Annual report pursuant to Section 13 and 15(d)

REVENUES

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REVENUES
 12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
REVENUES
REVENUES

The majority of the Company’s revenue is recognized at a point in time which is at the time of sale to customers at the Company’s Entertainment Golf venues and Traditional Golf properties, including green fees, cart rentals, bay play, events and sales of food, beverages and merchandise. Revenue from membership dues is recognized in the month earned. Membership dues received in advance are included in deferred revenue and recognized as revenue ratably over the appropriate period, which is generally twelve months or less for private club members and the following month for The Players Club members.

The Company’s revenue is all generated within the Entertainment and Traditional Golf segments. The following table disaggregates revenue by category: Entertainment Golf venues, public and private golf properties (owned and leased) and managed golf properties.
 
 
For Year Ended December 31,
 
 
2019
 
2018
 
 
Ent. golf venues
 
Public golf properties
 
Private golf properties
 
Managed golf properties (A)
 
Total
 
Ent. golf venues
 
Public golf properties
 
Private golf properties
 
Managed golf properties (A)
 
Total
Golf operations
 
7,806

 
96,777

 
53,728

 
58,186

 
216,497

 
2,191

 
116,009

 
101,669

 
24,777

 
244,646

Sales of food and beverages
 
11,974

 
32,347

 
11,246

 
—

 
55,567

 
2,713

 
39,280

 
27,730

 
—

 
69,723

Total revenues
 
$
19,780

 
$
129,124

 
$
64,974

 
$
58,186

 
$
272,064

 
$
4,904

 
$
155,289

 
$
129,399

 
$
24,777

 
$
314,369



(A)
Includes $52.4 million and $22.1 million for the years ended December 31, 2019 and 2018, respectively, due to management contract reimbursements reported under ASC 606.