XML 45 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash $ 14,848,000 $ 14,993,000
Accounts receivable 3,491,000 4,093,000
Due from State of Delaware 4,967,000 9,708,000
Inventories 1,957,000 1,921,000
Prepaid expenses and other 3,604,000 3,207,000
Income taxes receivable 8,000 155,000
Deferred income taxes 1,330,000 1,284,000
Total current assets 30,205,000 35,361,000
Property and equipment, net 164,718,000 168,963,000
Other assets 1,027,000 938,000
Total assets 195,950,000 205,262,000
Current liabilities:    
Accounts payable 3,101,000 3,785,000
Purses due horsemen 4,976,000 9,833,000
Accrued liabilities 9,667,000 10,361,000
Payable to Dover Motorsports, Inc. 57,000 0
Deferred revenue 377,000 346,000
Revolving line of credit 55,000,000  
Total current liabilities 73,178,000 24,325,000
Revolving line of credit   58,500,000
Liability for pension benefits 6,883,000 6,983,000
Deferred income taxes 1,965,000 1,994,000
Total liabilities 82,026,000 91,802,000
Commitments and contingencies (see Notes to the Consolidated Financial Statements)      
Stockholders' equity:    
Preferred stock, $0.10 par value; 1,000,000 shares authorized; shares issued and outstanding: none      
Additional paid-in capital 4,346,000 4,136,000
Retained earnings 109,530,000 109,322,000
Accumulated other comprehensive loss (3,215,000) (3,248,000)
Total stockholders' equity 113,924,000 113,460,000
Total liabilities and stockholders' equity 195,950,000 205,262,000
Common stock
   
Stockholders' equity:    
Common stock 1,776,000 1,590,000
Class A common stock
   
Stockholders' equity:    
Common stock $ 1,487,000 $ 1,660,000