Canterbury Park Holding 10-K 31 Mar 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 18, 2014	Jun. 30, 2013
Document And Entity Information [Abstract]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Entity Registrant Name	'CANTERBURY PARK HOLDING CORP	'	'
Entity Central Index Key	'0000926761	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	4,181,083	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Public Float	'	'	$19,285,000

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2013	Dec. 31, 2012
CURRENT ASSETS	'	'
Cash and cash equivalents	$8,739,209	$9,384,983
Restricted cash	1,139,003	1,605,789
Short-term investments	203,902	203,195
Accounts receivable, net of allowance of $40,268 and $27,773, respectively	338,971	412,440
Inventory	244,281	212,072
Prepaid expenses	624,553	488,999
Due from Minnesota horsemen associations	2,355	16,829
Deferred income taxes (Note 3)	333,300	425,100
Income taxes receivable	330,672	3,746
Total current assets	11,956,246	12,753,153
LONG-TERM ASSETS	'	'
Deposits	26,400	26,400
Land, buildings and equipment, net (Note 2)	25,129,986	22,119,959
Total assets	37,112,632	34,899,512
CURRENT LIABILITIES	'	'
Accounts payable	3,502,871	2,785,534
Card Casino accruals	1,546,123	1,479,669
Accrued wages and payroll taxes	946,111	1,034,421
Due to MHBPA (Note 1)	'	548,300
Accrued property taxes	650,797	649,187
Payable to horsepersons	8,201	23,375
Total current liabilities	6,654,103	6,520,486
LONG-TERM LIABILITIES	'	'
Deferred income taxes (Note 3)	1,726,100	1,254,300
Stock appreciation rights (Note 5)	467,380	239,788
Total long-term liabilities	2,193,480	1,494,088
COMMITMENTS AND CONTINGENCIES (NOTES 8 and 9)	'	'
STOCKHOLDERS' EQUITY (Notes 4 and 5)	'	'
Common stock, $.01 par value, 10,000,000 shares authorized, 4,177,951 and 4,147,743, respectively, shares issued and outstanding	41,779	41,477
Additional paid-in capital	17,270,615	16,903,245
Retained earnings	10,952,655	9,940,216
Total stockholders' equity	28,265,049	26,884,938
Total liabilities and stockholders' equity	$37,112,632	$34,899,512

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Consolidated Balance Sheets [Abstract]	'	'
Accounts receivable, allowance	$40,268	$27,773
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	10,000,000	10,000,000
Common stock, shares issued	4,177,951	4,147,743
Common stock, shares outstanding	4,177,951	4,147,743

Consolidated_Statements_Of_Ope

Consolidated Statements Of Operations (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
OPERATING REVENUES:	'	'
Pari-mutuel	$11,179,285	$10,166,070
Card Casino	25,546,328	25,998,433
Concessions	6,470,088	6,002,202
Other	3,792,471	3,493,554
Total Revenues	46,988,172	45,660,259
Less: Promotional allowances	-251,735	-199,612
Net Revenues	46,736,437	45,460,647
OPERATING EXPENSES:	'	'
Purse expense	6,314,867	6,147,149
Minnesota Breeders' Fund	851,482	828,157
Other pari-mutuel expenses	1,635,663	1,519,996
Salaries and benefits	19,843,631	19,221,659
Cost of concession and other sales	3,499,312	3,355,493
Depreciation	1,861,702	1,772,760
Utilities	1,326,179	1,177,359
Advertising and marketing	1,728,192	1,495,186
Gain on disposal of assets	-23,752	'
Other operating expenses	7,965,352	7,983,114
Total Operating Expenses	45,002,628	43,500,873
INCOME FROM OPERATIONS	1,733,809	1,959,774
OTHER INCOME	'	'
Interest income	2,684	6,702
Net Other Income	2,684	6,702
INCOME BEFORE INCOME TAXES	1,736,493	1,966,476
INCOME TAX EXPENSE (Note 3)	-719,781	-950,112
NET INCOME	$1,016,712	$1,016,364
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING	4,164,437	4,130,738
WEIGHTED AVERAGE NUMBER OF DILUTIVE SHARES OUTSTANDING	4,189,489	4,165,401
BASIC NET INCOME PER COMMON SHARE (Note 6)	$0.24	$0.25
DILUTED NET INCOME PER COMMON SHARE (Note 6)	$0.24	$0.24

Consolidated_Statements_Of_Cha

Consolidated Statements Of Changes In Stockholders' Equity (USD $)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2011	$41,017	$16,413,468	$11,019,046	$27,473,531
Balance, shares at Dec. 31, 2011	4,101,701	'	'	'
Cash dividend paid	'	'	-2,072,227	-2,072,227
Exercise of stock options	250	176,813	'	177,063
Exercise of stock options, shares	24,985	'	'	'
Stock-based compensation	'	212,459	'	212,459
Tax benefit (expense) from exercise of stock options	'	32,458	'	32,458
Common stock repurchases	-39	-15,429	-22,967	-38,435
Common stock repurchases, shares	-3,867	'	'	-3,867
Issuance of restricted stock	168	-168	'	'
Issuance of restricted stock, shares	16,820	'	'	'
Shares issued under Employee Stock Purchase Plan	81	83,644	'	83,725
Shares issued under Employee Stock Purchase Plan, shares	8,104	'	'	'
Net income	'	'	1,016,364	1,016,364
Balance at Dec. 31, 2012	41,477	16,903,245	9,940,216	26,884,938
Balance, shares at Dec. 31, 2012	4,147,743	'	'	'
Exercise of stock options	55	39,300	'	39,355
Exercise of stock options, shares	5,515	'	'	'
Stock-based compensation	'	270,074	'	270,074
Tax benefit (expense) from exercise of stock options	'	-1,893	'	-1,893
Common stock repurchases	-8	-3,228	-4,273	-7,509
Common stock repurchases, shares	-809	'	'	-809
Issuance of restricted stock	183	-183	'	'
Issuance of restricted stock, shares	18,290	'	'	'
Shares issued under Employee Stock Purchase Plan	72	63,300	'	63,372
Shares issued under Employee Stock Purchase Plan, shares	7,212	'	'	'
Net income	'	'	1,016,712	1,016,712
Balance at Dec. 31, 2013	$41,779	$17,270,615	$10,952,655	$28,265,049
Balance, shares at Dec. 31, 2013	4,177,951	'	'	'

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Operating Activities:	'	'
Net income	$1,016,712	$1,016,364
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	1,861,702	1,772,760
Stock-based compensation expense	270,074	212,459
Increase (decrease) in deferred income taxes	563,601	-164,600
Tax expense (benefit) from exercise of stock-based awards	1,893	-32,458
Gain on disposal of assets	-23,752	'
Changes in operating assets and liabilities:	'	'
Decrease (increase) in restricted cash	466,786	-459,626
Decrease in accounts receivable	73,469	127,727
(Increase) decrease in other current assets	-167,763	164,454
Increase in income taxes receivable	-328,819	-68,288
Increase in accounts payable and accrued wages and payroll taxes	63,360	617,605
Increase in Card Casino accruals	66,454	165,496
Increase in stock appreciation rights	227,592	239,788
Increase in accrued property taxes	1,610	42,935
(Decrease) increase in payable to horsepersons	-15,174	5,630
(Decrease) increase in due to MHBPA	-533,826	417,227
Net cash provided by operating activities	3,543,919	4,057,473
Investing Activities:	'	'
Additions to buildings and equipment	-4,311,011	-1,122,328
Proceeds from sale of assets	28,700	'
Purchase of investments	-707	-1,526
Net cash used in investing activities	-4,283,018	-1,123,854
Financing Activities	'	'
Cash dividend paid to shareholders	'	-2,072,227
Common stock repurchases	-7,509	-38,435
Proceeds from issuance of common stock	102,727	260,789
Tax (expense) benefit from exercise of stock-based awards	-1,893	32,458
Net cash provided by (used in) financing activities	93,325	-1,817,415
Net (decrease) increase in cash and cash equivalents	-645,774	1,116,204
Cash and cash equivalents at beginning of year	9,384,983	8,268,779
Cash and cash equivalents at end of year	8,739,209	9,384,983
Supplemental disclosure of non-cash investing and financing activities:	'	'
Additions to buildings and equipment funded through accounts payable	589,229	23,562
Supplemental disclosure of cash flow information:	'	'
Income taxes paid, net of refunds	$485,000	$1,183,000

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Business – Canterbury Park Holding Corporation (the “Company”) was incorporated on March 24, 1994 and conducts pari-mutuel wagering operations and hosts “unbanked” card games at its Canterbury Park Racetrack and Card Casino facility (the “Racetrack”) in Shakopee, Minnesota.
	The Company’s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack each year from May until September and year-round wagering on races held at out-of-state racetracks that are televised simultaneously at the Racetrack (“simulcasting”).  Unbanked card games, in which patrons compete against each other, are hosted in the Card Casino at the Racetrack.  The Card Casino operates 24 hours a day, seven days a week.  The Card Casino offers both poker and table games at up to 80 tables.   The Company also derives revenues from related services and activities, such as concessions, parking, advertising signage, publication sales, operation of an RV park and from other entertainment events and activities held at the Racetrack.
	The consolidated financial statements include the accounts of the Company, Canterbury Park Concessions, Inc. (CPC), and Shakopee Valley RV Park Acquisition Company, LLC after elimination of intercompany accounts and transactions.
	Revenue Recognition – The Company’s revenues are derived primarily from the operations of a Card Casino, pari-mutuel wagering on simulcast and live horse races, concession sales, and related activities.  Collection revenue from Card Casino operations, a set percentage of wagers, is recognized at the time that the wagering process is complete.  Pari-mutuel revenues are recognized upon occurrence of the live race that is presented for wagering and after that live race is made official by the respective state’s racing regulatory body.  Revenues related to concession and publication sales and parking and admission fees are recognized as revenue when the service has been performed or the product has been delivered.  All sales taxes are presented on a net basis and are excluded from revenue.
	Estimates – The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
	Cash and Cash Equivalents – Cash and cash equivalents include all investments with original maturities of three months or less or which are readily convertible into known amounts of cash and are not legally restricted.  The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.
	Restricted Cash – Restricted cash represents refundable deposits and amounts due to horsemen for purses, stakes and awards, and amounts accumulated in card game progressive jackpot pools, the player pool and poker promotional fund to be used to repay card players in the form of promotions, giveaways, prizes, or by other means.
	Short-term Investments – Securities are classified as held to maturity when the Company has the positive intent and ability to hold them to maturity, and are measured at amortized cost.  At December 31, 2013 and 2012, all investments were classified as held-to-maturity.  The Company continually reviews its investments to determine whether a decline in fair value below the cost basis is other than temporary.  If the decline in fair value is judged to be other than temporary, the cost basis of the security is written down to fair value and the amount of the write-down is included in earnings.  Short-term investments consist of certificates of deposit at December 31, 2013 and 2012.  Amortized cost approximated fair value for both periods.
	Accounts Receivable – Accounts receivable are initially recorded for amounts due from other tracks for simulcast revenue, net of amounts due to other tracks, and for amounts due from customers related to special events.  Credit is granted in the normal course of business without collateral.  Accounts receivable are stated net of allowances for doubtful accounts, which represent estimated losses resulting from the inability of customers to make the required payments.  Accounts that are outstanding longer than the contractual terms are considered past due.  When determining the allowances for doubtful accounts, the Company takes several factors into consideration including the overall composition of the accounts receivable aging, its prior history of accounts receivable write-offs, the type of customers and its day-to-day knowledge of specific customers.  The Company writes off accounts receivable when they become uncollectible.  Changes in the allowances for doubtful accounts are recorded as bad debt expense and are included in other operating expenses in the Company’s consolidated statements of operations.
	Inventory – Inventory consists primarily of food and beverages, small wares and supplies and retail goods and is recorded at the lower of cost (first-in, first-out) or market.
	Unredeemed Pari-mutuel Tickets – The Company records a liability for winning tickets and vouchers upon the completion of a race and when a voucher is printed, respectively.  As uncashed winning tickets and vouchers are redeemed, this liability is reduced for the respective cash payment.  The Company recognizes revenue associated with the uncashed winning tickets and vouchers when the likelihood of redemption, based on historical experience, is remote.  While the Company continues to honor all winning tickets and vouchers presented for payment, management may determine the likelihood of redemption to be remote due to the length of time that has elapsed since the ticket was issued.  In these circumstances, if management also determines there is no requirement for remitting balances to government agencies under unclaimed property laws, uncashed winning tickets and vouchers may then be recognized as revenue in the Company’s consolidated statements of operations.
	During the quarter ended June 30, 2013, the Company reevaluated the likelihood of redemption relating to outstanding vouchers and through this assessment, the Company decreased the projected redemption rate.  The Company has determined that this adjustment to the likelihood of redemption relating to vouchers is a change in accounting estimate and has accounted for the change prospectively; i.e. the accounting change impacts interim reporting periods within fiscal year 2013 and future periods.  For the year ended December 31, 2013, the change in accounting estimate decreased the Company’s liability for outstanding pari-mutuel vouchers and increased pari-mutuel revenue in its consolidated statements of operations for the period by approximately $412,286 (pre-tax difference), increasing income from operations by this amount as well.  Net income increased approximately $239,150 (after taking income taxes into account), or by approximately $0.06 net income per basic and diluted common share.
	Promotional Allowances – The Company offers certain promotional allowances at no charge to patrons who participate in its player rewards program.  The retail value of these promotional items is shown as a deduction from total revenues on the Company’s consolidated statements of operations.
	Due to Minnesota Horsemen’s Benevolent and Protective Association, Inc. (“MHBPA”) – The Minnesota Pari-mutuel Horse Racing Act specifies that the Company is required to segregate a portion of funds (recorded as purse expense in the statements of operations), received from Card Casino operations and wagering on simulcast and live horse races, for future payment as purses for live horse races or other uses of the horsepersons’ associations.  Pursuant to an agreement with the MHBPA, the Company transferred into a trust account or paid directly to the MHBPA, approximately $6,325,000 and $5,175,000 for the years ended December 31, 2013 and 2012, respectively, related to thoroughbred races.  Minnesota Statutes specify that amounts transferred into the trust account are the property of the trust and not of the Company.
	Impairment of Long-Lived Assets – Management of the Company periodically reviews the carrying value of property and equipment for potential impairment by comparing the carrying value of these assets with their related expected undiscounted future net cash flows.  Should the sum of the related expected future net cash flows be less than the carrying value, management will determine whether an impairment loss should be recognized.  An impairment loss would be measured by the amount by which the carrying value of the asset exceeds the fair value of the asset.  Management has determined that no impairment of these assets exists at December 31, 2013.
	Advertising and Marketing – Advertising and marketing costs are charged to expense as incurred.  The related amounts are presented separately in the Company’s consolidated statements of operations.
	Land, Buildings, and Equipment – Land, buildings, equipment, and building improvements are capitalized at a level of $1,000 or greater and are recorded at cost.  Repair and maintenance costs are charged to operations when incurred.  Furniture, fixtures, and equipment are depreciated using the straight-line method over estimated useful lives ranging from 5 – 7 years, while buildings are depreciated over 15 – 39 years.  Building improvements are amortized using the straight-line method over the useful life of the assets.
	Card Casino Accruals – Minnesota law allows the Company to collect amounts from patrons to fund progressive jackpot pools in the Card Casino.  These amounts, along with amounts earned by the player pool, promotional pools, and the outstanding chip liability, are accrued as short-term liabilities at each balance sheet date.
	Income Taxes –  Income taxes are accounted for under the asset and liability method.  Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to reverse.
	The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority.
	Interest and penalties associated with uncertain income tax positions are presented in income tax expense.  For the years ended December 31, 2013 and 2012, the Company did not recognize any expense related to interest and penalties.
	Net Income Per Share – Basic net income per common share is based on the weighted average number of common shares outstanding during each year.  Diluted net income per common share takes into effect the dilutive effect of potential common shares outstanding.  The Company’s only potential common shares outstanding are stock options.
	Fair Values of Financial Instruments – Due to the current classification of all financial instruments of the Company and given the short-term nature of the related account balances, carrying amounts reported in the consolidated balance sheets approximate fair value.
	Stock-Based Employee Compensation – The Company accounts for share-based compensation awards on a fair value basis. The estimated grant date fair value of each stock-based award is recognized as expense over the requisite service period (generally the vesting period).  The estimated fair value of each option is calculated using the Black-Scholes option-pricing model.
	For more information on the Company’s stock-based compensation plans, see Note 5.

Land_Buildings_And_Equipment

Land, Buildings And Equipment	12 Months Ended
	Dec. 31, 2013
Land, Buildings And Equipment [Abstract]	'
Land, Buildings And Equipment	'
	2.LAND, BUILDINGS AND EQUIPMENT
	Land, buildings and equipment, at cost, consist of the following at December 31, 2013 and 2012:
		2013		2012
	Land	$	6,673,076	$	6,673,076
	Buildings and building improvements		22,107,644		20,559,125
	Furniture and equipment		18,663,552		16,909,702
			47,444,272		44,141,903
	Accumulated depreciation		-22,314,286		-22,021,944
		$	25,129,986	$	22,119,959

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	3.INCOME TAXES
	A reconciliation between income taxes computed at the statutory federal income tax rate and the effective tax rate for the years ended December 31, 2013 and 2012 is as follows:
		2013		2012
	Federal tax expense at statutory rates	$	587,367	$	668,602
	Nondeductible lobbying expense		29,115		102,332
	State expense, net of federal impact		128,146		155,738
	Stock option expense		12,465		22,862
	Other		-37,312		578
		$	719,781	$	950,112
	Income tax expense for the years ended December 31, 2013 and 2012 consists of the following:
		2013		2012
	Current
	Federal	$	179	$	864,576
	State		156,002		250,136
			156,181		1,114,712
	Deferred, primarily Federal		563,600		-164,600
		$	719,781	$	950,112
	Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.
	Significant components of the Company’s deferred tax assets and liabilities as of December 31, 2013 and 2012 are as follows:
		2013		2012
	Deferred tax assets
	Vacation accrual	$	68,400	$	68,800
	Player rewards program accrual		269,600		252,700
	Stock options and stock appreciation rights		339,300		259,700
	Other		-		103,600
	Total deferred tax assets	$	677,300	$	684,800
	Deferred tax liabilities
	Tax depreciation greater than book depreciation	$	-1,961,400	$	-1,410,000
	Deferred gain on sale of land		-104,000		-104,000
	Other		-4,700		-
	Total deferred tax liabilities	$	-2,070,100	$	-1,514,000
	The Company is subject to U.S. and Minnesota taxation.  The Company is no longer subject to U.S. federal, state, or local examinations by tax authorities for years before 2009.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity [Abstract]	'
Stockholders' Equity	'
	4.STOCKHOLDERS’ EQUITY
	Employee Stock Purchase Plan:
	On April 3, 1995, the Board of Directors adopted an Employee Stock Purchase Plan (the “ESPP”).  The ESPP is open to all employees of the Company working more than 15 hours per week.  Pursuant to Board action taken in September 2011, the ESPP was amended to consist of three-month phases.  From the ESPP inception date until September 30, 2011, the ESPP consisted of one-year phases.  The first phase using the amended ESPP commenced on October 1, 2011 and under the terms of the ESPP, employees are allowed to set aside a portion of their payroll earnings to purchase shares of the Company’s common stock.  Pursuant to Board action taken on June 2, 2012, and effective during the third quarter of 2012, the discount offered to employees as part of the ESPP was raised from 5% to 10%.  Employees purchased 7,212 and 8,153 shares in 2013 and 2012, respectively.  As of December 31, 2013, a total of 259,951 shares have been issued since inception out of the 350,000 shares authorized.
	401(k) Plan:
	On June 1, 1998, the Company established a defined contribution savings plan for employees who had completed one year of service, as defined in the Plan document.  The defined contribution savings plan allows for employee compensation deferral contributions under Section 401(k) of the Internal Revenue Code and discretionary contributions by the Company.  Employer contributions charged to operations for the years ended December 31, 2013 and 2012 were $134,319 and $120,345, respectively.
	Employee Stock Ownership Plan:
	In December 2004, the Company’s Board of Directors approved an Employee Stock Ownership Plan (the “ESOP”) effective for calendar years beginning January 1, 2004.  All eligible employees of the Company participate in the ESOP after completing one full calendar year of service.  Contributions to the ESOP are determined by the Board of Directors and can be made in cash or shares of the Company’s common stock.  Annual contributions are allocated to each participant based on compensation and vest in accordance with a six-year graded vesting schedule.  Compensation expense for the ESOP is determined based on the average fair value of shares on the date the Company commits to the contribution to the ESOP.  For the purposes of earnings per share, ESOP shares are included in weighted-average common shares outstanding at year-end as the shares are committed to be contributed on that date.  On October 24, 2008, the Company suspended its ESOP contribution for fiscal 2008 and no contributions have been made from January 1, 2008 to date.  During the first quarter of 2013, the Company’s Board of Directors approved an action to combine the ESOP with the 401(k) Plan to create a KSOP Plan.  This KSOP Plan allows the Company to use Company stock to match contributions from its employees should it so choose.  This combination became effective on July 15, 2013.  There was no match of Company stock to the KSOP in 2013.
	Stock Repurchase Plan:
	On August 24, 2012, the Company announced that its Board of Directors had authorized the repurchase of up to 100,000 shares of the Company’s common stock pursuant to Exchange Act Rule 12b-18.  During 2013, the Company repurchased 809 shares of common stock at an average price of $9.28 for an aggregate purchase price of $7,509.  During 2012, the Company repurchased 3,867 shares of common stock at an average price of $9.94 for an aggregate purchase price of $38,435.

