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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Cash and Restricted Cash

The following table reconciles cash and restricted cash in the consolidated balance sheets to the total shown on the consolidated statements of cash flows.

			December 31,
(in thousands)			2020						2019						2018
Cash and cash equivalents			$	123,445					$	182,581					$	77,580
Restricted cash			3,110						2,921						3,851
Total cash and cash equivalents and restricted cash			$	126,555					$	185,502					$	81,431

Schedule of Cash and Restricted Cash

The following table reconciles cash and restricted cash in the consolidated balance sheets to the total shown on the consolidated statements of cash flows.

			December 31,
(in thousands)			2020						2019						2018
Cash and cash equivalents			$	123,445					$	182,581					$	77,580
Restricted cash			3,110						2,921						3,851
Total cash and cash equivalents and restricted cash			$	126,555					$	185,502					$	81,431

Schedule of Accounts Receivable

Accounts receivable, net consists of the following:

			December 31,
(in thousands)			2020						2019
Accounts due from Rhode Island and Delaware(1)			$	3,880					$	14,665
Gaming receivables			7,893						5,008
Non-gaming receivables			6,092						4,813
Accounts receivable, net			17,865						24,486
Less: Allowance for doubtful accounts			(3,067)						(1,296)
Accounts receivable, net			$	14,798					$	23,190

(1) Represents the Company’s share of VLT and table games revenue for Twin River Casino Hotel and Tiverton Casino Hotel from the State of Rhode Island and receivables from the State of Delaware for Dover Downs’ share of VLT and table games revenue.

Schedule of Allowance for Doubtful Accounts

The activity for the allowance for doubtful accounts is as follows:

			December 31,
(in thousands)			2020						2019						2018
Balance at beginning of year			$	1,296					$	1,009					$	845
Charges to expense			353						239						202
Deductions			(653)						(16)						(38)
Acquisitions			2,013						64						—
Other adjustments(1)			58						—						—
Balance at end of year			$	3,067					$	1,296					$	1,009

(1) Adjustment of $58 thousand resulting from Adoption of ASU 2016-13.

Property and Equipment

As of December 31, 2020 and 2019, property and equipment was comprised of the following:

			Estimated Useful Life (in years)						December 31,
									2020						2019
Land									$	78,506					$	35,146
Land improvements			3-40						29,965						24,372
Building and improvements			3-40						635,145						458,111
Equipment			3-10						125,667						104,245
Furniture and fixtures			3-10						30,277						22,764
Construction in process									8,799						1,806
Total property, plant and equipment									908,359						646,444
Less: Accumulated depreciation									(159,330)						(136,008)
Property and equipment, net									$	749,029					$	510,436

Schedule of Basic and Diluted EPS

			Years Ended December 31,
			2020						2019						2018
Net (loss) income applicable to common stockholders			$	(5,487)					$	55,130					$	72,078
Weighted average shares outstanding, basic			31,315,151						37,705,179						36,938,943
Weighted average effect of dilutive securities			—						114,438						1,612,765
Weighted average shares outstanding, diluted			31,315,151						37,819,617						38,551,708
Per share data
Basic			$	(0.18)					$	1.46					$	1.95
Diluted			$	(0.18)					$	1.46					$	1.87
Anti-dilutive shares excluded from the calculation of diluted earnings per share			4,919,326						3,251						—

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