| Schedule of Selected Statement of Operations Data |
The following tables present the Company's segment information:
|
|
|
|
|
|
|
|
|
(In thousands, unaudited) |
|
|
|
|
For the three months ended, |
|
March 31,
2017 |
|
March 31,
2016 |
Net Revenues |
|
|
|
Silver Slipper Casino and Hotel |
$ |
16,658 |
|
|
$ |
14,845 |
|
Rising Star Casino Resort |
12,205 |
|
|
12,246 |
|
Bronco Billy's Hotel and Casino |
5,861 |
|
|
— |
|
Northern Nevada Casinos |
4,896 |
|
|
4,916 |
|
|
$ |
39,620 |
|
|
$ |
32,007 |
|
|
|
|
|
Adjusted Property EBITDA (1) |
|
|
|
Silver Slipper Casino and Hotel |
$ |
3,052 |
|
|
$ |
2,661 |
|
Rising Star Casino Resort |
1,319 |
|
|
1,301 |
|
Bronco Billy's Hotel and Casino |
846 |
|
|
— |
|
Northern Nevada Casinos |
552 |
|
|
767 |
|
|
5,769 |
|
|
4,729 |
|
|
|
|
|
Other operating costs and expenses: |
|
|
|
Depreciation and amortization |
(2,097 |
) |
|
(1,693 |
) |
Corporate expenses |
(1,175 |
) |
|
(1,161 |
) |
Project development and acquisition costs |
(131 |
) |
|
(287 |
) |
Loss on disposals, net |
(13 |
) |
|
— |
|
Share-based compensation |
(93 |
) |
|
(57 |
) |
Operating income |
2,260 |
|
|
1,531 |
|
Other expense: |
|
|
|
Interest expense |
(2,678 |
) |
|
(1,762 |
) |
|
(2,678 |
) |
|
(1,762 |
) |
Loss before income taxes |
(418 |
) |
|
(231 |
) |
Provision for income taxes |
184 |
|
|
99 |
|
Net loss |
$ |
(602 |
) |
|
$ |
(330 |
) |
(1) Please refer to Item 2 - "Non-GAAP Financial Measures" for a reconciliation of Adjusted Property EBITDA to its most directly comparable financial measure calculated and presented in accordance with GAAP.
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
|
|
March 31,
2017 |
|
December 31,
2016 |
|
(unaudited) |
|
|
Total Assets |
|
|
|
Silver Slipper Casino and Hotel |
$ |
79,245 |
|
|
$ |
79,975 |
|
Rising Star Casino Resort |
36,466 |
|
|
36,444 |
|
Bronco Billy's Hotel and Casino |
36,821 |
|
|
36,732 |
|
Northern Nevada Casinos |
11,654 |
|
|
12,722 |
|
Corporate and Other |
10,838 |
|
|
11,333 |
|
|
$ |
175,024 |
|
|
$ |
177,206 |
|
|