ACCUMULATED OTHER COMPREHENSIVE LOSS

3 Months Ended

Mar. 31, 2014

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE 8—ACCUMULATED OTHER COMPREHENSIVE LOSS

        The Company's accumulated other comprehensive loss is related to the Scioto Downs defined benefit pension plan. A summary of the change in accumulated other comprehensive loss as of March 31, 2014 is as follows (in thousands):

Balance as of December 31, 2013	$	(127	)
Other comprehensive loss before reclassifications		—
Amounts reclassified from accumulated other comprehensive loss		8
Net current-period other comprehensive income		8
Balance as of March 31, 2014	$	(119	)

(1)

Amounts are presented after income tax, including consideration of related valuation allowance. No net tax benefit was recognized during the three months ended March 31, 2014.

        Amounts reclassified from accumulated other comprehensive loss are limited to the amortization of actuarial losses, which are a component of net periodic benefit cost. These reclassifications are included as a component of general and administrative expense in the accompanying consolidated statement of operations.