StockBased_Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2013
Stock-Based Compensation [Abstract]	'
Stock-Based Compensation	'
	5.STOCK-BASED COMPENSATION
	Stock-based compensation is recorded at fair value as of the date of grant and included in the salaries and benefits expense line item on the consolidated statements of operations and amounted to $270,074 and $212,459 for the years ended December 31, 2013 and 2012, respectively.
	Stock Options:
	The Company’s 1994 Stock Plan (the “Plan”) provides for the granting of awards in the form of stock options, restricted stock, stock appreciation rights, and deferred stock to key employees and non-employees, including directors of and consultants to the Company and any subsidiary, to purchase up to a maximum of 1,450,000 shares of common stock.  The Company currently has 181,140 shares available for grant under the Plan.  Options that are granted under the Plan may be either options that qualify as “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (Incentive Stock Options), or those that do not qualify as Incentive Stock Options (Non-Qualified Stock Options).  The Plan is administered by the Board of Directors which determines the persons who are to receive awards under the Plan, the type of award to be granted, the number of shares subject to each award and, if an option, the exercise price of each option.  The Plan also provides for formula grants of Non-Qualified Stock Options to non-employee directors and consultants of the Company.
	The Plan provides that payment of the exercise price may be made in the form of unrestricted shares of common stock already owned by the optionee.  The Company calculates the fair market value of unrestricted shares as the average of the high and low sales prices on the date of exercise.  The Company’s common stock is purchased upon the exercise of stock options, and restricted stock awards are settled in shares of the Company’s common stock.
	Stock option activity related to the Plan during the years ended December 31, 2013 and 2012 is summarized below:
			2013						2012
						Weighted						Weighted
						Average						Average
			Number of			Exercise			Number of			Exercise
			Shares			Price			Shares			Price
	Outstanding at beginning of year			292,267		$	10.13			318,002		$	9.89
	Granted			-			-			-			-
	Exercised			-5,515			7.14			-24,985			7.09
	Expired/Forfeited			-15,000			13.86			-750			6.76
	Outstanding at end of year			271,752		$	9.99			292,267		$	10.13
	Options exercisable at end of year			271,752		$	9.99			272,142		$	10.27
	The grant-date fair value of options outstanding and exercisable at December 31, 2013 and 2012 was $1,063,000 and $1,115,000, respectively.  The weighted average remaining contractual term of these options is 4.9 and 5.2 years, respectively.
	There were no options granted in 2013 or 2012.  The total fair value of options exercised during the years ended December 31, 2013 and 2012 was $13,000 and $74,000, respectively.  The total income tax expense (benefit) recognized in the consolidated statements of operations for stock-based compensation arrangements was $1,893 and $(32,458) for 2013 and 2012, respectively.
	The following table summarizes information concerning all options outstanding and options exercisable as of December 31, 2013:
						Weighted
						Average			Weighted
						Remaining			Average
				Options		Contractual			Exercise		Options		Weighted Average
	Range of Exercise Price			Outstanding		Life in Years			Price		Exercisable		Exercise Price
	$	5.00 - 7.50		89,502		5.6		$	6.23		89,502		$	6.23
	$	7.51 - 11.25		77,750		6.3		$	8.34		77,750		$	8.33
	$	11.26 - 16.50		75,000		4.0		$	13.45		75,000		$	13.45
	$	16.51 - 17.25		29,500		0.9		$	16.94		29,500		$	16.94
		Total		271,752		4.9		$	9.99		271,752		$	9.99
	Board of Directors Stock Option and Restricted Stock Grants
	Pursuant to Board action taken on April 15, 2011 and shareholder approval on June 2, 2011, the Company’s Stock Plan was amended to authorize annual grants of restricted stock or stock options, or both, as determined by the Board.  Pursuant to the amended Stock Plan, on June 2, 2011, 1,000 shares of restricted stock were granted to each of the five non-employee members of the Board of Directors with a price per share equal to the market price on the date of grant of $14.66.  The restricted stock vested after one year and was subject to restrictions on resale for an additional year.  The compensation cost associated with the total grant of 5,000 shares was $73,300 that was recognized as expense over the one-year vesting period.  Also pursuant to the amended Stock Plan, on June 7, 2012, 2,364 shares of restricted stock were granted to each of the five non-employee members of the Board of Directors with a price per share equal to the market price on the date of grant of $12.69.  The restricted stock vested after one year and is subject to restrictions on resale for an additional year.  The compensation cost associated with the total grant of 11,820 shares was $149,996 and was recognized as expense over the one-year vesting period.  As of December 31, 2013, there was no unrecognized compensation cost related to this restricted stock grant.
	Additionally, on January 4, 2013, 1,250 shares of restricted stock were granted to a newly named non-employee member of the Board of Directors with a price per share equal to the market price on the date of grant of $10.00.  The restricted stock vested after one year and is subject to restrictions on resale for an additional year.  The compensation cost associated with this restricted stock grant of 1,250 shares for the year ended December 31, 2013 was $12,500.  As of December 31, 2013, there was no unrecognized compensation cost related to this restricted stock grant.
	Finally, on May 30, 2013, 2,840 shares of restricted stock were granted to each of the six non-employee members of the Board of Directors with a price per share equal to the market price on the date of grant of $10.56.  The restricted stock will vest 100% after one year and will be subject to restrictions on resale for an additional year.  The compensation cost associated with the total grant of 17,040 shares for the year ended December 31, 2013 was $104,966.  As of December 31, 2013, there was $74,976 of total unrecognized compensation cost related to this restricted stock grant which is expected to be recognized over 0.4 years.
	The number of shares that may be issued pursuant to restricted stock granted and the weighted average fair value during the years ended December 31, 2013 and 2012 is summarized below:
			2013						2012
						Weighted						Weighted
						Average						Average
						Fair Value						Fair Value
			Grant			Per Share			Grant			Per Share
	Board restricted stock			18,290		$	10.52			11,820		$	12.69
	Total shares			18,290						11,820
	Employee Stock Option and Deferred Stock Award Grants
	On April 23, 2009, 100,000 incentive stock options were granted to employees with an exercise price equal to the market price on the date of grant of $6.00.  The stock options vested over a 42-month period and expire in ten years.  The compensation cost associated with this grant of employee options was $92,555 and was recognized as expense over the 42-month vesting period.  The compensation cost associated with these options included in salaries and benefits expense was $22,037 for the year ended December 31, 2012.  As of December 31, 2012, there was no unrecognized compensation cost related to these stock options.
	Additionally, on February 25, 2010, 86,500 incentive stock options were granted to employees with an exercise price equal to the market price on the date of grant of $8.28.  The options vested over a 42-month period and expire in ten years.  The compensation cost associated with this grant of employee options was $282,355 and was recognized as expense over the 42-month vesting period.  The compensation cost associated with these options included in salaries and benefits expense for the years ended December 31, 2013 and 2012 was $47,059 and $70,589, respectively.  As of December 31, 2013, there was no unrecognized compensation cost related to these stock options.
	Finally, on December 13, 2012, 20,500 shares of deferred stock awards were granted to employees with a price per share equal to the market price on the date of grant of $9.84.  The awards vest ratably over a four-year period.  The compensation cost associated with this grant of employee awards is $172,200 to be recognized as expense over the four-year vesting period.  The compensation cost related to these awards included in salaries and benefits expense for the years ended December 31, 2013 and 2012 was $43,050 and $1,794, respectively.  As of December 31, 2013, there was $127,356 of total unrecognized compensation cost related to these deferred stock awards which is expected to be recognized over 3.0 years.
	Stock Appreciation Rights (“SARs”)
	As part of the Cooperative Marketing Agreement discussed in Note 13, on June 14, 2012, the Company signed a Stock Appreciation Rights Agreement (the “SAR Agreement”) and issued SARs to non-employees.  The SAR Agreement granted rights to non-employees to benefit from the appreciation in the value of 165,000 shares of Company common stock above $14.30 per share, a price agreed upon by the two parties.  Each right represents the right to be paid the appreciation in the value of one share of stock above $14.30.  Ten percent of the rights (16,500 rights) vested immediately and the remaining rights vest at the rate of 16,500 per year beginning in January 2013.  As of December 31, 2013, 33,000 rights had vested.  The SAR Agreement provides for the cash payment of the excess of the fair market value of Canterbury Park Holding Corporation’s common stock price on the date of exercise over the grant price.  SARs have no effect on dilutive shares or shares outstanding as any appreciation of the Company’s common stock value over the grant price is paid in cash and not in common stock.  The SAR Agreement and all rights granted expire on December 31, 2022.
	The fair value of SARs is revalued (mark-to-market) each reporting period using the Black-Scholes valuation model based on the Company’s period-end stock price.  The expected term of the SARs granted is based on the contractual term.  Expected volatility is based on the historical volatility of the Company’s stock for the length of time corresponding to the expected term of the SARs.  The expected dividend yield is based on the Company’s anticipated dividend payments.  The risk-free interest rate is based on the U.S. treasury yield curve in effect as of the reporting date for the length of time corresponding to the expected term of the SARs.
	The following weighted-average assumptions were used in calculating the fair value of SARs granted during the years ended December 31, 2013 and 2012, using the Black-Scholes valuation model:
				2013			2012
	Expected dividend yield			0.00	%		0.00	%
	Expected weighted-average volatility			49.5	%		47.8	%
	Risk-free interest rate			2.84	%		1.65	%
	Expected term of SARs (in years)			9.00			10.25
	There were no exercises during the years ended December 31, 2013 or 2012.  The total liability of the SARs at December 31, 2013 was $467,380.
	Changes to the Company’s non-vested SARs during the years ended December 31, 2013 and 2012, are as follows:
			SARs			Weighted Average Fair Value
	Non-vested SARs at December 31, 2011			—		$	—
	Granted			165,000			4.72
	Vested			-16,500			4.72
	Cancellations			—			—
	Non-vested SARs at December 31, 2012			148,500		$	5.24
Granted			—			—
Vested			-16,500			5.03
Cancellations			—			—
Non-vested SARs at December 31, 2013			132,000		$	5.41

Net_Income_Per_Share_Computati

Net Income Per Share Computations	12 Months Ended
	Dec. 31, 2013
Net Income Per Share Computations [Abstract]	'
Net Income Per Share Computations	'
	6.NET INCOME PER SHARE COMPUTATIONS
	The following is a reconciliation of the numerator and denominator of the net income per common share computations for the years ended December 31, 2013 and 2012:
		2013		2012
	Net income (numerator) amounts used for basic and diluted per share computations:	$	1,016,712	$	1,016,364
	Weighted average shares (denominator) of common stock outstanding:
	Basic		4,164,437		4,130,738
	Plus dilutive effect of stock options		25,052		34,663
	Diluted		4,189,489		4,165,401
	Net income per common share:
	Basic	$	0.24	$	0.25
	Diluted		0.24		0.24
	Options to purchase 104,500 shares of common stock at an average of $14.44 per share were outstanding but not included in the computation of diluted net income per share at December 31, 2013 because the options were out of the money at December 31, 2013.
	Options to purchase 119,500 shares of common stock at an average of $14.36 per share were outstanding but not included in the computation of diluted net income per share at December 31, 2012 because the options were out of the money at December 31, 2012.

General_Credit_Agreement

General Credit Agreement	12 Months Ended
	Dec. 31, 2013
General Credit Agreement [Abstract]	'
General Credit Agreement	'
	7.GENERAL CREDIT AGREEMENT
	The Company has a general credit and security agreement with Bremer Bank, which provides a revolving credit line of up to $3,000,000.  On May 6, 2013, the Company signed an amendment with Bremer Bank extending the expiration date from May 5, 2013 to May 5, 2014, while keeping previous provisions intact.  The Company had no borrowings under the credit line during the years ended December 31, 2013 or 2012.  The credit agreement contains certain covenants requiring the Company to maintain certain financial ratios.  The Company was in compliance with these requirements as of December 31, 2013.

