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Equity Investment | 9 Months Ended
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Sep. 30, 2022
Equity Investment [Abstract] |
Equity Investment | 3. EQUITY INVESTMENT Following is summarized financial information regarding Smooth Bourbon as of September 30, 2022:
|  | For the three months ended |  | For the nine months ended
Amounts in thousands |  | September 30, 2022 |  | September 30, 2022
Operating Results |  |  |  |  |  |
Net operating revenue |  | $ | 3,959 |  | $ | 7,729
Earnings from continuing operations |  | $ | 3,725 |  | $ | 7,475
Net earnings |  | $ | 2,142 |  | $ | 4,268
Net earnings attributable to Century Casinos, Inc. |  | $ | 1,071 |  | $ | 2,134
The Company’s maximum exposure to losses at September 30, 2022 was $94.0 million, the value of its equity investment in Smooth Bourbon. ‎ Changes in the carrying amount of the investment in Smooth Bourbon for the nine months ended September 30, 2022 are presented in the table below.
Amounts in thousands |  |  | Balance at ‎January 1, 2022 |  |  | Acquisition |  |  | Equity Earnings |  |  | Dividend |  |  | Balance at September 30, 2022
Smooth Bourbon |  | $ | — |  | $ | 95,000 |  | $ | 2,134 |  | $ | (3,116) |  | $ | 94,018

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
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