WRITE-DOWNS AND OTHER ITEMS, NET

Write-downs and other items, net are comprised of the following:



	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2011			2010		2011			2010
	In thousands
Impairment of trademark	$	—		$	—	$	5,000		$	—
Measurement period adjustments	—			—		(473		)	—
Asset write-downs	(3		)	262		926			274
Acquisition related expenses	1,874			1,078		2,244			4,658
Tunica flood expenses, net of recoveries	429			—		1,572			—
Total write-downs and other items, net	$	2,300		$	1,340	$	9,269		$	4,932

Impairment of Trademark

As discussed in Note 5, Intangible Assets, during the nine months ended September 30, 2011, we recorded a $5.0 million impairment to the trademark, based upon the performance of an interim impairment test in connection with the valuation of Borgata.

Measurement Period Adjustments

In connection with the valuation procedures we performed on Borgata, we recorded measurement adjustments of $0.5 million during the nine months ended September 30, 2011, which were primarily comprised of a $0.3 million bargain purchase gain.

Asset Write-Downs

During the three months ended September 30, 2010, we recognized a loss of $0.3 million in connection with the disposal of certain property and equipment in the ordinary course of business. During the nine months ended September 30, 2011 and 2010, we recognized losses of $0.9 million and $0.3 million, respectively, in connection with the disposal of certain property and equipment in the ordinary course of business.

Acquisition Related Expenses

During the three months ended September 30, 2011 and 2010, we recorded $1.9 million and $1.1 million of expenses related to evaluating various acquisition possibilities and other business development activities. During the nine months ended September 30, 2011 and 2010, we recorded $2.2 million and $4.7 million of expenses related to evaluating various acquisition possibilities and other business development activities.

Tunica Flood Expenses, Net of Recoveries

Due to flooding of the Mississippi River and temporary closure of the property in May 2011, during the three and nine months ended September 30, 2011, we recorded $0.4 million and $1.6 million of Tunica flood expenses, net of recoveries.