Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues    
Casino $ 112,649 $ 74,708
Food and beverage 6,223 4,517
Management fees 7,180 24,186
Other operations 2,708 2,050
Total revenues 128,760 105,461
Operating costs and expenses    
Casino 62,976 42,509
Food and beverage 5,973 4,469
Other operations 5,614 4,465
Project development and acquisition costs 1,861 793
Selling, general and administrative 37,003 25,429
Depreciation and amortization 6,884 7,001
Total operating costs and expenses 120,311 84,666
Operating gains (losses)    
Gain on sale of joint venture 41,189  
Equity in net income of unconsolidated joint venture, and related guaranteed payments   3,306
Impairment losses   (4,920)
Unrealized losses on notes receivable, tribal governments   (8)
Total operating gains (losses) 41,189 (1,622) [1]
Operating income 49,638 19,173
Other income (expense)    
Interest expense (2,731) (2,838)
Gain (loss) on derivative instruments 8 (513)
Other income (expense) (6) 8
Loss on extinguishment of debt (1,719)  
Total other income (expense) (4,448) (3,343)
Income before income taxes 45,190 15,830
Income tax expense 15,175 3,240
Net income 30,015 12,590
Income attributable to noncontrolling interest in consolidated joint venture (2,181) (10,247)
Net income attributable to the Company $ 27,834 $ 2,343
Net income attributable to the Company per common share (in dollars per share) $ 1.49 $ 0.13
Weighted-average number of common shares outstanding (in shares) 18,677,544 18,397,599
[1] Operating gains (losses) include impairment losses.