XML 48 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 30, 2012
Jan. 01, 2012
Current assets:    
Cash and cash equivalents $ 32,480 $ 38,557
Current portion of notes receivable from Indian casino projects   1,076
Deposits   2,250
Income taxes receivable 2,161 3,472
Other 1,255 1,130
Total current assets 35,896 46,485
Property and equipment 16,898 8,170
Accumulated depreciation (3,619) (3,107)
Property and equipment, net 13,279 5,063
Notes and interest receivable, net of current portion and allowance 38,247 34,160
Intangible assets, net of accumulated amortization of $2.1 and $1.1 million 3,127 4,184
Investment in unconsolidated investee 20,161 15,706
License fee 2,100  
Land held for sale 15 1,729
Other 981 228
Total other assets 24,387 17,833
Management fees receivable and other 4,786 7,315
Total long-term assets related to Indian casino projects 46,160 46,619
Total assets 119,722 116,000
Current liabilities:    
Accounts payable 433 354
Accrued payroll and related 737 534
Other accrued expenses 1,808 400
Total current liabilities 4,243 2,343
Total liabilities 7,545 6,911
Commitments and contingencies      
Shareholders' equity:    
Common stock, $.01 par value; authorized 200,000 shares; 26,441 and 26,406 common shares issued and outstanding 264 264
Additional paid-in capital 203,964 203,747
Deficit (92,051) (95,272)
Total Lakes Entertainment, Inc. shareholders' equity 112,177 108,739
Noncontrolling interest   350
Total equity 112,177 109,089
Total liabilities and shareholders' equity 119,722 116,000
Long-Term Asset [Member]
    
Current assets:    
Land held for development   960
Contract Acquisition Cost [Member]
    
Current liabilities:    
Current portion of contract acquisition costs payable, net of $0.7 and $0.9 million discount 1,265 1,055
Long-term contract acquisition costs payable, net of current portion and $0.7 and $1.4 million discount 3,302 4,568
Other Long-term Investments [Member]
    
Current assets:    
Land held for development $ 1,130 $ 170