Beasley Broadcast (BBGI) 10-K 26 Feb 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Feb. 16, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	BBGI
Entity Registrant Name	BEASLEY BROADCAST GROUP INC
Entity Central Index Key	1,099,160
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Public Float, Class A Common Stock			$ 21,466,518
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		6,530,027
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		16,662,743

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 14,318,494	$ 14,259,441
Accounts receivable, less allowance for doubtful accounts of $544,932 in 2014 and $596,380 in 2015	19,847,536	17,637,686
Prepaid expenses	1,896,491	636,552
Other current assets	1,017,059	2,784,210
Total current assets	37,079,580	35,317,889
Restricted cash	743,195
Notes receivable from related parties		1,748,092
Property and equipment, net	27,523,353	28,254,202
FCC broadcasting licenses	234,719,505	234,328,330
Goodwill	5,336,583	8,857,516
Other intangibles, net	544,238	1,358,026
Other assets	5,455,441	4,326,826
Total assets	311,401,895	314,190,881
Current liabilities:
Current installments of long-term debt	1,484,048	3,112,500
Accounts payable	1,827,003	1,120,434
Other current liabilities	7,588,106	9,864,528
Total current liabilities	10,899,157	14,097,462
Due to related parties	952,465
Long-term debt, net of current installments and unamortized debt issuance costs	86,461,778	93,025,258
Deferred tax liabilities	77,739,201	75,776,497
Other long-term liabilities	1,812,219	749,376
Total liabilities	$ 177,864,820	$ 183,648,593
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital	$ 119,495,619	$ 118,535,400
Treasury stock, Class A common stock; 2,830,904 shares in 2014; 2,882,179 shares in 2015	(15,361,869)	(15,107,464)
Retained earnings	29,302,054	27,066,481
Accumulated other comprehensive income	75,159	21,933
Total stockholders' equity	133,537,075	130,542,288
Total liabilities and stockholders' equity	311,401,895	314,190,881
Class A Common Stock [Member]
Stockholders' equity:
Common stock	9,450	9,276
Class B Common Stock [Member]
Stockholders' equity:
Common stock	$ 16,662	$ 16,662

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Allowance for doubtful accounts	$ 596,380	$ 544,932
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Treasury stock, Class A common stock shares	2,882,179	2,830,904
Class A Common Stock [Member]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	9,449,956	9,275,746
Common stock, shares outstanding	6,567,777	6,444,842
Class B Common Stock [Member]
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	16,662,743	16,662,743
Common stock, shares outstanding	16,662,743	16,662,743

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Net revenue	$ 105,946,670	$ 58,705,903
Operating expenses:
Station operating expenses (including stock-based compensation of $101,362 in 2014 and $110,781 in 2015 and excluding depreciation and amortization shown separately below)	75,609,147	40,351,258
Corporate general and administrative expenses (including stock-based compensation of $1,216,540 in 2014 and $1,002,110 in 2015)	8,983,860	8,923,117
Radio station exchange transaction costs	349,917	1,261,318
Employee termination expenses		458,585
Depreciation and amortization	3,834,992	2,151,949
Impairment loss	3,520,933
Total operating expenses	92,298,849	53,146,227
Operating income	13,647,821	5,559,676
Non-operating income (expense):
Interest expense	(3,967,794)	(4,375,129)
Loss on modification of long-term debt	(558,856)	(30,569)
Other income (expense), net	881,938	326,282
Income from continuing operations before income taxes	10,003,109	1,480,260
Income tax expense	3,640,787	514,275
Income from continuing operations	6,362,322	965,985
Income from discontinued operations (net of income taxes)		39,033,382
Net income	6,362,322	39,999,367
Other comprehensive income:
Unrealized gain (loss) on securities (net of income tax benefit of $1,770 in 2014 and income tax expense of $32,494 in 2015)	53,226	(2,689)
Comprehensive income	$ 6,415,548	$ 39,996,678
Basic net income per share:
Continuing operations	$ 0.28	$ 0.04
Discontinued operations		1.71
Net income per share	0.28	1.75
Diluted net income per share:
Continuing operations	0.28	0.04
Discontinued operations		1.70
Net income per share	0.28	1.74
Dividends declared per common share	$ 0.18	$ 0.18
Weighted average shares outstanding:
Basic	22,911,727	22,811,825
Diluted	23,025,720	22,944,815

Consolidated Statements of Com5

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Stock-based compensation	$ 1,112,891	$ 1,317,902
Unrealized gain (loss) on securities, income tax expense (benefit)	32,494	(1,770)
Station Operating Expenses [Member]
Stock-based compensation	110,781	101,362
Corporate General and Administrative Expenses [Member]
Stock-based compensation	$ 1,002,110	$ 1,216,540

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Common Stock [Member]Class A Common Stock [Member]	Common Stock [Member]Class B Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Retained Earnings (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]
Beginning Balance at Dec. 31, 2013	$ 93,626,094	$ 9,074	$ 16,662	$ 117,130,362	$ (14,729,984)	$ (8,824,642)	$ 24,622
Beginning Balance, shares at Dec. 31, 2013		9,073,940	16,662,743		(2,788,608)
Stock-based compensation	1,317,902	$ 202		1,317,700
Stock-based compensation, shares		201,806
Adjustment from related party acquisition	(1,282)			(1,282)
Tax benefit (shortfall) from vesting of restricted stock	88,620			88,620
Purchase of treasury stock	(377,480)				$ (377,480)
Purchase of treasury stock, shares					(42,296)
Net income	39,999,367					39,999,367
Cash dividends, $0.18 per common share	(4,108,244)					(4,108,244)
Other comprehensive income (loss)	(2,689)						(2,689)
Ending Balance at Dec. 31, 2014	130,542,288	$ 9,276	$ 16,662	118,535,400	$ (15,107,464)	27,066,481	21,933
Ending Balance, shares at Dec. 31, 2014		9,275,746	16,662,743		(2,830,904)
Stock-based compensation	1,112,891	$ 174		1,112,717
Stock-based compensation, shares		174,210
Adjustment from related party acquisition	(1,462)			(1,462)
Tax benefit (shortfall) from vesting of restricted stock	151,036			151,036
Purchase of treasury stock	$ (254,405)				$ (254,405)
Purchase of treasury stock, shares	(51,275)				(51,275)
Net income	$ 6,362,322					6,362,322
Cash dividends, $0.18 per common share	(4,126,749)					(4,126,749)
Other comprehensive income (loss)	53,226						53,226
Ending Balance at Dec. 31, 2015	$ 133,537,075	$ 9,450	$ 16,662	$ 119,495,619	$ (15,361,869)	$ 29,302,054	$ 75,159
Ending Balance, shares at Dec. 31, 2015		9,449,956	16,662,743		(2,882,179)

Consolidated Statements of Sto7

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash dividends, per common share	$ 0.18	$ 0.18
Retained Earnings (Accumulated Deficit) [Member]
Cash dividends, per common share	$ 0.18	$ 0.18

Consolidated Statements of Cash

Consolidated Statements of Cash Flows	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Cash flows from operating activities:
Net income	$ 6,362,322	$ 39,999,367
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation	1,112,891	1,317,902
Provision for bad debts	695,246	589,270
Depreciation and amortization	3,834,992	2,525,951
Gain on exchange of radio stations		(54,306,974)
Impairment loss	3,520,933
Amortization of loan fees	339,924	369,922
Loss on notes receivable from related party		332,034
Loss on modification of long-term debt	558,856	30,569
Deferred income taxes	2,014,468	24,344,571
Change in operating assets and liabilities:
Accounts receivable	(2,905,096)	(1,031,503)
Prepaid expenses	(1,259,939)	801,275
Other assets	1,327,158	(629,967)
Accounts payable	706,569	(554,696)
Other liabilities	(2,433,033)	3,308,014
Other operating activities	496,464	(182,035)
Net cash provided by operating activities	14,371,755	16,913,700
Cash flows from investing activities:
Change in restricted cash	(743,195)
Capital expenditures	(2,129,084)	(3,047,388)
Proceeds from sales of radio towers	1,737,500
Payments for translator licenses	(391,175)	(155,000)
Payments for investments	(166,667)	(104,167)
Repayment of notes receivable from related parties	1,748,092	375,376
Net cash provided by (used in) investing activities	55,471	(2,931,179)
Cash flows from financing activities:
Proceeds from issuance of indebtedness	806,250
Principal payments on indebtedness	(9,500,000)	(9,181,250)
Payments of loan fees	(1,147,178)	(447,828)
Tax benefit (shortfall) from vesting of restricted stock	(151,036)	88,620
Dividends paid	(4,121,804)	(4,104,155)
Payments for treasury stock	(254,405)	(377,480)
Net cash used in financing activities	(14,368,173)	(14,022,093)
Net increase (decrease) in cash and cash equivalents	59,053	(39,572)
Cash and cash equivalents at beginning of period	14,259,441	14,299,013
Cash and cash equivalents at end of period	14,318,494	14,259,441
Cash paid for interest	3,601,812	4,005,207
Cash paid for income taxes	5,166,327	2,709,995
Supplement disclosure of non-cash investing and financing activities:
Property and equipment acquired through placement of advertising airtime	154,998	59,991
Property and equipment acquired through capital leases	750,216
Property and equipment acquired through a logo agreement		179,980
Dividends declared but unpaid	$ 1,032,573	$ 1,027,628

