A reconciliation of the total of the reportable segments’ operating income (loss) to consolidated income (loss) before taxes is as follows:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2017			2016			2017			2016
Total consolidated operating income (loss)	$	8,252		$	(6,150	)	$	18,925		$	15,163
Interest expense	(9,389		)	(5,904		)	(18,489		)	(7,524		)
Non-operating income, net	1,297			167			2,672			723
Income before income taxes	$	160		$	(11,887	)	$	3,108		$	8,362

Assets by Segment

The Company’s assets by segment are as follows:



(in thousands)	June 30, 2017		December 31, 2016
Wireless	$	1,039,531	$	1,101,716
Cable	225,954		218,471
Wireline	123,123		115,282
Other	54,391		48,938
Consolidated totals	$	1,442,999	$	1,484,407

Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2017

The following tables summarize the financial statement impact from related party transactions with ValleyNet (in thousands):



	Three Months Ended June 30,				Six Months Ended June 30,
Statement of Operations and Comprehensive Income (Loss)	2017		2016		2017		2016
Facility Lease Revenue	$	592	$	636	$	1,158	$	1,250
Costs of Goods and Services	872		687		1,749		1,304

	June 30, 2017		December 31, 2016
Consolidated Balance Sheet
Accounts Receivable related to ValleyNet	$	187	$	191
Accounts Payable related to ValleyNet	299		448

Basis of Presentation - Narrative (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustment to net cash provided by operating activities	$ (86,794)	$ (50,393)
Adjustments to net cash used in investing activities	$ 74,490	704,317
Immaterial Error Correction
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustments to net cash used in investing activities		10,400
Restatement Adjustment \| Immaterial Error Correction
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Adjustment to net cash provided by operating activities		$ 10,400

Acquisitions - Narrative (Details) customer in Thousands, $ in Thousands			3 Months Ended		6 Months Ended
	Apr. 06, 2017 USD ($) customer	May 06, 2016 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)	Jun. 30, 2017 USD ($)	Jun. 30, 2016 USD ($)
Business Acquisition [Line Items]
Acquisition related costs, legal services, professional services and severance accrualss				$ 14,800		$ 15,100
Integration and acquisition expenses			$ 3,678	20,054	$ 8,167	20,386
Amortization expense			200
Ntelos Holding, Corp
Business Acquisition [Line Items]
Aggregate purchase price		$ 667,800
Measurement period adjustment, amortization expense			100		100
Measurement period adjustment, depreciation expense				4,600		4,600
Integration and acquisition expenses			$ 5,400	$ 22,400	$ 12,500	$ 22,700
Term extend for affiliate relationship agreement		5 years
Limit of waived feed under affiliate agreement		$ 251,800
Period for additional waiver of management fee under affiliate agreement		6 months
Affiliate contract expansion \| Ntelos Holding, Corp
Business Acquisition [Line Items]
Intangible asset useful life		14 years
Minimum \| Ntelos Holding, Corp
Business Acquisition [Line Items]
Before amendment right or obligation to sell business		80.00%
Maximum \| Ntelos Holding, Corp
Business Acquisition [Line Items]
After amendment right or obligation to sell business		90.00%
Management fee charge by Sprint		$ 4,200
Additional waiver of management fee under affiliate agreement		$ 5,000
Sprint and Affiliates \| Sprint PCS Management Agreement, Former Retail, Post and Prepaid Subscribers, Sprint-branded Affiliate Customers
Business Acquisition [Line Items]
Number of customers \| customer	25
Sprint and Affiliates \| Spring PCS Management Agreement, Future Investment, Upgrade and Expand Existing Wireless Network Coverage
Business Acquisition [Line Items]
Future investment in existing wireless network	$ 32,000
Future investment in existing wireless network, term	3 years

