Note 11  Segment Information The Company conducts its business through two reportable operating segments: Casinos and Distributed Gaming. The Companys Casinos segment involves the ownership and operation of resort casino properties in Nevada and Maryland. The Companys Distributed Gaming segment involves the installation, maintenance and operation of slots and amusement devices in non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores and grocery stores in Nevada and Montana, and the operation of branded taverns targeting local patrons located primarily in the greater Las Vegas, Nevada metropolitan area. The Corporate and Other segment includes the Companys cash and cash equivalents, miscellaneous receivables and corporate overhead. Costs recorded in the Corporate and Other segment have not been allocated to the Companys reportable operating segments because these costs are not easily allocable and to do so would not be practical. The Company evaluates each segments profitability based upon such segments Adjusted EBITDA, which represents each segments earnings before interest and other non-operating income (expense), income taxes, depreciation and amortization, preopening expense, acquisition expenses, share-based compensation expenses, executive severance, rebranding, class action litigation expenses, gain/loss on disposal of property and equipment, gain on change in fair value of derivative and other losses, calculated before corporate overhead (which is not allocated to each segment). The following tables set forth, for the periods indicated, certain operating data for the Companys segments, and reconciles net income (loss) to Adjusted EBITDA: Three Months Ended March 31, 2019 (In thousands) Casinos Distributed Gaming Corporate and Other Consolidated Revenues Gaming $ 70,885 $ 72,907 $  $ 143,792 Food and beverage 36,442 13,316  49,758 Rooms 31,287   31,287 Other 12,760 2,134 161 15,055 Total revenues $ 151,374 $ 88,357 $ 161 $ 239,892 Net income (loss) $ 22,689 $ 7,606 $ (38,313 ) $ (8,018 ) Depreciation and amortization 21,643 5,329 293 27,265 Preopening and related expenses (1) 1,654 566 12 2,232 Acquisition and severance expenses 286 26 1,232 1,544 Asset disposal and other writedowns 256 (9 ) 390 637 Share-based compensation 11 5 4,168 4,184 Other, net 11  853 864 Interest expense, net 52 16 18,067 18,135 Change in fair value of derivative   2,248 2,248 Income tax benefit   (651 ) (651 ) Adjusted EBITDA $ 46,602 $ 13,539 $ (11,701 ) $ 48,440 Three Months Ended March 31, 2018 (In thousands) Casinos Distributed Gaming Corporate and Other Consolidated Revenues Gaming $ 64,459 $ 69,404 $  $ 133,863 Food and beverage 29,996 12,607  42,603 Rooms 26,127   26,127 Other 9,905 2,150 141 12,196 Total revenues $ 130,487 $ 84,161 $ 141 $ 214,789 Net income (loss) $ 23,841 $ 7,448 $ (27,359 ) $ 3,930 Depreciation and amortization 19,635 5,148 454 25,237 Preopening expenses (1)  148 300 448 Acquisition and severance expenses 51 35 1,213 1,299 Asset disposal and other writedowns 62 15  77 Share-based compensation   1,844 1,844 Other, net 37 167 104 308 Interest expense, net 24 46 14,673 14,743 Change in fair value of derivative   (3,211 ) (3,211 ) Income tax provision   1,219 1,219 Adjusted EBITDA $ 43,650 $ 13,007 $ (10,763 ) $ 45,894 (1) Preopening expenses include rent, organizational costs, non-capital costs associated with the opening of tavern and casino locations, and expenses related to The Strat rebranding and the launch of the TrueRewards players club. Total Segment Assets The Companys assets by segment consisted of the following amounts: (In thousands) Casinos Distributed Gaming Corporate and Other Consolidated Balance at March 31, 2019 $ 1,207,197 $ 437,018 $ 45,968 $ 1,690,183 Balance at December 31, 2018 $ 1,006,292 $ 299,697 $ 60,580 $ 1,366,569