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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 15,492,425 $ 18,648,171
Accounts receivable, less allowance for doubtful accounts of $2,145,599 in 2019 and $3,524,070 in 2020 38,558,344 54,577,452
Prepaid expenses 5,495,367 3,516,766
Other current assets 9,198,088 2,915,654
Total current assets 68,744,224 79,658,043
Property and equipment, net 55,231,842 53,813,602
Operating lease right-of-use assets 36,118,099 39,768,910
Finance lease right-of-use assets 336,667 346,667
FCC licenses 510,724,755 517,529,167
Goodwill 28,596,547 28,596,547
Other intangibles, net 26,698,310 29,333,230
Other assets 9,485,566 11,014,063
Total assets 735,936,010 760,060,229
Current liabilities:    
Current installments of long-term debt 2,750,000 7,500,000
Accounts payable 13,223,537 10,323,408
Operating lease liabilities 7,086,118 7,234,492
Finance lease liabilities 68,835 70,192
Other current liabilities 25,227,673 28,064,367
Total current liabilities 48,356,163 53,192,459
Due to related parties 5,570,132 565,617
Long-term debt, net of current installments and unamortized debt issuance costs 257,371,712 248,712,452
Operating lease liabilities 31,268,630 34,837,804
Finance lease liabilities 19,487 75,020
Deferred tax liabilities 119,225,496 121,130,996
Other long-term liabilities 17,021,149 17,073,923
Total liabilities 478,832,769 475,588,271
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 156,488,368 153,254,599
Treasury stock, Class A common stock; 4,493,181 shares in 2019; 4,509,512 shares in 2020 (30,696,744) (30,662,332)
Retained earnings 132,113,215 162,350,145
Accumulated other comprehensive loss (436,338) (436,338)
Total stockholders' equity 257,502,295 284,538,540
Noncontrolling interests (399,054) (66,582)
Total equity 257,103,241 284,471,958
Total liabilities and stockholders' equity 735,936,010 760,060,229
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 17,132 15,804
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662