Acquisitions - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands		6 Months Ended	12 Months Ended
	May 06, 2016	Jun. 30, 2017	May 06, 2017	Dec. 31, 2016
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Goodwill		$ 146,497		$ 145,256
Measurement Period Adjustments
Goodwill		$ 1,241
Ntelos Holding, Corp
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Accounts receivable	$ 48,476		$ 47,234
Inventory	3,810		4,572
Restricted cash	2,167		2,167
Investments	1,501		1,501
Prepaid expenses and other assets	14,835		14,835
Building held for sale	4,950		4,950
Property, plant and equipment	223,900		227,247
Goodwill	151,627		146,383
Other long term assets	10,288		10,843
Total assets acquired	868,954		880,907
Accounts payable	8,648		8,543
Advanced billings and customer deposits	12,477		12,477
Accrued expenses	25,230		23,141
Capital lease liability	418		418
Deferred tax liabilities	124,964		129,291
Retirement benefits	19,461		19,198
Other long-term liabilities	14,056		20,085
Total liabilities assumed	205,254		213,153
Net assets acquired	663,700		667,754
Measurement Period Adjustments
Accounts receivable			(1,242)
Inventory			762
Restricted cash			0
Investments			0
Prepaid expenses and other assets			0
Building held for sale			0
Property, plant and equipment			3,347
Goodwill			(5,244)
Other long term assets			555
Total assets acquired			11,953
Accounts payable			(105)
Advanced billings and customer deposits			0
Accrued expenses			(2,089)
Capital lease liability			0
Deferred tax liabilities			4,327
Retirement benefits			(263)
Other long-term liabilities			6,029
Total liabilities assumed			7,899
Net assets acquired			4,054
Spectrum licenses \| Ntelos Holding, Corp
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Finite-lived intangible assets	198,200		198,200
Measurement Period Adjustments
Finite-lived intangible assets			0
Acquired subscribers - wireless \| Ntelos Holding, Corp
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Finite-lived intangible assets	198,200		205,946
Measurement Period Adjustments
Finite-lived intangible assets			7,746
Favorable lease intangible assets \| Ntelos Holding, Corp
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Finite-lived intangible assets	11,000		17,029
Measurement Period Adjustments
Finite-lived intangible assets			$ 6,029
Sprint and Affiliates \| Nonmonetary Exchange of Intangibles \| Spectrum licenses
Measurement Period Adjustments
Related party transaction	198,200
Sprint and Affiliates \| Nonmonetary Exchange of Intangibles \| Acquired subscribers - wireless
Measurement Period Adjustments
Related party transaction	206,000
Sprint and Affiliates \| Nonmonetary Exchange of Intangibles \| Affiliate contract expansion
Measurement Period Adjustments
Related party transaction	283,300
Sprint and Affiliates \| Nonmonetary Exchange of Intangibles \| Additional Acquired Subscribers Wireless
Measurement Period Adjustments
Related party transaction	$ 120,900
Sprint and Affiliates \| Nonmonetary Exchange of Intangibles \| Additional Customer Based Contract Rights
Measurement Period Adjustments
Related party transaction, gain recognition period	5 years

Acquisitions - Schedule of Pro Froma Results (Details) - Ntelos Holding, Corp - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2016
Business Acquisition [Line Items]
Operating revenues	$ 161,100	$ 334,400
Income (loss) before income taxes	$ (7,500)	$ 9,400

Acquisitions - Schedule of Acquisition Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Business Acquisition [Line Items]
Integration and acquisition expenses	$ 3,678	$ 20,054	$ 8,167	$ 20,386
Ntelos Holding, Corp
Business Acquisition [Line Items]
Integration and acquisition expenses	5,400	22,400	12,500	22,700
Ntelos Holding, Corp \| Cost of goods and services
Business Acquisition [Line Items]
Integration and acquisition expenses	400	300	1,200	300
Ntelos Holding, Corp \| Selling, general and administrative
Business Acquisition [Line Items]
Integration and acquisition expenses	1,300	2,000	3,100	2,000
Ntelos Holding, Corp \| Integration and acquisition
Business Acquisition [Line Items]
Integration and acquisition expenses	$ 3,700	$ 20,100	$ 8,200	$ 20,400

