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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 22,841,461 $ 18,648,171
Accounts receivable, less allowance for doubtful accounts of $2,145,599 in 2019 and $4,237,565 in 2020 29,692,208 54,577,452
Prepaid expenses 3,664,663 3,516,766
Other current assets 8,039,706 2,915,654
Total current assets 64,238,038 79,658,043
Property and equipment, net 56,207,484 53,813,602
Operating lease right-of-use assets 37,960,666 39,768,910
Finance lease right-of-use assets 340,000 346,667
FCC licenses 510,724,755 517,529,167
Goodwill 28,596,547 28,596,547
Other intangibles, net 27,566,822 29,333,230
Other assets 9,031,018 11,014,063
Total assets 734,665,330 760,060,229
Current liabilities:    
Current installments of long-term debt 5,000,000 7,500,000
Accounts payable 10,502,915 10,323,408
Operating lease liabilities 7,214,916 7,234,492
Finance lease liabilities 67,497 70,192
Other current liabilities 23,677,161 28,064,367
Total current liabilities 46,462,489 53,192,459
Due to related parties 5,518,900 565,617
Long-term debt, net of current installments and unamortized debt issuance costs 256,898,044 248,712,452
Operating lease liabilities 33,029,090 34,837,804
Finance lease liabilities 37,030 75,020
Deferred tax liabilities 118,619,859 121,130,996
Other long-term liabilities 17,038,803 17,073,923
Total liabilities 477,604,215 475,588,271
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 153,720,249 153,254,599
Treasury stock, Class A common stock; 4,493,181 shares in 2019; 4,507,637 shares in 2020 (30,694,251) (30,662,332)
Retained earnings 134,498,613 162,350,145
Accumulated other comprehensive loss (436,338) (436,338)
Total stockholders' equity 257,120,792 284,538,540
Noncontrolling interests (59,677) (66,582)
Total equity 257,061,115 284,471,958
Total liabilities and stockholders' equity 734,665,330 760,060,229
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 15,857 15,804
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662