CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Mar. 31, 2018	Dec. 31, 2017
CURRENT ASSETS:
Cash	$ 3,201,992	$ 1,842,092
Receivables, Net of Allowance for Doubtful Accounts of $73,000 and $83,000	1,613,778	1,944,501
Materials, Supplies, and Inventories	1,842,060	2,075,199
Financial Derivative Instruments	22,579	28,178
Prepaid Expenses	1,162,483	823,310
Total Current Assets	7,842,892	6,713,280
INVESTMENTS & OTHER ASSETS:
Goodwill	39,805,349	39,805,349
Intangibles	15,668,385	16,257,156
Other Investments	7,697,574	7,521,389
Deferred Charges and Other Assets	48,368	52,596
Total Investments and Other Assets	63,219,676	63,636,490
PROPERTY, PLANT & EQUIPMENT:
Telecommunications Plant	128,206,890	127,634,435
Other Property & Equipment	18,587,969	17,750,364
Video Plant	10,477,052	10,440,379
Total Property, Plant and Equipment	157,271,911	155,825,178
Less Accumulated Depreciation	115,484,070	113,875,345
Net Property, Plant & Equipment	41,787,841	41,949,833
TOTAL ASSETS	112,850,409	112,299,603
CURRENT LIABILITIES:
Current Portion of Long-Term Debt, Net of Unamortized Loan Fees	3,315,822	3,315,822
Accounts Payable	1,474,451	2,079,470
Accrued Income Taxes	1,008,137	676,508
Other Accrued Taxes	211,682	166,249
Deferred Compensation	56,712	57,216
Accrued Compensation	2,015,241	1,825,761
Other Accrued Liabilities	469,772	403,964
Total Current Liabilities	8,551,817	8,524,990
LONG-TERM DEBT, Net of Unamortized Loan Fees	23,362,260	24,022,465
NONCURRENT LIABILITIES:
Loan Guarantees	151,434	158,043
Deferred Income Taxes	10,317,092	10,318,689
Other Accrued Liabilities	185,619	194,458
Deferred Compensation	624,505	632,225
Total Noncurrent Liabilities	11,278,650	11,303,415
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, 5,164,274 and 5,160,065 Shares Issued and Outstanding	8,607,123	8,600,108
Accumulated Other Comprehensive Income	16,135	20,135
Unearned Compensation	21,792	13,620
Retained Earnings	61,012,632	59,814,870
Total Stockholders' Equity	69,657,682	68,448,733
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 112,850,409	$ 112,299,603