Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2018

The following table represents the fixed rent payments under the Casino Lease at March 31, 2018:



Year ending December 31,	Fixed Rent Payments due by Period
	(in thousands)
2018 (1) (2)	$7,500
2019 (2)	7,500
2020 (2)	7,500
2021 (2)	8,000
2022 (2)	8,100
2023 to 2056 (2)	346,524


(1)	From March 1, 2017 through August 31, 2018, fixed rent is $1 million per month.


(2)	From September 1, 2018 through the remainder of the term of the Casino Lease, fixed rent will equal $7.5 million per year, subject to an eight percent escalation every five years ("Base Amount").

Under the Golf Course Lease, there is no percentage rent due.

The following table represents the future fixed rent payments under the Golf Course Lease at March 31, 2018:



Year ending December 31,	Fixed Rent Payments due by Period
	(in thousands)
2018 (1)	$0
2019 (1) (2)	125
2020 (2)	150
2021 (2)	150
2022 (2)	150
2023 to 2056 (2) (3)	7,675


(1)	From the date the Golf Course Lease commenced (the “Golf Course Lease Commencement Date”) and until the date on which the Golf Course opens for business, which is expected to be in Summer of 2019 (the “Golf Course Opening Date”), fixed rent payments shall equal $0.


(2)	From the Golf Course Opening Date and continuing for the 10 years thereafter, fixed rent will equal $150,000 per


	year.


(3)	From March 2029 through the remainder of the term of the Golf Course Lease, fixed rent will equal $250,000 per year.

The following table represents the future fixed rent payments under the Entertainment Project Lease at March 31, 2018:



Year ending December 31,	Fixed Rent Payments due by Period
	(in thousands)
2018 (1) (2)	$12
2019(2)	150
2020 (2)	150
2021 (2)	150
2022 (2)	150
2023 to 2056 (2) (3)	7,713


(1)	From the date the Entertainment Project Lease commenced (the “Entertainment Project Lease Commencement Date”) and until the date on which the Entertainment Project opens for business, which is expected to be December 2018 (the “Entertainment Project Opening Date”), fixed rent payments will equal $0.


(2)	From the Entertainment Project Opening Date and continuing for the 10 years thereafter, fixed rent will equal $150,000 per year.


(3)	From September 2028 through the remainder of the term of the Entertainment Project Lease, fixed rent will equal $250,000 per year.

The following table represents the minimum lease payments under the Company's operating leases at March 31, 2018: