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Consolidated Statements Of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Operating Activities:    
Net income (loss) $ 397,667 $ (992,206)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation 1,894,277 2,043,758
Stock-based compensation expense 233,541 187,959
Loss on disposal of assets   906,940
Tax (benefit) shortfall from exercise of stock options (61,300) 95,502
Increase in deferred income taxes 362,300 956,850
Changes in operating assets and liabilities:    
(Increase) decrease in accounts receivable (145,853) 10,878
Decrease (increase) in restricted cash 195,493 (391,662)
Increase in other current assets (130,731) (97,599)
Decrease (increase) in income taxes receivable 540,198 (403,923)
Increase in accounts payable and accrued wages & payroll taxes 265,484 226,551
(Decrease) increase in Card Casino accruals (119,625) 258,415
Increase in accrued property taxes 43,903 51,213
Decrease in payable to horsepersons (3,806) (9,893)
(Decrease) increase in due to MHBPA (30,107) 141,282
Net cash provided by operating activities 3,441,441 2,984,065
Investing Activities:    
Additions to land, buildings and equipment (720,363) (3,035,613)
Proceeds from sale of equipment 1,400 2,600
Proceeds from redemption of investments 29,430 644,387
Purchase of investments (231,099) (28,493)
Net cash used in investing activities (920,632) (2,417,119)
Financing Activities:    
Proceeds from issuance of common stock 235,208 143,319
Tax benefit from exercise of stock options 61,300  
Net cash provided by financing activities 296,508 143,319
Net increase in cash 2,817,317 710,265
Cash at beginning of year 5,451,462 4,741,197
Cash at end of year 8,268,779 5,451,462
Non-cash investing and financing activities:    
Additions to buildings and equipment funded through accounts payable 29,286 27,587
Proceeds from issuance of common stock funded through shares swapped 210,470 251,530
Supplemental disclosure of cash flow information:    
Income taxes (refunded) paid, net of amount paid (refunded) $ (247,436) $ 914,971