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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 57,141,091 $ 20,759,432
Accounts receivable, less allowance for doubtful accounts of $5,033,035 in 2020 and $1,556,281 in 2021 44,339,118 47,395,423
Prepaid expenses 4,806,961 2,486,860
Other current assets 8,066,771 6,883,554
Total current assets 114,353,941 77,525,269
Property and equipment, net 51,911,868 53,667,550
Operating lease right-of-use assets 38,238,870 34,419,663
Finance lease right-of-use assets 326,667 333,333
FCC licenses 508,413,913 508,558,355
Goodwill 28,596,547 28,596,547
Other intangibles, net 24,238,554 25,859,192
Other assets 5,783,607 9,654,447
Total assets 771,863,967 738,614,356
Current liabilities:    
Accounts payable 6,557,722 12,395,407
Operating lease liabilities 8,447,497 7,006,194
Finance lease liabilities 37,030 70,171
Other current liabilities 34,396,334 20,988,441
Total current liabilities 49,438,583 40,460,213
Due to related parties 420,549 5,621,364
Long-term debt, net of unamortized debt issuance costs 303,029,470 258,345,380
Operating lease liabilities 32,117,096 29,632,908
Finance lease liabilities 0 1,945
Deferred tax liabilities 117,019,777 120,913,983
Other long-term liabilities 16,531,273 16,536,743
Total liabilities 518,556,748 471,512,536
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 150,437,624 154,004,965
Treasury stock, Class A common stock; 3,253,691 shares in 2020; 3,539,870 shares in 2021 (28,995,230) (28,187,857)
Retained earnings 133,258,641 143,304,213
Accumulated other comprehensive loss (1,426,619) (1,426,619)
Total stockholders' equity 253,307,219 267,727,294
Noncontrolling interests 0 (625,474)
Total equity 253,307,219 267,101,820
Total liabilities and equity 771,863,967 738,614,356
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 16,141 15,930
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662