Century Downs Racetrack And Casino	12 Months Ended
Dec. 31, 2015
Century Downs Racetrack And Casino [Abstract]
Century Downs Racetrack And Casino	3. CENTURY DOWNS RACETRACK AND CASINO In November 2012, the Company’s subsidiary CCE signed credit and management agreements with CDR in connection with the development of a REC project in Balzac, north metropolitan area of Calgary, Alberta, Canada, which the Company operates as Century Downs Racetrack and Casino. On November 29, 2013, CCE and CDR amended the credit agreement. Under the amended credit agreement with CDR, CCE acquired 15% of CDR, controls the CDR board of directors, managed the development of the REC project, manages the operation of CDR and had the right to convert CAD 11 million of the amounts loaned to CDR into an additional ownership position in CDR of up to 60%. As of November 29, 2013, the Company began consolidating CDR as a minority-owned subsidiary for which it has a controlling financial interest and, as a result, the loans between CDR and CCE were considered an intercompany transaction and were eliminated upon consolidation. On March 20, 2015, CCE converted CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR and began consolidating CDR as a majority-owned subsidiary for which it has a controlling financial interest. As of March 20, 2015, the Company, through its subsidiary, CCE, had a 75% ownership interest in CDR. Unaffiliated shareholders own the remaining 25% of CDR. The Company accounts for and reports the remaining 25% ownership interest in CDR as a non-controlling financial interest. The REC has the only horse race track in the Calgary area and consists of a 5.5 furlongs (0.7 mile) racetrack, a gaming floor with 550 slot machines, seven video lottery terminals, a bar, a lounge, a restaurant facility, an off-track-betting area and an entertainment area. The AGLC and HRA have issued licenses to CDR for the REC. The casino at the REC opened on April 1, 2015, and the 2015 horse racing season was from April to November. Equity Conversion On March 20, 2015, CCE converted CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR. As a result of the conversion, the Company recognized $0.6 million in additional paid-in capital and $0.1 million in accumulated other comprehensive income that was previously attributed to non-controlling interest. Distribution to Non-Controlling Interest CDR has an agreement with its non-controlling shareholders to distribute any funds received by CDR related to infrastructure built during the development of the REC project. After CCE’s conversion of CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR, all funds received related to the infrastructure are distributed to CDR’s non-controlling shareholders as stated in the credit agreement between CCE and CDR. In 2015, the Company distributed $0.5 million related to the infrastructure to CDR’s non-controlling shareholders.

3. CENTURY DOWNS RACETRACK AND CASINO

In November 2012, the Company’s subsidiary CCE signed credit and management agreements with CDR in connection with the development of a REC project in Balzac, north metropolitan area of Calgary, Alberta, Canada, which the Company operates as Century Downs Racetrack and Casino. On November 29, 2013, CCE and CDR amended the credit agreement. Under the amended credit agreement with CDR, CCE acquired 15% of CDR, controls the CDR board of directors, managed the development of the REC project, manages the operation of CDR and had the right to convert CAD 11 million of the amounts loaned to CDR into an additional ownership position in CDR of up to 60%. As of November 29, 2013, the Company began consolidating CDR as a minority-owned subsidiary for which it has a controlling financial interest and, as a result, the loans between CDR and CCE were considered an intercompany transaction and were eliminated upon consolidation. On March 20, 2015, CCE converted CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR and began consolidating CDR as a majority-owned subsidiary for which it has a controlling financial interest. As of March 20, 2015, the Company, through its subsidiary, CCE, had a 75% ownership interest in CDR. Unaffiliated shareholders own the remaining 25% of CDR. The Company accounts for and reports the remaining 25% ownership interest in CDR as a non-controlling financial interest.

The REC has the only horse race track in the Calgary area and consists of a 5.5 furlongs (0.7 mile) racetrack, a gaming floor with 550 slot machines, seven video lottery terminals, a bar, a lounge, a restaurant facility, an off-track-betting area and an entertainment area. The AGLC and HRA have issued licenses to CDR for the REC. The casino at the REC opened on April 1, 2015, and the 2015 horse racing season was from April to November.

Equity Conversion

On March 20, 2015, CCE converted CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR. As a result of the conversion, the Company recognized $0.6 million in additional paid-in capital and $0.1 million in accumulated other comprehensive income that was previously attributed to non-controlling interest.

Distribution to Non-Controlling Interest

CDR has an agreement with its non-controlling shareholders to distribute any funds received by CDR related to infrastructure built during the development of the REC project. After CCE’s conversion of CAD 11 million that it had loaned to CDR into an additional 60% ownership interest in CDR, all funds received related to the infrastructure are distributed to CDR’s non-controlling shareholders as stated in the credit agreement between CCE and CDR. In 2015, the Company distributed $0.5 million related to the infrastructure to CDR’s non-controlling shareholders.