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Note 3 - Acquisitions and Dispositions (Tables) | 12 Months Ended
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Dec. 31, 2018
Notes Tables |
Schedule of Noncash or Part Noncash Acquisitions [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Acquisition |  |  |  |  |
|  |  |  |  |  |  |  |  |  | and the |  |  |  |  |
|  | Divestiture |  |  | Acquisition |  |  | Acquisition |  |  |  |  |
|  | of KAKE-TV |  |  | of WBXX-TV |  |  | of WLUC-TV |  |  | Total |
Base purchase price |  | $ | - |  |  | $ | 30,000 |  |  | $ | 442,500 |  |  | $ | 472,500 |
Purchase price adjustment |  |  | - |  |  |  | - |  |  |  | 574 |  |  |  | 574 |
Adjusted purchase price |  |  | - |  |  |  | 30,000 |  |  |  | 443,074 |  |  |  | 473,074 |
Cash consideration received from sale of Schurz Radio Stations |  |  | - |  |  |  | - |  |  |  | (16,000 | ) |  |  | (16,000 | )
Net adjusted purchase price allocated to assets acquired and liabilities assumed |  |  | - |  |  |  | 30,000 |  |  |  | 427,074 |  |  |  | 457,074 |
Non-cash consideration received |  |  | (30,000 | ) |  |  | - |  |  |  | - |  |  |  | (30,000 | )
Cash consideration received |  |  | (11,200 | ) |  |  | - |  |  |  | - |  |  |  | (11,200 | )
Net consideration - the Schurz Acquisition and Related Transactions |  | $ | (41,200 | ) |  | $ | 30,000 |  |  | $ | 427,074 |  |  | $ | 415,874 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Years Ended |
|  | December 31, |
|  | 2017 |  |  | 2016 |
Revenue (less agency commissions) |  | $ | 895,081 |  |  | $ | 926,799 |
Net income |  | $ | 260,909 |  |  | $ | 88,679 |
Basic net income per share |  | $ | 3.57 |  |  | $ | 1.23 |
Diluted net income per share |  | $ | 3.53 |  |  | $ | 1.22 |
|  | Years Ended |
|  | December 31, |
|  | 2016 |
Revenue (less agency commissions) |  | $ | 825,787 |
Net income |  | $ | 57,795 |
Basic net income per share |  | $ | 0.80 |
Diluted net income per share |  | $ | 0.79 |
The 2016 Acquisitions [Member] |
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Schurz |  |  |  |  |
|  |  |  |  |  |  |  |  |  | Acquisition |  |  |  |  |
|  |  |  |  |  |  |  |  |  | and the |  |  |  |  |
|  | Acquisition |  |  | Acquisition |  |  | Acquisition |  |  |  |  |
|  | of KYES-TV |  |  | of WBXX-TV |  |  | of WLUC-TV |  |  | Total |
Accounts receivable |  | $ | - |  |  | $ | - |  |  | $ | 19,226 |  |  | $ | 19,226 |
Other current assets |  |  | - |  |  |  | 429 |  |  |  | 4,606 |  |  |  | 5,035 |
Property and equipment |  |  | 176 |  |  |  | 1,633 |  |  |  | 97,814 |  |  |  | 99,623 |
Goodwill |  |  | 28 |  |  |  | 10,288 |  |  |  | 61,981 |  |  |  | 72,297 |
Broadcast licenses |  |  | 254 |  |  |  | 18,199 |  |  |  | 231,391 |  |  |  | 249,844 |
Other intangible assets |  |  | 42 |  |  |  | - |  |  |  | 19,523 |  |  |  | 19,565 |
Other non-current assets |  |  | - |  |  |  | 408 |  |  |  | 3,028 |  |  |  | 3,436 |
Current liabilities |  |  | - |  |  |  | (460 | ) |  |  | (8,903 | ) |  |  | (9,363 | )
Other long-term liabilities |  |  | - |  |  |  | (497 | ) |  |  | (1,592 | ) |  |  | (2,089 | )
Total |  | $ | 500 |  |  | $ | 30,000 |  |  | $ | 427,074 |  |  | $ | 457,574 |
2017 Acquisitions [Member] |
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
|  | Acquisition |  |  |  |  |
|  | Fairbanks |  |  | Media General |  |  | Clarksburg |  |  | Diversified |  |  | Vermont |  |  | Total |
Current assets |  | $ | 122 |  |  | $ | 666 |  |  | $ | 462 |  |  | $ | 361 |  |  | $ | 312 |  |  | $ | 1,923 |
Property and equipment |  |  | 2,650 |  |  |  | 20,181 |  |  |  | 4,133 |  |  |  | 12,329 |  |  |  | 9,513 |  |  |  | 48,806 |
Goodwill |  |  | 471 |  |  |  | 86,287 |  |  |  | 3,222 |  |  |  | 35,486 |  |  |  | 3,393 |  |  |  | 128,859 |
Broadcast licenses |  |  | 2,228 |  |  |  | 149,846 |  |  |  | 17,003 |  |  |  | 26,219 |  |  |  | 7,592 |  |  |  | 202,888 |
Other intangible assets |  |  | 2,702 |  |  |  | 13,398 |  |  |  | 2,234 |  |  |  | 11,051 |  |  |  | 5,191 |  |  |  | 34,576 |
Other non-current assets |  |  | 71 |  |  |  | 282 |  |  |  | 51 |  |  |  | 27 |  |  |  | 3,310 |  |  |  | 3,741 |
Current liabilities |  |  | (140 | ) |  |  | (695 | ) |  |  | (554 | ) |  |  | (423 | ) |  |  | (311 | ) |  |  | (2,123 | )
Other long-term liabilities |  |  | (84 | ) |  |  | - |  |  |  | (51 | ) |  |  | (50 | ) |  |  | - |  |  |  | (185 | )
Total |  | $ | 8,020 |  |  | $ | 269,965 |  |  | $ | 26,500 |  |  | $ | 85,000 |  |  | $ | 29,000 |  |  | $ | 418,485 |

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