Boston Omaha (BOC) 10-K 29 Mar 21 2020 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2020	Mar. 26, 2021	Jun. 30, 2020
Document Information [Line Items]
Entity Central Index Key	0001494582
Entity Registrant Name	BOSTON OMAHA Corp
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2020
Document Transition Report	false
Entity File Number	001-38113
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	27-0788438
Entity Address, Address Line One	1601 Dodge Street, Suite 3300
Entity Address, City or Town	Omaha
Entity Address, State or Province	NE
Entity Address, Postal Zip Code	68102
City Area Code	857
Local Phone Number	256-0079
Title of 12(b) Security	Class A common stock, $0.001 par value per share
Trading Symbol	BOMN
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 237,457,984
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,055,560
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		26,175,555

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Current Assets:
Cash and cash equivalents	$ 43,543,778	$ 16,028,514
Restricted cash	280,269	343,518
Accounts receivable, net	4,041,563	4,190,543
Interest receivable	286,768	456,827
Short-term investments	7,050,675	6,547,171
Note receivable from affiliate	20,000,000	0
Marketable equity securities	64,036,482	55,907,927
U. S. Treasury securities	37,767,945	75,409,199
Funds held as collateral assets	10,006,075	1,858,161
Prepaid expenses	1,794,155	1,422,637
Total Current Assets	188,807,710	162,164,497
Property and Equipment, net	48,508,272	36,825,019
Other Assets:
Goodwill	124,446,446	106,272,501
Intangible assets, net	44,373,909	32,271,581
Investments	24,234,782	42,638,240
Investments in unconsolidated affiliates	25,315,696	771,805
Deferred policy acquisition costs	690,555	2,349,699
Right of use assets	52,849,492	53,249,985
Other	427,023	364,883
Total Other Assets	272,337,903	237,918,694
Total Assets	509,653,885	436,908,210
Current Liabilities:
Accounts payable and accrued expenses	6,361,778	5,675,096
Short-term payables for business acquisitions	771,916	416,166
Lease liabilities	4,354,664	3,801,727
Funds held as collateral	10,006,075	1,858,161
Unearned premiums	3,955,363	8,035,756
Current maturities of long-term debt	1,282,504	504,170
Deferred revenue	1,915,031	1,390,154
Total Current Liabilities	28,647,331	21,681,230
Long-term Liabilities:
Asset retirement obligations	2,282,273	2,044,705
Lease liabilities	47,581,933	48,199,652
Long-term debt, less current maturities	21,775,146	17,555,830
Other long-term liabilities	116,104	398,750
Deferred tax liability	57,000	57,000
Total Liabilities	100,459,787	89,937,167
Redeemable Noncontrolling interest	6,318,389	1,730,058
Stockholders' Equity:
Preferred stock, $.001 par value, 1,000,000 shares authorized, 0 shares issued and outstanding	0	0
Additional paid-in capital	424,204,641	367,029,421
Accumulated deficit	(21,356,164)	(21,811,947)
Total Stockholders' Equity	402,875,709	345,240,985
Total Liabilities, Redeemable Noncontrolling Interest, and Stockholders' Equity	509,653,885	436,908,210
Common Class A [Member]
Stockholders' Equity:
Common stock	26,176	22,455
Common Class B [Member]
Stockholders' Equity:
Common stock	$ 1,056	$ 1,056

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	38,838,884	38,838,884
Common stock, shares issued (in shares)	26,175,555	22,455,100
Common stock, shares outstanding (in shares)	26,175,555	22,455,100
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	1,161,116	1,161,116
Common stock, shares issued (in shares)	1,055,560	1,055,560
Common stock, shares outstanding (in shares)	1,055,560	1,055,560

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenues:
Premiums earned	$ 11,723,886	$ 10,944,313
Insurance commissions	1,494,379	1,567,331
Investment and other income	427,697	448,327
Total Revenues	45,743,463	41,389,138
Costs and Expenses:
Cost of insurance revenues (exclusive of depreciation and amortization)	6,690,203	6,290,218
Employee costs	13,041,388	11,945,895
Professional fees	3,530,278	3,664,370
General and administrative	6,283,582	6,346,698
Amortization	3,987,003	10,471,973
Depreciation	3,704,700	3,102,168
Loss on disposition of assets	199,555	223,890
Bad debt expense	373,649	299,881
Accretion	140,704	134,992
Total Costs and Expenses	49,769,517	53,801,234
Net Loss from Operations	(4,026,054)	(12,412,096)
Other Income (Expense):
Interest income	1,661,680	3,198,527
Dividend income	1,074,539	710,169
Equity in income of unconsolidated affiliates	5,187,159	479,366
Unrealized (loss) gain on securities	(8,260,941)	6,273,337
Gain on disposition of investments	5,701,909	572,181
Interest expense	(841,828)	(302,749)
Net Income (Loss) Before Income Taxes	496,464	(1,481,265)
Income Tax (Provision) Benefit	0	0
Net Income (Loss)	496,464	(1,481,265)
Noncontrolling interest in subsidiary income	(40,681)	(5,658)
Net Income (Loss) Attributable to Common Stockholders	$ 455,783	$ (1,486,923)
Basic and Diluted Net Income (Loss) per Share (in dollars per share)	$ 0.02	$ (0.07)
Basic and Diluted Weighted Average Class A and Class B Common Shares Outstanding (in shares)	25,738,225	22,778,405
Billboard Rentals [Member]
Revenues:
Revenues	$ 28,260,964	$ 28,429,167
Costs and Expenses:
Cost of revenues (exclusive of depreciation and amortization)	11,272,349	11,321,149
Broadband Services [Member]
Revenues:
Revenues	3,836,537	0
Costs and Expenses:
Cost of revenues (exclusive of depreciation and amortization)	$ 546,106	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2018	21,029,324	1,055,560
Balance at Dec. 31, 2018	$ 21,029	$ 1,056	$ 335,518,323	$ (20,325,024)	$ 315,215,384
Stock issued for cash (in shares)	1,391,103	0
Stock issued for cash	$ 1,391	$ 0	32,203,341	0	32,204,732
Stock issued for business acquisition (in shares)	34,673	0
Stock issued for business acquisition	$ 35	$ 0	710,068		710,103
Increase (decrease) in redeemable noncontrolling interest	0	0	(378,821)	0	(378,821)
Offering costs	0	0	(1,023,490)	0	(1,023,490)
Net income (loss) attributable to common stockholders	$ 0	$ 0	0	(1,486,923)	(1,486,923)
Balance (in shares) at Dec. 31, 2019	22,455,100	1,055,560
Balance at Dec. 31, 2019	$ 22,455	$ 1,056	367,029,421	(21,811,947)	345,240,985
Stock issued for cash (in shares)	3,720,455	0
Stock issued for cash	$ 3,721	$ 0	59,546,030	0	59,549,751
Increase (decrease) in redeemable noncontrolling interest	0	0	434,281	0	434,281
Offering costs	0	0	(3,428,355)	0	(3,428,355)
Net income (loss) attributable to common stockholders	0	0	0	455,783	455,783
Decrease in redeemable noncontrolling interest due to redemption	0	0	323,649	0	323,649
Contributions from noncontrolling interest	$ 0	$ 0	299,615	0	299,615
Balance (in shares) at Dec. 31, 2020	26,175,555	1,055,560
Balance at Dec. 31, 2020	$ 26,176	$ 1,056	$ 424,204,641	$ (21,356,164)	$ 402,875,709

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Cash Flows from Operating Activities:
Net Income (Loss)	$ 496,464	$ (1,481,265)
Adjustments to reconcile net income (loss) to cash provided by operating activities:
Amortization of right of use assets	3,972,875	3,621,195
Depreciation, amortization, and accretion	7,832,407	13,709,133
Loss on disposition of assets	199,555	223,890
Bad debt expense	373,649	299,881
Equity in earnings of unconsolidated affiliates	(5,187,159)	(479,366)
Unrealized losses (gains) on securities	8,260,941	(6,273,337)
Gain on disposition of investments	(5,701,909)	(572,181)
Changes in operating assets and liabilities:
Accounts receivable	(23,669)	(25,980)
Interest receivable	170,059	(423,275)
Prepaid expenses	(353,930)	(593,537)
Distributions from unconsolidated affiliates	1,433,480	541,108
Deferred policy acquisition costs	1,659,144	(937,451)
Other assets	(24,790)	(89,651)
Accounts payable and accrued expenses	276,806	1,988,287
Lease liabilities	(3,855,126)	(3,408,812)
Unearned premiums	(4,080,393)	3,100,446
Deferred revenue	124,877	414,464
Net Cash Provided by Operating Activities	5,573,281	9,613,549
Cash Flows from Investing Activities:
Payments on short-term payables for business acquisitions	(500)	(1,964,990)
Proceeds from disposition of assets	0	44,275
Business acquisitions, net of cash acquired	(33,624,202)	(7,473,891)
Purchase of Yellowstone warrants	(7,719,779)	0
Purchase of preferred units	0	(12,000,000)
Redemption of preferred units	12,000,000	0
Investment in unconsolidated affiliates	(5,715,625)	(264,834)
Purchases of equipment and related assets	(8,573,296)	(2,812,228)
Issuance of note receivable from affiliate	(20,000,000)	0
Proceeds from sales of investments	513,815,641	1,153,720,175
Purchase of investments	(488,315,757)	(1,189,875,105)
Net Cash Used in Investing Activities	(38,133,518)	(60,626,598)
Cash Flows from Financing Activities:
Proceeds from issuance of stock	59,549,751	32,204,732
Contributions from non-controlling interest	299,615	0
Purchase of non-controlling interest in subsidiary	(1,406,409)	0
Proceeds from long-term debt	5,500,000	18,060,000
Principal payments of long-term debt	(502,350)	0
Offering costs	(3,428,355)	(1,023,490)
Net Cash Provided by Financing Activities	60,012,252	49,241,242
Net Increase (Decrease) in Cash, Cash Equivalents, and Restricted Cash	27,452,015	(1,771,807)
Cash, Cash Equivalents, and Restricted Cash, Beginning of Year	16,372,032	18,143,839
Cash, Cash Equivalents, and Restricted Cash, End of Year	43,824,047	16,372,032
Interest Paid in Cash	823,715	236,654
Income Taxes Paid in Cash	0	0
Supplemental Schedules of Non-cash Investing and Financing Activities
Payable as consideration for business acquisition	0	779,296
Asset retirement obligations	0	85,294
Class A common stock issued for business acquisition	0	710,103
Increase (decrease) in redeemable noncontrolling interest of subsidiary	$ (757,930)	$ 378,821

Note 1 - Organization and Backg

Note 1 - Organization and Background	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	NOTE 1. ORGANIZATION AND BACKGROUND Boston Omaha was organized on August 11, 2009 February 2015. We completed an acquisition of an outdoor advertising business and entered the outdoor advertising industry on June 19, 2015. 2015 2020, seventeen On April 20, 2016, December 7, 2016, July November 2017 two third first 2020, third On March 10, 2020, December 29, 2020, second

