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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 39,358 $ 60,539
Receivables, net 4,194 5,458
Income taxes receivable 94 185
Inventories 6,889 6,735
Prepaid expenses 5,393 6,238
Total current assets 55,928 79,155
Property and equipment    
Land 30,769 30,769
Land improvements 7,842 7,842
Buildings 193,235 193,235
Buildings improvements 31,986 31,986
Furniture and equipment 153,661 152,461
Construction in progress 295,429 285,789
Right of use assets 15,369 15,574
Leasehold improvements 3,848 3,848
Gross property and equipment 732,139 721,504
Less accumulated depreciation and amortization (223,550) (220,021)
Net property and equipment 508,589 501,483
Other assets    
Goodwill 25,111 25,111
Intangible assets, net 1,246 1,538
Deferred income taxes 2,683 2,683
Other assets, net 908 908
Total other assets 29,948 30,240
Total assets 594,465 610,878
Current liabilities    
Current portion of long-term debt 22,500 20,000
Accounts payable 6,579 17,037
Construction accounts payable 4,652 7,528
Accrued expenses 28,208 34,109
Short-term lease liability 788 791
Total current liabilities 62,727 79,465
Long-term lease liability 14,595 14,797
Long-term debt, net 173,049 175,415
Total liabilities 250,371 269,677
Stockholders' equity    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued
Common stock, $.01 par value, 30,000,000 shares authorized; 19,096,300 shares issued; 18,171,928 outstanding at March 31, 2020; 18,141,383 outstanding at December 31, 2019 191 191
Additional paid-in capital 35,660 35,215
Treasury stock, 924,372 shares at March 31, 2020; 954,917 shares at December 31, 2019 (12,349) (12,777)
Retained earnings 320,592 318,572
Total stockholders’ equity 344,094 341,201
Total liabilities and stockholders’ equity $ 594,465 $ 610,878