v2.4.0.6
Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt, net of current maturities consists of the following:
 
March 31, 2013
 
 
 
 
 
Unamortized
 
 
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
 
Principal
 
Discount
 
Fees
 
Debt, Net
 
(In thousands)
Boyd Debt:
 
 
 
 
 
 
 
Boyd Gaming Long-Term Debt:
 
 
 
 
 
 
 
Bank credit facility
$
1,445,025

 
$
(4,464
)
 
$
(2,866
)
 
$
1,437,695

9.125% senior notes due 2018
500,000

 
—

 
(7,010
)
 
492,990

9.00% senior notes due 2020
350,000

 
—

 
—

 
350,000

6.75% senior subordinated notes due 2014
215,668

 
—

 
—

 
215,668

7.125% senior subordinated notes due 2016
240,750

 
—

 
—

 
240,750

HoldCo Note
147,800

 
(29,145
)
 
—

 
118,655

 
2,899,243

 
(33,609
)
 
(9,876
)
 
2,855,758

 
 
 
 
 
 
 
 
Peninsula Gaming Debt:
 
 
 
 
 
 
 
Bank credit facility
843,738

 
—

 
—

 
843,738

8.375% senior notes due 2018
350,000

 
—

 
—

 
350,000

Other
19

 
—

 
—

 
19

 
1,193,757

 
—

 
—

 
1,193,757

Total Boyd Debt
4,093,000

 
(33,609
)
 
(9,876
)
 
4,049,515

 
 
 
 
 
 
 
 
Borgata Debt:
 
 
 
 
 
 
 
Bank credit facility
14,000

 
—

 
—

 
14,000

9.50% senior secured notes due 2015
398,000

 
(2,328
)
 
(5,467
)
 
390,205

9.875% senior secured notes due 2018
393,500

 
(2,033
)
 
(7,365
)
 
384,102

 
805,500

 
(4,361
)
 
(12,832
)
 
788,307

Less current maturities
200,759

 
—

 
—

 
200,759

Long-term debt, net
$
4,697,741

 
$
(37,970
)
 
$
(22,708
)
 
$
4,637,063


 
December 31, 2012
 
 
 
 
 
Unamortized
 
 
 
Outstanding
 
Unamortized
 
Origination
 
Long-Term
 
Principal
 
Discount
 
Fees
 
Debt, Net
 
(In thousands)
Boyd Debt:
 
 
 
 
 
 
 
Boyd Gaming Long-Term Debt:
 
 
 
 
 
 
 
Bank credit facility
$
1,474,850

 
$
(5,001
)
 
$
(3,214
)
 
$
1,466,635

9.125% senior notes due 2018
500,000

 
—

 
(7,320
)
 
492,680

9.00% senior notes due 2020
350,000

 
—

 
—

 
350,000

6.75% senior subordinated notes due 2014
215,668

 
—

 
—

 
215,668

7.125% senior subordinated notes due 2016
240,750

 
—

 
—

 
240,750

HoldCo Note and other
158,141

 
(32,666
)
 
—

 
125,475

 
2,939,409

 
(37,667
)
 
(10,534
)
 
2,891,208

 
 
 
 
 
 
 
 
Peninsula Gaming Debt:
 
 
 
 
 
 
 
Bank credit facility
854,400

 
—

 
—

 
854,400

8.375% senior notes due 2018
350,000

 
—

 
—

 
350,000

Other
494

 
(3
)
 
—

 
491

 
1,204,894

 
(3
)
 
—

 
1,204,891

Total Boyd Debt
4,144,303

 
(37,670
)
 
(10,534
)
 
4,096,099

 
 
 
 
 
 
 
 
Borgata Debt:
 
 
 
 
 
 
 
Bank credit facility
20,000

 
—

 
—

 
20,000

9.50% senior secured notes due 2015
398,000

 
(2,525
)
 
(5,928
)
 
389,547

9.875% senior secured notes due 2018
393,500

 
(2,103
)
 
(7,620
)
 
383,777

 
811,500

 
(4,628
)
 
(13,548
)
 
793,324

Less current maturities
61,570

 
—

 
—

 
61,570

Long-term debt, net
$
4,894,233

 
$
(42,298
)
 
$
(24,082
)
 
$
4,827,853
Schedule of Line of Credit Facilities
The net amounts outstanding under the Credit Facility are comprised of the following:
 
 
March 31,
 
December 31,
 
 
2013
 
2012
 
 
(In thousands)
Extended Revolving Facility
 
$
660,000

 
$
660,000

Initial Term Loan
 
443,750

 
450,000

Increased Term Loan
 
328,125

 
332,500

Swing Loan
 
5,820

 
24,135

Total outstanding borrowings under Credit Facility, net
$
1,437,695

 
$
1,466,635
Schedule of Line of Credit Facility Commitment and Availability
Presently, our Credit Facility is comprised of the following components and commitments:
 
Available
Capacity
 
Present Borrowings
 
Remaining Availability
 
(In thousands)
Extended Revolving Facility
$
960,000

 
$
660,000

 
$
278,398

Initial Term Loan
500,000

 
443,750

 
—

Increased Term Loan
350,000

 
328,125

 
—

Total commitments under Credit Facility
$
1,810,000

 
$
1,431,875

 
$
278,398