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Note 10 - Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
|  | December 31, |
|  | 2022 |  |  | 2021 |
Income tax (provision) benefit: |  |  |  |  |  |  |  |
Current federal income tax expense (benefit) |  | $ | - |  |  | $ | - |
Current state income tax expense (benefit) |  |  | 256,971 |  |  |  | - |
Deferred federal income tax (benefit) expense |  |  | (1,862,601 | ) |  |  | 13,322,593 |
Deferred state income tax (benefit) expense |  |  | (1,890,491 | ) |  |  | 4,371,387 |
Total income tax (benefit) expense before valuation allowance |  |  | (3,496,121 | ) |  |  | 17,693,980 |
Valuation allowance |  |  | - |  |  |  | - |
Total income tax (benefit) expense |  | $ | (3,496,121 | ) |  | $ | 17,693,980 |
Deferred tax assets: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 7,011,687 |  |  | $ | 6,831,339 |
Tax credits |  |  | 643,945 |  |  |  | 366,366 |
Lease liabilities |  |  | 15,644,321 |  |  |  | 16,636,855 |
Premium adjustments and IBNR |  |  | 906,208 |  |  |  | 404,891 |
Investment in unconsolidated subsidiaries |  |  | 245,724 |  |  |  | - |
Disallowed interest expense carryforwards |  |  | 201,725 |  |  |  | - |
Other |  |  | 54,714 |  |  |  | 16,754 |
Total deferred tax assets |  |  | 24,708,324 |  |  |  | 24,256,205 |
Valuation allowance |  |  | (832,123 | ) |  |  | (2,165,808 | )
Net deferred tax assets |  | $ | 23,876,201 |  |  | $ | 22,090,397 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Property and equipment |  | $ | (14,785,116 | ) |  | $ | (7,770,312 | )
Intangibles |  |  | (5,637,973 | ) |  |  | (1,480,060 | )
Right of use assets |  |  | (15,721,959 | ) |  |  | (16,810,802 | )
Investment in unconsolidated subsidiaries |  |  | - |  |  |  | (887,327 | )
Unrealized gain on securities |  |  | (1,679,572 | ) |  |  | (12,892,876 | )
Total deferred tax liabilities |  |  | (37,824,620 | ) |  |  | (39,841,377 | )
Net deferred tax liabilities |  | $ | (13,948,419 | ) |  | $ | (17,750,980 | )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
|  | For the Year Ended December 31, |
|  | 2022 |  |  | 2021 |
Federal income tax at statutory rate |  | $ | 795,720 |  |  | $ | 15,291,464 |
State income taxes, net of federal benefit |  |  | (412,633 | ) |  |  | 4,498,347 |
Non-controlling interest |  |  | (38,802 | ) |  |  | - |
Provision to return adjustments |  |  | 275,920 |  |  |  | 973,002 |
Nondeductible officer's compensation |  |  | - |  |  |  | 3,803,973 |
Warrant income |  |  | (489,221 | ) |  |  | (1,672,815 | )
Gain on deconsolidation of Yellowstone |  |  | (3,979,091 | ) |  |  | - |
Other permanent differences |  |  | 58,975 |  |  |  | (56,592 | )
Valuation allowance |  |  | 334,861 |  |  |  | (5,121,421 | )
Other |  |  | (41,850 | ) |  |  | (21,978 | )
Total income tax (benefit) expense |  | $ | (3,496,121 | ) |  | $ | 17,693,980 |

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- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319 + Details
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