XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 52,872 $ 85,585
Restricted cash 2,209 1,146
Accounts receivable, net of allowance for doubtful accounts of $375 in 2012 and $383 in 2011 2,797 4,554
Amounts due from West Virginia Lottery Commission   122
Inventories 3,417 3,503
Deferred financing costs 1,641 1,622
Deferred income taxes 495 494
Prepaid expenses and other current assets 5,419 5,366
Total current assets 68,850 102,392
Property and equipment, net 321,415 299,579
Funds held for construction project 116,970 130,114
Other intangible assets 95,577 85,577
Deferred financing costs, net of current portion 9,639 9,919
Deposits and other 1,902 1,902
Non-operating real property 11,207 11,207
Assets of discontinued operations 181 181
Total assets 625,741 640,871
Current liabilities:    
Accounts payable 1,124 1,461
Accounts payable-gaming taxes and assessments 4,619 8,854
Accrued payroll and payroll taxes 3,511 3,872
Accrued interest 10,908 27,072
Accrued income taxes 648 958
Other accrued liabilities 11,302 10,741
Construction project and equipment liabilities 8,639 3,732
Liabilities of discontinued operations 216 223
Total current liabilities 40,967 56,913
Long-term debt 552,288 548,933
Other regulatory gaming assessments 5,154 5,408
Long-term compensation 357 242
Deferred income taxes 11,675 11,048
Total liabilities 610,441 622,544
Stockholders' equity:    
Common stock      
Additional paid-in capital 62,960 62,804
Accumulated deficit (47,479) (44,288)
Accumulated other comprehensive loss (396) (404)
Total stockholders' equity of MTR Gaming Group, Inc. 15,085 18,112
Non-controlling interest of discontinued operations 215 215
Total stockholders' equity 15,300 18,327
Total liabilities and stockholders' equity $ 625,741 $ 640,871