Operating_Leases_And_Commitmen

Operating Leases And Commitments	12 Months Ended
	Dec. 31, 2013
Operating Leases And Commitments [Abstract]	'
Operating Leases And Commitments	'
	8.OPERATING LEASES AND COMMITMENTS
	Purchase Obligations
	In March 2008, the Company entered into a six-year service agreement with its totalizator provider.  Pursuant to the agreement, the vendor provides totalizator equipment and computer programs which record and process all wagers and calculate odds and payoffs.  Amounts charged to operations under this agreement for the years ended December 31, 2013 and 2012 were $225,000 and $218,418, respectively.  In March 2014, the Company entered into a seven-year agreement with a new totalizator provider.  Under the new agreement, $221,345 will be charged to operations in year one.
	Operating Lease Obligations
	The Company has entered into operating leases for rental of office equipment and for track equipment to maintain the Racetrack.  Amounts charged to operations under these agreements for the years ended December 31, 2013 and 2012 were $130,436 and $118,625, respectively.  All such leases expire in or before February 2018.  Future lease payment obligations under these leases are provided in the table below:
	Lease Obligations	TOTAL	2014	2015	2016	2017	2018
	Operating Leases	$	$	$	$	$	$
		234,200	125,900	49,400	29,200	27,300	2,400

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2013
Contingencies [Abstract]	'
Contingencies	'
	9.CONTINGENCIES
	Canterbury Park Holding Corporation was incorporated on March 24, 1994.  On March 29, 1994, the Company acquired all the outstanding securities of Jacobs Realty, Inc. (“JRI”) from Irwin Jacobs and IMR Fund, L.P. (an investment fund for various pension plans and trusts).  JRI was merged into the Company, and the acquisition was accounted for under the purchase method of accounting whereby the acquired assets and liabilities have been recorded at the Company’s cost.  The primary asset of JRI was Canterbury Downs Racetrack and the 325 acres of surrounding land.
	On May 20, 1994, the Company adopted a plan of Reorganization pursuant to which the sole shareholder of Canterbury Park Concessions, Inc. (“CPC”), and majority shareholder of the Company, agreed to exchange his shares of CPC stock for 198,888 shares of the Company’s common stock concurrent with the closing of a public offering.  Pursuant to the Plan of Reorganization, CPC became a wholly-owned subsidiary of the Company in August 1994 when the Company completed the initial public offering of its common stock.  This reorganization was treated in a manner similar to a pooling of interests.  Net proceeds received by the Company from the public offering were approximately $4,847,000, which along with additional borrowings under the Company’s line of credit with the majority shareholder, were used to pay off the remaining notes payable from the acquisition of JRI.
	In connection with the purchase of the Racetrack, the Company entered into an Earn Out Promissory Note dated March 29, 1994.  In accordance with the Earn Out Note, if (i) off-track betting becomes legally permissible in the State of Minnesota and (ii) the Company begins to conduct off-track betting with respect to or in connection with its operations, the Company will be required to pay to the IMR Fund, L.P. the greater of $700,000 per operating year, as defined, or 20% of the net pretax profit, as defined for each of five operating years.  At this time, management believes that the likelihood that these two conditions will be met and that the Company will be required to pay these amounts is remote.  At the date (if any) that these two conditions are met, the five minimum payments will be discounted back to their present value and the sum of those discounted payments will be capitalized as part of the purchase price in accordance with generally accepted accounting principles.  The purchase price will be further increased if payments become due under the “20% of Net Pretax Profit” calculation.  The first payment is to be made 90 days after the end of the third operating year in which off-track betting is conducted by the Company.  Remaining payments would be made within 90 days of the end of each of the next four operating years.
	Additionally, the Company entered into a Cooperative Marketing Agreement (the “CMA”) with the Shakopee Mdewakanton Sioux Community which became effective on June 15, 2012.  The CMA contains certain covenants which, if breached, would trigger an obligation to repay a specified amount related to such covenant.  At this time, management believes that the likelihood that the breach of a covenant will occur and that the Company will be required to pay the specified amount related to such covenant is remote.
	In August 2012, North Metro Harness Initiative, LLC (“NMHI”) initiated litigation against the MHBPA and the Company seeking to be relieved of its obligations to supplement purses at Canterbury Park under its Purse Supplement Agreement with the MHBPA.  The Company believed the theories asserted by NMHI in its complaint against them were without merit, and the Company and the MHBPA brought motions to dismiss NMHI’s lawsuit.  In addition, both the Company and the MHBPA moved for an order compelling arbitration of the claims in NMHI’s lawsuit, which is the only remedy permitted by the terms of the Purse Supplement Agreement. On May 2, 2013, the Fourth Judicial District Court ordered that NMHI’s claims against the Company be dismissed with prejudice.
	The Company is periodically involved in various claims and legal actions arising in the normal course of business.  Management believes that the resolution of any pending claims and legal actions at December 31, 2013 and as of the date of this report will not have a material impact on the Company’s consolidated financial results of operations.
	The Company has committed to payment of statutory distributions under a $500,000 bond issued to the Minnesota Racing Commission as required by Minnesota statute.  The Company was not required to make any payments related to this bond in 2013 or 2012, and there is no liability related to this bond on the balance sheet as of December 31, 2013.

RelatedParty_Transactions

Related-Party Transactions	12 Months Ended
	Dec. 31, 2013
Related-Party Transactions [Abstract]	'
Related-Party Transactions	'
	10.RELATED-PARTY TRANSACTIONS
	The Company paid a combined total of $40,000 in both 2013 and 2012 to the Chairman and Vice Chairman of the Company as further director compensation for their additional responsibilities as described in consulting agreements with each individual.

Operating_Segments

Operating Segments	12 Months Ended
	Dec. 31, 2013
Operating Segments [Abstract]	'
Operating Segments	'
	11.OPERATING SEGMENTS
	The Company has three reportable operating segments: horse racing, Card Casino, and concessions.  The horse racing segment primarily represents simulcast and live horse racing operations and the operation of an RV park.  The Card Casino segment represents operations of Canterbury Park’s Card Casino, and the concessions segment represents food and beverage operations provided during simulcast and live racing, in the Card Casino, and during special events.  The Company’s reportable operating segments are strategic business units that offer different products and services.  They are managed separately because the segments differ in the nature of the products and services provided as well as processes to produce those products and services.  The Minnesota Racing Commission regulates the horse racing and Card Casino segments.
	Depreciation, interest expense and income taxes are allocated to the segments but no allocation is made to concessions for shared facilities.  However, the concessions segment pays approximately 25% of gross revenues earned on live racing and special event days to the horse racing segment for use of the facilities.
	The following tables provide information about the Company’s operating segments (in 000’s):
		Year Ended December 31, 2013
		Horse Racing		Card Casino		Concessions		Total
	Net revenues from external customers	$	14,704	$	25,545	$	6,487	$	46,736
	Intersegment revenues		635		-		1,499		2,134
	Net interest income		3		-		-		3
	Depreciation		1,198		540		124		1,862
	Segment (loss) income before income taxes		-2,138		4,654		524		3,040
		At December 31, 2013
	Segment Assets	$	34,870	$	1,640	$	13,845	$	50,355
		Year Ended December 31, 2012
		Horse Racing		Card Casino		Concessions		Total
	Net revenues from external customers	$	13,451	$	25,999	$	6,011	$	45,461
	Intersegment revenues		498		-		1,548		2,046
	Net interest income		7		-		-		7
	Depreciation		1,076		561		136		1,773
	Segment (loss) income before income taxes		-2,191		4,792		574		3,175
		At December 31, 2012
	Segment Assets	$	31,950	$	2,337	$	12,538	$	46,825
	The following are reconciliations of reportable segment revenues, income before income taxes, and assets, to the Company’s consolidated totals for the years ended December 31, 2013 and 2012 (in 000’s):
		2013		2012
	Revenues
	Total net revenue for reportable segments	$	48,870	$	47,507
	Elimination of intersegment revenues		-2,134		-2,046
	Total consolidated net revenues	$	46,736	$	45,461
	Income before income taxes
	Total segment income before income taxes	$	3,040	$	3,175
	Elimination of intersegment income before income taxes		-1,304		-1,209
	Total consolidated income before income taxes	$	1,736	$	1,966
		December 31,		December 31,
		2013		2012
	Assets
	Total assets for reportable segments	$	50,355	$	46,825
	Elimination of intercompany receivables		-13,242		-11,925
	Total consolidated assets	$	37,113	$	34,900

Supplementary_Financial_Inform

Supplementary Financial Information	12 Months Ended
	Dec. 31, 2013
Supplementary Financial Information [Abstract]	'
Supplementary Financial Information	'
	12.SUPPLEMENTARY FINANCIAL INFORMATION (UNAUDITED)
		2013 Quarter Ended
		31-Mar	30-Jun	30-Sep	31-Dec
	Net revenues	$	$	$	$
		9,144,568	13,280,950	14,274,459	10,036,460
	Operating expenses	8,638,940	12,948,626	13,999,754	9,415,308
	Net income	291,081	193,248	170,503	361,880
	Basic net income per share	0.07	0.05	0.04	0.09
	Diluted net income per share	0.07	0.05	0.04	0.09
		2012 Quarter Ended
		31-Mar	30-Jun	30-Sep	31-Dec
	Net revenues	$	$	$	$
		9,608,710	11,964,084	13,787,685	10,100,168
	Operating expenses	8,603,751	12,257,434	13,401,106	9,238,582
	Net income	532,504	-166,536	202,034	448,362
	Basic net income per share	0.13	-0.04	0.05	0.11
	Diluted net income per share	0.13	-0.04	0.05	0.11
	Certain amounts included for the quarter ended September 30, 2012 have been reclassified to conform to the 2012 year end presentation.
	The sum of the quarterly net income (loss) per share amounts may not equal the annual net income (loss) per share total because of changes in the weighted average number of shares outstanding that occurred during the year.

