Full House Resorts, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

4.	PROPERTY AND EQUIPMENT

Property and equipment, including capital lease assets, consisted of the following (in thousands):


	March 31, 2015 (Unaudited)			December 31, 2014
Land and improvements	$	11,670		$	11,670
Buildings and improvements		73,997			73,997
Furniture and equipment		28,097			27,951
Construction in progress		15,712			11,264
		129,476			124,882
Less accumulated depreciation		(31,335	)		(29,842	)
	$	98,141		$	95,040

Construction in progress amounts primarily related to construction of the hotel at Silver Slipper Casino, and included capitalized interest of $0.6 million and $0.4 million for in-progress projects at March 31, 2015 and December 31, 2014, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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