XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.23.1

Other Intangibles (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Other Intangibles Acquired | Other intangibles as of December 31, 2022 are comprised of the following:
|  | Asset |  |  | Accumulated amortization |  |  | Net asset |  |  | Amortization period (years) |
Advertiser relationships |  | $ | 2,029,000 |  |  | $ | (636,869 | ) |  | $ | 1,392,131 |  |  |  | 6-11 |
Franchise rights |  |  | 4,739,523 |  |  |  | — |  |  |  | 4,739,523 |  |  |  | 10 |
Trade name |  |  | 510,000 |  |  |  | (33,202 | ) |  |  | 476,798 |  |  |  | 8 |
|  |  | 7,278,523 |  |  |  | (670,071 | ) |  |  | 6,608,452 |  |  |  |  |
Brands |  |  | 1,582,663 |  |  |  | — |  |  |  | 1,582,663 |  |  |  |  |
Other intangibles with indefinite lives |  |  | 28,824 |  |  |  | — |  |  |  | 28,824 |  |  |  |  |
|  | $ | 8,890,010 |  |  | $ | (670,071 | ) |  | $ | 8,219,939 |  |  |  |  |
Other intangibles as of December 31, 2021 are comprised of the following:
|  | Asset |  |  | Accumulated amortization |  |  | Net asset |  |  | Amortization period (years) |
Advertiser relationships |  | $ | 1,464,000 |  |  | $ | (454,731 | ) |  | $ | 1,009,269 |  |  |  | 11 |
Franchise rights |  |  | 25,149,300 |  |  |  | (5,072,849 | ) |  |  | 20,076,451 |  |  |  | 10 |
|  |  | 26,613,300 |  |  |  | (5,527,580 | ) |  |  | 21,085,720 |  |  |  |  |
Brands |  |  | 1,582,663 |  |  |  | — |  |  |  | 1,582,663 |  |  |  |  |
Other intangibles with indefinite lives |  |  | 28,824 |  |  |  | — |  |  |  | 28,824 |  |  |  |  |
|  | $ | 28,224,787 |  |  | $ | (5,527,580 | ) |  | $ | 22,697,207 |  |  |  |  |
Summary of Estimated Future Amortization Expense Related to Intangible Assets | The Company recorded amortization expense of $3.2 million and $2.7 million for the years ended December 31, 2021 and 2022, respectively. Estimated future amortization expense related to intangible assets subject to amortization for the next five years and thereafter is as follows:
2023 |  | $ | 968,083 |
2024 |  |  | 968,083 |
2025 |  |  | 968,083 |
2026 |  |  | 968,083 |
2027 |  |  | 968,083 |
Thereafter |  |  | 1,768,037 |
Total |  | $ | 6,608,452 |
Summary of the key assumptions used in the discounted cash flow analyses |
Revenue growth rate(s) |  | 3.0% - 25.0%
Operating income margin(s) |  | (22.3 ) % - 43.5%
Discount rate |  | 20.0%

X
- Definition Disclosure in tabular form of assumptions used in determination of fair value of intangible assets . + References No definition available. + Details
Name: | bbgi_DisclosureInTabularFormOfAssumptionsUsedInDeterminationOfFairValueOfIntangibleAssetsTableTextBlock
Namespace Prefix: | bbgi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration