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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 29,665,464 $ 39,534,653
Accounts receivable, less allowance for credit losses of $1,876,751 in 2022 and $1,803,068 in 2023 47,686,751 56,683,526
Prepaid expenses 10,636,324 5,078,231
Other current assets 3,331,191 4,364,120
Total current assets 91,319,730 105,660,530
Property and equipment, net 52,479,386 55,807,047
Operating lease right-of-use assets 36,629,732 38,478,756
Finance lease right-of-use assets 296,667 306,667
FCC licenses 393,976,500 487,249,798
Goodwill 2,683,100 13,265,460
Other intangibles, net 7,493,876 8,219,939
Assets held for sale 4,827,864  
Other assets 4,674,332 5,955,158
Total assets 594,381,187 714,943,355
Current liabilities:    
Accounts payable 15,379,755 19,344,621
Operating lease liabilities 8,342,355 8,166,394
Other current liabilities 24,624,951 29,183,630
Total current liabilities 48,347,061 56,694,645
Long-term debt, net of unamortized debt issuance costs 283,612,363 285,472,107
Operating lease liabilities 35,180,442 37,485,602
Deferred tax liabilities 71,090,989 98,068,981
Total liabilities 451,932,828 491,454,547
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital 152,481,469 151,948,310
Treasury stock, Class A common stock; 3,649,568 shares in 2022; 3,721,840 shares in 2023 (29,225,138) (29,155,300)
Retained earnings 18,659,032 100,163,064
Accumulated other comprehensive income 499,311 499,311
Total stockholders' equity 142,448,359 223,488,808
Total liabilities and stockholders' equity 594,381,187 714,943,355
Class A Common Stock [Member]    
Stockholders' equity:    
Common stock 17,023 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 62,697 85,731
Nonrelated Party [Member]    
Current liabilities:    
Other long-term liabilities $ 13,639,276 $ 13,647,481