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Condensed Consolidated Statements of Comprehensive Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net revenue $ 65,147,080 $ 58,902,050 $ 181,926,003 $ 173,656,015
Operating expenses:        
Station operating expenses (including stock-based compensation of $69,815 and $156,338 in three month ended September 30, 2017 and 2018 and $203,530 and $529,802 in nine month ended September 30, 2017 and 2018 respectively excluding depreciation and amortization shown separately below) 50,351,099 42,481,721 140,831,239 131,344,313
Corporate general and administrative expenses (including stock-based compensation of $472,167 and $301,116 in three month ended September 30, 2017 and 2018 and $1,310,147 and $1,248,828 in nine month ended September 30, 2017 and 2018 respectively) 3,665,865 4,026,521 11,388,637 11,745,100
Transaction expenses 110,901   110,901 746,070
Other operating expenses   290,581   871,743
Depreciation and amortization 1,693,073 1,453,167 4,801,859 4,575,646
Change in fair value of contingent consideration   (2,524,195) 4,415,925 (7,666,145)
Gain on dispositions, net       (3,707,993)
Termination of postretirement benefits plan       (1,812,448)
Total operating expenses 55,820,938 45,727,795 161,548,561 136,096,286
Operating income 9,326,142 13,174,255 20,377,442 37,559,729
Non-operating income (expense):        
Interest expense (4,073,658) (4,717,530) (11,504,473) (14,296,913)
Loss on modification of long-term debt (281,021)   (281,021)  
Other income (expense), net (761,275) 46,219 (285,063) 441,936
Income before income taxes 4,210,188 8,502,944 8,306,885 23,704,752
Income tax expense 1,578,412 2,432,740 3,917,689 6,242,531
Net income 2,631,776 6,070,204 4,389,196 17,462,221
Other comprehensive income:        
Unrealized losses on securities (net of income tax benefit of $726 and $16,463 in three and nine month ended September 30, 2017 respectively)   (1,119)   (25,364)
Unrecognized actuarial losses on postretirement plans (net of income tax benefit of $40,697 and $40,697 in three and six month ended June 30, 2017 respectively)       (62,699)
Reclassification of other comprehensive income due to termination of pension plan (net of income tax benefit of $261,358)     (731,265)  
Comprehensive income $ 2,631,776 $ 6,069,085 $ 3,657,931 $ 17,374,158
Net income per Class A and B common share:        
Basic and diluted $ 0.10 $ 0.22 $ 0.16 $ 0.63
Dividends declared per common share $ 0.050 $ 0.045 $ 0.150 $ 0.135
Weighted average shares outstanding:        
Basic 27,351,587 27,705,736 27,469,904 27,690,199
Diluted 27,500,840 27,907,570 27,664,999 27,886,984