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Note 10 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  | $ | 73 |  |  | $ | 148 |  |  | $ | 74 |
State and local |  |  | 12 |  |  |  | 31 |  |  |  | 26 |
Current income tax expense |  |  | 85 |  |  |  | 179 |  |  |  | 100 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
Federal |  |  | (76 | ) |  |  | (21 | ) |  |  | (12 | )
State and local |  |  | (15 | ) |  |  | 1 |  |  |  | (10 | )
Deferred income tax benefit |  |  | (91 | ) |  |  | (20 | ) |  |  | (22 | )
Total income tax (benefit) expense |  | $ | (6 | ) |  | $ | 159 |  |  | $ | 78 |
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Net book value of property and equipment |  | $ | 149 |  |  | $ | 143 |
Broadcast licenses, goodwill and other intangible assets |  |  | 1,338 |  |  |  | 1,363 |
Other |  |  | 3 |  |  |  | 5 |
Total deferred tax liabilities |  |  | 1,490 |  |  |  | 1,511 |
Deferred tax assets: |  |  |  |  |  |  |  |
Liability for accrued bonus |  |  | 13 |  |  |  | 11 |
State and local operating loss carryforwards |  |  | 7 |  |  |  | 10 |
Interest expense limitation |  |  | 88 |  |  |  | 17 |
Other |  |  | 32 |  |  |  | 29 |
Total deferred tax assets |  |  | 140 |  |  |  | 67 |
Valuation allowance for deferred tax assets |  |  | (9 | ) |  |  | (10 | )
Net deferred tax assets |  |  | 131 |  |  |  | 57 |
Deferred tax liabilities, net of deferred tax assets |  | $ | 1,359 |  |  | $ | 1,454 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Statutory federal rate applied to income before income tax expense |  | $ | (17 | ) |  | $ | 129 |  |  | $ | 35 |
Current year permanent items |  |  | 11 |  |  |  | 5 |  |  |  | 33 |
State and local taxes, net of federal tax benefit |  |  | (4 | ) |  |  | 26 |  |  |  | 10 |
Change in valuation allowance |  |  | (1 | ) |  |  | - |  |  |  | - |
Other items, net |  |  | 5 |  |  |  | (1 | ) |  |  | - |
Income tax (benefit) expense as recorded |  | $ | (6 | ) |  | $ | 159 |  |  | $ | 78 |
Effective income tax rate |  |  | 7 | % |  |  | 26 | % |  |  | 46 | %
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
|  | Year Ended December 31, |
|  | 2023 |  |  | 2022 |  |  | 2021 |
Balance at beginning of period |  | $ | 15 |  |  | $ | 15 |  |  | $ | 14 |
Additions based on tax positions related to prior years |  |  | - |  |  |  | - |  |  |  | 3 |
Statute expirations |  |  | (1 | ) |  |  | - |  |  |  | (2 | )
Balance at end of period |  | $ | 14 |  |  | $ | 15 |  |  | $ | 15 |

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