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Condensed Consolidated Statements of Cash Flows (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities:    
Net income $ 3,434,125 $ 5,097,282
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 7,635,289 6,830,401
Amortization of deferred loan costs 151,912 128,790
Share based compensation 585,352 877,840
Provision for bad debts 324,244 (82,047)
Deferred income taxes 414,850  
Gain on disposal of assets (11,200) (1,500)
Changes in operating assets and liabilities:    
Receivables (700,618) 846,067
Inventories (7,664) (82,016)
Prepaid expenses 347,364 (686,951)
Accounts payable 1,514,586 (1,978,253)
Accrued expenses (2,584,712) (1,323,011)
Federal income taxes 193,939 644,671
Net cash provided by operating activities 11,297,467 10,271,273
Cash flows from investing activities:    
Proceeds from sale of assets 11,200 1,500
Acquisition of property and equipment (5,102,242) (2,465,795)
Net cash paid for Riviera Black Hawk, Inc. (66,746,605)  
Net cash used in investing activities (71,837,647) (2,464,295)
Cash flows from financing activities:    
Proceeds from exercise of stock options 13,336  
Principal payments on long-term debt (8,940,000) (11,600,000)
Proceeds from line of credit 72,260,000  
Net cash provided by (used in) financing activities 63,333,336 (11,600,000)
Net increase (decrease) in cash 2,793,156 (3,793,022)
Cash and cash equivalents at beginning of period 13,582,659 13,800,604
Cash and cash equivalents at end of period 16,375,815 10,007,582
Supplemental disclosure of cash flow information:    
Cash paid for interest 547,043 300,765
Cash paid for income taxes 3,125,000 2,100,000
Non cash transaction - reduction of jackpot liability   $ 638,865