Nature of Business

Nature of Business	12 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	(1) Nature of Business Beasley Broadcast Group, Inc. (the “Company”) is a radio broadcasting company operating one reportable business segment whose primary business is operating radio stations throughout the United States. The Company owns and operates 52 radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Fayetteville, NC, Fort Myers-Naples, FL, Greenville-New Bern-Jacksonville, NC, Las Vegas, NV, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies Principles of Consolidation The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All significant inter-company transactions and balances have been eliminated. Use of Estimates Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Such estimates include (i) fair values used for testing FCC broadcasting licenses and goodwill for impairment; (ii) future cash flows used for testing recoverability of property and equipment; (iii) the amount of allowance for doubtful accounts; (iv) the realization of deferred tax assets, and (v) the fair value of assets exchanged with CBS Radio. Actual results and outcomes may differ from management’s estimates and assumptions. Cash and Cash Equivalents All short-term investments with an original maturity of three months or less are considered to be cash equivalents. Accounts Receivable Accounts receivable consist primarily of uncollected amounts due from advertisers for the sale of advertising airtime. The amounts are net of advertising agency commissions and an allowance for doubtful accounts. The allowance for doubtful accounts reflects management’s estimate of probable losses in accounts receivable. Management determines the allowance based on historical information, relative improvements or deteriorations in the age of the accounts receivable and changes in current economic conditions. Interest is not accrued on accounts receivable. Property and Equipment Property and equipment is recorded at cost and depreciated using the straight-line method over the estimated useful life of the asset. If an event or change in circumstances were to indicate that the carrying amount of property and equipment is not recoverable, the carrying amount will be reduced to the estimated fair value. Repairs and maintenance are charged to expense as incurred. FCC Broadcasting Licenses FCC broadcasting licenses are generally granted for renewable terms of eight years. Renewal costs are generally minor and expensed as incurred. Licenses are tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the Company’s licenses might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that its licenses are impaired. If the Company determines it is more likely than not that its licenses are impaired then the Company is required to perform the quantitative impairment test. The quantitative impairment test compares the fair value of the Company’s licenses with their carrying amounts. If the carrying amounts of the licenses exceed their fair value, an impairment loss is recognized in an amount equal to that excess. For the purpose of testing its licenses for impairment, the Company combines its licenses into reporting units based on its market clusters. See Note 6 for changes in the carrying amount of FCC broadcasting licenses for the years ended December 31, 2014 and 2015. The weighted-average period before the next renewal of the Company’s FCC broadcasting licenses is 4.4 years. Goodwill Goodwill is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the Company’s goodwill might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then it is required to perform the first step of a two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the Company is required to perform the second step of the two-step goodwill impairment test to measure the amount of the impairment loss. For the purpose of testing its goodwill for impairment, the Company has identified its market clusters as its reporting units. See Note 7 for changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2015. Other Intangibles Other intangibles include acquired advertising contracts and advertiser relationships and are amortized over their respective estimated useful lives. If an event or change in circumstances were to indicate that the carrying amount of other intangibles is not recoverable, the carrying amount will be reduced to the estimated fair value. Investment Other assets include a noncontrolling interest in Quu, Inc. which is accounted for under the cost method of accounting. Under the cost method of accounting, investments are carried at cost and only adjusted for distributions received in excess of earnings and other-than-temporary declines in fair value. The Company evaluates the investment on a quarterly basis and recognizes an impairment loss if a decline in value is determined to be other-than-temporary. Such impairment evaluations include the current business environment, the investee’s competition, and the investee’s ability to obtain additional financing to achieve its business plan. If the Company has not identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment, then the fair value of the investment is not estimated, as it is impracticable to do so. As of December 31, 2014 and 2015, the carrying value of the investment in Quu, Inc. is $0.9 million. Debt Issuance Costs Debt issuance costs are capitalized and amortized over the life of the related debt as interest expense on a straight-line basis which approximates the effective interest method. Unamortized debt issuance costs are reported as a direct deduction from the carrying amount of the related debt. Treasury Stock Treasury stock is accounted for using the cost method whereby the entire cost of the acquired stock is recorded as treasury stock. Revenue Revenue from the sale of advertising airtime is recognized when commercials are broadcast and collection is reasonably assured. Revenues are reported net of advertising agency commissions, generally 15% of gross revenue, in the financial statements. An estimated allowance is recorded for uncollectible accounts. Payments received before commercials are broadcast are recorded as deferred revenue. Trade sales are recorded at the estimated fair value of the goods or services received. Revenue from trade sales is recognized when commercials are broadcast. Goods or services are recorded when received. If commercials are broadcast before the goods or services are received then a trade sales receivable is recorded. If goods or services are received before the broadcast of commercials then a trade sales payable is recorded. Trade sales revenue was $3.7 million for each of the years ended December 31, 2014 and 2015. Trade sales expenses were $3.9 million and $4.0 million for the years ended December 31, 2014 and 2015, respectively. Stock-Based Compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. The cost is recognized in earnings over the period during which an employee is required to provide service. No compensation cost is recognized for equity instruments for which employees do not render the requisite services. Income Taxes The Company recorded income taxes under the liability method. Deferred tax assets and liabilities are recognized for all temporary differences between tax and financial reporting bases of the Company’s assets and liabilities using enacted tax rates applicable to the periods in which the differences are expected to affect taxable income. Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. Interest and penalties related to unrecognized tax benefits are recorded as incurred as a component of income tax expense. Comprehensive Income Comprehensive income consists of net income and other gains and losses affecting stockholders’ equity that, under accounting principles generally accepted in the United States of America are excluded from net income, including unrealized gain (loss) on available-for-sale securities. Earnings per Share Basic net income per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Common shares outstanding include shares of both Class A and Class B common stock, which have equal rights and privileges except with respect to voting. Diluted net income per share reflect the potential dilution that could occur if stock options, restricted stock or other contracts to issue common stock were exercised or converted into common stock and were not anti-dilutive. Concentrations of Risk Certain cash deposits with financial institutions may at times exceed FDIC insurance limits. The radio stations located in Tampa-Saint Petersburg, FL and Charlotte, NC contributed 49.7% of the Company’s net revenue in 2015. Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s own assumptions based on the best information available in the circumstances. The fair value hierarchy prioritizes the inputs used to measure fair value into three broad levels. The three levels of the fair value hierarchy are defined as follows: Level 1 – Inputs are quoted prices in active markets for identical assets or liabilities as of the reporting date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, as of the reporting date. Level 3 – Unobservable inputs for the asset or liability that reflect management’s own assumptions about the assumptions that market participants would use in pricing the asset or liability as of the reporting date. Recent Accounting Pronouncements In January 2016, the FASB issued guidance that changes how entities measure equity investments and present changes in the fair value of financial liabilities. The new guidance requires entities to measure equity investments that do not result in consolidation and are not accounted under the equity method at fair value and recognize any changes in fair value in net income unless the investments qualify for the new practicality exception. A practicality exception will apply to those equity investments that do not have a readily determinable fair value and do not qualify for the practical expedient to estimate fair value and as such these investments may be measured at cost. The new guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company has not determined the impact of adoption on its financial statements. In November 2015, the FASB issued guidance to simplify the presentation of deferred taxes in a classified statement of financial position. The guidance requires deferred tax liabilities and assets to be classified as noncurrent in a classified statement of financial position. The new guidance is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. This guidance may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. Early adoption is permitted as of the beginning of an interim or annual reporting period. The Company early adopted the new guidance in the fourth quarter of 2015, which has been applied retrospectively. As a result of the adoption of the new guidance, current deferred tax assets of $0.2 million, were reclassified as a reduction of long-term deferred tax liabilities in the balance sheet as of December 31, 2014. In April 2015, the FASB issued guidance to simplify the presentation of debt issuance costs. The guidance requires debt issuance related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. In August 2015, the FASB issued guidance to simplify the presentation of debt issuance costs related to line of credit agreements. The guidance allows debt issuance costs related to line of credit agreements to be presented as an asset and amortized over the term of the line of credit agreement. Early adoption is permitted for financial statements that have not been previously issued. The Company early adopted the new guidance in the fourth quarter of 2015, which has been applied retrospectively. As a result of the adoption of the new guidance, unamortized debt issuance costs of $1.6 million originally included in other assets, were reclassified as a direct deduction from long-term debt in the balance sheet as of December 31, 2014. See Note 10 for unamortized debt issuance costs reported under the new guidance. In May 2014, the FASB issued guidance to clarify the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides a comprehensive framework for revenue recognition that supersedes current general revenue guidance and most industry-specific guidance. In addition, the guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. An entity should apply the guidance either retrospectively to each prior reporting period presented or retrospectively with the cumulative adjustment at the date of the initial application. In August 2015, the FASB delayed the effective date of the new guidance to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is now permitted after the original effective date of December 15, 2016. The Company has not determined the impact of adoption on its financial statements. In April 2014, the FASB issued guidance that changes the requirements for reporting discontinued operations. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when any of the following occurs: 1. The component of an entity or group of components of an entity meets the criteria to be classified as held for sale. 2. The component of an entity or group of components of an entity is disposed of by sale. 3. The component of an entity or group of components of an entity is disposed of other than by sale. The guidance also requires additional disclosures about discontinued operations. The new guidance is effective for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. The Company early adopted the new guidance in the third quarter of 2014. See Note 3 for discontinued operations reported under the new guidance.

Asset Exchange

Asset Exchange	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Asset Exchange	(3) Asset Exchange On December 1, 2014, the Company completed an asset exchange with CBS Radio Stations, Inc. (“CBS Radio”) under which the Company agreed to exchange all of the assets used or useful in the operations of WRDW-FM and WXTU-FM in Philadelphia, PA and WKIS-FM, WPOW-FM and WQAM-AM in Miami, FL previously owned and operated by the Company for all of the assets used or useful in the operations of WIP-AM in Philadelphia, PA, WHFS-AM, WHFS-FM, WLLD-FM, WQYK-FM, WRBQ-FM and WYUU-FM in Tampa, FL and WBAV-FM, WBCN-AM, WFNZ-AM, WKQC-FM, WNKS-FM, WPEG-FM and WSOC-FM in Charlotte, NC previously owned and operated by CBS Radio. The asset exchange substantially broadened and diversified the Company’s local radio broadcasting platform and revenue base with fourteen new stations that are geographically complementary to the Company’s ongoing operations, while also presenting financial and operating synergies with the Company’s ongoing station portfolio and digital operations. The following pro forma information for the year ended December 31, 2014 assumes that the asset exchange had occurred on January 1, 2014. This pro forma information has been prepared based on estimates and assumptions, which management believes are reasonable, and is not necessarily indicative of what would have occurred had the asset exchange actually been completed on January 1, 2014 or of results that may occur in the future. Net revenue $ 112,173,985 Operating income 19,589,159 Net income 9,501,522 Basic net income per share 0.42 Diluted net income per share 0.41 Discontinued Operations After completion of the asset exchange, the Company has significantly decreased operations in the Philadelphia, PA radio market and no longer has any operations in the Miami-Fort Lauderdale, FL radio market. Therefore, the results of operations of WRDW-FM, WXTU-FM, WKIS-FM, WPOW-FM and WQAM-AM have been reported as discontinued operations for the year ended December 31, 2014. A summary of discontinued operations is as follows: Net revenue $ 42,621,758 Station operating expenses 27,732,682 Employee termination expenses 62,500 Depreciation and amortization 374,002 Gain on exchange of radio stations (54,306,974 ) Other (income) expense, net 330,416 Income from discontinued operations before income taxes 68,429,132 Income tax expense 29,395,750 Income from discontinued operations $ 39,033,382 A summary of operating and investing cash flows of discontinued operations is as follows: Cash flows from operating activities: Income from discontinued operations $ 39,033,382 Adjustments to reconcile income from discontinued operations to net cash provided by (used in) operating activities: Provision for bad debts 171,414 Depreciation and amortization 374,002 Gain on exchange of radio stations (54,306,974 ) Loss on notes receivable from related party 332,034 Change in operating assets and liabilities Accounts receivable 2,432,650 Prepaid expenses 732,113 Other assets (846,870 ) Accounts payable (119,044 ) Other liabilities 27,766,919 Other operating activities (15,760,304 ) Net cash used in operating activities $ (190,678 ) Cash flows from investing activities: Capital expenditures $ (324,847 ) Repayment of notes receivable from related parties 11,003 Net cash used in investing activities $ (313,844 )

Restricted Cash

Restricted Cash	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Restricted Cash	(4) Restricted Cash On December 31, 2015, the Company placed $0.8 million of the proceeds from the sale of a radio tower with a qualified intermediary. On February 12, 2016, the Company identified property to replace the relinquished property. As a result, the sales proceeds held at the qualified intermediary have been recorded as restricted cash. The Company has 180 days to complete the acquisition of the replacement property or the cash will be released by the qualified intermediary and will be reclassified to unrestricted cash.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	(5) Property and Equipment Property and equipment is comprised of the following: December 31, Estimated 2014 2015 Land, buildings and improvements $ 18,765,200 $ 18,911,203 15-30 Broadcast equipment 23,477,103 24,006,321 5-15 Transportation equipment 1,159,516 1,461,427 5 Office equipment 2,952,183 3,680,478 5-10 Construction in progress 1,297,426 1,222,155 — 47,651,428 49,281,584 Less accumulated depreciation and amortization (19,397,226 ) (21,758,231 ) $ 28,254,202 $ 27,523,353 As of December 31, 2015, broadcast equipment includes capital leases totaling $0.8 million for two radio towers. The Company recorded depreciation and amortization expense of $2.4 million and $3.0 million for the years ended December 31, 2014 and 2015, respectively.