Acquisitions - Schedule of Intangible Assets Acquired (Details) - USD ($) $ in Thousands	Apr. 06, 2017	May 06, 2016
Ntelos Holding, Corp \| Affiliate contract expansion
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired as part of business combination		$ 283,302
Intangible asset useful life		14 years
Ntelos Holding, Corp \| Favorable lease intangible assets
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired as part of business combination		$ 17,029
Ntelos Holding, Corp \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets acquired as part of business combination		$ 120,855
Minimum \| Ntelos Holding, Corp \| Favorable lease intangible assets
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life		3 years
Minimum \| Ntelos Holding, Corp \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life		4 years
Maximum \| Ntelos Holding, Corp \| Favorable lease intangible assets
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life		19 years
Maximum \| Ntelos Holding, Corp \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life		10 years
Sprint PCS Management Agreement \| Sprint and Affiliates
Acquired Finite-Lived Intangible Assets [Line Items]
Assets acquired, fair value	$ 6,000
Sprint PCS Management Agreement \| Sprint and Affiliates \| Affiliate contract expansion
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life	13 years
Assets acquired, fair value	$ 3,843
Sprint PCS Management Agreement \| Sprint and Affiliates \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Assets acquired, fair value	$ 2,157
Sprint PCS Management Agreement \| Sprint and Affiliates \| Minimum \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life	2 years
Sprint PCS Management Agreement \| Sprint and Affiliates \| Maximum \| Acquired subscribers - wireless
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible asset useful life	7 years

Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 1,214,301	$ 1,159,077
Less accumulated amortization and depreciation	534,838	460,955
Net property, plant and equipment	679,463	698,122
Plant in service
Property, plant and equipment [Abstract]
Total property, plant and equipment	1,145,594	1,085,318
Plant under construction
Property, plant and equipment [Abstract]
Total property, plant and equipment	$ 68,707	$ 73,759

Earnings (loss) per share (EPS) - Schedule of Diluted Earnings Per Shares Calculation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Basic income (loss) per share
Net loss	$ (80)	$ (6,995)	$ 2,261	$ 6,885	$ (895)
Basic average shares outstanding (in shares)	49,115,000	48,830,000	49,083,000	48,696,000
Basic income (loss) per share (in dollars per share)	$ 0.00	$ (0.14)	$ 0.05	$ 0.14
Effect of stock options and awards outstanding:
Basic average shares outstanding (in shares)	49,115,000	48,830,000	49,083,000	48,696,000
Effect from dilutive shares and options outstanding (in shares)	0	0	767,000	719,000
Diluted weighted average shares (in shares)	49,115,000	48,830,000	49,850,000	49,415,000
Diluted income (loss) per share (in dollars per share)	$ 0.00	$ (0.14)	$ 0.05	$ 0.14

Earnings (loss) per share (EPS) - Schedule of Antidilutive Shares (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Awards excluded from the computation of diluted net income per share because their inclusion would have been anti-dilutive (in shares)	786	703	87	22

Investments (Details) - USD ($) $ in Thousands	6 Months Ended
Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Investments carried at fair value	$ 3,137		$ 2,907
Dividend and interest income from investments	45
Net unrealized gains recognized	$ 187	$ 83

- Definition

Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method.

+ References + Details

Investments - Other Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Investment [Line Items]
Cost method investments	$ 7,208	$ 6,919
Total other investments	7,712	7,369
Other Equity Investments
Investment [Line Items]
Other	504	450
CoBank
Investment [Line Items]
Cost method investments	6,470	6,177
Other Equity Investments
Investment [Line Items]
Cost method investments	$ 738	$ 742

Financial Instruments - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Investment [Line Items]
Other long-term investments	$ 7,712	$ 7,369
Cost method investments	7,208	6,919
CoBank
Investment [Line Items]
Cost method investments	$ 6,470	$ 6,177

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income - Narrative (Details)	6 Months Ended
	Jun. 30, 2017 USD ($)	May 31, 2016 USD ($) counterparty	Sep. 30, 2012 USD ($)
Derivative [Line Items]
Percentage of expected outstanding debt	50.00%
Interest rate swap \| Cash Flow Hedge
Derivative [Line Items]
Amount of notional principal interest rate swap			$ 174,600,000
Notional amount of cash flow hedges	$ 126,600,000.0
Interest rate swap \| Cash Flow Hedge \| Three Counterparties
Derivative [Line Items]
Amount of notional principal interest rate swap		$ 256,600,000
Notional amount of cash flow hedges	302,400,000.0
Number of counterparties \| counterparty		3
Interest Expense
Derivative [Line Items]
Amount reclassified as a reduction to interest expense during next twelve months	$ 783,000

