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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows provided by (used in) operating activities:      
Net loss $ (46,344,000) $ (24,197,000) $ (36,610,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 1,517,000 1,341,000 1,350,000
Amortization of debt issuance costs 2,091,000 105,000 0
Provision / (Recovery) for doubtful accounts 0 0 10,000
Non-cash interest expense 3,846,000 231,000 1,241,000
Loss on disposal of property and equipment 42,000 5,000 1,000
Stock-based compensation 2,755,000 2,722,000 596,000
Changes in operating assets and liabilities:      
Restricted cash - NYSGC Lottery and Purse Accounts 371,000 268,000 354,000
Accounts receivable (352,000) 235,000 (117,000)
Prepaid expenses and other current assets 785,000 506,000 (544,000)
Other assets 0 0 3,000
Accounts payable 418,000 1,024,000 (962,000)
Accrued expenses and other current liabilities 938,000 4,839,000 3,298,000
Net cash used in operating activities (33,933,000) (12,921,000) (31,380,000)
Cash flows provided by (used in) investing activities:      
Purchase of property and equipment (2,007,000) (1,974,000) (767,000)
Capitalized Development Project costs (300,277,000) (157,305,000) (4,074,000)
Restricted cash - racing capital improvement (110,047,000) (10,912,000) (15,472,000)
Other 11,000 0 0
Cash collateral for deposit bond (20,000,000) (15,000,000) 0
License fee payment for the Casino 0 (51,000,000) 0
Net cash used in investing activities (432,306,000) (236,196,000) (20,298,000)
Cash flows provided by (used in) financing activities:      
Proceeds from related party equity contribution 32,000,000 0 0
Proceeds from rights offering, net of expenses 0 286,003,000 49,528,000
Series E Preferred Stock and dividend redemption 0 (30,711,000) (533,000)
Series B Preferred Stock dividend payment (128,000) (263,000) 0
Proceeds from exercise of stock options and warrants 16,000 54,000 2,660,000
Payment of debt issuance costs and Interest Rate Cap fees (32,006,000) (1,278,000) 0
Other payments (275,000) (88,000) 0
Net cash provided by financing activities 465,607,000 253,717,000 51,655,000
Net increase (decrease) in cash and cash equivalents (632,000) 4,600,000 (23,000)
Cash and cash equivalents, beginning of period 11,012,000 6,412,000 6,435,000
Cash and cash equivalents, end of period 10,380,000 11,012,000 6,412,000
Supplemental disclosures of cash flow information:      
Interest paid 38,755,000 407,000 1,398,000
Income taxes paid 0 0 0
Non-cash investing and financing activities:      
Common stock issued in settlement of preferred stock dividends 0 0 159,000
Conversion of long-term loan, related party into equity 35,875,000 17,426,000 0
Project development costs included in accrued expenses 71,713,000 40,783,000 6,331,000
Racing Capital Improvements [Member]      
Cash flows provided by (used in) investing activities:      
Restricted cash - racing capital improvement 14,000 (5,000) 15,000
Term Loan Facility, Term B Loan [Member]      
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of debt 450,000,000 0 0
Bangkok Bank Loan [Member]      
Cash flows provided by (used in) financing activities:      
Proceeds from issuance of debt $ 16,000,000 $ 0 $ 0