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, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:    
Net (loss) income attributable to the Company $ (3,962) $ 27,834
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Non-controlling interest in consolidated joint venture   2,181
Gain on sale of joint venture   (41,189)
Stockman's goodwill impairment adjustment 4,000  
Depreciation 6,839 5,270
Amortization of gaming and other rights   593
Amortization of loan fees 1,831 2,395
Amortization of player loyalty program, land lease and water rights 2,550 1,021
Other 24 90
Deferred and share-based compensation 643 1,259
Increases and decreases in operating assets and liabilities:    
Accounts receivable, net 788 2,840
Prepaid expenses (544) (1,460)
Deferred tax 1,977 (1,724)
Other assets 499 (442)
Accounts payable and accrued expenses (2,359) (567)
Income taxes payable (7) (2,402)
Net cash provided by (used in) operating activities 12,279 (4,301)
Cash flows from investing activities:    
Proceeds from sale of joint venture, less holdback   49,658
Purchase of property and equipment (6,162) (2,986)
Deposits and other related costs (333) (1,286)
Other 29 (115)
Net cash (used in) provided by investing activities (6,466) 45,271
Cash flows from financing activities:    
Repayment of long-term debt and interest rate swap (11,250) (28,187)
Distributions to non-controlling interest in consolidated joint venture   (3,323)
Loan fees (230) (3,564)
Net cash used in financing activities (11,480) (35,074)
Net (decrease) increase in cash and equivalents (5,667) 5,896
Cash and equivalents, beginning of year 20,603 14,707
Cash and equivalents, end of year 14,936 20,603
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest 5,516 1,877
Cash received from income tax refund, net of cash paid of $0.3 million for income taxes in 2013 and cash paid for income taxes in 2012 (2,409) 21,876
Borrowings paid directly to sellers and vendors at closing   70,000
Property acquisition financed with a capital lease $ 7,719