Property And Equipment

12 Months Ended

Dec. 31, 2011

5. PROPERTY AND EQUIPMENT

Property and equipment at December 31, 2011 and 2010 consist of the following:

	December 31,
Amounts in thousands	2011			2010
Land	$	30,439		$	30,424
Buildings and improvements	$	78,381		$	78,337
Gaming Equipment	$	16,438		$	16,771
Furniture and non-gaming equipment	$	17,432		$	16,814
Capital projects in process	$	441		$	588
	$	143,131		$	142,934
Less accumulated depreciation	$	(43,526	)	$	(38,978	)

Property and equipment, net	$	99,605		$	103,956

Depreciation expense for the years ended December 31, 2011 and 2010 was $6.1 million.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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