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income - Schedule of Derivative Financial Instrument as Well as its Classification on the Consolidated Balance Sheet (Details) - Interest rate swap - Derivatives designated as hedging instruments - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]
Total derivatives designated as hedging instruments	$ 9,963	$ 11,223
Prepaid expenses and other
Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]
Derivative assets, fair value	783	0
Deferred charges and other assets, net
Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]
Derivative assets, fair value	9,180	12,118
Accrued liabilities and other
Derivative Assets (Liabilities), at Fair Value, Net, by Balance Sheet Classification [Abstract]
Derivatives liabilities, fair value	$ 0	$ (895)

Derivative Instruments, Hedging Activities and Accumulated Other Comprehensive Income - Schedule of Accumulated Other Comprehensive Income (Loss) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Gains on Cash Flow Hedges
December 31, 2016	$ 11,223
June 30, 2017	9,963
Income Tax Expense
December 31, 2016	(4,435)
June 30, 2017	(3,951)
Accumulated Other Comprehensive Income, net of taxes
December 31, 2016	6,788
June 30, 2017	6,012
Gains on Cash Flow Hedges
Gains on Cash Flow Hedges
Net change in unrealized losses	(1,867)
Amounts reclassified from accumulated other comprehensive income to interest expense	607
Net current period accumulated other comprehensive income (loss)	(1,260)
Income Tax Expense
Net change in unrealized losses	717
Amounts reclassified from accumulated other comprehensive income to interest expense	(233)
Net current period accumulated other comprehensive income (loss)	484
Accumulated Other Comprehensive Income, net of taxes
Net change in unrealized losses	(1,150)
Amounts reclassified from accumulated other comprehensive income to interest expense	374
Net current period accumulated other comprehensive income (loss)	$ (776)

Goodwill and Other Intangible Assets - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2017 USD ($)
Goodwill [Roll Forward]
Goodwill beginning balance	$ 145,256
Measurement Period Adjustments	1,241
Goodwill ending balance	146,497
Wireline
Goodwill [Roll Forward]
Goodwill beginning balance	10
Measurement Period Adjustments	0
Goodwill ending balance	10
Cable
Goodwill [Roll Forward]
Goodwill beginning balance	104
Measurement Period Adjustments	0
Goodwill ending balance	104
Wireless
Goodwill [Roll Forward]
Goodwill beginning balance	145,142
Measurement Period Adjustments	1,241
Goodwill ending balance	$ 146,383

Goodwill and Other Intangible Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Non-amortizing intangibles:	$ 64,431	$ 64,431
Gross Carrying Amount	455,601	449,384
Accumulated Amortization	(83,376)	(59,283)
Net	372,225	390,101
Total intangible assets, gross	520,032	513,815
Intangible assets, net	436,656	454,532
Affiliate contract expansion
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	287,102	284,102
Accumulated Amortization	(24,351)	(14,030)
Net	262,751	270,072
Acquired subscribers – wireless
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	123,055	120,855
Accumulated Amortization	(31,258)	(18,738)
Net	91,797	102,117
Favorable leases - wireless
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	16,950	16,950
Accumulated Amortization	(1,955)	(1,130)
Net	14,995	15,820
Acquired subscribers – cable
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	25,265	25,265
Accumulated Amortization	(24,974)	(24,631)
Net	291	634
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	3,229	2,212
Accumulated Amortization	(838)	(754)
Net	2,391	1,458
Cable franchise rights
Finite-Lived Intangible Assets [Line Items]
Non-amortizing intangibles:	64,334	64,334
Railroad crossing rights
Finite-Lived Intangible Assets [Line Items]
Non-amortizing intangibles:	$ 97	$ 97

Accrued Liabilities and Other (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Sales and property taxes payable	$ 4,735	$ 6,628
Severance accrual, current portion	2,491	4,267
Asset retirement obligations, current portion	1,621	5,841
Accrued programming costs	2,942	2,939
Other current liabilities	5,763	9,410
Accrued liabilities and other	$ 17,552	$ 29,085

Accrued and Other Liabilities - Other Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Non-current portion of deferred revenues	$ 10,531	$ 8,933
Straight-line management fee waiver	20,614	11,974
Other	1,354	2,836
Other liabilities	$ 32,499	$ 23,743

- Definition

The noncurrent portion of deferred revenue amount as of balance sheet date. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized, and is not expected to be recognized in the next twelve months. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

+ References + Details

Long-Term Debt and Revolving Lines of Credit - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Long-term debt	$ 860,750	$ 847,875
Less: unamortized loan fees	16,721	18,610
Total debt, net of unamortized loan fees	844,029	829,265
Current maturities of long term debt, net of unamortized loan fees	44,247	32,041
Long-term debt, less current maturities, net of unamortized loan fees	799,782	797,224
Term loan A-1
Debt Instrument [Line Items]
Long-term debt	460,750	472,875
Term loan A-2
Debt Instrument [Line Items]
Long-term debt	$ 400,000	$ 375,000

Long-Term Debt and Revolving Lines of Credit - Narrative (Details)	6 Months Ended
	Jun. 30, 2017 USD ($)	Dec. 31, 2016 USD ($)
Debt Instrument [Line Items]
Total indebtedness	$ 860,800,000
Effective interest rate	4.06%
Long-term debt	$ 860,750,000	$ 847,875,000
Leverage ratio two	3.25
Leverage ratio three	3.00
Debt service coverage ratio, actual	4.35
Debt instrument covenants minimum liquidity amount	$ 25,000,000
Maximum
Debt Instrument [Line Items]
Leverage ratio one	3.75
Minimum
Debt Instrument [Line Items]
Debt service coverage ratio, actual	2.00
Term loan A-1
Debt Instrument [Line Items]
Effective interest rate	3.98%
Long-term debt	$ 460,750,000	472,875,000
Periodic payment principal, period two	$ 12,100,000
Term loan A-1 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	2.75%
Term loan A-2
Debt Instrument [Line Items]
Effective interest rate	4.23%
Long-term debt	$ 400,000,000	$ 375,000,000
Periodic payment of principal	$ 10,000,000
Term loan A-2 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Variable interest rate	3.00%

Long-Term Debt and Revolving Lines of Credit - Schedule of Financial Covenants (Details)	6 Months Ended
	Jun. 30, 2017 USD ($)
Debt Disclosure [Abstract]
Leverage ratio, actual	2.91
Covenant requirement, total leverage ratio	3.75
Debt service coverage ratio, actual	4.35
Minimum debt service coverage ratio	2.00
Covenant, liquidity balance, actual	$ 133,400,000
Debt instrument covenants minimum liquidity amount	$ 25,000,000

Segment Information - Narrative (Details)	6 Months Ended
Segment Information - Narrative (Details)	Jun. 30, 2017 state segment
Segment Reporting [Abstract]
Number of reportable segments \| segment	3
Non Sprint operations, number of states \| state	4

