| Schedule of selected statement of operations and balance sheet data |
The following tables present the Company's segment information:
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
|
|
|
|
For the Year Ended, |
|
|
December 31,
2017 |
|
December 31,
2016 |
Net Revenues |
|
|
|
|
Silver Slipper Casino and Hotel |
|
$ |
64,046 |
|
|
$ |
59,093 |
|
Bronco Billy's Hotel and Casino |
|
26,222 |
|
|
16,220 |
|
Rising Star Casino Resort |
|
49,751 |
|
|
49,472 |
|
Northern Nevada Casinos |
|
21,248 |
|
|
21,207 |
|
|
|
$ |
161,267 |
|
|
$ |
145,992 |
|
|
|
|
|
|
Adjusted Property EBITDA |
|
|
|
|
Silver Slipper Casino and Hotel |
|
$ |
10,733 |
|
|
$ |
9,994 |
|
Bronco Billy's Hotel and Casino |
|
4,758 |
|
|
3,423 |
|
Rising Star Casino Resort |
|
2,678 |
|
|
2,931 |
|
Northern Nevada Casinos |
|
2,789 |
|
|
3,941 |
|
|
|
20,958 |
|
|
20,289 |
|
|
|
|
|
|
Other operating expenses: |
|
|
|
|
Depreciation and amortization |
|
(8,602 |
) |
|
(7,928 |
) |
Corporate expenses |
|
(4,491 |
) |
|
(4,105 |
) |
Project development and acquisition costs |
|
(284 |
) |
|
(1,314 |
) |
Gain (loss) on asset disposals, net |
|
1 |
|
|
(344 |
) |
Share-based compensation |
|
(525 |
) |
|
(409 |
) |
Operating income |
|
7,057 |
|
|
6,189 |
|
Other expenses |
|
|
|
|
Interest expense, net of capitalized interest |
|
(10,856 |
) |
|
(9,486 |
) |
Debt modification costs |
|
— |
|
|
(624 |
) |
Adjustment to fair value of warrants |
|
(1,379 |
) |
|
(543 |
) |
|
|
(12,235 |
) |
|
(10,653 |
) |
Loss before income taxes |
|
(5,178 |
) |
|
(4,464 |
) |
(Benefit) provision for income taxes |
|
(150 |
) |
|
630 |
|
Net loss |
|
$ |
(5,028 |
) |
|
$ |
(5,094 |
) |
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
|
|
December 31,
2017 |
|
December 31,
2016 |
|
|
|
|
Total Assets |
|
|
|
Silver Slipper Casino and Hotel |
$ |
80,780 |
|
|
$ |
79,975 |
|
Bronco Billy's Hotel and Casino |
35,567 |
|
|
36,732 |
|
Rising Star Casino Resort |
36,327 |
|
|
36,444 |
|
Northern Nevada Casinos |
12,235 |
|
|
12,722 |
|
Corporate and Other |
8,576 |
|
|
11,333 |
|
|
$ |
173,485 |
|
|
$ |
177,206 |
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
|
|
December 31,
2017 |
|
December 31,
2016 |
|
|
|
|
Property and Equipment, net |
|
|
|
Silver Slipper Casino and Hotel |
$ |
58,059 |
|
|
$ |
58,856 |
|
Bronco Billy's Hotel and Casino |
15,276 |
|
|
16,020 |
|
Rising Star Casino Resort |
30,534 |
|
|
29,819 |
|
Northern Nevada Casinos |
7,868 |
|
|
6,202 |
|
Corporate and Other |
2,321 |
|
|
568 |
|
|
$ |
114,058 |
|
|
$ |
111,465 |
|
|