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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net (loss) income $ (8,878,000) $ 17,596,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation of property and equipment 7,401,000 5,402,000
Amortization of intangible assets 1,578,000 1,367,000
Amortization of operating lease right of use assets 256,000 482,000
Share-based compensation - equity awards 5,542,000 151,000
Amortization of debt financial costs and discounts on debt 676,000 692,000
Bad debt expense 1,277,000 22,000
Deferred income taxes (3,954,000) 0
Gain on disposal of property and equipment 0 (2,000)
Changes in operating assets and liabilities:    
Accounts receivable 14,400,000 (3,432,000)
Inventory (146,000) (278,000)
Prepaid expenses and other assets 4,949,000 5,791,000
Accounts payable (6,582,000) 4,789,000
Accrued liabilities (7,915,000) (7,597,000)
Net cash provided by operating activities 17,312,000 24,983,000
Cash flows from investing activities:    
Capital expenditures, excluding Tiverton Casino Hotel and new hotel at Twin River Casino (2,999,000) (4,212,000)
Capital expenditures - Tiverton Casino Hotel 0 (1,277,000)
Capital expenditures - new hotel at Twin River Casino 0 (2,010,000)
Net cash used in investing activities (53,450,000) (17,105,000)
Cash flows from financing activities:    
Revolver borrowings 250,000,000 25,000,000
Term loan repayments (750,000) (1,200,000)
Share repurchases (31,341,000) (409,000)
Payment of shareholder dividends (3,199,000) 0
Net cash provided by financing activities 212,227,000 23,391,000
Net change in cash and cash equivalents and restricted cash 176,089,000 31,269,000
Cash and cash equivalents and restricted cash, beginning of period 185,502,000 81,431,000
Cash and cash equivalents and restricted cash, end of period 361,591,000 112,700,000
Supplemental disclosure of cash flow information:    
Cash paid for interest 3,743,000 6,286,000
Non-cash investing and financing activities:    
Unpaid property and equipment 896,000 5,928,000
Deposit applied to fixed asset purchases 0 981,000
Termination of operating leases via purchase of underlying assets 0 1,272,000
Stock issued for acquisition of Dover Downs Gaming & Entertainment, Inc. 0 86,780,000
Goodwill and Intangible Asset Impairment 8,708,000 0
Payment, Tax Withholding, Share-based Payment Arrangement 2,483,000 0
Income Taxes Paid, Net (165,000) 0
Dover Downs    
Cash flows from investing activities:    
Acquisition of Dover Downs Gaming & Entertainment, Inc., net of cash acquired 0 (9,606,000)
Black Hawk Casinos    
Cash flows from investing activities:    
Acquisition of Dover Downs Gaming & Entertainment, Inc., net of cash acquired $ (50,451,000) $ 0