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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 11,898,751 $ 13,433,828
Accounts receivable, less allowance for doubtful accounts of $2,010,721 in 2018 and $1,816,500 in 2019 49,058,272 52,417,152
Prepaid expenses 6,647,688 3,134,756
Other current assets 2,318,757 1,960,032
Total current assets 69,923,468 70,945,768
Property and equipment, net 59,175,219 57,078,452
Operating lease right-of-use assets 38,184,158  
Finance lease right-of-use assets 656,439 675,194
FCC licenses 529,626,671 516,735,554
Goodwill 25,377,447 25,377,447
Other intangibles, net 2,791,981 2,823,178
Other assets 14,147,960 7,449,486
Total assets 739,883,343 681,085,079
Current liabilities:    
Accounts payable 13,770,720 9,611,151
Operating lease liabilities 7,023,164  
Finance lease liabilities 69,519 67,101
Other current liabilities 21,432,111 19,181,108
Total current liabilities 42,295,514 28,859,360
Due to related parties 589,795 662,329
Long-term debt, net of unamortized debt issuance costs 245,228,469 242,776,520
Operating lease liabilities 35,800,025  
Finance lease liabilities 447,009 499,753
Deferred tax liabilities 124,449,836 122,912,545
Other long-term liabilities 9,603,803 10,340,481
Total liabilities 458,414,451 406,050,988
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 152,870,262 149,963,252
Treasury stock, Class A common stock; 4,426,027 shares in 2018; 4,436,006 shares in 2019 (30,484,269) (30,447,597)
Retained earnings 158,962,705 155,398,555
Accumulated other comprehensive income 87,885 87,885
Total stockholders' equity 281,468,892 275,034,091
Total liabilities and stockholders' equity 739,883,343 681,085,079
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 15,647 15,334
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662