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SEGMENT REPORTING AND DISAGGREGATED REVENUE | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
SEGMENT REPORTING AND DISAGGREGATED REVENUE | 13. SEGMENT REPORTING We manage our casinos based on geographic regions within the United States. The casino/resort operations includes four segments: the Silver Slipper Casino and Hotel (Hancock County, Mississippi); Bronco Billy’s Casino and Hotel (Cripple Creek, Colorado); the Rising Star Casino Resort (Rising Sun, Indiana); and the Northern Nevada segment, consisting of the Grand Lodge Casino (Incline Village, Nevada) and Stockman’s Casino (Fallon, Nevada). The Company utilizes Adjusted Property EBITDA as the measure of segment profit in assessing performance and allocating resources at the reportable segment level. Adjusted Property EBITDA is defined as earnings before interest and other non-operating income (expense), taxes, depreciation and amortization, pre-opening expenses, impairment charges, asset write-offs, recoveries, gain (loss) from asset disposals, project development and acquisition costs, non-cash stock-based compensation expense, and corporate-related costs and expenses that are not allocated to each property. The following tables present the Company’s segment information:
(In Thousands) |  | For the Year Ended December 31,
|  | 2019 |  | 2018
Net Revenues |  |  |  |  |  |
Silver Slipper Casino and Hotel |  | $ | 73,201 |  | $ | 69,350
Rising Star Casino Resort |  |  | 45,620 |  |  | 47,966
Bronco Billy's Casino and Hotel |  |  | 27,507 |  |  | 26,942
Northern Nevada Casinos |  |  | 19,104 |  |  | 19,629
|  | $ | 165,432 |  | $ | 163,887
Adjusted Property EBITDA |  |  |  |  |  |
Silver Slipper Casino and Hotel |  | $ | 13,159 |  | $ | 12,126
Rising Star Casino Resort |  |  | 1,330 |  |  | 2,806
Bronco Billy's Casino and Hotel |  |  | 3,000 |  |  | 3,919
Northern Nevada Casinos |  |  | 3,161 |  |  | 3,375
|  |  | 20,650 |  |  | 22,226
Other operating (expense) income: |  |  |  |  |  |
Depreciation and amortization |  |  | (8,331) |  |  | (8,397)
Corporate expenses |  |  | (4,710) |  |  | (4,575)
Preopening costs |  |  | — |  |  | (274)
Project development costs |  |  | (1,037) |  |  | (843)
Loss on disposal of assets, net |  |  | (8) |  |  | (79)
Stock-based compensation |  |  | (348) |  |  | (632)
Operating income |  |  | 6,216 |  |  | 7,426
Other (expense) income: |  |  |  |  |  |
Interest expense |  |  | (10,728) |  |  | (10,306)
Loss on extinguishment of debt |  |  | — |  |  | (2,673)
Adjustment to fair value of warrants |  |  | (1,230) |  |  | 1,671
Other |  |  | — |  |  | (13)
|  |  | (11,958) |  |  | (11,321)
Loss before income taxes |  |  | (5,742) |  |  | (3,895)
Income tax expense |  |  | 80 |  |  | 476
Net loss |  | $ | (5,822) |  | $ | (4,371)
(In Thousands) |  | December 31,
|  | 2019 |  | 2018
Total Assets |  |  |  |  |  |
Silver Slipper Casino and Hotel |  | $ | 87,980 |  | $ | 79,094
Rising Star Casino Resort |  |  | 40,277 |  |  | 39,722
Bronco Billy's Casino and Hotel |  |  | 45,034 |  |  | 42,780
Northern Nevada Casinos |  |  | 18,612 |  |  | 12,395
Corporate and Other |  |  | 19,432 |  |  | 8,281
|  | $ | 211,335 |  | $ | 182,272
(In Thousands) |  | December 31,
|  | 2019 |  | 2018
Property and Equipment, net |  |  |  |  |  |
Silver Slipper Casino and Hotel |  | $ | 55,127 |  | $ | 56,369
Rising Star Casino Resort |  |  | 32,824 |  |  | 33,700
Bronco Billy's Casino and Hotel |  |  | 25,164 |  |  | 23,354
Northern Nevada Casinos |  |  | 7,297 |  |  | 7,434
Corporate and Other |  |  | 1,075 |  |  | 1,219
|  | $ | 121,487 |  | $ | 122,076

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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