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Consolidated Statements of Comprehensive Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]    
Net revenue $ 257,494,599 $ 232,179,463
Operating expenses:    
Station operating expenses (including stock-based compensation of $54,163 in 2017 and $266,015 in 2018 and excluding depreciation and amortization shown separately below) 195,752,948 174,822,164
Corporate general and administrative expenses (including stock-based compensation of $1,690,971 in 2017 and $1,679,654 in 2018) 16,290,535 15,832,406
Transaction expenses 110,901 963,979
Other operating expenses   968,603
Depreciation and amortization 6,601,123 6,133,812
Change in fair value of contingent consideration 4,415,925 (10,053,754)
Gain on dispositions, net   (3,707,993)
Gain on exchange   (11,803,585)
Termination of postretirement benefits plan 0 (1,812,448)
Total operating expenses 223,171,432 171,343,184
Operating income 34,323,167 60,836,279
Non-operating income (expense):    
Interest expense (16,006,461) (18,430,072)
Loss on modification of long-term debt (281,021) (3,954,035)
Other income (expense), net 140,910 450,707
Income before income taxes 18,176,595 38,902,879
Income tax expense (benefit) 11,695,546 (48,228,290)
Net income 6,481,049 87,131,169
Other comprehensive income:    
Unrealized losses on securities (net of income tax benefit of $21,527)   (31,521)
Unrecognized actuarial gains on postretirement plans (net of income tax expense of $641,789 in 2017 and $142,435 in 2018) 398,231 1,177,917
Reclassification of other comprehensive income due to termination of pension plan (net of income tax benefit of $261,358) (731,266)  
Comprehensive income $ 6,148,014 $ 88,277,565
Net income per Class A and B common share:    
Basic $ 0.24 $ 3.15
Diluted 0.24 3.14
Dividends declared per common share $ 0.20 $ 0.18
Weighted average shares outstanding:    
Basic 27,444,110 27,696,790
Diluted 27,533,983 27,792,702