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ACCOUNTING STANDARDS AND SIGNIFICANT ACCOUNTING POLICIES (Schedule of Condensed Consolidated Statement of Income Previously Reported and Adoption of New Accounting Standards) (Details) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Operating revenue $ 59,141,570 $ 56,952,776
Calculated under Revenue Guidance in Effect before Topic 606 [Member]    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Promotional Allowances   145,165
Difference between Revenue Guidance in Effect before and after Topic 606 [Member]    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Promotional Allowances   145,165
Pari-mutuel    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Operating revenue $ 10,639,029 10,377,317
Pari-mutuel | Calculated under Revenue Guidance in Effect before Topic 606 [Member]    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Operating revenue   10,522,482
Pari-mutuel | Difference between Revenue Guidance in Effect before and after Topic 606 [Member]    
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]    
Operating revenue   $ (145,165)