|
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Revenues: |
|
|
|
| Gaming |
$ 59,831 |
$ 63,642 |
$ 63,402 |
| Food, beverage, racing and other |
9,683 |
12,776 |
12,220 |
| Gross revenues |
69,514 |
76,418 |
75,622 |
| Less: Promotional allowances |
(4,288) |
(5,457) |
(3,649) |
| Net revenues |
65,226 |
70,961 |
71,973 |
| Costs and expenses: |
|
|
|
| Gaming |
44,160 |
47,129 |
45,700 |
| Food, beverage, racing and other |
9,986 |
11,470 |
10,959 |
| Selling, general and administrative |
11,599 |
12,734 |
12,895 |
| Development expenses |
12,207 |
18,009 |
0 |
| Stock-based compensation |
636 |
385 |
647 |
| Depreciation |
1,324 |
1,354 |
1,380 |
| Total costs and expenses |
79,912 |
91,081 |
71,581 |
| (Loss) / income from operations |
(14,686) |
(20,120) |
392 |
| Amortization of deferred financing costs |
(91) |
(74) |
(30) |
| Interest expense |
(9,128) |
(1,331) |
(1,063) |
| Interest income |
0 |
0 |
4 |
| Loss before income taxes |
(23,905) |
(21,525) |
(697) |
| Income tax provision |
7 |
17 |
16 |
| Net loss |
(23,912) |
(21,542) |
(713) |
| Undeclared dividends on preferred stock |
(188) |
(5,508) |
(1,551) |
| Net loss applicable to common shares |
$ (24,100) |
$ (27,050) |
$ (2,264) |
| Weighted average common shares outstanding, basic (shares) |
39,138 |
35,217 |
29,951 |
| Weighted average common shares outstanding, diluted (shares) |
39,138 |
35,217 |
29,951 |
| Loss per common share, basic (usd per share) |
$ (0.62) |
$ (0.77) |
$ (0.08) |
| Loss per common share, diluted (usd per share) |
$ (0.62) |
$ (0.77) |
$ (0.08) |