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Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Cash$ 6,122,988$ 5,451,462
Restricted cash1,932,3901,341,656
Short-term investments100,0000
Accounts receivable, net of allowance of $31,537 and $34,805, respectively710,083394,314
Inventory213,036176,211
Prepaid expenses664,881564,984
Income taxes receivable485,807381,898
Deferred income taxes372,000320,400
Due from Minnesota horsemen associations772,14549,241
Total current assets11,373,3308,680,166
LONG-TERM ASSETS  
Deposits26,40020,000
Land, buildings and equipment, net of accumulated depreciation of $19,975,295 and $19,006,314, respectively22,979,05223,948,330
Total assets34,378,78232,648,496
LIABILITIES AND STOCKHOLDERS' EQUITY  
Accounts payable2,662,2042,252,527
Card Casino accruals1,764,5181,433,798
Accrued wages and payroll taxes829,193686,964
Due to MHBPA0193,592
Accrued property taxes726,614562,349
Payable to horsepersons27,88621,551
Total current liabilities6,010,4155,150,781
LONG-TERM LIABILITIES  
Deferred income taxes1,264,000951,900
COMMITMENTS AND CONTINGENCIES (Note 6)00
STOCKHOLDERS' EQUITY  
Common stock, $.01 par value, 10,000,000 shares authorized, 4,099,300 and 4,053,660, respectively, shares issued and outstanding40,99340,537
Additional paid-in capital16,349,01815,883,899
Retained earnings10,714,35610,621,379
Total stockholders' equity27,104,36726,545,815
Total liabilities and stockholders' equity$ 34,378,782$ 32,648,496