Cooperative_Marketing_Agreemen

Cooperative Marketing Agreement	12 Months Ended
	Dec. 31, 2013
Cooperative Marketing Agreement [Abstract]	'
Cooperative Marketing Agreement	'
	13. COOPERATIVE MARKETING AGREEMENT
	On June 4, 2012, the Company entered into a Cooperative Marketing Agreement (the “CMA”) with the Shakopee Mdewakanton Sioux Community (“SMSC”).  The primary purpose of the CMA is to increase purses paid during live horse racing at Canterbury Park’s Racetrack in order to strengthen Minnesota’s horse industry.  Under the terms of the CMA, the SMSC paid the horsemen $2.7 million in June 2012 and $5.3 million in February 2013 for purse enhancements.  After 2013, the SMSC is obligated to contribute the additional amounts listed below for purse enhancements.
	The Company and the SMSC have also agreed in the CMA to partner in joint marketing efforts for their mutual benefit, including signage, joint promotions, player benefits and events.  Under the CMA, the SMSC paid the Company $300,000 in June 2012 and $600,000 in February 2013 for marketing purposes.  After 2013, the SMSC is obligated to pay the additional amounts listed below to be used for mutually agreeable marketing purposes.
	Under the CMA, the SMSC has agreed to make the following purse enhancement and marketing payments in 2014 through 2022:
	Year	Purse Enhancement Payments to Horsemen	Marketing Payments to Canterbury Park
	2014	$5,840,000	$660,000
	2015	6,434,000	726,000
	2016	7,087,400	798,600
	2017	7,806,140	878,460
	2018	8,000,000	900,000
	2019	8,000,000	900,000
	2020	8,000,000	900,000
	2021	8,000,000	900,000
	2022	8,000,000	900,000
	The Company does not have a financial interest in any part of the purse enhancement payments.  Therefore, purse enhancement payments have no impact on the Company’s financial statements.
	The amounts earned from the marketing payments are recorded as a component of other revenue and the related expenses are recorded as a component of advertising and marketing expense and depreciation in the Company’s consolidated statements of operations.  For the year ended December 31, 2013, the Company recorded $595,628 in other revenue and incurred $490,072 in advertising and marketing expense and $105,556 in depreciation related to the SMSC marketing payment.  For the year ended December 31, 2012, the Company recorded $112,857 in other revenue and incurred $112,857 in advertising and marketing expense related to the SMSC marketing payment.  The excess of amounts received over revenues is reflected as deferred revenue which is included in accounts payable on the consolidated balance sheets.
	Under the CMA, the Company agreed it would not promote or lobby the Minnesota legislature for expanded gambling authority and will support the SMSC’s lobbying efforts against expanding gambling authority.
	As part of the CMA and pursuant to a related SAR Agreement dated June 14, 2012, the Company issued stock appreciation rights to the SMSC.  The SAR Agreement granted rights to the SMSC to benefit from the appreciation in the value of 165,000 shares of Company common stock above $14.30 per share, a price agreed upon by the two parties.  Each right represents the right to be paid the appreciation in the value of one share of stock above $14.30.  Ten percent of the rights (16,500 rights) vested immediately and the remaining rights vest at the rate of 16,500 per year beginning in January 2013.  As of December 31, 2013, 33,000 rights had vested.   The SAR Agreement provides for the cash payment of the excess of the fair market value of Canterbury Park Holding Corporation’s common stock price on the date of exercise over the grant price.  The SAR Agreement and all rights granted expire on December 31, 2022.  The liability related to these stock appreciation rights is recorded as a long-term liability and the Company recognizes the income or expense related to the fluctuation in the value of the stock appreciation rights against the revenues recorded relating to the marketing payment due to the nature of the CMA.  Any excess expenses will be recognized as a component of other operating expenses. For the year ended December 31, 2013, the Company recognized $227,592 of expense related to these stock appreciation rights, of which $227,592 was recorded as an offset to other revenue.   For the year ended December 31, 2012, the Company recognized $239,788 of expense related to these stock appreciation rights, of which $112,857 was recorded as an offset to other revenue and $126,931 was recorded as other operating expenses.  In the future, changes in the fair value of these stock appreciation rights will increase or decrease the stock appreciation rights liability, and the Company will recognize an additional offset to other revenue and/or other operating expenses related to these changes.

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies (Policy)	12 Months Ended
	Dec. 31, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Business	'
	Business – Canterbury Park Holding Corporation (the “Company”) was incorporated on March 24, 1994 and conducts pari-mutuel wagering operations and hosts “unbanked” card games at its Canterbury Park Racetrack and Card Casino facility (the “Racetrack”) in Shakopee, Minnesota.
	The Company’s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack each year from May until September and year-round wagering on races held at out-of-state racetracks that are televised simultaneously at the Racetrack (“simulcasting”).  Unbanked card games, in which patrons compete against each other, are hosted in the Card Casino at the Racetrack.  The Card Casino operates 24 hours a day, seven days a week.  The Card Casino offers both poker and table games at up to 80 tables.   The Company also derives revenues from related services and activities, such as concessions, parking, advertising signage, publication sales, operation of an RV park and from other entertainment events and activities held at the Racetrack.
	The consolidated financial statements include the accounts of the Company, Canterbury Park Concessions, Inc. (CPC), and Shakopee Valley RV Park Acquisition Company, LLC after elimination of intercompany accounts and transactions.
Revenue Recognition	'
	Revenue Recognition – The Company’s revenues are derived primarily from the operations of a Card Casino, pari-mutuel wagering on simulcast and live horse races, concession sales, and related activities.  Collection revenue from Card Casino operations, a set percentage of wagers, is recognized at the time that the wagering process is complete.  Pari-mutuel revenues are recognized upon occurrence of the live race that is presented for wagering and after that live race is made official by the respective state’s racing regulatory body.  Revenues related to concession and publication sales and parking and admission fees are recognized as revenue when the service has been performed or the product has been delivered.  All sales taxes are presented on a net basis and are excluded from revenue.
Estimates	'
	Estimates – The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
Cash And Cash Equivalents	'
	Cash and Cash Equivalents – Cash and cash equivalents include all investments with original maturities of three months or less or which are readily convertible into known amounts of cash and are not legally restricted.  The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk on cash and cash equivalents.
Restricted Cash	'
	Restricted Cash – Restricted cash represents refundable deposits and amounts due to horsemen for purses, stakes and awards, and amounts accumulated in card game progressive jackpot pools, the player pool and poker promotional fund to be used to repay card players in the form of promotions, giveaways, prizes, or by other means.
Short-Term Investments	'
	Short-term Investments – Securities are classified as held to maturity when the Company has the positive intent and ability to hold them to maturity, and are measured at amortized cost.  At December 31, 2013 and 2012, all investments were classified as held-to-maturity.  The Company continually reviews its investments to determine whether a decline in fair value below the cost basis is other than temporary.  If the decline in fair value is judged to be other than temporary, the cost basis of the security is written down to fair value and the amount of the write-down is included in earnings.  Short-term investments consist of certificates of deposit at December 31, 2013 and 2012.  Amortized cost approximated fair value for both periods.
Accounts Receivable	'
	Accounts Receivable – Accounts receivable are initially recorded for amounts due from other tracks for simulcast revenue, net of amounts due to other tracks, and for amounts due from customers related to special events.  Credit is granted in the normal course of business without collateral.  Accounts receivable are stated net of allowances for doubtful accounts, which represent estimated losses resulting from the inability of customers to make the required payments.  Accounts that are outstanding longer than the contractual terms are considered past due.  When determining the allowances for doubtful accounts, the Company takes several factors into consideration including the overall composition of the accounts receivable aging, its prior history of accounts receivable write-offs, the type of customers and its day-to-day knowledge of specific customers.  The Company writes off accounts receivable when they become uncollectible.  Changes in the allowances for doubtful accounts are recorded as bad debt expense and are included in other operating expenses in the Company’s consolidated statements of operations.
Inventory	'
	Inventory – Inventory consists primarily of food and beverages, small wares and supplies and retail goods and is recorded at the lower of cost (first-in, first-out) or market.
Unredeemed Pari-Mutuel Tickets	'
	Unredeemed Pari-mutuel Tickets – The Company records a liability for winning tickets and vouchers upon the completion of a race and when a voucher is printed, respectively.  As uncashed winning tickets and vouchers are redeemed, this liability is reduced for the respective cash payment.  The Company recognizes revenue associated with the uncashed winning tickets and vouchers when the likelihood of redemption, based on historical experience, is remote.  While the Company continues to honor all winning tickets and vouchers presented for payment, management may determine the likelihood of redemption to be remote due to the length of time that has elapsed since the ticket was issued.  In these circumstances, if management also determines there is no requirement for remitting balances to government agencies under unclaimed property laws, uncashed winning tickets and vouchers may then be recognized as revenue in the Company’s consolidated statements of operations.
	During the quarter ended June 30, 2013, the Company reevaluated the likelihood of redemption relating to outstanding vouchers and through this assessment, the Company decreased the projected redemption rate.  The Company has determined that this adjustment to the likelihood of redemption relating to vouchers is a change in accounting estimate and has accounted for the change prospectively; i.e. the accounting change impacts interim reporting periods within fiscal year 2013 and future periods.  For the year ended December 31, 2013, the change in accounting estimate decreased the Company’s liability for outstanding pari-mutuel vouchers and increased pari-mutuel revenue in its consolidated statements of operations for the period by approximately $412,286 (pre-tax difference), increasing income from operations by this amount as well.  Net income increased approximately $239,150 (after taking income taxes into account), or by approximately $0.06 net income per basic and diluted common share.
Promotional Allowances	'
	Promotional Allowances – The Company offers certain promotional allowances at no charge to patrons who participate in its player rewards program.  The retail value of these promotional items is shown as a deduction from total revenues on the Company’s consolidated statements of operations.
Due To Minnesota Horsemen's Benevolent And Protective Association, Inc. ("MHBPA")	'
	Due to Minnesota Horsemen’s Benevolent and Protective Association, Inc. (“MHBPA”) – The Minnesota Pari-mutuel Horse Racing Act specifies that the Company is required to segregate a portion of funds (recorded as purse expense in the statements of operations), received from Card Casino operations and wagering on simulcast and live horse races, for future payment as purses for live horse races or other uses of the horsepersons’ associations.  Pursuant to an agreement with the MHBPA, the Company transferred into a trust account or paid directly to the MHBPA, approximately $6,325,000 and $5,175,000 for the years ended December 31, 2013 and 2012, respectively, related to thoroughbred races.  Minnesota Statutes specify that amounts transferred into the trust account are the property of the trust and not of the Company.
Impairment Of Long-Lived Assets	'
	Impairment of Long-Lived Assets – Management of the Company periodically reviews the carrying value of property and equipment for potential impairment by comparing the carrying value of these assets with their related expected undiscounted future net cash flows.  Should the sum of the related expected future net cash flows be less than the carrying value, management will determine whether an impairment loss should be recognized.  An impairment loss would be measured by the amount by which the carrying value of the asset exceeds the fair value of the asset.  Management has determined that no impairment of these assets exists at December 31, 2013.
Advertising And Marketing	'
	Advertising and Marketing – Advertising and marketing costs are charged to expense as incurred.  The related amounts are presented separately in the Company’s consolidated statements of operations.
Land, Buildings, And Equipment	'
	Land, Buildings, and Equipment – Land, buildings, equipment, and building improvements are capitalized at a level of $1,000 or greater and are recorded at cost.  Repair and maintenance costs are charged to operations when incurred.  Furniture, fixtures, and equipment are depreciated using the straight-line method over estimated useful lives ranging from 5 – 7 years, while buildings are depreciated over 15 – 39 years.  Building improvements are amortized using the straight-line method over the useful life of the assets.
Card Casino Accruals	'
	Card Casino Accruals – Minnesota law allows the Company to collect amounts from patrons to fund progressive jackpot pools in the Card Casino.  These amounts, along with amounts earned by the player pool, promotional pools, and the outstanding chip liability, are accrued as short-term liabilities at each balance sheet date.
Income Taxes	'
	Income Taxes –  Income taxes are accounted for under the asset and liability method.  Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.  Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to reverse.
	The Company recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant tax authority.
	Interest and penalties associated with uncertain income tax positions are presented in income tax expense.  For the years ended December 31, 2013 and 2012, the Company did not recognize any expense related to interest and penalties.
Net Income Per Share	'
	Net Income Per Share – Basic net income per common share is based on the weighted average number of common shares outstanding during each year.  Diluted net income per common share takes into effect the dilutive effect of potential common shares outstanding.  The Company’s only potential common shares outstanding are stock options.
Fair Values Of Financial Instruments	'
	Fair Values of Financial Instruments – Due to the current classification of all financial instruments of the Company and given the short-term nature of the related account balances, carrying amounts reported in the consolidated balance sheets approximate fair value.
Stock-Based Employee Compensation	'
	Stock-Based Employee Compensation – The Company accounts for share-based compensation awards on a fair value basis. The estimated grant date fair value of each stock-based award is recognized as expense over the requisite service period (generally the vesting period).  The estimated fair value of each option is calculated using the Black-Scholes option-pricing model.
	For more information on the Company’s stock-based compensation plans, see Note 5.

