Quarterly report pursuant to Section 13 or 15(d)

SEGMENT REPORTING (Tables)

v3.7.0.1
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Schedule of Selected Statement of Operations Data
The following tables present the Company's segment information:

(In thousands, unaudited)
 
 
 
 
 
 
 
 
For the
Three Months Ended,
 
For the
Six Months Ended,
 
June 30,
2017
 
June 30,
2016
 
June 30,
2017
 
June 30,
2016
Net Revenues
 
 
 
 
 
 
 
     Silver Slipper Casino and Hotel
$
16,437

 
$
14,494

 
$
33,095

 
$
29,339

     Rising Star Casino Resort
12,595

 
12,053

 
24,800

 
24,299

     Bronco Billy's Hotel and Casino
6,773

 
3,334

 
12,635

 
3,334

     Northern Nevada Casinos
4,316

 
4,678

 
9,211

 
9,571

 
$
40,121

 
$
34,559

 
$
79,741

 
$
66,543

 
 
 
 
 
 
 
 
Adjusted Property EBITDA (1)
 
 
 
 
 
 
 
     Silver Slipper Casino and Hotel
$
2,907

 
$
2,369

 
$
5,959

 
$
5,030

     Rising Star Casino Resort
637

 
432

 
1,956

 
1,733

     Bronco Billy's Hotel and Casino
1,477

 
1,088

 
2,323

 
1,088

     Northern Nevada Casinos
(53
)
 
624

 
499

 
1,390

 
4,968

 
4,513

 
10,737

 
9,241

 
 
 
 
 
 
 
 
Other operating (expenses) income:
 
 
 
 
 
 
 
Depreciation and amortization
(2,138
)
 
(1,899
)
 
(4,235
)
 
(3,591
)
Corporate expenses
(1,280
)
 
(1,113
)
 
(2,454
)
 
(2,275
)
Project development and acquisition costs
(53
)
 
(485
)
 
(185
)
 
(772
)
Gain on disposals, net
14

 

 
1

 

Share-based compensation
(176
)
 
(164
)
 
(269
)
 
(220
)
Operating income
1,335

 
852

 
3,595

 
2,383

Other (expense) income:
 
 
 
 
 
 
 
Interest expense
(2,707
)
 
(2,230
)
 
(5,386
)
 
(3,992
)
Debt modification costs

 
(601
)
 

 
(601
)
Adjustment to fair value of warrants and other
32

 
(241
)
 
32

 
(241
)
 
(2,675
)
 
(3,072
)
 
(5,354
)
 
(4,834
)
Loss before income taxes
(1,340
)
 
(2,220
)
 
(1,759
)
 
(2,451
)
Provision for income taxes
184

 
180

 
368

 
280

Net loss
$
(1,524
)
 
$
(2,400
)
 
$
(2,127
)
 
$
(2,731
)

(1) Please refer to Item 2 - "Management's Discussion and Analysis of Financial Condition and Results of Operations" - "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)
 
 
 
 
June 30,
2017
 
December 31,
2016
 
(unaudited)
 
 
Total Assets
 
 
 
     Silver Slipper Casino and Hotel
$
79,918

 
$
79,975

     Rising Star Casino Resort
37,209

 
36,444

     Bronco Billy's Hotel and Casino
36,522

 
36,732

     Northern Nevada Casinos
13,423

 
12,722

     Corporate and Other
8,570

 
11,333

 
$
175,642

 
$
177,206