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Condensed Consolidated Statements of Balance Sheets (Unaudited) (USD $)
Jun. 30, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 15,397,228 $ 13,610,069
Accounts receivable, less allowance for doubtful accounts of $454,632 in 2011 and $608,887 in 2012 16,829,062 17,759,610
Prepaid expenses 2,805,766 1,311,741
Deferred tax assets   146,816
Other current assets 2,394,789 2,010,349
Total current assets 37,426,845 34,838,585
Notes receivable from related parties 2,799,981 2,939,655
Property and equipment, net 18,452,483 19,761,117
FCC broadcasting licenses 178,958,816 178,913,816
Goodwill 13,629,364 13,629,364
Other assets 6,334,835 4,906,370
Total assets 257,602,324 254,988,907
Current liabilities:    
Current portion of long-term debt 6,942,545 6,848,276
Accounts payable 781,384 906,780
Deferred tax liabilities 214,922  
Other current liabilities 7,794,005 7,294,186
Total current liabilities 15,732,856 15,049,242
Long-term debt, net of current portion 113,225,766 119,885,343
Deferred tax liabilities 47,644,210 45,303,518
Other long-term liabilities 1,045,862 1,103,582
Total liabilities 177,648,694 181,341,685
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, $.001 par value; 10,000,000 shares authorized; none issued      
Additional paid-in capital 116,640,995 116,483,223
Treasury stock, Class A common stock; 2,719,658 in 2011; 2,751,412 shares in 2012 (14,535,617) (14,427,679)
Accumulated deficit (22,182,006) (28,451,072)
Accumulated other comprehensive income 4,697 17,269
Stockholders' equity 79,953,630 73,647,222
Total liabilities and stockholders' equity 257,602,324 254,988,907
Class A Common Stock
    
Stockholders' equity:    
Common stock 8,899 8,819
Class B Common Stock
    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662