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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 56,210,605 $ 20,759,432
Accounts receivable, less allowance for doubtful accounts of $5,033,035 in 2020 and $2,465,557 in 2021 36,687,353 47,395,423
Prepaid expenses 3,886,625 2,486,860
Other current assets 5,078,636 6,883,554
Total current assets 101,863,219 77,525,269
Property and equipment, net 52,403,620 53,667,550
Operating lease right-of-use assets 39,604,094 34,419,663
Finance lease right-of-use assets 330,000 333,333
FCC licenses 508,413,913 508,558,355
Goodwill 28,596,547 28,596,547
Other intangibles, net 25,048,873 25,859,192
Other assets 5,838,286 9,654,447
Total assets 762,098,552 738,614,356
Current liabilities:    
Accounts payable 6,580,532 12,395,407
Operating lease liabilities 8,175,982 7,006,194
Finance lease liabilities 54,573 70,171
Other current liabilities 22,835,831 20,988,441
Total current liabilities 37,646,918 40,460,213
Due to related parties 444,727 5,621,364
Long-term debt, net of unamortized debt issuance costs 302,649,259 258,345,380
Operating lease liabilities 33,742,132 29,632,908
Finance lease liabilities 0 1,945
Deferred tax liabilities 118,341,711 120,913,983
Other long-term liabilities 16,534,008 16,536,743
Total liabilities 509,358,755 471,512,536
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 150,035,463 154,004,965
Treasury stock, Class A common stock; 3,253,691 shares in 2020; 3,531,870 shares in 2021 (28,972,759) (28,187,857)
Retained earnings 133,070,947 143,304,213
Accumulated other comprehensive loss (1,426,619) (1,426,619)
Total stockholders' equity 252,739,797 267,727,294
Noncontrolling interests 0 (625,474)
Total equity 252,739,797 267,101,820
Total liabilities and equity 762,098,552 738,614,356
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 16,103 15,930
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662