FCC Broadcasting Licenses

FCC Broadcasting Licenses	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
FCC Broadcasting Licenses	(6) FCC Broadcasting Licenses The changes in the carrying amount of FCC broadcasting licenses for the years ended December 31, 2014 and 2015 are as follows: Balance as of January 1, 2014 $ 108,961,730 Acquisitions of translator licenses 155,000 FCC broadcasting licenses received from asset exchange (see Note 3) 125,211,600 Balance as of December 31, 2014 234,328,330 Acquisitions of translator licenses 391,175 Balance as of December 31, 2015 $ 234,719,505 On February 14, 2014, the Company completed the acquisition of one FM translator license from Starboard Media Foundation, Inc. for $15,000, and on March 1, 2014, the Company placed in service one FM translator license acquired from CTC Media Group for $65,000. These translator licenses allow the Company to rebroadcast the programming of two of its radio stations in Greenville-New Bern-Jacksonville, NC on the FM band over an expanded area of coverage. On May 1, 2014, the Company completed the acquisition of one FM translator license from Eastern Airwaves, LLC for $75,000. This translator license allows the Company to rebroadcast the programming of one of its radio stations in Fayetteville, NC on the FM band over an expanded area of coverage. On February 27, 2015, the Company completed the acquisition of one FM translator license from Reach Communications, Inc. for $0.2 million. This translator license allows the Company to rebroadcast the programming of one of its radio stations in Boca Raton, FL on the FM band over an expanded area of coverage. On June 25, 2015, the Company completed the acquisition of two FM translator licenses from the University of Northwestern for $0.2 million. These translator licenses allow the Company to rebroadcast the programming of one of its radio stations in Tampa, FL and one of its radio stations in Fort Myers, FL on the FM band over an expanded area of coverage. Translator licenses are generally granted for renewable terms of eight years and are tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that they might be impaired.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	(7) Goodwill The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2015 are as follows: Balance as of January 1, 2014 $ 7,062,310 Goodwill from asset exchange (see Note 3) 1,795,206 Balance as of December 31, 2014 8,857,516 Impairment loss (3,520,933 ) Balance as of December 31, 2015 $ 5,336,583 Goodwill related to the asset exchange with CBS Radio was recorded net of deferred taxes of $1.0 million as of the acquisition date of December 1, 2014. Goodwill is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the Company’s goodwill might be impaired. For the purpose of testing its goodwill for impairment, the Company has identified its market clusters as its reporting units. As a result of its qualitative assessment during the third quarter of 2015, the Company determined it was more likely than not that the fair value of the Wilmington market cluster was less than its carrying amount. The Company determined that the Wilmington market cluster would not meet its cash flow projections for 2015 primarily due to a continuing decrease in cash flows and a decline in ratings during the third quarter of 2015. Therefore the Company performed the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. The first step test indicated that the carrying amount of the goodwill in the Wilmington market cluster exceeded its fair value, therefore the Company was required to perform the second step of the two-step goodwill impairment test to measure the amount of the impairment loss. As a result of the second step test, the Company recorded an impairment loss of $3.5 million, which reflects 100% of the goodwill in its Wilmington market cluster, during the third quarter of 2015. The fair value of the Wilmington market cluster was estimated using an income approach. The income approach is based upon discounted cash flow analyses incorporating variables such as projected revenues, projected growth rate for revenues, projected station operating income margins, and a discount rate. The key assumptions in the discounted cash flow analyses are as follows: Long-term revenue growth rate 2.5% Station operating income margins 23.5% - 50% Discount rate 9.5%

Other Intangibles

Other Intangibles	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Other Intangibles	(8) Other Intangibles Other intangibles are comprised of the following: December 31, December 31, 2014 2015 Acquired advertising contracts $ 409,233 $ — Advertiser relationships 1,098,279 1,098,279 1,507,512 1,098,279 Less accumulated amortization (149,486 ) (554,041 ) $ 1,358,026 $ 544,238 The Company recorded amortization expense of $0.1 million and $0.8 million for the years ended December 31, 2014 and 2015, respectively. Estimated future amortization expense related to intangible assets subject to amortization for the next five years is as follows: 2016 $ 276,832 2017 140,677 2018 71,648 2019 36,309 2020 18,772 Total $ 544,238

Other Current Liabilities

Other Current Liabilities	12 Months Ended
	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	(9) Other Current Liabilities Other current liabilities are comprised of the following: December 31, 2014 2015 Accrued payroll expenses $ 2,094,539 $ 2,247,886 Deferred revenue 840,547 1,156,510 Dividends payable 1,027,628 1,032,573 Trade sales payable 693,819 761,344 Deferred rent 351,648 560,169 Income taxes payable 2,413,145 — Prorations payable 1,575,428 — Other accrued expenses 867,774 1,829,624 $ 9,864,528 $ 7,588,106

Long-Term Debt

Long-Term Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Long-Term Debt	(10) Long-Term Debt Long-term debt is comprised of the following: December 31, December 31, 2014 2015 Term loan $ 97,693,750 $ 89,000,000 Revolving credit facility — — Capital lease obligations — 750,216 97,693,750 89,750,216 Less unamortized debt issuance costs (1,555,992 ) (1,804,390 ) 96,137,758 87,945,826 Less current installments (3,112,500 ) (1,484,048 ) $ 93,025,258 $ 86,461,778 As of December 31, 2014, the credit facility consisted of a term loan with a remaining balance of $97.7 million and a revolving credit facility with a maximum commitment of $20.0 million. The credit facility carried interest, based on adjusted LIBOR, at 3.4% as of December 31, 2014. On November 30, 2015, the Company, through its wholly-owned subsidiary, Beasley Mezzanine Holdings, LLC, entered into a new credit agreement with a syndicate of financial institutions. Proceeds from the new credit facility were primarily used to repay the old credit facility. In connection with the new credit agreement, the Company recorded a loss on modification of long-term debt of $0.6 million during the fourth quarter of 2015. As of December 31, 2015, the credit facility consisted of a term loan with a remaining balance of $89.0 million and a revolving credit facility with a maximum commitment of $20.0 million. As of December 31, 2015, the Company had $20.0 million in available commitments under its revolving credit facility. At the Company’s option, the credit facility may bear interest at either (i) the LIBOR rate, as defined in the credit agreement, plus a margin ranging from 2.5% to 4.5% that is determined by the Company’s consolidated total debt ratio, as defined in the credit agreement or (ii) the base rate, as defined in the credit agreement, plus a margin ranging from 1.5% to 3.5% that is determined by the Company’s consolidated total debt ratio. Interest on adjusted LIBOR loans is payable at the end of each applicable interest period and, for those interest periods with a duration in excess of three months, the three month anniversary of the beginning of such interest period. Interest on base rate loans is payable quarterly in arrears. The credit facility carried interest, based on LIBOR, at 3.9% as of December 31, 2015 and matures on November 30, 2020. The credit agreement requires mandatory prepayments equal to 50% of consolidated excess cash flow, as defined in the credit agreement, when the Company’s consolidated total debt is equal to or greater than three times its consolidated operating cash flow, as defined in the credit agreement. Prepayments of excess cash flow are not required when the Company’s consolidated total debt is less than three times its consolidated operating cash flow. Mandatory prepayments of consolidated excess cash flow are due 120 days after year end. The credit agreement also requires mandatory prepayments for defined amounts from net proceeds of asset sales, net insurance proceeds, and net proceeds of debt issuances. The credit agreement requires the Company to comply with certain financial covenants which are defined in the credit agreement. These financial covenants include: • Consolidated Total Debt Ratio. • Interest Coverage Ratio. The new credit facility is secured by a first-priority lien on substantially all of the Company’s assets and the assets of substantially all of its subsidiaries and is guaranteed jointly and severally by the Company and substantially all of its subsidiaries. If the Company defaults under the terms of the credit agreement, the Company and its applicable subsidiaries may be required to perform under their guarantees. As of December 31, 2015, the maximum amount of undiscounted payments the Company and its applicable subsidiaries would have been required to make in the event of default was $89.0 million. The guarantees for the credit facility expire on November 30, 2020. Failure to comply with financial covenants, scheduled interest payments, scheduled principal repayments, or any other terms of the Company’s credit agreement could result in the acceleration of the maturity of its outstanding debt, which could have a material adverse effect on its business or results of operations. As of December 31, 2015, the Company was in compliance with all applicable financial covenants under its credit agreement. The Company has two capital leases related to radio towers. The obligations recorded as of December 31, 2015 represent the fair value of one tower and the present value of future lease payments under the lease agreements for the other tower. See Note 15 for additional information on the capital leases. On February 23, 2016, a waiver was granted by the lenders party to the Company’s credit agreement which allowed the Company to enter certain lease agreements with related parties. See Note 15 for additional information on the lease transactions. The aggregate scheduled principal repayments of the credit facility and capital lease obligations for the next five years are as follows: 2016 $ 1,484,048 2017 5,192,706 2018 6,901,460 2019 7,472,814 2020 68,331,772 Thereafter 367,416 Total $ 89,750,216

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Stockholders' Equity	(11) Stockholders’ Equity The Company has two classes of common stock: Class A common stock and Class B common stock. In the election of directors, the holders of Class A common stock are entitled by class vote, exclusive of other stockholders, to elect two of the Company’s directors, with each Class A share being entitled to one vote. In the election of the other six directors and all other matters submitted to the stockholders for a vote, the holders of Class A shares and Class B shares shall vote as a single class, with each Class A share being entitled to one vote and each Class B share entitled to ten votes. The Company’s credit agreement permits it to repurchase sufficient shares of its common stock to fund withholding taxes in connection with the vesting of restricted stock, subject to compliance with financial covenants, up to an aggregate amount of $2.5 million per year. The Company paid $0.3 million to repurchase 51,275 shares in 2015. The Company’s credit agreement permits it to pay cash dividends and to repurchase additional shares of its common stock, subject to compliance with financial covenants, up to an aggregate amount of $5.0 million in 2015 and $6.0 million for each year thereafter. The Company paid cash dividends of $4.1 million in 2014 and 2015. On December 8, 2015, the Company declared a cash dividend of $0.045 per share on its Class A and Class B common stock. The dividend of $1.0 million in the aggregate was paid on January 8, 2016, to stockholders of record on December 31, 2015.

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	(12) Stock-Based Compensation The Beasley Broadcast Group, Inc. 2007 Equity Incentive Award Plan (the “2007 Plan”) permits the Company to issue up to 4.0 million shares of Class A common stock. The 2007 Plan allows for eligible employees, directors and certain consultants of the Company to receive shares of restricted stock, stock options or other stock-based awards. The restricted stock awards that have been granted under the 2007 Plan generally vest over one to five years of service. A summary of restricted stock activity under the 2007 Plan is presented below: Shares Weighted- Grant-Date Unvested as of January 1, 2014 195,767 $ 6.79 Granted 248,864 8.44 Vested (126,148 ) 6.71 Forfeited (47,058 ) 8.50 Unvested as of December 31, 2014 271,425 8.20 Granted 185,076 5.20 Vested (161,176 ) 8.22 Forfeited (10,866 ) 5.14 Unvested as of December 31, 2015 284,459 $ 5.98 As of December 31, 2015, there was $0.8 million of total unrecognized compensation cost for restricted stock granted under the 2007 Plan. That cost is expected to be recognized over a weighted-average period of 1.6 years. The 2000 Equity Plan of Beasley Broadcast Group. Inc. (the “2000 Plan”) was terminated upon adoption of the 2007 Plan, except with respect to outstanding awards. The remaining stock options expire ten years from the date of grant. No new awards will be granted under the 2000 Plan. A summary of stock option activity under the 2000 Plan is as follows: Options Weighted- Outstanding as of January 1, 2014 62,250 15.82 Forfeited (62,250 ) 15.82 Outstanding and exercisable as of December 31, 2014 — $ —

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	(13) Income Taxes Income tax expense is as follows: Year ended December 31, 2014 2015 Current: Federal $ 4,649,581 $ 1,624,206 State 832,118 226,470 5,481,699 1,850,676 Deferred: Federal 23,421,301 2,123,431 State 1,007,025 (333,320 ) 24,428,326 1,790,111 $ 29,910,025 $ 3,640,787 Income taxes are allocated as follows: Continuing operations $ 514,275 $ 3,640,787 Discontinued operations 29,395,750 — $ 29,910,025 $ 3,640,787 Income tax expense differs from the amounts that would result from applying the federal statutory rate of 35% to the Company’s income before taxes as follows: Year ended December 31, 2014 2015 Expected tax expense $ 24,468,287 $ 3,501,088 State income taxes, net of federal benefit 1,195,443 331,177 Income tax rate adjustments 1,109,211 (400,629 ) Change in valuation allowance (3,333 ) (36,696 ) Non-deductible items 3,140,417 245,847 $ 29,910,025 $ 3,640,787 Discontinued operations 29,395,750 — Continuing operations $ 514,275 $ 3,640,787 Temporary differences that give rise to the components of deferred tax assets and liabilities are as follows: December 31, 2014 2015 Deferred tax assets: Allowance for doubtful accounts $ 329,107 $ 319,049 Other assets 780,009 15,752 Accrued expenses 134,277 212,808 Other long-term liabilities 286,149 688,462 Stock-based compensation 404,667 321,860 Net operating losses 293,184 277,235 Subtotal 2,227,393 1,835,166 Valuation allowance (630,775 ) (594,079 ) Total 1,596,618 1,241,087 Deferred tax liabilities: Prepaid expenses (243,067 ) (382,250 ) Property and equipment (3,088,066 ) (2,907,439 ) Intangibles (74,041,982 ) (75,690,599 ) Total (77,373,115 ) (78,980,288 ) Net deferred tax liabilities $ (75,776,497 ) $ (77,739,201 ) As of December 31, 2015, the Company has state net operating losses of $5.8 million, which expire in various years through 2030. The valuation allowance relates to net operating losses and unrealized losses on investments which management has determined, more likely than not, that such losses will not be utilized. As of December 31, 2014 and 2015, the Company does not have any material unrecognized tax benefits and accordingly has not recorded any interest or penalties related to unrecognized tax benefits. The Company and its subsidiaries file a consolidated federal income tax return and various state returns. These returns remain subject to examination by taxing authorities for all years after 2011.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(14) Earnings Per Share Net income per share calculation information is as follows: Year ended December 31, 2014 2015 Net income $ 39,999,367 $ 6,362,322 Weighted-average shares outstanding: Basic 22,811,825 22,911,727 Effect of dilutive restricted stock 132,990 113,993 Diluted 22,944,815 23,025,720 Net income per basic share $ 1.75 $ 0.28 Net income per diluted share $ 1.74 $ 0.28

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	(15) Related Party Transactions Beasley Family Towers, LLC On December 31, 2015, the Company sold the tower for one radio station in Augusta, GA to Beasley Family Towers, LLC (“BFT”), which is partially held by a trust for the benefit of Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members of George G. Beasley and partially owned directly by Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members, for $1.3 million then leased the tower back under an agreement which expires on December 31, 2025 with four automatic renewal terms of five years each. The lease met the criteria to be recorded as a capital lease, however based on the terms of the lease agreement the $0.8 million gain on sale was deferred and will not be recognized until the Company’s continuing involvement is no longer present. On November 30, 2015, the notes receivable from BFT were repaid in full. The notes totaled $1.7 million as of December 31, 2014. Interest income on the notes receivable from BFT was approximately $50,000 and $37,000 for the years ended December 31, 2014 and 2015, respectively. On August 4, 2006, the Company entered into an agreement to lease several radio towers for one radio station in Boca Raton, FL from BFT. The lease agreement expires on April 30, 2016. Lease payments are currently offset by the partial recognition of a deferred gain on sale from the sale of these towers to BFT in 2006, therefore no rental expense was reported for these towers for the years ended December 31, 2014 and 2015. On November 17, 2015, two of the towers were sold to an unrelated party and $0.3 million of the gain deferred in 2006 was recognized and reported in other income (expense), net. In addition, BFT prepaid rent of $0.7 million on behalf of the Company to the unrelated party. The prepaid rent will be repaid with monthly payments of $5,500 through November 17, 2025. Repayments of prepaid rent to BFT were approximately $8,000 for the year ended December 31, 2015. On April 7, 2014, BFT entered into an agreement to demolish a radio tower that was leased to the Company for a radio station in Miami, FL. As a result of the tower demolition, the agreement requiring the Company to make monthly lease payments of approximately $3,000 per month to BFT was canceled and the Company forgave indebtedness of $0.3 million associated with notes receivable from BFT. The related party debt forgiveness was approved by the Audit Committee. The $0.3 million loss on the notes receivable was reported in other income (expense), net during the second quarter of 2014. The Company leases radio towers for 23 radio stations in various markets from BFT. The lease agreements expire on various dates through December 28, 2020. Rental expense was $0.5 million for each of the years ended December 31, 2014 and 2015. Wintersrun Communications, LLC On December 31, 2015, the Company sold the tower for one radio station in Charlotte, NC to Wintersrun Communications, LLC, which is partially held by a trust for the benefit of Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members of George G. Beasley and partially owned directly by Bruce G. Beasley and Brian E. Beasley, for $0.4 million then leased the tower back under an agreement which expires on December 31, 2025 with four automatic renewal terms of five years each. The lease met the criteria to be recorded as a capital lease however, based on the terms of the lease agreement the $0.3 million gain on sale was deferred and will not be recognized until the Company’s continuing involvement is no longer present. The Company leased a radio tower for one radio station in Augusta, GA from Wintersrun. Rental expense was approximately $31,000 and $24,000 for the years ended December 31, 2014 and 2015, respectively. On October 16, 2015, the tower was sold to an unrelated party and Wintersrun prepaid rent of $0.3 million on behalf of the Company to the unrelated party. The prepaid rent will be repaid with monthly payments of $2,559 through October 16, 2025. Repayments of prepaid rent to Wintersrun were approximately $6,000 for the year ended December 31, 2015. GGB Las Vegas, LLC The Company leases property for its radio stations in Las Vegas, NV from GGB Las Vegas, LLC which is controlled by George G. Beasley. The lease agreement expires on December 31, 2018. Rental expense was $0.2 million for each of the years ended December 31, 2014 and 2015. GGB Estero, LLC The Company leases property for its radio stations in Ft. Myers, FL from GGB Estero, LLC which is held by a trust for the benefit of Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members of George G. Beasley. The lease agreement expires on August 31, 2019. Rental expense was $0.2 million for each of the years ended December 31, 2014 and 2015. GGB Augusta, LLC The Company leases land for its radio stations in Augusta, GA from GGB Augusta, LLC which is held by a trust for the benefit of Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members of George G. Beasley. The lease agreement expires on November 1, 2023. Rental expense was approximately $41,000 and $42,000 for the years ended December 31, 2014 and 2015, respectively. Beasley Broadcasting Management, LLC The Company leases its principal executive offices in Naples, FL from Beasley Broadcasting Management, LLC, which is held by a trust for the benefit of Bruce G. Beasley, Caroline Beasley, Brian E. Beasley and other family members of George G. Beasley. Rental expense was $0.2 million for each of the years ended December 31, 2014 and 2015. Digital PowerRadio, LLC On March 25, 2011, the Company contributed $250,000 to Digital PowerRadio, LLC (“DPR”) in exchange for 25,000 units or approximately 20% of the outstanding units. The Company contributed an additional $62,500 on February 14, 2012, $104,167 on July 31, 2012, $104,167 on April 10, 2013, $104,167 on April 4, 2014, and $166,667 on April 3, 2015 which maintained its ownership interest at approximately 20% of the outstanding units. The Company may be called upon to make additional pro rata cash contributions to DPR in the future. DPR is managed by Fowler Radio Group, LLC which is partly-owned by Mark S. Fowler, an independent director of the Company. As of December 31, 2015, future minimum lease payments to related parties for the next five years and thereafter are summarized as follows: 2016 $ 1,017,828 2017 1,032,043 2018 1,046,714 2019 783,772 2020 652,230 Thereafter 1,069,479 Total $ 5,602,066

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	(16) Commitments and Contingencies The Company leases property and equipment from third parties under five- to thirty-year operating leases. Lease expense was $3.1 million and $3.7 million for the years ended December 31, 2014 and 2015, respectively. The Company also has various commitments for rating services, on-air personalities not employed by us, consultants and programming rights. As of December 31, 2015, future minimum payments to third parties for the next five years and thereafter are summarized as follows: 2016 $ 8,591,662 2017 9,279,734 2018 8,897,610 2019 3,441,001 2020 2,282,678 Thereafter 7,723,100 Total $ 40,215,785 In the normal course of business, the Company is party to various legal matters. The ultimate disposition of these matters will not, in management’s judgment, have a material adverse effect on the Company’s financial position.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 31, 2015
Investments, All Other Investments [Abstract]
Financial Instruments	(17) Financial Instruments The carrying amount of the Company’s financial instruments including cash and cash equivalents, accounts receivable, restricted cash and accounts payable approximate fair value due to the short term nature of these financial instruments. The carrying amount of long term debt, including capital lease obligations and current installments, was $89.8 million as of December 31, 2015 and approximated fair value based on current market interest rates. The carrying amount of long-term debt was $97.7 million as of December 31, 2014 and approximated fair value based on market rates at that time. The carrying amount of notes receivable from related parties with a fixed rate of interest of 2.57% was $1.7 million as of December 31, 2014, compared with a fair value of $1.7 million based on market rates at that time.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	(18) Fair Value Measurements The Company has certain assets that are measured at fair value on a non-recurring basis and are adjusted to fair value only when the carrying values exceed the fair values. The categorization of the framework used to price the assets is considered Level 3, due to the subjective nature of the unobservable inputs used to determine the fair value. During the third quarter of 2015, the Company estimated the fair value of goodwill in its Wilmington market cluster using significant unobservable inputs (Level 3) and recorded an impairment loss of $3.5 million.

