Consolidated Balance Sheets (USD $)	Dec. 31, 2012	Dec. 31, 2011
CURRENT ASSETS
Cash and cash equivalents	$ 9,384,983	$ 8,268,779
Restricted cash	1,605,789	1,146,163
Short-term investments	203,195	201,669
Accounts receivable, net of allowance of $27,773	412,440	540,167
Inventory	212,072	183,122
Prepaid expenses	488,999	682,404
Due from Minnesota horsemen associations	16,829	44,372
Deferred income taxes	425,100	315,200
Income taxes receivable	3,746
Total current assets	12,753,153	11,381,876
LONG-TERM ASSETS
Deposits	26,400	26,400
Land, buildings and equipment, net	22,119,959	22,776,115
Total assets	34,899,512	34,184,391
CURRENT LIABILITIES
Accounts payable	2,785,534	2,432,818
Card Casino accruals	1,479,669	1,314,173
Accrued wages and payroll taxes	1,034,421	775,256
Due to MHBPA	548,300	158,616
Accrued property taxes	649,187	606,252
Payable to horsepersons	23,375	17,745
Income taxes payable		97,000
Total current liabilities	6,520,486	5,401,860
LONG-TERM LIABILITIES
Deferred income taxes	1,254,300	1,309,000
Stock appreciation rights	239,788
Total long-term liabilities	1,494,088	1,309,000
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Common stock, $.01 par value, 10,000,000 shares authorized, 4,147,000 and 4,101,701, respectively, shares issued and outstanding	41,477	41,017
Additional paid-in capital	16,903,245	16,413,468
Retained earnings	9,940,216	11,019,046
Total stockholders' equity	26,884,938	27,473,531
Total liabilities and stockholders' equity	$ 34,899,512	$ 34,184,391