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ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2013
ACCOUNTS RECEIVABLE  
ACCOUNTS RECEIVABLE

NOTE 2.  ACCOUNTS RECEIVABLE

 

Accounts receivable consist of the following:

 

 

 

December 31,

 

 

 

2013

 

2012

 

Casino

 

$

2,205,596

 

$

2,221,970

 

Hotel

 

434,821

 

563,651

 

Other

 

359,034

 

399,984

 

 

 

2,999,451

 

3,185,605

 

Less allowance for doubtful accounts

 

(370,991

)

(728,722

)

 

 

$

2,628,460

 

$

2,456,883

 

 

The Company recorded bad debt expense of $0, $0 and $84,798 in 2013, 2012 and 2011, respectively.  The Company calculates an allowance for doubtful accounts by applying a percentage, estimated by management based on historical aging experience, to the accounts receivable balance.