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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
CURRENT ASSETS:    
Cash $ 5,280,890 $ 1,584,769
Receivables, Net of Allowance for Doubtful Accounts of $113,000 and $113,000 3,375,469 3,977,322
Income Taxes Receivable 305,751
Materials, Supplies, and Inventories 2,378,981 2,581,389
Prepaid Expenses and Other Current Assets 1,148,196 770,589
Total Current Assets 12,183,536 9,219,820
INVESTMENTS & OTHER ASSETS:    
Goodwill 49,903,029 49,903,029
Intangibles 26,578,077 27,409,020
Other Investments 9,307,502 9,170,093
Deferred Charges and Other Assets 642,917 21,481
Total Investments and Other Assets 86,431,525 86,503,623
PROPERTY, PLANT & EQUIPMENT:    
Telecommunications Plant 154,045,023 153,138,295
Other Property & Equipment 21,959,739 21,705,180
Video Plant 10,599,697 10,541,648
Total Property, Plant and Equipment 186,604,459 185,385,123
Less Accumulated Depreciation 122,843,136 120,877,227
Net Property, Plant & Equipment 63,761,323 64,507,896
TOTAL ASSETS 162,376,384 160,231,339
CURRENT LIABILITIES:    
Current Portion of Long-Term Debt, Net of Unamortized Loan Fees 5,662,757 4,511,844
Accounts Payable 2,453,027 3,060,987
Accrued Income Taxes 248,698
Other Accrued Taxes 291,555 229,128
Deferred Compensation 54,707 55,201
Accrued Compensation 2,524,643 2,315,976
Other Accrued Liabilities 666,577 767,615
Total Current Liabilities 11,901,964 10,940,751
LONG-TERM DEBT, Net of Unamortized Loan Fees 55,947,168 57,084,130
NONCURRENT LIABILITIES:    
Loan Guarantees 314,502 254,383
Deferred Income Taxes 16,094,580 16,140,789
Other Accrued Liabilities 695,766 234,587
Financial Derivative Instruments 569,153 407,250
Deferred Compensation 567,061 573,971
Total Noncurrent Liabilities 18,241,062 17,610,980
COMMITMENTS AND CONTINGENCIES:
STOCKHOLDERS' EQUITY:    
Preferred Stock - $1.66 Par Value, 10,000,000 Shares Authorized, None Issued
Common Stock - $1.66 Par Value, 90,000,000 Shares Authorized, 5,181,249 and 5,175,258 Shares Issued and Outstanding 8,635,415 8,625,430
Accumulated Other Comprehensive Loss (406,717) (291,021)
Unearned Compensation 99,896 79,784
Retained Earnings 67,957,596 66,181,285
Total Stockholders' Equity 76,286,190 74,595,478
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 162,376,384 $ 160,231,339