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Consolidated Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 20,759,432 $ 18,648,171
Accounts receivable, less allowance for doubtful accounts of $2,145,599 in 2019 and $5,033,035 in 2020 47,395,423 54,577,452
Prepaid expenses 2,486,860 3,516,766
Other current assets 6,883,554 2,915,654
Total current assets 77,525,269 79,658,043
Property and equipment, net 53,667,550 53,813,602
Operating lease right-of-use assets 34,419,663 39,768,910
Finance lease right-of-use assets 333,333 346,667
FCC licenses 508,558,355 517,529,167
Goodwill 28,596,547 28,596,547
Other intangibles, net 25,859,192 29,333,230
Other assets 9,654,447 11,014,063
Total assets 738,614,356 760,060,229
Current liabilities:    
Current installments of long-term debt   7,500,000
Accounts payable 12,395,407 10,323,408
Operating lease liabilities 7,006,194 7,234,492
Finance lease liabilities 70,171 70,192
Other current liabilities 20,988,441 28,064,367
Total current liabilities 40,460,213 53,192,459
Due to related parties 5,621,364 565,617
Long-term debt, net of current installments and unamortized debt issuance costs 258,345,380 248,712,452
Operating lease liabilities 29,632,908 34,837,804
Finance lease liabilities 1,945 75,020
Deferred tax liabilities 120,913,983 121,130,996
Other long-term liabilities 16,536,743 17,073,923
Total liabilities 471,512,536 475,588,271
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 154,004,965 153,254,599
Treasury stock, Class A common stock; 4,493,181 shares in 2019; 3,253,691 shares in 2020 (28,187,857) (30,662,332)
Retained earnings 143,304,213 162,350,145
Accumulated other comprehensive income (1,426,619) (436,338)
Total stockholders' equity 267,727,294 284,538,540
Noncontrolling interests (625,474) (66,582)
Total equity 267,101,820 284,471,958
Total liabilities and equity 738,614,356 760,060,229
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 15,930 15,804
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662