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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net income $ 11,031,270 $ 10,100,325
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation 434,069 619,100
Provision for bad debts 1,219,698 1,164,058
BMI music license fee settlement (770,654)  
Depreciation and amortization 2,097,179 2,391,531
Amortization of loan fees 362,160 395,113
Loss on extinguishment of long-term debt 2,563,979  
Deferred income taxes 3,870,822 5,127,247
Change in operating assets and liabilities:    
Accounts receivable (1,635,513) (698,214)
Prepaid expenses 1,118,718 149,366
Other assets 111,341 563,243
Accounts payable 249,626 218,070
Other liabilities 568,389 1,047,730
Other operating activities (816,549) (409,228)
Net cash provided by operating activities 20,404,535 20,668,341
Cash flows from investing activities:    
Capital expenditures (1,709,291) (1,444,879)
Payment for acquisition of radio station (2,000,000)  
Payments for translator licenses (195,000)  
Payments for investments (166,667) (1,150,000)
Repayment of notes receivable from related parties 283,588 267,113
Net cash used in investing activities (3,787,370) (2,327,766)
Cash flows from financing activities:    
Principal payments on indebtedness (9,983,619) (15,256,136)
Repayment of note payable to related party (2,500,000)  
Payments of loan fees (3,963,445)  
Tax benefit from vesting of restricted stock (80,104) 80,104
Cash dividends paid (1,927,564)   
Payments for treasury stock (111,854) (214,137)
Net cash used in financing activities (18,566,586) (15,390,169)
Net increase (decrease) in cash and cash equivalents (1,949,421) 2,950,406
Cash and cash equivalents at beginning of period 13,610,069 10,659,663
Cash and cash equivalents at end of period 11,660,648 13,610,069
Cash paid for interest 6,200,092 6,988,006
Cash paid for income taxes 3,319,500 1,150,000
Supplement disclosure of non-cash investing and financing activities:    
Property and equipment acquired through placement of advertising airtime 137,507 132,519
Note payable to related party to partially finance acquisition of radio station $ 2,500,000