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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenue $ 60,119,757 $ 63,823,288 $ 181,360,600 $ 184,354,006
Operating expenses:        
Operating expenses 50,117,044 51,511,699 152,098,261 155,147,840
Corporate expenses 4,493,277 5,132,362 13,381,403 13,933,292
Depreciation and amortization 2,201,664 2,456,646 6,626,974 7,423,648
FCC licenses impairment losses 78,204,065   88,245,065 4,619,772
Goodwill impairment losses 10,582,360   10,582,360 5,856,551
Total operating expenses 145,598,410 59,100,707 270,934,063 186,981,103
Operating income (loss) (85,478,653) 4,722,581 (89,573,463) (2,627,097)
Non-operating income (expense):        
Interest expense (6,445,746) (6,621,540) (19,764,067) (20,293,794)
Other income, net 1,106,918 1,166,430 1,684,168 1,357,512
Loss before income taxes (90,817,481) (732,529) (107,653,362) (21,563,379)
Income tax benefit (23,299,388) (1,252,669) (26,285,207) (3,874,646)
Income (loss) before equity in earnings of unconsolidated affiliates (67,518,093) 520,140 (81,368,155) (17,688,733)
Equity in earnings of unconsolidated affiliates, net of tax (18,744) (22,072) (135,877) 141,154
Net income (loss) $ (67,536,837) $ 498,068 $ (81,504,032) $ (17,547,579)
Net income (loss) per Class A and Class B common share:        
Basic $ (2.25) $ 0.02 $ (2.73) $ (0.6)
Diluted $ (2.25) $ 0.02 $ (2.73) $ (0.6)
Weighted average shares outstanding:        
Basic 29,962,613 29,546,324 29,867,820 29,445,998
Diluted 29,962,613 29,715,361 29,867,820 29,445,998