Defined Contribution Plan

Defined Contribution Plan	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Defined Contribution Plan	(19) Defined Contribution Plan The Company has a defined contribution plan that conforms with Section 401(k) of the Internal Revenue Code. Under this plan, employees may contribute a minimum of 1% of their compensation (no maximum) to the Plan. However, the Internal Revenue Code limited contributions to $17,500 (or $23,000 if aged 50 years or older) in 2014 and $18,000 (or $24,000 if aged 50 years or older) in 2015. There were no employer matching contributions in 2014 and 2015.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2015
Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	BEASLEY BROADCAST GROUP, INC. CONSOLIDATED FINANCIAL STATEMENT SCHEDULE VALUATION AND QUALIFYING ACCOUNTS Years ended December 31, 2014 and 2015 Column A Description Column B Balance at Column C Column D Column E Year ended December 31, 2014: Allowance for doubtful accounts 499,865 589,270 544,203 544,932 Valuation allowance for deferred tax assets 634,108 — 3,333 630,775 Year ended December 31, 2015: Allowance for doubtful accounts 544,932 695,246 643,798 596,380 Valuation allowance for deferred tax assets 630,775 — 36,696 594,079

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The financial statements and accompanying notes are prepared in accordance with accounting principles generally accepted in the United States of America and include the accounts of the Company and its wholly-owned subsidiaries. All significant inter-company transactions and balances have been eliminated.
Use of Estimates	Use of Estimates Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Such estimates include (i) fair values used for testing FCC broadcasting licenses and goodwill for impairment; (ii) future cash flows used for testing recoverability of property and equipment; (iii) the amount of allowance for doubtful accounts; (iv) the realization of deferred tax assets, and (v) the fair value of assets exchanged with CBS Radio. Actual results and outcomes may differ from management’s estimates and assumptions.
Cash and Cash Equivalents	Cash and Cash Equivalents All short-term investments with an original maturity of three months or less are considered to be cash equivalents.
Accounts Receivable	Accounts Receivable Accounts receivable consist primarily of uncollected amounts due from advertisers for the sale of advertising airtime. The amounts are net of advertising agency commissions and an allowance for doubtful accounts. The allowance for doubtful accounts reflects management’s estimate of probable losses in accounts receivable. Management determines the allowance based on historical information, relative improvements or deteriorations in the age of the accounts receivable and changes in current economic conditions. Interest is not accrued on accounts receivable.
Property and Equipment	Property and Equipment Property and equipment is recorded at cost and depreciated using the straight-line method over the estimated useful life of the asset. If an event or change in circumstances were to indicate that the carrying amount of property and equipment is not recoverable, the carrying amount will be reduced to the estimated fair value. Repairs and maintenance are charged to expense as incurred.
FCC Broadcasting Licenses	FCC Broadcasting Licenses FCC broadcasting licenses are generally granted for renewable terms of eight years. Renewal costs are generally minor and expensed as incurred. Licenses are tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the Company’s licenses might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that its licenses are impaired. If the Company determines it is more likely than not that its licenses are impaired then the Company is required to perform the quantitative impairment test. The quantitative impairment test compares the fair value of the Company’s licenses with their carrying amounts. If the carrying amounts of the licenses exceed their fair value, an impairment loss is recognized in an amount equal to that excess. For the purpose of testing its licenses for impairment, the Company combines its licenses into reporting units based on its market clusters. See Note 6 for changes in the carrying amount of FCC broadcasting licenses for the years ended December 31, 2014 and 2015. The weighted-average period before the next renewal of the Company’s FCC broadcasting licenses is 4.4 years.
Goodwill	Goodwill Goodwill is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the Company’s goodwill might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then it is required to perform the first step of a two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the Company is required to perform the second step of the two-step goodwill impairment test to measure the amount of the impairment loss. For the purpose of testing its goodwill for impairment, the Company has identified its market clusters as its reporting units. See Note 7 for changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2015.
Other Intangibles	Other Intangibles Other intangibles include acquired advertising contracts and advertiser relationships and are amortized over their respective estimated useful lives. If an event or change in circumstances were to indicate that the carrying amount of other intangibles is not recoverable, the carrying amount will be reduced to the estimated fair value.
Investment	Investment Other assets include a noncontrolling interest in Quu, Inc. which is accounted for under the cost method of accounting. Under the cost method of accounting, investments are carried at cost and only adjusted for distributions received in excess of earnings and other-than-temporary declines in fair value. The Company evaluates the investment on a quarterly basis and recognizes an impairment loss if a decline in value is determined to be other-than-temporary. Such impairment evaluations include the current business environment, the investee’s competition, and the investee’s ability to obtain additional financing to achieve its business plan. If the Company has not identified events or changes in circumstances that may have a significant adverse effect on the fair value of the investment, then the fair value of the investment is not estimated, as it is impracticable to do so. As of December 31, 2014 and 2015, the carrying value of the investment in Quu, Inc. is $0.9 million.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs are capitalized and amortized over the life of the related debt as interest expense on a straight-line basis which approximates the effective interest method. Unamortized debt issuance costs are reported as a direct deduction from the carrying amount of the related debt.
Treasury Stock	Treasury Stock Treasury stock is accounted for using the cost method whereby the entire cost of the acquired stock is recorded as treasury stock.
Revenue	Revenue Revenue from the sale of advertising airtime is recognized when commercials are broadcast and collection is reasonably assured. Revenues are reported net of advertising agency commissions, generally 15% of gross revenue, in the financial statements. An estimated allowance is recorded for uncollectible accounts. Payments received before commercials are broadcast are recorded as deferred revenue. Trade sales are recorded at the estimated fair value of the goods or services received. Revenue from trade sales is recognized when commercials are broadcast. Goods or services are recorded when received. If commercials are broadcast before the goods or services are received then a trade sales receivable is recorded. If goods or services are received before the broadcast of commercials then a trade sales payable is recorded. Trade sales revenue was $3.7 million for each of the years ended December 31, 2014 and 2015. Trade sales expenses were $3.9 million and $4.0 million for the years ended December 31, 2014 and 2015, respectively.
Stock-Based Compensation	Stock-Based Compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. The cost is recognized in earnings over the period during which an employee is required to provide service. No compensation cost is recognized for equity instruments for which employees do not render the requisite services.
Income Taxes	Income Taxes The Company recorded income taxes under the liability method. Deferred tax assets and liabilities are recognized for all temporary differences between tax and financial reporting bases of the Company’s assets and liabilities using enacted tax rates applicable to the periods in which the differences are expected to affect taxable income. Tax benefits from an uncertain tax position are only recognized if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate resolution. Interest and penalties related to unrecognized tax benefits are recorded as incurred as a component of income tax expense.
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and other gains and losses affecting stockholders’ equity that, under accounting principles generally accepted in the United States of America are excluded from net income, including unrealized gain (loss) on available-for-sale securities.
Earnings per Share	Earnings per Share Basic net income per share is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Common shares outstanding include shares of both Class A and Class B common stock, which have equal rights and privileges except with respect to voting. Diluted net income per share reflect the potential dilution that could occur if stock options, restricted stock or other contracts to issue common stock were exercised or converted into common stock and were not anti-dilutive.
Concentrations of Risk	Concentrations of Risk Certain cash deposits with financial institutions may at times exceed FDIC insurance limits. The radio stations located in Tampa-Saint Petersburg, FL and Charlotte, NC contributed 49.7% of the Company’s net revenue in 2015.
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk. Inputs may be observable or unobservable. Observable inputs are based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s own assumptions based on the best information available in the circumstances. The fair value hierarchy prioritizes the inputs used to measure fair value into three broad levels. The three levels of the fair value hierarchy are defined as follows: Level 1 – Inputs are quoted prices in active markets for identical assets or liabilities as of the reporting date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, as of the reporting date. Level 3 – Unobservable inputs for the asset or liability that reflect management’s own assumptions about the assumptions that market participants would use in pricing the asset or liability as of the reporting date.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In January 2016, the FASB issued guidance that changes how entities measure equity investments and present changes in the fair value of financial liabilities. The new guidance requires entities to measure equity investments that do not result in consolidation and are not accounted under the equity method at fair value and recognize any changes in fair value in net income unless the investments qualify for the new practicality exception. A practicality exception will apply to those equity investments that do not have a readily determinable fair value and do not qualify for the practical expedient to estimate fair value and as such these investments may be measured at cost. The new guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company has not determined the impact of adoption on its financial statements. In November 2015, the FASB issued guidance to simplify the presentation of deferred taxes in a classified statement of financial position. The guidance requires deferred tax liabilities and assets to be classified as noncurrent in a classified statement of financial position. The new guidance is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. This guidance may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. Early adoption is permitted as of the beginning of an interim or annual reporting period. The Company early adopted the new guidance in the fourth quarter of 2015, which has been applied retrospectively. As a result of the adoption of the new guidance, current deferred tax assets of $0.2 million, were reclassified as a reduction of long-term deferred tax liabilities in the balance sheet as of December 31, 2014. In April 2015, the FASB issued guidance to simplify the presentation of debt issuance costs. The guidance requires debt issuance related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. In August 2015, the FASB issued guidance to simplify the presentation of debt issuance costs related to line of credit agreements. The guidance allows debt issuance costs related to line of credit agreements to be presented as an asset and amortized over the term of the line of credit agreement. Early adoption is permitted for financial statements that have not been previously issued. The Company early adopted the new guidance in the fourth quarter of 2015, which has been applied retrospectively. As a result of the adoption of the new guidance, unamortized debt issuance costs of $1.6 million originally included in other assets, were reclassified as a direct deduction from long-term debt in the balance sheet as of December 31, 2014. See Note 10 for unamortized debt issuance costs reported under the new guidance. In May 2014, the FASB issued guidance to clarify the principles for recognizing revenue. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides a comprehensive framework for revenue recognition that supersedes current general revenue guidance and most industry-specific guidance. In addition, the guidance requires improved disclosures to help users of financial statements better understand the nature, amount, timing, and uncertainty of revenue that is recognized. An entity should apply the guidance either retrospectively to each prior reporting period presented or retrospectively with the cumulative adjustment at the date of the initial application. In August 2015, the FASB delayed the effective date of the new guidance to annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is now permitted after the original effective date of December 15, 2016. The Company has not determined the impact of adoption on its financial statements. In April 2014, the FASB issued guidance that changes the requirements for reporting discontinued operations. A disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results when any of the following occurs: 1. The component of an entity or group of components of an entity meets the criteria to be classified as held for sale. 2. The component of an entity or group of components of an entity is disposed of by sale. 3. The component of an entity or group of components of an entity is disposed of other than by sale. The guidance also requires additional disclosures about discontinued operations. The new guidance is effective for all disposals (or classifications as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014, and interim periods within those years. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. The Company early adopted the new guidance in the third quarter of 2014. See Note 3 for discontinued operations reported under the new guidance.

Asset Exchange (Tables)

Asset Exchange (Tables)	12 Months Ended
	Dec. 31, 2015
Business Combinations [Abstract]
Summary of Pro forma Information	The following pro forma information for the year ended December 31, 2014 assumes that the asset exchange had occurred on January 1, 2014. This pro forma information has been prepared based on estimates and assumptions, which management believes are reasonable, and is not necessarily indicative of what would have occurred had the asset exchange actually been completed on January 1, 2014 or of results that may occur in the future. Net revenue $ 112,173,985 Operating income 19,589,159 Net income 9,501,522 Basic net income per share 0.42 Diluted net income per share 0.41
Summary of Discontinued Operations	A summary of discontinued operations is as follows: Net revenue $ 42,621,758 Station operating expenses 27,732,682 Employee termination expenses 62,500 Depreciation and amortization 374,002 Gain on exchange of radio stations (54,306,974 ) Other (income) expense, net 330,416 Income from discontinued operations before income taxes 68,429,132 Income tax expense 29,395,750 Income from discontinued operations $ 39,033,382
Summary of Operating and Investing Cash Flows of Discontinued Operations	A summary of operating and investing cash flows of discontinued operations is as follows: Cash flows from operating activities: Income from discontinued operations $ 39,033,382 Adjustments to reconcile income from discontinued operations to net cash provided by (used in) operating activities: Provision for bad debts 171,414 Depreciation and amortization 374,002 Gain on exchange of radio stations (54,306,974 ) Loss on notes receivable from related party 332,034 Change in operating assets and liabilities Accounts receivable 2,432,650 Prepaid expenses 732,113 Other assets (846,870 ) Accounts payable (119,044 ) Other liabilities 27,766,919 Other operating activities (15,760,304 ) Net cash used in operating activities $ (190,678 ) Cash flows from investing activities: Capital expenditures $ (324,847 ) Repayment of notes receivable from related parties 11,003 Net cash used in investing activities $ (313,844 )

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment	Property and equipment is comprised of the following: December 31, Estimated 2014 2015 Land, buildings and improvements $ 18,765,200 $ 18,911,203 15-30 Broadcast equipment 23,477,103 24,006,321 5-15 Transportation equipment 1,159,516 1,461,427 5 Office equipment 2,952,183 3,680,478 5-10 Construction in progress 1,297,426 1,222,155 — 47,651,428 49,281,584 Less accumulated depreciation and amortization (19,397,226 ) (21,758,231 ) $ 28,254,202 $ 27,523,353

FCC Broadcasting Licenses (Tabl

FCC Broadcasting Licenses (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Carrying Amount of Broadcasting Licenses	The changes in the carrying amount of FCC broadcasting licenses for the years ended December 31, 2014 and 2015 are as follows: Balance as of January 1, 2014 $ 108,961,730 Acquisitions of translator licenses 155,000 FCC broadcasting licenses received from asset exchange (see Note 3) 125,211,600 Balance as of December 31, 2014 234,328,330 Acquisitions of translator licenses 391,175 Balance as of December 31, 2015 $ 234,719,505

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Carrying Amount of Goodwill	The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2015 are as follows: Balance as of January 1, 2014 $ 7,062,310 Goodwill from asset exchange (see Note 3) 1,795,206 Balance as of December 31, 2014 8,857,516 Impairment loss (3,520,933 ) Balance as of December 31, 2015 $ 5,336,583
Schedule of Key Assumptions in Discounted Cash Flow Analysis	The fair value of the Wilmington market cluster was estimated using an income approach. The income approach is based upon discounted cash flow analyses incorporating variables such as projected revenues, projected growth rate for revenues, projected station operating income margins, and a discount rate. The key assumptions in the discounted cash flow analyses are as follows: Long-term revenue growth rate 2.5% Station operating income margins 23.5% - 50% Discount rate 9.5%

Other Intangibles (Tables)

Other Intangibles (Tables)	12 Months Ended
	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Other Intangibles Acquired	Other intangibles are comprised of the following: December 31, December 31, 2014 2015 Acquired advertising contracts $ 409,233 $ — Advertiser relationships 1,098,279 1,098,279 1,507,512 1,098,279 Less accumulated amortization (149,486 ) (554,041 ) $ 1,358,026 $ 544,238
Summary of Estimated Future Amortization Expense Related to Intangible Assets	The Company recorded amortization expense of $0.1 million and $0.8 million for the years ended December 31, 2014 and 2015, respectively. Estimated future amortization expense related to intangible assets subject to amortization for the next five years is as follows: 2016 $ 276,832 2017 140,677 2018 71,648 2019 36,309 2020 18,772 Total $ 544,238

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	12 Months Ended
	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Summary of Other Current Liabilities	Other current liabilities are comprised of the following: December 31, 2014 2015 Accrued payroll expenses $ 2,094,539 $ 2,247,886 Deferred revenue 840,547 1,156,510 Dividends payable 1,027,628 1,032,573 Trade sales payable 693,819 761,344 Deferred rent 351,648 560,169 Income taxes payable 2,413,145 — Prorations payable 1,575,428 — Other accrued expenses 867,774 1,829,624 $ 9,864,528 $ 7,588,106

Long-Term Debt (Tables)

Long-Term Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is comprised of the following: December 31, December 31, 2014 2015 Term loan $ 97,693,750 $ 89,000,000 Revolving credit facility — — Capital lease obligations — 750,216 97,693,750 89,750,216 Less unamortized debt issuance costs (1,555,992 ) (1,804,390 ) 96,137,758 87,945,826 Less current installments (3,112,500 ) (1,484,048 ) $ 93,025,258 $ 86,461,778
Scheduled Repayments of Credit Facility and Capital Lease Obligations	The aggregate scheduled principal repayments of the credit facility and capital lease obligations for the next five years are as follows: 2016 $ 1,484,048 2017 5,192,706 2018 6,901,460 2019 7,472,814 2020 68,331,772 Thereafter 367,416 Total $ 89,750,216

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Restricted Stock Activity	A summary of restricted stock activity under the 2007 Plan is presented below: Shares Weighted- Grant-Date Unvested as of January 1, 2014 195,767 $ 6.79 Granted 248,864 8.44 Vested (126,148 ) 6.71 Forfeited (47,058 ) 8.50 Unvested as of December 31, 2014 271,425 8.20 Granted 185,076 5.20 Vested (161,176 ) 8.22 Forfeited (10,866 ) 5.14 Unvested as of December 31, 2015 284,459 $ 5.98
Stock Option Activity	A summary of stock option activity under the 2000 Plan is as follows: Options Weighted- Outstanding as of January 1, 2014 62,250 15.82 Forfeited (62,250 ) 15.82 Outstanding and exercisable as of December 31, 2014 — $ —

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense	Income tax expense is as follows: Year ended December 31, 2014 2015 Current: Federal $ 4,649,581 $ 1,624,206 State 832,118 226,470 5,481,699 1,850,676 Deferred: Federal 23,421,301 2,123,431 State 1,007,025 (333,320 ) 24,428,326 1,790,111 $ 29,910,025 $ 3,640,787 Income taxes are allocated as follows: Continuing operations $ 514,275 $ 3,640,787 Discontinued operations 29,395,750 — $ 29,910,025 $ 3,640,787
Schedule of Income Tax Expense , Federal Statutory Rate	Income tax expense differs from the amounts that would result from applying the federal statutory rate of 35% to the Company’s income before taxes as follows: Year ended December 31, 2014 2015 Expected tax expense $ 24,468,287 $ 3,501,088 State income taxes, net of federal benefit 1,195,443 331,177 Income tax rate adjustments 1,109,211 (400,629 ) Change in valuation allowance (3,333 ) (36,696 ) Non-deductible items 3,140,417 245,847 $ 29,910,025 $ 3,640,787 Discontinued operations 29,395,750 — Continuing operations $ 514,275 $ 3,640,787
Schedule of Components of Deferred Tax Assets and Liabilities	Temporary differences that give rise to the components of deferred tax assets and liabilities are as follows: December 31, 2014 2015 Deferred tax assets: Allowance for doubtful accounts $ 329,107 $ 319,049 Other assets 780,009 15,752 Accrued expenses 134,277 212,808 Other long-term liabilities 286,149 688,462 Stock-based compensation 404,667 321,860 Net operating losses 293,184 277,235 Subtotal 2,227,393 1,835,166 Valuation allowance (630,775 ) (594,079 ) Total 1,596,618 1,241,087 Deferred tax liabilities: Prepaid expenses (243,067 ) (382,250 ) Property and equipment (3,088,066 ) (2,907,439 ) Intangibles (74,041,982 ) (75,690,599 ) Total (77,373,115 ) (78,980,288 ) Net deferred tax liabilities $ (75,776,497 ) $ (77,739,201 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Net Income Per Share	Net income per share calculation information is as follows: Year ended December 31, 2014 2015 Net income $ 39,999,367 $ 6,362,322 Weighted-average shares outstanding: Basic 22,811,825 22,911,727 Effect of dilutive restricted stock 132,990 113,993 Diluted 22,944,815 23,025,720 Net income per basic share $ 1.75 $ 0.28 Net income per diluted share $ 1.74 $ 0.28

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Future Minimum Payments to Third Parties for Next Five Years and Thereafter	As of December 31, 2015, future minimum payments to third parties for the next five years and thereafter are summarized as follows: 2016 $ 8,591,662 2017 9,279,734 2018 8,897,610 2019 3,441,001 2020 2,282,678 Thereafter 7,723,100 Total $ 40,215,785
Related Party [Member]
Future Minimum Payments to Third Parties for Next Five Years and Thereafter	As of December 31, 2015, future minimum lease payments to related parties for the next five years and thereafter are summarized as follows: 2016 $ 1,017,828 2017 1,032,043 2018 1,046,714 2019 783,772 2020 652,230 Thereafter 1,069,479 Total $ 5,602,066

Nature of Business - Additional

Nature of Business - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015Radio_StationsSegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments | Segment	1
Radio station owns and operated by entity | Radio_Stations	52

Summary of Significant Accoun42

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Renewable terms of FCC broadcasting licenses	8 years
Weighted-average period before the next renewal of the Company's FCC broadcasting licenses	4 years 4 months 24 days
Advertising agency commissions of gross revenue	15.00%
Barter sales revenue from Broadcasting Service	$ 3,700,000	$ 3,700,000
Barter sales expenses from Broadcasting Service	4,000,000	3,900,000
Unamortized debt issuance expense	$ 1,804,390	1,555,992
Restatement Adjustment [Member] | Adjustments for New Accounting Principle, Early Adoption [Member]
Summary Of Significant Accounting Policies [Line Items]
Deferred tax assets current, reclassified		200,000
Other Assets [Member] | Restatement Adjustment [Member] | Adjustments for New Accounting Principle, Early Adoption [Member]
Summary Of Significant Accounting Policies [Line Items]
Unamortized debt issuance expense		1,600,000
Geographic Concentration Risk [Member] | Sales Revenue, Net [Member]
Summary Of Significant Accounting Policies [Line Items]
Radio stations contributed to net revenue	49.70%
Quu, Inc. [Member]
Summary Of Significant Accounting Policies [Line Items]
Carrying value of the investment in Quu, Inc.	$ 900,000	$ 900,000

Asset Exchange - Additional Inf

Asset Exchange - Additional Information (Detail)	Dec. 01, 2014Radio_Stations
Business Combination Increase Decrease To Reflect Liabilities Acquired At Fair Value [Abstract]
Number of radio stations acquired through asset exchange	14

Asset Exchange - Summary of Pro

Asset Exchange - Summary of Pro forma Information (Detail) - CBS Radio [Member]	12 Months Ended
	Dec. 31, 2014USD ($)$ / shares
Business Acquisition [Line Items]
Net revenue	$ 112,173,985
Operating income	19,589,159
Net income	$ 9,501,522
Basic net income per share | $ / shares	$ 0.42
Diluted net income per share | $ / shares	$ 0.41

Asset Exchange - Summary of Dis

Asset Exchange - Summary of Discontinued Operations (Detail)	12 Months Ended
	Dec. 31, 2014USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Net revenue	$ 42,621,758
Station operating expenses	27,732,682
Employee termination expenses	62,500
Depreciation and amortization	374,002
Gain on exchange of radio stations	(54,306,974)
Other (income) expense, net	330,416
Income from discontinued operations before income taxes	68,429,132
Income tax expense	29,395,750
Income from discontinued operations	$ 39,033,382

Asset Exchange - Summary of Ope

Asset Exchange - Summary of Operating and Investing Cash Flows of Discontinued Operations (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Income from discontinued operations		$ 39,033,382
Adjustments to reconcile income from discontinued operations to net cash provided by (used in) operating activities:
Provision for bad debts	$ 695,246	589,270
Depreciation and amortization	3,834,992	2,151,949
Gain on exchange of radio stations		(54,306,974)
Loss on notes receivable from related party		332,034
Change in operating assets and liabilities
Accounts receivable	(2,905,096)	(1,031,503)
Prepaid expenses	(1,259,939)	801,275
Other assets	1,327,158	(629,967)
Accounts payable	706,569	(554,696)
Other liabilities	(2,433,033)	3,308,014
Other operating activities	496,464	(182,035)
Cash flows from investing activities:
Capital expenditures	(2,129,084)	(3,047,388)
Repayment of notes receivable from related parties	$ 1,748,092	375,376
Discontinued Operations [Member]
Cash flows from operating activities:
Income from discontinued operations		39,033,382
Adjustments to reconcile income from discontinued operations to net cash provided by (used in) operating activities:
Provision for bad debts		171,414
Depreciation and amortization		374,002
Gain on exchange of radio stations		(54,306,974)
Loss on notes receivable from related party		332,034
Change in operating assets and liabilities
Accounts receivable		2,432,650
Prepaid expenses		732,113
Other assets		(846,870)
Accounts payable		(119,044)
Other liabilities		27,766,919
Other operating activities		(15,760,304)
Net cash used in operating activities		(190,678)
Cash flows from investing activities:
Capital expenditures		(324,847)
Repayment of notes receivable from related parties		11,003
Net cash used in investing activities		$ (313,844)

Restricted Cash - Additional In

Restricted Cash - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)
Restricted Cash and Cash Equivalents Items [Line Items]
Change in restricted cash	$ 743,195
Sale of Radio Tower [Member]
Restricted Cash and Cash Equivalents Items [Line Items]
Change in restricted cash	$ 800,000

Property and Equipment - Summar

Property and Equipment - Summary of Property and Equipment (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 49,281,584	$ 47,651,428
Less accumulated depreciation and amortization	(21,758,231)	(19,397,226)
Property and equipment, net	27,523,353	28,254,202
Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	18,911,203	18,765,200
Broadcast Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	24,006,321	23,477,103
Transportation Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,461,427	1,159,516
Estimated useful lives (years)	5 years
Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 3,680,478	2,952,183
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,222,155	$ 1,297,426
Minimum [Member] | Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	15 years
Minimum [Member] | Broadcast Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	5 years
Minimum [Member] | Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	5 years
Maximum [Member] | Land, Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	30 years
Maximum [Member] | Broadcast Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	15 years
Maximum [Member] | Office Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	10 years

Property and Equipment - Additi

Property and Equipment - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)Radio_Stations	Dec. 31, 2014USD ($)
Property, Plant and Equipment [Line Items]
Depreciation and amortization expense	$ 3,834,992	$ 2,525,951
Broadcast Equipment [Member]
Property, Plant and Equipment [Line Items]
Number of radio towers leased for radio stations under separate lease agreements | Radio_Stations	2
Capital leased property and equipment	$ 800,000

FCC Broadcasting Licenses - Car

FCC Broadcasting Licenses - Carrying Amount of Broadcasting Licenses (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
FCC Broadcasting Licenses [Line Items]
Beginning Balance	$ 234,328,330
Ending Balance	234,719,505	$ 234,328,330
FCC Broadcasting License [Member]
FCC Broadcasting Licenses [Line Items]
Beginning Balance	234,328,330	108,961,730
Acquisitions of translator licenses	391,175	155,000
FCC broadcasting licenses received from asset exchange		125,211,600
Ending Balance	$ 234,719,505	$ 234,328,330

FCC Broadcasting Licenses - Add

FCC Broadcasting Licenses - Additional Information (Detail)	Jun. 25, 2015USD ($)License	Feb. 27, 2015USD ($)License	May. 01, 2014USD ($)License	Feb. 14, 2014USD ($)License	Dec. 31, 2015
FCC Broadcasting Licenses [Line Items]
Translator licenses renewable term					8 years
Reach Communications, Inc. [Member]
FCC Broadcasting Licenses [Line Items]
Acquisition of translator licenses | $		$ 200,000
Number of translator licenses acquired | License		1
University of Northwestern [Member]
FCC Broadcasting Licenses [Line Items]
Acquisition of translator licenses | $	$ 200,000
Number of translator licenses acquired | License	2
CTC Media Group [Member]
FCC Broadcasting Licenses [Line Items]
Acquisition of translator licenses | $				$ 65,000
Number of translator licenses acquired | License				1
Starboard Media Foundation, Inc. [Member]
FCC Broadcasting Licenses [Line Items]
Acquisition of translator licenses | $				$ 15,000
Number of translator licenses acquired | License				1
Eastern Airwaves, LLC [Member]
FCC Broadcasting Licenses [Line Items]
Acquisition of translator licenses | $			$ 75,000
Number of translator licenses acquired | License			1

Goodwill - Summary of Carrying

Goodwill - Summary of Carrying Amount of Goodwill (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning Balance		$ 8,857,516	$ 7,062,310
Impairment loss	$ (3,500,000)	(3,520,933)
Goodwill from asset exchange			1,795,206
Ending Balance		$ 5,336,583	$ 8,857,516

Goodwill - Additional Informati

Goodwill - Additional Information (Detail) - USD ($)	Dec. 01, 2014	Sep. 30, 2015	Dec. 31, 2015
Goodwill [Line Items]
Impairment loss		$ 3,500,000	$ 3,520,933
Percentage of impairment loss of goodwill		100.00%
CBS Radio [Member]
Goodwill [Line Items]
Goodwill reported net of deferred tax asset	$ 1,000,000

Goodwill - Schedule of Key Assu

Goodwill - Schedule of Key Assumptions in Discounted Cash Flow Analysis (Detail)	12 Months Ended
	Dec. 31, 2015
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Long-term revenue growth rate	2.50%
Discount rate	9.50%
Minimum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Station operating income margins	23.50%
Maximum [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Station operating income margins	50.00%

Other Intangibles - Summary of

Other Intangibles - Summary of Other Intangibles Acquired (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets	$ 1,098,279	$ 1,507,512
Less accumulated amortization	(554,041)	(149,486)
Finite lived intangible assets net	544,238	1,358,026
Acquired Advertising Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets		409,233
Advertiser Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite lived intangible assets	$ 1,098,279	$ 1,098,279

Other Intangibles - Additional

Other Intangibles - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Intangible Liability Disclosure [Abstract]
Amortization expense	$ 0.8	$ 0.1

Other Intangibles - Summary o57

Other Intangibles - Summary of Estimated Future Amortization Expense Related to Intangible Assets (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Intangible Liability Disclosure [Abstract]
2,016	$ 276,832
2,017	140,677
2,018	71,648
2,019	36,309
2,020	18,772
Finite lived intangible assets net	$ 544,238	$ 1,358,026

Other Current Liabilities - Sum

Other Current Liabilities - Summary of Other Current Liabilities (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Other Liabilities Disclosure [Abstract]
Accrued payroll expenses	$ 2,247,886	$ 2,094,539
Deferred revenue	1,156,510	840,547
Dividends payable	1,032,573	1,027,628
Trade sales payable	761,344	693,819
Deferred rent	560,169	351,648
Income taxes payable		2,413,145
Prorations payable		1,575,428
Other accrued expenses	1,829,624	867,774
Other current liabilities	$ 7,588,106	$ 9,864,528

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Capital lease obligations	$ 750,216	$ 0
Long-term debt, including capital lease obligations	89,750,216	97,693,750
Less unamortized debt issuance costs	(1,804,390)	(1,555,992)
Long-term debt	87,945,826	96,137,758
Long-term debt	87,945,826	96,137,758
Less current installments	(1,484,048)	(3,112,500)
Long-term debt, net of current portion	86,461,778	93,025,258
Term Loan [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 89,000,000	97,693,750
Revolving Credit Loan [Member]
Line of Credit Facility [Line Items]
Revolving credit facility		$ 0

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2015USD ($)Radio_Stations	Dec. 31, 2014USD ($)
Line of Credit Facility [Line Items]
Revolving credit loan and term loan carried interest			3.40%
Loss on modification of long-term debt		$ (558,856)	$ (30,569)
Mandatory prepayments of consolidated excess cash flow due period		120 days
Mandatory prepayments of consolidated excess cash flow required by credit agreement		The credit agreement requires mandatory prepayments equal to 50% of consolidated excess cash flow, as defined in the credit agreement, when the Company’s consolidated total debt is equal to or greater than three times its consolidated operating cash flow, as defined in the credit agreement. Prepayments of excess cash flows are not required when the Company’s consolidated total debt is less than three times its consolidated operating cash flow. Mandatory prepayments of consolidated excess cash flow are due 120 days after year end. The credit agreement also requires mandatory prepayments for defined amounts from net proceeds of asset sales, net insurance proceeds, and net proceeds of debt issuances.
First Mortgage [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest Coverage Ratio		200.00%
Broadcast Equipment [Member]
Line of Credit Facility [Line Items]
Number of radio towers leased for radio stations under separate lease agreements | Radio_Stations		2
Term Loan [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 89,000,000	$ 89,000,000	97,693,750
Revolving Credit Loan [Member]
Line of Credit Facility [Line Items]
Revolving credit facility maximum commitment	20,000,000	20,000,000	$ 20,000,000
Remaining commitments under the revolving credit loan facility	20,000,000	$ 20,000,000
Revolving credit facility, Interest Rate Description		The credit facility may bear interest at either (i) the LIBOR rate, as defined in the credit agreement, plus a margin ranging from 2.5% to 4.5% that is determined by the Company's consolidated total debt ratio, as defined
Fiscal Quarter Through September 30, 2016 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		4.5
October 1, 2016 Through March 31, 2017 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		4.25
April 1, 2017 Through December 31, 2017 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		4
January 1, 2018 Through December 31, 2018 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		3.75
January 1, 2019 Through December 31, 2019 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		3.5
January 1, 2020 Through December 31, 2020 [Member] | First Mortgage [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Long-term Debt Covenants Aggregate Leverage Ratio		3
Credit Facility [Member]
Line of Credit Facility [Line Items]
Long-term debt	$ 89,000,000	$ 89,000,000
Revolving credit loan and term loan carried interest	3.90%	3.90%
Loss on modification of long-term debt	$ (600,000)
Revolving credit facility and term loan maturity date		Nov. 30, 2020
Mandatory prepayments of excess cash flow	50.00%	50.00%
Credit Facility [Member] | Revolving Credit Loan [Member] | Minimum [Member] | LIBOR [Member]
Line of Credit Facility [Line Items]
Credit facility interest rate margins		2.50%
Credit Facility [Member] | Revolving Credit Loan [Member] | Minimum [Member] | Base Rate [Member]
Line of Credit Facility [Line Items]
Credit facility interest rate margins		1.50%
Credit Facility [Member] | Revolving Credit Loan [Member] | Maximum [Member] | LIBOR [Member]
Line of Credit Facility [Line Items]
Credit facility interest rate margins		4.50%
Credit Facility [Member] | Revolving Credit Loan [Member] | Maximum [Member] | Base Rate [Member]
Line of Credit Facility [Line Items]
Credit facility interest rate margins		3.50%
Credit Facility [Member] | Revolving Credit Loan and Term Loan [Member]
Line of Credit Facility [Line Items]
Revolving credit facility and term loan maturity date		Nov. 30, 2020

Long-Term Debt - Scheduled Repa

Long-Term Debt - Scheduled Repayments of Credit Facility and Capital Lease Obligations (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
2,016	$ 1,484,048
2,017	5,192,706
2,018	6,901,460
2,019	7,472,814
2,020	68,331,772
Thereafter	367,416
Total	$ 89,750,216	$ 97,693,750

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Jan. 08, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 08, 2015
Class of Stock [Line Items]
Condition of electing directors by class a and class b common stock vote		In the election of directors, the holders of Class A common stock are entitled by class vote, exclusive of other stockholders, to elect two of the Company's directors, with each Class A share being entitled to one vote. In the election of the other six directors and all other matters submitted to the stockholders for a vote, the holders of Class A shares and Class B shares shall vote as a single class, with each Class A share being entitled to one vote and each Class B share entitled to ten votes.
Aggregate amount permitted for share repurchases		$ 2,500,000
Payments for treasury stock		$ 254,405	$ 377,480
Payments for treasury stock, shares		51,275
Aggregate amount permitted for cash dividends and share repurchases in 2015		$ 5,000,000
Aggregate amount permitted for cash dividends and share repurchases in 2016 and thereafter		6,000,000
Cash dividends paid		$ 4,121,804	$ 4,104,155
Dividend declared per share				$ 0.045
Subsequent Event [Member]
Class of Stock [Line Items]
Cash dividends paid	$ 1,000,000

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)shares
2007 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to restricted stock granted | $	$ 0.8
Cost expected to be recognized over a weighted-average period	1 year 7 months 6 days
2007 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards, vest, period	1 year
2007 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards, vest, period	5 years
2000 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration date for stock options	10 years
Class A Common Stock [Member] | 2007 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized | shares	4,000,000

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Activity (Detail) - 2007 Plan [Member] - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Shares, Beginning Balance	271,425	195,767
Granted, Shares	185,076	248,864
Vested, Shares	(161,176)	(126,148)
Forfeited, Shares	(10,866)	(47,058)
Unvested Shares, Ending Balance	284,459	271,425
Unvested, Weighted-Average Grant-Date Fair Value, Beginning Balance	$ 8.20	$ 6.79
Granted, Weighted-Average Grant-Date Fair Value	5.20	8.44
Vested, Weighted-Average Grant-Date Fair Value	8.22	6.71
Forfeited, Weighted-Average Grant-Date Fair Value	5.14	8.50
Unvested, Weighted-Average Grant-Date Fair Value, Ending Balance	$ 5.98	$ 8.20

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Detail) - 2000 Plan [Member]	12 Months Ended
	Dec. 31, 2014$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Options, Beginning Balance | shares	62,250
Forfeited, Options | shares	(62,250)
Outstanding and Exercisable, Ending Balance | shares	0
Outstanding, Weighted-Average Exercise Price, Beginning Balance | $ / shares	$ 15.82
Forfeited, Weighted-Average Exercise Price | $ / shares	15.82
Outstanding and exercisable, Weighted-Average Exercise Price, Ending Balance | $ / shares	$ 0

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Expense (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Current:
Federal	$ 1,624,206	$ 4,649,581
State	226,470	832,118
Current Income Tax Expense	1,850,676	5,481,699
Deferred:
Federal	2,123,431	23,421,301
State	(333,320)	1,007,025
Deferred Income Tax Expense	1,790,111	24,428,326
Income Tax Expense (Benefit)	3,640,787	29,910,025
Continuing operations	3,640,787	514,275
Discontinued operations		29,395,750
Income Tax Expense (Benefit)	$ 3,640,787	$ 29,910,025

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Income Tax [Line Items]
Federal statutory rate	35.00%
Net operating losses	$ 277,235	$ 293,184
Net operating losses expiration date	2,030
State and Local Jurisdiction [Member]
Schedule Of Income Tax [Line Items]
Net operating losses	$ 5,800,000

Income Taxes - Schedule of In68

Income Taxes - Schedule of Income Tax Expense , Federal Statutory Rate (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Expected tax expense	$ 3,501,088	$ 24,468,287
State income taxes, net of federal benefit	331,177	1,195,443
Income tax rate adjustments	(400,629)	1,109,211
Change in valuation allowance	(36,696)	(3,333)
Non-deductible items	245,847	3,140,417
Income Tax Expense (Benefit)	3,640,787	29,910,025
Income Tax Expense (Benefit)	3,640,787	29,910,025
Discontinued operations		29,395,750
Continuing operations	$ 3,640,787	$ 514,275

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Deferred Tax Assets and Liabilities (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets:
Allowance for doubtful accounts	$ 319,049	$ 329,107
Other assets	15,752	780,009
Accrued expenses	212,808	134,277
Other long-term liabilities	688,462	286,149
Stock-based compensation	321,860	404,667
Net operating losses	277,235	293,184
Subtotal	1,835,166	2,227,393
Valuation allowance	(594,079)	(630,775)
Total	1,241,087	1,596,618
Deferred tax liabilities:
Prepaid expenses	(382,250)	(243,067)
Property and equipment	(2,907,439)	(3,088,066)
Intangibles	(75,690,599)	(74,041,982)
Total	(78,980,288)	(77,373,115)
Net deferred tax liabilities	$ (77,739,201)	$ (75,776,497)

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Net Income Per Share (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income	$ 6,362,322	$ 39,999,367
Weighted-average shares outstanding:
Basic	22,911,727	22,811,825
Effect of dilutive restricted stock	113,993	132,990
Diluted	23,025,720	22,944,815
Net income per basic share	$ 0.28	$ 1.75
Net income per diluted share	$ 0.28	$ 1.74

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail)

Nov. 17, 2015USD ($)Tower

Oct. 16, 2015USD ($)

Apr. 03, 2015USD ($)

Apr. 04, 2014USD ($)

Apr. 10, 2013USD ($)

Jul. 31, 2012USD ($)

Feb. 14, 2012USD ($)

Mar. 25, 2011USD ($)shares

Aug. 04, 2006Radio_Stations

Jun. 30, 2014USD ($)

Dec. 31, 2015USD ($)Radio_StationsTowerAutomatic_Renewal

Dec. 31, 2014USD ($)

Related Party Transaction [Line Items]

Proceeds from sale of tower

$ 1,737,500

Lease agreement expiration date

Dec. 31, 2025

Number of automatic renewals | Automatic_Renewal

4

Renewal term of lease agreement

5 years

Notes receivable from related parties

$ 1,748,092

Lease or rental expense

$ 3,700,000

3,100,000

Number of radio towers sold to unrelated party | Tower

2

Deferred gain recognized

$ 300,000

Augusta, GA [Member]

Related Party Transaction [Line Items]

Number of radio towers sold for radio station | Tower

1

Proceeds from sale of tower

$ 1,300,000

Charlotte, NC [Member]

Related Party Transaction [Line Items]

Number of radio towers sold for radio station | Tower

1

Proceeds from sale of tower

$ 400,000

Digital PowerRadio LLC [Member]

Related Party Transaction [Line Items]

Additional contribution to related party

$ 166,667

$ 104,167

$ 104,167

$ 104,167

$ 62,500

$ 250,000

Related party stock purchase | shares

25,000

Percentage of outstanding units ownership interest to Digital PowerRadio

20.00%

20.00%

20.00%

20.00%

20.00%

Beasley Family Towers Inc [Member]

Related Party Transaction [Line Items]

Deferred gain on sale

800,000

Lease or rental expense

3,000

Monthly repayment of prepaid rent to related party

5,500

Repayment of prepaid rent to related party

8,000

Indebtedness amount

300,000

Loss on notes receivable

$ 300,000

Beasley Family Towers Inc [Member] | Prepaid Rent [Member]

Related Party Transaction [Line Items]

Prepaid expense paid by related party

$ 700,000

Beasley Family Towers Inc [Member] | Notes Receivable [Member]

Related Party Transaction [Line Items]

Interest income on the notes receivable

$ 37,000

50,000

Beasley Family Towers Inc [Member] | December 28, 2020 [Member]

Related Party Transaction [Line Items]

Lease agreement expiration date

Dec. 28, 2020

Number of radio towers leased for radio stations under separate lease agreements | Radio_Stations

23

Lease or rental expense

$ 500,000

500,000

Beasley Family Towers Inc [Member] | April 30, 2016 [Member]

Related Party Transaction [Line Items]

Lease agreement expiration date

Apr. 30, 2016

Number of radio towers leased for radio stations under separate lease agreements | Radio_Stations

1

Lease or rental expense

$ 0

0

Wintersrun Communications Inc [Member]

Related Party Transaction [Line Items]

Deferred gain on sale

$ 300,000

Number of radio towers leased for radio stations under separate lease agreements | Radio_Stations

1

Lease or rental expense

$ 24,000

31,000

Monthly repayment of prepaid rent to related party

$ 2,559

Repayment of prepaid rent to related party

$ 6,000

Wintersrun Communications Inc [Member] | Prepaid Rent [Member]

Related Party Transaction [Line Items]

Prepaid expense paid by related party

$ 300,000

GGB Las Vegas, LLC [Member]

Related Party Transaction [Line Items]

Lease agreement expiration date

Dec. 31, 2018

Lease or rental expense

$ 200,000

200,000

GGB Estero, LLC [Member]

Related Party Transaction [Line Items]

Lease agreement expiration date

Aug. 31, 2019

Lease or rental expense

$ 200,000

200,000

GGB Augusta, LLC [Member]

Related Party Transaction [Line Items]

Lease agreement expiration date

Nov. 1, 2023

Lease or rental expense

$ 42,000

41,000

Beasley Broadcasting Management, LLC [Member]

Related Party Transaction [Line Items]

Lease or rental expense

$ 200,000

$ 200,000

Related Party Transactions - Fu

Related Party Transactions - Future Minimum Payments to Third Parties for Next Five Years and Thereafter (Detail)	Dec. 31, 2015USD ($)
Future Minimum Leases Payments Under Leases (Line Items)
2,016	$ 8,591,662
2,017	9,279,734
2,018	8,897,610
2,019	3,441,001
2,020	2,282,678
Thereafter	7,723,100
Total	40,215,785
Related Party [Member]
Future Minimum Leases Payments Under Leases (Line Items)
2,016	1,017,828
2,017	1,032,043
2,018	1,046,714
2,019	783,772
2,020	652,230
Thereafter	1,069,479
Total	$ 5,602,066

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Commitments And Contingencies [Line Items]
Lease or rental expense	$ 3.7	$ 3.1
Minimum [Member]
Commitments And Contingencies [Line Items]
Operating leases of property and equipment from third parties	5 years
Maximum [Member]
Commitments And Contingencies [Line Items]
Operating leases of property and equipment from third parties	30 years

Commitments and Contingencies74

Commitments and Contingencies - Future Minimum Payments to Third Parties for the Next Five Years and Thereafter (Detail)	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
2,016	$ 8,591,662
2,017	9,279,734
2,018	8,897,610
2,019	3,441,001
2,020	2,282,678
Thereafter	7,723,100
Total	$ 40,215,785

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015
Debt Instrument Fair Value Carrying Value [Abstract]
Long-term debt	$ 96,137,758	$ 87,945,826
Percentage of fixed rate of interest carrying amount of notes receivables	2.57%
Fair value of notes receivable	$ 1,700,000
Notes receivable from related parties	$ 1,748,092

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Impairment loss	$ 3,500,000	$ 3,520,933

Defined Contribution Plan - Add

Defined Contribution Plan - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Sale Of Subsidiary [Abstract]
Employer matching contributions	$ 0	$ 0

Schedule I - Valuation and Qual

Schedule I - Valuation and Qualifying Accounts (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Allowance for Doubtful Accounts (Deducted from Accounts Receivable) [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	$ 544,932	$ 499,865
Charged to Costs and Expenses	695,246	589,270
Deductions	643,798	544,203
Balance at End of Period	596,380	544,932
Valuation Allowance for Deferred Tax Assets [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period	630,775	634,108
Deductions	36,696	3,333
Balance at End of Period	$ 594,079	$ 630,775