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Note 1 - Organization and Background
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
NOTE
1.
ORGANIZATION AND BACKGROUND
 
Boston Omaha was organized on
August 11, 2009
with present management taking over operations in
February 2015.
Our operations include (i) our outdoor advertising business with multiple billboards across Alabama, Florida, Georgia, Illinois, Iowa, Kansas, Missouri, Nebraska, Virginia, West Virginia, and Wisconsin; (ii) our insurance business that specializes in surety bond underwriting and brokerage, and (iii) minority investments primarily in real estate services, homebuilding, and banking. Our billboard operations are conducted through our subsidiary, Link Media Holdings, LLC, and our insurance operations are conducted through our subsidiary, General Indemnity Group, LLC.
 
We completed an acquisition of an outdoor advertising business and entered the outdoor advertising industry on
June 19, 2015.
During
2015,
2016,
2017
and
2018,
we completed
fourteen
additional acquisitions of outdoor advertising businesses.
 
On
April 20, 2016,
we completed an acquisition of a surety bond brokerage business. On
December 7, 2016,
we acquired a fidelity and surety bond business; and, from
July
through
November 2017
we completed the acquisition of
two
surety brokerage businesses, and we acquired a majority stake in a
third
surety brokerage business, thus expanding our operations in insurance.