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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]    
Net revenue $ 232,179,463 $ 136,665,344
Operating expenses:    
Station operating expenses (including stock-based compensation of $112,327 in 2016 and $54,163 in 2017 and excluding depreciation and amortization shown separately below) 174,822,164 96,705,989
Corporate general and administrative expenses (including stock-based compensation of $697,044 in 2016 and $1,690,971 in 2017) 15,832,406 10,303,503
Transaction expenses 963,979 6,381,198
Other operating expenses 968,603  
Depreciation and amortization 6,133,812 6,232,572
Change in fair value of contingent consideration (10,053,754) (1,266,394)
Gain on dispositions, net (3,707,993)  
Gain on exchange (11,803,585)  
Termination of postretirement benefits plan (1,812,448)  
Gain on merger   (44,281,066)
Total operating expenses 171,343,184 74,075,802
Operating income 60,836,279 62,589,542
Non-operating income (expense):    
Interest expense (18,430,072) (6,597,738)
Loss on modification of long-term debt (3,954,035) (769,819)
Other income (expense), net 450,707 564,230
Income before income taxes 38,902,879 55,786,215
Income tax expense (benefit) (48,228,290) 8,297,802
Net income 87,131,169 47,488,413
Other comprehensive income:    
Unrealized losses on securities (net of income tax benefit of $23,214 in 2016 and $21,527 in 2017) (31,521) (39,983)
Unrecognized actuarial gains (losses) on postretirement plans (net of income tax benefit of $491,248 in 2016 and income tax expense of $641,789 in 2017) 1,177,917 (756,998)
Comprehensive income $ 88,277,565 $ 46,691,432
Net income per Class A and B common share:    
Basic $ 3.15 $ 2.00
Diluted 3.14 1.98
Dividends declared per common share $ 0.18 $ 0.18
Weighted average shares outstanding:    
Basic 27,696,790 23,787,485
Diluted 27,792,702 23,950,958