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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities:      
Net (loss) earnings $ (1,068) $ 786 $ 1,873
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation 8,168 7,743 8,375
Amortization of credit facility origination fees 57 89 111
Stock-based compensation 295 326 375
Deferred income taxes 457 (36) (508)
Changes in assets and liabilities:      
Accounts receivable (50) (581) 912
Due from State of Delaware 1,565 667 (694)
Inventories (18) 2 (129)
Prepaid expenses and other (446) 204 (146)
Payable to/receivable from Dover Motorsports, Inc.   (51) 66
Income taxes receivable (96) 99 (197)
Accounts payable 232 149 (662)
Purses due horsemen (1,835) 176 556
Accrued liabilities (79) 1,174 184
Deferred revenue (45) (47) 19
Liability for pension benefits (437) (345) (416)
Net cash provided by operating activities 6,700 10,355 9,719
Investing activities:      
Capital expenditures (2,193) (2,812) (1,651)
Purchase of available-for-sale securities (59) (55) (16)
Proceeds from sale of available-for-sale securities 48 49 8
Proceeds from sale of property and equipment     25
Net cash used in investing activities (2,204) (2,818) (1,634)
Financing activities:      
Borrowings from revolving line of credit 69,280 46,850 52,060
Repayments of revolving line of credit (74,630) (53,100) (59,570)
Repurchase of common stock (74) (66) (65)
Credit facility fees (35) (40) (93)
Net cash used in financing activities (5,459) (6,356) (7,668)
Net (decrease) increase in cash (963) 1,181 417
Cash, beginning of period 11,677 10,496 10,079
Cash, end of period 10,714 11,677 10,496
Supplemental information:      
Interest paid 780 778 1,108
Income tax payments, net of refunds received 101 569 1,547
Change in accounts payable for capital expenditures $ (212) $ 220 $ 67