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Significant Accounting Policies [Text Block]	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Consolidation Policy The financial statements of Boston Omaha Corporation include the accounts of the Company and its wholly-owned and majority-owned subsidiaries, as follows: Link Media Holdings, LLC which we refer to as “LMH” Link Media Alabama, LLC which we refer to as “LMA” Link Media Florida, LLC which we refer to as “LMF” Link Media Wisconsin, LLC which we refer to as “LMW” Link Media Georgia, LLC which we refer to as “LMG” Link Media Midwest, LLC which we refer to as “LMM” Link Media Omaha, LLC which we refer to as “LMO” Link Media Properties, LLC which we refer to as “LMP” Link Media Southeast, LLC which we refer to as “LMSE” Link Media Services, LLC which we refer to as “LMS” General Indemnity Group, LLC which we refer to as “GIG” The Warnock Agency, Inc. which we refer to as “Warnock” United Casualty and Surety Insurance Company which we refer to as “UCS” Surety Support Services, Inc. which we refer to as “SSS” South Coast Surety Insurance Services, LLC which we refer to as “SCS” Boston Omaha Investments, LLC which we refer to as “BOIC” Boston Omaha Asset Management, LLC which we refer to as “BOAM” BOAM BFR LLC which we refer to as "BOAM BFR" BOC DFH, LLC which we refer to as “BOC DFH” BOC OPS LLC which we refer to as "BOC OPS" BOC Yellowstone LLC which we refer to as "BOC Yellowstone" BOC Yellowstone II LLC which we refer to as “BOC Yellowstone II” Fiber is Fast, LLC which we refer to as "FIF" FIF AireBeam LLC, which we refer to as “AireBeam” FIF Utah LLC, which we refer to as “FIF Utah” All significant intercompany profits, losses, transactions and balances have been eliminated in consolidation. Cash and Cash Equivalents For purposes of the statement of cash flows, we consider all highly liquid investments, with the exception of U.S. Treasury securities, purchased with an original maturity of three Restricted Cash We have cash that is restricted for the payment of insurance premiums. Accounts Receivable Billboard Rentals Accounts receivable are recorded at the invoiced amount, net of advertising agency commissions, sales discounts, and allowances for doubtful accounts. We evaluate the collectability of accounts receivable based on our knowledge of our customers and historical experience of bad debts. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations, we record a specific allowance to reduce the amounts recorded to what we believe will be collected. For all other customers, we recognize reserves for bad debt based upon historical experience of bad debts as a percentage of revenue, adjusted for relative improvement or deterioration in its agings and changes in current economic conditions. As of December 31, 2020 2019 Insurance Accounts receivable consists of premiums and anticipated salvage. All of the receivables have payment terms of less than twelve Anticipated salvage is the amount we expect to receive from principals pursuant to indemnification agreements. Broadband Accounts receivable are recorded at the invoiced amount, net of allowances for doubtful accounts. We evaluate the collectability of accounts receivable based on our knowledge of our customers and historical experience of bad debts. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations, we record a specific allowance to reduce the amounts recorded to what we believe will be collected. As of December 31, 2020, Deferred Policy Acquisition Costs Policy acquisition costs consist primarily of commissions to agents and brokers and premium taxes, fees, and assessments. Such costs that are directly related to the successful acquisition of new or renewal insurance contracts are deferred and amortized over the related policy period, generally one three not Property and Equipment Property and equipment are carried at cost less depreciation. Depreciation is provided principally on the straight-line method over the estimated useful lives of the assets, which range from four twenty Years Structures 15 Digital displays and electrical 10 Static and tri-vision displays 10 to 15 Fiber, towers, and broadband equipment 5 to 20 Vehicles, equipment, and furniture 4 to 7 Maintenance and repair costs are charged against income as incurred. Significant improvements or betterments are capitalized and depreciated over the estimated life of the asset. Periodic internal reviews are performed to evaluate the reasonableness of the depreciable lives for property and equipment. Actual usage, physical wear and tear, replacement history, and assumptions about technology evolution are reviewed and evaluated to determine the remaining useful lives of the assets. Remaining useful life assessments are made to anticipate the loss in service value that may Property and equipment is reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not no Acquisitions For transactions that meet the definition of a business combination, we allocate the purchase price, including any contingent consideration, to the assets acquired and the liabilities assumed at their estimated fair values as of the date of the acquisition with any excess of the purchase price paid over the estimated fair value of net assets acquired recorded as goodwill. The determination of the final purchase price and the acquisition-date fair value of identifiable assets acquired and liabilities assumed may one The fair value of the assets acquired and liabilities assumed is typically determined by using either estimates of replacement costs or discounted cash flow valuation methods. When determining the fair value of tangible assets acquired, we must estimate the cost to replace the asset with a new asset, adjusted for an estimated reduction in fair value due to age of the asset, and the economic useful life. When determining the fair value of intangible assets acquired, we must estimate the applicable discount rate and the timing and amount of future cash flows. Key assumptions utilized in estimating the future cash flows expected to be generated by each reporting unit primarily relate to forecasted revenues and premiums earned. Goodwill Goodwill represents future economic benefits arising from other assets acquired in a business combination that are not October 1 third We conduct a qualitative assessment by examining relevant events and circumstances which could have a negative impact on our goodwill, including macroeconomic conditions, industry and market conditions, cost factors, overall financial performance, reporting unit dispositions and acquisitions, our market capitalization and other relevant events specific to us. If, after assessing the totality of events or circumstances described above, we determine that it is more likely than not may We performed our annual measurement for impairment of the goodwill of our reporting units and concluded the fair value of each reporting unit exceeded its carrying amount at its annual impairment test date on October 1, 2020 2019; not During 2020 2019, Purchased Intangibles and Other Long-Lived Assets We amortize intangible assets with finite lives over their estimated useful lives, which range between two fifty Years Customer relationships 3 to 10 Permits, licenses, and lease acquisition costs 10 to 50 Noncompetition and nonsolicitation agreements 2 to 5 Technology, trade names, and trademarks 2 to 20 Site location 15 Purchased intangible assets, including long-lived assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not Asset Retirement Obligations We are required to record the present value of obligations associated with the retirement of tangible long-lived assets in the period in which the obligation is incurred. The liability is capitalized as part of the long-lived asset’s carrying amount. With the passage of time, accretion of the liability is recognized as an operating expense and the capitalized cost is depreciated over the expected useful life of the related asset. Our asset retirement obligations relate to the dismantlement, removal, site reclamation, and similar activities related to the decommissioning of our billboard structures and broadband towers. Investments, Short-term and Long-term Investments include certificates of deposits, U.S Treasury securities, marketable equity securities, investments in corporate bonds, and equity investments as discussed below. U.S. Treasury securities held by our insurance entities are classified as held-to-maturity and are accounted for at amortized cost. We have both the intent and ability to hold the bonds to maturity. U.S. Treasury securities held by non-insurance entities are classified as trading securities and are accounted for at fair value. Unrealized holding gains and losses during the period are included in earnings. Marketable equity securities are stated at fair value. Certificates of deposit are accounted for at carrying value with no Equity Investment s Our equity investments consist of investment in two not no no 2016 01 Investments in Unconsolidated Entities We account for investments in less than 50% 20% 323 30, Funds Held as Collateral Assets Funds held as collateral assets consist principally of cash collateral received from principals to guarantee performance on surety bonds issued by us, as well as all other contractual obligations of the principals to the surety. Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates relate to allocation of asset acquisition price between tangible and intangible assets, useful lives for depreciation, amortization and accretion, impairment of goodwill, valuation of insurance loss reserves, and the valuation of deferred tax assets and liabilities. Accordingly, actual results could differ from those estimates. During the fourth 2019, 7 Fair Value Measurements We determine the fair value of our financial instruments using the fair value hierarchy, which requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Subsequent Events We have performed an evaluation of subsequent events through the date on which the financial statements are issued. Revenue s The majority of our advertising revenues are derived from contracts for advertising space on billboard structures and are accounted for under Financial Accounting Standards Board, which we refer to as the “FASB,” Accounting Standards Codification, which we refer to as “ASC,” 606 , Revenue from Contracts with Customers. January 1, 2019 840, Leases 840, Leases 606, Revenue from Contracts with Customers not 842, Leases. Premium revenues derived from our insurance operations are subject to ASC 944, Financial Services – Insurance Revenue Recognition Billboard Rentals We generate revenue from outdoor advertising through the leasing of advertising space on billboards. The terms of the contracts range from less than one three Another component of billboard rentals consists of production services which include creating and printing advertising copy. Contract revenues for production services are accounted for under ASC 606, Revenue from Contracts with Customers one 2020 2019 Deferred Revenues We record deferred revenues when cash payments are received in advance of being earned or when we have an unconditional right to consideration before satisfying our performance obligation. The term between invoicing and when a payment is due is not twelve Premiums and Unearned Premium Reserves Premiums written are recognized as revenues based on a pro-rata daily calculation over the respective terms of the policies in-force. The cost of reinsurance ceded is initially written as prepaid reinsurance premiums and is amortized over the reinsurance contract period in proportion to the amount of insurance protection provided. Premiums ceded of $595,750 and $726,764 for the years ended December 31, 2020 2019, Commissions We generate revenue from commissions on surety bond sales and account for commissions under ASC 606. Broadband Revenues Broadband revenue is derived principally from internet services and is recognized on a straight-line basis over the term of the contract in the period the services are rendered. Revenue received or receivable in advance of the delivery of services is included in deferred revenue. Right of Use Assets and Lease Liabilities Right of use, which we refer to as “ROU", assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The present value of lease payments is determined primarily using the incremental borrowing rate based on the information available at the lease commencement date. We have elected not 1 12 Redeemable Noncontrolling Interest Redeemable noncontrolling interests are interests in subsidiaries that are redeemable outside of our control either for cash or other assets. These interests are classified as mezzanine equity and measured at the estimated redemption value at the end of each reporting period. The resulting increases or decreases in the estimated redemption amount are affected by corresponding charges against retained earnings, or in the absence of retained earnings, additional paid-in capital. Losses and Loss Adjustment Expenses Unpaid losses and loss adjustment expenses represent estimates for the ultimate cost of unpaid reported and unreported claims incurred and related expenses. Estimates for losses and loss adjustment expenses are based on past experience of investigating and adjusting claims and consideration of the level of premiums written during the current and prior year. Since the reserves are based on estimates, the ultimate liability may Segment Information Operating segments are defined as the components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Our chief operating decision makers direct the allocation of resources to operating segments based on the profitability, cash flows, and growth opportunities of each respective segment. Our current operations for the years ended December 31, 2020 2019 Earnings Per Share Basic income (loss) per common share is computed by dividing the net income (loss) available to Class A common stockholders and Class B common stockholders by the weighted average number of Class A common and Class B common shares outstanding during the year. Diluted earnings per share reflect the potential dilution of securities that could share in earnings of an entity. In a loss year, dilutive common equivalent shares are excluded from the loss per share calculation as the effect would be anti-dilutive. For the years ended December 31, 2020 2019 Income Taxes We account for income taxes in accordance with ASC Topic 740 We recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the years ended December 31, 2020 2019 no December 31, 2020 2019 no COVID- 19 A new strain of novel coronavirus which causes a severe respiratory disease (“COVID- 19” 2019, 2020 19 19 may may 19 19. 19 19 Recent Accounting Pronouncements In February 2016, 842, Leases No. 2016 02, 842 No. 2018 01, Land Easement Practical Expedient for Transition to Topic 842 No. 2018 10, Codification Improvements to Topic 842 Leases No. 2018 11, Targeted Improvements 12 We adopted Topic 842 January 1, 2019, not 842 842 January 1, 2019 840. 842, 840 not not 14 On May 20, 2020, December 31, 2020. January 1, 2020. In December 2019, January 1, 2021. not In January 2020, No. 2020 01, Clarifying the Interactions between Topic 321, Topic 323, 815, January 1, 2021, not

Note 3 - Restricted Cash

Note 3 - Restricted Cash	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	NOTE 3. RESTRICTED CASH Restricted cash consists of the following: December 31, 2020 2019 Insurance premium escrow $ 280,269 $ 343,518 The following table sets forth a reconciliation of cash, cash equivalents, and restricted cash reported in the consolidated statements of cash flows that agrees to the total of those amounts as presented in the consolidated statements of cash flows. December 31, 2020 2019 Cash and cash equivalents $ 43,543,778 $ 16,028,514 Restricted cash 280,269 343,518 Total Cash, Cash Equivalents, and Restricted Cash as Presented in the Consolidated Statements of Cash Flows $ 43,824,047 $ 16,372,032

Note 4 - Accounts Receivable

Note 4 - Accounts Receivable	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Financing Receivables [Text Block]	NOTE 4. ACCOUNTS RECEIVABLE Accounts receivable consist of the following: December 31, 2020 2019 Trade accounts $ 3,537,864 $ 3,346,215 Premiums 832,221 971,963 Allowance for doubtful accounts (328,522 ) (127,635 ) Total Accounts Receivable, net $ 4,041,563 $ 4,190,543

Note 5 - Property and Equipment

Note 5 - Property and Equipment	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	NOTE 5. PROPERTY AND EQUIPMENT Property and equipment consist of the following: December 31, 2020 2019 Structures and displays $ 42,858,525 $ 41,320,458 Fiber, towers, and broadband equipment 11,358,650 - Vehicles and equipment 2,522,810 1,245,210 Office furniture and equipment 2,150,729 990,810 Accumulated depreciation (10,382,442 ) (6,731,459 ) Total Property and Equipment, net $ 48,508,272 $ 36,825,019 Depreciation expense for the years ended December 31, 2020 2019 December 31, 2020 2019

Note 6 - Business Acquisitions

Note 6 - Business Acquisitions	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Mergers, Acquisitions and Dispositions Disclosures [Text Block]	NOTE 6. BUSINESS ACQUISITIONS 2020 During the year ended December 31, 2020, two 805. Broadband Acquisitions FIF AireBeam On March 10, 2020, 805. one not three December 31, 2023, not The following is a summary of the allocation of the purchase price, which includes the final fair value allocation of the assets acquired and liabilities assumed: December 31, 2020 Assets Acquired Property, plant and equipment $ 3,112,459 Customer relationships 1,480,000 Permits 260,000 Trade names and trademarks 970,000 Goodwill 7,124,158 Software 990,000 Right of use assets 337,966 Other 184,737 Total Assets Acquired 14,459,320 Liabilities Assumed Accounts payable and deferred revenue 317,768 Lease liabilities 337,966 Other 91,095 Total Liabilities Assumed 746,829 Total $ 13,712,491 AireBeam's results of operations are recognized from March 10, 2020, December 31, 2020. December 31, 2020, five twenty ten twenty Broadband Acquisitions FIF Utah On December 29, 2020, not three not Due to the timing of the transaction, the initial accounting for the business combination is incomplete. In order to develop our preliminary fair values, we utilized asset information received from UBB and fair value allocation benchmarks from similar completed transactions. We are currently in the process of assessing UBB’s documentation of contracts related to customer relationships, detailed structure reports, operating leases, and asset retirement obligations; and therefore the initial allocation of the purchase price is subject to refinement. The purchase was recorded at fair value and preliminarily allocated as follows: December 31, 2020 Assets Acquired Property, plant and equipment $ 6,170,000 Customer relationships 7,400,000 Permits 330,000 Trade names and trademarks 1,910,000 Goodwill 11,030,000 Right of use assets 3,226,355 Other 201,000 Total Assets Acquired 30,267,355 Liabilities Assumed Accounts payable and deferred revenue 437,300 Lease liabilities 3,226,355 Total Liabilities Assumed 3,663,655 Total $ 26,603,700 FIF Utah's results of operations are recognized from December 29, 2020, December 31, 2020. December 31, 2020, five twenty ten twenty 2019 Billboard Acquisitions Image Outdoor Advertising, Inc. On August 30, 2019, 61 18 Alpha Displays, Inc. On October 1, 2019, 18 Pro Forma Information The following is the unaudited pro forma information assuming all business acquisitions occurred on January 1, 2019. two twenty two fifty For the Year Ended December 31, 2020 2019 Revenue $ 55,925,700 $ 55,824,936 Net Income Attributable to Common Stockholders $ 2,933,789 $ 1,775,851 Basic and Diluted Net Income per Share $ 0.11 $ 0.08 Basic and Diluted Weighted Average Class A and Class B Common Shares Outstanding 25,738,225 22,801,394 The information included in the pro forma amounts is derived from historical information obtained from the sellers of the businesses. The pro forma amounts above for basic and diluted weighted average shares outstanding have been adjusted for 2019

