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Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Net revenues $ 69,540 $ 60,564 $ 187,228 $ 143,829
Operating costs and expenses:        
Selling, general and administrative 24,515 19,556 64,573 50,121
Development Projects 151 452 254 12,084
Depreciation and amortization 10,249 9,441 30,804 24,531
Total operating costs and expenses 79,196 78,285 235,382 207,763
Loss from operations (9,656) (17,721) (48,154) (63,934)
Interest expense (16,717) (15,932) (51,217) (33,385)
Other income (expense) (224) (345) (1,290) (438)
Interest income 198 106 597 635
Loss before income taxes (26,399) (33,892) (100,064) (97,122)
Income tax provision 0 0 0 0
Net loss (26,399) (33,892) (100,064) (97,122)
Dividends on Series B Preferred Stock (32) (32) (96) (96)
Net loss applicable to common stockholders $ (26,431) $ (33,924) $ (100,160) $ (97,218)
Weighted average common shares outstanding, basic (shares) 34,416 32,689 34,405 32,653
Weighted average common shares outstanding, diluted (shares) 34,416 32,689 34,405 32,653
Loss per common share, basic (usd per share) $ (0.77) $ (1.04) $ (2.91) $ (2.98)
Loss per common share, diluted (usd per share) $ (0.77) $ (1.04) $ (2.91) $ (2.98)
Unrealized (loss) gain on Interest Rate Cap $ (38) $ 39 $ 120 $ 226
Comprehensive loss (26,437) (33,853) (99,944) (96,896)
Gaming        
Revenues:        
Gross revenues 55,264 48,032 145,748 116,987
Operating costs and expenses:        
Cost of goods and services sold 32,003 36,382 101,850 92,180
Racing        
Revenues:        
Gross revenues 1,229 1,368 3,728 3,926
Operating costs and expenses:        
Cost of goods and services sold 2,877 2,223 7,950 5,948
Food and beverage        
Revenues:        
Gross revenues 7,351 6,417 22,611 13,536
Operating costs and expenses:        
Cost of goods and services sold 6,828 7,526 22,275 17,123
Room        
Revenues:        
Gross revenues 3,724 2,826 9,137 5,284
Operating costs and expenses:        
Cost of goods and services sold 2,552 2,662 7,631 5,622
Other        
Revenues:        
Gross revenues 1,972 1,921 6,004 4,096
Operating costs and expenses:        
Other $ 21 $ 43 $ 45 $ 154