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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 14,821,749 $ 13,922,390
Accounts receivable, less allowance for doubtful accounts of $1,623,408 in 2017 and $1,781,075 in 2018 46,159,164 42,669,351
Prepaid expenses 8,665,310 6,001,996
Merger consideration receivable   17,931,331
Other current assets 4,218,357 4,135,905
Total current assets 73,864,580 84,660,973
Property and equipment, net 58,420,296 59,318,933
FCC broadcasting licenses 489,239,179 489,186,679
Goodwill 15,275,264 15,275,264
Other intangibles, net 437,810 550,058
Other assets 5,678,501 5,726,874
Total assets 642,915,630 654,718,781
Current liabilities:    
Current installments of long-term debt 65,561 2,314,020
Accounts payable 9,387,963 7,847,829
Other current liabilities 21,972,355 18,799,195
Total current liabilities 31,425,879 28,961,044
Due to related parties 710,685 759,041
Long-term debt, net of current installments and unamortized debt issuance costs 210,623,083 212,465,882
Deferred tax liabilities 116,956,306 115,282,931
Other long-term liabilities 11,004,318 11,083,683
Total liabilities 370,720,271 368,552,581
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 149,308,509 147,987,332
Treasury stock, Class A common stock; 3,032,740 shares in 2017; 4,377,227 shares in 2018 (30,250,887) (16,667,085)
Retained earnings 153,416,198 154,389,494
Accumulated other comprehensive income (loss) (310,345) 424,574
Total stockholders' equity 272,195,359 286,166,200
Total liabilities and stockholders' equity 642,915,630 654,718,781
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 15,222 15,223
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662