Annual report pursuant to Section 13 and 15(d)

REVENUES

v3.20.4
REVENUES
 12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
REVENUES REVENUES
The majority of the Company’s revenue is recognized 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,
2020 2019
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 10,536 78,389 44,872 56,175 189,972 7,806 96,777 53,728 58,186 216,497
Sales of food and beverages 14,713 9,945 5,357 — 30,015 11,974 32,347 11,246 — 55,567
Total revenues $ 25,249 $ 88,334 $ 50,229 $ 56,175 $ 219,987 $ 19,780 $ 129,124 $ 64,974 $ 58,186 $ 272,064

(A)Includes $50.4 million and $52.4 million for the years ended December 31, 2020 and 2019, respectively, due to management contract reimbursements reported under revenue accounting standard, ASC 606.