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SEGMENT REPORTING AND DISAGGREGATED REVENUE (Tables) | 9 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Schedule of Disaggregation of Revenue | The following tables present the Company’s segment information:
(In thousands, Unaudited) |  | Three Months Ended September 30, 2019
|  | Silver |  |  |  |  | Bronco |  |  |  |  |  |  |  |  |
|  | Slipper |  | Rising Star |  | Billy’s |  | Northern |  |  |  |  |  |
|  | Casino |  | Casino |  | Casino |  | Nevada |  |  |  |  |  |
|  | and Hotel |  | Resort |  | and Hotel |  | Casinos |  | Corporate |  | Total
Net Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casino |  | $ | 10,718 |  | $ | 7,744 |  | $ | 6,438 |  | $ | 5,744 |  | $ | — |  | $ | 30,644
Food and beverage |  |  | 5,676 |  |  | 1,760 |  |  | 1,345 |  |  | 481 |  |  | — |  |  | 9,262
Hotel |  |  | 1,266 |  |  | 1,560 |  |  | 251 |  |  | — |  |  | — |  |  | 3,077
Other operations |  |  | 406 |  |  | 671 |  |  | 80 |  |  | 119 |  |  | — |  |  | 1,276
|  | $ | 18,066 |  | $ | 11,735 |  | $ | 8,114 |  | $ | 6,344 |  | $ | — |  | $ | 44,259
Adjusted Property EBITDA |  | $ | 3,009 |  | $ | 156 |  | $ | 1,582 |  | $ | 2,108 |  | $ | — |  | $ | 6,855
Other operating costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,089)
Corporate expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,064)
Project development and acquisition costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (228)
Loss on sale or disposal of asset, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (10)
Share-based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (70)
Operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,394
Other (expense) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,428)
Adjustment to fair value of warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (262)
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,690)
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 704
Income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (234)
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 938
(In thousands, Unaudited) |  | Three Months Ended September 30, 2018
|  | Silver |  |  |  |  | Bronco |  |  |  |  |  |  |  |  |
|  | Slipper |  | Rising Star |  | Billy’s |  | Northern |  |  |  |  |  |
|  | Casino |  | Casino |  | Casino |  | Nevada |  |  |  |  |  |
|  | and Hotel |  | Resort |  | and Hotel |  | Casinos |  | Corporate |  | Total
Net Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casino |  | $ | 11,635 |  | $ | 7,697 |  | $ | 5,607 |  | $ | 5,828 |  | $ | — |  | $ | 30,767
Food and beverage |  |  | 5,061 |  |  | 2,262 |  |  | 1,577 |  |  | 471 |  |  | — |  |  | 9,371
Hotel |  |  | 800 |  |  | 1,555 |  |  | 228 |  |  | — |  |  | — |  |  | 2,583
Other operations |  |  | 391 |  |  | 714 |  |  | 108 |  |  | 94 |  |  | — |  |  | 1,307
|  | $ | 17,887 |  | $ | 12,228 |  | $ | 7,520 |  | $ | 6,393 |  | $ | — |  | $ | 44,028
Adjusted Property EBITDA |  | $ | 3,072 |  | $ | 831 |  | $ | 1,463 |  | $ | 2,066 |  | $ | — |  | $ | 7,432
Other operating costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,094)
Corporate expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (960)
Preopening costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (140)
Project development and acquisition costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (390)
Share-based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (114)
Operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,734
Other (expense) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,513)
Adjustment to fair value of warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 463
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,050)
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,684
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 119
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 1,565
(In thousands, Unaudited) |  | Nine Months Ended September 30, 2019
|  | Silver |  |  |  |  | Bronco |  |  |  |  |  |  |  |  |
|  | Slipper |  | Rising Star |  | Billy’s |  | Northern |  |  |  |  |  |
|  | Casino |  | Casino |  | Casino |  | Nevada |  |  |  |  |  |
|  | and Hotel |  | Resort |  | and Hotel |  | Casinos |  | Corporate |  | Total
Net Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casino |  | $ | 34,732 |  | $ | 22,614 |  | $ | 17,244 |  | $ | 12,802 |  | $ | — |  | $ | 87,392
Food and beverage |  |  | 16,562 |  |  | 5,373 |  |  | 3,370 |  |  | 1,478 |  |  | — |  |  | 26,783
Hotel |  |  | 3,713 |  |  | 4,544 |  |  | 586 |  |  | — |  |  | — |  |  | 8,843
Other operations |  |  | 1,231 |  |  | 1,671 |  |  | 231 |  |  | 265 |  |  | — |  |  | 3,398
|  | $ | 56,238 |  | $ | 34,202 |  | $ | 21,431 |  | $ | 14,545 |  | $ | — |  | $ | 126,416
Adjusted Property EBITDA |  | $ | 10,448 |  | $ | 1,163 |  | $ | 3,074 |  | $ | 2,516 |  | $ | — |  | $ | 17,201
Other operating costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,263)
Corporate expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,582)
Project development and acquisition costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (503)
Loss on sale or disposal of asset, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (5)
Share-based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (263)
Operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,585
Other (expense) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8,062)
Adjustment to fair value of warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (161)
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8,223)
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,638)
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 51
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (1,689)
(In thousands, Unaudited) |  | Nine Months Ended September 30, 2018
|  | Silver |  |  |  |  | Bronco |  |  |  |  |  |  |  |  |
|  | Slipper |  | Rising Star |  | Billy’s |  | Northern |  |  |  |  |  |
|  | Casino |  | Casino |  | Casino |  | Nevada |  |  |  |  |  |
|  | and Hotel |  | Resort |  | and Hotel |  | Casinos |  | Corporate |  | Total
Net Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Casino |  | $ | 34,123 |  | $ | 23,194 |  | $ | 15,955 |  | $ | 13,097 |  | $ | — |  | $ | 86,369
Food and beverage |  |  | 14,231 |  |  | 6,610 |  |  | 3,835 |  |  | 1,417 |  |  | — |  |  | 26,093
Hotel |  |  | 2,412 |  |  | 4,529 |  |  | 507 |  |  | — |  |  | — |  |  | 7,448
Other operations |  |  | 1,122 |  |  | 1,650 |  |  | 260 |  |  | 244 |  |  | — |  |  | 3,276
|  | $ | 51,888 |  | $ | 35,983 |  | $ | 20,557 |  | $ | 14,758 |  | $ | — |  | $ | 123,186
Adjusted Property EBITDA |  | $ | 9,138 |  | $ | 2,100 |  | $ | 3,424 |  | $ | 2,526 |  | $ | — |  | $ | 17,188
Other operating costs and expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,300)
Corporate expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,311)
Preopening costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (140)
Project development and acquisition costs |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (557)
Loss on sale or disposal of asset, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (79)
Share-based compensation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (521)
Operating income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,280
Other (expense) income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest expense, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (7,519)
Loss on extinguishment of debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,673)
Adjustment to fair value of warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 886
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (9,306)
Loss before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,026)
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 356
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (3,382)
Schedule of Selected Statement of Operations Data |
(In thousands, Unaudited) |  | September 30, |  | December 31,
|  | 2019 |  | 2018
Total Assets |  |  |  |  |  |
Silver Slipper Casino and Hotel |  | $ | 87,744 |  | $ | 79,094
Rising Star Casino Resort |  |  | 39,451 |  |  | 39,722
Bronco Billy's Casino and Hotel |  |  | 44,088 |  |  | 42,780
Northern Nevada Casinos |  |  | 18,055 |  |  | 12,395
Corporate and Other |  |  | 19,150 |  |  | 8,281
|  | $ | 208,488 |  | $ | 182,272

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