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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:    
Net loss $ (713) $ (24)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 1,380 1,325
Amortization of deferred project costs    0
Provision for doubtful accounts 25 9
Loss on debt extinguishment 0 0
Loss on disposal of property and equipment 94 22
Stock-based compensation 647 1,215
Changes in operating assets and liabilities:    
Restricted cash -NY Lottery and Purse Accounts (43) 902
Accounts receivable 447 (261)
Prepaid expenses and other current assets (71) (40)
Other assets 964 (27)
Accounts payable 727 184
Accrued expenses and other current liabilities (408) (14)
Net cash provided by operating activities 3,049 3,291
Cash flows from investing activities:    
Purchase of property and equipment (548) (711)
Restricted cash - Racing capital improvement 157 (12)
Project development costs (8,197) (750)
Net cash used in investing activities (8,588) (1,473)
Cash flows from financing activities:    
Stock issuance costs 1 (177)
Net cash used in financing activities 1 (177)
Net (decrease) increase in cash and cash equivalents (5,538) 1,641
Cash and cash equivalents, beginning of period 14,601 12,960
Cash and cash equivalents, end of period 9,063 14,601
Supplemental disclosures of cash flow information:    
Interest paid 1,044 1,262
Income taxes paid 15 23
Non-cash investing and financing activities:    
Common stock issued in settlement of preferred stock dividends 0 114
Repayment of short-term loan, related party, with proceeds from stock issued in rights offering 0 17,574
Project development costs included in accrued expenses $ 2,362 $ 207