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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
OPERATING REVENUES:        
Operating Revenues $ 16,487,062 $ 16,143,963 $ 32,965,185 $ 32,311,021
OPERATING EXPENSES:        
Plant Operations (Excluding Depreciation and Amortization) 3,334,880 3,150,455 6,752,618 6,201,071
Cost of Video 2,700,135 2,578,119 5,456,478 5,207,728
Cost of Data 919,708 815,337 1,843,222 1,657,399
Cost of Other Nonregulated Services 354,022 338,029 763,268 752,239
Depreciation and Amortization 3,124,282 3,048,424 6,195,854 6,100,526
Selling, General and Administrative 2,554,766 2,557,721 5,218,656 5,228,589
Total Operating Expenses 12,987,793 12,488,085 26,230,096 25,147,552
OPERATING INCOME 3,499,269 3,655,878 6,735,089 7,163,469
OTHER (EXPENSE) INCOME        
Interest Expense (527,825) (610,694) (1,093,199) (1,294,357)
Interest/Dividend Income 58,428 52,336 159,830 98,529
Interest During Construction 10,278 26,373 20,270 67,561
Gain on Debt Forgiveness 2,912,433
Gain (Loss) on Investments 52,881 52,881
CoBank Patronage Dividends 625,490 647,369
Other Investment Income 38,895 78,883 104,943 160,214
Total Other Income (Expense) (420,224) (400,221) 2,729,767 (267,803)
INCOME BEFORE INCOME TAXES 3,079,045 3,255,657 9,464,856 6,895,666
INCOME TAXES 636,132 911,580 1,841,232 1,930,781
NET INCOME $ 2,442,913 $ 2,344,077 $ 7,623,624 $ 4,964,885
NET INCOME PER SHARE        
Basic (in Dollars per share) $ 0.47 $ 0.45 $ 1.46 $ 0.96
Diluted (in Dollars per share) 0.47 0.45 1.46 0.96
DIVIDENDS PER SHARE (in Dollars per share) $ 0.1400 $ 0.0000 $ 0.2700 $ 0.1300
WEIGHTED AVERAGE SHARES OUTSTANDING        
Basic (in Shares) 5,210,700 5,192,689 5,206,766 5,188,647
Diluted (in Shares) 5,219,430 5,197,589 5,214,992 5,192,868
Voice Services [Member]        
OPERATING REVENUES:        
Operating Revenues $ 1,544,766 $ 1,682,358 $ 3,096,044 $ 3,431,054
Network Access [Member]        
OPERATING REVENUES:        
Operating Revenues 1,344,685 1,584,838 2,927,125 3,216,780
Video Service [Member]        
OPERATING REVENUES:        
Operating Revenues 3,237,723 3,096,144 6,266,600 6,077,738
Data Service [Member]        
OPERATING REVENUES:        
Operating Revenues 6,368,566 5,830,858 12,636,537 11,482,376
ACAM-FUSF [Member]        
OPERATING REVENUES:        
Operating Revenues 2,953,966 2,994,620 5,922,161 6,093,655
Other Non Regulated [Member]        
OPERATING REVENUES:        
Operating Revenues $ 1,037,356 $ 955,145 $ 2,116,718 $ 2,009,418