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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Revenues $ 38,044,000 $ 202,000 $ 38,358,000 $ 25,169,000
Expenses:        
Operating and marketing 22,425,000 1,347,000 24,225,000 16,986,000
General and administrative 1,878,000 1,888,000 5,742,000 5,630,000
Depreciation 756,000 1,669,000 2,289,000 3,256,000
Costs to remove long-lived assets     341,000  
Total expenses 25,059,000 4,904,000 32,597,000 25,872,000
Gain on sale of land 4,843,000 4,186,000 4,843,000 4,325,000
Operating earnings (loss) 17,828,000 (516,000) 10,604,000 3,622,000
Interest (expense) income, net (21,000) 20,000 (34,000) 4,000
Benefit (provision) for contingent obligation 128,000 (121,000) 112,000 (367,000)
Other income, net 90,000 29,000 115,000 218,000
Earnings (loss) before income taxes 18,025,000 (588,000) 10,797,000 3,477,000
Income tax (expense) benefit (4,835,000) 174,000 (1,436,000) (880,000)
Net earnings (loss) 13,190,000 (414,000) 9,361,000 2,597,000
Change in net actuarial loss and prior service cost, net of income taxes 29,000 29,000 87,000 80,000
Comprehensive income (loss) $ 13,219,000 $ (385,000) $ 9,448,000 $ 2,677,000
Net earnings (loss) per common share:        
Basic (in dollars per share) $ 0.36 $ (0.01) $ 0.26 $ 0.07
Diluted (in dollars per share) $ 0.36 $ (0.01) $ 0.26 $ 0.07
Admissions        
Revenues:        
Revenues       $ 2,502,000
Event-related        
Revenues:        
Revenues $ 2,394,000 $ 202,000 $ 2,708,000 3,784,000
Broadcasting        
Revenues:        
Revenues 35,646,000   35,646,000 18,878,000
Other        
Revenues:        
Revenues $ 4,000   $ 4,000 $ 5,000