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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2016
Dec. 31, 2015
CURRENT ASSETS    
Cash and cash equivalents $ 4,449,952 $ 8,274,112
Restricted cash 2,137,266 1,563,058
Short-term investments 205,405 205,192
Accounts receivable, net of allowance of $28,000 for both periods 1,008,396 155,861
Current portion of notes receivable 1,048,654  
Inventory 274,813 253,334
Prepaid expenses 308,043 396,705
Income taxes receivable   355,060
Due from Minnesota horsemen associations 1,101,444  
Total current assets 10,533,973 11,203,322
LONG-TERM ASSETS    
Deposits 25,000 20,000
Notes receivable - long term portion 2,142,512  
Land, buildings and equipment, net of accumulated depreciation of $27,205,552 and $25,538,147, respectively 35,509,276 34,117,760
Total Assets 48,210,761 45,341,082
CURRENT LIABILITIES    
Current maturities of capital lease obligations   585,563
Accounts payable 4,278,174 2,710,661
Card Casino accruals 2,550,643 1,759,314
Accrued wages and payroll taxes 949,625 1,370,577
Cash dividend payable 215,331  
Accrued property taxes 530,422 711,482
Income taxes payable 204,969  
Payable to horsepersons 13,323 171,355
Total current liabilities 8,742,487 7,308,952
LONG-TERM LIABILITIES    
Capital lease obligations - long term portion   2,592,731
Deferred income taxes 3,557,333 2,341,900
Total long-term liabilities 3,557,333 4,934,631
Total Liabilities 12,299,820 12,243,583
STOCKHOLDERS' EQUITY    
Common stock, $.01 par value, 10,000,000 shares authorized, 4,285,826 and 4,238,430, respectively, shares issued and outstanding 42,858 42,383
Additional paid-in capital 18,608,937 18,019,658
Retained earnings 17,259,146 15,035,458
Total stockholders' equity 35,910,941 33,097,499
Total Liabilities And Stockholders' Equity $ 48,210,761 $ 45,341,082