Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:    
Net loss $ (1,317) $ (20,845)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Gaming license impairment 0 9,900
Goodwill impairment 0 1,647
Depreciation 6,387 7,044
Amortization of debt costs 1,615 1,500
Amortization of customer loyalty program, land lease and water rights 1,506 2,139
Loss on disposals 3 372
Tribal advance collection allowance reduction (500) 0
Share-based compensation 343 528
Increases and decreases in operating assets and liabilities:    
Accounts receivable, net 193 296
Income tax and other receivables 3,011 (1,125)
Prepaid expenses, inventories and other (1,008) 2,283
Deferred tax 350 2,068
Accounts payable and accrued expenses (3,074) 1,754
Net cash provided by operating activities 7,509 7,561
Cash flows from investing activities:    
Purchase of property and equipment, net of construction contracts payable (11,354) (9,567)
Restricted cash (569) 0
Proceeds from repayment of tribal advance 250 0
Deposits and other (3,129) 643
Net cash used in investing activities (14,802) (8,924)
Cash flows from financing activities:    
First Term Loan borrowings 8,869 1,131
First Term Loan repayments (1,500) 0
Revolving Loan borrowings, net 0 2,000
Repayment of long-term debt on capital lease obligation (750) (799)
Debt costs, net of costs payable (391) (266)
Net cash provided by financing activities 6,228 2,066
Net (decrease) increase in cash and equivalents (1,065) 703
Cash and equivalents, beginning of year 15,639 14,936
Cash and equivalents, end of year 14,574 15,639
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest, net of amounts capitalized 4,846 4,577
Cash received from income tax refunds, net (3,983) (2,370)
NON-CASH INVESTING ACTIVITIES:    
Accrued capital expenditures $ 604 $ 2,292