Land_Buildings_And_Equipment_T

Land, Buildings And Equipment (Tables)	12 Months Ended
	Dec. 31, 2013
Land, Buildings And Equipment [Abstract]	'
Land, Buildings And Equipment, At Cost	'
		2013		2012
	Land	$	6,673,076	$	6,673,076
	Buildings and building improvements		22,107,644		20,559,125
	Furniture and equipment		18,663,552		16,909,702
			47,444,272		44,141,903
	Accumulated depreciation		-22,314,286		-22,021,944
		$	25,129,986	$	22,119,959

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Income Taxes [Abstract]	'
Reconciliation Of Effective Tax Rate	'
		2013		2012
	Federal tax expense at statutory rates	$	587,367	$	668,602
	Nondeductible lobbying expense		29,115		102,332
	State expense, net of federal impact		128,146		155,738
	Stock option expense		12,465		22,862
	Other		-37,312		578
		$	719,781	$	950,112
Income Tax Expense (Benefit)	'
		2013		2012
	Current
	Federal	$	179	$	864,576
	State		156,002		250,136
			156,181		1,114,712
	Deferred, primarily Federal		563,600		-164,600
		$	719,781	$	950,112
Deferred Tax Assets And Liabilities	'
		2013		2012
	Deferred tax assets
	Vacation accrual	$	68,400	$	68,800
	Player rewards program accrual		269,600		252,700
	Stock options and stock appreciation rights		339,300		259,700
	Other		-		103,600
	Total deferred tax assets	$	677,300	$	684,800
	Deferred tax liabilities
	Tax depreciation greater than book depreciation	$	-1,961,400	$	-1,410,000
	Deferred gain on sale of land		-104,000		-104,000
	Other		-4,700		-
	Total deferred tax liabilities	$	-2,070,100	$	-1,514,000

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2013
Stock-Based Compensation [Abstract]	'
Stock Options Activity	'
			2013						2012
						Weighted						Weighted
						Average						Average
			Number of			Exercise			Number of			Exercise
			Shares			Price			Shares			Price
	Outstanding at beginning of year			292,267		$	10.13			318,002		$	9.89
	Granted			-			-			-			-
	Exercised			-5,515			7.14			-24,985			7.09
	Expired/Forfeited			-15,000			13.86			-750			6.76
	Outstanding at end of year			271,752		$	9.99			292,267		$	10.13
	Options exercisable at end of year			271,752		$	9.99			272,142		$	10.27
Stock Options By Exercise Price Range	'
						Weighted
						Average			Weighted
						Remaining			Average
				Options		Contractual			Exercise		Options		Weighted Average
	Range of Exercise Price			Outstanding		Life in Years			Price		Exercisable		Exercise Price
	$	5.00 - 7.50		89,502		5.6		$	6.23		89,502		$	6.23
	$	7.51 - 11.25		77,750		6.3		$	8.34		77,750		$	8.33
	$	11.26 - 16.50		75,000		4.0		$	13.45		75,000		$	13.45
	$	16.51 - 17.25		29,500		0.9		$	16.94		29,500		$	16.94
		Total		271,752		4.9		$	9.99		271,752		$	9.99
Share-Based Compensation, Granted	'
			2013						2012
						Weighted						Weighted
						Average						Average
						Fair Value						Fair Value
			Grant			Per Share			Grant			Per Share
	Board restricted stock			18,290		$	10.52			11,820		$	12.69
	Total shares			18,290						11,820
Stock Appreciation Rights Valuation Assumptions	'
				2013			2012
	Expected dividend yield			0.00	%		0.00	%
	Expected weighted-average volatility			49.5	%		47.8	%
	Risk-free interest rate			2.84	%		1.65	%
	Expected term of SARs (in years)			9.00			10.25
Stock Appreciation Rights Award Activity	'
			SARs			Weighted Average Fair Value
	Non-vested SARs at December 31, 2011			—		$	—
	Granted			165,000			4.72
	Vested			-16,500			4.72
	Cancellations			—			—
	Non-vested SARs at December 31, 2012			148,500		$	5.24
	Granted			—			—
	Vested			-16,500			5.03
	Cancellations			—			—
	Non-vested SARs at December 31, 2013			132,000		$	5.41

Net_Income_Per_Share_Computati1

Net Income Per Share Computations (Tables)	12 Months Ended
	Dec. 31, 2013
Net Income Per Share Computations [Abstract]	'
Schedule Of Earnings Per Share Reconciliation	'
		2013		2012
	Net income (numerator) amounts used for basic and diluted per share computations:	$	1,016,712	$	1,016,364
	Weighted average shares (denominator) of common stock outstanding:
	Basic		4,164,437		4,130,738
	Plus dilutive effect of stock options		25,052		34,663
	Diluted		4,189,489		4,165,401
	Net income per common share:
	Basic	$	0.24	$	0.25
	Diluted		0.24		0.24

Operating_Leases_And_Commitmen1

Operating Leases And Commitments (Tables)	12 Months Ended
	Dec. 31, 2013
Operating Leases And Commitments [Abstract]	'
Schedule Of Future Minimum Lease Payments	'
	Lease Obligations	TOTAL	2014	2015	2016	2017	2018
	Operating Leases	$	$	$	$	$	$
		234,200	125,900	49,400	29,200	27,300	2,400

Operating_Segments_Tables

Operating Segments (Tables)	12 Months Ended
	Dec. 31, 2013
Operating Segments [Abstract]	'
Schedule Of The Company's Operating Segments	'
		Year Ended December 31, 2013
		Horse Racing		Card Casino		Concessions		Total
	Net revenues from external customers	$	14,704	$	25,545	$	6,487	$	46,736
	Intersegment revenues		635		-		1,499		2,134
	Net interest income		3		-		-		3
	Depreciation		1,198		540		124		1,862
	Segment (loss) income before income taxes		-2,138		4,654		524		3,040
		At December 31, 2013
	Segment Assets	$	34,870	$	1,640	$	13,845	$	50,355
		Year Ended December 31, 2012
		Horse Racing		Card Casino		Concessions		Total
	Net revenues from external customers	$	13,451	$	25,999	$	6,011	$	45,461
	Intersegment revenues		498		-		1,548		2,046
	Net interest income		7		-		-		7
	Depreciation		1,076		561		136		1,773
	Segment (loss) income before income taxes		-2,191		4,792		574		3,175
		At December 31, 2012
	Segment Assets	$	31,950	$	2,337	$	12,538	$	46,825
Reconciliation Of Revenues	'
		2013		2012
	Revenues
	Total net revenue for reportable segments	$	48,870	$	47,507
	Elimination of intersegment revenues		-2,134		-2,046
	Total consolidated net revenues	$	46,736	$	45,461
Reconciliation Of Income Before Income Taxes	'
	Income before income taxes
	Total segment income before income taxes	$	3,040	$	3,175
	Elimination of intersegment income before income taxes		-1,304		-1,209
	Total consolidated income before income taxes	$	1,736	$	1,966
Reconciliation Of Assets	'
		December 31,		December 31,
		2013		2012
	Assets
	Total assets for reportable segments	$	50,355	$	46,825
	Elimination of intercompany receivables		-13,242		-11,925
	Total consolidated assets	$	37,113	$	34,900

Supplementary_Financial_Inform1

Supplementary Financial Information (Tables)	12 Months Ended
	Dec. 31, 2013
Supplementary Financial Information [Abstract]	'
Schedule Of Supplementary Financial Information	'
		2013 Quarter Ended
		31-Mar	30-Jun	30-Sep	31-Dec
	Net revenues	$	$	$	$
		9,144,568	13,280,950	14,274,459	10,036,460
	Operating expenses	8,638,940	12,948,626	13,999,754	9,415,308
	Net income	291,081	193,248	170,503	361,880
	Basic net income per share	0.07	0.05	0.04	0.09
	Diluted net income per share	0.07	0.05	0.04	0.09
		2012 Quarter Ended
		31-Mar	30-Jun	30-Sep	31-Dec
	Net revenues	$	$	$	$
		9,608,710	11,964,084	13,787,685	10,100,168
	Operating expenses	8,603,751	12,257,434	13,401,106	9,238,582
	Net income	532,504	-166,536	202,034	448,362
	Basic net income per share	0.13	-0.04	0.05	0.11
	Diluted net income per share	0.13	-0.04	0.05	0.11

Cooperative_Marketing_Agreemen1

Cooperative Marketing Agreement (Tables)	12 Months Ended
	Dec. 31, 2013
Cooperative Marketing Agreement [Abstract]	'
Purse Enhancement And Marketing Payments	'
	Year	Purse Enhancement Payments to Horsemen	Marketing Payments to Canterbury Park
	2014	$5,840,000	$660,000
	2015	6,434,000	726,000
	2016	7,087,400	798,600
	2017	7,806,140	878,460
	2018	8,000,000	900,000
	2019	8,000,000	900,000
	2020	8,000,000	900,000
	2021	8,000,000	900,000
	2022	8,000,000	900,000

Summary_Of_Significant_Account2

Summary Of Significant Accounting Policies (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
									item
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Casino open, number of hours daily	'	'	'	'	'	'	'	'	'24 hours	'
Casino open, number of days weekly	'	'	'	'	'	'	'	'	'7 days	'
Minnesota State law, maximum number of game tables	'	'	'	'	'	'	'	'	80	'
Pari-mutuel Revenue	'	'	'	'	'	'	'	'	$11,179,285	$10,166,070
Income From Operations	'	'	'	'	'	'	'	'	1,733,809	1,959,774
Net income	361,880	170,503	193,248	291,081	448,362	202,034	-166,536	532,504	1,016,712	1,016,364
Due to Minnesota Horsemen's Benevolent and Protective Association, Inc.	'	'	'	'	'	'	'	'	6,325,000	5,175,000
Property, plant and equipment, minimum cost capitalization	'	'	'	'	'	'	'	'	1,000	'
Restatement Adjustment [Member]	'	'	'	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Pari-mutuel Revenue	'	'	'	'	'	'	'	'	412,286	'
Income From Operations	'	'	'	'	'	'	'	'	412,286	'
Net income	'	'	'	'	'	'	'	'	$239,150	'
Earnings per basic and diluted common share	'	'	'	'	'	'	'	'	$0.06	'
Minimum [Member] | Furniture, Fixtures And Equipment [Member]	'	'	'	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Property, plant and equipment, useful life	'	'	'	'	'	'	'	'	'5 years	'
Minimum [Member] | Building [Member]	'	'	'	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Property, plant and equipment, useful life	'	'	'	'	'	'	'	'	'15 years	'
Maximum [Member] | Furniture, Fixtures And Equipment [Member]	'	'	'	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Property, plant and equipment, useful life	'	'	'	'	'	'	'	'	'7 years	'
Maximum [Member] | Building [Member]	'	'	'	'	'	'	'	'	'	'
Summary Of Significant Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Property, plant and equipment, useful life	'	'	'	'	'	'	'	'	'39 years	'

