| 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.
The Company’s revenue is all generated within the Entertainment and Traditional Golf segments. The following tables disaggregate revenue by category: Entertainment golf venues, public and private golf properties (owned and leased) and managed golf properties.
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Three Months Ended June 30, 2019 |
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Six Months Ended June 30, 2019 |
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Ent. golf venues |
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Public golf properties |
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Private golf properties |
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Managed golf properties |
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Total |
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Ent. golf venues |
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Public golf properties |
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Private golf properties |
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Managed golf properties |
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Total |
Golf operations |
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$ |
607 |
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$ |
28,902 |
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$ |
13,352 |
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$ |
14,525 |
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$ |
57,386 |
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$ |
1,288 |
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$ |
46,366 |
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$ |
28,806 |
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$ |
25,632 |
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$ |
102,092 |
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Sales of food and beverages |
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872 |
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10,116 |
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3,241 |
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— |
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14,229 |
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1,911 |
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15,593 |
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5,971 |
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— |
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23,475 |
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Total revenues |
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$ |
1,479 |
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$ |
39,018 |
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$ |
16,593 |
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$ |
14,525 |
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$ |
71,615 |
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$ |
3,199 |
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$ |
61,959 |
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$ |
34,777 |
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$ |
25,632 |
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$ |
125,567 |
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Three Months Ended June 30, 2018 |
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Six Months Ended June 30, 2018 |
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Ent. golf venues |
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Public golf properties |
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Private golf properties |
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Managed golf properties |
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Total |
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Ent. golf venues |
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Public golf properties |
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Private golf properties |
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Managed golf properties |
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Total |
Golf operations |
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$ |
855 |
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$ |
34,609 |
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$ |
26,891 |
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$ |
6,795 |
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$ |
69,150 |
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$ |
855 |
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$ |
56,979 |
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$ |
52,840 |
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$ |
12,030 |
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$ |
122,704 |
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Sales of food and beverages |
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952 |
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12,307 |
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8,595 |
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— |
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21,854 |
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952 |
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19,514 |
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14,494 |
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— |
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34,960 |
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Total revenues |
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$ |
1,807 |
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$ |
46,916 |
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$ |
35,486 |
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$ |
6,795 |
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$ |
91,004 |
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$ |
1,807 |
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$ |
76,493 |
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$ |
67,334 |
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$ |
12,030 |
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$ |
157,664 |
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