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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating activities:      
Net earnings $ 5,359 $ 6,743 $ 11,277
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation 11,665 12,059 11,939
Amortization of credit facility origination fees 90 72 39
Stock-based compensation 905 1,192 952
Deferred income taxes (389) (85) 187
Loss on extinguishment of debt 45    
Impairment charge     2,177
Changes in assets and liabilities:      
Accounts receivable (884) (462) 25
Due from State of Delaware 389 1,240 (199)
Inventories 129 (168) (145)
Prepaid expenses and other (995) (392) 42
Accounts payable 604 664 (184)
Purses due horsemen (825) (390) 33
Accrued liabilities (374) 3,498 1,369
Payable to/receivable from Dover Motorsports, Inc. 29 (13) (16)
Income taxes payable/receivable 869 (187) (653)
Deferred revenue (53) 1 94
Other liabilities (913) (278) 800
Net cash provided by operating activities 15,651 23,494 27,737
Investing activities:      
Capital expenditures (1,853) (5,576) (4,535)
Proceeds from the sale of available-for-sale securities 214 65 102
Purchase of available-for-sale securities (291) (67) (104)
Net cash used in investing activities (1,930) (5,578) (4,537)
Financing activities:      
Borrowings from revolving line of credit 180,683 116,300 157,875
Repayments of revolving line of credit (190,283) (132,825) (171,075)
Dividends paid (3,888) (3,870) (6,415)
Repurchase of common stock (150) (117) (59)
Credit facility fees (268)    
Net cash used in financing activities (13,906) (20,512) (19,674)
Net (decrease) increase in cash (185) (2,596) 3,526
Cash, beginning of year 18,819 21,415 17,889
Cash, end of year 18,634 18,819 21,415
Supplemental information:      
Interest paid 2,847 3,121 2,801
Income taxes paid 3,331 5,024 8,275
Change in accounts payable for capital expenditures     $ (1,581)