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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:    
Net income $ 11,798,153 $ 1,062,014
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 2,844,647 2,748,514
Stock-based compensation expense 548,282 468,832
Stock-based employee match contribution 557,396 371,432
Deferred income taxes 323,315 2,943,400
Loss on disposal of assets 0 13,407
Loss from equity investment 2,703,299 1,478,199
Gain on sale/transfer of land (263,581) (2,367,514)
Changes in operating assets and liabilities:    
Accounts receivable (157,049) 70,782
Employee retention credit receivable (6,314,468) 0
Increase in TIF receivable (614,173) (546,591)
Other current assets/deposits (158,387) 174,178
Income taxes receivable/payable 2,767,565 (4,152,581)
Operating lease right-of-use assets 22,271 29,775
Operating lease liabilities (22,271) (29,775)
Accounts payable (901,150) (886,060)
Deferred revenue 297,426 (1,046,264)
Card Casino accruals 929,283 160,938
Accrued wages and payroll taxes 619,476 (1,104,277)
Accrued property taxes (30,493) (75,292)
Payable to horsepersons (1,451,273) 1,817,000
Net cash provided by operating activities 13,498,268 1,130,117
Investing Activities:    
Additions to land, buildings, and equipment (3,780,759) (1,536,948)
Proceeds from sale of land 2,288,952 0
Additions for TIF eligible improvements 0 (765,316)
(Increase) decrease in related party receivable (636,889) 1,987,017
Equity investment contribution (372,992) 0
Sale of investments 0 103,886
Net cash used in investing activities (2,501,688) (211,361)
Financing Activities:    
Proceeds from issuance of common stock 183,864 156,446
Borrowings on line of credit 0 5,866,416
Payments against line of credit 0 (5,866,416)
Cash dividend paid to shareholders (1,706) (328,587)
Payments for taxes related to net share settlement of equity awards (25,948) (177,501)
Principal payments on finance lease (25,749) (24,500)
Net cash provided by (used in) financing activities 130,461 (374,142)
Net increase in cash, cash equivalents, and restricted cash 11,127,041 544,614
Cash, cash equivalents, and restricted cash at beginning of year 4,471,712 3,927,098
Cash, cash equivalents, and restricted cash at end of year 15,598,753 4,471,712
Schedule of non-cash investing and financing activities    
Additions to land, buildings, and equipment funded through accounts payable 254,000 344,000
Transfer of future TIF reimbursed costs from land, buildings, and equipment 0 1,633,000
Supplemental disclosure of cash flow information:    
Income taxes paid 1,220,000 80,000
Interest paid 3,000 40,000
Doran Canterbury II [Member]    
Schedule of non-cash investing and financing activities    
Transfer of assets 0 1,633,000
Canterbury DBSV [Member]    
Schedule of non-cash investing and financing activities    
Transfer of assets $ 0 $ 2,195,000