| SEGMENT REPORTING |
13. SEGMENT REPORTING
The following tables reflect selected information for our reporting segments for the twelve months ended December 31, 2013 and December 31, 2012, respectively. The casino operation segments include the Silver Slipper Casino’s operation in Bay St. Louis, Mississippi, Rising Star Casino Resort’s operation in Rising Sun, Indiana, the Grand Lodge Casino’s operation in Lake Tahoe, Nevada and Stockman’s Casino operation in Fallon, Nevada. We have included regional information for segment reporting and aggregated casino operations in the same region. The development/management segment includes costs associated with casino development and management projects, including the management agreement with the Pueblo of Pojoaque to advise on the operations of the Buffalo Thunder in Santa Fe, New Mexico, and until March 30, 2012, GEM. The Corporate segment includes our general and administrative expenses.
Selected statement of operations data for 2013 and 2012, respectively, is as follows (in thousands):
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2013
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Casino Operations
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|
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|
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Nevada
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|
|
Midwest
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|
|
Gulf Coast
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|
|
Development/
Management
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|
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Corporate
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|
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Consolidated
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|
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Revenues
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|
$ |
22,273 |
|
|
$ |
69,147 |
|
|
$ |
51,629 |
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|
$ |
1,678 |
|
|
$ |
-- |
|
|
$ |
144,727 |
|
|
Selling, general and administrative expense
|
|
|
6,027 |
|
|
|
17,404 |
|
|
|
18,217 |
|
|
|
-- |
|
|
|
5,326 |
|
|
|
46,974 |
|
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Depreciation and amortization
|
|
|
748 |
|
|
|
3,032 |
|
|
|
5,595 |
|
|
|
-- |
|
|
|
13 |
|
|
|
9,388 |
|
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Impairment loss
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|
(4,000 |
) |
|
|
-- |
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|
|
-- |
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|
|
-- |
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|
-- |
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|
|
(4,000 |
) |
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Operating income (loss)
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|
334 |
|
|
|
2,393 |
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|
|
3,960 |
|
|
|
1,612 |
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|
|
(5,339 |
) |
|
|
2,960 |
|
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Net (loss) income attributable to Company
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|
|
213 |
|
|
|
979 |
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|
|
2,508 |
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|
|
(348 |
) |
|
|
(7,314 |
) |
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|
(3,962 |
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2012
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| |
|
Casino Operations
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|
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| |
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Nevada
|
|
|
Midwest
|
|
|
Gulf Coast
|
|
|
Development/
Management
|
|
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Corporate
|
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Consolidated
|
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Revenues
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$ |
22,313 |
|
|
$ |
86,291 |
|
|
$ |
12,861 |
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|
$ |
7,295 |
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|
$ |
-- |
|
|
$ |
128,760 |
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Selling, general and administrative expense
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|
|
6,292 |
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|
|
19,398 |
|
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|
4,670 |
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|
136 |
|
|
|
6,507 |
|
|
|
37,003 |
|
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Depreciation and amortization
|
|
|
909 |
|
|
|
4,163 |
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|
1,211 |
|
|
|
592 |
|
|
|
9 |
|
|
|
6,884 |
|
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Operating gain
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|
-- |
|
|
|
-- |
|
|
|
-- |
|
|
|
41,189 |
|
|
|
-- |
|
|
|
41,189 |
|
|
Operating income (loss)
|
|
|
3,851 |
|
|
|
5,746 |
|
|
|
663 |
|
|
|
46,196 |
|
|
|
(6,818 |
) |
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|
49,638 |
|
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Net income (loss) attributable to Company
|
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|
2,539 |
|
|
|
2,158 |
|
|
|
456 |
|
|
|
30,108 |
|
|
|
(7,427 |
) |
|
|
27,834 |
|
Selected balance sheet data as of December 31, 2013 and 2012 is as follows (in thousands):
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2013
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|
Casino Operations |
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|
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|
Nevada
|
|
|
Midwest
|
|
|
Gulf Coast
|
|
|
Development/
Management
|
|
|
Corporate
|
|
|
Consolidated
|
|
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Total assets
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|
$ |
13,838 |
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|
$ |
55,523 |
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|
$ |
71,662 |
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|
$ |
59 |
|
|
$ |
13,205 |
|
|
$ |
154,287 |
|
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Property and equipment, net
|
|
|
7,352 |
|
|
|
36,427 |
|
|
|
47,338 |
|
|
|
-- |
|
|
|
51 |
|
|
|
91,168 |
|
|
Goodwill
|
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|
1,809 |
|
|
|
1,647 |
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|
14,671 |
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|
|
-- |
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|
|
-- |
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|
|
18,127 |
|
|
Liabilities
|
|
|
2,056 |
|
|
|
12,718 |
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|
|
3,559 |
|
|
|
-- |
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|
|
58,140 |
|
|
|
76,473 |
|
|
|
|
Casino Operations
|
|
|
|
|
|
|
|
|
|
|
| |
|
Nevada
|
|
|
Midwest
|
|
|
Gulf Coast
|
|
|
Development/
Management
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
Total assets
|
|
$ |
16,964 |
|
|
$ |
51,054 |
|
|
$ |
72,911 |
|
|
$ |
96 |
|
|
$ |
21,700 |
|
|
$ |
162,725 |
|
|
Property and equipment, net
|
|
|
6,988 |
|
|
|
29,632 |
|
|
|
47,024 |
|
|
|
-- |
|
|
|
29 |
|
|
|
83,673 |
|
|
Goodwill
|
|
|
5,809 |
|
|
|
1,647 |
|
|
|
14,671 |
|
|
|
-- |
|
|
|
-- |
|
|
|
22,127 |
|
|
Liabilities
|
|
|
2,281 |
|
|
|
5,817 |
|
|
|
3,020 |
|
|
|
-- |
|
|
|
70,474 |
|
|
|
81,592 |
|
|