ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2020

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

NOTE 2. ACCOUNTS RECEIVABLE

Accounts receivable consist of the following (in thousands):

	December 31,
	2020		2019
Casino	$	2,701	$	3,599
Hotel		510		1,445
Other		636		514
		3,847		5,558
Less allowance for doubtful accounts		(111)		(100)
	$	3,736	$	5,458

The Company calculates an allowance for doubtful accounts by applying a percentage, estimated by management based on historical aging experience, current economic conditions and management’s expectations of future economic conditions, to the accounts receivable balance. The Company recorded bad debt expense of $159 thousand, $189 thousand and $93 thousand in 2020, 2019 and 2018, respectively.

The decrease in accounts receivable in 2020 year-over-year is primarily a result of the decrease in net revenue and especially the revenue from groups and convention events.