Land_Buildings_And_Equipment_D

Land, Buildings And Equipment (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]	'	'
Gross	$47,444,272	$44,141,903
Accumulated depreciation	-22,314,286	-22,021,944
Net	25,129,986	22,119,959
Land [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross	6,673,076	6,673,076
Building And Building Improvements [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross	22,107,644	20,559,125
Furniture And Equipment [Member]	'	'
Property, Plant and Equipment [Line Items]	'	'
Gross	$18,663,552	$16,909,702

Income_Taxes_Reconciliation_Of

Income Taxes (Reconciliation Of Effective Tax Rate) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]	'	'
Federal tax expense at statutory rates	$587,367	$668,602
Nondeductible lobbying expense	29,115	102,332
State expense, net of federal impact	128,146	155,738
Stock option expense	12,465	22,862
Other	-37,312	578
Income tax expense (benefit)	$719,781	$950,112

Income_Taxes_Income_Tax_Expens

Income Taxes (Income Tax Expense (Benefit)) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]	'	'
Current, Federal	$179	$864,576
Current, State	156,002	250,136
Current, Total	156,181	1,114,712
Deferred, primarily Federal	563,600	-164,600
Income tax expense (benefit)	$719,781	$950,112

Income_Taxes_Deferred_Tax_Asse

Income Taxes (Deferred Tax Assets And Liabilities) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Income Taxes [Abstract]	'	'
Vacation accrual	$68,400	$68,800
Player rewards program accrual	269,600	252,700
Stock options and stock appreciation rights	339,300	259,700
Other	'	103,600
Total deferred tax assets	677,300	684,800
Tax depreciation greater than book depreciation	-1,961,400	-1,410,000
Deferred gain on sale of land	-104,000	-104,000
Other	-4,700	'
Total deferred tax liabilities	($2,070,100)	($1,514,000)

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended
	Sep. 30, 2012	Jun. 30, 2012	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Employer contributions to 401(k) plan	'	'	134,319	120,345
Number of additional shares authorized for repurchase	'	'	'	100,000
Shares repurchased	'	'	809	3,867
Shares repurchased, price per share	'	'	9.28	9.94
Shares repurchased, value	'	'	7,509	38,435
Employee Stock Purchase Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Percentage of purchase price to fair market value of shares	10.00%	5.00%	'	'
Number of shares purchased by employees	'	'	7,212	8,153
Shares issued for Employee Stock Purchase Plan	'	'	259,951	'
Shares available under plan	'	'	350,000	'

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Jun. 07, 2012

Jun. 02, 2011

Jan. 04, 2013

Dec. 31, 2013

30-May-13

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Feb. 25, 2010

Apr. 23, 2009

Dec. 31, 2012

Dec. 31, 2013

Dec. 13, 2012

Dec. 31, 2013

Dec. 31, 2012

Jun. 14, 2012

Dec. 31, 2013

Dec. 31, 2012

5 Non-Employee Members Of Board Of Directors [Member]

5 Non-Employee Members Of Board Of Directors [Member]

Newly Named Non-Employee Member Of Board Of Directors [Member]

Newly Named Non-Employee Member Of Board Of Directors [Member]

6 Non Employee Members Of Board Of Directors [Member]

6 Non Employee Members Of Board Of Directors [Member]

Stock Options [Member]

Stock Options [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Stock Option [Member]

Employee Deferred Stock Award [Member]

Employee Deferred Stock Award [Member]

Employee Deferred Stock Award [Member]

Stock Appreciation Rights (SARs) [Member]

Stock Appreciation Rights (SARs) [Member]

Stock Appreciation Rights (SARs) [Member]

item

item

item

item

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares available under plan

'

'

'

'

'

'

'

'

1,450,000

'

'

'

'

'

'

'

'

'

'

'

Stock based compensation expense

$270,074

$212,459

'

'

'

'

'

'

'

'

$282,355

$92,555

'

'

$172,200

'

'

'

$227,592

$239,788

Share-based compensation, other than options granted

'

165,000

2,364

1,000

1,250

'

2,840

'

'

'

'

'

'

'

20,500

'

'

165,000

'

'

Stock-based compensation, options granted, number of nonemployee members

'

'

5

5

'

'

6

'

'

'

'

'

'

'

'

'

'

'

'

'

Granted, price

'

'

$12.69

$14.66

$10

'

$10.56

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock, percentage vested

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

Share-based compensation, vesting period

'

'

'1 year

'1 year

'1 year

'

'

'1 year

'

'

'42 months

'42 months

'

'

'4 years

'

'

'

'

'

Share-based compensation shares available for grant

18,290

11,820

11,820

5,000

'

'

'

17,040

181,140

'

'

'

'

'

'

'

'

'

'

'

Share-based compensation nonemployee, cost

'

'

149,996

73,300

'

'

'

104,966

'

'

'

'

'

'

'

'

'

'

'

'

Share-based compensation cost

'

'

'

'

'

12,500

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unrecognized compensation costs

0

'

'

'

'

0

'

74,976

'

'

'

'

0

0

'

127,356

'

'

'

'

Recognition period for unrecognized compensation costs

'

'

'

'

'

'

'

'4 months 24 days

'

'

'

'

'

'

'

'3 years

'

'

'

'

Stock options granted

'

'

'

'

'

'

'

'

'

'

86,500

100,000

'

'

'

'

'

'

'

'

Granted exercise price

'

'

'

'

'

'

'

'

'

'

$8.28

$6

'

'

$9.84

'

'

'

'

'

Share-based compensation, expiration period

'

'

'

'

'

'

'

'

'

'

'10 years

'10 years

'

'

'

'

'

'

'

'

Compensation cost included in salaries and benefits expense

47,059

70,589

'

'

'

'

'

'

'

'

'

'

22,037

'

'

43,050

1,794

'

'

'

Benefit from appreciation in the value of common stock, per share

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$14.30

'

'

Percentage of the Rights vested

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

'

'

Number of the Rights vested

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,500

33,000

'

Number of remaining Rights vest per year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

16,500

'

Exercised, SARs

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

Total liability of SARs vested

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

467,380

'

Outstanding and exercisable options grant date fair value

'

'

'

'

'

'

'

'

1,063,000

1,115,000

'

'

'

'

'

'

'

'

'

'

Outstanding and exercisable options weighted average remaining contractual term

'

'

'

'

'

'

'

'

'4 years 10 months 24 days

'5 years 2 months 12 days

'

'

'

'

'

'

'

'

'

'

Number of options granted

'

'

'

'

'

'

'

'

0

0

'

'

'

'

'

'

'

'

'

'

Fair value of options exercised

'

'

'

'

'

'

'

'

13,000

74,000

'

'

'

'

'

'

'

'

'

'

Total income tax expense (benefit) for stock-based compensation arrangements

'

'

'

'

'

'

'

'

$1,893

($32,458)

'

'

'

'

'

'

'

'

'

'

StockBased_Compensation_Stock_

Stock-Based Compensation (Stock Options Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock-Based Compensation [Abstract]	'	'
Outstanding at beginning of year, Number of Shares	292,267	318,002
Exercised, Number of Shares	-5,515	-24,985
Expired/Forfeited, Number of Shares	-15,000	-750
Outstanding at end of year, Number of Shares	271,752	292,267
Exercisable, Number of Shares	271,752	272,142
Outstanding at beginning of year, Weighted Average Exercise Price	$10.13	$9.89
Exercised, Weighted Average Exercise Price	$7.14	$7.09
Expired/Forfeited, Weighted Average Exercise Price	$13.86	$6.76
Outstanding at end of year, Weighted Average Exercise Price	$9.99	$10.13
Exercisable, Weighted Average Exercise Price	$9.99	$10.27

StockBased_Compensation_Stock_1

Stock-Based Compensation (Stock Options By Exercise Price Range) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'
Options Outstanding	271,752	292,267	318,002
Weighted Average Remaining Contractual Life in Years	'4 years 10 months 24 days	'	'
Weighted Average Exercise Price	$9.99	$10.13	$9.89
Options Exercisable	271,752	'	'
Weighted Average Exercise Price	$9.99	$10.27	'
$5.00 - 7.50 [Member]	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'
Exercise Price Range, Lower Range Limit	$5	'	'
Exercise Price Range, Upper Range Limit	$7.50	'	'
Options Outstanding	89,502	'	'
Weighted Average Remaining Contractual Life in Years	'5 years 7 months 6 days	'	'
Weighted Average Exercise Price	$6.23	'	'
Options Exercisable	89,502	'	'
Weighted Average Exercise Price	$6.23	'	'
$7.51 - 11.25 [Member]	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'
Exercise Price Range, Lower Range Limit	$7.51	'	'
Exercise Price Range, Upper Range Limit	$11.25	'	'
Options Outstanding	77,750	'	'
Weighted Average Remaining Contractual Life in Years	'6 years 3 months 18 days	'	'
Weighted Average Exercise Price	$8.34	'	'
Options Exercisable	77,750	'	'
Weighted Average Exercise Price	$8.33	'	'
$11.26 - 16.50 [Member]	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'
Exercise Price Range, Lower Range Limit	$11.26	'	'
Exercise Price Range, Upper Range Limit	$16.50	'	'
Options Outstanding	75,000	'	'
Weighted Average Remaining Contractual Life in Years	'4 years	'	'
Weighted Average Exercise Price	$13.45	'	'
Options Exercisable	75,000	'	'
Weighted Average Exercise Price	$13.45	'	'
$16.51 - 17.25 [Member]	'	'	'
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]	'	'	'
Exercise Price Range, Lower Range Limit	$16.51	'	'
Exercise Price Range, Upper Range Limit	$17.25	'	'
Options Outstanding	29,500	'	'
Weighted Average Remaining Contractual Life in Years	'10 months 24 days	'	'
Weighted Average Exercise Price	$16.94	'	'
Options Exercisable	29,500	'	'
Weighted Average Exercise Price	$16.94	'	'

StockBased_Compensation_ShareB

Stock-Based Compensation (Share-Based Compensation, Granted) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant	18,290	11,820
Board Restricted Stock [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Grant	18,290	11,820
Weighted Average Fair Value Per Share	$10.52	$12.69

StockBased_Compensation_Stock_2

Stock-Based Compensation (Stock Appreciation Rights Valuation Assumptions) (Details) (Stock Appreciation Rights (SARs) [Member])	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock Appreciation Rights (SARs) [Member]	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Expected dividend yield	0.00%	0.00%
Expected weighted-average volatility	49.50%	47.80%
Risk-free interest rate	2.84%	1.65%
Expected term of SARs (in years)	'9 years	'10 years 3 months

