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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 38,320 $ 60,539
Receivables, net 5,751 5,458
Income taxes receivable 1,228 185
Inventories 6,994 6,735
Prepaid expenses 4,323 6,238
Total current assets 56,616 79,155
Property and equipment    
Land 30,769 30,769
Land improvements 7,842 7,842
Buildings 193,235 193,235
Buildings improvements 31,984 31,986
Furniture and equipment 149,718 152,461
Construction in progress 304,448 285,789
Right of use assets 15,167 15,574
Leasehold improvements 3,848 3,848
Gross property and equipment 737,011 721,504
Less accumulated depreciation and amortization (224,871) (220,021)
Net property and equipment 512,140 501,483
Other assets    
Goodwill 25,111 25,111
Intangible assets, net 955 1,538
Deferred income taxes 2,683 2,683
Other assets, net   908
Total other assets 28,749 30,240
Total assets 597,505 610,878
Current liabilities    
Current portion of long-term debt 25,000 20,000
Accounts payable 6,591 17,037
Construction accounts payable 3,100 7,528
Accrued expenses 25,528 34,109
Short-term lease liability 788 791
Total current liabilities 61,007 79,465
Long-term lease liability 14,392 14,797
Long-term debt, net 181,684 175,415
Total liabilities 257,083 269,677
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; 18,189,562 outstanding at June 30, 2020; 18,141,383 outstanding at December 31, 2019 191 191
Additional paid-in capital 36,089 35,215
Treasury stock, 906,738 shares at June 30, 2020; 954,917 shares at December 31, 2019 (12,103) (12,777)
Retained earnings 316,245 318,572
Total stockholders' equity 340,422 341,201
Total liabilities and stockholders' equity $ 597,505 $ 610,878