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Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating Activities:    
Net income $ 1,773,313 $ 1,472,247
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,738,900 1,572,660
Stock-based compensation expense 224,921 189,602
Deferred income taxes (96,700) (183,700)
Stock appreciation rights 141,686 79,907
Gain on disposal of assets (347,348)  
Gain on insurance proceeds (120,091)  
Tax benefit from exercise of stock-based awards (4,060) (7,895)
Changes in operating assets and liabilities:    
Increase in restricted cash (115,456) (429,775)
Increase in accounts receivable (199,379) (794,432)
(Increase) decrease in other current assets (412,962) 241,162
Decrease (increase) in income taxes (payable) receivable (433,252) 573,012
Increase in accounts payable 1,104,482 792,068
Increase in Card Casino accruals 540,097 366,179
Increase in accrued wages and payroll taxes 296,418 334,086
Increase in accrued property taxes 160,895 162,311
Increase in payable to horsepersons (109,523) 134,581
Net cash provided by operating activities 4,141,941 4,502,013
Investing Activities:    
Additions to buildings and equipment (3,841,086) (3,662,523)
Proceeds from sale of RV Park 99,441  
Proceeds from insurance claims 120,091  
Purchase of investments (465) (623)
Net cash used in investing activities (3,622,019) (3,663,146)
Financing Activities    
Proceeds from issuance of common stock 109,540 68,112
Cash dividends to shareholders (1,055,720)  
Tax benefit from exercise of stock-based awards 4,060 7,895
Net cash provided by (used in) financing activities (942,120) 76,007
Net increase (decrease) in cash and cash equivalents (422,198) 914,874
Cash and cash equivalents at beginning of period 8,761,925 8,739,209
Cash and cash equivalents at end of period 8,339,727 9,654,083
Supplemental disclosure of non-cash investing and financing activities:    
Additions to buildings and equipment funded through accounts payable 87,000 361,000
Supplemental disclosure of cash flow information:    
Income taxes paid, net of refunds $ 1,852,000 $ 650,000