Segment Information - Selected Financial Data for Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
External revenues [Abstract]
Service revenues	$ 139,692	$ 115,860	$ 279,337	$ 197,338
Other	13,566	14,449	27,801	25,542
Total external revenues	153,258	130,309	307,138	222,880
Internal revenues	0	0	0	0
Total operating revenues	153,258	130,309	307,138	222,880
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	53,381	50,296	107,142	82,057
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	43,022	33,694	83,175	55,120
Integration and acquisition expenses	3,678	20,054	8,167	20,386
Depreciation and amortization	44,925	32,415	89,729	50,154
Total operating expenses	145,006	136,459	288,213	207,717
Operating income (loss)	8,252	(6,150)	18,925	15,163
Operating Segments \| Wireless
External revenues [Abstract]
Service revenues	107,681	86,873	215,867	139,052
Other	5,218	6,280	11,261	9,484
Total external revenues	112,899	93,153	227,128	148,536
Internal revenues	1,234	1,141	2,468	2,276
Total operating revenues	114,133	94,294	229,596	150,812
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	38,469	35,236	76,788	51,815
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	29,637	23,010	58,101	34,524
Integration and acquisition expenses	4,124	5,276	7,916	5,276
Depreciation and amortization	35,551	23,495	71,303	31,988
Total operating expenses	107,781	87,017	214,108	123,603
Operating income (loss)	6,352	7,277	15,488	27,209
Operating Segments \| Cable
External revenues [Abstract]
Service revenues	26,883	24,167	53,294	48,507
Other	2,095	1,923	4,129	3,768
Total external revenues	28,978	26,090	57,423	52,275
Internal revenues	586	311	1,154	572
Total operating revenues	29,564	26,401	58,577	52,847
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	14,911	14,564	30,139	29,210
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	4,867	4,794	9,725	9,902
Integration and acquisition expenses	0	0	0	0
Depreciation and amortization	6,090	5,879	11,879	11,974
Total operating expenses	25,868	25,237	51,743	51,086
Operating income (loss)	3,696	1,164	6,834	1,761
Operating Segments \| Wireline
External revenues [Abstract]
Service revenues	5,128	4,820	10,176	9,779
Other	6,253	6,246	12,411	12,290
Total external revenues	11,381	11,066	22,587	22,069
Internal revenues	8,195	7,525	16,143	14,901
Total operating revenues	19,576	18,591	38,730	36,970
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	9,330	8,808	18,603	17,450
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	1,683	1,670	3,359	3,275
Integration and acquisition expenses	0	0	0	0
Depreciation and amortization	3,155	2,933	6,286	5,967
Total operating expenses	14,168	13,411	28,248	26,692
Operating income (loss)	5,408	5,180	10,482	10,278
Operating Segments \| Other
External revenues [Abstract]
Service revenues	0	0	0	0
Other	0	0	0	0
Total external revenues	0	0	0	0
Internal revenues	0	0		0
Total operating revenues	0	0	0	0
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	0	0	0	0
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	7,521	4,885	13,367	8,750
Integration and acquisition expenses	(446)	14,778	251	15,110
Depreciation and amortization	129	108	261	225
Total operating expenses	7,204	19,771	13,879	24,085
Operating income (loss)	(7,204)	(19,771)	(13,879)	(24,085)
Intersegment Eliminations
External revenues [Abstract]
Service revenues	0	0	0	0
Other	0	0	0	0
Total external revenues	0	0	0	0
Internal revenues	(10,015)	(8,977)	(19,765)	(17,749)
Total operating revenues	(10,015)	(8,977)	(19,765)	(17,749)
Operating expenses:
Costs of goods and services, exclusive of depreciation and amortization shown separately below	(9,329)	(8,312)	(18,388)	(16,418)
Selling, general and administrative, exclusive of depreciation and amortization shown separately below	(686)	(665)	(1,377)	(1,331)
Integration and acquisition expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Total operating expenses	(10,015)	(8,977)	(19,765)	(17,749)
Operating income (loss)	$ 0	$ 0	$ 0	$ 0

Segment Information - Reconciliation of Operating Profit (Loss) from Segments to Consolidated (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Reconciliation of income from continuing operations from segments to consolidated [Abstract]
Total consolidated operating income (loss)	$ 8,252	$ (6,150)	$ 18,925	$ 15,163
Interest expense	(9,389)	(5,904)	(18,489)	(7,524)
Non-operating income, net	1,297	167	2,672	723
Income (loss) before income taxes	$ 160	$ (11,887)	$ 3,108	$ 8,362

Segment Information - Assets by Segment (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 1,442,999	$ 1,484,407
Operating Segments \| Wireless
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	1,039,531	1,101,716
Operating Segments \| Cable
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	225,954	218,471
Operating Segments \| Wireline
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	123,123	115,282
Operating Segments \| Other
Segment Reporting, Asset Reconciling Item [Line Items]
Assets	$ 54,391	$ 48,938

Related Party Transactions - Schedule of Related Party Financial Impact (Details) - ValleyNet - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Statement of Operations and Comprehensive Income
Facility Lease Revenue	$ 592	$ 636	$ 1,158	$ 1,250
Costs of Goods and Services	872	$ 687	1,749	$ 1,304
Consolidated Balance Sheet
Accounts Receivable related to ValleyNet	187		187		$ 191
Accounts Payable related to ValleyNet	$ 299		$ 299		$ 448