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Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 45,918,446 $ 51,378,642
Accounts receivable, less allowance for doubtful accounts of $1,720,477 in 2021 and $1,648,342 in 2022 45,628,769 53,378,437
Prepaid expenses 6,330,503 4,044,056
Other current assets 3,983,998 3,397,418
Total current assets 101,861,716 112,198,553
Property and equipment, net 52,658,061 49,843,166
Operating lease right-of-use assets 36,970,653 34,155,175
Finance lease right-of-use assets 313,333 320,000
FCC licenses 503,003,909 508,413,913
Goodwill 22,739,996 28,596,547
Other intangibles, net 23,373,197 22,697,207
Other assets 7,688,682 5,863,501
Total assets 748,609,547 762,088,062
Current liabilities:    
Current installments of long-term debt 2,000,000 0
Accounts payable 9,637,062 6,995,081
Operating lease liabilities 7,385,483 7,693,831
Finance lease liabilities 0 1,945
Other current liabilities 30,842,734 29,811,226
Total current liabilities 49,865,279 44,502,083
Due to related parties 101,087 372,193
Long-term debt, net of current installments and unamortized debt issuance costs 287,641,142 293,789,892
Operating lease liabilities 36,635,544 28,747,450
Deferred tax liabilities 112,930,112 115,689,317
Other long-term liabilities 15,899,359 15,904,829
Total liabilities 503,072,523 499,005,764
Commitments and contingencies  
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 151,502,437 150,896,611
Treasury stock, Class A common stock; 3,552,455 shares in 2021; 3,623,278 shares in 2022 (29,127,067) (29,021,360)
Retained earnings 124,174,847 142,220,494
Accumulated other comprehensive loss (1,046,357) (1,046,357)
Total stockholders' equity 245,537,024 263,082,298
Total liabilities and stockholders' equity 748,609,547 762,088,062
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 16,502 16,248
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock $ 16,662 $ 16,662