Quarterly report pursuant to Section 13 or 15(d)

REVENUES (Tables)

v3.10.0.1
REVENUES (Tables)
 6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
In accordance with the new revenue standard requirements, the disclosure of the impact of adoption on the Consolidated Balance Sheet and Statement of Operations was as follows:

Consolidated Balance Sheet
 
 
June 30, 2018
 
 
As reported
 
Balances without Adoption of ASC 606
 
Effect of Change
Liabilities
 
 
 
 
 
 
Other current liabilities
 
$
15,145

 
$
19,954

 
$
(4,809
)
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
Accumulated Deficit
 
$
(3,084,934
)
 
$
(3,089,743
)
 
$
4,809


Consolidated Statement of Operations
 
 
Three Months Ended June 30, 2018
 
Six Months Ended June 30, 2018
 
 
As reported
 
Balances without Adoption of ASC 606
 
Effect of Change
 
As reported
 
Balances without Adoption of ASC 606
 
Effect of Change
Revenues
 
 
 
 
 
 
 
 
 
 
 
 
Golf operations
 
$
69,150

 
$
63,022

 
$
6,128

 
$
122,704

 
$
111,919

 
$
10,785

 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Costs
 
 
 
 
 
 
 
 
 
 
 
 
Operating expenses
 
$
67,042

 
$
60,914

 
$
6,128

 
$
124,421

 
$
113,636

 
$
10,785

Disaggregation of Revenue
The following table disaggregates revenue by category: public and private golf properties (owned and leased), managed golf properties and Entertainment golf venues.
 
 
Three Months Ended June 30, 2018
 
Six Months Ended June 30, 2018
 
 
Public golf properties
 
Private golf properties
 
Managed golf properties
 
Ent. golf venues
 
Total
 
Public golf properties
 
Private golf properties
 
Managed golf properties
 
Ent. golf venues
 
Total
Golf operations
 
34,609

 
26,891

 
6,795

 
855

 
69,150

 
56,979

 
52,840

 
12,030

 
855

 
122,704

Sales of food and beverages
 
12,307

 
8,595

 
—

 
952

 
21,854

 
19,514

 
14,494

 
—

 
952

 
34,960

Total revenues
 
$
46,916

 
$
35,486

 
$
6,795

 
$
1,807

 
$
91,004

 
$
76,493

 
$
67,334

 
$
12,030

 
$
1,807

 
$
157,664