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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 9,979,501 $ 13,922,390
Accounts receivable, less allowance for doubtful accounts of $1,623,408 in 2017 and $1,836,570 in 2018 46,784,485 42,669,351
Prepaid expenses 10,059,743 6,001,996
Merger consideration receivable   17,931,331
Other current assets 5,507,574 4,135,905
Total current assets 72,331,303 84,660,973
Property and equipment, net 58,514,125 59,318,933
FCC broadcasting licenses 516,585,379 489,186,679
Goodwill 25,377,447 15,275,264
Other intangibles, net 3,007,925 550,058
Other assets 5,957,487 5,726,874
Total assets 681,773,666 654,718,781
Current liabilities:    
Current installments of long-term debt 66,331 2,314,020
Accounts payable 14,563,405 7,847,829
Other current liabilities 20,254,443 18,799,195
Total current liabilities 34,884,179 28,961,044
Due to related parties 686,507 759,041
Long-term debt, net of current installments and unamortized debt issuance costs 243,809,065 212,465,882
Deferred tax liabilities 117,502,879 115,282,931
Other long-term liabilities 10,961,413 11,083,683
Total liabilities 407,844,043 368,552,581
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 149,795,872 147,987,332
Treasury stock, Class A common stock; 3,032,740 shares in 2017; 4,379,477 shares in 2018 (30,267,980) (16,667,085)
Retained earnings 154,680,213 154,389,494
Accumulated other comprehensive income (loss) (310,345) 424,574
Total stockholders' equity 273,929,623 286,166,200
Total liabilities and stockholders' equity 681,773,666 654,718,781
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 15,201 15,223
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662