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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 51,378,642 $ 20,759,432
Accounts receivable, less allowance for doubtful accounts of $5,033,035 in 2020 and $1,720,477 in 2021 53,378,437 47,395,423
Prepaid expenses 4,044,056 2,486,860
Other current assets 3,397,418 6,883,554
Total current assets 112,198,553 77,525,269
Property and equipment, net 49,843,166 53,667,550
Operating lease right-of-use assets 34,155,175 34,419,663
Finance lease right-of-use assets 320,000 333,333
FCC licenses 508,413,913 508,558,355
Goodwill 28,596,547 28,596,547
Other intangibles, net 22,697,207 25,859,192
Other assets 5,863,501 9,654,447
Total assets 762,088,062 738,614,356
Current liabilities:    
Accounts payable 6,995,081 12,395,407
Operating lease liabilities 7,693,831 7,006,194
Finance lease liabilities 1,945 70,171
Other current liabilities 29,811,226 20,988,441
Total current liabilities 44,502,083 40,460,213
Due to related parties 372,193 5,621,364
Long-term debt, net of current installments and unamortized debt issuance costs 293,789,892 258,345,380
Operating lease liabilities 28,747,450 29,632,908
Finance lease liabilities   1,945
Deferred tax liabilities 115,689,317 120,913,983
Other long-term liabilities 15,904,829 16,536,743
Total liabilities 499,005,764 471,512,536
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 150,896,611 154,004,965
Treasury stock, Class A common stock; 3,253,691 shares in 2020; 3,552,455 shares in 2021 (29,021,360) (28,187,857)
Retained earnings 142,220,494 143,304,213
Accumulated other comprehensive loss (1,046,357) (1,426,619)
Total stockholders' equity 263,082,298 267,727,294
Noncontrolling interests   (625,474)
Total equity 263,082,298 267,101,820
Total liabilities and equity 762,088,062 738,614,356
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 16,248 15,930
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662