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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 35,490,662 $ 39,534,653
Accounts receivable, less allowance for credit losses of $1,876,751 in 2022 and $1,848,595 in 2023 55,299,435 56,683,526
Prepaid expenses 8,669,362 5,078,231
Other current assets 4,931,795 4,364,120
Total current assets 104,391,254 105,660,530
Property and equipment, net 53,442,533 55,807,047
Operating lease right-of-use assets 37,398,260 38,478,756
Finance lease right-of-use assets 300,000 306,667
FCC licenses 477,208,798 487,249,798
Goodwill 13,265,460 13,265,460
Other intangibles, net 7,735,897 8,219,939
Other assets 4,684,273 5,955,158
Total assets 698,426,475 714,943,355
Current liabilities:    
Accounts payable 20,071,365 19,344,621
Operating lease liabilities 8,317,603 8,166,394
Other current liabilities 32,330,526 29,183,630
Total current liabilities 60,719,494 56,694,645
Long-term debt, net of unamortized debt issuance costs 283,249,402 285,472,107
Operating lease liabilities 36,011,146 37,485,602
Deferred tax liabilities 94,924,594 98,068,981
Total liabilities 488,617,022 491,454,547
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 152,303,663 151,948,310
Treasury stock, Class A common stock; 3,649,568 shares in 2022; 3,719,886 shares in 2023 (29,223,067) (29,155,300)
Retained earnings 86,195,869 100,163,064
Accumulated other comprehensive income 499,311 499,311
Total stockholders' equity 209,809,453 223,488,808
Total liabilities and stockholders' equity 698,426,475 714,943,355
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 17,015 16,761
Class B Common Stock [Member]    
Stockholders' equity:    
Common stock 16,662 16,662
Due to Related Parties [Member]    
Current liabilities:    
Other long-term liabilities 70,375 85,731
Nonrelated Party [Member]    
Current liabilities:    
Other long-term liabilities $ 13,642,011 $ 13,647,481