Note 7 - Intangible Assets

Note 7 - Intangible Assets	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Intangible Assets Disclosure [Text Block]	NOTE 7. INTANGIBLE ASSETS Intangible assets consist of the following: December 31, 2020 December 31, 2019 Accumulated Accumulated Cost Amortization Balance Cost Amortization Balance Customer relationships $ 46,740,483 $ (20,558,751 ) $ 26,181,732 $ 37,743,900 $ (17,890,487 ) $ 19,853,413 Permits, licenses, and lease acquisition costs 11,053,673 (2,412,313 ) 8,641,360 10,305,521 (1,443,337 ) 8,862,184 Site location 849,347 (193,462 ) 655,885 849,347 (136,839 ) 712,508 Noncompetition agreements 626,000 (386,934 ) 239,066 626,000 (269,318 ) 356,682 Technology 1,128,000 (212,250 ) 915,750 138,000 (138,000 ) - Trade names and trademarks 3,602,202 (369,175 ) 3,233,027 722,200 (267,900 ) 454,300 Nonsolicitation agreement 28,000 (28,000 ) - 28,000 (28,000 ) - Easements 4,507,089 - 4,507,089 2,032,494 - 2,032,494 Total $ 68,534,794 $ (24,160,885 ) $ 44,373,909 $ 52,445,462 $ (20,173,881 ) $ 32,271,581 During the fourth 2019, October 1, 2019, 10 fourth 2019. The future amortization associated with the intangible assets is as follows: December 31, 2021 2022 2023 2024 2025 Thereafter Total Customer relationships $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 10,516,902 $ 26,181,732 Permits, licenses and lease acquisition costs 1,012,947 1,012,947 1,012,947 1,012,947 999,939 3,589,633 8,641,360 Site location 56,623 56,623 56,623 56,623 56,623 372,770 655,885 Noncompetition agreements 101,200 90,366 46,100 1,400 - - 239,066 Technology 99,000 99,000 99,000 99,000 99,000 420,750 915,750 Trade names and trademarks 208,900 208,900 208,900 208,900 208,900 2,188,527 3,233,027 Total $ 4,611,636 $ 4,600,802 $ 4,556,536 $ 4,511,836 $ 4,497,428 $ 17,088,582 $ 39,866,820 Amortization expense for the years ended December 31, 2020 2019 Future Amortization The weighted average amortization period, in months, for intangible assets is as follows: Customer relationships 100 Permits, licenses, and lease acquisition costs 102 Site location 139 Noncompetition agreements 26 Technology 111 Trade names and trademarks 186

Note 8 - Investments, Including

Note 8 - Investments, Including Investments Accounted for Using the Equity Method	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Investment [Text Block]	NOTE 8. I NVESTMENTS , INCLUDING INVESTMENTS ACCOUNTED FOR USING THE EQUITY METHOD Short-term Investments Short-term investments consist of certificates of deposit, U.S. Treasury securities, and corporate bonds. Certificates of deposit, U.S. Treasury securities and corporate bonds held by UCS are classified as held to maturity, mature in less than twelve December 31, 2020, December 31, 2020 2019 Certificates of deposit $ 1,035,827 $ 987,599 Corporate bonds classified as trading 1,020,000 910,000 U.S. Treasury notes and corporate bond held to maturity 4,994,848 4,649,572 Total $ 7,050,675 $ 6,547,171 Marketable Equity Securities During 2019, 1 December 31, 2020 2019 Gross Unrealized Fair Cost Gain (Loss) Value Marketable equity securities, December 31, 2020 $ 68,205,548 $ (4,169,066 ) $ 64,036,482 Marketable equity securities, December 31, 2019 $ 49,554,926 $ 6,353,001 $ 55,907,927 U.S. Treasury Securities We classify our investments in debt securities that are bought and held principally for the purpose of selling them in the near term as trading securities. Our debt securities classified as trading are carried at fair value in the consolidated balance sheets, with the change in fair value during the period included in earnings. Interest income is recognized at the coupon rate. Debt securities classified as trading and available for sale as of December 31, 2020 2019 Gross Unrealized Fair Cost Gain Value U.S. Treasury trading securities, December 31, 2020 $ 37,766,133 $ 1,812 $ 37,767,945 U.S. Treasury securities available for sale, December 31, 2019 $ 75,488,863 $ (79,664 ) $ 75,409,199 Long-term Investments Long-term investments consist of certificates of deposit having maturity dates in excess of twelve 2021 2023. Long-term investments consist of the following: December 31, 2020 2019 U.S. Treasury securities, held to maturity $ 286,015 $ 1,094,983 Certificates of deposit - 380,753 Preferred stock 104,019 104,019 Non-voting preferred units of Dream Finders Holdings, LLC - 12,000,000 Non-voting common units of Dream Finders Holdings, LLC - 10,000,000 Yellowstone Acquisition Company warrants 4,786,263 - Voting common stock of CB&T Holding Corporation 19,058,485 19,058,485 Total $ 24,234,782 $ 42,638,240 E quity Investment s During May 2018, one In late December 2017, first 2020, January 1, 2020, In May 2019, May 29, 2020 May 29, 2021. 14% not one not May 29, 2021. twelve December 31, 2020, May 2019. During January 2018, one We reviewed our investments as of December 31, 2020 2019 no Investment in Unconsolidated Affiliates We have various investments in equity method affiliates, whose businesses are in home building, real estate, real estate services, and asset management. Our interest in these affiliates ranges from 5.6% to 30%. Two of the investments in affiliates, Logic Real Estate Companies, LLC and 24th December 31, 2020, 24th 24th During 2020, two 24th 24th 24th 24th Yellowstone Special Purpose Acquisition Company On September 25, 2020, 1 three Prior to the filing of the Yellowstone's Registration Statement on Form S- 1, October 9, 2020, December 31, 2020, no December 31, 2020. one one On October 26, 2020, one one one one Also on October 26, 2020, not 15 9 On November 16, 2020, no not December 1, 2020, As a result of Yellowstone's IPO, we ceased having a controlling financial interest in Yellowstone as of October 26, 2020. November 16, 2020 not The following table is a reconciliation of our investments in equity affiliates as presented in investments in unconsolidated affiliates on our consolidated balance sheets, together with combined summarized financial data related to the unconsolidated affiliates: December 31, 2020 2019 Beginning of year $ 771,805 $ 568,713 Additional investments in unconsolidated affiliates 16,025,000 264,834 Distributions received (1,433,480 ) (541,108 ) Unrealized gain on initial investment in affiliate 5,074,587 - Sale of interest in affiliate (309,375 ) - Equity in income of unconsolidated affiliates 5,187,159 479,366 End of year $ 25,315,696 $ 771,805 Combined summarized financial data for these affiliates is as follows: December 31, 2020 2019 Revenue $ 1,147,735,494 $ 19,374,109 Gross profit 176,953,564 6,731,623 Income from continuing operations 82,604,418 1,806,620 Net income 86,473,464 1,859,438 Note Receivable from Affiliate October 2, 2020, May 1, 2021. first November 1, 2020 first May 1, 2021, February 1, 2021, first first not no ten

Note 9 - Fair Value

Note 9 - Fair Value	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Fair Value Disclosures [Text Block]	NOTE 9. FAIR VALUE The fair value hierarchy prioritizes inputs to valuation techniques used to measure fair value into three Level 1 Level 2 not Level 3 no At December 31, 2020 2019 2 December 31, 2020 , As discussed within Note 8, one 815, Derivatives and Hedging. 3 no December 31, 2020, Marketable equity securities and U.S. Treasury trading securities are reported at fair values. Substantially all of the fair value is determined using observed prices of publicly traded securities, level 1 Total Carrying Quoted Prices Total Changes Amount in in Active in Fair Values Consolidated Markets for Included in Balance Sheet Identical Realized Gains Current Period Dec. 31, 2020 Assets and (Losses) Earnings (Loss) Marketable equity securities, U.S. Treasury trading securities, and corporate bonds $ 102,824,427 $ 102,824,427 $ 5,688,750 $ (10,402,013 )

Note 10 - Income Tax Benefit

Note 10 - Income Tax Benefit	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Income Tax Disclosure [Text Block]	NOTE 10. INCOME TAX BENEFIT The components of the income tax (provision) benefit for the years ended December 31, December 31, December 31, 2020 2019 Income tax (provision) benefit: Current federal income tax expense (benefit) $ - $ 513,201 Current state income tax expense (benefit) - 161,781 Deferred federal income tax expense (benefit) - 1,470,099 Deferred state income tax expense (benefit) - 463,432 Total Income Tax Benefit Before Valuation Allowance - 2,608,513 Valuation allowance - (2,608,513 ) Deferred tax assets: Net operating loss carryforward - all as of December 31, 2019 $ - $ 8,576,397 Net operating loss carryforward - federal as of December 31, 2020 5,252,159 - Net operating loss carryforward - state as of December 31, 2020 1,825,565 - 2020 Tax credit carryforwards as of December 31, 2020 366,366 - Intangibles 47,731 - Lease liabilities 14,064,430 - Premium adjustments and IBNR 776,456 - Unrealized loss on securities 546,813 - Valuation allowance (6,616,758 ) (6,642,866 ) Net Deferred Tax Assets $ 16,262,762 $ 1,933,531 Deferred tax liabilities: Property and equipment $ (1,754,929 ) $ - Right of use assets (14,311,642 ) - Deferred acquisition costs (187,002 ) - Investment in unconsolidated subsidiaries (9,189 ) - Unrealized loss on securities - (1,732,696 ) Other - (200,835 ) Total Deferred Tax Liabilities (16,262,762 ) (1,933,531 ) Net Deferred Tax Assets/Liabilities $ - $ - Deferred taxes in the consolidated balance sheet are classified based upon the related asset or liability creating the deferred tax. Deferred taxes not At December 31, 2020, 2019. 2018. 2018 may 2035 2037. 2017 may 2017 The realization of deferred tax assets, including net operating loss carryforwards, is dependent on the generation of future taxable income sufficient to realize the tax deductions, carryforwards and credits. Valuation allowances on deferred tax assets are recognized if it is determined that it is more likely than not not not not. January 20, 2021 ( 18 December 31, 2020 first 2021. The reconciliation of the income tax provision, calculated at the U.S. Corporate tax rate of 21%, For the Year Ended December 31, 2020 2019 Tax at statutory rate $ 95,715 $ - Increase (decrease): Permanent differences 5,422 - State income tax expense (benefit), net of federal income taxes 27,712 - Other (102,741 ) - Less: valuation allowance (26,108 ) - Income tax benefit $ - $ - Uncertain Tax Positions We believe that there are no 12 None 2017

Note 11 - Asset Retirement Obli

Note 11 - Asset Retirement Obligations	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Asset Retirement Obligation Disclosure [Text Block]	NOTE 1 1 . ASSET RETIREMENT OBLIGATIONS Our asset retirement obligations include the costs associated with the removal of structures, resurfacing of the land and retirement cost, if applicable, related to our outdoor advertising and broadband assets. The following table reflects information related to our asset retirement obligations: Balance, January 1, 2019 1,824,419 Additions 85,294 Accretion expense 134,992 Liabilities settled - Balance, December 31, 2019 $ 2,044,705 Additions 96,864 Accretion expense 140,704 Liabilities settled - Balance, December 31, 2020 $ 2,282,273

Note 12 - Capital Stock

Note 12 - Capital Stock	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	NOTE 1 2 . CAPITAL STOCK In February 2018, February 9, 2018. may not March 2018 August 20, 2019, January 1 August 20, 2019, On August 13, 2019, second second may not August 21, 2019 December 31, 2019, second first 2020, third fourth 2020, not February 2021. On March 18, 2020, may 10b5 1 not June 30, 2021, no not 2020. On May 28, 2020, June 2, 2020, not 3 No. 333 222853 February 9, 2018, May 28, 2020. Our Board of Directors also authorized us to enter into written trading plans under Rule 10b5 1 1934, 10b5 1 10b5 1 third may 10b5 1 At December 31, 2020, December 31, 2020 December 31, 2019, Shares Under Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value of Vested Warrants Outstanding as of January 1, 2019 105,556 $ 9.95 6.5 $ 1,419,728 Issued - Exercised - Expired - Outstanding as of December 31, 2019 105,556 $ 9.95 5.5 $ 1,170,616 Issued - Exercised - Expired - Outstanding as of December 31, 2020 105,556 $ 9.95 4.5 $ 1,868,341

Note 13 - Long-term Debt

Note 13 - Long-term Debt	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Debt Disclosure [Text Block]	NOTE 13. LONG-TERM DEBT On August 12, 2019, 1” 2” not As of December 31, 2020, 1 2 1 2 July 1, 2020 1 October 1, 2020 2. August 12, 2026. 1 2 The revolving line of credit loan facility has a $5,000,000 maximum availability. Interest payments are based on the 30 August 11, 2021. Long-term debt included within our consolidated balance sheet as of December 31, 2020 1 2 December 31, 2020. During the term of the Credit Facility, Link is required to comply with the following financial covenants: A consolidated leverage ratio for any test period ending on the last day of any fiscal quarter of Link (a) beginning with the fiscal quarter ended December 31, 2019 not 1.00, December 31, 2020 not 1.00, December 31, 2021 not 1.0; not 1.00 four December 31, 2019 December 31, 2019 December 31, 2020 2019. The Credit Agreement includes representations and warranties, reporting covenants, affirmative covenants, negative covenants, financial covenants and events of default customary for financings of this type. Upon the occurrence of an event of default the Lender may The aggregate minimum principal payments required on long-term debt as of December 31, 2020 2021, 2022, 2023, 2024, 2025

Note 14 - Leases

Note 14 - Leases	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	NOTE 14 . LEASES We enter into operating lease contracts primarily for land and office space. Arrangements are evaluated at inception to determine whether such arrangements contain a lease. Operating leases include land lease contracts and contracts for the use of office space. In accordance with the transition guidance of ASC 842, January 1, 2019. Right of use assets, which we refer to as “ROU assets,” represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at the commencement date based on the present value of lease payments over the respective lease term. Lease expense is recognized on a straight-line basis over the lease term. Certain of our operating lease agreements include rental payments based on a percentage of revenue and others include rental payments adjusted periodically for inflationary changes. Percentage rent contracts, in which lease expense is calculated as a percentage of advertising revenue, and payments due to changes in inflationary adjustments are included within variable rent expense, which is accounted for separately from periodic straight-line lease expense. Many of our leases entered into in connection with land provide options to extend the terms of the agreements. Generally, renewal periods are included in minimum lease payments when calculating the lease liabilities as, for most leases, we consider exercise of such options to be reasonably certain. As a result, optional terms and payments are included within the lease liability. Our lease agreements do not The implicit rate within our lease agreements is generally not 842, Operating Lease Cost Operating lease cost for the year ended December 31, 2020 Year Ended Year Ended Ended Ended December 31, 2020 December 31, 2019 Statement of Operations Classification Lease cost $ 6,328,994 $ 5,989,314 Cost of billboard revenues and general and administrative Variable and short-term lease cost 467,797 1,019,486 Cost of billboard revenues and general and administrative Total Lease Cost $ 6,796,791 $ 7,008,800 Supplemental cash flow information related to operating leases was as follows: Year Ended Year Ended Ended Ended December 31, 2020 December 31, 2019 Cash payments for operating leases $ 6,211,256 $ 5,776,931 New operating lease assets obtained in exchange for operating lease liabilities $ 881,610 $ 6,551,279 Operating Lease Assets and Liabilities December 31, 2020 December 31, 2019 Balance Sheet Classification Lease assets $ 52,849,492 $ 53,249,985 Other Assets: Right of use assets Current lease liabilities $ 4,354,664 $ 3,801,727 Current Liabilities: Lease liabilities Noncurrent lease liabilities 47,581,933 48,199,652 Long-term Liabilities: Lease liabilities Total Lease Liabilities $ 51,936,597 $ 52,001,379 Maturity of Operating Lease Liabilities December 31, 2020 2021 $ 6,553,589 2022 6,058,577 2023 5,682,235 2024 5,197,230 2025 4,909,502 Thereafter 49,903,069 Total lease payments 78,304,202 Less imputed interest (26,367,605 ) Present Value of Lease Liabilities $ 51,936,597 As of December 31, 2020

Note 15 - Industry Segments

Note 15 - Industry Segments	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	NOTE 15 . I N DUSTRY SEGMENTS This summary presents our current segments, as described below. General Indemnity Group, LLC GIG conducts our insurance operations through its subsidiaries, Warnock, SSS, SCS and UCS. SSS clients are multi-state and UCS, SCS and Warnock clients are nationwide. Revenue consists of surety bond sales and insurance commissions. Currently, GIG’s corporate resources are used to support Warnock, SSS, SCS and UCS and to make additional business acquisitions in the insurance industry. Link Media Holdings, LLC LMH conducts our billboard rental operations. LMH advertisers are located in Alabama, Florida, Georgia, Illinois, Iowa, Kansas, Missouri, Nebraska, Nevada, Virginia, West Virginia, and Wisconsin. Fiber is Fast, LLC FIF conducts our broadband operations. FIF provides high-speed broadband services to its customers located in Arizona and Utah. Total Year Ended December 31, 2020 GIG LMH FIF Unallocated Consolidated Revenue $ 13,645,962 $ 28,260,964 $ 3,836,537 $ - $ 45,743,463 Segment gross profit 6,955,759 16,988,615 3,290,431 - 27,234,805 Segment (loss) income from operations (197,377 ) 607,542 388,960 (4,825,179 ) (4,026,054 ) Capital expenditures - 4,354,770 43,806,659 734,749 48,896,178 Depreciation and amortization 484,495 6,636,205 571,003 7,691,703 Total Year Ended December 31, 2019 GIG LMH FIF Unallocated Consolidated Revenue $ 12,959,971 $ 28,429,167 $ - $ - $ 41,389,138 Segment gross profit 6,669,753 17,108,018 - - 23,777,771 Segment loss from operations (2,216,421 ) (5,765,105 ) - (4,430,570 ) (12,412,096 ) Capital expenditures 46,868 11,728,650 - - 11,775,518 Depreciation and amortization 1,179,450 12,394,691 - - 13,574,141 Total As of December 31, 2020 GIG LMH FIF Unallocated Consolidated Accounts receivable, net $ 1,160,424 $ 2,633,711 $ 247,428 $ - $ 4,041,563 Goodwill 8,719,294 97,572,994 18,154,158 124,446,446 Total assets 54,536,523 219,607,150 48,496,371 187,013,841 509,653,885 Total As of December 31, 2019 GIG LMH FIF Unallocated Consolidated Accounts receivable, net $ 1,213,823 $ 2,976,720 $ - $ - $ 4,190,543 Goodwill 8,719,294 97,553,207 - - 106,272,501 Total assets 45,956,410 224,258,311 - 166,693,489 436,908,210

Note 16 - Reserves for Losses a

Note 16 - Reserves for Losses and Loss Adjustment Expenses	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Insurance Disclosure [Text Block]	NOTE 16 . RESERVES FOR LOSSES AND LOSS ADJUSTMENT EXPENSES The following table provides a reconciliation of the beginning and ending reserve balances for losses and loss adjustment expenses ("LAE") for the years ended December 31: 2020 2019 Losses and LAE at beginning of year $ 1,203,493 $ 360,514 Provision for losses and LAE claims arising in: Current year 2,221,844 1,590,858 Prior year 694,002 123,044 Total incurred 2,915,846 1,713,902 Losses and LAE payments for claims arising in: Current year 1,182,375 856,778 Prior years 444,630 14,145 Total payments 1,627,005 870,923 Losses and LAE at end of year $ 2,492,334 $ 1,203,493 For the year ended December 31, 2020, December 31, 2020. December 31, 2020 December 31, 2019, December 31, 2019. Reserves remaining as of December 31, 2019 December 31, 2020 2019,

Note 17 - Custodial Risk

Note 17 - Custodial Risk	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Custodial Risk Disclosure [Text Block]	NOTE 17. CUSTODIAL RISK As of December 31, 2020

Note 18 - Subsequent Events

Note 18 - Subsequent Events	12 Months Ended
	Dec. 31, 2020
Notes to Financial Statements
Subsequent Events [Text Block]	NOTE 18. SUBSEQUENT EVENTS On January 20, 2021, January 21, 2021. no one March 26, 2021, On January 25, 2021, not On January 26, 2021, Subsequent to December 31, 2020,

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Consolidation Policy The financial statements of Boston Omaha Corporation include the accounts of the Company and its wholly-owned and majority-owned subsidiaries, as follows: Link Media Holdings, LLC which we refer to as “LMH” Link Media Alabama, LLC which we refer to as “LMA” Link Media Florida, LLC which we refer to as “LMF” Link Media Wisconsin, LLC which we refer to as “LMW” Link Media Georgia, LLC which we refer to as “LMG” Link Media Midwest, LLC which we refer to as “LMM” Link Media Omaha, LLC which we refer to as “LMO” Link Media Properties, LLC which we refer to as “LMP” Link Media Southeast, LLC which we refer to as “LMSE” Link Media Services, LLC which we refer to as “LMS” General Indemnity Group, LLC which we refer to as “GIG” The Warnock Agency, Inc. which we refer to as “Warnock” United Casualty and Surety Insurance Company which we refer to as “UCS” Surety Support Services, Inc. which we refer to as “SSS” South Coast Surety Insurance Services, LLC which we refer to as “SCS” Boston Omaha Investments, LLC which we refer to as “BOIC” Boston Omaha Asset Management, LLC which we refer to as “BOAM” BOAM BFR LLC which we refer to as "BOAM BFR" BOC DFH, LLC which we refer to as “BOC DFH” BOC OPS LLC which we refer to as "BOC OPS" BOC Yellowstone LLC which we refer to as "BOC Yellowstone" BOC Yellowstone II LLC which we refer to as “BOC Yellowstone II” Fiber is Fast, LLC which we refer to as "FIF" FIF AireBeam LLC, which we refer to as “AireBeam” FIF Utah LLC, which we refer to as “FIF Utah” All significant intercompany profits, losses, transactions and balances have been eliminated in consolidation.
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of the statement of cash flows, we consider all highly liquid investments, with the exception of U.S. Treasury securities, purchased with an original maturity of three
Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]	Restricted Cash We have cash that is restricted for the payment of insurance premiums.
Receivable [Policy Text Block]	Accounts Receivable Billboard Rentals Accounts receivable are recorded at the invoiced amount, net of advertising agency commissions, sales discounts, and allowances for doubtful accounts. We evaluate the collectability of accounts receivable based on our knowledge of our customers and historical experience of bad debts. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations, we record a specific allowance to reduce the amounts recorded to what we believe will be collected. For all other customers, we recognize reserves for bad debt based upon historical experience of bad debts as a percentage of revenue, adjusted for relative improvement or deterioration in its agings and changes in current economic conditions. As of December 31, 2020 2019 Insurance Accounts receivable consists of premiums and anticipated salvage. All of the receivables have payment terms of less than twelve Anticipated salvage is the amount we expect to receive from principals pursuant to indemnification agreements. Broadband Accounts receivable are recorded at the invoiced amount, net of allowances for doubtful accounts. We evaluate the collectability of accounts receivable based on our knowledge of our customers and historical experience of bad debts. In circumstances where we are aware of a specific customer’s inability to meet its financial obligations, we record a specific allowance to reduce the amounts recorded to what we believe will be collected. As of December 31, 2020, Deferred Policy Acquisition Costs Policy acquisition costs consist primarily of commissions to agents and brokers and premium taxes, fees, and assessments. Such costs that are directly related to the successful acquisition of new or renewal insurance contracts are deferred and amortized over the related policy period, generally one three not
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment are carried at cost less depreciation. Depreciation is provided principally on the straight-line method over the estimated useful lives of the assets, which range from four twenty Years Structures 15 Digital displays and electrical 10 Static and tri-vision displays 10 to 15 Fiber, towers, and broadband equipment 5 to 20 Vehicles, equipment, and furniture 4 to 7 Maintenance and repair costs are charged against income as incurred. Significant improvements or betterments are capitalized and depreciated over the estimated life of the asset. Periodic internal reviews are performed to evaluate the reasonableness of the depreciable lives for property and equipment. Actual usage, physical wear and tear, replacement history, and assumptions about technology evolution are reviewed and evaluated to determine the remaining useful lives of the assets. Remaining useful life assessments are made to anticipate the loss in service value that may Property and equipment is reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not no
Business Combinations Policy [Policy Text Block]	Acquisitions For transactions that meet the definition of a business combination, we allocate the purchase price, including any contingent consideration, to the assets acquired and the liabilities assumed at their estimated fair values as of the date of the acquisition with any excess of the purchase price paid over the estimated fair value of net assets acquired recorded as goodwill. The determination of the final purchase price and the acquisition-date fair value of identifiable assets acquired and liabilities assumed may one The fair value of the assets acquired and liabilities assumed is typically determined by using either estimates of replacement costs or discounted cash flow valuation methods. When determining the fair value of tangible assets acquired, we must estimate the cost to replace the asset with a new asset, adjusted for an estimated reduction in fair value due to age of the asset, and the economic useful life. When determining the fair value of intangible assets acquired, we must estimate the applicable discount rate and the timing and amount of future cash flows. Key assumptions utilized in estimating the future cash flows expected to be generated by each reporting unit primarily relate to forecasted revenues and premiums earned.
Goodwill and Intangible Assets, Goodwill, Policy [Policy Text Block]	Goodwill Goodwill represents future economic benefits arising from other assets acquired in a business combination that are not October 1 third We conduct a qualitative assessment by examining relevant events and circumstances which could have a negative impact on our goodwill, including macroeconomic conditions, industry and market conditions, cost factors, overall financial performance, reporting unit dispositions and acquisitions, our market capitalization and other relevant events specific to us. If, after assessing the totality of events or circumstances described above, we determine that it is more likely than not may We performed our annual measurement for impairment of the goodwill of our reporting units and concluded the fair value of each reporting unit exceeded its carrying amount at its annual impairment test date on October 1, 2020 2019; not During 2020 2019,
Impairment or Disposal of Long-Lived Assets, Including Intangible Assets, Policy [Policy Text Block]	Purchased Intangibles and Other Long-Lived Assets We amortize intangible assets with finite lives over their estimated useful lives, which range between two fifty Years Customer relationships 3 to 10 Permits, licenses, and lease acquisition costs 10 to 50 Noncompetition and nonsolicitation agreements 2 to 5 Technology, trade names, and trademarks 2 to 20 Site location 15 Purchased intangible assets, including long-lived assets, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not
Asset Retirement Obligation [Policy Text Block]	Asset Retirement Obligations We are required to record the present value of obligations associated with the retirement of tangible long-lived assets in the period in which the obligation is incurred. The liability is capitalized as part of the long-lived asset’s carrying amount. With the passage of time, accretion of the liability is recognized as an operating expense and the capitalized cost is depreciated over the expected useful life of the related asset. Our asset retirement obligations relate to the dismantlement, removal, site reclamation, and similar activities related to the decommissioning of our billboard structures and broadband towers.
Marketable Securities, Policy [Policy Text Block]	Investments, Short-term and Long-term Investments include certificates of deposits, U.S Treasury securities, marketable equity securities, investments in corporate bonds, and equity investments as discussed below. U.S. Treasury securities held by our insurance entities are classified as held-to-maturity and are accounted for at amortized cost. We have both the intent and ability to hold the bonds to maturity. U.S. Treasury securities held by non-insurance entities are classified as trading securities and are accounted for at fair value. Unrealized holding gains and losses during the period are included in earnings. Marketable equity securities are stated at fair value. Certificates of deposit are accounted for at carrying value with no
Equity Method Investments [Policy Text Block]	Equity Investment s Our equity investments consist of investment in two not no no 2016 01 Investments in Unconsolidated Entities We account for investments in less than 50% 20% 323 30,
Funds Held as Collateral Assets [Policy Text Block]	Funds Held as Collateral Assets Funds held as collateral assets consist principally of cash collateral received from principals to guarantee performance on surety bonds issued by us, as well as all other contractual obligations of the principals to the surety.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates relate to allocation of asset acquisition price between tangible and intangible assets, useful lives for depreciation, amortization and accretion, impairment of goodwill, valuation of insurance loss reserves, and the valuation of deferred tax assets and liabilities. Accordingly, actual results could differ from those estimates. During the fourth 2019, 7
Fair Value Measurement, Policy [Policy Text Block]	Fair Value Measurements We determine the fair value of our financial instruments using the fair value hierarchy, which requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.
Subsequent Events, Policy [Policy Text Block]	Subsequent Events We have performed an evaluation of subsequent events through the date on which the financial statements are issued.
Revenue [Policy Text Block]	Revenue s The majority of our advertising revenues are derived from contracts for advertising space on billboard structures and are accounted for under Financial Accounting Standards Board, which we refer to as the “FASB,” Accounting Standards Codification, which we refer to as “ASC,” 606 , Revenue from Contracts with Customers. January 1, 2019 840, Leases 840, Leases 606, Revenue from Contracts with Customers not 842, Leases. Premium revenues derived from our insurance operations are subject to ASC 944, Financial Services – Insurance Revenue Recognition Billboard Rentals We generate revenue from outdoor advertising through the leasing of advertising space on billboards. The terms of the contracts range from less than one three Another component of billboard rentals consists of production services which include creating and printing advertising copy. Contract revenues for production services are accounted for under ASC 606, Revenue from Contracts with Customers one 2020 2019 Deferred Revenues We record deferred revenues when cash payments are received in advance of being earned or when we have an unconditional right to consideration before satisfying our performance obligation. The term between invoicing and when a payment is due is not twelve Premiums and Unearned Premium Reserves Premiums written are recognized as revenues based on a pro-rata daily calculation over the respective terms of the policies in-force. The cost of reinsurance ceded is initially written as prepaid reinsurance premiums and is amortized over the reinsurance contract period in proportion to the amount of insurance protection provided. Premiums ceded of $595,750 and $726,764 for the years ended December 31, 2020 2019, Commissions We generate revenue from commissions on surety bond sales and account for commissions under ASC 606. Broadband Revenues Broadband revenue is derived principally from internet services and is recognized on a straight-line basis over the term of the contract in the period the services are rendered. Revenue received or receivable in advance of the delivery of services is included in deferred revenue.
Right of Use Assets and Lease Liabilities [Policy Text Block]	Right of Use Assets and Lease Liabilities Right of use, which we refer to as “ROU", assets and lease liabilities are recognized at the lease commencement date based on the present value of lease payments over the lease term. The present value of lease payments is determined primarily using the incremental borrowing rate based on the information available at the lease commencement date. We have elected not 1 12
Redeemable Noncontrolling Interest [Policy Text Block]	Redeemable Noncontrolling Interest Redeemable noncontrolling interests are interests in subsidiaries that are redeemable outside of our control either for cash or other assets. These interests are classified as mezzanine equity and measured at the estimated redemption value at the end of each reporting period. The resulting increases or decreases in the estimated redemption amount are affected by corresponding charges against retained earnings, or in the absence of retained earnings, additional paid-in capital.
Liability Reserve Estimate, Policy [Policy Text Block]	Losses and Loss Adjustment Expenses Unpaid losses and loss adjustment expenses represent estimates for the ultimate cost of unpaid reported and unreported claims incurred and related expenses. Estimates for losses and loss adjustment expenses are based on past experience of investigating and adjusting claims and consideration of the level of premiums written during the current and prior year. Since the reserves are based on estimates, the ultimate liability may
Segment Reporting, Policy [Policy Text Block]	Segment Information Operating segments are defined as the components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Our chief operating decision makers direct the allocation of resources to operating segments based on the profitability, cash flows, and growth opportunities of each respective segment. Our current operations for the years ended December 31, 2020 2019
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic income (loss) per common share is computed by dividing the net income (loss) available to Class A common stockholders and Class B common stockholders by the weighted average number of Class A common and Class B common shares outstanding during the year. Diluted earnings per share reflect the potential dilution of securities that could share in earnings of an entity. In a loss year, dilutive common equivalent shares are excluded from the loss per share calculation as the effect would be anti-dilutive. For the years ended December 31, 2020 2019
Income Tax, Policy [Policy Text Block]	Income Taxes We account for income taxes in accordance with ASC Topic 740 We recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. During the years ended December 31, 2020 2019 no December 31, 2020 2019 no
COVID-19 Impact [Policy Text Block]	COVID- 19 A new strain of novel coronavirus which causes a severe respiratory disease (“COVID- 19” 2019, 2020 19 19 may may 19 19. 19 19
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In February 2016, 842, Leases No. 2016 02, 842 No. 2018 01, Land Easement Practical Expedient for Transition to Topic 842 No. 2018 10, Codification Improvements to Topic 842 Leases No. 2018 11, Targeted Improvements 12 We adopted Topic 842 January 1, 2019, not 842 842 January 1, 2019 840. 842, 840 not not 14 On May 20, 2020, December 31, 2020. January 1, 2020. In December 2019, January 1, 2021. not In January 2020, No. 2020 01, Clarifying the Interactions between Topic 321, Topic 323, 815, January 1, 2021, not

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Property, Plant and Equipment, Useful Life [Table Text Block]	Years Structures 15 Digital displays and electrical 10 Static and tri-vision displays 10 to 15 Fiber, towers, and broadband equipment 5 to 20 Vehicles, equipment, and furniture 4 to 7
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Years Customer relationships 3 to 10 Permits, licenses, and lease acquisition costs 10 to 50 Noncompetition and nonsolicitation agreements 2 to 5 Technology, trade names, and trademarks 2 to 20 Site location 15

Note 3 - Restricted Cash (Table

Note 3 - Restricted Cash (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Restrictions on Cash and Cash Equivalents [Table Text Block]	December 31, 2020 2019 Insurance premium escrow $ 280,269 $ 343,518 December 31, 2020 2019 Cash and cash equivalents $ 43,543,778 $ 16,028,514 Restricted cash 280,269 343,518 Total Cash, Cash Equivalents, and Restricted Cash as Presented in the Consolidated Statements of Cash Flows $ 43,824,047 $ 16,372,032

Note 4 - Accounts Receivable (T

Note 4 - Accounts Receivable (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Receivables with Imputed Interest [Table Text Block]	December 31, 2020 2019 Trade accounts $ 3,537,864 $ 3,346,215 Premiums 832,221 971,963 Allowance for doubtful accounts (328,522 ) (127,635 ) Total Accounts Receivable, net $ 4,041,563 $ 4,190,543

Note 5 - Property and Equipme_2

Note 5 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Property, Plant and Equipment [Table Text Block]	December 31, 2020 2019 Structures and displays $ 42,858,525 $ 41,320,458 Fiber, towers, and broadband equipment 11,358,650 - Vehicles and equipment 2,522,810 1,245,210 Office furniture and equipment 2,150,729 990,810 Accumulated depreciation (10,382,442 ) (6,731,459 ) Total Property and Equipment, net $ 48,508,272 $ 36,825,019

Note 6 - Business Acquisitions

Note 6 - Business Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	December 31, 2020 Assets Acquired Property, plant and equipment $ 3,112,459 Customer relationships 1,480,000 Permits 260,000 Trade names and trademarks 970,000 Goodwill 7,124,158 Software 990,000 Right of use assets 337,966 Other 184,737 Total Assets Acquired 14,459,320 Liabilities Assumed Accounts payable and deferred revenue 317,768 Lease liabilities 337,966 Other 91,095 Total Liabilities Assumed 746,829 Total $ 13,712,491 December 31, 2020 Assets Acquired Property, plant and equipment $ 6,170,000 Customer relationships 7,400,000 Permits 330,000 Trade names and trademarks 1,910,000 Goodwill 11,030,000 Right of use assets 3,226,355 Other 201,000 Total Assets Acquired 30,267,355 Liabilities Assumed Accounts payable and deferred revenue 437,300 Lease liabilities 3,226,355 Total Liabilities Assumed 3,663,655 Total $ 26,603,700
Business Acquisition, Pro Forma Information [Table Text Block]	For the Year Ended December 31, 2020 2019 Revenue $ 55,925,700 $ 55,824,936 Net Income Attributable to Common Stockholders $ 2,933,789 $ 1,775,851 Basic and Diluted Net Income per Share $ 0.11 $ 0.08 Basic and Diluted Weighted Average Class A and Class B Common Shares Outstanding 25,738,225 22,801,394

Note 7 - Intangible Assets (Tab

Note 7 - Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Intangible Assets and Goodwill [Table Text Block]	December 31, 2020 December 31, 2019 Accumulated Accumulated Cost Amortization Balance Cost Amortization Balance Customer relationships $ 46,740,483 $ (20,558,751 ) $ 26,181,732 $ 37,743,900 $ (17,890,487 ) $ 19,853,413 Permits, licenses, and lease acquisition costs 11,053,673 (2,412,313 ) 8,641,360 10,305,521 (1,443,337 ) 8,862,184 Site location 849,347 (193,462 ) 655,885 849,347 (136,839 ) 712,508 Noncompetition agreements 626,000 (386,934 ) 239,066 626,000 (269,318 ) 356,682 Technology 1,128,000 (212,250 ) 915,750 138,000 (138,000 ) - Trade names and trademarks 3,602,202 (369,175 ) 3,233,027 722,200 (267,900 ) 454,300 Nonsolicitation agreement 28,000 (28,000 ) - 28,000 (28,000 ) - Easements 4,507,089 - 4,507,089 2,032,494 - 2,032,494 Total $ 68,534,794 $ (24,160,885 ) $ 44,373,909 $ 52,445,462 $ (20,173,881 ) $ 32,271,581
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	December 31, 2021 2022 2023 2024 2025 Thereafter Total Customer relationships $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 3,132,966 $ 10,516,902 $ 26,181,732 Permits, licenses and lease acquisition costs 1,012,947 1,012,947 1,012,947 1,012,947 999,939 3,589,633 8,641,360 Site location 56,623 56,623 56,623 56,623 56,623 372,770 655,885 Noncompetition agreements 101,200 90,366 46,100 1,400 - - 239,066 Technology 99,000 99,000 99,000 99,000 99,000 420,750 915,750 Trade names and trademarks 208,900 208,900 208,900 208,900 208,900 2,188,527 3,233,027 Total $ 4,611,636 $ 4,600,802 $ 4,556,536 $ 4,511,836 $ 4,497,428 $ 17,088,582 $ 39,866,820 Customer relationships 100 Permits, licenses, and lease acquisition costs 102 Site location 139 Noncompetition agreements 26 Technology 111 Trade names and trademarks 186

Note 8 - Investments, Includi_2

Note 8 - Investments, Including Investments Accounted for Using the Equity Method (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Investment [Table Text Block]	December 31, 2020 2019 Certificates of deposit $ 1,035,827 $ 987,599 Corporate bonds classified as trading 1,020,000 910,000 U.S. Treasury notes and corporate bond held to maturity 4,994,848 4,649,572 Total $ 7,050,675 $ 6,547,171 December 31, 2020 2019 U.S. Treasury securities, held to maturity $ 286,015 $ 1,094,983 Certificates of deposit - 380,753 Preferred stock 104,019 104,019 Non-voting preferred units of Dream Finders Holdings, LLC - 12,000,000 Non-voting common units of Dream Finders Holdings, LLC - 10,000,000 Yellowstone Acquisition Company warrants 4,786,263 - Voting common stock of CB&T Holding Corporation 19,058,485 19,058,485 Total $ 24,234,782 $ 42,638,240
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]	Gross Unrealized Fair Cost Gain (Loss) Value Marketable equity securities, December 31, 2020 $ 68,205,548 $ (4,169,066 ) $ 64,036,482 Marketable equity securities, December 31, 2019 $ 49,554,926 $ 6,353,001 $ 55,907,927 Gross Unrealized Fair Cost Gain Value U.S. Treasury trading securities, December 31, 2020 $ 37,766,133 $ 1,812 $ 37,767,945 U.S. Treasury securities available for sale, December 31, 2019 $ 75,488,863 $ (79,664 ) $ 75,409,199
Investments in and Advances to Affiliates [Table Text Block]	December 31, 2020 2019 Beginning of year $ 771,805 $ 568,713 Additional investments in unconsolidated affiliates 16,025,000 264,834 Distributions received (1,433,480 ) (541,108 ) Unrealized gain on initial investment in affiliate 5,074,587 - Sale of interest in affiliate (309,375 ) - Equity in income of unconsolidated affiliates 5,187,159 479,366 End of year $ 25,315,696 $ 771,805
Equity Method Investments [Table Text Block]	December 31, 2020 2019 Revenue $ 1,147,735,494 $ 19,374,109 Gross profit 176,953,564 6,731,623 Income from continuing operations 82,604,418 1,806,620 Net income 86,473,464 1,859,438

Note 9 - Fair Value (Tables)

Note 9 - Fair Value (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]	Total Carrying Quoted Prices Total Changes Amount in in Active in Fair Values Consolidated Markets for Included in Balance Sheet Identical Realized Gains Current Period Dec. 31, 2020 Assets and (Losses) Earnings (Loss) Marketable equity securities, U.S. Treasury trading securities, and corporate bonds $ 102,824,427 $ 102,824,427 $ 5,688,750 $ (10,402,013 )

Note 10 - Income Tax Benefit (T

Note 10 - Income Tax Benefit (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	December 31, 2020 2019 Income tax (provision) benefit: Current federal income tax expense (benefit) $ - $ 513,201 Current state income tax expense (benefit) - 161,781 Deferred federal income tax expense (benefit) - 1,470,099 Deferred state income tax expense (benefit) - 463,432 Total Income Tax Benefit Before Valuation Allowance - 2,608,513 Valuation allowance - (2,608,513 ) Deferred tax assets: Net operating loss carryforward - all as of December 31, 2019 $ - $ 8,576,397 Net operating loss carryforward - federal as of December 31, 2020 5,252,159 - Net operating loss carryforward - state as of December 31, 2020 1,825,565 - 2020 Tax credit carryforwards as of December 31, 2020 366,366 - Intangibles 47,731 - Lease liabilities 14,064,430 - Premium adjustments and IBNR 776,456 - Unrealized loss on securities 546,813 - Valuation allowance (6,616,758 ) (6,642,866 ) Net Deferred Tax Assets $ 16,262,762 $ 1,933,531 Deferred tax liabilities: Property and equipment $ (1,754,929 ) $ - Right of use assets (14,311,642 ) - Deferred acquisition costs (187,002 ) - Investment in unconsolidated subsidiaries (9,189 ) - Unrealized loss on securities - (1,732,696 ) Other - (200,835 ) Total Deferred Tax Liabilities (16,262,762 ) (1,933,531 ) Net Deferred Tax Assets/Liabilities $ - $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	For the Year Ended December 31, 2020 2019 Tax at statutory rate $ 95,715 $ - Increase (decrease): Permanent differences 5,422 - State income tax expense (benefit), net of federal income taxes 27,712 - Other (102,741 ) - Less: valuation allowance (26,108 ) - Income tax benefit $ - $ -

Note 11 - Asset Retirement Ob_2

Note 11 - Asset Retirement Obligations (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Change in Asset Retirement Obligation [Table Text Block]	Balance, January 1, 2019 1,824,419 Additions 85,294 Accretion expense 134,992 Liabilities settled - Balance, December 31, 2019 $ 2,044,705 Additions 96,864 Accretion expense 140,704 Liabilities settled - Balance, December 31, 2020 $ 2,282,273

Note 12 - Capital Stock (Tables

Note 12 - Capital Stock (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Share-based Payment Arrangement, Option, Activity [Table Text Block]	Shares Under Warrants Weighted Average Exercise Price Weighted Average Remaining Contractual Life (in years) Aggregate Intrinsic Value of Vested Warrants Outstanding as of January 1, 2019 105,556 $ 9.95 6.5 $ 1,419,728 Issued - Exercised - Expired - Outstanding as of December 31, 2019 105,556 $ 9.95 5.5 $ 1,170,616 Issued - Exercised - Expired - Outstanding as of December 31, 2020 105,556 $ 9.95 4.5 $ 1,868,341

Note 14 - Leases (Tables)

Note 14 - Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Lease, Cost [Table Text Block]	Year Ended Year Ended Ended Ended December 31, 2020 December 31, 2019 Statement of Operations Classification Lease cost $ 6,328,994 $ 5,989,314 Cost of billboard revenues and general and administrative Variable and short-term lease cost 467,797 1,019,486 Cost of billboard revenues and general and administrative Total Lease Cost $ 6,796,791 $ 7,008,800
Supplemental Cash Flow Information Related to Operating Leases [Table Text Block]	Year Ended Year Ended Ended Ended December 31, 2020 December 31, 2019 Cash payments for operating leases $ 6,211,256 $ 5,776,931 New operating lease assets obtained in exchange for operating lease liabilities $ 881,610 $ 6,551,279
Operating Lease Assets and Liabilities [Table Text Block]	December 31, 2020 December 31, 2019 Balance Sheet Classification Lease assets $ 52,849,492 $ 53,249,985 Other Assets: Right of use assets Current lease liabilities $ 4,354,664 $ 3,801,727 Current Liabilities: Lease liabilities Noncurrent lease liabilities 47,581,933 48,199,652 Long-term Liabilities: Lease liabilities Total Lease Liabilities $ 51,936,597 $ 52,001,379
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	December 31, 2020 2021 $ 6,553,589 2022 6,058,577 2023 5,682,235 2024 5,197,230 2025 4,909,502 Thereafter 49,903,069 Total lease payments 78,304,202 Less imputed interest (26,367,605 ) Present Value of Lease Liabilities $ 51,936,597

Note 15 - Industry Segments (Ta

Note 15 - Industry Segments (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Total Year Ended December 31, 2020 GIG LMH FIF Unallocated Consolidated Revenue $ 13,645,962 $ 28,260,964 $ 3,836,537 $ - $ 45,743,463 Segment gross profit 6,955,759 16,988,615 3,290,431 - 27,234,805 Segment (loss) income from operations (197,377 ) 607,542 388,960 (4,825,179 ) (4,026,054 ) Capital expenditures - 4,354,770 43,806,659 734,749 48,896,178 Depreciation and amortization 484,495 6,636,205 571,003 7,691,703 Total Year Ended December 31, 2019 GIG LMH FIF Unallocated Consolidated Revenue $ 12,959,971 $ 28,429,167 $ - $ - $ 41,389,138 Segment gross profit 6,669,753 17,108,018 - - 23,777,771 Segment loss from operations (2,216,421 ) (5,765,105 ) - (4,430,570 ) (12,412,096 ) Capital expenditures 46,868 11,728,650 - - 11,775,518 Depreciation and amortization 1,179,450 12,394,691 - - 13,574,141 Total As of December 31, 2020 GIG LMH FIF Unallocated Consolidated Accounts receivable, net $ 1,160,424 $ 2,633,711 $ 247,428 $ - $ 4,041,563 Goodwill 8,719,294 97,572,994 18,154,158 124,446,446 Total assets 54,536,523 219,607,150 48,496,371 187,013,841 509,653,885 Total As of December 31, 2019 GIG LMH FIF Unallocated Consolidated Accounts receivable, net $ 1,213,823 $ 2,976,720 $ - $ - $ 4,190,543 Goodwill 8,719,294 97,553,207 - - 106,272,501 Total assets 45,956,410 224,258,311 - 166,693,489 436,908,210

Note 16 - Reserves for Losses_2

Note 16 - Reserves for Losses and Loss Adjustment Expenses (Tables)	12 Months Ended
	Dec. 31, 2020
Notes Tables
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense [Table Text Block]	2020 2019 Losses and LAE at beginning of year $ 1,203,493 $ 360,514 Provision for losses and LAE claims arising in: Current year 2,221,844 1,590,858 Prior year 694,002 123,044 Total incurred 2,915,846 1,713,902 Losses and LAE payments for claims arising in: Current year 1,182,375 856,778 Prior years 444,630 14,145 Total payments 1,627,005 870,923 Losses and LAE at end of year $ 2,492,334 $ 1,203,493

Note 2 - Summary of Significa_3

Note 2 - Summary of Significant Accounting Policies (Details Textual)	Oct. 01, 2020USD ($)	Oct. 01, 2019USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Jan. 01, 2019USD ($)	Dec. 31, 2018USD ($)
Accounts Receivable, Allowance for Credit Loss, Current			$ 328,522	$ 127,635
Number of Reporting Units			4
Goodwill, Impairment Loss	$ 0	$ 0
Goodwill, Ending Balance			$ 124,446,446	106,272,501
Ceded Premiums Earned			595,750	726,764
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense, Total			0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total			0	0
Operating Lease, Liability, Total			51,936,597	52,001,379
Finite-Lived Intangible Assets, Net, Ending Balance			39,866,820
Off-Market Favorable Lease [Member]
Finite-Lived Intangible Assets, Net, Ending Balance						$ 811,709
Accounting Standards Update 2016-02 [Member]
Operating Lease, Liability, Total					$ 49,066,289
Prepaid Land Lease Assets					(1,945,820)
Accrued Rent					$ (1,316,000)
Tammy Lynn Outdoor, LLC, Key Outdoor, Inc and Waitt Outdoor, LLC [Member]
Goodwill, Ending Balance			$ 18,150,000	3,500,000
Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)			4 years
Finite-Lived Intangible Asset, Useful Life (Year)			2 years
Lessor, Operating Lease, Term of Contract (Month)			1 month
Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)			20 years
Finite-Lived Intangible Asset, Useful Life (Year)			50 years
Lessor, Operating Lease, Term of Contract (Month)			3 years
Billboard Rentals [Member]
Accounts Receivable, Allowance for Credit Loss, Current			$ 217,871	127,635
Revenue from Contract with Customer, Including Assessed Tax			28,260,964	28,429,167
Broadband Services [Member]
Accounts Receivable, Allowance for Credit Loss, Current			110,651
Revenue from Contract with Customer, Including Assessed Tax			3,836,537	0
Production Services [Member]
Revenue from Contract with Customer, Including Assessed Tax			$ 1,373,339	$ 1,341,995

Note 2 - Summary of Significa_4

Note 2 - Summary of Significant Accounting Policies - Property and Equipment (Details)	12 Months Ended
	Dec. 31, 2020
Minimum [Member]
Property and equipment, useful life (Year)	4 years
Maximum [Member]
Property and equipment, useful life (Year)	20 years
Structures [Member]
Property and equipment, useful life (Year)	15 years
Digital Displays and Electrical [Member]
Property and equipment, useful life (Year)	10 years
Static and Tri-vision Displays [Member] | Minimum [Member]
Property and equipment, useful life (Year)	10 years
Static and Tri-vision Displays [Member] | Maximum [Member]
Property and equipment, useful life (Year)	15 years
Fiber, Towers, and Broadband Equipment [Member] | Minimum [Member]
Property and equipment, useful life (Year)	5 years
Fiber, Towers, and Broadband Equipment [Member] | Maximum [Member]
Property and equipment, useful life (Year)	20 years
Vehicles, Equipment and Furniture [Member] | Minimum [Member]
Property and equipment, useful life (Year)	4 years
Vehicles, Equipment and Furniture [Member] | Maximum [Member]
Property and equipment, useful life (Year)	7 years

Note 2 - Summary of Significa_5

Note 2 - Summary of Significant Accounting Policies - Intangible Assets (Details)	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2020
Minimum [Member]
Finite-lived intangible assets, useful life (Year)		2 years
Maximum [Member]
Finite-lived intangible assets, useful life (Year)		50 years
Customer Relationships [Member]
Finite-lived intangible assets, useful life (Year)	10 years
Customer Relationships [Member] | Minimum [Member]
Finite-lived intangible assets, useful life (Year)		3 years
Customer Relationships [Member] | Maximum [Member]
Finite-lived intangible assets, useful life (Year)		10 years
Permits, Licenses and Lease Acquisition Costs [Member] | Minimum [Member]
Finite-lived intangible assets, useful life (Year)		10 years
Permits, Licenses and Lease Acquisition Costs [Member] | Maximum [Member]
Finite-lived intangible assets, useful life (Year)		50 years
Noncompetition and Nonsolicitation Agreements [Member] | Minimum [Member]
Finite-lived intangible assets, useful life (Year)		2 years
Noncompetition and Nonsolicitation Agreements [Member] | Maximum [Member]
Finite-lived intangible assets, useful life (Year)		5 years
Technology, Trade Names and Trademarks [Member] | Minimum [Member]
Finite-lived intangible assets, useful life (Year)		2 years
Technology, Trade Names and Trademarks [Member] | Maximum [Member]
Finite-lived intangible assets, useful life (Year)		20 years
Site Location [Member]
Finite-lived intangible assets, useful life (Year)		15 years

Note 3 - Restricted Cash - Sche

Note 3 - Restricted Cash - Schedule of Restricted Cash and Cash Equivalents (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Restricted cash	$ 280,269	$ 343,518
Cash and cash equivalents	43,543,778	16,028,514
Total Cash, Cash Equivalents, and Restricted Cash as Presented in the Consolidated Statements of Cash Flows	43,824,047	16,372,032	$ 18,143,839
Insurance Premium Escrow [Member]
Restricted cash	$ 280,269	$ 343,518

Note 4 - Accounts Receivable -

Note 4 - Accounts Receivable - Schedule of Receivables (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Allowance for doubtful accounts	$ (328,522)	$ (127,635)
Accounts receivable, net	4,041,563	4,190,543
Trade Accounts Receivable [Member]
Accounts receivable, gross	3,537,864	3,346,215
Premium [Member]
Accounts receivable, gross	$ 832,221	$ 971,963

Note 5 - Property and Equipme_3

Note 5 - Property and Equipment (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Depreciation, Total	$ 3,704,700	$ 3,102,168
Gain (Loss) on Disposition of Property Plant Equipment, Total	$ (199,555)	$ (223,890)

Note 5 - Property and Equipme_4

Note 5 - Property and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Accumulated depreciation	$ (10,382,442)	$ (6,731,459)
Total Property and Equipment, net	48,508,272	36,825,019
Structures and Displays [Member]
Property, plant and equipment, gross	42,858,525	41,320,458
Fiber, Towers, and Broadband Equipment [Member]
Property, plant and equipment, gross	11,358,650	0
Vehicles and Equipment [Member]
Property, plant and equipment, gross	2,522,810	1,245,210
Office Furniture and Equipment [Member]
Property, plant and equipment, gross	$ 2,150,729	$ 990,810

Note 6 - Business Acquisition_2

Note 6 - Business Acquisitions (Details Textual) - USD ($)	Dec. 29, 2020	Mar. 10, 2020	Oct. 01, 2019	Aug. 30, 2019	Dec. 31, 2020	Dec. 31, 2019
Payments to Acquire Businesses, Net of Cash Acquired, Total					$ 33,624,202	$ 7,473,891
Goodwill, Ending Balance					$ 124,446,446	106,272,501
Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)					4 years
Finite-Lived Intangible Asset, Useful Life (Year)					2 years
Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)					20 years
Finite-Lived Intangible Asset, Useful Life (Year)					50 years
Fiber, Towers, and Broadband Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)					5 years
Fiber, Towers, and Broadband Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)					20 years
Assets Acquired from Acquisition [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)					2 years
Assets Acquired from Acquisition [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)					20 years
FibAire Communications LLC [Member]
Business Combination, Consideration Transferred, Total		$ 13,712,491
Business Combination, Consideration Transferred, Percent, Cash		90.00%
Business Combination, Consideration Transferred, Percent, Equity		10.00%
Business Combination, Equity Issued, Percent Issued to Acquired Company		10.00%
Payments to Acquire Business, Held in Escrow		$ 1,851,186
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual					$ 3,772,109
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual					364,125
Business Combination, Acquisition Related Costs					287,934
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total					3,112,459
Goodwill, Ending Balance					7,124,158
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other					$ 91,095
FibAire Communications LLC [Member] | Customer Relationships and Permits [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					10 years
FibAire Communications LLC [Member] | Trademarks and Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life (Year)					20 years
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total					$ 970,000
Utah Broadband, LLC [Member]
Business Combination, Consideration Transferred, Total	$ 26,603,700
Business Combination, Consideration Transferred, Percent, Cash	80.00%
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual					64,428
Business Combination, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual					21,340
Business Combination, Acquisition Related Costs					$ 352,998
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total						6,170,000
Goodwill, Ending Balance						11,030,000
Utah Broadband, LLC [Member] | Equity of FIF Utah [Member]
Business Combination, Consideration Transferred, Percent, Equity	20.00%
Utah Broadband, LLC [Member] | Trademarks and Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total						$ 1,910,000
Utah Broadband, LLC [Member] | Fiber, Towers, and Broadband Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)					5 years
Utah Broadband, LLC [Member] | Fiber, Towers, and Broadband Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)					20 years
Image Outdoor Advertising, LLC [Member]
Business Combination, Consideration Transferred, Total				$ 7,625,604
Payments to Acquire Businesses, Net of Cash Acquired, Total				$ 6,915,501
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares (in shares)				34,673
Business Combination, Amount Held Back and Disbursed				$ 398,750
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total				1,544,970
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total				3,152,000
Goodwill, Ending Balance				3,058,633
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other				$ 129,999
Bilboards in Missouri [Member]
Business Combination, Consideration Transferred, Total			$ 1,337,685
Business Combination, Amount Held Back and Disbursed			$ 380,546

Note 6 - Business Acquisition_3

Note 6 - Business Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Goodwill, Ending Balance	$ 124,446,446	$ 106,272,501
FibAire Communications LLC [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total	3,112,459
Goodwill, Ending Balance	7,124,158
Right of use assets	337,966
Other	184,737
Total Assets Acquired	14,459,320
Accounts payable and deferred revenue	317,768
Lease liabilities	337,966
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	91,095
Total Liabilities Assumed	746,829
Total	13,712,491
FibAire Communications LLC [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	1,480,000
FibAire Communications LLC [Member] | Permits [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	260,000
FibAire Communications LLC [Member] | Trademarks and Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	970,000
FibAire Communications LLC [Member] | Computer Software, Intangible Asset [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	$ 990,000
Utah Broadband, LLC [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment, Total		6,170,000
Goodwill, Ending Balance		11,030,000
Right of use assets		3,226,355
Other		201,000
Total Assets Acquired		30,267,355
Accounts payable and deferred revenue		437,300
Lease liabilities		3,226,355
Total Liabilities Assumed		3,663,655
Total		26,603,700
Utah Broadband, LLC [Member] | Customer Relationships [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		7,400,000
Utah Broadband, LLC [Member] | Permits [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		330,000
Utah Broadband, LLC [Member] | Trademarks and Trade Names [Member]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total		$ 1,910,000

Note 6 - Business Acquisition_4

Note 6 - Business Acquisitions - Pro Forma Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 55,925,700	$ 55,824,936
Net Income Attributable to Common Stockholders	$ 2,933,789	$ 1,775,851
Basic and Diluted Net Income per Share (in dollars per share)	$ 0.11	$ 0.08
Shares Outstanding (in shares)	25,738,225	22,801,394

Note 7 - Intangible Assets (Det

Note 7 - Intangible Assets (Details Textual) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2020	Dec. 31, 2019
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total		$ 496,464	$ (1,481,265)
Earnings Per Share, Basic and Diluted, Total (in dollars per share)		$ 0.02	$ (0.07)
Amortization, Total		$ 3,987,003	$ 10,471,973
Customer Relationships [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	10 years
Customer Relationships [Member] | Intangible Assets, Amortization Period [Member]
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	$ 2,124,125
Earnings Per Share, Basic and Diluted, Total (in dollars per share)	$ 0.09

Note 7 - Intangible Assets - Sc

Note 7 - Intangible Assets - Schedule of Intangible Assets (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Accumulated amortization	$ (24,160,885)	$ (20,173,881)
Balance	39,866,820
Total, cost	68,534,794	52,445,462
Intangible assets, net	44,373,909	32,271,581
Easements [Member]
Accumulated amortization	0	0
Balance	4,507,089	2,032,494
Customer Relationships [Member]
Cost	46,740,483	37,743,900
Accumulated amortization	(20,558,751)	(17,890,487)
Balance	26,181,732	19,853,413
Permits, Licenses and Lease Acquisition Costs [Member]
Cost	11,053,673	10,305,521
Accumulated amortization	(2,412,313)	(1,443,337)
Balance	8,641,360	8,862,184
Site Location [Member]
Cost	849,347	849,347
Accumulated amortization	(193,462)	(136,839)
Balance	655,885	712,508
Noncompete Agreements [Member]
Cost	626,000	626,000
Accumulated amortization	(386,934)	(269,318)
Balance	239,066	356,682
Technology-Based Intangible Assets [Member]
Cost	1,128,000	138,000
Accumulated amortization	(212,250)	(138,000)
Balance	915,750	0
Trademarks and Trade Names [Member]
Cost	3,602,202	722,200
Accumulated amortization	(369,175)	(267,900)
Balance	3,233,027	454,300
Nonsolicitation Agreement [Member]
Cost	28,000	28,000
Accumulated amortization	(28,000)	(28,000)
Balance	$ 0	$ 0

Note 7 - Intangible Assets - _2

Note 7 - Intangible Assets - Schedule of Future Amortization, Intangible Assets (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2020
2021		$ 4,611,636
2022		4,600,802
2023		4,556,536
2024		4,511,836
2025		4,497,428
Thereafter		17,088,582
Total		39,866,820
Customer Relationships [Member]
2021		3,132,966
2022		3,132,966
2023		3,132,966
2024		3,132,966
2025		3,132,966
Thereafter		10,516,902
Total	$ 19,853,413	$ 26,181,732
Finite-lived intangible assets, useful life (Year)	10 years
Customer Relationships [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		100 months
Permits, Licenses and Lease Acquisition Costs [Member]
2021		$ 1,012,947
2022		1,012,947
2023		1,012,947
2024		1,012,947
2025		999,939
Thereafter		3,589,633
Total	$ 8,862,184	$ 8,641,360
Permits, Licenses and Lease Acquisition Costs [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		102 months
Site Location [Member]
2021		$ 56,623
2022		56,623
2023		56,623
2024		56,623
2025		56,623
Thereafter		372,770
Total	712,508	$ 655,885
Finite-lived intangible assets, useful life (Year)		15 years
Site Location [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		139 months
Noncompete Agreements [Member]
2021		$ 101,200
2022		90,366
2023		46,100
2024		1,400
2025		0
Thereafter		0
Total	356,682	$ 239,066
Noncompete Agreements [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		26 months
Technology-Based Intangible Assets [Member]
2021		$ 99,000
2022		99,000
2023		99,000
2024		99,000
2025		99,000
Thereafter		420,750
Total	0	$ 915,750
Technology-Based Intangible Assets [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		111 months
Trademarks and Trade Names [Member]
2021		$ 208,900
2022		208,900
2023		208,900
2024		208,900
2025		208,900
Thereafter		2,188,527
Total	$ 454,300	$ 3,233,027
Trademarks and Trade Names [Member] | Weighted Average [Member]
Finite-lived intangible assets, useful life (Year)		186 months

Note 8 - Investments, Includi_3

Note 8 - Investments, Including Investments Accounted for Using the Equity Method (Details Textual) - USD ($)	Nov. 16, 2020	Oct. 26, 2020	Sep. 24, 2020	May 31, 2018	Dec. 31, 2017	May 31, 2019	Jan. 31, 2018	May 01, 2021	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 01, 2020	Dec. 31, 2018
Gain (Loss) on Sale of Investments, Total											$ 5,701,909	$ 572,181
Proceeds from Redemption of Preferred Units											12,000,000	0
Payments to Acquire Equity Method Investments											$ 5,715,625	$ 264,834
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)									$ 9.95		$ 9.95	$ 9.95		$ 9.95
Proceeds from Sale of Equity Method Investments											$ 309,375	$ 0
Equity Method Investment, Gain (Loss) on Remeasurement											5,074,587	$ 0
Dream Finders Holdings, LLC [Member] | Term Loan Receivable [Member]
Notes Receivable, Related Parties									$ 20,000,000		$ 20,000,000
Note Receivable, Interest Rate									14.00%		14.00%
Dream Finders Holdings, LLC [Member] | Term Loan Receivable [Member] | Forecast [Member]
Note Receivable, Monthly Payments								$ 5,000,000
Common Class B [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)									$ 1		$ 1	$ 1
BOC Yellowstone LLC [Member] | BOC Yellowstone II LLC [Member]
Number of Investee's Shares Transferred to Related Party for No Consideration (in shares)	206,250
Yellowstone Acquisition Company [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)			$ 0.0001
Proceeds from Issuance Initial Public Offering		$ 125,000,000
Yellowstone Acquisition Company [Member] | Private Placement Warrants [Member]
Number of Warrants Called by Each Unit (in shares)		1.5
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)		1							1		1
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)		$ 11.50							$ 11.50		$ 11.50		$ 11.50
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)		7,500,000											219,779
Price of Warrant (in dollars per share)		$ 1							$ 1		$ 1		$ 1
Proceeds from Issuance of Warrants		$ 7,500,000
Yellowstone Acquisition Company [Member] | IPO [Member]
Number of Units Issued (in shares)		12,500,000
Number of Securities Called by Each Unit (in shares)		1
Sale of Unit, Price Per Unit (in dollars per share)		$ 10
Yellowstone Acquisition Company [Member] | Common Class B [Member]
Shares, Outstanding, Ending Balance (in shares)									3,399,724		3,399,724
Yellowstone Acquisition Company [Member] | Common Class B [Member] | IPO [Member]
Common Stock, Par or Stated Value Per Share (in dollars per share)		$ 0.0001
Unconsolidated Affiliates [Member]
Equity Method Investments									$ 6,687,707		$ 6,687,707
Unconsolidated Affiliates [Member] | Minimum [Member]
Equity Method Investment, Ownership Percentage									5.60%		5.60%
Unconsolidated Affiliates [Member] | Maximum [Member]
Equity Method Investment, Ownership Percentage									30.00%		30.00%
The 24th Street Fund I, LLC [Member]
Payments to Acquire Equity Method Investments											$ 6,000,000
Yellowstone Acquisition Company [Member] | Unrealized Gain (Loss) on Securities [Member]
Equity Method Investment, Gain (Loss) on Remeasurement											5,074,587
Yellowstone Acquisition Company [Member] | BOC Yellowstone LLC [Member]
Payments to Acquire Equity Method Investments			$ 25,000
Number of Affiliate's Shares Acquired (in shares)			5,750,000
Number of Affiliate's Shares Surrendered for No Consideration (in shares)									2,350,276
BOC Yellowstone II LLC [Member] | BOC Yellowstone LLC [Member]
Proceeds from Sale of Equity Method Investments	$ 309,375
Breezeway Homes Inc. [Member]
Preferred Stock, Dividend Rate, Per-Dollar-Amount (in dollars per share)							$ 2,665
Lead Investor in Yellowstone’s IPO [Member] | BOC Yellowstone LLC [Member]
Number of Investee's Shares Agreed to Transfer Upon Business Combination (in shares)	206,250
Preferred Stock [Member] | Breezeway Homes Inc. [Member]
Debt Conversion, Converted Instrument, Shares Issued (in shares)							31,227
US Treasury Notes Securities [Member]
Gain (Loss) on Sale of Investments, Total											13,159
Voting Common Stock of Privately Held Company CB&T Holding Corporation [Member]
Payments to Acquire Long-term Investments				$ 19,058,485
Cost Method Investment, Ownership Percentage				14.99%
Non-voting Common Units of LLC [Member]
Payments to Acquire Long-term Investments					$ 10,000,000
Cost Method Investment, Ownership Percentage					5.60%
Non-voting Preferred Units of DFH LLC [Member]
Payments to Acquire Long-term Investments						$ 12,000,000
Mandatory Preferred Return, Percent						14.00%
Percent of Preferred Units Convertible to Non-voting Common Units						25.00%
Proceeds from Redemption of Preferred Units										$ 12,000,000
Equity Investments [Member]
Other than Temporary Impairment Losses, Investments, Total											$ 0	$ 0

Note 8 - Investments, Includi_4

Note 8 - Investments, Including Investments Accounted for Using the Equity Method - Schedule of Investments (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Short-term Investments	$ 7,050,675	$ 6,547,171
Long-term investments	24,234,782	42,638,240
Certificates of Deposit [Member]
Short-term Investments	1,035,827	987,599
Long-term investments	0	380,753
US Treasury Securities [Member]
Long-term investments	286,015	1,094,983
Corporate Bond Securities [Member]
Short-term Investments	1,020,000	910,000
U.S. Treasury Notes and Corporate Bonds [Member]
Short-term Investments	4,994,848	4,649,572
Preferred Stock [Member]
Long-term investments	104,019	104,019
Non-voting Preferred Units of DFH LLC [Member]
Long-term investments	0	12,000,000
Non-voting Common Units of LLC [Member]
Long-term investments	0	10,000,000
Yellowstone Acquisition Company Warrants [Member]
Long-term investments	4,786,263	0
Voting Common Stock of Privately Held Company CB&T Holding Corporation [Member]
Long-term investments	$ 19,058,485	$ 19,058,485

Note 8 - Investments, Includi_5

Note 8 - Investments, Including Investments Accounted for Using the Equity Method - Marketable Equity Securities and Trading Securities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Marketable equity securities, Cost	$ 68,205,548	$ 49,554,926
Marketable equity securities, Gross Unrealized Gain (Loss)	(4,169,066)	6,353,001
Marketable equity securities	64,036,482	55,907,927
U.S. Treasury trading securities, fair value	37,767,945	75,409,199
US Treasury Notes Securities [Member]
U.S. Treasury trading securities, cost	37,766,133	75,488,863
U.S. Treasury trading securities, gross unrealized gain (loss)	1,812	(79,664)
U.S. Treasury trading securities, fair value	$ 37,767,945	$ 75,409,199

Note 8 - Investments, Includi_6

Note 8 - Investments, Including Investments Accounted for Using the Equity Method - Reconciliation of the Company's Investments in Equity Affiliates (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Beginning of year	$ 771,805	$ 568,713
Additional investments in unconsolidated affiliates	16,025,000	264,834
Distributions received	(1,433,480)	(541,108)
Unrealized gain on initial investment in affiliate	5,074,587	0
Sale of interest in affiliate	(309,375)	0
Equity in income of unconsolidated affiliates	5,187,159	479,366
End of year	$ 25,315,696	$ 771,805

Note 8 - Investments, Includi_7

Note 8 - Investments, Including Investments Accounted for Using the Equity Method - Summarized Financial Data (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 45,743,463	$ 41,389,138
Gross profit	27,234,805	23,777,771
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	496,464	(1,481,265)
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]
Revenue	1,147,735,494	19,374,109
Gross profit	176,953,564	6,731,623
Income from continuing operations	82,604,418	1,806,620
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	$ 86,473,464	$ 1,859,438

Note 9 - Fair Value (Details Te

Note 9 - Fair Value (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 01, 2020	Oct. 26, 2020	Dec. 31, 2018
Long-term Debt, Fair Value	$ 23,839,007
Long-term Debt, Total	23,057,650
Payments to Acquire Affiliate's Warrants	$ 7,719,779	$ 0
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 9.95	$ 9.95			$ 9.95
Yellowstone Acquisition Company Warrants [Member] | Unrealized Gain (Loss) on Securities [Member]
Unrealized Gain (Loss) on Derivatives	$ (2,933,516)
BOC Yellowstone LLC [Member] | Yellowstone Acquisition Company Warrants [Member]
Payments to Acquire Affiliate's Warrants	$ 7,719,779
Yellowstone Acquisition Company [Member] | Private Placement Warrants [Member]
Price of Warrant (in dollars per share)	$ 1		$ 1	$ 1
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right (in shares)	1			1
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 11.50		$ 11.50	$ 11.50

Note 9 - Fair Value - Fair Valu

Note 9 - Fair Value - Fair Values for Investments (Details)	12 Months Ended
	Dec. 31, 2020USD ($)
Realized gains and (losses)	$ 5,688,750
Marketable equity securities, U.S. Treasury trading securities, and corporate bonds	(10,402,013)
Reported Value Measurement [Member]
Marketable equity securities, securities available for sale and corporate bonds	102,824,427
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Marketable equity securities, securities available for sale and corporate bonds	$ 102,824,427

Note 10 - Income Tax Benefit (D

Note 10 - Income Tax Benefit (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2018
Domestic Tax Authority [Member]
Operating Loss Carryforwards, Total	$ 25	$ 10.8
Reduction of Operating Loss Carryforward, Tax Audit	$ 1.3
Open Tax Year	2017 2018 2019 2020
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Total	$ 30
Open Tax Year	2017 2018 2019 2020

Note 10 - Income Tax Benefit -

Note 10 - Income Tax Benefit - Components of Income Tax (Provision) Benefit (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Current federal income tax expense (benefit)	$ 0	$ 513,201
Current state income tax expense (benefit)	0	161,781
Deferred federal income tax expense (benefit)	0	1,470,099
Deferred state income tax expense (benefit)	0	463,432
Total Income Tax Benefit Before Valuation Allowance	0	2,608,513
Valuation allowance	0	(2,608,513)
Net operating loss carryforward - all as of December 31, 2019	0	8,576,397
Net operating loss carryforward - federal as of December 31, 2020	5,252,159	0
Net operating loss carryforward - state as of December 31, 2020	1,825,565	0
2020 Tax credit carryforwards as of December 31, 2020	366,366	0
Intangibles	47,731	0
Lease liabilities	14,064,430	0
Premium adjustments and IBNR	776,456	0
Unrealized loss on securities	546,813	0
Valuation allowance	(6,616,758)	(6,642,866)
Net Deferred Tax Assets	16,262,762	1,933,531
Property and equipment	(1,754,929)	0
Right of use assets	(14,311,642)	0
Deferred acquisition costs	(187,002)	0
Investment in unconsolidated subsidiaries	(9,189)	0
Unrealized loss on securities	0	(1,732,696)
Other	0	(200,835)
Total Deferred Tax Liabilities	(16,262,762)	(1,933,531)
Net Deferred Tax Assets/Liabilities	$ 0	$ 0

Note 10 - Income Tax Benefit _2

Note 10 - Income Tax Benefit - Reconciliation of Income Tax Provision (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Tax at statutory rate	$ 95,715	$ 0
Permanent differences	5,422	0
State income tax expense (benefit), net of federal income taxes	27,712	0
Other	(102,741)	0
Less: valuation allowance	(26,108)	0
Income tax benefit	$ 0	$ 0

Note 11 - Asset Retirement Ob_3

Note 11 - Asset Retirement Obligations - Asset Retirement Obligations (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Balance	$ 2,044,705	$ 1,824,419
Additions	96,864	85,294
Accretion expense	140,704	134,992
Liabilities settled	0	0
Balance	$ 2,282,273	$ 2,044,705

Note 12 - Capital Stock (Detail

Note 12 - Capital Stock (Details Textual) - USD ($)	Jun. 02, 2020	May 28, 2020	Dec. 31, 2020	Sep. 30, 2020	Dec. 31, 2019	Jun. 30, 2020	Aug. 20, 2019	Dec. 31, 2020	Dec. 31, 2019	Aug. 20, 2019	Mar. 18, 2020	Aug. 13, 2019	Dec. 31, 2018	Feb. 28, 2018
Proceeds from Issuance of Common Stock								$ 59,549,751	$ 32,204,732
Payments of Stock Issuance Costs								$ 3,428,355	$ 1,023,490
Class of Warrant or Right, Outstanding (in shares)			105,556		105,556			105,556	105,556				105,556
Warrants for Common Class B Stock [Member]
Class of Warrant or Right, Outstanding (in shares)			104,772					104,772
Warrants for Common Class A Stock [Member]
Class of Warrant or Right, Outstanding (in shares)			784					784
Common Class A [Member]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased (in shares)											20,000,000
Stock Repurchased During Period, Shares (in shares)								0
Common Class A [Member] | Shelf Registration [Member]
Sale of Stock, Shelf Registration, Value, Available to Issue														$ 200,000,000
Sale of Stock, Shelf Registration, Value, Incremental Amount Available to Issue														$ 50,000,000
Stock Issued During Period, Shares, New Issues (in shares)			0	0	448,880	40,455
Proceeds from Issuance of Common Stock					$ 9,450,789	$ 669,751
Proceeds from Issuance of Common Stock, Net					9,122,227
Payments of Stock Issuance Costs					$ 328,562
Common Class A [Member] | Shelf Registration [Member] | Cowen and Company LLC [Member]
Sale of Stock, Shelf Registration, Value, Available to Issue												$ 75,000,000
Compensation, Percentage of Common Stock Sales												3.00%		3.00%
Stock Issued During Period, Shares, New Issues (in shares)							942,223			2,141,452
Proceeds from Issuance of Common Stock							$ 22,753,943			$ 49,999,625
Proceeds from Issuance of Common Stock, Net							22,059,015
Payments of Stock Issuance Costs							$ 694,928
Common Class A [Member] | Underwriting Agreement [Member]
Stock Issued During Period, Shares, New Issues (in shares)	3,680,000
Proceeds from Issuance of Common Stock	$ 58,900,000
Share Offering, Number of Shares Authorized (in shares)		3,200,000
Share Price (in dollars per share)		$ 16
Stock Option, Exercisable, Remaining Contractual Term (Day)		30 days
Stock Option, Number of Securities Called by Each Stock Option (in shares)		480,000
Common Class A [Member] | Underwriting Agreement [Member] | Adam Peterson and Alex Rozek, a Board Member, and Employee [Member]
Stock Issued During Period, Shares, New Issues (in shares)		39,375

Note 12 - Capital Stock - Summa

Note 12 - Capital Stock - Summary of Warrant Activity (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Outstanding (in shares)	105,556	105,556
Outstanding, weighted average exercise price (in dollars per share)	$ 9.95	$ 9.95
Outstanding, weighted average remaining contractual life (Year)	4 years 6 months	5 years 6 months	6 years 6 months
Outstanding, aggregate intrinsic value of vested warrants	$ 1,868,341	$ 1,170,616	$ 1,419,728
Issued (in shares)	0	0
Exercised (in shares)	0	0
Expired (in shares)	0	0
Outstanding (in shares)	105,556	105,556	105,556
Outstanding, weighted average exercise price (in dollars per share)	$ 9.95	$ 9.95	$ 9.95

Note 13 - Long-term Debt (Detai

Note 13 - Long-term Debt (Details Textual)	Aug. 12, 2019USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2021	Dec. 31, 2019USD ($)
Long-term Debt, Total		$ 23,057,650
Long-term Debt, Current Maturities, Total		1,282,504		$ 504,170
Long-Term Debt, Maturity, Year One		1,282,504
Long-Term Debt, Maturity, Year Two		1,236,787
Long-Term Debt, Maturity, Year Three		1,288,398
Long-Term Debt, Maturity, Year Four		1,339,956
Long-Term Debt, Maturity, Year Five		1,398,138
Long-Term Debt, Maturity, after Year Five		16,511,867
First National Bank of Omaha [Member]
Long-term Line of Credit, Total		$ 0
Minimum Consolidated Leverage Ratio Requirement		3.25		3.50
Consolidated Fixed Charge Ratio Requirement		1.15
First National Bank of Omaha [Member] | Forecast [Member]
Minimum Consolidated Leverage Ratio Requirement			3
First National Bank of Omaha [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 5,000,000
First National Bank of Omaha [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.00%
First National Bank of Omaha [Member] | Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	2.50%
First National Bank of Omaha [Member] | Term Loan [Member]
Debt Instrument, Face Amount	$ 23,560,000
Long-term Debt, Total		$ 23,057,650
Long-term Debt, Current Maturities, Total		1,282,504
First National Bank of Omaha [Member] | Term Loan 1 [Member]
Long-term Debt, Total		$ 18,060,000
Debt Instrument, Term (Year)		15 years
Debt Instrument, Interest Rate, Stated Percentage		4.25%
First National Bank of Omaha [Member] | Term Loan 2 [Member]
Long-term Debt, Total		$ 5,500,000
Debt Instrument, Interest Rate, Stated Percentage		3.375%

Note 14 - Leases (Details Textu

Note 14 - Leases (Details Textual)	Dec. 31, 2020
Operating Lease, Weighted Average Remaining Lease Term (Year)	17 years 7 months 20 days
Operating Lease, Weighted Average Discount Rate, Percent	4.84%

Note 14 - Leases - Operating Le

Note 14 - Leases - Operating Lease Cost (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Lease cost	$ 6,328,994	$ 5,989,314
Variable and short-term lease cost	467,797	1,019,486
Total Lease Cost	$ 6,796,791	$ 7,008,800

Note 14 - Leases - Supplemental

Note 14 - Leases - Supplemental Cash Flow Information Related to Operating Leases (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Cash payments for operating leases	$ 6,211,256	$ 5,776,931
New operating lease assets obtained in exchange for operating lease liabilities	$ 881,610	$ 6,551,279

Note 14 - Leases - Operating _2

Note 14 - Leases - Operating Lease Assets and Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Lease assets	$ 52,849,492	$ 53,249,985
Current lease liabilities	4,354,664	3,801,727
Noncurrent lease liabilities	47,581,933	48,199,652
Total Lease Liabilities	$ 51,936,597	$ 52,001,379

Note 14 - Leases - Maturity of

Note 14 - Leases - Maturity of Operating Lease Liabilities (Details) - USD ($)	Dec. 31, 2020	Dec. 31, 2019
2021	$ 6,553,589
2022	6,058,577
2023	5,682,235
2024	5,197,230
2025	4,909,502
Thereafter	49,903,069
Total lease payments	78,304,202
Less imputed interest	(26,367,605)
Present Value of Lease Liabilities	$ 51,936,597	$ 52,001,379

Note 15 - Industry Segments - S

Note 15 - Industry Segments - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Revenue	$ 45,743,463	$ 41,389,138
Segment gross profit	27,234,805	23,777,771
Segment (loss) income from operations	(4,026,054)	(12,412,096)
Capital expenditures	48,896,178	11,775,518
Depreciation and amortization	7,691,703	13,574,141
Accounts receivable, net	4,041,563	4,190,543
Goodwill	124,446,446	106,272,501
Total assets	509,653,885	436,908,210
Operating Segments [Member] | GIG [Member]
Revenue	13,645,962	12,959,971
Segment gross profit	6,955,759	6,669,753
Segment (loss) income from operations	(197,377)	(2,216,421)
Capital expenditures	0	46,868
Depreciation and amortization	484,495	1,179,450
Accounts receivable, net	1,160,424	1,213,823
Goodwill	8,719,294	8,719,294
Total assets	54,536,523	45,956,410
Operating Segments [Member] | LMH [Member]
Revenue	28,260,964	28,429,167
Segment gross profit	16,988,615	17,108,018
Segment (loss) income from operations	607,542	(5,765,105)
Capital expenditures	4,354,770	11,728,650
Depreciation and amortization	6,636,205	12,394,691
Accounts receivable, net	2,633,711	2,976,720
Goodwill	97,572,994	97,553,207
Total assets	219,607,150	224,258,311
Operating Segments [Member] | FIF [Member]
Revenue	3,836,537	0
Segment gross profit	3,290,431	0
Segment (loss) income from operations	388,960	0
Capital expenditures	43,806,659	0
Depreciation and amortization	571,003	0
Accounts receivable, net	247,428	0
Goodwill	18,154,158	0
Total assets	48,496,371	0
Segment Reconciling Items [Member]
Revenue	0	0
Segment gross profit	0	0
Segment (loss) income from operations	(4,825,179)	(4,430,570)
Capital expenditures	734,749	0
Depreciation and amortization		0
Accounts receivable, net	0	0
Goodwill		0
Total assets	$ 187,013,841	$ 166,693,489

Note 16 - Reserves for Losses_3

Note 16 - Reserves for Losses and Loss Adjustment Expenses (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Liability for Unpaid Claims and Claims Adjustment Expense, Claims Paid, Prior Years	$ 444,630	$ 14,145
Liability for Unpaid Claims and Claims Adjustment Expense, Favorable Development, Prior Years	168,846	223,137
Prior Year Claims and Claims Adjustment Expense	694,002	123,044
Reinsurance Recoverable for Unpaid Claims and Claims Adjustments, Ending Balance	$ 100,620	$ 120,000

Note 16 - Reserves for Losses_4

Note 16 - Reserves for Losses and Loss Adjustment Expenses - Reserves Balance for Losses and Loss Adjustment Expenses (Details) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Losses and LAE at beginning of year	$ 1,203,493	$ 360,514
Provision for losses and LAE claims arising in current year	2,221,844	1,590,858
Provision for losses and LAE claims arising in prior year	694,002	123,044
Provision for losses and LAE claims arising in total incurred	2,915,846	1,713,902
Losses and LAE payments for claims arising in current year	1,182,375	856,778
Losses and LAE payments for claims arising in prior years	444,630	14,145
Losses and LAE payments for claims arising in total payments	1,627,005	870,923
Losses and LAE at end of year	$ 2,492,334	$ 1,203,493

Note 17 - Custodial Risk (Detai

Note 17 - Custodial Risk (Details Textual)	Dec. 31, 2020USD ($)
Cash, Uninsured Amount	$ 50,117,343

Note 18 - Subsequent Events (De

Note 18 - Subsequent Events (Details Textual) - USD ($)	Jan. 26, 2021	Jan. 25, 2021	Jan. 20, 2021	Mar. 29, 2021	Dec. 31, 2020	Dec. 31, 2019
Equity Securities, FV-NI					$ 64,036,482	$ 55,907,927
Subsequent Event [Member]
Proceeds from Sale of Debt and Equity Securities, FV-NI, Held-for-investment				$ 34,600,000
Subsequent Event [Member] | Thomas Outdoors, LLC [Member]
Payments to Acquire Productive Assets, Total	$ 6,102,508
Subsequent Event [Member] | Dream Finders Homes, Inc. [Member]
Proceeds from Collection of Notes Receivable		$ 20,567,776
Subsequent Event [Member] | DFH Class A Common Stock [Member]
Equity Securities, FV-NI, Shares, Acquired from Conversion (in shares)			4,681,099
Equity Securities, FV-NI, Shares, Purchase (in shares)			120,000
Equity Securities, FV-NI, Shares, Purchase, Price Per Share (in dollars per share)			$ 13
Subsequent Event [Member] | DFH Class A Common Stock [Member] | Minimum [Member]
Equity Securities, FV-NI			$ 111,000,000
Dream Finders Homes, Inc. [Member] | IPO [Member] | Common Class A [Member] | Subsequent Event [Member]
Stock Issued During Period, Shares, New Issues (in shares)			9,600,000
Shares Issued, Price Per Share (in dollars per share)			$ 13