ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2012

ACCOUNTS RECEIVABLE [Abstract]

ACCOUNTS RECEIVABLE

2. ACCOUNTS RECEIVABLE

Accounts receivable consist of the following at December 31 (in thousands):

	2012			2011
Casino	$	2,287		$	1,366
Hotel		1,659			2,286
Total		3,946			3,652
Less - collection allowances		(2,283	)		(315	)
Accounts receivable - net	$	1,663		$	3,337

Collection allowances activity for the years ending December 31 consist of the following (in thousands):

	2012			2011
Beginning balance	$	315		$	214
Write-offs		(372	)		(39	)
Recoveries		7			14
Provision for doubtful collection		2,333			126
Ending balance	$	2,283		$	315

The Company manages its credit risk by evaluating customers' credit worthiness before extending credit. The maximum credit losses that might be sustained are limited to the recorded receivables less any amounts reserved.