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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Net revenues $ 60,074 $ 49,624 $ 117,688 $ 83,265
Operating costs and expenses:        
Selling, general and administrative 21,965 17,268 40,058 30,565
Development Projects 86 537 103 11,632
Depreciation and amortization 10,580 9,382 20,555 15,090
Total operating costs and expenses 79,942 71,849 156,186 129,478
Loss from operations (19,868) (22,225) (38,498) (46,213)
Interest expense (17,231) (15,057) (34,500) (17,453)
Other income (expense) 816 132 (1,066) (93)
Interest income 193 153 399 529
Loss before income taxes (36,090) (36,997) (73,665) (63,230)
Income tax provision 0 0 0 0
Net loss (36,090) (36,997) (73,665) (63,230)
Dividends on Series B Preferred Stock (32) (32) (64) (64)
Net loss applicable to common stockholders $ (36,122) $ (37,029) $ (73,729) $ (63,294)
Weighted average common shares outstanding, basic (shares) 34,396 32,663 34,399 32,601
Weighted average common shares outstanding, diluted (shares) 34,396 32,663 34,399 32,601
Loss per common share, basic (usd per share) $ (1.05) $ (1.13) $ (2.14) $ (1.94)
Loss per common share, diluted (usd per share) $ (1.05) $ (1.13) $ (2.14) $ (1.94)
Unrealized gain on Interest Rate Cap $ 123 $ 72 $ 158 $ 187
Comprehensive loss (35,967) (36,925) (73,507) (63,043)
Gaming        
Revenues:        
Gross revenues 45,862 40,309 90,484 68,955
Operating costs and expenses:        
Cost of goods and services sold 34,514 34,462 69,847 55,798
Racing        
Revenues:        
Gross revenues 1,236 1,194 2,499 2,558
Operating costs and expenses:        
Cost of goods and services sold 2,876 2,017 5,073 3,725
Food and beverage        
Revenues:        
Gross revenues 7,646 4,547 15,260 7,119
Operating costs and expenses:        
Cost of goods and services sold 7,326 6,031 15,447 9,597
Room        
Revenues:        
Gross revenues 2,923 1,774 5,413 2,458
Operating costs and expenses:        
Cost of goods and services sold 2,587 2,103 5,079 2,960
Other        
Revenues:        
Gross revenues 2,407 1,800 4,032 2,175
Operating costs and expenses:        
Other $ 8 $ 49 $ 24 $ 111