Beasley Broadcast (BBGI) 10-Q 15 Aug 22 2022 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2022	Aug. 08, 2022
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Registrant Name	BEASLEY BROADCAST GROUP, INC.
Entity Central Index Key	0001099160
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Shell Company	false
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Interactive Data Current	Yes
Entity Address, State or Province	FL
Entity Tax Identification Number	65-0960915
Entity Address, Address Line One	3033 Riviera Drive
Entity Address, Address Line Two	Suite 200
Entity Address, City or Town	Naples
Entity Address, Postal Zip Code	34103
City Area Code	239
Local Phone Number	263-5000
Title of 12(b) Security	Class A Common Stock, par value $0.001 per share
Trading Symbol	BBGI
Security Exchange Name	NASDAQ
Entity File Number	000-29253
Entity Incorporation, State or Country Code	DE
Document Transition Report	false
Document Quarterly Report	true
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		12,880,701
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		16,662,743

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 45,918,446	$ 51,378,642
Accounts receivable, less allowance for doubtful accounts of $1,720,477 in 2021 and $1,648,342 in 2022	45,628,769	53,378,437
Prepaid expenses	6,330,503	4,044,056
Other current assets	3,983,998	3,397,418
Total current assets	101,861,716	112,198,553
Property and equipment, net	52,658,061	49,843,166
Operating lease right-of-use assets	36,970,653	34,155,175
Finance lease right-of-use assets	313,333	320,000
FCC licenses	503,003,909	508,413,913
Goodwill	22,739,996	28,596,547
Other intangibles, net	23,373,197	22,697,207
Other assets	7,688,682	5,863,501
Total assets	748,609,547	762,088,062
Current liabilities:
Current installments of long-term debt	2,000,000	0
Accounts payable	9,637,062	6,995,081
Operating lease liabilities	7,385,483	7,693,831
Finance lease liabilities	0	1,945
Other current liabilities	30,842,734	29,811,226
Total current liabilities	49,865,279	44,502,083
Due to related parties	101,087	372,193
Long-term debt, net of current installments and unamortized debt issuance costs	287,641,142	293,789,892
Operating lease liabilities	36,635,544	28,747,450
Deferred tax liabilities	112,930,112	115,689,317
Other long-term liabilities	15,899,359	15,904,829
Total liabilities	503,072,523	499,005,764
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.001 par value; 10,000,000 shares authorized; none issued
Additional paid-in capital	151,502,437	150,896,611
Treasury stock, Class A common stock; 3,552,455 shares in 2021; 3,623,278 shares in 2022	(29,127,067)	(29,021,360)
Retained earnings	124,174,847	142,220,494
Accumulated other comprehensive loss	(1,046,357)	(1,046,357)
Total stockholders' equity	245,537,024	263,082,298
Total liabilities and stockholders' equity	748,609,547	762,088,062
Class A Common Stock [Member]
Stockholders' equity:
Common stock	16,502	16,248
Class B Common Stock [Member]
Stockholders' equity:
Common stock	$ 16,662	$ 16,662

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Allowance for doubtful accounts	$ 1,648,342	$ 1,720,477
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
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	16,503,979	16,249,312
Common stock, shares outstanding	12,880,701	12,696,857
Treasury stock, Class A common stock shares	3,623,278	3,552,455
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 (Loss) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Net revenue	$ 64,810,450	$ 59,574,705	$ 120,530,718	$ 107,786,745
Operating expenses:
Operating expenses	53,626,592	48,494,420	103,636,141	91,462,291
Corporate expenses	4,567,470	3,957,854	8,800,930	7,863,143
Depreciation and amortization	2,451,102	2,850,923	4,967,002	5,802,824
Impairment losses	8,619,097	0	10,476,323	0
Gain on disposition			0	(191,988)
Other operating income (expense), net	0	(1,500,000)	0	(400,000)
Total operating expenses	69,264,261	53,803,197	127,880,396	104,536,270
Operating income (loss)	(4,453,811)	5,771,508	(7,349,678)	3,250,475
Non-operating income (expense):
Interest expense	(6,823,217)	(6,865,369)	(13,672,254)	(12,643,440)
Loss on extinguishment of long-term debt			0	(4,996,731)
Other income, net	190,210	8,080	191,082	46,493
Loss before income taxes	(11,086,818)	(1,085,781)	(20,830,850)	(14,343,203)
Income tax expense (benefit)	3,554,469	(1,299,394)	(2,621,977)	(3,902,280)
Income (loss) before equity in earnings of unconsolidated affiliates	(14,641,287)	213,613	(18,208,873)	(10,440,923)
Equity in earnings of unconsolidated affiliates, net of tax	186,570	(25,919)	163,226	(56,024)
Net income (loss)	(14,454,717)	187,694	(18,045,647)	(10,496,947)
Earnings attributable to noncontrolling interest			0	129,249
Net income (loss) attributable to BBGI stockholders	$ (14,454,717)	$ 187,694	$ (18,045,647)	$ (10,367,698)
Net loss attributable to BBGI stockholders per Class A and Class B common share:
Basic and diluted	$ (0.49)	$ 0.01	$ (0.61)	$ (0.35)
Basic and diluted	$ (0.49)	$ 0.01	$ (0.61)	$ (0.35)
Weighted average shares outstanding:
Basic	29,418,951	29,235,009	29,395,003	29,268,717
Diluted	29,418,951	29,324,614	29,395,003	29,268,717

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Stock-based compensation			$ 606,080	$ 923,000
Station Operating Expenses [Member]
Stock-based compensation	$ 75,368	$ 176,349	153,591	247,280
Corporate General and Administrative Expenses [Member]
Stock-based compensation	$ 303,462	$ 225,850	$ 452,489	$ 675,720

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net loss	$ (18,045,647)	$ (10,496,947)
Adjustments to reconcile net loss to net cash provided by operating activities:
Stock-based compensation	606,080	923,000
Provision for bad debts	588,751	(1,779,188)
Depreciation and amortization	4,967,002	5,802,824
Impairment losses	10,476,323	0
Gain on disposition	0	(191,988)
Amortization of loan fees	754,085	791,574
Loss on extinguishment of long-term debt	0	4,996,731
Deferred income taxes	(2,747,810)	(3,902,280)
Equity in earnings of unconsolidated affiliates	(163,226)	56,024
Change in operating assets and liabilities:
Accounts receivable	7,160,917	4,835,493
Prepaid expenses	(2,286,447)	(2,320,101)
Other assets	(2,176,152)	(1,684,017)
Accounts payable	2,641,981	(5,837,685)
Other liabilities	5,003,953	13,446,861
Other operating activities	(28,264)	208,725
Net cash provided by operating activities	6,751,546	4,849,026
Cash flows from investing activities:
Payment for acquisition	(2,000,000)	0
Capital expenditures	(6,486,902)	(2,553,787)
Proceeds from dispositions	1,185,312	362,500
Net cash used in investing activities	(7,301,590)	(2,191,287)
Cash flows from financing activities:
Issuance of debt	0	310,000,000
Payments on debt	(4,802,500)	(268,500,000)
Payment of debt issuance costs	0	(7,604,215)
Reduction of finance lease liabilities	(1,945)	(35,086)
Purchase of treasury stock	(105,707)	(136,779)
Net cash provided by (used in) financing activities	(4,910,152)	33,723,920
Net increase (decrease) in cash and cash equivalents	(5,460,196)	36,381,659
Cash and cash equivalents at beginning of period	51,378,642	20,759,432
Cash and cash equivalents at end of period	45,918,446	57,141,091
Cash paid for interest	12,921,869	1,837,493
Cash paid for income taxes	1,546,500	1,526,303
Supplemental disclosure of non-cash investing and financing activities:
Acquisition of noncontrolling interest	0	4,490,130
Extinguishment of trade sales payable	0	934,500
Class A Common Stock [Member]
Supplemental disclosure of non-cash investing and financing activities:
Class A common stock returned to treasury stock	$ 0	$ 670,594

Interim Financial Statements

Interim Financial Statements	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Interim Financial Statements	(1) Interim Financial Statements The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated financial statements of Beasley Broadcast Group, Inc. and its subsidiaries (the “Company”) included in the Company’s Annual Report on Form 10-K 10-Q S-X.

Acquisitions and Dispositions

Acquisitions and Dispositions	6 Months Ended
	Jun. 30, 2022
Business Combinations [Abstract]
Acquisitions and Dispositions	(2) Acquisitions and Dispositions On June 22, 2022, the Company completed the acquisition of Guarantee Digital, LLC, a digital marketing agency, for $2.0 million in cash. The Company is currently determining whether the acquisition should be recorded as a business combination or an asset acquisition and has temporarily recorded the purchase price in other intangibles, net in the accompanying balance sheet as of June 30, 2022. The purchase price allocation is expected to be completed during the third quarter of 2022. On April 1, 2022, the Company completed the sale of substantially all of the assets used in the operations of WWNN-AM

FCC Licenses

FCC Licenses	6 Months Ended
	Jun. 30, 2022
Text Block [Abstract]
FCC Licenses	(3) FCC Licenses Changes in the carrying amount of FCC licenses for the six months ended June 30, 2022 are as follows: Balance as of January 1, 2022 $ 508,413,913 Radio station disposition (see Note 2) (790,232 ) Impairment losses (see below and also Note 2) (4,619,772 ) Balance as of June 30, 2022 $ 503,003,909 FCC licenses are tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the FCC licenses might be impaired. The Company assesses qualitative factors to determine whether it is more likely than not that its FCC licenses are impaired. If the Company determines it is more likely than not that its FCC licenses are impaired, then the Company is required to perform the quantitative impairment test. The quantitative impairment test compares the fair value of the FCC licenses with the carrying amounts of such licenses. If the carrying amounts of the FCC licenses exceed the fair value, an impairment loss is recognized in an amount equal to that excess. For the purpose of testing FCC licenses for impairment, the Company combines its licenses into reporting units based on its market clusters. Due to an increase in interest rates in the U.S. economy, the Company tested its FCC licenses for impairment during the second quarter of 2022. As a result of the quantitative impairment test performed as of June 30, 2022, the Company recorded impairment losses of $2.8 million related to the FCC licenses in its Fort Myers-Naples, FL, Las Vegas, NV, and Wilmington, DE market clusters. The impairment losses were primarily due to an increase in the discount rate used in the discounted cash flow analyses to estimate the fair value of the FCC licenses due to certain risks associated with the U.S. economy. The fair values of the FCC licenses in the Fort Myers-Naples, FL, Las Vegas, NV, and Wilmington, DE market clusters were estimated using an income approach. The income approach is based upon discounted cash flow analyses incorporating variables such as projected radio market revenues, projected growth rate for radio market revenues, projected radio market revenue shares, projected radio station operating income margins, and a discount rate appropriate for the radio broadcasting industry. The key assumptions used in the discounted cash flow analyses are as follows: Revenue growth rates (1.9) % - Market revenue shares at maturity 0.6% - 44.0% Operating income margins at maturity 19.2 % - Discount rate 9.5%

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	(4) Goodwill Changes in the carrying amount of goodwill for the six months ended June 30, 2022 are as follows: Balance as of January 1, 2022 $ 28,596,547 Impairment losses (5,856,551 ) Balance as of June 30, 2022 $ 22,739,996 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 necessary to perform a quantitative assessment for each reporting unit. If the quantitative assessment is necessary, the Company will determine the fair value of each reporting unit. If the fair value of any reporting unit is less than the carrying amount, the Company will recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized will not exceed the total amount of goodwill allocated to the reporting unit. For the purpose of testing goodwill for impairment, the Company has identified its radio market clusters and esports as its reporting units. Due to an increase in interest rates in the U.S. economy, the Company tested its goodwill for impairment during the second quarter of 2022. As a result of the quantitative impairment test performed as of June 30, 2022, the Company recorded impairment losses of $5.9 million related to the goodwill in its Boston, MA, Charlotte, NC, Fayetteville, NC, Fort Myers-Naples, FL and Tampa-Saint Petersburg, FL market clusters. The impairment losses were primarily due to an increase in the discount rate used in the discounted cash flow analyses to estimate the fair value of goodwill due to certain risks associated with the U.S. economy. The fair values of the goodwill in the Boston, MA, Charlotte, NC, Fayetteville, NC, Fort Myers-Naples, FL and Tampa-Saint Petersburg, FL market clusters was estimated using an income approach. The income approach is based upon discounted cash flow analyses incorporating variables such as projected radio market revenues, projected growth rate for radio market revenues, projected radio market revenue shares, projected radio station operating income margins, and a discount rate appropriate for the radio broadcasting industry. The key assumptions used in the discounted cash flow analyses are as follows: Revenue growth rates (1.9)% - 11.1% Operating income margins 5.4% - 29.8% Discount rate 9.5%

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt	(5) Long-Term Debt Long-term debt is comprised of the following: December 31, June 30, 2022 Secured notes $ 300,000,000 $ 295,000,000 Less unamortized debt issuance costs (6,210,108 ) (5,358,858 ) 293,789,892 289,641,142 Less current installments — (2,000,000 ) $ 293,789,892 $ 287,641,142 On February 2, 2021, the Company issued $300.0 million aggregate principal amount of 8.625% senior secured notes due on February 1, 2026 (the “Notes”) under an indenture dated February 2, 2021 (the “Indenture”). Interest on the Notes accrues at the rate of 8.625 liens; enter into agreements restricting certain subsidiaries’ ability to pay dividends or make other intercompany transfers; consolidate, merge, sell or otherwise dispose of all or substantially all of its assets; enter into transactions with affiliates; prepay certain kinds of indebtedness; and issue or sell stock of its subsidiaries. Prior to February 1, 2025, the Company will be subject to certain premiums, as defined in the Indenture, for optional or mandatory (upon certain contingent events) redemption of some or all of the Notes. In April 2022, the Company repurchased $5.0 million aggregate principal amount of the Notes for an aggregate price equal to 96% of the principal amount. As a result of the repurchase, the Company recorded an aggregate gain on repurchase of long-term debt of $0.1 million during the second quarter of 2022. In July 2022, the Company repurchased $2.0 million principal amount of the Notes for a price equal to 75% of the principal amount. As a result of the repurchase, the Company recorded a gain on repurchase of long-term debt of $0.5 million during the third quarter of 2022.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Stockholders' Equity	(6) Stockholders’ Equity The changes in stockholders’ equity for the three and six months ended June 30, 2021 and 2022 are as follows: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Beginning balance $ 252,739,797 $ 259,689,019 $ 267,101,820 $ 263,082,298 Stock-based compensation 402,199 378,830 923,000 606,080 Acquisition of noncontrolling interest — — (4,490,130 ) — Purchase of treasury stock (22,471 ) (76,108 ) (807,373 ) (105,707 ) Net income (loss) 187,694 (14,454,717 ) (10,496,947 ) (18,045,647 ) Elimination of noncontrolling interest — — 1,076,849 — Ending balance $ 253,307,219 $ 245,537,024 $ 253,307,219 $ 245,537,024

Net Revenue

Net Revenue	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Net Revenue	(7) Net Revenue Net revenue is comprised of the following: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Audio $ 51,215,234 $ 53,417,896 $ 92,944,836 $ 100,783,041 Digital 7,983,343 10,719,410 13,747,071 18,527,660 Other 376,128 673,144 1,094,838 1,220,017 $ 59,574,705 $ 64,810,450 $ 107,786,745 $ 120,530,718 The Company recognizes revenue when it satisfies a performance obligation under a contract with an advertiser. The transaction price is allocated to performance obligations based on executed contracts which represent relative standalone selling prices. Payment is generally due within 30 days, although certain advertisers are required to pay in advance. Revenues are reported at the amount the Company expects to be entitled to receive under the contract. The Company has elected to use the practical expedient to expense sales commissions as incurred. Payments received from advertisers before the performance obligation is satisfied are recorded as deferred revenue in the balance sheet. Substantially all deferred revenue is recognized within twelve months of the payment date. December 31, June 30, Deferred revenue $ 3,085,370 $ 5,112,294 Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Losses on receivables $ 602,253 $ 373,333 $ 1,697,566 $ 660,886 Audio revenue includes revenue from the sale or trade of aired commercial spots to advertisers directly or through national, regional or local advertising agencies. Each commercial spot is considered a performance obligation. Revenue is recognized when the commercial spots have aired. Trade sales are recorded at the estimated fair value of the goods or services received. If commercial spots are aired before the goods or services are received, then a trade sales receivable is recorded. If goods or services are received before the commercial spots are aired, then a trade sales payable is recorded. Other revenue includes revenue from concerts, promotional events, talent fees and other miscellaneous items. Such revenue is generally recognized when the concert, promotional event, or talent services are completed. December 31, June 30, Trade sales receivable $ 881,885 $ 1,087,601 Trade sales payable 614,467 723,239 Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Trade sales revenue $ 1,075,325 $ 1,504,105 $ 2,004,922 $ 2,876,678 Digital revenue includes revenue from the sale of streamed commercial spots, station-owned assets and third-party products. Each streamed commercial spot, station-owned asset and third-party product is considered a performance obligation. Revenue is recognized when the commercial spots have streamed. Station-owned assets are generally scheduled over a period of time and revenue is recognized over time as the digital items are used for advertising content except for streamed commercial spots. Third-party products are generally scheduled over a period of time with an impression target each month. Revenue from the sale of third-party products is recognized over time as the digital items are used for advertising content and impression targets are met each month.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	(8) Stock-Based Compensation The Beasley Broadcast Group, Inc. 2007 Equity Incentive Award Plan (the “2007 Plan”) permits the Company to issue up to 7.5 million shares of Class A common stock. The 2007 Plan allows for eligible employees, directors and certain consultants of the Company to receive restricted stock units, shares of restricted stock, stock options or other stock-based awards. The restricted stock units that have been granted under the 2007 Plan generally vest over one to five years of service. A summary of restricted stock unit activity is presented below: Units Weighted- Grant-Date Unvested as of April 1, 2022 918,816 $ 2.75 Granted 531,582 1.49 Vested (211,333 ) 3.51 Forfeited (30,000 ) 2.47 Unvested as of June 30, 2022 1,209,065 $ 2.07 As of June 30, 2022, there was $1.9 million of total unrecognized compensation cost for restricted stock units granted under the 2007 Plan. That cost is expected to be recognized over a weighted-average period of 2.0 years.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	(9) Income Taxes The Company’s effective tax rate was (120)% and 32% for the three months ended June 30, 2021 and 2022, respectively, and (27)% and (13)% for the six months ended June 30, 2021 and 2022, respectively. These rates differ from the federal statutory rate of 21% due to the effect of state income taxes, certain non-taxable

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings per share	(10) Earnings Per Share Earnings per share calculation information is as follows: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Net income (loss) attributable to BBGI stockholders $ 187,694 $ (14,454,717 ) $ (10,367,698 ) $ (18,045,647 ) Weighted-average shares outstanding: Basic 29,235,009 29,418,951 29,268,717 29,395,003 Effect of dilutive restricted stock units and restricted stock 89,605 — — — Diluted 29,324,614 29,418,951 29,268,717 29,395,003 Net income (loss) attributable to BBGI stockholders per Class A and Class B common share – basic and diluted $ 0.01 $ (0.49 ) $ (0.35 ) $ (0.61 ) The Company excluded the effect of restrictive stock units and restricted stock under the treasury stock method when reporting a net loss as the addition of shares was anti-dilutive. As a result, the Company excluded 136,119 shares for the three months ended June 30, 2022, and 77,908 shares and 171,501 shares for the six months ended June 30, 2021 and 2022, respectively.

Financial Instruments

Financial Instruments	6 Months Ended
	Jun. 30, 2022
Investments, All Other Investments [Abstract]
Financial Instruments	(11) Financial Instruments The carrying amount of the Company’s financial instruments including cash and cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term nature of these financial instruments. The estimated fair value of the Notes, based on available market information, was $295.9 million and $228.6 million as of December 31, 2021 and June 30, 2022, respectively. The Company used Level 2 measurements under the fair value measurement hierarchy to determine the estimated fair value of the Notes.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Information	(12) Segment Information The Company currently operates three operating segments (Audio, Digital, esports) and two reportable segments (Audio, Digital). The identification of segments is consistent with how the segments report to and are managed by the Company’s Chief Executive Officer (the Company’s Chief Operating Decision Maker). The Audio segment generates revenue primarily from the sale of commercial advertising to customers of the Company’s radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, and Wilmington, DE. The Digital segment generates revenue primarily from the sale of digital advertising to customers of the Company’s radio stations and other advertisers throughout the United States. Corporate includes general and administrative expenses and certain other income and expense items not allocated to the operating segments. Non-operating Reportable segment information for the three months ended June 30, 2022 is as follows: Audio Digital Other Corporate Total Net revenue $ 53,417,896 $ 10,719,410 $ 673,144 $ — $ 64,810,450 Operating expenses 43,187,604 9,171,535 1,267,453 — 53,626,592 Corporate expenses — — — 4,567,470 4,567,470 Depreciation and amortization 1,564,338 4,613 700,953 181,198 2,451,102 Impairment losses 8,619,097 — — — 8,619,097 Operating income (loss) $ 46,857 $ 1,543,262 $ (1,295,262 ) $ (4,748,668 ) $ (4,453,811 ) Audio Digital Other Corporate Total Capital expenditures $ 5,039,229 $ 8,982 $ (1,598 ) $ 64,514 $ 5,111,127 Reportable segment information for the three months ended June 30, 2021 is as follows: Audio Digital Other Corporate Total Net revenue $ 51,215,234 $ 7,983,343 $ 376,128 $ — $ 59,574,705 Operating expenses 39,715,005 7,910,418 868,997 — 48,494,420 Corporate expenses — — — 3,957,854 3,957,854 Depreciation and amortization 1,911,236 4,142 796,019 139,526 2,850,923 Other operating income, net — — — (1,500,000 ) (1,500,000 ) Operating income (loss) $ 9,588,993 $ 68,783 $ (1,288,888 ) $ (2,597,380 ) $ 5,771,508 Audio Digital Other Corporate Total Capital expenditures $ 1,276,776 $ 87,432 $ — $ 160,311 $ 1,524,519 Reportable segment information for the six months ended June 30, 2022 is as follows: Audio Digital Other Corporate Total Net revenue $ 100,783,041 $ 18,527,660 $ 1,220,017 $ — $ 120,530,718 Operating expenses 84,050,529 17,573,298 2,012,314 — 103,636,141 Corporate expenses — — — 8,800,930 8,800,930 Depreciation and amortization 3,186,165 9,077 1,396,301 375,459 4,967,002 Impairment losses 10,476,323 — — — 10,476,323 Operating income (loss) $ 3,070,024 $ 945,285 $ (2,188,598 ) $ (9,176,389 ) $ (7,349,678 ) Audio Digital Other Corporate Total Capital expenditures $ 6,221,223 $ 10,826 $ 59,084 $ 206,744 $ 6,497,877 Reportable segment information for the six months ended June 30, 2021 is as follows: Audio Digital Other Corporate Total Net revenue $ 92,944,836 $ 13,747,071 $ 1,094,838 $ — $ 107,786,745 Operating expenses 74,450,474 15,168,333 1,843,484 — 91,462,291 Corporate expenses — — — 7,863,143 7,863,143 Depreciation and amortization 3,915,613 4,142 1,607,922 275,147 5,802,824 Gain on disposition (191,988 ) — — — (191,988 ) Other operating (income) expense, net 500,000 — — (900,000 ) (400,000 ) Operating income (loss) $ 14,270,737 $ (1,425,404 ) $ (2,356,568 ) $ (7,238,290 ) $ 3,250,475 Audio Digital Other Corporate Total Capital expenditures $ 1,989,721 $ 87,432 $ 2,852 $ 473,782 $ 2,553,787 Reportable segment information as of June 30, 2022 is as follows: Audio Digital Other Corporate Total Property and equipment, net $ 48,624,289 $ 76,296 $ 75,224 $ 3,882,252 $ 52,658,061 FCC licenses 503,003,909 — — — 503,003,909 Goodwill 19,520,896 — 3,219,100 — 22,739,996 Other intangibles, net 1,907,547 2,000,000 19,285,987 179,663 23,373,197 Reportable segment information as of December 31, 2021 is as follows: Audio Digital Other Corporate Total Property and equipment, net $ 45,696,008 $ 74,547 $ 21,644 $ 4,050,967 $ 49,843,166 FCC licenses 508,413,913 — — — 508,413,913 Goodwill 25,377,447 — 3,219,100 — 28,596,547 Other intangibles, net 1,974,093 — 20,543,451 179,663 22,697,207

FCC Licenses (Tables)

FCC Licenses (Tables)	6 Months Ended
	Jun. 30, 2022
Text Block [Abstract]
Carrying Amount of Broadcasting Licenses	Changes in the carrying amount of FCC licenses for the six months ended June 30, 2022 are as follows: Balance as of January 1, 2022 $ 508,413,913 Radio station disposition (see Note 2) (790,232 ) Impairment losses (see below and also Note 2) (4,619,772 ) Balance as of June 30, 2022 $ 503,003,909
Discounted Cash Flow Analyses	The key assumptions used in the discounted cash flow analyses are as follows: Revenue growth rates (1.9) % - Market revenue shares at maturity 0.6% - 44.0% Operating income margins at maturity 19.2 % - Discount rate 9.5%

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Carrying Amount of Goodwill	Changes in the carrying amount of goodwill for the six months ended June 30, 2022 are as follows: Balance as of January 1, 2022 $ 28,596,547 Impairment losses (5,856,551 ) Balance as of June 30, 2022 $ 22,739,996
Summary of Key Assumptions Used in the Discounted Cash Flow Analyses	The key assumptions used in the discounted cash flow analyses are as follows: Revenue growth rates (1.9)% - 11.1% Operating income margins 5.4% - 29.8% Discount rate 9.5%

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Summary of Long-Term Debt	Long-term debt is comprised of the following: December 31, June 30, 2022 Secured notes $ 300,000,000 $ 295,000,000 Less unamortized debt issuance costs (6,210,108 ) (5,358,858 ) 293,789,892 289,641,142 Less current installments — (2,000,000 ) $ 293,789,892 $ 287,641,142

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Changes in Stockholders Equity	The changes in stockholders’ equity for the three and six months ended June 30, 2021 and 2022 are as follows: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Beginning balance $ 252,739,797 $ 259,689,019 $ 267,101,820 $ 263,082,298 Stock-based compensation 402,199 378,830 923,000 606,080 Acquisition of noncontrolling interest — — (4,490,130 ) — Purchase of treasury stock (22,471 ) (76,108 ) (807,373 ) (105,707 ) Net income (loss) 187,694 (14,454,717 ) (10,496,947 ) (18,045,647 ) Elimination of noncontrolling interest — — 1,076,849 — Ending balance $ 253,307,219 $ 245,537,024 $ 253,307,219 $ 245,537,024

Net Revenue (Tables)

Net Revenue (Tables)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Composition of Revenue	Net revenue is comprised of the following: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Audio $ 51,215,234 $ 53,417,896 $ 92,944,836 $ 100,783,041 Digital 7,983,343 10,719,410 13,747,071 18,527,660 Other 376,128 673,144 1,094,838 1,220,017 $ 59,574,705 $ 64,810,450 $ 107,786,745 $ 120,530,718
Deferred Revenue	December 31, June 30, Deferred revenue $ 3,085,370 $ 5,112,294 Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Losses on receivables $ 602,253 $ 373,333 $ 1,697,566 $ 660,886
Trade Sale Revenue	December 31, June 30, Trade sales receivable $ 881,885 $ 1,087,601 Trade sales payable 614,467 723,239 Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Trade sales revenue $ 1,075,325 $ 1,504,105 $ 2,004,922 $ 2,876,678

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Restricted Stock Units and Restricted Stock Activity	A summary of restricted stock unit activity is presented below: Units Weighted- Grant-Date Unvested as of April 1, 2022 918,816 $ 2.75 Granted 531,582 1.49 Vested (211,333 ) 3.51 Forfeited (30,000 ) 2.47 Unvested as of June 30, 2022 1,209,065 $ 2.07

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Net Income Per Share	Earnings per share calculation information is as follows: Three months ended June 30, Six months ended June 30, 2021 2022 2021 2022 Net income (loss) attributable to BBGI stockholders $ 187,694 $ (14,454,717 ) $ (10,367,698 ) $ (18,045,647 ) Weighted-average shares outstanding: Basic 29,235,009 29,418,951 29,268,717 29,395,003 Effect of dilutive restricted stock units and restricted stock 89,605 — — — Diluted 29,324,614 29,418,951 29,268,717 29,395,003 Net income (loss) attributable to BBGI stockholders per Class A and Class B common share – basic and diluted $ 0.01 $ (0.49 ) $ (0.35 ) $ (0.61 ) The Company excluded the effect of restrictive stock units and restricted stock under the treasury stock method when reporting a net loss as the addition of shares was anti-dilutive. As a result, the Company excluded 136,119 shares for the three months ended June 30, 2022, and 77,908 shares and 171,501 shares for the six months ended June 30, 2021 and 2022, respectively.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Summary of reportable segment information	Reportable segment information for the three months ended June 30, 2022 is as follows: Audio Digital Other Corporate Total Net revenue $ 53,417,896 $ 10,719,410 $ 673,144 $ — $ 64,810,450 Operating expenses 43,187,604 9,171,535 1,267,453 — 53,626,592 Corporate expenses — — — 4,567,470 4,567,470 Depreciation and amortization 1,564,338 4,613 700,953 181,198 2,451,102 Impairment losses 8,619,097 — — — 8,619,097 Operating income (loss) $ 46,857 $ 1,543,262 $ (1,295,262 ) $ (4,748,668 ) $ (4,453,811 ) Audio Digital Other Corporate Total Capital expenditures $ 5,039,229 $ 8,982 $ (1,598 ) $ 64,514 $ 5,111,127 Reportable segment information for the three months ended June 30, 2021 is as follows: Audio Digital Other Corporate Total Net revenue $ 51,215,234 $ 7,983,343 $ 376,128 $ — $ 59,574,705 Operating expenses 39,715,005 7,910,418 868,997 — 48,494,420 Corporate expenses — — — 3,957,854 3,957,854 Depreciation and amortization 1,911,236 4,142 796,019 139,526 2,850,923 Other operating income, net — — — (1,500,000 ) (1,500,000 ) Operating income (loss) $ 9,588,993 $ 68,783 $ (1,288,888 ) $ (2,597,380 ) $ 5,771,508 Audio Digital Other Corporate Total Capital expenditures $ 1,276,776 $ 87,432 $ — $ 160,311 $ 1,524,519 Reportable segment information for the six months ended June 30, 2022 is as follows: Audio Digital Other Corporate Total Net revenue $ 100,783,041 $ 18,527,660 $ 1,220,017 $ — $ 120,530,718 Operating expenses 84,050,529 17,573,298 2,012,314 — 103,636,141 Corporate expenses — — — 8,800,930 8,800,930 Depreciation and amortization 3,186,165 9,077 1,396,301 375,459 4,967,002 Impairment losses 10,476,323 — — — 10,476,323 Operating income (loss) $ 3,070,024 $ 945,285 $ (2,188,598 ) $ (9,176,389 ) $ (7,349,678 ) Audio Digital Other Corporate Total Capital expenditures $ 6,221,223 $ 10,826 $ 59,084 $ 206,744 $ 6,497,877 Reportable segment information for the six months ended June 30, 2021 is as follows: Audio Digital Other Corporate Total Net revenue $ 92,944,836 $ 13,747,071 $ 1,094,838 $ — $ 107,786,745 Operating expenses 74,450,474 15,168,333 1,843,484 — 91,462,291 Corporate expenses — — — 7,863,143 7,863,143 Depreciation and amortization 3,915,613 4,142 1,607,922 275,147 5,802,824 Gain on disposition (191,988 ) — — — (191,988 ) Other operating (income) expense, net 500,000 — — (900,000 ) (400,000 ) Operating income (loss) $ 14,270,737 $ (1,425,404 ) $ (2,356,568 ) $ (7,238,290 ) $ 3,250,475 Audio Digital Other Corporate Total Capital expenditures $ 1,989,721 $ 87,432 $ 2,852 $ 473,782 $ 2,553,787 Reportable segment information as of June 30, 2022 is as follows: Audio Digital Other Corporate Total Property and equipment, net $ 48,624,289 $ 76,296 $ 75,224 $ 3,882,252 $ 52,658,061 FCC licenses 503,003,909 — — — 503,003,909 Goodwill 19,520,896 — 3,219,100 — 22,739,996 Other intangibles, net 1,907,547 2,000,000 19,285,987 179,663 23,373,197 Reportable segment information as of December 31, 2021 is as follows: Audio Digital Other Corporate Total Property and equipment, net $ 45,696,008 $ 74,547 $ 21,644 $ 4,050,967 $ 49,843,166 FCC licenses 508,413,913 — — — 508,413,913 Goodwill 25,377,447 — 3,219,100 — 28,596,547 Other intangibles, net 1,974,093 — 20,543,451 179,663 22,697,207

Acquisitions and Dispositions -

Acquisitions and Dispositions - Additional Information (Detail) - USD ($)		1 Months Ended	3 Months Ended	6 Months Ended
	Jun. 22, 2022	Apr. 30, 2022	Mar. 31, 2022	Jun. 30, 2022	Jun. 30, 2021
Business Acquisition [Line Items]
Payment to acquire business gross				$ 2,000,000	$ 0
Proceeds from dispositions				1,185,312	$ 362,500
Loss on disposition			$ 1.9	$ 4,619,772
West Palm Beach Boca Raton [Member] | WWNNAM [Member]
Business Acquisition [Line Items]
Proceeds from dispositions		$ 1.25
Guarantee Digital LLC [Member]
Business Acquisition [Line Items]
Payment to acquire business gross	$ 2

FCC Licenses - Carrying Amount

FCC Licenses - Carrying Amount of Broadcasting Licenses (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2022	Jun. 30, 2022
FCC Licenses [Line Items]
Beginning Balance	$ 508,413,913	$ 508,413,913
Radio station disposition (see Note 2)		(790,232)
Impairment losses	$ (1.9)	(4,619,772)
Ending Balance		$ 503,003,909

FCC Licenses - Discounted Cash

FCC Licenses - Discounted Cash Flow Analyses (Detail)	6 Months Ended
	Jun. 30, 2022
Measurement Input, Discount Rate [Member]
Fair Value Inputs Asset Quantitative Information [Line Items]
Fair value assumptions inputs rate	9.50%
Minimum [Member]
Fair Value Inputs Asset Quantitative Information [Line Items]
Market revenue shares at maturity	0.60%
Operating income margins at maturity	19.20%
Minimum [Member] | Measurement Input, Long-term Revenue Growth Rate [Member]
Fair Value Inputs Asset Quantitative Information [Line Items]
Fair value assumptions inputs rate	(1.90%)
Maximum [Member]
Fair Value Inputs Asset Quantitative Information [Line Items]
Market revenue shares at maturity	44%
Operating income margins at maturity	32.60%
Maximum [Member] | Measurement Input, Long-term Revenue Growth Rate [Member]
Fair Value Inputs Asset Quantitative Information [Line Items]
Fair value assumptions inputs rate	15.90%

FCC Licenses - Additional Infor

FCC Licenses - Additional Information (Detail) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2022	Jun. 30, 2022
FCC Licenses [Line Items]
Impairment of intangible assets indefinite lived excluding goodwill	$ 1.9	$ 4,619,772
Fort Mayers Naples FL Lasvegas LV and Wilmington [Member] | Licensing Agreements [Member]
FCC Licenses [Line Items]
Impairment of intangible assets indefinite lived excluding goodwill		$ 2,800,000

Goodwill - Additional Informati

Goodwill - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 5,856,551

Goodwill - Summary of Carrying

Goodwill - Summary of Carrying Amount of Goodwill (Detail)	6 Months Ended
	Jun. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Beginning Balance	$ 28,596,547
Impairment losses	(5,856,551)
Ending Balance	$ 22,739,996

Goodwill - Summary of Key Assum

Goodwill - Summary of Key Assumptions Used in the Discounted Cash Flow Analyses (Detail)	6 Months Ended
	Jun. 30, 2022
Minimum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Operating income margins	19.20%
Maximum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Operating income margins	32.60%
Measurement Input, Long-term Revenue Growth Rate [Member] | Minimum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	(1.90%)
Measurement Input, Long-term Revenue Growth Rate [Member] | Maximum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	15.90%
Measurement Input, Discount Rate [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	9.50%
Goodwill [Member] | Minimum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Operating income margins	5.40%
Goodwill [Member] | Maximum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Operating income margins	29.80%
Goodwill [Member] | Measurement Input, Long-term Revenue Growth Rate [Member] | Minimum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	(1.90%)
Goodwill [Member] | Measurement Input, Long-term Revenue Growth Rate [Member] | Maximum [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	11.10%
Goodwill [Member] | Measurement Input, Discount Rate [Member]
Disclosure in tabular form of assumptions used in determination of fair value of goodwill [Line Items]
Revenue growth rates	9.50%

Long-Term Debt - Summary of Lon

Long-Term Debt - Summary of Long-Term Debt (Detail) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Line of Credit Facility [Line Items]
Less unamortized debt issuance costs	$ (5,358,858)	$ (6,210,108)
Long-term debt	289,641,142	293,789,892
Less current installments	(2,000,000)	0
Long-term debt, net of current portion	287,641,142	293,789,892
Secured Notes [Member]
Line of Credit Facility [Line Items]
Secured notes	$ 295,000,000	$ 300,000,000

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($)	1 Months Ended		6 Months Ended
	Jul. 31, 2022	Apr. 30, 2022	Jun. 30, 2022	Jun. 30, 2021	Feb. 02, 2021
Long-Term Debt [Line Items]
Gain (Loss) on Extinguishment of Debt			$ 0	$ (4,996,731)
Promissory Note [Member]
Long-Term Debt [Line Items]
Debt Instrument Redemption Amount	$ 2,000,000	$ 5,000,000
Debt instrument redeemed Percentage	75%	96%
New Promissory Note [Member]
Long-Term Debt [Line Items]
Gain (Loss) on Extinguishment of Debt	$ 500,000	$ 100,000
8.625% senior secured notes due on February 1, 2026
Long-Term Debt [Line Items]
Debt Instrument, Interest Rate, Stated Percentage					8.625%
Debt instrument face value					$ 300,000,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Changes in Stockholders Equity (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Beginning balance	$ 259,689,019	$ 252,739,797	$ 263,082,298	$ 267,101,820
Stock-based compensation	378,830	402,199	606,080	923,000
Acquisition of noncontrolling interest	0	0	0	(4,490,130)
Purchase of treasury stock	(76,108)	(22,471)	(105,707)	(807,373)
Net income (loss)	(14,454,717)	187,694	(18,045,647)	(10,496,947)
Elimination of noncontrolling interest	0	0	0	1,076,849
Ending balance	$ 245,537,024	$ 253,307,219	$ 245,537,024	$ 253,307,219

Net Revenue - Composition of Re

Net Revenue - Composition of Revenue (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Net revenue	$ 64,810,450	$ 59,574,705	$ 120,530,718	$ 107,786,745
Audio [Member]
Disaggregation of Revenue [Line Items]
Net revenue	53,417,896	51,215,234	100,783,041	92,944,836
Digital [Member]
Disaggregation of Revenue [Line Items]
Net revenue	10,719,410	7,983,343	18,527,660	13,747,071
Other [Member]
Disaggregation of Revenue [Line Items]
Net revenue	$ 673,144	$ 376,128	$ 1,220,017	$ 1,094,838

Net Revenue - Deferred Revenue

Net Revenue - Deferred Revenue (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Deferred revenue	$ 5,112,294		$ 5,112,294		$ 3,085,370
Losses on receivables	$ 373,333	$ 602,253	$ 660,886	$ 1,697,566

Net Revenue - Trade Sale Revenu

Net Revenue - Trade Sale Revenue (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenue from Contract with Customer [Abstract]
Trade sales receivable	$ 1,087,601		$ 1,087,601		$ 881,885
Trade sales payable	723,239		723,239		$ 614,467
Trade sales revenue	$ 1,504,105	$ 1,075,325	$ 2,876,678	$ 2,004,922

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - 2007 Plan [Member] $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost for restricted stock granted | $	$ 1.9
Cost expected to be recognized over a weighted-average period	2 years
Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized | shares	7.5

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Units and Restricted Stock Activity (Detail) - 2007 Plan [Member] - Restricted Stock Units (RSUs) [Member]	3 Months Ended
	Jun. 30, 2022 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested Shares, Beginning Balance | shares	918,816
Granted, Shares | shares	531,582
Vested, Shares | shares	(211,333)
Forfeited, Shares | shares	(30,000)
Unvested Shares, Ending Balance | shares	1,209,065
Unvested, Weighted-Average Grant-Date Fair Value, Beginning Balance | $ / shares	$ 2.75
Granted, Weighted-Average Grant-Date Fair Value | $ / shares	1.49
Vested, Weighted-Average Grant-Date Fair Value | $ / shares	3.51
Forfeited, Weighted-Average Grant-Date Fair Value | $ / shares	2.47
Unvested, Weighted-Average Grant-Date Fair Value, Ending Balance | $ / shares	$ 2.07

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Federal statutory rate			21%
Effective tax rate	32%	(120.00%)	(13.00%)	(27.00%)

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Net Income Per Share (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income (loss) attributable to BBGI stockholders	$ (14,454,717)	$ 187,694	$ (18,045,647)	$ (10,367,698)
Weighted-average shares outstanding:
Basic	29,418,951	29,235,009	29,395,003	29,268,717
Effect of dilutive restricted stock units and restricted stock	0	89,605	0	0
Diluted	29,418,951	29,324,614	29,395,003	29,268,717
Net income (loss) per Class A and Class B common share – basic	$ (0.49)	$ 0.01	$ (0.61)	$ (0.35)
Net income (loss) per Class A and Class B common share – diluted	$ (0.49)	$ 0.01	$ (0.61)	$ (0.35)

Earnings Per Share - Additional

Earnings Per Share - Additional information (Detail) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021
Share-based Payment Arrangement [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from the computation of earnings per share	136,119	171,501	77,908

Financial Instruments - Additio

Financial Instruments - Additional Information (Detail) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Inputs, Level 2 [Member]
Fair Value Of Financial Instruments [Line Items]
Long-term debt	$ 228.6	$ 295.9

Segment Information - Summary o

Segment Information - Summary of Reportable Segment Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Net revenue	$ 64,810,450	$ 59,574,705	$ 120,530,718	$ 107,786,745
Operating expenses	53,626,592	48,494,420	103,636,141	91,462,291
Corporate expenses	4,567,470	3,957,854	8,800,930	7,863,143
Depreciation and amortization	2,451,102	2,850,923	4,967,002	5,802,824
Gain on disposition			0	(191,988)
Other operating (income) expense, net	0	(1,500,000)	0	(400,000)
Operating income (loss)	(4,453,811)	5,771,508	(7,349,678)	3,250,475
Capital expenditures	5,111,127	1,524,519	6,497,877	2,553,787
Property and equipment, net	52,658,061		52,658,061		$ 49,843,166
FCC licenses	503,003,909		503,003,909		508,413,913
Goodwill	22,739,996		22,739,996		28,596,547
Other intangibles, net	23,373,197		23,373,197		22,697,207
Impairment losses	8,619,097	0	10,476,323	0
Audio [Member]
Segment Reporting Information [Line Items]
Net revenue	53,417,896	51,215,234	100,783,041	92,944,836
Operating expenses	43,187,604	39,715,005	84,050,529	74,450,474
Depreciation and amortization	1,564,338	1,911,236	3,186,165	3,915,613
Gain on disposition				(191,988)
Other operating (income) expense, net				500,000
Operating income (loss)	46,857	9,588,993	3,070,024	14,270,737
Capital expenditures	5,039,229	1,276,776	6,221,223	1,989,721
Property and equipment, net	48,624,289		48,624,289		45,696,008
FCC licenses	503,003,909		503,003,909		508,413,913
Goodwill	19,520,896		19,520,896		25,377,447
Other intangibles, net	1,907,547		1,907,547		1,974,093
Impairment losses	8,619,097		10,476,323
Digital [Member]
Segment Reporting Information [Line Items]
Net revenue	10,719,410	7,983,343	18,527,660	13,747,071
Operating expenses	9,171,535	7,910,418	17,573,298	15,168,333
Depreciation and amortization	4,613	4,142	9,077	4,142
Operating income (loss)	1,543,262	68,783	945,285	(1,425,404)
Capital expenditures	8,982	87,432	10,826	87,432
Property and equipment, net	76,296		76,296		74,547
Other intangibles, net	2,000,000		2,000,000
Other [Member]
Segment Reporting Information [Line Items]
Net revenue	673,144	376,128	1,220,017	1,094,838
Operating expenses	1,267,453	868,997	2,012,314	1,843,484
Depreciation and amortization	700,953	796,019	1,396,301	1,607,922
Operating income (loss)	(1,295,262)	(1,288,888)	(2,188,598)	(2,356,568)
Capital expenditures	(1,598)		59,084	2,852
Property and equipment, net	75,224		75,224		21,644
Goodwill	3,219,100		3,219,100		3,219,100
Other intangibles, net	19,285,987		19,285,987		20,543,451
Corporate [Member]
Segment Reporting Information [Line Items]
Corporate expenses	4,567,470	3,957,854	8,800,930	7,863,143
Depreciation and amortization	181,198	139,526	375,459	275,147
Other operating (income) expense, net		(1,500,000)		(900,000)
Operating income (loss)	(4,748,668)	(2,597,380)	(9,176,389)	(7,238,290)
Capital expenditures	64,514	$ 160,311	206,744	$ 473,782
Property and equipment, net	3,882,252		3,882,252		4,050,967
Other intangibles, net	$ 179,663		$ 179,663		$ 179,663