CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 36,802	$ 54,760
Short-term investments	10,123
Accounts receivable, less allowance of $519 ($469 in 2021)	17,440	16,269
Prepaid expenses and other current assets	2,479	2,449
Barter transactions	1,015	971
Total current assets	67,859	74,449
Property and equipment	146,054	144,719
Less accumulated depreciation	92,856	91,375
Net property and equipment	53,198	53,344
Other assets:
Broadcast licenses, net	90,307	90,277
Goodwill	19,236	19,209
Other intangibles, right of use assets, deferred costs and investments, net of accumulated amortization of $15,944 ($15,906 in 2021)	10,153	10,653
Total assets	240,753	247,932
Current liabilities:
Accounts payable	2,654	2,347
Accrued payroll and payroll taxes	5,623	6,202
Dividend payable	13,754	3,988
Other accrued expenses	6,359	5,758
Barter transactions	987	901
Total current liabilities	29,377	19,196
Deferred income taxes	25,737	24,802
Other liabilities	7,110	7,015
Total liabilities	62,224	51,013
Commitments and contingencies
Shareholders' equity:
Preferred stock, 1,500 shares authorized, none issued and outstanding Common stock:
Additional paid-in capital	71,664	70,035
Retained earnings	143,896	164,246
Treasury stock (1,753 shares in 2022 and 1,758 shares in 2021, at cost)	(37,109)	(37,439)
Total shareholders' equity	178,529	196,919
Total liabilities and shareholders' equity	240,753	247,932
Class A Common Stock
Shareholders' equity:
Common stock	$ 78	68
Class B Common Stock
Shareholders' equity:
Common stock		$ 9