StockBased_Compensation_Stock_3

Stock-Based Compensation (Stock Appreciation Rights Award Activity) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Stock-Based Compensation [Abstract]	'	'
Non-vested SARs, Beginning Balance	148,500	'
Granted, SARs	'	165,000
Vested, SARs	-16,500	-16,500
Cancellations, SARs	'	'
Non-vested SARs, Ending Balance	132,000	148,500
Non-vested SARs, Weighted Average Fair Value, Beginning Balance	$5.24	'
Granted, Weighted Average Fair Value	'	$4.72
Vested, Weighted Average Fair Value	$5.03	$4.72
Cancellations, Weighted Average Fair Value	'	'
Non-vested SARs, Weighted Average Fair Value, Ending Balance	$5.41	$5.24

Net_Income_Per_Share_Computati2

Net Income Per Share Computations (Narrative) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Net Income Per Share Computations [Abstract]	'	'
Number of common stock shares to purchase under stock options	104,500	119,500
Average price of common shares under stock options	$14.44	$14.36

Net_Income_Per_Share_Computati3

Net Income Per Share Computations (Schedule Of Earnings Per Share Reconciliation) (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Net Income Per Share Computations [Abstract]	'	'	'	'	'	'	'	'	'	'
Net income (numerator) amounts used for basic and diluted per share computations:	$361,880	$170,503	$193,248	$291,081	$448,362	$202,034	($166,536)	$532,504	$1,016,712	$1,016,364
Weighted average shares (denominator) of common stock outstanding:	'	'	'	'	'	'	'	'	'	'
Basic	'	'	'	'	'	'	'	'	4,164,437	4,130,738
Plus dilutive effect of stock options	'	'	'	'	'	'	'	'	25,052	34,663
Diluted	'	'	'	'	'	'	'	'	4,189,489	4,165,401
Net income per common share:	'	'	'	'	'	'	'	'	'	'
Basic	$0.09	$0.04	$0.05	$0.07	$0.11	$0.05	($0.04)	$0.13	$0.24	$0.25
Diluted	$0.09	$0.04	$0.05	$0.07	$0.11	$0.05	($0.04)	$0.13	$0.24	$0.24

General_Credit_Agreement_Detai

General Credit Agreement (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
General Credit Agreement [Abstract]	'	'
Revolving credit line maximum borrowing amount	$3,000,000	'
Borrowings under credit line	$0	$0

Operating_Leases_And_Commitmen2

Operating Leases And Commitments (Narrative) (Details) (USD $)	1 Months Ended	12 Months Ended		1 Months Ended
	Mar. 31, 2008	Dec. 31, 2013	Dec. 31, 2012	Mar. 31, 2014
				Subsequent Event [Member]
Length of service agreement to totalizator provider	'6 years	'	'	'7 years
Service agreement charges	'	$225,000	$218,418	'
Service agreement charges in year one	'	'	'	221,345
Operating lease rent expense charged to operations	'	$130,436	$118,625	'

Operating_Leases_And_Commitmen3

Operating Leases And Commitments (Schedule Of Future Minimum Lease Payments) (Details) (USD $)	Dec. 31, 2013
Operating Leases And Commitments [Abstract]	'
Total Operating Lease Obligations	$234,200
2014	125,900
2015	49,400
2016	29,200
2017	27,300
2018	$2,400

Contingencies_Details

Contingencies (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
	item
	acre
Contingencies [Abstract]	'
Area of land	325
Number of shares agreed to exchange	198,888
Proceeds from issuance Initial Public Offering	$4,847,000
Off-track betting payment to the IMR Fund, L.P., per operating year	700,000
Off-track betting payment to the IMR Fund, L.P. as percentage of net pretax profit	20.00%
Earn out note conditions	2
Number of years defined by off-track betting agreement	'5 years
Minimum number of payments to IMR Fund, L.P.	5
Maximum term for first payment to be made to IMR Fund, L.P.	'90 days
Maximum term for remaining payments to be made to the IMR Fund, L.P.	'90 days
Remaining years, payments to the IMR Fund, L.P.	'4 years
Bond face amount	$500,000

RelatedParty_Transactions_Deta

Related-Party Transactions (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Related-Party Transactions [Abstract]	'	'
Amounts paid to related parties	$40,000	$40,000

Operating_Segments_Narrative_D

Operating Segments (Narrative) (Details)	12 Months Ended
	Dec. 31, 2013
	segment
Operating Segments [Abstract]	'
Number of reportable operating segments	3
Percent of gross concession segment revenue paid to horse racing segment	25.00%

Operating_Segments_Schedule_Of

Operating Segments (Schedule Of The Company's Operating Segments) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting Information [Line Items]	'	'
Net revenues from external customers	$46,736,000	$45,461,000
Intersegment revenues	2,134,000	2,046,000
Net interest income	3,000	7,000
Depreciation	1,861,702	1,772,760
Segment (loss) income before income taxes	3,040,000	3,175,000
Segment Assets	50,355,000	46,825,000
Horse Racing [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net revenues from external customers	14,704,000	13,451,000
Intersegment revenues	635,000	498,000
Net interest income	3,000	7,000
Depreciation	1,198,000	1,076,000
Segment (loss) income before income taxes	-2,138,000	-2,191,000
Segment Assets	34,870,000	31,950,000
Card Casino [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net revenues from external customers	25,545,000	25,999,000
Depreciation	540,000	561,000
Segment (loss) income before income taxes	4,654,000	4,792,000
Segment Assets	1,640,000	2,337,000
Concessions [Member]	'	'
Segment Reporting Information [Line Items]	'	'
Net revenues from external customers	6,487,000	6,011,000
Intersegment revenues	1,499,000	1,548,000
Depreciation	124,000	136,000
Segment (loss) income before income taxes	524,000	574,000
Segment Assets	$13,845,000	$12,538,000

Operating_Segments_Reconciliat

Operating Segments (Reconciliation Of Revenues) (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'	'	'	'	'	'	'
Total consolidated net revenues	$10,036,460	$14,274,459	$13,280,950	$9,144,568	$10,100,168	$13,787,685	$11,964,084	$9,608,710	$46,736,437	$45,460,647
Reportable Segment [Member]	'	'	'	'	'	'	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'	'	'	'	'	'	'
Total consolidated net revenues	'	'	'	'	'	'	'	'	48,870,000	47,507,000
Elimination Of Intersegment [Member]	'	'	'	'	'	'	'	'	'	'
Segment Reporting, Revenue Reconciling Item [Line Items]	'	'	'	'	'	'	'	'	'	'
Total consolidated net revenues	'	'	'	'	'	'	'	'	($2,134,000)	($2,046,000)

Operating_Segments_Reconciliat1

Operating Segments (Reconciliation Of Income Before Income Taxes) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]	'	'
Total consolidated income before income taxes	$1,736,493	$1,966,476
Reportable Segment [Member]	'	'
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]	'	'
Total consolidated income before income taxes	3,040,000	3,175,000
Elimination Of Intersegment [Member]	'	'
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]	'	'
Total consolidated income before income taxes	($1,304,000)	($1,209,000)

Operating_Segments_Reconciliat2

Operating Segments (Reconciliation Of Assets) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total consolidated assets	$37,112,632	$34,899,512
Reportable Segment [Member]	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total consolidated assets	50,355,000	46,825,000
Elimination Of Intersegment [Member]	'	'
Segment Reporting, Asset Reconciling Item [Line Items]	'	'
Total consolidated assets	($13,242,000)	($11,925,000)

Supplementary_Financial_Inform2

Supplementary Financial Information (Details) (USD $)	3 Months Ended								12 Months Ended
	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
Supplementary Financial Information [Abstract]	'	'	'	'	'	'	'	'	'	'
Net revenues	$10,036,460	$14,274,459	$13,280,950	$9,144,568	$10,100,168	$13,787,685	$11,964,084	$9,608,710	$46,736,437	$45,460,647
Operating expenses	9,415,308	13,999,754	12,948,626	8,638,940	9,238,582	13,401,106	12,257,434	8,603,751	45,002,628	43,500,873
Net income	$361,880	$170,503	$193,248	$291,081	$448,362	$202,034	($166,536)	$532,504	$1,016,712	$1,016,364
Basic net income per share	$0.09	$0.04	$0.05	$0.07	$0.11	$0.05	($0.04)	$0.13	$0.24	$0.25
Diluted net income per share	$0.09	$0.04	$0.05	$0.07	$0.11	$0.05	($0.04)	$0.13	$0.24	$0.24

Cooperative_Marketing_Agreemen2

Cooperative Marketing Agreement (Narrative) (Details) (USD $)

0 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Jun. 04, 2012

Feb. 28, 2013

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Jun. 14, 2012

Dec. 31, 2013

Dec. 31, 2012

Stock Appreciation Rights (SARs) [Member]

Stock Appreciation Rights (SARs) [Member]

Stock Appreciation Rights (SARs) [Member]

item

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Obligation under the Agreement to enhance purses for live horse racing meet due current

$2,700,000

$5,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Obligation under Agreement to support joint marketing activities due current

300,000

600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues related to marketing payment

'

'

'

'

'

'

'

'

'

'

595,628

112,857

'

'

'

Expenses related to marketing payment

'

'

'

'

'

'

'

'

'

'

490,072

112,857

'

'

'

Depreciation related to marketing payment

'

'

'

'

'

'

'

'

'

'

105,556

'

'

'

'

Share-based compensation, other than options granted

'

'

'

'

'

'

'

'

'

'

'

165,000

165,000

'

'

Benefit from appreciation in the value of common stock, per share

'

'

'

'

'

'

'

'

'

'

'

'

$14.30

'

'

Percentage of the Rights vested

'

'

'

'

'

'

'

'

'

'

'

'

10.00%

'

'

Number of the Rights vested

'

'

'

'

'

'

'

'

'

'

'

'

16,500

33,000

'

Number of remaining Rights vest per year

'

'

'

'

'

'

'

'

'

'

'

'

'

16,500

'

Stock based compensation expense

'

'

'

'

'

'

'

'

'

'

270,074

212,459

'

227,592

239,788

Expense recorded as an offset to revenue

'

'

10,036,460

14,274,459

13,280,950

9,144,568

10,100,168

13,787,685

11,964,084

9,608,710

46,736,437

45,460,647

'

227,592

112,857

Other operating expense related to stock appreciation rights

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$126,931

Cooperative_Marketing_Agreemen3

Cooperative Marketing Agreement (Purse Enhancement And Marketing Payments) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
Cooperative Marketing Agreement [Abstract]	'
2014, Purse Enhancement	$5,840,000
2015, Purse Enhancement	6,434,000
2016, Purse Enhancement	7,087,400
2017, Purse Enhancement	7,806,140
2018, Purse Enhancement	8,000,000
2019, Purse Enhancement	8,000,000
2020, Purse Enhancement	8,000,000
2021, Purse Enhancement	8,000,000
2022, Purse Enhancement	8,000,000
2014, Marketing Payment	660,000
2015, Marketing Payment	726,000
2016, Marketing Payment	798,600
2017, Marketing Payment	878,460
2018, Marketing Payment	900,000
2019, Marketing Payment	900,000
2020, Marketing Payment	900,000
2021, Marketing Payment	900,000
2022, Marketing Payment	$900,000