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Condensed Consolidated Statements Of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
OPERATING REVENUES:        
Pari-mutuel $ 3,325,970 $ 3,276,216 $ 4,696,236 $ 4,805,848
Card Casino 7,381,906 6,932,066 14,222,533 13,352,237
Food and beverage 2,518,847 2,099,973 3,522,538 3,068,380
Other 1,663,598 1,526,047 2,355,893 2,018,490
Total Revenues 14,890,321 13,834,302 24,797,200 23,244,955
Less: Promotional allowances (42,244) (49,588) (68,085) (85,787)
Net Revenues 14,848,077 13,784,714 24,729,115 23,159,168
OPERATING EXPENSES:        
Purse expense 2,050,913 2,025,722 2,932,366 2,885,865
Minnesota Breeders' Fund 255,754 252,750 398,579 400,740
Other pari-mutuel expenses 519,915 557,701 804,184 895,608
Salaries and benefits 5,704,602 5,265,485 10,280,360 9,475,307
Cost of concession and other sales 1,137,371 1,024,981 1,658,525 1,561,715
Depreciation 607,605 508,635 1,171,710 1,035,255
Utilities 299,074 350,262 579,117 673,745
Advertising and marketing 703,698 674,187 909,309 820,072
Other operating expenses 2,600,177 2,373,109 4,363,768 3,966,148
Total Operating Expenses 13,879,109 13,032,832 23,097,918 21,714,455
INCOME FROM OPERATIONS 968,968 751,882 1,631,197 1,444,713
OTHER INCOME:        
Interest income 688 712 1,305 1,349
INCOME BEFORE INCOME TAXES 969,656 752,594 1,632,502 1,446,062
INCOME TAX EXPENSE (398,006) (309,660) (672,248) (597,121)
NET INCOME $ 571,650 $ 442,934 $ 960,254 $ 848,941
NET INCOME PER SHARE:        
Basic $ 0.14 $ 0.11 $ 0.23 $ 0.20
Diluted $ 0.14 $ 0.11 $ 0.23 $ 0.20
WEIGHTED AVERAGE SHARES OUTSTANDING:        
Basic 4,220,703 4,185,908 4,215,158 4,183,512
Diluted 4,229,938 4,200,325 4,218,860 4,201,818